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<br />200710t4~
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<br />(e) "tender" is WELLS FARGO BANK, N.A.
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<br />Lender is a NATION.AL ASSOC:IA'I':ION
<br />organized and existing under the laws. of THE UNJ:TED STATES
<br />Lender's address is P.O. BOX ~170~, NEWARK, NJ 07101470J.
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<br />LtD.der is the beneficiary under this Security InStruma~l.
<br />(D} "TnJ5t~'" ~$ US BANK TRUST COMPANY. NA
<br />111 SW FIFTH AVE, PORTLAND, OR ~7.204>
<br />(E) ttNote" xneans the promissory note signed by BortQwer atl.d dated NOVEMBER 30, 2007
<br />The Note 5tates tbat Borrower owes Lend-er 'l!:iGRTY EJ:GKT THOUSAND AND 00/100
<br />Dollars
<br />(TJ .S. $ !Ill"''''''''' BB , 000 . 00 ) plus interest. Borrower hss promised to pay this debt iu regul.8J." Periodic
<br />Payments and tQ pay the debt in full not late;r th.;an DECEMBER. 01, 203'
<br />(F) "Property" means the property that is described. below under the heading "Transfer of Rights in the
<br />Property. "
<br />(G) "Loan" means the debt evidenced by the Nme, plus interest, .;any p1:epayment ch.atges .and late charges
<br />due under the Note, aud all SUJnS due under this Security Instrw:.o.e1;).t, plu$ interest.
<br />(H) "Riders" means all Riders to thi~ Security Instrument that are execo:ted by Borrower. The following
<br />Riders are to be executed by Borrower [eheck box as applicable 1:
<br />
<br />D Adjustable Rate Rider D Condominium Rider D Second Home Rider
<br />D Balloon Rider 0 Planned Unit Development Rider D l.4 Family Rider
<br />o VA Rider D niweekly Payment Rider ~ Othe:t-(s) [speCify]
<br />TAX KXEMPT lfIlWICllllG n))~R
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<br />(I) "Applicable Law" :means all controlling applicable fede!:al, St:1te llI1d local statutes, regulations,
<br />ordinances and adminislratiw: roles and orders (that have the effect of law) as well as all applicable fmal,
<br />nO:(lwappealab1e judicial opinions.
<br />(J) "CQ;w.w,\lwty Association Dues, Fees, and Assessro.oots1t ;r:oeans all dues, fees, assessments. and othe;r
<br />charges that are imposed on Borrower or the Property by a condominium association, homeowners
<br />association or similar organization.
<br />(K) ItEI<<:b"oxdc Funds Transfer" means any traIlsfer of funds, other than a transaction originated by
<br />check, draft, or simUar paper instrwnent, which is initiated through an elecrronic terminal, telephonic
<br />instrument, computer, or magnetiC ta.pe so as to order, instrnct, or authorize a financial instimtion to debit
<br />or C1:e(ljt an account. Such term includes, but is nor limited to, point-of-sale t1:3nsths, automated teller
<br />machiue trallsactions, transfers initiated by telephone, wi~e transfers, and automated cleuinghouse
<br />transfers -
<br />(L) "Escrow ltemslt means those items that are described in Section 3.
<br />(M) "Miscellaneom Proceeds" means any compensation, settlement, awa,,-d of damages. or proceed.s paid
<br />by any third pa.rty (other than insurance proceeds paid under the coverages described in Section 5) for; (i)
<br />damage to, or destructiOn of, the Property; (ii) condenmatiOn or orher taking of all or any part of the
<br />Property; (Hi} conveyance in lieu of condem.uation; or (iv) misrepresentations of, Or omissions as to, the
<br />value and/or COndition of the Propeny.
<br />(N) "Mortgage Insw;ance" means insurance protecting Lender against the nonpayment of, Or default on.
<br />the Loan.
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<br /><C!\-6(NEI 100061
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<br />Pjga:;; 0116
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<br />Form 3028 1/01
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