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<br />200801215 <br /> <br />(C) "Lender" is WELLS FARGO BANK, N'.A. <br /> <br />Lender is EI' NATIONAL ASSOCIA.'l'ION <br />organized and existing 'under the laws of TilE: UNITED STATES <br />Lender's address is P.o. BOX 11701, DWARX, NJ 071014701' <br /> <br />Lender is the beneficiary under this Security Instrwnent. <br />(D) "Trustee" is us BANK TRUST COMPANY, NA <br />111 SW FIFTH AVE, PORTLAND, OR 97204 <br />(E) "Noten means the promissory note sigJ;le(l by BOl'1'ower and dated fEBRl1AXY 13, 200 S <br />The Note states that Borrower owes Lender SIX'l'Y SEVEN 'rHOUSAND AND 00/100 <br />Dollars <br />(U.S. $ *****67,000.00 ) pl\lS interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and [0 pay the debt in full not later than MARCil 01, 2038 <br />(F) nProperty" means the property that is described below Under the heading "Transfer of RiglJts in the <br />Property. " <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepaymem charges and late charges <br />due under the Note, and all sums due und.er this Security lnsnumem, plus intere5t. <br />(H) "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 />o Adjustable Rate Rider 0 Condominium Rider 0 Second Home Rioer <br />D Balloon Rider D PlaMed Unit Development Rider D }.4 Family Rider <br />o VA Rider D Biweekly Payment Rider ~ Other(s) [specify] <br />TAX F'.XR.MPT FJNA5CING RIDER <br /> <br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulalions, <br />ordinances and administrative rules and orders (that have the effect of law) as well tis all applicable final, <br />non-appealable judicial opinions. <br />(J) "Community Association Dues, Fees, WId Assessments" means all dues, fees, assessments and other <br />charges that are imposed On Borrower or the Property by a condominium assoclation, homeowners <br />association or similar organization. <br />(K) "Electronic Funds Transfer" mtans any transfer of funds, other than a transaction originated by <br />check, draft, or ~imilar paper inslrwnent, which is initiated !hrou~h an electronic terminal. telephonic <br />instrument, computet, Or magnetic tape so as to order, instruct, or authorir..e a financial institution to debit <br />or credit an at;:counl. Such tenn includes, but is not limited ro, point-of-sale rr:msfers, automated teller <br />macll.ine trilllsactions, transfers initiated by telephone. wir~ transfers, and automated clearinghouse <br />transfers_ <br />(L) "Escrow Items" means those items [hat are described in Section 3. <br />(M) "Miscellaneous Proceeds" mean.<; any compensation, sClllement, award of damages. or proceeds paid <br />by any third party (other than insurance proceeds paid unde( the coverages described in Section 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation Or other taking of all or nny pat!. of the <br />Property; (iii) conveyance i1\ lieu of condemnation; or (iv) misreprcse:ntations of, or omissions as to, fue <br />value and/or condition oftl1e Property, <br />(N) "Mortgage Insurance" means insurance protecting LendeT' against the 1lonpayment of, or default on, <br />dIe Loan. <br /> <br />cia -6INE) 10006) <br />is) <br /> <br />P~99 2 of 15 <br /> <br />'fliljal5:~ <br /> <br />Form 3028 1/01 <br /> <br />P,5 <br />