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2ooso7259
<br />{c) "sender" is CitiMortgage, Ind.
<br />Lender is a Corporation
<br />organized and existing under the laws of New York _
<br />Lender's address is 1000 Technology Drivo. O' Fallon, MH G336&2240
<br />{D) "Trusted" is First American Title Company
<br />(E) "HERS" is Mortgage Electronic Registration Systems, Inc. MFRS is a separate corporation that is
<br />acdng solely as a nominee far ].ender and Lender`s successors and assigns. MFRS is the beneFiciary
<br />under this Security Instrument. MFRS is prganized and existing under the laws of Delaware, and has an
<br />address and telephone number of P.O. Box 2D28, Flint, MI 48501-2D28, tel. (888) 6'79-HERS.
<br />(F) "Note" means the promissory note signed by Borrower and dated 7uly 23, 2004
<br />The Note states that $orrower owes Lender Ono Hundred Seventeen Thousand Five Hundred
<br />Dollars
<br />(U.S. $ 117,500,00 )plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not later than August 1, 2039
<br />(Cx) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property."
<br />(fi) "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 />(I) "Ridars" means all Riders to this Security Instrument that are executed by Borrower. The following
<br />Riders are to be executed by Borrower Icheck box as applicable]:
<br />[] AdJustable Rate Rider ^ Condominium Rider [] Second Home Rider
<br />[~ Balloon Rider ~ Planned Unit Development Rider [] 1-4 Family Rider
<br />VA Rider [] Biweekly Payment Rider [] Other(s) (specify]
<br />Other(s):
<br />(J) "Applicable Law" menus all controlling applicable federal, state and focal statutes, regulations,
<br />ordinances and administrative rules and orders (that have the effect of law) as well as ail applicable Final,
<br />non-appealable ,]udicial opirdons.
<br />(K) "Commpxtity Association Dues. Foes, and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed an Borrower or the Property by a condominium association, homeowners
<br />assatxation or similar organization.
<br />(L) "Blectronic Funds Transfxr" means any transfer of funds, other than a transaction originated by
<br />cheek, 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-vf--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 />([~ "Miscellaneous Proceeds" means any compensation, settlement, award of damages, ar 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 part of the
<br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, yr omissions as to, the
<br />value and/or condition of the Property.
<br />(O) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, tar default on,
<br />the Loan.
<br />001120694230 [001120699230]
<br />RASKA -Single Family - Fannie Mae(Freddie Mac UNIFORM IN5TRUMBJT WITH MIRS~,~
<br />-BA{Nq (as~rn Page ? oT 1 fi imuais~.~ Forth 3])28 110 t
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