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<br />201108655
<br />(C) "Leuder" is USAA Federal Savings Bank
<br />Lender is a federally chartered savings bank
<br />organized and existing under the laws of the United States of America
<br />Lender's address is 10750 MeDermott Freeway, San Antonio, TX 78288
<br />(D) "Trustee" is Eirst American Title Insuranee Company
<br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is
<br />acting sotely as a nominee for Lender and Lender's successors and assigns. MER5 is the beneficiary
<br />under this Security Instrument. MERS is organized and existing under the laws of Delaware, and has an
<br />address and telephone number of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS.
<br />(F� "Note" means the promissory note signed by Borrower and dated November 16, 2011 .
<br />The Note states that Borrower owes Lender One Hundred Thousand Seven Hundred Anc3
<br />Zero / 10 0 Dollars
<br />(U,S. $ 100, 700 . 00 ) plus interest. Borrower has promised to pay this debt in regular Reriodic
<br />Payments and to pay the debt in full not later than December O1, 2041 .
<br />(G) "Property" means the property that is described below under the heading "Transfer of Kights in the
<br />Property. °
<br />(I� "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and Iate charges
<br />due under the Note, and all sums due under this Security Instrument, plus interest.
<br />(n °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 />0 Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider
<br />� VA Rider � Biweekly Payment Rider � Other(s) [specify]
<br />(.n "Applicable Law" means a11 controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rules and orders (that have the effect of law) as well as a11 applicable final,
<br />non-appealable judicial opinions.
<br />(K) "Community Association Dues, Fees, and Assessments" means a11 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) "Electronic �nds 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 account. Such term includes, but is not limited to, point-of-sale transfers, automated telter
<br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse
<br />transfers.
<br />(11� "Escrow Items" means those items that are described in Section 3.
<br />(1� "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) condemnation or other taking of all or any part of the
<br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the
<br />value and/or condition of the Property.
<br />(4) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on,
<br />the Loan.
<br />702314113 1109160104
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<br />Initials/ /�
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<br />Page 2 of 15 ��
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<br />Form 3028 1/01
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