Laserfiche WebLink
200303117 <br />HOME ASSET MANAGEMENT ACCOUNT ISM) RIDER TO MORTGAGE/DEED OF TRUST <br />(Open end credit with fixed rate ❑X variable rate interest) <br />This Home Asset Management Account {SMI Rider is dated 3/14/2003 and is an amendment <br />to the Mortgage or Deed of Trust ( "Mortgage ") of the same date given by the undersigned, <br />HIMANSHU AGARWAL <br />JEEVAN I AGARWAL <br />(hereinafter "Mortgagor') to secure the borrower's EquityLine [R) Account with Convertible Loan Feature <br />Agreement with Wells Fargo Bank, N.A. ( "Lender ") of the same date covering the property more particularly <br />described in the Mortgage (the "Property "). <br />In addition to the covenants and agreements made in the Mortgage, Mortgagor and Lender further covenant <br />and agree as follows: <br />L The word "Note ", as used in the Mortgage and this Rider, refers to the EquityLine [R) Account with <br />Convertible Loan Feature Agreement and Home Asset Management Account [SM] Addendum to EquityLine <br />[R) Account with Convertible Loan Feature. <br />1 Despite any language to the contrary in the Mortgage, Mortgagor covenants that the Property is <br />unencumbered, except for a fast lien purchase money or refinance of purchase money encumbrance in the <br />name of Wells Fargo Home Mortgage, Inc., its affiliates, successors or assignees. <br />3. Paragraph number 4 <br />of the Mortgage, which is captioned SECURED DEBT AND FUTURE ADVANCES <br />is hereby deleted in its entirety and replaced by the following <br />paragraph: SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined <br />as follows: <br />A. Debt incurred under the terms of the promissory note, revolving line of credit agreement, contract, <br />guaranty or other evidence of debt of same date together with all amendments, extensions, <br />modifications or renewals. The maturity date of the secured Debt is 4/1/2013 <br />B. All future advances from Lender to the borrower under such evidence of debt, whether obligatory <br />or discretionary. All obligatory future advances and advances to cure breeches of covenants contained <br />in the Mortgage are secured as if made on the date of this security Instrument. Nothing in this <br />Security Instrument shall constitute a commitment to make additional or future loans or advances <br />which exceed $ 26,475.00 <br />"",anon 11502 20030567900165 PAGE I <br />