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HomeMy WebLinkAbout867680Return To: CACHE MORTGAGE CORPORATION 33 NORTH MAIN STREET LOGAN, UTAH 84321 Attn.: SHIPPING DEPT./DOC. CONTROL Prepared By: DEFINITIONS Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20 and 21. Certain rules regarding the usage of words used in this document are also provided in Section 16. (A) "Security Instrument" means this document, which is dated August 18, 2000, together with all Riders to this document. (B) "Borrower" is DONALD E. BOTKIN and LAURA J. BOTKIN husband and wife, Borrower is the mortgagor under this Security Instrument. (C) "Lender" is CACHE MORTGAGE CORPORATION. Lender is a corporation organized and existing under the laws of the State of UTAH. Lender's address is 33 NORTH MAIN STREET, LOGAN, UTAH 84321. Lender is the mortgagee under this Security Instrument. (D) "Note" means the promissory note signed by Borrower and dated August 18, 2000. The Note states that Borrower owes Lender Ninety One Thousand Eight Hundred Fifty And 00 /100 Dollars (U.S. 91,850.00) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than September 1, 2030. (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]: Adjustable Rate Rider Balloon Rider VA Rider wyctd 861680 [Space Above This Line For Recording Data] MORTGAGE Condominium Rider Planned Unit Development Rider Biweekly Payment Rider WYOMING Single Family FNMA /FHLMC UNIFORM INSTRUMENT Form 3051 3/99 Page 1 of 13 RECEIVED 00 AUG 2 I f Arbitration Rider ICEIAMERER, BOOK PR PAGE 51 b Second Home Rider [X] 1 -4 Family Rider [X] Other(s) [specify] Legal Description Initials: k::(" 66/£ ISO£ uuod zpg R El Jo Z aged •d0a2IdH .LUIyd y KIVIv dDNa?Ik3LU SIH,L AS QNV OJ2IdH QdHOV.L,LV „y,, 1IfIHXa dis [uolia!psun f 8uipiooaJ Jo aurei.I] [uopowspni 8uiplooa)l ;o ad,(Z] N'IOONI'I 3 XlunoO aql ut paigool ,Cizadoad paquosap &utmollo3 a Ii `alt's 3o .amod am gltm `su8tssg pug szossaoons S,aapuO' pun aapuaj of Xanuoo pug luga8 `aSe2vow iigaaaq saop aamoaaog `asodand snit zod °atoN aqi pun luawnalsul ,CiunoaS sail .upon sivawaaz8e pug slueuanoo vamozzog3o aoueuuoj.ad aqi (q) pug `aloft am jo suolwogtpow pug suotsuaixa `slemauaz Hu pug `two-1 aqi jo luauiXydaa aql (e) :.apuai of sa.inoas luawnzlsul Xiunoos stgZ A.L1lad011d dH.L NI SIHJRI AO 2IgISNVILL •luawnaisul XitanoaS spii .io/puu aloN am .iapun suotlatlgo s,aamoaaog pawnssu suq Xved NT lou .io .iag1agm eta iado.id agl of aim uaNuj oil will Xind Atm stream .iamoa.iog jo lsaaalul ut aossaaan5„ (d) °VdSall .iapun „ugol a8y8laow palgla.i ,Clluzapa3„ y sy X3tlunb lou saop uyo'l amp uana ugol °Sallow palelaa ,illgzap03„ e of pn5ai ut pasoduzi ale lout suonoizlsaz pug sluawazmbai jly of szaJaz „ydSd2l„ `luawnalsul ieginoas stgi ut pasn sy •zaligw loafgns awes agi suzano8 lugl uotigln8aa .10 uoiigls1[20l IOSSOOons .10 lguoljippg ,iug _to camp o; awti woa3 papuatuu ag 1118tw Xagi st' `(00S£ Ind 'WAD tZ) x uotluln8ag `uoilyln8az 8uiluawaldwt sit pug (loos la I09Z uotloaS •O'S'fl ZI) Ioy saznpaoozd mammas alulsg pax am sueaw „vasau„ (0) °luawnaisul Xitanoa5 stgi jo E uotloa5 aapun siunowe Xuu (Z) snld `aloN aqi aapun Isamu! pug ludtouud (I) zo3 anp lunowg palnpagos Xlaeln8az am stream „luawdnd alpotzad„ (N) two-I am 'Ito llnejap ao `3o luaw,Xgduou agi isulau aapual 8utioalozd aounznsui sugauz „aaug.insul o2g211oh!„ (w) /evadoad agljo uociipuoo zo/pue anlun am '01 su suotsstwo AO `3o suotNNluasaadazstw (AI) AO uotlyuwapuoo 3o nail ut aouy/eanuoo (Ill) Cizadozd gip 30 lied Xuy _to IIy jo BuDlel aaglo ao uotiguuiapuoo (tt) `Xizadoad am `3o uotlonzisap 10 `oi a8uwyp (i) ao3 (S uogoa5 ut paquosap sa ulanoo aql .apun pu d spaaoozd aouyansut ungl aaglo) Xizud pztgi Xui ieg mud spaaaozd to `saaguzup jo plumy luauialllas `uoni suadiuoo tug sugatu „spaaaoad snoaunllaasm„ (I) uotloa5 ui paquosap aay lygi swait asogl uyaw „small mozosd„ (N) •szaJsuyai asnog8uuyalo paiywolny pug `saajsueal aatm `auogdalai /(q paletitut saajsugzi `suopousueaj aulgoyw _mum paluwo11 `saaJsuezi alt's-jo-Rod `01 paltwtl loU st lug `Sapnloul uuai Lions •lun000u u y itpaao a0 ligop 01 uoilnlilsul Iyiougug u ozuoging 10 `lonaisut `zapzo of su os adel oilau8uw a0 `zalndwoo `luawnalsui oluogdalal Iyutuuai otuo.loala uy g2nozgl paiytiiut si golgm `luawnalsut .adud ay[iwts AO iJyzp `)Ioago Sq palyui2uo uopousuuzl e uugl zagio `spun3 jo aaJsugal (try small! „Jajsugli spun,d atuolpoid„ (r) •uollyzivazo aypugs to uopeloossu saaumoawog `uoilgioossg wntutuiopuoo y /fq Xi.tadoad am 10 zamo.uog uo pasodurt 012 ART S0 12go aaglo pug SivawssasS2 `saa3 `soup Nu stream „sluawssassy pun saag 'Sang uol;nloossy Xllunwwo0„ (I) •suotutdo Igloipnf algyleadd2 -uou 'pug algyogddu ]It' su Ilam sy (m2! jo wow agi anyq imp) saapzo pug salna antlgalstutwpe put' saouyutpzo `suotluln8az `sainiyis leool pue aims `luJapa3 algyotldd2 8utlioaluoo Ile suuaw „nog algtallddy„ (H) wzi9e49No 08(i7680 Parcel ID Number: 12- 3018- 05 -1 -01- 001.00 which currently has the address of 880 CALL LANE SMOOT "Property Address [City], WYOMING Page 3 of 13 548 [Street] 83126 [Zip Code] TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash, (b) money order, (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or entity or (d) Electronic Funds Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment(s) or partial payment(s) if the payment(s) or partial payments are insufficient to bring the Loan current. Lender may accept any payment(s) or partial payment(s) insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment(s) 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(s) 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: (1) interest due under the Note; (2) principal due under the Note; (3) 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 Form 3051 3/99 66 ME 11110 rig £IJObPSEd ydSg2l ,Cq paimbaJ s13 spund atp jo 5utlun000t !mum tit 'Amp lnogitm `Jamonog o; ani2 hugs Japaa-1 •spund alp uo mud aq pegs Jsalalut lugl `lonamoq Twin tit aaa3 Ugo 1apua i put .IaMouog •spund a41 uo ammo 10 isalalut Aug .Ian&o.uog ,crd o; paiinbai aq Jou hugs Japua-i `spund am uo ptgd aq o; ;sa.Ia;ut sa.Imba.I mWi alquoiddy Jo Wuium tit ap13tu st ;uatuaaau uz ssaiun •aJtgo t lions avtu o; .Iapua-i sltuuad mU7 algroiddy pug spund alp uo lsalalut Jamofog sad Japuaj ssaiun 'swan mama am Sut,C3uan 10 `Jun000i moJOSa ag; 2utz,Ci13uE ,cjznuuu `spund ut,Ciddu pu13 Sutpm04 Jo3 .1amo.uog aa1r4O ;o1 hugs Japua-i •t/dSg2i Japan pagtoads aunt; am. u>?q; Jalgl ou small mama a41,Cud 0; spund a41,Cldd13 pugs Japuai °)iuug utori atuoii triapad ,Cur ut Jo (pa.Insut os 0.1U s;tsodap asogm norm ;t ;sat uu st Japuaq 3! `Japua'J 2utpniout) ,(plug 10 `,cltig1uaum.usut `,coua u iuJapa3 g ,Cq painsut aJg s;tsodap asogm notlnitlsut uu tit piaq aq Hugs spund ata •mul aiquogddy gltm aouup.I000u tit astmJaq o JO s111011 mo1OSg gin ;n33o sainitpuadxa jo salmtutua aigiuosuai pug mlmp lua.uno jo stsuq 041 uo anp spund jo ;rummy aqi a ;Utut ;sa Hugs Japuaq •ydSg2i Japan gimbal tiro Japuai r Junotut umtltxtU1 a4J paaoxa o; Jou (Z) pug ydSgul Japan pagtoads atilt; a41 ;r spund 041 Aiddm o; Japua7 1itulad o; ltiatoB3ns (I) lunouiU ut ut spund plog puu palm 'Qum Aug It 'am Japuaj uoioas sap Japun paltnba1104; aJU 1131; `s;un0u113 gons tit put `spund tit Japaa' o; ,cud Hugs JamoJJOg `uop13OOna1 gons uodn `pur s i uoioaS 41tm 00Ueplo0013 tit uant aOiou U iiq atutJ ,iu13 113 stuali mo1OSg llt .10 Aug o; s13 JanIUM alp orlonat Amu Japuari •;unotug lions Aug Japuo' o; /Mai o1 6 uotloas Japan pa ;t Hqo aq uaq; Iirgs Jamo.uog pug lunotu1 gons ,Cud put 6 uotloag Japan s115u s11 ast31axa ,c13tu Japua7 'um! mama 113 Jo3 anp lunotu13 041 ad 01 s1133 10m0110g puU `Jantum u o1 lu13nslnd 'Allow small mama ,Cud o; mango st Jamouog 31 •6 uotlOaS tit pasn st „luatuaa1 13 puu luguanoo„ as13Jgd am s13 `luautnh ;sui ,Clunoas sup ut pautu;uoo 1uatuaaJ5e put luguanoO m aq o1 pautaap aq sasodind Hr Jo3 hugs sidtaoaJ aptnold o1 put sivatw,cud qons alum 0; uot11 jqo s,lamouog •ax!nbal Attu Japua1 s13 pouad amt; gons utg1jm luatuad gons 2utouaptna sldtaoal lapuag 0l gstuln3 Hugs `saimbal Japuari 31 `pu Japuag Cq pant13m uaaq s134 spund jo 1uatuad gout/ Jo3 small mama ,Cum Jo3 anp sumo= am `aigt,Cgd aiagm puu uagm `,C1;Oa1ip ad Hugs JamofOg `Jani1m gons 3o Juana am ui but ;tlm tit aq ,Ciao (tul .OAI13m gons ,Cuy •at111 Aug 1g small moJOSg 1113 10 ,CUe 103 spund Japuai o; ,Cud o; uotlg2Hgo s,lamo1Jog ant13m ,Cutu Japua-i •stua1i m01OSg Hu Jo ,Cur 103 spund 041,C13d 01 uot1aHgo s,1amoJJOg sant13m Japua-i ssaiun swan molosg 103 spund am Japua7 ad pegs Jamo.uog •uot ;oag s141 Japan ptgd aq 01 s1unoutI jo saOtlou 1113 Japua-i of 4sttun3 ,fildtuoid Hugs IOMO.LIOH 111011 mo1OSg 113 aq 11 14 sluatussasst pug Saa3 `soup gons pu13 `1amo1.t0g ,Cq pamoIOSa aq `,Cum Ji `s;uaUIssassy pur saad `sang not ;13iOossy ,C;tunutu03 Jrg1 gimbal ,(1311 Japuaq `u13o-i alp 3o tu1a; aril 2utlnp 011111 ,Cur 113 Jo uotlNut2uo ;y •S1Ua3i mo1OSg„ panto 0Ji; su1a4[ asa41 •01 uot;O0S jo SuOtstnold 0141 g11m a0U13p1o0OU 111 sumtltaid aoutJnsui aO 1oj, jo 1uaul,Crd ag13o nail ut Japua'i o1 Jamo.uog ,Cq aigt,c13d sums ,cut Jo `,Cu1331 `stuntutald 0ou131nsui aga110JA (p) pug `S uot;Oag Japan Japual AEI paltnbai aoU13lnsut nu put ,Cu13 Jo3 stunlmaid (o) `,Cut 313 `,C11ado1d 0141 uo S1U01 punol2 Jo sluatu,CUd P104as13al (q) ',C11adoJd alp 110 aoutIqumOua Jo uati 13 s13 ;uaumJ1sui ,ilunOaS sup JOAO ,c111011d UI1311t 1130 gOtgm Stualt 10410 pug s;uauISSassu pu13 saXI; (13) :Jo; anp s;unom133o ;uatu,C13d Jo aptnold o1 („spund„ a43) tuns 13 'um tit ptud st Nom 043 Ulan `0101.1 0141 Japan anp 0.113 s1u0tu,crd Otpotaad ,Cmp a41 uo Japuari 01 /Cud H134S J0m0110g •stuall mOJOSa Jo; spund •s;uatu,Cgd OtpoUOd alp J0 `lunollm a41 amp .10 `a;13p anp ag1 auod ;sod Jo pu0lxa 1ou Hugs a3OM a41 Japan anp i13d1OUpd 01 Spaao0Jd snoau13ilaOSIN 10 `spaaoold aou13lnsut 'swam/cud 3O uoU13OHdd13,cuy •aloN a4; UT paquosap s1311041 pu13 sa2J1340 ;uaut,crdaid ,Cut 01 pig ponddg aq Ins sluatu,C13da1d X1m ;union •anp sa21t40 Nu! ,Cum 01 ponddt aq ,Cruz ssaOxa gons `s1UauI,CUd Otpotlad 010111 10 0110 JO JUatu,i13d HT a4; 01 pandd13 st ;uatu,C13d am 1x1313 s ;stxa ssaOxa ,Cum ;1341 lualxa a4; os 'iln3 ut mud aq uto luatu,Cmd 40130 ;1111 ;ualxa a41 01 put `313 s1U0u1,CUd Otpouad alp jo luatu,CgdaI am 01 10MOLIOH 11013 panta001 ;uatu,CUd ,Cur Aiddt ,ttm Japaa' Tutpu13lslno st ;uatu,C13d Otpotlad auo u13til 01out 3i Amp am 041 pug luatu,Cmd luanbutiap a4101 patiddg aq /cum lua11,Cmd 041 `anp aa11340 Nut Aug ,cud 01 mom IuOTOgJns m sapniout 4Ot4m 1uam,Cud Otpouad luanbu!ap 13 Jo3 JamoIJOg wag 1uau1,C13d 13 santa00I Japua'i 3I •aloN 04130 aoutitq i13dtoutld 041 0OnpaJ 01 ua41 pu13 `;uounu SUi ,cltlnOag sup Japan anp s;unomg 10410 ,Cur o; pu0Oas `sa ng° 01131 03 lug psi ►7 8° Page 5 of 13 550 If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the shortage in accordance with RESPA, but in no more than twelve monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no more than twelve monthly payments. Upon payment in full of all sums secured by this Security Instrument, Lender shall promptly refund to Borrower any Funds held by Lender. 4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable to the Property which can attain priority over this Security Instrument, leasehold payments or ground rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To the extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3. Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien while those proceedings Are pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may require Borrower to pay a one -time charge for a real estate tax verification and /or reporting service used by Lender in connection with this Loan. 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. 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: (1) a one -time charge for flood zone determination, certification and tracking services or (2) 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 Form 3051 3/99 Initial J 66/£ ISO£ wao1 £I Jo 9 aged •asneo aigeuostaa ions 2u1Xj!oads uoltoadsul aouaiut ut ions of ao!ad 10 JO OUitl 0g1 lu aOl1OU aaMO.U0g an!S !tugs aapuari Xnadoad ail uo stuamanoadmt ail jo aouaful 0111 loadsul Xtm aapua-i `asngo algtuosuaa suq 1! ji •Auadoid ail Jo suogoadsul pug uodn sou alquuostaa ,cum luau sit .io aapuaq '1109 aolsaa JO gedaa ions do uo!laidmoo ail aoj uogaggo s,1 Mo.uog Jo pana!laa loll st 1 MO.uog `,claadoad ail aaotsaa 10 IIgdaa of IUalOgdns loU aae spaaooad uoguumapuoo a0 0ouumsul ail 3I •pataldmoo st xaoM ail sg stuam,ctd ssai oad jo sauas u ut .to luam,Cud ai2uis u u! uollga01saa pug satedaa ail aoj spaaooad asangstp ,Cum .tapua7 •sasodand ions aoj spaaooad pomp.' set! aapuari J! ,cluo ,Ciaadoad ail 5uuoisaa .io 2uulgdaa and alglsuodsaa aq Hugs aamouog `Xpadoad ail `3o Suplut ail .to `01 amp!) gt1M uocloauuoo ut mud 0.111 spaaooid uolluumapuo3 10 aOUgtnsu! 3i •aumup .to uoftaoualap Jailznj• plonu 01 pa utuup j! ,Ciaadoad ail gudaa ,Clldwoid Reis aaMO.uog `atglsea3 (IItO ?uzouoOa loll Si uotleao1saa .to gudaa toil S uottoas 01 tugns.md pautuuatap st ll ssalun •uolilpuoz 51! OI anp antun u! 2utsuaxoap 10 Sulitaoualap moat ,Ciaadoad ail 1uana.td of aapao ul rclaadoad ail uIgtulum !tugs aamoaaog `,C1JOdoad am u! SU!p!saa sl aaMOaaog loll so 10111011M •,(110doad 0111 UO MUM 11=100 10 attaouatap of ,(laadoad ail mop `,(padoad aii atudm! .10 atmtp `,(oafs! lou Rugs aaMoaaog •suopaadsui :,(laadoad am. JO uop0aload pun aauttualumt;ig 'uo!len.tasa.td 10111100 s,aaMOaaog puo,caq aag golgM lslxa sa,Uglsmnaalo 2ulfunuatxa ssalun 10 `piaggilM Xiquuoseatun aq loll !lugs luasuoO gOlIM ugpm Ut saa12u astM.taglo .tapua-i ssatun `,iouudn000 Jo atop ail .taiju auaC auo isua! Ill aoj aoUaptsaa ludlouud s,aaMo.uog su Claadoad am ,idn000 01 anuUuoO !tugs pull fuamnaisUJ I(1un0as slgl 3o uol1noaxa a11f IaiJu scup ,clxls utg1mM aouaplsaa tedlouud s se Cuadoad ayt asn pull `gsligtisa `,Cdn000 HIS zaMO.uog •,Couudnaa0 '9 •anp uag1 10U10 aag1agM luamnaisui ,(tunOas slit .to aloN 0111 .zapun pltdun stunomu ,Cud of a0 ,Ctaadoad 0111 aIOIsaa .10 .ttgdai of aamlt0 spa000ad aOUeansuI ail asn ,cum .tapua' •,(taadoad amp ataano0 OUT 01 alqu0tlddt aat stg5p ions st .Ij0SU! `Xnadoad aql 2UUan0o satznod a0utansuI 1111 .tapun (aamo.uog ,cq mud smntmaad pauataun jo pundaa ,Cut 01 giSla am mg .tagio) slpU s,10M0a10g JO 1a110 ,iue (Z) put luamnalsui ,clunOas 9111 10 NON ogi aapun pledun slunouze ail paaOxa of loll tunomu ue ul spaa0oad aOUgansul ,cut 01 sl40!1 s,aaMOUog (I) .tapua-! 01 st !ssg ,Cgaaaq 10M011011 `asluuagio 10 ZZ UOI10as .tapun ,itaadoad am saambww aapua-i j! 10 `Iuana 1041!0 ui •u0n42 si 00!10U ail uagM w2aq !gm pouad ,Cep -p£ ags •mlgta ail alttas pug afullo2au ,cum aapua7 ua111 `mlui0 u alitas of paaaJJo sug aauaeo aODUnsuI ail tt41 1apua' moat a0ifou g of scup 0£ ulgliM puodsaa toll saop IOMO.uog 3i •saatltm patuta.t put mtti0 azUglnsul aiqugunu ,(uu attfas put algllo2au 'am ,Cum aapua7 `,C2.Iadoid am suoputgt 10MOaaog ji •Z uolfoas ul .toj papinoad .tapao ail ul pa!lddu aq !lugs spaaooad OOUtansul ions •aaMOaaog 01 mud ',Cut 3I `ssaoxa am 111M `anp Uagt Iou 10 .taglagM `luamn.Iisul ,(tunas slgl ,Cq pa.InOas sums am 01 patiddt aq Hugs spaaooad aougansut at(f `pauassat aq mom ,ClunO0S s,aapua'I 10 aiglsga3 'tteotmouooa toll sl aledaa 10 UOi1 101501 aim 31 •aaMOaaog 3o uot11 qqo aJOS 041 aq imp pull spaaooad aOUtansut jo lno pled aq toll Itggs 10MOaaog ,Cq paulttaa `saliatd p.ngf 10410 JO `saalsnfpt olignd .toj saa •spaaooad ions uo alga= 10 Isataful ,Cuu aaMO.uog ,cud of pa.Imbat aq tou gugs aapU0 `spaaooad aoutansu! ions uo mud aq of 1saaa1U! sa.nnbai Mu7 atggOttddy a0 OutiuM ul apt= s! 1Uamaaafe ug salon •pataldmoO Si )11OM 0111 sg sivam,Cgd ssoi otd do sauas g III 10 luam,Ced 01&uns t III uoij .zofsal put sit da.t am IN spaaooad asangstp cum .Iapuari •XItdmoad ua>lupapun aq !lugs uotioadsut ions 1ti1 papinoad `uottoujsgus s,aapua' oI pafaidmo0 wag SUIT 3110M aqf a1nsua of ,ciaadoad ions palm! 01 ,Ctlunuoddo uu pug suq aapua-I !gun spaaooad aOUt1nsut ions plog 01 110p ail anti hugs aapuaJ `pouad uotltaots0a put atedaa ions 2uunQ •pauassa! toll s! ,cfun0as s,aapua -I pug atglstaj XIlgolmouooa sl .Iredai a0 UOI1V101S01 aii dt `,Cytadoad amp gudaa 10 U0Iita01saa 01 patiddt aq hugs `lOpua'i Xq pagnbaa seM a0ueansul 5ul,(uapun am Iou 10 104ta11M `spaaooad aOUgtnsul ,Cue `2u!l!M ut 00121 aslM10gmo aaMO.uog put aapuaJ ssatun •aaMOaaog Xq ,(lidmoad apt= Iou 3t sso! jo 3ooad oval ,Ctut aapua7 •aapua-i pug aalaago OOUE1t1SUl 041 o1 0011011 ldmoad anl2 HMIs 10MOaaog `SSO! 3O Iuana am. ut •aa,igd sso! Ituotllppu 1111 su aoipue aaataom st aapuaJ amtu !lugs pug asnui0 aalaom patput1s g apn[OU! Hugs ,C0!tod ions `,(ytadoad amt `Jo uot2Onatsap ao `01 aumep aoj `aapua-i ,(q paambaa astMaagto 1011 `ae10A00 00utansut Jo wig; ,cut swum aaMOa1Og ji sa0!lou lumauaa pug swig-maid pled jo sldla0aa i111 aapua' 01 ant' ,clidtuoad !lugs a0MO1JOg `saambaa 0!1101 3I °sattogliaao I1Mauaa pug satotiod am. mot! 01 1g2u am anti hugs aapual •aa,itd sso! Iruo!i!ppu ut st ao/put S og904.5B° 8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material information) in connection with the Loan. Material representations include, but are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal residence. 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (1) Borrower fails to perform the covenants and agreements contained in this Security Instrument, (2) there is a legal proceeding that might significantly affect Lender's interest in the Property and /or rights under this Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or regulations), or (3) Borrower has abandoned the Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under this Security Instrument, including protecting and/or assessing the value of the Property, and securing and/or repairing the Property. Lender's actions can include, but are not limited to, (1) paying any sums secured by a lien which has priority over this Security Instrument, (2) appearing in court, and (3) paying reasonable attorneys' fees to protect its interest in the Property and /or rights under this Security Instrument, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water from pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned on or off. Although Lender may take action under this Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions authorized under this Section 9. Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger in writing. 10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurance previously 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. Page 7 of 13 Initials Form 30513/99 5 5?_ 66/£ ISO£ wlod C JS £t Jo 8 a /Cue Isutau autpaaooxd aouauttuoo of paztnbaz aq iou Hugs .iapua-I •.IoMo.uog jo Isazaful ut szossaoong Cu u .to .iamouog jo kititquli alp ast?aiat of aitzado iou tugs .IaMo.uog 3o fsazaiul ut zossaoons Niue JO zantozzog of zapua-I i(q pafugza Iuau n isul Xiunoas sun Xq paznaas sums agi jo uogurtizouzu jo uoutogtpotu .to Iuatu,igd zo3 atutf agi jo uotsuaixg •aantnm a iol\! .tapua7 Mfg aaue.teactiod :paseaiag IoM .tanto.uog 'ZI •Z uotioas ut .toj paptnozd iapto agi u! pat[ddt aq Hugs Xfzadozd gip jo ztudaz JO uotie.toisa.t of patlddu iou azg nip spaaoozd snoaut?IlaosHAI IIV •.tapua• of mud aq Hugs pug paugtssu Xgatag azt iCf.zado1d agi ut isazafut mapua-j jo ivauutgdtut alp of aigginqufft a•1e itgf sa utuup .IoJ uttglo JO prim Xuu jo spaaoozd atiL ivautntisul iCit.tnoas sup .tapun sig2u .to XiIadoad alp ut isazafut mapuaj jo fuauutudurt Iutzantu .tagio .10 klzadozd amp aznitapoj sapnloazd `fuatu2pnf s u! `iggi &gnt u gitM passtuustp aq of Outpaaootd .to uotfou gip 2utsnuo Xq `6T uotfoas ut paptnozd su anisutaz `paun000 suit uotfu.talaaog .J! `pug ftngpap u guns azna Ugo .tamo.uog •Iuatunzisul 'Cit.moaS sup zapun situ .10 Xf.zadoad alp ut Isazaiu! mapual jo fuaturtudtut tutzafttu zagfo .to Xizadozd agf jo aznitajzoj ut ipso.' pinoo `Iuatu2pnf mapua-I ut `itgi un2aq st Igutuzuo .to unto zagiagm `futpaaoozd .to uotfou ,Cut jt itntjap ut aq !lugs zamozzog •spaaoozd snoauguaosm of paw ut uotiag jo itpu g suit .Iamortog tuogM isutag Xp ed alp .to spaaoozd snoauuttaostw .taMo.uog saMo imp kind pup agi suuatu „Xizud 2utsoddp„ •anp mil iou JO .tagfagm `fuatunzisui Xiunoas sup A pa.tnoas sums agi of .to Xizadozd agi jo .ttudaz .to uotfgzoisaz 01 zagfta spaaoozd snoautilaostlnl agi ,ildde pug Ioa!!oo of pazpoging st zapuar `uantI st aotiou aqi atop agi zaiue Sip p£ uttmm zapuai of puodsaz 01 mu aamozzog `sa5uutup zoJ turelo g aims of pzgMt uu 07111 01 SJOJ3o (aouaivas ixau agf ut paugap su)'ii.tnd 5utsoddp aqf iggi zamozzog of zapuo' Xq aotiou taut `3t .to `zamouog Xq pauopuugg st Xizadozd 0 413I •anp imp azt sums all iou .10 z0141a4M fuatunzfsul ,Citznoas sup Xq paznoas sums agi of patiddg aq !tugs spaaoozd snoautuaastyl aqf `2untIm ut aaat astmlagfo .Iapua7 puu zamozzog ssalun `amen ut ssoI zo `uotionzfsap Tutxuf'Blizud 041 =jag Xiafutpauttut paznoas sums agi jo funotuu agf uagi ssai st amen ut ssoI .to `uotfonzisap Tuplui Iutizud agi mpg Xplutpatutut ,Cizadozd 041 3o anion faxzuut z1g3 agf gotgm U! Xizadozd agi 3o awn ut no! zo `uotionzfsap `2uptui Iutizud u Jo ivana agi uI •zama tog of mud aq Hugs aauureq Cud *anion ut ssoI zo `uotionzisap `2uplgf mind agi azojaq ,tlafgtpatutut Xpadozd agi jo anlun ia)putu ztuj agi (q) A paptntp anIgn ut ssoI zo `uotionzisap Tuplui 'mind alp azojaq ,Ciafutpatutut paznoas stuns agi Jo Iunotut pun agi (u) :uotiog.g 2utmotio3 agi tq patgdtilnut spaaoozd snoautipostyAI ag1jo funoure agf Xq paonpaz aq Hugs fuatunzfsul /Citznoas sup Xq paznaas sums agi `$utfUM ut aazag °s[nua zapua1 puu zamo.uog ssalun `anjgn ut ssoI .to `uotionzisap `2uplgf mind agi mpg Slafgtpatuuut ivaumzlsui Xitznoas sup ,Cq paznoas stuns agi 3o funotuu agf uagi lama .to oI !tuba st anIun ut ssoI 30 `uotfonzisap Tuniti miztd alp azojaq Xlaigtpauucut Xizadozd agi 3o anjtn minim ztuj 041 gotgM ut Xizadozd agi jo attlun u! SSOI .10 `uotionzisap iuti.tgd u jo ivana agi uI •zaMortog oI toyed Mug 3t `ssaoxa aqi gitM `anp uagi fou zo zagfagM `fuatuntisui Xfunoas sun ,iq paznoas stuns agi of patiddu aq Hugs spaaoozd snoauguaostlAI agf `iiizadozd agf 3o antun ut ssoI .10 `uotianzisap Tut)Iti pun u jo ivana agf uI •Z uotfoas ut zoJ paptnozd zapzo agf ut patiddg aq Hugs spaaoozd snoauutpostiN gong zamozzog 01 mud `Aug J! `ssaoxa agf gitM `anp uagi iou _to zagiagm `fuaumzisul ifitznaag sup A paznoas stuns 041 of middy aq Hugs spaaoozd snoauullaostyA! alp `pauassat aq ptnoM ,ifunoas s,zapua1 zo aigtsuaj iIMILLI0u000 fou st ztudaz .10 1.109gz01S01 0111 11 °spaaoozd snoauuHaostw tons uo sgutuzua zo Isazafut /CWU zannozzog ,Cud 01 paztnbaz aq iou !tugs zapua-I `spaaoozd snoautuaosm tons uo pled aq of isazafut saztnbaz mug atquotiddd zo Outfizm ut aputu st fuatuaaau ug ssalun •pafaldtuoo st )Izom agi sg sivauu1Cud ssaBozd jo sauas g ut _to Iuatuaszngstp 012uts g ut uotftzofsaz puu szttdaz a4I .toj ,Cud Xuuu zapuo' •Xiidtuozd ualufzapun aq Hugs uotioadsut tons iuti paptnozd `uotfogjstigs s,zapua'I of paialdutoo uaaq sgg 7Iz0M alp aznsua of i(1.Iadozd tons ioadsul 01 Xitunizoddo uu pug slit zapuag Hum spaaaozd snoauIIIaosm tons ping of 31.0 ati anug Hugs zapua7 `pouad uotigzoisaz pug ztudaz lions SuunQ •pauassal fou st /Citznoas s,zapua7 puu algtstai 1illgottuouooa st ztgdaz _to uotitzofsaz alp 3t `rii_tadozd ati 3o ztedaz .to uotigzofsaz of pattddu aq Hugs spaaooad snoaugllaOSITAI tonS `pa5uuttp st i(izadozd agi 3I •zapua7 01 mud aq Hugs puu of pau2tssu Xgazag 0111 spaaoozd snoaugllaostIAI IIV •alnitaiao3 :Spaaooad Snoaugllaostyi13o ivauuuatssy '1I 0&(i`7(iS0 554 Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co signers; Successors and Assigns Bound. Borrower covenants and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co -signs this Security Instrument but does not execute the Note (a "co- signer (a) is co- signing this Security Instrument only to mortgage, grant and convey the co- signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co- signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. There may be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. Page 9 of 13 Form 30513/99 Initials /O NOW .10 auo aq IgBiut osit ant!' •mug alquogddy pug `Iuatunxlsul Xli.tnoas sup `apoN all .lapun suogaligo 2uioinxas um' agaixotu Iagpo stu.loj .lad pug puatunxisul ,Ciunoas sill pug atom agi xapun anp spuatuXgd oipotxad s1 Imp Iaoin.las uuog„ all sg umotnl) Xlilua all ui auglo u ui ilnsax ales v •xamoa.tog of aotiou .toad pnoglim satuti axotu JO auo Nos aq ugo (luatunxlsul Xpunoas sup 4I[■ lamaVol) aloN asp u! Isaxapui muted u .10 glom aiJ •aauuna!J9 Jo a0110 4 :aa)in.taS ugo? Jo aunt° :aloN 3o aleS '0Z •gI uoi1Oas xapun uopuialaoou Jo asuo all ui Aiddg mu (lugs aiglsuiat 01 14.12il sill `.tanannold •pa.ian000 pug uoipu .lalaoOg ou 3i su aniloaJJa /CIIn3 uiguta1 hugs Xga.taq paxnoas suouggilgo puu luautnxlsul Xlunoas sill `Iamonog Xq Iuatualglsuial uodn •xajsuuul, spund oiuo.tloalg (p) .to S.iilua .10 Xiquluautn.ilsui `/Couau Igxapaj g Xq pa.insui axu siisodap asolm uotlnitlsut uu uodn umgxp s[ pap. Ions Aug papinoxd 'ratio s,Iaigsgo .10 vagO matnsuazl `Noago Slugq 'raw pagipxao (o) 'Iapxo ,Cauotu (q) 'goo (u) :xapuag (q paloalas sg 'suuoj 5utmo11o3 all 3o NOW .10 QUO ui sasuadxa pug stuns Iuatuamisuiai gons /Cud xamo.uog igtli a .ltnbax /iguz Iapuag •paguutpun anuiluoo hugs `luaunulsul Xiimoas sigi Xq paxnoas stuns agi iced 01 uoilatlgo s,xamo .l .log pug `ivatun.lpsuI /(lianas sup xapun slew pug Xi_iadoid all ui Isaxaput s,xapuag peel axnssu op axinbax Xiq uosuax Amu Iapuag su uoilog gons sa)Tup (p) pug `puatun .lpsul iClunoas sup xapun siq ix put Xlxadoxd all ut psa .lalui s,xapuag 2uiloaloxd 3o asodxnd alp Ioj paunoui saad Jagio pug `saa3 uoiluniun pug uouoadsui ,Clxadoxd `saaj ,s/Cau .loplg aiquuosuax '01 palituil Iou pnq ''uipnjoui `luatunxlsui Xltxnoas sup uioxoJua ui paxxnaui sasuadxa Ile &Cud (o) `sltatua0l5u xo spuguanoo xatllo /Cue Jo llntjap /Cue saxno (q) :paun000 pug toile .lalaoog ou 31 se glop aql puu ivatunxlsul i(lixnoas sup xapun anp aq mom uagl goigm stuns Ilu Iapuag &Cud (g) :Iamouog Imli axg suogipuoo asota 'Iuatunllsul Xiixnoas sill 2utOiolua Iuatupnr g 30 ,C.tlua (tit) 10 `.apgisutax 01 it12ix s,xamouog Jo uoilgutu0ai alp xoj ,C3toods ig2itu mug alquoilddy sg poixad xatllo gons (it) `Iuatunxisul iilunoas step ut pauimpuoo ales 3o xamod 4ug 01 Iugnsxnd Xpxadoxd asp 3o ales axojaq skup ang (i) :jo psaiuma alp 01 loud aunt /Cuu ig panuiluoOStp luauun.11sul ,ClunOas sill JO 1.21011190.102110 angl 02 101x alp angl Hugs .lamol .log `suoiltpuoo umixao slaatu xam0x10g jI •uoilu.ualaaOy .ally aluIsulag of I112RI s,aamo.uog '6I 'Iamo.uog uo puuutap xo aoilou xaglxn3 inogiim luatun.11suI klunoas sup Xq papinuxad saipatuax ,itm a)lonui /Cm xapuag `pouad sill Jo uoiig .lidxa alp 01 loud stuns asatll Cud of spj xamoaxog 3I 'luatunxlsul Xiixnoas sill liq pa .lnoas stuns Hu ked Isntu xamoIIog goigm utllim SI uoiloas giim aOUgp .loaou ui uani2 st aOipou alp amp all TUOIJ sleep 0£ Imp ssal Iou Jo poixad g apinoxd Hugs aoilou a41 •uouvaalaoOm JO aoilou xamox .log an15 hugs Iapuag `uoildo sup SOSIOIOXO Iapuag 3I •mug alggoilddy Cq paligigoxd sr asTOxaxa lions di Iapuag pasio .laxa aq lot hugs uoildo sup 'Jana/won •luatunxlsul '(punoas sill Xq paxnoas stuns Hu Jo HT ui luauz,igd algipauutui axmbal ,Curt xapuag `ivasuoo uallum .loud s,xapuarl Inotllim (pa uajsuuxi 10 plos si Iamol.log ui Isaxaiu! Igiogauaq g pug uosxad Igxnpgu g Iou Si xamoxxog 31 .lo) pa.uaJsug .11 xo plos si Xixadoxd agi u! 1saxal11t ,Cue 10 Xl.ladoxd agi 3o Ind Cu g 10 IIg 3I 'Iasggoxnd u of amp axnittJ.0 Ig Iamoxtog Xq app JO .laJsugxi all Si goigM JO lualui all luatuaaRg MOIOSO .10 logxpuoO sales luatullglsui 'pap 10J Iouxluoo 'pap 103 puoq g ui pax .laJsumxl slsaxalui Igiogauaq asogp '01 papttull lot Inq `Suipnloui `/Cpxadoxd aqI ui psaxalut Igiogauaq 10 Taal Xug amain Xi .lado .ld aqi ui isaxaiul„ '81 uopoas sill ui pasn Sy 'JaMoa.iog u► lsaxapul Iupgauag a a0 dpxadoad aql ;o aa;suual, '81 •puamnIIsul ,ti►moas sill Jo puu glom all 30 Xdoo auo uant5 aq hugs Iamo.uog ',CdoD s,xamo.lxog 'LI U0I1Og ,Cue alul 01 uotig2lgo /Cue lnoglim uotiaxosIp alos sanT2 „,Cuuu„ prom all (c) pug `VSJOA 031A pug !mid 042 apnloui pug teat. Hugs IulnOuis all ui spxom (Z) `Iapua auiulumj all Jo spxom 10 spIOm Ialnau &uipuodsa .lIoo apnloui puu uuaut hugs Iapua2 auHnosguz asp Jo sp .lom (I) :ivatunxlsul ,Ciixnoas sup ui pasn sy •uotstnoxd 211i3Oiljuoo ail mow/ maim uant5 aq ugo goilm apom atll 10 itatunxlstq i(lunoas sitl2 Jo suoisinoxd xaglo maim mu Hugs loilpoo lions mug alggoilddy giiM sloiguoo aTON alp 10 ivaunulsul 4xnOas milk) asnulo .10 uotstnoxd Aug iggi_ Juana all uI •louxluoo iq luamaa& Isutu2u uotiigiloxd g sg panxlsuoO aq lot Hugs aOUalts dons inq 'walls aq 11.12iw 2! .lo louxluoo Cq zoi u oI saiiiud all molls xo Xpioildxa Iqpitu mug alquoilddy vinyl algmotlddy jo suogequgi pug sluatuaxinbax Aug 01 IOO fgns axg luatunzpsul /Citxnoas sill ui pauigiuoo suoilailgo pug splpil Ily Tarot)! si ,C1.uadoxd alp goigm ut uoiloipsi .lnf am Jo mu! a4I pup mut Tg .lapaj Xq patuano2 aq Timis Iuauzn.usul iCpixnOas sig1, •uoilanalsuoD 3o saing :,fppiquianaS :mg-I 2uiuxano9 '91 66/£ ISO£ a J g ET .1 aged OS191.9NO osta changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change which will state the name and address of the new Loan Servicer, the address to which payments should be made and any other information RESPA requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer(s) 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: (1) "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; (2) "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or environmental protection; (3) `Environmental Cleanup" includes any response action, remedial action, or removal action, as defined in Environmental Law and (4) 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 (1) that is in violation of any Environmental Law, (2) which creates an Environmental Condition or (3) 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 (1) 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; (2) any Environmental Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and (3) any condition caused by the presence, use or release of a Hazardous Substance which adversely affects the value of the Property. If Borrower learns, or is notified by any governmental or regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. NON UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date the Page 11 of 13 556 Form 305/99 Initial/ 66/£ ISO£ wand 1a (IuaS) .IaMO.I°lOg- (IuaS) Jamoaaog- (IuaS) .Ianno.uog- (IuaS) 1 �5 £I Jo ZI 02 ed Og T VilnVj PT/ 'a 'IVAIOQ /r/ :sassaultM it Flinn papaooai put xamoxaog ,Cq palnaaxa aapu ,Cue u! pus luauingsul ,ilr.InoaS slip ui paumuoo slusuanoo put slum alp of saaafe pus sldaoou .Iamouog `MO'Igg O■INOIS AEI °2uluzo,CM jo song! uoildwaxa psaisauloq agi jo amain Xq put lapun slqpia lie saniem pus sasuala.I JamoUog •saanluM '17Z nne7 aigeogddy .Iapun paluuuad st aaj amp 2uiaasgo alp put paaapuax saalnxas Joj ,Cared p.ITgi e of pied si aaj alp dT ,Cluo inq ;uaurnzlsul ,Cllanoas sup 2uisuala1 .IOj aaj u JamoIOg a.iugo ,Cgw .Iapual °slsoo uoilepaooaa ,tuu ,Cud hugs aannonog °Iuawn.Ilsui 'CIl.moas sup aseaiaa hugs aapuarl `luauzn.usui ,Cltmoas sup ,Cq pa.moas sums lie jo ;uaul,Ced uodn •asuaiag '£Z •il o; pampa ,Clle2ai suosaad ao uosaad aq; of ssaaxa ,Cut (a) pus :Iuawnaisul d ;lamas mil RI paanaas scans Hu o; (q) 'saaj ,s,fauao;lt aigtuosuaa 'o; pa ;lwq ;ou ;nq '2ulpnioul `ales ay; to sasuadxa lie o; (e) :aapao 2ulntolloJ aq; ul pallddt aq !legs ails aq; jo spaaaoad aqy •airs ,Cue It ,f ;aadoad aq; astyaand ,Cew aau2isap sal ao aapuari •nnerl aignollddy ,fq paglaosaad aauuew ay; u► pios aq Hugs ,f ;aadoad aq; pug 'airs jo aol;ou ay; gslignd Heys aapuarl SI uol;aas ul papinoad aauugw aq; ul aannoaaog o; ales aq; 3o aopou 04 Buys aapuarl •Aneri algrallddd g ;inn aougpaoaat ut ';uaaa33lp 3! ',i;aadoad ay; 3o uolssassod ul uosaad aq; o; Hue aannoaaog o; asopaaoJ o; WOW! JO 939011 94 Ilegs aapuo 'ales jo aannod aq; salami! aapuari 3I •aauapina alnn jo s;SOO pug saaj ,s,fauao; ;r alquuosuaa 'o; pailwli ;ou ;nq tulpnlaul 'ZZ uol;aas slq; uT papinoad salpawaa ay; 2ulnsand ul paaanaul sasuadxa iig ;aatoa o; palil ;ua aq hugs aapuarl .Anal alquallddy ,fq pa;;iwaad salpawaa aaq ;o Sue pug ales jo aaMod ay; aMonul ,Sew pug punwap aag;anj mown ;uawna;sul £i!anaas siq; ,fq paanaas scans Hu jo Hui ut ;uaw,fed a;glpawwl aalnbaa ,few uol ;do sal ;g aapuarl'aal;ou ay; ul pa!laads a;tp ay; aaopaq ao uo paana ;ou sl ;Inejap aq; 31 ales put uolleaalaoan o; aannoaaog jo asuajap aaq ;o ,Cue ao ;ineJap a jo aaua;sixa -UOU aqi ;aassu o; uol ;an ;anon a 2ulaq of ;Op aqi pun uoligaalaaag as ;g a;e1sulaa o; ;Oa aq; jo aannoaaog wao]ul aaq ;anj Hugs aal;ou all •,f;aadoad aq; Jo ales pug Iuawnaisul £lunaas Rill ,Cq paanaas scans aq; jo uolitaalaaat u! ;insaa ,few aallou aq; ul patlaads am) aq; aaojaq ao uo ;ineJap aq; aana o; aanllej ;ryl (p) pun :paana aq ;mu ;in'Jap aq; galynn Sq 'aa,toaaog o; ua4 sl aal;ou oce o ticakitiO STATE OF WYOMING, L e r c, f hf The foregoing instrument was acknowledged before me this August 18, 2000 by DONALD E. BOTKIN and LAURA J. BOTKIN husband and wife, My Commission Expires: f c LAURIE McKEE NOTARY PUBLIC COUNTY OF STATE OF LINCOLN (''_1 WYOMING Page 13 of 13 County ss: 558 Form 3051 3/99 Initials:(' c 66/£ OL1£ wao3 OLI£osn £3o i o Iuawnalsul wao3!ua avIN aippaaj/agIQ a!uug3 HaURI AlIAK1 b a.LV,LSI.L'I(IW Xizadozd alp of aigeat[dde ,tpoq Igluautuzana Niue jo sluautaztnbaz pug suopuin2ai `saougutp10 `smgl ire !pm Xiduioo [legs zamozzog *amp ag1 oI &utltzm ul paazag spq iapuai ssa[un `uotlpogtssg[o 8u[uoz sit 10 ki dozd aq1 Jo asn alp ut aueto g MU' .10 of 00z5g `Maas log HMI .10M0.I.10g MV"I H aDNVI'IdL1IOD !A1ladO2Id do dsfl •S „-xlzadozd„ aqI SE Iuauznalsul Xlunoas alp pug zaptg Xltu m i I sup ut of pazzajaz azg (p]ogasgal a uo st luatunzlsul Slunoas ag; 3t aiglsa piogaspal agl zo) luaturuisul kItznoas agl ut paquosap 4.j.zadozd aq; Tim .zaglo of SutoSazoj alp jo iu`d Iuauinrlsul Xiunoas aqI Xq pazanoa kltadoid alp jo Ind a utgtuaz pug aq of patuaap aq pugs `ola.ragl suot ;tppg pug summon 8utpnlout `goulm jo tip 4 s2uuanoo .00lj pagoglig pug 2utlaugd `s1autggo `szoutut pagogilg `spot utgizno pug sutplmo `sapggs `sputlq 'swans `stoop awls `smoputm tuzolS `s8utume `szaktp 'mum `slesodsrp `szagsemgstp `szolezaujaz `sanols tam' 'miffs `slasolo mum `szalgaq zalgm `sgnl glgq `8utgtun[d `sniuzpddg !mum ssaoog pug XltInoas 'snlezgddg &utgstn &utlxa pug uotivanazd azg `It0tl pug ztg 'mum 'sg5 `Xltouloala `8utl000 Tullgaq 2utlnqulstp zo 2uti(uddns jo sasodznd alp zoj asogl `ol. paltuttl lou inq `2utpnjout `Xizadozd alp gitm uotloauuoa 111 pasn aq of papualui zo `pasn zo `uo `u[ palgool zalJeazag 10 mou z0n30sig4M a.mlgu X.Tana jo spoo8 pup saougtldde `siguaiput 2utpitnq :luauuulsui Xlunoas aqI pazanoo Xlzadozd alp alnitlsuoo oslg pugs pug `uotlduosap lzadozd alp 01 poppy ate saznlxg ate /aq1 luaixa alp 01 ,(ltadozd alp oI pagoruu zaggazag .10 mou smolt 2utmollo3 alp `luatunzisul /ilunoas a'I1 ut paquosap iiizadozd alp 01 uotltppe A1RIII33S IH.L OZ .133f/If1S A1UIddOld 'IVNOI.LIQQV •V :smolioj sg aaau pug luguanoo zagun3 zapua pug.amo.uog `luauttulsui *mo0S alp ut apgtu sluatuaaae pug sluguanoo 0t 01 uotltppg uI 'SINVNaAOO AlIIATVd VV [ssa.ippy ,Cpadoid] 921£8 ONIIA]OAM `.1.0011IS TIV3 088 :1g palgool pug IuatunIlsul /Ciunoas agl ut paquasap Xizadozd aql 8uuanoo pug algp auugs 041 jo 041) NOI.LV2IO0IOD d9v9.1.nI011I aHDVO of a10N s,zamozzog aznoas of („zamouog„ am) paatszapun aqi Xq uant8 algp atugs aqI jo Xiunoas„ alp) !mu kItznoas zo Ism" jo paau `a8g211oyq aqi luatuaiddns pug puatug 01 pamaap aq pugs pug olut palezodzoout st pug `0002 `lsOnV Jo /Cep gl81 SR apgut st 2IgQRI A'IIL(idd t7 SIH.L (small jo luatuu8lssd) 2I�QI2I A'HIA W3 V 6 zapzp Zf1£SIIOOZI ugo7 OS6 7680 C. SUBORDINATE LIENS. Except as permitted by federal law, Borrower shall not allow any lien inferior to the Security Instrument to be perfected against the Property without Lender's prior written permission. D. RENT LOSS INSURANCE. Borrower shall maintain insurance against rent loss in addition to the other hazards for which insurance is required by Section 5. E. "BORROWER'S RIGHT TO REINSTATE" DELETED. Section 19 is deleted. F. BORROWER'S OCCUPANCY. Unless Lender and Borrower otherwise agree in writing, Section 6 concerning Borrower's occupancy of the Property is deleted. G. ASSIGNMENT OF LEASES. Upon Lender's request after default, Borrower shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, Lender shall have the right to modify, extend or terminate the existing leases and to execute new leases, in Lender's sole discretion. As used in this paragraph G, the word "lease" shall mean "sublease" if the Security Instrument is on a leasehold. H. ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER; LENDER IN POSSESSION. Borrower absolutely and unconditionally assigns and transfers to Lender all the rents and revenues "Rents of the Property, regardless of to whom the Rents of the Property are payable: Borrower authorizes Lender or Lender's agents to collect the Rents, and agrees that each tenant of the Property shall pay the Rents to Lender or Lender's agents. However, Borrower shall receive the Rents until (i) Lender has given Borrower notice of default pursuant to Section 22 of the Security Instrument and (ii) Lender has given notice to the tenant(s) that the Rents are to be paid to Lender or Lender's agent. This assignment of Rents constitutes an absolute assignment and not an assignment for additional security only. If Lender gives notice of default to Borrower: (i) all Rents received by Borrower shall be held by Borrower as trustee for the benefit of Lender only, to be applied to the sums secured by the Security Instrument; (ii) Lender shall be entitled to collect and receive all of the Rents of the Property; (iii) Borrower agrees that each tenant of the Property shall pay all Rents due and unpaid to Lender or Lender's agents upon Lender's written demand to the tenant; (iv) unless applicable law provides otherwise, all Rents collected by Lender or Lender's agents shall be applied first to the costs of taking control of and managing the Property and collecting the Rents, including, but not limited to, attorneys' fees, receiver's fees, premiums on receiver's bonds, repair and maintenance costs, insurance premiums, taxes, assessments and other charges on the Property, and then to the sums secured by the Security Instrument; (v) Lender, Lender's agents or any judicially appointed receiver shall be liable to account for only those Rents actually received; and (vi) Lender shall be entitled to have a receiver appointed to take possession of and manage the Property and collect the Rents and profits derived from the Property without any showing as to the inadequacy of the Property as security. If the Rents of the Property are not sufficient to cover the costs of taking control of and managing the Property and of collecting the Rents any funds expended by Lender for such purposes shall become indebtedness of Borrower to Lender secured by the Security Instrument pursuant to Section 9. Page 2 of 3 560 Form 3170 3/99 Initials�?./() 66 OLI£ m- aaMOaaOg- (IeaS) £3 aud aaMO.LIOg- 13M0.1.10g- (teas) (ItoS) J M0.u0g- (IeaS) LLOI 1 arIVMOU l 'aaPRl �illzle3 v -I sup ui paint ;too suolsln0ad put stun; am o; saaa& put s ;daoot 1 M011og `MO'Igg DNINDIS 1kg ;uauln.I ;sul 1 ;tanoaS am ,(q pawtuuad salpautaa aq; 30 /Cuu °Montt /cum .Iapuarl pue ;uatma ;sul X ;panoag aq; aapun gouaiq a aq hugs ;saga ;ul uu szg aapuarl golgM ul ;uatuaaaSu 10 a ;ou /Cut .Iapun gouaaq aO ;inuJap s,JaMO.uog •NOISIAO2Id ,L1f1V,I U "I •11n3 ul plod ant ;uauma ;sul ,C;Ianoag amt iq pains sums am IIu uagM a ;euluua; (lugs Xuadoad am Jo small jo ;uauzalssu slq j •aapuarl Jo Apautaa ao 1.1151a a0q 10 /Cue a ;eplienul a0 ;Inujap /Sue anleM a0 nano Iou hugs small jo uopeoliddu ICuy •san000 ;Inujap u uagM auil; ,iue ;u os op /Cam `aanlaoaa pa ;ulodde icIlutotpnf a JO s ;ua& s,aapuaq ao `aapuarl `aanaMOl4 •aaMOUog o; ;Inepap jo aol ;ou 51.1!Al2 1013e .10 aaojaq iciiadoad am ule ;uluuz JO 3o ton ;too ante; `uodn as ;ua o; pa.nnbaa aq ;ou pugs `aantaoaa pa ;ulodde Xitulolpnf u ao swag s,aapuarl JO `aapua'l •gdea&aed sup aapun slg2la S }l 2ulsloaaxa map aapuarl ;uanaad pinoM Imp log rtut tuO3aad ;ou II ?M put pauuojaad ;ou sag put small am Jo ;uaulualssu loud /iuu pa ;noaxa ;ou se!! aaM0.u0H ;uq; S ;ueaauM put s ;uasaadaa aaMOUog 1 OS9 .e O SUUIHWES1 11ILE CO. Fax :1 307- 877 -9602 Jul 13 '00 13:58 P.01/01 9'' exp 562 ALTA COMMITMENT 1982 WY Commitment No.: FA 7054 OM The land referred to in this commitment is situated in the State of Wyoming, County of Lincoln, and is described as follows: Lot 1 of the Call Subdivision, Lincoln County, Wyoming as described on the official plat thereof. Part of Lot 2 of the Call subdivision, Lincoln County, Wyoming, said part being that part of Lot 2 lying and being situate Northerly of the following described existing fence line: Beginning at a marker on the Westerly line of Lot 3 of the Call Subdivision, N 07 °51.4' E, 42.90 feet from the Westerly most corner of said Lot 3, said marker also being on the West boundary line of Call. Lane ,of said Subdivision; and running thence N 52 °28.8' W, 56.50 feet to a 3/8 12" steel spike set in a fence corner post; thence N 72 °12.9' W, 63.22 feet to a 3/8" x 12" steel spike set in a fence corner post; thence S 86 °16.6' W, 148.27 feet to a marker; thence S 78 °30.4' W, 30,20 feet to a marker on the West line of said Lot 2 to the point of beginning. S CHEDULE C