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(C) "Lender" is HOMECOMINGS FINANCIAL NETWORK, INC. 20021 V 52N
<br />Lender is a CORPORATION
<br />organized and existing under the laws of DELAWARE
<br />Lender's address is 27725 STANSBURY BLVD, SUITE 375
<br />FARMINGTON HILLS, MI 48334
<br />(D) "Trustee "is kl64&/Lbi hY/Al JD'F[ ,//R9dRbV1&0V:vfdr/E'ldd/ �C� n
<br />FIDELITY NATIONAL TITLE INSURANCE COMPANY 1/
<br />(E) "MFRS" is Mortgage Electronic Registration Systems, Inc. MERE is a separ Ora' n at is
<br />acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary
<br />under this Security Instrument. MFRS is organized and existing under the laws of Delaware, and has an
<br />address and telephone number of P.O. Box 2026, Flint, MI 48501 -2026, tel. (888) 679 -MERS.
<br />(F) "Note" means the promissory note signed by Borrower and dated SEPTEMBER 24TH, 2002
<br />The Note states that Borrower owes Lender ONE HUNDRED NINETY FIVE THOUSAND FIVE
<br />HUNDRED AND NO 1100 Dollars
<br />(U.S. $ 195, 500. 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not later than OCTOBER IST, 201
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property."
<br />(IA "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges
<br />due under the Note, and all sums due under this Security Instrument, plus interest.
<br />(1) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following
<br />Riders are to be executed by Borrower [check box as applicable]:
<br />0 Adjustable Rate Rider 0 Condominium Rider 0 Second Home Rider
<br />0 Balloon Rider 0 Planned Unit Development Rider 0 1-4 Family Rider
<br />0 VA Rider 0 Biweekly Payment Rider 0 Other(s) [specify]
<br />Q) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rates and orders (that have the effect of law) as well as all applicable final,
<br />non - appealable judicial opinions.
<br />(R) "Community Association Does, Fees, and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed on Bormwer or the Property by a condominium association, homeowners
<br />association or similar organization.
<br />(L) "Electronic hands Transfer" means any transfer of funds, other than a transaction originated by
<br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic
<br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit
<br />or credit an account. Such term includes, but is not limited to, point -of -sale transfers, automated teller
<br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse
<br />transfers.
<br />(M) "Escrow Items" means those items that are described in Section 3.
<br />(N) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid
<br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i)
<br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any pan of the
<br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the
<br />value and /or condition of the Property.
<br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on,
<br />the Loan.
<br />4=-6 /0 U2 /lxq /0413909522 imne .
<br />®6AINEI woos r.c "zons bb Form 3028 1101
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