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<br /> ' L�nd�r�s a Gorporation,
<br /> L�AN#: 'I fi�5USF�22G68
<br /> und�r��� ���s�t Utah. o�g�nized �n� �xisting
<br /> Le���r'��d���ss is 93� East 6G�Q South, Murray, UT 84'12�.
<br /> ��� "T`r��t��" is Old Repui�lic Nat�onai Tit�e Insuran
<br /> ce Company.
<br /> ��� "�E��" is It��r�gage ��e�tranic f��g�s�r�ti�n Sys�er�s, �r��. �E�� ��
<br /> �c�ing �olely �s� nom�n�e f�r L�n���and L��d � separa�e �ar�ora�ton �h�� �s
<br /> er'S��CC�SS[��`� �n� �SS��nS. �ER� i��h� b�n�f�����
<br /> ur�d�r this ��cur�t� la�strument. �[EF�� i�o�g�ni�e�d �n� exis�in u�der�h� �a�r
<br /> an�dd��s�ar�d�elephane number��P.Q. � � s of C�elavv��e, �nd h��
<br /> ox����, F��n�, �I 4����-����, �el. �858}fi��-��RS.
<br /> �F} "N��e" n���r�s�h� p�om�ss�r� �o��sign�d by �arra�r�r�nd d���d June 2
<br /> T�� �6�te sta��s#ha� BorravUer a�ves L �, ���6.
<br /> ender �NE HUNDRED TEN TH�USAND FIVE HUNDRE�
<br /> E��HTYTV�I�AND N�1'I��** * **** ** * ******* * * ******* * **** ** * **** * ** ** ******
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<br /> �U.�. $'I'ID,58�.�� � p�us in�e�-�st. B�rrawer h �ollar�
<br /> a� �ro��sed t� �a�th�s d�b��n r�gu�ar F'�r��dic
<br /> P��m�����nd�o pa���� deb�in full not I��er t�an July 1, 2446.
<br /> ��� "IPr��ert�" m�ans the p��per���a�i�d��c�ib�d ��law und���n� h��din "Tran
<br /> Praper�." g sf�r�f R�g��s in �he
<br /> �H� "L�a�" ���n��h�d�b�t�v�denced b��he h�a�e, plu� in�eres�, l�te char es due un
<br /> ��� ��m�du� u��d�r�h�s Se�uri in���u��r� � d�r��e Nate, �r�d
<br /> � �, �fus �nt�r�s�.
<br /> ��� "����r�" rnean�a�f Riders�o�his S�e�ri�y ���trurnent�h��are��c�cu�ed � B�rrov�
<br /> R�der�ar��a be �xec�t�d b Borrov��r che Y er. Th�fal�����g
<br /> y [ �k�o�a�appl�c�bl��.
<br /> � �djus���O�� F��te Rider Q �ondominiur� R�der ❑ P�anr�ed
<br /> Un��Devel�pr�en�1���er
<br /> � C]�her�s} [specif��
<br /> �J� ��A�p�a�i��b�� La�" me�ns a�l can�r���i�g �pp�ic��le f�dera�, ��a�e an� �a�a! stat��es r
<br /> , e�ul�tior��,
<br /> or�in�n���and admi��s�ra�i��ru��s and ard��s��na�ha�re�he effe��of!a� as�ell�s al�a l�c�b� "
<br /> non-a ea�a��e ��di��a!� � �� e fir���,
<br /> �� � p�n�ans.
<br /> ��� ���+��mur��t�y�4,��e����t�vn�u�s,F'���,�r����s�s�r��r�ts"m�ans a!I�ues f��s �ss���m
<br /> a���rchar�estha��re��p�sed�r� ��rr��r�r�r�h�Pr � � �nts and
<br /> � r�per�y by�G�r�d�m�ntum as�o�Eat�or�, h�m���nrners
<br /> as���ia�i�n ar s�mil�r ar�ani�ation.
<br /> �L� "��e�tror���F�ur��s�"r�nsf�r"m�an�an��rans�er���un�s,o�her�han a firansac�i�n �
<br /> or��i na��d b�ch eck,
<br /> �r��t, �r s�milar�aper ins�rumen�= �nrhich is in���ated�h�rau�h an elec�r-oni�terrn�naf, ���e han�c in�trurn
<br /> �ampu�er, or m�gn�tic�a�e so as fi�o�der ins�ruct ar�u�h �� p e��'
<br /> , , � ��e�f�nanc�a� �nsfi��ut�an ��d�b���r�r�d�fi ar�
<br /> ��c�u�t. Such�e��n in��u��s, ���is n���i�nite���, poin�-����aie tra�nsf�rs, �ufi�nr�at
<br /> �d�el�er r��ch�n�tr�n�-
<br /> ac�i�ns, �ransf�r�i�i�ia��d b�r t��epn�ne, v�i���ransf��s, �n� �u��ma�ed cl��rin hause trans��r�.
<br /> 4�� "������v�t�nn�" m�an���a�e i�em��h�t ar�d �
<br /> .
<br /> e��r���� �n ��ect�on �.
<br /> � "�r.��e��ar����s�r����ds" means an�compens����r�, s����en��r��, �v��rd�f dama e� �r ro�
<br /> �a�d b}� any �n�rd party �ather th�� in�ur�n�� roce � ' p ��d�
<br /> � ��� ���d un��r�h� �ou�r-ages de�cr�b�d �n �e���ar�
<br /> �}for: ��� ��m��e�o, ar des�ru�tian a�, ��e F�r��er�y; �ii}c�ndemna�ion or o���r��kin of����r�n
<br /> �he P��p�rty; ��i�� conve�anc� �r� �i�u o��Qnd�mna�ia�� g �p���f
<br /> , a���v} m�srepres�n��t�ons �f, ar o��ss�an��s�a,
<br /> �he ualu��r�dlo�c�nd���on af the Pr�pert�.
<br /> ��� "���g�g� ���ur��c�" m�an� �n�ur�nc� �ra�ecting Le�d�r ag�ins��he non � �nent of r
<br /> on, �ne �o�n.
<br /> ,� y , � d ef�u l�
<br /> ��'� s`�'�r����c l���m�r�t" m�ans th� r��u�arl�s�he�ul�d am�un��u�f�r i rin�i ��and in��r�
<br /> the No�e �us i� an � �� � � ��un�er
<br /> , p � � � mou�fs und�r��c���n 3 af�h�s S�curi�y ln��rum��t.
<br /> ��� `����P►i�t"means�l�e Re�!��tate�et�l�ment Pr�oce�ur�s�c���2 U.S.�. 2��� e�se . and i �
<br /> � �q � �s�mp�ew
<br /> m���ing regu�ati�n, Re�ula��on � �1� G.F.R. F'ar� ��2�}, as �h�� mig�� be am�nde� fra�n �ime �o ��
<br /> or an�addi�iana�or�ucce�sor��g�slat�on ar regu�a�i�r� �h�� ov�rns�h�sam ��}
<br /> � �su b�ec�r���ter.A�us�� �n
<br /> �h�s �e�urity �ns�r�r�nent, "RES�'A" ref�rs to a�� r�quir�rnents and re��ric�i�ns�ha��r� im o�ed in r
<br /> tQ � iife��rally r�l���d mQr�ga � �a�n" ��e� if�h� LQan �' �g�rd
<br /> g ��es no�qu�lif��s a "fed�ra�l� re����d mo�t��ge
<br /> �oa�" u�rd�r R�SF'A.
<br /> �R� s`Se�r���r�'� m�an�the ������ary o�fhe Un�fi�d S��t�s Qe �rtrnen��f Hou � _
<br /> m�nt or��s�esign�e.
<br /> p ��ng and U�ban L�����ap
<br /> ��� "������s�r in �n�ere���f��rr�wer�� m�ans�ny � �i�a�has�ak�n���le
<br /> p �Y �a�he Pro��rt�,��ether
<br /> or n�t����par�y�as assumed Bo�r��ver's�bli���ion� und��-��e NQ�e andlar��i��ecurit insfrur�en�.
<br /> Y
<br /> TRAh��FER �F ��GHT� IN THE PR�p��TY
<br /> Th� �en��iciar� af tMi� S��ur��y in��rumenfi i� ��RS �s����y as nannin��for�.ender�nd �.�nder'
<br /> s s�c-
<br /> c���ors �n� a��i�ns} �n� th� succ�ss�r� an� as�igrr� �f�EF�S. Th�s S�cu�ity ln���ur��n��e�ur���a
<br /> Lend�r. ��}�he r�pa�m�nt of th� Lo�n, �n� �(I r�ne�rals; �xfi�nsran�ar�d ma�tficatians o�the Na �
<br /> �e, and
<br /> IVEI�R.A�K�—Sin�fe Famil}���`ann�e I�aelFreddie iVlac U�11F�'3R��h�STR.UI�ENT FQrm 3��8�lQ�I �
<br /> Madified for FH�912�14�HUD Handbvok�p�0.'�} '�" ���
<br /> InitiaMs:
<br /> Ell�e Mae, Inc. Page Z �f'�'� NEEFHA��QE ���5
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