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200411991
<br />DOC ID #; 0008534127711004
<br />(D) "Trams" is
<br />FIDELITY NATIONAL TITLE INSURANCE CO
<br />15661 REDNILL AVE #200, TUSTIN, CA 92780
<br />(E) "MRS" is Mortgage Electronic Registration Systems, Inc. MFRS is a separate corporation Mat to acting
<br />solely as a nominee for Lender and Lender's suoosssors and assigns. MFRS L the beudiclary trader this
<br />Seeatity ltratrtrmeut. MFRS is orgenind and existing under the laws of Delaware, and has an address and
<br />telephone number of P.O. Box 2026, Flint, MI 48501 -2026, tol. (888) 679 -MFRS.
<br />(F) "Nate" means the promissory note signed by Borrower and dated NOVEMBER 23, 2004 The
<br />Note states that Borrower owes Lender
<br />TWO RUMORED SRVENTEBtt THOUSAND FIVE HUNDRED and 00 /100
<br />Dollars (U.S. $ 217, 500.00 ) plus interest. Borrower has promised to pay this debt in regular
<br />Periodic Payments and to pay the debt in fail not later than DECXMM 01, 2034
<br />(G) "Property" means the property that is described below under the heading "7lamtbr of Rights in the
<br />Property"
<br />(H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges
<br />due under the Nate, sad all same due under this Security Jnstcmnenk plus interest.
<br />(1) " Riders" meads all Riders to tats Security Instrument that are executed by Borrower. The following
<br />Riders ere to be executed by Borrower Icheek box as applicable):
<br />Adjustable Rate Rider condominium Ruler F1 Second Home Rider
<br />Balloon Rider Planned Unit Development Rider a I-4 Family Rider
<br />❑ VA Rider P Biwaekly Payment Rider ® Othar(s) [%)so*)
<br />(.n "Applicable Law" means all controlling applicable federal, state and local statrmes, regulations,
<br />ordinances and admialstretive rules and orders (that beve the effee* of law) as well as all applicable final,
<br />non- eppeekbIc judicial opinions.
<br />(K) "Commnaity Association Dses, Fees, and Aaae nwetrh" means all dues, fees, assessments and other
<br />charges that am imposed on Bamwer or the Property by a condominium association, homeowners association
<br />or similar orgarizatlon.
<br />(L) "Vectronie Facia Transfer"' means any transfer of funds, other than a transaction originated by check,
<br />draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument,
<br />computer, or magnetic tape so as to order, instruct, or authorize a ficancial institution to debit or credit an
<br />account. Such tame includes, but is not limited to, point 0401de trnsiaM automated teller machine
<br />Mmuctions, tramthrs initiated by telephone, wire tramafera, and automated clearinghouse transfers.
<br />(M) "Escrow Items" means those items that are described in Section 3.
<br />(N) "Miseeflaueous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by
<br />any third party (other than insurance proceeds paid under the coverages described in Section 5) for: 0) damage
<br />to, or destruction of, the Property; (ii) couderrmation or other taking of all or any part of the Property; (iii)
<br />coaveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value andfor
<br />condition of the Property.
<br />(0) "Mortgage lmoraace" mean insurance protecting Leader against the nonpayment of, or Wink on, the
<br />Loan.
<br />(P) "Perledfc Payment" means the regularly soaedaled anoint due for n principal and interest under the
<br />Note, plus (i) any amounts under Section 3 of this Security Imstrvmam.
<br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 ct seq.) and its
<br />implementing regulation, Regulation X (24 C.F.R. Part 3500), ea they might be amended from time to time, or
<br />any additional or successor legislation or regulation that governs the as= subject matter. As used in this
<br />Security 1neRUment, MUM" refers to all requirements and restrictions that are imposed in regard to a
<br />"federally related mortgage loan" even if the Iran does not qualify as a "federally related mortgage loan"
<br />under RESPA.
<br />(R) "Successor to Interest of Borrower" mesas any party that her tam title to the Property, whether or not
<br />that party has assumed Borrower's obligations under the Note and/or this Security Instrmnent.
<br />TRANSFER OF RIGHTS IN THE PROPERTY
<br />The baaef2iciary of this Security Instrument is MFRS (solely as nominee ins, Lender and Lender's successors
<br />and assigns) and *a successors and assigns of MGRS. This Security Instrument secures to Lender. (i) the
<br />repayment of the Loan, and all reawwals, extensions and modit)cations ofthe Note; and (ii) the par6mrnaca of
<br />Borrower's covenaate and agreements under this Security Instrument and the Note. For this purpose, Borrower
<br />irrevocably grants and conveys to Trustee, in rust, with power of sale, the following described property
<br />located in the
<br />COUNTY of Hui.
<br />[Type of Recording Juiadclool [Nave orReeorans lurWadoo)
<br />>
<br />4Wkw 8)(OOO M CM (M101) Pop 2 o 11 90128 1
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