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201007345
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Last modified
10/7/2010 2:20:16 PM
Creation date
10/7/2010 2:20:15 PM
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DEEDS
Inst Number
201007345
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201007345 <br />(c) "Lender" is wsLLS FARQO sAN>i`, N.A. <br />Lender is a NATIONAL ASSOCIATION <br />organized and misting under the laws of TBg ~~ STATSs <br />Lender's address is P.O. BOx 11701, w~Q~, NJ 071014701 <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is i~LLS FARaO FINANCIAL NAIL HNC <br />C/O SPSC. SSRV. , PO HOx 31557, SILLINt~13, )lt1T 59107 . <br />(E) "Note" means the promissory.note signed by Borrower and dated 8NPT8Q~8R 30, 2010 . <br />The Note states that Borrower owes Lender SEVNNTY SRV1~T THOIISAND ONS SIINDR>3D 88vSr1T7[ <br />SIaST AND 00/100 Dollars <br />(U. 5. $ * * * * * 7 7 ,17 8.0 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 OCTONNFt O1, 2030 . <br />(F) "P~operty" 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 />(~ "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 />^ Adjustable Rate Rider ^ Condominium Rider Second Home Rider <br />^ Balloon Rider ^ Planned Unit Development Rider ~ 1-4 Family Rider <br />^ VA Rider ^ Biweekly Payment Rider ^ Other(s) [specify] <br />m "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 />(~ "Community ,Association Dues, Fees, and Assessments" means all dues. fees, assessments and other <br />charges that are irt><posed on Borrower or the Property by a oondominium association, homeowners <br />association or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or similar paper instnurnent, which is initiated through an electronic ten~ninal, 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~f-sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wine transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow items" means those items that arc described in Section 3. <br />(~ "Miscellaneous ~" means any compensation, settlement, award of damages, or proceeds paid <br />by ~Y third PAY (other than insuranrce proceeds paid under the coverages described in Section 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation ar other taking of all or any part of the <br />Property; (iii) conveyance in lieu of condeirmation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(11T) "Mortgage Insurance" means in~n~ranrr protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />N RASKA -Single Family -Fannie Mao/Fnddia Mac UNIFORM INSTRUMENT <br />-8(NE) 108111 P~ga Z of 15 ~Nt Form 3078 7 /01 <br />
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