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<br />200708844
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<br />(C) "Lender" is BELL AMERICA MORTGAGE LLC DBA BELL MORTGAGE
<br />
<br />Lender is a LLC
<br />organized and existing under the laws of MINNESOTA
<br />Lender's address is 1000 SHELARD PKWY. SUITE 500
<br />MINNEAPOLIS. MN 55426
<br />(D) "Trustee" is US BANK TRUST COMPANY. NATIONAL ASSOCIATION
<br />111 SW 5TH AVENUE. PORTLAND. OR 97204
<br />(E) "MERS" is Mortgage Electronic Registration Syslems, Inc. MERS is a separale corpormion that is
<br />acting solely as a nominee for Lender and Lender's successors and assigns. MERS Is the beneflclury
<br />under this Security Insh'ument. MERS is organized and existing under the laws of Delaware, and has an
<br />address and telephone number of P.O. Box 2026, Flint, M148501-2026, tel. (888) 679-MERS.
<br />(F) "Note" means the promissory note signed by Borrower and dated OCTOBER 15TH, 2007
<br />The Note states that Borrower owes Lcnder
<br />NINETY SEVEN THOUSAND FIVE HUNDRED AND NOIlOO Dollars
<br />(U .S. $ 97.500.00 ) plus interest. Borrower has promised to pay lhis debt in regular Periodic
<br />Payments and to pay the debt in full not later than NOVEMBER 1ST, 2037
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property. "
<br />(H) "Loun" 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) "RJders" means all Riders to this Security Instrume,]t thut ure executed by Borrower. The following
<br />Riders lire to be execu ted by Borrower [check box as upplicable I:
<br />
<br />D Adjustable Rate Rider
<br />D Balloon Rider
<br />D VA Rider
<br />
<br />o Condominium Rider D Second Home Rider
<br />D Planned Unit Development Rider 0 1-4 Family Rider
<br />D Biweekly Payment Rider[J Other(s) [specify]
<br />FORM E-3
<br />
<br />(J) "AppIlCllble Law" means u1l 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 final,
<br />non-appealable judicial opinions.
<br />(K) "Community Assoclation Dues, Fees, und Assessments" means all dues, fees, assessments and other
<br />charges that lire imposed on Borrower or the Properly by a condominium association, homeowners
<br />association or similar organization.
<br />(L) "Electl"Onic Funds Tnmsfer" mellns 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 financial institution to debit
<br />Or credit an account. Such term includes, hut 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 />(M) "Escrow Items" means those items that are described in Section 3.
<br />(N) "Miscellaneous Proceeds" means any compensation, seulement, award of damages, or proceeds paid
<br />by 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; (Ill) conveyance in lieu of condemnation; 01' (iv) misrepresentations of, or omissions as 10, the
<br />value and/or condition of the Property.
<br />(0) "Mortgage InSurance" means insurance protecting Lender again:;t the nonpayment of, or default on,
<br />the Loan,
<br />
<br />~.6A(NE) 104071.01
<br />
<br />PBIIII 2 of 1l;j,
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<br />'""'.,'~
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<br />Form 3028 1101
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