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(C) "Lender "iS FIRST FRANKLIN PINANCIAL CORPORATION 200304209
<br />Lender is a Corporation
<br />organized and existing under die laws of Delaware
<br />Leader's address is 2150 North First St.,
<br />San Jose, CA 95131 ''II
<br />Lender is the beneficiary under this Security Instrument. teou S ). bait i Ono. n o. a, L&,,
<br />(D) "Trustee" is
<br />(E) "Note" means the promissory note signed by Borrower and dated April 4, 2003
<br />The Note states that Borrower owes Lender
<br />FIFTY NINE THOUSAND FIVE HUNDRED & 00 /100 Dollars
<br />(U.S. $ 59, 500.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not later than May First, 2033
<br />(F) "Property" means die property dot is described below under the heading "Transfer of Rights in the
<br />Property."
<br />(C) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges
<br />due Under the Note, and all soma due under this Security Instrument, plus interest.
<br />(H) "Riders" means all Riders to this Security instrument that are executed by Borrower. The following
<br />Riders are to be executed by Borrower (check box as applicable]:
<br />© Adjustable Rate Rider Ell Condominium Rider 0 Second Home Rider
<br />F-1 Balloon Rider E::] Planned Unit Development Rider ® 1 -4 Family Rider
<br />Ll VA Rider Biweekly Payment Rider ® Other(5) [specify]
<br />Prepayment Rider
<br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rules and orders (drat have the effect of law) as well as all applicable final,
<br />non- appealable judicial opinions.
<br />(J) "Community Association Do", Fees, and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed on Borrower or the Property by a condominium association, homeowners
<br />association or similar organiwtion.
<br />(!n "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by
<br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic
<br />instrument, computer, or magnetic tope so as to order, instruct, or authorize a financial institution to debit
<br />or credit an account. Such tern includes, but is not limited m, point -of -sale transfers, automated teller
<br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse
<br />transfers.
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid
<br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for. (i)
<br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the
<br />Property; (ih) conveyance in lieu of condenuo tion; or (iv) nnisiepresentations of, or omissions as to, the
<br />value and/or condition of the Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on,
<br />the Loan.
<br />IYTTI
<br />i "ItIA, _ .
<br />4M.6(NE) moos Pte= a, US From 3028 1101
<br />DOC1116ent It L075NE
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