Mortgage Document Copy - HomeInfoMax

a

Recording requested by: LSI

When recorded return to:

Custom Recording Solutions

2550 N. Redhill Ave. Santa Ana, CA. 92705

., \&\ ~~ 1,.

800-756-3524 ext. 5011

This document was prepared by:

9451 Corbin Ave. Northridge. CA 91324

11111111111111111 IIIII lllllllllllll\lllllllllllllll\1111\lll

200!5049131

? Rc:pt: 811492~/]R.ec: 146. 00

OS: 18!5 ? 1!5 / IT' t~ 7l1er~

03/16/0!5 - -.-- p y

JED PITT"AN, PASCO COUNTY CLERK

A'a11 03/ 16/05 01 ,~r 1

627"' OR BK

PG 0 I(J

~~S.SCl\ -------"'!.~.!..:::..::::~--lSpace Abo,?e This Line For Recording Data]

MORTGAGE

LE .com DEFINITIONS

Words used in multiple sections of this document are defined below and other words are defined in Sections 3, II. 13. 18. 20 and 21. Certain rules regarding the usage of words used in this document are

P x also provided in Section 16.

a (A) "Security Instrument" means this document. which is dated

together with all Riders to this document.

M (B) "Borrower" is

. A SINGLE MAN

February 28. 2005

SA InfoM Borrower is the mortgagor under this Security Instrument.

(C) "Lender" is Washington Mutual Bank, FA

e Lender is a Bank

organized and existing under the laws of the United States of America

m FLO5IDA-SingOe FaPily-Fannie Mae/Freddie Mae UNIFORM INSTRUMENT o cD.: -6(fl) tOOC~l

? Pa.,;e 1 o? 16

HVMP MOfi':'GAGE FORMS? !8001521?7291

0060706090

Form 3010 1/01

OR BK 6273 PG 881

2 of 17

Lender's address is 9451 Corbin Ave. , Northridge, CA 91324

Lender is the mortgagee under this Security lnmument.

(D) "Note" means the promissory note signed by Borrower and dated February 28. 2005

The Note states that Borrower owes Lender Fifty Two Thousand Ei gilt Hundred Fifty Nine

and 00/100------------------------------------------------------ ? ? ? ? Dollars

(t: .S. $52.859 . 00

) plus interest. Borrower has promised to pay this debt in regular Periodic

Payments and to pay the debt in full not later than

Apri 1 1, 2025

(E) "Property" means the property that is described below under the head'ng "Transfer of Rights in the Property." (F) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all surns due under this Security Instrument, plus interest.

m (G) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following

Riders are to be executed by Borrower [check box as applicable]:

E o 0 Adjustable Rate Rider 0 Condominium Rider

0 Second Home Rider

L .c 0 Balloon Rider

0 Planned Unit Development Rider 0 1-4 Family Rider

OvA Rider

0 Biweekly Payment Rider

0 Other(s) [specify]

P x (H) "Applicable Law" means all controlling applicable federal, state and local statutes. regulations,

ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final,

a non-appealable judicial opinions.

(I) "Community Association Does, Fees, and Assessments" means all dues, fees. assessments and other

M charges that are imposed on Borrower or the Propeny by a condominium association, homeowners

association or simi Jar organization.

A M (J) "Electronic Funds Transfer" means any transfer of funds. other than a transaction originated by

check, draft, or similar paper instrument, which is initiated through an electronic terminal. telephonic

S fo instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit

or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions. transfers initiated by telephone, wire transfers. and automated clearinghouse rransfers.

In (K) "Escrow Items" means those items that are described in Section 3.

(L) "Miscellaneous Proceeds" means any compensation. settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any pan of the

e Property: (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the

value and/or condition of the Property. (M) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of. or default on,

m the Loan.

(N) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under che Note, plus (ii) any amounts under Section 3 of this Security Instrument.

Ho ?

?6jfl) !COOS I

P1g1 2 ::~r 15

0060706090

Form 3010 1/01

?

OR Bl< 6273 PG 882

3 of 17

(0) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its

implementing regulation. Regulation X (24 C.F.R. Pan 3500), as they might be amended from time to

time, or any additional or successor legislation or regulation that governs th?! same subjec: matter. As used

in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard

to a ""federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage

loan" under RESPA.

(P) "Successor in Interest of Borrower" means any pa.""ty that has taken title to the Property, whether or

nor that party has assumed Borrower's obligations under the Kore and/or this Security Instrument.

TRANSFER OF RIGHTS IN THE PROPERTY

This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals. extensions and

m modifications of the Note: and (ii) the performance of Borrower"s covena"ts and agreements under this

Security Instrument and rhe Note. For this purpose. Borrower does hereby mortgage, grant and convey to

E o Lender, the following described property located in the

County

(Type of Rccord;ng lur;sd;ct;on]

of

Pasco

[f';amt: or Rt:cording Ja:risdiction]:

L .c "See legal description attached hereto and made a part hereof"

SAMInPfoMax Parcel lD Number: Spring Hill

("Property Address"):

which currently has the address of

(C;005l

PaQe 3 of 16

0060706090

Form 3010 1/01

"'

OR BK 6273 PG 883

4 of 17

BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has

the right to mortgage, grant and convey the Property and that the Propeny is unencwnbered. except for

encumbrances of record. Borrower warrants and will defend generally the title to the Propeny against all

claims and demands, subject to any encumbrances of record.

THIS SECURITY 1:-/STRUMEI'T combines uniform covenants for national use and non-uniform

covenants with Iimited variations by jurisdiction to constitute a uniform security instrument covering real

propeny.

UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:

1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Security lnst:ument shall be made in U.S.

m currency. However, if any check or other instrument received by Lender as payment under the Note or this?

Security Instrument is rerumed to Lender unpaid, Lender may require that any or all subsequent payments

E o due under the Note and this Security Instrument be made in one or more of the following forms, as

selected by Lender: (a) cash: (b) money order: (c) cenified check, bani: check. treasurer's check or

L .c cashier's check, provided any such check is drawn upon an instiTUtion whose deposits are insured by a

federal ager.cy. instrumentality, or entity: or (d) Electronic Funds Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at

such other location as may be designated by Lender in accordance with the notice provisions in Section 15.

P x Lender may rerum any payment or panial paymem if the payment or pani ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download