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LOAN #: 211125883 (I) “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]:
<br />(C) Adjustable Rate Rider Condominium Rider C) Second Home Rider Balloon Rider C] Planned Unit Development Rider 0 VA. Rider (1-4 Family Rider CL] Biweekly Payment Rider
<br />{x} Mortgage Electronic Registration Systems, Inc. Rider C) Other(s) [specify]
<br />(J) “Applicable Law” means all controlling applicable federal, state and local statutes, regulations, ordinances and admin- istrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (K) “Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization.
<br />(L) “Electronic Funds Transfer” means any transfer of funds, other than a transaction originated by check, draft, or similar
<br />paper instrument, which is initiated through an electronic terminal, telephonic 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,
<br />point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated
<br />clearinghouse transfers.
<br />(M) “Escrow Items” means those items that are described in Section 3.
<br />(N) “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 part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(0) “Mortgage Insurance” means insurance protecting Lender against the nonpayment of, er default on, the Loan.
<br />(P) “Perlodic Payment” means the regularly scheduled amount due for (i) principal and interest under the Note, plus
<br />(ii) any amounts under Section 3 of this Security Instrument.
<br />(Q) “RESPA’ means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing regulation,
<br />Regulation X (12 C.RR. Part 1024), as they might be amended from time to time, or any additional or successor legislation
<br />or regulation that governs the same subject matter. As used in this Security Instrument, “RESPA’ refers to all requirements
<br />and restrictions that are imposed in regard to a “federally related mortgage loan” even if the Loan does not qualify as a
<br />“federally related mortgage loan’ under RESPA.
<br />{R) “Successor in Interest of Borrower” means any party that has taken title to the Property, whether or not that party
<br />has assumed Borrower's obligations under the Note and/or this Security Instrument.
<br />TRANSFER OF RIGHTS IN THE PROPERTY
<br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and ail renewals, extensions and modifications of
<br />the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note.
<br />For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described
<br />property located in the County of Lane
<br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction):
<br />SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF AS "EXHIBIT A".
<br />APN #: 0724094 & 0724086
<br />which currently has the addrass of 29869 Gimpl Hill Rd, Eugene,
<br />[Street] [City]
<br />Oregon 97402 (“Property Address’):
<br />[Zip Code)
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances,
<br />and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security
<br />Instrument. All of the foregoing is referred to in this Security instrument as the “Property.”
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited
<br />variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />OREGON - Single Famity — Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3038 1/01 Initials:
<br />ICE Mortgage Technology, Inc. Page 2 of 10 : OREDEED . . OREDEED (CLS)
<br />12/17/2021 10:03 AM PST
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