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(D) "Lender" is GreenPoint Mortgage Funding, Inc.
BBAT -09
wi�r; 6A(WY) (0005).01
n
Page 2 01 15
343
Lender is a corporation
organized and existing under the laws of The State Of New York
Lender's address is 1100 Larkspur Landing Circle, Suite 101
Larkspur, California 94939
(E) "Note" means the promissory note signed by Borrower and dated April 3, 2001
The Note states that Borrower owes Lender
One Hundred Fifty Seven Thousand Two Hundred Fifty and 00 /100tha Dollars
(U.S. 157, 250.00 plus interest. Borrower has promised to pay this debt in regular Periodic
Payments and to pay the debt in full not later than May 1, 2031
(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 all sums due under this Security Instrument, plus interest.
(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]:
Adjustable Rate Rider n Condominium Rider Second Home Rider
Balloon Rider LxJ Planned Unit Development Rider 1-4 Family Rider
VA Rider U Biweekly Payment Rider Other(s) [specify]
(I) "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,
non appealable judicial opinions.
(J) "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.
(K) "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.
(L) "Escrow Items" means those items that are described in Section 3.
(M) "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.
(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on,
the Loan.
(0) "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.
(P) "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.
0102677317
Form 3051 1101
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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 Instrument shall be made in U.S.
currency. However, if any check or other instrument received by Lender as payment under the Note or this
Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments
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) certified check, bank check, treasurer's check or
cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a
federal agency, 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.
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 Items at any time. Any such waiver may only be
in writing. In the event of such waiver, Borrower shall pay directly, when and where payable, the amounts
BBAT -09
6A(WY) (0005).01
0102677317
Initials:
Page 4 of 15 Form 3051 1101
345
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08
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. What 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.
In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender
may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree
in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, 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 insurance 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 disburse proceeds for the repairs and restoration in a single payment 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 insurance proceeds, Lender shall not be required to pay Borrower any
interest or earnings on such proceeds. Fees for public adjusters, or other third parties, retained by
Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If
the restoration or repair is not economically feasible or Lender's security would be lessened, the insurance
proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with
BBAT -09
l 6A(WY) (0005)01
Page 6 of 15
0102677317
Form 3051 1101
347
1011. •SOC W.Joi gT Jo j BBB 10'0000) (AM)V9
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O8 8.i
attorneye 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 in effect, from an alternate
mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is not
available, Borrower shall continue to pay to Lender the amount of the separately designated payments that
were due when the insurance coverage ceased to be in effect. Lender will accept, use and retain these
payments as a non refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be
non refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be
required to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss
reserve payments if Mortgage Insurance coverage (in the amount and for the period that Lender requires)
provided by an insurer selected by Lender again becomes available, is obtained, and Lender requires
separately designated payments toward the premiums for Mortgage Insurance. If Lender required Mortgage
Insurance as a condition of making the Loan and Borrower was required to make separately designated
payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to
maintain Mortgage Insurance in effect, or to provide a non refundable loss reserve, until Lender's
requirement for Mortgage Insurance ends in accordance with any written agreement between Borrower and
Lender providing for such termination or until termination is required by Applicable Law. Nothing in this
Section 10 affects Borrower's obligation to pay interest at the rate provided in the Note.
Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it
may incur if Borrower does not repay the Loan as agreed. Borrower is not a party to the Mortgage
Insurance.
Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may
enter into agreements with other parties that share or modify their risk, or reduce losses. These agreements
are on terms and conditions that are satisfactory to the mortgage insurer and the other party (or parties) to
these agreements. These agreements may require the mortgage insurer to make payments using any source
of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage
Insurance premiums).
As a result of these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer,
any other entity, or any affiliate of any of the foregoing, may receive (directly or indirectly) amounts that
derive from (or might be characterized as) a portion of Borrower's payments for Mortgage Insurance, in
exchange for sharing or modifying the mortgage insurer's risk, or reducing losses. If such agreement
provides that an affiliate of Lender takes a share of the insurer's risk in exchange for a share of the
premiums paid to the insurer, the arrangement is often termed "captive reinsurance." Further:
(a) Any such agreements will not affect the amounts that Borrower has agreed to pay for
Mortgage Insurance, or any other terms of the Loan. Such agreements will not increase the amount
Borrower will owe for Mortgage Insurance, and they will not entitle Borrower to any refund.
BBAT -09
6A(WY) (0005).01
Page It 0115
Initials
0102677317
349
Form 3051 1101
10 /1. LS0£ WJod
LT£LL9ZOTO
—51 1 31e0
St lO 6 e6ed
tois000) (AM)v9- P
60 JAMS
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08 58(1
12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for
payment or modification of amortization of the sums secured by this Security Instrument granted by Lender
to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower
or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against
any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify
amortization of the sums secured by this Security Instrument by reason of any demand made by the original
Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or
remedy including, without limitation, Lender's acceptance of payments from third persons, entities or
Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or
preclude the exercise of any right or remedy.
13. Joint and Several Liability; Co- signers; Successors and Assigns Bound. Borrower covenants
and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who
co -signs this Security Instrument but does not execute the Note (a "co- signer (a) is co- signing this
Security Instrument only to mortgage, grant and convey the co- signer's interest in the Property under the
terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security
Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or
make any accommodations with regard to the terms of this Security Instrument or the Note without the
co- signer's consent.
Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes
Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain
all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from
Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in
writing. The covenants and agreements of this Security Instrument shall bind (except as provided in
Section 20) and benefit the successors and assigns of Lender.
14. Loan Charges. Lender may charge Borrower fees for services performed in connection with
Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this
Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees.
In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific
fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge
fees that are expressly prohibited by this Security Instrument or by Applicable Law.
If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so
that the interest or other loan charges collected or to be collected in connection with the Loan exceed the
permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the
charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted
limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal
owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the
reduction will be treated as a partial prepayment without any prepayment charge (whether or not a
prepayment charge is provided for under the Note). Borrower's 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.
BBAT -09 0102677317
h 6A(WY) (0005).01
Initials
Page 10 of 15 Form 3051 1/01
351
L011 LSO£ WIOJ
LT£LL9Z0T0
4L jo LL stied
1o'(9000) (AM)V9-WI
60 -DIEM
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o; aot;ou loud ;nogp►M sauiu a.iotu JO ouo Nos oq uto (.uatututsul ,(;unoas sup pm 1oq ;ago;) a;oN aq3
ui IsaiaJu! puled a .io mom o4I •aauunaU9 3o aapom :aaalnaaS usoZ ;o amnia :a;oN 3o aP S •0Z
•81 uoip os iopun uoi ;eual3OOU jo asto ag. ui ,Cldde
Jou -lugs ame;sutat op pggu sup `Jonomon •pazm000 pug not ;tialaoot ou 3t st anlpoajja Allnu mutual -lugs
,(gong painoas suoipugilgo put ;uauitu;sul ,(.moos slip `laMoziog ,Cq 1uauuame;sutaI uodn •iajsueij spund
Otuo.uOa -g (p) 10 !,C;t.u° io ,(;ijRuatutu ;sut `,Couage 'mom t ,(q palnsut ale s;isodap asotM uoi ;tut ;sui uu
uodn umuip si rago gons Aug papinoid 'vow s,ia111Se3 10 ratio s,zainseaa. Vogo Aueq ',pogo pat31piao
(o) `.Sapm ,(auouu (q) °gsto (u) :.zapua-1 ,Cq papa -os se `suuo3 2uiMollo3 042 jo atom 10 ouo ui sosuodxo
put stuns ;uauua ;e;sutat gons ,Cud .1amoziog ;eq; a.iinbai Amu iapuo l •poSutgoun anal ;uoo Hugs ;uauittusul
Allmon sup ,(q pamOas stuns am ,Ced op uotjegtlgo s,xamonog put ;uaunu;sul ,(;unoas sup iopun sup.'
put ,(padold agp ui ISOIOpul s,Iapuo'l pail amuse op altnbat ,Clquuosta.i ,Ctui .1apuo l se mum gons sods.
(p) put 'puaunu;sul ,C2 stq; iopun sup.' put 4Iadoid agp ut 25013mu! s,1opuo l gui;Oa ;old 3o asodind
am Jou pazunoui saa3 .Iagpo put `sat; notpen -en put uoi;oadsui ,(p odojd `sot; ,s,(auio ;t algeuoseai `o;
pa ;taut- you ;nq `gutpn -out ;uatun.usul ,i;unoas slip guto1O3ua ut pozunOUt sosuodxo I-e s,ied (o) `s ;uouuaaige
io s.utuanoo iaq;o Aug jo ;jnejap ,Cut saino (q) °pa.un000 pug not;elalaooe 011 31 se Opal- agp put ;uauin.0 ;sal
,(;unoas sup .iapun onp oq .-nom uoq; goyim stuns Ile iapuo l s,ced (e) :1oMoziog peg; ale suoi;ipuoo
asogl, ;uauutu ;sal ;moos sup guio.UO3ua ;uauigpnf a 3o Ai ;ua (o) so `a ;e;sutai at ;Op s,lamoziog
3o not ;eurnua; aqp Jo3 43ioods iggttu mu-1 a- geotlddy sr pouad 1aq ;o gons (q) ;uatuni sui ,(;moos siqp
ui pautu ;uoo ales Jo ioMOd ,(ue op ;uensmd ,(padoid aqp jo ales aiojoq s,(ep amyl (e) :3o ;satlita agp op loud
aunt; Aug .e panty ;uoo$tp ;uauutupsul ,C ;unoas slip 3o puautOOaojua snug 01 pggu am mug hugs SOMOUOg
`suot.ipuoo ute spout lOMO.uog 3I •u0pe.ialaaay .ua ;3d a ;e;suml 0; ;Om s,aaAto.t.uog •6I
•1aMO.uog uo palatal 10 aot ;ou iag.ng mown ;uatutu;SUI ,(;unoas
sup ,(q pa ;nuuad soipatuai Aug a)lonui ,(eau iapua-1 `pouad suit jo uoipeiidxo aqp op .loud sums asagp
,(ed op sjie3 10MOZiog 3l ;uatutWsul ,C ;unoas sup ,(q pomoos stuns 11e ,Cud psntu IaMO.uog gotgM utq ;!M
g1 not ;oas gptM oOueplo00e ul uanig si aoy ;ou ant app aqp wog s,Cep OE ueq; sSal ;ou JO pouad e op/told
11egs a01 ;0u atl 1, •toy ;u.Ialaaoe 3o ant ;ou Iamozuog anti hugs 1apua-1 `tot ;do slip sastoiaxa .Iapua'l ui
Mel algeotl
,iq po ;igygoid Si asIoiaxa gons 31 10puo-1 ,Cq pastoiaxa oq ;ou lltgs not ;do sig; `ianamol-1 •;uatunusul
,2unoas sup pampas stuns Hu jo IIn3 ut puatuXud o;utpatuutul annbat Amu zapuoi `;uasuoO minim
.ioud s,iopuo' ;nog ;iM (pauajsuezp .IO Nos sy nmo.0 g ui ;sa1a ;m Itiogouaq a pus uosiod minim a Jou st
l0Moziog 3i ao) pauajsut.I1 10 Nos si ,(..tadold alp ut .sa1a;ul ,cut Io ,(padoid agp 3o paled Aug 3o Ile 3I
•.iasegoind a o; amp anutt3 a ;e .la,Mo.uog ,Cq alpp 301ajsut q ag, sy goi4M Jo pop! all; `;uatuaalge Molosa
�o ;oezpuoo salts ;totally. ;sat `poop Jo3 ;ouquo0 `poop iou puoq a ut paziajsumi s ;sag0Jut letopauaq mom `0;
pa;yuuil Jou ;nq `gutpnlout' `4Iadoid agp ui Isamu! te1ououaq so legal Aug sueow „,C;1adold am ut Jsa10Jul„
`81 not ;pas slip ut pasn sy %lamto.taog ul ;saaa;uI lala13auag u .10 ,u.tadoJd agp 30 1aJsutal, •gl
;uatutu ;sUI ,C ;unoas si.; 3O put alms' aqp 3o ,Cdoo ouo UOAI2 aq urns laMOZtog 1d03 s,.taMO..tog •L l
•uoi;oe Aug axle;
op uopegilgo ,Cue ;nogptM uoipa1osip a-os sanyg „,Ceuu„ plonk am (o) put !tom 03tn pus lemld agp °pnloui
put ueow liegs imams agp ui sp1Om (q) `iapuag autuiuua3 aqp 3o sploM JO slalom Jp ;nau gutpuodsaztoo
apnlOUi put ueow lletls aapuag aui- noseuu alp Jo sp.IOM (e) ;uatunusul ,C;unoos sup ui pasn sy
•uotstnoId guuoipuoa 04l; ;nog 1M ;oa33a uanig
oq ueo goygM mot am so mammal' ,C ;unoas sup 3o suotstnold uaq ;O paw .ou hugs lOtguoO gons `Me'l
o- geoiddy g.1M sp gjuoo a.oN am 10 ;uatunusul ,C. unoas sup jo asne -o so uoisinold ,cue imp Juana aqp
ul •Jotapuoo ,cq ;uowooige ;sutege uoipigigold a se panusuoo oq ;ou -lugs aoualis talons ;nq `;talus act ;ggiuu
10 ;oe.i ;uoo ,Cq aoigu 03 sound am moue ,((;ioilduut 1O Al;iolldxa ;ggiuu mei olgemilddy Me-1 algeotlddd
jo suot.e.iwq put: s ;uatua.zinbai Aug o; pofqns are ;uatunusul ,(.moos sup uy pauitpuoo suouegtlgo
pus s.ggti lly •pa ;tool si Aiodold agp 4014M ut uot;OUpsunf all; 3o mu' am put Mel leiapo3 ,iq pausonog
oq iiegs ;uauu1U ;sal Allmon stud, •uopana;suoD 3o salmi :B ;illge.ianas :Mt1 Sulu.ianoo •91
087258G
requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is
serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations
to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not
assumed by the Note purchaser unless otherwise provided by the Note purchaser.
Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an
individual litigant or the member of a class) that arises from the other party's actions pursuant to this
Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by
reason of, this Security Instrument, until such Borrower or Lender has notified the other party (with such
notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the
other party hereto a reasonable period after the giving of such notice to take corrective action. If
Applicable Law provides a time period which must elapse before certain action can be taken, that time
period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and
opportunity to cure given to Borrower pursuant to Section 22 and the notice 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.
BBAT -09
h; 6A(WY) (0005).01 Page 12 of 15
0102677317
Form 3051 1/01
353
•O/I LSOE LUCIA
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60 —.WEIS
•EututoSM jo sME( uoudtuaxa
pea ;satuoq au; 3o aflpin Jig pug .capun s ;q3u IlE sanWM puB saseaiat aaMO.uog •sian!UM •6Z
mE-1 aiggoiiddd Japun pa ;iuuad si aaj aq; jo Suiaiutio
aq; puE paiapuas soot uas .toj Surd pp►q; u o; pad s► aaj ati; 3i /quo ;nq ;uatunusul S;unoas sig; &utszaiaz
ion aaj aanno.uog adiugo SEUt iapuan s ;soo uouspiooai Sur Sid Tugs .tamouog ;uautn.usul 4.moas
sup asua(at (Tugs iapua-I ';uatungsul S ;imoas sup Sq painoas stuns Hu jo ;uatuArd uodn •astapau •£Z
;t o; pal ;t ;ua suosiad .to uosiad aq;
o; ssaaxa Bug (a) put.:;uawn.p ;suI S;tanaas mg; Sq pa.pnaas scans Tie o; (q) :saa3 ,s,Cauio ;t, apquuosea.z
`o; pa ;lwll ;ou pig 'Nulpnlaul 'ales aq; jo sasuadxa 'Ie o; (e) :lap() 4uptiolio3 aq; ut patpddo
aq llgys ales ay; jo spaaaoad aq j •ales Sue ;e B ;aadoJd aq; ast:yaJnd Amu aaugisap s ;l .Jo iapuai •Merl
aiquallddy Bq pagpasald aauuetu aq; ut epos aq Heys S ;.iadoid aq; pue 'ales jo oat ;ou aq; gsllgnd
Hugs aapul •s1 uot;aas tit paptnoad aauugw aq; ut aan+oJiog o; ales aq; jo aat;ou anti lugs .papuarl
•MwJ algeailddy quit aauupaoaan m ';ualaJ;tp 3t 'Bp.padoid aq; jo uotssassod ut uoslad aq; o; pue
Janto.p pot o; asoiaaaoj 0; ;ua;ut 3o oat ;ou anta (tugs aapua' 'ales 30 Jamod aq; swim; .papua1
•aauaptna al ;c; jo s ;soa pue saaj ,sSau:po; ;e apgeuoseal
'op pa ;twat ;ou ;nq '2utpnput 'ZZ uot;aas step ut paptnold satpatuaa ay; Sutnsand ut paJanaut sasuadxa
tie ;oa((oa o; pal ;t ;ua aq hugs .papuarl •Mtq aiquagddd Sq pap;ttu.pad satpawa.t aaq ;o Sue put opts
jo .pamod aq; alonut Sulu put putwap .pay ;Inj ;nog3 M ;uatuna ;suI S ;tanaas sty; Sq paanaas stuns lie
jo itn3 ti; ;uawSud a;etpalulut a.ttnba.t Sulu not ;do s ;t ;e .papuarl 'aat;ou aq; ut paupads a ;ep aq; a.pojaq
po uo paJna ;ou st ;Inejap ay; 31 -ales put uotp.pa(aaae o; JaAto.pUOg ;o asuaJap aag ;o Sue Jo ;InUUap t
3o aaua;stxa -uou ay; ;.passe o; not ;ae ;rnoa a 2upq o; ;qS J aq; pug not ;eaapaaat .came a ;e;suta.t o; ;Op
aq; 3o aamoaaog luaoJut lay;.cn; Bugs aatpou atu, •Sp.pad0Jd aq; ;o airs put ;ualuni ;su1 S ;t.pnaas sty;
Sq pa tnaas stuns ag; 3o not ;g.palaaat ut ;lnsai Sulu aat;ou ay; ut pagpads amp aq; aiojaq JO uo ;Inew
ay; a.pna o; a.pnituj leg; (p) pug :palm aq ;smut ;Int;ap ay; gatgm Aq 'aaMoaaog op uanIS s; aa!Iou aq;
a;ep aq; moa3 sSep in tulip ssai ;ou 'a ;tp it (a) :;intjap ay; aim o; pa.nnba.p uot;ae ay; (q) ;tnejap ay;
(g) :S31ads'legs oat;ou aqZ •(astnt taglo saptnoad Atari aigtag(1d 7 ssa(un 81 uot;aas .papun uot;eialaaat
op .pot.td ;ou ;nq) ;uawna;suj S ;t.pnaas stq; ut luatuaaJge Jo ;utuanoa Sut jo yata.tq s,aamoldog
But,NOIIo3 not ;taataaau o; aoRd 1 Mtoxiog o; aap ;0u 3,42 (Tugs aapua•1 •satpatuau :uot ;e.ta'aaay •ZZ
:sMoiioj sE =SE puE ;uuuanoo .tag;.tnJ .tapuan puE .tamo.uog •S.LNVNgAOO 1,11IO.JINfl-NON
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:
t 6A(WY) (0005).01
Mar E Skapple
355
(Seal)
Borrower
(Seal)
Borrower
(Seal) (Seal)
Borrower Borrower
(Seal) (Seal)
Borrower Borrower
(Seal) (Seal)
Borrower Borrower
BBAT -09 0102677317
Page 14 of 15 Form 3051 '1101
1011 190£ w1o3
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0872586 35i?
PLANNED UNIT DEVELOPMENT RIDER
THIS PLANNED UNIT DEVELOPMENT RIDER is made this 3RD 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 to secure Borrower's Note to
GreenPoint Mortgage Funding, Inc.
(the
"Lender of the same date and covering the Property described in the Security Instrument and located at:
191 Barberry Way, Thayne, Wyoming 83127
[Property Address]
The Property includes, but is not limited to, a parcel of land improved with a dwelling, together with other
such parcels and certain common areas and facilities, as described in
the Declaration of Covenants, Conditions and Restrictions of record
(the "Declaration The Property is a part of a planned unit development known as
Star Valley Ranch
[Name of Planned Unit Development]
(the "PUD The Property also includes Borrower's interest in the homeowners association or equivalent
entity owning or managing the common areas and facilities of the PUD (the "Owners Association and the
uses, benefits and proceeds of Borrower's interest.
PUD COVENANTS. In addition to the covenants and agreements made in the Security Instrument,
Borrower and Lender further covenant and agree as follows:
A. PUD Obligations. Borrower shall perform all of Borrower's obligations under the PUD's
Constituent Documents. The "Constituent Documents" are the (i) Declaration; (ii) articles of
incorporation, trust instrument or any equivalent document which creates the Owners Association; and (iii)
any by -laws or other rules or regulations of the Owners Association. Borrower shall promptly pay, when
due, all dues and assessments imposed pursuant to the Constituent Documents.
MEAT -09 102677317 1/01
MULTISTATE PUD RIDER Single Family Fannie Mae/Freddie Mac UNIFORM INSTRUMENT olm 3150 1101
Pagel of 3 Initials: f
-7R (0008) VMP MORTGAGE FORMS (800)521 -7291
1011 OS1£ wuoA
LtELL9Z0t0
;o z e6ed (e000) ate
60 -axes
;uauuAed Sut;sanbaz iamouog o; zapua-I uuoz3 aot;ou uodn `;saza;ut
tmm `alge,Ced al Hugs pus owl a;oN aq; ;m ;uauzaszngstp jo am; am uuoij Isamu! zuaq !lugs s;unoure
asaq; `;uatu,Csd jo suua; .iaq ;o o; oat &m zapua'I pus zamonog ssalun ;uatut usui ,lungs aq; ,cq paznaas
zamortog jo ;cap leuot;tppn ammo(' llmgs 3 gdv2ezed stq; zapun zapua-1 ,Cq paszngstp s ;unour Auy •uuaq;
,Cud ,Cent zapua-I uaq; `anp uagm s ;uautssasse pus sang and And ;ou saop zamouog 31 •satpatuag rj
zapua I o; algs ;daoosun not ;stoossy siaump au; ,Cq pauts;utsuz aRmanoo
aoueznsut Atltge!! oggnd ag; 5uuapuaz jo ;oojpa aq; ansq mom gotgm not ;om Aug (Al) io `uoi ;ntoossy
staum° aq; jo;uauta3nunuu jlas jo uot;dutnsss pus;uauiasusut Isuotssajoid jo uoi ;eutuua; (In) !mpuoi jo
;gauaq ssazdxa aq; zo3 st uotstnozd aq; j! „s ;uautnooa ;uan;t ;suoa„ am jo uotstnozd ,Cus o; ;uaulpuauue ,Cum
(tt) `.ur utop ;uaututa .to not ;suutapuoo ,Cq Sum; m jo asmo am ut .to ,llmnsmo zaq ;o io an; ,Cq not ;onz ;sap
lut ;ui sgns jo ono ag; ut Me! ,Cq paztnbaz uoi ;sutuua; .to ;uauiuopusgs zoj daoxa `and ag; jo not ;sutuua;
zo ;uauuuopuege aq; (t) :o; ;uasuoo zo ,Cytadozd am aptntpgns zo not ;in d zaq ;ta ;uasuoo ua um zoud
s,zapuai q ;tm pus zapua-I o; aot;ou zags ;daoxa 'mu Hugs zamouog •;uasuoD aoud s,.iapua' •a
II not oas ui paptnozd sm ;uautnusul ,t;tznoas
am ,Cq paznoas stuns am o; lopuoi ,Cq patlddm aq !legs spaaoozd gons zapua I o; peed aq !legs pus pau2tsse
Agazaq ale `uot ;uttuapupo jo non ut aoum,(anuoo Aug zo3 _to `and am jo sat;tltoej pus SEWS uouuuuoa aq; zo
,CUadozd ag; jo I d Aug zo Its jo Sunle; zaq ;o zo not ;suutapuoo ,Cum q ;tm not ;oauuoo ut zamozzog o; alqu ced
lepuanbasuoo _to loaup toRutump zo3 uttmlo zo pzmmm ,Cum jo sp0000zd aqj •uoi ;sumapuoj •a
•zapua-I o; 02mz3n03 JO ;ua;xa
pus `;unouue `uuo3 ut algs ;daoon ,Cotlod aounznsut Atltgstl otlgnd a suu utsut uopmtoossy szaum° aq;
;em aznsut o; algmuoseaz aq Amu se suot ;oe !Ions wig; !lugs zamozzog •gate nsuI fullggn allgnd •3
•zamolog o; mud 'Aug j! `ssaoxa am g ;tm `anp tag ;;ou zo =palm ;uauunusul /tunas
aq; ,iq painoas sums am o; spaaoozd am Alddm !lugs zapuaj zapua -I o; peed aq Hugs pus paufftssm ,Cgazaq
aze zamonog o; algs,Csd spaaoozd ,Cum `and aq; 3o sautltosj pus ssazs uoututoo 0110 `,l.tadozd aq; o; sso!
&utmollo3 nmdaz .10 11O11E101Saz jo nail ut spaaoozd aouelnsut ,luadozd jo uot;nqu ;sup m jo mono aq; uI
•,iotlod mlumlq .10 za;smuu am Act paptnozd
aszano° aoueznsui Apadozd paunbaz ut asdm! ,ium jo aot;ou 1duuozd zapuol anti !lugs zamouog
Item ag; jo twig; am Slipup auego tiro zantmm sun jo notppuoo m se =tribal zapua-I ;sqm
•,Cotlod not ;mtoossy szaumo am ,cq paptnozd st a;Iszanoo
paztnbaz am ;eq; ;ua ;xa am o; patjst ;ss pautaap s! A odozd am uo aSmzanoo aoumznsu! Apodozd uts;utmuu
o; S uopoas zapun not ;m8ggo sIamozzog (n) pum °,lzadozd aq; uo aoumnsu! ,Cuadoid zo; s ;uauulls ;sut
utntuzazd ,Chug,( am jo zapuai o; ;uauu,Cmd otpouad aq; zoj E not ;oas ut uotstnozd ag; santmm zapuaZ
(t) :uaq; `aoumznsut sannbaz zapuai gotgm zoj `spool; pus sa)lmnbqpzsa `o; pa;ttutl ;ou ;nq lutpnput
`spzmzsq zag ;o ,Cum pue „`aSmzanoo papua;xa„ uua; aq; utq ;tm papnlout swung `azg ,Cq ssol ;sutam
pum `spouad aq; zo3 `(slang! alga ;onpap &utpnlout) s ;unoute aq; ut a2mzanoa aoueznsut saptnozd gotgm
pus zapua-I o; ,Cto;onist ;ms st gotgm ,l1odozd ag; Suunsut ,Cogod ;aAuelq„ zo „za ;smut„ s 'mum aoum1nsu!
pa;daoon Aliumua5 m qpm `sutra ;uteui not ;epossy staum° aq; sm 2uol os •aoumansui ,C;aadoud g
RqC
BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions contained in this PUD
Rider.
(Seal) (Seal)
Borrower Borrower
7R (0008)
(Seal) (Seal)
Borrower
Borrower
(Seal) (Seal)
Borrower Borrower
(Seal) (Seal)
Borrower Borrower
BBAT -09 0102677317
Page 3 of 3 Form 3150 1101