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200206926
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200206926
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Last modified
10/15/2011 1:11:19 AM
Creation date
10/22/2005 8:57:59 PM
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DEEDS
Inst Number
200206926
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200206926 <br />(C) "Lender" is WELLS FARGO BANK NEBRASKA, NATIONAL ASSOCIATION. <br />I coder in a NATIONAL ASSOCIATION <br />organized and existing under the laws of <br />THE UNITED STATES OF AMERCA, <br />Lenders address is 3404 W 13th St. Grand Island. NC 68803. <br />Lender is the beneficiary, under this Security Instrument <br />(D) "Trustee" is WELLS FARM BANK NEBRASKA, NATIONAL ASSOCIA'I ION <br />(N) "Vote" means the promissory note signed by Borrower and dared June 13, 2002. The Note states that <br />Announcer owes Lender "1HIRIY THOUSAND SEVEN HUNDRED and 00,'100 Dollars (US. $30,700.00) <br />plus interest Borrower has promised to pay this debt in regular Periodic Payments and to pay tlse debt in Fall <br />not later than June 22,2017. This Security Instrument sceums150% ofthe amount of the Note. <br />(F) "Property" means the property, that is described below under the heading "Transfer of Rights to the <br />Property ." <br />(G) "Loan" means the debt evidenced by the Note, flues interest, any prepayment charges and late charges due <br />under the Note, mtd all urns due under this Security Instrument, plus interest <br />(IT) "Riders" means all riders to this Security Instrument that are executed by Borrower The following radars <br />are in be executed by Burrower [check box as applicablel: <br />p Adjustable Rate Rider p Condominium Rider p Second Home Rider <br />0 Balloon Rider p Planned Unit Development Rider 14 Family Rider <br />p VA Rider p Biweekly Payment Rider p Others) [specify) <br />(f) "Applicable Law" means all controlling applicable federal, sate and local statutes, regulations, ordinances <br />and administrative rules and orders (that have the wheat of law) as well as all applicable final, non appealable <br />judicial opinions. <br />(.f) "Community Association Dues, Fees and Assessments" means all dues, fees, assessments and other <br />charges (hot are imposed on Borrower or the Property by a condominium association, homeowners association <br />or similar organization <br />(KJ"Eleetronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, <br />draft, or ennilar paper instrument, which is initiated through an electronic terminal. telephonic instrument, <br />computer, or magnetic tape so ae to order, instruct, o authorize a financial inaimfion to deli[ n credit a <br />mil. Such Farm includes, but is not limited m, poinoof.alc transfers, automated tellermachlne transactions, <br />nansfers initiated by telephone, wire transfers, and automated clearinghouse transfers. <br />(L) "Escrow Items" means Nose items that arc described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement. award of damages or procecde paid by <br />any third party (other than insurance proceeds paid occur Ne coverages described in Section 5) foe It) damage <br />to, or destruction of, the Property, (it) condemnation or other taking of all or any pan of the Property. (iii) <br />core avarice In lieu of condemnation, or (iv) misrepresentations of, or omissions as to, the value and/or condition <br />of the Property. <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />I oar. <br />(0) "Periodic Payment" means me regularly scheduled amount due for (I principal and interest under tlse <br />Note, plus (it) any amounts under Section 3 of this Security Instalment. <br />Iniriele. _ <br />CA <br />(2C6bO o Paget at 15 Penn 30281!01 <br />
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