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<br />200512472 <br /> <br />(C) "Lender" is Aames Funding Corporation DBA Aames Home Loan <br /> <br />Lendcrisa Corporation <br />organized and existing under the laws of The State of California <br />Lender's address is 350 South Grand Avenue, 42nd Floor, Los Angeles, CA <br />90071 <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Walter L Griffiths, Esq <br /> <br />(E) "Note" means the promissory note signed by Borrower and dated December 15, 2005 <br />The Note states that Borrowcr owes Lender One Hundred Twenty Four Thousand Nine <br />Hundred Fifty and NO/100 Dollars <br />(U.S. $124,950.00 ) plus interest Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than January 1, 2016 <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property. " <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br />due under the Note, and all sums due under this Security Instrument, plus intcrest. <br />(H) "Riders" means all Ridcrs to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br /> <br />D Adjustable Rate Rider <br />D Balloon Rider <br />D VA Rider <br /> <br />D Condominium Rider <br />D Planned Unit Development Rider <br />D Biweekly Payment Rider <br /> <br />D Second Home Rider <br />D 1-4 Family Rider <br />D Other(s) [specify] <br /> <br />(I) "Applicable Law" 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 />(J) "Community Association Dues, 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 organization. <br />(K) "Electronic Funds 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 financial institution to debit or credit an <br />account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine <br />transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse 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 by <br />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 Property; <br />(Hi) conveyance in lieu of condemnation or (iv) misrepresentations of, or omissions as to, the value and/or <br />condition of the Property. <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />Loan. <br /> <br />.-6(NE) (0005) <br />@ <br /> <br />Page 2 of 15 <br /> <br />Initials:-1!;JJJJ <br /> <br /> <br />~ft <br /> <br />Form 3028 1/01 <br /> <br />DOC #:317602 <br /> <br />APPL #:0005802269 <br />