Preview
a
.
* la LOAN #: REESSaSa
iN: |
NOTE
tay 2,046 San Ramon,
icity DATE FILED: June S21808) 9:00 AM
FILING ID: 26F54668DF2FF
398 Monarch exo le, CO 8002 CASE NUMBER: 2017CV 30640
85]
4. BORROWER'S PROMISE TO PAY 7
In return for a loan that [have received, | promse to pay U.S, s1sCeb0.00 (this amount ts called “Principay’),
plus interest, to the order of the Lender, The Lenderis Commerce Home Mortgage, a California Corporation, 3130
Crow Canyon Place, Suite 300, San Ramton, CA 94583,
{will make all payments under this Note in the form of cash, check or money order,
{understand that the Lender may transfer thls Nole. The Lender or anyone who takes this Noie by iransfer and wha
46 entitled to receive payments under this Note ts called the “Note Holder.”
2. INTEREST
Interest will be charged on unpaid principal unti the full amount of Principal has been paid. | will pay interest at a
yearly rate of 3.625%,
‘The interest rate required by this Section 2 is the rate | wilt pay both before and aiter
any default described in Section
6(B) of this Note.
3. *AYMENTS
(A) Time and Place of Payments
wil pay principal and interest by making a payment every month, 7
Iwill make my monthiy payment on the 1st day of each month beginning on say’, 2016.
Iwill make these payments every month until | have paid all of the principal and interest and any other charges descnbed
below that i may owe under this Note Each monthly payment wil be apptied as of its scheduled due date and will be
applied ta interest before Principal, if, on June 1, 2046, {stil owe amounts under this Note, | will
pay those amounts in full on thal date, which 1s called “Matunily Date.”
| will make my monthly payments at 3430 Crow Canyon Place, Suite 300
‘San Ramon, CA 94583
or at a different place If required by the Note Holder,
(8) Amount of Monthly Payments
My monthiy payment wil be in the amount of U.S. $696.18,
4, BORROWER'S RIGHT TO PREPAY
{ have the rightto make payments of Principai at any time before they are due. A payment of Principal only is known
as a “Prepayment,” When | make a Prepayment, | will tell the Note Holder in wniting that | am doing so. | may not designate
@ payment as a Prepayment if [ have not made all the monthly payments due under the Note,
} may make a full Prepayment or partial Prepayments without paying a Prepayment charge The Note Holder wilt
use my Prepayments to reduce the amount of Principal that i owe under this Note. However, the Note Holder may apply
my Prepayment to the accrued and unpand interest on the Prepayment amount, before applying my Prepayment to
reduce the Principal amount of the Note. If | make a partial Prepayment, there will be no changes In the due date or in
ihe amount of my monthly payment unless the Note Holder agrees m writing to those changes,
6 LOAN CHARGES
+
Ifa law, which apphes to this loan and which sets maximum loan charges, Is finally interpreted so that the interest
or other loan charges collected or to be collected in connection with this loan excaad the permitted limits, then: {a) any
such foan charge shal! be reduced by the amount necessary to reduce the charge to the permitted jimit; and (b} any
initials
MULTISTATE FIXED RATE NOTE-Single Family-Fannie Mae/Freddic Mac UNIFORM INSTRUMENT Form 3200 1/01
Bite Mag, ine a FS200NOT o107
oars 040 OT (CLS)
‘PM PST
@ @
a LOAN #: ESESE
sums already collected from me which exceeded permitted limits will be refunded ta me, The Note Halder may choose
to make this refund by reducing the Prncipai | owe under this Note or by making a direct payment to me. if a refund
feduces Principal, the reduction will be treated as a partial Prepayment.
& BORROWER'S FAILURE TO PAY AS REQUIRED
{A} Late Charge for Overdue Payments
If the Note Holder has net received the full amount of any monthly payment by the end of | 45 calendar
days after the date it 1s due, i will pay a late charge to the Note Holder, The amount ef the charge wili be 5.000 %
‘of my overdue paymentof principal and interest { wail pay this late charge promptly but only once on each late payment.
1B) Defautt
IF do not pay the full amount of each monthly payment on the date lis due, ! will be in default.
{C) Notte of Detautt
{f | am wn default, the Note Holder may send me a written notice telhng me that i | de not pay the overdue armeunt
by a certain date, the Note Holder may require me to pay immediately the full amount of Pancipal which has not been
paid and alt the interest that ! owe on that amount. That date must be al least 30 days after the date on which the notice
16 mailed to me or delivered by other means.
(D) No Waiver By Note Holder
‘Even if, at a ime when | am m default, the Note Holter does not require me to pay immediaisly in full es daseribed
above, the Note Hoider wili sill have the sight to do so if! am in default
at a later ume.
f=} Payment of Note Holder's Costs and Expenses
if the Note Holder has required me io pay immediaiely in full as described above, the Note Holder will have ihe rght
to be paid back by me for all of its costs and expenses in enforcing this Note ta the extent not prohibited by appticable
law, Those expenses include, for example, reasonable attorneys’ fees,
7 GIVING OF NOTICES
Unless applicable law requwes a different method, any notics that musi be givento me under this Note will be given
by delivering if or oy mailing it by first class mail to me at the Property Address above or at a different address if | give
the Note Haider 2 notice of my different address.
Any notice that must he given to the Note Holder under this Note wilt be given by delivering it or by mailing it by first
lass mail to the Note Holder at the address slated im Section 3(A) above or at a different address if | am given a notice
of that different address.
8 OBLIGATIONS OF PERSONS UNDER THIS NOTE
Hf more than ane person signs this Note, each persen is fully and personally obligated to keep aft of the promises
made in this Note, inciuding the promise to pay the full amount owed. Any person who is a guarantor, surety or endorser
cf this Nota ts also obligated to do these things. Any person who takes over these obligations, including the obkgations:
ofa guaranto;, surety or endorser of this Note, is also obligated to keep all of the promises made in this Note. The Note
Holder may enforce its nghts under this Note against each person individually or against alt of us together. This means
that any one of us may be required to pay all of the amounts owed under this Noie,
a. WAIVERS:
land any other person who hes obligations under this Note waive the rights of Presentment and Notice
of Dishonor.
“Presentment means the right to require the Note Haldar to demand payment of amounts due, “Notice of Dishonor”
means the rightto require the Note Holderfo give notice to other persons that amounts due have nof been paid.
16. UNIFORM SECURED NOTE
‘This NoteIs @ uniform instrument with limuled variations in some junsdictions. in additton to the protections given to
the Note Holder under this Note, a Mortgage, Deed ofTrust, cr Security Deed {the “Security Instrument’), dated the same
date as this Note, protects the Note Holder from possible losses which might result if 1 do not keep the promises
which | make in ihis Note, That Secunty instrument describes how and under what conditions | may be required to
make immediate payment In full of ail amounts | owe under this Note, Some of those conditions are described as
follows:
If all or any past of the Property or any Interestin the Properiy is satd or transferred (or if Borrower is not a
natural person and a bdeneficiai interest in Borrower ts sold or transferred) without Lender's prior written consent,
Lender may require snmediate payment in full of all sums secured by this Security Instrument, Howaver, this
option shal not be exercised by Lender if such exercise is prohibited by Applicable Law.
if Lender exercises this option, Lender shall give Borrower nohoe of acceleration. The notice shall provide
a period of not less than 30 days from the date the notice 1s given in accordance with Section 15 wi it in which
MULTISTATE FIXED RATE NOTE-Single Famuly-Fannie MaelFreddie Mac UNIFORM INSTRUMENT
Initials:
Form 3200 4/01
Cea
Eile Mae, ina. Page 20f3 FSQ00NOT 0107
F3200NOT (CLS)
Bee
oat2ar2016 04 40 PM PST
L_
6 &
we a LOAN ¢: aay
Borrower must pay ali sums secured by this Secuilly Instrument. ff Borrower falls to pay these stums prior to
expiration of this period, Lender may invoke any remedies permitted by this Secunty Instrument without further
hoitce or demand on Borrower,
WITNESS THE HAND(S) AND SEAL(S) OF THE UNDERSIGNED.
ieraa Ze (Soal}
Lender: Commerce Home Mortgage
NOLS ID:
Loan Originator: Mike Echery
Nl ID:
[Sign Original Only}
MULTISTATE FIXED RATE NOTE-Siogle Famdy-Fannle Mao/Froddio Mac UNIFORM INSTRUMENT
inital
Form 3200 7/01
Bike Mazo, ina Page 3 of 3 FS200NOT 0107
s200NOT (CLS)
bee
04/2/2016 04:60 PM PST
im
eit
ie -
ALLONGE TO NOTE
LOAN # §&
LOANAMOUNT $130,509.00
PROPERTY ADDRESS 398 Monarch St
Louisviltie, CO 80027
ALLONGE TO NOTE DATED May 2, 2046
IN FAVOR OF Sormmerce Home Mortgage, a California Corporation
AND EXECUTED BY Charles G. Totils
PAY TO THE ORDER OF
Steams Lending,Lug f
WITHOUT RECOURSE Commerce Home Mortgage, a California abrporation
BY
TITLE Authorized Officer
Kristin Jackson
Funding Coordinator
ocument:
Elie Nae, inc
bee
04/20/2016 one
ites
ALLONGE
STEARNS LENDING
LOAN NUMBER: URES
BORROWER(S): CHARLES G. TOTLIS
PROPERTY ADDRESS: 398 MONARCH ST
LOUISVILLE, CO 80027
NOTE DATE: 05/02/2016
LOAN AMOUNT: $130,500.00
INTEREST RATE: 3.625%
FIRST PAYMENT DATE: 97/01/2016
MATURITY DATE: 06/01/2046
MONTHLY P&l PAYMENT: $595.15
PAY TCO THE ORDER OF
WITHOUT RECOURSE
7
LENDERS NAME: STEARNS LENDING, LLC ("Stearns")
ACALIFORNIA LIMITED LIABILITIY CORPORATION
SIGNATURE OF CORPORATE OFFICER: Wane
TYPED CORPORATE OFFICER NAME:
TYPED CORPORATE OFFICER TITLE: Mary Ore etary
Preview
a . * la LOAN #: REESSaSa iN: | NOTE tay 2,046 San Ramon, icity DATE FILED: June S21808) 9:00 AM FILING ID: 26F54668DF2FF 398 Monarch exo le, CO 8002 CASE NUMBER: 2017CV 30640 85] 4. BORROWER'S PROMISE TO PAY 7 In return for a loan that [have received, | promse to pay U.S, s1sCeb0.00 (this amount ts called “Principay’), plus interest, to the order of the Lender, The Lenderis Commerce Home Mortgage, a California Corporation, 3130 Crow Canyon Place, Suite 300, San Ramton, CA 94583, {will make all payments under this Note in the form of cash, check or money order, {understand that the Lender may transfer thls Nole. The Lender or anyone who takes this Noie by iransfer and wha 46 entitled to receive payments under this Note ts called the “Note Holder.” 2. INTEREST Interest will be charged on unpaid principal unti the full amount of Principal has been paid. | will pay interest at a yearly rate of 3.625%, ‘The interest rate required by this Section 2 is the rate | wilt pay both before and aiter any default described in Section 6(B) of this Note. 3. *AYMENTS (A) Time and Place of Payments wil pay principal and interest by making a payment every month, 7 Iwill make my monthiy payment on the 1st day of each month beginning on say’, 2016. Iwill make these payments every month until | have paid all of the principal and interest and any other charges descnbed below that i may owe under this Note Each monthly payment wil be apptied as of its scheduled due date and will be applied ta interest before Principal, if, on June 1, 2046, {stil owe amounts under this Note, | will pay those amounts in full on thal date, which 1s called “Matunily Date.” | will make my monthly payments at 3430 Crow Canyon Place, Suite 300 ‘San Ramon, CA 94583 or at a different place If required by the Note Holder, (8) Amount of Monthly Payments My monthiy payment wil be in the amount of U.S. $696.18, 4, BORROWER'S RIGHT TO PREPAY { have the rightto make payments of Principai at any time before they are due. A payment of Principal only is known as a “Prepayment,” When | make a Prepayment, | will tell the Note Holder in wniting that | am doing so. | may not designate @ payment as a Prepayment if [ have not made all the monthly payments due under the Note, } may make a full Prepayment or partial Prepayments without paying a Prepayment charge The Note Holder wilt use my Prepayments to reduce the amount of Principal that i owe under this Note. However, the Note Holder may apply my Prepayment to the accrued and unpand interest on the Prepayment amount, before applying my Prepayment to reduce the Principal amount of the Note. If | make a partial Prepayment, there will be no changes In the due date or in ihe amount of my monthly payment unless the Note Holder agrees m writing to those changes, 6 LOAN CHARGES + Ifa law, which apphes to this loan and which sets maximum loan charges, Is finally interpreted so that the interest or other loan charges collected or to be collected in connection with this loan excaad the permitted limits, then: {a) any such foan charge shal! be reduced by the amount necessary to reduce the charge to the permitted jimit; and (b} any initials MULTISTATE FIXED RATE NOTE-Single Family-Fannie Mae/Freddic Mac UNIFORM INSTRUMENT Form 3200 1/01 Bite Mag, ine a FS200NOT o107 oars 040 OT (CLS) ‘PM PST @ @ a LOAN #: ESESE sums already collected from me which exceeded permitted limits will be refunded ta me, The Note Halder may choose to make this refund by reducing the Prncipai | owe under this Note or by making a direct payment to me. if a refund feduces Principal, the reduction will be treated as a partial Prepayment. & BORROWER'S FAILURE TO PAY AS REQUIRED {A} Late Charge for Overdue Payments If the Note Holder has net received the full amount of any monthly payment by the end of | 45 calendar days after the date it 1s due, i will pay a late charge to the Note Holder, The amount ef the charge wili be 5.000 % ‘of my overdue paymentof principal and interest { wail pay this late charge promptly but only once on each late payment. 1B) Defautt IF do not pay the full amount of each monthly payment on the date lis due, ! will be in default. {C) Notte of Detautt {f | am wn default, the Note Holder may send me a written notice telhng me that i | de not pay the overdue armeunt by a certain date, the Note Holder may require me to pay immediately the full amount of Pancipal which has not been paid and alt the interest that ! owe on that amount. That date must be al least 30 days after the date on which the notice 16 mailed to me or delivered by other means. (D) No Waiver By Note Holder ‘Even if, at a ime when | am m default, the Note Holter does not require me to pay immediaisly in full es daseribed above, the Note Hoider wili sill have the sight to do so if! am in default at a later ume. f=} Payment of Note Holder's Costs and Expenses if the Note Holder has required me io pay immediaiely in full as described above, the Note Holder will have ihe rght to be paid back by me for all of its costs and expenses in enforcing this Note ta the extent not prohibited by appticable law, Those expenses include, for example, reasonable attorneys’ fees, 7 GIVING OF NOTICES Unless applicable law requwes a different method, any notics that musi be givento me under this Note will be given by delivering if or oy mailing it by first class mail to me at the Property Address above or at a different address if | give the Note Haider 2 notice of my different address. Any notice that must he given to the Note Holder under this Note wilt be given by delivering it or by mailing it by first lass mail to the Note Holder at the address slated im Section 3(A) above or at a different address if | am given a notice of that different address. 8 OBLIGATIONS OF PERSONS UNDER THIS NOTE Hf more than ane person signs this Note, each persen is fully and personally obligated to keep aft of the promises made in this Note, inciuding the promise to pay the full amount owed. Any person who is a guarantor, surety or endorser cf this Nota ts also obligated to do these things. Any person who takes over these obligations, including the obkgations: ofa guaranto;, surety or endorser of this Note, is also obligated to keep all of the promises made in this Note. The Note Holder may enforce its nghts under this Note against each person individually or against alt of us together. This means that any one of us may be required to pay all of the amounts owed under this Noie, a. WAIVERS: land any other person who hes obligations under this Note waive the rights of Presentment and Notice of Dishonor. “Presentment means the right to require the Note Haldar to demand payment of amounts due, “Notice of Dishonor” means the rightto require the Note Holderfo give notice to other persons that amounts due have nof been paid. 16. UNIFORM SECURED NOTE ‘This NoteIs @ uniform instrument with limuled variations in some junsdictions. in additton to the protections given to the Note Holder under this Note, a Mortgage, Deed ofTrust, cr Security Deed {the “Security Instrument’), dated the same date as this Note, protects the Note Holder from possible losses which might result if 1 do not keep the promises which | make in ihis Note, That Secunty instrument describes how and under what conditions | may be required to make immediate payment In full of ail amounts | owe under this Note, Some of those conditions are described as follows: If all or any past of the Property or any Interestin the Properiy is satd or transferred (or if Borrower is not a natural person and a bdeneficiai interest in Borrower ts sold or transferred) without Lender's prior written consent, Lender may require snmediate payment in full of all sums secured by this Security Instrument, Howaver, this option shal not be exercised by Lender if such exercise is prohibited by Applicable Law. if Lender exercises this option, Lender shall give Borrower nohoe of acceleration. The notice shall provide a period of not less than 30 days from the date the notice 1s given in accordance with Section 15 wi it in which MULTISTATE FIXED RATE NOTE-Single Famuly-Fannie MaelFreddie Mac UNIFORM INSTRUMENT Initials: Form 3200 4/01 Cea Eile Mae, ina. Page 20f3 FSQ00NOT 0107 F3200NOT (CLS) Bee oat2ar2016 04 40 PM PST L_ 6 & we a LOAN ¢: aay Borrower must pay ali sums secured by this Secuilly Instrument. ff Borrower falls to pay these stums prior to expiration of this period, Lender may invoke any remedies permitted by this Secunty Instrument without further hoitce or demand on Borrower, WITNESS THE HAND(S) AND SEAL(S) OF THE UNDERSIGNED. ieraa Ze (Soal} Lender: Commerce Home Mortgage NOLS ID: Loan Originator: Mike Echery Nl ID: [Sign Original Only} MULTISTATE FIXED RATE NOTE-Siogle Famdy-Fannle Mao/Froddio Mac UNIFORM INSTRUMENT inital Form 3200 7/01 Bike Mazo, ina Page 3 of 3 FS200NOT 0107 s200NOT (CLS) bee 04/2/2016 04:60 PM PST im eit ie - ALLONGE TO NOTE LOAN # §& LOANAMOUNT $130,509.00 PROPERTY ADDRESS 398 Monarch St Louisviltie, CO 80027 ALLONGE TO NOTE DATED May 2, 2046 IN FAVOR OF Sormmerce Home Mortgage, a California Corporation AND EXECUTED BY Charles G. Totils PAY TO THE ORDER OF Steams Lending,Lug f WITHOUT RECOURSE Commerce Home Mortgage, a California abrporation BY TITLE Authorized Officer Kristin Jackson Funding Coordinator ocument: Elie Nae, inc bee 04/20/2016 one ites ALLONGE STEARNS LENDING LOAN NUMBER: URES BORROWER(S): CHARLES G. TOTLIS PROPERTY ADDRESS: 398 MONARCH ST LOUISVILLE, CO 80027 NOTE DATE: 05/02/2016 LOAN AMOUNT: $130,500.00 INTEREST RATE: 3.625% FIRST PAYMENT DATE: 97/01/2016 MATURITY DATE: 06/01/2046 MONTHLY P&l PAYMENT: $595.15 PAY TCO THE ORDER OF WITHOUT RECOURSE 7 LENDERS NAME: STEARNS LENDING, LLC ("Stearns") ACALIFORNIA LIMITED LIABILITIY CORPORATION SIGNATURE OF CORPORATE OFFICER: Wane TYPED CORPORATE OFFICER NAME: TYPED CORPORATE OFFICER TITLE: Mary Ore etary