Mortgage Documents

Tennessee - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT (Form 3 !3"
Ty#e o$ Instrument Deed of Trust Instrument &ast Modi$ied 11/1/02 (Typographical Correction) 10/2/06 (Spanish Translation Posted) 0 /0 (!aster/Short "or# Posted) 10/0 (!aster "or#$ %arious &dits) Use T(is Document For
State

Instrument Re%ision Date 1/01 Instruction 'age &ast Modi$ied 10/2/06 (Spanish Translations Added) 0 /0 (!aster/Short "or# Added)

TN

'ien Type First

Product Type )ll

Property Type )ll* e+ce#t coo#erati%es

(ccupancy Type )ll

Re,uired -(anges The follo)ing changes !*ST al)ays +e #ade to this docu#ent, -one )ut(ori.ed -(anges The follo)ing changes !A. +e #ade to this docu#ent at the lender/s option or !*ST +e #ade under certain circu#stances only, 10 'enders !A. add legends to identify the preparers of the docu#ent$ consistent )ith the re1uire#ents of state and local la)s0 For Master/S(ort Form $ilings* t(is c(ange s(ould /e made to t(e S(ort Form0 20 Although not re1uired$ lenders !A. include at the +otto# of each page 2initial lines3 on )hich +orro)ers #ay insert their initials to ac4no)ledge that all pages of the docu#ent are present0 5f lines are pro6ided for initials$ the originator is not re1uired to ha6e +orro)ers initial the docu#ent$ +ut if the +orro)er initials the docu#ent$ the originator #ust re1uire that the +orro)er initial each and e6ery page as indicated0 For Master/S(ort Form $ilings* t(is c(ange s(ould /e made to t(e S(ort Form0 70 'enders !A. insert the appropriate ac4no)ledg#ent in the +lan4 space after the signature lines as docu#ents for indi6idual #ortgages are prepared or !A. print

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docu#ents +earing the appropriate ac4no)ledg#ent(s) in ad6ance for use as the need arises0 For Master/S(ort Form $ilings* t(is c(ange s(ould /e made to t(e S(ort Form0 80 'enders !A. ad9ust cross:references to section$ paragraph$ or page nu#+ers$ if needed to reflect changes in section$ paragraph$ or page nu#+ers that result fro# adding$ #odifying$ or deleting certain language in accordance )ith another authori;ed change0 For Master/S(ort Form $ilings* /e certain t(at cross-re$erences corres#ond in t(e Master and S(ort Forms0 In any section num/ers are c(anged in t(e Master Form* ensure t(at t(e re$erences to t(e sections t(at are incor#orated into t(e S(ort Form are correct0 <0 'enders !A. add the )ords 2Purchase !oney3 [Para la Compra] in front of or a+o6e the caption 2Deed of Trust3 [Escritura de Fideicomiso]$ if all$ or any portion$ of the loan proceeds are to +e used to purchase the security property0 'enders !A. also add the follo)ing in parentheses either a+o6e the caption or in the space pro6ided for the legal description of the property,
(All or part of the purchase price of the Property is paid for with the money loaned.)

=Spanish Translation>
( odo o parte del precio de compra de la Propiedad se pa!a con el dinero dado en pr"stamo).

For Master/S(ort Form $ilings* t(is c(ange s(ould /e made to t(e S(ort Form0 60 'enders !A. na#e !&?S as the #ortgagee of record (as no#inee for the +eneficiary) in this docu#ent and$ if they do$ !*ST #a4e the follo)ing changes, (a) Delete the last sentence of the definition of 2'ender3 [Prestador]0

For Master/S(ort Form $ilings* t(is c(ange s(ould /e made to t(e S(ort Form0 (+) 5nsert a ne) definition (&)$ )hich reads as follo)s,
(E) MERS is #ort!a!e Electronic $e!istration %ystems& 'nc. #E$% is a separate corporation that is actin! solely as a nominee for (ender and (ender)s successors and assi!ns. MERS is the beneficiary under this Security Instrument. #E$% is or!ani*ed and e+istin! under the laws of ,elaware& and has an address and telephone num-er of P... /o+ 0102& Flint& #' 3451670102& tel. (444) 2897#E$%.

=Spanish Translation>
(E) MERS si!nifica #ort!a!e Electronic $e!istration %ystem& 'nc. #E$% es una corporaci:n independiente ;ue act<a e+clusi=amente como persona nom-rada para el Prestador y los sucesores y cesionarios del Prestador. MERS es el acreedor hipotecario
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de conformidad con este Instrumento de Garanta. #E$% est> constituida y e+iste de conformidad con las leyes de ,elaware& y su direcci:n y n<mero de tel"fono es P.../o+ 0102& Flint& #' 345167 0102& tel. (444) 2897#E$%.

For Master/S(ort Form $ilings* insert t(is de$inition in t(e S(ort Form as ne1 de$inition D-20 (c) ?edesignate all su+se1uent definitions (as "$ @$ A$ etc0) as re1uired0

For Master/S(ort Form $ilings* do not redesignate de$initions i$ you (a%e added t(e ne1 de$inition to t(e S(ort Form as de$inition D-20 (d) Add the follo)ing sentence at the +eginning of the first paragraph of the section titled 2T?A-S"&? (" ?5@ATS 5- TA& P?(P&?T.3 [ $A?%FE$E?C'A ,E ,E$EC@.% %./$E (A P$.P'E,A,],
he -eneficiary of this %ecurity 'nstrument is #E$% (solely as nominee for (ender and (ender)s successors and assi!ns) and the successors and assi!ns of #E$%.

=Spanish Translation>
El -eneficiario de este 'nstrumento de AarantBa es #E$% (e+clusi=amente como persona nom-rada para el Prestador y los sucesores y cesionarios del Prestador) y los sucesores y cesionarios de #E$%.

For Master/S(ort Form $ilings* t(is c(ange s(ould /e made to t(e S(ort Form0 (e) ?e6ise the paragraph of the section titled 2T?A-S"&? (" ?5@ATS 5- TA& P?(P&?T.3 [ $A?%FE$E?C'A ,E ,E$EC@.% %./$E (A P$.P'E,A,] that +egins )ith the )ords 2T(@&TA&? B5TA all the i#pro6e#ents0003 [C.?CD? A#E? E C.? todas las meEorasF] +y adding the follo)ing sentence at the end of the paragraph,
/orrower understands and a!rees that #E$% holds only le!al title to the interests !ranted -y /orrower in this %ecurity 'nstrument& -ut& if necessary to comply with law or custom& #E$% (as nominee for (ender and (ender)s successors and assi!ns) has the ri!htG to e+ercise any or all of those interests& includin!& -ut not limited to& the ri!ht to foreclose and sell the PropertyH and to taIe any action re;uired of (ender includin!& -ut not limited to& releasin! and cancelin! this %ecurity 'nstrument.

=Spanish Translation>
El ,eudor entiende y acuerda ;ue #E$% tiene solamente tBtulo le!al so-re los derechos otor!ados por el ,eudor en este 'nstrumento de AarantBa& pero& si ello es necesario para el cumplimiento de la ley o los usos y costum-res& #E$% (como persona nom-rada para el Prestador y los sucesores y cesionarios del Prestador) tiene el derecho deG eEercer cual;uiera o todos dichos derechos& incluyendo& pero no limitado a& el derecho de lle=ar a ca-o la eEecuci:n hipotecaria y la =enta de la Propiedad& y a tomar cual;uier medida
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e+i!ida del Prestador& incluyendo& pero no limitado a& li-erar y cancelar este 'nstrumento de AarantBa.

For Master/S(ort Form $ilings* t(is c(ange s(ould /e made to t(e S(ort Form0 0 'enders !*ST add the follo)ing language (as a rider or as the second sentence of the last paragraph in Section C)$ if the #ortgage is secured +y a leasehold estate$ +ut lenders !A. add this language if the #ortgage is not secured +y a leasehold estate,
/orrower shall not surrender the leasehold estate and interests herein con=eyed or terminate or cancel the !round lease. /orrower shall not& without the e+press written consent of (ender& alter or amend the !round lease.

=Spanish Translation>
El ,eudor no entre!ar> el derecho y los intereses so-re la propiedad ;ue tiene el arrendatario y ;ue se transfieren en el presente ni terminar> o cancelar> el contrato de arrendamiento de terreno. El ,eudor no alterar> ni modificar> el contrato de arrendamiento de terreno sin el e+preso consentimiento escrito del Prestador.

For Master/S(ort Form $ilings* t(is c(ange s(ould /e made in a rider to t(e S(ort Form0 D0 'enders !A. add to Definition (A)0 ?iders a chec4:off +oE for 2%A ?ider3 [Cl>usula Adicional so-re JA]$ if they use this docu#ent for a %A:guaranteed #ortgage that )ill +e deli6ered to us and such a rider is re1uired to add %A/s assu#a+ility feature ()hich o6errides the 2acceleration3 clause in this docu#ent)0 For Master/S(ort Form $ilings* t(is c(ange s(ould /e made to t(e S(ort Form0 C0 'enders !A. preprint this docu#ent )ith County [Condado] e#+edded in that portion of the section of the docu#ent titled T?A-S"&? (" ?5@ATS 5- TA& P?(P&?T. [ $A?%FE$E?C'A ,E ,E$EC@.% %./$E (A P$.P'E,A,] that re1uires entry of the Type of ?ecording Furisdiction$ if all #ortgage recordations in the state ta4e place at the county le6el0 5n such cases$ the )ords =Type of ?ecording Furisdiction> [ ipo de Curisdicci:n de $e!istro] do not ha6e to appear +eneath the )ord County [Condado]0 5n addition$ if docu#ents are prepared on a transaction:+y:transaction +asis and the -a#e of ?ecording Furisdiction is typed in )hen the docu#ent is prepared$ the )ords =-a#e of ?ecording Furisdiction> [?om-re de la Curisdicci:n de $e!istro] do not ha6e to appear +eneath the actual na#e of the recording 9urisdiction0 For Master/S(ort Form $ilings* t(is c(ange s(ould /e made to t(e S(ort Form0 100 'enders !A. delete the )ord 2Bitnesses3 [ esti!os] and the t)o acco#panying lines for )itness signatures that appear to the left of the Gorro)er signature lines on Page 16$ if the docu#ent is notari;ed0 For Master/S(ort Form $ilings* t(is c(ange s(ould /e made to t(e S(ort Form0
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110

'enders !A. delete fro# the last sentence of the neEt:to:last paragraph that precedes the *nifor# Co6enants section the )ord 2generally3 [!eneralmente] and replace it )ith the )ord 2specially3 [especialmente]$ if the security property is located in an area in )hich security instru#ents nor#ally pro6ide for a special )arranty of title +y the +orro)er (rather than a general )arranty)0 For Master/S(ort Form $ilings* t(is c(ange s(ould /e made to t(e S(ort Form0

120

'enders !A. add an asteris4 (H) follo)ing the applica+le +orro)er/s na#e in Definition (G)0 Gorro)er [,eudor] on Page 1 and follo)ing the applica+le +orro)er/s signature on the last page of the docu#ent and then insert the follo)ing legend i##ediately after the eEecution +loc4 on this page$ if a +orro)er is signing the docu#ent for the sole purpose of )ai6ing do)er rights,
K LLLLLLLLLLLLLLLLLL si!ns as /orrower solely for the purpose of wai=in! dower ri!hts without personal o-li!ation for payment of any sums secured -y this %ecurity 'nstrument.

=Spanish Translation>
K LLLLLLLLLLLLLLLLLL firma como ,eudor e+clusi=amente al efecto de renunciar a los derechos de la esposa so-re=i=iente so-re la propiedad del c:nyu!e fallecido sin o-li!aci:n personal de pa!o de cual;uier monto !aranti*ado por este 'nstrumento de AarantBa.

For Master/S(ort Form $ilings* t(is c(ange s(ould /e made to t(e S(ort Form0 170 'enders #ay insert a -otice on the Security 5nstru#ent if the -otice is re1uired +y applica+le la) for the type of transaction0 For Master/S(ort Form $ilings* t(is c(ange s(ould /e made to t(e S(ort Form0 Ot(er 'ertinent In$ormation Any special instructions related to preparation of this docu#ent$ use of special signature for#s$ re1uired riders or addenda$ etc0 are discussed +elo)0 10 5f the +orro)er is an inter =i=os re6oca+le trust$ )e #ay re1uire, a special rider$ a different signature for# for the trustee signature$ and a special signature ac4no)ledg#ent for the settlor/credit applicant(s)0 'enders are responsi+le for #a4ing any #odifications$ including the use of different ter#inology$ needed to confor# to the signature for#s custo#arily used in Tennessee and )ill +e held fully accounta+le for the use of any in6alid signature for#(s)0 : &ach of the trustees #ust sign this docu#ent in a signature +loc4 su+stantially si#ilar to the follo)ing$ )hich should +e inserted in the Gorro)er signature lines0

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<

LLLLLLLLLLLLLLLLLLLLLLLLLLL& rustee of the LLLLLLLLLLLLLLLLLLLLLLLLLL rust under trust instrument dated LLLLLLLLLLLLLLLLLLLLLLLLLLL& for the -enefit of LLLLLLLLLLLLLLLLLLLLLLLLLLLLL (/orrower).

=Spanish Translation>
LLLLLLLLLLLLLLLLLLLLLLLLLLL& Fiduciario del Fideicomiso LLLLLLLLLLLLLLLLLLLLL de conformidad con el instrumento de fideicomiso de fecha LLLLLLLL& en -eneficio de LLLLLLLLLL(,eudor).

&ach settlor of the trust )ho is a credit applicant #ust sign a signature ac4no)ledg#ent in a signature +loc4 su+stantially si#ilar to the follo)ing$ )hich should +e inserted follo)ing the Gorro)er signature lines,
/M %'A?'?A /E(.N& the undersi!ned& %ettlor(s) of the LLLLLLLLLLLLLLLLLLLLL rust under trust instrument dated LLLLLLLLLLLLLLLLLLLLLLLLLLLLLL& for the -enefit of LLLLLLLLLLLLLLLLLLLLLLLLLLLLLL& acInowled!es all of the terms and co=enants contained in this %ecurity 'nstrument and any rider(s) thereto and a!rees to -e -ound there-y. LLLLLLLLLLLLLLLLLLLLLLLLLL(%EA() rust %ettlor

=Spanish Translation>
#E,'A? E %D F'$#A E% A#PA,A #O% A/AC.& el(los) a-aEo firmante(s)& Fideicomitente(s) del Fideicomiso LLLLLLL& de conformidad con el instrumento de fideicomiso de fecha LLLLL& en -eneficio de LLLL& reconoce(n) todos los t"rminos y con=enios incluidos en este 'nstrumento de AarantBa y en cual;uier cl>usula(s) adicional(es) del mismo y acuerda(n) ;uedar o-li!ado(s) por "stos. LLLLLLLLLLLLLLLLLLLLLLLLL (%E((.) Fideicomitente del Fideicomiso

For Master/S(ort Form $ilings* t(is c(ange s(ould /e made to t(e S(ort Form0 2 As an alternati6e to ha6ing +orro)ers eEecute a ne) deed of trust and a ne) note in connection )ith a fiEed:rate #ortgage that represents the refinancing of a #aturing +alloon #ortgage that had a conditional refinance option$ lenders #ay use the /alloon (oan $efinancin! 'nstrument ("or# 726C087).

3See Instructions $or t(e Master/S(ort Form on t(e $ollo1ing #age4

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INSTRU-TIONS FOR -OM'&ETIN5 )ND RE-ORDIN5 M)STER )ND S6ORT FORM MORT5)5ES )ND DEEDS OF TRUST Tennessee )0 Master Form Deed o$ Trust (The Tennessee !aster "or# Deed of Trust consists of a (1) title page and (2) the "annie !ae/"reddie !ac Tennessee *nifor# Deed of Trust) 10 Title 'age (a) 5nsert the na#es of the natural person and 'ender causing the !aster "or# Deed of Trust to +e recorded0 (+) Do not ha6e the title page signed or ac4no)ledged0 20 Deed o$ Trust (a) Do not fill in any infor#ation on the Deed of Trust0 (+) Do not ha6e the Deed of Trust signed or ac4no)ledged0 Attach the title page to the front of the Deed of Trust and record the title page and Deed of Trust together in the recorder/s office ser6ing the recording district(s) in )hich you anticipate you )ill su+se1uently record Deeds of Trust for loans secured +y real property0 70 S(ort Form Deed o$ Trust
10 5nsert the recording infor#ation fro# the !aster "or# Deed of Trust in the second paragraph

of the 2Definitions3 section of the Short "or# Deed of Trust0 (!a4e sure the recording infor#ation is fro# the !aster "or# Deed of Trust that )as recorded in the County in )hich the real property securing the loan is located0)
20 5nsert infor#ation for all +lan4 spaces in the 2Definitions3 section of the Short "or# Deed of

Trust0
70 Chec4 the applica+le ?ider +oEes in the Short "or# Deed of Trust0 80 5nsert the property description$ the address and the infor#ation regarding the source of the

Gorro)er/s interest in the Property in the Short "or# Deed of Trust0

<0 Pro6ide the +orro)er )ith an eEact copy of the recorded !aster "or# (the co#pleted Title

Page and the "annie !ae/"reddie !ac Tennessee *nifor# Deed of Trust)0 Please note that it is your responsi+ility to #aintain proof of your co#pliance )ith this re1uire#ent0
60 Arrange for the Short "or# Deed of Trust to +e eEecuted +y the +orro)er(s) and

ac4no)ledged0
0 Arrange for any applica+le ?iders to +e eEecuted +y the +orro)er(s)0
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D0 ?ecord the Short "or# Deed of Trust and any applica+le ?iders in the recorder/s office ser6ing

the recording district in )hich the real property securing the loan is located0 (NOTE8 Do not use or record t(e S(ort Form Deed o$ Trust unless you (a%e already recorded a Master Form Deed o$ Trust in t(e recorder9s o$$ice ser%ing t(e -ounty in 1(ic( t(e real #ro#erty securing t(e loan is located0)

"annie !ae/"reddie !ac 5nstru#ent Tennessee 5nstruction