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200600025
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Last modified
1/3/2006 4:00:19 PM
Creation date
1/3/2006 4:00:17 PM
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DEEDS
Inst Number
200600025
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<br />200600025 <br /> <br />(e) "Lender" is Accredi ted Home Lenders. I nc. <br />A California Corporation <br />Lender is a Corporation <br />organized and existing \1IlClcr the laws of the State of Cali forni Cl <br />Lender'!lllddrcss is 15090 Avenue of Science <br />San Diego. CA 92128 <br />(D) "Trustee" is SECURITY FIRST TITLE <br /> <br />(E) "MERS" is Mortgage Electronic RegistraIion Systr:rM. 1nc. MERS 1(:1 a separate corporation that is <br />acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the ~eticlary <br />under this Security Instrumcot. MERS is organized. and existing under the laws of Delaware, and has an <br />ac:idrem: and (clcpbone number of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679~MERS. <br />(F) "Note" means the pmmi::oory note si.gned by Borrowet 11m;!. daic:d December 15. 2005 <br />The Note st.il1tS that Borrower owes Lender ei ght,y" fi ve thousand fi ve hundred and <br />00/100 Dollars <br />(U.S. $ 85.500 _ 00 ) plu.'l intefeS1:. Borrower hBs promised to pay this debt in Tegular Periodic <br />Paym<.'I\B and to pay the dcllt in full not latet than January 1. 2036 <br />(G) "Property" means the propetty Ihat is described below under the heading "Transfer of Rights in the <br />Property. · <br />(H) "Loan" means the debt evidenced by the Note. plus interest, auy prr:payment charge!': and late charges <br />due under the Note, and all swns d1.le 1,lIlder this Security Instrument, plus intere.'lt. <br />(I) "Riders" means all Riders to this Security Instrument tlul1arc executed by Borrower. The following <br />Riders a.T~ Lo be executed by Borrower [check box as applicable]: <br /> <br />[XJ Adjustable R.ate Rider D Condominium Rider D Second Home R.ider <br />o Balloon Rider 0 Planned Unit Development Rider Cll-4 Family RidClI' <br />D V A Rider 0 Biweekly Payment Rjder D Otber(s) (specify] <br /> <br />(J) "Applicable Law" means all controlling applicable federal, state and local statute!::, regulations, <br />ordinllIK:e!': find administrative rules and oTdL'TI'I (that have me effect of law) a!:I well as all applicable final, <br />non-appealable judici.a1 opinions. <br />(l\) "Community A:~..'fiOciation Dues, Fees, and ~ents" means 1Il1 dues, fees, a......~ and olhct <br />charges lhat are imposed on Borrower OT the Property by a condominhut1 association, homeowners <br />3.<t..wation or similar organization. <br />(L) "Elt!d:roDic FUlIds 'transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or similar p;tper instrument, which is initiated through an elect Tonie terminal, telephonic <br />instrwnen.t, compmer, or magnetic tape so as to order. instruct, or authorize a fmanoal i1'lStitution to (lcbit <br />OT credit an account. Such term inch,ldes, but is not limHcd to, point-of-wc transfers, lIlltOmated teller <br />machine ttansactions, t.ransfers initiated by telephoIle. wire transfers. and automated clearinghouse <br />transfers. <br />(M) "Fscrow Items" means those items thaI are described in Section 3. <br />(N) "Mhicellaneous Proceeds" means any compc:nsarion, settlement, award of dmnages, or pTocecds paid <br />by any third party (other than insu......mce proceed.s paid under the coverages described in Section 5) fOT: (i) <br />daml;lge to, or destruclion of, the Property; (il) condemnation or other taking of all OT any pan of the <br />Property; (ill) conveyance in lieu of coIldernnation; or (iv) rnisn:prcsentations of, or omissions as to, the <br />value and/or condition of the Propct1:y. <br />(0) ''Mortg~e Inilurancc" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. () .D 1:\ <br />f<.P- 0512096854 <br />'''Ulal." R 1;; <br /> <br />G-6AINEI {O~,071 <br />~ <br /> <br />"Ogo 2 of 15 <br /> <br />FOI'm 3028 1/01 <br /> <br />E:E:O"d <br /> <br />fOE:fE:E:Z9f8 <br /> <br />31lIl lSHIj XlIHfiJ3S <br /> <br />LE::8f 900Z-9f-J3Q <br />
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