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<br />200801690
<br />
<br />(C) "Lender" is Bank of the West, a California state banking corp.
<br />
<br />Lender is a corporation
<br />organized and existing under the laws of The State of California
<br />Lender's address is 13505 California St, NE-BBP-LL-P, Omaha, NE 68154
<br />
<br />(D) "Trustee" is Bank of the West, a California state banking corp.
<br />
<br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is
<br />acting solely as a nominee tor Lender and Lender's successors and assigns. MERS is the beneficiary
<br />under this Security Instrument. MERS is organized and existing under the laws of Delaware, and has an
<br />address and telephonc number ofP.a. Box 2026, flint, MI 48501-2026, tel. (888) 679-MERS.
<br />(F) "Note" means the promissory note signed by Borrower and dated February 29, 2008
<br />The Note states that Borrower owes Lender Sixty Four Thousand And Zero/lOa
<br />Dollars
<br />(U. S. $ 64,000.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not later than March 01, 2023
<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 />o Adjustable Rate Rider
<br />o Bailoon Rider
<br />o VA Rider
<br />
<br />o Condominium Rider 0 Second Home Rider
<br />[J Planned Unit Development Rider 0 1-4 family Rider
<br />[] Biweekly Payment Rider D ather(s) [specify]
<br />
<br />(J) "Applicablc 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 final,
<br />non-appealable judicial opinions.
<br />(K) "Community Association Dues, liees, and Assessments" means all dues, fees, assessments .md 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 Transfcr" means any transfer of funds, other than a transaction originated by
<br />check, draft, or similar paper instrument, which is initiatcd through an electronic terminal, telephonic
<br />instrument, computer, or magnetic tape so as to order, instruct, or authorizc a financial institution to debit
<br />or credit an account. Such term 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 />(M) "Escrow Items" means those items that are described in Section 3.
<br />(N) "Miscellancous Proceeds" means any compensation, settlement, award of damages, or proceeds paid
<br />by any third party (other than insurance proceeds paid under the coverages dcscribed in Scction 5) for: (i)
<br />damage to, or destruction ot~ the Property; (ii) condemnation or other taking of all or any part of thc
<br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations oI~ or omissions as to, the
<br />val ue and/or condition of the Property.
<br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on,
<br />the Loan.
<br />8800372013
<br />
<br />Initials:
<br />
<br />0" ~800372013
<br />ff-"--' Form 3028 1/01
<br />
<br />."6A(NE) (0407).01
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