|
201009078
<br />(c) „ i,ea,de��� is wsr,r.s �nr�ao s�, x.�,.
<br />Le�der is a �►r=oi�w �,ssocu�xox
<br />organized and existing under the laws of ��� ST�►TSS
<br />L,ender's addxees is p•o. SOS 1,7.701 �RY� NJ G71Q14701
<br />L.ender is tbe bcneficiary under this Security Instrument.
<br />(�) �'T��" lg �P8LL8 �ARf30 FT�i7►NCIl1,L �ATL SNiC
<br />C�O SP$'C. l3�.V. � 80 808 31557'r BILLIN(�S� �0.'1' 59107 .
<br />(� "Note" means the promissory note signed by Borrower and dated NO�T�SR 30. 2010 .
<br />The Natc stat�s that Bormwer owes I,c�der FOR'TY $TG�'� TsoIIBAND NYNN� SIINDR.�D F��BN
<br />1�D 00/10o Dollars
<br />(U. S. $*�r *�* 4 8 r 915 . 0 0 ) plus interest Bormwer has promised to pay this debt ia� regular Periodic
<br />Paymeiats and to pay the debt in fiall tx�t IaCer tl�an DBCSl��R O 1. � 04 0 .
<br />(I� "Praperty" means the property that i�s d�cribed below undet the heading "Transfer of Rights in the
<br />� �
<br />(G) "I.oau" meat�s the debt evide,t�c:ed by the Note, plus interest, any prepaynnent charges and lats charges
<br />due under tbe Note, and all suma due under this Sec�trity Inst�vment, plus interest.
<br />(� "Rid�s" u�eans all Rid�rs to this SeCUrity Instru�nt that are executed by Borrower. The following
<br />Riders are w be e�c� by Borrov�r [check hox as applicable]:
<br />� Adjustable Rate Ri�r ❑ Condaminiwn R.idcx' ❑ Second Home Rider
<br />0 Ballam Rider � Planned Unit Development Rider � 1� Family Rider
<br />❑ va Riaer � Bia►eewy Payme�c xiacr � chhercg) [�cifyl
<br />(n "Appl3table Y.uw" means all controlling applicable fedcral, state aud lo�al statutes, r�gulatio�s,
<br />ordinanc�s an�d adminisCrative rules and orders (that have the effect of law) as well as all applicablc finai,
<br />non-appealable judicial opinions.
<br />(� "Community Assodatlon Dues, Fees, and As�a�r�tt8" means all dues, fces, �ts and other
<br />cbarges that are impased on Bormwer ar the Property by a condominium associiaCion, hvmeowners
<br />associadan or �imilaz organizmpion.
<br />(� "Elec�onic �d� Trau4vEe�" means any transfer of funds, othar than a transaction originated by
<br />chack, dzatt, or simi]ar paper inst�m�ent, which is initiated through an ele�tronic terminal, telephonic
<br />insWment, �mputer, or �tic tape so ss to arder, instruct, or authorize a financ"�al ianstitudon W debit
<br />or credit an account. Such tetm inclt�s, but is not limited W, poitmt-af-sale transfers, automiated teller
<br />machi�c brans�tions, transfers initiated by telepho�ae, wire transPers, and autamat�d clearinghause
<br />transfers.
<br />(L) "F.scrow Ite�" ra�eans thoa� items t.hat are de�cribed in S�ctiom 3.
<br />(� ° �9C�11�In�Di1S P1�OCeCaB" 1111��115 flY1j� COIripC1188t1Ori. SC[[1CII�IIt� 8W� O� (18Iriit$8S, or proceads paid
<br />bY �Y � P�Y �other t�an insura�es proc�eds paid under the c�veragea dcscribed in Se�tion S) for: (i)
<br />damage to, or destruction of, thc Pro�rty; (ri) condemnation or ot�er tal�ing of all ar any part of the
<br />Property; (iii) oonveyancae in li� of aondemnation; or (iv) mis�+epreaeaatat�nns af, or omissions as to, the
<br />value and/ar oondidon of the Propeity.
<br />(1� "Morlgage In�urancc" m�eans i�urance pmte�ting L�nuder agxinst the noapayment of, or default on,
<br />the I.oan,
<br />MEBRASKA - Singla Femily - Fara�is Mus/FredNa N�c UNIFORpA INSTRUMEN'1'
<br />�$IN�) (081 t 1 Pape 2 ot 16 I •� Form 30Z$ 1/01
<br />'� r
<br />
|