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201607951
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Last modified
7/3/2017 5:40:20 PM
Creation date
11/28/2016 12:22:09 PM
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DEEDS
Inst Number
201607951
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(A)to affix the Manufactured Home to a permanent foundation on the Property: <br />(B) to comply with all Applicable Law regarding the affixation of the Manufactured Home to the <br />Property; <br />(C) upon Lender's request, to surrender the certificate of title to the Manufactured Home, if <br />surrender is permitted by Applicable Law, and to obtain the requisite governmental approval <br />and documentation necessary to classify the Manufactured Home as real property under <br />Applicable Law; <br />(D)that affixing the Manufactured Home to the Property does not violate any zoning laws or other <br />local requirements applicable to the Property; <br />(E) that the Manufactured Home will be, at all times and for all purposes, permanently affixed to <br />and part of the Property. <br />5. Charges; Liens. Section 4, Paragraph 1 of the Security Instrument is amended to add a new third <br />sentence to read: Borrower shall promptly furnish to Lender all notices of amounts to be paid <br />under this paragraph and receipts evidencing the payments. <br />6. Property Insurance. Section 5, Paragraph 1 of the Security Instrument is amended to add a <br />new second sentence to read: Whenever the Manufactured Home is transported on the highway, <br />Borrower must have trip insurance. <br />7. Notices. The second sentence of Section 15 of the Security Instrument is amended by inserting the <br />words "unless otherwise required by law" at the end. <br />8. Additional Events of Default. Borrower will be in default under the Security Instrument: <br />(A)if any structure on the Property, including the Manufactured Home, shall be removed, <br />demolished, or substantially altered; <br />(B) if Borrower fails to comply with any requirement of Applicable Law (Lender, however, may <br />comply and add the expense to the principal balance Borrower owes to Lender); or <br />(C)if Borrower grants or permits any lien on the Property other than Lender's lien, or liens for <br />taxes and assessments that are not yet due and payable. <br />9. Notice of Default. If required by Applicable Law, before using a remedy, Lender will send <br />Borrower any notice required by law, and wait for any cure period that the law may require for that <br />remedy. <br />10. Additional Rights of Lender in Event of Foreclosure and Sale. In addition to those Rights <br />granted in the Note and Security Instrument, Lender shall have the following rights in the event <br />Lender commences proceedings for the foreclosure and sale of the Property. <br />(A)At Lender's option, to the extent permitted by Applicable Law, Lender may elect to treat <br />the Manufactured Home as personal property ( "Personal Property Collateral "). Lender may <br />repossess peacefully from the place where the Personal Property Collateral is located without <br />Borrower's permission. Lender also may require Borrower to make the Personal Property <br />Collateral available to Lender at a place Lender designates that is reasonably convenient to <br />Lender and Borrower. At Lender's option, to the extent permitted by Applicable Law, Lender <br />may detach and remove Personal Property Collateral from the Property, or Lender may take <br />possession of it and leave it on the Property. Borrower agrees to cooperate with Lender if <br />Lender exercises these rights. <br />HCFG-00627 <br />Manufactured Home Rider to Security Instrument <br />2016111815.3.2.3509-J20160721Y <br />1 <br />2236918416219 <br />201607951 <br />Page 2 of 4 <br />.L <br />'.L <br />1 <br />
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