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(C) "Lender" is _
<br />HERITAGE MORTGAGE CORPORATION 200206074.
<br />Lender is a AN OREGON CORPORATION
<br />organized and existing under the laws efOREGON
<br />Lender's address is 6000 SOUTHWEST MEADOWS ROAD, SUITE 500
<br />LAKE OSWEGO. OR 97035
<br />(D) "Trustee" is
<br />1¢ Y Gary D. Byrne, a member of the Nebraska Bar Association
<br />(E) "MER,S" is Mortgage Electronic Registration Systems, Inc. MFRS is a separate corporation that is
<br />acting solely as a nominee for Lender and Lender's successors and assigms. MERS is the beneficiary
<br />under this Security Instrument. MERS is organized and existing underthe laws of Delaware, and has an
<br />address and tulephoue number of P.O. Box 2026, Flint, MI 48501 -2026, tel. (888) 679 -MERS.
<br />(F) "Note" means the promissory note signed by Borrowerand dated MAY 29, 2002
<br />The Note slates that Borrower owes Lender
<br />One Hundred Three Thousand Seven Hundred & 00 /100 Dollars
<br />(U.S. $ 103,700. 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not later thaie]UNE 01, 2032
<br />(G) "Property" memis the property that is described below under the heading "Transfer of Rights in the
<br />Property.'
<br />(I) "Loan" means the debt evidenced by the Note, plus interest, any prepaymentcharges and late chargos
<br />due under the Note, and all suers due under this Security Instrument, plus interest.
<br />(1) "Riders" means all Riders to this Security Instrument that are executed by Borrower. Thu following
<br />Riders are to be executed by Borrower [check box as applicable]:
<br />® Adjustable Rate Rider Condominium Rider El Second Home Rider
<br />Bull oun Rider Planned Unit Development Ride 11 -4 Family Rider
<br />0 VA Rider 0 Biweekly Puyment Rider 0 Othcr(s) [specify]
<br />(,) "Applicable f.aw" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final,
<br />non - appealable judicial opinions.
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, foes, assessments and other
<br />charges that are imposed on Borrower or the Property by a condominium association, homeowners
<br />association or similar organization.
<br />(L) "Electronic Fonds Transfer" means any transfer of funds, other than a transaction originated by
<br />check, draft, or similar paper instramcm, which is initiated through air electronic terminal, telephonic
<br />instrument, computer, or mag ictictape so as to order, instruct, or authorizea financial institution to debit
<br />or credit an account. Such form includes, but is not limited to, point -of -sale transfers, aWUmatu lteller
<br />machine transactions, transfers initiated by tuluplo ne, wire transfers, and automated clearinghouse
<br />transfers.
<br />(M) "Escrow Items" means l hose items that are described in Section 3.
<br />(N) "Miscellaneous Proceeds" means any compensatiuq 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; (iii) conveyance in lieu of condemnation; or (iv) misrepresentationsof, or omissions as to, the
<br />value and /or condition of the Property.
<br />(0) "Mortgage Insurance" means insurance Prot crimp Lender against the nonpayment of, or default on,
<br />the Luau. , /
<br />- 6A(NE) moot) PM, 2 "ns Form 3028 1/01
<br />oos rvrr
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