Loading...
HomeMy WebLinkAbout87130911 11 1 LO /L L90£ au0A III 11 'S'IgVV1 (888) Pi `9ZOZ Ij i 'iu ?i3 `9Z0Z xog 'O'd jo zaqumu auogdaiai pus ssazpps us spg pus `azempiaa 3o sMei agi Japan 8utispra pup pazIudio st S)IgLAi •luaulnalsul Slianaas sill aapun aa2824Jouz aql si •su2Issp pup szossaaans mapua7 pup zapuaZ Joj aauiuiou p sp Aiaios 8uipas si isgi uopezodzoa aip.redas i si sggy'i •auI `suiaistis uoiipzisi2311 oiuoiiaaig a858izoj si „s agjs„ (D) •Iuauinzisul Allmon TT) Japan zo2p8izoui mil st JOMOIJOH NOSIlad S`IONIS Fl '11IK'IH SNSEI si „Jauoaaog„ (g) •ivaainaop sigi of szapi>l iip giim zaiiia8oi 100 Z HI O E A JVIINVf paipp si gaigm `ivauinaop stgi susaui „IuamnalsuI Slia1130S„ (v) •9T uoiiaas ut papinozd osip a re ivaumoop sigi ui pasn spzoM JO a8esn agi 2u!Plaoi saint uteiiaD 'TZ Pup OZ `8T `£1 `11 suotiaas ui paui ap alp spzoM zatpo pup mom paui,Iap aJp ivauataop sigi jo suoiiaas aidtiinui ui pasn spzoM 6T60TIiEZTt09Z9000T NIIAI 0 7 gDVd 2Id S f Ei 4� 1 1 10 J3i0 k11 41100 rft) N1OaN1i (1 idAd`a ;t [R ma Nu!P.roaag Jog Gun S qJ eAoq? aaedS] 9 L ;o L aged 10190001(AM)V9- COI I (0o /Ti) OLLLAMdN SH3W HlIM IN3Wf 8.LSNI WdOJINfl 0V1)11 eluuad- AllweJ elfu!S- JNIWOAM EDVOI IO N IezrLZ9100131- swao3 39V9 lOW dwn OVZSL X,L 'sP11PQ OS a Tfl 'ani.1Q wnaon0 0S86T xaoM ;aN 1PTouPUTd s5uTwoDewoH G(CIL8 SNOI.LINIdg 1 pa ndaJ i 60ib£Z ib0 :aegwnN uvo- £ZbSS NN `sliodw utnyAI 00i 'a1S 'Jatsso1D us[pr aW aap 'ow )IIOM33N istausrnd s2mca03a¢wH :oj uzniag TO£t7TOTO S39fl1101 .107 '1t041 33S 913 etwiltJ CP 3SV373 �p� (D) "Lender" is HOMECOMINGS FINANCIAL NETWORK INC. Lender is a CORPORATION organized and existing under the laws of DELAWARE Lender's address is 14850 QUORUM DRIVE, SUITE 450 DALLAS, TX 75240 (E) "Note" means the promissory note signed by Borrower and dated JANUARY 3 0TH 2 0 01 The Note states that Borrower owes Lender S IXTY TWO THOUSAND FOUR HUNDRED AND NO/100 Dollars (U.S. 6 2 4 0 0.0 0 plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later thanFEBRUARY 1ST, 2 031 (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. (II) "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 I Condominium Rider 1 1 Second Home Rider Balloon Rider E1 Planned Unit Development Ride[ 1 -4 Family Rider Fl VA Rider Biweekly Payment Rider I 1 Other(s) [specify] 241 (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) misrepresentationsof, 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 SettlementProceduresAct (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 requirementsand 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. MFWY7770 (11 /00) 041 234109 -1 6A(WY) (0oo5).01 Initial Page 2 of 15 Form 3051 1/01 L0 /L L50£ UUOI V :c1¢iaM 5 L ;o g oaed 1.015000) (AM)119-15:p i 60ib£Z (00 /ii) OLLLAMdNW 1jzadozd pnaz &upanoa auauinzasuT *moos uuojpun g alma ;suoo of nopoppstznf suopeprn pa ;puttp tp ;1M s;unuanoo utzojiun -uou pug asn puot ;uu ioj s ;treuanoo utzoJiuu sautgtuoo INRIAIf12I.LSNI A,LI2IflDgS SIH.L •pzooaz jo saouezqumoua Niue o ;oafgns `spueuiap pun sulIpp pie isuirSr ;zadozd alp o; app aria tpzaua;I pualap pjIM pun s ;uezznM zaMozzog pzooaz josaounzquinoua zoj ;daoxa `pazagtunouaun si A;zadozd aTp Imp puu Xzadozd alp Lianuoo puu ;unaS `02e2;zo1.1u o; ;qp aria sgq pun paiianuoa Agazaip a ;sa alp jo pastas iiiitt3MUj s1 ZaMOZZOg SINVN AOJJIgMO2I2IOg ;uauinz ;sup A ;Tmoos sp p Supiaouuo pun Sucsnapaz `01 pa ;iwq ;ou ;nq `;IuTpnpaui zapua1 jo pazmbaz uoiaou Sue mope; of pun `.Aazadozd aTp spas pun asopazo3 o) ;14 Li alp `o; pa ;ptug ;ou ;nq lutpnput `s ;sazalu1 asotp 3o tin zo /tug astozaxa o; 142u alp snip (su9issn pun szossaoons s, i pua-i pun zapua -i zoj aautmou sg) Sggyv `uto ;sno zo mu' TpTM Aidumo o; kirssaaau 3p 'mg `ivamnz ;sup A ;unoas spq; ui zamouog Xq paauez.5 s ;saza ;un aTp o; app; pg;Iai /quo smug sumAI i mp saaz2u pue spunaszapun zamoz1O g 1azadozd„ aTi; sn ;uaumzisui Aaunaa s snp up oa poi/op/ sT 21to2azoj alp jo TIV ;uaumz ;sup *moos spTp Aq pazanoa aq ospn iiggis suoplppg puu sauaumaogidaz i[V Spodozd alp jo azud n zapuazaii zo Mou sa.maxi,I pun `saaunua ;znddn `s ;uauiasga Iiu puu `Azadozd aTp uo papaza z070z011 JO MOU spautanozduUn atp 1T H.LIM2IgHJ2DO,L „ssazppy S ;zadozd [apo3 drZ] 9 Z T E 8 SuiuTOkM [xuo] ,LOOwS [mils] 191 HVO XZNII00 9 L 9 3o ssazppn alp sutp &puauno TioltiM 0 0 SI 0 0 0 VT 0 6 TOE :zaqumN QI Pared ONINNIJSH 30 ,LNIOd HILL O,L ZHS3 L ZZ H,LIIOS SONHH,L Z2S3 9ET ,LSKS SONHH,L ,LHH3 L ZZ H,L2ION SONHH,L f12S3 9ET ,LSHM HONHH,L 'ONINOAM •bd•d H19 'M6TT21 'NOEL 'T NOI,LDHS 30 2IHNHOD HS HH31 3 0 H.LHON 12H3 88S'T SI HDIHM ,LNIOd V Zd' 0NINNIJHS [uoi oipsunt Su rpsooag Jo autmN] [uor2orpsunr 8utpiooa11po adS,J N'IODNI'I 3O A,LNf OD 0 11 111 pa ;naop 4zadozd paquosap 2ulMOipo3 gip `apes jo zamod Ti ;tM `s'a ii”] jo su2tssn pun szossaoons aTp oa puu (suaissu pun szossaoons s,zapua-i pun zapua-i zoj aauituou sr Slaps) sugiN o; Xianuoo puu Tura 'a2u2azout Agazatp sop JOMOZZOg `asodznd sptp zod •o1oN atp punuaumz ;sup Al1maaS sptp zapun s ;uatuaaBu pue s ;uguanoo s,zaMOZZOg JO aouuu1JO3zad atp (n) puu 'a ;om aii; 3o suoi ;no1jiipouw pug suolsuaaxa `sp Atauas pig pug `uuori gip 3o ;uaugndaz alp (1) :zapua-i o; samoas ;uauinzasui snit' A,LHadO'Id gH,L NI SIHOIDI ,3O 2I IJSNV'LL ;uautnzasui ii ;pmoas SIT Jo /pug a1°N atp zapun suolag;Iligo s,zaMOJI0a pamUnssu SPIT A1zgd anTp aou JO zatpatJM 1.1z0dozd atp; o; app UO31E1 sgii aura A1zud ATM sugoui „daMO.uog 30 ;saaa ;ul ui aossaaans„ (CO e 0 r^, d' 2.4.E 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 instrumentreceived by Lender as payment under the Note or this Security Instrumentis returnedto Lender unpaid, Lender may require that any or all subsequentpayments 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 deemedreceived by Lender when received at the location designated in the Note or at such other location as may be designatedby Lender in accordancewith 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 hereunderor 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 unappliedfunds. Lender may hold such unappliedfunds until Borrower makes payment to bring the Loan current. If Borrower does not do so within a reasonableperiod 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 Instrumentor performing the covenants and agreementssecuredby 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 prepaymentsshall 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 Instrumentas a lien or encumbranceon 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 MFWY7770 (11/00) 041- 234109 -1 CD 6A(WY) (00051.01 Page 4 of 15 Initials: Form 3051 1/01 L0 /L L5OE WJO j Pre 9 L ;o 9 abed Lo•le000) (AM)yg ®p T (00 /II) OLLLAAAd■I am Suidjr uapi aotlou g zamorz011 OATS dgtu zapua-I `)uaumz)sul Sltznoas sit) JOAO d)iz0izd ure))u ueo gputm uag a o) pafgns sr d)zadozd alit jo Ind Aug Ieulsaututza)ap zapua? 3l •)uaumzisul dliznoas sup o) uaii aq) Supemiprogns zapua -I o) dzopujspus)uatuaa12e 1911 uati aria 3o zapioti agl utor3 saznoas (3) zo :papnpuoo aze sSulpaa3ozd bans !pun Apo )nq `Suipuad azr sSutpaaaozd asoip aptim uaii ag) 3o)uautaozojua aril luanazd o) a)ezado uoiutdo s,zapua' ui t pigm sStnpaaoozd TrSat `ut uati alp 3oluautaazoJua )sureSu spuajap JO 'ACT tpie3 pooS ut uag alp slsaluoa (q) `.luatuaai2u lions Suiuuojzad st zamozzog se Suoi os ,ituo Inq `zapuarl o) aigeida3ouzauurui a UT 19011 alp dgpazn3as uope2ugo alp jo luautdud am o) Suppm tosaaiSe (r) :zamozzog ssaiun)uaumz)sul d)iznoaS sup zano d)izotzd sett g3ttim uag due aSzetpsip dpdtuozd hugs zamozrog uot)oas ut papinozd zauuum alp ut utagl And ins zamozzog 'swan molsg are sum)! asagl leg) )193)x3 aril oy •Xur 3i `s)uatussassy pug `saa,d `sang uopeioossydluznmtao3 pure 'Aug 3i 'Spada'," alp uo s)uaz punoi2 zo s)uatuded piogaseai `)uatunzlsul d)iznoas sup zano d)tzoizd uie))e uu3 9201 dizadozd Zip olaigelnq!Jur suot)isodtut pug tau") `saSzgtp `s)uautssasse `saxel iii dud ins zamozzog •suan fsaSaegg b •zapua-i dq piag spun Aug zamozzog o) punJaz dpdutozd itegs zapua -I `)uatunz)suI d)izn3as Sup dq pazn3as sums iig jo iin3 ut )uautdrd uodn •s)uatuded dig)uotu Zt urn) azout ou 191 Inq `ydSg2l g)im a3uepzo33e 191 douatot am do a)iutu o) dzess030u lunotue alp zapua'i o) dud hulls zamozzog pug `ydsgJJ dq pa unbaz se zam0zz0g 49ou itegs zapuarl `ydsg)l zapun pan gap se `moz3sa ut mil spun 3o douapJap u slant') 3I •s)uamdgd ditpuout ZT treg) arotu ou u1)nq `ydsau giimaourpz000e 191 a2u)rogs alp do alma o) dzessa3au )uno= alp zapua-I o) dud Togs r0m0zz0g pug `ddSgli dgpazinbaz su z0m0zr011 d31)ou iietis zapua-I `ydSg2l zapun pautjap se `m0z3s0 ut matt spun 3o aSe)zogs a slang) 3I •ydsg2i glimaourpzo33r 191 spunj ssaoxa ag) zo3 zamozz0 o) )uno0oe Itugs zapua-I `V'dSg2I zapun patn,3ap se `mozosa 191 pion sp191d jo sntdzns u st azag) 3I •ydsg 1 dq paztnbaz se spun3 ag) jo 2upuno33e tenuuu uu `aareg3 )nog)im `zamozzog o) ani2 wens zapua-I .spun aril uo pied aq Timis )saza)tn )gtp `ranamog `Sut)um ui 001S1 uea zapua-I pug z0m0zz0g *spun alp 190 SSU!Uzga z0 Isara)u1 due z0m0rz0g ded o) paztnbaz aq lou hens zapua -I `spun alp uo pied aq o) )saza)ui sartnbaz me-I aigrogddy JO Sut)tzm 191 apetu st)uautaa12e ue ssaiun •aSrutp a Bons alum 01 zapua-I s)ituzad mu-I aigeouddy pug spun, alp uo )saza)tn zamozzog sded rapuai ss3tun `sum)! moz3sg am 2upipzan z0 `)uno33u M0z353 ati) Suizdiuue diienuue `spun au) 219ididde pure Suipiog zo3 zamozzog aSzetp )ou iiegs zap19arl •ydS F I zapun paiji3ads atut) ati) 19ug) za)ei 319 Small moz3sg an) dud o) spun 31p didde hugs zap19a-I }Mg UE010111014 iuzapad due ui z0 (paznsut os azg s)isodap as0gm uo1)n)1)stn 19g sI zapua'I 3i `zapua'I Sutpnput) dlpua z0 `d)geluatunz)sui `dougS& iezapal r dq paznstu aze s)isodap asotim uo1)n)psrt 1911 to piati aq hut's spun any •me-I 3xge3itddy g)im aauepzo33e ut astmzaq)o zo sum)) moz3sg aznln3 30 sazn)ipuadxa 3o sa)11W1)sa aigeuoseaz pug elup luazzn3 3o Teti a1i) uo anp span 30 )unouxe ati) a)uutt)sa hens zapua -I •vdsga zapun aztnbaz uea zapuai a Itmoure umuttxetu alp paa3xa o) )ou (q) pug `ydsgu zapun paupads at191) alp le spun a1i) diddu o) zapuarl lituzad o) )uai31J3ns (e) )unoute 1911 191 spun pioq pug )331133 `amp due le `dent zapua-I 19otl3as sup zapun paztnbaz 193rd azr )e) `s)19not19r tens UT pug `spun 1111 zapua-I o) ded netts zamo.uog `uot)e30A01 tens uodn `pug ST uo1)oaS Iptm 23uep033u to tan15 331)019 a dq atup Aug )u small moz3sg iii zo Aug o) su I3n1um alp a)ionaz dear z0p117I •)ttn0ure Bons Aug zapua1 o) dedaz o) 6 uot)oas zapun pa)12ggo aq uag) hugs zamozzog pug lunotue tens ded pug 6 uot)3as zapun s)12iz s)i ast3zaxa Arm zapuarl `tua)I moz3sg uu zo3 anp )19not19u alp ded o) sun zamozzog pug `zaniem a o) )uensznd `dpoaztp small moz3sg ded o) pa)e51igo s1 z0m0zz011 3I •6190t13as ut past s1 „)19atuaa12e pug 111eu2A03„ asezgd au) se `Iuatunzis19l diiznoas sup to paute)uo3luautaa1u pug )ueuano3 a aq 0)pautaap aq sasodznd itu zo3 hurts s)dia3az apinozd o) pug sluam/cud lions avtu 0) 190il1Sgg0 s,zamozzog •az1nbaz detu zapua-I se poyad amp lions unpim )uautArd ti3ns 2tn3uapna s)d1a3ar rapua-I o) gsiuzn3 nets `saz1nbaz zapuari 3i `pug zapua-I dq pantumUaaq sett spun jo luauard g3igm zo3 swan mama due ro3 anp U P 141 to LJ MFWY7770 (11 /00) 041 234109 -1 6A(WY) (0005).01 Page 6 of 15 245 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, earthquakesand 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 seiitences 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 /oras 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 requiredby Lender, shall be applied to restorationor repair of the Property, if the restorationor repair is economically feasible and Lender's security is not lessened. During such repair and restorationperiod, 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 restorationin a single payment or in a series of progress payments as the work is completed. Unless an agreementis 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 restorationor 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 Form 3051 1 /01 9 I. L90£ WJoj Zit siemui 9 t ;o L e Bed to•)e000) (AM)119 %AP T X00 /ii) OLLLAM3W aiquuosraz 2uuied (o) pum ;znoo uT &uuuaddg (q) ;uaumz ;sui Ammon sTI; zano A;TZo!Zd sell IoTgM uaq m ,iq pamaas nuns &um SumAed (m) :o; pa ;iuwq ;ou azm inq `apnpoui umo suoi ;om s,zapua -i •A1zadozd aI; 21.rpFdazzo /pue &uunoas pug %padozd alp jo amen alp 2uissassgzo /pug tut ;oa ;ozd auipnput ;uautnz ;sui A;imoas sig; zapun s ;quiz pug A ;zadozd aq; ut ;saza ;u! s,zapua -i ;oa ;ozd o; a ;gizdozddr JO apgguosuaz s! zanalrgm zo3 /Cud pue op Amu zapua' uatp `Azadozd otp pauopurqr smq zaMOZZOg (o) zo `(suoi rin2az JO %AEI aoiojua o; zo ;uauingsui ;TZnoas siq; nano A;izopd 'alum Amur IoigM uag m 3o ;uoulaozojua zo3 `azn ;iapo3 zouopruutapuoo zo3 `a;ugoid ;dnnpuiq ui 2uipaaoozd u su ions) ;uaumz ;sui A;pnoas sTq; zapun s ;I2uzo /pum A;zadozd alp ui ;saza ;ui s,zapua' pa33m Apumoijiu.2is Tell; 2uipaaoozd paap g sT ant; (q) ;uautnz ;sui iTZnoas site uipauim ;uoos ;uautaazdu pun s ;ueuanoo al ;uizojzad o; spigJzamozzog (m) 3I •;uautna;sui 44ianaas sun Japan giq &t& pun Raaadoad aqi u! ;mom s,aapua7 3o uoi ;aaioad '6 •aouapisaz ppdiouud s,zaMOZZOH se X;zado.id alp jo burdn000 s,zannozzog 2uiuza3uo3suoip ;uasazdgz `o; pa ;iuTii ;ou azm ;nq `apnpu!suoi ;u ;uasazdaz ppiza ;my i umo-i aip g ;iM not ;oauuoo ui (uoi ;euuoJui ppualum I ;inn zapua' apinozd o; papim3 zo) zapua' o ;s ;uauia ;p ;s JO uopruizo3uia ;mmaamuT z0 4211110mapsiiu 40slu3 Aiieiza ;euT ang2 1uasuo3 JO apgim011/ S,zaM011og I ;IM z0 zaMOIJOg 3o uoi ;oazip Hp ;m 2upor sai ;T ;uo z0 suoszad &uu z0 zaM0110 `ssaoozd uoprogddr Tiro' alp 2uiznp `3i ;pngJap ui aq Ins zamozzog •uoi ;middy ugori s .8 •asnro apquuosiaz lions 2ulAjpods uoi ;oadsui zoiza ;Tin um Ions o; zoud zo 3O amp aq; ;m aoi ;ou zaMOZZOH 0Al2 hags zapua' aI; uo s ;uauianozduii alp 3O z0ua ;ui aI; ;oadsui ,iuui zapua' `asnmo apgmuospaz smI ;i 3I '/Clzadozd alp jo suoi ;oadsui pug uodn so plug aigeuosmaz avuT Arai luau s ;T JO zapua' '1109g1015a1 z0 zigdas lions jo uoi ;apdaxoo alp zo3 uoT qqo s,zamozzog jo panaipaz ;ou sT zamozzog `A;zadozd aI; az0 ;saz JO ngdaz 01 TuaToT ;ou azu sp0000zduotpruuiapuoo JO aougznsui ag; 3i •pa ;apdutoo sT X.OM MO SE sluougrd ssa.i2ozd jo sauas m uT zo ;uaugrd a0uis g uiuoT ;gzo ;saz pug szwmdaz aI; zojspaaoozd aszngsip Sum zapua' •sasodznd lions zo3 spaaoozd pasmapaz sag zapua' 3i Alm A;zadozd alp 2uuo ;saz .10 Suizredoi ioj apgisuodsaz aq ppmgs zaMOZZOg `S.1zadozd 04; 40 2uDjm; ag; zo `0; o2rutrp g ;iM uoi ;oauuoo uT piid azu spaaoozduoi ;muuIopuoo 10 aougznsui 3i •o2ruirp z0 uoipmzo1Za ;ap ioipin3 pion 01 pa8puiep 3i 3zadozd oip zipdaz Apduiozd ii is zamozzog `aigisgoj IfmoTmouooa ;ou siuoT ;gz0190z zo iludaz ;ug; S uoi ;oas o ;;uensmdpautuiza ;ap sT ;i ssap in •uoT ;ipuoo s ;T 01 anp anpgn Tit 2uisuazoap z0 2uT ;uzoTZa ;ap wag i4zadozd alp ;uanazd 01 zapzo uT A ;zadozd a p utm ;uimuz ipggs zaMO.izog `A;zadozd alp ui 811ipisaz sT zamozz0g 1011 JO zaq ;agM •A;zadozd 0111 110 a ;smM ;iuiutOo zo a;gzoponp 01 ,i ;zadozd oip Mopt `Iizad0zd gip ztmdaTt zo a2uw tp `Aoz ;sap ;ou iiegs zaMOZZOg suoi ;aadsui :,fpadoad aqi jo uoipa;oad pug aaugua;uiep i `uoppgeaasaad •L •1011uoo s,zamozzog puo&aq azm IoilM ;sixa saoum ;suinozio 2ui;mnu0 X0 ssalun .10 `piagg ;i.M ,iigruosiazun aq ;0u iiggs ;uasuoo iptgM `2upu1 ui saaziig asiMZag ;o zapua' ssapun `1fouudn000 jo a ;lip ag; zaw zeal( auo ;seam ;it zo3 aouapisaz igdpuud s,zamoz10g SE klzadozd alp Adn000 01 anus ;uoo Timis pup ;uaimuisai Allmon sap 3o uopnoaxa alp za ;3m &iup 09 unpin' aouapisaz p tdtouud s,zamozz0g sr A ;10dozd aip asn pug `gstiqu ;sa `Adn000 hugs zaMOZZOg •ifougdnoap •9 •anp ugl; ;ou JO za pJIM ;uauinz;sui Allmon SIT JO 010N ag; zapun pimdun s;unotu d o; JO Azadozd alp azo ;saz JO ztudaz o; zal ;Ta spa000zd aoumznsui an asn Amur zapua' •A;zgdozd alp 3O auzanoo 0111 01 apggogddm azm s ;quiz Ions sr zmjosui `1(;zadozd aI; 2uizanoo saioipod aoumznsui ape zapun (loMozzog Aq mud sum mold pauzuaun jo punpaz /Tug o; 1112u ag; arm za ;o) siggiz s,zamozzog jo za ;o Aue (q) puu ;uoumz ;sup S;imoas sap z0 0 10N 011; zapun pimdun s ;unouir alp p003X0 o; ;0u ;unouTm uu ui sp0000zd 03ugznsuT Sur 01 s11 s,zaMOZSOg (g) zapua' 01 sa2TSSg Iigazag 10M0110g `as1MZaipo SO ZZ uoT ;oas zapun A;zadozd alp sazinbom zapua' 31 z0 1110A0 .101p10 uj •110n12 si 039011 011; uagj uT20q ppIM popod imp -0£ agy -alma aq; ap ;as pug a ;mpo2au Amu zapua' ugly 'tarp m ap ;as 01 pony() sag zaizzgo aougmsut alp ;gip; zapua' umz3 aoi ;ou m 01 &iup 0£ uppii puodsoz 10u saop zaMOZZOg 3I •szaa ;1 W pg ;gpaz puu Julep aougmsut oigitprAr Aug aims pug a ;gT ;o2ou `air SEW zapua' 'filmdom ag; suopuegr z0MOZZOg 3I Z uoi ;305 uT zo3 pap!nozd zapzo am ui paTiddg aq imp spaaoozd aougmsut Tans •10M0zz0g 01 mud `Sur 3i `5503x0 aI; p Col jy t j� r:._r .4 r1 0 1)r +P attorneys' fees to protectits interest in the Property and /orrights 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 Insurancein 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 designatedpayments 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 designatedpayments toward the premiums for Mortgage Insurance. If Lender requiredMortgage 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 requirementfor Mortgage Insurance ends in accordancewith any written agreementbetweenBorrower and Lender providing for such terminationor until terminationis requiredby 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 agreementswith 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 agreementsmay 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. MFWY7770 (11/00) 041- 234109 -1 6A(WY) (0005).01 Page 8 of 15 r, A 1 C.: I Form 3051 1 /01 LO /L LSO£ tuJoj 817Z 5 L 10 6 o6od 10.(s000( (Am)v9- ceD i ib0 (00/II) OLLLAMLIW z uoiiaas ut zo3 papinozd zapzo a p ui paipdde aq ilegs Slzadozd alp jo iu daz zo uouezolsaz o; paipdde iou aig rip spaaoozd snoaugnaosm ipy •zapuaZ o) pied aq nets pug pau2issg ,'gang am ,iizadozd aq; uI Isazaiut s joauauiztgdun olp olaigginqui ;g gig'gip ;saguirp zo3 tuigp JO pirAce Aug jo spaaaozd •luauunzisul Allman sup zapim sigSuz JO ,ilzadozd alp ui Isazalui sppua- jo ivatuzigdun pgtzaleti nip zo dlzadozd aiil jo oinliajzo3 sapnpoazd `ivawwpuf mapua- ui Sugnz a ipiM passiiusip aq oI Suipaaoozd z0 uopog gip Sinsngo Aq '6T uoip g ut papinozd se aigisuiaz 'pazzi sett uopgznpaaor 3! `pug Itngjap g'pus azna ugo zamozzog •Iuaumzlsul AllmonS situ zapun siiAz zo Xizadozd alp ui Isazaiut s,zapual jo luatuziedug Timm nip JO ifizadozd alp jo azn ;tajzo3 ui itnsaz moo 'ivattapnf s,zapual ui 'mu unSaq si 'teuituiza zo !lira za'pattm 'Suipaaoozd JO uoiiag ,tug 3i unmap ui aq netts zamozzog •spaaoozd snOaueptaosry4I 0i pzgSai UT u0uog Jo. g sgq zamozzog tuoipm IsuigSe Spud alp zo spaaaozd snoaueiiaosm zamozzog SOMO lgtp kind pzup aqI sum „Spud Suisoddp„ •anp uatp Iou JO zatpa'pm'Iuaumzisul 4moas sup Sgpaznoas sums alp of JO ,fizadozd aqp jo =do/ zo uouezolsaz of za'pia spaaoozd snoaugnaasm alp ,itdde pug laaiioa of pazizotpng si zapuaZ `u2n1 si aopou alp aigp alp imp s,igp o£ mgiiM zapua -i of puodsaz of siig3 zamozzoil `sAguzep zo3 ugep a apps pzgme ug wpem oI sza33o (aouaivas Ixau alp to paurdap se) £izgd Suisoddp alp igtp zamozzog of zapuaZ ,iq aaiiou zai3e `3i zo 'z0MOJJOg pauopugge si ,fizadozd gip 3I •anp uatp azg sums gip IOU zo za'piagM ivatunzisul sup Sq paznoas stuns aqi of paitddr aq !Ie'Is spaaaozd snoauguaosm alp `Supizm ui aaz .2e asJMZatpo zapuaZ pug zamozzog ssapun `amen m ssop zo 'uoiionzisap 'Sunpgl Trpzed atp azo3aq Xpaieipatutuu paznoas stets alp jo lunouue aqi uetp ssap sI amen ui ss0T JO 'uoi ;anzlsap 'Sunpei pgt ;zed aqi azopaq,italgipatnuu ,i;zadozd aq; jo amen 1031zeti zie3 alp ipaupM ti410d0zd aqi JO ameA ui ssop JO 'uoilonzlsap 'Suiapgi pgtlzed g JO ivana alp u! •zaMOZZOg oI pied aq iteits aougpeg ry •amgn uI ssop zo `uouanzisap 'Sunti el peilzgd aqi azojaq ,itaieipatutui ,f;zadozd alp jo amgn I031zetu zig3 aqi (q) Xq papinip amen m ssoi z0 'uoulonzisap 'Stmpei pepzed oq azojaq ,ipaieipatitu! patinas sums alp jo Iunottig peioi alp (g) :uouoez3 2uimono3 alp kg pagdptntu spaaaozd snoateppaasm alp jo iunotue atpi kg pampa' aq ppegs luauinzlsul 'Slimaas sup kg paznoas stuns aip e2I2 asiMZagio zapuaZ pug zamozzog ssapun `amen uI ssop JO `uou ottilsap `Sul)pei pepzed alp azo3aq Spaieipatuuzi luatznzisul diimoas sup Aq pamaas stuns mu jo iunotug aqi trip zaieazS z0 of pgnba s! amgn uI ssop z0 `uoponzlsap 'Suppg; ttiiizgd alp azopaq,itaieipatutn eiizadozd alp 3o amen ;aYpzgti IIe3 alp tpautM iu kizadozd alp 3o amgn uI ssop JO `uouonzisap StlPpgi FT)JEa a 3O ivana aqi 111 •1 M0110g 0) pied 'Aug 3i `ssaaxa alp mutt 'anp uatp Iou JO zaipagq' ;uauunzisup Altznoas sup ,igpamaas sums alp of paipdde aq ppeiis spaaoozd snoaueipaoSi gip '6;zadozd gip 3o =TA to ssop JO `uotionz ;sap `2uptri pelol g 3o Iuana a'p up uouoas ut zo3 papinozd zapzo alp ui paipdde aq netts spaaaozd snoaueppaosm 'pons •1 M0110g 0; pled 'Aug 3i `ssaoxa gip tpiM 'anp uatp lot 10 zaipa'pm 'ivauinzis% Siiznoas sup ,iq paznoas sums gip of pagdde aq Hugs spaaoozd snoaueipaosq alp 'pauassap aq ppnoM ,ilimoas s,zapual JO apgisga3 )ingo!tuouoaa iou st ziedaz zouopezoisaz alp 3I •spaaoozd snoaueIaasm lions 110 sR'Liuzga JO Isazaiut site IOMOZZOH Awl oI pa unbaz aq Iou ngtps zapua-! `spaaoozd snoauenaosiJA,I 'pons uo pied aq of lsazaiul sagnbai Mel atggatiddy zo Suii1JM to apeti slluatuaaBe ue ssapun •pa;atd'uoa sI 311OM a'pi se sluatu,ied ssaiSOZd jo saunas a ut z0 luauuaszngstp atSuis g ui uouezolsaz pug sziedaz alp zo3 ,led ,fell zapuaZ •,ipduuozduagelzapun aq nets uouoadsul !pans Imp papino.zd'uopagjspes s oI palapdmoo wag oil *tom alp amsua oI ,iizadozd 'ions paling oI Aliunizoddo ug pgg seq zapuaZ -pun spaaoozd snoaueipaosip,%'pus p'o'i 0) IijSiz alp aneq iie'is zapua- `potioduouezolsaz pug ziedaz'ians SutznU •pauassap Iou si iiiznoas s,zapuai pug apgisea3 Angottiouooa si ziedaz z0 uouez0lsaz auI 3i `,flzadozd alp 3o ziedaz 10 uouez0isaz oI paiidde aq neaps spaaoozd snoauenaosmipons 'p22eulep s' klzadozd alp 3I zapuaZ of pied aq nut's pug of pau2isse ,igazaii aze spaaoozd snoaugnaasip ply •aan;iajaog spaaaozd snoauenaasg,J 30 ;uatuuSissy 'TT •tot ;euiutaa; JO uot;eppaauea flans jo aun; aq; ;e pauaeaun mani ;eq; smtnttuaad aaueansul ages ;aoytI Sue jo puma.' e aAIaaaa o; ao /pue ',fjeap;e'uo;ne pa;euiu'aa; aaugansul aSeSpoyx aq; aeefl o; 'aaueansul agglaoyx aq; jo uoriellaauea upe;go pug ;sanbaa o; 'saansopstp ute;.taa amaaaa o; ;qua aq; apntaut Sew s;gfla asagy .Mgt aafl ;o ,Cut .10 8661 30 PV uoi;aa;oad saauAMoautog aq; aapun aaugansul aSe8;aol,4J aq; o; ;aadsaa q ;ut due 3I seq aauoaaog s;gSta aq; pa33e ;ou tut s ;uautaaa2e gnus Auy (q) f (t )--4 O u '---L 24 9 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortizationof the sums securedby this Security Instrumentgrantedby Lender to Borrower or any Successor in Interest of Borrower shall not operateto release the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required to commenceproceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortizationof the sums securedby this Security Instrumentby reason of any demandmadeby the original Borrower or any Successors in Interest of Borrower. Any forbearanceby 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 amountsless 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 securedby this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodationswith 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 Instrumentin 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 Instrumentunless 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 Instrumentto 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 interpretedso 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 permittedlimit; 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 Instrumentshall be deemedto 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. MFWY7770 (11/00) 041- 234109 -1 6A(WY) 10005101 Initials: Page 10 of 15 Form 3051 1/01 MIN LO /L LBOC WJad 0 �C; S L 10 L L a6e4 Lo•(e000) (AM)V9 T X00 /ii) OLLLAmdYI VdSL2I uotleuizoJut zatpo due pug apgtu aq moils sauauiX d 11oigm 01 ssazppe alp `zaatnzaS ueoZ Mau gip 3o ssazppe pue atueu alp awls IITM 1pIgM ague p alp jo a0ilou uallizm uamil aq iJ?m zaMOZZOg `zaoinzas ueoi alp 3o a2uega g si aza 'Tp 3I aioN aqp jo ales e olpaogiazun zaain' s ueo' a 'T1 saguggo glom zo auo aq 1tOnu osig =au Awl alggoilddy pue `yuauinipsul doings sup `aioN aql zapun suopgglgo guratnzas ueol aggglzout igloo suuojzad pug luaumzlsui *moos sup pug mom alp zapun anp sluaurdgd oipouad sp0alloo lggl zaotnzas ugo-L, all se umou4) ilpua all uT agugtp a ui pinsaz Wuxi ales v •zamozzog 01 aoilou loud lnoipTm same azoui JO auo Nos aq ueo (luaumzlsul dounoas sup lliM zaglaSoy) aloN gip ui lsazalui l g JO 01ON 011, •aauonau0 ;o 3apo4 :aaaunaas unorj jo aguggj :nom jo is *OZ •8T uoiloas zapun uoTlezapooe 3o asgo all ui dldde you Begsalgosuraz 01 1q !1 sup `zanamoH Talmo() pequoryezalaoog ou 3i se aniloa33a dlln3 uteuiaz lie 'Ts dgaza'T paznoas suoilg2ggo pugyuatun gsul Slangs sill `zaMozzog dgluauiapgostnaz uodn zajsugz, spun3 oiuozioalg (p) JO `1lilua JO dmeluatunzpsui `buagg lezapa3 a dq pamsut an slTsodap asogm uoTlnlilsut ug uodn umezp si vow ipns dug papteozd `pip s zo Manila s,zamsgazl 3iueq Voip pat lzao (o) !zap() dauom (q) !Teo (e) :zapua-1 dq paloaps se `suuo3 2u!molio3 all jo glom zo auo ui sasuadxa pue sumsyuatualgystnaz lops Aced z0m0zz0g yell azinbaz Sum zapua-i •pagug pun anupuoo Ilgtrs `yuatunzlsul dlunoas sill dgpaztiOas sums all iced of uoilegggo s,zam0zz0g pue `luaumzlsui dotznaas sup zapun s1g2tz pue dlzadozd all ut lsazalui s,zapua-i yell aznsse o1 azinbaz digeuosgaz Sum zapua-i se uo1loe Trans sadly (p) pug `.ouatunzlsul dlimoas sup zapun s1 'T2iz par Spacial,' all ui Isazalu' s,zapua-i gupoalozd 3o asodznd all zo3 pazznoui saa3 impo pug `saa3 uoilenlen pue uoTloadsui Slzadozd `saa3 ,sdauzolle algeuoseaz `01 palttu�i you lnq `guipnpui luatunzysui dyiznzas sup gui3zojua ui pazznoui sasuadxa lie sled (o) `.spuauiaazde JO slueuanoo zallo Niue 3o llnejap dug sam0 (q) `.pazznaoo pequopezalaooe ou j se aloN all pug1uatunzlsul dotmoas sup zapun anp aq mom uatp loigM sums lye zapu0%i stied (e) :zamozzog nip aze suotyipuoo asog, •luaumzysul dyTmoas sill guiozojua luautgpnf a 3o dzlua (o) z0 `.a1e1suraz 01 ytrgiz s,zaMOZZOg 3o u0ilgniuual all zo3 djraads 1i(w me-i algeotiddy se pound zatrlo trans (q) 4uaumzlsui *moos sup uipaureluoo ales 3o zamod due 01luensmd dlzadozd all 3o ales azopaq sdep ang (e) :3o osarizea all 01 zotzd aunt km 1g panupuoosip luaumzlsul dlimoas sup 3o luautaozo3ua ane'T 0l 1 I ll anel llg11s zamozzog `suotlipuoo uiglza0 mom 1 MOZZOg 3l •uooaeaapaay as ;3( apgisutazi of ;ggpj s,aamoaaog •61 •zamozzog uo pueurap JO 039011 zatrlzn3 pnolliM luaumJISUI dlimoas sill dg palluuzad saTpauiaz due azi0nui Sew zapua1 `pound sag To uoillJTdxa all of loud stuns asatrl Aced 131 siie3 zaMOZZOg 3l •luauinzlsui diiroas sup dq pazitoas sums log pied 1snot zaMOZZOg lotgM uttrlTM ST uoiloas 111!Maouepzo0oe ui uanig sT aaTaou alp anp all woz3 scup p£ uel p ssai you 3o pound g apin0zd Hugs aapou au, •uoilezaiaoog 3o a39011 zam0zzOH anig HMIs zapua `1.10tyd0 slily 53513z3X3 zapua-1 3I •Me-i algeollddy dq paliqulozd si as1OZaxa 'Tons 3T zapua-i dq paspzaxa aq you Hugs uopdo sill `zanamoj_i •luatunzlsul ditmoas sill dq pampas sums He 3o lln3 ui luaiuSed aletpaunui azinbaz Sulu zapua-1 `1uasuo0 uallilM loud s,zapua -i lnoglim(pazzaJsuezl zo pips si iOMOZZOg ui lsazalui tent auaq g Rue uoszad'ennui g you si zamozzog 3i zo)paJJOlsuezl JO Nos sT dlzadoza all ul)sazaIuj dug JO Xlzadozd all JO izgd (lie zo lie 3I •zasetpind a o1 alep aznln3 g 11 zamozzog dq app To zaJsuezl all si 11oigM 3o maw! all `luatuaazig mama .to logzauo0 sales luauiluepsai `poop zoo 10gzluo0 `poop zo3 puoq a uipazz03sugzl sysazalut ieragauaq aso'T1 `01 paluuil you 1nq mpnpui a'Tp ui lsaz0lui ppI3auaq zo Te2a1 dug sueaui „dlzadozd a'Tl ui lsazalul„ '8T uoiloas sup lit pasn sy •a3MOaa0g m isaaalui iglogauag g ao ,faaadoad aq1 ;o aajsugal, •gJ •luauinzlsui iiitznoas sup 3o pue aloN all 3o ddoo auo uanig aq limTszaMOZZOg •ddo) s toaaog *LT 110Tl3g due a)y 01 uoilearigo due 1noglTM uoIlazosip alos santg „Seta„ pz0M all (o) pug '.eszan gaiA pug Tumid all apnpui pue mom lle'Ts zeinguis atp ui spzoM (q) `.zapuag aunntua3 all 3o spzoM zo spzoM zalnau Suipuodsazzoa apnpui pue ueatu ITT zapua2 augnoseui all 3o spzom (e) :luatunzlsul dlizn0as sill ui pasn sy •UOISTAozd 211931111103 011111101111Im 100330 uanig aq ago 11oulM aloN 0111 zo luatunz1SUI dltznoas sup 3o suoisrnozd zap 10a33e 1ou Timis 1ot13uoo lions `Merl alggoilddd 111im sl011Juoo a1oM 0q1 .to luatunzysul £ilznoas sup 3o asnep JO uoTsinozd due yell Iuana alp ul •1oezluoo dgluauzaazgg lsu!r2e uopigt 'Told g se panzlsuo0 aq 1ou lle'Ts 0011a0 s 1.1311S inq `luaus aq pgJt U 1T zo 10ez1uo0 dq aazgg 01 sallied zip moue dT11otldtui _to dpraiidxa 1tr2uu Merl alge0luddy me-i auge3ilddy 3o suope)I m Flue sluatuaz dug o1 1oa[gns an luaumi1sui dliznoas sup in paure1u00 suoilegilgo pin Sltigu Iiy •payeool si dazadozd alp ipujm ui uoipotpsimf at p 3o mei a'Tp pug Aiel lgzapa3 dq pauzanog aq Ilgps luaumzpsui dlunoas situ, ,:uopana;suop jo aging :B;lllgeaanas :MIfl Su1uaaeoD •91 V (2:. d ,r. MFWY7770 (11/00) 041 234109 -1 C)- 6A(WY) (0005).01 Page 12 of 15 Initials 251. requires in connection with a notice of transfer of servicing. If the Note is sold and thereafterthe 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 transferredto 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 requirementsof 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 EnvironmentalLaw 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 EnvironmentalLaw; 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 threatento release any HazardousSubstances, 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 EnvironmentalCondition, 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 EnvironmentalCondition 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 HazardousSubstanceaffecting 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. Form 3051 1/01 L0 /L L90£ W10j :s1e)7)u) 91 JO l *Bed 10')9000) (AAA)vg- CS) T (00/T I) OLLLAAAdW •2rnmo m 3o smei uoi3dutaxa pealsatuoq alp jo anplA kg pug zapun s3112tz rre sanIum pug saseapz zamozzog •t z mw-1 aigeogddy zapun paa3tutzad st aaj atr; jo 2ui u ip aqa pugpazapuaz saoinzas zo3 ,ijzed pziq; a o; pied si aal aqa 3t /quo Inq `ivaumz;sui AunaaS sig3 gutseaiaz ioj an zamozzog agzega ,ieut zapua' sasoo uot3epzoaaz ,due ,ied nails .iamozzog •3uatunzasui ,S3TZnoas sig3 asearaz iieis zapuaZ `luatunzasui- hjimoas stria Agpamoas stuns ire jo luau: awl uodn •asualau •£Z •3t o; pal ;gua SpeSal suosaad ao uoszad aqa o; ssaaxa Sue (a) pun :auamna ;sul Stanaas siq; ,fq paanaas stuns lle o; (q) :saa3 ,s,fauzo ;3u alquuoseaz '03 pa;tu!H aou 3nq 'gntpnput 'ales aq; jo sasuadxa IIe o; (e) :tap() 2utntopo3 alp ut patldde aq llegs ales aq; ;o spaaaoad aqj -ales Sue 3e ,f3aadoad aqa aseqund ,few aauSisap s ;t JO aapual •,ne1 aiquallddv ,fq pagtaasaad aauuguz aqa ut pros aq Hugs ,faaadoad aga pun 'ales jo aa13ou aqa gslignd (legs aapuaZ •gi uopaas ut paptnoad aauugtu aqa u[ aantoaaog o; ales aqa jo aa13ou ant2 pegs aapua7 •,tteq algnallddy g3tnt aaugpzoaag ut '3uaaajj jp 31 ',f;aadoad aq; jo uotssassod ut uosaad aq; 03 pug Jamming o3 asolaaaot 03 maw! 3o aa13ou antg pegs aapua7 'ales 3o aaetod ag; swim! aapua7 3I •aauapina app jo s;soa pun saa3 ,sSasao; ;g algeuoseaa 'o3 pa ;tmtl;ou ;nq tutpnput 'ZZ not ;aas stq; ut paptnoad satpatuaa aqa gutnsand ut paaanaul sasuadxa Hg palloa o; pal ;r ;ua aq pugs aapual •merj alquarrddv pa;3tmzad saipatuaa aag3o Sue pug ales jo aaetod aq; a310n11t St= pue pueuzap aagpn3 ;nog3ut;uatuna;sul S3tanaas stg3 Sq pumas sums IIe 30 11n3 ut 3uauz,fed a3etpauzutt aatnbaa ,few uopdo s31 aapua7 'aapou aqa ut papPads a ;up alp aaopaq ao uo paana Sou st ;lneJap aqa 3I •ales pue uopgaalaaan o; aantoaaog 3o asuapap aag3o Sue ao 31ngjap e 3o aaua3stxa -uou aqa passe o; uotaau 3anoa a gulag o3 ;Op aqa pug uopgaalaaag za33g a3e3sutaa o3 3ggta aqa 3o aantoaaog !mop! aag3an3 Hggs aa13ou ag •,faaadoad alp 3o ates pug 3uauma3sul ,fMianaas stg3 ,fq pumas sums aqa jo uopgaalaaag ut;lnsaa Sem aapou aq; ut pappads Nei; alp aaojaq zo uo ;lnejap alp ma o; aanHe3 pup (p) pug :paana aq 3smn ;1nemap aqa galq tt ,fq 'aamoaaog o3 uantg st aapou ag3 a3ep aqa tuoa3 s,fep OE until ssal Sou 'a;gp a (a) :3lneJap aqa aana 0; paatnbaa uopae aqa (q) :3ine;ap aqa (e) :Ajpads netts aapou aqj •(asteu qpo saptnoad ete7 algeatlddy ssalun gI nopaas aapun uopgaapaae 03 aotad Sou 3nq) ;uauzna;sul S;lamas stq; ut 3uatuaaaSe ao 3ueuanoa ,fug jo ganaaq yaMoaaog 2urttopo3 uopgaalaaag o; aotad aamoaaog o3 aa13ou antg 11ggs aapua7 •satpauzag :uopeaalaaav 'ZZ :smo11o3 se 00z2e pue 3ueuan03 nipznW zapua-I pug zamozzog •S.LNVN3AOOYflIOdINf1-NON vro r. (1 ),,q1 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: (Seal) (Seal) Borrower Borrower (Seal) (Seal) Borrower Borrower (Seal) (Seal) Borrower Borrower MFWY7770 (11 /00) 041- 234109 -1 4=- 6A(WY) (0005).01 OD 253 Page 14 of 15 (Seal) Borrower Form 3051 1 /01 LO /L L90£ unoj ZOOZ :ss ,juno3 f702f/7 9L !O 9 L °6ed Lois.) (A )v9 4zD I TVO (00/I T) OLLLAAAdNN SOOZ'81 Jagwe so,wi uoiss!Luti; upawi p oWS IO Alum 01180d MAN S3NOf ANN3d p f .1 :sa. uotss 4A1 NOSE Rd SrIDNIS V '2IIFIr H SNSHI Aq ty v5 slip aui aiojaq paSpaimou)e sEM luautrulsut 2uto2aloj atiL `ON NIOAAA IO a.LVIS