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200806847
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200806847
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Last modified
12/2/2008 10:23:21 AM
Creation date
8/8/2008 2:56:22 PM
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DEEDS
Inst Number
200806847
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<br />200806847 <br /> <br />(C) "Lender" is <br />IPlAZA HOME MORTGAGE, ~NC. <br /> <br />Lender is a COR'lQRATION <br />organized and existing lUlder the laws of CAUFORN~ <br />Lender's address is <br />5090 SHORI8iAM IPlACIE#206, SAN DIEGO, CA 92122 <br />(0) "Trustee" is t( .. ~ l.r. C <br />NitTuvu'llo n...I:l1ilUUN\.:i ;jtf<VU~~ 0 \ D ~~\, <:... (\Q{-J~l Ti"1 .e 4 Yl~,""" an e 0 - <br /> <br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is <br />acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the ben.eficillJ'Y <br />under this Secwrity XD.strwnent MERS is organized and existing lUlder the laws of Delaware, and has an <br />address and telephone of P. O. Box 2026 Flint MI48501-2026 tel (888) 679-MERS. <br />(F) "Note" means the promissory note signed by Borrower and dated JULY 16,2008 <br />The Note states that Borrower owes Lender <br />BGIHY THOUSAND ONIE HUNDReD S~XTY N~NIE AND NO/100 X X X X X X X X X X X X X X X X X X <br />Dollars <br />(D. S. $ 80,169.00 ) plus interest Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than AUGUST 01, 2038 <br />(0) "lP'roperty" means the property that is described below lUlder 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 lUlder this Security Instrument plus interest <br />(ll) "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 />D Adjustable Rate Rider D Condominium Rider D 1-4 Family Rider <br />D Graduated Payment Rider D Planned Dnit Development Rider D Biweekly Payment Rider <br />o Balloon Rider D Rate Improvement Rider D Second Home Rider <br />IXKJ Other(s) [specify] VA RJlDBR <br /> <br />(1) "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 />(K) "Community Associllltioo Dues, fees, and! Assessments" means all dues, fees, assessments, and other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization <br />(L) "Electroni.c lFun.ds Transfer" means 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 accoWlt 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 Hems" means those items that are described in Section 3 <br />(N) "MiscellueCl1lJls lP'rooeeds" means any compensation, settlement award of damages, or proceeds paid <br />by any third party (other than insurance proceeds paid lUlder 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; (Hi) conveyance in lieu of condemnatioq or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br /> <br />VMP-6A(NE) (0407).01 <br /> <br />Paga 2 on 5 <br /> <br />Form 3028 1/01 <br /> <br />fJ;! <br /> <br />,LK <br />
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