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200607036 (C) "Lender" is Washi ngton Mutual Bank Lender is a federal association organized and existing under the laws of the Uni ted States Lender's address is 1400 South Dougl ass Road, Sui te 100. Anahei rn. CA 92806 Lender is the beneficiary under this Security Instrument. (D) "Trustee" is C. E. Heaney. Jr.. Nebraska State Bar Associ ate (E) "Note" means the promissory note signed by Borrower and dated August 4. 2006 The Note states that Borrower owes Lender Sixty Three Thousand Two Hundred and NollOO Dollars (U.S. $ 63,200.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than September 1, 2036 (F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property. " (G) "Loan" mearu; the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (II) "Riders" mearu; all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: W Adjustable Rate Rider D Condominium Rider D Second Home Rider o Balloon Rider D Planned Unit Development Rider D 1-4 Family Rider D V A Rider D Biweekly Payment Rider D Other(s) [specify] (I) "Applicable Law" mearu; all controlling applicable federal, state and local statutes, regulatioru;, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinioru;. (J) "Community Association Dues, Fees, and Assessments" mearu; all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a traru;action originated by check, draft, or similar paper irntrument, which is initiated through an electronic terminal, telephonic iru;trument, computer, or magnetic tape so as to order, iru;truct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine traru;actions, transfers initiated by telephone, wire transfers, and automated c1earingh(ffise transfers. (L) "Escrow Items" means those items that are described in Section 3. (l\1) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (Hi) conveyance in lieu of condemnation; or (iv) misrepresentatioru; of, or omissions as to, the value and/or condition of the Property. (N) "Mortgage Insurance" means insurance protecting Lender agairu;t the nonpayment of, or default on, the Loan. Page 2 of 1 5 ,o...,qrDl 0729380949 <IIt-6INEI (0407) Form 3028 1/01