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<br />(D} "Trustee" is II. S. 8ANlt TRIIST, NATIONAL ASSOCIATION.
<br />(E) "MERS" is Mortgage Electronic Registration Systems, Tnc. MERS is a separate corporation that is acting solely as a
<br />no�inee for Lender and Lender's successors and assigns. MERS is the beneflciary nnder this Security Instrnmen�. MERS
<br />is orgaiuzed and existing under the laws of Delaware, and has an address and telephone number of P.O. Box 2026, Flint, MI
<br />48501-2026, tel. (888) 679-MERS.
<br />(Fj "Note" means the promissory note signed. by Bonower and tiated APxIL 20 zaii The Note staxes that Bonower
<br />owes Lender ONE IiIINDRBD THIRTY THOUSAND FORTY-EIGBT AND 00/100 Dollars (LT.S. $130, 048. 00) plus
<br />interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than �►Y 1,
<br />2041.
<br />(G) "Property'f ineans the property that is described below under�the heading "Transfer of Rights in the Property."
<br />(I� "Loan" means the debt evidenc.ed by the Note, plus interest, any prepayment chazges and Iate charges due under the Note,
<br />and all sums due under this Security Instrument, plus interest.
<br />(n "Riders" means all Riders to this Security In.strument that are executed by Bonower. The following R.iders are to be
<br />executed by Borrower [check box as applicableJ: �
<br />� Adjustable Rate Rider
<br />O Balloan Atider
<br />❑ 1-4 Family Rider
<br />� VA Itider .
<br />O Condominium Rider O Second Home Rider
<br />� Planned Unit Development Rider � Biweekly Payment Rider
<br />� Other(s) [specifY] gIFA Form E-2
<br />(J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />admimistrative zules and orders (that have tlae effect of law) as well as all applicable final, non-appealable judicial opinions.
<br />(� "Commnmity Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges tlaat are
<br />imgosed on Bonower or the Property by a condominium association, homeowners association or similar organ.ization.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated b.y check, draft, or similar
<br />paper instavment, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to
<br />order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-
<br />of-sale transfers, automated teller machine transacrions, transfers initiated by telephone, wire transfers, and automated
<br />clearinghouse transfers.
<br />(Nn "Escrovv Items means those items that are described in Section 3.
<br />(1� "Miscellaneons Proceeds" means auy compensation, settlement, award of damages, or proceeds paid by any third pazty
<br />(other than insurance proceeds paid under the coverages described in Section 5) for: (i) da.mage to, or destruction of, the
<br />Property; (ii) condemnarion or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv)
<br />misrepresenta.tions o� or omissions as to, the value and/or condition of the Property.
<br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment o� or default on, the Loan.
<br />(P) "Periodic Paymen#" means the regularly scheduled a�maunt due for (i) principal and interest under the Note, plus (ii) any
<br />amounts under Secnon 3 of this Security Instrumen� ,
<br />(Q) "RESPA means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing regulation,
<br />Regulation X(24 C.F.R. Part 3500), as tl�ey might be amended from ti�me to time, or any additional or successor legislation or
<br />regulation that governs the same subject matter. As�used in this Security Tnstrument, "RESPA" refers to all requirements and
<br />restricrions that are imposed in regard to a"federally related mortgage Ioan" even if the Loan does not qualify as a"federally
<br />related mortgage loan" under RESPA.
<br />{R) "Successor in Interest of Barrower" means any party that has taken title ta tlie Property, whether or not that party has
<br />assumed Borrower's obligations under the Note and/or this Security Instrumen� �
<br />TR.ANSFER OF RiGHTS IN THE PROPERTY
<br />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and
<br />the successors and assigns of MERS. This Security Instrument secures to.Lender: (i) the repayment of the Loan, and all
<br />1�EBItASKA—Single Family—Fannfe Mae/Freddie Mac iJNIFORM INSTRUMENT
<br />Modified far VA
<br />�? 338.2 Page 2 of 12 Form 30281/Ol
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