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200803223
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200803223
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Last modified
4/17/2008 3:21:31 PM
Creation date
4/17/2008 3:21:30 PM
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DEEDS
Inst Number
200803223
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<br />(C) "Lender" is WELLS FARGO BANK, N.A. <br /> <br />200803223 <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 beneficiary under this Security Instrument. <br />(D) "Trustee" is WELLS FARGO BANK, NA <br /> <br />, , <br /> <br />(E) "Note" means the promissory note signed by Borrower and datedAPRIL 11, 2008 <br />The Note states that Borrower owes Lender EIGHTY SEVEN THOUSAND AND 00/100 <br />Dollars <br />(U. S. $ ."." ."."." 8 7 , 0 0 0 . 0 0 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than MAY 0 1, 2023 <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 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 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 />D Adjustable Rate Rider <br />D Balloon 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 final, <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 by a condOlninium association, homeowners <br />association or similar organization. <br />(K) "Electronic Funds Transfer" meal1<; 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, but is not limited to, point-of-sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and autOInated 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 />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) condenmation or other taking of all or any part of the <br />Property; (Hi) conveyance in lieu of condenmation; 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 nonpayment of, or default on, <br />the Loan. <br /> <br />__ -6INE) 100061 <br />@ <br /> <br />Page 2 of 16 <br /> <br />J"- <br />.. ~. <br />Initials:@ <br /> <br />~~:r <br /> <br />Form 3028 1/01 <br />
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