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<br />200703941
<br />
<br />(C) "Lender" is FIRST HORIZON HOME LOAN CORPORATION
<br />
<br />Lender is a CORPORATION
<br />organized and existing under the laws of THE STATE OF KANSAS
<br />Lender'saddressis 4000 Horizon Way, Irving, Texas 75063
<br />
<br />(D) "Trustee" is First Tennessee Bank National Assoc.
<br />
<br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is acting
<br />solely as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary under this
<br />Security Instrument. M ERS is organized and existing under the laws of Delaware, and has an address and
<br />telephone number of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS.
<br />(F) "Note" means the promissory note signed by Borrower and dated May 14th, 2007
<br />The Note states that Borrower owes Lender
<br />ONE HUNDRED SIXTY EIGHT THOUSAND FIVE HUNDRED FORTY SEVEN & 00/100 Dollars
<br />(U.S. $ 168,547.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not later than JUNE 1, 2037
<br />(G) "Property" means the property that 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, any prepayment charges and late charges
<br />due under the Note, and all sums due under this Security Instrument, plus interest.
<br />(I) "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 />[X] V A Rider
<br />
<br />D Condominium Rider D Second Home Rider
<br />D Planned Unit Development Rider D 1-4 Family Rider
<br />D Biweekly Payment Rider D Other(s) [specifYl
<br />
<br />(J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulatiol1.'l,
<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 />(K) "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 />(L) "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 instnunent,
<br />computer, or magnetic tape so as to order, instruct, or authorize a tinancial 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 />(M) "Escrow Items" means those items that are described in Section 3.
<br />(N) "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 />(iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or
<br />condition of the Property.
<br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the
<br />Loan.
<br />
<br />0061009569
<br />..6A(NE) (0407).01
<br />(!)
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<br />Page 2 of 15
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<br />InitiaIS:~ /!J?p
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<br />Form 3028 1/01
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