|
2oioo22o3
<br />(C) "L~d~" is CitiMortgaga, Inc.
<br />Lender is a Corporation
<br />organized and existing under the laws of New York
<br />Lender's address is 1000 Technology Drive, O' Fallon, MO 6336&Z240
<br />itD) "Trustee" is First Atnarican Title Company
<br />i(E) "MBRS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is
<br />acting solely as a nominee for Lender and Lender's successors and assigns. MER$ is the beneficiary
<br />under this Security Instrument. MERS 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 March 19, 2010
<br />The Note states that Borrower owes Lender One Hundred Nmety Nme Thousand Five Hundred
<br />Dollars
<br />(U.S. $ 199,500.00 )plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not Iater than April 1, 2029
<br />((~) "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) "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 [] Condominium Rider 0 Second Home Rider
<br />[] Balloon Rider ~ Planued Unit Development Rider. [~ 1-4 Family Rider
<br />0 VA Rider Biweekly Payment Rider X Other(s) [specify]
<br />Schedule "A"
<br />(J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final,
<br />non-appealable judicial opinions.
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed on Borrower or the Property by a condominium association, homeowners
<br />association or similar organization.
<br />(L) "Eledronic Funds 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, paint-of--sale transfers, automated teller
<br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse
<br />transfers.
<br />(M) "Barrow Items" means those items that are described in Section 3.
<br />~ "Miscellaneous Procaods" 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 part 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 />(O) "Mart~ge Insurance" means insurance protecting Lender against the nonpayment of, or default on,
<br />the Loan.
<br />001121144035 [001121144035]
<br />N®RASICA -Single Family - Fannie MadFroddle Mac UNIFORM INSTRUM[3HT WI
<br />~~A(Nq cna,ai Page 2 of 15 m~t~a~ Forth 8028 1/01
<br />
|