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<br />" <br /> <br />" <br /> <br />200702023 <br /> <br />Lender is a corporation organized and existing under the laws of THE STATE OF TENNESSEE <br /> <br />Lender's address is <br /> <br />501 CORPORATE CENTRE DRIVE, SUITE 400, FRANKLIN, TENNESSEE 37067 <br />nCOR TITLE INSURANCE COl\1PANY <br /> <br />(D) "Trustee" is <br /> <br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is acting solely <br />as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary under this Security <br />Instrument. MERS is organized and existing under the laws of Delaware, and has an address and telephone <br />number of Post Office Box 2026, Flint, Michigan 48501-2026, telephone (888) 679-MERS. <br />(F) "Note" means the promissory note signed by Borrower and dated MARCH IS, 2007 <br />The Note states that Borrower owes Lender ONE HUNDRED TWENTYMEIGHT THOUSAND ONE <br />HUNDRED FII<"'TY-FOUR AND 00/100ths <br />Dollars (U.S. $ 128,154.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than APRIL 1, 2037 <br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." <br />(H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due <br />under the Note, and all sums due under this Security Instrument, plus interest. <br />(I) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are <br />to be executed by Borrower [check box as applicable]: <br /> <br />o Adjustable Rate Rider <br />o Biweekly Payment Rider <br />o Balloon Rider <br /> <br />o Condominium Rider D 1 - 4 Family Rider <br />o Planned Unit Development Rider <br />o Second Home Rider <br />I8J V A Rider <br /> <br />o Other( s) <br />[specify] <br /> <br />(J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and <br />administrative rules and orders (that have the effect of law) as weIl as all applicable fmal, non-appealable judicial <br />opmlOns. <br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges <br />that are imposed on Borrower or the Property by a condominium association, homeowners association or similar <br />organization. <br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, <br />or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or <br />magnetic tape so as to order, instruct, or authorize a fmancial institution to debit or credit an account. Such term <br />includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by <br />telephone, wire transfers, and automated clearinghouse 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 by any <br />third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or <br />destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in <br />lieu of condemnation; or (iv) misrepresentations of: or omissions as to, the value and/or condition of the Property. <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. <br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, <br />plus (ii) any amounts under Section 3 of this Security Instrument. <br /> <br />NEBRASKA--Singlc Family-"Fannic MacIFreddic Mac UNU'ORM INSTRUMENT <br />AMENDED FOR VA <br />GV2146.HP <br /> <br />Form 3028 1/01 (page 2 of 13 pages) <br />