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HomeMy WebLinkAbout979021Return To: Uni'v'ersal American Mortgage Company, LLC Secondary Marketing Ops 15550 Lightwave Drive, Site 200 Clearwater, FL 33760 Prepared By: Max T Allen Universal American Mortgage Co., LLC 439 E. shore Drive, Ste 120 MLLE, IDAHO 83616 State of Wyoming [Space Above This Line For Recording Data] MORTGAGE MIN 100059600054951228 THIS MORTGAGE "Security Instrument is given on October 23, 2014 The Mortgagor is 3EREMY v SCHWAS, AN UNMARRIED MAN "Borrower This Security Instrument is given to Mortgage Electronic Registration Systems, Inc. "MERS (solely as nominee for Lender, as hereinafter defined, and Lender's successors and assigns), as mortgagee. MERS is organized and existing under the laws of Delaware, and has an address and telephone number of P.O. Box 2026, Flint, MI 48501 2026, tel. (888) 679- MERS.Universal American Mortgage Company, LLC, a Florida limited liability company "Lender is organized and existing under the laws of Florida. and has an address of700 NW 107th Avenue 3rd Floor, Miami, FL 33172 3139 Borrower owes Lender the principal sum of One Hundred Forty Seven Thousand Two Hundred Eighty Three and 00/100 Dollars (U.S. 147,283.00 This debt is evidenced by Borrower's note dated the same date as this Security Instrument "Note which provides for monthly payments, with the full debt, if not paid earlier, due and payable on November 01, 2044 This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements under this Security.Instrurnent and the Note. For this purpose, Borrower does hereby mortgage, grant and convey to MERS (solely as nominee for Lender and Lender's successors and 0005495122 FHA Mortgage with M925- WY VMP Wolters Kluwer Financial Services 979021 10/24/2014 3:18 PM LINCOLN COUNTY FEES: $75.00 PAGE 1OF 22 BOOK: 842 PAGE: 177 MORTGAGE JEANNE WAGNER, LINCOLN COUNTY CLERK 1 1111111 1111111111 1111111111111111 I I I I 111 1 11111 i l l l l I I I I 1 111111111111 I I 1 1111 1111 FHA Case No. 591 1001060 0004N -1 WY Initials 1S DOO4N1WY Revised 4/96 Amended 2/01 VMP4N(WY) (1 302) Pace 1 of 9 assigns) and to the successors and assigns of MERS with power of sale, the following described property located in LINCOLN County, Wyoming: LEGAL DESCRIPTION ATTACHED HERETO AND INCORPORATED HEREIN Parcel ID Number :12 -3418 -19 -1--00 307.00 which has the address of 268 LINCOLN LANE [street] THAYNE (City), Wyoming 83127 (lip Code) "Property Address 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 understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrument; but, if necessary to comply with law or custom, MFRS, (as nominee for Lender and Lender's successors and assigns), has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and to take any action required of Lender including, but not limited to, releasing or canceling this Security Instrument. BORROWER COVENANTS that Borrower is lawfully seized 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. Borrower and Lender covenant and agree as follows: UNIFORM COVENANTS. 1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal of and interest on, the debt evidenced by the Note and late charges due under the Note. 2. Monthly Payment of Taxes, Insurance and Other Charges. Borrower shall include in each monthly payment, together with the principal and interest as set forth in the Note and any late charges, a sum for (a) taxes and special assessments Ievied or to be levied against the Property, (b) leasehold payments or ground rents on the Property, and (c) premiums for insurance required under paragraph 4. In any year in which the Lender must pay a mortgage insurance premium to the Secretary of Housing and Urban Development "Secretary or in any year in which such premium would have been required if Lender still held the Security Instrument, each monthly payment shall also include either: (i) a sum for the annual mortgage insurance premium to be paid by Lender to the Secretary, or (ii) a monthly charge instead of a mortgage insurance premium if this Security Instrument is held by the Secretary, in a reasonable amount to be determined by the Secretary. Except for the monthly charge by the Secretary, these items are called "Escrow Items" and the sums paid to Lender are called "Escrow Funds." 0005495122 looloso D004N1WX 1.-HA Mortgage wen MIrkS- WY t<e'ISetl 4/ U VMP D004N -2WY VMP N(WY (1302) Wolters Kluwer Financial Services Initials: l V P7jo 2 of 9 Lender may, at any time, collect and hold amounts for Escrow Items in an aggregate amount not to exceed the maximum amount that may be required for Borrower's escrow account under the Real Estate Settlement Procedures Act of 1974, 12 U.S.C. Section 2601 et seq. and implementing regulations, 12 C.F.R. Part 1024, as they may be amended from time to time "RESPA except that the cushion or reserve permitted by RESPA for unanticipated disbursements or disbursements before the Borrower's payments are available in the account may not be based on amounts due for the mortgage insurance premium. If the amounts held by Lender for Escrow Items exceed the amounts permitted to be held by RESPA, Lender shall account to Borrower for the excess funds as required by RESPA, If the amounts of funds held by Lender at any tune are not sufficient to pay the Escrow Items when due, Lender may notify the Borrower and require Borrower to make up the shortage as permitted by RESPA. The Escrow Funds are pledged as additional security for all sums secured by this Security Instrument, If Borrower tenders to Lender the full payment of all such sums, Borrower's account shall be credited with the balance remaining for all installment items (a), (b), and (c) and any mortgage insurance premium installment that Lender has not become obligated to pay to the Secretary, and Lender shall promptly refund any excess funds to Borrower. Immediately prior to a foreclosure sale of the Property or its acquisition by Lender, Borrower's account shall be credited with any balance remaining for all installments for items (a), (b), and (c). 3. Application of Payments. All payments under paragraphs 1 and 2 shall be applied by Lender as follows: First, to the mortgage insurance premium to be paid by Lender to the Secretary or to the monthly charge by the Secretary instead of the monthly mortgage insurance premium; Second, to any taxes, special assessments, leasehold payments or ground rents, and fire, flood and other hazard insurance premiums, as required; Third, to interest due under the Note; Fourth, to amortization of the principal of the Note; and Fifth to late charges due under the Note. 4. Fire, Flood and Other Hazard Insurance. Borrower shall insure all improvements on the Property, whether now in existence or subsequently erected, against any hazards, casualties, and contingencies, including fire, for which Lender requires insurance. This insurance shall be maintained in the amounts and for the periods that Lender requires. Borrower shall also insure all improvements on the Property, whether now in existence or subsequently erected, against loss by floods to the extent required by the Secretary. All insurance shall be carried with companies approved by Lender. The insurance policies and any renewals shall be held by Lender and shall include loss payable clauses in favor of, and in a form acceptable to, Lender. In the event of loss, Borrower shah give Lender immediate notice by mail. Lender may make proof of loss if not made promptly by Borrower, Each insurance company concerned is hereby authorized and directed to make payment for such loss directly to Lender, instead of to Borrower and to Lender jointly. All or any part of the insurance proceeds may be applied by Lender, at its option, either (a) to the reduction of the indebtedness under the Note and this Security Instrument, first to any delinquent amounts applied in the order in paragraph 3, and then to prepayment of principal, or (b) to the restoration or repair of the damaged Property. Any application of the proceeds to the principal shall not extend or postpone the due date of the monthly payments which are referred to in paragraph 2, or change the amount of such payments. Any excess insurance proceeds over an amount required to pay all outstanding indebtedness under the Note and this Security Instrument shall be paid to the entity legally entitled thereto. In the event of foreclosure of this Security Instrument or other transfer of title to the Property that extinguishes the indebtedness, all right, title and interest of Borrower in and to insurance policies in force shall pass to the purchaser. 0005495122 FHA Mortgage wit" MtKS- WY VMP® Wolters Kluwer Financial Services 1001060 N- D004N3WY Initials: DO 04XIAY Havisee 4/96 Amended 2/01 VMP4N(WY) (1302) Page 3 of 9 5. Occupancy, Preservation, Maintenance and Protection of the Property; Borrower's Loan Application; Leaseholds. Borrower shall occupy, establish, and use the Property as Borrower's principal residence within sixty days after the execution of this Security Instrument (or within sixty days of a later sale or transfer of the Property) and shall continue to occuPy the Property as Borrower's principal residence for at least one year after the date of occupancy, unless Lender determines that requirement will cause undue hardship for Borrower, or unless extenuating circumstances exist which are beyond Borrower's control. Borrower shall notify Lender of any extenuating circumstances. Borrower shall not commit waste or destroy, damage or substantially change the Property or allow the Property to deteriorate, reasonable wear and tear excepted. Lender may inspect the Property if the Property is vacant or abandoned or the loan is in default. Lender may take reasonable action to protect and preserve such vacant or abandoned Property. Borrower shall also be in default if Borrower, during the loan application process, gave materially false or inaccurate information or statements to Lender (or failed to provide Lender with any material information) in connection with the loan evidenced by the Note, including, but not limited to, representations concerning Borrower's occupancy of the Property as a principal residence. If this Security Instrument is on a leasehold, Borrower shall comply with the provisions of the least. If Borrower acquires fee title to the Property, the leasehold and fee title shall not be merged unless Lender agrees to the merger in writing. 6. Condemnation. The proceeds of any award or claim for damages, direct or consequential, in connection with any condemnation or other taking of any part of the Property, or for conveyance in place of condemnation, are hereby assigned and shall be paid to Lender to the extent of the full amount of the indebtedness that remains unpaid under the Note and this Security Instrument. Lender shall apply such proceeds to the reduction of the indebtedness under the Note and this Security Instrument, first to any delinquent amounts applied in the order provided in paragraph 3, and then to prepayment of principal. An' application of the proceeds to the principal shall not extend or postpone the due date of the monthly payments, which are referred to in paragraph 2, or change the amount of such payments. Any excess proceeds over an amount required to pay all outstanding indebtedness under the Note and this Security Instrument shall be paid to the entity legally entitled thereto. 7. Charges to Borrower and Protection of Lender's Rights in the Property. Borrower shall pay all governmental or municipal charges, fines and impositions that are not included in paragraph 2. Borrower shall pay these obligations on time directly to the entity which is owed the payment. If failure to pay would adversely affect Lender's interest in the Property, upon Lender's request Borrower shall promptly furnish to Lender receipts evidencing these payments. If Borrower fails to make these payments or the payments required by paragraph 2, or fails to perform any other covenants and agreements contained in this Security Instrument, or there is a Iegal proceeding that may significantly affect Lender's rights in the Property (such as a proceeding in banlauptcy, for condemnation or to enforce laws or regulations), then Lender may do and pay whatever is necessary to protect the value of the Property and Lender's rights in the Property, including payment of taxes, hazard insurance and other items mentioned in paragraph 2. Any amounts disbursed by Lender under this paragraph shall become an additional debt of Borrower and be secured by this Security Instrument. These amounts shn11 bear interest from the date of disbursement, at the Note rate, and at the option of Lender, shall be immediately due and payable. Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender; (b) contests in good. faith the lien by, or defends against enforcement of the lien in, legal proceedings which in the Lender's opinion operate to prevent the enforcement of the Iien; or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrtunent. If Lender determines that any part of the Property is subject to a lien which may attain priority over this Security Instrument, Lender may give Borrower a notice identifying the lien. Borrower shall satisfy the lien or take one or more of the actions set forth above within 10 days of the giving of notice. 0005495122 1001060 D004N1WY FHA Mortgage with MFRS- WY 0004N 4WY Revised 4/96 V Amended 2101 Wo ers Kluwer Financial Services Initials:' VMP4(V Page t 4 (1302) of 8. Fees. Lender may collect fees and charges authorized by the Secretary. 9. Grounds for Acceleration of Debt. (a) Default. Lender may, except as limited by regulations issued by the Secretary, in the case of payment defaults, require immediate payment in full of all sums secured by this Security Instrument if: (i) Borrower defaults by failing to pay in full any monthly payment required by this Security Instrument prior to or on the due date of the next monthly payment, or .(ii) Borrower defaults by failing, for a period of thirty days, to perform any other obligations contained in this Security Instrument. (b) Sale Without Credit Approval. Lender shall, if permitted by applicable law (including Section 341(d) of the Garn -St. Germain Depository Institutions Act of 1982, 12 U.S.C. 1701j -3(d)) and with the prior approval of the Secretary, require immediate payment in full of all sums secured by this Security Instrument if: (i) All or part of the Property, or a beneficial interest in a trust owning all or part of the Property, is sold or otherwise transferred (other than by devise or descent), and (ii) The Property is not occupied by the purchaser or grantee as his or her principal residence, or the purchaser or grantee does so occupy the Property but his or her credit has not been approved in accordance with the requirements of the Secretary. (c) No Waiver. If circumstances occur that would permit Lender to require immediate payment in full, but Lender does not require such payments, Lender does not waive its rights with respect to subsequent events. (d) Regulations of HIJD Secretary. In many circumstances regulations issued by the Secretary will limit Lender's rights, in the case of payment defaults, to require immediate payment in full and foreclose if not paid. This Security Instrument does not authorize acceleration or foreclosure if not permitted by regulations of the Secretary. (e) Mortgage Not Insured. Borrower agrees that if this Security Instrument and the Note are not determined to be eligible for insurance under the National Housing Act within 60 days from the date hereof, Lender may, at its option, require immediate payment in full of all sums secured by this Security Instrument. A written statement of any authorized agent of the Secretary dated subsequent to 60 days from the date hereof, declining to insure this Security Instrument and the Note, shall be deemed conclusive proof of such ineligibility. Notwithstanding the foregoing, this option may not be exercised by Lender when the unavailability of insurance is solely due to Lender's failure to remit a mortgage insurance premium to the Secretary. 10. Reinstatement. Borrower has a right to be reinstated if Lender has required immediate payment in full because of Borrower's failure to pay an amount due under the Note or this Security Instrument. This right applies even after foreclosure proceedings are instituted. To reinstate the Security Instrument, Borrower shall tender in a lump sum all amounts required to bring Borrower's account current including, to the extent they are obligations of Borrower under this Security Instrument, foreclosure costs and reasonable and customary attorneys' fees and expenses properly associated with the foreclosure proceeding. Upon reinstatement by Borrower, this Security Instrument and the obligations that it secures shall remain in effect as if Lender had not required immediate payment in full. However, Lender is not required to permit reinstatement if: (i) Lender has accepted reinstatement after the commencement of foreclosure proceedings within two years immediately preceding the commencement of a current foreclosure proceeding, (ii) reinstatement will preclude foreclosure on different grounds in the fixture, or (iii) reinstatement will adversely affect the priority of the lien created by this Security Instrument. 0005495122 FHA Mortgage with MS-W' VMP Wolters Kluwer Financial Swig 1001060 D004N-5WY i 1 Initials: DO04N1WY Re tised 4196 Amended 2/01 VMP4N(WY) (1302) Pcgo 5 of 9 11. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the tune of payment or modification of amortization of the sums secured by this Security Instrument granted by Lender to any successor in interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successor in interest. Lender shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. 12. Successors and Assigns Bound; Joint and Several Liability; Co-Signers. The covenants and agreements of this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions of paragraph 9(b). Borrower's covenants and agreements shall be joint and several, Any Borrower who co -signs this Security Instrument but does not execute the Note: (a) is co- signing this Security Instrument only to mortgage, grant and convey that Borrower's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower may agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without that Borrower's consent. 13. Notices. Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by first class mail to Lender's address stated herein or any address Lender designates by notice to Borrower. Any notice provided for in this Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. 14. Governing Law; Severability. This Security Instrument shall be governed by Federal law and the law of the jurisdiction in which the Property is located. In the event that any provision or clause of this Security Instrument or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision, To this end the provisions of this Security Instrument and the Note are declared to be severable. 15. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument 16. Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the Property that is in violation of any Environmental Law. 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. Borrower shall promptly give Lender•written notice of 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. If Borrower learns, or is notified by any governmental or regulatory authority, that any removal or other remediation of any Hazardous Substances affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. As used in this paragraph 16, "Hazardous Substances" are those substances defined as toxic or hazardous substances 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. As used in this paragraph 16, "Environmental Law" means federal laws and laws of the jurisdiction where the Properly is located that relate to health, safety or environmental protection. 0005495122 FHA Mortgage with MFRS -WY VMP® Wolters Kluwer Financial Services 1001060 0004N•6W( 4> Initlals: V D004N1WY Revised 4196 Amended 2/01 VMP4N(WY) (1302) Page 6 of 9 NON- UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 17. Assignment of Rents. Borrower unconditionally assigns and transfers to Lender all the rents and revenues of the Properly. Borrower authorizes Lender or Lender's agents to collect the rents and revenues and hereby directs each tenant of the Property to pay the rents to Lender or Lender's agents. However, prior to Lender's notice to Borrower of Borrower's breach of any covenant or agreement in the Security Instrument, Borrower shall collect and receive all rents and revenues of the Property as trustee for the benefit of Lender and Borrower. This assignment of rents constitutes an absolute assignment and not an assignment for additional security only. If Lender gives notice of breach to Borrower: (a) all rents received by Borrower shall be held by Borrower as trustee for benefit of Lender only, to be applied to the sums secured by the Security Instrument; (b) Lender shall be entitled to collect and receive all of the rents of the Property; and (c) each tenant of the Property shall pay all rents due and unpaid to Lender or Lender's agent on Lender's written demand to the tenant. Borrower has not executed any prior assignment of the rents and has not and will not perform any act that would prevent Lender from exercising its rights under this paragraph 17. Lender shall not be required to enter upon, take control of or maintain the Property before or after giving notice of breach to Borrower. However, Lender or a judicially appointed receiver may do so at any time there is a breach. Any application of rents shall not cure or waive any default or invalidate any other right or remedy of Lender. This assignment of rents of the Property shall terminate when the debt secured by the Security Instrument is paid in full. 18. Foreclosure Procedure. If Lender requires immediate payment in full under paragraph 9, Lender may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 18, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If Lender involves the power of sale, Lender shalt give notice of intent to foreclose to Borrower and to the person in possession of the Property, if different, in accordance with applicable law. Lender shall give notice of the sale to Borrower in the manner provided in paragraph 13. Lender shall publish the notice of sale, and the Property shall be sold in the manner prescribed by applicable law. Lender or its designee may purchase the Property at any sale. The proceeds of the sale shall be applied in the following order:. (a) to all expenses of the sale, including, but not limited to, reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. If the Lender's interest in this Security Instrument is held by the Secretary and the Secretary requires immediate payment in full under paragraph 9, the Secretary may invoke the nonjudicial power of sale provided in the Single Family Mortgage Foreclosure Act of 1994 "Act (12 U.S.C. 3751 et seq.) by requesting a foreclosure commissioner designated under the Act to commence foreclosure and to sell the Property as provided in the Act. Nothing in the preceding sentence shall deprive the Secretary of any rights otherwise available to a Lender under this paragraph 18 or applicable law. 19. Release. Upon payment of all sums secured by this Security Instrument, Lender shall release this Security Instrument without charge to Borrower. Borrower shall pay airy recordation costs. 20. Waivers. Borrower waives all rights of homestead exemption in the Property and relinquishes all rights of curtesy and dower in the Property. 21. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)). Condominium Rider (l Growing Equity Rider LxJ Other [specify) Fl Planned Unit Development Rider Graduated Payment Rider 141. fixation Affidavit, Limited rower of Attorney Ri M Home PJ Non Owner Occupancy Rider L Adjustable Rate Rider Rider 0005495122 FHA Mortgage wanMbtu- WY VMPp Wolters Kluwer Financial Services 1001060 D 004N1WY D004N.7VJY Amended 2/01 Revised 4I YMP4N(WY) (1302) Initials: Pao 7 of 9 BY SIGNING BELOW, Borrower accepts and agrees to the terms contained in this Security Instrument and in any rider(s) executed by Borrower and recorded with it. Witnesses: d' r /�f (Seal) RE FSS SCSW Borrower 0005495122 FHA Mortg age with MFRS- WY VMP Q Wolters Kluwer Financial Services t001060 D004N•8WY Initials: (Seal) Borrower (Seal) Borrower (Seal) Borrower DOO4NLWX Revised 4/96 Amended 2/01 VMP4N(WY) (1302) P4ge8of9 STATE OF WYOMING, This instrument was acknowledged before me on trO /J-e!/ 7` JEREMY V SCTiWAR My Commission Expires: 0 /2. j ()6 jaaw ce O. FENTON NOTARY PUBLIC COUNTY OF o,�cl STATE OF LINCOLN �t;��" WYOMING MY COMMISSION EXPIRES OCTOBER 21, 2015 Notary Public :1 '''t, 4Ly"1 Title (and Rank) („kt' L Piet Loan origination organization TJniversal. Americans Mortgage Company, LLC NMLS ID 1058 Loan originator Heidi Hawk Roberts NMLS ID 584320 0005495122 FHA Mortgage with M ERs -WY VMP© Wolters Kluwer Financial Services 1001060 D004N9WY,UFF Initials: County ss: by D004N1WY Revised 4/96 Amended 2/01 VMP4N(WY) (1302) Palo 9 of 9 Exhibit "A" A PORTION OF THE SE'/NW'/NE'/4 OF SECTION 19, TOWNSHIP 34 NORTH, RANGE 1.18 WEST OF THE 6TH P.M., LINCOLN COUNTY, WYOMING, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: THE TRUE POINT OF BEGINNING BEING AN IRON PIPE SET AT A POINT IN THE WEST LINE OF SAID SE'/4NW'/4NE' /4, SAID POINT BEING 334.63 FEET S 0 °44'40" W, FROM THE B.L.M. TYPE MONUMENT FOUND MARKING THE NORTHWEST CORNER OF SAID SE'/4NWY4NE' /4; THENCE S 89 °59'05" E, 660.00 FEET TO AN IRON PIPE SET AT A POINT IN THE EAST LINE OF SAID SE' NW%4NE'/4; THENCE S 0 °4P31" W, ALONG SAID EAST LINE, 334.20 FEET TO THE B.L.M. TYPE MONUMENT FOUND MARKING THE SOUTHEAST CORNER OF SAID SE%4NW'/4NE1/4; THENCE S 89 °58'42" W, ALONG THE SOUTH LINE OF SAID SE'/4NW' NE %4, 660.32 FEET TO THE B.L.M. TYPE MONUMENT FOUND MARKING THE SOUTHWEST CORNER OF SAID SE %NW'/4NE'/; THENCE N 0 °44'40" E, ALONG SAID WEST LINE, 334.63 FEET TO THE TRUE POINT OF BEGINNING. TOGETHER WITH A 60 -FOOT EASEMENT ALONG THE WEST BOUNDARY LINE, FOR LINCOLN LANE ROADWAY, THE WEST LINE OF THE ABOVE DESCRIBED PARCEL BEING THE CENTER LINE. LESS AND EXCEPT THAT PROPERTY DESCRIBED IN THAT QUITCLAIM DEED DATED JUNE 2, 2009 AND RECORDED JUNE 3, 2009 AS INSTRUMENT NO. 947541 IN BOOK 724 ON PAGE 433 IN THE OFFICE OF THE LINCOLN COUNTY CLERK. (To be recorded with Security Instrument) Used 1998 Street THAYNE City AFFIXATION AFFIDAVIT REGARDING MANUFACTURED (AND FACTORY BUILT) HOME The State of WYOMING County of LitsiCoLN Before me, the undersigned authority, on this day personally appeared JEREMY v s clumps (Borrower(s)) and Universal American Mortgage Company, LLC, a Florida limited liability company DESCRIPTION OF MANUFACTURED IIOME New/Used Year Manufacturer' s Name R1 Dco 16-98-494-6276 Model Name or Model No. IDA 174659 IDA174660 CHAMPION HOMES Manufacturer's Serial No. Length x Width HUD Label Number(s): Certificate of Title Number: MANUFACTURED HOME LOCATION 268 LINCOLN LANE LINCOLN County 50 X 27 WYOMING 83127 State Zip Code 0005495122 C06D921 -1 CO6D921 AFFIXATION AFFIDAVIT REGARDING MANUFACTURED (AND FACTORY BUILT) HOME 03/20/06 Page 1 of Revised 11/15/2013 In addition to the covenants and agreements made in the Security Instrument, Borrower covenants and agrees as follows: 1. The manufactured home described above located at the address above is permanently affixed to a foundation. and will assume the characteristic ofsite-built housing. 2. The wheels, axles, tow bar, or hitch. were removed when said manufactured home was placed on the permanent site. 3. All foundations, both perimeter and piers for said manufactured home have footings that are Iocated below the frost line or in compliance with local building codes or requirements. 4. If piers are used for said manufactured home, they will be placed where said home manufacturer recommends. 5. If state law so requires, anchors for said manufactured home have been provided. 6. The manufactured home is permanently connected to a septic or sewage system and other utilities such as electricity, water and natural gas. 7. No other lien or financing affects said manufactured home or real estate, other than those disclosed in writing to Lender. 8. The foundation system of the manufactured home has been designed by an engineer, if required by state or local building codes, to meet the soil conditions of the site. 9. Borrower(s) acknowledges his or her intent that said manufactured home will become immovable property and part of the real property securing the security instrument. 10. The Manufactured home will be assessed and taxed as an improvement the real property. I/We understand that if Lender does not escrow for these taxes, that I/we will be responsible for payment of such taxes. 11. If the land is being purchased, such purchase and said manufactured home represent a single real estate transaction under applicable state law. 12. Said manufactured home has been built under the Federal Manufactured Home Construction and Safety Standards that were established June 15, 1976. 13. This Affidavit is executed by Borrower(s) pursuant to applicable state law. 14. All permits required by governmental authorities have been obtained. Borrower(s) certifies that Borrower(s) is in receipt of manufacturer's recommended maintenance program regarding the carpets and manufactures warranties covering the heating/cooling system, hot water heater, range, etc, and the formaldehyde health notice. J h 4 Da te f Date SCHWAB Borrower Borrower Date Date Borrower Borrower 0005495122 CO6D921 -2 CO6D921 AFFIXATION AFFIDAVIT REGARDING MANUFACTURED (AND FACTORY BUILT) HOME 03/20/06 Page 2 of 3 Revised 11/15/2013 In Witness Whereof, Borrowers) and Lender has executed this Affidavit in my presence and in the presence of undersigned witnesses on this day of WYOMING LINCOLN itness witness The foregoing instrument was acknowledged before me this /t day of t JEREMY V SCHWAB who is personally known to me or who provided National ID as identification 0. FENTON NOTARY PUBLIC wry OF �y y STA'7E OF LINCOLN yG» WYOMING MYCOMMISSIONEIRESOCrOBER 21.2015 Lender 0005495122 AFFIXATION AFFIDAVIT REGARDING MANUFACTURED (AND FACTORY BUILT) HOME 03/20/06 Notary Public Print Name Thairersal American Mortgage Company, LLC Page 3 of 3 CO6D921 -3 My Commission Expires: /Of/JS CO6D921 Revised 11/15/2013 Record and Return by Mail by Pickup to: Universal American Mortgage Company, LLC Secondary Marketing Ops 15550 Lightwave Drive, Suite 200 Clearwater, FL 33760 City THAY1 E Strait Address REAL PROPERTY AND MANUFACTURED HOME UMITED POWER OF ATTORNEY (To execute or release title, mortgage or deed of trust, security filing, transfer of equity and insurance documents and proceeds.) The undersig, ed borrower(s), whether one or more, each referred to below as "I" or "me," residing at: 793 COUNTY ROAD 121 WY 83127 Smm Zip "Present Address I am the Buyer /Owner of the following manufactured home (the "Manufactured Home 0005495122 CO6D922 REAL PROPERTY AND MANUFACTURED HOME UMImO POWER OF ATTORNEY 04/93/06 C06D922 -1 Page 1 of 5 7/10/2014 Used New/Used IIDA 174659 THAYNE 1998 CHAMPION HOMES Year Manufacturer' s Name Model Name/Model No. Manufacturer's Serial No. permanently affixed to the real property located at: Street County 16 -98 -494 -6276 50 X 27 268 LINCOLN LANE LINCOLN WYOMING 83127 Length/Width City State Zip Code "property Address and as more particularly described on Exhibit A attached hereto (the "Real Property"). I do hereby irrevocably make, constitute, appoint and authorize with full power of substitution, Universal American Mortgage Company, LLC, a Florida limited liability company "Lender its successors, assigns or designees as my agent and attorney -in -fact, in my name, place and stead in any way which I could do, If I were personally present, with full power of substitution and delegation, '(1) to complete, execute and deliver, in my name or Lender's name, any and all forms, certificates, assignments, designations, releases or other documentation as may be necessary or proper to implement the terms and provisions of the Security Instrument dated October 23, 2014 executed by me in favor of Lender, (2 to complete, execute and deliver, in my name or in Lender's name, any and all forms, certificates, assignments, designations, releases or other documentation as may be necessary or proper to make application for and obtain the certificate of title for the Manufactured Home and to have Lender (or its designee) designated as lienholder on the certificate of title for the Manufactured Home, (3) to complete, execute and deliver in my name or Lender's name, any and all forms, certificates, assignments, designations, releases or other documentation as may be necessary or proper to have the Manufactured Home treated as real estate for any and all purposes under state law, including but not limited to the surrender of any certificate of title, any election to treat the Manufactured Home as real estate for tax purposes or to meet any other requirements in order for the loan/financing secured by the Manufactured Home and the Real Property to be eligible for sale on the Federal National Mortgage Association "Fannie Mae the Federal Home Loan Mortgage Association "Freddie Mac or any other secondary market purchaser, (4) to receive, complete, execute or endorse, and deliver in my name or Lender's name any and all claim forms, agreements, assignments, releases, checks, drafts or other instruments and vehicles for the payment of money, relating to any insurance covering the Manufactured Horne, the indebtedness secured by the Manufactured Home or the Real Property, and (5) to complete, sign and file, without my signature, such financing and continuation statements, amendments, and supplements thereto, mortgages, deeds of trust and other documents, including releases of these items, which I may from time to time deem necessary to perfect, preserve and protect Lender's security interest in the Manufactured Home, the Property and any other property sold with it. I acknowledge that at the time this Power of Attorney and my Security Instrument and any of the forms, certificates, assignments, designations, releases or other documentation are prepared the serial number of the manufactured housing unit may not be available or may be inaccurate. The manufactured housing unit may 0005495122 CO6D922 REAL PROPERTY AND MANUFA C=URED NOME UMI I tU POWER OF ATTORNEY 04/05/06 C060922 -2 Page 2 of 5 7/10/2014 be a factory order in the process of being constructed. Immediately, upon Lender's receipt of the serial number, I understand and agree that the above items may be completed and/or corrected by Lender to properly disclose all the applicable home identifications, including the serial number. I understand that I will be provided with a copy of any corrected agreement. To induce any third party to act hereunder, I hereby agree that any third party receiving a. duly executed copy of facsimile of this instrument may act hereunder, and I for myself and for my heirs, executors, legal representatives and assigns, hereby agree to indemnify and hold harmless any such third party from and against any and all claims that may arise against such third party by reason of such third party having relied on the provisions of this instrument. I have given this Limited Power of Attorney in connection with a loan/financing to be given by Lender and to induce Lender to make the financing available. It is coupled with an interest in the transaction and is irrevocable. This Limited Power of Attorney shall not be affected by my /our subsequent incapacity, disability, or incompetence. I do further grant unto Lender full authority and power to do and perform any and all acts necessary or incident to the execution of the powers herein expressly granted, as fully as I might or could do if personally present. WITNESS my hand and seal this 01" day of (21a,&.i cow h Witness Witness f V•Sel 1 REMY �T SCHWAB 0005495,22 REAL PROPERTY AND MANUFACTURE) HOME LIMITED POWER OFATCORNEY 04/03/06 CO6D922 -3 (Seal) Borrower (Seal) Borrower (Seal) Borrower Page 3 of 5 (Seal) Borrower CO6D922 7/10/2014 STATE OF 1�Lu.L #�yi COUNTY OF r. On the 2 day of k�� 'i in the year before me, the underssiiag((n�' ee�d, a Notary Public l n and for said State, personally appeared perso y ioaeivn to me or proved to me on the basis of satisfactory evidence to be the individuals) whose name(s) is /are subscribed to the within instrument and acknowledged to me that he/she /they executed the same in his/her /their capacity(ies), and that by his/her /their signature(s) on the instrument, the individual(s), or the person on behalf of which the individual(s) acted, executed the instrument. D. PENTON COUNTY of LINCOLN NOTARYPUBUc STATE OF WYOMING MY COMMISSION DO?IR(S OCTOBER 21, 2015 0005495122 (Official Seal) Notary Signature Ss.: Notary pinted Dame Notary Public; State of Qualified in the County My Commission Expires: REAL PROPERTY AND MANUFACTURED HOME LIMI 7 tU POWER OF ATTORNEY 04/03/06 C06D922 -4 Page 4 of 5 tiNt un of Oil Co6D922 7/10/2014 EXHIBIT A PROPERTY DESCRIPTION LEGAL DESCRIPTION ATTACHED HERETO AND INCORPORATED HEREIN 0005495122 CO6D922 REAL PROPff27Y AND MANUFACTURED HOME LIMITED POUVER OF ATTORNEY 04/03/06 7/10/2014 Cq6 D922 -5 Page 5 of 5 Exhibit "A" A PORTION OF THE SE'/NW' /NE'/ OF SECTION 19, TOWNSHIP 34 NORTH, RANGE 118 WEST OF THE 6TH P.M., LINCOLN COUNTY, WYOMING, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: THE TRUE POINT OF BEGINNING BEING AN IRON PIPE SET AT A POINT IN THE WEST LINE OF SAID SE' <NW'ANE'/, ,SAID POINT BEING 334.63 FEET S 0 °44'40" W, FROM THE B.L.M. TYPE MONUMENT FOUND MARKING THE NORTHWEST CORNER OF SAID SEIANW%NE' THENCE S 89 °59'05" E, 660.00 FEET TO AN IRON PIPE SET AT A POINT IN THE EAST LINE OF SAID SE' /NWt /NE'/; THENCE S 0 °41'31" W, ALONG SAID EAST LINE, 334.20 FEET TO THE B.L.M. TYPE MONUMENT FOUND MARKING THE SOUTHEAST CORNER OF SAID SE'/NW' NE' /a; THENCE S 89 °58'42" W, ALONG THE SOUTH LINE OF SAID SE' /NW 660.32 FEET TO THE B.L.M. TYPE MONUMENT FOUND MARKING THE SOUTHWEST CORNER OF SAID SE'ANWYNE'/; THENCE N 0 °44'40" E, ALONG SAID WEST LINE, 334.63 FEET TO THE TRUE POINT OF BEGINNING. TOGETHER WITH A 60 -FOOT EASEMENT ALONG THE WEST BOUNDARY LINE, FOR LINCOLN LANE ROADWAY, THE WEST LINE OF THE ABOVE DESCRIBED PARCEL BEING THE CENTER LINE. LESS AND EXCEPT THAT PROPERTY DESCRIBED IN THAT QUITCLAIM DEED DATED JUNE 2, 2009 AND RECORDED JUNE 3, 2009 AS INSTRUMENT NO. 947541 IN BOOK 724 ON PAGE 433 IN THE OFFICE OF THE LINCOLN COUNTY CLERK. 268 LINCOLN LANE THAYNE, WICOMING 83127 MANUFACTURED HOME RIDER TO MORTGAGE, DEED OF TRUST OR OTHER SECURITY INSTRUMENT MH.RDR06 /11/09 Co6D923 -1 Page 1 of 3 min 100059600054951228 MANUFACTURED HOME RIDER TO MORTGAGE, DEED OF TRUST OR OTHER SECURITY INSTRUMENT THIS MANUFACTURED HOIvffi RIDER is made this 23rd day of October, 2014 and is incorporated into and shall be deemed to amend and supplement that certain Mortgage, Deed of Trust or Other Security Instrument (the "Security Instrument of the same date hereof given by the undersigned (the "Borrower(s) to secure Borrower's Promissory Note (or Manufactured Home Retail Installment Contract) to Universal American Mortgage Company, LLC, a Florida limited liability company (the "Note Holder of the same date hereof (the "No te"), and relating to the property described in the Security Instrument and located at: The following provisions are applicable to the Security Instrument, including those marked and completed (where applicable): 1. DESCRIPTION OF REAL PROPERTY. The description of the real property set forth in the Security Instrument is amended by the addition of the following: "Together with all improvements constructed upon, affixed to or located upon the above described real property, including without ]imitation any residential dwelling located upon or to be located thereon,which dwelling is or may be a manufactured home, as herein below described, which manufacturedhome is or upon placement and affixation shall be conclusively deemed to be real estate (the "Manufactured Home Make: CHAMPION HOMES Model: iv,nco Year Built: 1998 Length and Width: 50 x 27 No Certificate of Title has been issued Certificate of Title No. Make: Model: Year Built: Length and Width: No Certificate of Title has been issued Certificate of Title No. Serial Number: 16-98-494-6276 (L X W) 2. MANUFACTURED HOWIE AS PERSONAL PROPERTY SECURITY. The Note is also secured by a security interest in favor of Note Holder in the following described manufactured home ("Manufactured Home which is located an the real property described in the Security Instrument: Serial Number: (L XW) 0005495122 C06D923 11/21/2013 1 3. ADDITIONAL COVENANTS OF BORROWER(S) RELATING TO MANUFACTURED HOME. If Paragraph 1 has been marked and completed, Borrower(s) agree(s) to comply with all State and local laws and regulations relating to the affixation of the Manufactured Home to the real property described herein including, but not limited to, surrendering the Certificate of Title (if required), obtaining any governmental approval and executing any documentation necessary to classify the Manufactured Home as real property under State and local law. The Manufactured Home shall be at all times and for all purposes permanently affixed to and part of the real property described herein and shall not be removed from said real property. Borrower(s) covenant(s) that affixing the Manufactured Home to the real property described herein does not violate any zoning laws or other local requirements applicable to manufactured homes. If Paragraph 2 has been marked and completed, Borrowers) agree(s) and covenant(s) that the Manufactured Home is and shall remain personal property, severable and separate from the real property described in the Security Instrument, and agree(s) and covenant(s) not to take any action, or fail to take any action, which would result in a change in such status. 4. SECURITY AGREEMENT AND FINANCING STATEMENT. This Security Instrument shall be a security agreement granting Lender a first and prior security interest in all of Borrower's right, title and interest in, to and under any personal property "Personal Property which under and within the meaning of the applicable State laws is and cannot be classified and considered real property, if any. Personal Property shall also include the Manufactured Home described in Paragraph 2 hereof, if applicable. In the event of any foreclosure sale, whether made by Trustee or a substitute trustee, or under judgment of the courtor pursuant to a power of sale, all of the Property and Personal Property may, at the option of Lender, besold as a whole or any part thereof. It shall not be necessary to have present at the place of such sale thePersonal Property or any part thereof. Lender, as well as Trustee or any substitute trustee on Lender' s behalf, shall have all the rights, remedies and recourses with respect to the Personal Property afforded to a "Secured Party" by the applicable state laws in addition to and not in limitation of the other rights and recourse afforded Lender and/or Trustee or any substitute trustee under this Security Instrument. Borrower(s) shall, upon demand, pay to Lender the amount of any and all expenses, including the fees and disbursements of Lender's legal counsel and of any experts and agents which Lender may incur in connection with: (i) the malting and/or administration of this Security Instrument; (ii) the custody, preservation, use or operation of, or the sale or collection from, or other realization upon any property, real and/or personal, described in this Security Instrument; (iii) the exercise or enforcement of any of the rights of Lender under this Security Instrument; or (iv) the failure by Borrower(s) to perform or observe any of the provisions or covenants in this Security Instrument.. Lender may, at its election, at any time after the delivery of this Security Instrument, sign one or more copies of this Security Instrument in order that such copies may be used as a financing statement under the applicable State laws. Lender' s signature need not be acknowledged, and is not necessary to the effectiveness hereof as a deed of trust, a security agreement, or (unless otherwise required by applicable law) a financing statement. 5. RESPONSIBILITY FOR IlYTPROVEMENTS. Lender shalt not be responsible for any improvements made or to be made, or for their completion relating to the real property, and shall not in any way be considered a guarantor of performance by any person or party providing or effecting such improvements. 0005495122 MANUFA CTURED HOME RIDER TO MORTGAGE, DEED OF TRUST OR OTHER SI3;URrn INSTRUMENT MH.RDR 05/11/09 C06D923 -2 Page 2 of 3 CO6D923 11/21/2013 MANUFACTURED HOME R1DB2 MORTGAGE, DEED OF TRUST OR OTHER SECURITY INSTRUMENT MH.RDR 06/11/09 C06D923 -3 6. XNVALD) PROVISIONS. If any provision of this Security Instrument is declared invalid, illegal or unenforceable by a court of competent jurisdiction, then such invalid, illegal or unenforceable provisions shall be severed from this Security Instrument and the remainder enforced as if such invalid, illegal or unenforceable provision is not a part of this Security Instrument. Executed this 02 day of Olditz ae f Li 4(.0? (Seal) BMY SCR A Borrower (Seal) Borrower (Seal) Borrower 0005495122 CO6D923 Page 3 of 0 g (Seal) 11/21/2013