Sjolander Note

8/6/2019 Sjolander Note

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IN THE CIRCUIT COURT OF THE FOURTH

JUDICIAL CIRCUIT IN AND FOR DUVAL COUNTY, FLORIDACIVIL ACTION

BANK OF AMERICA, N.A., ~.,Plaintiff, f;:'9\l\~ . t o " - C A - 0 n 5 0 3 5'tl ,,c)l,\,

D IV ISIO N FC -A

' X X X

UNKNOWN PARTIES CLAIMING BY TBRO H, UNDER, AND AGAINST THE HEREIN NAMEDIt\ INDIVIDUAL DEFENDANT(~) WH :ARE NO KNOWN TO BE DEAD OR ALIVE, WHETHER SAID1) UNKNOWN PARTIES MAY CL AN INT ST AS SPOUSES, HEIRS, DEVISEES, GRANTEES, OR

OTHER CLAIMANTS; T #1, T ANT #2, TENANT #3 and TENANT #4 the names beingfictitious to account for parties in possession, _---' _-:-:::-:::=:_-,____ D_efi_en_dan_t(_s>___;1 F I L E D

Plain tiff, B A NK O F AM ER IC A, N .A sues D efendants, D EB OR AH A . QUIblM ..SPO USE O F D E BO RAH A . Q UIN O NE Z; A N Y A N D A LL U N KNOWN PA R Tm s.s~~~ ~rnim rnr.-UN DER , A ND A GA IN ST THE HER EIN N AM ED IN DIV ID UA L D EFEN DA NT(S) W HO A RE N OT K NOW NTO BE D EAD OR ALIVE , WHETHER SA ID UNKNOWN PARTIES MAY CLA IM AN IN TEREST A SSPOUSES, HE IR S , D EVISE ES, GRANTEES, OR OTHER CLA IMANTS; TENANT #1, TENANT #2,TE NA NT #3 and TE NA NT #4 th e n am e s b ein g f ic titio us to a cc ou nt f or p ar tie s in p os se ss io n, a nd a lle ge s:

MORTGAGE FORECLOSURE COMPLAINT J U N 2 8 2 0 1 1

COUNT I - MORTGAGE FORECLOSURE1. This is an in rem action to foreclose a mortgage on real property located and situated in D UVA L

Cou nty , F lo rid a, w ith a p ro pe rty a dd re ss o f6 21 AQUATIC DR IV E , ATLANT IC BEACH , FL 3 22 33 .2 . This firm h a s co mplied w ith the no tice req uirem en t o f th e Fair D ebt C ollectio n P ractices A ct, 15

U.S.C. 1 69 2, et s eq , a s am en de d. T he N o tic e(s ) p re vio us ly m aile d b y th e firm i s a tt ac he d h er et o a nd i nc or po ra te dh er ei n a s a n E x hi bit,

3 . On De cembe r 1 8, 20 09 , t he re wa s e xe cu te d a nd d eli ve re d a P rom is so ry No te ( "Mo rt ga ge No te ") a nd aMo rtg ag e ( "Mo rtg ag e" ) s ec ur in g t he p aymen t o f th e Mo rtg ag e No te . T h e Mo rtg ag e was r ec or de d o n J an ua ry 5 ,2 01 0,O fficial R ecords B ook 15116 at Page 2151, of the Public R ecords of D U VA L C ounty , Florida, (A ll subsequentreco rd ing refe rence s a re to th e p ub li c r ec or ds o fDUV AL Coun ty , F lo rid a) a nd mo rtg ag ed th e r ea l a nd p er so na l p ro pe rty( "P ro pe rty ") d es cr ib ed t he re in , th en owne d b y a nd i n p os se ss io n o f th e Mo rtg ag or (s ). C o pi es o f th e o rig in al Mo rtg ag eFl0048881M000100 17655134

1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1


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No te a nd Mo rtg ag e a re a tta ch ed h ere to a nd in co rp or ate d h er ein a s a n E x hib it.

4 . Federal N ational M ortgage A ssociation is the owner of the note. Plain tiff is the servicer of the loanan d is the holder of the note. Federal N ational M ortgage A ssociation has authoriz ed P laintiff to b ring this action.P lain tiff is n ow e ntitle d to en fo rce th e m ortg ag e o r m ortg ag e n ote p ursu an t to Flo rid a S tatu te s 673.3011.

5. The Property is now owned of record by D efendant(s), D EB OR AH A . QUIN ON EZ.6. The Mortgage N ote and Mortgage are in default. The required installment payment of A pril 1,

2010, was not paid, and no subsequent paym ents have been m ade. T he M ortgage is contractually due for th e A pril1, 2010, paym ent. The last paym ent received w as applied to the M arch 1, 2010, installm ent, and no subsequentp aymen ts h av e b een a pp lied to th e lo an .

7. Plaintiff declares the full am ount payable under the M ortgage N ote and M ortgage to be now due.A MOUN TS D UE

8. Plaintiff m ust be paid $115,856.98 in principal on the M ortgage N ote and M ortgage, together w ithin te re st fr om Ma rc h 1 ,2 01 0, la te c ha rg es , a nd a ll c os ts o f c olle ctio n in clu din g title s ea rc h e xp en se s f or a sc erta in in gn ec es sa ry p artie s to th is a ctio n a nd r ea so na ble a tto rn ey 's f ee s.

9. A ll conditions precedent to the acceleration o f the M ortgage N ote and foreclosure of the M ortgageh av e b ee n p er fo rm ed o r h av e o cc ur re d.

10. Plaintiff has retained the law fum o f F lo rid a D efau lt L aw G ro up , P .L., in th is a ctio n a nd is o blig ate d top ay it a r ea so na ble f ee fo r its s er vic es in b rin gin g th is a ctio n a s w ell a s a ll c os ts o f c olle ctio n.

11. T he interests of each D efendant are subject, subord in ate, and in ferior to the rig ht, title, interest, andlien of Plaintiff's M ortgage w ith the exception of any special assessm ents that are superior pursuant to FloridaStatutes 1 59 ( 20 06 ) a nd F lo rid a S ta tu te s 170 .09 (2006 ).

12. THE UNKNOWN SPOUSE OF DEBORAH A . QUlNON EZ may have or claim an interest in theProperty that is the subject of this Foreclosure action by virtue of hom estead rights, possession, or any right ofr ed emp ti on , o r may o th erw is e c la im an i nt er es t i n t he P rope rt y.

13. TEN AN T #1, TEN AN T #2, TEN AN T #3 and TEN AN T #4 , the names being fictitious to accountf or p ar tie s in p os se ss io n m ay c la im s ome in te re st in th e P ro pe rty th at is th e s ub je ct o f th is f ore clo su re a ctio n b y v ir tu e o fa n u nr ec ord ed le as e o r p ur ch as e o ptio n, b y v irtu e o f p os se ss io n, o r m ay o th erwis e c la im a n in te re st in th e P ro pe rty . T hen ames o f th es e D e fe nd an ts a re u nk nown to th e P la in tif f.WHEREFORE , P la in tiff re qu es ts th at th e Cou rt a sc er ta in th e amo un t d ue P la in tif f f or p rin cip al a nd in te re st o nth e Mortg ag e N o te an d Mo rtg ag e a nd fo r late ch arg es , abst ract ing, t ax es , e xp en se s a nd c os ts , i nc lu d in g a tt or ne y's f ee s,p lu s int eres t t he reon; tha t ifth e s um s d ue P la in tiff u nd er th e Mo rtg ag e No te a nd Mo rtg ag e a re n ot p aid immed ia te ly , th eCou rt fo re clo se th e Mo rtg ag e a nd th e C le rk o f th e Co ur t s ell th e P ro pe rty s ec ur in g th e in de bte dn es s to s atis fy P la in tiff 'sm o rtg ag e lie n in a cc or da nc e w ith th e p ro vis io ns o f F lo rid a S ta tu te s 4 5.0 31 ( 20 06 ); th at th e r ig hts , title a nd in te re st o fany D efendant, or an y party claim ing by, through, under or against any D efendant nam ed herein or hereafter m ade a

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DIVIS I.()N fC -A. ,D efen da nt b e fo rev er b arred an d fo reclo sed ; th at th e C ou rt ap po in t a re ceiv er o f th e P ro perty an d o f th e ren ts, issu es,in come a nd p ro fits th ereo f, o r in th e alte rn ativ e, o rd er seq ue stratio n o f ren ts, issu es, in come an d p ro fits p ursu an t toF lo ri da S ta tu te s 697 .07 (2006 ) ; an d th at th e C ou rt re tain ju risd ictio n o f th is actio n to m ak e an y an d all fu rth er o rd ersand judgm ents as m ay be necessary and proper, including the issuance of a "I!t .otZftHs~~I{)aS:l~~~ of ad efic ien cy d ecree , w hen an d if su ch d eficie ncy d ecre e sh all ap pear p ro per, if b orrower(s) h a s not been discharged inbankruptcy.

) - X X X X - ~

V ER IFIC ATIO N O F FO RE CLO SU RE C OM PLA IN TUnde r penal ty o f p er ju ry , Iecl ar e t ha t Iav e read th e fo reg oin g, an d th e f a c t s a lle ge d th ere in a re tru e a nd c orre ct toth e b est o f m y k nowle dg e an d b elie f.

BANKOFAMERIc:fA.BY:~~~'P rin t N ame: NMg ~ST{OISTitle:ff.sst:srlWr (bee fics'(lEturDate: 6/~(c2oll

FILEDThis m _ day o f114 Vl.L 2011 J U N 2 8 2 0 1 1

L-:... 1 - - . . 1&-FloridaDefaultLaw rO~~i


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FLOR ID A D EFA ULT LA W GR OUP, P.L.

A TTOR NE YS A T LAW9119 C OR PO RA TE LA K E D R IV E

3RD FLOORT AM PA , FL OR ID A 33634P le as e r ep ly to :P os t O ffice B o x 2 50 18T amp a, FL 3 36 22 -5 01 8

Te le phone ( 813 ) 251- 4766Te le fa x ( 813 ) 251- 15 41

Ju ly 26 ,2010D E BO RAH A . Q UIN O NE Z6 21 Aq u at ic D r iv eA tlantic B each, FL 32233

R e:Loa n Numb er :Mo r tg ag e Se rv ic er

211820832B AC H OM E LO AN S SE RV IC IN G, L.P. FIKIA COUNTRYWIDEH OM E LO AN S S ER VIC IN G , L.P .B AN K O F AM ER IC A, N .A .re dito r to w homth e d eb t is o wed :P rope r ty Addre ss :O ur F ile N o .: 621 A QUA TIC D RIVE , A TLA NTIC B EA CH , FL 32233FI0048881

De a r Bo r rower :T he la w firm o f F lo rid a D e fau lt L aw G ro up , P .L . (h ere in afte r re ferre d to a s " la w firm") h as b een reta in ed torep resen t B ANK O F AMER ICA , N .A . w ith regards to its interests in the p ro misso ry N o te an d M ortgage execu tedby D EB OR A H A . Q UIN ON EZ on D ecem ber 18,2009. Pursuant to the term s of the prom issory N ote and

Mo rtg ag e, o ur c lie nt h as a cc elera te d a ll sums d ue a nd owin g, w hic h m ea ns th at th e en tire p rin cip al b alan ce an d allo ther su ms recov erab le und er the term s of th e pro misso ry N ote and M ortgage are no w d ue.A s o f th e date of th is letter, the am ou nt o wed to o ur client is $ 11 8,2 46 .6 0, w hich in clu des the u npaidp rin cip al b ala nc e, a cc ru ed in te re st th ro ug h to da y, la te c ha rg es , a nd o th er d ef au lt- re la te d c os ts r ec ov era ble u nd er th e

term s of the pro misso ry N o te an d M ortgage. A ddition al in terest w ill accru e after the d ate o f th is letter.T his c orres po nd en ce is b ein g s en t to c om p ly w ith th e F air D e bt C olle ctio n P rac tic es A c t a nd s ho uld n ot b e

c on sid ered a p ay off le tte r. O ur c lie nt m ay m ak e a dv an ce s an d in cu r fee s an d e xp en se s afte r th e d ate o f th is lette rw hich are recov erable un der the term s of th e p ro misso ry N ote and M ortgage. T herefo re, if yo u w ish to receiv efig ure s to re in state (b rin g y ou r lo an c urre nt) o r p ay o ff y ou r lo an th ro ug h a s pe cific d ate , p lea se co nta ct th is la w firmat (81 3) 2 51 -4 766 o r [email protected] nles s y ou n otify th is law firm w ith in th irty (3 0) d ay s afte r y ou r re ce ip t o f th is le tter th at th e v alid ity o fth is d eb t, o r an y p ortio n th ere of, is d is pu te d, th is law firm w ill assum e that the debt is valid. If you do notify th islaw firm in w ritin g w ith in th irty (3 0) d ay s a fter re ce ip t o f th is letter th at th e d eb t, o r a ny p ortio n th ere of, is d isp ute d,

F ILE N UM BER : F 10 04 88 81 HELLO LETTER
mailto:[email protected]:[email protected].


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this law finn w ill obtain v erification of the debt o r a copy of the judgmen t against you, if an y, an d m ail it to you.A lso , u po n y ou r w ritten re qu est w ith in th irty (3 0) d ay s after y ou r rec eip t o f th is letter, th is law finn w ill p ro vid e y ouw ith the nam e and address o f th e o riginal creditor, if different from the cu rrent creditor. Florida D efau lt LawG roup, P.L. is a debt collector. This law finn is attem pting to co llect a d ebt, and any info rm ation o btained w ill b eu se d fo r th at p urp os e.

A ll w ritte n re qu ests sh ou ld b e ad dressed to A lliso n R . S eb astia n, Flo rid a D efa ult Law G ro up , P.L., P .O .B ox 25 018, T am pa, Flo rida 3362 2-5018.T his law finn is in the process o f filing a C om plaint on th e p rom issory N ote and M ortgage to foreclose on

real estate. T he adv ice in this letter pertain s to you r dealings w ith this law firm as a debt collector. It does notaffect yo ur dealing s w ith th e C ourt, and in particular, it does not change the tim e at w hich y ou m ust answ er theCom plaint. The Summons is a command from the Court, not from this law finn, and y ou m ust follow itsin structions ev en if you dispute the validity o r am ount of the debt. The advice in this letter also does not affect thislaw firm's relations w ith the C ourt. This law finn m ay file papers in the suit according to th e C ourt's rules and thejudge 's inst ructions.

Finally, if yo u p reviously received a d ischarge in a bankruptcy involving this loan and did not sign areaffirm ation agreem ent, or if you are currently in an active bankruptcy and in rem stay relief has been granted, thenthis letter is not an attem pt to co llect a debt from you personally. This law finn is seek in g so le ly to fo reclo se th ec red ito r's lien o n rea l esta te an d th is law finn w ill not be seeking a personal m oney judgm ent ag ainst you.

Ify ou h av e q ue stio ns reg ard in g th is m atter, p le ase d o n ot h esita te to c on ta ct th is law finn.Sincerely,Flo rid a D efau lt L aw G ro up , P .L .

NOTICEFlorida Default Law Group, P.L. is a debt collector. This Firm is attempting to collect adebt, and information obtained may be used for the purpose.


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Doc * 2010001727, OR BK 15116 p a . , 51, Number Pages: 11, Recorded ~01/05/2010 at 01: 11 PM, JIM FULLE .. RK CIRCUIT COURT DUVAL COUN'n' RECO$95.00 MORTGAGE DOC ST $406.35 I GIBLE TAX $232.20

Equit y Set tlemen t Ser vi ce s, In c.4 44 R oute 111Smithtown, NY 11787 ~

Attn: Recording Dept. ./This document w a s prepared by :M ELA NI E B . POW ERSB AN K OF AMER ICA , N .A .

2595 W C HA ND LE R B LV DCH1INDLERAZ 95224

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MORTGAGE

DEFINITIONS

00021182083212009IDoc ID .1

(75"(, l t r

Wo rd s u se d I nmu i li pl e s ec ti on s o f this document a n : d ef in ed b el ow and o th er wo rd s a re d ef in ed in Scaions 3, II. 13. IB , 20 and21 . CI~r ta in rul es r ega rdi ng the u sag e o f wo rd s used i n t hi s d ocum ent a re a ls o p ro vi de d i n S oc ti on 16.(A) "Securi ty lastrumcnt" means t hi s d ocum ent , wh ic h i s d at ed DBCEMBER 18, 2009 , together w it h a ll Riden to tIIisdocument.( B ) "Borrower" isDEBORAH A QUINONEZ , A SINGLE PERSON

Bo r rower i s t h e mo rt gagor under t hi s SCl:u ri ty I n st rumen t(C) "Leader" is .BA NK OF A ME RIC A, N .A .Lender is a NA T ION A L A S SOC IA T ION o rg an iz ed a ndex is ti ng under t he laws of THE U NITE D STA TE SLender' s address i s101 So uth Tr yo n St ree t, Ch arl ott e, N C 28255Len de r i s t h e mor tg ag ee u nd er t hi s S ec ur it y Instrument.(D ) "N ote " m ea ns the p rom iss ory no te sign ed by Bo rr owe r a nd d a t e d DECEMBER 18, 2009 The No te s ta te s t h a tBo r rower owes LenderO NE H UN DR ED SIXTEEN TH OUSAND ONE H UNDRED an d 00/100Do ll a rs (U .S . $ll6, 100.00 ) p lus interest. Borrower bas promised 10 pa y this d e b t in r e&u la r Peri od ic Paymen ts and top a y t he d ebt in full not later than JA NU AR Y 01, 204 0(E ) "Property" mean s t he p ro pe rt y t ha t i s d e sc ri be d b el ow u nd er t he h ea di ni ' Tr an sf er o f R ig ht s i n t he P ro pe rt y. '(F) "LOaD" m ea ns t he d eb t e vid en ce d b y th e No te . p lu s i nt er es t, a ny p re paym ent c h a r a e s a nd la te c ha rg es d ue u n d e r the N o t e ,and all s um s d ue u nd er this Seeurity Instrument, plus in terest(G ) "Illd ers" m ea ns a ll R id ers 10 this S ec urity In sttu me nt tha t a re e xe cu te d by B orro we r. T he fo llow in i R ide rs a re 10 beexecuted by Bo r rower [ check box as appl icabl e ]:o Ad ju s tab le Ra t e R ide r 0 Condominium R idero Ball oon R ider 0 P la nn ed Un it D eve lo pm ent R i de rOVA Rider 0 B iweek ly Paymen t R ide rFLOR IDA -S in g l e F .m ly - F ln n l e Matll'reddlellac UNIFORM INSTRUMENTMot1gage.fl2006-.fL (05I08)(d~) Page 1 0110

B S econ d Home R i de rO 1-4 FlIt1iiy RiderOther(s) [specilY]F on n 30 10 11 11 1

i l


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OR BK 15116 PAGE 2152

ADDkESS:DEBORAH A. QUINONEZ, A SINGLE PERSON621 AQUhTIC C>P.IVEATLANTIC BEhCH,FL 32233-3842MICHAELYN EL>\-1APDS, A SINGLE PER SON

RECORDED : O~/28/2004CON~;IDEkATION: $10.00

SCHEDULE 11 A"1-0054B9filAl l that ceztain land situate in Duval County, rlo%ida, vii:Lot 30-1, AQUA~IC GAlU)ZNS, according to plat thereof recorded inPl at Book 38, .age. 71 and 7l A, of th e cuzrent public recozds ofDuval County , Fl orida.Togetber with all the tenements, hereditaments and appurtenancesthereto bel onging or in anywise appertaining.Parcel r e t : l7l8l8-5352TITLE VESTED (GRANTEE) :

PkEVIOUS OI'JNER (GRhNTOR):DATED: OS/27/2004D B V iii PAGE: 1Hl36-!Hi5


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OR BK 15116 PAGE 2153 D OC ID #, 00021182083212009

(n) "A pplicable Law " m eans all controlling applicable federal. state and local s ta tu tes , r eg ul at io ns . o rd in an ce s a ndadmini st ra t iv e rul es and o rd e rs (that h av e th e e ff ec t o f l aw l a s w e l l as al l app licable f i n a l . non-appealable j u d i c i a l opinions.(I) " Com munity A ..... i.tion D u ... F..... nd An_m "'" means al l dues. fees, _ments and other ciIargeI that ar eimp os ed o n B or rowe r o r t h e P ro pe rt y b y a condominium asso c ia ti on , homeowner s as so c ia ti on or similar organization.(J) " E le tt ro ni c F un ds Transfer" m ea ns a ny tr an sf er o f f u n d s . o th e r t han It ra ns ac ti on o ri gi na te d b y che ck , d ra ft , o r s im n . .paper i n s m m e n t , wh ic h i s i ni ti at ed t hr ou gh an e le ct ro ni c t ermi na l, t el ep ho ni c i lU lt rument , c : o m p u 1 C r , or m agn etic tap e s o a s too rd er, i ns tr uc t, o r au tho ri ze a financial 'institution to debit o r c re di t a n a cc ou nt . S uch t erm i nc lu de s, b u t i s n o t l im i ted to, polnt-of-sa le t ran sf e rs . au tomat ed t el le r mach in e t ran sac li on s, t ran sf er s i ni ti at ed by t el ep ho ne . w ir e t r. ns fe rs , a nd a u t o m a t e d cleatinghousetransfers.(K) " Es cr ow I tems " m ea ns t ho se it em s th at a re described in Section 3.(L) "Mi sc el l e ou l P ro ee ed s" m ea ns a ny c om pe ns at io n, s ett leme nt , a wa rd o f d 8l tl8 ie s. o r p ro ce ed s p aid b y any third par t y( ot he r t ha n i ns ur an ce p ro ce ed s p ai d u nd er t he c ov er ag es d es cr ib ed i n Section S ) f o r : (i) d am la e t o, o r d es tr uc ti on of; the Proper ty ;(ii) condemnation or other taking of a ll or a n y p ar t of the Property; (iii) c o n v e y a n c e in lie u of c ond em na tion; o r(iv) misrepresentations o f, or om issi on s as to , t he v al ue a nd /o r c on di ti on o f the Property.(M) "Mor tg age I nsur ant e" m e a n s I nsur ance p ro tec ti ng Lender ag ai ns t the nonpaYl!l4mtof, o r d ef au lt o n, t he L oan.(N ) " Pe rio dic : P ly me nt " m ea ns t he re gu la rly s ch ed ule d amo un t d ue f or ( i) p ri nc ip al a nd i nte re st u nd er th e N ote , p lu s < ii f a nyamoun ts under Sect io n 3 o f t hi s Secu ri ty I n st rumen t.(0) "RESPA" m e a n s the R eal E s ta te S et tl em en t P r o c e d u r e s Ac t (12 U,S.C. Sect io n 2601 et seq.) an d i t s implementingregulation, Regulat ion X (24 C ,F .R . P ar t 3S00) , a s the y m ight be a me nd ed from tim e 10 ti me , o r any addi ti on a l o r s u c : c e s s o rle gis la tion or reg ula tion tha t g ove rns th e sa me s ubje ct m atte r. A s u s e d in I hi s S ec :u rity I ns tru me n~ " RE SPA' r ef er s to allr equ ir emen ts and res tr ic ti on s t ha t ar e Imp os ed i n r eg ar d t o a f ed e ra ll y r e la ted mo rt gaae l oan " even i f t he Loan does not qual if y . .8 'federally re la ted mor tgage l oan " under RESPA .(P) "Sueeessor ia Int_ t of Borrower" means a n y party that has t a k e n title to t he P roper ty , whethe r 01' n ot t ha t party h a sassumed Borrower 's ob ligat ions under the No te a nd /o r t hi s Securi ty Instrument .TRANSFER OF R IO II TS IN THE PROPERTYTh is Secu ri ty I ns tr umen t secu res to Lender. (i) th e r ep ayme nt o f th e Loan , a nd a ll r en ewa ls , e xt en si on s a nd mod if ic at io ns o f t beN o te ; a nd (ii) the p e r f o r m a n c e o f B o rr ower 's c ov en an ts a nd agr eement s u nd er t hi s S ec ur it y I ns tr um en t a n d the Note. F o r thispurpose, Borrower does h er eb y mor tg ag e, g ra nt a nd con vey to Lender, t he fol lowing desc r ib ed p roper ty located i n t he

COUNTY of DUVAL[Type .rRe


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OR BK 15116 PAGE 2154 DOC ID #. 00021182083212009

P ayme nts a re d eeme d r ec ei ve d b y L en de r w he n RC eiv ed at t he l oc at io n d es ia na le d i n !b e N ote or at s uc h o th er lo ca tio n a sma y be d es ig na te d b y L en de r in a cco rd an ce w it h th e n otic e p ro vi sio ns i n S ec tio ll I ' . Lende r m ay r el Ul ll ll l1Y p aymen t o r par t ia lp ayme nt if t he p ayme nt o r p arti al p ayme nts a re In su ffi cie nt to b rin g th e Loan current. Lender ma y accept 1lIIYp a y m e n t o r pa rt ia lp ayme nt i ns uff ic ie nt to b rin g th e L oa n c ur re nt, w ith ou t w aiv er o f a ny r ig hts h e r e u n d e r o r p re ju dic e to I ts r ig hts to refu so s u d tp ayme nt o r p ar ti al p ayme nt s in th e future, b ut L en de r is n ot o blig ate d to a pp ly s uc h p aymel ll s a t ! be time sud ! p a y m e l l l s area cc ep te d. I f e a ch P er io dic P ayme nt is a pp li ed a s o f i ts s ch ed ule d d ue d ate , th en L en de r n e e d not pa y i n t e r e s t on Ul l lPPt ied 1 I I n d .s,Lende r m a y h ol d s uc h u na pp li ed f im ds u nt il B o rr ow er m a ke s p aymen t to b ri ng t he Loa n c ur re nt . I f B o r r o w e r d oe s nO ldo so w i th ina re as on ab le p eri od o f t im e, L en de r s ha ll e it he r a pp ly s uc h fu nd s o r re tu rn th em to Bo rr ow er . I f n ot a pp li ed e ar li er . s uc h funds wiltbe applied to th e o utstan din g p rin cip al b alan ce u nd er th e N ote Im me diate ly p rio r to fO le Clo su le . N o o ffset o r cla im w hichB orro wer m ig ht h av e n ow o r in t he f ut we a ga in st L en de r s ha ll r el ie ve Borrower fro m m ak in g p ay men ts d ue u nd er th e N ote a ndt hi s S ec ur it y I ns tr um en t o r p er fo rm in g t he c ov en an ts a nd a gr eem en ts s e c u r e d by t hi s Secu r it y In st rument .1. A pp lica tio n o f P ay men ts o r P ro cee ds. E xce pt a s o th erw ise d esc rib ed in th is S ec tio n 2 . a ll paymen ts I IC I :CP tec lndapplied by L en de r s ha ll b e a pp lie d in th e f ollo win g o rd er o fp ri ori1 y: ( a) in te re st d ue under t he No lC; ( b ) p r il 1l 1i pal due u n d e r theN o te ; (c ) a mo un ts d ue u nd er S ec tio n 3 . S uc h p ayme nt s s ha ll be a pp li ed to e ac h P er io dic P ayme nt in th e o rd er in w hic h it becamedue . Any r em a in in g amoun ts s ha ll b e a pp li ed f ir st t o l at e c ha rg es . s ec on d 1 0 a ny o th er amou ll ls d ue u nd er t hi s S ec ur it y I ns tr um e nt ,a nd t he n t o re du ce th e p rin cip al b ala nc e o f t he N o te .If L en de r re ce iv es a p ayme nt f rom B or ro we r f or a d elin qu en t P er io dic P ayme nt w hic h im :l ud cs a s uff io ie nt a mo un t t o p aya ny l ate c ha rg e d ue . th e p ayme nt m ay b e a pp lie d to th e d elin qu en t p ayme nt a nd th e l a t e c ha ra e. I fm o r e t h a n one Pe ri odi c Paymentis o uts ta nd in g, L en de r m ay a pp ly a ny p ayme nt re ce iv ed f rom B or ro we r to th e r ep ayme nt o f th e P eri od ic P ayme nts it ; a nd to thee xte m th at, e ac h p ayme nt c an be p aid in f ull. T o the e xt en t t ha t a ny e xc es s eK is ts a ft er t he p aymen t i s a pp li ed to the full J l IIYII1ento f o ne o r m ore P erio dic P ay me nts, su ch ex cess m ay be applied to an y late c ha rg es d ue . V o lu nt ar y p re pa yme nt . s ba ll b e appliedfi rs t to a ny p re pa ym en t c ha rg es a nd th en a s d es cri be d in th e N ot e.A n y a pp li ca ti on o f p aymen ts , i ns ur an ce p ro ce ed s, o r M is ce ll an eo us P ro ce ed s t o p ri nc ip al d ue u nd er t he No te s ha ll n ot e xt en do r p os tp on e th e d ue d ate , o r c h an ge t he amo un t, o f t he P eri od ic P ayme nt s.l. Funds for E scrow Item s. B orrow er shall pay to L en de r o n th e d ay P erio dic P ay me nts m d ue under th e No te , u nt il t heN ote is p aid in fu ll, a su m (tile 'Fu nd s') to p ro vid e f or p ayme nt o f a mo un ts d ue fo r: (al t axe s I II1da s se s sment s and OIhe r i temsw hi ch c an a tta in p rio ri ty o ve r th is S ec uri ty I ns tr um en t a s a lie n o rc nc um br an ce o n th e Property; ( b) R a se ho ld p aymen ts o r a ro un d

ren ts o n the P ro pe rty . if an y; (c) p re miu ms fo r a ny an d all in su ran ce re qu ire d b y L en de r under S ectio n '; a nd (d) Mo!tpgeI ns ura nc e p re miums , if a ny , o r a ny s um s p ay ab le by Borrower to L en de r in l ie u o f th e p aymen t o f Mo rt aa ge I ns ur an ce p remi um sin a cc or da nc e w ith th e p ro vis io ns o f S ec tio n 1 0. T he se ite ms a re c alle d " Es _ I te ms .' A t o ria in a1 io n o r I I 1 lI IYti me d ur in glb et erm o f t he Loa n. L en de r m a y r eq ui re t ha t C ommun it y A s so ci at io n Du es , F ee s I II 1dA s se ssm en ts , i f a n y , b e e sc row ed b y Borrowe, ' ,a nd s uc h d ue s, fe es a nd a ss es sm en ts s ha ll be a n E s cr ow I tem . Bo rr ow er s ha ll p rompt ly f ~m is h to Lende r a ll n ot ic es o f emounts tobe p aid u nd er th is S ec tio n. B or ro we r s ha ll p ay le nd er th e F un ds f or E sc ro w I te ms u nlm L en de r w aiv es B or ro we r's o bli ptlo n t op a y th e F un ds f or a ny o r a ll E sc ro w I te ms . L en de r m ay w aiv e B or ro we r's o blig atio n to pa y to L en de r F un da fo r a ny o r a ll E sc ro wItems at an y tim e. A ny su ch w aiv er m ay o nly be in w riti ng . In tile e ve nt o f s uc h w aiv er, B or ro we r s ha ll p a y d ir ec tl y. when a n dw here p ay ab le , th e am ou nts d ue fo r a ny E sc ro w Ite ms fo r w llich p ay men t o f Fu nd s has b e e n w a i v e d by L e n d e r and, I f Lende rr equ ir es , s hal l f ur n is h to L en de r r ec eip ts e vid en ci ng s ue h p ayme nt w it hin s uc h tim e p er io d a s L en de r m ay r eq uir e. B orr ow er 'so blig atio n to m ak e su ch p ay men ts a nd to p ro vid e re ce ip ts s ha ll f or a ll p ur po se s be d ee med to be a c ov en an t a n d aareementc on ta in ed i n t h is S ec ur it y I ns tr um e nt , a s t he p hr as e " co ve ns nt a n d a gr eem en t" i s u s e d in Sec ti on 9 . I f B o r row er i s o b li aa le d to payE sc ro w I te ms d ire cd y. p ur su an t to a w aiv er, a nd B or ro we r fa ns to p ay the amo un t d ue f or a n E sc ro w It em , L en de r m a y exer ci se I tsrig hts un de r S ectio n 9 an d p ay su ch am ou nt an d B orro wer sh all th en be o blig ate d u nd er S ec tio n 9 torepay toLende r I ll y s uc ha mo un t. L en der m ay rev ok e th e w aiv er a s t o a ny o r all E sc ro w Item s a t a ny tim e b y a n ot ic e g iv en I n I ICC Il I'd an cew it h S ec ti on "a nd , u po n s uc h r ev oc atio n, B or ro we r s ha ll p ay to L en de r a ll F un ds , a nd i n s uc h amo un ts , th at a re t h e n r equ ir ed unde r t hi s Sect ion3. Lende r m a y, at a ny tim e, c olle ct a nd h old F un ds in an amoun t ( a) s u ff ic ien t to pe rm i t Lende r to a pp ly t he F un ds at t he t im os pe cif ie d u nd er R E SPA , a nd ( b) n ot t o e xc ee d t he m ax im um amo un t a l en de r c an r e q u i r e u nd er R E SPA . L en de r s ha ll e stim ate th ea mo un t o f Fu nd s d ue o n the ba si s o f a ir ren t data a nd r ea so na bl e e st im a te s o f e xp en di tu re s o f f ut ur e E s


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Bo rr ow er s ha ll p rompt ly d is ch ar ge a ny l ie n w hi ch ha s p ri or it y o ve r t hi s S ec ur it y I ns tr um en t u nl e5 1 BonDwer : ( a) a g r e e s Inw ri ti ng t o t he p aymet lt o f t he o bt i' ga tl on s ec ur ed by the l ie n i n a m anne r a c< :e pt ab le to L en de r, b ut o nly s o lo n& a s BO lTOWerispe rf o rm i ng such ag reemen t; ( b] cont es ts the l ie n i n g oo d f ai th by, o r d ef en d, a ca ln lt e nf or cem en t o f t he l ie n i n, le ga l P ro ce ed in ll lw hi ch I n L en de r' s o pi ni on o pe ra te to p re ve nt t he e nf or c: em e nt o f t he l ie n w h il e t ho se p ro cc ed ln 81 a re p en di ng , b ut o nl y u nt il I lI Chproceedings Ino nc lu de d; o r (c ) s ec ure s f rom th e h old er o f th e lie n UI agreement sati s factory to Lender aubonIIna ti ng t he l ien toth i~ S ec urit y In str um en t I f L en de r d ete rm in es th at a ny p art o f th e P ro pe rty I s s ub je ct to a lie n w hic h c an a tlli n p rio rity u ve r tb isS ec urit y In str um en t, L en de r m ay g iv e B or ro we r a n otic e id en ti fy in g th e lie n. W id rin 1 0 d a ys o f th e date o n w hicb tha t n oIiee Isg iv en , B or ro we r s ha ll s at is fy th e lie n o r t ak e o ne o r m ore o f t he a ctio ns se t fOl1babove In t his ~on 4.L end er m ay re quire B orro wer to p ay a o ne-tim e cb arg e fo r a rea l estate ta x ve ri fi ca ti on ancUor r epo rt ina s e rv ic e u s e d byLende r i n c o nn cc tl on w it h t hi s L oa n.S. P ro pe rt y I ns un ac e. B or ro we r s ha ll k ee p the improvements n o w e xi st in g o r h er ea ft er e re ct ed o n th e Proper1y I n i A l r e dagai ns t l os s by fire, h ll Z8 f1 ls i nc lu de d w it hi n t he t erm " ex te nd ed c ov er ag e, " a nd a n y o the r haza rd s 1n< :l ud ing , but n o t IimilCll to,e arth qu ak es II I1 d flo od s, fo r w hic h L en de r r eq uire s I ns ura nc e. T his in su ra ne e s ha ll b e m a i n t a i n e d in the IIIIOURIS( in


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p ayme nt o r in a s er ie s o f p r og re ss p ayme nts a s th e work i s comp le ted . I f t he 1n. 1UTI I1COr condemna ti on p ro ceed s a r e noc su fl lc len tt o r ep ai r o r r es to re t he P ro pe rt y, B or rowe r i s n o t r el ie ve d o f B o rr owe (s o bl ig at io n f or t he c ompl et io n o f s uc h r ep el r o r r e s t O r a t i o n .Len de r o r i ts agen t may mak e t ea 50 nabl e e nt ri es u po n and i ns pe ct io ns o f t he P ro pe rt y. I f itha s l ' eI I !OII IbIecause, Lender mayin sp ec t t he i nte rio r o f ! he i mp ro veme nts o n th e P ro pe rty . L en de t s ha ll g iv e B or ro we r n otic e a t th e tim e of or p rior to s uc h a nint er io r i nsp ec t io n spec ifyi ng such reasonab le 'B Il se .8. Borrower's L o a D A pp ll atio n. B or ro we r s ha ll b e in d ef au h if , d u rin g th e Loan appli~OII p r o c e s s , B or ro we r o r a nyp er so ns o r e nt it ie s a ct in g a t t he d ir et :t io n o f B o rr owe r o r w it h B o rr owa 's k nowl ed ge Of consent g ave mate ri al ly r a i s e , misleading,o r i na cc ur at e i nf orma ti on o r s ta teme tl ts t o L en de r ( or f ai le d to- p ro vid e L en de r w illi m ate ria l i nf or ma ti on ) i n c on nd on w ith th eLoan. Ma te ri al r ep re se nt at io ns i nc lu de , b ut a re n ot l im it ed t o, r ep re se nt at io ns c on ccmi ng B or rowe (s o cc up an cy o fl ll e Property asBorrower 's pr incipai residence,9 . P rotec tion of Le nde r's Inte res t In Ibe Pro pe rty a nd R ItIhll U nde r th is Sec.rIty I ns tr um en t. I f ( a ) B o rr ow er fa ils t op er fo rm t he c ov en an ts a nd agr eem en ts c on ta in ed i n t hi s S ec ur it y I ns tr um ent , ( b) t he re i s a l eg al p ro ce ed in a t h a t might significantlya ff ec t L en de rs i nt er es t i n t he P ro pe rt y a nd /o r r ig ht s u nd er t bi s S ec ur it y I ns tr um en t (such a s a p ro ce ed in g i n b ll lk ru pt cy , p ro ba te ,f or c on demn at io n o r f or fe it ur e, f or e nf or cement o f a l ie n wh ic h m ay a tt ai n p ri or it y o ve r t hi s S ec ur it y I ns tr um ent o r to en fc r ee l awso r r eg ul at io ns ). o r ( c ) B o rr owe r h as a band on ed t he P ro pe rt y, t he n L en de r m ay d o a nd p ay f or wh at ev er is r easonabl e o r approp r i_t o p ro lc ~1 L en de r' s i nt er es t i n t he Property a n d r ig ht s u nd er t hi s S ec ur it y I ns tr um en t, i nc lu di ns p ro te ct in g and IO f uaassinll1hev al ue o f t he P ro pe rt y, a nd s ec ur in g a nd lo r r ep ai ri ng t he P ro pe rt y. L en de~s a ct io ns c a n i nc lu de , b ut a re n ot l im it ed to : (a) payinaa ny s um s s ec ur ed by a lie n w hi ch h as p ri or it y o ve r t his S ec ur it y I ns tr um en t; ( b) a pp ea rin al n c ou rt ; a nd (0 ) paying rcuonablea tt orney s' f ees t o p ro tec t i ts i nt er est i n t he P ropert y and/or r ig h ts under t hi s Secu ri ty I ns tr umcrt l, i nc ludi ng its S D C U r e d p o s i t i o n in abankruptcy p ro ceed ing . Secu ri ng t he P ropert y i nc lud es , but is not l im it ed t o, e nt er in g t he Property to mak e r ep ai rs , c ha ng e l oc ks ,re plac e o r b oa rd up do ors a nd w indo ws, d ra in w ate r f r o m p ip es , e lim in at e b uil din g o r o th er c od e v io la tlo ns o r d an ge ro usc on di ti on s, a nd h av e u ti li ti es t um ed o n o r o tT . A l th ou gh L eede r m a y l ak e a ct io n u nd er t hi s S e c t i o n 9 , Lander d o e s not h a v e to d os o a nd is not und er a n y duty o r obl ig a ti on to d o so. It is a gree d t h a t Len de r i nc ur s n o l ia bi li ty f or n ot t ak in a a n y o r a ll l IC ti on sau thor iz ed under t hi s Section 9.

A n y amounts d isbursed b y Len de r u nd er t hi s S ec ti on 9 s ha ll b ec om e I dd it io na l d e b t o f B o rr owe r s ec ur ed by th is Securi tyI ns tr um en t. T he se amou nt s s ha ll b e a r inte re st a t the N ote ra te from the d ale of d isbu rse me nt a nd sha ll be p ay ab le , w ith suc hint er est , u pon not ice f rom Lender t o Bo rrower r equest in g payment .I f t h is S ec ur it y I ns tr um en t i s o n a l ea se ho ld , B o rr owe r s ha ll c ompl y w it h a ll the p ro vi si on s o fl be l ea se . I f B o r rowe r a cq ui re sfee t i tle to Ihe Property , tbe l ea se ho ld a nd t he fcc t it le s ha ll n ot m e rg e u nl es s L an de r a gr ee s t o the merger i n wr it in g.1 0. M ortga ge I urlllc e. If L end er re qu ire d M ortg ag e Insura nc e as . c on dition o f m ak ing the Loa n, B orrow er s ha il p ayt he p rem iums r eq ui re d t o m ai nt ai n t he Mo rt ga ge I ns ur an ce i n e ff ec t. I f, f or a ny r ea so n, t he Mor tg a&e I ns ur an ce c ov er ag e r eq ui re db y L en de r c ea se s t o be a vanabl e f rom t he mor tg ag e i ns ur er t ha t p re vi ou sl y p ro vi de d s uch i ns ur an ce a nd B o nowc r wa s r eq ui re d tomake s ep ar at el y d es ig na te d p ayment s t owa rd t he p remi um s f or Mo rt ga ge I ns ur an ce , B o rr owe r s ha ll p a y th e premiums required too bl ai n c ov er ag e s ub st an ti al ly e qu iv al en t t o t he Mo rt ga ge l ns ur en ee p re vi ou sl y i n e ff ec t, a t a c os t s ub st an ti al ly e qu iv al en t t o thec os t to B or ro we r o f th e M or tg ag e In su ra nc e p re vio us ly in e ff ec t, f r o m a n a lt er na te m or tg ag e i ns ur er s el ec te d by L en de r. I fs ub st an ti al ly e qu iv al en t Mo rt ga ge In su r&n ce cov er ag e i s n ol a va il ab le , B or rowe r s ha ll c on ti nu e t o p ay t o Lender th e amount o f thesepara t el y d esi gn a ted payment s that w e r e du o w he n the insu ra nc e c ov era ge c ea se d to b e in e ffe ct Le nde r w ill accep t , u se a ndr et ai n t he se p ayment s a s a n on -r ef un dabl e l os s r es er ve i n l ie u o f Mor tg ag e I ns ur an ce . S uch l o s s r ese rv e sha ll b e non- re fundab le ,n otwit hs tanding the f ac t t ha t t he L o a n i s u lt im at el y p aid i n f ul l, a nd L en de r s ha ll n ot b e r equ ir ed t o p a y Borrower a n y intereSt Ofe ar ni ng s o n s uch l os s r es er ve . L en de r e nn n o l on ge r r eq ui re l os s r es er ve p ayment s i f Mo rt aa ge I ns ur an ce c ov er aa e ( in t he amo un tan d for the period I ha l Lender r equ ir es ) p rovided by a n i ns ur er s el ec te d by L en de r a ga in b ec om es a va ila bl e. is obtained, andL en de r r eq uir es s ep ara te ly d es ig na te d p ayme nts t ow ar d t he p remi um s f or M or tp ge I ns ura nc e. I f L en de r r eq ui re d M or ta ag eIn sura nc e a s a co ndhion of m ak ing the Loa n a nd B orro we r w as required 10 make sepanlely desi gn a ted payment s toward thep remi um s f or Mo rt ga ge I ns ur an ce , B o rr owe r s ha ll p a y the p remi um s r eq ui re d t o m ai nt ai n Mor1pge I ns ura nc e i n e ff ec t, o r t op ro vi de a n on r ef un dabl e l os s r es er ve , u nt il L en de r' s r eq ui rem en t f or Mo rt ga ge I nSU l' Jl lc e e n ds i n l ICCOr danc ew it h a ny w ri tt ena gI CC II IeR tb etwe en B o rr ower a nd L en de r p ro vi di ng f or s uc h t cn ni na li on o r u nt il t crmi lt 8l io n i s r eq ui re d by Applicable L a w .No th in g i n t h is S ec ti on 1 0 a f fe ct s B o rr owC l' s o bl ig at io n t o p a y i nl er est a t t il e ra te p ro vi de d i n t h e N o te .Mo rt ga ge I ns ur an ce r eimb ur se s L en de r ( or a n y e nti ty th at p ur ch as es t he N ote ) fo r c er ta in lo ss es it m ay in ou r if B or ro we rdoes no t r ep ay th e Loan a s agreed. Bo rr owe r i s n ot a party to t he Mo rt gag e I nsur ance .Mo rt gag e i nsu re rs ev al ua te t he ir total r is k o n a ll s uc h in su ra nc e in fo rc e ftom lim e to tim e, a nd m ay enter in to agreementsw it h o th er parties that s ha re or m odiJ Y th eir risk, o r r e d u c e losses. These a ll fCC 'm ent t a re o n t erms and con di ti on s t h a t aresatisfactory to t he m or tg ag e in su re r a nd t ile o th er party ( or p a rt ie s ) to these a a r e e m e n t s . These agreements may r eq ui re th emor tg ag e i ns ur er t o m ak e p aymenl ~ u si ng a n y s ou rc e o f f un ds t ha t t he mor tg ag e i ns ur er m a y have avai lab le (whi ch m a y includefunds ob ta in ed f rom Mortgag e I nsur ance p rem iums) .

A s a r es ul t o ftb es e a gr eeme nts , L en de r. a ny p urc ha se r o f th e N ot e, a no th cr i ns ure r, an y r e i n s u r e r , a ny o th er a nt ity , o r a nya ffi lia te o f a ny o f t he fo re go in g, m ay re ce iv e (d ir ec tly o r i nd ire ctl y) amo un ts t ha t d eri ve I iom () rm i gh l b e c h a r a c t e r i z e d as) ap ort io n o f B orr ow e~ 5 p ayme nt s f or M or tg ag e I ns ur an ce , in e xc ha ng e f or s ha rin g o r m od if Yi ng th e mo r t gage i ns ur e~ s r is k, o rr ed uc in g l os se s. If s uc h a gre em en t p ro vid es th at a n a ff ilia te o f L en de r t ak es a s ha re o f t h e in su re fs r is k In e xc ha ng e f or a shirt oft hc p rem iums pa id to t he i nsur e r, t he a rr angemen t I so f ten ICrmed ' cap ti ve r ei nsu ran ce . Fur th e r:(a) A ny sod! Igr_ ents ,.,iII not ,ffect Ibe am ounts tblt B orrow er lias I J f U C I to pay for M Orlpae Ins .... nee, (oraDYo th er t erms 0 ' the L o a D . Sucb a ,r eemeDI I ,.,iII D ot In cr ea se Ib e Im oU llt B or ro we r w il l o we r or M or tg ag e I nl1 lr D1 lc t,Ind tbe y w iD .01l l lt i tie Borrower to any re fund.(b) A DY sock agreem enll w ill not Iffecl tbe rlpb B orro,.,er bn - "I.)' - wltll r"peet to Ibe M ortpp IlIIlIraA eeunder the H om eow ae r. P rote ction A ct of 19 98 Of I ny o lb er 1 11 1' .n el l! ripll I II II Y II Id ud . t il e r ip t to n ee lv e c er ta ind isc lo sure s, to re que st an d o bta i. c an ce Ua tton of the M ortpge Insuranee, to hive tile M ortpp I...... nee tenD luledautomatically, Indlor to reeelvea refund of any M ortpge losurance prem luma Iblt w ere uH arued al till time 0' lucbcl llceUat ion or !e11l l1n l tlou.1 1. i Us ip me oi o f M is ce lla ne ou s P ro ce ed s; Fo r'e it ur e. A ll M is ce lla ne ou s P r o c e e d s a re h er eb y a ss ig ne d to a nd s ha ll b epaid to Lender.F LO RlD A-S ln gle F am ily -F in nie M HIF _1 o M oe U NIF OR M IN ST RU ME NTM~ageFl2006-Fl (OIi/08) P~e ~ of t 0

FORI I 30 1 0 1 1 01


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I f t he P ro pe rt y is d am ag ed , s uc h M is ce ll an eo us P ro ce ed s s ha ll be a pp lie d to r es to ra tio n o r r ep air o f the P ro pe rt y, i f th er e st or a ti on o r r epa ir is e co nomi ca ll y f ea si bl e a nd L en de r' s s ec ur it y is n ot l es se ne d. D uri ng s uc h r ep air a n d restoralion period.Len de r s ha ll h av e t he r ig ht t o h ol d s uc h M is ce ll an eo us P ru ce ed s u nt il L en de r his h a d an opportunity to in~ sudl Property 10e ns ur e t he w or k h as been comp le ted t o Lender' s s a ti sf act io n , p rov id ed t h a t su ch insp ec ti on sh al l be undertaken prompt ly. Lenderm ay p ay f or th e r ep air s a nd r es to ra tio n i n a s in glc d is bu rs em en t o r in a s er ie s of progress payments IS t he wo rk Is completed.Un lC5/ ;a n a gr eem en t i s m ade i n w r it in g or Appl ic ab le L aw r eq ui re s i nt er es ll o b e p ai d OIl such MlscelllIICOul P r o c e e d s , Lendersh al l n o t be r eq ui re d t o p ay B o rr owe r a ny i nt er es t o r e ar ni ng s on su ch Mi sce ll an eou s P roceed s . If th e r c s t o r a I l O l l or repeir is n oteconomical ly f eas ib le o r Lender' s s ecu ri ty wou ld b e l es sen ed, the Miscellaneous P r o c o e d s s ha ll b e a pp lie d t o th e s um s s e c u r e d byt hi s S ec ur it y I ns tr um en t, wh et he r o r n ot then due , wi th the ex ces s. I f any, paid to Borrower. Such MiscelllllCOus P r o c e e d s shall beappl ied i n t he o rd e r p rov id ed for in Section 2.I n t h e e vent o f a t ot al t ak in g, d es tr uc ti on , o r l os s in v al ue o f t he P ro pe rt y, the Misce ll an eou s P roceed s sh al l be appl ied t o thesums secured by th is Securi ty I n smmen t, w h et II er o r n ot then due, wi th t he e xc es s, i f a n y , p a i d to Bcrrower.. In the event o f a pl ll l ial tak ing , destruction , o r los s in va lue o f the P ro pe rty In w hk h th e f B i r m a r i c e ! v al ue o f th e Propertyimm edi at el y b ef or e t he p ar ti al t ak in g, d es tr uc ti on , o r l os s i n v al ue I s e qu al t o o r I f C 8 I C I ' than th e amo un t o f the s u m s secured byt lt is Secu ri ty I n st rumen t immed ia te l y b efo re the part ia l t ak ing . d est ru c ti on , o r l os s I nv a l ue , u n l e s s Borrower a n d Lender o therwiseagree i n w ri ti ng , t he s um s s ec ur ed by I bi s S ec ur it y I ns tr um en t s ha ll be reduced by the _ t of the Miscellaneous Proceedsl '\lul1ipliedby the following fraction: (8) th e t ot al am ou nt o f th e sums secured immediately bef or e t he pa rt la I t ak ing, destruaion, orl os s i n v al ue d iv id ed by ( b) th e f ai r m ar ke t v alu e o f t he P ro pe rt y i mm ed ia te ly b ef or e the partial tak ing . destru l: t ion , O r loss inva lu e . Any ba lan ce s h a l l be paid to Borrower.In the e ven t of a partial tak ing . destruction, or lo ss i n v al ue o f th e P ro pe rt y i n wh ic h the f air m ar ke t v alu e o f t he Propertyimmediatcly b ef or e th e p ar ti al t ak in g, d es tr uc ti on , o r l os s i n v a l u e i s l e ss th an th e amo un t o f the s u m s secu red Immed ia te ly b efo r elhe part ia l t ak ing . d est ru c ti on , o r l os s i n v a lu e , un les s Bo rrower an d Lender o therwise agree i n wr it in g . t he Mi sce ll aneous P roceed sshall be a pp li ed t o t he s um s s ec ur ed by t hi s Secu ri ty I ns tr umen t whethe r o r nol th e s u m s a r e t I t e n d u e .I f t h e P ro pe rt y i s a b a nd on ed b y B o rr owe r, or I f .af ter no tice by Lcndert o BOI lOWert ha t t he Oppo s ing Party (as def ined in then ex t s en te nc e) o ff er s 1 0m ake an awar d t o s e ul e a claim fo r damaaCli, Borrower f B i l s 10 respond to L e n d e r within 30 d a y s a ft er t hed al e t he n ot ic e i s g iv en , L en de r I s a u th or iz ed to c ol le ct a nd app ly t he M is ce ll an eo us P ro ce ed s e it he r 10 r e st or a ti on o r r epe l r o r tileP r o p e r t y o r t o t he s um s s ec ur ed by t hi s S ec ur it y I ns tr um en~ wh et he r o r n ot t he n d uc . " Opposing P I I l I y " mean s t he t hi rd p a r t y . tllllo we s B or ro we r M is ce ll an eo us P ro ce ed s o r t he party against whom Bo rr owe r h as a right of action i n r egl ll 'd t o Mi sce ll an eou sProceeds.Bo rrower sh al l b e i n d ef au lt i fa ny a ct io n D r p ro ce ed in g. wh et he r c iv il o r c r im ina l, i s begun t ha t, I nLender 's ju dgmcnl , couldr esu lt 'i n for fe it ur e o f t he P ropert y o r o th er m a te ri al imp ai rm ent o f L en de r' s i nt er es t i n the P r o p e r t y o r r ip lS u nd er t hi s S ec ur it yInstrument . Borrower can c ur e s ud ! a d ef au lt a nd , if a cc el era tio n h as occurred, r emS ll te a s p ro vi de d I n Section 19. by CllUSin, thea ct io n o r p ro ce ed in g 1 0be d ismi ss ed w it h a r ul in g t ha t, i n L en de r' s j ud gm c~ p re cl ud es forfeiture o f t he P ro pe rt y o r o t h e r materialimp ai rm ent o f L en de r' s I nt er es t i n t he P ro pe rt y o r r ig ht s W I d er this Securi ty Inst rument . Th e p ro ce ed s o f a ny awa rd o r c la im fordamages t h a t a r e a tt ri bu tab le t o t he impa i rment o f Lender' s interesl in t he P roper ty a r e h e r e b y a ss ig ne d and s ha ll b e paid to Lender.A l l Mi sce ll an eou s P roceed s t ha t a re not appl ied t o r est or a ti on o r r ep a ir o f t he P roper ty s h a l l b e app li ed i n t h e o rd er p ro vi de dfor. in Section 2.12 . B or ro we r N ot R el ea se d; F or be al 'll ac c B y L ea de r Not. Waiv er , E x te ns io n o f th e time fo r paymont or modif icat iono f am or ti za ti on o f the s um s s ec ur ed b y t hi s S ec ur it y I ns tr um ent g ra nt ed by Lender to Bo rr owe r o r a n y S u c ce ss o r i n I nt er es t o fB o rr owe r s ha ll n ot o pe ra te to release the l iabi li ty of B orrow er or a ny S uc ce ssors in In te re st o f B orrow er. Le nd er s ha ll no t b er eq uir ed 1 0 c omm en ce p ro ce ed in gs a ga in st a ny S uc ce ss or in I nte re st o f B or ro we r o r to refuse 10 extend time f or p & ym cn t o ro th erw is e m od if y amo rt iz at io n o f t he sums secured b y t hi s Secu ri ty I ns tr umen t b y rea.~ of any dem and made b y th e originalB or ro we r o r a ny S uc ce ss or s i n I nt er es t o f B or ro we r. A ny f or be ar an ce by L en de r in e xe rc is in g a ny r ig ht o r r e m e d y including.w ith ou t li mit at io n, L en de rs a cc ep ta nc e o f p ayme nts f ro m th ir d p ers on s, e nt it ie s o r S uc ce ss or s ill Interest of Borrower or Inamou nt s l es s t ha n t he amouot t hen due, shall n ot h e a wa iv er o f o r p r ec lu de t he e xe rc is e o f an y r i&hlor remedy.

fl. Joint a nd S ev er al L ia bi li ty ; C Hignen; Successors and Alsip, Bound. Bo r rower covenan ts IIId agRCS thatBo r rower' s ob li ga ti on s and l iab il il y sh al l be jo in t a nd s ev ct al. H ow ev er , a ny B or ro we r w ho _ si gn s t h i s Secu ri ty I n st rumen t bu tdoes n ot e xe cu te t he N ote (a " co -s ig ne r" ): ( a) is c o- sig ni ng t hi s S ec ur ily I ns tr um en t o nly t o m or tg ag e, g ra nt a nd convey theco-signers i nt e res t i n the P ro pe rt y u nd er th e te rm s o f t hi s S ec url t) I ns tr um en t; ( b) I s n ot p er so na ll y o bl ip tc d 1 0 p ay the 5IIIR$secured by t hi s S ec ur it y I ns tr um en t; a nd ( c) a gr ee s t ha t L en de r a nd a ny o th er Borrower c an a gr ee 10 extenct. modl ty , forbear ormalle any accommoda ti on s wi th r ega rd 10 the t erms o f t hi s S ec ur it y I ns tr um ent o r t he Note without the co-signer 's COJIsenLSubject to th e p rov is io n s o f Sect io n 18 . any Suc ce ss or i n I nt er es t o f B o rr owe r wh o a ss um e s B o rr owe r' s Qb li pl io ns u n d e J thllSecurity lnstrument in wri ting. an d i s approved by Lender, sh al l o b ta in a ll D f BOI lOWer 's r i gh ts l I I e l benefits u n d e r th is Securi tyI n st rument . Bo rrower sh al l n o t b e r ele ase d fr om Bo rrower 's ob li ga t io n s and l iab il it y under t hi s Security Instrument u n I e s a Lendera g r e e s t o s uc h r el ea se i n w ri ti ng . T he c ov en an ts a nd a gr eeme nt s o f th is S ec ur it y I ns tru me nt shall b in d ( ex ce pt a s p ro vi de d inSection 20 ) and benef it the SUCCCSSOB and as si gn s o f Lender.14 . Loan Cha rg es . L en de r m ay cha rg e B o rr owe r f e e s f or se rv ices p e rfo rmed I n connec t io n wi th Bo r rower 's d e fau l~ for thepurpose o f p rot ect in g Lender's imerest in th e Property a nd r ig ht s u nd er t hi s S ec ur it y I ns tr um ent , i nc lu di ng , b ut n ot Bm il ed to,a t to rney s' f ees , p rop er ty i nsp ec ti on and va lu a ti on fees . In r eg ar d t o a n y o the r f ee s , the a bs en ce o f elql(CSSauthority i n t hi s Secu r it yI n st rumen t t o ch arge a s pe oi fi c f ee 1 0B o rr owe r s ha ll n ot b e c on st ru ed a s a p ro hi bi ti on o n t he c ha rg in g o f such fee. L e n d e r ma y notch arge f ees t ha t a r e express ly p roh ib it ed by th is Securi ty Instrument o r by App li cab le Law.. If the Loan is subject to a law w hich sets max im um l oan cha rg es , a nd t h a t l aw i s f in al ly i nt er pr et ed s o t ha t th e i nt er est o ro th er l oa n cha rg es c ol le ct ed o r 10 be c ol le ct ed i n c on ne ct lo o w it h th e Loan e xc ee d t he p en ni ll ed l im il l, t he n: (a ) any sud! loanc ha rg e s ha ll b e r ed uc ed b y t he amou nt n ec es sa ry t o r ed uc e the c ha rg e t o the penn it ted l im i t; an d (b) an y s u m s already collectedfrom Bo rrower wh ich exceeded perm i tt ed l im i ts wi ll be refunded to Borrower. Lender ma y choose 10malle t h i s refund by reduc:ingt he p ri nc ip a l owed u n d e r the N ote D r by mak in g a d ir ec t p ayment t o B o rr owe r. I f. refund r edu ces p r in c ip a l, t he r educ ti on will betreated a s a p ar ti al p re pa ym ent w it ho ut a ny p rc paym em cha rg e (wh e! he r o r not a prepaymenl e b a r a e i s p rD v id ed f or u n d e r theNote). Bo rr owe~s a cc ep ta nc e o f any su ch re fu nd m ade b y dire ct pa ym ent to B orro we r w ill co ns titu te a w aive r o f a ny rip t o fa ct io n B o rr owe r m ig ht h av e a ri si ng o ut o f s uc h o ve rc ha rg e.F LOR lDA -S in g 1 e F am iy -- Fa n n l . MotlFreddie Mlc UN IF O RM I NS TRUMENTMotIQago-Fl2000-FL (M'08) Page e of 10

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15. N otica. A U n otices given by Borrower o r Lende r in c omec ti on w it h t hi s S ec ur It y I ns tr umen t mus t b e i n w ri ti ng . A nynotice to B or rowe r I n I lOMec :t io n w it h t hi s S ec ur it y I ns tr umen t s ha ll be d e e m e d to have been given to B o I T O W C I when ma il ed byf i r S t c lass m al l o r w he n actua1ly d eJ iv md to B or rowe r' s n ot ic e a dd re sI lf s em by o C h e r means. Notice to any o ne B orTo Im ' s ha llc:ooSlilUle notice to a ll B or rowe rs u nl es s A pp li ca bl e L aw e xp re ss ly r eq ui ll ll l o th erwi se . T h o n Olk :e ad dr ess sh ill b e t he PropertyA d d r e s s unless Borrow h as d es ig na te d a s ub st it ut e n ot ic e a dd re ss b y n ot ic e t o L en de r. B or rowe r s hi ll p romp tl y D O l i I ) ' L e n d e r ofB o r r o w e r ' s c ha ng e o f a d d r e s s . If L e n d e r sJICI)ines p r o c : c d u r e fo r reporting BOITOWtI' I ch ll lp of a dd re ss , t he n Bo rrowe r shallonly report c ha ng e o f a dd re ss t hr ou gh t ha t s pe ci fi ed p ro ce du re . T h e r e ma y be only one designated notice a d d r e s s u n d e r thisSecurity Instrument at any o n e time. An y n o t i c e to Lender shall be B iven by d el iv er in g I t o r by mailinll it by f ir st c la ss mai l toLender' . address s t a t e d h e r e i n u nl es s L en de r h as d es ia na te d a no th er a dd re ss by n ot ice t o B orr ow er . A ny n ol k:e In I lOnnec lion withthis S e c u r i t y I ns tr umen t s hi ll n ot be deemed to hav e b een g iv en to Lende r unt il actuIIly RlCCived by L en de r. If any noliec requiredby t hi s S ec ur it y I ns ln lm en t i s a l s o required u n d e r App li ca bl e L aw . t he A pp li ca bl e L aw r eq uI reme nt w il l S II is l) ' t he c or re sp on di ngrequi remen t under thi s S ec ur it y I ns trument .

16 . GO\'eJ'IIl'l UlIII' l SeY erabW ty; R ul .. of Coast rad lon . This Security I ns tr umen t s hi ll b e g ov er ne d by foderallaw andthe law of th e jurisdiction in w hi ch th e P r u p e J t y i s l uc :a te d. A ll r ipm IIIfI o bl ig at io ns cOl lt ai ne d I n t hi s S ec ur it y I ns tr umen t a resubjoct to a ny requi remen ts a nd I lm i1a tIOl lS of A ppli~e Law. A pplicable Law m ight oxplidtly o r implicitly al low tho p a r t i e s toa g r e e by c:oot racl o r i t m ia hl be siieflt, b ut su ch s il enc e sh all n ot b e c on st ru ed I S p rohibi ti on a pins t a greemen t by c o n t r a c t . I n t il eevent t h a t an y p rov isi on o r ,Ia use o f t hi s S ecu ri ty In str um en t o r t ile N ot e c on fli cts w ith A pp lic ab le L aw . su ch conflict s h a l l " " ta tr ee ! o th er p ro vi si on s o f t hi s Security I ns trument o r the No te wh ic b c an be g iv en e ff ec :t w i th ol ll t he COII fl ic ti ng p rovi sion .A s u se d i n t hi s S ec ur it y I nS IrUmen t: ( a) w or ds of the mas cu li ne g en de r s ha ll m ea n 8 II d i n cl ud e c or re sp on di ng n eU1e rwor ds o rw o n t s of th e f imlinine pule r; (b) w or ds in th e si na ul ar s bal l m ea n a nd in cl ud e th e p lu ral ll lfl v ice v er sa; an d ( e) the wor d "ma y"gives ao le d i5! : re t ion without any obligation to t ak e a ny a ct io n.17. Bo rrowe . .. . C l I p " . Borrower s ha ll b e g ive n o ne co py o f t he N ot e a nd o f t h is S ec uri ty In st ru me nt .18 . Transfer 01tile Property or I B eaelldall.ternt I. B orrow er. As u s e d in this SectiOll 18 , " In te Rs l i n t ho Property'm e a n s any legal or beneficial i n t e t e s t in the P ro pe rt y. i nc lu di ng . b ut n ot l im it ed t o, those b en ef ic ia l i nt er es ts t ra ns fe rr ed i n bOI Idfor deed, co nt ra ct fo r d ee d. i nst all me nt sl le s c on ln Klt o r e sc ro w aw ee me nt. t he in te nt o f w hic h i s the t ra ns fe r o f t it le by Borrowerat future date to a purchaser.

. If a ll or any p ar t o f th e P ro pe rt y o r any Interest in the Property i s a o ld o r I J B n s f e r r e d (o r ifBolTOWer is not a natural p e r s o nand a benef ic ial in te res t i n B o rr ow e r is ao ld o r n.ns fer red ) wi thou t Lende r' s p rior wr I tmi COII sc nt ,L ender may roqul re Immediat epaym ent in full of a D Suml s e c u r e d by t hi s S ec ur it y I ns tr umen t. H owev er . t hi s o pt io n s ha ll n o t be exercised by L en de r i f s u c hexerc ise is proh ibi ted by Appl ic ab le Law .tf L e n d e r e xe rc is es t hi s o pt io n. L en de r s hi ll giw B o r r o w e r notice of acce lera tion. T h e n o t i c e shall p ro v id e p er io d o f n otless lhan 30 days Ii 'om the date th e notice Is siven in ICQOI'dance wi th Sec tion 15 w it hi n whi ch B o r r o w e r must p ay .11 s u m ss e c u r e d by this Security I ns 1n ImeDt . I fBor rower f ai ls to p ay th ese su ms p ri or t o th e e xp ir at io n o f t hi s p e r i o d , L en de r may I nv ok ea n Y remedies p e r m i t t e d by th is Security Ins trument w i th o u t t ia th e r n ot ic e o r d e m a I l d on BoIrower.1 '. Bor.-er'. R I & h t to Relaatate After Atteleratlol. If B o r r o w e r meet s c en&in condi tiO ll s. Borrower sh all h av e t her ig ht t o h av e e nf or ceme nt o fl hi s Security I ns tr umen t d is co nt in ue d a t a ny t im e p ri or to the earliest of: (a) n ve d ay s b ef or e sale ofth e Property pursuan t to an y p ow er o f sa le co nt ain ed i n t his S ec ur ity Ins tr ument ; ( b) s uch other period IS App li ca bl e L aw m ig hts pec iIY fo r t he t er mi nat io n o f B or ro wc fs r ig ht to r ei nst at e: o r ( c) e nt ty o f a judgment e nf or dn g t hi s Security I ns trument . ThoaeCOIIdilions a rc that Borrower: < a l p a y s Le nd er al l s um s w hi ch th en w ou ld be due u n d e r I bi s S ec ur it y I ns tr umen t a nd the Note a s ifno acce lera tion ha d occur red ; (b) cures any default of any other covtIIants or apementS; ( cl p ay s a ll e xp en ses l n c u r r e d ine nf or ci ng t hi s S ec ur it y I ns tr umen t, ln cl ud in g, b ut n ot l im it ed to, ICISOnable attorneys' f e e s , property inspection and 'VII lua t ion feel .a nd o th er f ee s i nc ur re d f or I be p ur po se o f p ro te c: ti ng L en de r' 5 I nt er es t i n t h e P r o p e r t y a nd r ig hl S u nd er t hi s S e c u r i t y I ns trumenl l a n~(d) likes such action 85 L en der m ay rasonab ly r eq uir e to a s s u r e thai L en de r' s I nt er es t i n th e Property an d r ig hts u nd er t hi s Security Instrument, and Borrower 's o bl ig at io n t o p ay th e sums secured by t h i s Security I n s t r u m e n t . shall continue unchanJed,Lende r may requi re t h a t B or rowe r p ay s uc h r ei ns ta te me nt s um s and expenses in one or m ore of th e fo llowing forms , as s el ec te d byL e n d e r : (al cash; (b) money order; ( c) c er ti fi ed c be ck , benkcheck, t reasurer' s c he ck o r c as hi er 's c he ck , p ro vi de d a ny sucb ch eck isdrawn u pO l\ a n in sti tut io n w ho ae dep osi ts ar e in su re d by a fe de ra l ag en cy , i nst ru me nta lit Y o r c otIt y; o r ( e I ) E lec tron ic FundsTransfer. Upon reinstlllement by B or rowe r, t hi s S ec ur It y I ns tr umen t a nd o bUp1 io ns s ec ur ed h e r d J y shall remain fully e tr ec ti ve a sif n o acceleration h a d 0 C < l U I I C d . Howeve r. t hi s rigbt to reinstate shall n ot a pp ly i n th e c a s e o f a cc el erat io n under Sec tion 18 .20 . S411e'NICe; CII.a .. or Loan S er vl ee r; N ot ke of Grieva_. T he N ote or partial interest in the Note (tDgether withthis Security Instrument) IlIII be s ol d o ne o r mor e t im es w lt h


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2 1. H az ard oa . Sabltl .ces . As used i n t hi s S ec ti on 2 1: l a) ' Hl IZ II 'd ou l Substances ' a re t ho se s ub st an ce s d ef in ed a Sl ox icor hazardous s ub sllll1 Ce l. p ollU la nll, o r ....... b y E nv iro nm cn la l L aw IIId th e fo llo win g s ub sta nc es : p so lln e, lc ero le lle , o th erf1l11111111blcr toxic petroleum p ro du cts , to xic p estic id es a nd h erb ic id es . v ola tile 1 I O I v e n t s , m ate ria ls c on ta in in g a sb esto s o rf orma ld eh yd e, a nd r ad iO lC li ve m at er ia ls ; ( b) " En vi ro nmen ta l L aw " meaRS federal Jaw s an d law s of th e j ur is di ct io n w hn 1 b eProperty is I c x : a t e d t h a t Rille to health. safety or envll'Olll l lOlltal proIeI:tion; (t) "Envlronmenlal CJ_up' i nc ludes any r esponsea ct io n, r cm cd ia la ct iO l1 , o r r emov al a ct io n. I S d ef in ed i n E nv ir onme nt al Law; a n d (d ) an 'E nv lrom nental Co nd itio n' m eans acond it ion t ha t c an cause . con tr ibu te to. o r o th erwi se t rig ge r a n E nv ir onme nt al C le an up .B or rowe r s ha ll n ot c au se o r p ermi t 1 b e p re sence, u se , d li pOSll . s t O r a a e , o r r el eu e o f a ny H lI ZI I' do us Sub st an c: cs , o r t hr ea te n Ii)rel_ any H lIZ II'dou s S ub stan ces, on or In the Property. B orro we r s ha ll n ot d o. n or a llo w a ny on e e ls e to do , anything af fecting thePJopcrty (a) t h a t is In v io la ti on o f any Envi ronment al Law, (b) w hid l c RB le s a n E nv iro nm en ta l C on ditio n, o r (c ) w hic h, d ue to di ep re se nc e, u sc , o r re le as e o f a H lIZ II'd ou s S ub sta nc e, c rc aIes condition thai adversely affects the n lue of the P rop erty. TItepreeecling two sentences & b a l l not apply to l h e p re se nc e, usc. or sto,. on the Property o f sm all q ua ntitie s o f H az ar do usS ub sta nc es th at a rc p ne ra lly l ' C I l O g I I i z c d to be appro~ to I I O n I 1 I I r es iden ti al u se s an d to m ainten ance of th e Property(including. but not limited to , hazanlnus substances in consumer products).Borr owe r shal l promptly g iv e L en de r w ritte n n otic e o f ( a) a ny in ve stig atio n, c la im . demand, la ws uit o r o th er a ctio n b y an ygovemmcnt al o r r egu la to ry agency o r p ri va te p ar I) Il nv olv in g t he Property a n d a ny H az ar do us Sub al am c: e o r E nv ir onme nt al L aw o fwhich B o r r o w e r has a c t u a l knowledge, ( b ) a ny E nv iro nm en tal C oo dltio n. in clu din c b ut n ot lim ite d to . a ny sp illln g. le ak ln "d is ch ar ge , r el ea se o r th re at o f r el ea se o f a ny H a z a r d o u s Substance, a n d (c ) a ny c on ditio n c au se d b y the p re se nc e, u se o r re le as e o fa HazIrdous Suba tancc wh ich adve rs el y a ff ec ts the v alu e o f th e P ro pe rty . If B o r r o w e r le arn s, o r is n otifie d b y a ny so vemm en ta l o rregulatory authority. o r any p ri va te party. th at any rtm ov al o r o t h e r r em ed ia ti on o f a ny H az ar do us Sub at an ce a ff ec ti ng the Propertyis necessary , Borrower shall p r o m p t l y t a ke a l l n eo es 5ll Jl r em ed ia l a ct io ns i n accordance with Environmental Law. NoIh inS her ei nshall create a n y obl ig a ti on on Lender for an Environmental Cleanup.

NON UNIPORM COVENANTS: B orro we r a nd L en de r fu rth er c ov en an t an d I If CC follows:12. AtIeratlol; Remtdla. Leader _II & lve notice to Bo rr owe r p ri or to a ea le nl lo a f oUow IDCBo rr owe r' s b rI II el lo r I.,. _ _ at o r a .. _ 1 .. this S e e ll rl ty f aR ra l ll tl lt ( b n t D O t pr ior to aereleralloa .1Id. . Section 1 8 aD ie u Applicable

Law p r ovl d ea o~ en ri Ie ) . T l te l o tl e e allaH specl f yl ( a ) t he dda.1 t; (b) tb. le d . . N qlirec i to c are tile d .f . . lt; (e) I ct.te, 10 1l ea sd l ln 3 0 d lY S t ' r u i J I t he d at e tile notlet II &lvtll 10 Borrower . by wlale ll t he de fau lt mUll bt CIft4; ad (d ) ~ II r.llu re tDcure tile d eflu lt o n o r b ef or e th e date lpeeil led Ia l b o ll ce ma y r ea ll l t l a . cc :e l I rI l Ioa o r tile 1UIIII lKllnd by t l li l Seenr ltyf u tn l lD tD t , f o re doa t lr e by Judlc:lll proceedlnl and .. Ie o f " e PrGpertyo TIle IIOIlee Iblll IIIrther II form Borrower of th eriptto reinstate after Icceleratlon and lb . rIgIIt to alltrl Ia lb. fondosure proeecdla . .. .. non-ex~e of der .ult or y-otblr def ll l . . o r Bo rr ow er t o _ le ni ti on llId f or ee lo lu . ... I f th. def .ult 11il0l c u re d G Ilo r be fo re til, date . . - U I e d inlb. l otI c. , L en de r .t I ta o ptio n m ay r eq uir e Immedia te ,.ymID I In 1110 of I I I IU I II I IK l l r ed by "Is S e tu r lt y l u t_ e n t.. rlb ou t f.rther dem lld I.d m lY fored ose thll Setarity J aa tr um e al b y J D dk la 1 p roeaedi Jl g. Leade r aII.11 be entitled toeolled all'lpIIIleallelrnd h i p u . ... ln'tlle re me die s p ro vid ed In this Seetlon n,Ileladlft" bu t n ot lim ited to, m_ableItto ru )'I' fe es a Dd _ .. o f t itle e vld en -

FLORI DA -S in g le F lm II "" 'n t I' - _ _ IMeUNIFORMINSTRUMENTM o I I8 . . FL2008-FL 10MI8) Page a C lf 10

Form 3010 1/01


15/19

OR BK 15116 PAGE 2160 D OC 1 0 # : 0 00 21 18 20 83 ~1 20 09

2 3. H eh lll& \. U po n payment o f a ll s um s s ec ur ed b y t hi s S ec ur it y I ns 1I 'I Im ef ll , Lend., sha ll r el ea se t hi s Se l; ur it y Ins tr ument .Bo rr owe r sbal l p a y l1li) ' le OO Id atio n c os ts . L en de r m ay c blrp B orr ow er a f ee fo r re le as ln a th is Security fnS1l 'l lmeDt,but only if thefee i s pai d to third p a r t y for lC!\ 'ices r en de re d a nd the dwJina or the fe e I s p c nn il lO d u nd er Appl ic ab le L aw .l4. Attoneys ' Fees. As used in this Secur i ty I n S 1 l ' U m e n l a n d th e Note , l IItorneys' f e e s shall i n c l u d e those awarded by anappellllC cowl a nd a ny Ittomeys' f ee s i ncu rr ed i n a bank rup lC )' p roceed ina lS. Ju ry T rial W.lYtr. The Bo rr ow er hereby wa ives l il lY r ip l to a trial by jill)' in an y a ction , p ro ce edin " c laim . o rcounterc laim, whether in cont ra ct o r tori. at law or in eq uily , arising o ut o f o r In an y w a y related to t hi s S ec ur it y I n st rum en l o r t heNote.

BY S IGN ING BBLOW . B on ow er a cc ep ts a n d a g r e e s t o t he te rm s a nd c ov en an ts c on ta in ed in th is S ec ur ity In strume nt a nd inany R i de r e K c c u t e d by Bo rr owe r a nd r ecor ded w it h it.S ig ne d, s ea le d a nd d el iv er ed I n t h e p re se nc e o f.

'.

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- Bo rr owe r

_____________ --=-(SeaI)- Bo rr owe r

______________ --::c-(SeaI) Bo rr owe r

FLORIDA -SI ng I e FomII y -F IMIe " " "' ~ Ma c UNIFORM INSTRUMENT~2006-FL (05108) P ag e 9 c lIO

F an n 3 Ot O t ll l1


16/19

OR BK 15116 PAGE 2161 S TA TE O F FL OR JD A ,

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17/19

repared by: ME I.A II IE B . P 01 IE R S LOAN #: 211820832

FLOR IDA F IXED RATE NOTE -S in g le F am i ly -F in ni e I be lFNdd Ie 1 1K UN I FORMINS' I1 tUMENT F orm 3 2t O t lO 1

NOTEDECEMBER18. 2009

[Date)A TL AN TI C B EA CH

[CIty)FLORIDA

(SIIIe)621 AQ UATIC DR. ATLANT IC BEACH , FL 32233- 38 42

[P ropo rt ) Add re s s)

1. BOR ROWER 'S PROM ISE TO PAYIn return for a 10lIl dIIt I h av e r ec ei ve d, J prom ise to pa y U.S. $116.100.00 ( th is a mo un t is c alle d " Pr in cip al" ),

pluslnterest, to the order of the Lender. T he Lender isB AN K O F A ME RIC A, !l.A .I will m ake all paym ents under this N ote in the fonn of cash , ch eck or m on ey o rd er.

I uruIentand that the Lender m ay IlU Sfer this N ote. T he Lender or anyone w ho lakes this N ole by transfer an d who i s e nt it le d torec eiv e p ay me nts u nd er th is N ote is ca lled th e "N ote H old er."2. I NTEREST

In te re st w ill b e ch arg ed o n u npa id principal until the full am ount of Principal has been paid Iwill pay interest at a yearly rateof S.750%.

Th e i nt er es t rate required by t hi s S ec ti on 2 is the rate I will pay both before and after an y d efa ul t d es cri be d in S ec ti on 6(B)o f th is N o te .3 . PAYMENTS(A) TilDe and PIKe 01PaymentsIwill p ay p rin cip al a nd in te re st b y m a ki ng a payment every month.Iwill m ak e m y m onthly payment on the FIRST da y ofeach m onth beginning on FEBRUARY01. 2010 .I ill m ake these paym ents every m onth until Ia ve p aid a lI o f th e p rinc ip al an d in terest an d a ny other ch arg es d esc ribe d b elo w th at Imay owe under this N ote. Each m onthly payment will be applied as of its scheduled d u e elite an d w ill b e a pp lied to i nt er es t be fo r eP rin cip al. If, o n J AN UA RY 01, 2040 ,I still ow e am oW lts under this N ote, I will pay t h o s e lI Do un ts in fu ll on t ha t d at e, w hi chi s c al ie d t he "Mat ur it y Date."

I will m ake my monthly payments atP.O. Box 660694. Dallas. TX 75266-0694o r a t a d i1 fe n: nt p la ce i fr eq ui re d b y th e N o te H ol de r.(8) Amount 01 Moat II Iy P aymen tsM y m onthly paym ent w ill be in the am ount of U.S. $677 .53

4 . BOR ROWER 'S R IGHT TO PR EPAYI have the right to make payments of Principal at any time b e f o r e they a re due. A p ay men t o f P rin cip al o nly is known as a

"P rep ay men t." W hen I m ake a P rep ay men t, 1w iD t el l the N ot e H old er i n w ritin g that I am d oin g so . I may n ot d esig nate a paymen t asa Prepaym ent if I have not made a ll th e m on th ly p ay me nts d ue u n c i a t he No te .

I may make a full Prepayment or partial Prepayments without paying a Prepayment charge. T h e Note Holder will use myPrepaymenIS to reduce th e am ou nt o f P rin cip al th at I ow e under this N ote. How ever, the N ote H older may apply my Prepayment toth e ac cru ed an d W lp aid in te re st o n th e P rep ay men t amoun t , b efo re ap ply in g m y Prepayment to reduce the Principal amount of theNote. If I make a partial Prepaym ent, there w ill be no c h a n g e s in the d u e elite or in th e am ount of my mont hl y p aymen t unless theN ote H old er ag ree s in w ritin g to th ose ch an ge s.5. WAN CHARGESIf a law, which app lies to t hi s l oa n an d w hic h s et s maximum loan c h a r g e s , is f inally interpreted so th at th e in te re st o r o th er loa nch arg es c olle cte d o r to be col1ected in connection w ith this loan exceed the permitted lim its, then: (a) any such loan charge shall bereduced by th e a mo un t necessary to re du ce th e charge to th e p erm itted lim it; an d (b ) an y sums already col1ected from me wbi( hexceeded p ermi tt ed l im it s w i l l be r ef unded to me . The N ote Holder may choose to m a k e t hi s r ef und b y reducing th e P rinc ip al'l o weu n d e r this Note or by making a d i r e c t payment to me. If a refund reduces Principal, the reduction will be treated as a partialPrepayment.~ B OR R OW ER ~FM LU RE TO PA YA SR EQ ~D(A) LaCe CUrge for Ovenie Pay.eatsIf the N o te H old er h IS no t r e c e i v e d th e full am ount of any m onthly payment by the end of FIFTEEN calendardays after the date it is d u e , Iwill pay a late charge to the Note Holder. The amount of th e charge wm be 5.000 % ofm y o ve rd ue p ayme nt o f p ria eip al an d interest. I w iD p ay th is late c ha rg e p ro mp tly b ut o nly o nc e on e ac h l at e p aymen t.

(8) De f . . 1 tIf I d o not pa y th e full am ou nt o f each m onthly paym ent on the date It is due, I w ill b e in d ef au lt .(C) N otice o r DeIi.JtIfIa m in default, the N ote H older m ay send m e a w ritten notice telling m e that ifl do n ot pa y th e ov erd ue am ou nt by a ce rt ai ndate, th e No te H o ld er ma y require me t o p ay immed ia te ly th e full amount of Pr incipal wh i c h h as no t b e e n paid a nd all t he i nt er es t that

I ow e on that amount. T h a t date must be at le as t 3 0 days after th e date on w hic b th e n otic e is mailed to me or deliyered b y othermeans.

Axed RUt N c M - F L2Q05N.FL (09IOS)(d II ) Page t Df2I I I I

I ~ , : I' I 'II I I II' l ] I21 1 820 8 3 2 0

610 21182BB3 2 N


18/19

, OA N #: 211820832(0) No Wa iver B y Note Holder \E ve n it; at a tim e w ile n I am in d efau lt, th e N ote H old er d oe s n ot req uire m e to pay immed ia te ly i n f ul l a s d es cr ib ed a bove, theNo te Ho lder w i ll still have th e rig ht to d o s o if I am in def au lt at a l at er t ime .. (I) hymnt orNate Holder's COItl ad Es:pealt lIf th e No te Ho lder h is r equi re d me to p ay immed ia te ly i n f ul l a s d e s c r i b e d above, the No te Hol de r w il l h av e the right to be paidback b y m e fo r all o f ils c o s t s and e xp en se s i n e nf or ci ng t hi s N o te t o t he e xt en t n ot p ro hi bi te d b y a pp li ca bl e l aw . Those e xpen se sinclude , for ex amp le , r easonab le attorneys' fees.

7. GMNG OF NOnCESUnless appl icable law r equi re s a d if fe re nt me thod , a n y notice t h a t must b e given to me u n d e r th is N ote w iD be given bydcliveriDg it or by mailing It by f ir s t c lass ma i l to me at the Property Addr es s a bo ve o r a t a different address i f I g iv e the Note Holde r anotice of m y different address.Any notice t h a t must be given to the No te Ho lder u n d e r t hi s No te w il l b e given by deliverin8 itor by mailing it by r us t c la ss ma il

to th e No te Hol de r a t th e a d d r e s s stated in Sect ion 3(A) a bo ve o r a t a differenl a d d r e s s i f I am g iven a no ti ce o f t h at d if ti :r en t a dd re ss .8 . O B LI GA nON S or PERSONS UNDER THIS NOTEIf m o r e t ha n o ne person s ign s t hi s No te , e a c h person i s fu lly I!IId personally o bl ig at ed t o k ee p a ll o f the promises m a d e in thi~Note, including th e promiJe to pa y the full amount owed. Arty person who is a guarantor, surety or endorser of this N ote is III!:>obligated to do these thinp. Any p e r s o n who t akes ove r t he se obl ig at ion s, i nc lud ing the obligat ions of a guarantor, surety or eI1dorsao f t hi s N o te , i s a ls o o bl ig at ed to k eep all o f the p romi se s mad e i n t hi s N o te . The No te Ho lder ma y enforce its rights under t hi s No teagainst e ac h per son ind iv idual ly o r against a ll ofus together. This means that an y on e of us ma y be r eq ui re d t o p ay a ll o f t h e amoun tsowed u n d e r th is Note.9. WAIVERSI and any other person wh o ha s o bl ig atio ns u nd er th is N ote w aiv e the r igh ts o f P re se ntmen t I!IId No ti ce o f D is ho no r."P re sai tment" means th e r ight to requi le the No te Ho lder to demand payment of a m o u n t s d ue . 'N o ti ce o f Dishonor" means t he r ightto requite the Note Holde r to give notice to o th er p er sons t ha t amount s due ha ve not b ee n paid.16. .UNIFORM SECURED NOTETh is No te is a uni fo rm ins tnunen t w i th l im i te d var ia ti on s i n some jur is di ct ions . Inaddition to the proteet ions g iven to th e NoteHol de r u nd er t hi s N o te , a Mor tg ag e, D e ed o f T ru st, o r Security Deed (the "Secu r it y I n st rument ") , dated the same date as this Note,protects the No te Ho lder f i o m p os si bl e l os se s w hi ch m ig ht r es ul t if I do no t ke ep the p romise s w hi ch I m ak e in th is N ote . ThatSecurity Instrument d e s c n ' b c s how an d under what c ond it ion s I ma y be required to make immedia te payment in fu ll o f al l amountslo we u nd er t h i s No te . S ome o f t ho se c ond it ions a re des cn "beda s f ol lows:If a ll o r an y pa r t of th e Property o r a ny In teres t in th e Property i s s ol d o r t ra ns fe rr ed ( or if B o r r o w e r is not anatwal person 1!I Id. benef ic ia l i nt er es t i n Bo rr owe r i s sol d o r t ra ns fe rr ed ) w i thout Lender 's p ri or w ri tt en c on se nt ,Lender m a y r equ ir e immed ia te paymen t i n f ul l o f a ll s ums sec ur ed by this Security InslrUD!ent.However, this optionshal l no t be exercised by Lender i f s u c h e xe rc is e i s p r ohibi te d by Appl icable Law.I f L en de r e xe rc is es t hi s o pt io n, L en de r s ha ll g iv e B o r r o w e r notice of acce le rat ion . T h e notice s h a ll p r o v id e aperiod o f n ot J e s s than 3 0 d ay s from th e date th e n otice is g iv en in a cc or da nc e w it h S ec ti on I S w it hi n whi chB o rr ow er mus t p ay a ll s um s s e c u r e d by this Security lns1rument. If Borrower t ai ls t o pa y t he se sums p ri or to th ee xp ir at ion o f t hi s period, Len de r may i nv ok e a ny r emed ie s p e r m i t t e d by this Security Inst rument wi thout f u r t h e rnot ic e o r demand on Bo rr owe r.11. DOCUMENTARVTAXThe state documental)' lax d ue o n t hi s N o te h as b ee n p ai d o n t he mo rt ga ge s ec uri ng this indebtedness.W ITNES S T IlE HAND (S ) AND S EAL(S ) OF THE UNDERSIGNED. .

D~4iRAHiA4~Ii!!!L.J.~~o~~IIJ4lI$~t/ I~~~--::-_B~~P A Y T O T H E O R D E R O F

(Seal)----------~~~~~R~ECOU~-RS--E-----------~BoorowMB.\NI( OF AMERICA , NA

_ _ ~ B Y : : : : : : : : ~ t I . ~ A A : ; h ~ , ~ I t ~ S J ~ . i ; , . ; ; . , J ; = ' = =. . .= = = - - _ _ ; : ; : _ (Seal)M i C r i i ! L E s:aANbER -BorrowerSENlC)RVICE P R E S I D e N T(Seal)--------------------------------------"Bon~ow~r

[ Sig n O rig in al O nly ]

F LO R ID A F IX ED R A TE N O TE -S In gle F em tIy-F _I.llllelF red dle M K U N IF ORM IN ST RUM EN T F_321D tID 1F Ix II d R il e N o 1e -F L2 00 5N -FL ( 09 10 8) P ag e 2 0 12


19/19

.Prepared by: Ml LANIE B . P Ol IE RS BAlIKOJ' AlllRlCA, A.

Subs cr ib e a nd sw om JQ. (o r affirmed) b e fo re m e o n t hi s: :- -_ .. .. ,' g . . _ _ day of j)f'

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