HomeMy WebLinkAbout87115311
11
1
11
1
1
si Jo2u8iioui agL
1
11
1 1
'[AID laar;s1 2Ig2IdY�IY�Id?I ZtE QVOJI A.LNf1OD Si6I JO ssaippe agl Sag go
30d?IdH flIVd d HQVIAI QNV O,Ld2IffH QEHDV.L.LV NOIIAIIIDSaQ
:8uttuam `/ilunoj ICI IODNI I ui palsool Ai.adozd paq Josap 2utmo11oj ag1 `airs jo
Jamod gum `Japuari 0l ifanuoo puu luEJB `a8s81aouz AgaJag sop Jamonog `asodhnd sup Jog •a1oN agl puu ivaumJisui filunoaS
Sup Japan sluau;iaai2u pus slusuanoo s,JamoJuog jo aoueuuojiad agi (o) puu :luaunuisui 'il!Jnoas sup jo AuJnoas agl loalozd
of L gdaauJUd Japan paouunpu `isaJalui gum `stuns Jagio iiu jo luau/Cud agi (q) :aloN agl jo suoiluompow puu suotsuaixa
`siumauaJ iiu puu `isaiaiut gum `aioN am /Cq paouapina lgap agi jo ivauz/iudai au (s) :Japual Ol samoas 1uaunuisui ,iiiinoaS silty
I £OZ I AzsnJgag uo aiquksd puu anp `Ja iImUo mud lou 3] `igaP Iitt1 agl grim `sivatuhd /Cigiuotu
Joj sapnoJd gotgm „aioN luaurngsui /i1unOaS stgi ss aiup aims ag1 pomp alou s,Jamonog /Cq paouapina s! lgap stgy
00 'S'n) sii]0Q
3o ums ludpupd agl Japuari samo Jamoizog „Japan'
898Z6 VD `dDNV IO `Qd02I '8 NMOI OOT i si ssaJppu
asogm puu aJSmuiaQ Jo a1s1s 0111 JO smut am Japun 8uilsIxa pus paztUTBJO Si gagm
IOOZ OE
„ssaJpp' 'i1Jado1d
ANVdIAIOD HDV H JNO'I
of uani8 si luaurt1Jlsui 'C11noaS silty „Jamoi1og
£.zunuur
[ap d4Z]
[e ;eQ &mpoaag aoa nun anogv aaeds]
T dDVd 2idr?I00 s1
JNIWOA /A 3831AWIl>
?flN VAA 3NNV3P
CO: ii s -811 10 CS 1 L8
>11210 AINrlOO N1001\111
03A1303
:slew 011 (96 /9Z/90) LAM01 9 0 L abed
L6ZL-LZ910081 S N Od 30V01130N &VA
£6 /Z L PepuawV LO°(CO 6) (AM)H9-
06/6 L90£ un 1N3INf }LLSNI
o iOdlNf 01/1111d /VWNd 0 1 6 u!S DNIWOAM
IM E8 8unuo1im
OOi /ou puu puusnogy 21.18id Ii1au!N
NNYnI QdRRIVw d `AdZYS]IN a NIAIIVNI
uo uan48 5! luaum1lsui i1!JnoaS,,) iovo,L2IoIH SIH.L
91£0£ NVO'I
i ILZ6 VD `VMV V.LNVS
06�I I XOg 'O•d
ANWHAIOD aovonIoi'I HDddg ONO
:01 urea-' `papJooai uagm
0k x .:.::4` 3
6H(WY) (9403).01
TDWY2 (11/18/94)
Page 2 of 6
1. 9 8
TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and
fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security
Instrument. All of the foregoing is referred to in this Security Instrument as the "Property."
BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage,
grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
THIS SECURITY INSTRUMENT combines uniform covenants for national use and non uniform covenants with limited
variations by jurisdiction to constitute a uniform security instrument covering real property.
UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
1. Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay when due the
principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note.
2. Funds for Taxes and Insurance. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to
Lender on the day monthly payments are due under the Note, until the Note is paid in full, a sum "Funds for: (a) yearly taxes
and assessments which may attain priority over this Security Instrument as a lien on the Property; (b) yearly leasehold payments
or ground rents on the Property, if any; (c) yearly hazard or property insurance premiums; (d) yearly flood insurance premiums,
if any; (e) yearly mortgage insurance premiums, if any; and (f) any sums payable by Borrower to Lender, in accordance with
the provisions of paragraph 8, in lieu of the payment of mortgage insurance premiums. These items are called "Escrow Items."
Lender may, at any time, collect and hold Funds in an amount not to exceed the maximum amount a lender for a federally
related mortgage loan may require for Borrower's escrow account under the federal Real Estate Settlement Procedures Act of
1974 as amended from time to time, 12 U.S.C. Section 2601 et seq. "RESPA unless another law that applies to the Funds
sets a lesser amount. If so, Lender may, at any time, collect and hold Funds in an amount not to exceed the lesser amount.
Lender may estimate the amount of Funds due on the basis of current data and reasonable estimates of expenditures of future
Escrow Items or otherwise in accordance with applicable law.
The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality, or entity
(including Lender, if Lender is such an institution) or in any Federal Home Loan Bank. Lender shall apply the Funds to pay the
Escrow Items. Lender may not charge Borrower for holding and applying the Funds, annually analyzing the escrow account, or
verifying the Escrow Items, unless Lender pays Borrower interest on the Funds and applicable law permits Lender to make such
a charge. However, Lender may require Borrower to pay a one -time charge for an independent real estate tax reporting service
used by Lender in connection with this loan, unless applicable law provides otherwise. Unless an agreement is made or
applicable law requires interest to be paid, Lender shall not be required to pay Borrower any interest or earnings on the Funds.
Borrower and Lender may agree in writing, however, that interest shall be paid on the Funds. Lender shall give to Borrower,
without charge, an annual accounting of the Funds, showing credits and debits to the Funds and the purpose for which each
debit to the Funds was made. The Funds are pledged as additional security for all sums secured by this Security Instrument.
If the Funds held by Lender exceed the amounts permitted to be held by applicable law, Lender shall account to Borrower
for the excess Funds in accordance with the requirements of applicable law. If the amount of the Funds held by Lender at any
time is not sufficient to pay the Escrow Items when due, Lender may so notify Borrower in writing, and, in such case Borrower
shall pay to Lender the amount necessary to make up the deficiency. Borrower shall make up the deficiency in no more than
twelve monthly payments, at Lender's sole discretion.
Upon payment in full of all sums secured by this Security Instrument, Lender shall promptly refund to Borrower any
Funds held by Lender., If, under paragraph 21, Lender shall acquire or sell the Property, Lender, prior to the acquisition or sale
of the Property, shall apply any Funds held by Lender at the time of acquisition or sale as a credit against the sums secured by
this Security Instrument.
3. Application of Payments. Unless applicable law provides otherwise, all payments received by Lender under paragraphs
1 and 2 shall be applied: first, to any prepayment charges due under the Note; second, to amounts payable under paragraph 2;
third, to interest due; fourth, to principal due; and last, to any late charges due under the Note.
4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines and impositions attributable to the Property
which may attain priority over this Security Instrument, and leasehold payments or ground rents, if any. Borrower shall pay
these obligations in the manner provided in paragraph 2, or if not paid in that manner, Borrower shall pay them on time directly
to the person owed payment. Borrower shall promptly furnish to Lender all notices of amounts to be paid under this paragraph.
If Borrower makes these payments directly, Borrower shall promptly furnish to Lender receipts evidencing the payments.
Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees in
writing to the payment of the obligation secured by the lien in a manner acceptable to Lender; (b) contests in good faith the lien
by, or defends against enforcement of the lien in, legal proceedings which in the Lender's opinion operate to prevent the
enforcement of the lien; 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 may attain priority over
this Security Instrument, Lender may give Borrower a notice identifying the lien. Borrower shall satisfy the lien or take one or
more of the actions set forth above within 10 days of the giving of notice.
Form 3051 9/90
Initials:
Loan No. 9398785 -30316
91£0£-S8L86£6 'oM imori
06/6 L60E Wio1
66T
9toEeBed
(46 /9L /L L) EAMOl
LO 1E046) (AM)H9'
anzasaa sso-1 •aouU.1nsum a;IE;Ipow jo nap ut aniasai ssoj E se sluaui/Ced asagl um pi i pug asn 'ldaoog IIii zapua-1 •laana ui aq
01 pasgao zo pasddj a2gdanoo aoug1nsul am ua14M zamoiiog ,(q p! d 8uiaq tunnuaid aOUEZnsum a2E21.1oui Sinai( 01413014 p /Al -auo
01 Ignba wins a mum goEa Japua-1 o1 /CEd hens 1amofog 'aygEIIE /E lou sm a; zzanoa aauz.msul a8e81ioui luammnba /ipmuuEpsgns
i •iapual /iq pano.1ddE lamsui a$u$pow almUaple ue wan `1oa33a Ut /ijsnotnaJd aOUE.msum a2E21Joui atp jo iaMOZiog 01 lsoo
atp of fuajBntnba AIletluRlsgns lsoo E 1E `1Oa33a ui /ijsnoinaid aougznsui a8g$laoui ail 01 luaieninba ,iljepuElsgns a8etanoa utgigo
01 pannbai sumiuiaid 0141 /fEd IIEgs zamO.Uog '1Oa33a ut aq o1 sasgao Jo sasdgl aapua-1 /iq pannbai a2ezanOO uougznsut a2g2iJout
0141 `uosEa.i Aug .io3 `3I •1oa33a ut aoue.msui a5r$11o11i 0141 uiglutgui o1 pa.iinbai summuiaid 0141 /ied pens zamonog luaunulsuj
/Clunoas sup /iq pins ugoj aLp 2w3muz 3o uopipuoO g sg aoug.msut a2g8poui pannbai iapua'l 3I •aousansui a2t321aoy%I •8
1UautiEd
8upsanbai lamatiog of iapuaq won aoilou uodn ';sa'alum tji p `ajgg/iEd aq pugs pug am aloN aq1 ie luauiasn}gsip jo amp
ant won 1saJaIUm man pegs sumo= 0Sag1 `ivatu/igd 3o stivaf lap° 01 0018E zapuai pug SOM0330g ssalun •1UauinUlsUI /ilimoas
Sint /iq painoas IaMOZZOg 30 Nap IEUOpippg atuooaq pegs L gdgagzgd sill Japun aapua'I /iq pasangsip slunow /mud
•0S op 01 anu14l0U saop 1apua-1 L
14duffu d sup Japun uopoo wj i /iEui aapuai g2no14lid •siigdai alum 01 filmdozd atp uo 2upalua pug sou ,S/iatuoue aigguosgai
2upigd `pnoa ut 8uitgaddu `luaum.tlsul /ilunoas sull .JOAO /Cltz0!1d SECT 14ot1M uaij E /iq palnoas sums Aug $ui/ied apnput
Auto suopag S,.tapua' •Suado1d 0141 ui sing s,1opua-1 pug /ipadoJd aql jo anlgn am 1oalo1d of £,tEssaoau si zanalg14M .io3 /igd
pug op /CEUt aapua' uagl `(SU0iWJfl 0.i 10 sMel OO.IO3110 01 10 aInlia31o3 J0 uotluutuapuoo zo3 `a3Egozd `/Coldnnitigq um 8uipaaooid
e sE ions) filmdom ail um s1q5u s,.Japua-1 1oa33e /ipurat /ietu 1E141 8uipaaoozd Ig2al a si 010141 zo luatunalsul /ilumas sup
ut pau!E3UOO s3Uaumat2g pug sluEUano3 0141 uuojzad o1 spg3 J0MOZZOg 31 •4iodoid au; ui sniSni mapuari 3o uoipaaaoad •L
gut3pM ui 10810111 a141 01 saaw$E 1apua-1 ssalun a2.taU1 lou IIEgs a11T1 aa3 a141 pug piogaseal
atp `Altadold ail 01 app aa3 soiinbog 1aMO1102 3I •asral 0141 3o suotstnold 0141 TT q1!M /ijduioo IIEgs IaMOZ.tog `piogasual
g uo si IUauUUlsul /ilimoas sup jl •aOUapisaz Igdtoupd E se /il1adold ag1jo /Cougdn000 s,lamoz1Og 8uituaouoo Suo!1 1U0Sazdat `01
Palimli 1011 1nq `8uipniOUi `aloN am /iq paouaptna nuol atp gitp uopoauuoo ui (uoifeuuoJui jmualgui Aug tl1iM zapua'I ap!Awd of
papE3 Jo) 10)U0'1 01 sluaUZaIEls .Jo uoilEUUOJui alemooeum .zo asle3 Simpalgui anE2 `ssaooad uouuoildde ugoj a141 2uunp `IOMOIIOH
3i linn3ap ui aq osju hugs zamollog •lsazalut /i1t.m0as s,aapua -I JO luaurtulsul /iliznoaS sup /iq Inman uail 014130 1uatungd
jrualgtU 301410 Jo /Cpadord am ui 1Sata3U1 s,zamouog 0141 3o a.mliapo3 sapnjoacd `UOpeuutualap 141m3 pool s,.iapua-1 Ui `114141
2uiltu r 1411M passmtusip aq o1 2uip00oo1d JO uoi1OE aql 8uisnro Ai `gI 14dEJ2gagd ui pappnoad sr `a1Elsuma.i pug 1ingJap a 14ous amo
/mutt 10MO.uog •lsazalU! Animas s,aapu0' JO luatunnsul /ifunoas sup /Cq p02E010 tap 0141 neduil /ipguafuui asMdagpo .z0 /ipadozd
014130 amnaJao3 ui 1lnsai pinoa 1UatuSpnf g1ig3 pool s,iapua1 Ut 1x141 un2aq si `jeuitupo so pima .10141014M `8uipaaoOld 10 uoi1Ou
ainitapo3 Aug 3m 1jnrJap um aq hugs iaM03IOg •/Cpadoad 0141 uo a1sgM lmtutuoO .to `a3EZopalap 01 filmdold am mope `/ifzadoad
ail 1! dun zo a2etuBp `/ioapsap 1011 Rigs 1amozzog •1013U00 s,zamozzog puo/Caq aar 14oi14M lstxa saounsumono 2upgnualxa
ssalun JO `plaggltM /Cjgquosraaun aq 1011 Rigs luasuoO 140T14m `2up11M um saaa2g asmnua14lo aapuai ssalun `/(Ouedn000 3o amp ail
Jung ma/( auo lsgal 1E ao3 aouapisal mdiouud s,zamortog Sr /illadOld 0141 /idn000 01 anu1luo0 pugs pug luattnulsul ,C1m.mOas sup
3o uopn0axa 0111 1013E s/CEp /ilxis ut141IM aOUapisaa jgdtoupd s,lamoJJog sE /C11adotd am asn pug `gsmlqulsa `/Cdn000 jlggs .IOMO.uog
•splogasua7 Iuoi;saliddV unori mamoaaog ISpadoad alp Jo uotapaload put uuuuuannumj 'uopunaasaad qauLdnaop '9
•uopmsmbou ant 01 zoiid dlairipatutui
1UamiumUl /Climoas sup /Cq painoas sums ag13o mum atp of zapuarl 01 ssud pens uopisinbou am 02 .ioiid Xiiadold 014101 a2Eutgp
man 8uillnsaz spaaooad pug satotlod aOueznsut Xue o1 1g2i1 s,zamonog `iapuo' /iq pannboE st filmdozd atp iz gdgz2ezBd lapun
3I •sluaui/CEd 0141 30 Jimmy 0141 08U£140 zo z pug I s14dga2g gd in 01 pauaJaa maul/cud /ii14luotu aq1 3o amp anp 0141 auodlsod
.to pualxa 1011 Ilr14s IEd1ouud o1 spaaooid jo uopuopddg /Cur `2ut31M um aaa& asimmtpo 10MO.uog pug aapua ssalun
•uanm2 sm aollou 0141 uaIM ui2aq !pm poiaad hp-p£ atly •anp 110141 mu 10 10141014M `luatunnsul Animas sup /iq pamoas
sums /Ced 01 zo /Clzadoad ail aa03S01 JO ii dai 01 spaaooad 0141 asn Agin aapua'i •spaaooid aOUEZnsum alp pollen Aral .1apua'l
110141 `ungio E apps o1 paza33o sun _tapir° aODUansum alp 111141 lapua'1 won 0011011 r s/CEp p£ um141!M Jams= 1011 saop 10 `/ipadold
ail suoptregE 10MO.uog 31 •Jamonog o1 pmgd ssaoxa /itre ti mM `anp 110141 1011 JO Sa14pa1M `luauttulsul /ilunoas sm141 paznoas
sums a141 01 paijddg aq nuns spaaooid a0Ugznsum 0141 `pauassal aq pjnoM /fptmoas s,10 U0'I 10 ajgiseal /CTJEOItu
011000 1011 SI 3IEdaz
10 UOpRIO1SOI 0141 •pauassal fou si /ilimoas s,zapua'l pug ajgisga3 /ipgoiuiouo0a si nedat so uotluIOlsat ag1 `pa2gutgp /ipado1d
atp jo iigdat so U0t1gz01S 1 01 paijdde aq jlegs spaaooid 00m:znsum `2uppm um aaa2g as1MJa14IO 10M0110g pug aapua'i ssalun
•.1amoarog sq ,ijidtuoid apEtu fou 3m ssoi 30 3ooid a3letu hut lapua'l
•zapua' pug lapm0 00Ugmsut ail 01 aollou ldutoid anm8 pugs J0M0110g `SS0J JO Juana a141 UI •saopou IEMauai pug sumtutaid pt d
jo sldtaoaa Ilr aapuaJ 010Al2 /flldut0ld urns .IOMOIIOH 'saimbaz lapua131 •sjgmaual pug saiopod 0141 plo14 01 114811 0141 won puns
Iapua- •asnEjo a2r2poui piEpurls E apnjoui hugs pug zapua-1 01 ajg1ldao0U aq pens sJEMauar pug saiopod aoueinsui
L 14du18r1Ed 141!M aatiepao00E um /ipadold a141 um s1142u s,iapua-11oa1otd 01 a2rlanoo ume2Qo `uopdo
s,iopuo' 111 'Am iapuarl `anogr paquosap 02RlOAoo umrluirui 01 sltu3 zaMOIOg 3I •pla14tp!M /Clgeuoseatun aq 1011 puns 14oi14M
Irno.idde s,1apuarl 01 loafgns 10M01rog /iq uaso14O aq Iju14s aOUEinsui all Sutptnozd 00111£0 aou1lnsum atj, •sonnbal Iapuarl rem
spopad a141 103 pug slunotur 0141 um pau1El11m1111 aq pm aOUrinsum sing •aOUg.msum 501111ba.' Iapuarl 1401141 zo3 '8111p00i3 JO spool
8umpnjoui `spmzr14 zatpo /fur pug „a2Elanoo papualxa„ 1Ua1 alp uigl!M papnjoui spmzen `a.ii3 /iq ssoi lsumr &r palm! /Cuodoid
a14p Uo moan I03Jgaiag 10 8umpsmxa Mou sfuauianoldun 0141 dawl hens JOMOiiog •aaueansui Slaadoad .i0 pJuz1H 'S
11111 11111
200
payments may no longer be required, at the option of Lender, if mortgage insurance coverage (in the amount and for the period
that Lender requires) provided by an insurer approved by Lender again becomes available and is obtained. Borrower shall pay
the premiums required to maintain mortgage insurance in effect, or to provide a loss reserve, until the requirement for mortgage
insurance ends in accordance with any written agreement between Borrower and Lender or applicable law.
9. Inspection. Lender or its agent may make reasonable entries upon and inspections of the Property. Lender shall give
Borrower notice at the time of or prior to an inspection specifying reasonable cause for the inspection.
10. Condemnation. The proceeds of any award or claim for damages, direct or consequential, in connection with any
condemnation or other taking of any part of the Property, or for conveyance in lieu of condemnation, are hereby assigned and
shall be paid to Lender.
In the event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Security Instrument,
whether or not then due, with any excess paid to Borrower. In the event of a partial taking of the Property in which the fair
market value of the Property immediately before the taking is equal to or greater than the amount of the sums secured by this
Security Instrument immediately before the taking, unless Borrower and Lender otherwise agree in writing, the sums secured by
this Security Instrument shall be reduced by the amount of the proceeds multiplied by the following fraction: (a) the total
amount of the sums secured immediately before the taking, divided by (b) the fair market value of the Property immediately
before the taking. Any balance shall be paid to Borrower. In the event of a partial taking of the Property in which the fair
market value of the Property immediately before the taking is less than the amount of the sums secured immediately before the
taking, unless Borrower and Lender otherwise agree in writing or unless applicable law otherwise provides, the 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 condemnor offers to make an
award or 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 proceeds, at its option, either to restoration or repair of the Property or to the sums
secured by this Security Instrument, whether or not then due.
Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend or
postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the amount of such payments.
11. 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 any successor in interest of Borrower shall
not operate to release the liability of the original Borrower or Borrower's successors in interest. Lender shall not be required to
commence proceedings against any successor in interest or 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 Borrower's
successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the
exercise of any right or remedy.
12. Successors and Assigns Bound; Joint and Several Liability; Co signers. The covenants and agreements of this
Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions of
paragraph 17. Borrower's covenants and agreements shall be joint and several. Any Borrower who co -signs this Security
Instrument but does not execute the Note: (a) is co- signing this Security Instrument only to mortgage, grant and convey that
Borrower'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 may agree to extend, modify, forbear or
make any accommodations with regard to the terms of this Security Instrument or the Note without that Borrower's consent.
13. Loan Charges. If the loan secured by this Security Instrument 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 under the Note.
14. Notices. Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by mailing
it by first class mail unless applicable law requires use of another method. The notice shall be directed to the Property Address
or any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by first class mail to
Lender's address stated herein or any other address Lender designates by notice to Borrower. Any notice provided for in this
Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph.
15. Governing Law; Severability. This Security Instrument shall be governed by federal law and the law of the
jurisdiction in which the Property is located. 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. To this end the provisions of this Security Instrument and the Note are declared
to be severable.
16. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument.
6H(WY) (9403(.01
TDWY4 (11/16/94)
Page 4 of 6
Form 3051 9/90
Initials:
Loan No. 9398785 -30316
9I£0£ 'oN ugo-j
:slsiliui
06/6 L50S W201
T o
9 ;o 9 abed
(V6/9 l/ 9AMal
01E046) (AM)119-
of airs aq; jo aatlou anti Hugs aapuarj •MBI aiquatidds glint aaunaoaar ut ;uaaa3jlp 3t 'Sltadoad aq; jo uotssassod
TIT uosaad aq; o; pug aamoaaog o; asopaaoj o; maw; jo aatlou an18 IIugs aapua-j 'ails jo aaiod aq; saJionut .iapuaZ 3j
•aauapina app 3o s;soa pug saaj ,s,fauaofs aigsuossaa 'o;
palm!!! ;ou ;nq 'gutpn IZ gdga hind sir; ut paptnoad satpamaa aq; gutnsand ui paaanaut sasuadxa IIu ;aajoa o; pai;tlua
aq Hugs aapuai •MUI alquatiddu pa;;tuuad saipauiaa aag;o fun pug airs jo aamod aq; aJionut Sum pug puumap aaglan3
;nogltm luauma;sui S;unaaS sigl £q paanaas sums Hu jo IInj ut ;uatuSud a;etpaunut aatnbaa ,few 'tot ;do slt lu 'aapuaI
'aatlou aq; ui pat31aads alup aq; aaopaq Jo uo palm lou si linnap aq; 3i •aius pug uot;gaapaan of aauoaaog jo asuajap
aaglo ,fug ao linujap a 3o aaua;sixa -uou aq; passe o; uotlar ;anon r gulag of ;ggta agl pug uot;raaiaaaU Ja ;3r alr;sutaJ
o; 1g3ta aq; jo aan&oaaog uuoput aaglan3 IIugs aatlou aqs •S ;aadoad aq; jo airs pug ;uautna ;sum Siianaas sigl fq pains
sums aq; jo not ;saaiaaan ut visa' Sum aatlou aq; ut pagtaads a ;rp am; aaojaq ao uo inujap aq; in o; aanituj lug; (p)
pus :palm aq ;sum ;Inujap aq; gam/A £q 'aamonog of uant3 st aatlou aq; a;gp aq; uroaj s,fup O£ uuq; ssai lou 'a ;ups (a)
.linujap aq; aana o; paatnbaa uotlau aq; (q) :linspap aq; (u) :Sjpads pugs aatlou aqZ •(asimaag ;o saptnoad mu; aiquatiddu
ssalun Li gduuSuaud aapun not ;uaaiaaau of aotad lou ;nq) ;uatun lsuj £;tanaas sir; ut luautaaau ao ;usuanoa Sun jo
gauaaq s,aaMoaaog guwwollo3 not ;gaalaaan o; aotad aamoaaog o; aatlou anti Hugs aapua7 •satpautag :tot ;gaalaaad 'TZ
:smoiio3 sr aaJgu pur jUruanOO Jagunj Japua-I put .zamoiiog SZNHNgA00 IAInIOdINfi
•uot ;oa;oid iu;uauxuo.rtnua Jo Alajgs `gHirag o1 amix
rum porno! st SuadoId agl aaagm uotlotpsunf aril 3o SMgi per smut uzapa3 stream „Awl IBHuauruoltnug„ `0z tiddi2ur d stgl
ut pasn sy •suualguu antlouotprz pur `apStlaputuzo3 Jo solsagsr 2u1u7luoo suuamtu `sluanios attlelon `saptotgzag pue saptousad
otxol `s;onpozd umalauad otxol 10 atgeuzureij Jamo `auasoza>j `autloseg :saourlsgns 8utmoilo3 agH pur Mel IeluaUru0Jtnug
saouuisgns snopiUzeg 10 3tX01 su pauuap saouuisgns asogl azu „saoug1sgns snop1UzeH„ `OZ gdvv3r.red stmm ut pasn sy
•Mg'j Irluauruortnug t lIM aougpJOOOB UI suonog utpatuar AIESSaOau Iu
a3mr Allduuozd Imp Jamonog `/.ressaoau st Amdahl am $ut1Oa33e aoueisgns snop1ezrg ,Hue 3o uotletpatua1 Jaglo JO unotua1 Niue
rum `Aluomtte £iominffai Jo mivatuuzano2 Atm iiq pat31lou st Jo `suzral Jamo1Jog 3I •a2paimom Furor seg zamozzog gotgm 3o
marl Ie1uatuUO1tnug 10 aouelsgns snopzezef AUE pug Spacial," am Sutntonui ,Cued alentld 10 XOUa$g AJOmm2a1 10 u1uatulJaA05
Niue xq aotlou Jagl0 10 imsMUi `puetuap 'Imuto `uotie$tisanut ,fur 3o aatlou Ua1HUM JapuaJ ant2 Apdtuozd imp Jam0ZZOg
•Auadozd ag13o aouuualutgur of pug sasn utivaptsa1
Iuuuou of aHrudorddr aq Ol paztugooa1 Aitrzauag aJe lugl saourlsgns snopzezeH 3o santluenb Hums 3o Suado1d OM U0 agez04S
10 `asn `aouasazd am of Aiddg mu HET saoualuas oMl 2utpaoazd agy M 'J uluaUUUoltnug nitre 3o UOtlgiotn u! st mtil filmdom
agH Sut1Oa33u 2utgliur `op of asp auo1iue MOUE JOU `op mu !pm 10m0J10g •Auadozd agi Ut 10 uo saourisgns snop1ezeH
nitre 3o amp.' zo `02e101S lesodstp `asn `aouasazd agi uuuad Jo asnuo Hou Imp JOMOJJOH •saaumsgns snopagzeH 'OZ
A i atgeotiddr ,iq pagnba1 uotiruuojut
Jag4O Sur uteluoo osu item aotlou auZ •aprur aq pings sluautArd gOR M 01 ssazppr agi pug zaotnzas uuo-J Mau agi 3o ssazppg
pur aureu agi arms Hum aotlou auj •Met atquotjddr pug anoqu fil gddJ2ezed gipp aourpz000u ut amp am 3o aotlou ualluM uant$
aq !!!At Jamo1JOg `zaotnzas Uuo-I am 3o a &urg0 a s! azagl 31 •aloN am 3o airs a or paluiazun zaotnzas ueo'j am 3o sauugo NOW 10
auo aq iCutr Osu ant •1uaUmJlsul ,ilunoas stcl1 pee aloN am zapun anp sluamhd /Cullum" sloalloo rum „JaotnJas ueoJ„ am sr
umou)i) Altiva agi ut amp a ut linsaz Arun airs y •JamoJJOg 01 aotlou Joud lnogltM saurtl az0ut 10 0U0 ptos aq Amu (luautnulsuI
A1unoas spy. 1 1M Jama2ol) a1oN agl ut lsazalu! Irtued r 10 aMON ata •aaatnaaS urorj 3o agusg0 :aloN 3O aI S '6I
•LT t duzgu ud Japan uotluzaiaoou 3O asuO agH ut Aiddu mu
Hugs amisutaz 01 11.0u stgl `zanamog •pazzn000 peg uotirzaiaooe ou 3t se 3npOa330 IJIn3 uutuaz tugs Agazag pains suotlegggo
ag1 pur Huatunlsul A4unoas stgl `JaMo11oH ,iq luauralulsutaz uodn •pauu pun anutluoO Ilegs luauutulsui ,f1ufOas Si
/iq paznoas stuns am pied of uotatigo s,zam0zt% pue ifuadozd agH ut slggu s,Japua7 `HuaurfJlsul A1tznoas stgi 3o uatl am rum
amuse 01 aztnbar Atgeuosear Arur JapuaI se uouor Irons sa)ul (p) pue :saa3 ,sIiaUJOlm atgeuoseai `01 paw!!!! mu lnq `gutpnjout
luaumJlsul Awl spy WutoJojua ut pazznOUt sasuadxa iu shed (o) :sluatuaaJ2g Jo sltreuanoo Jaw Atg 3o 1inlJap Cur saznO
(q) :pa1Jn000 peg uotmzapoor ou 3! Sg a10N am pur 1Uaurfl1sul eilunoas stgi Japan anp aq pinoM tag; TOtgm stuns Hu Japua7
spied (e) :Jamo1Jog mm aJe suotltpuoo asogI •luaumJlsui AlunOas stgl t'utoJO3ua luauu2pnf E 3o ,idea (q) 10 :1uaumz1SUI 'i1111100S
sttll ut pautulu0O aus 3o Jamod Slue 01 Hurnsznd S1adoJd agi jo airs azopaq (luauualulsuta1 Jo3 Spoads mri aigeotidde
su pouad zaglo Irons Jo) sAup S (u) :3o Jatlzra agi of zopd au Aug He panutluoostp luatnu4SUJ /Clunoas stgl 3o Huatuaoz03ua
aneg of ltpu am ant! tugs JaMOJJOg `suotltpuoo utr1ao maw zaMOZZOg 3I •alulsutag o; ;Om s,aamoaaog •gj
•zamOJJOg uo ptruuap Jo aotlou zagun3 lnogltM luat1nzisul Allmon stgl /Cq pa1Htuuad
satpatua1 Cur a)IOnut /tutu Japua-i `pouad mil 3o uotlgztdxa am of Joud sums asap Ad of SJ!J JamOJJOg 3j •luauutulsul Allmon
stgl iiq pampas stuns Hu Ard mum JOMOZZOg gotgM um palteuu 10 pazantlap st aotlou am amp am uu0J3 sligp p£ uegl ssai
lot 3o pouad a aptnozd imp aOtUOU QUI •uotmlaia)OB 30 00t1011 JOMOJJOil aA!2 H MIS Japua' 'uopdo spy sastOJaxa Japaa' 3I
luaurtursui '(lamas spy 3o
amp am 3o sr MrI HeJapa3 /iq paitgtgozd st as!OJaxa 31 Japuarl pastozaxa aq lot jugs uotldo mil `JanaMoH •Huatunlsui AHunoas
spy ,Cq paznOas stuns ire 3o IHn ut HUatugrd aletpatutut azmbai `uotldo sit lu `deer zapua -I `luasuoa ua11uM _mud s,zapua'I
lnogi!M (uoszad uznleu r Hou st JaMOJZOg per paIJajsuu1H 10 Nos st zaM01J0g ut Hsaza1Ut utoIJauaq e 3t Jo) paiiajsuezl 10 !Nos sr
1! ut ma'am! I UU Jo AuadoJd ag13o Ind Aug 10 HE 31 •aaMoaaog ut ;sala ;ti Irtatjauag r Jo Spada',” alp jo aajsunJ,y 'LI
Rw—fAR AR
Borrower in the manner provided in paragraph 14. Lender shall publish the notice of sale, and the Property shall be sold
in the manner prescribed by applicable law. Lender or its designee may purchase the Property at any sale. The proceeds
of the sale shall be applied in the following order: (a) to all expenses of the sale, including, but not limited to, reasonable
attorneys' fees; (b) to all sums secured by this Security Instrument; and fc) any excess to the person or persons legally
entitled to it.
22. Release. Upon payment of all sums secured by this Security Instrument, Lender shall release this Security Instrument
to Borrower. Borrower shall pay any recordation costs. Lender may charge Borrower a fee for releasing this Security
Instrument, but only if the fee is paid to a third party for services rendered and the charging of the fee is permitted under
applicable law.
23. Waivers. Borrower waives all rights of homestead exemption in the Property and relinquishes all rights of cutesy and
dower in the Property.
24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this
Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement
the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument.
[Check applicable box(es)]
X
Adjustable Rate Rider
Graduated Payment Rider
Balloon Rider
V.A. Rider
6H(WY) (9403).01
TDWY6 (11/18/94)
My Commission Expires: t C
Condominium Rider
Planned Unit Development Rider
Rate Improvement Rider
Other(s) [specify]
STATE OF WYOMING,
The foregoing instrument was acknowledged before me this
by \N. cl
person acknowledg
G2
1 -4 Family Rider
Biweekly Payment Rider
Second Home Rider
BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and
in any rider(s) executed by Borrower and recorded with it.
Witnesses:
(Seal)
MARVIN E KIMZEY y Borrower
(Seal)
Borrower
(Seal) (Seal)
Borrower Borrower
County ss:
a,Lk ui 1_9 j -or
(date)
I lJC L
Notary lec i
6 Form 3051 9/90
Loan No. 9398785 -30316
91790 LZ£(008) "OM 'SWHOl U3SV1 3INOtli3313
L eBed
Od (66/4Z/90) V9109961
(0196) 91.095648
coq!' Jana a ;ea elgeisn[pt/ /pex!-j
•012Q amp ixau ag1 !pun a121 lsazalut Mau
alp aq Him lunouz2 papuno.z sill `a2ud 2uiMojjo3 all uo (p)j uotloas ui paluls sl?utlj am 01 loafgns SZi'0) luiod
auluaatad auo jo glg2ta -auo lsatuau alp o1 uotltppu sill 30 gnsaz all punoi uall jjiM zapuarl aqy •xapul 1uaun3
all of 066'5 (s)lutod aSeluaolod sylpa.!punH SUN
Alau[N pue an[d 2utppu ,iq am 1satalut Mau situ a12jnoluo jjtM zapuai all `a1eU a2uegJ loua augag
sa8uuo Jo uollujnajuD (a)
„•xapul 1uaJinD„ all paguo st a1uQ aSuugj goua alopaq
s,(ep Sj, alup ag1 jo se ajqulrenu am;itd xapul luaoaz Isom auj •zapual atjl Aq paloajas uopuotjgnd ajqui2dwoo
e ut IUo3 las su uall `unseat Auu .ioj alqujtenuun sautooaq JO pagstjgnd aq 01 S S O uotloas sa12II Sauow
all 3t so `lnumof pans 11nhl aqj jo uotloas „salug SauoJH„ alp uI quo; las SE gpglZ sajueq "Nut ant,J
1e suot121onb uo pasuq 1mjinm uopuoi ag1 ut sltsodap zujjop lluotu xis zoj sales pa/ono 3juugzaluj uopuo-I all jo
02ezanu alp si „xapul„ at •xapul ue uo pang aq !um ale/ Isamu! all 'mu aStreg3 ls.n3 atp g1!M 5utuut2ag
xaPuI aqZ (q)
„-owa aguugj„ a pajjuo st aSuugo moo awl lsa.zaluj
ajgelsnfpu atp l3tg' uo alup tp •1aljuazatll 'gum !p9 Anna tpuout atjl jo Sup 1sai aq1 uo pue ti00Z
Arniged Jo Sup log alp uo a12z lsazalut ajqulsnfpu ue o1 a3UEIO'UUM ales 1saialut paxtj juptut agZ
sam aguegD (u)
SanNVHO INZWAV• A'THINOI^I (INV aIVaI a'Iavlsa rav
.10j sapinoad oslu a1oN ag,I,
9i£0£-S8L86£6 'ON ueol
EOZ
:sMOjjo3 se 'Mal lsatalut ajgelsnfpu uu 01 a121 pax1J mum all ut a2uuga u
0917 L L JO 0121 1s014111t paxg (etltu! uu 10j saptnoad aloN aqZ
Sd9NVH31NAIAIAVd A'IIILN[O}\I (INV HIV?" H'IfVZSRfQV 'V
:sMojjoj SE sat& pue 2UUUan0O zalltn3 iapua-I puu .1amouog
`luatutulsul'lunoas atjl ut aputu sluautaaa;Iu pue sluuuanoO all 01 uoil!PPR UI 'SLNIVNaAOD
'AVd 1Sf1W a3MO88OS 3H1 31Va WfWIXVW 3H1 aNV 3WI1
3NO ANY 1V 39NVH3 NVO 31Va 31avlsn av S,1d3MO1:11:108 3H1 1Nl0WV
3H1 S1I01I1 310N 3H1 '31V8 1S31:131NI 3iavisn av NV 01 aNV 31V8
153):131NI 03m3 S,83M08808 3H1 NI 3DNVHO V 8O3 S34IAOad 310N 3H1
[ssa.ippv Auadoldj
LOLEB AM `a32I3WW3N
ZtE 0VOEI A.NflOO 51.61.
:w pawooj pue luautnalsul IilunOaS all ui paquosap Auadoid all 5uuanoo pue alup cures all jo „zapua'I„atjl)
ANVdWOO 3JV011:10W H3V38 DNO1
01 „alojj„ all) alol\j a1e?I ajqulsnfpd /paxi3 s,zamozaog aanoas
01 „.1aMonog„ sill) pau8tsaapun all Aq uantg am) alums ag1 jo („luauttulsuj Alunoas„ alp) pa(' SlumOas J0 1s11UZ
jo paaQ `a5u511OJJl atjl luatuajddns pue puatuu 01 pautaap aq jjugs puu mu! pale1odaoOUt st pu2 LOOZ
Aaenuef' JO AEI 430E stgl 110 0132ut sI ?IaQRI 3.LVII 3'IEIV1SIIRIV /Q3XI!I SIH.L
(sdea aieu xaPuI 2IOaI'I)
RUTH T '1HVisnfGV /UHXHH
.iamo.uog-
(ivaS)
1amo.uog-
(igas)
9I£0£ 'ON ueo7
C 40 S sued
Jamouog-
(IeaS)
.ramouog-
(IgaS)
0d (66/4Z/90) 09L09961
0 L 961 9L0956L 1
Jogn Aepiy emu eigelsnfptl /pexid
['quo Ieu!B!O U !S]
A3ZINIM 3 NIAHIVIN
uoP! I a1eU1 aigglsn[pw /Paxid
sup ui common sluuuano0 pue suual alp 01 saaBE pue sldannu zamofog `MO'IIIg DisamoiS Ai{
•zamozzog uo puetuap JO anllou zaglztIJ lnogllm luauuculsul
Awnnos step iiq palliuuad saipatuaz Aue about Arm .tapua- `pouad sup jo uopeiidxa alp of zoud sums asatp
Cud o1 situJ zamozzog jI •luatutulsul iilunnaS sup Aq pazn3as sums He 1iud lsnui zamozzog gnigm utlltm paitetu
zo pan/glop si anpou all atEp atp 1u0z3 shp OE ump ssal lou Jo pouad u apinozd TIugs aailou ata •uo1luzaianng
Jo 00I1ou zamozzog ants Ilegs zapua IIrt3 ui luatuAEd atuTpatutui azmbaz of uotldo atp sasinzaxa zapua7 3I
lutlum ui zamozzog sasuaiaz zapua'I ssaitm
luatunzlsul 'ClunnaS pue a20N alp zapun palu aq o1 anupuoo Ilim zamozzOH •luaumz1sul AliznnaS sup UT put
aloN alp ui apetu sfuatuaaz8e pue sasiutozd alp TIE (Taal o1 aazaJsuezl ag1 salu2ggo letp pure zapuaj o1 aigeldannu
si legl luatuaaz$e uoilduinsse ue u$is o1 aalaJsuuzl alp azinbaz Amu osiu zapua7 •uopdumsse ueoi all 01 luasuon
s,zapuaj of uopipuoo a se 00j aiquuoseaz u agzugn Autu zapua'i mei aigentiddu Aq pallnuuad wawa aq1 01
•zapual o1 aiquldannu Si luaumzlsul AllznnaS sup
tit luauiaaz8u JO luguanon /Cm 30 lnuazq E 30 )isu alp Imp pue uopdumsse uuoj all .sq paztuduii aq lou Ilim i(1
s,zapuari lute sautuualap Aigguosgaz zapuaZ (q) pug :aazajsugzl otp 01 apeut 8u oq azam ugoi mau a 3i sg aazajsugzl
papualui 3142 aleniena o1 zapua' pazmbaz uopEuuojul zapua7 01 Paultugns aq o1 sasngo zamOZZOg (u) :j! uolldo
sup asinzaxa 1ou imp osie zapua' •luatunzlsul 1unn3S sup Jo amp alp 3O se mui iuzapoj paligigozd s! asinzaxa
fr
p7 4 t
B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER
Fixed /Adjustable Rate Rider Libor
ft -1956016 (9510)
TM
19560165 (05/24/99) PC
Page 2 of 3
204
Loan No. 9398785 -30316
The Lender will then determine the amount of the monthly payment that would be sufficient to repay the
unpaid principal balance as of the Change Date in full on the Maturity Date at the new interest rate in
substantially equal payments. The result of this calculation will be the new monthly payment.
(d) Limits on Interest Rate Changes
The interest rate at the first Change Date will not be greater than 14.450 or less than
11.450 Thereafter, the adjustable interest rate will never be increased or decreased on any
single Change Date by more than One
percentage points 1.000 from the rate of interest applicable during the preceding 6 months. The
adjustable interest rate will never be greater than 17.450 which is called the "Maximum Rate"
or less than 11.450 which is called the "Minimum Rate
(e) Effective Date of Changes
Each new adjustable interest rate will become effective on each Change Date. The amount of each new
monthly payment will be due and payable on the first monthly payment date after the Change Date until the
amount of the monthly payment changes again.
(f) Notice of Changes
The Lender will deliver or mail a notice of any changes in the adjustable interest rate and the amount of the
new monthly payment to the Borrower before the effective date of any change. The notice will include
information required by law to be given to the Borrower and also the title and telephone number of a person who
will answer any questions regarding the notice.
1. Until Borrower's initial fixed interest rate changes to an adjustable interest rate under the terms stated in
Section A above, Uniform Covenant 17 of the Security Instrument provides as follows:
Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any
interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not
a natural person) without Lender's prior written consent, Lender may, at its option, require immediate payment in
full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if
exercise is prohibited by federal law as of the date of this Security Instrument.
If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a
period of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all
sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this
period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand
on Borrower.
2. When Borrower's initial fixed interest rate changes to an adjustable interest rate under the terms stated in
Section A above, Uniform Covenant 17 of the Security Instrument contained in Section B(1) above shall then
cease to be in effect, and Uniform Covenant 17 of the Security Instrument shall be amended to read as follows:
Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any
interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not
a natural person) without Lender's prior written consent, Lender may, at its option, require immediate payment in
full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if