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Home My WebLink About86709501013624 RELEASE /2) k This Mort gage E QfiOLL ,t' MO1TIASES P Return To: U.S. Bank, National Association 3000 Leadenhall Road Mount Laurel, NJ 08054 Prepared By: Bryant Feld, U.S. Bank, National Association 3000 Leadenhall Road Mount Laurel, NJ 08054 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 July together with all Riders to this document. (B) "Borrower" is RIMBOIX JODI ELF A SINGLE WOMAN and DANIEL ADAMS, A SINGLE MAN Borrower is the mortgagor under this Security Instrument. (C) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the mortgagee under this Security Instrument. MERS is organized and existing under the laws of Delaware, and has an address and telephone of P.O. Box 2026, Flint, MI 48501 -2026, tel. (888) 679 -MERS. WYOMING Single Family- FNMA /FHLMC UNIFORM INSTRUMENT WITH MERS Form 3051 3/99 6A(WY) (9905) Page 1 of 15 Initials: VMP MORTGAGE FORMS (800)521 -7291 if i 'ibis Mart gage L OE !arms 867095 [Space Above This Line For Recording Data] MORTGAGE Pit RECEIVED r i NCO' N C:0111'1 'v C! 00 JUL 20 Ai I 28 JEANNtM ::,L i ER KEMMERER. WYOMING BOOK 449PR PAGE._ 01 8 MIN 100020000123478525.0000 19th 2000 ,14;d; -411 PA't4'PP.PPd' {C` G'! 1 4 111V4'4 7 4 <iti (D) "Lender" is U. S. Bank, National Association Lender is a Organization organized and existing under the laws of The United States of America Lender's address is 3000 Leadenhall Road Mount Laurel, NJ 08054 (E) "Note" means the promissory note signed by Borrower and dated July 20th, 2000 The Note states that Borrower owes Lender One Hundred Thirty Two Thousand Fifty Dollars and Zero Cents Dollars (U .S. 132, 050.00 plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than August lst, 2030 (F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (II) "Riders" means all riders to this Security Instrument that are executed by Borrower. The following riders are to be executed by Borrower [check box as applicable]: Lx_ Adjustable Rate Rider Balloon Rider VA Rider 6A(WY) )9905) Condominium Rider Planned Unit Development Rider Biweekly Payment Rider Page 2 of 15 0367095 Second Home Rider 1 -4 Family Rider Other(s) [specify] Initials: 019 (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non appealable judicial opinions. (J) "Community Association Dues, Fees and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" mean those items that are described in Section 3. (M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for (i) damage to, or destruction of, the Property, (ii) condemnation or other taking of all or any part of the Property, (iii) conveyance in lieu of condemnation or (iv) misrepresentations of, or omissions as to, the value and /or condition of the Property. (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (0) "Periodic Payment" means the regularly scheduled amount due for (1) principal and interest under the Note, plus (2) any amounts under Section 3 of this Security Instrument. (P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. Form 3051 3/99 020 66/£ L90£ WJoj 9 L 40 E eBed (9066) (AM)V9- Auadoid Igat 5uuanoo luau n isu] A1unoas uuopun a alnlpsuoo of uotlotpsun[ Aq suogetten pawn!! tipm sluguanoo w.toj]un -uou pug asn Ieuopuu 10J slueuanoo uuoJ►un sautquioo .LN3IVIf12I.LSNI A.LRIfJ [S SIH.L •p1oow jo saouuigwnoua ,Cue 01 loa[gns `spuuwap pug suqup Iie iswau Auadoid all of app a AliwauaS puaiap !pm pue s1 muum .tamo.uog •piooai jo saouuNumoua .1o3 ldaoxa `pa.lagwnouaun st ,Ci.ladoad aq1 legs pug Auadoid all Aanuoo pug 1uul2 `35e2i-1ow o1 1112p all set! pug pa/Ca /moo Aga.tal alma aqi 3o pastas AlinJmei s! .1amonog Imp SINVNgAOJ 2I3MO2I2IOg ivawn usui A}unoas sup 2uiiaoueo pue ;Iuisea]a.z `01 mum! m! lou inq `2uipnput lapuari Jo paunbai uouoe Aue aaiel 01 pue `Auadold all Has pug asoioaioj 01 1q 2u am `01 mull!! lou lug `Butpnpui `sisataw! asogl jo Hu Jo Aug astoiaxa o1 :1112u all set! (su;Iisse puu siossaoons s,aapuai puu iapua7 .to3 aauiutou se) sugyv `woisno JO Mei Mph Aidwoo 01 Azessaoau 31 `lnq luauznalsui A1unoas sill ui nM0.110g Aq palum5 sisaxalui all 01 ai1!1 ie;Iai Aiuo smog s i ii i legl saaau pug spuelsiapun iamonog „•AlaadoJd„ aq1 se wawn.usui A1unoaS sup ut 01 panajai Si 5u!O2aJo3 all Jo Iid •ivawn-gsui Ali.lnoas sup Aq pa.lanoo aq OSie Begs suoiitppe pug sluawaoeidai Hy •AuadoJd ag1 3o i.1ed a ialjea.laq .to mou sainlxtj pug `saouguaundde `sivawasua Iie pug `Auadoid all uo papaw .iaijuaiaq Jo Mou sluawan0.tdwi alp He „ssalppd Auado.td [apoD d!Z] 8 ZT 8 utwoAM ['JD] ZNIdrrif [10211S] HmOs 68 AVMHDIH 69STT Jo ssaippu all oil Apuanno ga!gm :.lagwnN uI pond •sasiurazd pagzaosep anoge aqq ;o aoTad asegoznd aqq aznoas og uantB abebgaoui dauau asegoznd Butaq sTuq IggTMazaq ATsnoeuegTnurrs papzooax 5uraq peep Aq uTazaq szobebgzout am oq paAanuoo sesTmead aides am. 5uiag ;oazagq gzed a apeur pue ogazaq pagoegge uoTgdi.xosep TebaT a Aq pagTaosap ATaeTnoTgzed azotu 5uiag [uoun!psunf 8u!plooag ;o =IN] [uouolpsunf 8u!pionag ;o adAZ] JO all ui paleoo] Auadoid paquosap &u]moiio3 all `aces jo Jamod tilt/ `sumw jo su2tssg pue siossaoons ag1 01 pue (su2tssu pug siossaoons s,.lapuaZ pug Japua-i aoJ aautwou sr 'Clams) S 13IAI 01 APAUO3 pug 1uu12 `a5u2uoul Agalaq swop .1am0J1og `asodtnd sup Joq •310N all pug luawn.11su[ AlunoaS sill 1apun sluawaaJ5u pue slueuanoa s,iaMO11Og Jo aougw.io3.lad aql (q) pue `aloN all Jo suopeot31pow pug suo]sualxa `siemauai He pue `ueo-i all Jo 1uaWAedaI all (e) :iapua-I 01 samoas luaturuisui A1t.lnoas sue A L2Idd02Id 3H1 NI S,LHJIN AO 2IdISNV2LL •luawnusui AlunoaS sill .10 /pue a10N aT 1 Japun suonatigo s,taMonog pawnsse seq A1.1ed tglt 1ou .10 lallalm `AUadoid am 01 app ualel seq n qi Auvd Aug smut „ian%o.l.log Io 1sa.lalui u! .lossaoons„ (0) X601.,90 HJ,IM 2IHHJ 2OO.L 0867095 021 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 C.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 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 6A(WY) (9905) Page 4 of 16 Initials: orm 3051 3/99 66 /E 1.90E W1OA 7z 0 SIGn49S() 9l to 9 aged (9066) (AM)V9 ag1 5ut,C31luapt aotpou a 1amo11og anti Sew tapuarl `1uauin.zlsul iCumoaS stgl xano Sluoud uteue uuo gotgm uaq a 01 loaCgns st Xuadotd aqi jo lied ,Cue legs sautwlalap xapua-1 dt °luawn.usul ,C1r.inoas stgi 01 uatl aqD Suueutp ogns lapuarl 01 iitoloejsnes Duawaaae ug uail alp jo xapioq alp wag samoas (o) io `papnpuoo axe autpaaoold qons 'pun /quo mg iutpuad axe sSulpaaoold °sow atwm uat( Pip jo luawaolo aqi luanald of apelado uotutdo s,lapua°l u1 gotgm auipaaooxd (eta[ `ut uaq all J0 luawaotojua isutae spuapap to `,Cg glle3 pooh ut uati all slsaluo0 (q) `luawaaAr qons Wutwtopad si xamoxlog se uol os S(uo 1nq `lapuarl 01 algeidaooe xauueui g ut u011 aq1 Sq pamoas uolpatlgo all jo luau /cud aqi o1 5utluM ut saaJ2u (e) :1amoUog ssalun 1uaw1ulsul ICiunoas stgi xano ,Cpuoud seq gotgm uat( Rue alegostp Slldwold Hulls tamo°uog uonoas LIT paptnold xauuew alp w wall iced Hugs tamollog `su1311 molosg axe await asap my 1Ua1xa aqi 01, °Xue 3t `sivawssassy pue `saag `sang uouetoossy Situnwwoj pue `,Cue 3t `,Clladotd aL!1 uo slum punox;l 10 sivawSed plogaseal luawtulsut Slunoas sup lano iCluoud uteue ueo gotgm Suadotd all o1 a(gelnquue suoutsodwt pue `sautj `saaxego `sluawssasse `saxes lye Red 11egs 13M0110g sun :sa nt° •p •lapua-1 ,iq plat spung ICue tamoxtog o1 puma' Xiidwoxd yetis Japua°1 `1uawlulsul IClunoas sup iCq paxnoas awns iie 3o IIn3 ut 1uawXed uodn sivawiCed S(lluow an(aMl' ugly Plow ou u1 inq `ydsgg gltm aouepl000e ut Souato ap alp dn alew o1 Siussaoau lunowe aq1 xapual o1 /Cud gets nM01.10g pug `ydS32I paxtnbal sg xamollog ,C;uou pegs tapuai `VdSd3l lapun pautpap se 'mama u1 plaq spung jo Souapt3ap a st axagl 3t •sluawied ii(gluow anlaml uggl atow ou ui 1 nq `VdS ll lltm aouepl000e ut afellogs aqi dn alum 01 kxess punowe ag1 tapuai of pied Huts tamolxog pug `ydSgll Sq paltnbal se 1amolxog Sjtpou Bets xapuarl `ydSg 1 lapun pauipp se `M013s0 ut plat spung F lo aWellogs a st amp dI VdS3 I gum aougpx000e ut spunj ssaoxa a111 10j .1 M0110g 01 lun000u huts xapuarl `VdS3 I lapun pautjap se 'mama ut plat spung Jo snldxns a st axagl 3t °VdSLH iq paltnbat se spung alp jo Wutlun000e lgnuue ue `aalego lnolltm `aamolxog 01 anti Begs lapunt spunj agl uo pled aq hugs Isatalu! Imp `lanamoq `futlum ut aaag ueo lapuaq pug xamollog •spung aq1 uo autulea 10 1sa1a1ut Slue 1amo11og iced 01 paxtnbax aq 1ou ijegs xapuant `spung alp uo pled aq o1 Isatalu! salmbal me-1 algeotlddy 10 2utiunn ut apew st luawaaae ue ssalun °a5xego u qons avw 01 lapuai sltwxad algeotlddy pug spung all uo lsalalut xamolxog sSed lapua-1 ssalun `swan molosg aq1 ;hut uan 10 `lun000u M010Sa alp Wutz,Cleue St(enuut `spung my 5ut,(Idde pug Vutploq 10j 10mottog aSxego you quits xapuarl °ydsau xapun pagpads amp aq1 ugg11a1e1 ou swap molosg a /Cud 01 spung ail A(dde Hugs lapua•°l •)pJ ueo-1 awoH Iexapag Suu ut 10 (patnsut os aje sltsodap asogm uoun ue st tapuarl j! `lapuarl 2utpnput) )(lima 10 `ii1t(eluawn11su1 `Souae imam a painsut ale sitsodap asogm uotlnitlsut ue u1 plat aq huts spung aqi Mg'l a lgeotlddy gltm aougpt000g ut astmlaglo 10 swan moxasg alnlnj to salnitpuadxa 3o sapewtlsa algeuoseal pue elep Dual no 3o stseq all uo anp spung jo lunowe aq1 alewusa pegs lapua't •ydsult lapin altnbal ueo lapual a lunowe wnwtxew aq1 paaoxa o1 you (Z) pug VdS 1 1 lapin pagtoads awtp alt 1e spung alp Stddu of tapua1 itttuad 01 1uaIOgJns (I) lunowe ue ut spung plot pug loal(oo 'my ,Cue 1e 'Amu tapuai uouoas stgl xapun patmbai uagl ale Imp `slunowe gons ut pue `spung llg tapua-I 01 /Cud huts 1amo11og `uolleoonat tons uodn `pug SI uotloaS gltm aouup1000e ut uant2 a3p011 a ,Cq awtl ,Cue 1e swan molosg HE 10 /WE 01 se tanteM alp aal0n31 Amu xapua °lunowe qons Aue lapua-1 01 Aed01 01 6 uotloaS lapin pa1011go aq uaLi1 huts 1amo11og pug lunowe gons 1(d pug 6 uotloaS lapin s1q41 s1! asplaxa Sum tapua't `watt Molosg ue toj anp lunowg aqt fed 01 s(tgj 1amo11og pug `lantern a 01 luensxnd 'Siloam) swap M01383 Ad 01 palOt(go st 10m011011 11 •6 U01130s ut pasn st „1uaw0012E pug lueuanoo„ aselgd at 1 se lua ufli sus iCltlnoas stgl at pauteluoo luawaaae pug lueuanoo a aq 01 pawaap aq sasodtnd (Ie 1o3 Ifegs sldtaoal aptnoxd of pug sluawSed gons avw o1 uoui qqo s,xamonog •altnbal Sew lapua-I se pouad awl Lions utLiltM 1uaw1(ed tons utouaptna sldtaoal lapuarl 01 gstulnl (legs `sagnbat xapua ji `pug lapua-1 Xq pantem uaaq seq spung jo 1uawSud g0t1m 1oj swap molosg 'Cue 10 anp 6A(WY) (9905) 086'7095 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 and /or as an additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums 'and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and /or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusters, or other third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible or Lender's security would be lessened, the insurance proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with Page 6 of 15 Initials: 02,3 Form 3051 3/99 661£ 690£ WJU j p 51 to L acted V ale iiu� 150661 (AM)d9-0) alguuosuai 2u[Red put `lino uI Suugadde (z) `luamnilsul Ritrnoas stgl iano R1Iio!id suq golgm uaq g Rq painoas stuns Aug Supcud (I) `ol pauw!1 1ou aiu lug `apn(ou( uuo suoilou s,iapua-1 •Rlradord aql S uutudai io /puu Stomas pug `Rliadoid alp jo awn 0 p Suissassu Jo /pug 2U1loaloid Sulpn(oui luautnilsul '3tinoas sup iapun slgkri pug ilradoid aqi Li! Isaralui s,iapuai laaloid 01 algiidoiddu JO a(gguosuai s1 lanaiggm io3 Red pug op igw rapual uagl Ruadoid aql pauopuuqu sgq iamoiiog (E) io `(suopu100i 10 smu( a)ioJua 01 io 1uaulnilsul Rltinaas sigl 1OAO R1(roud u(eue Runt gaigM tail u jo luawaorojua ro3 `0inuapo3 io uopuuulapuoa io3 `alugoid `ioldnniugq u! Sutpaaooid g se lions) luatunilsui Rulrioas s1gi iapun slgSt1 ro /puu Ruado1d agi uI Isamu! s,iapuarl 1oa33g i(lugogtuSls 1g2►u1 legs SuiPaaooid Oa! g sI 010141 (z) `1uautulsul iurnoas slgl ut pautuluoo SluawaO1Se pug Slueuanoo aq1 tuiopad of s(Ig3 iamoiiog (t) 3I •luawna;sui i;lan3as slq; aapun s;g2111 pun i;aadoad aq; ul ;saga ;ui s,aapuari Jo uo!pa;oad •6 °a3uaptsal (udiouud s,ramoilog su Rliadoid aq1 jo R3ugdnzo s,lamonog Sumiaotoo suouuluasaidai `01 pauuli iou aiu lug `apn(out suouuluasaidai (guaniAl °U 0Z aq1 qum uolloauuo3 ti (uopgw1oJul Iutialetu g11M rapua-i apinoid 01 pa(lu3 ro) rapual 01 sluatualuls ro uollgwioJul aluinouul 10 `SuTIMOISiw `asig3 Rlleiialutu angS luasuoa 10 aSpaimou)I 5,i0M0110g iUM 10 10m0110g JO uopoailp aq1 le 5u(1ou saullua 10 suosiad Aug .10 iaM0110g `ssaooid uotle3gddu uuoi aq1 Sutinp `3t 1(ngpap uI aq I(ggs iaMoiiog •uol;nauddd unoq s,aaMOaaog •9 •asnu3 alquuosuai lions SupC31oads uojloadsul ioualul uu lions 01 iolid so 3o amp ow w aouou iaMoiiog aAiS HMIS iapuarl •Rliadoid aql uo sluawanoidwl ag1jo iolialul a i1 loadsul Ruw 1apual `asnuo alquuosuai sug 1! 3I 'Rliadoid am 3o suoU3adsut puu uodn saulua alquuosuai alum Ruut 1uaSu su 10 iapuarl °uo11g1o1sa1 JO iigdai lions 3o uopa(dwoo aq1 103 uoilaggo s,1amoriog 3o panai(ai 1ou sl iamoiiog `Rlrado1d at 1 aioisa! .10 iiedai 01 luat3TJns lot are spaa3oid uopuuwapuoo 10 aouginsul 011131 •pala(dwoo si )(ioM 3Li1 se sluawRud ssa1Sord 3o sauas g u( ro luawied a(Su(s a u( uo(iuioisai pug uncial atp roj spaa3oid asingstp Rew sapua1 •sasodind gins io3 spaa3oid pomp.' suq rapua7 3l R(uo Rliadoid alp Suuolsal io Suuigdar io3 algisuodsai aq Hugs iamoiiog Ruadoid 0111 `3o Sunlgl 0111 so `01 aSgwgp grim uolloauuo3 ui mud an spaa3oid uopuuwapuoo 10 a3Uginsut 3( •a2gwgp io to(luiolralap iaglin3 prone 01 paSuwep 3I R1ladord 0111 uuda1 R(idword hugs iamoiiog `a(q(sua3 Ainolmouooa 1ou sI uollgiolsar 10 nodal 1141(1 S uo113as 01 lugnsrnd pau(wialap st 1! ssa(un •uoilipuo3 511 01 anp anion u( 2uisear3ap JO Supe1O(ralap 111013 Alladoid aq1 luanaid o1 1ap10 ui ,illadoid aq1 U1 1utgw HMIS iaMO1IOR Rliadoid 0141 ui guipisar si iaMoiiog lot 10 raglagM •Rliadoid 0111 uo mom ultimo 10 ale1olralap 01 Rliadoid 0141 moue `Rliadoid aq1 rledm! 10 3 1lUI p `Rorlsap lot (lugs iaMoiiog •suol33adsui :Rluuadoad ati; Jo uol;oa;oad pun a3unua;ulny%I 'uol ;nnaasaid •L •(orluo3 s,1amoiiog puoiaq 31E gown lslxa sa3ue1swnllo 2ullgnu3lxa ssa(un 10 `p(a1g11m R(quuosuaiun act 1011 Hugs luasuoa g3igM `5w11iM u( saa1Se aSIM1aglo iapuarl ssa(un `Rougdn000 3o 31?p 0141 131311 real( auo loaf 114 103 aouapisai (gdloulid S,i3MOiiog sg Rliadoid alp Rdno30 01 anu11u03 Hegs puu luawn1SUI Rllinas sup 3o uoiln3axa alp ra13e scup R1xls uiguM aOtaplsar (gdi3uud s,iamoiiog su Ruadoid a u asn pug `gsi(qulsa `Rdnoo Hugs iaMoiiog •Raundnaa0 •9 anp uaLi1 lot 10 lagla4M `luamnrISUI Ru1nas sup 10 aION alp iapun pndun siunowu Rgd 01 10 Rliadoid aq1 0101501 10 iiedal of 1014110 spaa3old a3uginsul 01(1 asn Rem iapun °Rliadoid alp jo aSe1ano3 aql 01 a(gg3l(ddu an 511((1 lions su 1gJosul Rliadoid alp 2u(10A03 satol(od a3uuInsu! ((g iapun (iamoiiog Rq pled swnlwaid pauie0un jo puma" Rug 01 1g2(1 0111 uegl 101410) S1gSti s,iamoirog 30 iawlo Ruu (z) puu luatunilsu( Riun3as 5(141 10 a10N 01(1 iapun piedun siunomu alp paa3xa 01 lot lunotuu ue ui spaa3oid a3ugrnsul Rug 01 s1g2lr S 10M0110g (I) iapUarl 01 suS(ssg Rgaiaq iaMoiiog `asTMiatpo JO zZ uopoas iapun Rliadoid 3141 saiinbou rapuarl 3l 10 `1t0na 1aqua 111 •uan1S SI aollou alp uagM u1Saq (IIM poliad RuP OE aQL •wte(o 01(1 alms puu algpoSau Rum iapuar( tali( `mlu(o u 0(1105 01 paia33o suq i0t11u3 aouuinsu! alp mil 13U0 wag 0013011 u 01 SRup p£ uiquM puodsai lot saop iamoiiog 31 'mum palu(ai pug w1e(o a3uginsui a(ge(iunu Ruu alllas puu alutlo8au `a(13 Rem iapua1 `Rliadoid alp suopuuqu iamoiiog 3I Z 110I130S 111 103 papinoid raplo aq1 ut pal(ddu aq Hugs spaaooid aouurnsu! Lions 1aMOriog 01 pled `Ruu 3l `5500x0 0141 P20 560L9S0 025 0867095 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 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 the 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. 11. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned to and shall be paid to Lender. If the Property is damaged, such Miscellaneous Proceeds 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 Miscellaneous 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 pay for the repairs and restoration in a single disbursement 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 Miscellaneous Proceeds, Lender shall not be required to pay Borrower any interest or earnings on such Miscellaneous Proceeds. If the restoration or repair is not economically feasible or Lender's security would be lessened, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument, 6A(WY) 19905! Page 8of15 Initials: Form 3051 3/99 661E 150E WJoJ ic 9E0 :51BOaN1 91 !0 6 °Bed 19066) (AM)V9- s1141 SutuSts -oo si (e) „1auSts -oo„ e) altoNt alp alnoaxa lot swop 1nq luauutulsut 'C1tlnoas sill suSts -op 01M JOmO1i0a ,Cue `10n0m0H °jetanas pue lutof aq jugs Sitjggeij pue suotieSl1go s,1aM011og Wg1 saaiSo pue Slue1.13n03 Jamo.uog •punog suSissy put; saossaaans :s.tauSts -op :S;titgeti jeJanas pue lulu f •EI •,Cpatua.t ,Cue jo astatax0 aqi apntoaid ao 30 10n4EM a aq iou tte14s `anp uagi iunotue aqi um() ssat siunoun 111 10 1aMo11og jo 1salafut ui siossaoons 10 satipua `suoslad p.ngl tuo13 sluatuSEd jo aoueldaoOe s,lapual `uotieitwgj inottitm `Sutpnjout Spam.' 10 1t1 1 ,Cue auistataxa ui lapua- ,Cq aoueleaglo3 Auy °iaMO.t.tog 30 1sai iut ut slossaoons Sue 10 10mo11og teutSuo 0141 Sq apeut pueutap Cue jo uoseal Sq luauunllsut ,Sllinoas sttp Rq palnoas stuns aqi jo uoilezpiotue /C3tpotu as1M1a1410 10 luautiSed 1o3 amp puaixa of 0snja1 o1 so Jamoiiog jo isalafuj ui lossaoons Cue isutRSR sSulpaao0ld aouatutU0O of pa.nnbai aq 1011 Hugs .tapua-t •1amOf0g jo lsasalut ui siossaoons Cue 1O 10MOJ1og JO ,Cigjggeij 0141 amp.' 01 alelado 1011 Hurls 10M011og 3 lsolaiut ut lossaoons Attu 10 1aMO11og 01 .tapua1 palueJ2 luawnJlsui Alunoos scgl Rq pampas stuns alp jo uonezil.totue jo uoi1eor31pout 10 luawAud 103 auto 0141 10 Uotsualxg •aanteM a JON aapuaj Sit aaue.ueagao3 Epaseatag ;oft J A%Oaaog •Zi •Z uotloas ut 103 paPtnold .uapuo alp ut paiidde aq Hugs iCuadoud aqi 30 11eda1 .to uotleaolsa.0 01 patldde mu aJe 11141 spaaoold snoauettaosm UV •lapual 01 pled aq Hugs pue pauStsse SSg01ag ale 4110d01d 0141 ut isatafut s,lapua- jo fuatunedtui mil 01 ajgeinglulie aie 1¢ sup 103 tutejo .uo p11Me Niue jo spaaoold aqd, luatutuisuj Slllnoas st141 lapun s11j t1 10 /C11ad01d alp ut lsalalui s,lapual 30 luatulteduti mtlaletu 1a1f0 10 IC11adotd ag1 3o a.mlta3.to; sapntoald `ivaw2pnf s,.tapual 111 `iegl Sugtu a glim passttwsip aq o1 Suipaaooid 10 110110P. 0111 gulsneo Sq `61 wagon ut papt/to.ud Se 01e1SUIa1 `pailn000 Teti uotlelataoOW 11 `pue itnejap a tons amp ueo 1amo110g ltaeunl /ltlnOas stgl lapun su.1 1 10 i(11adoJd 0141 ut 1sa1a1ui s 1O luautltedtug jetlalgIU Jag10 10 iC11ado1d 0141 3o alnitajlo ut l(nsat pinoo `lua1U4nf 5,lapua7 111 `1¢141 unSaq s1 `jeuttutUO 1O iingo Ja141a14M `Sutpaaoold 10 uotwE Cue 3t tjnejap ut aq [its 11M011053 spaaoold snoauejjaosm 01 pir2a1 111 uopou 30 1i211 a seq 1aMO11og IUOIM lsuge5E Sped aqi 10 spaaoold snOauejjaosm 1amo110g saMO imp Cued pltgi 0141 sueaw „iS11ed Sugsoddo„ °anp ua141 1011 10 laglatiM luatutulsul ,C111noas palnoas stuns 0141 01 10 S11ado1d atji 3o pedal .10 uOtte1o1sa1 01 1a141ta spaaoold Sn0auejjaOSt A aq1 Sidde pue loatjoo o1 pazt1o141ne St lapuari `uantS st a3tiou alp aiep 0141 1013¢ sI 11p of ut141tM lapuai of puodsal 01 sjtg3 1amo11og `sa2emep 103 Wlejo a ulnas 01 pleme ue 0amut 01 S1a330 (aoualuas lxau alp 111 pautpap se) A11ed Sugsoddo alp legs lamoUOg 01 lapua1 Sq aotloU 1a13e `31 10 `1aMo11og pauopuege si Suadold 0141 3t 'anp ua141 ale sums xq1 1011 10 laglagm luaumllsut Sitlnaas sggl Sq palnoas stuns alp of paiidde aq tugs spaaoold sn0auettaostm all `Su11t1M ut aa1Se astMlaglo lapuaj pue 1aM011og ssatun 'amen U1 swot 10 `uopOnllsap `5upte1 tepled alp alojaq Ataleipatuw! pimps stuns aqi jo lunoute 0141 Ue11 ssa1 st awn ut ssoi 10 `uogon11sap `3up1E1 ietlled alp alopaq Stalegpauutut Suadold aqf 10 anjen 1avetu 11¢3 0141 iOt14M 111 X110do1d 01.11. JO anjen 111 SS01 10 `UOt1on-nsap `2UDie1 mired e JO 1110n3 aqi ut 1amo11og 01 pled aq Hugs aouemq SCuy °ammn ug ssot 10 `uoponllsap `Suptel teglled ag1 alojaq Sjaletpatuttt Suodold x141 1 amen 1axletu 1!e3 0141 (q) Cq papinip anjen ut ssoj 10 `uotlonllsap `Supte1 milled aql alojaq A1a1e1Patuutt palnoas stuns alp 30 Junouue m1o1 aqi (e) :uotloel3 5uiMojjo3 aqi Act po11dtl1nut spaaoold snoauultaosm 0141 30 1Uno[ue 0141 paonpat aq jugs 1Uautn11su1 'S111fOas s!g1 Sq patinas stuns ag1 `SUt111M ut aa1Se astM1a1410 lapuaq pue 10M011og ssatun 'awn tit not 10 `uopotulsap `$thief milled 0141 alojaq Atalzlpatutut luaUttttisut Sitlnoas stgf iCq palnoas sums 0141 10 1unOtue x141 mil 1a9e01S 10 0l 'tuba sg anion ut ssoj 10 'uotioniisap `Suptel tetued aqi alojaq Staletpatutut S11adoJd 0141 1 awn 10)1e1U 1m3 0141 14Ot14M 111 ifu0d01d a111 JO anjen ut sso1 10 `uopMnllsap `Supii milled e JO 1110na 0141 U1 •1aMO11og 01 pled 'Attu 3i `ssaOxa all 41tM `anp 110141 toil 10 1a141agM `1Uaum.ulsuj i111no0s s[141 Sq pampas stuns 0141 01 pattdde aq (te14s spaaoold snoauet(aost j x141 `IC11adoJd 0141 3o awn Ut ssoj 10 `uotlPtulsap `SU1)(e1 (¢101 e 30 maw ag1 ut Z uotUOas ut 103 paptnold 1ap10 aq1 ut pagtdde aq jugs spaaoold sn0auettaos!W lions •1aMO11og 01 pied `Aug 3t `ssaOxa 0141 141(M `anp ua141 1ou 10 laglagm 0807095 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. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable (Sp 6A(WY) 19905) Page 10 of 15 Initials: Dk 027 Form 3051 3/99 66 /C 190E WJO z 0 9 L ;o L L abed cow (AM)V9- VdSH I uonetuojut Jagio /Cue pue apettt aq pinogs sluatuked gatgm of ssaappe aq1 `Jaalmas ueo-I matt 3111 JO ssaappe pue aui u aq1 a1e1s 11im gatgm Amp 0111 JO 3090U u311i.1M uantS aq 11tnr JOMOJJOH `.laain.laS tte0 3111 JO 38tte110 a st 3.13111 •a1oiq alp jo ales a o1 palela1un J3otnl3S tteo 3111 Jo sa8ue113 alotu 10 auo aq 111$ttu osp wag", •me-i aige3tiddd pue `1uau1n.11su1 'i1t1n3as situ `aloN aq1 Japun suoui qqo 8utotnlas ueol a2e2uotu Jatlo stulojiad pue luatunJlsul Xllinoas sup pue a1oN alp Japan anp s1UOtu/Ced 343o!Jad spatioo 1m111 „Jaotnus ueol„ 3111 se umouii) Sglua alp ut aSueip a ut linsaJ 1g3un ales v •JamoJJOg of aotlou Joud 1nog1tm saulil atom Jo auo Nos aq ue3 (luatunulsul 'C1!1noaS sup tlim Jag1a$o1) a)oN alp ut 1salalut IeP.ed g Jo OION 311,£ •a3uenala9 JO aa[;oN :aaaIAJas ueo1 aueqp :a1oN jo ales °OZ g) uotloas Japun uonelalaooe 3o ase3 a111 tt Cid& 1ou 1I IS alelsuta1 01 110t1 sup `J3A3MO}{ •paJJn000 peg u0Ule1alao3e ou 3t se anpoaJJa tttetttaI 1P 4s i go1aq pa1noas suopeRilgo pug 1uaulUJlsul iClmoas sup `JamoIJOg 1uau1a1e1sutaJ uodn •JaJsueI,b spund 3tuo1Palg (p) Jo Alilua Jo I(11jEluatun1lsut `A3ua2u telapaj a ,(q palnsut OJe susodap asogm uonnlilsut lie uodn ume.lp st pago tons site paptnold 'rap s,Jatgse3 Jo 313ag3 s,Jalnsean V3110 Aueq `133go pa!Jl11ao (3) `Jap.10 Aauotu (q) 'gseo (e) :Japual .Cq poops se `suuoj Sutmoi[oJ aq1 jo alouu Jo auo u1 sasuadxa pue stuns 1uau1a1e1suta1 Bons iced JamoIJOg 1m41 a4nbai ,Ceuu Japuo- •pa2ue11oun anuuuoo !Eggs luamnulsul (1lnoaS sup (q palnoas stuns alp Aed 431 uotle24go s,Jamo1JOg pue `1uau11uIsul lunoas sup Japun s1g5!J pug ICuadold 3111 lit 1saJalut s,Japual 1e alnsse 01 almbal Algeuoseal hut Japual se uotme gins swim (p) pue `.1u0unulsul ,C1un0as sup Japan s14 U pug /i1Jadold ag1 lit ma'am! s,Japua-I 8ut13alo1d jo asodind 3111 Jo; paUnout saaj Jatpo pue `saaj uotlenien pue uonoadsut A1Jadold `saaj ,s,(aUJ011e aigeuoseaJ `01 papaw 1ou lnq `8utpnlottt luaumIlsul ,C41n3aS sup 8ut3JO3ua lit palinout sasuadxa lle si(ed (3) `.sluatuaaJBe JO sluettan00 Jag10 ,Cue jo 1ineJap Aug soma (q) `pa1Jn000 peg uone.0taooe ou ji se a10N alp pue lttatutu1SUI Alunoas sup Japan anp aq P1nom ttaww g3!gm stuns 1[e Japual s,(ed (e) :JoMoJJOH 1m111 0Je suompuoo asota •luatunhlsul Alunoas sup gut3JO3ua luatu8pnf a Jo ,C11ua (tit) 10 `alelsu[a1 01 111211 8,13M011Og JO u0ueutm131 3141 JoJ Xjioads 10uu aigeotlddy se pouad 131110 11ons (4) `.lttaullulsul ,iiJnoaS sup lit pauteluo3 ales Jo Jamod i(ue 01 ittenslnd ,C1Jado1d a111 Jo ales atom siCep anti (t) :Jo lsatl.ea a111 01 Jot1d 31111 site le panulluo3sip luatunJlsul Xlunoas sup jo ltatua3J03ua aim! o1 1g211 3111 am! 4 4s Jamo11Og `suoptpuoo Uig1J30 slaatu JamOJJOH JI •uolleaalaaad Jaw( alelsulaU 01 1011I s,JaMOaaog '6I •JamoIJOg uo puetuap 10 0010U Jag11n3 lnoglim 1uatunJlsul i(1lJnoas s!q1 ,Cq pauttund satpatua! /Cue wpm!! iCetu Japual `popad sup 3o uotleJtdxa alp 01 Jotld sums asatl /ied 01 s4e3 JamoIlog 31 •luatunJlsul 'C1t1n3as sup Aq painoas sums 11g Xed mutt! JamoUOg 11ou11m ut1111m S1 uonoas twit aouepl000e lit tan 2 Si a311ou a111 amp 014) UJOJJ &Cep 0£ nip ssai 1ou JO pouad a aptnoid tte1s aotlou agj •uotlelataooe JO aopot J0MO110g 0n11$ tle4s J0pu31 `11000 sup sastolaxa Japuai JI Mel imp; ,Cq paltqu old s! asu3Jaxa lions 3t Japual ,Cq pastolaxa aq 1ou Begs uondo sup `JanamoH •luatun11su1 ,iltlnoaS sup ,iq palnoas stuns IIe Jo 4n3 lit luatu1Ced aletpatnttt am ,Ceuu JapuaJ luasuo3 uall!Jm Jo!Jd s,Japual lnoglim (pa1JaJsueJ1 10 plos Si JamoIJOg lit 1sala1ttt letotjauaq a pug uosiad 1elnleu a iou st JamoIJOg ;t Jo) pa11aJsue11 10 Pios st AuadoJd 3111 lit 15010111 ,Cue Jo iCUado1d alp JO 11ed iCue 10 11g 3I •1ase11olnd a 01 amp alnlfJ a 1e 1amo11Og /Cg 31111 Jo JajsueJ1 3111 st got11m 30 maw! a111 `luatuaaJ MOJ3sa Jo 1oeO1u0o 501es luatulielsut 'pap 103 13e11tt03 'pap 103 puoq a lit pal1aJsue11 s150101U1 1e1ogauaq asotl `01 paltultl 1ou lnq `Sutpniout `S1Jadold a111 lit Isamu!! [etotJauaq Jo ION Cue smut „Xuadold 3111 lit 1saialul„ `81 uon3as sup lit pasn sd •aaMoaaog u1 1saJalul lepljauag a ao ,Claadoad alp jo aalsueaj •81 •luatunIlsul ,C1tlnoas sup Jo puu alolg 3111 JO i(doo auo uan!S aq pegs JamoIJOg •SdoD s,aanto.uog •L I •uop0e Cue a)1e1 01 uonatlgo Rue 1no111im uotlaI3stp a10s saniS „iietu„ plom ag1 pue `eslan a3tn pue !mid ay1 apni3ut pue ueatu lints "maws 3111 ut splom (z) `JapuaS aututtuaJ alp jo splom 10 splom Jalnau 2utpuodsaiioo apn[Out pue maw I[egs Japua autinosetu aq1 Jo splom (1) :luatun.asui ICltmoas sup uu pasn sb •uotsunOld Suuotliuoo ag1 lnoglim 13aJ3a uant2 aq ueo 4014m a10N 3111 Jo luatunJlsul 1C111n3as sup 3o suotstnold 10410 mane 1ou 11e4s 13!IJuo3 tons `mel 6A(WY) (9905) 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. Page 12 of 15 OS6 709 Initials: 029 Form 3051 3/99 661E 1.50E WJO L bo 6L eyed (9066) (AM)V9 •Sucwo(M Jo smel uoildwaxa pealsawoq alp Jo anlii■ Sq pue tapun s1i211 Iie saAIBm pue sasealat tamottog •saanleM •Pt M '1 algeoilddd tapun palliu iad s! aaJ all Jo SuiStego all pue patapuat saotntas toj Sited pull a o1 pied SI aaJ aq1 JT Sluo 1nq `luawntlsul Almon sill Sucseaiat ioj aaj a tannouog amp Sew tapua slsoo uoueptooat Sue Sed Itegs tamottog luawn.usut Slunoas sill asealat Hells tapuai luawntlsul Sutnoas sill Sq patnoas sums Ile jo 1uawied uodn •asealau •£Z ;t o; palullua S!!Oa! suosaad ao uosaad ay; o; ssaaxa Sue (3) pue ;uawna ;sul S;tanaas sly; Sq pumas scans He o; (q) aaaJ ,sSauao ;e algeuoseaa '0; pa ;lwil ;ou ;nq 'Su!pnlau! 'ales aq; jo sasuadxa Ile o; (e) :aapao SutM011oj aq; ut patldde aq !eqs ales ay; jo spaaaoad a'ii .ales Sue ;e S3aadoad ay; asegoand Sew aauSlsap s ao aapuarl •M ri algeallddv Sq pagtaasaad aauuew aq; ut Nos aq Heys S;aadoad ay; pue 'ales jo aat;ou ay; qsqqnd Heys aapuarl •sl not ;aas ut papinoad aauuew aq; u! aatoaaog o; ales ay; jo aat;ou anI2 Hegs aapuarl •Mei algeallddd gum aauepaoaoe w ;uaaa,I31p jt 'Slaadoad aq; jo uolssassod ut uosaad ay; o; pue aaMOaaog 0; asolaaaoJ o; waltz! jo aal;ou ants Heys aapua-I ales jo aamod ay; salonu! aapuarl JI •aauappta aI3!3 Jo S3soa pue SaaJ ,sSaUao; ;e algeuoseaa '0; pa !wtl ;ou ;nq 'Sulpnlau! 'zz uot3aas sly; ut papinoad salpawaa aq; Sutnsand ut paaanaut sasuadxa He ;aalloa o; pal ;t;ua aq !legs aapuarl °Merl alqualtddv Sq pa;;twaad salpawaa aaq ;o Sue pun ales Jo aaMod aq; alonul Sew pue puuwap laq;an. ;noq ;IM ;uawna ;sul S ;lamas sly; Sq paanaas scans lie Jo unj ut ;uawSed a;etpaww! aa!nbaa Sew not ;do s3! w aapuarl 'aal;ou aq; u! pagtoads a ;ep aq; aaopaq ao uo paana 3011 s! ;InePap aq; 3i .ales pue uol;eaalaaae 0; aaMOaaog jo asuapap aa ;o Sue ao ;Inepap e Jo aaua3slxa -uou aq; ;aasse o; not ;oe lanoo u Sutaq o; ;Oa aq; pue uolleaalaaae aa;Je ale ;supa o; 3gSta aq; jo aaAOaaog waoJ11z aay3anJ !legs aafou aq •S;aadoad aq; Jo ales pue ;uawna ;sul S;lanoas stq; Sq paanoas scans ay; jo not ;eaalaaae ut ;Insaa Sulu aat;ou aq; ut PaLJlaads a ;ep aq; aaopaq a0 uo 3lneJap aq; aana o; aanHmm ;e (p) pun :paana aq ;sum ;IneJap aq; gamin Sq 'aaMOaaog o; uan!S st aat;ou aq; a ;ep ay; wo.J sSup 0£ uuq; ssal ;ou 'amp a (a) ;Inejap aq; aana o; paalnbaa 1101136 aq; (q) :;1neJap all (e) :SJlaads hugs 331;011 aqj •(as!Maaq )o saptnoad Merl algeallddd ssatun g! not ;aas aapun uol;eaalaaoe o; aolad 3011 ;nq) ;uawna ;sul S ;lamas siq; u! ;uawaaJSe ao ;ueuanoa Sue Jo goeaaq s,aaAOaaog Su!M uo13e131333e o3 amid aaMOaaog 01 aal;ou 3,42 !legs •sa!pawan :uotleaalaaod •ZZ 0 c0 :smolloj se aaJS1 pue lueuanoo taqunj tapual pue tamot.cog S.LNVNHAO3 VJ 1Od1Nfl-NON Witnesses: 6A(WY) t99o51 080709 DANIEL 031 BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and recorded with it. (Seal) Borrower (Seal) Borrower (Seal) (Seal) Borrower Borrower (Seal) (Seal) Borrower Borrower (Seal) (Seal) Borrower Borrower Page 14 of 15 Form 3051 3/99 c0 Meuiul OOOZ 'AMC 3o XEP 1 -116T ss ,f; U0101 1360L9S0 g l Lo 5 L e8ed (50661 (AM►t/9 £0 /ZI /6 :sandxg uotssttuuto3 iCy�t smyav aarma 'aims iaor Rq sigl am ato ;aq papaimouxaz sum luautn.tlsut 5ut:A'a.toj age, `9NILAIOAM ,AO g.LV,LS IMO ',pap Xlunop ulooutg Jo spaooaz a4T Jo I abed uo '21'd 981 Moog u! 0661 `ZZ XeJAI papiooar puu L817 affed uo '1rd 861 Moog ut £861 `j7 tloreTAI Papioaai sluauunulsu! ut .ioj papinoad se ssaooe jo 1gBp atp tplm .ra1.1132o j •BuruutSagdo lutod all of kre punoq tlst,d puu atuuD auttuoiSM all &uole laaJ at `H00 aouagl 4 06Z `g„ £b bLN aoua ll `68 'S'Il IIOIJ ssaooe 100J SZ szoluetrJ aql lutod all $uiaq lu!od e of aoua3 all Buole laaJ ZZ'66 `M„8q,0IN aoua ll `.laad 18'56 `MA £,£Z 59S aouagl `laaJ OZ "Z I I `M „6 1 E, 91 N aouagl `Xlradoid tuoilsitleQ all 2uoie laa3 98'£ I `M „9119t ASS aouaq I uotlaas pies JO zauroo lseatilnos 3 41 Uuoil M,00095N laaJ LO' I O£ Pue autJ uopoas aul Suole Isom laaJ 69 Paluool si luiod pres `Xltadoid utoJlslgeQ f AuueQ 34140 Jau.zoo IseagltoN aril TO �u1UU1�ag :smolloJ se paqu sap `Suiuro1CM `Xluno3 ulooun K 1 4 ,9 atl1 Jo `M81 12I `NL `1E uotloag Jo t7/ I gSl7/ 1 gS alp Jo PUU M61 T' 1 `N9£.L uotloaS `b lo'I 3o lid y EC0 560z,9s0 «d» ligigxg -822U (9705).02 Form 311 31 Page 1 of 3 Initials: VMP MORTGAGE FORMS (800) 21 -7291 ADJUSTABLE RATE RIDER (1 Year Treasury Index Rate Caps) THIS ADJUSTABLE RATE RIDER is made this 20th day of July 2000 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 U. S. Bank, National Association (the "Lender of the same date and covering the Property described in the Security Instrument and located at: 11564 HIGHWAY 89 SOUTH, ALPINE, WY 83128 [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 8.875 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 first day of August ,2010 and on that day every 12th 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 weekly average yield on United States Treasury securities adjusted to a constant maturity of 1 year, as MULTISTATE ADJUSTABLE RATE RIDER ARM 5 -2 Single Family- Fannie Mae /Freddie Mac Uniform Instrument 0 %67U.9t Loan 0012347852 034 050'709;; 035 made available by the Federal Reserve Board. The most recent Index figure available as of the date 45 days before each Change Date is called the "Current Index." If the Index is no longer available, the Note Holder will choose a new Index which is based upon comparable information. The Note Holder will give me notice of this choice. (C) Calculation of Changes Before each Change Date, the Note Holder will calculate my new interest rate by adding Two and Eight Hundred Seventy Five Thousandths percentage point(s) 2. 8750 to the Current Index. The Note Holder will then round the result of this addition to the nearest one eighth of one percentage point (0.125 Subject to the limits stated in Section 4(D) below, this rounded amount will be my new interest rate until the next Change Date. The Note Holder will then determine the amount of the monthly payment that would be sufficient to repay the unpaid principal that 1 am expected to owe at the Change Date in full on the Maturity Date at my new interest rate in substantially equal payments. The result of this calculation will be the new amount of my monthly payment. (D) Limits on Interest Rate Changes The interest rate I am required to pay at the first Change Date will not be greater than 13 .875 or less than 3.875 Thereafter, my interest rate will never be increased or decreased on any single Change Date by more than two percentage points (2.0 from the rate of interest I have been paying for the preceding twelve months. My interest rate will never be greater than 13 .875 (E) Effective Date of Changes My new interest rate will become effective on each Change Date. I will pay the amount of my new monthly payment beginning on the first monthly payment date after the Change Date until the amount of my monthly payment changes again. (F) Notice of Changes The Note Holder will deliver or mail to me a notice of any changes in my interest rate and the amount of my monthly payment before the effective date of any change. The notice will include information required by law to be given me and also the title and telephone number of a person who will answer any question I may have regarding the notice. B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant 17 of the Security Instrument is amended to read as follows: Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interest in it.is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument. Lender also shall not exercise this option if: (a) Borrower causes to be submitted to Lender information required by Lender to evaluate the intended transferee as if a new loan were being de to the Initials: CD (9705).02 Page 2 of 3 n Forf3'I11 3/85 98/E I L LE (mod JamoJJOg- (ieas) JamoJJog- (IeaS) J2mOJJOg- (ieaS) JamoJJOg- (i snit ui pauieiuoo slueuanoo p J aqi of saa.i$e pue sidaooe Jamouog `MO"Igg ONLNOIS AEI °aamoi g uo pueutap Jo aomou .iaqunj inoqum ivawn.usui RlunoaS sigl Sq paluwi d satpauat Niue aXonut Auw .tapua-I `pouad sigi jo uone idxa aqi of Joud sums asap Xed of sue Jamonog ji •luawn°usui ,C1rmaS sigi Aq pampas suns !!u ,Cud isms .tam0.uog gotgm uigum mum .to pa1antlap s! aonou ag1 amp aq2 wag s,Cup O£ my ssal IOU 3o pouad u apinoid !legs aouou aqi, •uopeialaooe jo aonou Jamonog an!W !lugs iapuaj `!!n3 ui ivauifed aluipawii aunbai o1 uondo aqi sastoiaxa Japuo- ji •2uam ui Jamo°uog sasealaJ Japun ssalun luatun.usul S1TmoaS sup pm mots' aqt Japun ma n° aq o1 anutiuoo rum .13moli0g •ivatun.usul ,i1!JnoaS sun ui pue aioN alp u! apeu stuawaaJ3u pue sastuto.1d alp ![e (Taw! of aaiajsui n aq1 salz$ggo trip puu Japua-i o1 algeidaooe si leg! 1110wa315e uotldunsse ue u5is o1 aaiajsuuJi aqi aunbai osiu /Cum aapua-! •uoildwnsse ueo! alp 01 ivasuoo s,lapun 01 uonipuoo a se aai aiquuosua.t u a5Jego Sum aapun `me! alquoiidde ,Cq pauiund ivaixa aqi oy °Japua7 o1 alquidaoou st ivawn.usui Animas sup ut luauaa.t�e J0 1uuuanoo Aug jo goea.iq e jo 4six aql legl pue uondunsse ueo! aqi Aq pa.iiedui aq 1ou !pm Alunoas s,_iapua1 iegi sauiwaaiap ,flquuost:a.t .zapun (q) puu `aaJajsuu.tl n6049€.40 swvav Zaxxita E ;o E e6ed JamO.11og- (leaS) JamoJJOg- (leaS) 0 nzzatZ %tam alug aigulstifpd