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<br />(C) "I.,ea�,dac" is �'reedom Martgage Corporation
<br />Lender is a Corporation
<br />Orgsnized 8rid e7dsting under the laws of The S�ate of A2ew Jersey •
<br />Lender's address is 907 Fleasant Valley Av Ste 3, Mount Laurel, NJ' 08054
<br />(D) "Txustap" is national title insurance of new york, inc
<br />(�3) "MERS" is Mortgage Eleclrnnic Reg�.stradon Systems, Inc. MERS is a separate carporatlon that is
<br />acting salely as a nominee for Lender and I.ender's successors and assigns. M8R8 is tha beateSc�eary
<br />uxtder this 8ecurity Instrum�t. MERS is organized arad exlsHng under the laws of Delaware, and has an
<br />address and telephone m�mber of P.O. Box 2026, Flint, MI 48501-2Q26, tel. (888) 679-MER5.
<br />(F) "Note" means the promissory note sfgmed by Borrower and dated october 15, 2010 .
<br />The Note states that Borrower awes LenderSixty Eight Thousand Eight Hundred Sixty
<br />�'our and 00/100 Daua�'s
<br />(U.S. � 68, 86A . 00 ) plus interest. Borrnwer has prnmised to pay this de6t in re�ular P�riodic
<br />Payments and to pay the debt in full not later Wan Novembe� 1, 2040 •
<br />((�) "Propea�ty" means the properry that is descrtbed below u»der the heading "Transfer af Righis i,n the
<br />Property."
<br />(H) "Loan" means the debt evidenced by the LVote, plus interest, any prepayment charges and late charges
<br />due under the Note, and all sums due under this Securlty InsWna�ent, plus interesi.
<br />(I) "Riders" means all Riders to this Security Instrument that are executed by Borrpwer. The following
<br />Riders are to be executed by Borrawer [check box as appl�cable] :
<br />� Adjustable Rate Rider � Cnndominium Rider Sec:ond Home Rider
<br />Balloon Rider Planned Unit Development Rider 1-4 Family Rider
<br />� VA Rider [] Biweelcly Payment Rider Other(s) [specify]
<br />(J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulatiorns,
<br />ordinances and administrative rules and orders (that have tl�e effect of law) as well as all applicable flnal,
<br />non-appeala6le judicial apinions.
<br />(K) "Commut�ity Aseociatiau Duea, Feea, and Asseeemanta" means all dues, fces, assessments and other
<br />chaarges tl�at are impased on Borrowec or the Property by a condominium assodaHon, homeowners
<br />ax�ncistinn vr similar arganizaGtnn.
<br />(L) "Elaotraaiic Funde Trsnafer" m�ns any transfer of funds, other than a txansaction orlginated by
<br />c6eck, draft, or similar paper instrnment, wbdch is Wtiated throug6 an elec�onie terminal, telephonic
<br />inslrument, carnputer. nr magnedc tape so as ro order, instruct, ar authorize a 8nancial institutIon to debit
<br />or credlt an account. Such term includes, but is nnt limited to, pofnt-af-sale transfers, aummated teller
<br />machina transacttpns, transfers initigted by telephone, wire transfers, and automated clearinghouse
<br />transfers.
<br />(� "Escarow It�ne" means those items that are described in Sectian 3.
<br />(i� "Miscxllanaoua Proceeda" meaas any cnmpensation, settlement, award nf damages, or proceeds paid
<br />by suy third party (other than iqsurance proceeds paid under the coverages described in Section 5) far: (i)
<br />damage to, pr destructlon of, the Pmperty; (ii) condemnation ar other taking of all or any park of the
<br />Property; (lli) conveyaace in lieu oF condemnadan; or (iv) m9srepresentadans of, or om�issians as to, the
<br />value aud/or condition of the Pcoperty.
<br />(0) "Martga�e Insurance" means insurance protectir�g Lender against the nonpayment of, or default an,
<br />the Loan.
<br />�ros5zzz� 0084135888
<br />NF�P►�(A - 5ingle FemCly - F�nnls M�s/Froddls M�c UNIFOFiM INS'fF�1MB�IT WIT�
<br />��/1� (087� P� 2 ef 7S Inkl�la: �Of117 8028 �/09
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