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<br />200705716 <br /> <br />(C) "Lender" is WELLS FARGO BANK, N .A. <br /> <br />Lender is a NATIONAL ASSOCIATION <br />organized and existing under the laws of THE UNITED STATES <br />Lender's address is P.O. BOX 11701, NEWARK, NJ 071014701 <br /> <br />Lender is the heneticiary under this Sewrity Instrument. <br />(D) "Trustee" is WELLS FARGO FINANCIAL NATL BNK <br />C/O SPEC. SERV., PO BOX 31557, BILLINGS, MT 59107 <br />(E) "Note" means the promissory note signed hy Borrower and dated JUNE 21, 2007 <br />The Note states that Borrower owes Lender NINETY SIX THOUSAND ONE HUNDRED TWENTY AND <br />00/100 Dollars <br />(U. S. $ * * * * * 96, 120 . 00 ) plus interest. Borrower has promised to pay this deht in regular Periodic <br />Payments and to pay the debt in full not later than JULY 01, 2027 <br />(F) "Property" Ineans the property that is described helow under the heading "Transfer of Rights in the <br />Property. " <br />(G) "Loan" means the debt evidenced hy 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 />(H) "Riders" means aU Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be exewted by Borrower [check hox as applicable]: <br /> <br />D Adjustable Rate Rider <br />D BaUoon 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 />D 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 tinal, <br />non-appealable judicial opinions. <br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property hy a condominium association, homeowners <br />association or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than 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 authorize a tinancial institution to debit <br />or credit an account. Such tenn 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 />hy 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 <br />Property; (iii) conveyance in lieu of condenllUltion; 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 nonpaylnent of, or default 011, <br />the Loan. <br /> <br />.. .6(NE) 100051 <br />(>) <br /> <br />Page 2 of 1 5 <br /> <br />Initials: R 1_ } <br /> <br />J4 ~1.Q. <br /> <br />Form3028 1/01 <br />