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HomeMy WebLinkAbout8706151 11 t0 /I ISM waod 1 11 11 i HOW Ndzsv )IOM JNIiNOA l 11301/013y1 3N0w 3NNV3f L1 :01,, "!1 9 -u r 10 AIN1100 N 100N1 1 (1:3A13 E1 4£OZZt0t00 1N3141f1d1SNI 11$11:1OdINf1 O VI S190/,$ S)INVHEI\irI 00t pnej Sulp.zoaa sog aulZ slgj aiogy awdsl a ;TnS l6ZL-12S(009) S01110d 30VaLEION7 dWA (00/TT) tOL4tS ZHY Sl to l e6ed (S000) (Am)9- eippaid/aew eluueI AI(wed eIOunS- DNIWOAM aTtuo;TirD 3o ala1S alit 3o smut alp .iapun 5uilspca puu pazaraJo uoiquaodzop E Si 1apua •DUI 'szapuaZ awoH pa3Tpazooy st „Japua1„ (a) •luauinllsui kltinoa5 spp Sapun Io5E2lloui aip si I2M0SI S3IM QNY QNtiESRH S?iNVERIIVa a XS'I'ISHS QM i SNNVEIHIY Q AMOR si „JaMOJJOg„ (g) •luaumoop spp of slapig iir cptM lagla301 t 0 0 Z Z Aza nuar pamp st gotiiM `luauinoop spit suua u „;uauin. ;suj ,f ;ianaas„ (v) •9I uopoaS ui papinoad osie aae 1uauinoop sILP ut pasn spioM 3o agesn aql &utpie2ai saiiu ut uaD IZ Pug OZ `81 `£I Ii suopoaS ut pauipp aiE sp.ioM Iagio pug Mopq pauijap aIE luauinaop step jo suopoas aidpinui ut pasn spioM s31'1.M 33S a4N`Is PoW w1 i 4 0 35ris. 4 SNOLLINIHRQ S33VIIION 1911 314 $v OW airl 3Sb913i! ti' C? �IOftB 334 13,30110N f0 9$101 ntli, +Ite b uoTaazodzop aTUZO3TTPD K '•Dui 'szapuaZ awoH pagTpaio3V paI da.id 8ZtZ6 VD 'O69TQ TIES 'aDUaTOS go anuany 0£OSZ uoTquaodzop aTuzo ;TIPD K 'szapuaZ awoH pagTpaioov :o1 uanla'd WOO 3117bp= Ion NS 311 1111 'Pa 4f /i 7 3SV793u 917017TOTO 0870615 Lender's address is 15030 Avenue of Science, Suite 100, San Diego, CA 92128 Lender is the mortgagee under this Security Instrument. (D) "Note" means the promissory note signed by Borrower and dated January 2, 2001 The Note states that Borrower owes Lender One Hundred Twenty Nine Thousand Seven Hundred Fifty and No /100 Dollars (U.S. 129,750.00 plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than January 1, 2031 (E) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (F) "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. (G) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: 6(WY) (0o05) AHL 514702 (11/00) Page 2 of 15 LL. Adjustable Rate Rider 1 I Condominium Rider 1 !Second Home Rider Balloon Rider n Planned Unit Development Rider n 1-4 Family Rider VA Rider n Biweekly Payment Rider Ix Other(s) [specify] Arbitration Rider (H) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non appealable judicial opinions. (I) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (J) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a fmancial institution to debit or credit an account. Such term includes, but is not limited to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (K) "Escrow Items" means those items that are described in Section 3. (L) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and /or condition of the Property. (M) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (N) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (0) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. Initial FAIRBANKS 0010122034 843 Form 3051 1/01 L oft 1506 uuoI 4£0ZZT0TOo MOM SL io6e0ed SNNYHIIItl3 (00 /TL) £OL'tS 'IHV (s000) (AM)9- stgl so al°N ag1 lapun 1uawfed se lapuai Aq paniaoal luaum.ilsut imp 10 Xoago Aue 3i `lanamog •/Coual1no •S•n ut apew aq imp luawrulsui AlunoaS sigl pue aloN aq1 lapun anp S1uaWAEd uopoaS o1 luznsind swan Awing 1oj spun] rigid osie ]legs 1am011og •a)oN ag1 .spun anp saglego ale[ pue sa ngo 1uawAedald /Cue pue a)oN am kg paouaptna )gap ag1 'uo lsalalut pue `3o lediouud aril anp uagM /cud pegs 1aM011og •s33an40 awl pus 'sa2ae40 1uawAedaad 'swan Moaasd '1SaaaluI 'lediauud Jo 1uawAed •I :SMO1io3 se aa1;Ie pug lueuanoo lapua pus 1aMO11og S,LNVN3AOO IH21OdINf1 rcliadoid leas 1uuaA03 luawnllsut Altmoas uuo ;tun a alnlpsuoo of uopotpsunf Aq suopeuen pauunj glint slueUanoo UIIo31un -uou pue asn !mow' 103 slueuanoo wlojwn sauigwoo LNaIHf12IZSNI A,LI2If1DaS SIH,L *mow jo saouelgwnoua /Cue of loafgns `spuewap pue slipup [le lsuie3e Auadold am 01 app ag1 Alle1auaS pua ;ap 1l!M pue S1ne11eM 1 M01101 'mow 3o saouelgwnoua 103 ldaoxa `paiagwnouaun s[ Auad0ld aq1 mil pue /C1.rado1d alp Aanuoo pue 1ue1$ `agallow o1 10i1 am sell pug pa/Canuoo Agalaq alelsa agl.3o pastas A11n3Me1 st 1aMO110g 1eg1 SINVNHAOD 1I3MOHL10S A11ado1d„ am se luawn11SUl AlunoaS srgl ut o1 pa11aJa1 si 1toSa10j aq1 jo lld •luawnl)SUI 41noaS sn11 Aq palanoo aq osle imp suoptppe pue sluawaoeldal lld 111adoid ag1 jo 11ed a 1a13ea1ag JO Mou Sa1n1xr3 pue `saoueual1ndde `sluawasza [le pue `A11ado1d aq1 uo pap= 1alp u q 10 MOU sluawanoldun aq1 He H,LIM 2IaH LaJOJ „ssaippd Auadold [apo0 d!ZJ 8 T T 8 9utwoiM [,c10] VN,LS Pans] aim la S'IQa'rs SZ8 Jo ssalppe aq1 my Apual tno gotgM 0 0£ S 0 0 0 T 9 Z 6 T 9£ :aagwnN QI pond •0-TT£ •ON ZK'Id '£06L8L 'ON ZN3Wf12I,1,SNI SK >IHRIO XLN•100 30 S0I330 MI NI V661 6 1,SI10f1 aSa2I0032i LFI'Id IKH,L 011 DNIa2I0OOY 'DNIWOAM '.K,LNf10O N'IOONI'I ON NOISIAIa SSHONK21 JIa2ION ES ZO'I [uoulps!mt 8u!pioaau jo awe/s] [uonnpsunf 8u!pio3ag jo addj] N'IOONI'I 30 iquno3 31 P ui paleool A11ado1d paquosap 2u]mollo3 am `ales jo 1aMod mitt. `su1sse pug slossaoons s,lapua'l pue Japua 01 Aanuoo pue 1ue12 `a21 )low Agalaq saop 1aM011og `asodind stgl Jog •a1oN aq1 pue luawnllsui *moos spp lapun S)Uawaa1Se pug sluenanoo s,lamo110g ;o aouew1031ad am (ii) pue `awoN aq1 3o suoileoj pow pue suoisualxa `slemaual Ile pue `ueOZ ag13o 1uaWAeda1 ag1 (i) :lapual of sa1noas luawtulSUI'lpnoaS sign •luawn11sui A1!1noaS sigi 10 /pue a)0N aq1 Iapun suope$i1Qo s,lamollog paumsse suq /Cued leaf Iou 10 1aq)agM `Auadold aq1 01 app uqef seq 1eg1 kind /Cue Sueaw „aaMOaaog JO isaaaiui u! aossaaanS„ (d) 171,8 AIlladO2Id gni NI S,LHOI?I 30 IIHASNVIII X901.80 0870615 Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply such payments at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payment to bring the Loan current. If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or return them to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note immediately prior to foreclosure. No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrower from making payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument. 2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be applied in the following order of priority: (a) interest due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. Any remaining amounts shall be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If more than one Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after the payment is applied to the full payment of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Note. Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due date, or change the amount, of the Periodic Payments. 3. Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the Note, until the Note is paid in full, a sum (the "Funds to provide for payment of amounts due for: (a) taxes and assessments and other items which can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage Insurance premiums in accordance with the provisions of Section 10. These items are called "Escrow Items." At origination or at any time during the term of the Loan, Lender may require that Community Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and assessments shall be an Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts to be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives Borrower's obligation to pay the Funds for any or all Escrow Items. Lender may waive Borrower's obligation to pay to Lender Funds for any or all Escrow Items at any time. Any such waiver may only be in writing. In the event of such waiver, Borrower shall pay directly, when and where payable, the amounts due for any Escrow Items for which payment of 0 -60IV) (0005) AHL 514704 (01 /00) FAIRBANKS Page 4 of 15 In 0010122034 845 Form 3051 1/01 1.011 L90£ WJod b£OZZTOT00 911 9 060 SNNVEITIn. (00 /TO) S0L1715 'IHd (soon) (AM)g- Ol u!LMM 'mg a !1 SuiA3iluapi aopoU E laM0110g an4S AEUI lapuaj luaumiisuj Aiimoas spri 13A0 iCuioud UimiE uEa gown uaij E Ol laafgns si Ailado1d atp jo lied Aug imp sauluualap lapuaj 3i •luatunllsui Alimoas Slyi 01 Uaij atp SupguiplognS lapuaj Ol £loipEjspgs luammal &E uE uaij am jo lapjol[ atp tuolj samoas (o) Io `papnpuoo are s2uipaaoold Irons !pun /quo inq `Suipuad alE ssuipaaoold asotp ajigm uaij aIr1 jo luamaolojua aIri ivanald of aiglado uoiuido s,lapuaZ twi IrpiIrM s&uipaaoold TESaj `ui uaij atp jo luauiaolojua iSUteSe spuajap JO `Aq trim pool in uaij ayi sisaluoo (q) :luatuaaag Irons Suiuuoplad si lamollog se $uoj os Aluo inq `lapua j of ajgridaool Jammu a ui uaij atp Aq pampas uouatjgo aqi jo luatuAgd atp 01 3up1M ui saa1SR (E) :laMollog ssajun ivatunlisuj Alilnoas site lano Aliloild sett tromm uaij Aug algyosip Apdtuold jjgys laMollog uoilpas ui papinold lauUEtu am ut magi Agd pugs laMollog `swan molosg are stuaii asatp iecp ivaixa atp O,j, 'Aug 3i `sluatussassd pug `saag `sang uoileipossy A1iunUlulop pug `Aug ji `Ailadold ayi uo sival punolg JO sluatuAgd pjogasgal `Iuatu u1suj Aiimoas siyl land Aluoud Uigno ago tloigM Auadold aql of arguing= suopisoduli puE `saug 'saS1Ego `sluauissasse 'saxes jje AEI pugs laMollog •suan :saSretla 'b •lapuaj Aq mpg spung Aug laMollog 01 puma' Apdtuold jjeys lapuaj `ivatutulsuj Aulnoas sap Aq pampas stuns jjg jo jjtg to ivauLCEd uodn •sivatuAed Appuoul ZI imp al0UI ou ui inq `VdSgg yiM aouPpl033E ui Aouaiogap aIrl dn algal 01 AIESSaoau lunotug am lapua- of 'Cud iieys laMollog pug 'ydSmi Aq palinbal sE laMollog A3p0U iieys lapun `VdSgg lapun patnjap sg 'mama ui piag spung jo Aouapgap g si alatp Jr •sivatuAgd AiIrluotu ZI uutp a10W ou ui inq `VdSDJI 1 .131M aougp'l000e ui a riloys airs dn a3jeul 01 AlESSaoau lunotur aq1 lapuaj of Agd jjeys laMollog pug `VdSg2I Aq palinbal se laMollog Ajuou pugs lapuaj 'VdSa?I lapun paugap se `M01osa ui pjay spung 3o aSEiloys a st wag) Jr 'VdSd2I 1mM aouepl000e Ui spunj ssaoxa aIrl l03 laMollog of iun000e jjeys lapuaj `VdSg11 lapun pauipap SR 'mama UI Nag spund 3o snjdlns E st wag) Jr VdSg2l Aq palinbal sE spung atp JO `dupun000g jenuug tie `a31EIrp inotpiM `13M01100 01 ants Timis lapuaj spung alp uo pied aq jjgys Isamu! iEtp `lanaMOq `SutU1M ui aa1Se ueo lapuaj pug laMollog spung atp uo sSuiulga JO isalaiui Aug laMollog Agd of palinbal aq sou pegs lapuaj `spung atp uo pied aq 07 lsalalut salinbal mg-1 ay:muddy l0 Stnium to apetu si maximal& ue ssajun •aSlego u Irons alum of lapuaj sutulad Mg'j ajggoijddd pug spung atp uo Isamu! laMollog sAgd lapua• ssajun `Stualj Molpsg aIri 2utA3ilan to `iun000e Molpsa atjl SuizAjeuE Aiignuue `spung ayl SuiAidde pug Suipjotj loJ laMollog amp sou jjgys lapuaj 'ddSg2i lapun pai3ioads atop atp UEtp lase[ ou small molosg aIr1 Agd of spung atp Aidd& pegs lapuaj 3ju uE0'j atuoH Ielapag Aug ui 10 (pairing os ale siisodap asogm uopnlpsui tie si lapuaj 3i `lapuag Stnpnlpui) Aipua 10 `AUieivatutuisui `Aoua2g jelapa3 a Aq palnsut ale siisodap asoLM uopnuisui ue In Nag aq jjeys spung atjJ, mg-r ajggoijddd mita aougploppg to asimlaylo 10 Stua)I Molosg alninj 3o saltuipuadxa 3o salgunlsa ajgguoseal puE eIgp luallno 3o sisgq atp uo anp spung 3o iunoute aIrl aleunisa pugs lapuaj ddSgg lapun alinbal Ugo lapuaj g iunotuE tununxetu alp paaoxa of lou (q) pug VdSgg japan pappads alai) am 1E spung atp Ajdde 01 lapuaj iiullad Di ivaipi (g) iunotue ug ui spung ploy pug mown 'aUU) Aug iv `Arm lapuaj uopoas site japan palinbal Uayl ale IEtp `slunOtUE Irons ui pug `spung jjg lapuaj of Agd pugs laMollog `UOpEDOnal gnus uodn `pug Sj uopoaS gum aouEpl000r ui uani5 apiiou a Aq atml Aug iE small Molpsg jig to Aug Oi sE laniEM ail axonal AEtu lapua'l •lunoUIE irons Aug lapuaj 01 Ardal 01 6 uopoas japan paMijgo aq uayi iieys laMollog pug iunoutE irons Agd puE 6 uopoas japan siy$tl s21 asplaxa Ague lapuaj `Lail Molpsg UE 103 anp iunotug alp Au! Ol spe3 laMollog pug `laniEM E 01 iuEnsznd `Appalip Small mama Agd Ol pa)ESijgo Si laMollog Jr '6 uopoaS ui pasn Si luatuaa1SE pug iugUanoo„ asemd app sr `ivatutuisuj Aiilnoas site ui pautEiuoo ivatuaaJ E pug )UEUan03 E aq o1 pamaap aq sasodlnd Ile loj pugs sidiaoal apinold o1 pug sluatuAed Irons aXew 01 uoiiESilgo s,laM011og •alinbal Agul lapuaj sE pouad aunt Irons uiyiim luatuAed Irons Supuapina sidiaoal lapuaj of ysiuln3 iieys `salinbal lapuaj 3i `pug lapuaj Aq paniEM uaaq sEy spung Y9OE..80 0870615 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may require Borrower to pay a one -time charge for a real estate tax verification and /or reporting service used by Lender in connection with this Loan. 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one -time charge for flood zone determination, certification and tracking services; or (b) a one -time charge for flood zone determination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and /or as an additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and /or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusters, or other third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible or Lender's security would be lessened, the insurance proceeds shall be applied to 6(VUY) (0005) AHL 514706 (01 /00) FAIRBANKS Page 6 o115 Initials: 0010122034 847 Form 3051 1/01 40/4 150E W 4EOZZtOt00 MEW S l to L used S)INYHI!IY. (00 /t0) LOL4tS 'IHtt (5000) (AM)9- ajgmuoseai Su (o) pug '.unoo w Suugaddu (q) `.luawn.nsui Altmoas stye JOAO Aluopd sey gotym uatj a i(q pains sums Aug Sutded (g) :ol pa;imtj 1011 are;nq `apnjoui UE3 suoi10g s,iapuaj •i1Jadoid alit Suuiedai Jo /pug Saunas pug `Auadoid app 3o amen am Sutssassg 10 /pug gupoaloid gu!pnput 'luatmulsur ,(tunas spit Japun sn a pug Iuladoad ail ui 45010 ;up s,iapua loaloid o1 almudoidde Jo ajgeuoseai si JanaleiM Joj hd pug op ifgw Japua uayl 'Iilladold ail pauopuggg sey JamoJJOg (o) io `(suollejn2a1 10 smut aolo;ua 04 Jo luawnJisui !(tunas spit Jaw ,Cluoud ur pg i(mu yotym uatj g jo )uawaoiojua Joj `ainuapoj io uouguwapuoo 10 `alegoid 'Aoadn.uugq ut 2mpaaDold u se lions) luamnnsuj Alunoas stir Japan slygu Jo /pug ,uladold alit up Isamu! s,iapua pang Apueoguu21s uj 1w i ip gutpaaoold m?a! st alatp (q) `luaum.ilsuj ktm0as split up pawmluoo sluamaalgm pug slumuanoo ail unopad o1 site; Jam011og (e) ;j ;uawna;sui ,fianaas sly; aapun s;ygl)j puu ,uaadoad ay; ul ;saaa ;uj mapuaq Jo uol;aa;oad '6 •aouap1sa1 jmdp0uud s,lamonog se i(uadold alp jo i(ougdn000 s,iamoiiog &nuiaouoo suopm;uasaidal `01 palpwi lou 0111 mq `apnput suoplgluasalda1 Trump's' •ugo-j am ilim Uoploauuoo ut (uoiewloJuI jeualuw tptm iapual apinold o; pajigj Jo) Japua-i 01 s4Uawa;mis JO uop1uuo;UI a4VfOoeU1 10 `gwpgajsuw `asjRJ i(jjg11O4 Ui aneg 1113SUO3 10 agpajmoux s,lamo11og pm 10 Jam0JJ011 JO uoploapp ay; 4E Supoe sappua 10 suos.iad Aug Jo 1amo.u0g 'ssaoold uoueDildde ueo-j ail Suunp `3t ljngjap ut aq !lugs Jamo11og •uop;ealiddy uuoi s '8 •asneo alquuosga.i lions gupAnoads uonoadsui .ioualut ug ions 01 .loud 1030 amp ail to aonou Jamo11Og and Heys Japua •Aladold am uo sluawanoldw1 alp JO Joualui am loadsut riuw .Iapuai `asneo ajgeuosuau sey It 3j •/Cuado.d ay; jo suopzadsui pug uodn saulua ajquuosea.i axm u ICew luagg su JO Japua •u011m1o4sa1 JO Jimdal ions jo uopajdwoo ai1Joj uopugijgo s,lamo11og jo panatjal IOU sit 1amo11og `,u adoJd ail 0101501 10 aigda.i 01 luappjns mu aJU spaaooid uopleuumpuoo J0 apuminsut atg 3j •palajdwoo s! )uOm 0141 se sluaw,(md ssaigoid 3o sat.Ias 11 111 10 luaw1Ced ajgups m w uope101sa1 pug sliedai am Jo; spaaoo.id asingsip ,Cew Japua-j •sasod.ind ions Joj spaaooid pasuajai sey Japua-1 3i ATuo Iuladold ail $uuolsa.I Jo Suingdai Jo ajgisuodsai aq Hugs 1amo110g `1uladold ay; 'Jo gupxel ay; 10 `01 agetump tigm uoIioauuoo ut pled ale spaaooid uoneutuapuoo 10 aouminsup 31 •agewgp 10 notleIoualap Jammu pIong Ol pagew11p 31 Auadoid ail .n daa ,Cjldwo.id Hugs 1amo11og `ajgpsea3 Ifeolwouo0a 1011 s1 uotlulolsa1.Jo 1! d011ey1 S uopoas 01 luensmd paupw1alap s! 1! ssalun •uopipuoo sq o1 anp amen ut 2utsga10ap Jo gupelouatap wouu A11odold ail 4Uanald 04 Jap10 u< ,u.iadold 0111 utelutew !lugs Jamol1Og 'Amdahl ail 111 5u1ptsa1 st Iamo.uog 1011 1O 101101M •1C4Jadold ail uo alsgm 41nu03 10 alm10ua4ap o; Iu.Iadoid ail mope `Auadol ail in dun 10 agewup 'Aollsap 10u Heys 1amo11og •suoipodsui :Spadoad ay; 30 U04100;0ad pue aaueua;ulew 'uol;enaasaad 'L 1014U00 S,J0MO1JOg puoiCaq 0111 y01ym ISTxa saouelswn0I10 gupunualxa ssajun 10 `pjaiiltm ,Clquuoseaiun aq IOU Timis 111aSUO3 y0tym 'Swlum ut 5001211 asp tuatpo Japua ssajun `,COUgdno0o 3o amp ail aage 1E04 010 lsga! 1E 103 aouaptsai jgdpouud s,lamo11Og se r iiadoid ail Xdn000 01 anutluo0 !legs pug luaWBJlsuj Alun0as spit 3o uotlnoaxa ail Jame siCgp 09 wiltm aouaptsaI jEdipUud S,JOm0J10g se i(uadold ail asn pug 'ysHgetsa •,Cdn000 jleyS JOMOIJOH •,fouednaa0 '9 *anp Uatj1 1011 JO Jatpaint 'tuamfJlsuj iuunoas stir 10 01012 alit Japan piedun slunowe iced o1 JO IC11ado1d alit 0101501 10 ligdal 01 JaiHia spaaooid aouminsw ail asn ,(gut 10pua •iulad01d ai13o 02uaanoo am 01 ajgeoiidde 0111 52d11 ions se mom! 'ICuad01d ail 2uuano0 saioiod aou11Insut 4411 Japun (1amoilog A pled swnlwaid pauleaun 3o punJa1 ICue 01 11[2!1 0141 U1141 lailo) sligpl s,Jam011os ;o Ja Aug (q) pug 'luamn11suj /CEJnoas spy 10 am/ ail Japan p!edun slunowe ail paa0xa 01 10u lunowe ue ut spaaooid 0ouminsu! Aug 01 slygp. s,lamollog (g) Iapua' 01 sug!sse I(gaiai 1OMOJJOg J0 ZZ U0I100S Japan Iuladold alit salinboe Japuarl ;1 JO `Juana 1a110 uj •uantg Si a0110u ail uaim uigaq Htm pouad A11p -of 0i j lump app 041105 pug ale1o2au /(11111 Japuarl uatjl '11nel0 m alms of palano Sul! 10111110 °outmnsup atjl 111m Japuari W014 00110U 11 o1 siCep pE up p!m puodsat lou saop 1amo11og 31 *mum palejat pug wt11j0 aouEInsut alggltenE Aug apps pug alepogau '0414 i(ew Japua'i `,(uadoad ail suopUege 10M0110g ;j •Z UOIl0as 111 104 pappnold Jap10 ail ut paidde aq Timis spaaoold aouelnsui ions •JamoIIOg o f pmd 'Aug ;t `5500x0 ail IjIIm `anp 1041 mu 10 Jaylaim `luawtulsuj l(lunoas step A pampas stuns ail gig ri9OLRO 087061.5 attorneys' fees to protect its interest in the Property and /or rights under this Security Instrument, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water from pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned on or off. Although Lender may take action under this Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions authorized under this Section 9. Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger in writing. 10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall continue to pay to Lender the amount of the separately designated payments that were due when the insurance coverage ceased to be in effect. Lender will accept, use and retain these payments as a non refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any interest or earnings on such Loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance coverage (in the amount and for the period that Lender requires) provided by an insurer selected by Lender again becomes available, is obtained, and Lender requires separately designated payments toward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to maintain Mortgage Insurance in effect, or to provide a non refundable Loss reserve, until Lender's requirement for Mortgage Insurance ends in accordance with any written agreement between Borrower and Lender providing for such termination or until termination is required by Applicable Law. Nothing in this Section 10 affects Borrower's obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower does not repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may enter into agreements with other parties that share or modify their risk, or reduce losses. These agreements are on terms and conditions that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreements may require the mortgage insurer to make payments using any source of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage Insurance premiums). As a result of these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer, any other entity, or any affiliate of any of the foregoing, may receive (directly or indirectly) amounts that derive from (or might be characterized as) a portion of Borrower's payments for Mortgage Insurance, in exchange for sharing or modifying the mortgage insurer's risk, or reducing losses. If such agreement provides that an affiliate of Lender takes a share of the insurer's risk in exchange for a share of the premiums paid to the insurer, the arrangement is often termed "captive reinsurance." Further: (a) Any such agreements will not affect the amounts that Borrower has agreed to pay for Mortgage Insurance, or any other terms of the Loan. Such agreements will not increase the amount Borrower will owe for Mortgage Insurance, and they will not entitle Borrower to any refund. -6(WY) (0005) AHL 514708 (01 /00) FAIRBANKS Page 8 of 15 0010122034 849 Form 3051 1/01 10 /1. 190E WJod 0 A tE0ZZ10t00 D ul S?INVEEI to (00 /10) 6OLVES 'MY 9l l0 6 e6ed (9000) (AM)9 W Z uot)oas u! 10 3 paptnold 10p10 am ut patjdde aq jjeys ,(uadold aq) jo ltedal JO uopelolsal of paydde Jou ale Imp spaaoold snoau4jjaostjy jjd °lapua o1 pied aq jjeys pue pat)2tss4 Agway an ATladold ay) ut Imam! s,lapua jo luauiltedull am of ajgeingtlua ale 1441 sa2etuep 103 uuejo 10 pit ,Cue jo spaaoold ays •luaumllsui ,tltlnoas sty) lapun siy2u so ,C3ladold ay) un 1sa1a2tn s,lapua jo luauln4dtut jetlaieul 1atjlo 10 iCuadold am jo aln1ta31o3 sapnpald luaw2pnf s,lapun ut 'my) 21ujn1 e 4IIM passtlustp aq 01 2utpaaoold 10 uotloe 0y1 2t)tsnro ,(q `61 uotlOas ut pap!nold se auIsutal `palln000 soy uopelajaoae 3! `pue ljnejap a yons aim ueo 1aMO11og •ivatunlisuj ,(1tlnOas stye lapun sly41 to 11ado1d am U! isaaalut s,lapua-j jo luatultedtut !rpm= laylo 10 ,(11ado1d atpjo alnpa31o3 ut ijnsaa pjnoo luauu2pnf s,lapua ut `14 un2aq st 'jeutwtlo 10 jtnto laylayM `2utpaaoold 10 uotloe Aug 3! unejap ut aq Hugs 1aMO11og •spaaoold snoauejjaos1N of paega1 ut uotloe jo 11j2t1 E sey 1a\ouog tuo4M lsute2e ,Cued am 10 spaaoold snoauejjaostjA 1aM011og SaMO ieyi M1ed p11y1 am maw „,Cued 2u!soddp„ •anp uayl Jou 10 laylayM `luawnnsuj ,(lunoas stye i(q pampas sums alp 0J 10 ,(1ladold ayl 30 ltedal ao uot141o2sa1 01 1aylta spaaoold snoauEjjaostjAj 141 ,(jdd4 pug patio° of pazuoylne st aapua-I `uant2 Si aOpou alp am a41 1a13e s,Cep pE uTg1IM lapua-I o1 puodsal OJ sjte3 1aM011og `Sa rturp 1o3 unEjO 4 aims 01 p1EMe ue alutu 01 s1a33o (aoualuas Jxau ag1 ut pauljap se) Surd &nsoddp ay1 14 1aMO11og 01 lapual ,Cq aOpou lage `3! 10 `1aMO11og ,Cq pauopueg4 s! /(1ladold am ;l •anp uayl ale sums ay1 l0U 10 laglayM 1uaUunJJSt)j ,(1tlnOas stgl i(q pampas sums a4t o1 patjdde aq urns spaaoold SnoauEJJOOStjH ag1 `2utu1M ut 111E aS1Mlaglo lapua-j pue 1aMO11og ssajun 'amen ut no) 10 'uopOnalsap `2utljei jepled atjl alojaq Xial4tpaunut palnoas sums am 30 =mug ag1 111141 ssaj st amen ut ssoj 10 `uotloIulsap 'Sutmjel jetued ay1 =jag Ajaletpaulun ,fuadold ag1 30 anjen 103(111111 1143 am yotyM ut ,(uadold ayl 3o =TEA ut ssoj 10 `uopott 1sap `2utaj4l retied a JO Juana am 111 •1aMO11og 02 ptad aq jjeys aourirq ,Cud •anjen ut ssoj 10 `uoj2otulsap `2ut3jeJ jetued atp =jag 1Cjal1tpatutm i(uadold ay1 jo anjen 113[1411! 1143 atjl (q) Xq paptn4p anjen ut so) 10 `uoIIon11sap `2upjel jepled ay) =jag Apirtpat)n 1! palnoas sums ay13o Junoule jelol ay1 (e) :uo4o113 2utMojj03 141 i(q patjdnjnw spaaoold snoauejjaosm ay1 30 Junoul4 ay) /(q paonpal aq jjeys luauuulsul A(Jtanoas sty1 ,(q pampas sums 141 `$ut2t1M 111 11124 asIMaa4lo lapua'j pue 1aMO11og ssajun `anjen 111 ssoj 10 `u0IIOtuISap `Bupjel jepled ay1 mpg r(jaletpatuwt luaumllsuj d(Jtlnoas stye 4q pampas sums a41 30 lunoule at(1 11441 lama' ao 01 jEnba s1 amen ut ssoj 10 `uop3nllsap `2upjel jepled am alojaq Ala1Etpaunut ,(11ad01d ay1 ;o awn la)jlew 1te3 a1j1 yotyM u! ,C11ad01d alp jo anjen ut ssoj 10 `uopon1JSap `2upjel jetued a 3o Juana am uj •10M011og 01 pwd 'Aug 3! `ssaOxa alp IA!M `anp 11141 Iou 10 layla4M luaulnllsul ,CJtlnoas stye i(q pamoas sums ay1 01 patjdde aq pegs spaaoold snoauejjaosm ay1 `,(11ado1d a4J 3o awn u! ssoj 10 `uopotulsap `&113je1 111101 e 3O Juana ay) uj •Z uopOas ut ao3 paptnoad 10p10 ay) ut patjdde aq jjeys spaaoold snoauEjjaOSm yons •aaM011og 01 pled `,Cue 3t 'ssaoxa ay) y11M `anp t)atp Jou 10 laylayM luaunulsuj i(1llnoas 5i41 i(q pampas sums am 01 patjdde aq jjeys spaaoold snoauEjja3Sm am `pauassaj aq pjnoM ,(ltlnoas s,lapuaj 10 ajgtsea3 ,CjjeotUIouooa Jou s! ltedal 10 u0t1e1o1sa1 14131 •spaaoold snoauejjaostjnj yons uo s2ultura 10 1sa1a1ut ,(UE 10M011013 ,Ced 01 pannbal aq Iou Hulls lapua-I `spaaoold snoauejjaostjA yons 110 pted aq 01 1Salalut saltnbaa Me ajgeotjddy 10 2u1111M u! am) st luatt)aal2e 111 SS0jufl •palajdwoo s! 3jloM 011 Se sivauIi(ed ssoi oid jo sa[las a u! 10 luaulasingsip a(2uts a u! U0111103sa1 pug snedal 041 103 ,(ed ,(etu lapuai •,(jldulold ua3j1uapun aq jjeys uopoadsm yons my) paptnold `uopOejst11s s,lapuo j 01 paiajduioo uaaq set) 3jlOM ay) alnsua 0J ,(uadold yons loadsut o1 ,Gtunuoddo ue pry sm.) lapua (thin spaaoold snoauejjaostj4 yons pjoy o1 142!1 alp aim Hugs lapuOZ 'pollad uopelolsal pug pedal yons 2ut1nU •pauassaj lot) s! 10111315 S,lapua'I pug ajgtsea3 ,ijj1Otulou0Oa Si 1111d01 a0 uopelolsal am 3! `,41ado1d alp jo 1!rdal to u013e1Olsal 01 patjdde aq Hugs spaaoold sn0au1jjaosijA yons `pa2etuep st ,(11ad01d 14131 •lapua 01 pled aq jjeys pue o1 pau2tss1 Agway ale spaaoold snoauejjaostj% jjd •aanljaJiOd :spaaaoad sno0uIjjaasry(j 30 JU0WU jss1 •jj •uoIleuIwaO3 a0 110(311((0111111 yans Jo aunt ay; le paureaun aaaM 11143 swntwaad aaueansui a2e23aoJ4j Aug Jo punjaa u an(0a0a 03 a0 /puu ',fp11)Il11woln11 pa111U(wral 0ou11ansui 021123a0F%J 01(3 aney 03'0au1ansui 021123r03AJ ay; 3o u013ejjaaoua 11(113g0 pug ;mbar 03 'sOlnsops!p u(113r03 an0aaa 03 ;Op ay; apnpu( ,few s3y2I1 man •Mej 10430 SUB ao g66i 3o lod 110133030rd sraUMOawOH aq; a0pun 0aueansui 0211231oN ay; 01 laadsar y ;(M Sue 3( sey 1aM0ar0g sJy2(a ay) 1oa33e 3011 jjp% sluawa0a211 yam ,fud (q) U 6 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co- signers; Successors and Assigns Bound. Borrower covenants and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co -signs this Security Instrument but does not execute the Note (a "co- signer (a) is co- signing this Security Instrument only to mortgage, grant and convey the co- signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co- signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations under this. Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a hange of address through that specified procedure. There may be only one designated notice address under is Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing 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. -6(WY) (0005) AHL 514710 (01 /00) Page 10 of 15 Initials: FAIRBANKS 0010122034 851 Form 3051 1/01 l0 /1. 150E mod 6EOZZIOTOO SNNYHiiIYd St to It eaed (00 /TO) TTLt'TS 'THY (sow) (AN09- e qUM uopoauuoo UI sagnbaz uoueuuojur zatpo pue apeut aq wogs s)uatuaed gorge of ssazppe alp `zaotnzas ueoi Mau 0141 Jo ssazppe pue atueu ag1 stets IjiM gpitIM dump ate 3O aopou ualu1M uan)B aq lt!M zaMOZZOg `zaornzas ueoi ate 3o a2uego a sr azatp 31 •atON ate 3o ajes E 0) pa)ejazun zaornzas ueo' ate jo sauegn wow zo auo aq ttpui osje azatj •Mei ajgeorjddd pue `ivatututsul iCuznoas sup `a)oN 0141 zapun' suopdggo &tmmAzas mot deguotu zatpo suuopad pue )uatunzisuj ,Clunoas sup pue atoN aq1 zapun anp stuaul,Ced otpotzad s)oatjoo letp „zaornzas ueo 0141 se uMomj) kpua ate ui a3uego a ur )jnsaz pi2tut ales y •zaMozzog o1 aopou loud )noq iM saute az0111 zo auo pjos aq uen (ivaumz)sul Auznoas sup girp zagtagot) atoN ate tit lsaza)ur jepzed a JO atoN aqi •anuenata9 JO 0390N :aaaptias UUO1 JO a$Urn :01Oj j JO aI S •0Z •gj uopoas zapun uopezataooe 3o aseo alp ur ,Cjdde 1ou jjegs arsrn i o1 tti2p sup `z3n3M0l-1 •pazzn000 peg ttoptiatamE ou jt se anpoaJa Ajjnj ureuiaz jjegs ,Cgazag paznoas suoii ijgo pue )uatunz)suI X)unoas sup `zaMOZZOg A )uatuale)stnaz uodn •zajsuevj spund otuoz)oajg (p) zo `.kpua 10 k `Aouaae jezapa3 a i(q patting ale susodap asogM uopmnsui ue uodn uMezp sr pogo gone ,(ue papptozd 'pogo s,zargseo JO loago s,zaznseaz) 'patio 3jueq 'ratio pappzao (p) !Japzo ,iauotw (q) :goo (e) :zapua-I A patoajas se `8111104 uiM0uo3 ate jo azotu JO auo ur sasuadxa pue sums )uatua)eisutaz wits /(ed zaMOZZOg 1E111 aztnbaz ,Cent zapua-I •pduegpun anurluoo Hugs `tuatunz)suj kunoas sup A pampas stuns atp Aed o1 uoildijgo s,zaMonog pue luatunzisul Aljunoas sup zapun stgVu pue Mzadozd atp ur isaiaiut s,zapual )etp aznsse of azinbaz ,Cjgeuoseaz i(etu zapua se uopoe gons swim (p) pue `luatututsuI kznoas sup zapun s)ggu pue Jzadozd ate Ui isata)ur s,zapua 5upoa)ozd jo asodznd ate Jot pazznom saaj zatpo pue `saaj uopenjen pue uopnadsur jzadozd `saaj ,sd(auzoue ajgeuoseaz 'oi parnmj lou )nq &urpnjour `)uatunz)suI Auznoas sup &nozopua ur pazznom sasuadxa sAed (o) :sluatuaaz8e JO s)uevanoo zatpo Aue jo 1jnepap .Cue samo (q) `pazzn000 peg uopezajaooe ou 3c se a)oN ate pue luatunz)suI iCumoas sup zapun anp aq pjnom uatp gottim stuns HE zapual s,Ced (e) :zamozzog Imp ale suorlrpuoo asogi •)uaUnulsUI kunoas sup 2tnozoJua )tIatuapnf a 30 A.nua (o) JO `amsuraz 0) )t42[z s,zamozzog 3o uopeunuza) ate zoj Spa& tpOU Me'I ajgeorjddd se pouad zagto gpns (q) `.)uatunzisUI'()unoas sup tit paure)UOO ales 3o zaMod Sur of )uensznd ,Cuadozd 0 p jo plus azojaq step ang (e) :jo )satjzea aq1 0) loud amp ICUe )e panupuoosrp )uaumzisul Alunoas sup 30 )uatuaoz03ua aneg o) pap am aneg jjegs zamoz1Og `suotupuoo me)zao maul zaMOZZOg 31 •uoj ;eaajaa3V aa)3d a)e)sulal; O) 1 I 1 s,aaMOa.t °H '6I •zaMOZZOg Ito puetuap z0 aopou zatpm3 )f1014)TM tuatutu)sUI iC)rznoas sup ,Cq paluuuad satpauiaz Aug allonui AMU zapual `pouad sup jo uor)endxa ate o) loud sums asap Aed of spej zamozzog 31 •luatutulsul krzmpas sup Aq patinas sums He iced )situ zaMOZZOg gopim UrguM sj uopoas tp!M aouepzonne to uant2 sr 33p011 am amp alp tuoz3 siCep p£ unit sot 1ou ;o pouad a aprnozd jlegs aopou atjZ •uopezatapoe 4o aopou IaMOIZOg anti jjegs zapual `uopdo Sig) sasrpzaXa lapua-I 3I MeZ ajgeorjddd Aq paugigozd sr astpzaxa gnus 3i zapuarl r(q pasrozaxa aq )ou jjegs uopdo sup 'zanamOH •tuatunz)suI *moas sup A pampas stuns jje 3o jjn3 tit )uatuiCed aietpaunU! azrnbaz Xutu zapua `)uasUOo ua3IIM loud sdapuai lnotpTM (pazzaJsuez) zo Nos sr 13M0110H ur Isaza)u! jeropauaq a pue uoszad jezmeu a lou st zaMOZZOg ;i 10) pailaJsuez) z0 Nos st dCuadozd ate Ur tsazaiuj Aug 10 Sandal,” ag13o tied Aug 10 HE 41 •zasegomd a o1 amp azmn3 a ie IaMOZZOg ,Cq app 3o za;suezl 3141 sr gprgM Jo )uaiur alp `luautaaz2e MOZpsa 10 mum sales )uatutjeisai 'paap 103 1o1I)UO3 'pap 103 puoq a ui pazzaJsuez) ma'am! jeiopauaq as0tp `01 paliunj )ou mq `gmpnput 'Sandoz,' 0141 tit Isaza)u! jeptjauaq 10 !dal ,Cue sueaut „izad0zd 0113 ur )saIaluI,, '81 uoppas sup ur pasn sd •JaMOaaog it! ;saaa ;ul jerogauag a a0 413doad aq; 3o aaJsueiy •gi •luatmuisul Munoas srtp jo pue aloj j ag1 jo Moo auo uanrg aq jjegs zaMOZZOg •,Cdop maMoaaog •L1 'wpm Cue 33)11) 01 uoparjgo iCue lnoguM uotlazostp otos san12 „i(em„ p1OM 0141 (n) pue :BMA ap1n pue jeznjd ag1 apnjnui pue ueatu jjegs mauls alp Ur spzoM (q) `zapua aupinua4 0141 3o spzoM z0 spzoM za)nau urpuodsazzoo apnjpuj pue maul Timis zapua amjnnsetu alp Jo swum (e) :luatutulsul I()rmnas sup ur pasn sd •uorsrnozd 2upotouoo ate )nog )paJJa uant2 aq 11113 gprgM a)oN 0141 zo luatunzlsul I()unoas sup 3o suorsrnozd zaglo )303 ;e )ou Ilegs promo gons `M1•) ajgeorjddd guM sior13uop a)oN ate zo luaiunzlsul'Citmoas sup 40 asnejo 10 uorsrnozd /CUE tegi tuana ate uI •)oez)uoo z(q mama &S& )sUrde uoprgrgozd a se pa1utsuon aq tou Hugs apuajts gnus tnq 'mils aq )gptu 1! 10 loez)uoo i(q 33I2e o) sapzn(' ate tam Xpiotjdun Io Stporjdxa )g$rut Me I algeorjddy van ajgeorjddd 40 suopeuturj pue s)Uatuannbaz X1111 01 toafgns ale luatutulsul 'Clunnas sup Ut paure)uoo suope tjgo pue s)gpz lId 'paie00) Si kzadozd am gotgM ur uopprpstmf alp 3o Met 0111 pue Met jezapa3 dq pauzanog aq Hugs 3Uatunz)suj Almnas stg,I •uotionJ)suo3 30 sajng :S)pjgeaanas :M11 2uju] anon •91 '�L90�R0 r O8 0615 notice of transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed by the Note purchaser unless otherwise provided by the Note purchaser. Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an individual litigant or the member of a class) that arises from the other party's actions pursuant to this Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by reason of, this Security Instrument, until such Borrower or Lender has notified the other party (with such notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the other party hereto a reasonable period after the giving of such notice to take corrective action. If Applicable Law provides a time period which must elapse before certain action can be taken, that time period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective action provisions of this Section 20. 21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any response action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances, or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance, creates a condition that adversely affects the value of the Property. The preceding two sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the Property (including, but not limited to, hazardous substances in consumer products). Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any Environmental Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substance which adversely affects the value of the Property. If Borrower learns, or is notified by any governmental or regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. -6(WY) (0005) AHL 514712 (01 /00) Page 12 0115 Initials: FAIRBANKS 0010122034 853 Form 3051 1/01 Goi< Isoe wioj b£OZZIOI00 :SMMIA St la Et seed S)IAriiHZIIYA (00 /LO) £tLb1S THEY (s000) (AM)9 •Sutwo/CM jo snort uoti pea ;savoy am JO anuTA ,Cq pug aapun s1ySu tie santem pug sasraiai aamoaaog •saaAisM •tiZ aigeotjddd iapun pautuuad st aaj ogjo SutSagyo ayi pus paaapual saotnaas aoj A1ard piu g of pled st aaj ay1 ji diuo )nq luawnalsui /C4inoaS stye Suisuapa .10j aaj g aamouog aSimp Amu aapuaZ moo nourpiooai iCuu Agd imp aamoaaog •luawnusui 4.1noas sup asgapi Heys aapua luawn.usui JClunoaS sup pamoas sums Hu jo luau/Cud uodn •aseaiag •£Z •;i o; pat ;i;ua £HnSai suosiad JO uosaad ay; o; ssaaxa Sue (a) pun ;uawna ;suI S;ianaas sty; paanaas scans Hs o; (q) :saa3 ,sifauaope algnuoseaa 'o; pa ;iwg ;ou ;nq 'Smpnpui 'ales ay; jo sasuadxa He o; (e) :aapao SU MOHoj ay; ut pagdde aq Heys ales ay; jo spaaaoad aqi •ales Sue ;e Slaadoad ay; aseyaand ,few aauSisap sill ao aapuaZ •mir algeayddv ,fq pagpasaad aauuew ay; ui ptos aq Heys djadoad ay; pun 'ales jo aai ;ou ay; ysignd Heys aapua-I •Sj not ;aas ui pappoad aauunw ay; ui aamoaaOR 0; aces ay; jo aai;ou aniS Heys aapua7 tie�I algeawidd yip% aaunpaoaan ui 'mammy Ji 'd;aadoad ay; jo uoissassod ui uosaad ay; o; pun aamoaaog o; asotaaaoj o; ;ua ;ui jo aai ;ou aA!S Heys aapuaZ 'ales jo aaMOd ay; mom!! aapual jI •aauapina at;i; jo s ;soa pun saaj ,sfauao ;;s algeuosnaa 'o; pa ;Twit ;ou ;nq 'Sutpnpui 'ZZ uoi ;aas sly; ui pappoad saipawaa ay; Sumsand ui paaanaui sasuadxa its ;aaHoa o; pappua aq Heys aapuaZ •Merl aigealiddd ,fq pa ;ituaad saipawaa aay ;o ,Cue pun ales jo aaMOd ay; a)ionui Sew pun punwap aay ;an,; ;noy;!M ;uawna;sul ,f;ianaas sly; Sy paanaas scans He jo pn{ ui ;uatuSed a ;nipawwi Gimbal ,few uoi ;do s ;i ;s aapuaZ aapou ay; ui pagpads a;ep ay; aaojaq .10 uo palm ;ou Si ;jnejap ay; 3I •ales pun uoi ;saaiaaae 01 aaAOaaog 3o asuajap aay ;o Sue JO ;ineiap jo aaua ;sixa -uou ay; ;Jane 431 uoi;ae lama s Suiaq o; ;Op ay; pun uoi ;eaalaaae as ;,is a ;e ;suiaa o; ;Op ay; Jo aamoaaog wavy aay ;and Heys aai ;ou ay" •,f ;aadoad ay; jo ales pun ;uawna;sui ,f;ianaas sly; Ay paanaas stuns ay; jo not ;eaalaaan ui ;insaa ,few aai ;ou ay; ui paj}iaads a ;ep ay; aaojaq ao uo ;tnejap ay; aaua o; aanilei ;ey; (p) pun :paana aq ;snw ;tnejap ay; yaigM 'aatoaaog o; uaniS si aai ;ou ay; a;sp ay; woa3 sfsp p£ uny; ssal ;ou 'a ;gp a (a) ;ineiap ay; aaua o; paambaa uol;ag ay; (q) ;inejap ay; (e) :Sjpads Heys aai;ou ay •(aspMaay ;o sapinoad Mel atggaiddd ssatun gj uoi ;aas aapun uoyeaaiaaan o; aoiad ;ou ;nq) ;uawna ;sui S ;lanais sly; ui ;uatuaaaSe ao ;unuanoa Aug jo yanaaq s Sumojjoj uoi ;eaataaan o; aoiad aaMOaaog o; Gat ;ou an!S Heys aapua-i •saipawall :uoi ;eaalaaad •ZZ :smo fo; SE aaa8r pug 1ugU0AOO lapin; aapun pail aamo.uog SINVNgAO3 14I1!OrIINf1-NON 08'7061.5 855 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: (111:0-6(WY) (0005) AHL 514714 (01 /00) Pape 14 of 15 FAIRBANKS BUCK D FAIRBANKS Borrower SHELLE FAIRBANKS Borrower (Seal) (Seal) Borrower Borrower (Seal) (Seal) Borrower Borrower (Seal) (Seal) Borrower Borrower 0010122034 Form 3051 1/01 l0 /1 150E wood 958 4£OZZIOI00 trT ray :ss ,Ciunop uogej S l to 91. eaed MitnH2iI to (00 /10) StLVIS IHd (5000) (M )9-Cp g0 /ZT /6 :sandxg uocsscunuop Xyq s3luegaTe3 •Q /Ca -IaLIS Pus miusq.zs3 •Q i(apiong TOOZ XCeenuur jo /cep pag sttp acu aiopaq pagpaimoupe sem ivaum.iisu! SutoSaioj a a ,Cq `ONIIWOAM 30 HMS !T90L80 0870615 8 5 7 ADJUSTABLE RATE RIDER (LIBOR Index Rate Caps) THIS ADJUSTABLE RATE RIDER is made this 2nd day of January 2001 and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed (the "Security Instrument of the same date given by the undersigned (the "Borrower to secure Borrower's Adjustable Rate Note (the "Note to Accredited Home Lenders, Inc., A California Corporation (the "Lender of the same date and covering the Property described in the Security Instrument and located at: 825 SADDLE DRIVE, ETNA, Wyoming 83118 [Property Address] THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE LIMITS THE AMOUNT THE BORROWER'S INTEREST RATE CAN CHANGE AT ANY ONE TIME AND THE MAXIMUM RATE THE BORROWER MUST PAY. ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rate of 10.62 The Note provides for changes in the interest rate and the monthly payments, as follows: 4. INTEREST RATE AND MONTHLY PAYMENT CHANGES (A) Change Dates The interest rate I will pay may change on the 1s day of January, 2004 and on that day every sixth month thereafter. Each date on which my interest rate could change is called a "Change Date." (B) The Index Beginning with the first Change Date, my interest rate will be based on an Index. The "Index" is the average of interbank offered rates for six -month U.S. dollar denominated deposits in the London market "LIBOR as published in The Wall Street Journal. The most recent Index figure available as of the MULTISTATE ADJUSTABLE RATE RIDER -LIBOR INDEX Single Family FHLMC AHL modified 1/98 Page 1 of3 ARM_Ride.Doc AHL 004601 (01/98) FAIRBANKS 0010122034 b£OZZt0t00 S?INYH2IIV3 (86/1) ZO9b00 'I}W ooQ•aPl2I Y∎11V £3o Z aged 86 /1 P UIPow'IHV 3}111H.1 4 1!um3 ?l$u!S XgUNII 2IO1H1 HINT 31RV LSf1FQV 31VISI1'1flNi put ponajsumi so Nos s! .Iannozlog u) 1s0.131ui p iogauaq a ji so) passajsuesl so Nos s! 1) u) 1sa.1alut due so dpadosd a p jo um! due so jig 3i •iatoaaog uI lsaaaluj iepuouag a .zo ,fl zadoad aq1 jo .zajsurai :smolioj se peas 01 papuaule s! lu0umslsui Sigmas a'11jo Li luIUano3 uu03)un L M011IOg NI ISaualNI 'IVIDIdINag V HO AilIadONd 1H,L 30 2I�,dSNd2I L •S •aopou aql ;IuIp.11? 1 met) dent j uopsanb ,Cue samsue jjIM OI1M uossad a jo ioqumu auogdaial put 01m ow osit put ow uan!2 aq 01 Me! dq pasmbas uoileuuoju! apniou! IIIM aopou aqj •oSutgo due Jo altp anpoajja ow mpg luauzdtd digluouz Am jo iunouze atil put ales Isasalu! dill u! sauego ,Cue JO 0390U a OW 0) HMI .10 sangap IIIM SapioH OWN a so2ueq3 ;o aallo. (3) wag sa2uega luaul,Cud dlgluoul dui 30 lunoum ag1 Ipun aleG amp ow sage amp luaul,Ced dlgluoul lssg aql uo gu)uuI5aq 1uaulded dlgluow Mau Sul 30 lunouze aql ,Cud IIIM I •al1Q auegJ quo uo anpoaj o awooaq I!!M ales Ismaili! mail SIN sauegj jo muff an (3) S Z 9 0 t uegl ssai .1O S Z 9 L t UM)) sale0s2 aq sanau II)M ales 1Sas0111) dyAI •sgluout x!s u)paoa .1d ag1 so3 2u)ded uaaq anti i Isasalu! ,10 ales aql 111o4 (a/a 0 0 S t mod aReluaosad T au() pur auO uegl asoul dq altU a;lueu ajSuts ,Cue uo paseasoap so paseasow oq san311 I I!M ales lsasalu! Stu `salleasaq,b S Z9 0 t ueL1 ssai 50 S Z t' Z t uegl saiu iS aq lou IIIM alej auego lssg aqi It iced 01 poplin.) me i ales 180.10111) agZ sague ap'j point!' uo s11wl (Q) •luaul,Cud Slglu0m du' 30 lunoule Mau agl aq IIIM uopelnoleo sup jo Ilnsas aq j •sluauzded jumbo dlluRuelsgns u) ales lsasalu! Mau duI le amp dlunleul aql uo iln3 uI al1Q auuto ag11t amo 01 paloadxa we I leg) iud)ouud p)edun ago dtdas of luaptuns aq pinoM 1eg1 luaulAed digluoul ago 30 ounoutt aqi auIuualap um)) II)M sapioH a1oN agL •a2IQ aSueg3 lxau aql twin ales lsasalu! Mau dui aq I!!M Junourt papun0s sup 'mom (Q)y uopoas u) palels sl) !i ow 01 loafgnS %SZI lurod aStlu0osad auo 3o glgg!a -auo 30 1Sase311 ag1 0l uo)llppe sail 30 linsas agi punos mg) !gm sapioH atom aqj •xapui luaUnJ a111 01 SZ 9 (s)lu)od afeluaosad 1.14145 auO puP xiS Su)ppe dq ales 1Sasalui Mau dui alelnoleo H!M saPIOH a1oN agl `a1eQ oSutg3 goea asojaH sauega 3o u (J) •03)0110 Sp)) JO 039OU OW an)O ll!M saploH a1oN Ota •uo)URUUOJUI algeseduloo uodn paseq s) leg) xapul Mau t asoogo IIIM sapioH aloN aq1 `alge!)ene sauol ou s) xapui a i2 ji luaUnp„ aI11 Palleo s! ssnoa0 aleQ Amu ow gozgM u) gluoul 0141 Su)paoasd dialttpautul! gluow at1) jo 'Cup ssau)snq lssg S S Q ST901.R0 0870615 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 the option to require immediate payment in full, 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. BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Adjustable Rate Rider. (Seal) SHELLEY D. FAIRBANKS Borrower Borrower (Seal) Borrower MULTISTATE ADJUSTABLE RATE RIDER -LIBOR INDEX Single Family FHLMC AHL modifled 1/98 Page 3 of 3 ARM_Ride.Doc AHL 004603 (1/98) 0010122034 859 (Seal) Borrower (Seal) Borrower (Seal) (Seal) Borrower Borrower Jo 1 abed ,sAawolle anlloadsai a!ay; to asuadxa ay; wag pea Heys iapuai ay; pue no 'Aped 6u4sanba ay; Aq pied aq !!!nn i(ep auo paaoxa ley; s6uueay col saa ay; pue noi( uaann;aq Nlenba paaeys aq IIIM s6uueay uo! ;ewl!gie to Aep lint auo o; dn jo a41 no pied aq is lunowe ueol anon of !Bribe w!e!a e iol aowJ ;s!u!wpe uo!wiligae ay; Aq pe6ae lunowe ay; iano slsoo He (o) pue ;unowe ueol Jnos< o; !Bribe w!eia e iol Jo;eJls!u!wpe uo! ;ewl!gJe ay; Aq pa6ieyo lunowe ay; o; dn aapua ay; pue noi( uaaMlaq Alienba pap!n!p aq !legs ;soo leuo!l!ppe yons '00'006$ Jano s ;soo 6uli!l ay; jol (q) :00'006$ to lunowe wnw!xew ay; o; dn w!e!a ay; 6u111.1 ay; to ;soo le11!u! ay; aol Aed o; saaa6e iapual (e) :smog); se pied aq Heys swop Dull!! ay1 'w!ela e 8I!l noA lI •s ;sod 644 lie Aed Heys iapual 'pen a sal!! iapua'l 11 •uo! ;ei;lgiy 10 woo •a 'sallied ayl Aq paaa6e se uo!;eool wino yons ;e Jo pa;eoo! s! pnoo louls!p impel a a.(agM aouap!saa anon( o1 1S9JBOU Alp ay1 u! aoeld a)iel II!M pualle nog( ley! 6uueay tioledp!ped ituy 'uol ;ea ;lgiy uo!;e3o7 '8 Molaq pa ;s!! siagwnu auoydalal io /pue sassaippe ay; 1e suo! ;ez!ue6ao asa41 6u!Ileo Jo 01 6u4uM Aq pau!e ;go aq Aew svyyr pue 'VW 'dVN ay; to su.uol pue sap ayl •iapue JO nog( 01 pale!aaun io /pue luapuadapu! aq Heys io ;ewpgie ayl 06pnf Jauuol JO paJ!;aJ a JO aouauadxa sieaA ual ueyl aaow y ;!m J0/MBl a aq Heys Joleal!gae a41 'Csvivf alndsipu3/SWyf Jo („vb^d uo!le!oossy uo!wiligay ueouawy 041 dVN wniod uo4e.y!gJy Ieuo! ;eN ay1 :sao ;OJls!u!wpe uo!leJl!gie aeay; 6u!Moliol a41 to auo paps 04 ;146U ay; aneg Heys 6uipaaooid uo! ;ea;!gie ay1 6u4e4!u! Aped 641 'pool s! w!ela ay1 awl; ay; l0 papaws ao ;BJls!u!wpe uo!leJ1 qae ayl to sainpaooid Jo sap a!geo!idde 9141 pue Jam uo! ;eJ ;!gJy s!y; 01 ;uensind uo!leJ ;!gJe 6u!pulq Aq 'sn Jo nog( to uo!loaia ay; uodn 'pen!osoi eq Heys '(„w!ela„ e) 1uawnJ ;sul A11noas ay; Jo a ;ON ay; JO ;may ped Aue �ap!a uo!leJ4!gJy sly! to R4!!lgeaoaolue JO it ;!plien ay1 6u!pnlou! ;uawnJlsul A1!moas ay1 Jo aloN 8141 way linsaJ yo!yM sd!ysuol ;elaa 841 JO ;uawnJ;sui Alunoes ay; JO aloN 041 01 6u4eiaa Jo woal 6u!sue 'sw!eIo Aped -pJ!y; pue 'sw!eIO- Ja ;unoo 'sw!e!o !e!l!u! 6u!pnlou! '(am ;nl Jo ;uasaid '6u!ls!xa aad JayleyM pue JO !mei uowwoo :a;n101s :uo! ;n ;!;suoo :0SINU8410 JO Ieuo!lualu! 'po; :13eJ ;uoo uodn paseq re4la1M) ASJOA0 luoo Jo `a ;ndslp 'w!e!o Aue 10 (41 lsanbei i(ew noi( Jo iapua J011118 1014; aa.I6e nod 'Jap!a uo!leJl!gay sly! 6u!u6!s As •a ;ei ;!gJy ol;ueweeJ6y •y :le pe ;eoo1 pue 1uawnJ ;sul ,clunoas 843 u! pagposap Apadwd ay1 6uuanoo pue elep awes ay; to „iapuei ay; 'su6!sse pue siossaoons si! y ;!M aay1e6o1) uotg2iodzop eivaoJTTED V "Dui 'saapua'I atnog pa4tpaao0v o; „aloN„ ayl) aloN 0108 a[gelsn[py JO aloN sdaMaJOB anion 01(,uaMaao8„ ay;) peu6isiepun ay; Aq uen!6 amp awes ay; to („luawnJlsul A1unoes„ ay1) paaa Alunoas Jo 1sn�l to paaa `a6e6pow ay ;uawaiddns pue puawe o1 pawaap aq Heys pue ow! palewodioou! s! PUe tooZ Aavnut;r to Aep puz s!y; apew s! 83818 NOI112111821V SIHI 098 tEOZZtOt00 [ssaippy A;JadoJdi 811E8 buTwo/LM 'VN.L2 'aAI2icI S`iaays SZ8 213aI21 NOIlb211I821V S)INVEMIV. (00 /5) tOLb00 'I}W NT904. 30 0870615 8 61 fees, except as otherwise provided by law. If a statute gives you the right to recover these fees, or the fees paid to the arbitration administrator, these statutory rights shall apply in the arbitration notwithstanding anything to the contrary contained herein. If the arbitrator issues an award in the Lender's favor, you will not be required to reimburse the Lender for any fees the Lender has previously paid to the arbitration administrator or for which the Lender is responsible. D. Applicable Law; Judgment. This Arbitration Rider is made pursuant to a transaction involving interstate commerce, and shall be governed by the Federal Arbitration Act, 9 U.S.C. Sections 1 -16 (the "FAA The arbitrator shall apply applicable substantive law consistent with the FAA, including laws concerning reception, rejection, and consideration of evidence, and shall provide written reasoned findings of fact and conclusions of law. The arbitrator's award shall not be subject to appeal except as permitted by the FAA The parties agree that the award shall be kept confidential. Judgement upon the award may be entered in any court having jurisdiction. All statutes of limitations that would otherwise be applicable shall apply to any arbitration proceedings. E. Powers of Arbitrator. The arbitrator shall be empowered to impose sanctions and to take such actions as the arbitrator deems necessary to the same extent as could be imposed by a judge pursuant to the Federal Rules of Civil Procedure. F. Additional Terms. This Arbitration Rider shall survive repayment of your loan. If any portion of this Arbitration Rider is deemed invalid or unenforceable under any law or statute consistent with the FAA, it shall not invalidate the remaining portions of this Arbitration Rider. In the event of a conflict or inconsistency between the rules and procedures of the arbitration administrator and this Arbitration Rider, this Arbitration Rider shall govern. No class action or joinder or consolidation of any Claim with the claim of any other person are permitted in arbitration without the written consent of you and the Lender. G. Claims Not Subject to Arbitration. No provision of, nor the exercise of any rights under this Arbitration Rider shall limit the right of any party during the pendency of any Claim, to seek and use ancillary or preliminary remedies, judicial or otherwise, for the purpose of realizing upon, preserving, protecting or foreclosing upon any property involved in any Claim or subject to the loan documents. The use of the courts shall not constitute a waiver of the right of any party, including the plaintiff, to submit any Claim to arbitration nor render inapplicable the compulsory arbitration provisions contained in this Arbitration Rider. THE PARTIES ACKNOWLEDGE THAT THEY HAD A RIGHT TO LITIGATE CLAIMS THROUGH A COURT BEFORE A JUDGE OR JURY, BUT WILL NOT HAVE THAT RIGHT IF EITHER PARTY ELECTS ARBITRATION. THE PARTIES HEREBY KNOWINGLY AND VOLUNTARILY WAIVE THEIR RIGHTS TO LITIGATE SUCH CLAIMS IN A COURT BEFORE A JUDGE OR JURY UPON ELECTION OF ARBITRATION BY EITHER PARTY. You may contact, obtain the arbitration rules of, or file a Claim with NAF, AAA, or JAMS as follows: National Arbitration Forum P.O. Box 50191 Minneapolis, MN 55405 (800) 474 -2371 www.arb-forum.org Code of Procedure. AHL 004702 (5/00) American Arbitration Association 1150 Connecticut Ave., NW 6th Fl Washington, D.C. 20036 -4104 (800) 925 -0155 www.adr.org Arbitration Rules of Consumer Related Disputes (Claims under $10,000). Commercial Arbitration Rules (all other claims). FAIRBANKS 0010122034 J.A.M.S. /Endispute 700 11 St. NW, Suite 450 Washington, D.C. 20001 (800) 352 -5267 www.jamsadr.com Financial Services Arbitration Rules and Procedures. Page 2 of 3 0870615 BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Arbitration Rider. Borrower LEY D. FAIRBANKS Date Borrower I -3'! Borrower SHEIYLEY D FAIRBANKS Date Borrower Borrower Borrower Date Borrower Date Borrower AHL 004703 6/00) FAIRBANKS 0010122034 862 Date Date Date Date Page 3 of 3