BAC Plaintiff, No Endorse, No Assign

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Ia. .D IV IS ION fC -D

IN THE CIRCUIT COURT OF THE FOURTH

JU DIC IA L C IR CU IT IN A ND FO R D UV AL C OU NTY , FLO RID A

CMLACTION

CASE NO.: t ) - Z O I l ' C A - r 0 ~ b 2 1

W illiam B . B ow master; The U nknow n Spouse of W illiam B lake B ow master a/kIa W illiam B. Bowm as te r; T he D ee rw oo d

Im provem ent A ssocia tion, Inc .; W ells Fargo B ank, N .A .; A ny and A ll U nknow n P arties C laim ing B y, T hrough, U nder, and

A gain st th e H erein N am ed In dividu al D efe nd an t(s) W ho A Ie N ot K no wn to b e D ead or A live , W he the r S aid U nk now n P arties

M ay C la im an In terest a s S po uses, H eirs, D evise es, G ran tee s, or O th er C laim ants; T en an t # 1, T en an t #2 , T en an t #3 , an d T ena nt

# 4, t he n am e s b ei ng f ic ti ti ou s t o a cc ou nt f or p ar ti es i n p os se ss io n, a nd a ll eg es :

MORTGAGE FORECLO SURE

I. T his is an in rem action to foreclose a m ortgage on real property(hereinafter 'P roperty ') located and situated in

Duv al County, F l or id a .

2 . O n June 30, 2003, there w as executed and delivered a Prom issory N ote ("N ote") and a M ortgage securing the

paym ent of the N ote . T he M ortgage w as recorded on July II, 2003, in O fficial R ecords B ook 11210 at P age 827 of the P ublic

R ec or ds o f D uv al C ou nty , F lo rid a, (A ll s ub se qu en t r ec ord in g r efe re nc es a re to th e p ub lic r ec ord s o f D uv al C ou nty , F lo rid a) a nd

m or tg ag ed th e r ea l a nd p er so na l p ro pe rty ( "P ro pe rty ") d es crib ed t he re in , th en o w ne d b y a nd in p os se ss io n o f th e M o rtg ag or (s ).

C op ie s o f th e o rig in al M o rtg ag e N ote a nd Mo rtg ag e a re a tta ch ed h er eto a nd in co rp ora te d h ere in a s a n E xh ib it.

3. P lain tiff is entitled to enforce the Prom issory N ote and M ortgage.

4. The P roperty is now owned of record by Defendant(s), Laura G reenburg Bowmaster a/kIa Laure G .

B owm as te r a nd W i llia m B la ke B owm as te r a /k Ia W i llia m B . B owm ast er .

5. The N ote and M ortgage are in default. The required insta llm ent paym ent of Septem ber 1 , 2010, was not

p aid , an d n o sub seq uen t p ay men ts h ave b ee n m ad e. T he M ortg ag e is co ntractua lly d ue fo r th e S ep te mb er I, 2 010 p ay men t. T he

la st p aym en t r ec eiv ed w as a pp lie d to th e A ug us t 1 , 2 01 0 in sta llm en t, a nd n o s ub se qu en t p aym en ts h av e b ee n a pp lie d to th e lo an .



•6. P lain tiff declares the fu ll am ount payab le under the N ote and M ortgage to be now due.

7. P lain tiff m ust b e pa id $38 2,5 06.0 4 in prin cip al on th e N ote an d M ortgag e, to ge th er w ith interest fro m A ugu st

1 ,2 01 0, l ate c ha rg es , a nd a ll c os ts o f c ol le cti on in cl ud in g t it le s ea rc h e xp en se s f or a sc er ta in in g n ec es sa ry p ar ti es t o t his a cti on

and r e asonab l e a t to rn ey 's f e es .

8. A U c ond ition s p reced en t to th e ac cele ratio n o f th e N ote an d fo reclosure o f th e M ortgag e h av e bee n p erfo rm ed

o r h a ve o c cu rr ed .

9. P lain tiff has reta ined the law firm of A lberteU i Law in this ac tion and is ob ligated to pay it a reasonab le fee

fo r its s erv ic es in b rin gin g th is a ctio n a s w ell a s a ll c osts o f c olle ctio n. P la in tiff s ha ll b e e ntitle d to a n a wa rd o f a ny fe es a nd c osts

i nc ur re d in t hi s a cti on b as ed o n t he t erm s o f th e i ns tr um e nt s u po n w h ic h t hi s a ct io n i s b as ed .

1 0. T he in terests o f each D efend an t are sub ject, sub ord in ate , an d in ferior to the rig ht, title , interest, an d lien of

P la in ti ff s M o rtg ag e, u nle ss a s o th er wi se p ro vid ed f or b y l aw .

II. Laura G reenburg B ow maste r aIk Ia L aura G . B ow master m ay have or claim an in terest in the P roperty that is

th e su bje ct o f th is F or ec lo su re a ctio n b y v irtu e o f a W a rra nty D ee d re co rd ed in O ffic ia l R ec ord s B oo kl1 21 0, P ag e 8 26 ; a F in al

J ud gm e nt o f D is so lu tio n o f M a rr ia ge r ec or de d in O ff ic ia l R ec or ds B o ok 1 54 79 , P ag e 1 37 8, o r m a y o th er wi se c la im a n i nt er es t inth e P rope r ty .

12 . W illiam B lake B ow master a IkIa W illiam B . B ow master m ay have or c laim an interest in t he P ro pe rty t ha t is

th e su bje ct o f th is F or ec lo su re a ctio n b y v irtu e o f a W a rra nty D ee d re co rd ed in O ffic ia l R ec ord s B oo kl1 21 0, P ag e 8 26 ; a F in al

J ud gm e nt o f D is so lu tio n o f M a rr ia ge r ec or de d i n O ff ic ia l R ec or ds B o ok 1 54 79 , P ag e 1 37 8, o r m a y o th er wi se c la im a n i nte re st i n

th e P rope r ty .

13 . The Deerw ood Im provem ent Association , Inc. m ay have or claim an in terest in the Property that is the

s ub je ct o f th is F ore clo su re a ctio n b y v irtu e o f a ny lie n file d p urs ua nt to th e D ec la ra tio n o f C ov en an ts a nd R estric tio ns a nd a ny

am en dm e nt s th er et o, o r m a y o th er wi se c la im a n in te re st i n th e P ro pe rt y.

14 . W ells Fargo B ank , N .A . m ay have or claim an interest in the Property that is the sub jec t o f th is Foreclosure

actio n by virtue o f a M ortg ag e reco rd ed in O fficial R eco rds B ook 1 121 0, P age 8 47 , o r m ay o th erw ise claim an in te rest in th e

Property.

15 . The Unknown Spouse of Laura G reenburg Bowm aster a IkIa Laura G . B owm aster m ay have or claim an

in te re st in th e P ro pe rty th at is th e su bje ct o f th is F ore clo su re a ctio n b y v irtu e o f h om e ste ad rig hts , p os se ss io n, o r a ny rig ht o f

r ed emp ti on , o r m a y o th er wi se c la im a n in te re st in t he P ro pe rty .

16. The Unknown Spouse of W illiam B lake Bowm aster aIk Ia W illiam B . Bowm aster m ay have or claim an

in te re st in th e P ro pe rty th at is th e su bje ct o f th is F ore clo su re a ctio n b y v irtu e o f h om e ste ad rig hts , p oss es sio n, o r a ny rig ht o f

r ed emp ti on , o r m a y o th er wi se c la im a n in te re st in t he P ro pe rty .

17 . Tenant #1, Tenan t #2, Tenan t #3 and Tenan t #4, th e na mes be in g fictitio us to acco un t fo r parties in

p os se ss io n w ho m ay c la im s om e in te re st in th e P ro pe rty th at is th e s ub je ct o f th is fo re clo su re a ctio n b y v irtu e o f a n u nre co rd ed

lease or purchase op tion, by v irtue of possession , or m ay otherw ise claim an in terest in the P roperty . The nam es of these

D e fe nd a nt s a re u n kn own t o t he P la in ti ff .

WHEREFORE , P la in tif f r eq ue st s t ha t t he C o ur t a sc er ta in th e amou nt d ue P la in tif f f or p ri nc ip al a nd i nt er es t o n th e N o te

a nd M o rt ga ge a nd f or l at e c ha rg es , a bs tr ac tin g, t ax es , e xp en se s a nd c os ts , i nc lu di ng a tt or ne y's f ee s, p lu s i nt er es t t he re on ; th at i f

th e s um s d ue P la in tiff u nd er th e N ote a nd M o rtg ag e a re n ot p aid imm ed ia te ly , th e C ou rt fo re clo se th e M o rtg ag e a nd th e C le rk o f

th e C ou rt s ell th e P ro pe rty s ec urin g th e in de bte dn ess to sa tisfy P la in tiffs m o rtg ag e lie n in a cc ord an ce w ith th e p ro vis io ns o f

S ec tio n 4 5.0 31 , F lo rid a S ta tu te s (1 99 9); th at th e rig hts , title a nd in te re st o f a ny D efe nd an t, o r a ny p arty c la im in g b y, th ro ug h,

u nd er o r a ga in st a ny D efe nd an t n am ed h ere in o r h ere af te r m a de a D efe nd an t b e fo re ve r b arr ed a nd fo re clo se d; th at th e C ou rt



0"3 - I . ) c l . . .O\ .U5- '.

. - - - - - ~ . . . . - - - - . - -.- -Book 11210 Page 827

; / R E C O R D A N D R E T U R N T O :

."" Re turn To: COMMERCE T ITLE COMPANY.,. DD IIS /l1JIpo } S O ' I I I f i ~ , i*Metropo~tanTitle & Guaranty Co.

6~t1 ..... ~ 80lrhI 100 Southpo in t Bu i ld ing

~ .. ~ 6620 South point Drive Sou th , ' 400, Jacksonville , Flor ida 32216

Thi s d oc ument wa s p re pa re d by :

WBLLS FARGO HOMB KORTGAGB, INC.

1 : 1 : 'i~<M.~2264Piles:827 - 846F i r e d & R e c O N H

0 7 / 1 1 1 2 0 0 J 0 2 : 5 1 : 1 5 P f t

I I I F U l. l £ Ra . E R K C I R C U I T C O U R TI IW I I . C 8 U I t T Y

R E C O R t I N & $l R t l S T F U I f I $

I I O R T 6 A 6 E 1 1 M : S T tI N T A N G I B lE T A X $

620 N WYMORB RD , STB 200,

HAITLAND, rL 327510000

:=:lCARBH~II!. . . . l&GOI~L~P.:!!:OYL~B!.. ,_SpICelloyebI s lJDe Fore c G r d i D ID&I8II----------

MORTGAGE

DEFINITIONS

Words u se d in m ultip le se ctio ns of th is d oc um en l a re d efin ed b elo w an d o ther w ord s are d efined in

Sections 3, 11. 13. 18. 20 an d 2 1. C erta in ru lc s re ga rd in g th e u sa ge o f w ord s u se d in th is d oc um en t a realso provided i n S ec ti on 16.

(A) "Secwity In strume nt" m ea ns t his d o cumenl. wh ic h is d al ed JUNB 30, 2003

t oge the r w i th a ll R ide rs to this document.

(8) "Bo r r owe r " i sWILLIAK B. B OW KASTB R AN D LAUR A G. BOWMASTIR , HUSB AN D AND

WIFB

Bo rrow er is th e m on gagor under this Security Instrument,

(C ) " Le nd er" is WELLS PARGO ROMB IIORTGAGB, mc.

Lender i s aCORPORA 'l 'ION

organized and existing u nd er the law s of TRB STATB or CALIPORNIA

0026201103

F LO R ID A-S in gle F am ily 'F an nle M I./l'fld d lt M tc U NIF OR M IN ST RU M EN T

- - 8 1 F L l c o c o s l J\l)~P'Ije 1 0118 lnililll~

VMP MORTGAGE FO Il to ilS - t ; 0 9 1

FDrm3010 1101

8 1 . 0 01 0 . 5 0

1 , 5 1 2 . 0 08 6 4 . 0 0



~ -6IFU 100051 P.... Zot1" Form 3010 1101

• . -Book 11210 Page 828

Lend~'sadd~s~ P.O. BOX 10304, D BS K OXN BS . IA 503060304

Lende r i s t he mo rt ga ge e u nd er t bi s S ec ur it y In st rumen t.

(D ) " No te " m e an s the promissory DOle signed by Borrowe r and da tedJUNI 30 . 2003

The Note sta te s th at B orr ow er owe s L en de r FO UR B ON DR BD '1 'IIIR TY TWO TH OU SA ND All]) 00/100

Dollars

(U .S. S ****432 ,000 .00 ) p lu s i nt er es t. B o rr owe r h as promised to p ay th is d eb t in re gu lar P er io dic

P aym ents an d to p ay th e debt in full nOllater than Jt1LY 01, 2033

(E ) "Property" m eans the property that is described below under the heading "T ransfer of R ights in the

Property."(F) " L o a n " m e a n s th e d eb t e vi de nc ed b y th e No te . p lu s interest. a ny p re pa yment c ha rg es a nd l at e c ha rg es

du e un der the N ote. an d all sums du e under t hi s Se cu ri ty I ns trumen t. p lu s int eres t.

(G) "Rldm" means all R id er s to th is S ec ur ity In str um en t th at a re e xe cu te d b y B orr ow er. T he f ollowin g

Riders are to b e e xe cu te d b y B orr ow er [ ch ec k b ox as applicable):

DAdju stab le Ra te Ride r DCondomin ium Ride r DSecond Home R id er

DBa lloon Ride r [iJP la nn ed Un it De ve lo pment R id er D - 4 Fam i ly R id er

D A Rider 0Biweekly P a y m e n t Rider DOther(s) [specify)

(H) "A ppU cable L aw " m ean s all con tro llin g ap plicab le federal, stale and local statu tes. regu latio ns,

o rd in an ce s a nd a dm in istr ativ e r ul es a nd o rd er s (t ha t h av e th e e ffe ct o f Ja w) a s well as a ll a pp li cable f in a l.

non-appea lab le jud icia l op in ions .

(I) "Commun it y As so ci at io n D ues, Fee s, a Dd Assessments" means a ll d ue s, f ee s. a sse ssme nts a nd o th er

charges that are im posed on Borrow er or the Property by a condom inium association, hom eow ners

a ss oc ia tion o r s im i la r o rg aniza tion .

(J) "Electronic Funds Transfer" m e a n s any transfer of funds, other Iban a transaction originated by

check , draft. o r sim ilar p aper in stru men t, w hich is i ni ti at ed t hr ou gh a n e le ct ro ni c tenninal, telephonic

inst rument. compute r . or magnetic tape s o a s t o o rd er . in str uc t, or a ut ho ri ze a f in an ci al i ns ti tu ti on t o d eb it

or credit an account. S uch term includes. but is DO t l im it ed t o, p oi nt -o f- sa le t ra ns fe rs , a ut oma te d t el le r

m ach in e transaction s. tran sfers in itiated b y teleph on e. w ire tran sfers, an d automa ted c le ar inghou se

transfers.

(K) "E scr ow Items " m ea ns those i tems that a re d es cr ib ed i n S ec ti on 3.

(L) "MiscdlaneoWl Proceeds" means a ny c ompe ns at io n. s ettleme nt, a war d o f d am ag es, o r proceeds paid

bya ny th ird p an y (other t han insuranc e p roc eed s

paidu nd er t he c ov er ag es d es cn 'b ed i n S ec ti on

5)for:

(i)

dam age to , o r d estru ction o f. the P rop erty: (ii) condem nation or other taking of all or any part of the

Property; (iii) con vey an ce in lieu o f con dem nation : or (iv ) m isrepresen tation s of, o r om ission s as to . the

v al ue a nd /o r c on di ti on o f t he P ro pe rt y.

(M) "Mor tg ag e In su ra nc e" me an s i ns ur an ce p ro te ct in g Lend~ a gai nst th e n on pa ym en t o f. o r d efa ult on.t he Loa n.

(N) " Pe rio dic P aym en t" m ean s t he re gu la rly sc be du led amo un t du e fo r (i) p ri nc ip al a nd i nt er es t u nd er th e

No te , p lu s (ii) a ny amount s u nd er S ec ti on 3 o f t hi s S ec ur it y I ns tr ument .



(City). Florida 32256 ( Z ip Code }

6•.,. .

Book 11210 Page 829

(0 ) ItR ES PA " mea ns th e R ea l E sta te S ettlem en t P ro ce du re s A ct ( 12 U .S .C . Section 2601 et seq.) and its

im plem enting regulation , R egulation X (24 C .F .R . Pan 3500), as they m ight be am ended from tim e to

tim e, or any ad ditional o r successor legislation o r ~ gulation th at gov erns the same su bje ct m aUer . A s used

in th is S ec ur ity In strumen t. " RESPA" re fe rs to a ll requ i~ments a n d r es tr ic tion s tha t a re imposed i n r eg ar d

to a "federally related m ongage loan" even if th e Lo an does no r qualify as a "federally related m ortg ag e

lo an " u nd er RESPA .

(P) " Su cc as or in In te re st o r Borrower " means any party th at h as taken title to th e Property, wheth er o rn ot th at p an y h a s a ssumed Bo rrowe r' s obl ig at ion s under th e Note andlor this Security Inst rument

TRA NSFER O F RIGH TS IN TH E PROPERTY

Th is Secu ri ty I ns trumen t secures to L ender: (i) the re pa ym en t o f th e Loan, an d al l renewals . ex tensions an dmodificatio ns of the N ote; an d (ii) the perfon nm ce o f B orrow er's co venants an d a gr eem en ts u nd er th is

Security Inst rument a n d th e Note. F or th is p urp ose , B orr ow er d o e s h er eb y mon ga ge , g ran t an d co nv ey to

Len de r. t he f ol low in g d es cr ib ed p ro pe ny l oc at ed in theCOtJltTY IType o f Reco rd ing Jurisdicllonlof DUVAL (Name of Reotordin, Jurisdiction):

SEE A'l"l'ACBMBNT•A·

THIS IS A PURCHASB KONBY SBC1JRITY IHSftUKBN'l'.

TAX STATEHBN'l'S SlIOULD BB SBN'l' TO I 1fBLLS PARQO HOD IfOJtTGAGB. IH'C.. P.O.

BOX 10304, DES MOINBS, IA 503060304

P ar ce l ID Numbe r:8130 BAHIA BLAHCASnBBT

JACJtSONVILLB("Proper ty Address" ) :

which current ly has th e a dd res s o f(Slrecl)

TOGETHER WITH all the improvements now or hereafter erected on the property, and all

easem ents, appunenances. and fixtures now or hereafter a pan of the propeny. A ll replacem ents a n d

ad ditio ns sh all a lso be covered by this Security Instrum ent. A ll of the foregoing is referred to in this

S ec ur ity In str um en t a s th e • P ro pe ny . "

.. ·SIR ., 100051

•Form 3010 1101



• ...6IR) 100051PIG.' all' Fo rm 3010 1/01

•Book 11210 Page 830

BORROW ER COVENANTS that Borrower is lawfully seised of th e e sta te b ere by c on ve ye d a n d ha s

the right to mortgage, grant and convey the Propeny an d that the Property is unencum bered, except for

encum brances of record. B orrow er w arrants an d w ill defend generally the tide to the Property against all

claim s and dem ands, subject to any encum brances of record.

THIS SECURITY INSTRUM ENT combines uniform covenants for national us e a nd non- un if orm

covenan ts w ith lim ited variations by ju risd ictio n to constitute a u ni fo rm s ec ur ity instrumem c ov er in g re al

property.

UN IFORM CO VENAN TS. Borrower an d L en de r c ov en an t and a gr ee a s follows:

t. Payment of PriDdpal, lattrest, Escrow Items, Prepayment Charges . aod Lale Charges.

Borrower shall pay when due the principal of, a n d in te re st o n, th e debt evidenced by the Note and anyp re pa ym en t c ha rg es an d late charges due under the Note. Borrower shall also pay funds for Escrow Item s

pursuant to Section 3. Payments due under the Note and this Security Insln lment shall be m ade in U.S.

currency. How ever, if any check or other instrum ent received by Lender as paym ent under the Note or this

Security Instrument is returned to Lender unpaid. Lender may require that any or all subsequent paym ents

due under the Note and this Security Instrummt be made in one or more of the following form s, as

selected by Lender: (a) cash; (b) money order; (c) certified cbeck. 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 ag ency. instrum entality. or entity; or (d ) E lectron ic F un ds Transfer.

Payments are deemed received by Lender when received al the location designated in the Note or at

such other location as may be designated by L e n d e r in accordance w ith lhe notice provisions in Section IS .

Lender may return any payment or partial payment if the payment or partial payments are insufficient to

bring the Loan current. Lender may accept any payment or partial payment insufficient to bring tbe Loan

current. w ithout w aiver of any rights hereunder or prejudice to i ts r ig h ts to refuse such pay ment or partial

payments in the fulure, but Lender is not obligated to a pp ly such payments at the lim e such payments are

accepted. If each Periodic Paym ent is applied as of its scheduled due date, then Lender n e e d not pay

interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payment to bring

the Loan current. If Borrower does not do so with in a reasonable period of tim e. Lender shall either apply

such funds or return them to Borrower. If not applied earlier, such fun ds w ill be a pp lie d to th e o uts ta nd in g

principal balance under the Note immediately prior to foreclosure. No offset or claim which Borrower

m ight have now or in the future against Lender shall relieve Borrower from making paym ents due under

th e N ote an d this Security Instrum ent or perronning the covenants and agreem ents secured by this Security

Instrument.

2 . A pp lie at io o of Payments or Procetds. Except as otherw ise described in this Section 2. all

p aym en ts a cc ep te d an d applied by Lender shall be applied in the follow ing order of priority : (a) interest

due under the Note; (b) principal due under the Note: (c) amounts due under Section 3. Such paymentsshall be applied to each Periodic Payment in the order in which it became due. Any remaining lJOOunts

shall be applied first to late charges. second to any other amounts due under th is Security Instrum ent. and

then to reduce the principal balance of the N ote.

If Lender receives a paymenl 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 paym ent a n d

the lare charge. If m ore than one Periodic Paym ent is outstanding, Lender m ay apply any paym ent received

fro m B orrow er 10 the repayment of the Periodic Payments if. and to the extent that, each payment

---------



_'6(FLJ 100051 "-g. a al1S Form 3010 1/01

u. . •" Book 11210 Page 831

can be paid in full. T o th e extent that an y ex cess exists after the payment is applied to the full paym ent of

one or more Periodic Payments, such excess m a y be applied to any lale cbarges due. Voluntary

prepayments shal l be a pp lie d f ir st t o any prepayment charges a n d then as des cr ib ed in th e Note.

Any a pp li ca ti on o f p aymen ts . insurance p ro cee ds, o r M isc ella ne ou s P ro ce ed s to p rin cip al d ue u nd er

the N ote shall not exten d or po stp one the due date. or change the amoun t. o f t he P er io di c P aymen ts .

3. F un ds ro r E sc row I lem s. B orro wer shall pay to Lender on the d ay P erio dic P aym en ts are du e

under the N ote, until the N ote is p aid in full, a sum (the "Funds·) to provide for paym ent of am ounts due

fo r: ( a) tax es an d a ssessmen ts a nd Other items which ca n a tt ai n p ri or it y o ve r t hi s S ec ur it y In st rumen t as a

l ie n o r encumbrance on the P roperty: (b) leaseho ld paym ents or ground rents on th e Proper ty, if any; (c)

prem ium s for any and all insurance required by Lender under Section S: an d (d ) Mon gag e In su ra nc epremiums, if any, or any sums payable by Borrower to Lender in lieu of !h e paym en t of M ong age

In su ran ce p remiums in accordance w ith the provision s of S ectio n 10 . The se items are c al le d "Esc row

hem s.' A t origination or at any t ime during the term of t h e Loan, L en de r m ay re qu ire th at C ommun ity

A ssociation D ues, Fees. and A ssessm ents. if any, be escrow ed by B orrow er, and such dues. fees and

a s s e s s m e n t s shall b e an E scro w Item . B orrow er shall prom ptly furnish to L ender all notices of am ounts to

be p aid u nder this S ection. B orrow er shall pay L end er th e fu nds for E scrow Item s unless L end er w aives

Borrower's obligation to pay the Funds for a n y or al l Escrow I t e m s . L en der m ay w aive B orrow er's

obligation to pay to L ender Funds for any or all Escrow Item s at any lime. Any such w aiver m ay only be

in w riting. In the event of such waiv er . B orr ow er sh all p ay d ire ctly . w he n a nd wher e p ay ab le, th e amo un ts

due for any E scrow Item s for w hicb paym ent of F unds ha s been waived by Lender and , i f Lender requ ires .

s ba ll f ur ni sh t o Len de r r ec ei pt s e vi de nc in g such paymen t w i th in such t ime per iod as Lende r may r eq ui re .

B orrow er's obligatio n to m ak e such paym ents and to provide receip ts shall for all purposes be deem ed to

be a c ov en an t a nd a gr eement c on ta in ed i n t hi s S ec ur it y I ns lr ument . as t he ph ra se · covenan t an d agreement-is u s e d i n Sec tion 9. If B orrow er is obligated to pay Escrow Item s direaly, pursuant to a w aiver. an d

B orrow er fails to pay ihe am ount due for an E scrow Item . L en der m ay exercise its righ ts un der Section 9

and pay such am ount and B orrow er shall then be obl ig at ed under Sec tion 9 to repay to Lender any such

am ount. L ender m ay revo ke the w aiver as 10 any or all Escrow Items at any time by a notice given in

a ccordance wi th Sec tion IS and . upon s u c h revocation, B orrow er shall pay to Lender all funds. and in

s uc h amount s, t ha t ar e t he n r eq uir ed u nd er th is S ec ti on 3.L en de r m ay , a t an y tim e, co lle ct and h old F un ds in an amo un t (a ) su ff ic ien t to p en nit L en de r to apply

t he Fun ds a t the tim e specified u nder R ES PA . a n d (b) no t to exceed th e m a.,;im um amou nt a len der ca n

require und er R ES PA . L ender shall estim ate the amount of Funds due on th e b asis o f current data an d

re aso nab le e stim ate s o f e xp en ditu re s o f f utu re E sc row Items o r o th erw ise in accordan« ' wi th Appl ic ab le

Law.

The funds shall be held in an institution whose deposits are insured by a federal agency.

i ns tr ume nt al it y. o r e nt it y ( in cl ud in g Len de r. i f L en de r i s a n i ns ti tu ti on whos e d ep os it s ar e so insured) or in

an y F ed era l H ome Loa n Bank. Lende r s ha ll a pp ly th e Fu nds to pay the E scrow Item s no later than t he t ime

specified under R ES PA . L en der sball not charge B orro wer for holding an d applying the F und s. annually

a na ly zi ng th e e sc row a cc ou nt . o r v er if yi ng the E sc row Items. u nle ss L en der p ay s B orr ow er in te re st o n the

Funds and Appl ic ab le Law p en ni ts L en de r lO make such a (harge. U nless an agreem en t is m ad e in w riting

o r App lica ble L aw r eq uire s in te re st to be paid on the Fu nds. L en der shall not be r eq ui re d t o p ay Bor rower

any interest or earnings on the Fun ds. B orrow er an d L en der can agree in W ritin g, how ever. that interest





"Book 11210 Page 833

If B orrow er fails to m aintain any of the coverages described above, L ender m ay obtain insurance

coverage, at L ender's option and B orrow er's expense. Lender is under no obligation to purchase any

particular typ e or am oun t of cov erage. T herefore, such cov erage sh all cov er L ender, but might or m ight

not protect B orrow er, B orrow er's eq uity in th e P ropen y, o r the contents of the P roperty, against any risk,

h az ar d o r l ia bil it y a n d m ig ht p ro vid e g re ate r o r le sse r c ov era ge t h a n was p rev io usly in e ff ec t. B orr ow er

acknow ledges th at th e cost of the in surance coverage so ob tained m igh t significantly exceed the cost of

in su ran ce th at B orrowe r c ou ld h av e o bta in ed . Any amo un ts d isb ur sed b y L en der u nd er th is S ec tio n S shall

b ec om e a dd itio nal d eb t o f B or rower sec ur ed b y th is S ec urity In strume nt T he se amo un ts sh all b e a r interest

at the N ote rate from th e d ate of disbursem ent a n d shall be p ay ab le , w ith su ch in te re st, u po n n otice f rom

Lende r t o Bor rowe r r eq ue st in g p aymen t.A ll in su ra nc e p olic ies re qu ire d b y L en de r a n d re new als o f su ch p olicie s sh all b e su bje ct to L en der 's

right to disapprove such policies, shall include a standard mortgage c laus e, a n d shall nam e L ender as

m ortgag ee and/or as an additional loss payee. L ender shall hav e the rigbt to ho ld the po licies and renew al

c ertific ate s. If L en de r re qu ire s, B orr ow er sh all p romp tly g iv e to L en de r all r ec eip ts o f p aid p rem iums a nd

r en ew al n otic es. If B orr ow er o bta in s a ny fo nn o f in su ra nce c ov era ge , not o th erwi se r eq ui re d b y Len de r.

for dam age to, or destruction of, th e P roperty, such policy shall inclu de a stan dard m ortgage clause an d

sh all n am e L en de r as mor tg ag ee a nd /o r as an a dd itio na l lo ss p ay ee.

In the event of loss, B orrow er shan give p rom pt notice to the insuran ce carrier a n d Lende r. L en de r

m ay m ake proof of loss if not made p romp tly b y B orr ow er. U nle ss L en der a n d Borrowe r o th erw is e agree

in w ritin g, a ny in su ran ce p ro ce ed s. w heth er o r not th e u nd er ly in g in su ra nce w as re qu ire d b y L en de r, sh alt

be ap plie d to r esto ratio n o r r ep air o f th e P ro per ty , if th e r esto ratio n o r r ep air is e conomic al ly fea sibl e and

Len de r's s ec ur it y is no t l es se ne d. Dur in g s uc h r ep ai r a n d re slo ra tio n p erio d, L en der sh all h av e th e rig bt to

ho ld such insurance p roceeds until L en der bas h ad an opportunity to insp ecl such Property to ensure th e

w ork has b e e n com pleted to L en der's satisfaction, provided that such inspection sh all be u nden aken

p romp tly . L en der m ay d isb urse p ro ce ed s fo r th e r ep airs a n d restoration in a single p aym ent or in a series

of p rogress paym ents as the w ork is com pleted. U nless an ag reem ent is m ade in w riting or A pp licab le L aw

requ ires int eres t to be paid on such insurance proceeds, U nder shall not be required 10 p ay B orrowe r a ny

interest or earnings on such proceeds. F e e s for public adjusters, or other third parties, retained by

B orrow er shall no t be paid o ut of the insu rance p roceeds a n d shall be lh e so le o blig atio n o f B or rower . If

t he r es to ra ti on o r r ep ai r is n ot e co nom ic al ly f ea si bl e o r Len de r's s ec ur il y wou ld be lessened, th e insurance

p roce ed s sha ll be applied to the sum s secured by this S ecurity Instrum ent. w hether o r not then due, w ith

th e e xc ess, if a ny , p aid to B or rower . S uc h in su ra nce p ro cee ds sh all be app li ed in th e o rd er p ro vid ed f or in

Sect ion 2 .

If B orrow er abandons the P rop erty , L ender m ay file, nego tiate and settle any available insuranceclaim and related m atters. If B orrow er does not respond w ithin 30 days to a notice from Lender dlat theinsurance ca rr ie r b a s o ff er ed to se ttle a cla im , th en L e n d e r may n eg ot ia te a nd s et tl e th e cla im. T h e 3()"dayperiod will begin w hen the notice is given. I n either event, or if L ender acqu ires the P roperty underSection n or otherw ise, B orrow er hereby assigns to Lender (a) B orrow er's rights to any insuranceproceeds in a n amount nO I to exceed th e am ou nts unpaid und er th e N ote or this S ecurity In strum ent, an d

(b) any other of Borrow er's rights (other than the right to any refund of unearned prem ium s paid byB or rower ) u nd er all in su ran ce p olicie s c ov erin g th e P ro pe rty , in so fa r a s su ch rig hts ar e a pp lica ble to th e

co ver ag e o f th e P ro per ty . L en der m ay u se the insurance p r o c e e d s eith er to re pa ir o r r esto re th e P ro pe rty o rto p ay amo un ts u np aid u nd er th e Note o r th is S ec urity In strume nt, w heth er o r no t t hen due.

_-6fFL'IOOOSl Fonn3010 1/01.70111



""

Book 11210 Page 834

6. O ccup ancy. B orro wer shall o ccu py , establish , a n d use the Property as B orrow er's principal

residence within 60 d ay s a fte r th e ex ecu tio n o f th is S ec ur ity In strume nt and shall co ntin ue to occup y th e

Property a s Borrowe r' s p rinc ip a l r e s i d e n c e for at least o n e yw after th e d ate of o ccu pan cy . un less L en der

o therw ise agrees in w riting , w hich co nsen t shall not b e u nreason ab ly w ith held. o r un less eX leIlU aling

c ir cumst an ce s e xi st wh ic h a re b ey on d Bo rr ower 's c on tr ol .

7 , P res er va tio n, M aJn te aa nc:e 8 IId Protectioa or tbe Property; ID sp ec lio ns. B or rowe r s ha ll n ot

destroy, dam age or im pair the Property. allow the Propeny to dereriom e or conunit w aste on th e

Property. Whe t he r or no t B orrow er is resid ing in the P ro perty, B orro wer shall m ain tain the Proper t y in

o rd er to p re ven t th e P ro per ty f rom d eIe rio ra tin g or d ecreasing in v alue du e to its cond ition . U nless it is

determined pursuant to Section 5 th at rep air or restom ion is no t eco nomically feasib le, B orrow er sh allprom ptly repair the Propeny if dam aged to avoid further deterioration or dam age. If insurance or

c o n d e m n a t i o n proceeds a r e paid in conn ection w ith d am age to, or th e takin g o f, the P rop eny, B orro wer

shall be respo nsib le fo r rep airin g or restoring th e P roperty o nly if L end er bas released p ro cee ds fo r su ch

p ur po se s. L en de r ma y d is bu rs e p r o c e e d s fo r the repa irs and resto ra t ion in a single paym ent or in a series of

p ro gr ess p ayme nt s as th e w or k is comp le ted . If t he i lUl lr an ce o r condemna tion proceeds a re no t s uf fi ci en t

to rep air or restore th e P ro perty, B orro wer is D ot relieved of B orrow er's o blig atio n for the co mp letion of

s uch repa ir o r res to ra tion .

L ender or its agent m ay m ake reasonable entries upon and inspections of the Propeny. If it has

r ea so nab le c au se , L en de r m ay in sp ec t th e in ter io r o f th e im pr ov em en ts o n th e P ro pe rty . L en de r s ha ll g iv e

B orro wer no tice at the tim e of or prior to s u c h a n i nt er io r ins pe ct ion spe ci fy ing such rea sonab le c a u s e .

S. B orrow er's Loan A pplicatio.. B orrow t'r shall be in def8\llt if, during the Loan application

process, B orrow er or any persons or entities acting at the directio n of B orro wer o r w ith B orro wer's

k now le dg e o r c on se nt g av e ma te ri al ly f al se , m is le ad in g, o r i na cc ur at e i nf ormat io n o r s ta temen ts t o Len de r(or failed to provide Lender w ith m aterial inform ation) in connection w ith the Loan. M aterial

r ep re se nt at io ns i nc lu de , b ut a r e not lim ited to , r ep res en ta tio ns co nc ern in g B or rowe r's o cc up an cy o f th e

P ro pe rt y a s Bo rr owe r's p ri nc ip al residence.

9 , P ro tec ti on of Lende r' s I nt er es t iD th e P ro pe rty aDd R ig hts U nd er tbis Seeuri ty Inst rumeot . If( a) Bor rower f ai ls 10 per fo rm the covenan ts a n d agreements conta ined in th is Securi ty Inst rument , (b) there

is a le ga l p ro ce ed in g that might s ig ni fi ca nt ly a ff ec t Lmdt r's i nt er es t in th e P ro pe rty an d/o r r ig hts u nd erth is S ecu rity In str um en t ( su ch as a p ro ce ed in g in b an kr up tc y, p ro ba te , fo r c on demna tio n o r fo rfe itu re , fo renforcem ent of a lien which m a y attain priority over this Security Instrum ent or to enforce law s orregu latio ns), or (c) B orrow er has aband on ed the P rop erty , th en L en der m ay do a n d pay for w hatcver isr ea so na bl e o r a pp ro pr ia te to p ro te ct L en de r's i nt er es t in th e P ro pe ny an d rig hts u nd er th is S ecu rityI ns tr ument , i nc lu di ng p ro te ct in g a nd /o r a ss es si ng t he v al ue o f t he P ro pe rt y, a n d s ecur ing and lo r repai ringth e P ro peny . L ender's action s can includ e. b ut arc not lim ited to: (a) p ayin g any sum s secu red by a lien

w hich h as p rio rity ov er th is S ecu rity In sU 'Um ent; (b) a pp ea rin g in c ou rt: and (C) pay ing rea sonab lea tt or ne ys ' f ee s t o p ro te ct i ts i nt er es t i n th e P ro pe ny a nd Io r r ig ht s u nd er t hi s S ec ur it y In Sl rwn en l, i nc lu di ngits secured p ositio n in a bank ru ptcy p ro ceeding. S ecurin g the P ropen y inclu des, bu t is not l im i te d t o,e nte rin g th e P ro pe rty to m ak e r ep air s. c han ge lo ck s, re pla ce o r board up do ors and w indo ws. drain Waler

f rom p ip es, e lim in ate b uild in g o r o th er code v io la tion s o r dangerou s cond it ion s, a n d have u ti li ti es turnedon o r o ff. A lth ou gh L end er m ay tak e action un der this S ection 9, L en der d oes not have to do so and is not

u nd er an y d uty or o blig ation to do so . It is ag reed th at L en der incurs DO liability fo r no t takin g any or alla ct io ns a ut ho ri ze d u nd er t hi s S ec ti on 9 .

Q.6CFLJ 100051 Fotm 3010 1/011g,.0115





(b) A ny SU (b agreements will not affect tbe richts Borrower bas • if aa1 • with resped to tbeMor tgage I nsur aa e e UDder tbe H om eo wners Protection A d o f 1998 or any o the r law. 1bese rigbtsmay include the right to receive c er ta in d is closures , to re qu est aad ob tain ean cella tio n or theMor tg age ID su ranee , to h av e th e Mo rtg ag e IDsuraace t e rmiaa ted au tomat ica ll y , and/or to receive are ru nd o r a ny M ortg ag e I nsu rance p rem iums that w ere u nearn ed a t th e time or such cancellation ortermination.

II. Assignment of Misce ll an eou s P roc eed s; Fo rfeiture. A ll M iscellan eous Proceeds are herebya ssig ned to an d sh all b e p aid to L en de r.

If m e P ro per ty is d am ag ed , su ch M isc ella neo us Procmls shall be applied to resto ration or repair ofthe P roperty. if th e restoratioD or repair is econ om ically feasible and L en der 's sec urity is n ot lesse ne d.Dur in g s uc h r ep ai r an d restoration period, Lende r s ba ll h av e t he r ig ht t o h old s uc b M is ce ll an eo us P ro ce ed s

u nt il L en de r ba s ha d an opponu nity to inspect sucb Propeny to ensure the w ork has been com pleted toLen de r's s at is fa ct io n, p ro vi de d t ha t s uc h i ns pe ct io n s ha ll b e u nd er ta ke n p f'On 1) lly . L en de r ma y p ay f or t herepairs an d restoration in a single disbursem ent or in a series of progress paym ents as th e work isc omple ted . U nless an ag reemen t is made in w ritin g o r App lic ab le L aw re qu ire s in te re st to be paid o n suchM isc ella neo us P ro ce ed s, L en de r sh all n ot be required to pay B orrow er any interest or earnings on suchM is ce ll an eo us P ro ce ed s. If t he r es to ra ti on o r r ep ai r i s D O l e co nom ic al ly f ea si bl e o r Len de r's s ec ur it y woul dbe les sened, the Misc el la neou s P r o c e e d s sh all b e a pp lied to th e s ums s ec ur ed b y t hi s S ec ur it y In st rumen t.w hether or not then due. w ith the excess, if any. paid to Bor rowe r. S uc h M is ce ll an eo us P ro ce ed s s ha ll b ea pp li ed i n th e o rd er p ro vid ed f or in S ectio n 2 .

In the event of a total taking. destruction. or loss in value of the PropertY . the MiscellaneousP roceeds shall be applied to th e su ms s e c u r e d by this S ecurity In strum ent, w hether or DOtthen d ue, w ith

th e e xce ss. if an y, p aid to B orr ow er.

In the even t of a p artial taking. destructio n, or loss in value of the P roperty in w bich th e fair marketvalue of th e P ropeny immediately before the partial taking. destruction, or loss in value is equal to or

greater th an the am ount of the su ms secured by this S ecu rity Instrum ent imm ediately befo re the partialtaking. destruction. or loss in value. unless Borrow er and L ender otherw ise agree in w riting. the sum ssecured by this Security Instrum ent shall be reduced by Ihe amount of th e Miscel la neou s P roce ed sm ultiplied by the follow ing fraction: (a) the total am ount of the sum s secured immediately before thep ar ti al t ak in g. d es tr uc ti on , o r l os s in v al ue d iv id ed by ( b) t he f ai r mar ke t v al ue o f t he P ro pe rt y i nu ne di at el yb efo re th e p artia l ta kin g. d estru ctio n. o r lo ss in v alu e. A n:y b alan ce sh all b e p aid to B orr ow er.

In the even t of a p artial taking. destruction. or loss In value of th e PrOper ty in wh ich th e fair marketvalue of the Property imm ediately before the partial taking . d estru ction, or loss in v alue is less th an theamo un t o f th e sum s secured immed iately before th e partial taking . destructio n, or loss in value, un lessB orr ow er an d L en de r o th erwise a gre e in w ritin g. th e Miscellaneous P r o c e e d s sh all be applied to the sum sse cu red b y th is S ecu rity In str um en t w heth er o r n ot th e sums a re th en d ue .

If the Property is abandoned by Borrower. or if. after notice by Lender to B orrow er m at the

O pposing Pany (as defined in the next sentence) offers to m ake an aw ard to settle a claim for dam ages.Bo rrowe r fai ls to re sp on d to L en der w ith in 3 0 d ay s a fte r th e date th e n otic e is g iv en . L en der is authorized

to col le ct an d app ly the Misc el la neou s Proceeds either to restoration or repair of m e Property or to thesums se cu red b y th is S ecu rity In str um en t, w he th er o r n ot th en d ue . ·O pp osin g P arty · m ea ns th e t hi rd par tyth ai owe s B or rower M isce llan eo us P ro cee ds o r th e pany against w hom B orrow er has a right of action inregard to Misc el la neou s P roce ed s.

Bo rrowe r sha ll be in d efa ult if an y ac tio n o r p ro cee din g. w he th er c iv il o r c rim in al. is b egun that. inLender's judgm ent, could result in forfeiture of the Propeny or other material imp ai nn en t o f L en de r'sinterest in th e P ro perty or rights under this S ecurity Instrum ent. B orrow er can cure sucb a default and, ifa cc ele ra ti on h as o cc ur re d. r ei ns ta te a s p ro vid ed in Section 19, by causing the action or proceeding to bed ism isse d w ith a ru lin g th at, in L en der 's ju dgmen t, p rec lu de s fo rfe itu re o f th e P ro pe ny o r O lh er m ate ria l

impa irmen t o f Lender 's in_in the Pmponyor riglll. U D d e r th ls ~ . The p roce ed s o f

.-6IFLlIOOOSI Plgel0ol1''/1 ~ Form 3010 1101• ,r~"

Book 11210 Page 836



~ -6IFLlroooa) Pege 11 011' Form 3010 1101

• •,~

Book 11210 Page 837

a ny awa rd o r cla im f or d am ag es th at a re a ttrib uta ble to th e imp ai rme nt o f Len de r's i nt er es t i n t he P ro pe rt ya re h er eb y a ssig ned an d sh all b e p aid 10 Lender.

A ll M iscellaneous Proceeds that are nO l applied to restoration or repair of th e P rop erty shall bea pp li ed i n th e o rd er p ro vid ed fo r in S ec tio n 2 .

lZ . Borrower N ot Released; Forbearance By Leader Not a W aiver. Extension of the time forp aymen l o r modi fi ca ti on o f amo rt iz at io n o f t he s urm s ec ur ed b y t hi s S ec ur it y IDS ll 1l IJ ItDtg ra nt ed b y Len de r.10 B orro wer or any Su ccessor in Interest o f Bor rowe r s ha ll D O t o pe ra te to re le ase th e lia bility o f B orrowe ro r a ny S uc:c tsso rs in In te re st o f B orrower . L e n d e r s ha ll DO tb e r eq ui re d t o c ommen ce p ro ce ed in gs a ga in stany Successor in Interest of Borrow er or to refuse to extend tim e for paym ent or otherwise modify

amo rtiz atio n o f th e sums se cu re d b y th is S ecu rity In str um en t b y re aso n o f a ny d em an d mad e b y th e original

B or rower o r an y S ucc esso rs in In te re st o f B or rower . A ny fo rb ea ra nc e b y L en der in ex er cisin g a ny ~I orrem edy including, w ithou t lim itation, L ender's acceptance of paym ents from third persons, en titles orS uc ce sso rs in In le re st o f B orr ow er o r in amo un ts le ss th an th e amo un t th en d ue, sh all DO t be a w aiver of orp re clu de th e ex erc ise o f an y r ig ht o r reme dy .

13. Joint aD d Several L iability; C Higners; Successors and A ssigns Bound. B orrow er covenantsan d agree s tha i Bo rrowe r' s obl ig at ion s an d l iab il ity shal l be jo in t an d sev er al. H ow ev er , a ny B or rower w hoco-sig ns this Security In strum ent but do es not execu te the Note (a ·co·signer"): (a) is co · signing thisS ec ur it y I ns tr ument o nly 10 mortgage, grant a n d convey t h e co -sig ner 's in ter est in th e P ro pe rty u nd er th et erms o f t hi s S ec ur it y In st rumen t; (b) is n ot personally obliglled to pay lbe sum s secured by th is SecurityInstrument; a n d (c) agrees thll L ender a n d an y o th er B orrow er can agree to ex tend. m odify, forb ear orm ake any accommodatio ns w ith regard to the te rms of Ihis Security Instrum ent or the N ote w ithout theco-s igner 's consent .

Subject to the provisions of Section 18, any Successor in Interest of Borrower who assum esBor rower 's o bli ga li on s u nd er t hi s S ec ur it y In st rumen l i n w ri ti ns , an d is ap pro ve d b y L en der , sh all o btaina ll o f B or rower 's rig hts an d b en ef its UDde rt hi s S ec ur it y In st rumen t. Bor rower s ha ll DO( b e re lea sed f rom

Borrower' s ob ligat ions a n d l ia bi li ty u nd er t hi s S ec ur it y I ns tr ument u nl es s Len de r a gr ee s 10 s uc h r el ea se i nw ritin g. T he c ov en an ls a n d agreem ents of th is S ecurity Instrum en t sball bind (except as prov id ed inSect ion 20) a n d benefit t h e s uc ce ss or s a nd a ss ig ns o f Len de r.

14. L oan C harges, Lender m ay charge B orrow er fees for services perform ed in connectio n w ithB or rower 's d efa ult. fo r the p ur po se o f p ro te ct in g Len de r's in te re st in th e P r o p e r t y a nd rig hts UDde r th isSecurity IDSlnunent , i nc luding , but DOl lim it ed to, a ttorneys ' f ee s, property i ns pe cti on a nd v al ua ti on f ee s.In regard to any other fees, th e a bs en ce o f e xp re ss a uth or it y i n I bi s S ec ur ity I ns tr umen t to cha rge a spe ci fi cf ee to B or rower sh all nOl be c on st ru ed a s a p ro hi bi ti on o n t h e cha rg ing o f such f ee . L en der m ay not chargefee s tha t a re exp re ss ly p rohibi te d by t hi s S ec ur it y I ns tr ument o r b y App li ca bl e Law .

I f t he L o a n i s subjec t to a law whic h sets m ax in llm lo an ch arg es, a nd th at law is fin ally in ter pre ted sothat th e in ter est o r O Ih er lo an ch arg es c olle cte d o r to be co lle cte d in co nn ec tio n w ith th e L oa n ex ce ed th epennitted lim its. then: (a) any su ch loan charge shall be r ed uce d b y the amount n ec essa ry to re du ce th ecbarge 10 th e pennilted limit; and ( b) a ny s ums a lr ea dy c ol le ct ed f rom Bor rowe r whi ch e xc ee de d p en niUedl im it s w ll J be refunded to B orrow er. Lender m ay cboose to m ake this refund by reducing the principal

owe d u nd er th e Note or by m aking a direct paym ent to Borrower. If a refund reduces principal, ther ed uc ti on w il l be treated as a partial prepaym ent w ithout any prepaym ent charge (whether or not aprepaymenl charge is provided for u nder th e N ote). B orrow er's acceptance of any such refund m ade byd ire ct p ayme nt to B or rower w ill co nstitu te a w aiv er o r a ny rig ht o f a ctio n B or rower m ig ht h av e a risin g o uto f s uch ove rcha rg e.

15. N otices, A ll nO lices given by B orrow er or L ender in co nnection w ith this S ecurity Instrum entmust be i n Wr it in g. Any n oti ce to Bor rowe r i n c on ne ct io n w it h t hi s S ec ur it y In sr rumen t s ha ll be d eemed t ohave b e e n given to B orrow er w hen m ailed by first class m ail or w hen actually delivered to B orrow er'sno tice address if sen t b y o th er m ea ns. N otice to a ny o ne B orr ow er sh all co nstitu te n otice to all B or rower s



~-8IFlI (00051 poge 12 0110 Fonn 3010 1/01


unless Applicable Law expressly requires otherw ise. The notite address shall be the Properly Address

u nle ss B or rowe r ha s d es ig na le d a s ub stitu te notice: address by notice to Lender. B orrow er shall prom ptly

notify Lender of Borrower's change of a d d r e s s . If I . . c D d e r specifies a procedure for reponing B orro wer's

change of a d d r e s s , then Borrow er shall only report a change of address through that specified procedure.

There m ay be only one designated notice address under this Security Instrument at anyone time. Any

notice: to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address

staled herein unless Lender ha s designated a no th er a dd re ss by O Olice to Borrower. Any notice in

c on ne ctio n w ith th is S ec urity Instrument shall DO l be d e e m e d to have b e e n given to Lender unt il a ct ua ll y

n :ceived by Lender. If any notice required by this Security Instrum enl is also required under A pplicable

Law. the A pplicable Law requirement will satisfy the corresponding requirem ent under this Securily

Instrument.

16 . Governing Law; S everabU lty; R ules 01 CODSlructioa. This Scturily Instrument shall be

governed by federal law and the law of the jurisdiction in which the Property is located. All rights a n d

obligations contained in this S ec ur ity I ns tr um e nt art subject to any requirements and lim itations of

A pplicable Law. Applicable Law might explicitly or impliCitly allow the panies to agree by contract or it

might be Silent, but such silence shall not be construed a s a prohibition against agreem ent by contract. I nt h e event that any provision or clause of this Security Instrument or the N ote co nflicts w ith A pplicab le

Law , such conflict shall DO l affect other provisions of th is Security Instrum ent or th e Note which can be

g iv en e ffec t w ith ou t th e c on tlic tin g p ro visio n.As u s e d in this Security Insirum ent: (a) words of th e m asculine gender shall m ean and include

corresponding neuter words or words of the feminine gender: (b) words in the singular shall mean and

include the plural and vice versa; and (c) the word -m ay" gives sole discretion w ithout any obligation to

ta ke a ny a ctio n.

1 7. Bo rr owe r' s Copy. B orr ow er s ha ll be given one copy of the Note a n d o f I bis S ec ur it y In str um en t.

18 . Transfer of tbe Property o r a B en eIk ia IlD te rf St iD Borrower. As used in th is Section 18,"Interest in th e Propeny" m eans any legal or beneficial interest in the Property, including, but not lim ited

10, those b e n e f I C i a l i nt ere st s t ran sf er red in a bond for deed, contract for deed, installment sales contract or

escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a pu rchase r.

If all or any part of th e Propeny o r a ny In te res t in the Property is sold or transferred (or if B orrow er

is not a natural person and a beneficial in terest in Borrower is sold or transferred) w ithout Lender's prior

w ritten consent, L en der m a y require immediate paymenl in full of all sums secured by this Security

Instrum ent. However, this option shall not be exercised by L e n d e r if such exercise is prohibited by

A pp lic ab le L aw .

If Lender exercises this opcion. Lender shall give Borrower notice of acceleration. The notice shall

provide a period of DOl Jess than 30 d a y s from t h e dale th e n ot ic e is given in accordance with Section 15within which Borrower must pay all sum s secured by Ibis SecurilY Jnstrum enl. If B orrow er fails to pay

these sums prior to the expiration of this period. L e n d e r may invoke any remedies pennitted by this

S ecurity lnstrulllellt w ithout funber notice or dem and on B orrow er.

19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions,

B orrow er shall have th e right to have entorcem ent of this Security Instrumenl discontinued at any time

prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in

this Security Instrument; (b) such other period as Applicable Law m ight specify for the term ination ofBorrower's right to reinstate: or (c) mtry of a judgment enforcing this Security Instrument. Those

conditions are thal Borrower: (a) pays Lender all sum s which t h e n would be due under this Security

Instrument a n d the Note as if DO a cc ele ra ti on h ad occurred; (b ) c u r e s any default of any other covenants or

ag re em en ts : ( c) p ay s al J expenses in cu rred in enforcin g this S ecurity Instrum en t, including, but not lim ited

to, reasonable attorneys' fees, property inspection a n d v alu atio n fe es , an d other fees incurred for the

----__--_.-.



• - - - . -"

Book 11210 Page 839

purpose of pl"C)(ectingLender 's interest in th e P ro pe rty an d rig hts u nd er th is Se cu rity In stru me nt: a nd { d>

takes such action as Lender may rea so nab ly re qu ire to a ssu re th at L en der's in tere st in t he P ro pe rl y an d

rights under t bi s S ec ur it y I ns rr ument . and B orro we r's o blig atio n to p ay th e sums secured by I hi s S ec ur it y

I llS (r um en t. s ha ll c on tin ue u nc ha ng ed . L en de r m ay re qu ire th at B orr ow er p ay s uc h re in sta tem en t s um s an d

expenses in one or m ore of the follow ing form s. as selected by Lender: (a) cash; (b) m oney order: (c)

certified check, bank c hec k, trea su re r's c hec k o r ca sh ie r's ch eck , p ro vid ed a ny such c h e c l c is draw n upon

a n in stitu tio n wh os e d ep os its are in su red b y a fed era l ag en cy , in stru me ntality o r en tity ; o r (d) Electronic

F un ds T ra ns fe r. U po n r ein sta teme nt b y Bor rowe r, th is S ec urity In strum en t a nd o blig atio ns s ec ure d h ere by

shall remain fu lly e ff ec tiv e a s if n o a cc ele ra tio n had occur red. However, this r ig ht t o r ei ll Sl al e s ha ll DO l

a pp ly in th e c a s e o f a cc ele ra tio n u nd er S ec tio n ] 8.

20 . Sale of Note; Change of LoaD StrYker; Notice 01 G rievance. The Note or a panial i nt er es t i n

th e No te ( to ge th er w it h t hi s S a.'U rit y I ns trwnent ) can be sold one or m ore tim es w ithout prior notice to

Borrower. A sale m ight result in a change in the entity (known as the "Loan S er vi ee r" ) t ha t c ol le ct s

P er io dic P aymen ts due under t h e Note a n d th is S ec ur it y I ns tr ument a n d p erfo rm s o th er m ortg ag e lo an

s erv ic in g o blig atio ns u nd er th e N ote . th is S ec ur ity In strum en t, an d A pplicable Law . There also m igh t be

one or m ore changes of the L o a n Servicer unrela ted 10 a sa le o f th e Note. If there is a change of the L o a n

S er vi ce r, Bo rr owe r w il l be g iv en w rin en n otice o f th e c ha ng e wbic h w ill s ta le th e name a nd a dd re ss o f th e

new Loan S erv ic er. th e a dd re ss 10 whic h p aymen ts s ho uld be m ade and an y o th er in fo nn atio n R ESPA

req uires in c on nec tio n w ith a n otice o f tra nsfer o f se rv ic in g. If th e Note is sold and t be rea ft er t he L o a n is

serviced by a Loan Se rv ice r o the r t h a n the purch_r of the Note. t h e mort ga ge l oa n s er vic in g obl ig at io ns

to B orrow er w ill rem ain w ith the Loan S er vi ce r o r be tr an sfe rr ed to a s uc ce sso r L oa n S erv ic er an d are no t

a ss umed b y th e N ote p urc ha se r u nle ss o th erw is e p ro vid ed b y th e N ote p urc ha se r.

N eith er B or rowe r n or Lender may c omm en ce, jo in . o r be joined to any judicial action (as either anin div id ua l litig an t o r th e member of a class) t ha t a ri se s from the other party's actions pursuant to this

S ec urity In strum en t o r th at a lle ge s th at th e o th er p arty has breached any provision of. or any du ty ow ed by

reason of, t hi s Secu ri ty Ins tr umen t, Unlil such Borrow er o r L en de r h as n otifie d th e o ch er p arty (with s uc h

not ic e g iv en in c omp lia nc e w ith th e re qu ireme nts o f S cc tiOD IS ) o f su ch alleg ed b rea ch a n d a ff ord ed me

other party hereto a reasonable period after the giving of s u c h notice to take corrective action. If

A pp lic ab le L aw p ro vid es a time p er io d whic h must elapse b ef or e c er ta in a ct io n ca n be lak en , th at tim e

period will be deem ed to be reasonable for purposes of this parasraPh, T he n otic e o f a cc ele ra tio n an d

o pponunity to cure given 10 B orro we r p ursu an t to Se ctio n 22 and the nOlice o r a cc ele ra tio n g iv en to

B orro we r p ursu an t to Se ctio n 1 8 sh ail b e d eeme d to satisfy m e n otic e a nd o pp on un ily to lak e c orre ctiv e

a ct io n p ro vi si on s o f t his S ec tio n 20.

21. Hazardous Substances. As used in t his S ec tio n 21: < 8 > "Hazardous Subs tance s" are those

s ub sta nc es d ef in ed a s to xic o r h aza rd ou s s ub sta nc es . p ollu ta nts, o r w as te s b y E nv ir onme nta l L aw an d th e

f ollow in g s ub sta nc es : g as olin e, k ero se ne . o th er flammable o r (Ox ic p etro le um p ro du cts. to xic p es tic id esan d herbicides, vo la til e s olv en ts . ma te ri al s c on ta in in g a sb es to s o r f onna ld ehyd e. a nd r ad io ac ti ve ma te ri al s;

(b) "Env ironmen ta l Law· m e a n s f ed er al law s a nd laws of th e ju ris dic tio n whe re m e P ro pe ny is lo ca te d that

r ela te to h ea lth . s af ety o r e nv ir onmen ta l p ro te ctio n: (c ) " En vir onmen ta l C le an up · in clu de s a ny response

a ctio n, reme dia l a ctio n. o r r emo va l a ctio n, a s defined in Env ir onmen ta l L aw ; a n d ( d) a n "Envi ro nment al

Condition" m e a n s a condition thaI can cause. contribute 10. o r o th erw ise trig ger an E nv iro nrn eD ta l

Cleanup.

_ - 8 f F L ) 1 0 0 0 5 1 Form 3010 1101.13afl1



- . - e r F L ) I O OO I i I Peg. 14011' Form 3010 1101

• -•

Book 11210 Page 840

B orro wer sb all n ot c au se o r p erm it th e p re se nce, u se, d ispo sal, sto rag e, o r re le ase of an y H azard ou s

S ub sta nc es , o r th re ate n to re le as e a ny H aza nio us S ub sta nc es . o n o r in th e P ro pe rty . B orr ow er s ha ll n ot do,

n or a llow a ny on e e l s e to do , an ythin g affectin g th e P ro perty (a) th ll is in vio lation o f a ny E nv ironmen tal

Law. Cb )whic h c re lle s a n E nv iro nmen ta l C on ditio n, o r (c ) which, du~ to t he p re se nc e, use. o r release o f a

H aza rd ou s S ub stan ce, creates a c ond ition th at ad verse ly affects th e v alu e o f th e Property. Th e prec:eding

tw o sentences shall not apply to th e presence. use, or storage on th e Propeny of sm all quantifies of

H a z a r d o u s Subs tance s tha t a r e generally r e c o g n i z e d to be a pp ro pr ia te to normal residential u s e s a n d to

maintenance o f th e P ro pe rty (in clu din g. b ut n ollim ite d to , h aza rd ou s s ub sta nc es in c on sumer p ro du cts ).

B orro we r sh all p romp tly giv e la ld er w ritten n otic e o f (a) a ny in vestig atio n, claim , demand, lawsuit

o r o the r a ctio n b y a ny g ov ernmen tal o r reg ula to ry ag en cy o r p riv ate party i nv olv in g t he P rope rt y a D d an yHazardous Substance or Environm ental Law of whicll Borrower has actual knowledge, (b) an y

Envi ronmen ta l Cond it ion , i nc lud ing bu t DO t limited to , a ny s pillin g. le ak in g, d is ch arg e, re le ase o r th re at o f

re le ase o f a ny H aza rd ou s S ub sta nc e, an d (C ) any cond it ion c a u s e d by t he p re sence , u s e or release of a

Hazardous S ub sta nc e whic h a dv ers ely a ffe cts th e v alu e of t he P ro peny . If Borr ow er le arn s. o r is notified

b y an y g ov ernmen tal o r re gu la to ry a uth ority , o r an y priv ate party, t h a t a ny r emov al o r o th er reme dia tio n

o f a ny H az ard ou s S ub sta nc e a ff ec tin g th e P ro pe ny is n e c e s s a r y , Borrower shal l p romp tly lake al l n e c e s s a r y

rem ed ial a ctio ns in acc ord an ce w ith E nv ironmen tal L aw . N oth in g h ere in sh all cre ate a ny o blig atio n o n

L e n d e r f or a n Env ir onmen ta l C le anup .

NON -UNIFORM COVENANTS . B orrowe r a nd L en de r further covenant and agree as follows:

22. Ac:c:e lerat ioa ; Remedies . Leader s ba IJ liv e DOtic e to Borrowe r p rio r to a cc ele ra tio n f ollowiD g

Borrower's breach of any coveaaDt or agreement ID Ib is S ecu rity In stl'U lD eD l (b ut DO t prior to

acteIeratloa U D d e r Section 18 u nless A pp licab le L aw p ro vid es otherwlst) . Th e notice shall speri l' )' :

(a ) th e default; (b ) th e action required to ture 1M delault; (t) a d ate , n ot l es s t ha n JO days from thedate ab e notice is given to B orrow er, by w hicb t he d e la u lt must be cured; ao d Cd ) that failu re to cu re

tb e default on or before tbe date S J M d n ed in th e no ti ce may result ID acceleration 01 the SIDDS seeumI

b y th is S ee urity In str um en t, f ore clo su re by jud i ci al proceeding an d sale of the Property. Th e notice

shall f ur th e r i nf orm Borrower 01 tile ript to rebJstlte a ft er a cc e le ra tio n aDd tb e rigbt to auert In the

foretiosure proceed ing t he n o n - e x is te n c e 01 a default o r an y other dtl 'ense of Borrowtf to aCftie ra l ion

an d fo rec lo su re . II the delau lt is lot ew-ed on or before th e date specified in th e DOtic e. L en de r a t it s

option may require immediate payment In lull of aJl sums secured by this Security Instrument

without further dem and and m ay lorecklse this Security Instrument by judidaJ p ro ceed in g. L en der

sball be entitled to collect all expenses iDeUl'l'td In pursuinl the remedies provided in this Section 22,

inciudiD&, but Dot imiled to , rea so ua ble a tto rn ey s' fe es an d eosU 01 t it le ev idence .2 3. R elease. U po n p aym en t o f all sums secured by I bi s S ec ur it y I ns tr ument . L ende r s ha ll r el ea se t hi s

Sec urity In stru men t. B orro we r sh all p ay a ny reco rd aaio n co sts. Lender m ay charge B orrow er a fee for

r el ea sing thi s Secu ri ty Ins lnunen l, bu t only if th e fee is p aid to a th ird p arty fo r serv ice s ren dered an d th e

c ha rg in g o f th e fe e is p ermitte d u nd er A pp lic ab le L aw .

24 . Attorneys ' Fees. As used in th is S ec urily In strume nt a nd th e N ote , a uo rn ey s' fe es s ha ll in clu de

th os e awa rd ed b y an appe ll at e coun an d a ny a tt or ne ys ' f ee s in cu rr ed i n a b ankr up tc y p ro ce ed in g.

25. Jury Trial W aiver. The Borrower bereby waives any right to a trial by jury in any action.

p ro cee din s, claim , o r c ou nterc la im , w heth er in co ntrac t o r to n. at law o r in eq uity . a risin g o ut o f o r in an y

w ay re la te d to th is S ec ur ity In str um en t o r th e N ote .




B Y SIG NING B ELOW. B orrow er accepts and a,rm to m e term s and covenanlS contained in this

Secur ity Inst rument and in a ny R id er e xe cu te d by Borrower a n d re co rd ed w ith it.

S ig ne d, sea le d a nd d eliv ere d in ,thc p f:

./

8130 IWIIA BLANCASTUBi'JACJ:SORVILLB~6 (Address)

~~. (Seal)

LA URA G . BOW KAS1'BR -Borrower - - - -8130 JWIlA BLANCASTUll'

JAaSOHVILLI lI'L 32256 (Address)

(Seal) (Seal)

-Bonower ·Borrower

8130 BAHIA BLAlfCASTRUT

(Address) JAOtSONVILLI PL 32256 (Address)

(Seal) (Seal)

·Borrower -Borrower

8130 BAHIA B L A H ' C A STRD'l'

CAddreu) JACJtSOHVJ:LLlI I'L 32256 (Address)

(Seal) (Seal)

·Borrower ·Borrower

(Address) (Address)

. . - G IF L I 100051

•'91501111 Form 3010 1101



• •Book 11210 Page 842

STATE OF FLORIDA, ") "if\, COUDty~:The foregoing ins trummt w a s a ck nowle dg ed b ef or e me t hi s ::J J _ ~"l t e ' ~W'la.@by

WILL:wI B. B01fHASTBR AND LA11RAG. BotaIU'l'BR U , 0

/

who is per sona lly known to me or who ha s produced

_.6IFLIIOOOI5 ' Page 180118 Form 3010 1101




S C H E D llT . . . . A

L o t 3 , B l o c k 5 1 . D E E R W O O D U N I T T E N , a c c o r d i n g t o t h e p l a t t h e r e o f . a s r e c o r d e d

i n P l a t B o o k 3 8 . P a g e s 16, 1 6 A . a n d 1 6 B , o f t h e C u r r e n t P u b l i c R e c o r d s o f D u v a lC o u n t y , F l o r i d a .



• --e

Book 11210 Page 844

PLANNED UNIT DEVELOPMENT RIDER

THIS PLANNED UNIT DEVELOPMENT RIDER is m ad e th is 30m day of

JUHI, 2003 ,and is in co rp orated in to an d shall be

deemed to a m e n d an d supplem ent the M ortgage, Deed of Trust, or Security Deed (the "Security

Instrument") of the same date, given by the undersigned (the "Borrower") to secure Borrower's Note to

NBr.LS PARGO BOMB IIORTGAGB, INC.

(the

"Leeder") of the same date and covering th e P rop erty d escrib ed in th e S ecu rity Instru men t an d lo cated at:8130 BAHIA BLANCl STRaIT, JACKSOHVILLI, PL 32256

~11y Add r as )

T h e P rop erty in clud es, bu t is not lim ited to, a pan:el of land im proved with a dwelling, together with other

s u c h pan:els an d certain common areas a n d facilities, a s d esc rib ed in COVBlIAN '1 'S , CONDIT IONS AND

RBSTRICTIONS

(the "Declaration"). The Property is a par t of a pl8llDed unit developm ent know n as

I l' Iame o f P lann ed Unk Dcvmpmnn)

(the ·PVD It). The Property also includes B orrow er's interest in the Jw meow ners association or equivalent

entity owning or managing the com mon areas and facilities of th e PUD (th e "Own ers A sso cia tio n") a n d theu se s, b en ef it s a n d p ro ceed s o f B orro wer's in terest.

PUD COVENANTS. I n a dd it io n 10 the CoveoanlS and agreem ents m ade in the Security Instrum ent,

Borrower an d Leoda ' fu rth er cov enant an d ag ree as follow s:

A. PUD Obligations, Borrower shall perfonn all of Borrower's obligations under the PUD's

Constituent DocwnenIS. The "Constituent Documents· are the (i) Declaration; (ii) articles of

in corp oratio n, trust in strum ent o r an y equ ivalen t document wh ic h c re ate s th e Owner s A ss oc ia ti on ; an d (iii)

any by-laws or other rules or regulations of the O w n e r s Association. B orrow er sball prom ptly pay, w hen

due, all d ues an d assessm ents im posed pursuan t to th e C on stitu en t D oc um en ts .

0026201103

MULnSTATE PUD RIDER· Single Family' FannieMaeIFntNle Mac UNIFORM INSTRUMENT~ form 3150 1/01

Page 1 of 3 Inif BCll\7R (0008) VMPMORTGAGEORMS'-(8001521-7291

~--;ift'



Gt.7RIOOO81 Pag e 2 o f 3 Form 3160 1/01

• •Book 11210 Page 845

B. Proper ty Insurance. So long as the O wD en A ssociation m aintain s, w ith a generally acceptedin su ra nce ca rrie r, a "m aster" o r "b la nk et- p olic y in su rin a th e P ro pc ny w hich is sa tisfac to ry to L en der an dw hich provides insurance coverage in the am ounts (including deductible levels), for the periods, a n d

against loss by tire, hazards included w ithin the term "extended coverage," and any other hazards,in clu din g. b ut DO t lim ited to. earthquakes and R oods. for w hich L ender requires insurance, then: (i)Lender w aives the provision in Section 3 for the Periodic Paym ent to Lender of the yearly prem iumin stallm en ts fo r p ro pe rty in su ran ce o n th e P ro perty ; an d (ii) B orro wer's o blig atio n u n d e r Section S tom ain tain property insurance coverag e on the P roperty is dem led satisfied to the extent that the requiredc ov er ag e is p ro vid ed b y ! he Owne rs A ss oc ia tio n p olic y.

W h at L en de r req uires as a co nd itio n o f th is w aiv er ca n ch an ge d urin g th e te rm o f th e loan.

B orrow er shall give Lender prom pt O O l i c e of any lapse in re qu ire d p ro pe rty in su ra nc e c ov er ag ep ro vid ed b y th e mas te r o r b la nk et p olic y.

In th e e ven t o f a d istrib utio n o f p ro perty in su ra nce p ro ce ed s in lieu o f resto ra tio n o r rep air fo llo win ga loss to the P ro perty, o r to common areas and facilities of the P UD , an y proceeds payable to B orrow er arehe reby ass igned a n d shall be paid to Lender. Lender shall apply the proceeds to the sum s s e c u r e d by th eS ec urity In strum en t, W he th er o r n ot tb en d ue , w ith th e e xce ss, if an y, p aid to Borrower.

C . P ub lic L ia bility Iosuruce. Bo rr owe r s ha ll take s u c h a ctio ns a s m ay b e rea so nab le to in su re th atthe O wn en A ssociation m aintains a public liability insuran ce policy acceptable in fonn, am oU Dt, a n de xte nt o f c ov era ge to L en de r.

D. COOdemaatiOD, The proceeds of any a w a r d or claim for dam ages, direct or consequential.p ay ab le to B orro we r in c on nec tio n w ith a ny co nd em nac io n o r o th er ta kin g o f a ll o r an y part o f th e P ro pe nyor the conm on areas and facilities of th e PUD , o r fo r a ny co nv ey an ce in l ie u o f c ondemua tiOD . a re h er ebyassigned a n d sh all b e p aid to L en der. S uc h p ro cee ds sh all be applied by Lender to the sum s secured by theS ec ur it y I ns tr ument a s p ro v id ed in S ec ti on I I.

E. Lender 's Prior C onseat. B orrow er shall Dot, except after notice to Lender and w ith Lender'sp rio r w ritte n co nsen t, eith er p artitio n o r su bd iv id e t h e Property or consen t to : 0) t h e a ba nd onmen t o rt en n in at io n o f t h e PUD , e xce pt fo r a ban do nm en t o r te rm in atio n re qu ired b y law in t he c as e o f s ub st an ti ald estru ctio n b y fire o r o th er casualty or in the ease of a taking by con dem nation or em inent dom ain; (ii)a ny am en dm en t to an y p ro visio n o f th e "C on stitu en t D ocume nts· if th e p ro vis io n is fo r th e expres s bene fi to f L end er ; (iii) te nn in atio n o f p ro fe ss io na l m a na geme nt a nd a ss ump tio n o f s elf-m a na gemen t o f th e Owne rsA sso ciation; or (iv) any action w hich w ould have the effect of rendering the public liability insurancec ov er ag e ma in ta in ed by t he Owner s A ss oc ia tio n un ac ce pt ab le t o L ende r.

F . R emedie s. If B orro we r d oe s n ot p ay PUD d ue s an d a ssessm en ts when due, then Lender m ay payth em . A ny am ou nts d isb ursed b y L en de r u nd er th is p ara gra ph F sh all b ecome a dd itio na l d eb t o f B orro wers ec ur ed b y th e S ec urity In strum en t. U nle ss B or rowe r a n d Lender agree to other tenns of paym ent. theseamo un ts sh all b ear in terest fro m th e d at e o f d is bu rs ement at the Note nue an d shall be payable, within te re st, u po n n otic e fr om L en de r to B or rowe r r eq ue stin g p aym tD t.





JtJHI 30, 2003

[Dale)

J A C K S O N V I L L E

(City)

FLORIDA

!Statel

•NOTE

8130 BAHIA BLANCASTRBBT, JACKSO~LLB, PL 32256

, .I~ny Address)

"

I.BO RROWER 'S P ROM IS E TO P AY

In return for a lo an th at I have received , I p rom ise to pay U .S. $ ...... ·432,000.00 ( th is amount i s c al le d "Pr in cip al" ),

p lu s in te rest, to th e o rd er o f th e L en de r. T he L en de r is WELLS PARGO BOMB MORTGAGE, DfC.

I wiJI r n a 1 c e aU payments under this Nore in t he f onn of cash, check : o r money order.

I. u nd ers ta nd th at th e L en de r may transfer th is N ote. The Lender or anyone w ho takes this N ote by transfer and w ho is

e ntitle d to re ce iv e p aym en ts u nd er th is N ote is c alle d th e "N'o te H old er."

2. INTEREST

I nt er es t w i ll be c ha rg ed on unpa id p ri nc ip al until th e fu ll am ou nt o f P rin cip al h as b e e n paid . I w ill pay interest at a y earlyr at e o f 5.,875 % .

The in te re st ra te re qu ire d b y th is S ec tio n 2 is the rate [ w ill pay b oth before an d a fte r a ny d ef au lt d es cr ib ed in S ec tio n 6(8)of this Note. ... -,

3. PAYMENTS .

(A) T ime a n a P la ce o r P aym en ts

I w ill p ay p rin cip al an d in te rest b y m ak in g a p ayme nt e very m on th .

1 w i I I malce m y monthly payment on thePIRST day of each month b eg in ni ng onA trGOST 01, 2003 . I w ill

m ak e th ese p ayme nts ev ery m on th u ntil I h av e p aid a ll o f th e p rin cip al a nd in tere st a nd a ny o th er ch arg es d escrib ed b elo w th at I

m ay ow e under this N ote. E a c h m on thly p ay ment w ill be ap plied as of its scheduled due date and w ill be ap plied to interest

before P rin cipal. If, on JU LY 01, 2033 • I s ti ll owe amo un ts u nd er th is N ote , I will p ay th ose am ou nts in fu ll o nth at d ate. w hic h is ca lled th e "M atu rity D ate . •

I will malc emy month ly p aym en ts a tWELLS FARGO BOD MORTGAGE, INC., P.O . BOX 1.0304, DES

MOINES, IA 503060304 o r a t a d iffe re nt place if r eq uire d b y th e No te Ho ld er.

(B ) Amo un t o r Mon th ly P aymen ts

M y m onthly paym en t w ill b e in th e am ou nt of U .S. $ ********2,555.44,

4 . B OR ROWE R'S R IG HT TO P RE PA Y

I h av e th e rig ht to m ak e p aymen ts o f P rin cip al a t an y tim e b efo re t hey are due. A paym ent of Principal only is know n as a

"Prepaym ent.· W hen I m ake a Prepaym ent, I will tell the Note Holder in writing that I am doing so. I m ay not designate a

p aym en t a s a P re pa ym e nt if I h av e n ot m ad e all th e m on th ly p ayme nts d ue u nd er th e N ote.

1 m ay m alce a fu ll P rep ayme nt o r p artia l P re pa ym en ts w ith ou t p ay in g a P rep ayme nt ch arg e. T he N ote H old er will use m yPrepaym ents to reduce the am ount of Principal that lowe under this Note. However, the Note Holder may apply m y

P rep aymen t to th e accrued an d un paid interest o n the Prepayment amount, before a pp ly in g my P re pa ym e nt to red uce th e

P rin cip al am ou nt o f th e N ote . If I m ak e a p artia l P re payme nt. th ere will be no changes in the due date or in the am ount of my

month ly p aym en t u nle ss th e Note Hold er a gr ee s in w ritin g to those changes 'l C E R T IF Y T H A T :n ;t I 5 , T 9 -BE j

CORRECTCOPY . ~A Tf:tJE AND

COMMERCE T IT LE COMPANY

A M e t r O p o l i t a n Title & G u a r a n t y C O .

F LO RID A F IX ED R AT E N OT E,S in gle F llm ily-F llr tn le M IIII/F re dd le M ac U NIF OR M IN ST RU ME NT

• ·5NIFlllOOOSl Form 3210 1/01

e VMPMORTGAGEOAMS·800)52"7~~,\().p;,l

~oge I 01 3 In)U"~



_.._

O.·SNIFLI1OOO51 P''II12013

Form~2 ]1I n i t i a l

M .",

• . ..5. WAN CHARGES

If a law. w hic h a pp lie s to th is lo an a nd w hic h se ts m ax im um lo an c ha rg es, is fm ally in te rp re te d s o th at th e in te re st o r o th er

lo an c ha rg es c olle cte d o r 10 be collec ted in connec tion with this loan exceed th e permitted Jimits, then: ( a) a ny such loan charge

s ha ll b e reduced by the am ou nt n ecessary to red uce th e ch arg e to th e p erm itted limit; an d (b ) a ny sums a lre ad y c olle cte d from

me wh ic h e xc ee de d p ermitt ed l im it s w il l be refunded to m e. The N ote H older m a y choose to m ake this refund by reducing the

Principal Iwe under this Note or by m aking a direct paym ent to m e. If a r ef und r educ es P rin cip al . th e r educ ti on w il l be treated

a s a p art ia l P re pa yment .

6. BORROWER'S FAILURE TO PAY AS REQ UIRED

(A) Late Charge for Overdue PaymeJ11s' :"

If the N ote H olde r h a s not received the full am ount of any m onthly paym ent by the end of 15 c ale nd ar d ay s

a fter th e d ate it is due, I w ill p ay a late ch arg e to th e N ote H old er. The am ou nt o f th e ch arg e w ill b e 5.000 I , K , of

m y o verd ue p aymen t o f p rin cipa l a nd in terest. I w ill pa y th is late ch arg e p romp tly b ut o nly o nce on each late p aymen t.

(8) Default

If Io not pay the full am ount of each mon th ly p aymen t o n th e d ate it is d ue. J will be in default .

(C) No tic e o f De fa ult

If 1 a m in default, the Note H older m ay send m e a w ritten notice telling m e that if I do not pay the overdue am ount by a

certain date. the N ote H older m ay require m e to pay inunediatcly the full am ount of P rincipal w hich has not been paid and allthe interest that low e on that am ount. That date m ust be at least 30 days after the date on which the notice is m ailed to m e or

d el iv er ed by otbermeans,

(D ) N o Waiv er By Note' Holder

Even if, at a time when I am in -default, the Note Holder does not require m e to p ay imm ed iately in fu ll as d escrib ed

above, the N ote H older w ill still have the right to do so if I am in d efa ult a t a la te r tim e.

(E ) Payment of Note Ho lde r' s Costs an d Expenses

If th e N ote H old er ba s required m e to pay immediately in full as described above. the N ote H older w ill have the right to

be p aid ba ck b y me fo r all o f its co sts a nd ex pen ses in en forc in g th is N ote to th e ex ten t not prohibited by a pp li ca ble l aw . Tho se

e xp en se s in cl ud e, f or e xample , re as on ab le a tto rn ey s' f ee s.

7. GIVING OF NOTICES

Unle ss a pp lic ab le law re qu ire s a d iffe re nt method, a ny not ic e t h a t m ust be given to m e under this N ote will be g iv en by

delivering it or by m ailing it by first class m ail to m e at the P roperty A ddress above or at a different address if I give the N ote

Hold er a n otic e o f m y d iffe re nt a dd re ss.

A ny n otic e th at m ust be given to the N ote H older under this N ote w ill be given by delivering it or by m ailing it by first

class m ail to the N ote H older at the address stated in Section 3(A ) above or at a different address if I am given a notice of that

d i ffe rent address.

8. OBLIGATIONS OF PERSONS UNDER THIS NOTE

If m ore than one person signs this N ote, each person is fu lly a nd p erso nally o blig ated to k ee p a ll o f th e p romises m ad e in

th is N ote, inc lu din g th e p romise to p ay th e fu ll a mo unt o wed . A ny p erso n w ho is a g uaran to r, su rety or e nd orser of this N ote is

also o bliga ted to d o the se th in gs. A ny pe rso n w ho tak es o ver th ese ob lig ation s. in clud ing th e o blig atio ns o f a g ua ran to r, su rety

o r en do rser o f th is N ote. is also o blig ate d to k eep all o f th e p romise s m ade in this N ote. T he N ote H old er m ay en fo rce its rig htsu nd er this N ote ag ain st ea ch p erso n in div idu ally o r ag ainst all o f u s to geth er. T his m ean s th at an yo ne of u s m ay be r eq uir ed to

p ay a ll o f th e am ou nts o wed un der th is N ote.

9. WAIV ER S

I an d any other person w ho has obligations under this N ote w aive th e rig hts o f P resen tm en t an d N otice o f D ish on or.

"P resen tm en t" m ean s th e rig ht to req uire th e N ote H old er to d em an d p aymen t o f am ou nts d ue. "N otice o f D ish on or" m ean s th e

rig ht to req uire th e N ote H old er to g iv e no tice to o th er p erso ns tha t am oun ts d ue ha ve n ot b een p aid.

... __ • __ ...... '~"... • ..... __ • ........ • !\••• , ••••• ;7:-••-r-rr--: .•. ".-.-



(Seal) -.

-Borrower

rXa1r- l1~LAU RA O. BOWM ASTBR

(Seal)

-Bor rower

•10 . U NIF ORM S EC U RE D NOT E

T his N ote is a uniform instrum ent w ith lim ited variations in som e jurisdictions. In addition to the protections given to the

Not e Hol de r under t hi s Not e, a Mortgage, D e e d of T r u s t , o r Secur ity D e e d (the "S ecu rity Instrum ent"), da ted th e s a m e date a s

t h i s Note , p ro te ct s th e Note H older from possible losses w hich m ight result if I do not keep the prom ises W hich I make in this

Note. That Sec ur ity In st rument d es cr ib es b ow an d under w hat conditions I m ay b e required to m ake immediate paym ent in full

of all am ounts low e unde r t hi s Note. Some o f tho se condi tion s .are described as follows:

If al l or any part of th e Property o r any Interest in the P r o p e n y is sold or transferred (or if B orrow er i s .

no t a n atu ral per so n a n d a ben eficia l in terest in B orrow er i~ sold o r tr ansferred ) w itho ut L en der 's p rior w rittenconsent, Lender m ay require inunediate paym ent in full of all s u m s secu red by th is S ecu rity In strumen t.

H ow ev er, th is op tio n shall n ot be e xe rc is ed b y'L en de r i f such exercise is p roh ibite d b y Applicable L aw .

If L ender exercises this option, L ender' shall give B orrow er notice of acceleration. The notice shall

provide a per iod of not J e s s than 30 days from the date the notice is given in accordance with Section 15

w ithin w hich Borrower m ust pay all sum s secured by th is Security Ins trument. If B orrow er fails to pay these

sums prior to the expiration of this period, Lender m ay inv oke an y remedies permitted by this Security

Instrument withou l' fu r tlJe r no tice or demand on Borrower.

11. DOCUM EN T AR Y T AX

The st ate documentary tax due on this Note ha s b ee n p ,a id o n th e mor tg ag e s ec ur in g th is i nd eb te dn es s.

W ITNESS THE HAND(S) AND SEAL(S) OF THE UNDERSIGNED '

~---- (Sea1)

- B o r r o w e r

_____________ (Seal)

-Borrower

I; ·

~------ (Seal)

-Borrower

------ (SeaI)

-Borrower.....

~-----------------~~)-Borrower

--- (Seal)

-Borrower

• [ Sig n O rig in al O n ly ]

~-5NIRII000ll1 Form 3210 1(01