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200702312 (C) "Lender" is WJUJ.'; FUGO BANK, N .A. Lender is a NATIONAL ASSOCIATION or~at1i2.ed and existing under the laws of THE UNITED STATES Lender's addres~ is P.o. ElOX 11701, NJ!:WARX, NJ 011014701 Lender is tht! beneficiary under this Security Instrument. (D) "TrWlteeU is us J3AN!{ TRUST COMPANY, NA 111 5W FIFTH AVE, ~OaTLANP, OR 97204 (E) "Note" means the promissory note si~ned by Borrower and datedXARCH 22, 2Q07 The Note states that Borrower owes Lender ONE HUNDRED TWBINJ!l THOUSAND AND 00/100 Dollars (U. S. $'" lit n 112 , 000 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than APRIL 01, 2037 (Ii') "Property" means the propeny that is described below under tho heading "Transfer of Rights in the Property. " (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under tbls Security Instrument, plus interest. (H) "Riders" means all Riders to this Security InstruInent that are executed by Borrower. The following R ielen are to be executed by BOrrOwer (check box as applicable]: o Adjustable Rate Rider 0 Condominium Rider D Second Home Rider o Balloon Rider 0 Planned Unit DevelQpment Rider D 1.4 Family ltider D V A Rider 0 Biweekly Payment Rider CD Other(s) [specify] TAX EXlM'PT 'P.1NANCING RIDER a> "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative roles and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (J) "Community Assodation Dues, Fees, llnd AsseslllDents" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners Msociation or similar organization. (K) "ll:l~tronic Ftmds Transire.." means any transfer of funds, other than a transaction originated by check, dTan, or $imilar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or autllorize a financial imtitution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers. and automated clearinghouse tr.BDsfers. (L) "Escrow Itm1&lI means those items rhat are described. in Section 3. (M) "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 ta.ll:ing of all or any part of the Property; (Hi) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to. rhe value andlor condition of Ule Property. (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. Initi~l~t4" '-~ _ .6INEIIOOO~1 i!l 1"1082 or 15 Furm 3Q28 1/01