Loading...
HomeMy WebLinkAbout872774AP6In :slzgrul 9I 3o 1 aged I0 /I IOC wao,3 .LNaNIfflLLSNI I1RIOdINR 3 JJ a►ppaad/aeyAI Nuueg ,CI!urd at$u!S 1 •Isaialul surd `Tuaunzlsul XTlanoaS sup iapun anp suns Hu pun `aloN aql .iapun anp sa8z qo awl pun saingo luauaudaid Aun 'Isazalu! snld `aloN alp Act paouaptna Igap alp stream „uuoq„ (d) „•,Cpadoid aql ui spiSRI jo iajsunal,,, 2ulpnaq alp .iapun Molaq pagposap sl ingT Apadoid gip sunau „Spadoad„ (a) i£0Z `T cuw uugl lam lou lin3 ul Igap alp ,Cud oT pun s1UauICgd 3!pouad .ielaoi ul Tgap sup Xnd oT pasluoid seg 1 Ao.uog TsaJo ul snld (00 'STI) sJ11OQ 001/00 Puy punsnogi ,ClxlS paapunH au0 .'apuaI saMO .iaMOUog Imp salnTs alo• 01 1.1. 'TOOZ ti RANT polyp pug .camouog iq pauals alou tiossluzozd aqT sueau „aloN„ (Q) •luautulsul icIT.znoa sup zapun aa2n8pou alp s! aapua7 I0hh8 HVJJ1 `Namm° `QIIVAg'I11Og NO.LONIHSVM SO9Z Si ssaIppg s,1 pua7 •HVM1 lo aluTS a ID jo sMgl atr aapun 2uuslxa pug pazlunaao uoij iodaoo n sl lapua7 •HVZn ,IO VII sl „aapual„ (3) •Tuaunz1sul ACT ►moos sup Japun io2g2uoul alp sl aaMO.Uog •a;iM pun puegsnq NOS'IIN NNA'I av i Pun NOSrIIN AVf sl aantoaaog„ (g) •Tuaunoop sup 01 saaprj Ilg gTlM 10410501 `IOOZ `Zi lladv polyp si 40i4M `Tuaunoop sup small! Juaunalsul ,CllanaaS„ (v) '9I UOU3 S ul paptnoJd oslg a.in Tuaunoop sup ul pasn spaoM JO a8usn alp 8ulp.w of salna ulgpap '1Z Pug OZ `81 '£1 `II suoMoS ul pau jap a to spawn Jaglo pug Molaq paugap a.ie Tuaunoop sup jo suolpoas aldlllnu ul pasn sp1oM ONWIO,th3 {383W1413Y! T 1NNV31' 6 :E 1 OZ acIV lQ >M310 UNO1O3 N` 00N!1 03i\ {303 8 ROW lid 2y9v )OOa aDVOZUIOLAI [Bpfl 2ulpaoaag aog au f sIgy anoqy ands] 1 11.L2L8 pTor(M SNOI.LINIdgc 3yd N X1409 13S MOM sTg3. Q sS2� aye :Ag pazedazd 'IOIIINOD OW 1daa ONIddIHS :'WTH I0Pt78 HY,Ln `NKQOO QIIVAa'IROf NO1ONIHSVM SO9Z HVIn JO ?INVH :o1 uanTag 785 (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]: Adjustable Rate Rider Condominium Rider [X] Second Home Rider Balloon Rider [X] Planned Unit Development Rider 1 -4 Family Rider VA Rider Biweekly Payment Rider Other(s) [specify] (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 fmal, non appealable judicial opinions. (I) "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. (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 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 transfers. (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 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. (M) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (N) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (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. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject 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 party that has taken title to the Property, whether or not that party has assumed Borrower's obligations under the Note 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 modifications of the Note; and (ii) the performance of Borrower's covenants and Agreements under this Security Instrument and the Note. F or this purpose, Borrower does hereby mortgage, grant and convey to Lender and Lender's successors and assigns, with power of sale, the Page 2 of 16 Form 3051 1/01 Initials: ,,411111n MI IOC wa 9 81., 1 JsuuaI spund oluoaloaig (p) .to :Xltiva so `i(Iliuluawn.Ilsul `,(ouaRe lsaapaj pa.Insul a.IU slisodap asogm uognitisul us uodn umuip s! )ioago Bons Aug papino1d Vago matgsso .Io xoat[o s,iainssazi 5Toago xueq 'Noago palypao (o) `..Iapio iiauow (q) `gsuo (e) :aapual iiq paloalas ss `suuoj 2ulmolIo3 am jo NOW 10 auo ui apew aq luawnzisul klunoas slgl pus aloN agl lapun anp sivaw,Cgd luanbasgns lie io itue Imp gitnbal ,Cew .Iapua7 `pisdun .iapua-I of pauiniat Si ivawnalsul 4.moaS slgl io aioN aql Japun Iuatta d se .Iapua7 ,Cq panlaoa1 luawn.rlsul .1agio Io raw /Cuu 3l `.ianaMoH •//oua.uno •S•n ul apses aq !lugs luawn.tlsul 4znoas slgl pus aioN am Japun anp sivaw&sd uopoas of luunsind swan mama Joj spun] iced oslu !legs 10mouog •aioN am .zapun anp saasgo acs! pus saki qo luawgsdatd (cue pus aloN agl Xq paouapina Igap am to Isamu! pus '3o ledlouud am anp uatim /Cud I[sgs .IaMouog •sanggj alg i pug 'sa.teg0 luawiCI daad 'swan e+oaasd 'lsaaalul ledloupd Jo luatuXua :smo!!o3 se 2 1 g pus iuuuanoo lapuai pus JaMo.uog •SINVNIIAOO Y�I2IOdINI1 Auadoid mat 51.11Wn00 ivawnusul ,iil.Inoas uuo31un g alnliisuoo of uopolpslinf /Cq suolieuen pallwlt pm slueuanoo uuojtun -uou pus asn Tsuolleu .Io; slueuanoo uuoJlun saulgwoo SIH.L •paooaa jo saouszgwnoua ioafgns `spuswap pus stump !Is lsurs s' Uadom agI of ow agi ,CIls.iaua2 puapap IITA1 pus siuezlem xamouog •p1oow jo saoueigwnoua aoJ ldaoxa `pal gwnouaun sI ,(I.Iadold am iugi pug t(i.Iado.id am I(3nu03 pus urea `32e2uow of Iq$IT am seg pus pa/Canuoo Agalag alelsa am 3o pastas Swum! sl .Iamo.og iegi SINVNIIAOO IlaMO'RIO I li.Iadoid„ agl su luawnzlsul t(lunoaS stgl ul of pauajaa Si 2ulaaioj agi 3o IId •luawtuisuI /iuinoas slgl Act pa.Ianoo aq osis !Tugs suomppu pus sluawaouidaz !id •Ai.Iado.id agl jo iaud u aageaaag 10 MOU sa.mlxg pus `saousual.Indds 'sluawassa Itu Pus `Auadoid am uo paloam ialjuanti 10 MOU sluawano.idwl 01 12 Ile H.LIM 2IIIHJ2DO.L [pans] 3o ssa.ippe am seg dtlluauno go!gm '3Od2IIIH1 1VV'Id'IVIDIMO IIH.L NO I3lRIDSdU SEA `ONIJXOAM `A.LNfIOO N'IOONPI i IV'Id HDNVUU AIITIVA IIH1 NI 171.01 :[uopotpspnf 8uip,iooaJ Jo auleN] N'IODNI'IJo [uoltotpsunf 3uipiO3oJ to ad,CZ] ,Cluno3 am ul paisool Ai.tado.id paquosap 2u!moito3 9I 3o a2ed „ssaippy Ai.Iadoid [apop di LZi£g 2utwoiCM !3] aNAYH,L dARIQ NIIaI »IIIAd 179Z 00'OL0 pz :JagwnN QI Iao d i,' 087271 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. Lender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply such payments at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payment to bring the Loan current. If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or return them to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note immediately prior to foreclosure. No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrower from making payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument. 2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be applied in the following order of priority: (a) interest due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. Any remaining amounts shall be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If more than one Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after the payment is applied to the full payment of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Note. Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due date, or change the amount, of the Periodic Payments. 3. Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the Note, until the Note is paid in full, a sum (the "Funds" to provide for payment of amounts due for: (a) taxes and assessments and other items which can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage Insurance premiums in accordance with the provisions of Section 10. These items are called "Escrow Items." At origination or at any time during the term of the Loan, Lender may require that Community Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and assessments shall be an Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts to be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives Borrower's obligation to pay the Funds for any or all Escrow Items. Lender may waive Borrower's obligation to pay to Lender Funds for any or all Escrow Page 4 of 16 Initials: 78 1 Form 3051 1 /01 I0 /1 IS0£ tumid law= g ui uap alp Xq pa.inoas uoilMMggo am jo luautXgd alp o12uilum ui saa u (u) :J Mo.uog ssaiun luaunulsuI klunoas sup .tan° sit go1gm uaq Xuu a2.i gosip i(ilduiotd Begs .Iamouog E uoiloaS ui papinoad IOW= 0111 u! utagl ,Cud !!rags aamortog 'small mO.IOSg 0.111 SLUM! asa111 1ualxa 0111 oZ ,Cu •u d! `sluatussassy pue 'ma `sang uotlgtoossy ,CljunututoJ put `,Cue 3i `/1°Iadoid am uo sluoi punoi2 .io sluOLLIXEd !optima! luawn.Ilsul kli.inOas sup Imo iC1uoi.Jd uielle uuo lion% i(padoad at1 o1 algeingi.Illu suoilisoduzi pug `saug tango `sluauissassg `saxul Ire ,Cud hugs Jamouog •suai1 :sanegQ °.iapua-1 tq !Nag spund ,Cue .Iamo°uog of puma.' (pduioid hugs .iapuaZ `luauiiulsui X1unoas sits ,Cq pains sums Hu jo gig ui luaulad uodn •sluatuXud /Cullum Zi uugl oioul ou u! 1nq `ddSJJJ 111im aouepi000e ui Xouaiogap am dn wpm of ,tressaoau lunoutg am aapuarl o1 Auld hugs 1amo°uog pug `ydSa 1 iCq pa.tinba.i sg .Iamo.uog Xpou !legs .tapu0.1 `VdS3 1 .iapun paugap su `mo13S0 u! Nag spund jo ,Couaiogap u si Nam 3I •sluaul,Cud Xigluoui ZI ugg1 a.zoul ou ui lnq ddSg2I glim aouupiooau ui a ulzogs 0111 dn wieui o1 £i ssaoau lunoure am iapua-I of ,Cud dugs .Iamo°uog pue `VdSg2I iCq pannbai sg .camo°uog jtlou Begs .Iapua-I Vaal' Japan paugap se 'mama u! Nag spund 3o au1.JOgs u st a.Ia VdSg2I glim aougpi000u ui spunj ssaoxa OUT .iod .Iamouog of lunoOOg riggs Japuarl `ddSg21 i pun paugap sg 'mama ui Nag spun• Jo snidins a si aiagl3I •ddSall pannbat su spun atldo 2uilun000e iunuue uu `amp lnoglim `aamouog 01 a/0 hugs .Iapua-1 spun a111 uo pied xi !lugs lsaialui 111111 `.Ianamoq `Suilum u! aa.Jge Ugo aapua•I pue iamouog •spun• 0111 uo auiuiea lo Isazalu! nitre .Iamonog /Cud of paambai aq 1ou Ilegs iapuari `spun• a111 uo pied aq of 1satalui sannbai mel aigeoiiddd 10 &LULIM u! apem si luautaai2u ue ssaiun g lions a3igul Ol .iapua7 sliuuad me-1 aiquoiiddy pue spunj am uo lsa.ialui .Iamo°uog &Cud .iapua7 ssaiun 'swan mama am 2uTi(Ju n .to lun000u mo.IOSO agl 2ulziCiuuu ,(!lama¢ `spun,• aq1 upCiddu puu 2uipioq 10j .amol.IOg a rat o 1ou !lugs .iapua-1 •YdSgu iapun pagioads auitl am um lalel ou small mo.IOSg am /Cud of spun am /Ciddg IIggs .Iapua'I •)luug ueorl auloH Ig.Iapad 1iug ui .Io (painsui os aig si!sodap asogm uoilnlilsui ug Si .iapua-13i `.iapuai 2uipnioui) klilua to `JCliigluatutulsui `,iouaau imp g painsui aIe slisodap asogm uoilnlilsui ue uI plat ag tugs spunj 011.E mu�l aiggogddy LpTM aouupi000u ui asimiaglo JO small mama aanln3 jo sanulpuadxa jo salumils° aigeuosgai puu elup luauno jo siseq a111 uo anp spun jo lunouig am algu !lets .Iapual •ddsgJ iapun aimbai ueo .iapua! u lunoiuu uinuiixgut 0111 paaoxa of lou (q) pue `vdsa i iapun pagtoads amp alp lg spun aql Xlddu o1 .IapuaJ liuuad o1 luatogJns (u) lunouiu ug ui spun plot puu nano° 'au ,lug le Cew .iapua-1 u°tloas sigl.Iapun pannba.I uagl Die 111111 `Slunouie Bons ui pug `spun !ig .iapual o1 'cud guts .Iamouog `uoiluoona1 Bons uodn `pug S I uoiloaS glim aouup.I000g ui uant2 aoilou u amt! ,Cue 111 small moaosg Ire JO /WE 01 se .Ianiem a111 a)lona.I ,ilia! .Iapua-i •lunoure Bons Xuu npuarl o1 Audai of 6 uoiloaS iapun pale2ggo aq uagl Bugs zamouog pue lunoure lions /Cud pug 6 uoiloaS .Japan S24 II S1! as1O1axa ,Caul 1apua-1 `mall moiosg uu .IO3 anp lunouie am iced of siiuj .Iamouog pug `.Ianium u of luensind `Xiloa.np small mo.IOSg Cud of palaggo s! .Iamouog 3I •6 uoiloaS ui pasn Si luauiaaffe pug luguanoO asg_Igd am se `luautiulsul i(1t.InoaS sup ui pauiuluoo 1 =O 1100.12u pue luuuanoo g aq of pauiaap aq sasodind lie .ioj !lugs sldiaoai ap!no.Id of pug sluauagd lions algal of uopatigo mamouog •aiinbai /cum .Iapua' su pouad amp Bons uigltm luauaed Bons 2uiouapina sldiaoai .Iapua-1 0l gsu.unj hugs `satmba.I iapua-1 d! `pue .tapua•1 Xq panrem wag suq spunj 3o luauuXud gOigm .IOj small moiOSg ,iue .ioj anp slunoure am `aiquked anion pug uagm `Xiloa.np Cud gets .Iamouog `.ianiem lions 3o Juana alp u! •2utlum ui aq /quo kern .tantum tons ,Cud aural ,Cuu 111 small 9I 3o s aged ti."., ;;LRo 0S 2 acceptable to Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien while those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may require Borrower to pay a one -time charge for a real estate tax verification and /or reporting service used by Lender in connection with this Loan. 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. W hat Lender requires pursuant to the preceding sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one -time charge for flood zone determination, certification and tracking services; or (b) a one -time charge for flood zone determination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee. Page 6 of 16 Initials: Form 3051 1 /01 AltA 789 MI IOC WJ Jo aouuznsu! au; 31 •pa ;atduioo sr 31zom agl se sluaw,Cud ss0z2ozd Jo s0u0s a ut .10 ivaw,(gd ai2uts t ur uoiltzolsa1 puu szrudai aqi Joj spaaoozd aszngsrp Ctw zapua7 •sasodznd gons Jo3 spaaoozd pastoral sgg zapuag 3r ,Ciuo Xuadozd am urzolsai Jo 2uutudaz Jo; aiglsuodsaz aq tiu14s Jamozzog `,fuadozd am `3o Sumer a141 Jo 'ol a2uwup Tim uorloauuoo ur mud alt spaaoozd uorluuwapuoo .10 aougznsu! 3I •aatuitp zo uorlgzoualap zaglznl prone o; pauwup jt ,tlzadozd am Jltdat ,iildtuozd hugs zamouog `arglsga3 /Itto!wouooa lou s! uotmolsaz Jo Jredaz 11141 S uorloas o; lutnsznd pautuualap sr lr ssatun •uorllpuoo slr o; anp amen ur 2ulsuazoap zo Buptzoualap woJj Aiadozd aql luanazd of zapzo u! ,tlzadoJd am urelurtu !rugs zamozzog `%Clzadotd am ur 2utp!sa1 sr zamouog lou Jo zaglatrm •AIodozd 01.11 uo alsum ltww00 Jo alezoualap o1 ,Cuadozd a141 molly `,Cuadozd am zrtdurr Jo aUuurtp `,iozlsap lou !rugs JamOJJOg •suot ;aadsui :,C ;zadozd alp 3o uoI ;aa;oad pug aaugua ;ulgt;Jl 'uor;gnJasaJd •L •iozluoo mamozzog puo,Caq alt goigm ls!xa saouulswno1lo 2urltnualxa ssatun Jo `pra14glrm ,Cigtuosuazun aq lou hugs luasuoo trargnn tulliJm u! mat asrmzaglo zapua'i ssajun `,(ouedn000 jo alup a141 imp ma,( auo !sear It Joj aouaprsaI igdrouud mamouog SE ,tlzadozd am. Xdn000 of anurluoo !lugs put luaturulsui ,Clunoas sup jo uol1noaxa am zauu s,iep 09 urglrm aouaplsaz Iud!ouud s sg ,(izadozd am asn put `gsriqulsa `,(dn000 !tugs Jamo og •,Caundna30 •9 grip uagl 10u Jo Jag1agm `1uawnzlsui ,Clunoas sup zo atom agl Japan pltdun slunourt ,Cud of Jo ,Ci1adozd am azolsaz zo zrtdaz of Jaglra spaaoozd aouuznsur 0141 asn ,Cum zapua'i •,Clzadozd am jo agzanoo am 01 atquoriddt alt s2115!J gons 52 Jgjosut `,CUadozd a141 2ulzanoo saioliod aouuznsut jig zapun (zamo.uog ,(q prtd swnrwazd paurtaun jo punjaz ,Cut of 2429 0141 uugl zaglo) s1gSu mamoUog Jo Jaglo ,Cut (q) puu luawnJlsui ,(irznoas sup Jo aloM a14l zapun predun slunowu aq1 paaoxa 02 lou lunotut ug u! spaaoozd aougznsur ,Cut of s2g2u s,zamo.uog (2) zapua'i of su2issu ,igazaq Jamozzog `asimuaglo Jo ZZ uorloas zapun ,Clzado1d 0141 sazlnbou zapua'i j! zo 'luana zamlta ui sr aorlou a141 uaim upaq rum pouad up 0£ agJ •wrtlo am arms puu alttlo2au ,Cute zapua'i ua141 'Luria g arllas of paza3Jo sgg zalzzto aouuznsur Nu m. Japua'i wag aorlou t o1 s,(up 0£ uigllM puodsai lou saop Jamozzog 31 •szalluw palgja1 put Immo aouuznsur ameriunt ,Cut arllas put alttlo2au zapua'i `,CpadoJd 0ql suopuugt zamozzog 3I uorloas ur Jo; paptnoJd zapzo am ur patiddt aq iugs spaaoozd aoutznsur gons •zamo1Zog of prod `Aug 3I `ssaoxa agl gran `anp uagl loo zo Jaglagm `luatunzlsui XIrznaas slap ,Cq paznoas stuns am of pariddg aq !rugs spaaoozd aoueznsu! am `pauassai aq pinom ,(!!moos mapua'i Jo aigisgaj ,ilrgotwouooa loo sr Jtgd0J .10 U0122102501 agl ji •Jamouog 3o uoilarigo Nos am aq imp pure spaaoozd aougznsu! am JO lno mud aq lou !rugs zamozzog ,Cq puma.' `satuud pzr14l .101410 Jo `szalsnfpt orignd zoj saad •spaaoozd gons uo s2urtuga Jo lsazalu! Are Jamo.uog ,Cud of paJlnbaz aq loo !tugs Japua'i `spaaoozd aouginsur qons uo pled aq 02 razor! sazinbaz mg'i alquoliddy Jo 2ull!zm u! aputu s! luatuaaJ22 tit ssatun •palatdtuoo s! ?izom am St sluo1n, gd ssaaozd jo sarzas t uI 10 luauz,tgd 012111s t III uollgzolsaz pug s1ltdai am zoj spaaoozd aszngslp ,iglu zapuag •,Cildtuozd uaareuapun aq bugs uolloadsur gons leg! paprnozd `uorloujsllus s,zapuai Ol paialdwoo uaaq 524 )lzom am aznsua of ,Clzadozd gons loadsu! of ,(lrunlzoddo tie pug set! Japua'i !pun spaaoozd aoutznsu! gons proq of 21.15!1 am anti !tugs Japua'i `pouad uol2210450.1 pug Jrgdaz gons 2u!JnQ •pauassai 40u s! ,Clrmoas s put atglstal Xtteo!tuouooa s! Jrgda1 z0 uoil2JOlsa1 amt 3i `,SlJadozd am Jo 1reda1 Jo uoilgJOlsa1 o; pariddg aq pugs `Japua-i ,tq pazinbaz sum aougznsu! $u!,Crzapun am loo Jo zaglagm `spaaoozd aoueznsu! ,fug `21.1111zm III 0012u 0simz01.110 zamozzog pug Japua7 ssatun •zamozzog ,Cq ,Cildwozd apuw lou j! ssoi 3o jooid air to ,!gum zapua'i 1apua'i pug J0IJJ20 aougznsu! amt 01 aorlou ldwozd anI2 !rugs zamo.LIOg `SSO! JO 1110n3 0141 ui 0 R, :stetl[ui 9t3 0 LoSed 44(. ►0 VV }I %774 91 condemnation proceeds are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration. Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. 8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material information) in connection with the Loan. Material representations include, but are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal residence. 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b) there is a legal proceeding that might significantly affect Lender's interest in the Property and/or rights under this Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or regulations), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under this Security Instrument, including protecting and/or assessing the value of the Property, and securing and/or repairing the Property. Lender's actions can include, but are not limited to: (a) paying any sums secured by a lien which has priority over this Security Instrument; (b) appearing in court; and (c) paying reasonable attorneys' fees to protect its interest in the Property and/or rights under this Security Instrument, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water from pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned on or off. Although Lender may take action under this Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions authorized under this Section 9. Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger in writing. 10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurance previously Page 8of16 Initials: Form 3051 1 /01 •zapual o; mud aq pugs pun O1 paugisse ,Cgazaq axe spaao0zd snoauellaosryAI IId •01111I3J103 :spaaaoid snoaueliaasiy(l Jo ;uawu8lssy •uol ;eultuaa; ao uo1ellaauna !pus jo awl; ay; ;e pauaeaun an At ;ey; swnlwa.id aauiunsui a2e2;.tob&l Cue jo punjaa B anlaaaa 03 ioipue °Slieal ;ewo ;ne pa;eulwaa; aaueansul 92e2uow ay; aney o; °aaueinsuI a2e2po1A1 ay; ;o uol;ellaauea ule;go pun ;sanbai o; 'sainsopsip ule ;aaa anlaaaz o; ;OIa aq3 apnpul Amu s;yMa asagZ 'Mei .ta1130 Aug .to 8661 Jo 1 uol ;oa;ozd siaUMOawog ay; aapun aaueansui a2e2;aoytl ay; o; ;aadsai y ;im, ,Cue 31 set! .1antoaaog s ;gBia ay; pa33e ;ou ❑i s;uawaa.de yaps Any (q) •punpaj ,Cue 03 .1aAAo.1aog al ;l ;ua 3021 HIM fay; pue `aaueJnsul a2e2 ;.t0y.I zo3 aMO ❑IM Jamoiaog ;unowe 9y3 aseaaau! ;ou !pm s;uawaaade yaps •ueo-I ay; 3o swia; aaq ;o ,Cue ao '0aueJnsul a2e2 ;aojk .ioj Sect 03 paaa2e sin! .tan+oJJog ;eg; s ;unowe aq; pally ;o21 iilM s;uawaaae pus ,Cud (e) :zapund „'aouemsu1o1 antld12o„ patuul ualjo si luawa2u12u12 alp `.ca.msui ay; o; pied smniuiaid alp jo azegs a zo3 a8ueipxa ut )Isi.z s,za.msui alp Jo antis 12 sa)I121 zapuarl 3o 0 1E1tg3 12 2112 112141 sapinozd luawaaz512 dons JI •sassol 2uionpaz .10 'Asp s,zaznsui a2129uow ay; &uicppow zo 2utzegs .to3 a2u1214oxa ut `aoueznstq a2122uoyi .ro3 sluauu(ed s,.iaMouog 3o uoiizod a (s12 pazizalo12z1214o aq 1148!w .io) woz3 ani.zap 112 s ;unowe (iil;oa.npui z0 'Cl ;oa iip) aniaoa i Xew `8uio2azo3 alp Jo ,(ue 3o a;eiii a Au12 JO `41u0 .1014 ;0 Au12 `zaznsuiaz Aug `zaznsui za141ou12 `alo11 014; 3o .iasego.md iCu12 `.iapua-I `sluawaaz212 asag13o iinsaz 12 sy •(swniwazd aou12znsui ae2uoj, woz3 pauielQo spun3 apnioui /Cew 14oi14M) alg12liene met! /Cum zainsui a201.1ow alp 112141 spunj 3o aoznos 1(2112 Suisn VIM/CM 03Iew 0; iainsui 0201.1ow 0141 aiinbaz s;uawaai2e magi •sluawaaae asap of (saturd zo) /Cued .tatll0 ay; pm .1a.tnsui agagow 014; o; 1(aolo1JSII12s 0112 3124; suoi;ipuoo pue suua; uo 0.112 sluawaaz212 magi •sassol aonpaz .10 `)istz .1104; Appow .10 az1214s ;1214; sailed .zatl ;o 41!M sluawaa.z$12 OW! .103210 few pug 'amp 03 amp map 03.10) ui aoueznsui 14ons II12 uo )Isiz !um .210141 alunl12na s.1amsui age2uoyi •aou12.msui aae2uoyAl a141 01 kited 12 1021 si zaMOUOg •paaz512 s12 21eog a141 1i12da1 3021 swop .lamouog 3i _mu! ,C12w 11 sassol uieuao .io3 (glom atp sasggoznd ;1241 S4i ;ua 1(2112 .1o) zapua1 saszngwiaz ao2112znsui 02122 ioj •01011 a14; ui papinold am alp le Isaza ;211 led o; uoi1122ilgo s,10M0u0g s3o OI 21011o0S st11 211 8 ulallo 1 •M121 alg12oilddy ,Cq palinbai si uoi;12uiw.ia; !Thin .io uoil12uiuual goes .ioj uipinold zapua7 pu12 zaMOUOg uaaMlaq ;uawaaa12 ua111.iM A2112 14 ;!M aourpi00012 ui spua aau12znsui 0 12duow zo3 ;uawazmbaz mapua1 !thin `anzasaz ssol alg12punJaz -uou 12 apinozd 04 zo `100330 ui 0ou12znsul a201.1ow 21112;21112121 o; pazinbaz swniwazd 0141 ,Ced !Imp zam0uog `aou12znsul aMuoyAl zo3 swniwazd ay; pz12MO1 sluaw1C12d pal12uaisap Xlalez12das quit! 01 pazinbaz sum zamou0g pu12 211201 a141 2unl12w 3o uoi;ipuoo 12 s12 aoueznsui a u2uoyu pazmbaz zapua-I 3I •0ouPznsui &aa.ioj, zo3 swniwazd 0143 pz12M01 sluaw1i12d pa112a1sap ,Cla;12z12das sazinbaz zapua-i pug `patn12;go s1 `alg12li12n12 sawooaq u112512 zapua1 ,Cq paloalas zaznsui 2112 1iq papinozd (sazinbaz zapUa1 ;1224; pouad 0141 zo3 pu12 ;unowe 0141 ui) a12J0A03 0ou12znsul a21251Joyq3i sluau.1(12d anzasaz ssOJ annbaz za2uol 011 11123 zapua1 •0A10S0z ssol gons uo s221iuz120 10 ;Saza ;ui 1(2112 zaMOUOg 'cud 01 pazinbaz aq 1021 pegs zapua1 pu12 `IIn3 ui pied 1Ia112wi1[n st ue01 0143 ;1214; ;0123 0141 2uiput?1s141tM1ou `alg12punJaz -uou aq dells 0nz050z SSOI 14311S •aou12znsui a2u2pow 3o nail ui 0A1050z ssoi alg12punJaz -uou 12 s12 s ;uaw112d asatl; 'gum' pug asn `ldaoo12 !pm zapua7 •1oa330 ui aq 01 pas12ao a12zan0o aou12znsui a141 ua14M anp 0zaM ;12y1 s ;uaw1ed pa112212isap iCia112z12das 0141 3o lunow12 a141 zapua1 01 /Ced o1 anutluoo HMIs 10MO1J0 `algeii12n12 1021 si 0 12zanoo aou12znsui a21221JoyAl 1ual12ninba XIl12ilu12lsgns 3i •zapua'i ,(q paloalas zaznsui &allow 011221101112 2112 wag `100330 ut 6 l 9l 30 6 02nd Page 10 of 16 Initials: 793 If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the right to hold such Miscellaneous Proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may pay for the repairs and restoration in a single disbursement or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such Miscellaneous Proceeds, Lender shall not be required to pay Borrower any interest or earnings on such Miscellaneous Proceeds. If the restoration or repair is not economically feasible or Lender's security would be lessened, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall be applied in the order provided for in Section 2. In the event of a total taking, destruction, or loss in value of the Property, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. In the event of a partial taking, destruction, or loss in value of the Property in which the fair market value of the Property immediately before the partial taking, destruction, or loss in value is equal to or greater than the amount of the sums secured by this Security Instrument immediately before the partial taking, destruction, or loss in value, unless Borrower and Lender otherwise agree in writing, the sums secured by this Security Instrument shall be reduced by the amount of the Miscellaneous Proceeds multiplied by the following fraction: (a) the total amount of the sums secured immediately before the partial taking, destruction, or loss in value divided by (b) the fair market value of the Property immediately before the partial taking, destruction, or loss in value. Any balance shall be paid to Borrower. In the event of a partial taking, destruction, or loss in value of the Property in which the fair market value of the Property immediately before the partial taking, destruction, or loss in value is less than the amount of the sums secured immediately before the partial taking, destruction, or loss in value, unless Borrower and Lender otherwise agree in writing, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument whether or not the sums are then due. If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the Opposing Party (as defined in the next sentence) offers to make an award to settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply the Miscellaneous Proceeds either to restoration or repair of the Property or to the sums secured by this Security Instrument, whether or not then due. "Opposing Party" means the third party that owes Borrower Miscellaneous Proceeds or the party against whom Borrower has a right of action in regard to Miscellaneous Proceeds. Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun that, in Lender's judgment, could result in forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument. Borrower can cure such a default and, if acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Form 3051 1 /01 10/1 NOE u s,.JaMouog •(aloN aql aapun 1o3 papptoad s! amp 2uatuAgdaid a lot ao .1atpagM) aagto luatu,igdaid Aug lnogltM luatu,tgdaad tzilied a se parau aq IItM uotlonpaa am `jgdtauud saanpa.r punjat a ji •aaMOUog o1 luatu,Cpd loaatp g $upjeti ,Cq a0 OWN aq2 .zapun panto Igdlouud ag1 gu[onpa.i ,iq punjaa snjl a)jetu Ol asooga ,Celt aapua j •aaMouog of papunjaz aq !um sltui!! palltuuad papaaoxa gotgM Ja o.uog uzo.g paloapoo ,Cpeaq stuns Aug (q) pug !quill pailtuuad ail o1 aim aql aonpaa o1 ,Czessaaau lunouug at1 ,Cq paonpaa aq jjegs amp ugol tons Aug (p) :uagl 'squill paunuuad aql paaoxa ugo-I aq1 gijM uopaauuoo ut paloajjoo aq 01 10 palaalloa saaeta upoj aat1O 10 ;swap! alp 1 os palaadaalit ,Cjjeug Si Mg[ imp pug `Saaego u of ttntutxgtu slag totgM Mej g 01 1oa fgns si Ueo'j aq1 3I 'Mg1 algeoijddy ,Cq JO luauingsui ,cl►.tnoas sup ,Cq paltgttjotd ,Cjssaadxa aae 1g111 Saa3 amp 4011 ,tutu aapua'j •aa; tons jo gut nto all uo uotltgtgoad u se patulsuoo aq lot jjegs .1aMouog of aaj ogtoads a aai q 01 luatunllsuj ,ilunaas sup ut ,Cluogine ssaadxa 3o aouasge all `saaj 10410 Aug 04 p aa.i uj •saaJ uotlgnlen pug uotloadsut ,Cuadoad `sooj ,s,fataollg `o1 palttuij lot lnq Iutpnjout luatunusuj CiptioaS sup .upon slew pug ,cltad0ad 044 ut lsaaalui s,aapua'j auilaaload jo asodind aql .zoj ljngjap S,10MO1JOH 4IJM uotloauuoo ut pauuopad saoinaas .to3 saa3 .IaMOUOg agaggo Attu aapua'j •sa3aggj uuo' •bj •aapua'j 3o su2tsse pup saossaaons 044 lgauaq pug (0Z uotloas ut paptn0ad sg ldaoxa) putq !imp luatutulsuj ,Clunoas sup Jo smatuaaag pug slueuanoo at u, •2ut4LM ut amp.' tons 04 saaag .Iapua'I ssajun luatunusuj ,flunoas sup .iapun Aijigoij pure suotlggtjgo s,aamouog wag pasualaa aq lot Begs aamoaaog •luauutulsuj ,Clunoas sup aapun slgauaq pug 544 &1I s,aanloaaog 3o llg urelgo Hugs `aapua7 ,fq panoaddu si pug TutluM ut ltatunuSUJ Xlunaas sup aapun suotlaggo s,aamo1Og satunssg o4M aaMOaaog JO ;saaaluj u1 aossaaons Aug `g j uotloas Jo su0lstnoad all 011oargns •luasuoo s,aau5ts -oo at1 lnogl!M a10N am 10 luatunusuj ,Clunoas sup 3o shoal all 04 p1g201 t21M suotlgpourtu000g Aug )put 10 _magao3 `,Cl.ipoui `puma of 00120 Imo aamofog aaglo Aug pug aapua'j imp saaag (a) pug `luatutuisuj ,clunaas sup ,cq paanoas stuns all iced 04 paig2ggo ,Cjjeuosaad lot st (q) `luattnusuj ,Clunoas sup Jo stuaal aq1 aapun ,tl.zadoad all ut lsaaalut s,aau5ts -oo agl ,canuoa pug lug12 `a2u2notu 01 Apo luauinusui ,clunoas sup 2utu2is -oo sz (g) „aaugts -oo„ g) a1oN alp alnoaxa lot saop lnq luatu usuj ,Clunaas stir su2ts -03 oqM aaMOaaog Aug `aanaMOjq lamas pue lutof aq Hugs Aug!' pug suotlegtjgo S 10M0U0g Imp saaa& pug sluguanoo aamoIOg •punog sAssy pug s a0ssaaans :saaAs -oa :,fitjtggj7 !Lianas pue lutop '£I •,cpatuaa 10 lggu Aug jo astoaaxa all apnjoaad ao jo aanteM a aq 1ou jjetls `anp uatl mummy ag1 uegl ssal slummy ut 10 aaMOUog 30 lsaaaluj ut saossaoans 10 sailtlua `suosaad pattl wag sluatu,ied Jo aoueldoaog s,aapua'j `u01le11Ltij 1n0g11M `2utpnjout (pattaa 10 442[1 Aug ;jujsIataxa ut aapua'j ,iq aaugagagao3 ,cud •aaMOaaog Jo ;salaluj ut saossaoans Aug 10 aaMOaaog jgut2110 at1 ,Cq vein pugutap Sue Jo uoseaa ,Cg luatlnusuj Xl sup Aq paanoas stuns 0111 Jo uopeztiaoute 'Wow astMaatlo 10 luaul,cgd 103 aural puma 02 asap.' 01 s0 aaMOUOg J0 1Saaaluj ui aossaoons Aug lsuap dutpaaaoad aouau uuoa of paatnbaa aq lot ilgtjs aapua7 •aaMOUOg Jo vamp' tut saossaoons Aug 10 aaMOaaog Jo ,Cltjtquij all amp.' o1 algaado lot pegs .IaMOaaog Jo lsaaalui ui aossaoons Aug 10 aaMOaaog of aapua'j ,fq paluga2 luatunusuj ,Clunoas sup ,cq paanaas stuns ag13o uotlezgaotug 3o uotlgat spout JO luauu,Ced ao3 0111l4 041 JO UOISUOlxg •JOAIeM a ION aapua'I ,cg eatgigagaod :pasgalag loN .[aAO.iaog •ZI •z uotloas ut ao3 papt■oad aapao ag1 ut paildde aq pugs ,flaodoad ail jo aredaa 10 uotlelolsaa of patldde lot aag Imp spaaaoad snoaugljaasgAl IlY •aapua'j 04 pled aq llggs pug paAsse Xgaaaq aag ,Claadoad am ut lsaaalut s,aapua'j jo luatuatedwt mu 01 ajgglnqullg aag lggl sagttep aoj ultglo 10 pi sue jo spaaooad at u, •luatunusuj V61., a�atlr 9I J I I 02 sd f+a••4 s O 7 9 5 acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. There may be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice s,hall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument. If Borrower Page 12 of 16 Initials: Form 3051 1 /01 MI ME w' °d aoilou am pug Zz uoil0as 01 luunsznd zahouog OI uani2 aim oI 1Cltunuoddo pug uoiwzamou Jo aoilou agI •gdeagiud sup 3o sasodznd .ioj ajgsuossaz aq of pamaap aq !pm pouad atutl imp `uaNel aq duo uoilog uiuuao azojaq asdgla Ism gOigM pouad aunt s sapinozd Msq ajgeoijddy j.j •uoilou a u pauoo a)jel of aoilou gons 3o Su!Ai5 agl zal3u pouad ajgsuosuaz u olazag Aid zaglo am papzo33u pug gauazq paaljs gons 3o GI uotlpas jo sluatuazmbaz am glib aousijdutoo ut uant2 aoilou gons g2TM) 4uud .iaglo am pagilou seg .iapua' zo zaMouog gons !pun `luaturulsuI ,CltznOas sup `Jo uoseaz Cq paMo ,Clnp Cu e .co `Jo uoisinozd /We pagwuazq sug ,Cued iaglo am lugl saajju mtp .ro luatutulsuj ,Clunoas sigl of luunsznd suotlou s�CUud .zaglo am mop sasue lugl (ssejo a 3o zagtuawt am 10 lue5tul Ignpiniput ue zaglia su) not pu jujojpnf /Cuu 01 pawiof aq 10 `uiof `aouautt103 Scum .rapua' Jou .IaMouog zagliaM •zastg3znd aloN aql /Cg papinozd as!mmtpo ssajun aasugoind aloN aql icq patunsse mu azg pus zaotnzas usol zossaoons a of pauajsuu1l aq .ro .raopuas ugo' am glpM utgtuaz jjiM zaMouog OI suoiwaijgo ulotntas ugoj a2auotu am `a40N am Jo zasugoznd am imp zaglo zaopuas usoi u paoinlas Si tmo7 alp zaljuazatg pue pjos si Nom am JI •81.iopuas Jo .IaJsus14 Jo aoilou g Tim uoiloauuo0 ui sazmbaz Vdsg?j u0[luttuojuI 1aglo Xuu puu apstu aq pjnogs sluatuXud gpi4M of ssazppe am `zaoinzas ueo7 Maw am jo soppy pue atuuu a awls !pm goigt amp alp Jo aoilou uattum uani2 aq zaMozzog `zaoinzas ugo-I atjl3o a2usgo g sr atom m JJ •040N amp ales u of palulazun 1aoin,Ias uso-j amp SaSwggo OJOtu JO auo aq Ig2iut osje anti' ajgsoijddy pus `Iuatunzlsul iClunoas sup `atom am zapun suoiw2ggo 2uioinzas ugoj a2u2uout 101440 stuzojzad pug luaumzlsul ,Clunoas sup pus atom alp zapun anp sluatui' d otp0uad slaaijoo Imgl zaoinuas usorj„ am su uMou)j) i3ilua am ut ausgo u ut ljnsal Igpnu alas d Iamouog oI aoilou loud InogltM satuil 01011! 10 auo Nos aq uuo (luaumzlsuj ,Clunoas sup q3M 10g40 ol) a1ON 0113 ui lsazalU1 muted u 10 Olo■ agI •aauenapt9 Jo a39oN :aaajnaaS ueo7 Jo auuga :aloN Jo aigS '0Z 81 uoiloas zapun uoiwaajaoou 30 asuo am It! /Ciddg lou pegs alulsuia.' 01 145!1 sip `IanaMOjj •paun000 pug uopuzajao0u ()up se antloaJja Xjjn3 uietuaz pegs ,igazaq patinas suoile8ggo puu mammal' iflun0as sup. `IaMOUOg ,Cq luatualulsuiaz uodn •zaJsuezl spund otuozloajg (p) zO `.X.lilua 10 Xlgeluauuulsui `Xotta2e jezapa3 a 1Cq paznsu azs slisodap asogM uoilnlilsui uu uodn whelp si )Ioago gons /Cue paptnozd 5joag0 s,zatgsso .to 'joag0 s,zaznseazl 'loop olueq `}joago pagivao (o) :lapzo ICauotu (q) `.gsso (u) :zapua7 ,Cq paloajas se `suuo3 2u!Mojjo3 atp 3o azotu .to auo ui sasuadxa pus sums luatuawlsuiaz gaps iced laMouog lem a.nnbai ketu zapua7 •pa &ueg0un anuiluoo !legs `Iuatunzlsul XClunoas sup ,Cq pazn0as sums alp ,ied of uoiwaijgo s,.IaM000g pue `Iuatutulsul Xlunoas sup zapun sup.' pus Xuadozd am ui Isazalu! s,zapuai wgl aznsse oI azinbaz i jgeuossaz /Cum .tapua-j sg uoiloe gons swim. (p) pug `Iuatunzlsul ktun0as sup. .Iapun slg2u pus iCuadozd am ut ma'am! s,zapua-j 2uiloalotd Jo asodznd am .1o3 paunout saa3 zagww puu `saa3 uoiwnjun pug uoil0adsui itizadozd `saaj ,s,Cauaolw ajgsuosgaz '01 paliuzij low mg `2utpnj0ui `luaturulsul Xlunoas sup $ui0zoJua ui pawner sasuadxa jjs sited (o) !SMOU10012E 10 sluuuanoo zaglo Aug 30 ljnlJap ,iug sazn0 (q) `paun000 peg uotwzala0ou ou J! Se aloN am pue Iuatutu4SUj iJunoas sup zapun anp aq mom uagl gomm stuns jjg zapuaJ s,Cud (g) :zaMouog wql ale Suoilipuoo 0SOg I •Iuautnzlsul 'Clunoas sup 2ut0zolua Iuaut2pnf g 3o Azlua (0) zo `awlsutaz 01 142!J s,zaMouog Jo uoiwuiuual agI zo3 Xioads I4ptu Me-j ajgeoijddy se pouad zaglo gons (q) `.Iuaturulsul Xtun0as sup ui pauiuluoo ajgs Jo zaMOd Aug of Iuensznd XUadold am Jo ales azoJaq s,Cep ang (u) :jo magma alp 01 loud amp /Cue w panupuoastp lwatunz;suj i4un0as sup Jo luatuaOIOJua snug 01 I112iz alp ansg pegs zaMOUOg `suoilipuoo ureua0 slaatu zaMOUOg Jj •uoilg1ajaaoy lawJ/ alelsuiag of I4211I s,J0At0.Uog •6i *I0M011011 uo pugtuap JO 0011011 Jammu InogliM Iwatunzlsuj iClun0as sup. /Cq palltuuad saipautaz Aug a)Ionui ,Cum zapuo `pouad sup Jo uoiwzidxa am of loud stuns mom iced 01 sjiu3 961, :S'EII[u' 91 Jo £I aged of acceleration given to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective action provisions of this Section 20. 21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any response action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances, or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance, creates a condition that adversely affects the value of the Property. The preceding two sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the Property (including, but not limited to, hazardous substances in consumer products). Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any Environmental Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substance which adversely affects the value of the Property. If Borrower learns, or is notified by any governmental or regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. NON UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the non existence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its option may require immediate payment in full of all sums secured by this Security Page 14 of 16 Initials: 791 Form 3051 1 /01 10/1 TSO£ wzog •2uiwoiCM JO semi uoi ;duxaxa pea;sawog aga 3o an;zin pus zapun s;gdiu ire SAM pue saseaiaz zamozzog •saanIum •tz •nvu-i aiquoxiddy zapun paniuuad si aaj alp 3o 2upzugo ag; pus plop= sows zo; ,Sized pzig; u o; pied s! aa; ay;;! /quo ;nq ;uawnz ;sui Aipnoas srgx 2uiseaiaz .to; aa; u zannozzog a2zeyo iSew zapuo' *slam uou pzooaz Attu /Cud hugs zamo.uog ;uawnz;sui 4znoas sig; amp.' Bugs zapua7 `;uawn x;sui sit; i(q pampas scans liu ;o ;uawXed uodn •aseapa a •£z ;i o; pal ;i;ua Site2a1 suosaad .co uosaad ay; o; ssaaxa ,Cue (a) puu :;uawna;sui S ;lamas siq; Aq paanaas scans He o; (q) :saa; ,s/SauJo; ;e algeuosea.z 'o; pa ;iwgi ;ou ;nq '3uzpnlaui 'ales ay; jo sasuadxa lle o; (u) :.iapao 2uinkoijo3 ay; ui pagdde aq Heys ales ay; jo spaaaoad aq,L •ales Cue ;e 4 ;aadoad ay; aseyaand Sew aauaisap s ;t ao aapuari alquaiiddy Aq paquosaad .zauuew ay; ui plos aq pugs £;.zadoad ay; pu 'is jo aai ;ou ay; gsilgnd Hugs .iapua' 'Si uoipas ui papinoad aauuew ay; ui ianto.uog o; ales ay; jo aoi ;ou 0,4 pegs capuari •uteri algeaiiddy q;int aauepaoaae ui ';uaaa33ip ;i ',C;.zado.zd ay; jo uoissassod ui uos lad ay; o; pun aaMoa.zog o; asolaaao; o; ;ua ;ui ;o aai ;ou Nuys Japua7 'ales jo aaMod ay; salonui iapuari 3i •aauapina ai ;i ;o s;soa pue saa; ,s,Cauzo; ;e algeuoseai 'o; pa ;iwg ;ou ;nq '2uipnpui 'zZ uoi ;aas siy; ui pappload saipawai ay; 2uzns.znd ui paaanaui sasuadxa pe ;aailoa o; pal ;i ;ua aq Nuys .zapuari •uteri alquaiiddy Sq pa;;iwaad saipawa.z .zay ;o Cue pue ales ;o aaatod ay; alonui Sum pug pueuzap aay ;an; ;noymit ;uawnz;sui 6 4 :s 9 i Jo S I aged BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any Rider executed by Borrower and recorded with it. Witnesses: c c_ i d0 y -r, e.c.- STATE OF iuterMINc, The foregoing instrument was acknowledged before me this JAY NILSON and RAE LYNN NILSON husband and wife. My Commission Expires: c"O Page 16 of 16 (Seal) Borrower (Seal) Borrower (Seal) Borrower r, e 5 U County ss: l,/ C f by Form 3051 1 /01 799 (22 W:sigplui £Jo1a i0 /i OSi£ w .LN H'.If12LLSNI I4 R03INI1 a1I1I alppaadasl4l aluuB3 IIIWEd 21 U!S 1IatRI QIId a.LVISI1111I11 kz meJslpus sI gOIgM i(padoid alp 2uunsui ,Coijod laAugiq„ zo zalsuw„ u `zauzgo aoug.insui paldaoou iCjjgzaua g glint `sulglujgw uoilutaossy saauMO aql su &uoj oS •aaueansui £l.iadoad g °sluaunoo j luonuuuoj agl oI luunsznd pasodun sivawssassg pug soup iju `anp uaiM `,Cud Xjiduto.id Hugs .IaMO.uog •uoilgioossy szauMO agl Jo suoi1ujn2az .co sajnz .1ag10 z0 sMUj -Xq /Cue (jII) pug `uoptIoossy szauMO alp saluazo gO!1M IUawnOOp luajgninba Ate JO luauingsui lsnzl `uoiluzodzooui jo saloiug (n) `.uolpuzgloaU (I) agI azg „s1uauinooG luanll1suoJ„ ata •sluauinoou luanljlsuoD skied alp zapun suollu2Ijgo mannouog jo jju uuojzad Hugs zaMO.uOH •suojlaljg0 Qfld 'v :sMojjoj Su 001g8 pug 1UEUOAOO zaqun3 zapuaq pug zaMOLIOH `Iuawnzlsui IClunOas alp uI apgw s1uawaaz;Iu pug siuuuanoo agl oI uoilippu uI 'SINVNHAOD and •lsaza maMo.uoglo spaaoozd pug slgauaq `sasn alp pug „uol1gl3ossy szauMO„ agI) Qfld alp Jo saIIIJIOuj puu suazu uouzuioO ag1 1.112uuuux 41110 luajgnmba .10 UOIIuiOossu szauMOauiog ag1 uI Isazalui mannozzog sapnjOUi oslg IC1°Iadozd ag.L .(„and„ alp) [luawdolanaQ llufi pauueld Jo atuum HONV I AHTIVA 2IVZS sg uMOU)j luaUldojanap Ilun pauugjd g Jo lid u s! ICUadozd agi •(„uojluzujoau„ ag1) SNOIZDIPIISH2I QNV SZNVNHAO0 HONV I AHTIVA IIVLS uI paquosap se `sougioul pug suazg uoUZUZOO uigua3 pug s[aozgd Bons zaglo 41IM .Iog10 o1 TugjaMp u gpiM panozdun pug! jo pond u `oi palluq lou sI Inq `sapnjoui Cizadozd :lu pa1uooj pug Iuaum Ilsui /ClunoaS agi uI paguosap Spadozd alp 3uilano3 puu am) mugs agI jo („zapuari„ 040 HVII1 AO }INVI 01 NON S moos oI („zamouog„ agl) pau2Iszapun alp ,Cq uanl2 `alup 011125 0111 jo („Iuaunzisui XlunoaS„ am) pact Allmon zo `Isnzj Jo poo `a2g21.low agI luawajddns puu puauig of pump aq !lugs pug olul pa1gzodzooui sI Put `i00Z `ludy JO ICgp glZj Slgl apuw s! U IUDs .LNHIAMO'IHAHQ IINfl QHNNV'Id SIH.L OOP [ssaippy ,Cpadoid] LZI£S ONIIIIOAM `aNAVH.L `HARIQ N3d2IO2IIA3 1 2I�QI2I ZNHIAMO'IHAHQ IINfl QHNNV'Id OS t £OSn Page 2 of 3 to Lender and which provides insurance coverage in the amounts (including deductible levels), for the periods, and against loss by fire, hazards included within the term "extended coverage," and any other hazards, including, but not limited to, earthquakes and floods, for which Lender requires insurance, then: (i) Lender waives the provision in Section 3 for the Periodic Payment to Lender of the yearly premium installments for property insurance on the Property; and (ii) Borrower's obligation under Section 5 to maintain property insurance coverage on the Property is deemed satisfied to the extent that the required coverage is provided by the Owners Association policy. What Lender requires as a condition of this waiver can change during the term of the loan. Borrower shall give Lender prompt notice of any lapse in required property insurance coverage provided by the master or blanket policy. In the event of a distribution of property insurance proceeds in lieu of restoration or repair following a loss to the Property, or to common areas and facilities of the PUD, any proceeds payable to Borrower are hereby assigned and shall be paid to Lender. Lender shall apply the proceeds to the sums secured by the Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. C. Public Liability Insurance. Borrower shall take such actions as may be reasonable to insure that the Owners Association maintains a public liability insurance policy acceptable in form, amount, and extent of coverage to Lender. D. Condemnation. The proceeds of any award or claim for damages, direct or consequential, payable to Borrower in connection with any condemnation or other taking of all or any part of the Property or the common areas and facilities of the PUD -or for any conveyance in lieu of condemnation, are hereby assigned and shall be paid to Lender. Such proceeds shall be applied by Lender to the sums secured by the Security Instrument as provided in Section 11. E. Lender's Prior Consent. Borrower shall not, except after notice to Lender and with Lender's prior written consent, either partition or subdivide the Property or consent to: (i) the abandonment or termination of the PUD, except for abandonment or termination required by law in the case of substantial destruction by fire or other casualty or in the case of a taking by condemnation or eminent domain; (ii) any amendment to any provision of the "Constituent Documents" if the provision is for the express benefit of Lender; (iii) termination of professional management and assumption of self management of the Owners Association; or (iv) any action which would have the effect of rendering the public liability insurance coverage maintained by the Owners Association unacceptable to Lender. F. Remedies. If Borrower does not pay PUD dues and assessments when due, then Lender may pay them. Any amounts disbursed by Lender under this paragraph F shall become additional debt 801 Form 3150 1 /01 I0 /I OSI£ WJOg 1 MOJJ (IAaS) Iamouog- (igaS) FO8 zapi?I and sigl ui pauigluoo suoisinozd pug suual alp of saa.au pug sldaoog .Iamouog `MO'Idg DNINOIS Ag •luatuicgd uilsanbaa zamouog of .iapua7 wag aoilou uodn Isazalui gl1M `alquicgd aq jjggs pug awl aloN agl lg luautaszngsip 3o algp a wog lsazalut nag Begs slunouig asap `;uauagd 3o suual zaglo of aaz2g zapua7 pug zamouog ssaiun ivauinzisul Sliznoas alp ,Cq paznoas zamouog jo 12 MOU O g- (IgaS) SECOND HOME RIDER 80 THIS SECOND HOME RIDER is made this 12th day of April, 2001, and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the "Security Instrument of the same date given by the undersigned (the "Borrower" whether there are one or more persons undersigned) to secure Borrower's Note to BANK OF UTAH (the "Lender of the same date and covering the Property described in the Security Instrument (the "Property" which is located at: 264 EVERGREEN DRIVE, THAYNE, WYOMING 83127 [Property Address] In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree that Sections 6 and 8 of the Security Instrument are deleted and are replaced by the following: 6. Occupancy. Borrower shall occupy, and shall only use, the Property as Borrower's second home. Borrower shall keep the Property available for Borrower's exclusive use and enjoyment at all times, and shall not subject the Property to any timesharing or other shared ownership arrangement or to any rental pool or agreement that requires Borrower either to rent the Property or give a management firm or any other person any control over the occupancy or use of the Property. 8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material information) in connection with the Loan. Material representations include, but are not limited to, MULTISTATE SECOND HOME RIDER Single Family Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3890 1/01 usc3890 Page 1 of 2 Initials: representations concerning Borrower's occupancy of the Property as Borrower's second home. BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions contained in this Second Home Rider. (Seal) Borrower (Seal) Borrower Page 2 of 2 80 4 (Seal) Borrower Form 3890 1/01