ssmmemmsowsor DOC # 2008-0078527 Resoding Reuse By : sae ae alata Recorded in Official Records County" of Riveraise . Larry Ww. lard Retum Te Assessor, County Clerk & Recorder cnn per te tn TT 9700 Bissonnet Street , Suite #1500, HOUSTON, Tx 77036 ll Prepared By’ Laverne Anthony, 3000 eadenhall Road Mount Laurel, NJ 08056 YS? xoan #: 0051693419 FSHISP/ space aoe Ths ine For Recrdg Dats DEED OF TRUST ok DEFINITIONS ‘Words used in mulliple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20 end 21. Certain rules regarding the usage of words used in this document are «also provided in Section 16. (A) "Security Instrument" means this document, which is dated February 8, 2008 A Aogether with all Riders to this document {B) "Borrower" is PEDRO STLVA, A MARRIED MAN AS HIS SOLE AND SEPARATE PROPERTY Borrower's address is 189 PRADO DR HEMET, CA 92545 ‘Borrower is the trustor under this Security Instrument (©)"Lender” is Coldwell Banker Home Loans Lender is @ Corporation ‘organized and existing under the laws of Delaware: ‘CALIFORNIA-Single Fariy.-Fannio MaeiFreddle Mac UNIFORM INSTRUMENT Form 3005 1/01 nancial Services OriginalLender's address is 3000 Leadenhall Road Mount Laurel, NJ 08054 Lender isthe beneficiary under this Security Instrument (D) "Trustee" is Bizet American Title (E) "Note" means the promissory note signed by Borrower and dated February 8, 2008 ‘The Note states that Borrower owes Lender One Hundred Ninety-Eight Thousand Five Hundred Forty Dollars and Zero Cents Dollars (US. $198,540.00 } plus interes, Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than March 1st, 2038 (F) "Property" means the property that is described below under the heading “Transfer of Rights in the Property." {G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and ell sums due under this Security Instrument, plus interes. (H) "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): (F) agjustable Rate Rider [] Condominium Rider {J scoond Home Rider Balloon Rider {Planned Unit Development Rider (1-4 Family Rider VA Rider CJ Biweekly Payment Rider others) [specify] (© “Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of Taw) as weil as all eppicable inal, ‘non-appealable judicial opinions. @) "Community Association Dues, Fees, and Assessments" means al dues, fees, assessments and other charges that are imposed on Borrowver or the Property by a condominium association, homeowners _ssociation or similar osganization (K) "Electronic Funds Transfer" means any transfer of funds, olher than a transaction originated by check, draft, oF similar paper instrument, which is iniited through an electronic terminal, telephonic instrument, computer, or megnetic tape 90 as to order, instruct, or authorize a financial institution to debit ‘or crodit an account. Such tenn includes, but is not limited to, point-of-sale transfers, automated teller machine tansactons, warsfes inilisted by telephone, wire transfers, and euiomated clesinghouse transfers, (L) "Escrow Items means those items that are described in Section 3. (M1) "Miscellaneous Proceeds” means axy compensation, setement, award of damages, or proceeds paid by any third pany (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ji) condemnation or other taking of all or any part of the Property (ii) conveyance in lie of condemnation; or (jv) misrepresentations of, or omissions as fo, the value and/or condition of the Property (8) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan (©) "Periodic Payment" means the regularly scheduled amount dve for @) principal and interest under the Note, plus (i) any amounts under Section 3 ofthis Security Insrument (@) "RESPA means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its, implementing regulation, Regulation X (24 C.P.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matte. AS used in this Security Instrument, "RESPA® refers o all requirements and resirietions that are imposed in regard CCALIFORNIA-Single Family-Fannie MaclFreddie Mac UNIFORM INSTRUMENT VMP®-§(CA) or) Pa zetis wa {PS Form 3005 1101 Original10 a "federally related mortgage loan" even if the Loan does not qualify as a “federally related mortgage Joan” under RESPA. (Q) "Successor in Interest of Borrower" means uny party that has taken title to the Property, whether or pot that party has assumed Borrower's obligations under the Note and/or this Security Instrument, ‘TRANSFER OF RIGHTS IN THE PROPERTY This Security Insrument secures to Lender: () the repayment of the Loan, and all renewals, extensions and rmdifications of the Note; and (i) the performance of Borrower's covenants and agreements under this Sceurty Insrument and the Note. For this purpose, Bomower irevocably grants and conveys to Trustee, in ust, with power of sale, the following described property located in the couvny of RIVERSIDE : ype of Recording erst} Iams oF Recon rscton) See Ext BIT A- Parcel 1D Number: which currently has the address of 189 PRADO DR Ise) HEMET Iciy), Califomia 92545 (tip cose) (CPropeny Address"): TOGETHER WITH all the improvements now or hereafter erected on the property, and all ‘easements, appurtenances, and fixtures now or hereafter a pert of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument asthe "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right 10 gran and convey the Property end that the Property is unencumbered, except for encumbrances, fof record, Borrower warrants and will defend generally the title to the Property ageinst all claims and demands, subject to any encumbrances of record ‘THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform ‘covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real propery, UNIFORM COVENANTS, Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges Borrower shell pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges end late charges due under the Note. Borrower shall «lso pay funds for Escrow Htems pursuant to Section 3, Payments due under the Note and this Security Instrument shall be made in U.S. ‘CALIFORNIA-Single Famiy-Fannle Mae/Fredsie Mac UNIFORM INSTRUMENT Form 3008 110% VMPe.S(CA) 071) Pam 0r18 ear (2S, Original