<br />200808804
<br />
<br />4049504390
<br />
<br />organized amle'\isting under the laws of MISSOURI. LA'nder's address is 11206 E 24 HIGHWAY, SUGAR CREEK, MO
<br />64054-8500
<br />
<br />(D) "Trustee" is NATIONAL TITLENET, LLC.
<br />
<br />(E) "MERS" is Mortgage EleetronieRegistwtion Systems, Ine, MI,:RS is a sepawk corporation tbat is acting solely as a
<br />nominee for Lemkr and Lender's sueel'ssors and assigns, MERS is the henetiduy under this Security Instrument. MERS
<br />is organi'l,ed and e\:isting under the laws or Delawnre, and has an address and telephone numher of 1',0. Ho\: 2026, r<lint, MI
<br />48501-2026. teL tRRR) 679-ML':RS
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<br />(F) "Note" means the promissory noli.: signed h:.; Bornmer and dated SEPTEMBER 24, 2008. The Note states that
<br />Bommer o\\'es Lender EIGHTY THOUSAND EIGHTY Dollars tU.S. $80,080,00) plus interest. Borrower has promised to
<br />pay this debt in regular Periodic Payments and to pay the ddlt in rull not later than OCTOBER 1, 2038,
<br />
<br />(G) "Property" means the propertv that is descrihed below under the heading "'rranster of Rights in the Property."
<br />
<br />(H) "Loan" means the ,kht evidenced hv the Note, plus interest, any prepayment charges and late charges due under the Note.
<br />and all sums due under this Security Instnnnent plus interest.
<br />([) "Riders" means all Riders to this Security Instrument that are e'\eeuted hv Borrower. 'rhe f()llowing Riders are to he
<br />e'\eeuli.:d by Borrmver r eheek bo'\ as applicahlel:
<br />
<br />U Adjustahle Ratc Rider
<br />D Balloon nider
<br />01-4 I;mnily Rider
<br />t8J V A Rider
<br />
<br />o Condominium Rider
<br />o Planned Unit Development Rider
<br />o Other(s) Ispeeit\]
<br />
<br />o Second Home Rider
<br />o Biweekly Payment Rider
<br />
<br />(J) "Applicahle L:lw" means all controlling appheahle federal, stnte and local statutes, regulations, ordinances and
<br />administrative rules and orders tthat have the errect or law) as well as all applicable final, non-appealahle judicial opinions,
<br />
<br />(K) "Communit;\' Association Dues, Fees, :lnd Assessments" means all dues, fees, assessments and other charges that are
<br />imposed on Borrower or the Property hy a condominium association, homeowl1ers association or similar organization,
<br />
<br />(L) "Electronic Funds Tnlnsfer" llleallS any translCr of funds. other than a transaction originated hv cheek, dmft, or similar
<br />paper instrument, which is initiated through an eledronic tenninal, telephonic instrument, computer, or nHlgnelic tape so as to
<br />order, instruct. or authorize a financial institution to debit or credit an account. Such tel111 includes, hut is not limited to, point-
<br />of-sale transfers. automated telkr machine transactions. lnmsfers initiated by lelephone, wire transfers, and lwtomated
<br />c1euringhouse translCrs.
<br />
<br />(M) "Enro\\' Items" means those items that are described in Section 1,
<br />
<br />(N) "Mistc!laneous Proteeds" means any compensation, settlement, a\\ard of damages. or proceeds paid by any third party
<br />(othcr than insurance proeceds paid under the co\'erages descrihed in Section 5) for: ti) damage to, or destruction of, the
<br />Property': tii) condemnation or other taking of all or uny purt ofthe Propcrly: tiii) conveyance in lieu of condemnation; or tiv)
<br />misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />
<br />(0) "Mortgage Insur:mte" nleans insurance protecting Lender against the nonpayment of, or default on, the Loan.
<br />
<br />(p) "Periodk Payment" means the regularly scheduled amount due tor (i) principal and interest under the Note, plus Iii) any
<br />amOlLJ1ts under Section 3 of this Security Instrument.
<br />
<br />(Q) "RESP A" means the Reul Esta tl' Settlement Procedures Act t 12 U. S,(', ~260 1 et seq,) and its implementing regulation,
<br />Regulation X t24 c.r<,\{. Part 15(0), as they might be mnended from time to time. or any additional or SLlccessor legislation or
<br />regulation that govems the same suhjeet malter. As used in this Securitv Instrument "RESPA" refers to all requirements ami
<br />restrictions that are imposed in regard to a "federallv related mortgage loan" even ir the Loan does not qualitY as a "federally
<br />related mortgage loan" under IU':SPA
<br />
<br />(R) "Successor in Interest of' Borrower" llleans any party that has taken title to the Properly, whether or not that party has
<br />assumed Borrower's obligations umkr the Note and/or this Security Instrument.
<br />
<br />TRANSFER OF RIGIITS IN THE PROPERTY
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<br />The heneficiary of tJ)is Seeurity Instrument is MI.:RS (solcly as nOlllinee for Lender and Lender's successors and assigns) and
<br />
<br />NEBRASKA--Singl<:: Fam;ly--Filnnil'l\f;Il'/Fn'lhlie !\lac tlNWOR!\I INSTRt'!\IENT
<br />Modilll'd ror VA
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<br />1!E;i.1 3:iX_2
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<br />P"g~ 2 of 12
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<br />Form 3028 1/01
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