420 LAUREL DR 2018-01-02 MF Import

200304210985.002 Lender is a CORPORATION organized and existing under the laws of "The State of Calif rnia"MOINE, IA 50306 Lender's address is P.O. BOX 5137 1 DES Lender is the beneficiary under this Security Instrument, (D) "'trustee" is H and L Services, Inc- (E) "Note" meant the promissory note signed by Borrower and dated April 9th, 2003 The Note states that Borrower owes Lender Eight Hundred Eighty Seven Thousand Dollars Hundred and no/100 (U.S. $ 897,200.00 ) plus interest. Borrower has pmrnised to pay this debt in regular Periodic 33 Payments and to pay the debt in full not atl lais ter described loway sundert. 0the heading "Transfer of Rights iit the (F) ,property" roans die property Property." plus interest, an re a men[ charges and late charges (G) "Loan" means die debt evidenced by the Note, p y P p' Y due under the Note, and all sutras due under this Security Instrument, plus interest. (©) "Riders" meals all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower (check box as applicable]: [] Second Home Rider ❑ Adjustable RRider 0 Condominium Rider 0 1-4 Family Rider 0 Baalloon loon Riderr ❑Planned Unit Development Rider ❑ other(s) (specityJ El VA Rider ❑ Biweekly Payment Rider (f) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative istrative rules and orders (that have the effect of law) as well as all applicable final, non•appealable judicial opinions. (d) "Community Association Dues, Fees, and Assessments" Ineans all dues, fees, assessments and otter charges that are imposNd on Borrower or the ptoperty by a condominium association, homeowners association or similar organization- (K) "Electronic Funds Transfer" means any transfer of funds, otter than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point -of -sale transfers• automated roller machine transactions, transfers "dated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (hl7 „Nllscellaueous Proceeds" means any compensation, settd under lement, award es damages, Section proceeds paid by any third party (Other than insurance proceeds Pondermnationeo rother etaki Brof alibed l oranypant of tlne damage to, or destruction of, the Property; ( ) Property; (iu) conveyance in lieu of condemnation; or (iv) mismpresenmtions of, or omissions as to, tic value and/or condition of the Property. (N) "Mortgage insurance" means insurance protecting Lender against the nonpayment of, or default on, die Loan. O)te "Periodic an" a net" meaTu ms undedien gut rlof this Securiled ty Lunt due for (i) principal and interest under the page 2 or 15 Initialer Form 3r`4n 1101 ®®8(WAI (0012)