Laserfiche WebLink
2o�1os5o� <br />(C) '7,ender" is MORTGAGE RESEARCH CENTER, LLC DBA <br />VAMORTGAGECENTER.CQM <br />Lender is a MISSOURr CORPORATION organized <br />and existing under the laws of M I S S OUR I <br />Lender's address is 2101 CHAPEL PLAZA COURT, SUITE 107, COLUM$IA, <br />MISSOURT 65203 <br />(D) 'Trustee" is CHICAGO TITLE INSURI�NCE COMPANY <br />(E) "MER5" is Mortgage Electronic Registration Systems, Inc. MERS is a sepazate corporation that is acting <br />solely as a nominee for Lender and Lender' s successors and assigns. MERS is the beneficiary under this Seeurity <br />Instrument. MERS is organized and existing under the laws of Delaware, and has an address and telephone number <br />af P.O. Box 2026, Flint, MI 4$501-2026, tel. (888) 679-MERS. <br />(� '�Vote" means the promissory note signed by Borrower and dated NOVEMBER 10 , 2 011 <br />The Note states that Borrower owes Lender ONE HLTNDRED NINETY- SIX THOUSAND SEVEN <br />HUNDRED EIGHTY-SIX AND Op/100 Doliars (U.S. $ 196, 786. QO ) <br />plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in fu11 not <br />Iater than DECEMBER 1, 2 041 , <br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property," <br />(T� "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under <br />the Note, and all sums due under this Security Instrument, plus interest. <br />(n 'Riders" means all Riders to this Security Instrument that are executed by Barrower. The following Riders are <br />to be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider <br />� Balloon Rider <br />� 1-4 Family Rider <br />� Condominium Rider <br />[] Planned Unit Development Rider <br />[] Biweekly Payment Rider <br />[] Second Home Rider <br />� Other{s) [specify] <br />VA Assumptian Policy Rider <br />(J} "Appticable Law" means atl controtling applicable federal, state and Iocal statutes, regulations, ordinances and <br />administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial <br />opinions. <br />(I� "Community Association Dues, Fees, and Assessments" means al[ dues, fees, assessments and other charges <br />that are imposed on Borrower or the Property by a condominium association, homeowners assaciation or sirnilaz <br />organization. <br />(L) "Eleetronic Funds Transfer" mear�s any transfer of funds, other than a transaction ariginated by check, draft, <br />or similar paper instrument, which is initiated through an electronic terminal, tel�phonic instrument, cornputer, or <br />magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term <br />inciudes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by <br />telephone, wire transfers, and automated clearinghouse transfers. <br />(M} '�scrow Items" means those items that are described in Section 3. <br />(N) '7VIiscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any <br />third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or <br />destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in <br />lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. <br />{lZev. 1l01) <br />M INSTRUMENT <br />VETERANS AFFAIRS - MERS <br />Page 2 of 14 <br />DocMsg/c � <br />ww►v.docmagic.com <br />'��� <br />�� <br />