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<br />200607811 <br /> <br />(C) "Lender" is Argent Mortgage Company. LLC <br /> <br />Lender is a Limited Liability Company <br />organized and existing under tbe laws of 0 e 1 a war e <br />Lender's address is 3 Park Pl aza . 10th Floor <br /> <br />Irvine. CA 92614 <br /> <br />Lender is tbe beneficiary under this Security Instrument. <br />(D) "Trustee" is Gary D Byrne, a member of the Nebraska State Bar Association <br /> <br />(E) "Note" means tbe promissory note signed by Borrower and datedAugust 30. 2006 <br />The Note states that Borrower owes Lender n i net y - six tho usa n d n i n e h u n d red and 0 0 / 1 0 0 <br />Dollars <br />(U . s. $ 96 . 9 0 0 . 0 0 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than S e p t e m b e r 1. 2 0 3 6 <br />(Ii') "Property" means tbe property that is described below under tbe heading "Transfer of Rights in the <br />Property. " <br />(G) "Loan" means the debt evidenced by tbe Note, plus interest, any prepayment charges and late charges <br />due under tbe Note, and all sums due under this Security Instrument, plus interest. <br />(H) "Riders" means all Riders 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 D Second Home Rider <br />D Planned Unit Development Rider D 1-4 Family Rider <br />o Biweekly Payment Rider 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 [mal, <br />non-appealable judicial opinions. <br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges tbat 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 tban a transaction originated by <br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or autborize a [mancial institution to debit <br />or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />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 <br />by any third party (otber 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 tbe <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br /> <br />_ -6(NE) (0005) <br />(!) <br /> <br />P.ge 2 of 15 <br /> <br />0101~9 6 - 9704 <br />Initl.ls' . <br />08/29/2006 12: 0 . 3 Form 3028 <br /> <br />1/01 <br /> <br />D06-02NE (OS/2005)Rev.Ol <br />