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UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF MARYLAND
AT GREENBELT
In re:
:
Placido Salazar & Maria N. Salazar
:
Debtors
:
_______________________________________
Placido Salazar & Maria N. Salazar
Plaintiffs
Case No. 10-10165-TJC
Chapter 13
:
:
vs.
:
First Residential Mortgage Services Corp.;
Wells Fargo Bank, National Association, as
Trustee for Certificate holders of Bear Stearns
Asset Backed Securities I LLC, Asset Backed
Certificates, Series 2007-AC2; and
EMC Mortgage Corporation
:
Adv. Proc. No. 10-00101-TJC
:
:
:
Defendants
:
_______________________________________
FIRST AMENDED COMPLAINT
I. PRELIMINARY STATEMENT
1.
This Complaint is filed under the Truth in Lending Act, 15 U.S.C. § 1601
(hereinafter called “TILA”), to enforce the Plaintiffs’ right to rescind a consumer credit
transaction, to void the Defendants’ security interest in the Plaintiffs’ home, and to recover
statutory damages, reasonable attorney’s fees and costs by reason of the Defendant’s violations of
TILA and Regulation Z, 12 C.F.R. § 226 (hereinafter called “Regulation Z”). This action is also
filed for actual and statutory damages from Defendant EMC pursuant to 12 U.S.C. §§
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2605(e)(1)(A) and 2605(e)(1)(B)(2) and §§ 3500.21(e)(1) and 3500.21(e)(3) of Regulation X.
This action also is filed for damages against First Residential for its unfair and deceptive conduct
in violation of the Maryland Consumer Protection Act (“MCPA”), section 13-101 et seq.,
Maryland Commercial Law Article. This action also is filed against all defendants to recover
damages resulting from defendants’ fraud, misrepresentation, and civil conspiracy.
II. JURISDICTION
2.
On January 5, 2010, Plaintiffs filed a voluntary petition under chapter 13 of the
Bankruptcy Code (Title 11, United States Code). Therefore, the Court has jurisdiction over this
proceeding pursuant to 28 U.S.C. §§ 1334 and 157, as amended, and the Order of Reference
made by the district court for this district (which Order was entered in accordance with the
Bankruptcy Amendments and Federal Judgeship Act of 1984). Jurisdiction is further conferred
on the Court by 15 U.S.C. § 1640(e) and 28 U.S.C. §§ 1331, 1337. The Court has authority to
issue a declaratory judgment by virtue of 28 U.S.C. § 2201. The Court has both personal and
subject matter jurisdiction to hear this case pursuant to 28 U.S.C. Sections 1334 and 157(b)(2).
The Court has jurisdiction to hear the claims for relief under the Real Estate Settlement
Procedures Act pursuant to 12 U.S.C. § 2614. The Court has supplemental jurisdiction to hear all
state law claims pursuant to 28 U.S.C. Section 1367.
3.
This matter is a core proceeding and therefore the Bankruptcy Court has
jurisdiction to enter a final order. However, in the event this case is determined to be a non-core
proceeding then and in that event the Plaintiffs consent to the entry of a final order by the
Bankruptcy Judge.
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III. PARTIES
4.
The Plaintiffs are the Debtors, Placido Salazar (“Placido”) and Maria N. Salazar
(“Maria”) (individually or collectively, “Plaintiffs”). The Plaintiffs own and reside at the real
property known as 604 Eldrid Drive, Silver Spring, Maryland (the “Property).
5.
Defendant First Residential Mortgage Services Corporation (hereinafter “First
Residential”) is a New Jersey corporation engaged in the business of mortgage banking and loan
correspondence with a principal place of business located at 570 Sylvan Ave., Englewood Cliffs,
NJ 07632-3101. First Residential’s Maryland Resident Agent is HSC Agent Services, Inc., 245
West Chase Street, Baltimore, MD 21201. First Residential is identified as the originating lender
on Plaintiffs’ Deed of Trust encumbering the Property that was recorded January 2, 2007, at
Liber 83566, folio 646, among the Land Records of Montgomery County, Maryland (the “Deed
of Trust”).
6.
Defendant assignee Wells Fargo Bank, National Association, as Trustee for
Certificate holders of Bear Stearns Asset Backed Securities I LLC, Asset Backed Certificates,
Series 2007-AC2 (hereinafter “Wells Fargo” or the “Trust”), is identified in that certain Deed of
Appointment of Substitute Trustee, recorded on the Property October 28, 2009, at Liber 38259,
folio 326, among the Land Records of Montgomery County, Maryland, as the owner and holder
of the Note secured by the Deed of Trust.
7.
Defendant EMC Mortgage Corporation (hereinafter “EMC”) is a Delaware
corporation engaged in the business of mortgage lending, securitization, and servicing, with a
principal place of business located at 2780 Lake Vista Drive, Lewisville, TX 75067-3884.
EMC’s Maryland Resident Agent is the Corporation Trust Incorporated, 351 West Camden
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Street, Baltimore, MD 21201. EMC is identified as the Seller, Master Servicer, and the Company
in the Pooling and Servicing Agreement1 (PSA) which governs the subject Trust, dated as of
February 1, 2007 and filed with the Securities and Exchange Commission (SEC).
8.
At all times relevant hereto, First Residential, in the ordinary course of its
business, regularly extended or offered to extend consumer credit for which a finance charge is or
may be imposed or which, by written agreement, is payable in more than four installments.
IV. FACTS
9.
On or about November 20, 2006, Plaintiffs entered into a consumer credit
transaction (hereinafter the “transaction”) with First Residential in which the extended consumer
credit was subject to a finance charge and which was initially payable to First Residential.
10.
Attached as PLAINTIFFS’ EXHIBIT A is a true and accurate copy of the credit
agreement evidencing the transaction (the “Note”).
11.
As part of this consumer credit transaction, First Residential retained a security
interest in the Property.
12.
The security interest was not created to finance the acquisition or initial
construction of Plaintiffs’ home.
13.
Attached as PLAINTIFFS’ EXHIBIT B is a true and accurate copy of the
mortgage evidencing First Residential’s security interest (the “Deed of Trust”).
14.
The settlement agent for the transaction was Excellente Settlements, Inc.
(“Excellente”). Attached as PLAINTIFFS’ EXHIBIT C is a true and accurate copy of the HUD-1
1
A true and correct copy of the PSA can be found on the SEC’s web site at:
http://www.sec.gov/Archives/edgar/data/1388968/000088237707000985/d642573_ex4-1.htm
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Settlement Statement (“HUD-1") prepared by Excellente and delivered to Plaintiffs on November
20, 2006 when the transaction closed. Excellente’s representative stated at the outset of the
closing that he was running late and pressed for time, and rushed Plaintiffs through the process of
signing the settlement papers.
15.
Attached as PLAINTIFFS’ EXHIBIT D is a true and accurate copy of Excellente’s
Deposit/Check Disbursement Statement for the transaction (“Disbursements”).
16.
The HUD-1 inaccurately states that closing took place at Excellente’s office at
401 N. Washington Street, Suite 950, Rockville MD 20850. Closing actually took place after
5:00 p.m. at the office of First Residential’s loan officer, Victoria Zambrano (“VZ”), located at
8757 Georgia Avenue, Suite 1320, Silver Spring, Maryland (the “Closing”).
17.
Plaintiffs were introduced to VZ by the real estate agent that helped them buy the
Property in October 2005, and VZ recommended Excellente’s closing services to Plaintiffs.
18.
Plaintiffs do not speak or read English. VZ served as Plaintiffs’ interpreter
throughout the transaction. Plaintiffs communicated with First Residential only through VZ.
19.
Placido emigrated to the United States from Bolivia and is a permanent resident
alien of the United States. Placido works as a debris truck driver for E&J Services Inc. of Laurel,
Maryland, a roofing contractor, since at least 2005. Maria works as a cook and housekeeper for
St. Patrick Church in Rockville, Maryland, where she has been employed for the past four years.
Plaintiffs are not well educated and are unsophisticated in business and financial matters.
20.
All of the transaction documents signed by Plaintiffs at closing are in English. The
subject loan is in Placido’s name only, but the Deed of Trust was signed by both Plaintiffs since
the Property is owned by Plaintiffs as husband and wife, tenants by the entirety.
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The subject loan, which was originated to be securitized, is known as a “stated
income, stated asset” (“SISA”) loan, and was underwritten based on Placido’s credit score, the
loan to value ratio, and the belief that residential real estate in this country can only go up in
value.
22.
VZ never asked Placido how much income he received. She only asked Placido
for his social security number and his authorization to check his credit report, and she told
Placido that was the only information she needed to qualify him for a loan.
23.
VZ prepared the Uniform Residential Loan Application (“Application”) that
Placido signed at closing, a true and correct copy of which is attached as PLAINTIFFS’
EXHIBIT E.
24.
The Application lists Placido’s gross monthly income as $9,500 from fence
construction self employment, and Maria’s income as zero. VZ supplied the income information
on the Application, which she got by searching www.salary.com for the average income of a
person engaged in fence construction, rather than reporting Plaintiffs’ actual income. VZ did not
tell Plaintiffs that she falsified their income and occupation on the Application. Placido Salazar
did not know when he signed the Application that it incorrectly stated his income and his
occupation.
25.
VZ was acting within the scope of her employment, and in the manner she had
been taught at First Residential, when she stated Plaintiffs’ income on the Application.
26.
First Residential never asked Placido for his tax returns, pay stubs, or any other
evidence of his actual income.
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The transaction resulted in little or no benefit to Plaintiffs, but cost them $7,443 in
closing charges (in the form of equity skimming) that would not have been incurred had the
transaction not been consummated, and decreased their debt service by only $61 per month. The
interest rate on the first trust that was refinanced was a five-year ARM at a starting rate of
7.375%, a minimum rate of 2.375% and a maximum rate of 12.375% based on 6-month LIBOR
index plus 2.25%, with the first change date on November 1, 2010. Had Plaintiffs not refinanced,
their interest expense likely would drop significantly in November since LIBOR is currently at
0.39%.
28.
First Residential assigned the obligation in question to Wells Fargo.
V. FIRST CAUSE OF ACTION
VIOLATION OF TRUTH IN LENDING ACT
(as to Defendants First Residential and Wells Fargo)
29.
Plaintiffs repeat and re-allege each and every preceding paragraph as if fully set
forth herein.
30.
First Residential is a creditor within the meaning of § 1602(f) of the Truth in
Lending Act (15 U.S.C. §§ 1601 et seq., hereinafter “TILA” or the “Act”) and Regulation Z, 12
C. F.R. § 226.2(a)(17), and as such was required to provide notices of the right to rescind the
transaction and to deliver material disclosures including, but not limited to, the amount financed,
finance charge and annual percentage rate to Plaintiffs consistent with the Truth In Lending Act.
31.
Plaintiffs are consumers within the meaning of § 1602(h) of the Act and
Regulation Z, § 226.2(a)(11).
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This consumer credit transaction was subject to the PLAINTIFFS’ right of
rescission as described by 15 U.S.C. § 1635 and Regulation Z § 226.23 (12 C. F.R. § 226.23).
33.
In the course of this consumer credit transaction, First Residential violated 15
U.S.C. § 1635(a) and Regulation Z § 226.23(b) by failing to deliver to the Plaintiff two copies of
a notice of the right to rescind that clearly and conspicuously disclosed the date the rescission
period expired. Instead, the notice incorrectly states the transaction date as October 26, 2006,
rather than the actual transaction date of November 20, 2006.
34.
Attached as PLAINTIFFS’ EXHIBIT F is a true and accurate copy of the Notice
of Right to Cancel the transaction delivered at Closing to Plaintiffs.
35.
The disclosure statement issued in conjunction with this consumer credit
transaction, and attached as PLAINTIFFS’ EXHIBIT G, violated the requirements of TILA and
Regulation Z in the following and other respects:
a.
By failing to include in the finance charge certain charges imposed by First
Residential and payable by Plaintiffs incident to the extension of credit as required by 15 U.S.C.
§ 1605 and Regulation Z, § 226.4, thus improperly under-disclosing the finance charge in
violation of 15 U.S.C. § 1638(a)(3) and Regulation Z, § 226.18(d). Such amounts include, but are
not limited to the following charges that are not “bona fide and reasonable,” and therefore not
properly excluded finance charges:
HUD-1 LINE
AMOUNT
CHARGED
DESCRIPTION
BONA FIDE
NOT BONA
FIDE
303
$
9,015.33
Cash out
$
8,905.50
$109.83
1102
$
195.00
Abstract
$
179.00
$16.00
1108
$
1,002.00
Title Insurance
$
532.50
$469.50
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$
60.00
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Releases
$
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0.00
$60.00
Actual Disbursements. Excellente’s Disbursements (Pls’ Ex. D)
prove that the actual amount disbursed to Placido Salazar from the transaction loan proceeds was
$8,905.50, or $109.83 less than stated on the HUD-1 (Pls’ Ex. C), which difference consists of
an extra day of interest in the amount of $76.30 (Line 901) and $33.53 in hidden bogus charges.
Attached as PLAINTIFFS’ EXHIBIT H is a true and correct copy of Excellente’s unsigned
HUD-1 printed 11/22/2006 showing the $76.30 in additional interest charged Placido Salazar,
and First Residential’s unsigned revised notice of right to cancel containing the correct
transaction date, neither of which was ever presented to Plaintiffs. Excellente’s Disbursements
also prove that the $60 charged for government release recording charges (Line 1201) is bogus,
and that the actual amount paid for the title abstract (Line 1102) was $179 rather than the $195
stated on the HUD-1. Plaintiffs were not aware of these bogus charges, nor would a reasonable
person have been, until sometime after January 29, 2010, when Excelente produced its
transaction file.
ii.
Title Insurance. Nearly half ($469.50) of the title insurance
charges (Line 1108) in this transaction are bogus. Plaintiffs were charged $1,002 for the most
expensive lender’s title insurance policy possible (the Eagle policy at the original rate), rather
than $532.50 for the least expensive lender’s title insurance policy possible (standard policy with
re-issue rate), in violation of Maryland Insurance Administration’s Best Price Rule, which states
that
An individual insurer or insurance group consisting of multiple insurers must always
place a consumer in the most favorably priced (least expensive) insurer / tier for which
the consumer qualifies.
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Attached as PLAINTIFFS’ EXHIBIT I is a true and accurate copy of Maryland Insurance
Administration’s Best Price Rule. Attached as PLAINTIFFS’ EXHIBIT J is a true and accurate
copy of First American Title Insurance Company’s Title Insurance Rates for the State of
Maryland applicable on November 20, 2006, the date of the subject transaction.
(a).
Standard vs. Enhanced Coverage Rate. First Residential’s
closing instructions required only the less expensive ALTA Title policy, not an expanded or
enhanced policy such as the Eagle policy. Attached as PLAINTIFFS’ EXHIBIT K is a true and
accurate copy of First Residential’s closing instructions for the transaction.
(b).
Original vs. Re-Issue Rate. Plaintiffs purchased an original
owners’ title insurance policy, insuring their interest in the Property in the amount of $410,000,
when they bought the Property on October 17, 2005, thereby qualifying for First American’s title
insurance re-issue rates in the subject transaction. Attached as PLAINTIFFS’ EXHIBIT L is
Plaintiffs’ Land America Commonwealth’s Owner’s Residential Advantage Policy A79-Z005712
dated October 17, 2005. Excellente knew Plaintiffs were qualified for First American’s lender’s
title insurance re-issue rate since Plaintiffs were refinancing two conventional Fannie
Mae/Freddie Mac uniform purchase-money deeds of trust on the property dated October 17,
2005, each of which contains the notation at the top of the recorded deed of trust that title was
insured by Commonwealth Land Title Ins. Co. Plaintiffs also obviously qualified for First
American’s lender’s title insurance re-issue rates since Plaintiffs’ recorded deed to the property
states that title was insured by Commonwealth Land Title Ins. Co. Attached as PLAINTIFFS’
EXHIBIT M is a true and accurate copy of the Plaintiffs’ recorded deed, Excellente’s land
records search results dated 11/06/2006, and the first page and Schedule A of Plaintiffs’ two
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prior recorded deeds of trust on the property that were refinanced in the subject transaction, all
produced by Excellente as part of its closing file for the transaction. Plaintiffs were not aware,
nor would a reasonable person have been aware, of these bogus title insurance charges until
sometime after July 9, 2009, when they engaged the services of attorney Robert J. Haeger.
b.
By improperly including certain charges, in the amount financed, which
are finance charges, including but not limited to those itemized in Paragraph 35(a) herein, First
Residential improperly disclosed the amount financed in violation of 15 U.S.C. § 1638(a)(2) and
Regulation Z, § 226.18(b); and
c.
By calculating the annual percentage rate (APR) based upon improperly
calculated and disclosed finance charges and amount financed, 15 U.S.C. § 1606, Regulation Z, §
226.22, First Residential understated the disclosed annual percentage rate in violation of 15
U.S.C. § 1638(a)(4) and Regulation Z, § 226.18(c).
36.
The disclosures improperly made by First Residential, as itemized in paragraph
35, are material disclosures as defined in the Truth in Lending Act, 15 U.S.C. § 1602(u),
Regulation Z, § 226.23 n. 48.
37.
The finance charge and APR were under-disclosed by more than $35, the
tolerance levels set forth in 15 U.S.C. §§ 1605(f) and 1635(i).
38.
By reason of those material violations of 15 U.S.C. § 1638, Plaintiffs have a right
of rescission for three years from the date of consummation of the loan pursuant to 15 U.S.C. §
1635(f).
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On November 19, 2009, Plaintiffs rescinded the transaction by sending a notice of
rescission to Defendants, by fax where indicated, and by regular U.S. Mail, or certified U.S. Mail
as indicated, return receipt requested, postage prepaid, as follows:
Certified - Return Receipt Requested
William F. Aldinger III, President
Wells Fargo Bank, National Association, as
Trustee for Certificate holders of Bear
Stearns Asset Backed Securities I LLC,
Asset Backed Certificates, Series 2007-AC2
299 South Main Street
Salt Lake City, UT 84111-1901
William F. Aldinger III, President
Wells Fargo Bank, National Association, as
Trustee for Certificate holders of Bear
Stearns Asset Backed Securities I LLC,
Asset Backed Certificates, Series 2007-AC2
Attn: BK Department, 1 Home Campus
P.O. Box 10335
Des Moines, IA 50328
Wells Fargo Bank, National Association
c/o EMC Mortgage Corporation, Agent
909 Hidden Ridge #200
Irving, TX 75038
Wells Fargo Bank, National Association, as
Trustee for Certificate holders of Bear
Stearns Asset Backed Securities I LLC,
Asset Backed Certificates, Series 2007-AC2
c/o Jacob Geesing, Esquire
Bierman, Geesing & Ward, LLC
4520 East West Highway, Suite 200
Bethesda, MD 20814
by US Mail and Fax: 301-961-6545
Wells Fargo Bank, National Association
c/o EMC Mortgage Corporation
2780 Lake Vista Drive
Lewisville, TX 75067-3884
First Residential Mortgage Services Corp.
570 Sylvan Avenue
Englewood Cliffs. NJ 07632
by US Mail and Fax: 201-758-2800
40.
Attached as PLAINTIFFS’ EXHIBIT N is a true and accurate copy of Plaintiffs’
notice of rescission with the Broadcast Report evidencing fax transmission of the notice on
November 19, 2009 (“Rescission Notice”). Attached as PLAINTIFFS’ EXHIBIT O is a true and
accurate copy of U.S. Postal Service Certified Mail Receipt postmarked 11/19/2009 for Article
Number 7005 1820 0007 9088 0063. Attached as PLAINTIFFS’ EXHIBIT P is a true and
accurate copy of U.S. Postal Service Domestic Return Receipt evidencing delivery to Wells
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Fargo of Article Number 7005 1820 0007 9088 0063. Article Number 7005 1820 0007 9088
0063 was an envelope which contained Plaintiffs’ Rescission Notice.
41.
Defendants First Residential and Wells Fargo received copies of the Plaintiffs’
notice of rescission on or about November 19, 2006.
42.
More than 20 calendar days have passed since the Defendants received copies of
the Plaintiffs’ notice of rescission.
43.
The Defendants have failed to take any action necessary or appropriate to reflect
the termination of any security interest created under the transaction, including the security
interest described in Paragraph 8, as required by 15 U.S.C. § 1635(b) and Regulation Z §
226.23(d)(2). Defendant Wells Fargo refused to honor the rescission by its agent’s (EMC
Mortgage Corp.) December 29, 2009 letter to Plaintiffs’ counsel, Robert J. Haeger, a true and
correct copy of which is attached as PLAINTIFFS’ EXHIBIT Q.
44.
The Defendants have failed to return to Plaintiffs any money or property given by
the Plaintiffs to anyone, including the Defendants, as required by 15 U.S.C. § 1635(b) and
Regulation Z § 226.23(d)(2).
45.
As a result of the aforesaid violations of the Act and Regulation Z, pursuant to 15
U.S.C. §§ 1635(a), 1640(a), and 1641(c), Defendants are liable to Plaintiffs for:
a.
Rescission of this transaction.
b.
Termination of any security interest in Plaintiffs’ property created under
the transaction.
c.
Return of any money or property given by the Plaintiffs to anyone,
including the Defendants, in connection with this transaction.
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d.
Statutory damages of $2,000 for the disclosure violations.
e.
Statutory damages of $2,000 for Defendants’ failure to respond properly
to Plaintiffs’ rescission notice.
f.
Forfeiture of return of loan proceeds.
g.
Actual damages in an amount to be determined at trial.
h.
Reasonable attorney’s fees.
VI. SECOND CAUSE OF ACTION
VIOLATION OF REAL ESTATE SETTLEMENT PROCEDURES ACT
(as to Defendant EMC)
46.
The preceding allegations of this complaint are re-alleged and incorporated herein
by this reference.
47.
Defendant EMC is the servicer of a "federally related mortgage loan" as that term
is defined in 12 U.S.C. § 2602(1). On November 19, 2009, Plaintiffs, though their attorney, sent
Defendants Wells Fargo and EMC a ‘‘qualified written request’’ (QWR) as that term is defined
under RESPA, 12 U.S.C. § 2605(e)(1)(B), and asked Defendants Wells Fargo and EMC to
provide them with information necessary to calculate the rescission tender amount under TILA,
as follows:
Please provide me with an itemization of the loan disbursements, the loan charges, the
current principal balance, and all payments received from my client, so that we may
determine the exact amount needed for tender.
PLAINTIFFS' EXHIBIT N.
48.
Defendant EMC sent Plaintiffs a response dated December 11, 2009
acknowledging receipt of Plaintiffs’ QWR. Thereafter, EMC sent Plaintiffs a letter dated
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December 29, 2009, rejecting Plaintiffs’ rescission demand and failed to provide the information
requested in Plaintiffs’ QWR. EMC has failed to provide the information requested in Plaintiffs’
QWR.
49.
Defendant EMC violated RESPA, 12 U.S.C. § 2605(e)(2)(C) by failing to provide
the Plaintiff with the information and documentation requested, or an explanation why the
information sought was unavailable, no later than 60 days after receipt of the Plaintiff’s qualified
written request.
50.
The Defendant has failed to comply with Section 2605 of Title 12 of the United
States Code.
51.
Defendant EMC has engaged in a pattern or practice of non-compliance with the
requirements of the mortgage servicer provisions of RESPA as set forth in 12 U.S.C. § 2605.
52.
Pursuant to 12 U.S.C. § 2605(f) and § 3500.21(f) of Reg. X, the Plaintiffs may
recover of the Defendant EMC actual damages, costs and reasonable attorney fees for each
failure of the Defendant to comply with any part of 12 U.S.C. § 2605.
VII. THIRD CAUSE OF ACTION
VIOLATION OF MARYLAND CONSUMER PROTECTION ACT
(as to all Defendants)
53.
The preceding allegations of this complaint are re-alleged and incorporated herein
by this reference.
54.
Defendants conduct was unfair and deceptive and violated the Maryland
Consumer Protection Act (“MCPA”), section 13-101 et seq., Maryland Commercial Law Article,
by intentionally mis-stating Plaintiffs’ income and occupation on their mortgage Application
(PLAINTIFFS’ EXHIBIT E). As a proximate result of the Defendants’ violations of the MCPA,
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Plaintiffs have suffered damages, including emotional distress and mental anguish, and incurred
legal fees.
VIII. FOURTH CAUSE OF ACTION
FRAUD
(as to all Defendants)
55.
The preceding allegations of this complaint are re-alleged and incorporated herein
by this reference.
56.
Defendants misrepresented material information regarding the mortgage
transaction, including but not limited to inflating Placido’s income to qualify him for a loan that
he could not afford, and telling him that all they needed to qualify him for a loan was his credit
score and social security number.
57.
Defendants knew that the representations were false, or acted with reckless
disregard to the truth.
58.
Defendants made these material misrepresentations to Plaintiffs with the intent
that Plaintiff rely upon them.
59.
Plaintiffs acted in reliance upon the material misrepresentations.
60.
As a direct and proximate result of the material misrepresentations, Plaintiffs
suffered damages including but not limited to increased finance charges, excessive loan expenses
and interest rates, loss of other credit opportunities, damage to their credit rating, and other costs.
IX. FIFTH CAUSE OF ACTION
MISREPRESENTATION
(as to all Defendants)
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The preceding allegations of this complaint are re-alleged and incorporated herein
by this reference.
62.
Defendants made a representation of one or more material facts, including but not
limited to inflating Placido’s income to qualify him for a loan that he could not afford, and telling
him that all they needed to qualify him for a loan was his credit score and social security number.
63.
The representations were false when they were made.
64.
Defendants knew the representations were false when they made it or made the
representations recklessly without knowing whether the representations were true.
65.
The Defendants made the representations with the intent that plaintiffs rely on
them and so that Defendants would profit from the transaction.
66.
Plaintiffs did rely on the representations.
67.
Plaintiffs were damaged as a result of their reasonable reliance on the
representations including but not limited to increased finance charges, excessive loan expenses
and interest rates, loss of other credit opportunities, damage to their credit rating, and other costs.
X. SIXTH CAUSE OF ACTION
CIVIL CONSPIRACY
(as to all Defendants)
68.
The preceding allegations of this complaint are re-alleged and incorporated herein
by this reference.
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Defendants acted in concert pursuant to a common design to and plan to induce
plaintiffs to enter into this mortgage transaction which had little or no benefit to them, including
but not limited to providing the funding for the scheme.
70.
Defendants illegally, maliciously and wrongfully conspired with one another with
the intent to and with the purpose of inducing Plaintiffs to enter into this mortgage transaction
which had little or no benefit to them.
71.
The civil conspiracy resulted in damaging the plaintiffs including but not limited
to increased finance charges, excessive loan expenses and interest rates, loss of other credit
opportunities, damage to their credit rating, and other costs.
WHEREFORE, the Plaintiffs having set forth their claims for relief against the
Defendants respectfully pray of the Court as follows:
A.
That the Plaintiffs have and recover against the Defendants, jointly and severally,
a sum to be determined by the Court in the form of actual damages;
B.
That the Plaintiff have and recover against the Defendants, jointly and severally, a
sum to be determined by the Court in the form of statutory damages;
C.
That the Plaintiff have and recover against the Defendants, jointly and severally, a
sum to be determined by the Court in the form of punitive damages;
D.
That the Plaintiff have and recover against the Defendants, jointly and severally,
all reasonable legal fees and expenses incurred by her attorney;
18
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E.
Doc 6
Filed 03/23/10
Page 19 of 20
That this Court order Defendants, jointly and severally, to pay additional actual
damages in a sum to be determined by the Court for violation of the Maryland
Consumer Protection Act;
F.
That the Plaintiffs have such other and further relief as the Court may deem just
and proper;
G
That this Court order the Defendant EMC to pay to the Plaintiffs their attorney’s
fees and costs and additional actual damages a sum to be determined by the Court
for each failure to comply with any part of Section 2605 of Title 12 of the United
States Code pursuant to Section 2605(f) of Title 12 of the United States Code and
Section 3500.21(f) of Reg. X;
H.
The security interest in the Property be declared void;
I.
Defendants’ claim be classified as wholly unsecured;
J.
Defendants’ claim be reduced by all finance charges, insurance charges and all
other charges as required by 12 C.F.R. § 226.23;
K.
Plaintiffs be awarded all actual and statutory damages under TILA, §§ 1635 and
1640, for Defendant First Residential’s initial disclosure violations and for its, and
its assignee’s failure to honor Plaintiffs’ rescission;
L.
the Claim be reduced by all actual and statutory damages that are awarded to
Plaintiffs; and
M.
the Court order such additional relief as is necessary in the interest of justice.
19
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Page 20 of 20
Respectfully submitted,
/s/ Robert J. Haeger, March 23, 2010
Robert J. Haeger, Md. Fed. Bar No. 25434
Attorney for Plaintiffs
9535 Fern Hollow Way
Gaithersburg, MD 20886-1430
(301) 670-9787
www.haegerlaw.com
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Case 10-00101
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PLAINTIFFS' EXHIBIT A
MIN:
100234400000169852
NOVEMBER 20,
2006
NOTE
Loan NUmber: 06MD-0000001300
MARYLAND
Rockville
[Date]
604 Eldrid Drive,
Page 1 of 5
[State]
[City]
Silver Spring,
Maryland 20904
[Property Address]
1.
BORROWER'S PROMISE TO PAY
In return for a loan that I have received. I promise to pay U. S. $ 3 5 4 , 4 0 0 . 0 0
(this amount is
called "Principal"). plus interest. to the order of the Lender. The Lender is FIRST RESIDENTIAL
MORTGAGE SERVICES CORPORATION, A CORPORATION
I will make all payments under this Note in the form of cash. check or money order.
I understand that the Lender may transfer this Note. The Lender or anyone who takes this Note by transfer and
who is entitled to receive payments under this Note is called the "Note Holder."
2.
INTEREST
Interest will be charged on unpaid principal until the full amount of Principal has been paid. I will pay interest
at a yearly rate of
7 . 7 5 0 %.
The interest rate required by this Section 2 is the rate I will pay both before and after any default described in
Section 6(B) of this Note.
3.
PAYMENTS
(A) Time and Place of Payments
I will pay principal and interest by making a payment every month.
I will make my monthly payment on the 1 s t day of each month beginning on JANUARY 1
2 007
. I will make these payments every month until I have paid all of the principal and interest and any other
charges described below that I may owe under this Note. Each monthly payment will be applied as of its scheduled
. I still owe
due date and will be applied to interest before Principal. If. on DECEMBER 1, 2036
amounts under this Note. I will pay those amounts in full on that date. which is called the "Maturity Date."
I will make my monthly payments at 570 SYLVAN AVENUE, ENGLEWOOD CLIFFS,
NEW JERSEY 07632
or at a different place ifrequired by the Note Holder.
(B) Amount of Monthly Payments ** See attached Interest Only Note Addendum.
My monthly payment will be in the amount of U.S. $ 2, 288 . 83
4.
BORROWER'S RIGHT TO PREPAY
I have the right to make payments of Principal at any time before they are due. A payment of Principal only
is known as a "Prepayment." When I make a Prepayment. I will tell the Note Holder in writing that I am doing so.
I may not designate a payment as a Prepayment if! have not made all the monthly payments due under the Note.
I may make a full Prepayment or partial Prepayments without paying a Prepayment charge. The Note Holder
will 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 unpaid interest on the Prepayment amount, before applying my
Prepayment to reduce the Principal amount of the Note. If I make a partial Prepayment. there will be no changes in
the due date or in the amount of my monthly payment unless the Note Holder agrees in writing to those changes.
5.
LOAN CHARGES
If a law. which applies 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 exceed the permitted limits.
then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit;
MUL TISTATE FIXED RATE NOTE··Single Family
Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
Form 3200 1/01
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and (b) any sums already collected from me which exceeded permitted limits will be refunded to me. The Note
Holder may choose to make this refund by reducing the Principal lowe under this Note or by making a direct payment
to me. If a refund reduces Principal, the reduction will be treated as a partial Prepayment.
6.
BORROWER'S FAILURE TO PAY AS REQUIRED
(A) Late Charge for Overdue Payments
If the Note Holder has not received the full amount of any monthly payment by the end of
15
calendar days after the date it is due. I will pay a late charge to the Note Holder. The amount of the charge will be
5 . 0 0 0 % of my overdue payment of principal and interest. I will pay this late charge promptly but only
once on each late payment.
(B) Default
If I do not pay the full amount of each monthly payment on the date it is due. I will be in default.
(C) Notice of Default
If I am in default. the Note Holder may send me a written notice telling me that if I do not pay the overdue
amount by a certain date. the Note Holder may require me to pay immediately the full amount of Principal which has
not been paid and all the interest that lowe on that amount. That date must be at least 30 days after the date on which
the notice is mailed to me or delivered by other means.
(D) No Waiver By Note Holder
Even if. at a time when I am in default. the Note Holder does not require me to pay immediately in full as
described above. the Note Holder will still have the right to do so if I am in default at a later time.
(E) Payment of Note Holder's Costs and Expenses
If the Note Holder has required me to pay immediately in full as described above. the Note Holder will have
the right to be paid back by me for all of its costs and expenses in enforcing this Note to the extent not prohibited by
applicable law. Those expenses include. for example. reasonable attorneys' fees.
7.
GIVING OF NOTICES
Unless applicable law requires a different method. any notice that must be given to me under this Note will be
given by delivering it or by mailing it by first class mail to me at the Property Address above or at a different address
if I give the Note Holder a notice of my different address.
Any notice that must be given to the Note Holder under this Note will be given by delivering it or by mailing
it by first class mail to the Note Holder at the address stated in Section 3(A) above or at a different address if I am
given a notice of that different address.
8.
OBLIGATIONS OF PERSONS UNDER THIS NOTE
If more than one person signs this Note. each person is fully and personally obligated to keep all of the promises
made in this Note. including the promise to pay the full amount owed. Any person who is a guarantor. surety or
endorser of this Note is also obligated to do these things. Any person who takes over these obligations. including
the obligations of a guarantor. 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 rights under this Note against each person individually or against all of
us together. This means that anyone of us may be required to pay all of the amounts owed under this Note.
9.
WAIVERS
I and any other person who has obligations under this Note waive the rights of Presentment and Notice of
Dishonor. "Presentment" means the right to require the Note Holder to demand payment of amounts due. "Notice
of Dishonor" means the right to require the Note Holder to give notice to other persons that amounts due have not
been paid.
10. UNIFORM SECURED NOTE
This Note is a uniform instrument with limited variations in some jurisdictions. In addition to the protections
given to the Note Holder under this Note. a Mortgage. Deed of Trust. or Security Deed (the "Security Instrument").
dated the same date as this Note. protects the Note Holder from possible losses which might result if I do not keep
MULTISTATE FIXED RATE NOTE--Single Family
Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
Form 3200 1/01
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PLAINTIFFS' EXHIBIT A
Page 3 of 5
the promises which I make in this Note. That Security Instrument describes how and under what conditions I may
be required to make immediate payment in full of all amounts lowe under this Note. Some of those conditions are
described as follows:
If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower
is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior
written consent, Lender may require immediate payment in full of all sums secured by this Security
Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by
Applicable Law.
If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall
provide a period of not less than 30 days from the date the notice is given in accordance with Section 15
within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay
these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this
Security Instrument without further notice or demand on Borrower.
WITNESS THE HAND(S) AND SEAL(S) OF THE UNDERSIGNED.
THIS LOAN TRANSACTION IS GOVERNED BY TITLE 12, SUBTITLE 10 OF
THE COMMERCIAL LAW ARTICLE OF THE ANNOTATED CODE OF MARYLAND.
~
~
.
~ -=_
(Seal)
-Borrower
(Seal)
-Borrower
_ _ _ _ _ _ _ _ _ _ _ _ _ _ (Seal)
-Borrower
(Seal)
-Borrower
_ _ _ _ _ _ _ _ _ _ _ _ _ (Seal)
-Borrower
(Seal)
-Borrower
P'f'a~--
[Sign Original Only}
MUL TISTATE FIXED RATE NOTE--Single Family
Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
Form 3200 1/01
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PLAINTIFFS' EXHIBIT A
Page 4 of 5
Loan Number:
06MD-0000001300
INTEREST-ONLY ADDENDUM
TO FIXED RATE NOTE
PropertyAddress:604 Eldrid Drive,
Silver Spring,
Maryland 20904
THIS INTEREST-ONLY ADDENDUM ("ADDENDUM") is made this 20th day of NOVEMBER, 2006
and is incorporated into and intended to form a part of the Fixed Rate Note (the "Note") dated the same
date as this Addendum executed by the undersigned and payable to FIRST RESIDENTIAL MORTGAGE
SERVICES CORPORATION, A CORPORATION
(the "Lender").
THIS ADDENDUM supersedes and replaces Sections 3(A). 3(B). 4. and 6(A) of the Note. This Addendum does not
supersede. replace or revise any other Section of the Note.
3.
PAYMENTS
(A) Time and Place of Payments
I will make a payment every month. This payment will be for interest only for the first 120 months (the
"Interest Only Period"), and then will consist of principal and interest.
I will make my monthly payment on the 1 s t day of each month beginning on JANUARY 1
2 0 0 7 . I will make these payments every month until I have paid all of the principal and interest and any other
charges described below that I may owe under this Note. Each monthly payment will be applied as of its scheduled
due date. and if the payment includes both principal and interest it will be applied to interest before Principal. If. on
DECEMBER I, 2036
. I still owe amounts under this Note. I will pay those amounts in full on that date.
which is called the "Maturity Date. "
I will make my monthly payments at 570 SYLVAN AVENUE, ENGLEWOOD CLIFFS,
NEW JERSEY 07632
or at a different place if required by the Note Holder.
(B) Amount of Monthly Payments
for the first 12 0 months of
My monthly payment will be in the amount of U. S. $ 2 , 2 8 8 . 83
The Note Holder will notify me
this Note. and thereafter will be in the amount of U. S. $ 2 , 9 0 9 . 4 4
prior to the date of change in monthly payment.
4.
BORROWER'S RIGHT TO PREPAY
I have the right to make payments of Principal at any time before they are due. A payment of Principal only
is known as a "Prepayment." When I make a Prepayment. I will tell the Note Holder in writing that I am doing so.
I may not designate a payment as a Prepayment if I have not made all the monthly payments due under the Note.
I may make a full Prepayment or partial Prepayments without paying a Prepayment charge. The Note Holder
will 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 unpaid interest on the Prepayment amount. before applying my
Prepayment to reduce the Principal amount of the Note. If I make a partial Prepayment. there will be no changes in
the due date of my monthly payment unless the Note Holder agrees in writing to those changes.
If the partial Prepayment is made during the Interest Only Period. the amount of the monthly payment will
decrease for the remainder of the term when my payments consist only of interest as well as during the time that my
payments consist of principal and interest. If the partial Prepayment is made during the period when my payments
INTEREST ONLY ADDENDUM TO FIXED RATE NOTE
©2004 DOCMAGIC, INC.
01/14/04
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PLAINTIFFS' EXHIBIT A
Page 5 of 5
consist of principal and interest, the amount of my monthly payment will not decrease; however. the principal and
the interest required under this Note will be paid prior to the Maturity Date.
6.
BORROWER'S FAILURE TO PAY AS REQUIRED
(A) Late Charge for Overdue Payments
If the Note Holder has not received the full amount of any monthly payment by the end of
15
calendar days after the date it is due. I will pay a late charge to the Note Holder. The amount of the charge will be
5 . a aa % of my overdue payment of interest during the Interest Only Period. At the end of the Interest
5 . 000 % of my overdue payment of principal and interest. I will pay this late
Only Period. it will be
charge promptly but only once on each late payment.
BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Interest Only
Addendum to Fixed Rate Note.
II
Date
Borrower
Date
Borrower
Date
Borrower
Date
Borrower
Date
INTEREST ONLY ADDENDUM TO FIXED RATE NOTE
©2004 DOCMAGIC, INC.
01/14/04
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PLAINTIFFS' EXHIBIT B
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DEED OF TRUST
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DEFINITIONS
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Words used m multiple sectIOns of this document are defined below and other words are defined }~SAP'J~, lI,
MIN:
100234400000169852
13, 18,20 and 21. Certain rules regarding the usage of words used in this document are also provtcrea inSe'c'(l"o'n 16.
(A) "Security Instrument" means this document, which is dated NOVEMBER 20,
wilh all Riders to this document.
(B) "Borrower" is
Placido Salazar and Maria N. Salazar"
Drive, Silver Spring, Maryland 20904
2006
, together
6 04 Eldrid
Borrower is the trustor under this Security Instrument.
(C) "Lender" is
FIRST RESIDENTIAL MORTGAGE SERVICES CORPORATION
Lender is a
CORPORATION
and existing under the laws of
NEW JERSEY
Lender's address is
570 SYLVAN AVENUE,
07632
organized
ENGLEWOOD CLIFFS, NEW JERSEY
(D) "Trustee" is
Excelente Settlements
401 N. Washington Street, 4th Floor, Rockville,
Maryland 20850
(E) "MERS" is Mortgage Electronic Registration Systems, Inc, MERS is a separate corporation that is acting
solely as a nominee for Lender and Lender's successors and assigns, MERS is the mortgagee under this Security
Instrument, MERS is organized and existing under the laws of Delaware, and has an address and telephone number
of P.O. Box 2026, Flint. MI 48501-2026, tel. (888) 679-MERS.
(F) "Note" means the promissory note signed by Borrower and dated NOVEMBER 20, 2006
MARYLAND--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT· MERS
Form 3021 1101
Page 1 of 14
DocMilgic~ 1100·6"'9·1362
MONTGOMERY COUNTY, MD
APPROVEDBY____~~----____
cfp
H~
MO CIRCUIT COURT (Land Records) [MSA CE
JAN 02 2007
$0
RECORDATlON1\){PAID
63-3352SNL6. P 0646lRAt1SfERifAXifW[):lnline 0212812008
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Case 10-00101
Doc 6-2
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PLAINTIFFS' EXHIBIT B
Page 2 of 19
~35bb
The Note states that Borrower owes Lender THREE HUNDRED FI FTY - FOUR THOUSAND FOUR
HUNDRED AND 00/100
Dollars (U.S. $ 354, 400, 00
) plus interest.
Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than
DECEMBER 1, 2036
(G) "Property" means the property that is described below under the heading ''Transfer of Rights in the Property."
(H) "Loan" means the debt evidenced by the Note. plus interest. any prepayment charges and late charges due under
the Note. and all sums due under this Security Instrument. plus interest.
(I) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are
to be executed by Borrower [check box as appllcable]:
0
0
0
0
Adjustable Rate Rider
Balloon Rider
1-4 Family Rider
Condominium Rider
0
0
0
0
Planned Unit Development Rider
Biweekly Payment Rider
Second Home Rider
Other(s) [specify]
ill "Applicable Law" means all controlling applicable federal. state and local statutes. regulations. ordinances and
administrative rules and orders (that have the effect of law) as well as all applicable final. non-appealable judicial
opinions.
(K) "Community AssocIation Dues. Fees. and Assessments" means all dues. fees. assessments and other charges
that are imposed on Borrower or the Property by a condominium association. homeowners association or similar
organization.
(L) "Electronic Funds Transfer" means any transfer offunds. other than a transaction originated by check. draft.
or similar paper instrument. which is initiated through an electronic terminal. telephonic instrument. computer. or
magnetic tape so as to order. instruct. or authorize a financial institution to debit or credit an account. Such term
includes. but is not limited to. point-of-sale transfers. automated teller machine transactions. transfers initiated by
telephone. wire transfers. and automated clearinghouse transfers.
(M) "Escrow Items" means those items that are described In Section 3.
(N) "Miscellaneous Proceeds" means any compensation. settlement. award of damages. or proceeds paid by any
third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to. or
destruction of. the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in
lieu of condemnation; or (iv) misrepresentations of. or omissions as to. the value and/or condition of the Property.
(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of. or default on. the Loan.
(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note.
plus (ii) any amounts under Sectlon 3 of this Security Instrument.
(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing
regulation. Regulation X (24 C.F.R. Part 3500). as they might be amended from time to time. or any additional or
successor legislation or regulation that governs the same subject matter. As used in this Security Instrument.
"RESPA" refers to ail requirements and restrictions that are imposed in regard to a "federally related mortgage loan"
even if the Loan does not qualify as a "federaUy related mortgage loan" under RESPA.
(R) "Successor in Interest of Borrower" means any party that has taken title to the Property. whether or not thaI
party has assumed Borrower's obligations under the Note and/or this Security Instrument.
MARVLAND •• Single Family··Fannie Mae/Freddie Mac UNIFORM INSTRUMENT· MERS
Page 2 of 14
Form 3021 1/01
DocMag;c~ 8{)(}.649·136Z
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Case 10-00101
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PLAINTIFFS' EXHIBIT B
B35bb
bile
Page 3 of 19
TRANSFER OF RIGHTS IN THE PROPERTY
The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and
assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender: (i) the repayment of
the Loan, and all renewals, extensions and modifications of the Note; and (iI) the performance of Borrower's
covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants
and conveys to Trustee, in trust, with power of sale, the following described property located in the
COUNTY
of Montgomery
[Type of Recording Jurisdlcllon]
IName of Recording Jurlsdiclion]
Lot 15, Block 2 Woodlawn Terrace Legal description is attached to
and made a part hereof
See Exhibit NAil
which currently has the address of
604 Eldrid Drive
ISlreel]
Silver Spring
[City]
, Maryland
20904
("Property Address"):
[Zip Code]
TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be
covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property."
Borrower understands and agrees that MERS holds only legal title to the Interests granted by Borrower in this Security
Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successors
and assigns) has the right: to exercise any or all oflhose interests, Including, but not limited to, the right to foreclose
and sell the Property; and to take any action required of Lender including, but not limited to, releasing and canceling
this Security Instrument.
BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right
to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record.
Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any
encumbrances of record.
THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with
limited variations by jurisdiction to constitute a uniform security instrument covering real property.
UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
1. Payment ofPrlncipal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall
pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late
charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due
under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other
instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid,
Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in
one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check,
treasurer's check or cashier's check, prOVided any such check is drawn upon an institution whose deposits are insured
by a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer.
MARY LAN D·-Single Family •• Fannie Mae/Freddie Mac UNIFORM INSTRUMENT· MERS
Form 3021 1/01
Page 3 of 14
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PLAINTIFFS' EXHIBIT B
$J35bb'
Page 4 of 19
Payments are deemed received by Lender when received at the location designated in the Note or at such other
localion as may be designated by Lender in accordance with the nolice provisions in Sec lion 15. Lender may return
any payment or parlial payment if the payment or partial payments are insufficient to bring the Loan current. Lender
may accept any payment or partial payment insufficient to bring the Loan current. without waiver of any rights
hereunder or prejudice to Its rights to refuse such payment or partial payments in the future. but Lender is not
obligated to apply such payments at the time such payments are accepted. If each Periodic Payment is applied as of
its scheduled due date. then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds
until Borrower makes payment to bring the Loan current. If Borrower does not do so within a reasonable period of
time. Lender shall either apply such funds or return them to Borrower. If not applied earlier. such funds will be
applied to the outstanding principal balance under the Note immediately prior to foreclosure. No offset or claim
which Borrower might have now or in the future against Lender shall relieve Borrower from making payments due
under the Note and this Security Instrument or performing the covenants and agreements secured by this Security
Instrument.
2. Application of Payments or Proceeds. Except as otherwise described in this Section 2. all payments
accepted and applied by Lender shall be applied in the following order of priority: (a) interest due under the Note;
(b) principal due under the Note; (c) amounts due under Seclion 3. Such payments shall be applied to each Periodic
Payment in the order in which it became due. Any remaining amounts shall be applied first to late charges. second
to any other amounts due under this Security Instrument. and then to reduce the prinCipal balance of the Note.
If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient
amount to pay any late charge due. the payment may be applied to the delinquent payment and the late charge. If
more than one Periodic Payment is outstanding. Lender may apply any payment received from Borrower to the
repayment of the Periodic Payments if. and to the extent that. each payment can be paid in full. To the extent that
any excess exists after the payment is applied to the full payment of one or more Periodic Payments. such excess may
be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and then
as described in the Note.
Any application of payments. insurance proceeds. or Miscellaneous Proceeds to principal due under the Note
shall not extend or postpone the due date. or change the amount. of the Periodic Payments.
3. Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the
Note. until the Note is paid in full. a sum (the "Funds") to provide for payment of amounts due for: (a) taxes and
assessments and other items which can altain priority over this Security Instrument as a lien or encumbrance on the
Property; (b) leasehold payments or ground rents on the Property. If any; (c) premiums for any and all insurance
required by Lender under Section 5; and (d) Mortgage Insurance premiums. if any. or any sums payable by Borrower
to Lender in lieu of the payment of Mortgage Insurance premiums in accordance with the provisions of Seclion 10.
These items are called "Escrow Items." At origination or at any time during the term of the Loan. Lender may require
that Community Association Dues. Fees. and Assessments. if any. be escrowed by Borrower. and such dues. fees and
assessments shall be an Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts to be paid
under this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives Borrower's
obligation to pay the Funds for any or all Escrow Items. Lender may waive Borrower's obligation to pay to Lender
Funds for any or all Escrow Items at any time. Any such waiver may only be in writing. In the event of such waiver.
Borrower shall pay directly. when and where payable. the amounts due for any Escrow Items for which payment of
Funds has been waived by Lender and. if Lender requires. shall furnish to Lender receipts eVidencing such payment
within such time period as Lender may require. Borrower's obligation to make such payments and to provide receipts
shall for all purposes be deemed to be a covenant and agreement contained in this Security Instrument. as the phrase
"covenant and agreement" is used in Section 9. If Borrower is obligated to pay Escrow Items directly. pursuant to
a waiver. and Borrower fails to pay the amount due for an Escrow Item. Lender may exercise Its rights under Section
9 and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any such amount.
Lender may revoke the waiver as to any or all Escrow Items at any time by a notice given In accordance with Section
15 and. upon such revocation, Borrower shall pay 10 Lender all Funds. and in such amounts. that are Ihen required
under this Section 3.
Lender may. at any time. collect and hold Funds in an amount (a) sufficient to permit Lender to apply the Funds
at the time specified under RESPA. and (b) not to exceed the maximum amount a lender can require under RESPA.
MARYLANO.. Single family .. fannie Mae/freddie Mac UNIFORM tNSTRUMENT • MERS
form 3021 1/01
Pago 4 of 14
DocMag;c~ 800-649-1362
www.docmagic.com
MO CIRCUIT COURT (Land Records) [MSA CE 63-33523J LEK 33566, p. 0649. Printed 11/02/2009 Online 02/28/2008
-------------_._-------_._--
Case 10-00101
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Lender shall estimate the amount of Funds due on the basis of current data and reasonable estimates of expenditures
of future Escrow Items or othelWise in accordance with Applicable Law.
The Funds shall be held In an Inslilution whose deposits are insured by a federal agency, instrumentality, or
entity (including Lender, if Lender is an institution whose deposits are so Insured) or in any Federal Home Loan
Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender
shall not charge Borrower for holding and applying the Funds, annually analyzing the escrow account, or verif'ying
the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make
such a charge. Unless an agreement is made In writing or Applicable Law requires interest to be paid on the Funds,
Lender shall not be required to pay Borrower any Interest or earnings on the Funds. Borrower and Lender can agree
In writing, however, that interest shall be paid on the Funds. Lender shall give to Borrower, without charge, an
annual accounting of the Funds as required by RESPA.
If there Is a surplus of Funds held In escrow, as defined under RESPA, Lender shall account to Borrower for
the excess funds In accordance with RESPA. If there is a shortage of Funds held in escrow, as defined under RESPA,
Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make
up the shortage in accordance with RESPA, but In no more than 12 monthly payments. If there is a defiCiency of
Funds held In escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower
shall pay to Lender the amount necessary to make up the defiCiency in accordance with RESPA, but In no more than
12 monthly payments.
Upon payment In full of all sums secured by this Security Instrument, Lender shall promptly refund to Borrower
any Funds held by Lender.
4. Charges; Liens, Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable to
the Property which can attain priority over this Security Instrument, leasehold payments or ground rents on the
Property, if any, and Community Association Dues, Fees, and Assessments, if any. To the extent that these items
are Escrow Items, Borrower shall pay them in the manner provided In Section 3.
Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower:
(a) agrees In writing to the payment of the obligation secured by the lien In a manner acceptable to Lender, but only
so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against
enforcement of the lien In, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien
while those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the holder
of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender
determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument,
Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that notice is given,
Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4.
Lender may require Borrower to pay a one-time charge for a real estate tax verification andlor reporting service
used by Lender in connection with this Loan.
S. Property Insurance, Borrower shall keep the improvements now existing or hereafter erected on the
Property Insured against loss by fire, hazards Included within the term "extended coverage," and any other hazards
including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be
maintained in the amounts (including deductible levels) and for the periods that Lender reqUires. What Lender
requires pursuant to the preceding sentences can change during the term of the Loan. The insurance carrier providing
the insurance shall be chosen by Borrowersubjecllo Lender's right to disapprove Borrower's choice, which right shall
not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a onetime charge for flood zone determination, certification and tracking services; or (b) a one-lime charge for flood zone
delermination and certification services and subsequent charges each time remappings or similar changes occur which
reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of
any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone
determination resulting from an objection by Borrower.
If Borrower fails to maintain any of the coverages described above, Lender may obtain Insurance coverage, at
Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount
of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's
equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater
MARYLAND.. Single Family.. Fannie Mae/Freddie Mac UNIFORM INSTRUMENT· MERS
Form 3021 1/01
Page 5 of 14
DocMilgic~ 800-649·7362
MO CIRCUIT COURT (Land Records) [MSA CE 63·335231 LEK 33566, p. 0650 Prinled 11/02/2009 Online 02/28/2008
www.docmagic.com
Case 10-00101
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or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so
obtained might significantly exceed the cost of Insurance that Borrower could have obtained. Any amounts disbursed
by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These
amounts shall bear Interest at the Note rate from the date of disbursement and shall be payable, with such Interest,
upon notice from Lender to Borrower requesting payment.
All insurance policies required by Lender and renewals of such poliCies shall be subject to Lender's right to
disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an
additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires,
Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any
form of insurance coverage, not otherwise reqUired by Lender, for damage to, or destruction of, the Property, such policy
shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an addllionalloss payee.
In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make
proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any
insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration
or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened.
During such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Lender
has had an opportunity to Inspect such Property to ensure the work has been completed to Lender's satisfaction,
provided that such inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and
restoration In a single payment or In a series of progress payments as the work is completed. Unless an agreement
Is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be
required to pay Borrower any Interest or earnings on such proceeds. Fees for public adjusters. or other third parties,
retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower.
If the restoration or repair Is not economically feasible or Lender's security would be lessened, the Insurance proceeds
shall be applied to the sums secured by this Security Instrument, whether or not then due. with the excess. If any. paid
to Borrower. Such insurance proceeds shall be applied in the order provided for in Section 2.
If Borrower abandons the Property. Lender may file, negotiate and settle any available insurance claim and
related matters. If Borrower does not respond within 30 days to a notice from Lender that the insurance carrier has
offered to settle a claim, then Lender may negotiate and settle the claim. The 30-day period will begin when the
notice is given. In either event. or if Lender acqUires the Property under Section 22 or otherwise. Borrower hereby
assigns to Lender (a) Borrower's rights to any insurance proceeds in an amount not to exceed the amounts unpaid
under the Note or this Security Instrument, and (b) any other of Borrower's rights (other than the right to any refund
of unearned premiums paid by Borrower) under all Insurance poliCies covering the Property, Insofar as such rights
are applicable to the coverage of the Property. Lender may use the insurance proceeds either to repair or restore the
Property or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due.
6. Occupancy. Borrower shall occupy. establish. and use the Property as Borrower's principal residence
within 60 days after the execution of this Security Instrument and shall continue to occupy the Property as Borrower's
principal residence for at least one year after the date of occupancy. unless Lender otherwise agrees in writing. which
consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower's
control.
7. Preservation. Maintenance and Protection of the Property: Inspections. Borrower shall not destroy.
damage or impair the Property, allow the Property to detetiorate or commit waste on the Property. Whether or not
Borrower is residing in the Property. Borrower shall maintain the Property in order to prevent the Property from
deteriorating or decreasing in value due to Its condition. Unless It is determined pursuant to Section 5 that repair or
restoration Is not economically feasible. Borrower shall promptly repair the Property if damaged to avoid further
deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage to, or the taking
of, the Property, Borrower shall be responsible for repairing or restoring the Property only If Lender has released
proceeds for such purposes. Lender may disburse proceeds for the repairs and restoration in a single payment or in
a series of progress payments as the work Is completed. If the insurance or condemnation proceeds are not sufficient
to repair or restore the Property, Borrower is not relieved of Borrower's obligation for the completion of such repair
or restoration.
MARYLAND--Single Family·-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT· MERS
Form 3021 1/01
Page 6 of 14
DocMag;c~ 8()()"649·1362
MO CIRCUIT COURT (Land Records) [MSA CE 63-335231 LEK 33566. p. 0651. Prinled 11/0212009. Online 0212812008
www.docmagic.com
Case 10-00101
Doc 6-2
Filed 03/23/10
PLAINTIFFS' EXHIBIT B
Page 7 of 19
Lender or its agent may make reasonable entries upon and Inspections ofthe Property. If it has reasonable cause.
Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower notice at the time
of or prior to such an interior Inspection specifying such reasonable cause.
8. Borrower's Loan Application. Borrower shall be in default if. during the Loan application process.
Borrower or any persons or entHies acting at the direction of Borrower or wHh Borrower's knowledge or consent gave
materially false. misleading. or inaccurate information or statements to Lender (or failed to provide Lender with
material information) in connection with the Loan. Material representations include, but are not limited to,
representations concerning Borrower's occupancy of the Property as Borrower's principal residence.
9, Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a)
Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b) there is a legal
proceeding that might slgnlflcantly affect Lender's interest in the Property and/or rights under this Security Instrument
(such as a proceeding in bankruptcy. probate, for condemnation or forfeiture, for enforcement of a lien which may
attain priority over this Security Instrument or to enforce laws or regulations), or (c) Borrower has abandoned the
Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the
Property and rights under this SecurHy Instrument, including protecting and/or assessing the value of the Property.
and securing and/or repairing the Property. Lender's actions can include. but are not limited to: (a) paying any sums
secured by a lien which has priority over this Security Instrument; (b) appearing in court; and (c) paying reasonable
attorneys' fees to protect its interest in the Property and/or rights under this Security Instrument, including its secured
position in a bankruptcy proceeding. Securing the Property includes. but is not limited to, entering the Property to
make repairs, change locks, replace or board up doors and windows, drain water from pipes, eliminate building or
other code violations or dangerous conditions. and have utilities turned on or off. Although Lender may take action
under this Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that
Lender incurs no liability for not taking any or all actions authorized under this Section 9.
Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by this
Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be
payable, with such interest. upon notice from Lender to Borrower requesting payment.
If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease.
Borrower shall not surrender the leasehold estate and interests herein conveyed or terminate or cancel the ground lease.
Borrower shall not, without the express written consent of Lender, alter or amend the ground lease. If Borrower
acquires fee tHle to the Property, the leasehold and the fee title shali not merge unless Lender agrees to the merger
in writing.
10. Mortgage Insurance. If Lender reqUired Mortgage Insurance as a condition of making the Loan. Borrower
shall pay the premiums required to maintain the Mortgage Insurance in effect. If. for any reason, the Mortgage
Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such
insurance and Borrower was required to make separately designated payments toward the premiums for Mortgage
Insurance, Borrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage
Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurance
previously In effect, from an alternate mortgage insurer selected by Lender. If substantially eqUivalent Mortgage
Insurance coverage is not available, Borrower shall continue to pay to Lender the amount of the separately designated
payments that were due when the insurance coverage ceased to be in effect. Lender will accept. use and retain these
payments as a non-refundable loss reserve In lieu of Mortgage Insurance. Such loss reserve shall be non-refundable.
notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any
interest or earnings on such loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance
coverage (In the amount and for the period that Lender requires) prOVided by an insurer selected by Lender again
becomes available. is obtained. and Lender requires separately designated payments toward the premiums for
Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Borrower was
required to make separately designated payments toward the premiums for Mortgage Insurance. Borrower shall pay
the premiums required to maintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, until
Lender's requirement for Mortgage Insurance ends in accordance with any written agreement between Borrower and
Lender providing for such termination or until termination is required by Applicable Law. Nothing in this Section
10 affects Borrower's obligation to pay interest at the rate provided in the Note.
MARYLAND.. Single Family .. Fannie Mae/Freddie Mac UNIFORM INSTRUMENT· MERS
Form 3021 1/01
Poge 7 of 14
DocMagic~ 800-649·1362
MO CIRCUIT COURT (Land Records) [MSA CE 63·33523] LEK 33566. p. 0652. Prinled 1110212009. Online 0212812008.
www.docmsgic.com
Case 10-00101
Doc 6-2
Filed 03/23/10
PLAINTIFFS' EXHIBIT B
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Page 8 of 19
Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur
if Borrower does not repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance.
Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may enter into
agreements with other parties that share or modify their risk, or reduce losses. These agreements are on terms and
conditions that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These
agreements may require the mortgage insurer to make payments using any source of funds that the mortgage insurer
may have available (which may include funds obtained from Mortgage Insurance premiums).
As a result of these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer, any other
entity, or any affiliate of any of the foregoing, may receive (directly or indirectly) amounts that derive from (or might
be characterized as) a portion of Borrower's payments for Mortgage Insurance, in exchange for sharing or modifying
the mortgage insurer's risk, or reducing losses. If such agreement provides that an affiliate of Lender takes a share
of the insurer's risk in exchange for a share of the premiums paid to the insurer, the arrangement is often termed
"captive reinsurance." Further:
(a) Any such agreements will not affect the amounts that Borrower has agreed to pay for Mortgage
Insurance, or any other terms ofthe Loan. Such agreements will not increase the amount Borrower will owe
for Mortgage Insurance, and they will not entitle Borrower to any refund.
(b) Any such agreements will not affect the rights Borrower has· if any. with respect to the Mortgage
Insurance under the Homeowners Protection Act of 1998 or any other law. These rights may include the right
to receive certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have the
Mortgage Insurance terminated automatically, andlor to receive a refund of any Mortgage Insurance premiums
that were unearned at the time of such cancellation or termination.
11. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby aSSigned to
and shall be paid to Lender.
If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the Property,
if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and
restoration period, Lender shall have the right to hold such Miscellaneous Proceeds until Lender has had an
opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that
such inspection shall be undertaken promptly. Lender may pay for the repairs and restoration in a single disbursement
or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable
Law requires interest to be paid on such Miscellaneous Proceeds, Lender shall not be required to pay Borrower any
interest or earnings on such Miscellaneous Proceeds. If the restoration or repair is not economically feasible or
Lender's security would be lessened, the Miscellaneous Proceeds shall be applied to the sums secured by this Security
Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall
be applied in the order provided for in Section 2.
In the event ofa total taking, destruction, or loss in value of the Property, the Miscellaneous Proceeds shall be
applied to the sums secured by this Security Instrument, whether or not then due, with the excess, If any, paid to
Borrower.
In the event of a partial taking, destruction, or loss in value of the Property in which the fair market value of
the Property immediately before the partial taking, destruction, or loss in value is equal to or greater than the amount
of the sums secured by this Security Instrument immediately before the partial taking, destruction, or loss in value,
unless Borrower and Lender otherwise agree in writing, the sums secured by this Security Instrument shall be reduced
by the amount of the Miscellaneous Proceeds multiplied by the follOWing fraction: (a) the total amount of the sums
secured immediately before the partial taking, destruction, or loss In value divided by (b) the fair market value of the
Property immediately before the partial taking, destruction, or loss in value. Any balance shall be paid to Borrower.
In the event of a partial taking, destruction, or loss in value of the Property in which the fair market value of
the Property immediately before the partial taking, destruction, or loss in value is iess than the amount of the sums
secured immediately before the partial taking, destruction, or loss In value, unless Borrower and Lender otherwise
agree in writing, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument whether
or not the sums are then due.
If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the Opposing Party (as
defined in the next sentence) offers to make an award to settle a claim for damages, Borrower fails to respond to
MARYLAND··Single Family .. Fannie Mae/Freddie Mac UNIFORM INSTRUMENT· MERS
Form 3021 1/01
Page 8 of 14
DocMag;c~ 800-64g.r362
MO CIRCUIT COURT (Land Records) [MSA CE 63-33523J LEK 33566. P 0653. Printed 11/02/2009 Online 02128/2008.
www.doc;milg;c.com
Case 10-00101
Doc 6-2
Filed 03/23/10
PLAINTIFFS' EXHIBIT B
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Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply the Miscellaneous
Proceeds either to restoration or repair of the Property or to the sums secured by this Security Instrument, whether
or not then due. "Opposing Party" means the third party that owes Borrower Miscellaneous Proceeds or the party
against whom Borrower has a right of action in regard to Miscellaneous Proceeds.
Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun that, in Lender's
judgment, could result in forfeiture of the Property or other material impairment of Lender's interest in the Properly
or rights under this Security Instrument. Borrower can cure such a default and, if acceleration has occurred, reinstate
as provided in Section 19, by causing the action or proceeding to be dismissed with a ruling that, in Lender's
judgment, precludes forfeiture of the Property or other material impairment of Lender's interest in the Property or
rights under this Security Instrument. The proceeds of any award or claim for damages that are attributable to the
Impairment of Lender's interest in the Property are hereby assigned and shall be paid to Lender.
All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the
order provided for in Section 2.
lZ. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or
modification of amortization of the sums secured by this Security Instrument granted by Lender to Borrower or any
Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest
of Borrower. Lender shall not be required to commence proceedings against any Successor in Interest of Borrower
or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security
Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any
forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of
payments from third persons, entities or Successors in Interest of Borrower or in amounts less than the amount then
due. shall not be a waiver of or preclude the exercise of any right or remedy.
13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees
that Borrower's obligations and liability shall bejolnt and several. However, any Borrower who co-signs this Security
Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this Security Instrument only to mortgage,
grant and convey the co-signer's Interest in the Property under the terms of this Security Instrument; (b) is not
personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other
Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security
Instrument or the Note without the co-signer's consent.
Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's
obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights
and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability
under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of this
Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender.
14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's
default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument,
including, but not limited to. attorneys' fees. property inspection and valuation fees. In regard to any other fees. the
absence of express authority In this Security Instrument to charge a specific fee to Borrower shall not be construed
as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security
Instrument or by Applicable Law.
If the Loan is subject to a iaw which sets maximum loan charges. and that law is finally interpreted so that the
interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits.
then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit:
and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower.
Lender may choose to make this refund by reducing the prinCipal owed under the Note or by making a direct payment
to Borrower. If a refund reduces principal. the reduction will be treated as a partial prepayment without any
prepayment charge (whether or not a prepayment charge Is provided for under the Note). Borrower's acceptance of
any such refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might
have arising out of such overcharge.
15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in
writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given to
MARYlAND--Single Family--Fannie Mae/Freddie Mac UNIFORM tNSTRUMENT - MERS
Form 3021 1/01
Page 9 of 14
Drx;Magjr:~ 800-6'9·136'
MO CIRCUIT COURT (Land Records) [MSA CE 63·335231 LEK 33566. p. 0654 Printed 11/0212009. Online 0212812008.
www.docmagic.com
Case 10-00101
Doc 6-2
Filed 03/23/10
PLAINTIFFS' EXHIBIT B
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Page 10 of 19
b55
Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other
means. Notice to anyone Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires
otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice
address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender
speCifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address
through that specified procedure. There may be only one designated notice address under this Security Instrument
at anyone time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's
address stated herein unless Lender has deSignated another address by notice to Borrower. Any notice In connection
with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender.
If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law
reqUirement will satisfy the corresponding reqUirement under this Security Instrument.
16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by
federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in
this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might
explici~y or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be
construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security
Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security
Instrument or the Note which can be given effect without the conflicting provision.
As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding
neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice
versa; and (c) the word "may" gives sole discretion without any obligation to take any action.
17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument.
18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in
the Property" means any legal or beneficial interest In the Property, including, but not limited to, those beneficial
interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement. the intent
of which is the transfer of title by Borrower at a future date to a purchaser.
If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a
natural person and a beneficial Interest In Borrower is sold or transferred) without Lender's prior written consent,
Lender may require immediate payment In full of all sums secured by this Security Instrument. However, this option
shall not be exercised by Lender if such exercise is prohibited by Applicable Law.
If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a
period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower
must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of
this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand
on Borrower.
19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall
have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a)
five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such
other period as Applicable Law might specify for the termination of Borrower's right to reinstate; or (c) entry of a
judgment enforcing this Security Instrument. Those condilions are that Borrower: (a) pays Lender all sums which
then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default
of any other covenants or agreements; (c) pays all expenses Incurred in enforcing this Security Instrument, including,
but not limited to, reasonable attorneys' fees, property inspeclion and valuation fees, and other fees Incurred for the
purpose of protecting Lender's interest In the Property and rights under this Security Instrument; and (d) takes such
action as Lender may reasonably reqUire to assure that Lender's interest in the Property and rights under this Security
Instrument, and Borrower's obligation to pay the sums secured by this Security Instrument. shall continue unchanged.
Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms,
as selected by Lender: (a) cash; (b) money order; (c) cerllfied check, bank check, treasurer's check or cashier's check,
provided any such check is drawn upon an institution whose deposits are Insured by a federal agency, instrumentality
or entily; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations
MARYlAND.. Single Family··Fannie Mae/Freddie Mac UNIFORM INSTRUMENT· MERS
Form 3021 1/01
Poge 10 of 14
DocMagjC~ 8DO-64901362
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www.docmagic.c;om
Case 10-00101
Doc 6-2
Filed 03/23/10
PLAINTIFFS' EXHIBIT B
335&&
Page 11 of 19
b5b
secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall
not apply in the case of acceieration under Section 18.
20. Sale of Note; Change of Loan Servicer; Notlce of Grievance. The Note or a partiaiinterest in the Note
(together with this Security Instrument) can be sold one or more times without prior notice to Borrower. A sale might
result in a change in the entity (known as the "Loan Servicer") that collects Periodic Payments due under the Note
and this Security Instrument and performs other mortgage loan servicing obligations under the Note, this Security
Instrument, and Applicable Law. There also might be one or more changes of the Loan Servicer unrelated to a sale
of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change which will
state the name and address of the new Loan Servicer, the address to which payments should be made and any other
information RESPA requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter
the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage ioan servicing obligations
to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed
by the Note purchaser unless otherwise provided by the Note purchaser.
Neither Borrower nor Lender may commence, Join, or be Joined to any judicial action (as either an individual
litigant or the member of a class) that arises from the other party's actions pursuant to this Security Instrument or that
alleges that the other party has breached any provision of, or any duty owed by reason of, this Security Instrument,
until such Borrower or Lender has notified the other party (with such notice given in compliance with the requirements
of Section 15) of such alleged breach and afforded the other party hereto a reasonable period after the giving of such
notice to take corrective action. If Applicable Law prOVides a time period which must elapse before certain action
can be taken, that time period will be deemed to be reasonable for purposes of this paragraph. The notice of
acceleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given
to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective action
provisions of this Section 20.
21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances
defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances:
gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volalile solvents,
materials containing asbestos or formaldehyde, and radioactive materials; (b) "Environmental Law" means federal
laws and laws of the jurisdiction where the Property is located that relate to health, safety or environmental protection;
(c) "Environmental Cleanup" includes any response action, remedial action, or removal action, as defined in
Environmental Law; and (d) an "Environmental Condition" means a condition that can cause, contribute to, or
otherwise trigger an Environmental Cleanup.
Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances,
or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, nor allow anyone else
to do, anything affecting the Property (a) that Is in violation of any Environmental Law, (b) which creates an
Environmental Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance, creates a
condition that adversely affects the value of the Property. The preceding two sentences shall not apply to the
presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally recognized
to be appropriate to normal residential uses and to maintenance of the Property (including, but lIOt limited to,
hazardous substances in consumer products).
Borrower shall promptly give Lender written notice of (a) any investigation, claim. demand, lawsuit or other
acllon by any governmental or regulatory agency or private party Involving the Property and any Hazardous Substance
or Environmental Law of which Borrower has actual knowledge, (b) any Environmental Condillon, including but not
limited to, any spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any
condition caused by the presence, use or reiease of a Hazardous Substance which adversely affects thevalue of the
Property. If Borrower learns, or is notified by any governmental or regulatory authority, or any private party, that
any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall
promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any
obligation on Lender for an Environmental Cleanup.
MARVLAND•• Single Family.·Fannie MaclFreddie Mac UNIFORM INSTRUMENT· MERS
Page 11 of 14
Form 3021 1101
DocMag;c
MO CIRCUIT COURT (Land Records) [MSA CE 63~335231 LEK 33566, p, 0656. Printed 11/02/2009. Online 02/28/2008
~ 800.649-J362
www.docmagic.com
Case 10-00101
Doc 6-2
Filed 03/23/10
PLAINTIFFS' EXHIBIT B
935bb
Page 12 of 19
b51
NON·UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following
Borrower's breach of any covenant or agreement in tWs Security Instrument (but not prior to acceleration under
Section 18 unless Applicable Law provides otherwise). The notice shall specifY: (a) the default; (b) the action
required to cure the default; (c) a date. not less than 30 days from the date the notice is given to Borrower, by
wWch the default must be cured; and (d) that failure to cure the default on or before the date specified in the
notice may result in acceleration of the sums secured by tWs Security Instrument and sale of the Property. The
notice shall further inform Borrower of the right to reinstate after acceleration and the right to assert in the
foreclosure proceeding the non-existence of a default or any other defense of Borrower to acceleration and sale.
If the default is not cured on or before the date specified in the notice, Lender at Its option may require
immediate payment in full of aU sums secured by this Security Instrument without further demand and may
invoke the power of sale, assent to decree, and/or any other remedies permitted by Applicable Law. Lender
shall be entitled to collect all expenses Incurred in pursuing the remedies provided In this Section 22,IncIuding,
but not limited to, reasonable attorneys' fees and costs of title evidence.
If Lender Invokes the power of sale, Lender shall mail or cause Trustee to mall a notice of sale to Borrower
In the manner prescribed by Applicable Law. Trustee shaU give notice of sale by public advertisement and by
such other means as required by Applicable Law. Trustee, without demand on Borrower, shall sell the Property
at public auction to the highest bidder at the time and place and under the terms designated In the notice of sale
in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of
the Property by public announcement at the time and place of any previously scheduled sale and by notice to
any other persons as requlred by Applicable Law. Lender or its designee may purchase the Property at any
sale.
Trustee shall deliver to the purchaser Trustee's deed conveying the Property without any covenant or
warranty, expressed or Implied. The recitals in the Trustee's deed shall be prima facie evidence of the truth
of the statements made therein. Trustee shall appiy the proceeds of the sale in the following order: (a) to all
5 . 0 0 0 % of the gross sale price
expenses of the sale, including, but not limited to, Trustee's fees of
and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the
person or persons legally entitled to It.
Borrower, in accordance with Title 14, Chapter 200 of the Maryland Rules of Procedure, does hereby
declare and assent to the passage of a decree to sell the Property in one or more parcels by the equity court
having Jurisdiction for the sale of the Property, and consents to the granting to any trustee appointed by the
assent to decree of aU the rights, powers and remedies granted to the Trustee in tWs Security Instrument
together with any and all rights, powers and remedies granted by the decree. Neither the assent to decree nor
the power of sale granted in this Section 22 shall be exhausted In the event the proceeding Is dismissed before
the payment in full of all sums secured by this Security Instrument.
23. Release. Upon payment of all sums secured by this Security Instrument, Lender or Trustee, shall release
this Security Instrument and mark the Note "paid" and return the Note to Borrower. Borrower shall pay any
recordation costs. Lender may charge Borrower a fee for releasing this Security Instrument, but only If the fee is paid
to a third party for services rendered and the charging of the fee is permllled under Applicable Law.
24. Substitute Trustee. Lender, at ils option, may from time to time remove Trustee and appoint a successor
trustee to any Truslee appOinted hereunder by an instrument recorded in the city or county in which this Security
Instrument is recorded. Without conveyance of the Property. the successor trustee shall succeed to all the lilie. power
and duties conferred upon Trustee herein and by Applicable Law.
25. Possession of the Property. Borrower shall have possession of the Property until Lender has given
Borrower noUce of default pursuant to Section 22 of this Security Instrument.
MARYLANO .. Single Family··Fannie Mae/freddie Mac UNIFORM INSTRUMENT· MERS
Form 3021 1/01
Page 12 of 14
DocMag;c~ 8CJO.649·7362
MO CIRCUIT COURT (Land Records) [MSA CE 63·33523] LEK 33566. p. 0657. Printed 11/02/2009 Onr,ne 02/28/2008.
www.docmagic.com
Case 10-00101
Doc 6-2
Filed 03/23/10
PLAINTIFFS' EXHIBIT B
@'l5bb' bS8
Page 13 of 19
BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security
Instrument and in any Rider executed by Borrower and recorded with it.
;'
(Seal)
-Borrower
Witness:
:Si'a»~. ~;a{~a;-
(Seal)
-Borrower
(Seal)
-Borrower
(Seal)
-Borrower
(Seal)
-Borrower
(Seal)
-Borrower
Witness:
MARYLAND--Single Family--Fanni. Mae/Freddie Mac UNIFORM INSTRUMENT - MERS
Form 3021 1/01
Page 13 of 14
DocMag;c~ 8()().. . .·'362
MO CIRCUIT COURT (Land Records) [MSA CE 63-33523] LEK 33566, p. 0658. Printed 11/02/2009 Onl'IOe 02/28/2008
www.docmagic.com
Case 10-00101
Doc 6-2
Filed 03/23/10
PLAINTIFFS' EXHIBIT B
b5Q'
Page 14 of 19
(Space Below This Une For Acknowledgmentl - - - - - - - - - - - - -
State of Maryland
County of "Mont~omery
J'\",
tJJJ~ ( ~ C/J
,
On this
ttO day of
before me, the undersigned officer,
personally appeared Placido Salazar, Maria N. Salazar
known to me (or satisfactorily Ilroven) to be the person(s) whose name(s) is/are subscribed to the within instrumeni
and acknowledged that helshellhey executed the same for the purpose t'berein contained.
In wit~e~s
....
~ereof I hereunto set my hand and official seal.
.
/.~'"
,~.
"
.. ,.,.,: . .'.
(ii/N
"\'~~':j"'.
,.~:~ ~.:~'.:?/...:, '. '.. " ;"
':oX':,!';., . (Seal)
State of
~
(~'""""---A---=-- _ _ __
f/". r. d_
.
VI ~
pr.,
... OMON ~ure
. ,:":,ryland
~'~J.
~J
'Iy
~()lA..WYU
A.
".:, . ;:,003
Typewritten or Printed Name of Notary Public
~ _'1'.. .(II
n n day of t\AJ~ I
NotarY Public
My (;ommisslon expires:
4.,
Montg~~. 'L..
County of
On this
personally
appea~~
d~
tl4) Cp
,11M ,!WI. O~ c/
, before me, the undersigned officer.
the agent(s) of the person(s) secured by the foregoing deed of trust and made oath In due form of law that the
consiileration recited in saiil deed of trust is true and bona fide as therein set forth; if this is a purchase money loan
transaction, that the actual sum of money advanced at the c10sinlt transaction by the secured party(ies) was paiil over
and disbursed by the party(ies/ secured by the deed of trust to eITher the borrower(s) or the person(s) responsible for
disbursement of funds in Ihe c osing transaction or his/herltheir respective agent at a time no later ilian tlie execution
and delivery of the deed of trust bylhe borrower; and that helshelthey islare the agent(s) of the person(s) secured by
the deed ortrust and is duly authOrized to make this affidavit.
In witness hereof I.-~er.~unto set my hand and official se~l./
"\-.
~
"'-'rSi a,tur~e
_,
•. <."
\'
"',,.,1
>,,' :',,,,,,,,'
'.'
( A d_
. _ ..
.~
'pewritten or Printed Name of Notary Public
1. 09
",:"" .. :.
,1,"1 r ·j),Ft.~j 1~lftU.~t
NotarY Public
My (;ommlssion expires:
CERTIFICATION: This is to certify that this deed of trust:
D
was prepared by or under the supervision of
D
was prepared by
Signature
, an attorney licensed to practice law in the state of Maryland.
, one of Ihe parties to the instrument.
Date
Typewritten or Printed Name
I~:
______________________________
MARYLAND--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT - MERS
Form 3021 1/01
Page 14 of 14
DocMagic~ 8()(J.6.9·1362
MO CIRCUIT COURT (Land Records) [MSA CE 63-33523J LEK 33566, p. 0659. Printed 11/02/2009. Online 02/28/2008.
www.docmaglc.com
Case 10-00101
Doc 6-2
Filed 03/23/10
PLAINTIFFS' EXHIBIT B
'335bb
Page 15 of 19
bbO
AFFIDAVIT MADE PURSUANT TO SECTION 12-108(G)(3)
OF THE TAX-PROPERTY ARTICLE OF
THE ANNOTATED CODE OF MARYLAND
THE undersigned make this oath, in due form oflaw and under the penalties of perjury, that the
following is true to the best of our knowledge, information and belief, in accordance with
Section 12-108(g)(3) of the Tax-Property Article of the Annotated Code of Maryland, as follows:
I.
That we are the original mortgagors of the Deed of Trust recorded in the Land Records of
the County of Montgomery, State of Maryland, in Liber 31085, folio 673.
2.
That the mortgaged property is our principal residence.
3.
That the amount of unpaid principal of the original Deed of Trust being refinanced is
$81,733.64.
DATED this
20th
day of _ _--...;.N..:..,:o:....:.v""'em=b.:;.:er:.....-_ _ , 2006 .
a/k/a Placido Salazar
Claros
State of Maryland, County of
---..7~dlf-L....;r-r-.;:.,,(/(/--=-...,~f+---L----
I HEREBY CERTIFY THAT on this 20th day of November,2006, before me, the
Maria N
subscriber, a Notary Public of the jurisdiction aforesaid, personally appeared
Salazar and Placido Salazar a/kJa Placido Salazar Claros ,known to me (or satisfactorily
proven) to be the persons described in the foregoing instrument and made oath in due form of
law, and under the penalties of perjury, that the matters and facts set forth herein are true.
As witness, my hand and notarial seal.
bkffARY PUBLIC
My Commission Expires: _ _ _ _ _ __
6t;·:--,
J.fl,.?,\~. ~I~.",:·.2_~!~,~\
" q,.~:-:/,~,.-. '~, ;:~}: OMON
,~
,
\'\'=-.:.:'.\. "~.,'.
.
MO CIRCUIT COURT (Land Records) [MSA CE 63-33523] LEK 33566, p. 0660. Printed
;' ( .•~.
'~1!02/2009
"
Online
,".L;:~~" of Maryland
" .
02/28/2~'08
J:"~·!I. -"";~;\.'
.': . ' . -,~
Case 10-00101
Doc 6-2
Filed 03/23/10
Page 16 of 19
PLAINTIFFS' EXHIBIT B
Case No.: ES062006ECS
EXHIBIT "A"
Lot numbered Fifteen (15) in Block numbered Two (2), in the subdivision known as "WOODLAWN TERRACE", as per
plat thereof recorded among the Land Records of Montgomery County, Maryland in Plat Book 12 at plat 846.
For informational purposes only:
Tax ID No. 05-00385212
Being the same property as described in that Deed dated October 17, 2005, and recorded in the Land Records of the
Montgomery County, Maryland, in Liber 31085, folio 651, which was granted and conveyed by Kelly W. Gray unto
Placido Salazar Carlos and Maria N. Salazar.
HAVING a street address of: 604 Eldrid Drive, Silver Spring, MD 20904
Tax ID #: 05-00385212
Title Insurance: First American Title Insurance Company
MO CIRCUIT COURT (Land Records) [MSA CE 63-33523] LEK 33566, p. 0661. Printed 11/02/2009 Online 02/28/2008.
Case 10-00101
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Filed 03/23/10
PLAINTIFFS' EXHIBIT B
Page 17 of 19
bbl t
CERTIFICATION OF PREPARATION
I HEREBY CERTIFY THAT THE WITHIN INSTRUMENT WAS PREPARED BY ME
AND/ OR UNDER MY SUPERVISION AND THAT I AM AN ATTORNEY DULY
APPOINTED TO PRACTICE BEFORE THE COURT OF APPEALS OF THE STATE
OF MARYLAND.
MO CIRCUIT COURT (Land Records) [MSA CE 63-33523J LEK 33566, p. 0662. Printed 11/02/2009. Online 02/28/2008.
Case 10-00101
-
Doc 6-2
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PLAINTIFFS' EXHIBIT B
Page 18 of 19
1
33"5':&b!
AFFIDAVIT MADE PURSUANT TO SECTION 12-108(G)(3)
OF THE TAX-PROPERTY ARTICLE OF
THE ANNOTATED CODE OF MARYLAND
THE undersigned make this oath, in due form of law and under the penalties of perjury, that the
following is true to the best of our knowledge, information and belief, in accordance with
Section 12-108(g)(3) of the Tax-Property Article of the Annotated Code of Maryland, as follows:
1.
That we are the original mortgagors of the Deed of Trust recorded in the Land Records of
the County of Montgomery, State of Maryland, in Liber 31085, folio 658.
2.
That the mortgaged property is our principal residence.
3.
That the amount of unpaid principal of the original Deed of Trust being refinanced is
$328,000.00.
DA TED this
20th
day of _ _......:.N.;.;:o~v.;:;.em=b~er:--_ _, 2006 .
Claros
State of Maryland, County of
---l-077-L...~~(/(}:...l-I:""~~=-';"~~~--
I HEREBY CERTIFY THAT on this 20th day of November,2006, before me, the
Maria N
subscriber, a Notary Public of the jurisdiction aforesaid, personally appeared
Salazar and Placido Salazar a/k/a Placido Salazar Claros ,known to me (or satisfactorily
proven) to be the persons described in the foregoing instrument and made oath in due form of
law, and under the penalties of perjury, that the matters and facts set forth herein are true.
As witness, my hand and notarial seal.
,. :iJi(j
"
,.'
,
:.~r'",,,
_.....-"
ill, OJI!;,'; :1"\'; " ;I';/' ,:,,~~.,/;lO'J
MO CIRCUIT COURT (Land Records) [MSA CE 63-33523J LEK 33566, p. 0663. Printed 11/02/2009 Online 02/28/2008
Case 10-00101
Doc 6-2
Filed 03/23/10
Page 19 of 19
PLAINTIFFS' EXHIBIT B
bb~
835&b
State of Maryland Land Instrument Intake Sheet
I X I County: Montgomery
I I Baltimore City
Information provided isfor the use of the Clerk's Office and StOle Department of
Assessments and Taxation, and the County Finance Office only.
(Type or Print in Black Ink Onlv All Copies Must Be Leeible)
I Check Box ir Addendum Intake Form i. Attached.)
Type(s)
Mortgage
HOther
Deed
H°ther
of Instruments
1 Deed of Trust
Lease
Conveyance
Improved Sale
Unimproved Sale
Multiple
Not an AnnsCheck Box
Arms-Len!!,th J}
Arms-Length [21
Arms Length [3]
Length Sale (9]
Tax Exemptions Reeordation
(if Applicable)
State Tronsrer
Cite or Explain Authority County Transrer
Consideration
AmouDt
Finance Office Use Only
Transfer aDd Recordation Tax Consideration
Purchase PricelConsideration
S
.00
Consideration Any' New Mortgage
Transrer Tax Consideration
354,400.00
S
S
and Tax
)0/0
New Mortgage
x(
S
88,600.00
S
Calculations
Less Exemption Amount
S
328,000.00
S
Balance of Existing Mortgage
Total Transfer Tax
= S
Recordation Tax Consideration
S
81,733.64
S
Balance of Existing Mortgage
x(
) perS500
= S
Full Cash Value
TOTAL DUE
S
0.00
S
Amount of Fee.
Agent:
Doc. I
Doc. 2
Recording Charge
S
S
20.00
20.00
Fees
TuBiII:
Surcharge
S
20.00
S
20.00
State Recordation Tax
S
231.1 5
S
C.B. Credit:
State Transfer Tax
S
0.00
S
County Transfer Tax
S
0,00
S
Ag. Tax/Other:
Other
S
5
Other
S
S
District I Property Tax fD No.(I) I Grantor LiberlFolio
Map
Pa .. el No.
I Vor.LOG
Description of
05-00385212
31085/651
I 1(5)
I
I
I
Property
SqFtlAcreage(4)
Subdivl.ion Name
Plat Ref. I
Block(3b). '-SeetlAR(3c)
'- Lot(3a)
Woodlawn Terrace
2
SOAT require.
I 15
I
L
Locatlon/Addr... of Property Beine Conveyed (2)
lUbmitlion ot aN
applicable information.
604 Eldrid Drive, Silver Spring, MD 20904
A mallimlm of .40
Other Property Identinm (If applicable)
Water Meter Account No.
I
W
«
fT1
P-1
W
W
W
W
U
U
LJ
-
W
W
characters will be
indexed in accordance
with the priority cited in
Real Property Article
Residential I X) or Non-Residential) )
Partial Conveyance? I ) Ye. IXI No
I Fee Simple I XI or Ground Rent I I
I DescriptiooiAml. ofSqFtlAcreage Transferred:
I Amount:
SN/A
IN/A
Section 3·104(O){3)(i).
LU
Transferred
From
If Partial Conveyance, List Improvements Conveyed: N/A
Doc. I - Grantor(.) Nome(s)
Maria N Salazar
Placido Salazar alkla Placido Salazar Claros
Doc. 2 - Grantor(.) Name(.)
Doc. 2 - Owner(.) or Record, If Different from Grantor(s)
Doc. I - Owner(s) of Record, IfDilferent from Gr.ntor(s)
W
Transferred
To
W
Other Names
to Be Indexed
~
Contact/Mail
Information
Doc. 2 - Grantee(.) Name(s)
Doc. I - Grantee(.) Nome(s)
Excelente Settlements, Inc.
New Owner's (Grantee) Mailing Address
604 Eldrid Drive, Silver Spring, MD 20904
Doc. 2 - Additional Name. to be Indexed (Optional)
Doc. I - Additional Nom.s to be IndOled (Optional)
I
I
I
W
Return to Contaci Person
Instrument Submitted By or Contact Penon
Name:
Dahiana Quiroga, Cinthya Rocha
Hold for Pickup
Firm:
Excelenle Settlements, Inc.
Address: 40 I N, Washington Street, Suite 950, Rockville, MD 20850
Return Address Provided
Phone:
Phone: 301-838-4010 FAX: 301-548-9241
11 I IMPORTANT: BOTH THE ORIGINAL DEED AND A PHOTOCOPY MUST ACCOMPANY EACH TRANSFER
Will the property being conveyed be the grantee's principal residence?
Yes
As:sessment
Yes X No
Does transfer include personal property? If yes, identify:
Information
o
n
t:1
tRjNO
!xl Yes nNo
Was property surveyed? If yes, attach copy. of survey (if recorded, no copy required)
Assessment Use Only· Do Not Write Below This Line
[ 1 Tran. Process Verification
'[ I Terminal Verillcation I 1 Agricultural Verificatioo [ 1Whole
[ I Part
Transfer Number:
Year
Date Received:
Land
Buildings
Total
REMARKS:
,r. "'0'"
liT rnliRT
R.
"rl<llMSA CE 63-33523)LEK 33566,
Assigned Property No.:
Map
Sub
Plat
Grid
Ceed Referenca:
Geo.
Zoning
Use
Town Cd.
p.~bb'" ~"n
eo
IIVLlLUU'.
Percel
Section
Ex. 51.
Ex. Cd.
Block
Lot
Oce. Cd.
v,
ES062006ECS
Excelente Settlements - Produced 01/29/2010
Case 10-00101
Doc 6-3
Filed 03/23/10
PLAINTIFFS' EXHIBIT C
ES Page 49 of 356
Page 1 of 2
Previous editions are obsolete
A.
form HUD-1 (3/86) ref Handbook 4305.2
Settlement Statement --
U.S. Depa.nt of Housing and Urban Development
B. Tvoe of Loan
1. OFHA
4. OVA
C. Note:
2. OFmHA
3. K1Conv. Vnins.
OMB Aooroval No.
I 6. File Number
I
2502-0265
7. Loan Number
s Ornnv. Tns.
ES062006
06MDOOOOO 1300
This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown.
Items marked "(p.o. c.)" were paid outside the closing; they are shown here for information purposes and are not included in the totals.
~~~~t:~~~!~i~n~I~~~; ~n~n~~~ngIY make false FS~~~~:i~~~~~~~tI~n~~?, SJ{'-t~~~~ ~h~~t?~na~Xn"lth;:rlS~~~f~~T~1~enalties upon
D. NAME OF BORROWER:
ADDRESS'
E. NAME OF SELLER:
lexoire" ~nO/'OOFl\
FINAL
I 8. Mortgage Insurance Case Number
I
TitleExpress Settlement System
Printed 11/20/2006 at 16 '07 I G
Maria N Salazar and Placido Salazar a/k/a Placido Salazar Claros
604 Eldrid Drive Silver SnrinQ MD 20904
REFINANCE
ADDRESS'
First Residential Mortgage Services Corp.
570 Svlvan Avenue Emdewood Cliffs NJ 07632
G. PROPERTY ADDRESS:
604 Eldrid Drive, Silver Spring, MD 20904
Woodlawn Terrace Lot 15 Block 2
H. SETTLEMENT AGENT:
Excelente Settlements, Inc., Phone: 301-838-4010 FAX: 301-548-9241
PI ArE OF SETTLEMENT' 401 N. Washine.ton Street Suite 950 Rockville MD 20850
I SETTT EMENT f1A TE:
11120/2006
11127/2006
f1ISBVRSEMENT DATE:
J. SUMMARY OF BORROWER'S TRANSACTION:
K. SUMMARY OF SELLER'S TRANSACTION:
100. r,ROSS AMOUNT DUE FROM BORROWER
400. GROSS AMOUNT DUE TO SELLER
F. NAME OF LENDER:
ADDRESS:
101.
Contract sales nrice
401
r.nntr"r.t s"les nrice
107.
Pprsnn"l Prooertv
402
Personal Prooertv
103
~AtllAment
104.
p"vnff'1 n6764203-1
ch"roAs tn bnrrnwAr llinA 1400\
Countrvwide Home Loans
105
9 843.69
330 436.95
403
91 174.33
405
404
Inc.
Payoff Other Loans
p"vnff li87 854.3::1 on144R7483
to:EMC Mortnane Cornnration
P"vnff $5 ? 1n no 3<;370167962842
tn:THD CRSn
P"vnff!l:1 568.00603461005825
tn:GFMR 1 HnmA nAsion
Pavoff $154? 00 79192421032
tn·r.FMR
/1
nwps
Adiustments for items [laid bv seller in advance
109.
Adiustments foritems [laid bv seller in "rlv"nce
1 208.00
Payoff to Chase
4nR
11n.
410.
111
411
117
120
200.
417
432 662_97
GROSS AMOUNT DUE TO SELLER
AMOUNTS PAID BY OR ON BEHALF OF BORROWER
420.
500.
7n1
nAnosi! or A,,,nA.t mnne"
501.
l=y"P'. n"nnsit I.AA
2D2
Princioal amount of new loans
7n::l.
Fyi.lino lo"nl., !"kAn slihiAr.t tn
2D4.
~~
GROSS AMOUNT DUE FROM BORROWER
!i0?
145_00
<;n4
503
Courtesy Credit
Excelente Settlements
354 400.00
;not",~t;nn.\
charoes to seller !line 1400\
Existina loanls\ t"kAn SlIhiAr.t to
Inc.
<;n<;
?05.
206.
REDUCTIONS IN AMOUNT DUE TO SEL LER
Prn"""tis Imm ?nti Tr lot
87 133_30
.---
506
?n7.
507
20B.
SOB
<;nR
?nR
Adiustments for items unoaid hv seller
Adiustments for items unoaid bv seller
21::1
513
214.
514
?1<;
515.
216.
<;16
217.
517.
?18.
!i1R
219
519.
220.
300.
TOTAL PAID BY/FOR BORROWER
~n1
r.r"'o "mnllnt till" frnm hnrrnWAr liin" 120\
30?
I "ss amounts naid bv/for borrower lIine 220\
303.
CASH TO BORROWER
441 678.30
CASH AT SETTLEMENT FROM OR TO BORROWER
432 662.97
441 678_30
9 015.33
520.
600.
CASH AT SETTLEMENT TO
601.
Gross "mnllnt tiliA to SA liAr lIine 420\
60?
I ASS reduction amount due seller (line 520)
603.
CASH TO SELLER
TOTAl REDUCTION AMOUNT DUE SELLER
OR FROM SELLER
0.00
Excelente Settlements - Produced 01/29/2010
Case 10-00101
Doc 6-3
Filed 03/23/10
PLAINTIFFS' EXHIBIT C
r
Previous editions are obsolete
U.S. DEPARTMENT OF HOUSING AND
SETTLEMENT STATEMENT
L
eN
form HUD·1 (3/86) ref Handbook 4305.2
DEVELOPMENT
FINAL
File Number:
SETTLEMENT CHARGES
PAID FROM
@
0 000
=
to
SELLER'S
FUNDS AT
FUNDS AT
SETTLEMENT
SETTLEMENT
703. Commission oaid at
802. Loan Discount
803 ADor'lisal Fee
804. Credit Reoorl
I
4252 80
Corp
%
to
Residential Jl.nn"";.sals
LantiR;ofe Credit Inc
to
First Residential Mortqaqe
to
805. Lender's
806 Ann!;~"t;nn Fee
807. A,
808
S~""; "'''IS
(P,O C ) 5000 Buyer
350 00
-27 00
Fee
S~""; "'''IS
Corp
350 00
T ... nn""f .. Flood Cert
First Residential Mortqaqe S~"u; ""qS Corp
to F~~st Residential Mortqaqe Services Corp
12 00
78 00
_450 00
Fee
809. Flood C,
to
Fee
810. Tax Service Fee
811
t Fee
to
900 ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE
@$
901 Interest From 11/28/2006 \Q1;1/01/2006
76,2944 Idav
902. Morlcace Insurance Premium for
to
903 Hazard Insurance Premillm for
to
3 Days
_228 88
(P 0 C ) 590 00 Buyer
904.
905.
1000 RESERVES DEPOSITED WITH LENDER FOR
4 mo. @S
1001 Hazard Insurance
1002 Morlaaae In."r"n~ ..
mo.@$
1003. Citv Prooerlv Tax
Imo
mo@S
1004. County ProDerly Tax
1005. Annual A •• " •• ",ents
1009. Inn,
AnalYsis Ariilldmpnl
to
196 68
49 17/mo
2 mo. @$
Imo
257 34 Imo
mo.@$
Imo
First Residential Mortqaqe
S~""; ""qS
514 68
Corp
-98 33
1100. TITLE CHARGES
Excelente Sett-l <>m<>nt-.. Inc
Janet Kelemen Gallery Title Services
to Excelente Settl<>m<>nt-"
Inc
to Excelente Settlements
Inc
10 Excelente Settlements
Inc
295 00
195 00
65 00
to
1101. Settlement or closinc fee
1102 Abstract or ltlIe search
to
1103. Title examination
1104. Title insurance binder
1105
50 00
50 00
1106. NotarY Fees
1107
fees
(includes above items No:
11 OIL
~
)
to
Insurance
1002 00
First American Title Insurance r."mn .. n ..
(includes above items No:
)
354.400 00
1109. Lender's Policy
1110 Owner's Palicv
- 1002 00
1111
111~ ~~ex/Courier
to
Fee
Excelente Settlements
Inc
85 00
1113.
1200. GOVERNMENT RECORDING AND TRANSFER CHARGES
. MoriDaDe S 40 00
1201 Recordina Fees Deed S;
Release S 60 00
1202. State Recordation Tax
Deed S
MarlaaDe S
1703 Stat" TransierTax
1204 Countv Transfer Tax
D_ee~$
Morlaaae $
Deed
9)
to Mont:.
120!i2nd half DrooMv 1~
1300. ADDITIONAL SETTLEMENT CHARGES
Marlaaae
County
lOO 00
9;
Maryland
1,543 98
1301. Survey
1302 Pest Insoection
1303.
1304 Rel"ase
1305.
1306
Excelente Settlements
to Excelente Settlements
ta
Imacinc
Inc
Inc
150 00
1307.
130JL
r
1400. IUTAl SETTLEMENT CHARGES
(enter on lines 103. Section J and 502. S.. clion K)
I have carefully reviewed the HUD·1 Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts
and dis~u::e.m:~s ma~'o:
accou~t:hiS transaction. I further certify that I have received a copy of the HUD·1 Settlement Statement.
Ma ia N Sala
,
\...
Jaros
Settlemen
WARNING: It is ~ crime to kn wingly make false statements to the United States on this or any other similar form. Penalties upon
conviction can include a fine and imprisonment. For details see: Title 18 U. S. Code Section 1001 and Section 1010.
PAID FROM
BORROWER'S
to
800 ITEMS PAYABLE IN CONNECTION WITH LOAN
801 Loan f), .
Fee
1 200 %First Residential Mortqaqe
PAGE 2
: SYstem Printed 11/20/2006 at 16:02 LG
TitleExoress
700. ~TAL SALES/BROKER'S COMMISSION based on orice $
Division of commission lIin .. 700l RS fnllnws'
701. $
702 S
ES Page 50 of 356
Page 2 of 2
9,843 69
Deposit
/ Check Disbursement
Case 10-00101
Doc 6-4 Filed Statement
03/23/10 Page 1 of 3
File Number: ES062006ECS
Printed:
02/01/10 at 11:29
Page: 1
Seller(s) :
PLAINTIFFS' EXHIBIT
Buyer(s): Maria N. Salazar
Placi Salazar a/k/a Placido Salazar Claros
Property Location: 604 Eldrid Drive
Silver Spring, MD 20904
Woodlawn Terrace, Lot 15, Block 2
Settlement Date: 11/20/06
---------------------------------- Deposits ---------------------------------Receipt #
Date
Stat From
Due
Received
11/27/06 R First Residential Mortgage
348,015.99
11/27/06 R First Residential Mortgage
88,165.87
==========
Check #
<
==========
Total Deposits:
0.00
436,181.86
Checks ----------------------------------Date
Stat To
Held
Disbursed
8,905.50
11/27/06 T Maria N Salazar and Placid
1,208.00
11/27/06 T Chase
11/27/06 T Clerk of the Circuit Court
80.00
11/27/06 B Clerk of the Circuit Court
60.00
330,436.95
11/27/06 T Countrywide Home Loans, In
1,726.20
11/27/06 B Excelente Settlements, Inc
11/27/06 T First American Title Insur
200.40
11/27/06 T Janet Kelemen Gallery Titl
179.00
1,543.98
11/27/06 T Montgomery County, Marylan
82,854.33
11/27/06 T EMC Mortgage Corporation
5,210.00
11/27/06 T THD CBSD
1,568.00
11/27/06 T GEMB / Home Design
1,542.00
11/27/06 T GEMB / Lowes
53.40
11/27/06 T First American Title Insur
614.10
11/27/06 T Montgomery County
Total Checks:
Received/Disbursed Difference:
Account Balance:
===========
===========
1,786.20
434,395.66
1,786.20
0.00
D
Deposit / Check Disbursement Statement
Case 10-00101 Doc 6-4 Filed 03/23/10 Page 2 of 3
File N1.Ullber: ES062006ECS
Printed:
02/01/10 at 11:29
Page: 1
Seller(s) :
PLAINTIFFS' EXHIBIT
Buyer(s): Maria N. Salazar
Placi Salazar a/k/a Placido Salazar Claros
Property Location: 604 Eldrid Drive
Silver Spring, MD 20904
Woodlawn Terrace, Lot 15, Block 2
Settlement Date: 11/20/06
---------------------------------- Deposits ---------------------------------Receipt #
Date
Stat From
Due
Received
11/27/06 R First Residential Mortgage
348,015.99
Mortgage Proceeds
354,400.00
Retained Charges
6,384.0111/27/06 R First Residential Mortgage
88,165.87
Proceeds from 2nd Trust
88,165.87
==========
Check #
==========
Total Deposits:
0.00
436,181.86
Checks ----------------------------------Date
Stat To
Held
Disbursed
11/27/06 T Maria N Salazar and Placid
8,905.50
8,905.50
Cash from Closing
1,208.00
11/27/06 T Chase
Payoff to Chase
1,208.00
80.00
11/27/06 T Clerk of the Circuit Court
Recording Fees, Mortgage
40.00
40.00
11/27/06 B Clerk of the Circuit Court
60.00
Recording Fees, Release
60.00
11/27/06 T Countrywide Home Loans, In
330,436.95
Loan# 106764203-1
0.00
329,981. 95
Payoff Principal
Interest 11/30/06 to 12/07/06
0.00
7 days @ $65.00
455.00
1,726.20
11/27/06 B Excelente Settlements, Inc
Document Preparation
50.00
50.00
Title insurance binder
65.00
Title examination
85.00
Fedex/Courier Fee
Release preparation/Tracking
150.00
Settlement or closing fee
295.00
Lenders Policy
801. 60
Credit
145.00358.60
16.00
200.40
11/27/06 T First American Title Insur
Lenders Policy
200.40
179.00
11/27/06 T Janet Kelemen Gallery Titl
Abstract or title search
179.00
1,543.98
11/27/06 T Montgomery County, Marylan
2nd half property taxes
1,543.98
82,854.33
11/27/06 T EMC Mortgage Corporation
Loan# 0014482483
0.00
82,674.63
Payoff Principal
0.00
Interest 12/01/06 to 12/07/06
179.70
6 days @ $29.95
5,210.00
11/27/06 T THD CBSD
0.00
Loan# 35320167962842
5,210.00
Payoff Principal
1,568.00
11/27/06 T GEMB / Home Design
0.00
Loan# 603461005825
1,568.00
Payoff Principal
D
1,542.00
11/27/06
GEMB / Lowes
CaseT10-00101
Doc 6-4 Filed 03/23/10 Page 3 of 3
Loan# 79192421032
0.00
Payoff Principal
1,542.00
PLAINTIFFS' EXHIBIT
53.40
11/27/06 T First American Title Insur
53.40
614 .10
11/27/06 T Montgomery County
614 .10
===========
<
Total Checks:
Received/Disbursed Difference:
Account Balance:
1,786.20
434,395.66
1,786.20
0.00
D
Excelente Settlements - Produced 01/29/2010
ES Page 88 of 356
Case 10-00101
Doc 6-5
Filed 03/23/10
PLAINTIFFS' EXHIBIT E
Uniform Residential Loan A
Page 1 of 4
Loan 10 : 06MO-O000001300
lication
This app Ication is designed to be completed by the applicant(s) with the Lender's assistance. pp icants
should complete this form as "Borrower" or "Co-Borrower," as applicable. Co-Borrower information must
the Income or assets of a person other
also be provided (and the appropriate box Checked) when 0
than the Borrower (including the Borrower's spouse) will be used as a basis for loan qualification or
CJ the income or assets of the Borrower's spouse or other person who has community property rights
pursuant to state law will not be used as a basis for loan qualification, but his or her liabilities must be
considered because the spouse or other person has community property rights pursuant to applicable law
and Borrower resides in a community property state, the security property Is located in a community
property state, or the Borrower is relying on other property located in a community property state as a
basis for repayment of the loan.
CJ
o
Mortgage
Applied for:
OVA
Amount
FHA
W Conventional D Other (explain):
0 USDA/Rural Housing Service
Lender Case Number
0
Amortization
Type:
604 Eldrid Drive
Co-Borrower
D
06MD-0000001300
Fixed Rate
GPM
0
Other (explain): Interest Only
ARM (type):
Silver S rin , MD 20904
Legal Description of Subject Property (attach description if necessary) Lot 15,
15, Block
Woodlawn Terrace
Terrace
Block 22 Woodlawn
Le al descri tion is attached to and made a
Purpose of Loan
0
Purchase
art of hereof.
0
Construction
W Refinance
Property will be:
Other (explain):
r I Primary
Investment
b)
Describe
Improvements
Debt Consolidation and
2005
$
410,000.00
$
412 656.58
other
412,656.58
N _ Salazar
Title will be held in what Name(s) PlaCido Salazar I/ Maria N.
Secondary D
Residence
LX..J Residence
Construction-Permanent
Complete this line if construction or construction-permanent loan.
Year Lot Original Cost
Amount Existing Liens
(a) Present Value of Lot
Acquired
$
$
Complete this line If this Is a refinance loan.
Year
Original Cost
Amount Existing Liens
Purpose of Refinance
Acquired
o
o
D
made
Dmade
to be made
0.00
Cost: $
Manner in which Title will be held
Estate will be held in:
Tenanc b Entiret
W Fee Simple
~____~=-__~____~=-~__~~________~~~~~~~__~__~~~______-L!!~~~~LJ~~~~~
__________~[;]
~S"'o-u-rc-e-of=D-o-w-n-:P::-a-y-m-e-n--:t-.
Source of Down Payment, ~S-e--:tt--:le-m-e-n--:t-:C::-h-a-r-ge-s-,-a-n-d"'/o-r-S::-u-:b--:o-r--:d::-in-a--:te-::F"'in-a-n-c--:in-g-(--:e-x-p::-la"'in--:)-C-h-e-c-k-iJ..n~g~a!.!!n~d~sLa~v=i...!n~g~e.!::!:.:!:.!!~~------i
ement harges, and/or Subordinate Financing (explain) Checking and Savings
Borrower's Name (include Jr. or Sr. if applicable)
Placido Salazar
Social Security Number Home Phone (incl. area code)
CiJ Married 0
(301) 625-3204
Unmarried (include single,
divorced. widowed)
Se arated
D
Present Address (street. city, state. ZIP)
[i] Own
0D
;:p~~a~~~I~al:~ow
;:p~~a~~~I~al:~ow
Co-Borrower's Name (include Jr. or Sr. if applicable)
DOB
(mm/dd/yyyy)
Vrs.
School
12.00
Social Security Number Home Phone (incl. area code)
B
Married
1
Rent
1.00
No. Yrs.
0
DOB
(mm/dd/yyyy)
Vrs.
School
0.00
Unmarried (include single,
divorced. widowed)
Se arated
Present Address (street, city, state, ZIP)
0.00
Rent
No. Yrs.
604 Eldrid Drive
Silver Spring, MD 20904
Mailing Address, if different from Present Address
Mailing Address,, if different from Present Address
If residing at present address for less than two years, complete the following:
Former Address (street , city,
state
. ZIP)
Own 11
lJLJ Rent 1.00
No. Yrs. Former Address (street, city. state. ZIP)
0
Own
20708 Bell Bluff Road
o
Yrs.
____ No. Vrs.
Rent _____
Gaithersburg.
Gaithersburg, MD 20879
Name & Address of Employer
Placido Salazar
W Self Employed
V's. on this job
Name & Address of Employer
3.92
V's. employed in this line
of work/profession
604 Eldrid Drive
Silver S rin , MD 209044
6.00
Position/Title/Type of Business
rs or~g!~Y:r~i~s~~~sn line
0.00
Position/Title/Type of Business
Business Phone (incl.
(lncl. area code)
Owner
Construction Fences
301 625-3204
If employed in current position for less than two years or If currently employed In more than one position, complete the following:
Name & Address of Employer
rI
Dates (from - to)
Name & Address of Employer
D
Dates (from - to)
LX...J Self Employed
Self Employed
Placido Salazar
2356 Glemont Circle #202
Silver Spring, MD 20902
Monthly Income
Monthly Income
0.00
Position/Title/Type of Business
Owner Construction Fence
Name & Address of Employer
Dates (from - to)
Positlon/TitlelType of Business
Name & Address of Employer
o
$
Business Phone (incl. area code)
Self Employed
Monthly Income
Monthly Income
Position/Title/Type of Business
$
Business Phone (incL area code)
Freddie Mac Form 65 7/05
Fannie Mae Form 10037/05
<D.-21N (0507)
~
Page 1 of 4
Initials:
VMP Mortgage Solutions. Inc. (800)521-7291
Dates (from - to)
Position/Title/Type of Business
$
Business Phone (incl. area Code)
* VERIFICATION: (301) 962-4171
Excelente Settlements - Produced 01/29/2010
Case 10-00101
Doc 6-5
Filed 03/23/10
PLAINTIFFS' EXHIBIT E
ES Page 89 of 356
Page 2 of 4
• Self Employed Borrowerls) moy b. required 10 provide additional documonlallon such as lax relurns and financial slalomonls.
Describe Olher Income
B/C
Nolice: Alimony, child support, or soporale malnlenance Incomo need nol be revealed If Ihe Borrower IB)
or Co-Borrower
Co·Borrower IC) does nol choose 10 have II considered for repaying Ihls loan.
Monthly Amount
$
This Statement and any applicable supporting schedules may be completed jointly by both married and unmarried Co-Borrowers
Co· Borrowers if their assets and liabilities are
sufficiently joined so that the Statement can be meaningfully and fairly presented on a combined basis; otherwise, separate Statements and Schedules are required. If
the Co·Borrower
Co-Borrower section was completed about a non-applicant spouse or other person, this Statement and supporting schedules must be completed about that
at spouse
or other person also.
Indicates item
item not
not included
included In
Not
** Indicates
In total.
total_
Cash
Liabilities and Pledged Assels. List the creditor's name, address, and account number for all outstanding debts.
Cash or
or Market
Market
etc
Value
including automobile loans, revolving charge accounts, real estate loans, alimony, child support, stock pledges, etc.
Value
(.) those
those liabilities,
liabilities, which
which will
will be
be satisfied
satisfied upon
upon sale
sale of
of real
real estate
estate
~~~~!""'-:---:---:---:--:--:--+---"':"'::':'::~----l Use continuation sheet, if necessary. Indicate
Indicate
(.)
deposit toward purchase held by:
$
.
of the s
ASSETS
Unpaid Balance
Balance
Unpaid
330,436.95
2,291.00
HOME LOANS
**
Chevy Chase
145
*
13301 New Hampshire Avenue
Silver Spring, Me 20904
$ Payment/Months
82,854.33
931.00
u
**
89
$ Payment/Months
**
$
288.00
arne and address of Bank, S&L, or Credit Union
Name
5,286.00
19
$ Payment/Months
$
5,210.00
109,00
109.00
Name and address of Bank, S&L, or Credit Union
**
48
$ Payment/Months
Stocks & Bonds (Company name/number $
& description)
escription)
*
$
1,703.00
51.00
FSB
34
$ Payment/Months
Life insurance net cash value
**
$
1,568.00
47.00
$
**
34
nt/Months
$ Payment/Months
**
$
1,542.00
43.00
**
$
*
36
**
*
$
Other Assets (itemize)
$
$
Freddie Mac Form 65 7/05
Fannie Mae Form 10037/05
•
• 21N (0507)
.-21N
~
Initials:
Page 2 of 4
CP.s c-
Excelente Settlements - Produced 01/29/2010
Case 10-00101
Doc 6-5
Filed 03/23/10
ES Page 90 of 356
Page 3 of 4
PLAINTIFFS' EXHIBIT E
Schedule of Real Estate Owned (If additional properties are owned, use continuation sheet.)
Property Address (enter S if sold, PS if pending sale
or R if rental being held for income)
y
Type of
Property
Present
Market Value
Amount of Mortgages
& Liens
Gross
Rental Income
tnsurance,
Maintenance,
Taxes & Misc.
Mortgage
Payments
Net
Rentallncoma
Rental Income
Eldrid Drive
604
Silver Spring,
S~rin9, NO 20904
PR
Sing $
445 000.00 $
413,291.28 $
0.00 $ 3,222.00 $
0.00 $
0.00
$
445,000.00 $
445,000.00
413,291.28 $
413,291.28
0.00 $ 3 222.00 $
0.00 $
0.00
0.00
Totals
List any addlttonal names under which credit has previously been received and Indicate appropriate creditor name(s) and account number(s):
Alternate Name
Account Number
Creditor Name
a. Purchase rice
0 00 I If you answer "Yes" to any questions a through I, please
.:;;.;....;..;:::.;::.:.::.:;;;....:.;.:.:.=----------f-.!.------::..:..;::.::..j
=-j use continuation sheet for explanation.
b.
0.00 I
c.
0.00 I a. Are there any outstanding judgments against you?
Borrower
---'-'c;..;.;.;.;;;.;-'-""""'""----------r------;;..;...
B
Co-Borrower
0 wOO
GJGJ DO 0
Yes
No
Yes
No
B
--d'-.-=;;.;.;;...>.;.;.--'-.=;;..;;.;;~~-==-'------+----4-2-2-8-1...;9"-'-'.2"'8"-1 b. Have you been declared bankrupt within the past 7 years?
1
.;;.;....;..;.==..;..;...,.;.;.=-=;.:;...;..;;.;;...;:...;;..,=;;...;:.;.;J.._....,I-___
==.<.'=.:...;.='-j c. Have you had property foreclosed upon or given title or deed in
=...:.;.===...>.:.:=c..::;=;;..:.:::...::~=::...:=
I_---=::.!.=c:::..:==_i
.;;e.;..
. ...;E;;;.s"'t.;.:.im.;.:.a"'t"'e.;;.d-'p...r-'"e<.;a;;.;i.:;cd..;.it"'e"'m.;.;s'--_ _ _ _ _ _t -_ _ _ _.::1..!.'.::5.;:3.;:2;.:,..:5;.:1'-j1
lieu thereof in the last 7
7 years?
Are you a party to a lawsuit?
f.
10 417.88I d , Areyouapartytoalawsuit?
~-""==="';;';'==";:':;='--------t----"":::=='""o":,->O'-'O'-il e. Have
indirectly been
been obligated
obligated on
on any
any loan
loan which
which resulted
resulted in
Have you
you directly
directly or
or indirectly
in foreclosure,
foreclosure.
transfer of title in lieu of foreclosure, or judgment? (This would include such loans as home
0,00 I
mortgage loans,
loans. SBA loans, home improvement loans, educational loans, manufactured
.;.;.;.-""==""'-"'-'==='-""""-'-=u.._ _ _ _I-______.-.-~
(mobile)
any mortgage,
mortgage, financial
financial obligation.
obligation, bond,
bond, or
or loan
loan guarantee.
(mobile) home
home loans,
loans, any
guarantee. If
If "Yes,"
"Yes,"
434 769,67
provide details, including date, name, and address of Lender,
88,600,00 I
FHA or VA case number, if any, and reasons for the action.)
__
0 W 0
0 W
CiJ 0 00
...::.;==;;.;..;;..;;.;==-==;..<.;=...:.J.===....,1-______.;:0..;.•.;:0..:0'-j1 f. Are
you presently delinquent or in default on any Federal debt or
any other loan, mortgage, financial obligation, bond, or loan
I
guarantee? If "Yes," give details as described in the preceding
question.
640.00 I
question.
OGJOO
DGJDD
I g. Are you obligated to pay alimony, child support, or separate
.;.:.k;..'
Other Credits
I.I. Other
Credits (explain)
(explain)
Borrower Paid Fees
Title
Ti tle Company Credit
OGJOO
DGJDD
DGJDD
OwOO
OGJOO
------------------------------------ DGJDD
I ;;:i;;-y;i"u-;u.S:-cTtii;n?----------------------OGJOO
DCiJDD
I
!
145.00 I
145.00
maintenance?
0.00 h. Is any part of the down payment borrowed?
0.00
I I.
j.j.
Are you a co-maker or endorser on a note?
aBBB
E1BBB
Are you a U.S. citizen?
k. Are you a permanent resident alien?
-------------------------+------------~ I. Do )'ou Intend to occupy the property as your primary
-m-.-L-o-an-a-m-o-un-t----------t---------i
m. Loan amount
l
reSidence? If
If "Yes."
"Yes," complete
(exclude
PMI, MIP,
MIP, Funding
Funding Fee
Fee financed)
financed)
I
reSidence?
complete question
question m
m below.
below.
(exclude PMI,
3 .::
4.!.,..:4.::0.::0;.:•..:0;.:0'-j1 m. Have you had an ownership interest in a property in the last
5..:
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
t
-_
_
_
.::
------------------f----=::"'O'~..;;..;;..;..;~ m. Have you had an ownership interest in a property in the last
n. PMI, MIP, Funding Fee financed
00 I
three years?
....,I-______=.='-j
(1)
did you
you own
own -- -- principal
principal residence
residence
(1) What
What type
type of
of property
property did
PR
.;;.0,• ..:;;L;.;;o.::a;.;.n..:;;a;;.;m.;.;o..:;;u.;.;n.;..t,.;(a;.:d.::d..;m;.;..::&:..;n"'-_ _ _ _ _
.:3"'5c.::4J.;4"'O:.:O:.:..O:.;O";1
(PR), second home (SH), or investment property (IP)?
.
(2) How did you hold title to the home - - solely by yourself (S).
SP
p.
Cash
from
Ito
Borrower
p. Cash from/to Borrower
-9,015.33
jointly with your spouse (SP), or jointly with another person ~~----.
I
O?
=..:...:.=..:.::.;.;..:..;;..:;c==..:...:.====___
-+____
GJOOO
GJDDD
°
-----_.
-----_. -----_.
I
Each of the undersigned specifically represents
reprasents to Lender and to Lender's actual or potential agents, brokers, processors, attorneys, insurers, sarvicers, successors and assigns and agrees and
acknowledges that: (1) the information provided in this application Is true and correct as of the date set forth opposite my signature and that any intentional or negligent misrepresentation of this
resutt in Civil
civil liability, including monetary damages, to any person who may suffer any loss due to reliance upon any misrepresentation
misrapresentation that I have made on
information contained in this application may result
this application, andlor
and/or in criminal penalties including, but not limited to, fine or Imprisonment or both under the provisions of Titie
Tille 18, United States Code, Sec. 1001, et seq.; (2) the loan requested
pursuant to this application (the "Loan") Will be secured by a mortgage or deed of trust on the property described in this application; (3) the
tha property will not be used for any illegal or prohibited purpose
or use; (4) all statements made in this application are made
mada for the purposa
purpose of obtaining a residenllal
residential mortgage loan; (5) the property will be occupied as indicated in this application; (6) the Lender, its
servicers, successors or assigns may retain the original andlor
and/or an electronic record of this application, whether or not the Loan is approved; (7) the Lender and its agents, brokers, Insurers, servicers.
servicers,
and/or supplement the information provided in this applicallon
successors, and assigns may continuously rely on the information contained in the application,
application. and I am obligated to amend andlor
application if any of the
material facts that I have represented herein should change prior to closing of the Loan; (8) in the avent
bacome delinquent,
delinquant, the Lender, its servicers, successors or
event that my payments on the Loan become
assigns may, in addition to any other rights and remedies that it may have relating to such delinquency, report my name and account information to one or more consumer reporting agencies; (9)
ownership of the Loan andlor
and/or administration of the Loan account may be transferrad
transferred with such notice as may be required by law; (10) neither Lender nor its agents, brokers, Insurers, servicers,
servicers.
successors or assigns has made any representation or warranty, express or implied, to me regarding the property or the condition or value of the property; and (11) my transmission of this application as
defined in applicable federal andlor
an "electroniC record"
racord" containing my "electronic
"alectronlc Signature," as those terms are dafined
and/or state laws (excluding audio and video recordings), or my facsimile transmiSSion of this
effective. enforceable and valid as if a paper varsion
version of this application were delivered containing my original written signature.
ba as effective,
application containing a facsimile of my signature, shall be
undarsigned hereby acknowledges that any owner of the Loan, its servicers, successors and aSSigns, may verify or reverify any information contained in this application
Acknowledgement. Each of the undersigned
~~~~~~.:.
or obtain any informa' n or data relating to the Loan, for any legitimate business purpose through any source, including a source named in this application or a consumer reporting agency.
Date
I Co-Borrower's Signature
Ix
I
I
Tha following Information is requested by the Federal Government for certain types of loans related to a dwelling in order to monitor the Ilender's compliance with equal credit opportunity, fair housing
the basis of this
and home mortgage disclosure laws. You are not required to furnish this Information, but are encouraged to do so. The law provides that a lender may not discriminate either
eijher on Ihe
ethnlclty and race. For race,
II. If you furnish the information, please provide both elhnlclty
raca, you may check more than one designation. If you do not furnish
information, or on whether you choose to furnish It.
ethnicity, race, or sex, under Federal regulations, this lender is required to note the Information on the basiS of visual observation and surname if you have made this ar.Plication In person. If you do not
~ti~~i~~~~
~~fSeh the
~~e$i~~O:::;~t~~~,e~I:~~:~~~I~~lr~:
bl:I~~~r(~e~~~~I~~s\Or~~i~wt~~~n:~~~:t~~~r~alht~
wish to furnish
information, please check the 'b~~s
box below.
(Lender must review the above material to ~~~i~r:ft~~~Ut~~
assure that the o:i~~r~:~~e~
disclosures ~~1i:f~r~n~:qi~ir~~:~t~et:!~rc~hl~ear~~::\~n
satisfy all requirements to which the ender Is s~bfee:ts~~d~r
subject under Ya~Upl~ga~r~
applicable
state law for the particular type of loan applied for.)
-----------------------------------------------r,--------------------------------------------0
0
-----------------------------------------------r,--------------------------------------------[i]
0
0 A~:~I;a~a\?~~an 0
0 ~~:~I;a~at?~Jan 0
0 Af~i~a~rAmerican
0 Af~i~a~~merican
o
[i]
0
0
__
____
______________ _
________________ -h _____________
BORROWER
I do not wish to furnish this information.
CO-BORROWER
I CO·BORROWER
I do not wish to furnish this information.
Ethnlclty:
His anic or Latino
Not His anlc or Latino
I Ethnlclty:
His anic or Latino
Not His anic or Latino
Race:
or
Native Hawaiian or
Asian
I Race:
I
or
Native Hawaiian or
Asian
-------------2lli~f~~~~~~--
0
Sex:
~1L
[i] Male
Female
Femala
0
I Sex:
2lli~f~~~~~~
Female
0
~1L
Male
TObeComPl9tedby~~rView~I~~~~w~~Nam;~rintor~~)-------L--------INa~-~dAddressOt'~~Viewe~-Emp~y~-----------
6o ~:~~-to-face
This application was taken by:
interview
Telephone
0
I
I
hvJ.,g.!:.<l.rJ..!_~ILIll2~I!..~
hvJ..£.!:.<l.rJ..!_~ILIll2~I!.~______________________ 1
1 First
h:::~~e~~:i~~~U~~
___________________
Residential Mortgage Services
::~:e:a:::~:9~v: :~~;~
~~~! ::~:e:a:::~:g
1320
I Interviewer's Phone Number (incl. area code)
I
1 1
1301-588-4270
I
Internet
--------------------~-----------------------------------~-----------------------------------~
7/05
Freddie Mac Form 65 7/05
~21 N (0507)
~
Page 3 of 4
Fannie Mae Form 10037/05
10037/05
Excelente Settlements - Produced 01/29/2010
ES Page 91 of 356
Case 10-00101
Doc 6-5
Filed 03/23/10
PLAINTIFFS' EXHIBIT E
Use this continuation sheet If
you need more space to
complete the Residential Loan
Application. Mark B for
Borrower or C for Co-Borrower.
Page 4 of 4
Placido Salazar
r:
0001300
06MD-0000001300
*************************************ADDITIONAL LIABILITIES INFORMATION******************************************
Payment
in Total
Salance
Balance
In Total
Payoff
Required
Payment
Months
Left
Unpaid
Salance
Balance
CHASE
Revolving
Acct#:5490922309012319
N
N
Y
$29.00
42
$1,208.00
Y
Y
N
$45.00
21
$909.00
Y
Y
N
$10.00
55
$542.00
Y
Y
N
$51.00
10
$505.00
Y
Y
N
$15.00
24
$357.00
Y
Y
N
$6.00
35
$210.00
aSBC NV
Revolving
Acct#:975028081704
aSBC/BSBUY
aSBC/SSBUY
Revolving
Acct#:169601-0149955030
GEMB/EXXONM08IL
Revolving
Acct#:730285772107
GEMB/JCP
Revolving
Acct#:517805250234
MCYDSNB
Revolving
Acct#:4225531101220
I/We fully understand that it is a Federal crime punishable by fine or imprisonment, or both, to knowingly make any false statements concerning any of the above facts
as applic Ie under the provisions of Title 18, United States Code, Section 1001, et seq.
Date
flt ~rOCQ
fli
~roCQ
Freddie Mac Form 65 7105
Fannie Mae Form 1003 7105
cD-21N (0507)
?!>
Co-Borrower's Signature:
X
Page 4 of 4
Date
Excelente Settlements - Produced 01/29/2010
ES Page 79 of 356
Case 10-00101
Doc 6-6
Filed 03/23/10
PLAINTIFFS' EXHIBIT F
Page 1 of 4
NOTICE OF RIGHT TO CANCEL
Loan Number: 06MD- 00000013 00
Borrowers: Placido Salazar,
Maria N.
Property Address: 604 Eldrid Drive,
Salazar
Silver Spring,
Maryland 20904
YOUR RIGHT TO CANCEL
You are entering into a transaction that will result in a mortgage, lien or security interest on or in your home. You have
a legal right under federal law to cancel this transaction, without cost, within three business days from whichever of the
following events occurs last:
1. the date of the transaction, which is OCTOBER 27, 2 006
2. the date you receive your Truth in Lending disclosures; or
3. the date you receive this notice of your right to cancel.
; or
If you cancel the transaction, the mortgage, lien or security interest is also cancelled. Within 20 calendar days after we
receive your notice, we must take the steps necessary to reflect the fact that the mortgage, lien or security interest on or in
your home has been cancelled, and we must return to you any money or property you have given to us or to anyone else
in connection with this transaction.
You may keep any money or property we have given you until we have done the things mentioned above, but you must then
offer to return the money or property. If it is impractical or unfair for you to return the property, you must offer its
reasonable value. You may offer to return the property at your home or at the location of the property. Money must be
returned to the address below. If we do not take possession of the money or property within 20 calendar days of your offer,
you may keep it without further obligation.
HOW TO CANCEL
If you decide to cancel this transaction, you may do so by notifying us in writing, at
FIRST RESIDENTIAL MORTGAGE SERVICES CORPORATION
570 SYLVAN AVENUE
ENGLEWOOD CLIFFS, NEW JERSEY 07632
You may use any written statement that is signed and dated by you and states your intention to cancel, or you may use this
notice by dating and signing below. Keep one copy of this notice because it contains important information about your
rights.
If you cancel by mail or telegram, you must send the notice no later than midnight of NOVEMBER 27, 2006
(or midnight of the third business day following the latest of the three events listed above). If you send or deliver your
written notice to cancel sQme other way, it must be delivered to the above address no later than that time.
I WISH TO CANCEL.
Consumer's Signature
Placido Salazar
Date
ACKNOWLEDGMENT OF RECEIPT
EACH OF THE UNDERSIGNED HEREBY ACKNOWLEDGES THE RECEIPT OF TWO (2) COMPLETED COPIES OF
THIS NOTICE OF RIGHT TO CANCEL.
~~/ 1.U.lJ)(O~
NOTICE OF RIGHT TO CANCEURESCISSION MODEL FORM H-8 (GENERAL)
03/17106
DocMagic~ 8()()'649-1362
www.docmagic.com
Excelente Settlements - Produced 01/29/2010
ES Page 80 of 356
Case 10-00101
Doc 6-6
Filed 03/23/10
PLAINTIFFS' EXHIBIT F
Page 2 of 4
•
NOTICE OF RIGHT TO CANCEL
Loan Number: 06MD-0000001300
Borrowers: Placido Salazar,
Maria N.
PropertyAddress:604 Eldrid Drive,
Salazar
Silver Spring,
Maryland 20904
YOUR RIGHT TO CANCEL
You are entering into a transaction that will result in a mortgage, lien or security interest on or in your home. You have
a legal right under federal law to cancel this transaction, without cost, within three business days from whichever of the
following events occurs last:
1. the date of the transaction, which is OCTOBER 27, 2006
2. the date you receive your Truth in Lending disclosures; or
3. the date you receive this notice of your right to cancel.
; or
If you cancel the transaction, the mortgage, lien or security interest is also cancelled. Within 20 calendar days after we
receive your notice, we must take the steps necessary to reflect the fact that the mortgage, lien or security interest on or in
your home has been cancelled, and we must return to you any money or property you have given to us or to anyone else
in connection with this transaction.
You may keep any money or property we have given you until we have done the things mentioned above, but you must then
offer to return the money or property. If it is impractical or unfair for you to return the property, you must offer its
reasonable value. You may offer to return the property at your home or at the location of the property. Money must be
returned to the address below. If we do not take possession of the money or property within 20 calendar days of your offer,
you may keep it without further obligation.
HOW TO CANCEL
If you decide to cancel this transaction, you may do so by notifying us in writing, at
FIRST RESIDENTIAL MORTGAGE SERVICES CORPORATION
570 SYLVAN AVENUE
ENGLEWOOD CLIFFS, NEW JERSEY 07632
You may use any written statement that is signed and dated by you and states your intention to cancel, or you may use this
notice by dating and signing below. Keep one copy of this notice because it contains important information about your
rights.
If you cancel by mail or telegram, you must send the notice no later than midnight of NOVEMBER 27, 2006
(or midnight of the third business day following the latest of the three events listed above). If you send or deliver your
written notice to cancel some other way, it must be delivered to the above address no later than that time.
I WISH TO CANCEL.
Consumer's Signature
Maria N. Salazar
Date
ACKNOWLEDGMENT OF RECEIPT
EACH OF THE UNDERSIGNED HEREBY ACKNOWLEDGES THE RECEIPT OF TWO (2) COMPLETED COPIES OF
THIS NOTICE OF RIGHT TO CANCEL.
NOTICE OF RIGHT TO CANCEL/RESCISSION MODEL FORM H·8 (GENERAL)
03/17/06
DocMagic ~ 800-649·1362
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Excelente Settlements - Produced 01/29/2010
ES Page 81 of 356
Case 10-00101
Doc 6-6
Filed 03/23/10
PLAINTIFFS' EXHIBIT F
Page 3 of 4
NOTICE OF RIGHT TO CANCEL
Loan Number: 06MD-0000001300
Borrowers: Placido Salazar, Maria N. Salazar
PropertyAddress:604 Eldrid Drive,
Silver Spring, Maryland 20904
YOUR RIGHT TO CANCEL
You are entering into a transaction that will result in a mortgage, lien or security interest on or in your home. You have
a legal right under federal law to cancel this transaction, without cost, within three business days from whichever of the
following events occurs last:
1. the date of the transaction, which is OCTOBER 27, 2006
2. the date you receive your Truth in Lending disclosures; or
3. the date you receive this notice of your right to cancel.
; or
If you cancel the transaction, the mortgage, lien or security interest is also cancelled. Within 20 calendar days after we
receive your notice, we must take the steps necessary to reflect the fact that the mortgage, lien or security interest on or in
your home has been cancelled, and we must return to you any money or property you have given to us or to anyone else
in connection with this transaction.
You may keep any money or property we have given you until we have done the things mentioned above, but you must then
offer to return the money or property. If it is impractical or unfair for you to return the property, you must offer its
reasonable value. You may offer to return the property at your home or at the location of the property. Money must be
returned to the address below. If we do not take possession of the money or property within 20 calendar days of your offer,
you may keep it without further obligation.
HOW TO CANCEL
If you decide to cancel this transaction, you may do so by notifying us in writing, at
FIRST RESIDENTIAL MORTGAGE SERVICES CORPORATION
570 SYLVAN AVENUE
ENGLEWOOD CLIFFS, NEW JERSEY 07632
You may use any written statement that is signed and dated by you and states your intention to cancel, or you may use this
notice by dating and signing below. Keep one copy of this notice because it contains important information about your
rights.
If you cancel by mail or telegram, you must send the notice no later than midnight of NOVEMBER 27, 2006
(or midnight of the third business day following the latest of the three events listed above). If you send or deliver your
written notice to cancel some other way, it must be delivered to the above address no later than that time.
I WISH TO CANCEL.
Consumer's Signature
Placido Salazar
Date
ACKNOWLEDGMENT OF RECEIPT
EACH OF THE UNDERSIGNED HEREBY ACKNOWLEDGES THE RECEIPT OF TWO (2) COMPLETED COPIES OF
THIS NOTICE OF RIGHT TO CANCEL.
[{ {m{ DC{
Date
NOTICE OF RIGHT TO CANCEL/RESCISSION MODEL FORM H·B (GENERAL)
03/17/06
DocMagic ~ 800·649·1362
www.docmagic.com
Excelente Settlements - Produced 01/29/2010
ES Page 82 of 356
Case 10-00101
Doc 6-6
Filed 03/23/10
PLAINTIFFS' EXHIBIT F
Page 4 of 4
NOTICE OF RIGHT TO CANCEL
Loan Number: 06MD-0000001300
Borrowers: Placido Salazar,
Maria N.
PropertyAddress:604 Eldrid Drive,
Salazar
Silver Spring,
Maryland 20904
YOUR RIGHT TO CANCEL
You are entering into a transaction that will result in a mortgage, lien or security interest on or in your home. You have
a legal right under federal law to cancel this transaction, without cost, within three business days from whichever of the
following events occurs last:
1. the date of the transaction, which is OCTOBER 27, 2006
2. the date you receive your Truth in Lending disclosures; or
3. the date you receive this notice of your right to cancel.
; or
If you cancel the transaction, the mortgage, lien or security interest is also cancelled. Within 20 calendar days after we
receive your notice, we must take the steps necessary to reflect the fact that the mortgage, lien or security interest on or in
your home has been cancelled, and we must return to you any money or property you have given to us or to anyone else
in connection with this transaction.
You may keep any money or property we have given you until we have done the things mentioned above, but you must then
offer to return the money or property. If it is impractical or unfair for you to return the property, you must offer its
reasonable value. You may offer to return the property at your home or at the location of the property. Money must be
returned to the address below. If we do not take possession of the money or property within 20 calendar days of your offer,
you may keep it without further obligation.
HOW TO CANCEL
If you decide to cancel this transaction, you may do so by notifying us in writing, at
FIRST RESIDENTIAL MORTGAGE SERVICES CORPORATION
570 SYLVAN AVENUE
ENGLEWOOD CLIFFS, NEW JERSEY 07632
You may use any written statement that is signed and dated by you and states your intention to cancel, or you may use this
notice by dating and signing below. Keep one copy of this notice because it contains important information about your
rights.
If you cancel by mail or telegram, you must send the notice no later than midnight of NOVEMBER 27, 2006
(or midnight of the third business day following the latest of the three events listed above). If you send or deliver your
written notice to cancel some other way, it must be delivered to the above address no later than that time.
I WISH TO CANCEL.
Consumer's Signature
Maria N. Salazar
Date
ACKNOWLEDGMENT OF RECEIPT
EACH OF THE UNDERSIGNED HEREBY ACKNOWLEDGES THE RECEIPT OF TWO (2) COMPLETED COPIES OF
THIS NOTICE OF RIGHT TO CANCEL.
tt{JJl( O~
Date
NOTICE OF RIGHT TO CANCEL/RESCISSION MODEL FORM H-8 (GENERAL)
03/17/06
DocMagic ~
800-649-1362
www.docmagic.com
Excelente Settlements - Produced 01/29/2010
ES Page 83 of 356
Case 10-00101
Doc 6-7
Filed 03/23/10
PLAINTIFFS' EXHIBIT G
Page 1 of 3
TRUTH-IN-LENDING DISCLOSURE STATEMENT
(THIS IS NEITHER A CONTRACT NOR A COMMITMENT TO LEND)
LENDER OR LENDER'S AGENT:
0
First Residential Mortgage Services Corporation
Preliminary
W Final
8757 Georgia Ave. Suite 1320 Silver Spring, MARYLAND 20910 DATE: 11/20/2006
LOAN NO.: 06MD-0000001300
BORROWERS: Placido Salazar
Type of Loan: Conven tional
Maria N. Salazar
07 FIXIO
Interest Only
7.750%
ADDRESS: 604 Eldrid Drive
CITY/STATE/ZIP: Silver Spring, MD 20904
PROPERTY: 604 Eldrid Drive, Woodlawn Terrace, MARYLAND 20904
AN
RATE
FINANCE CHARGE
The cost of your credit as a
yearly rate.
The dollar amount the
credit will cost you.
Amount Financed
Total of Payments
The amount of credit
provided to you or
The amount you will have paid
after you have made all
payments as scheduled.
on your behalf.
CXJ This loan does not have a Demand Feature.
DEMAND FEATURE:
This loan has a Demand Feature as follows:
Index value: 0.000%
Lock date: 11/13/2006
o
VARIABLE RATE FEATURE:
This Loan has a Variable Rate Feature. Variable Rate Disclosures have been provided to you earlier.
SECURITY:
You are giving a security interest in the property located at:
ASSUMPTION:
Someone buying this property
604 Eldrid Drive, Woodlawn Terrace, MARYLAND
cannot assume the remaining balance due under original mortgage terms
[XJ may assume, subject to lender's conditions, the remaining balance due under original mortgage terms.
FILING I RECORDING FEES:
100.00
$
PROPERTY INSURANCE:
with a mortgagee clause to the lender
Property hazard insurance in the amount of $
590.00
is a required condition of this loan. Borrower may purchase this insurance from any insurance company acceptable to the lender.
Hazard insurance
0
is
[i] is not available through the lender at an estimated cost of
late, a late charge of
$0.00
5 •
0 • 00
for a
year term.
paymen t
will be assessed.
PREPAYMENT:
Dmay
Dmay
If you payoff your loan early, you
[i] will not
[i] will not
have to pay a penalty.
be entitled to a refund of part of the finance charge.
See your contract documents for any additional information regarding non-payment, default, required repayment in full before scheduled date,
and prepayment refunds and penalties.
e means estimate
I/We
/
a complete copy of this disclosure.
')
n
Ilfao(o~~, ;\01
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CZr
A_-.BORROWE~ATE
BORROWE~ATE
BORROWE~ATE
06MD-0000001300
~ -T88
~
(0412).02
0:[:02006 CBF Systems, tnc.
VMP Mortgage Solutions. Inc. (800)521·7291
The contents of this form in whole or In part are protected under the copyright laws of the United States.
Page 1 of 2
12/04
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ES Page 84 of 356
Case 10-00101
Doc 6-7
Filed 03/23/10
PLAINTIFFS' EXHIBIT G
Page 2 of 3
DEFINITION OF TRUTH-IN-LENDING TERMS
ANNUAL PERCENTAGE RATE
This is not the Note rate for which the borrower applied. The Annual Percentage Rate (APR) is the cost of the loan in
percentage terms taking into account various loan charges of which interest is only one such charge. Other charges which are
used in calculation of the Annual Percentage Rate are Private Mortgage Insurance or FHA Mortgage Insurance Premium (when
applicable) and Prepaid Finance Charges (loan discount, origination fees, prepaid interest and other credit costs). The APR is
calculated by spreading these charges over the life of the loan which results in a rate generally higher than the interest rate
shown on your MortgagelDeed of Trust Note. If interest was the only Finance Charge, then the interest rate and the Annual
Percentage Rate would be the same.
PREPAID FINANCE CHARGES
Prepaid Finance Charges are certain charges made in connection with the loan and which must be paid upon the close of the
loan. These charges are defined by the Federal Reserve Board in Regulation Z and the charges must be paid by the borrower.
Non-Inclusive examples of such charges are: Loan origination fee, "Points" or Discount, Private Mortgage Insurance or FHA
Mortgage Insurance, Tax Service Fee. Some loan charges are specifically excluded from the Prepaid Finance Charge such as
appraisal fees and credit report fees.
Prepaid Finance Charges are totaled and then subtracted from the Loan Amount (the face amount of the Deed ofTrustIMortgage
Note). The net figure is the Amount Financed as explained below.
FINANCE CHARGE
The amount of interest, prepaid finance charge and certain insurance premiums (if any) which the borrower will be expected to
pay over the life of the loan.
AMOUNT FINANCED
The Amount Financed is the loan amount applied for less the prepaid finance charges. Prepaid finance charges can be found on
the Good Faith Estimate/Settlement Statement (HUD-l or lA). For example if the borrower's note is for $100,000 and the
Prepaid Finance Charges total $5,000, the Amount Financed would be $95,000. The Amount Financed is the figure on which
the Annual Percentage Rate is based.
TOTAL OF PAYMENTS
This figure represents the total of all payments made toward principal, interest and mortgage insurance (if applicable).
PAYMENT SCHEDULE
The dollar figures in the Payment Schedule represent principal, interest, plus Private Mortgage Insurance (if applicable). These
figures will not reflect taxes and insurance escrows or any temporary buydown payments contributed by the seller.
06MD-0000001300
C!IIIt ·788
...:
Initials:
(0412).02
H V'll S
Page 2 of 2
PSG
Excelente Settlements - Produced 01/29/2010
ES Page 85 of 356
Case 10-00101
Doc 6-7
Filed 03/23/10
PLAINTIFFS' EXHIBIT G
e
Page 3 of 3
e
ITEMIZATION OF AMOUNT FINANCED
LENDER: First Residential Mortgage Services Corporation
DATE November 20, 2006
LOAN NO. 06MD-0000001300
TYPE 07 FIXIO
8757 Georgia Ave. Suite 1320
BORRO\VERS Placido Salazar, Maria N. Salazar
Silver Spring, MARYLAND
ADDRESS 604 Eldrid Drive
20910
CITY / STATE / ZIP Silver Spring, MD 20904
PROPERTY 604 Eldrid Drive
Silver Spring, MD 20904
ITEMIZA TION OF THE AMOUNT FINANCED
$
348,598.32
$ ___~$=3=54~,4=0~0~.=0~0_____
AMOUNT GIVEN TO YOU DIRECTLY
$ ______~$~10~,4~1~7~.=8~8_____
AMOUNT PAID ON YOUR ACCOUNT
AMOUNTS PAID TO OTHERS ON YOUR BEHALF:
PAYEE / FOR
FRMSC I Loan Amount
FRMSC I Origination Fee
Residential Appraisal Service, LLC I Appraisal Fee
Landsafe Credit, Inc I Credit Report
FRMSC I Tax Service Fee
FRMSC I Commitment Fee
FRMSC I Application Fee
Landsafe Flood Cert. I Flood Certification Fee
Excelente Settlements I Settlement or Closing fee
Excelente Settlements I Abstract or Title Search
Excelente Settlements I Title Examination
Excelente Settlements I Title Insurance Binder
Excelente Settlements I Document Preparation Fee
Excelente Settlements I Title Insurance
Excelente Settlements I Courier Fee
Recording Fees
2nd. half Taxes
Release
$ ________~$:2=28~.8~8~_____
Prepaid Interest
$354,400.00
$4,252.80
$350.00
$-27.00
$78.00
$450.00
$350.00
$12.00
$295.00
$195.00
$65.00
$50.00
$50.00
$1,002.00
$85.00
$100.00
$1,543.98
$150.00
PRE PAID FINANCE CHARGE
$228.88
ACKNOWLEDGE RECEIPT OF AMOUNT FINANCED ITEMIZATION,
SET FORTH IN THIS AMOUNT FINANCED ITEMIZATI
AND
AUTHORIZE
DIRECT
DATE
BORROWER
DATE
BORROWER
DATE
E= ESTIMATED
".768
lr..
(0411)
VMP Mortgage Solutions, Inc. (800)521·7291
11/04
Excelente Settlements - Produced 01/29/2010
Case 10-00101
Doc 6-8
Filed 03/23/10
ES Page 12 of 356
Page 1 of 4
PLAINTIFFS' EXHIBIT H
~OO'd
1V.LO.L
NOTICE OF RIGHT TO CANCEL
Loan Number: 06MD-0000001300
Bonowem: Placido Salazar, Maria N. Salazar
P.ro~ttyA~s:604
Eldrid Drive, Silver Spring, Maryland 20904
YOUR RIGHT TO CANCEL
You are entering into a transaction that will result in a mortgage. lien or security interest on or in your home. You have
a legal right under federal law to cancel this transaction, without cost. within three business days from whichever of the
following events occurs last:
1. the date of the tnmsltction. which is NOVEMBER 2 0,
2. the date you receive your Truth in Lending disClosures; or
3. the date you receive this notiee of your right to cancel.
2006
; or
If you cancel the transaction. the mortgage, lien or security interest is also ~lled. Within 20 calendar days after we
receive your notice, we must take the steps necessary to reflect the fact that the mortgage. lien or security interest on or in
your home has been cancelled. and we must return to you any money or p~ you have given to us or to anyone else
in connection with this transaction.
You may keep any money or property we have given you until we have done the things mentioned abOve, but you must then
offer to return the money or property. If it is impractical or unfair tOr you to return the property. you must offer its
reasonable value. You may offer to return the property at your home or at the location of the propertY. Money must be
returned to the address below. If we do not take possession of the money or property within 20 calendar days of your offer,
.
you may keep it without further obligation.
HOW TO CANCEL
If you decide to cancel this transaction, you Jll;ly do so by notifying us in writing, at
FIRST RESIDENTIAL MORTGAGE SERVICES CORPORATION
570 SYLVAN AVENUE
ENGLEWOOD CLIFFS, NEW JERSEY 07632
You may use any written statement that is signed and dated by you and states your intention to cancel, or you may use this
notice by dating and signing below. Keep one copy of this notice because it contains important information about your
rights.
If you cancel by mail or telegram, you must send the notice no later than midnight of NOVEMBER 24, 2006
(or midnight of the third business day following the latest of the three events listed above). If you send or deliver your
written notice to cancel some other way, it must be delivered to the above address no later than that time.
I WISH TO CANCEL.
Consumer's Signature
Date
Maria N, Salazar
ACKNOWLEDGMENT OF RECEIPT
EACH OF THE UNDERSIGNED HEREBY ACKNOWLEDGES THE RECEIPT OF TWO (2) COMPLETED COPIES OF
TInS NOTICE OF RIGHT TO CANCEL.
Maria N. Salazar
Date
NOTICE OF RIGHT TO CANC~LJR~SCISSION MODEL FOAM H·8 (G~N~RAL)
03117/06
~OO'd
6Z0~889lO8
aw 1Vl.LN3aIS3H .LSHld
Z8:Ll
900Z-ZZ-AON
Excelente Settlements - Produced 01/29/2010
-,
ES Page 13 of 356
NOTICE OF RIGHT TO CANCEL
Loan Number: 06MD-0000001300
Bonow~:
Placido Salazar, Maria N. Salazar
P.ro~yAd~;604
Eldrid Drive, Silver Spring, Maryland
20904
YOUR RIGHT TO CANCEL
You are entering into a transaction that will ~t in a mortgage, lien or security interest on or in your home. You have
a legal right under federal law to cancel this transaction, without cost, within three business days from whichever of the
following events occurs last:
\. the date of the transaction, which is NOVEMBER 20, 2006
2. the date you receive your Truth in Lendinj.]; disclosures; or
3. !he date you receive this notice of your rig::tt to cancel.
; or
If you cancel the transaction. the mongage, lien or security interest is also caneeJle<l. Within 20 calendar days after we
receive your notice, we must take the steps necessary to reflect the fact that the mortgage, lien or security interest on or in
your home has been cancelled. and we must rt:t\llll to you any money or property you have given to us or to anyone else
in connection with this transaction.
You may keep any money or property we have ,~ven you until we have done the things mentioned above, but you must then
offer to return the money or property. If it iE, impractical Or unfair for you to return the property, you must offer its
ressonable value. You may offer to return the p~ at your home or at the location of the property. Money must be
returned to the address below. If we do not take: possession of the money or property within 20 calendar days of your offer.
you may keep it without further obligation.
HOW TO CANCEL
Jf you decide to cancel this transaction, you may do so by notifying us in writing, at
FIRST RESIDENTIAL MORTGAGE SERVICES CORPORATION
570 SYLVAN AVENUE
ENGLEWOOD CLIFFS, NEW JERSJ;:Y 07632
You may u.se any written statement that is signl:d and daled by you and states your intention to cancel, or you may use this
notice by dating and signing below. Keep one copy of this notice because it contains important information about your
rights.
If you cancel by mail or telegram. you must send the notice no later than midnight of NOVEMBER 24, 2006
(or midnight of the third business day following !he latest of the three events listed above). If you send or deliver your
written notice to cancel some other way, it must be delivered to the above address no IlUer than that time.
I WISH TO CANCEL.
Consumer's Signature
Date
Placido Salazar
ACKNOWLEDGMENT OF RECEIPT
EACH OF THE UNDERSIGNED HEREBY ACKNOWLEDGES THE RECEIPT OF TWO (2) COMPLETED COPIES OF
THIS NOTICE OF RIGHT iO CANCEL.
Placido Salazar
Date
NOTICE OF RIGHI TO CANCEL/RESCISSION MODEL FORM H-S (GENERAL)
03117106
PLAINTIFFS' EXHIBIT H
Filed 03/23/10
Page 2 of 4
6Z0v889~08
ow
Z8:L~
1VIlN30IS3M lSMld
Doc 6-8
800'd
Case 10-00101
900Z-ZZ-AON
Excelente Settlements - Produced 01/29/2010
ES Page 14 of 356
Case 10-00101
Doc 6-8
Filed 03/23/10
Page 3 of 4
PLAINTIFFS' EXHIBIT H
Previous editions are obsolete
A.
form HUO-1 (3/86) ref Handbook 4305.2
Settlement Statement
u.s. Department of Housing and Urban Development
B. Tvpe of Loan
OMB Aooroval No.
1. OFHA
2. OFmHA
4. OVA
5. OConv. Ins.
C. Note:
3. i1Conv. Unins.
I 6. File Number
2502-0265
I 7. Loan Number
ES062006
(expires
ADDRESS:
E. NAME OF SELLER:
FINAL
I 8. Mortgage Insurance Case Number
06MDOOOOO1300
This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown.
Items marked "(p.o.c.)" were paid outside the closing; they are shown here for information purposes and are not included in the totals.
:~~~t:~~~~~i~n~I~~~ ';. i?n~n~:':~~~rT,.~~~~~~eFS~~~~:ir;~~~~~~tl~ ni~e~ s~at~~g~ ~h~~tf~na~6001th:~ds~~~~:~T!J16enalties upon
D. NAME OF BORROWER:
9/30/2006)
I
TitleExpress Settlement System
Printed 11/22/2006 at 17:37 AR
Maria N Salazar and Placido Salazar a/k/a Placido Salazar Claros
604 Eldrid Drive Silver Spring. MD 20904
REFINANCE
ADDRESS:
First Residential Mortgage Services Corp.
570 Svlvan Avenue Englewood Cliffs NJ 07632
G. PROPERTY ADDRESS:
604 Eldrid Drive, Silver Spring, MD 20904
Woodlawn Terrace Lot 15 Block 2
H. SETTLEMENT AGENT:
Excelente Settlements, Inc., Phone: 301-838-4010 FAX: 301-548-9241
PLACE OF SETTLEMENT: 401 N. Washington Street Suite 950 Rockville MD 20850
1. SETTLEMENT DATE:
1112012006
1112712006
DISBURSEMENT DATE:
K. SUMMARY OF SELLER'S TRANSACTION:
J. SUMMARY OF BORROWER'S TRANSACTION:
100. GROSS AMOUNT DUE FROM BORROWER
400. GROSS AMOUNT DUE TO SELLER
F. NAME OF LENDER:
ADDRESS:
101.
Contract sales orice
401.
Contract sales orice
102.
Personal Prooertv
402.
Personal Prooertv
103.
Settlement charaes to borrawer (line 1400)
104
Pavoff:106764203-1
Countrywide Home Loans
105.
9 919.99
330 436.95
403.
91,174.33
405.
404.
Inc.
Pavoff Other Loans
Pavoff $82 854.33 0014482483
to:EMC Mortoaae CorDoration
Pavoff $5210.0035320167962842
to:THD CBSD
Pavoff $1 568.00603461005825
to:GEMB 1 Home Desian
Pavoff $1542.0079192421032
to:GEMB 1 Lowes
Adiustments for items oaid bv seiler in advance
Adiustments for items paid bv seiler in advance
109.
1 208.00
Pavoff to Chase
409.
110.
410.
111.
411.
112.
120.
200.
201
412.
GROSS AMOUNT DUE TO SELLER
AMOUNTS PAID BY OR ON BEHALF OF BORROWER
Dennsit
501.
Excess Deoosit (see instructions)
01" e~rnes\
monev
202.
PrinciDal amount of new loans
203.
Existina loan(s) taken sub·ect to
204.
432 739.27
420.
500.
GROSS AMOUNT DUE FROM BORROWER
354 400.00
Excelente Courtesv Credit
Excelente Settlements
502.
Settlement charaes tn seller (line 1400\
503.
Existina loan(s) taken sub·ect to
145.00
504.
87 133.30
506.
Inc.
205.
206.
REDUCTIONS IN AMOUNT DUE TO SELLER
505.
Proceeds from 2nd Trust
207.
507.
208.
508.
209.
509.
Adjustments for items unpaid bv seiler
Adiustments for items unpaid bv seiler
213
513.
214.
514.
215.
515
216.
516.
217.
517.
218.
518
219
519.
220.
300.
TOTAL PAID BY/FOR BORROWER
301.
Gross amount due from borrower (line 120)
302.
Less amounts oaid bvlfor borrower (line 220\
303.
CASH TO BORROWER
441 678.30
520.
600.
TOTAL REDUCTION AMOUNT DUE SELLER
432 739.27
441 678.30
601.
Gross amou nt due to seller (line 420)
602.
Less reduction amount due seller (line 520)
8 939.03
603.
CASH TO SELLER
CASH AT SETTLEMENT FROM OR TO BORROWER
CASH AT SETTLEMENT TO OR FROM SELLER
0.00
Excelente Settlements - Produced 01/29/2010
ES Page 15 of 356
Case 10-00101
Doc 6-8
Filed 03/23/10
Page 4 of 4
PLAINTIFFS' EXHIBIT H
form HUD-l (3/86) ref Handbook 4305.2
Previous editions are obsolete
File Number: ES062006
SETTLEMENT STATEMENT
TitlpFxnrp •• !,;pttlpmpnl !';v.lF!m P rinlF!ri 11/22/2006 "I 1 ':37 AR
PAID FROM
l. SETTLEMENT CHARGES
700. TOTAL SALES/BROKER'S COMMISSION based on orir.F! $ @ 0_000 Division of ~n~~;oo;nn (line 700) as follows:
$
In
702. $
10
701
FINAL
U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
SELLER'S
FUNDS AT
FUNDS AT
SETTLEMENT
SETTLEMENT
800, ITEMS PAYABLE IN CONNECTION WITH LOAN
1_ 200 o/c
802. Loan Discount
First Residential Mortgage Services CorD_
4 252.80
%
350.00
803. Aooraisal FF!e
tn
804. Credit Reoort
tn
Residential ADDraisals
Landsafe Credit Inc
In
First Residential Mortqaqe Services Corp.
350.00
Landsafe Flood Cert.
First Residential Mortgaae Services CorD.
to First Residential Mortqaqe Services Corp.
12.00
(P.O.C.) 50.00 Buver
-27.00
805. Lender's Insoection Fee
806.
Aoolir.alinn Fee
807. Assumotion Fee
808.
809. Flood Certification Fee
In
810. Tax Service Fee
to
811. Commitment Fee
78.00
450.00
900. ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE
901. Inlere.1 From
11/27/2006 In 12/01/2006
902. Mortoaoe Insurance Premi m fnr
to
903. Hazard Insurance Premium for
tn
4
76.2944/d"v
t1il'l:
Davs
305.18
(P.O.C.1 590.00 Buver
904.
905.
1000. RESERVES DEPOSITED WITH LENDER FOR
1002. Morioaoe Insurance
mo.
1003. Citv Prooertv Tax
mn. t1il 'I:
1004. CountvProoerivTax
2 mn.
1005. Ann,,"1 A.'F!.'mF!nl.
mo.
1009. Aoareoale Analvsis Adi".lmF!nl
In
Imn
f1i) $
Imo
f1i) $
257.34 Imo
$
Imn
f1i)
196.68
49.17/mo
4 mn. t1il 'I:
1001. Hazard Insurance
514.68
First Residential Mortqaqe Services Corp.
-98.33
1100. TITLE CHARGES
1101. Settlement or closino fee
1102. Abslr"r.1 nr lillF! .F!"rr.h
1103. Title examination
1104. Title insurance binder
1105. Document Preoaralion
to
295.00
In
195.00
Excelente Settlements Inc.
Janet Kelemen Gallerv Title Services
In Excelen te Settlements
Inc.
Inc.
to Excelente Settlements
Inc.
to Excelente Settlements
65.00
50.00
50.00
1106. Notarv Fees
1107. Attornev's fees
(includes above items No:
1108. Tille InsurancF!
\
In
First American Title Insurance Companv
1
002.00
)
!includes above items Nn:
354 400.00
1109. Lender's Policv
-
1 002.00
1110.0wnF!r'.Polir.v
1111.
1112. FedexlCourier Fee
to
Excelente Settlements, Inc.
85.00
1113.
1200. GOVERNMENT RECORDING AND TRANSFER CHARGES
. Mnrtn"n .. 'I: 40.00
1201. Recordina Fees Deed $
. Release $
1202. State Recordation Tax
Deed $
· Mortaaae $
1203. Siale Tr"n.fF!r Tax
n .... ri !Ii
· Mortoaoe $
1204, Countv Transfer Tax
DF!F!d $
· Mortoaoe $
1205. 2nd half orooertv taxes
to
Montaomerv County
60.00
Maryland
100.00
1.543.98
1300. ADDITIONAL SETTLEMENT CHARGES
1301. Survev
1302. Pest Insoection
1303.
1304. Release PreoarationlTrar.kino
In
1305 DocumF!nllm""inn
In
Excelente Settlements
Excelente Settlements
Inc.
Inc.
150.00
1306.
1307.
1308.
1400. TOTAL SETTLEMENT CHARGES
(enter on lin". 103 Seclion J and 502 Section K)
PAID FROM
BORROWER'S
703, Cnmmi .. inn n"iri "I !';F!ttlF!mpnl
801. Loan Orioination Fee
PAGE 2
9 919.99
Case 10-00101 Doc 6-9 Filed 03/23/10 Page 1 of 2
Case 1:05-cv-01428-WDQ Document 66-5 Filed 03/07/06 Page 11 of 14
PLAINTIFFS' EXHIBIT I
MIA's "Best Price" Rule
Historical Position
The MIA believes that consumers are entitled to receive the Best Price insurance premium for
which they qualify.
The "Best Price" rule states
An individual insurer or insurance group consisting of multiple insurers must always place a
consumer in the most favorably priced (least expensive) insurer / tier for which the consumer
qualifies.
Exception to the "Best Price" rule
Insurance groups / individual insurers that utilize different distribution systems are permitted to
exclude consumers from eligibility within those insurers / tiers that represent distribution
systems for which the consumer does not qualify. However, the consumer must always be
given the Best Price within the distribution system for which they qualify. Examples of different
distribution systems would include: affinity groups vs. general public or direct writers vs.
independent agents.
Statutory Authority
The MIA's Best Price rule stems from the authority granted under §27-501 and §27-212.
Questions & Answers
1.
Does Agent Enforcement, Consumer Complainants, Market Conduct and Rates &
Forms treat this issue similarly?
Yes, each unit consistently and uniformly enforces the MIA's Best Price rule.
2.
Is an insurance group that consists of multiple insurers legally required to appoint
every agent to every insurer within the group?
There is no law requiring a group to appoint every agent with every insurer within the
group. However, if it is determined that a non-appointed agent did not provide the
group's Best Price to an applicant / policyholder, the MIA may initiate an enforcement
action against the group. Therefore, the MIA recommends that every agent be
appointed by every insurer within the group for that distribution system for which the
agent is eligible.
3.
Is it a violation of law for an insurance group to place an applicant in the most
favorable insurer if the agent submitting the application is not appointed with the
most favorable insurer?
11
Case 10-00101 Doc 6-9 Filed 03/23/10 Page 2 of 2
Case 1:05-cv-01428-WDQ Document 66-5 Filed 03/07/06 Page 12 of 14
PLAINTIFFS' EXHIBIT I
Yes, such an action would violate the law. However, if the group does not place the
applicant in the most favorably priced insurer, the group is violating the MIA's Best Price rule
and is subject to an enforcement action.
4.
What is the MIA's position when an insurance group I individual insurer
purchases an existing book of business from another insurer that is withdrawing
from that line of insurance?
The withdrawing insurer must send notice of non-renewal to policyholders pursuant to its
approved withdrawal plan and, at the first policy renewal with the new insurer, each policyholder
must be reunderwritten in accordance with the MIA's Best Price rule.
5.
What is the MIA's position when an insurance group I individual insurer
purchases an existing book of business from another insurer that is not
withdrawing from that line of insurance?
In those cases where the insurer being purchased is not officially withdrawing from a line
of business, the insurer purchasing the existing book of business is actually only acquiring the
right to solicit renewals. Policyholders may not be forced to leave their current insurer if they
elect not to do so. Each policyholder being solicited in the new insurer must be reunderwritten
in accordance with the MIA's Best Price rule.
6.
What is the MIA's position when an insurance group I individual insurer
purchases another insurer?
Within a reasonable period after the purchase is finalized (subject to negotiation with the
MIA). the new group must begin reunderwriting current policyholders and underwriting new
applicants in accordance with the MIA's Best Price rule.
7.
How often must an insurance group I individual insurer reunderwrite their
policyholders to ensure compliance with the MIA's Best Price rule?
Every policyholder must be reunderwritten in accordance with the insurer's renewal
underwriting program.'
• Edition Date - 11/28/00
12
Case 10-00101
Doc 6-10
Filed 03/23/10
I
Page 1 of 14
PLAINTIFFS' EXHIBIT J
First American
American Title
Title Insurance
Insurance
First
Company
Company
The World
World Trade
Trade Center
Center -- Baltimore
Baltimore
The
401 East
East Pratt
Pratt Street,
Street, Suite
Suite 323
323
401
Baltimore, MD
MD 21202
21202
Baltimore,
(410) 783-0400
783-0400
(410)
(800) 445-6024
445-6024
(800)
(410) 783-2932
783-2932 FAX
FAX
(410)
Case 10-00101
Doc 6-10
TITLE INSURANCE RATES
FOR THE STATE OF MARYLAND
The rates herein quoted are for title
insurance only and do NOT include charges for
searches, abstracts, attorney's fees, escrow or
closing service performed and charged for by local
attorneys. The rates quoted herein exclude extra
hazardous risk.
All premiums quoted are net to the
Company and the Company reserves the right to
reject any application not satisfactory to it.
Attorneys approved by the Company for use
by applicants and whose opinions it accepts do not
represent the Company and are not its agents for
any purpose. No attorneys' fees, or other charges
incurred in the preparation of the title insurance
are borne by the Company unless expressly
ordered by it. Further detailed information will be
given on request. For situations not covered
herein, please contact our office.
NOTE: To compute any insurance premium
on a fractional thousand of Insurance (except as to
minimum premium), multiply such fractional
thousand by the rate per thousand applicable,
considering any fraction of $1,000 as a full $1,000.
Filed 03/23/10
Page 2 of 14
PLAINTIFFS' EXHIBIT J
INDEX
Commitment (Binder For
Title Insurance...............................
1
Original Title Insurance Rates
For Owner's Or Leasehold
Insurance.......................................
2
Original Title Insurance Rates
For "First Mortgages" ...................
3
Title Insurance Rates For
Second Mortgages... ... ..................
4
Simultaneous Issue Rate...................
5
Owner's Or Leasehold
Reissue Rates................................
5
"First Mortgages" Reissue Rates.....
7
Title Insurance Rates For
Substitution Loans........................
10
County Court House Phone Numbers
11
ALTA Rate Schedules .........................
12
Eagle Rate Schedules ..... ...................
45
Case 10-00101
Doc 6-10
COMMITMENT (BINDER) FOR
TITLE INSURANCE
A title insurance commitment (binder) is
issued to show the liens, defects, and objections to the title to be paid or removed before
a policy can be issued, and the exceptions, if
any, which will appear in the policy when
issued. It is also a binding obligation of the
Company to issue its policy when the
requirements of the commitment (binder)
have been satisfied.
A temporary construction loan commitment
(binder) may be issued to cover the mortgagee's
financing of construction secured by a temporary
deed of trust, good for a period of up to 24 months,
at the rate of $1.00 per $1,000.00 of liability
written. If the policy committed for under the
commitment (binder) is requested, the premium
will be at the applicable mortgagee rates, and the
premium charge for the commitment (binder) may
be credited to the cost of the policy.
1
Filed 03/23/10
Page 3 of 14
PLAINTIFFS' EXHIBIT J
ORIGINAL TITLE INSURANCE
RATES FOR OWNER'S OR
LEASEHOLD
An owner's policy, insuring the fee simple
estate, cannot be issued for less than the sales
price of the property or, in the event there is no
sale, for less than the full reasonable value of the
premises. An owner's policy, insuring a leasehold
estate, cannot be issued for less than the
reasonable value of said leasehold estate, which
value shall be arrived at by negotiation with the
insured.
The premium charge for original owner's or
leasehold insurance shall be:
Per Thousand
Up to $250,000 of liability written......................
$3.50
Over $250,000 and up to $500,000, add............
3.00
Over $500,000 and up to $1,000,000, add.........
2.50
Over $1,000,000 and up to $5,000,000, add......
2.00
Over $5,000,000, add...........................................
1.50
Minimum premium..............................................
140.00
2
Case 10-00101
Doc 6-10
ORIGINAL TITLE INSURANCE
RATES FOR "FIRST MORTGAGES"
Filed 03/23/10
Page 4 of 14
PLAINTIFFS' EXHIBIT J
The premium charge for original first
mortgagee title insurance shall be:
Per Thousand
(The word "Mortgages" shall be construed to
mean any instrument commonly used in any given
jurisdiction to secure a loan on real estate.)
A first mortgage policy cannot be issued for
an amount less than the full principal debt. A
policy can, however, be issued for an amount up
to 125% of the principal debt to reimburse for
interest, foreclosure costs, etc.
Mortgagee insurance expires with the
payment or the satisfaction of the mortgage
described in the policy, except when satisfied by
foreclosure or other lawful means of acquiring title
in settlement of the mortgage debt. A new
mortgage given to renew an old mortgage debt
which was originally covered by insurance is a
new transaction, creating a new liability, and if
insured, carries the original mortgagee insurance
rate, unless it comes within the classifications of
"Re-issue Title Insurance Rates for First
Mortgages" or "Title Insurance Rates for
Substitution Loans."
3
Up to $250,000 of liability written ..................... .
$2.50
Over $250,000 and up to $500,000, add .......... ..
2.00
Over $500,000 and up to $1,000,000, add ........ .
1.75
Over $1,000,000 and up to $5,000,000, add ..... .
1.50
Over $5,000,000, add ......................................... ..
1.00
Minimum premium ............................................. .
100.00
TITLE INSURANCE RATES
FOR SECOND MORTGAGES
The rate for title insurance on second
mortgage transactions will be the same as on the
first mortgage transactions.
4
Case 10-00101
Doc 6-10
SIMULTANEOUS ISSUE RATE
When one or more mortgagee policies are
issued simultaneously with an owner's policy, the
so
rate
for the
mortgagee policy(ies)
simultaneously issued is $25.00 (each) for the
amount of insurance not in excess of the owner's
policy. When additional coverage is needed for
the mortgagee policy(ies), the premium shall be
computed at the original mortgagee title insurance
rates under the applicable bracket. Policies
simultaneously issued must cover identical land.
OWNER'S OR LEASEHOLD
REISSUE RATES
A reissue rate for an owner's title insurance
policy is applicable if any of the following apply:
(a)
A purchaser or lessee or real estate
from one whose title thereto has been insured
within ten (10) years prior to the application for a
new policy, shall be entitled to the reissue rate for
owner's insurance in an amount up to the face
amount of such former policy.
5
Filed 03/23/10
Page 5 of 14
PLAINTIFFS' EXHIBIT J
(b)
When acreage is platted into smaller
subdivisions and covered by one blanket policy as
of the approximate date of filing such subdivision
plat, the subdivider, his successors or assigns, will
be allowed the owner's reissue rate on parcels
sold out of such subdivision within ten (10) years
from the date of the blanket policy or until the
aggregate of the policies issued on such parcels
equals the face amount of the original blanket
policy. Thereafter, additional blanket insurance
should be purchased or subsequent policies will
be charged for at original rates.
(c)
Where a mortgagee policy is
outstanding and an owner's policy on the same
property is ordered subsequently, the owner's
policy will be entitled to the reissue rate to the
amount of the mortgagee policy.
The reissue rates, when applicable as
outlined above (see sections (a), (b) and (c)
above) shall be 60% of the published rates in force
for original insurance.
The ten year age limit on the prior policy
referred to in paragraphs (a) and (b) does not
apply to commercial transaCtions.
6
Case 10-00101
Doc 6-10
Reissue rates apply up to the face amount
of the previous policy. If more insurance is desired
under a reissue policy than was written in the
policy which it supplants, the additional coverage
must be computed at original title insurance rates
under the brackets applicable to the amount and
kind of insurance applied for.
The reissue premium charge for owner's or
leasehold title insurance shall be:
Per Thousand
Up to $250,000 of liability written......................
$2.10
Over $250,000 and up to $500,000, add............
1.80
Over $500,000 and up to $1,000,000, add.........
1.50
Over $1,000,000 and up to $5,000,000, add......
1.20
Over $5,000,000, add...........................................
.90
Minimum premium..............................................
70.00
"FIRST MORTGAGES"
REISSUE RATES
A reissue rate for a "first mortgages" title
insurance policy is applicable if any of the
following apply:
7
Filed 03/23/10
Page 6 of 14
PLAINTIFFS' EXHIBIT J
(a)
When, within ten (10) years prior to
the application for mortgagee insurance, a policy
has been issued on the identical property to the
mortgagor as owner.
(b)
When, within ten (10) years prior to
the application for mortgagee insurance, a
mortgagee policy has been issued for the same
mortgagor on the same property.
(c)
When, preparatory to a building
program, the owner of ten or more lots of an
established subdivision negotiates a blanket
mortgage to finance the construction of houses on
such lots and such blanket mortgage is covered by
a policy or mortgagee title insurance by this
Company, such owner or such mortgagee, as
houses are built on such lots, respectively, within
ten (10) years of the date of such blanket policy,
shall be allowed the mortgagee reissue rate on
replacement mortgages as such properties are
sold to new owners and a new mortgage is
substituted for the blanket mortgage pro tanto,
until the aggregate of reissue policies issued on
such individual mortgages equals the face amount
of the blanket mortgage. The minimum charge per
policy is $50.00. Any insurance required in excess
of the face of the blanket policy shall carry original
mortgagee rates.
The new lot owner with
reference to future insurance shall be entitled to
reissue rates on both owner's or mortgagee
insurance within the ten year period.
8
Case 10-00101
Doc 6-10
Filed 03/23/10
Page 7 of 14
PLAINTIFFS' EXHIBIT J
The reissue rates, when applicable as
outlined above (see sections (a), (b) and (c)
above), shall be 60% of the published rates in
force for original insurance.
TITLE INSURANCE RATES
FOR SUBSTITUTION LOANS
Reissue rates apply up to the face amount
of the previous policy. If more insurance is desired
under a reissue policy than was written in the
policy which it supplants, the additional coverage
must be computed at original title insurance rates
under the brackets applicable to the amount and
kind of insurance applied for.
When a substitution loan is made on the
same property with either the same mortgagor or
mortgagee, the title to which was insured by this
Company in connection with the original loan, the
following rates will be charged for issuing the
policy in connection with the new loan, provided
the Company is furnished with information
showing these rates are applicable, including the
number of its former policy and the amount of the
unpaid balance secured by the original loan:
The premium charge for reissue first
mortgage title insurance shall be:
Age or Original Loan
Per Thousand
3 years or under of liability...................
30% of regular rates
Up to $250,000 of liability written .................... ..
$1.50
From 3 years to 4 years.........................
40% of regular rates
Over $250,000 and up to $500,000, add ........... .
1.20
From 4 years to 5 years.........................
50% of regular rates
Over $500,000 and up to $1,000,000, add ........ .
1.05
5 years to 10 years.................................
60% of regular rates
Over $1,000,000 and up to $5,000,000, add ..... .
.90
Over 10 years..........................................
100% of regular rates
Over $5,000,000, add ......................................... ..
.60
Minimum premium.................................
$50.00
Minimum premium..............................................
50.00
The reissue rates, when applicable as
outlined above (see sections (a), (b) and (c)
above), shall be 60% of the published rates
in force for original insurance. (Not applicable in commercial transactions.)
9
10
Case 10-00101
Doc 6-10
Circuit Court for Allegany County Courthouse
30 Washington Street
Cumberland, MD 21502
(301) 777-5965
Circuit Court for Hartord County Courthouse
20 West Courtland Street
Bel Air, MD 21014
(410) 879-2000
Circuit Court for Anne Arundel County
Courthouse
Church Circle
Annapolis, MD 21404
(410) 222-1444
Circuit Court for Howard County
8360 Court Avenue, Room 300
Ellicott City, MD 21043-4579
(410) 313-2062
Circuit Court for Baltimore County
County Cou rts Building
P.O. Box 6754
400 Bosley Avenue
Towson, MD 21285-6754
(410) 887-2416
Circuit Court for Baltimore City
412 Courthouse East
111 North Calvert Street
Baltimore, MD 21202
(410) 333-3762
Circuit Court for Calvert County Courthouse
175 Main Street
Prince Frederick, MD 20678
(410) 535-1600
Circuit Court for Caroline County
P.O. Box 458
Denton, MD 21629
(410) 479-0410
Circuit Court for Kent County Courthouse
103 North Cross Street
Chestertown, MD 21620
(410) 778-7478
Circuit Court for Montgomery County
Judicial Center
50 Maryland Avenue
Rockville, MD 20850
(301) 217-2920
Circuit Court for Prince George's County
Courthouse
14735 Main St reet
Upper Marlboro, MD 20772-9987
(301) 883-7300
Circuit Court for Queen Anne's County
Courthouse
100 Courthouse Square
Centreville, MD 21617
(410) 758-0414
Circuit Court for Carroll County
55 North Court Street, Room G-8
Westminster, MD 21157
(410) 857-2965
Circuit Court for SI. Mary's County
41605 Courthouse Drive
P.O. Box 676
Leonardtown, MD 20650
(301) 475-4472
Circuit Court for Cecil County
129 East Main Street, Room 108
Elkton, MD 21921-5971
(410) 996-4385
Circuit Court for Somerset County Courthouse
P.O. Box 99
Princess Anne, MD 21853
(410) 651-0440
Circuit Court for Charles County
P.O. box 970
La Plata, MD 20846
(301) 645-0685
Circuit Court for Talbot County
P.O. Box 723
Easton, MD 21601
(410) 822-2332
Circuit Court for Dorchester County
P.O. Box 150
Cambridge, MD 21613
(410) 228-4343
Circuit Court for Washington County
P.O. Box 229
Hagerstown, MD 21741
(301) 791-3170
Circuit Court for Frederick County Courthouse
100 West Patrick Street
Frederick, MD 21701
(301) 694-1111
Circuit Court for Wicomico County Courthouse
P.O. Box 198
Salisbury, MD 21803-0198
(410) 548-4840
Circuit Court for Garrett County
P.O. Box 447
Oakland, MD 21550
(301) 334-1965
Circuit Court for Worcester County
PO. Box 40
Snow Hill, MD 21863-0040
(410) 632-0686
11
Filed 03/23/10
Page 8 of 14
PLAINTIFFS' EXHIBIT J
CHART
FOR
ALTA
TITLE INSURANCE
RATES
12
Case 10-00101
Doc 6-10
Filed 03/23/10
Page 9 of 14
PLAINTIFFS' EXHIBIT J
OWNERS
PREMIUM
REISSUE
COVERAGE (FULL RATE) DISCOUNT
OWNERS
AMOUNT OF
$5,000.00
$10,000.00
$15,000.00
$20,000.00
$21,000.00
$22,000.00
$23,000.00
$24,000.00
~25,000.00
$26,000.00
$27,000.00
$28,000.00
$29,000.00
$30,000.00
$31,000.00
$32,000.00
$33,000.00
$34,000.00
$35,000.00
$36,000.00
$37,000.00
$38,000.00
$39,000.00
$40,000.00
$41,000.00
$42,000.00
$43,000.00
$44,000.00
$45,000.00
$46,000.00
$47,000.00
$48,000.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$140.00
$143.50
$147.00
$150.50
$154.00
$157.50
$161.00
$164.50
$168.00 .
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$56.00
$57.40
$58.80
$60.20
$61.60
$63.00
$64.40
$65.80
$67.20
13
LENDERS
PREMIUM
REISSUE
(FULL RATE) DISCOUNT
LENDERS
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$10000
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$102.50
$105.00
$107.50
$110.00
$112.50
$115.00
$117.50
$120.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$40.00
$41.00
$42.00
$43.00
$44.00
$45.00
$46.00
$47.00
$48.00
OWNERS
AMOUNT OF
PREMIUM
COVERAGE
(FULL RATE)
$49,000.00
$50,000.00
$51,000.00
$52,000.00
$53,000.00
$54,000.00
$55,000.00
$56,000.00
$57,000.00
$58,000.00
$59,000.00
$60,000.00
$61,000.00
$62,000.00
$63,000.00
$64,000.00
$65,000.00
$66,000.00
$67,000.00
$68,000.00
$69,000.00
$70,000.00
$71,000.00
$72,000.00
$73,000.00
$74,000.00
$75,000.00
$76,000.00
$77,000.00
$78,000.00
$79,000.00
$80,000.00
$171.50
$175.00
$178.50
$182.00
$185.50
$189.00
$192.50
$196.00
$199.50
$203.00
$206.50
$210.00
$213.50
$217.00
$220.50
$224.00
$227.50
$231.00
$234.50
$238.00
$241.50
$245.00
$248.50
$252.00
$255.50
$259.00
$262.50
$266.00
$269.50
$273.00
$276.50
$280.00
O\I\(NERS
LENDERS LENDERS:'
REI.SSUE
PREMIUM
R~I~~t
DISCOUNT (FULL RATE) 01 ........ IT
'.$68.60
$70.00
. $71.40
$72~8()
$74.20
. $75.60
$77.00
$78.40
$79.80
$81.20
$82.60
$84.00
$85.40
$86.80
$88.20
$89.60
$91.00
$92.40
$93.80
$95.20
$96.60
$98.00
$99.40
$100.80
$102.20
$103.60
$105.00
$106.40
$107.80
$109.20
$110.60
$112.00
14
$122.50
$125.00
$127.50
$130.00
$132.50
$135.00
$137.50
$140.00
$142.50
$145.00
$147.50
$150.00
$152.50
$155.00
$157.50
$160.00
$162.50
$165.00
$167.50
$170.00
$172.50
$175.00
$177.50
$180.00
$182.50
$185.00
$187.50
$190.00
$192.50
$195.00
$197.50
$200.00
$49·90
$50.00
$51.00
$?2.00
,.$53.00
$54.00
. $55.00
$56.00
$57.00
$58.00
$59.00
$60.00
$61.00
$62.00
$63.00
$&1.00
$65.00
$66.00
$67.00
·$68.00
$69.00
$70.00
$71.00
$72.00
$73.00
$74.00
$75.00
$76.00
$77.00
$78.00
$79.00
$80.00
Case 10-00101
Doc 6-10
Filed 03/23/10
Page 10 of 14
AMOUNT OF
AMOUNT OF
COVERAGE
COVERAGE
$81,000.00
$82,000.00
$83,000.00
$84,000.00
$85,000.00
$86,000.00
$87,000.00
$88,000.00
$89,000.00
$90,000.00
$91,000.00
$92,000.00
$93,000.00
$94,000.00
$95,000.00
$96,000.00
$97,000.00
$98,000.00
$99,000.00
$100,000.00
$101,000.00
$102,000.00
$103,000.00
$104,000.00
$105,000.00
$106,000.00
$107,000.00
$108,000.00
$109,000.00
$110,000.00
$111,000.00
$11 000.00
..
·. . $114.80
'$1'16.20
$294.00
$297.50
$301.00
$304.50
$308.00
$311.50
$315.00
$318.50
$322.00
$325.50
$329.00
$332.50
$336.00
$339.50
$343.00
$346.50
$350.00
$353.50
$357.00
$360.50
$364.00
$367.50
$371.00
$374.50
$378.00
$381.50
$385.00
$388.50
$392.00
$111,60
$119.00
$120.40
$121.80
$123.20
$124.60
$12f3.00
$121.40
$128.80
$130.20
$131.60
$133.00
$134.40
$135.80
$137.20
$138.60
$140.00
$141.40
$142.80
$144.20
$145.60
$147.00
$148.40
$149.80
$151.20
$152.60
$154.00
'.. $155.40
$156.80
15
$215.00
$86.00
$217.50
$87.00
$220.00
$88;00
$222.50
$225.00
$90;00
$227.50
$91.00
$230.00
$92.00
$232.50
$93·00
$235.00
,$94.00
$237.50
$240.00
$242.50
$245.00 .
$247.50
$250.00
$252.50
$255.00
$257.50
$260.00
$262.50
$105.00
$265.00
, $10t3·00
$267.50
$107.00
$270.00
$108·00
$272.50
. $109·00
$275.00
$110~00
$277.50
$111.00
$280.00
$112.00
$113,000.00
$1.14,000.00
$115,000.00
$116,000.00
$117,000.00
$118,000.00
$119,000.00
$120,000.00
$121,000.00
$122,000.00
$123,000.00
$124,000.00
$125,000.00
$126,000.00
$127,000.00
$128,000.00
$129,000.00
$130,000.00
$131,000.00
$132,000.00
$133,000.00
$134,000.00
$135,000.00
$136,000.00
$137,000.00
$138,000.00
$139,000.00
$140,000.00
$141,000.00
$142,000.00
$143,000.00
$144000.00
PLAINTIFFS' EXHIBIT J
$423.50
$427.00
$430.50
$434.00
$437.50
$441.00
$444.50
$455.00
$458.50
$462.00
$465.50
$469.00
$472.50
$476.00
$347.50
$350.00
$352.50
$355.00
$493.50
$497.00
$500.50
$504.00
$360.00
16
Case 10-00101
AMOUNT OF PREMIUM
COVERAGE (FULL RATE)
$145,000.00
$146,000.00
$147,000.00
$148,000.00
$149,000.00
$150,000.00
$151,000.00
$152,000.00
$153,000.00
$154,000.00
$155,000.00
$156,000.00
$157,000.00
$158,000.00
$159,000.00
$160,000.00
$161,000.00
$162,000.00
$163,000.00
$164,000.00
$165,000.00
$166,000.00
$167,000.00
$168,000.00
$169,000.00
$170,000.00
$171,000.00
$172,000.00
$173,000.00
$174,000.00
$175,000.00
$176,000.00
$507.50
$511.00
$514.50
$518.00
$521.50
$525.00
$528.50
$532.00
$535.50
$539.00
$542.50
$546.00
$549.50
$553.00
$556.50
$560.00
$563.50
$567.00
$570.50
$574.00
$577.50
$581.00
$584.50
$588.00
$591.50
$595.00
$598.50
$602.00
$605.50
$609.00
$612.50
$616.00
OWNERS
REISSUE
DISCOUNT
$203.00
$204.40
$205.80
$207.20
$208.60
$210.00
$211.40
$212.80
$214.20
$215.60
$217.00
$218.40
$219.80
$221.20
$222.60
$224.00
$225.40
$226.80
$228.20
$229.60
$231.00
$232.40
$233.80
$235.20
$236.60
$238.00
$239.40
$240.80
$242.20
$243.60
$245.00
$246.40
17
PREMIUM
(FULL RATE)
$362.50
$365.00
$367.50
$370.00
$372.50
$375.00
$377.50
$380.00
$382.50
$385.00
$387.50
$390.00
$392.50
$395.00
$397.50
$400.00
$402.50
$405.00
$407.50
$410.00
$412.50
$415.00
$417.50
$420.00
$422.50
$425.00
$427.50
$430.00
$432.50
$435.00
$437.50
$440.00
Doc 6-10
LENDERS
REISSUE
DISCOUNT
$145.00
$146.00
$147.00
$148.00
$149.00
$150.00
$151.00
$152.00
$153.00
$154.00
$155.00
$156.00
$157.00
$158.00
$159.00
$160.00
$161.00
$162.00
$163.00
$164.00
$165.00
$166.00
$167.00
$168.00
$169.00
$170.00
$171.00
$172.00
$173.00
$174.00
$175.00
$176.00
Filed 03/23/10
Page 11 of 14
PLAINTIFFS' EXHIBIT J
OWNERS
AMOUNT OF
COVERAGE
$177,000.00
$178,000.00
$179,000.00
$180,000.00
$181,000.00
$182,000.00
$183,000.00
$184,000.00
$185,000.00
$186,000.00
$187,000.00
$188,000.00
$189,000.00
$190,000.00
$191,000.00
$192,000.00
$193,000.00
$194,000.00
$195,000.00
$196,000.00
$197,000.00
$198,000.00
$199,000.00
$200,000.00
$201,000.00
$202,000.00
$203,000.00
$204,000.00
$205,000.00
$206,000.00
$207,000.00
$208,000.00
PREMIUM
(FULL RATE)
$619.50
$623.00
$626.50
$630.00
$633.50
$637.00
$640.50
$644.00
$647.50
$651.00
$654.50
$658.00
$661.50
$665.00
$668.50
$672.00
$675.50
$679.00
$682.50
$686.00
$689.50
$693.00
$696.50
$700.00
$703.50
$707.00
$710.50
$714.00
$717.50
$721.00
$724.50
$728.00
LENDERS
PREMIUM
REISSUE
REISSUE
DISCOUNT (FULL RATE) DISCOUNT
$247.80
$249.20
$250.60
$252.00
$253.40
$254.80
$256.20
$257.60
$259.00
$260.40
$261.80
$263.20
$264.60
$266.00
$267.40
$268.80
$270.20
$271.60
$273.00
$274.40
$275.80
$277.20
$278.60
$280.00
$281.40
$282.80
$284.20
$285.60
$287.00
$288.40
$289.80
$291.20
18
$442.50
$445.00
$447.50
$450.00
$452.50
$455.00
$457.50
$460.00
$462.50
$465.00
$467.50
$470.00
$472.50
$475.00
$477.50
$480.00
$482.50
$485.00
$487.50
$490.00
$492.50
$495.00
$497.50
$500.00
$502.50
$505.00
$507.50
$510.00
$512.50
$515.00
$517.50
$520.00
$177.00
$178.00
$179.00
$180.00
. $181.00
$182.00
$183.00
$184.00
$185.00
$186.00
$187.00
$188.00
$189.00
$190.00
$191.00
$192.00
$193.00
$194.00
$195.00
$196.00
$197.00
$198.00
$199.00
$200.00
$201.00
$202.00
$203.00
$204.00
$205.00
$206.00
$207.00
$208.00
Case 10-00101
OWNERS
PREMIUM
PREMIUM
REISSUE
COVERAGE (FULL RATE) DISCOUNT (FULL RATE)
$209,000.00
$210,000.00
$211,000.00
$212,000.00
$213,000.00
$214,000.00
$215,000.00
$216,000.00
$217,000.00
$218,000.00
$219,000.00
$220,000.00
$221,000.00
$222,000.00
$223,000.00
$224,000.00
$225,000.00
$226,000.00
$227,000.00
$228,000.00
$229,000.00
$230,00000
$231,000.00
$232,000.00
$233,000.00
$234,000.00
$235,000.00
$236,000.00
$237,000.00
$238,000.00
$239,000.00
$240,000.00
$731.50
$735.00
$738.50
$742.00
$745.50
$749.00
$752.50
$756.00
$759.50
$76300
$766.50
$770.00
$773.50
$777.00
$780.50
$784.00
$787.50
$791.00
$794.50
$798.00
$801.50
$805.00
$808.50
$812.00
$815.50
$819.00
$822.50
$826.00
$829.50
$833.00
$836.50
$840.00
$292.60
$294.00
$295.40
$296.80
$298.20
$299.60
$301.00
$302.40
$303.80
$305.20
$306.60
$308.00
$309.40
$310.80
$312.20
$313.60
$315.00
$316.40
$317.80
$319.20
$320.60
$322.00
$323.40
$324.80
$326.20
$327.60
$329.00
$330.40
$331.80
$333.20
$334.60
$336.00
19
$522.50
$525.00
$527.50
$530.00
$532.50
$535.00
$537.50
$540.00
$542.50
$545.00
$547.50
$550.00
$552.50
$555.00
$557.50
$560.00
$562.50
$565.00
$567.50
$570.00
$572.50
$575.00
$577.50
$580.00
$582.50
$585.00
$587.50
$590.00
$592.50
$595.00
$597.50
$600.00
Doc 6-10
Filed 03/23/10
Page 12 of 14
LENDERS
REISSUE
DISCOUNT
AMOUNT OF
$209.00
$210.00
$211.00
$212.00
$213.00
$214.00
$215.00
$216.00
$217.00
$218.00
$219.00
$220.00
$221.00
$222.00
$223.00
$224.00
$225.00
$226.00
$227.00
$228.00
$229.00
$230.00
$231.00
$232.00
$233.00
$234.00
$235.00
$236.00
$237.00
$238.00
$239.00
$240.00
$241,000.00
$242,000.00
$243,000.00
$244,000.00
$245,000.00
$246,000.00
$247,000.00
$248,000.00
$249,000.00
$250,000.00
$251,000.00
$252,000.00
$253,000.00
$254,000.00
$255,000.00
$256,000.00
$257,000.00
$258,000.00
$259,000.00
$260,000.00
$261,000.00
$262,000.00
$263,000.00
$264,000.00
$265,000.00
$266,000.00
$267,000.00
$268,000.00
$269,000.00
$270,000.00
$271,000.00
$272,000.00
PLAINTIFFS' EXHIBIT J
OWNERS
COVERAGE
PREMIUM
(FULL RATE)
$843.50
$847.00
$850.50
$854.00
$857.50
$861.00
$864.50
$868.00
$871.50
$875.00
$878.00
$881.00
$884.00
$887.00
$890.00
$893.00
$896.00
$899.00
$902.00
$905.00
$908.00
$911.00
$914.00
$917.00
$920.00
$923.00
$926.00
$929.00
$932.00
$935.00
$938.00
$941.00
LENDERS
PREMIUM
REISSUE
REISSUE
DISCOUNT (FULL RATE) DISCOUNl
$337.40
$338.80
$340.20
$341.60
$343.00
$344.40
$345.80
$347.20
$348.60
$350.00
$351.20
$352.40
$353.60
$354.80
$356.00
$357.20
$358.40
$359.60
$360.80
$362.00
$363.20
$364.40
$365.60
$366.80
$368.00
$369.20
$370.40
$371.60
$372.80
$374.00
$375.20
$376.40
20
$602.50
$605.00
$607.50
$610.00
$612.50
$615.00
$617.50
$620.00
$622.50
$625.00
$627.00
$629.00
$631.00
$633.00
$635.00
$637.00
$639.00
$641.00
$643.00
$645.00
$647.00
$649.00
$651.00
$653.00
$655.00
$657.00
$659.00
$661.00
$663.00
$665.00
$667.00
$669.00
$241.00
$242.00
$243.00
. $244.00
$245.00
$246.00
$247.00
$248.00
$249.00
$250.00
$250.80
$251.60
$252.40
$253.20
$254.00
$254.80
$255.60
$256.40
$257.20
$258.00
$258.80
$259.60
$260.40
$261.20
$262.00
$262.80
$263.60
$264.40
$265.20
$266.00
$266.80
$267.60
Case 10-00101
OWNERS
AMOUNT OF
PREMIUM
COVERAGE (FULL RATE)
$273,000.00
$274,000.00
$275,000.00
$276,000.00
$277,000.00
$278,000.00
$279,000.00
$280,000.00
$281,000.00
$282,000.00
$283,000.00
$284,000.00
$285,000.00
$286,000.00
$287,000.00
$288,000.00
$289,000.00
$290,000.00
$291,000.00
$292,000.00
$293,000.00
$294,000.00
$295,000.00
$296,000.00
$297,000.00
$298,000.00
$299,000.00
$300,000.00
$301,000.00
$302,000.00
$303,000.00
$304,000.00
$944.00
$947.00
$950.00
$953.00
$956.00
$959.00
$962.00
$965.00
$968.00
$971.00
$974.00
$977.00
$980.00
$983.00
$986.00
$989.00
$992.00
$995.00
$998.00
$1,001.00
$1,004.00
$1,007.00
$1,010.00
$1,013.00
$1,016.00
$1,019.00
$1,022.00
$1,025.00
$1,028.00
$1,031.00
$1,034.00
$1,037.00
REISSUE
DISCOUNT
$377.60
$378.80
$380.00
$381.20
$382.40
$383.60
$384.80
$386.00
$387.20
$388.40
$389.60
$390.80
$392.00
$393.20
$394.40
$395.60
$396.80
$398.00
$399.20
$400.40
$401.60
$402.80
$404.00
$405.20
$406.40
$407.60
$408.80
$410.00
$411.20
$412.40
$413.60
$414.80
Doc 6-10
Filed 03/23/10
Page 13 of 14
PLAINTIFFS' EXHIBIT J
LENDERS
PREMIUM
(FULL RATE)
$671.00
$673.00
$675.00
$677.00
$679.00
$681.00
$683.00
$685.00
$687.00
$689.00
$691.00
$693.00
$695.00
$697.00
$699.00
$701.00
$703.00
$705.00
$707.00
$709.00
$711.00
$713.00
$715.00
$717.00
$719.00
$721.00
$723.00
$725.00
$727.00
$729.00
$731.00
$733.00
OWNERS
REISSUE
DISCOUNT
$268.40
$269.20
$270.00
$270.80
$271.60'
$272.40
$273.20
$274.00
$274.80
$275.60
$276.40
$277.20
$278.00
$278.80
$279.60
$280.40
$281.20
$282.00
$282.80
$283.60
$284.40
$285.20
$286.00
$286.80
$287.60
$288.40
$289.20
$290.00
$290.80
$291.60
$292.40
$293.20
I
AMOUNT OF
COVERAGE
$305,000.00
$306,000.00
$307,000.00
$308,000.00
$309,000.00
$310,000.00
$311,000.00
$312,000.00
$313,000.00
$314,000.00
$315,000.00
$316,000.00
$317,000.00
$318,000.00
$319,000.00
$320,000.00
$321,000.00
$322,000.00
$323,000.00
$324,000.00
$325,000.00
$326,000.00
$327,000.00
$328,000.00
$329,000.00
$330,000.00
$331,000.00
$332,000.00
$333,000.00
$334,000.00
$335,000.00
$336,000.00
PREMIUM
REISSUE
LENDERS
PREMIUM
REISSUE
(FULL RATE) DISCOUNT (FULL RATE) DISCOUNT
$1,040.00
$1,043.00
$1,046.00
$1,049.00
$1,052.00
$1,055.00
$1,058.00
$1,061.00
$1,064.00
$1,067.00
$1,070.00
$1,073.00
$1,076.00
$1,079.00
$1,082.00
$1,085.00
$1,088.00
$1,091.00
$1,094.00
$1,097.00
$1,100.00
$1,103.00
$1,106.00
$1,109.00
$1,112.00
$1,115.00
$1,118.00
$1,121.00
$1,124.00
$1,127.00
$1,130.00
$1,133.00
$416.00
$417.20
$418.40
$419.60
$420.80
$422.00
$423.20
$424.40
$425.60
$426.80
$428.00
$429.20
$430.40
$431.60
$432.80
$434.00
$435.20
$436.40
$437.60
$438.80
$440.00
$441.20
$442.40
$443.60
$444.80
$446.00
$447.20
$448.40
$449.60
$450.80
$452.00
$453.20
21
22
$735.00
$737.00
$739.00
$741.00
$743.00
$745.00
$747.00
$749.00
$751.00
$753.00
$755.00
$757.00
$759.00
$761.00
$763.00
$765.00
$767.00
$769.00
$771.00
$773.00
$775.00
$777.00
$779.00
$781.00
$783.00
$785.00
$787.00
$789.00
$791.00
$793.00
$795.00
$797.00
$294.00
$294.80
$295.60
$296.40
$297.20
$298.00
$298.80
$299.60
$300.40
$301.20
$302.00
$302.80
$303.60
$304.40
$305.20
$306.00
$306.80
$307.60
$308.40
$309.20
$310.00
$310.80
$311.60
$312.40
$313.20
$314.00
$314.80
$315.60
$316.40
$317.20
$318.00
$318.80
Case 10-00101
OWNERS
AMOUNT OF
PREMIUM
COVERAGE
(FULL RATE)
$337,000.00
$1,136.00
$338,000.00
$1,139.00
REISSUE
Doc 6-10
PREMIUM
REISSUE
DISCOUNT
$454.40
$799.00
$319.60
$455.60
$801.00
$320.40
$339,000.00
$1,142.00
$456.80
$803.00
$321.20
$340,000.00
$1,145.00
$458.00
$805.00
$322.00
$341,000.00
$342,000.00
$343,000.00
$1,148.00
$1,151.00
$1,154.00
$459.20
$460.40
$461.60
$807.00
$809.00
$811.00
$322.80
$323.60
$324.40
$344,000.00
$1,157.00
$462.80
$813.00
$325.20
$345,000.00
$1,160.00
$464.00
$815.00
$326.00
$346,000.00
$1,163.00
$465.20
$817.00
$326.80
$347,000.00
$1,166.00
$466.40
$819.00
$327.60
$348,000.00
$1,169.00
$467.60
$821.00
$328.40
$349,000.00
$1,172.00
$468.80
$823.00
$329.20
$350,000.00
$1,175.00
$470.00
$825.00
$330.00
$351,000.00
$352,000.00
$353,000.00
$354,000.00
$355,000.00
$1,178.00
$1,181.00
$1,184.00
$1,187.00
$1,190.00
$471.20
$472.40
$473.60
$474.80
$476.00
$827.00
$829.00
$831.00
$833.00
$835.00
$330.80
$331.60
$332.40
$333.20
$334.00
$356,000.00
$1,193.00
$477.20
$837.00
$334.80
$357,000.00
$1,196.00
$478.40
$839.00
$335.60
$358,000.00
$359,000.00
$360,000.00
$1,199.00
$1,202.00
$1,205.00
$479.60
$480.80
$482.00
$841.00
$843.00
$845.00
$336.40
$337.20
$338.00
$361,000.00
$1,208.00
$483.20
$847.00
$338.80
$362,000.00
$1,211.00
$484.40
$849.00
$339.60
$363,000.00
$1,214.00
$485.60
$851.00
$340.40
$364,000.00
$1,217.00
$486.80
$853.00
$341.20
$365,000.00
$1,220.00
$488.00
$855.00
$342.00
$366,000.00
$1,223.00
$489.20
$857.00
$342.80
$367,000.00
$1,226.00
$490.40
$859.00
$343.60
$368,000.00
$1,229.00
$491.60
23
Page 14 of 14
$861.00
$344.40
PLAINTIFFS' EXHIBIT J
OWNERS
LENDERS
(FULL RATE)
DISCOUNT
Filed 03/23/10
AMOUNT OF
PREMIUM
COVERAGE
(FULL RATE)
LENDERS
REISSUE
PREMIUM
REISSUE
DISCOUNT (FULL RATE) DISCOUNT
$369,000.00
$1,232.00
$492.80
$863.00
$345.20
$370,000.00
$1,235.00
$494.00
$865.00
$346.00
$371,000.00
$1,238.00
$495.20
$867.00
$346.80
$372,000.00
$1,241.00
$496.40
$869.00
$347.60
$373,000.00
$1,244.00
$497.60
$871.00
$348.40
$374,000.00
$1,247.00
$498.80
$873.00
$349.20
$375,000.00
$1,250.00
$500.00
$875.00
$350.00
$376,000.00
$1,253.00
$501.20
$877.00
$350.80
$377,000.00
$1,256.00
$502.40
$879.00
$351.60
$378,000.00
$1,259.00
$503.60
$881.00
$352.40
$379,000.00
$1,262.00
$504.80
$883.00
$353.20
$380,000.00
$1,265.00
$506.00
$885.00
$354.00
$381,000.00
$1,268.00
$507.20
$887.00
$354.80
$382,000.00
$1,271.00
$508.40
$889.00
$.355.60
$383,000.00
$1,274.00
$509.60
$891.00
$356.40
$384,000.00
$1,277.00
$510.80
$893.00
$357.20
$385,000.00
$1,280.00
$512.00
$895.00
$358.00
$386,000.00
$1,283.00
$513.20
$897.00
$358.80
$387,000.00
$1,286.00
$514.40
$899.00
$359.60
$388,000.00
$1,289.00
$515.60
$901.00
$360.40
$389,000.00
$1,292.00
$516.80
$903.00
$361.20
$390,000.00
$1,295.00
$518.00
$905.00
$362.00
$391,000.00
$1,298.00
$519.20
$907.00
$362.80
$392,00000
$1,301.00
$520.40
$909.00
$363.60
$393,000.00
$1,304.00
$521.60
$911.00
$364.40
$394,000.00
$1,307.00
$522.80
$913.00
$365.20
$395,000.00
$1,310.00
$524.00
$915.00
$366.00
$396,000.00
$1,313.00
$525.20
$917.00
$366.80
$397,000.00
$1,316.00
$526.40
$919.00
$367.60
$398,000.00
$1,319.00
$527.60
$921.00
$368.40
$399,000.00
$1,322.00
$528.80
$923.00
$369.20
$400,000.00
$1,325.00
$530.00
$925.00
$370.00
24
Case 10-00101
OWNERS
AMOUNT OF
PREMIUM
COVERAGE (FULL RATE)
$401,00000
$402,.000.00
$403,000.00
$404,000.00
$405,000.00
$406,000.00
$407,000.00
$408,000.00
$409,000.00
$410,000.00
$411,000.00
$412,000.00
$413,000.00
$414,000.00
$415,000.00
$416,000.00
$417,000.00
$418,000.00
$419,000.00
$420,000.00
$421,000.00
$422,000.00
$423,000.00
$424,000.00
$425,000.00
$426,000.00
$427,000.00
$428,000.00
$429,000.00
$430,000.00
$431,000.00
$432,000.00
$1,328.00
$1,331.00
$1,334.00
$1,337.00
$1,340.00
$1,343.00
$1,346.00
$1,349.00
$1,352.00
$1,355.00
$1,358.00
$1,361.00
$1,364.00
$1,367.00
$1,370.00
$1,373.00
$1,376.00
$1,379.00
$1,382.00
$1,385.00
$1,388.00
$1,391.00
$1,394.00
$1,397.00
$1,400.00
$1,403.00
$1,406.00
$1,409.00
$1,412.00
$1,415.00
$1,418.00
$1,421.00
REISSUE
Doc 6-11
Filed 03/23/10
PREMIUM
25
$927.00
$929.00
$931.00
$933.00
$935.00
$937.00
$939.00
$941.00
$943.00
$945.00
$947.00
$949.00
$951.00
$953.00
$955.00
$957.00
$959.00
$961.00
$963.00
$965.00
$967.00
$96900
$971.00
$973.00
$975.00
$977.00
$979.00
$981.00
$983.00
$985.00
$987.00
$989.00
REISSUE
$370.80
$371.60
$372.40
$373.20
$374.00
$374.80
$375.60
$376.40
$377.20
$378.00
$378.80
$379.60
$380.40
$381.20
$382.00
$382.80
$383.60
$384.40
$385.20
$386.00
$386.80
$387.60
$388.40
$389.20
$390.00
$390.80
$391.60
$392.40
$393.20
$394.00
$394.80
$395.60
PLAINTIFFS' EXHIBIT J
OWNERS
LENDERS
DISCOUNT (FULL RATE) DISCOUNT
$531.20
$532.40
$533.60
$534.80
$536.00
$537.20
$538.40
$539.60
$540.80
$542.00
$543.20
$544.40
$545.60
$546.80
$548.00
$549.20
$550.40
$551.60
$552.80
$554.00
$555.20
$556.40
$557.60
$558.80
$560.00
$561.20
$562.40
$563.60
$564.80
$566.00
$567.20
$568.40
Page 1 of 13
!
,i
i
1
AMOUNT OF
PREMIUM
REISSUE
COVERAGE
(FULL RATE)
DISCOUNT
$433,000.00
$434,000.00
$435,000.00
$436,000.00
$437,000.00
$438,000.00
$439,000.00
$440,000.00
$441,000.00
$442,000.00
$443,000.00
$444,000.00
$445,000.00
$446,000.00
$447,000.00
$448,000.00
$449,000.00
$450,000.00
$451,000.00
$452,000.00
$453,000.00
$454,000.00
$455,000.00
$456,000.00
$457,000.00
$458,000.00
$459,000.00
$460,000.00
$461,000.00
$462,000.00
$463,000.00
$464,000.00
$1,424.00
$1,427.00
$1,430.00
$1,433.00
$1,436.00
$1,439.00
$1,442.00
$1,445.00
$1,448.00
$1,451.00
$1,454.00
$1,457.00
$1,460.00
$1,463.00
$1,466.00
$1,469.00
$1,472.00
$1,475.00
$1,478.00
$1,481.00
$1,484.00
$1,487.00
$1,490.00
$1,493.00
$1,496.00
$1,499.00
$1,502.00
$1,505.00
$1,508.00
$1,511.00
$1,514.00
$1,517.00
$569.60
$570.80
$572.00
$573.20
$574.40
$575.60
$576.80
$578.00
$579.20
$580.40
$581.60
$582.80
$584.00
$585.20
$586.40
$587.60
$588.80
$590.00
$591.20
$592.40
$593.60
$594.80
$596.00
$597.20
$598.40
$599.60
$600.80
$602.00
$603.20
$604.40
$605.60
$606.80
26
LENDERS
PREMIUM
REISSUE
(FULL RATE) DISCOUNT
$991.00
$993.00
$995.00
$997.00
$999.00
$1,001.00
$1,003.00
$1,005.00
$1,007.00
$1,009.00
$1,011.00
$1,013.00
$1,015.00
$1,017.00
$1,019.00
$1,021.00
$1,023.00
$1,025.00
$1,027.00
$1,029.00
$1,031.00
$1,033.00
$1,035.00
$1,037.00
$1,039.00
$1,041.00
$1,043.00
$1,045.00
$1,047.00
$1,049.00
$1,051.00
$1,053.00
$396.40
$397.20
$398.00
$398.80
$399.60
$400.40
$401.20
$402.00
$402.80
$403.60
$404.40
$405.20
$406.00
$406.80
$407.60
$408.40
$409.20
$410.00
$410.80
$411.60
$412.40
$413.20
$414.00
$414.80
$415.60
$416.40
$417.20
$418.00
$418.80
$419.60
$420.40
$421.20
Case 10-00101
OWNERS
AMOUNT OF
PREMIUM
COVERAGE (FULL RATE)
$465,000.00
$466,000.00
$467,000.00
$468,000.00
$469,000.00
$470,000.00
$471,000.00
$472,000.00
$473,000.00
$474,000.00
$475,000.00
$476,000.00
$477,000.00
$478,000.00
$479,000.00
$480,000.00
$481,000.00
$482,000.00
$483,000.00
$484,000.00
$485,000.00
$486,000.00
$487,000.00
$488,000.00
$489,000.00
$490,000.00
$491,000.00
$492,000.00
$493,000.00
$494,000.00
$495,000.00
$496,000.00
$1,520.00
$1,523.00
$1,526.00
$1,529.00
$1,532.00
$1,535.00
$1,538.00
$1,541.00
$1,544.00
$1,547.00
$1,550.00
$1,553.00
$1,556.00
$1,559.00
$1,562.00
$1,565.00
$1,568.00
$1,571.00
$1,574.00
$1,577.00
$1,580.00
$1,583.00
$1,586.00
$1,589.00
$1,592.00
$1,595.00
$1,598.00
$1,601.00
$1,604.00
$1,607.00
$1,610.00
$1,613.00
REISSUE
DISCOUNT
$608.00
$609.20
$610.40
$611.60
$612.80
$614.00
$615.20
$616.40
$617.60
$618.80
$620.00
$621.20
$622.40
$623.60
$624.80
$626.00
$627.20
$628.40
$629.60
$630.80
$632.00
$633.20
$634.40
$635.60
$636.80
$638.00
$639.20
$640.40
$641.60
$642.80
$644.00
$645.20
27
PREMIUM
Doc 6-11
LENDERS
REISSUE
(FULL RATE) DISCOUNT
$1,055.00
$1,057.00
$1,059.00
$1,061.00
$1,063.00
$1,065.00
$1,067.00
$1,069.00
$1,071.00
$1,073.00
$1,075.00
$1,077.00
$1,079.00
$1,081.00
$1,083.00
$1,085.00
$1,087.00
$1,089.00
$1,091.00
$1,093.00
$1,095.00
$1,097.00
$1,099.00
$1,101.00
$1,103.00
$1,105.00
$1,107.00
$1,109.00
$1,111.00
$1,113.00
$1,115.00
$1,117.00
$422.00
$422.80
$423.60
$424.40 .
$425.20
$426.00
$426.80
$427.60
$428.40
$429.20
$430.00
$430.80
$431.60
$432.40
$433.20
$434.00
$434.80
$435.60
$436.40
$437.20
$438.00
$438.80
$439.60
$440.40
$441.20
$442.00
$442.80
$443.60
$444.40
$445.20
$446.00
$446.80
Filed 03/23/10
Page 2 of 13
PLAINTIFFS' EXHIBIT J
AMOUNT OF
COVERAGE
PREMIUM
(FULL RATE)
$497,000.00
$498,000.00
$499,000.00
$500,000.00
$501,000.00
$502,000.00
$503,000.00
$504,000.00
$505,000.00
$506,000.00
$507,000.00
$508,000.00
$509,000.00
$510,000.00
$511,000.00
$512,000.00
$513,000.00
$514,000.00
$515,000.00
$516,000.00
$517,000.00
$518,000.00
$519,000.00
$520,000.00
$521,000.00
$522,000.00
$523,000.00
$524,000.00
$525,000.00
$526,000.00
$527,000.00
$528,000.00
$1,616.00
$1,619.00
$1,622.00
$1,625.00
$1,627.50
$1,630.00
$1,632.50
$1,635.00
$1,637.50
$1,640.00
$1,642.50
$1,645.00
$1,647.50
$1,650.00
$1,652.50
$1,655.00
$1,657.50
$1,660.00
$1,662.50
$1,665.00
$1,667.50
$1,670.00
$1,672.50
$1,675.00
$1,677.50
$1,680.00
$1,682.50
$1,685.00
$1,687.50
$1,690.00
$1,692.50
$1,695.00
OWNERS
LENDERS
REISSUE
PREMIUM
REISSUE
DISCOUNT (FULL RATE) DISCOUNT
$646.40
$647.60
$648.80
$650.00
$651.00
$652.00
$653.00
$654.00
$655.00
$656.00
$657.00
$658.00
$659.00
$660.00
$661.00
$662.00
$663.00
$664.00
$665.00
$666.00
$667.00
$668.00
$669.00
$670.00
$671.00
$672.00
$673.00
$674.00
$675.00
$676.00
$677.00
$678.00
28
$1,119.00
$1,121.00
$1,123.00
$1,125.00
$1,126.75
$1,128.50
$1,130.25
$1,132.00
$1,133.75
$1,135.50
$1,137.25
$1,139.00
$1,14075
$1,142.50
$1,144.25
$1,146.00
$1,147.75
$1,149.50
$1,15125
$1,153.00
$1,154.75
$1,156.50
$1,15825
$1,160.00
$1,161.75
$1,163.50
$1,165.25
$1,167.00
$1,168.75
$1,170.50
$1,172.25
$1,174.00
$447.60
$448.40
$449.20
$450.00
$450.70
$451.40
$452.10
$452.80
$453.50
$454.20
$454.90
$455.60
$456.30
$457.00
$457.70
$458.40
$459.10
$459.80
$460.50
$461.20
$461.90
$462.60
$463.30
$464.00
$464.70
$465.40
$466.10
$466.80
$467.50
$468.20
$468.90
$469.60
Case 10-00101
OWNERS
AMOUNT OF
PREMIUM
COVERAGE (FULL RATE)
$529,000.00
$530,000.00
$531,000.00
$532,000.00
$533,000.00
$534,000.00
$535,000.00
$536,000.00
$537,000.00
$538,000.00
$539,000.00
$540,000.00
$541,000.00
$542,000.00
$543,000.00
$544,000.00
$545,000.00
$546,000.00
$547,000.00
$548,000.00
$549,000.00
$550,000.00
$551,000.00
$552,000.00
$553,000.00
$554,000.00
$555,000.00
$556,000.00
$557,000.00
$558,000.00
$559,000.00
$560,000.00
$1,697.50
$1,700.00
$1,702.50
$1,705.00
$1,707.50
$1,710.00
$1,712.50
$1,715.00
$1,717.50
$1,720.00
$1,722.50
$1,725.00
$1,727.50
$1,730.00
$1,732.50
$1,735.00
$1,737.50
$1,740.00
$1,742.50
$1,745.00
$1,747.50
$1,750.00
$1,752.50
$1,755.00
$1,757.50
$1,760.00
$1,762.50
$1,765.00
$1,767.50
$1,770.00
$1,772.50
$1,775.00
REISSUE
DISCOUNT
$679.00
$680.00
$681.00
$682.00
$683.00
$684.00
$685.00
$686.00
$687.00
$688.00
$689.00
$690.00
$691.00
$692.00
$693.00
$694.00
$695.00
$696.00
$697.00
$698.00
$699.00
$700.00
$701.00
$702.00
$703.00
$704.00
$705.00
$706.00
$707.00
$708.00
$709.00
$710.00
29
Doc 6-11
Filed 03/23/10
Page 3 of 13
PLAINTIFFS' EXHIBIT J
LENDERS
PREMIUM
(FULL RATE)
DISCOUNT
$1,175.75
$1,177.50
$1,179.25
$1,181.00
$1,182.75
$1,184.50
$1,186.25
$1,188.00
$1,189.75
$1,191.50
$1,193.25
$1,195.00
$1,196.75
$1,198.50
$1,200.25
$1,202.00
$1,203.75
$1,205.50
$1,207.25
$1,209.00
$1,210.75
$1,212.50
$1,214.25
$1,216.00
$1,217.75
$1,219.50
$1,221.25
$1,223.00
$1,224.75
$1,226.50
$1,228.25
$1,230.00
$470.30
$471.00
$471.70
$472.40.
$473.10
$473.80
$474.50
$475.20
$475.90
$476.60
$477.30
$478.00
$478.70
$479.40
$480.10
$480.80
$481.50
$482.20
$482.90
$483.60
$484.30
$485.00
$485.70
$486.40
$487.10
$487.80
$488.50
$489.20
$489.90
$490.60
$491.30
$492.00
REISSUE
AMOUNT OF
PREMIUM
COVERAGE
(FULL RATE)
$561,000.00
$562,000.00
$563,000.00
$564,000.00
$565,000.00
$566,000.00
$567,000.00
$568,000.00
$569,000.00
$570,000.00
$571,000.00
$572,000.00
$573,000.00
$574,000.00
$575,000.00
$576,000.00
$577,000.00
$578,000.00
$579,000.00
$580,000.00
$581,000.00
$582,000.00
$583,000.00
$584,000.00
$585,000.00
$586,000.00
$587,000.00
$588,000.00
$589,00000
$590,000.00
$591,000.00
$592,000.00
$1,777.50
$1,780.00
$1,782.50
$1,785.00
$1,787.50
$1,790.00
$1,792.50
$1,795.00
$1,797.50
$1,800.00
$1,802.50
$1,805.00
$1,807.50
$1,810.00
$1,812.50
$1,815.00
$1,817.50
$1,820.00
$1,822.50
$1,825.00
$1,827.50
$1,830.00
$1,832.50
$1,835.00
$1,837.50
$1,840.00
$1,842.50
$1,845.00
$1,847.50
$1,850.00
$1,852.50
$1,855.00
OWNERS
LENDERS
PREMIUM
REISSUE
REISSUE
DISCOUNT (FULL RATE) DISCOUNT
$711.00
$712.00
$713.00
$714.00
$715.00
$716.00
$717.00
$718.00
$719.00
$720.00
$721.00
$722.00
$723.00
$724.00
$725.00
$726.00
$727.00
$728.00
$729.00
$730.00
$731.00
$732.00
$733.00
$734.00
$735.00
$736.00
$737.00
$738.00
$739.00
$740.00
$741.00
$742.00
30
$1,231.75
$1,233.50
$1,235.25
$1,237.00
$1,238.75
$1,240.50
$1,24225
$1,244.00
$1,245.75
$1,247.50
$1,249.25
$1,251.00
$1,252.75
$1,254.50
$1,256.25
$1,258.00
$1,259.75
$1,261.50
$1,263.25
$1,265.00
$1,266.75
$1,268.50
$1,270.25
$1,272.00
$1,273.75
$1,275.50
$1,277.25
$1,279.00
$1,28075
$1,282.50
$1,284.25
$1,286.00
$492.70
$493.40
$494.10
$494.80
$495.50
$496.20
$496.90
$497.60
$498.30
$499.00
$499.70
$500.40
$501.10
$501.80
$502.50
$503.20
$503.90
$504.60
$505.30
$506.00
$506.70
$507.40
$508.10
$508.80
$509.50
$510.20
$510.90
$511.60
$512.30
$513.00
$513.70
$514.40
Case 10-00101
AMOUNT OF
COVERAGE
PREMIUM
(FULL RATE)
LENDERS
OWNERS
PREMIUM
REISSUE
REISSUE
DISCOUNT (FULL RATE) DISCOUNT
$594,000.00
$1,857.50
$1,860.00
$743.00
$744.00
$1,287.75
$1,289.50
$595,000.00
$596,000.00
$1,862.50
$1,865.00
$1,291.25
$1,293.00
$597,000.00
$598,000.00
$599,000.00
$1,867.50
$1,870.00
$745.00
$746.00
$747.00
$593,000.00
$600,000.00
$601,00000
$602,000.00
$603,000.00
$604,000.00
$1,872.50
$1,875.00
$1,877.50
$1,880.00
$1,882.50
Doc 6-11
$748.00
$749.00
$750.00
$751.00
$1,294.75
$1,296.50
$1,298.25
$1,300.00
$752.00
$1,301.75
$1,303.50
$753.00
$754.00
$755.00
Filed 03/23/10
Page 4 of 13
AMOUNT OF
COVERAGE
PLAINTIFFS' EXHIBIT J
PREMIUM
(FULL RATE)
$515.10
$625,000.00
$1,937.50
$515.80
$516.50
$517.20, .
$626,000.00
$1,940.00
$1,94250
$517.90
$518.60
$629,000.00
$519.30
$520.00
$520.70
$627,000.00
$628,000.00
$630,000.00
$631,000.00
$632,000.00
$633,000.00
$1,945.00
$1,947.50
$1,950.00
$1,952.50
$1,955.00
$1,957.50
OWNERS
LENqERS
PREMIUM
REISSUE
REISSUE
DISCOUNT (FULL RATE) DISCOUNT
$775.00
$776.00
$777.00
$1,34375
$537.50
$1,345.50
$1,347.25
$538.20
$538.90
$778.00
$779.00
$780.00
$1,349.00
$539.60
$1,350.75
$1,352.50
$540.30
$781.00
$1,354.25
$541.00
$541.70
$782.00
$783.00
$1,35600
$1,357.75
$542.40
$543.10
$1,359.50
$1,361.25
$543.80
$521.40
$634,000.00
$1,960.00
$784.00
$1,305.25
$1,307.00
$522.10
$522.80
$635,000.00
$1,962.50
$785.00
$1,965.00
$786.00
$523.50
$524.20
$636,000.00
$637,000.00
$1,967.50
$1,970.00
$787.00
$1,363.00
$1,364.75
$788.00
$1,36650
$546.60
$547.30
$605,000.00
$1,885.00
$1,887.50
$606,000.00
$1,890.00
$756.00
$1,308.75
$1,310.50
$607,000.00
$1,892.50
$757.00
$1,312.25
$524.90
$639,000.00
$608,000.00
$1,895.00
$758.00
$1,314.00
$525.60
$609,000.00
$1,897.50
$759.00
$526.30
$610,000.00
$1,900.00
$760.00
$1,315.75
$1,317.50
$640,000.00
$641,000.00
$527.00
$642,000.00
$1,980.00
$527.70
$1,982.50
$1,985.00
$793.00
$1,373.50
$1,375.25
$638,000.00
$1,972.50
$1,975.00
$1,977.50
$544.50
$545.20
$545.90
$789.00
$1,368.25
$790.00
$1,370.00
$548.00
$791.00
$792.00
$1,37175
$548.70
$549.40
$611,000.00
$1,902.50
$761.00
$1,319.25
$612,000.00
$1,905.00
$762.00
$1,321.00
$528.40
$643,000.00
$644,000.00
$794.00
$1,377.00
$550.80
$613,000.00
$1,907.50
$763.00
$1,322.75
$529.10
$645,000.00
$1,987.50
$795.00
$1,378.75
$551.50
$614,000.00
$1,910.00
$764.00
$1,324.50
$529.80
$646,000.00
$1,990.00
$796.00
$1,380.50
$552.20
$615,000.00
$765.00
$1,326.25
$530.50
$647,000.00
$1,992.50
$797.00
$1,38225
$552.90
$616,000.00
$1,912.50
$1,915.00
$1,328.00
$531.20
$648,000.00
$1,995.00
$798.00
$1,38400
$553.60
$617,000.00
$1,917.50
$766.00
$767.00
$768.00
$769.00
$1,333.25
$651,000.00
$621,000.00
$1,927.50
$770.00
$771.00
$1,335.00
$1,336.75
$533.30
$534.00
$622,000.00
$1,930.00
$772.00
$623,000.00
$624,000.00
$1,932.50
$1,935.00
$1,997.50
$Z,OOO.OO
$2,002.50
$2,005.00
$2,007.50
$2,010.00
$2,012.50
$2,015.00
$554.30
$1,920.00
$1,922.50
$531.90
$532.60
$649,000.00
$618,000.00
$1,329.75
$1,331.50
$619,000.00
$620,000.00
$1,925.00
$650,000.00
$534.70
$652,000.00
$653,000.00
$1,338.50
$535.40
$654,000.00
$773.00
$1,340.25
$536.10
$655,000.00
$774.00
$1,342.00
$536.80
$656,000.00
31
$550.10
$799.00
$1,38575
$800.00
$1,387.50
$555.00
$801.00
$1,38925
$555.70
$802.00
$1,39100
$556.40
$803.00
$804.00
$1,39275
$557.10
$1,394.50
$557.80
$805.00
$1,396.25
$558.50
$806.00
$1,398.00
$559.20
32
Case 10-00101
OWNERS
AMOUNT OF
COVERAGE
$657,000.00
$658,000.00
$659,000.00
$660,000.00
$661,000.00
$662,000.00
$663,000.00
$664,000.00
$665,000.00
$666,000.00
$667,000.00
$668,000.00
$669,000.00
$670,000.00
$671,000.00
$672,000.00
$673,000.00
$674,000.00
$675,000.00
$676,000.00
$677,000.00
$678,000.00
$679,000.00
$680,000.00
$681,000.00
$682,000.00
$683,000.00
$684,000.00
$685,000.00
$686,000.00
$687,000.00
$688,000.00
PREMIUM
(FULL RATE)
$2,017.50
$2,020.00
$2,022.50
$2,025.00
$2,027.50
$2,030.00
$2,032.50
$2,035.00
$2,037.50
$2,040.00
$2,042.50
$2,045.00
$2,047.50
$2,050.00
$2,052.50
$2,055.00
$2,057.50
$2,060.00
$2,062.50
$2,065.00
$2,067.50
$2,070.00
$2,072.50
$2,075.00
$2,077.50
$2,080.00
$2,082.50
$2,085.00
$2,087.50
$2,090.00
$2,092.50
$2,095.00
REISSUE
DISCOUNT
$807.00
$808.00
$809.00
$810.00
$811.00
$812.00
$813.00
$814.00
$815.00
$816.00
$817.00
$818.00
$819.00
$820.00
$821.00
$822.00
$823.00
$824.00
$825.00
$826.00
$827.00
$828.00
$829.00
$830.00
$831.00
$832.00
$833.00
$834.00
$835.00
$836.00
$837.00
$838.00
33
PREMIUM
(FULL RATE)
$1,399.75
$1,401.50
$1,403.25
$1,405.00
$1,406.75
$1,408.50
$1,410.25
$1,412.00
$1,413.75
$1,415.50
$1,417.25
$1,419.00
$1,420.75
$1,422.50
$1,424.25
$1,426.00
$1,427.75
$1,429.50
$1,431.25
$1,433.00
$1,434.75
$1,436.50
$1,438.25
$1,440.00
$1,441.75
$1,443.50
$1,445.25
$1,447.00
$1,448.75
$1,450.50
$1,452.25
$1,454.00
Doc 6-11
LENDERS
REISSUE
DISCOUNT
$559.90
$560.60
$561.~0
$562.00
$562.70
$563.40
$564.10
$564.80
$565.50
$566.20
$566.90
$567.60
$568.30
$569.00
$569.70
$570.40
$571.10
$571.80
$572.50
$573.20
$573.90
$574.60
$575.30
$576.00
$576.70
$577.40
$578.10
$578.80
$579.50
$580.20
$580.90
$581.60
Filed 03/23/10
Page 5 of 13
AMOUNT OF
COVERAGE
$689,000.00
$690,000.00
$691,000.00
$692,000.00
$693,000.00
$694,000.00
$695,000.00
$696,000.00
$697,000.00
$698,000.00
$699,000.00
$700,000.00
$701,000.00
$702,000.00
$703,000.00
$704,000.00
$705,000.00
$706,000.00
$707,000.00
$708,000.00
$709,000.00
$710,000.00
$711,000.00
$712,000.00
$713,000.00
$714,000.00
$715,000.00
$716,000.00
$717,000.00
$718,000.00
$719,000.00
$720,000.00
PLAINTIFFS' EXHIBIT J
PREMIUM
(FULL RATE)
$2,097.50
$2,100.00
$2,102.50
$2,105.00
$2,107.50
$2,110.00
$2,112.50
$2,115.00
$2,117.50
$2,120.00
$2,122.50
$2,125.00
$2,127.50
$2,130.00
$2,132.50
$2,135.00
$2,137.50
$2,140.00
$2,142.50
$2,145.00
$2,147.50
$2,150.00
$2,152.50
$2,155.00
$2,157.50
$2,160.00
$2,162.50
$2,165.00
$2,167.50
$2,170.00
$2,172.50
$2,175.00
OWNERS
REISSUE
PREMIUM
LENDERS
REISSUE
DISCOUNT (FULL RATE) DISCOUNT
$839.00
$840.00
$841.00
$842.00
$843.00
$844.00
$845.00
$846.00
$847.00
$848.00
$849.00
$850.00
$851.00
$852.00
$853.00
$854.00
$855.00
$856.00
$857.00
$858.00
$859.00
$860.00
$861.00
$862.00
$863.00
$864.00
$865.00
$866.00
$867.00
$868.00
$869.00
$870.00
34
$1,455.75
$1,457.50
$1,459.25
$1,461.00
$1,462.75
$1,464.50
$1,466.25
$1,468.00
$1,469.75
$1,471.50
$1,473.25
$1,475.00
$1,476.75
$1,478.50
$1,480.25
$1,482.00
$1,483.75
$1,485.50
$1,487.25
$1,489.00
$1,490.75
$1,492.50
$1,494.25
$1,496.00
$1,497.75
$1,499.50
$1,501.25
$1,503.00
$1,50475
$1,506.50
$1,508.25
$1,510.00
$582.30
$583.00
$583.70
$584.40
$585.10
$585.80
$586.50
$587.20
$587.90
$588.60
$589.30
$590.00
$590.70
$591.40
$592.10
$592.80
$593.50
$594.20
$594.90
$595.60
$596.30
$597.00
$597.70
$598.40
$599.10
$599.80
$600.50
$601.20
$601.90
$602.60
$603.30
$604.00
Case 10-00101
OWNERS
AMOUNT OF
PREMIUM
COVERAGE (FULL RATE)
$721,000.00
$722,000.00
$723,000.00
$724,000.00
$725,000.00
$726,000.00
$727,000.00
$728,000.00
$729,000.00
$730,000.00
$731,000.00
$732,000.00
$733,000.00
$734,000.00
$735,000.00
$736,000.00
$737,000.00
$738,000.00
$739,000.00
$740,000.00
$741,000.00
$742,000.00
$743,000.00
$744,000.00
$745,000.00
$746,000.00
$747,000.00
$748,000.00
$749,000.00
$750,000.00
$751,000.00
$752,000.00
$2,177.50
$2,180.00
$2,182.50
$2,185.00
$2,187.50
$2,190.00
$2,192.50
$2,195.00
$2,197.50
$2,200.00
$2,202.50
$2,205.00
$2,207.50
$2,210.00
$2,212.50
$2,215.00
$2,217.50
$2,220.00
$2,222.50
$2,225.00
$2,227.50
$2,230.00
$2,232.50
$2,235.00
$2,237.50
$2,240.00
$2,242.50
$2,245.00
$2,247.50
$2,250.00
$2,252.50
$2,255.00
REISSUE
DISCOUNT
$871.00
$872.00
$873.00
$874.00
$875.00
$876.00
$877.00
$878.00
$879.00
$880.00
$881.00
$882.00
$883.00
$884.00
$885.00
$886.00
$887.00
$888.00
$889.00
$890.00
$891.00
$892.00
$893.00
$894.00
$895.00
$896.00
$897.00
$898.00
$899.00
$900.00
$901.00
$902.00
35
PREMIUM
Doc 6-11
LENDERS
REISSUE
(FULL RATE) DISCOUNT
$1,511.75
$1,513.50
$1,515.25
$1,517.00
$1,518.75
$1,520.50
$1,522.25
$1,524.00
$1,525.75
$1,527.50
$1,529.25
$1,531.00
$1,532.75
$1,534.50
$1,536.25
$1,538.00
$1,539.75
$1,541.50
$1,543.25
$1,545.00
$1,546.75
$1,548.50
$1,550.25
$1,552.00
$1,553.75
$1,555.50
$1,557.25
$1,559.00
$1,560.75
$1,562.50
$1,564.25
$1,566.00
$604.70
$605.40
$606.10
$606.$0
$607.50
$608.20
$608.90
$609.60
$610.30
$611.00
$611~70
$612.40
$613.10
$613.80
$614.50
$615.20
$615.90
$616.60
$617.30
$618.00
$618.70
$619.40
$620.10
$620.80
$621.50
$622.20
$622.90
$623.60
$624.30
$625.00
$625.70
$626.40
Filed 03/23/10
Page 6 of 13
PLAINTIFFS' EXHIBIT J
OWNERS
LENDERS
PREMIUM
REISSUE
REISSUE
COVERAGE (FULL RATE) DISCOUNT (FULL RATE) DISCOUNT
AMOUNT OF
$753,000.00
$754,000.00
$755,000.00
$756,000.00
$757,000.00
$758,000.00
$759,000.00
$760,000.00
$761,000.00
$762,000.00
$763,000.00
$764,000.00
$765,000.00
$766,000.00
$767,000.00
$768,000.00
$769,000.00
$770,000.00
$771,000.00
$772,000.00
$773,000.00
$774,000.00
$775,000.00
$776,000.00
$777,000.00
$778,000.00
$779,000.00
$780,000.00
$781,000.00
$782,000.00
$783,000.00
$784,000.00
PREMIUM
$2,257.50
$2,260.00
$2,262.50
$2,265.00
$2,267.50
$2,270.00
$2,272.50
$2,275.00
$2,277.50
$2,280.00
$2,282.50
$2,285.00
$2,287.50
$2,290.00
$2,292.50
$2,295.00
$2,297.50
$2,300.00 .
$2,302.50
$2,305.00
$2,307.50
$2,310.00
$2,312.50
$2,315.00
$2,317.50
$2,320.00
$2,322.50
$2,325.00
$2,327.50
$2,330.00
$2,332.50
$2,335.00
$903.00
$904.00
$905.00
$906.00
$907.00
$908.00
$909.00
$910.00
$911.00
$912.00
$913.00
$914.00
$915.00
$916.00
$917.00
$918.00
$919.00
$920.00
$921.00
$922.00
$923.00
$924.00
$925.00
$926.00
$927.00
$928.00
$929.00
$930.00
$931.00
$932.00
$933.00
$934.00
36
$1,567.75
$1,569.50
$1,571.25
$1,573.00
$1,574.75
$1,576.50
$1,578.25
$1,580.00
$1,581.75
$1,583.50
$1,585.25
$1,587.00
$1,588.75
$1,590.50
$1,592.25
$1,594.00
$1,595.75
$1,597.50
$1,599.25
$1,601.00
$1,602.75
$1,604.50
$1,606.25
$1,608.00
$1,609.75
$1,611.50
$1,61325
$1,615.00
$1,616.75
$1,618.50
$1,620.25
$1,622.00
$627.10
$627.80
$628.50
$629.20
$629.90
$630.60
$631.30
$632.00
$632.70
$633.40
$634.10
$634.80
$635.50
$636.20
$636.90
$637.60
$638.30
$639.00
$639.70
$640.40
$641.10
$641.80
$642.50
$643.20
$643.90
$644.60
$645.30
$646.00
$646.70
$647.40
$648.10
$648.80
Case 10-00101
OWNERS
REISSUE
AMOUNT OF
PREMIUM
COVERAGE (FULL RATE) DISCOUNT
$785,000.00
$786,000.00
$787,000.00
$788,000.00
$789,000.00
$790,000.00
$791,000.00
$792,000.00
$793,000.00
$794,000.00
$795,000.00
$796,000.00
$797,000.00
$798,000.00
$799,000.00
$800,000.00
$801,000.00
$802,000.00
$803,000.00
$804,000.00
$805,000.00
$806,000.00
$807,000.00
$808,000.00
$809,000.00
$810,000.00
$811,000.00
$812,000.00
$813,000.00
$814,000.00
$815,000.00
$816,000.00
$2,337.50
$2,340.00
$2,342.50
$2,345.00
$2,347.50
$2,350.00
$2,352.50
$2,355.00
$2,357.50
$2,360.00
$2,362.50
$2,365.00
$2,367.50
$2,370.00
$2,372.50
$2,375.00
$2,377.50
$2,380.00
$2,382.50
$2,385.00
$2,387.50
$2,390.00
$2,392.50
$2,395.00
$2,397.50
$2,400.00
$2,402.50
$2,405.00
$2,407.50
$2,410.00
$2,412.50
$2,415.00
$935.00
$936.00
$937.00
$938.00
$939.00
$940.00
$941.00
$942.00
$943.00
$944.00
$945.00
$946.00
$947.00
$948.00
$949.00
$950.00
$951.00
$952.00
$953.00
$954.00
$955.00
$956.00
$957.00
$958.00
$959.00
$960.00
$961.00
$962.00
$963.00
$964.00
$965.00
$966.00
37
Doc 6-11
Filed 03/23/10
Page 7 of 13
LENDERS
PREMIUM
REISSUE
(FULL RATE) DISCOUNT
$1,623.75
$1,625.50
$1,627.25
$1,629.00
$1,630.75
$1,632.50
$1,634.25
$1,636.00
$1,637.75
$1,639.50
$1,641.25
$1,643.00
$1,644.75
$1,646.50
$1,648.25
$1,650.00
$1,651.75
$1,653.50
$1,655.25
$1,657.00
$1,658.75
$1,660.50
$1,662.25
$1,664.00
$1,66575
$1,667.50
$1,669.25
$1,671.00
$1,672.75
$1,674.50
$1,676.25
$1,678.00
$649.50
$650.20
$650.90
$651.60
$652.30
$653.00
$653.70
$654.40
$655.10
$655.80
$656.50
$657.20
$657.90
$658.60
$659.30
$660.00
$660.70
$661.40
$662.10
$662.80
$663.50
$664.20
$664.90
$665.60
$666.30
$667.00
$667.70
$668.40
$669.10
$669.80
$670.50
$671.20
PLAINTIFFS' EXHIBIT J
LENDERS
OWNERS
AMOUNT OF
COVERAGE
$817,000.00
$818,000.00
$819,000.00
$820,000.00
$821,000.00
$822,000.00
$823,000.00
$824,000,00
$825,000.00
$826,000.00
$827,000.00
$828,000.00
$829,000.00
$830,000.00
$831,000.00
$832,000.00
$833,000.00
$834,000.00
$835,000.00
$836,000.00
$837,000.00
$838,000.00
$839,000.00
$840,000.00
$841,000.00
$842,000.00
$843,000.00
$844,000.00
$845,000.00
$846,000.00
$847,000.00
$848,000.00
PREMIUM
(FULL RATE)
$2,417.50
$2,420.00
$2,422.50
$2,425.00
$2,427.50
$2,430.00
$2,432.50
$2,435.00
$2,437.50
$2,440.00
$2,442.50
$2,445.00
$2,447.50
$2,450.00
$2,452.50
$2,455.00
$2,457.50
$2,460.00
$2,462.50
$2,465.00
$2,467.50
$2,470.00
$2,472.50
$2,475.00
$2,477.50
$2,480.00
$2,482.50
$2,485.00
$2,487.50
$2,490.00
$2,492.50
$2,495.00
REISSUE
PREMIUM
REISSUE
DISCOUNT (FULL RATE) DISCOUNT
$967.00
$968.00
$969.00
$970.00
$971.00
$972.00
$973.00
$974.00
$975.00
$976.00
$977.00
$978.00
$979.00
$980.00
$981.00
$982.00
$983.00
$984.00
$985.00
$986.00
$987.00
$988.00
$989.00
$990.00
$991.00
$092.00
$993.00
$994.00
$995.00
$996.00
$997.00
$998.00
38
$1,679.75
$1,681.50
$1,683.25
$1,685.00
$1,686.75
$1,688.50
$1,690.25
$1,692.00
$1,693.75
$1,695.50
$1,697.25
$1,699.00
$1,700.75
$1,702.50
$1,704.25
$1,706.00
$1,707.75
$1,709.50
$1,711.25
$1,713.00
$1,714.75
$1,716.50
$1,718.25
$1,720.00
$1,721.75
$1,723.50
$1,725.25
$1,72700
$1,728.75
$1,730.50
$1,732.25
$1,734.00
$671.90
$672.60
$673.30
$674.00
$674.70
$675.40
$676.10
$676.80
$677.50
$678.20
$678.90
$679.60
$680.30
$681.00
$681.70
$682.40
$683.10
$683.80
$684.50
$685.20
$685.90
$686.60
$687.30
$688.00
$688.70
$689.40
$690.10
$690.80
$691.50
$692.20
$692.90
$693.60
Case 10-00101
OWNERS
AMOUNT OF
PREMIUM
COVERAGE (FULL RATE)
$849,000.00
$850,000.00
$851,000.00
$852,000.00
$853,000.00
$854,000.00
$855,000.00
$856,000.00
$857,000.00
$858,000.00
$859,000.00
$860,000.00
$861,000.00
$862,000.00
$863,000.00
$864,000.00
$865,000.00
$866,000.00
$867,000.00
$868,000.00
$869,000.00
$870,000.00
$871,000.00
$872,000.00
$873,000.00
$874,000.00
$875,000.00
$876,000.00
$877,000.00
$878,000.00
$879,000.00
$880,000.00
$2,497.50
$2,500.00
$2,502.50
$2,505.00
$2,507.50
$2,510.00
$2,512.50
$2,515.00
$2,517.50
$2,520.00
$2,522.50
$2,525.00
$2,527.50
$2,530.00
$2,532.50
$2,535.00
$2,537.50
$2,540.00
$2,542.50
$2,545.00
$2,547.50
$2,550.00
$2,552.50
$2,555.00
$2,557.50
$2,560.00
$2,562.50
$2,565.00
$2,567.50
$2,570.00
$2,572.50
$2,575.00
Doc 6-11
REISSUE
PREMIUM
LENDERS.
REISSUI':!
DISCOUNT
(FULL RATE)
DISCOUNT
$1,735.75
$1,737.50
$1,739.25
$1,741.00
$1,742.75
$1,744.50
$1,746.25
$1,748.00
$1,749.75
$1,751.50
$1,753.25
$1,755.00
$1,756.75
$1,758.50
$1,760.25
$1,762.00
$1,763.75
$1,765.50
$1,767.25
$1,769.00
$1,770.75
$1,772.50
$1,774.25
$1,776.00
$1,777.75
$1,779.50
$1,781.25
$1,783.00
$1,784.75
$1,786.50
$1,788.25
$1,790.00
,.$694.30
$999.00
$1.000.00
$1.001.00
$1,002.00
$1,003.00
$1.004.00
$1.005.00
$1,006.00
$1.007.00
$1,008.00
$1.009.00
$1.010.00
$1.011.00
$1.012.00
$1,013.00
$1.014.00
$1.015.00
$1.016.00
$1.017.00
$1.018.00
$1.019.00
$1.020.00
$1.021.00
$1.022.00
$1,023.00
$1.024.00
$1.025.00
$1.026.00
$1.027.00
$1.028.00
$1.029.00
$.1.030.00
$695.00
$695.70
$696.40
$697.10
$697.80
$698.50.
$699.20
$699.90
$700.60
$701.30
$702.00
$702.70
$703.40
$704.10
$704.80
$705.50
$706.20
$706.90
$707.60
$708.30
$709.00
$709.70
$710.40
$711.10
$711.80
$712.50
$713.20
$713.90
$714.60
$715.30
SJ.16.oo
Filed 03/23/10
Page 8 of 13
PLAINTIFFS' EXHIBIT J
AMOUNT OF
COVERAGE
$881,000.00
$882,000.00
$883,000.00
$884,000.00
$885,000.00
$886,000.00
$887,000.00
$888,000.00
$889,000.00
$890,000.00
$891,000.00
$892,000.00
$893,000.00
$894,000.00
$895,000.00
$896,000.00
$897,000.00
$898,000.00
$899,000.00
$900,000.00
$901,000.00
$902,000.00
$903,000.00
$904,000.00
$905,000.00
$906,000.00
$907,000.00
$908,000.00
$909,000.00
$910,000.00
$911,000.00
$912,000.00
$2,577.50
$2,580.00 '
$2,582.50
$2,585.00 $1
$2,587.50 $1,035.00
$2,590.00 $1,036.00
$2,592.50 $1.037.00
$2,595.00 $1,038.00
$2,597.50 $1,039.00
$2,600.00 $1,040.00
$2,602.50 $1.041.00
$2,605.00 $1,042.00
$2,607.50 $1,043.00
$2,610.00 $1.044.00
$2,612.50 $1.045.00
$2,615.00 $1.046.00
$2,617.50 $1.047.00
$2,620.00 $1,048.00
$2,622.50 $1,049.00
$2,625.00 $1.050.00
$2,627.50 $1.051.00
$2,630.00 $1,052.00
$2,632.50 $1.053.00
$2,635.00 $1.054.00
$2,637.50 $1.055.00
$2,640.00 $1,056.00
$2,642.50 $1.057.00
$2,645.00 $1,058.00
$2,647.50 $1.059.00
$2,650.00 $1,060.00
$2,652.50 $1.061.00
$2,655.00 $1062.00
40
39
$1,795.25
$1,797.00
$1,798.75
$1,800.50
$1,802.25
$1,804.00
$1,805.75
$1,807.50
$1,809.25
$1,811.00
$1,812.75
$1,814.50
$1,816.25
$1,818.00
$1,819.75
$1,821.50
$1,823.25
$1,825.00
$1,826.75
$1,828.50
$1,830.25
$1,832.00
$1,833.75
$1,835.50
$1,837.25
$1,839.00
$1,840.75
$1,842.50
$1,844.25
$1,846.00
• $720.20
$720.90
$721.60
$722.30
$723.00
$723.70
$724.40
$725.10
$725.80
$726.50
$727.20
$727.90
$728.60
$729.30
$730.00
$730.70
$731.40
$732.10
$732.80
$733.50
$734.20
$734.90
$735.60
$736.
$737.00
$737.70
$738.40
,'~
, <
Case 10-00101
AMOUNT OF
PREMIUM
COVERAGE
(FULL RATE)
$913,000.00
$914,000.00
$915,000.00
$916,000.00
$917,000.00
$918,000.00
$919,000.00
$920,000.00
$921,000.00
$922,000.00
$923,000.00
$924,000.00
$925,000.00
$926,000.00
$927,000.00
$928,000.00
$929,000.00
$930,000.00
$931,000.00
$932,000.00
$933,000.00
$934,000.00
$935,000.00
$936,000.00
$937,000.00
$938,000.00
$939,000.00
$940,000.00
$941,000.00
$942,000.00
$943,000.00
$944,000.00
$2,657.50
$2,660.00
$2,662.50
$2,665.00
$2,667.50
$2,670.00
$2,672.50
$2,675.00
$2,677.50
$2,680.00
$2,682.50
$2,685.00
$2,687.50
$2,690.00
$2,692.50
$2,695.00
$2,697.50
$2,700.00
$2,702.50
$2,705.00
$2,707.50
$2,710.00
$2,712.50
$2,715.00
$2,717.50
$2,720.00
$2,722.50
$2,725.00
$2,727.50
$2,730.00
$2,732.50
$2,735.00
OWNERS
REISSUE
DISCOUNT
$1,063.00
$1,064.00
$1,065.00
$1,066.00
$1,067.00
$1,068.00
$1,069.00
$1,070.00
$1,071.00
$1,072.00
$1,073.00
$1,074.00
$1,075.00
$1,076.00
$1,077.00
$1,078.00
$1,079.00
$1,080.00
$1,081.00
$1,082.00
$1,083.00
$1,084.00
$1,085.00
$1,086.00
$1,087.00
$1,088.00
$1,089.00
$1,090.00
$1,091.00
$1,092.00
$1,093.00
$1,094.00
41
Doc 6-11
LENDERS
PREMIUM
REISSUE
(FULL RATE) DISCOUNT
$1,847.75
$1,849.50
$1,851.25
$1,853.00
$1,854.75
$1,856.50
$1,858.25
$1,860.00
$1,861.75
$1,86350
$1,865.25
$1,867.00
$1,868.75
$1,870.50
$1,872.25
$1,874.00
$1,875.75
$1,877.50
$1,879.25
$1,881.00
$1,882.75
$1,884.50
$1,886.25
$1,888.00
$1,889.75
$1,891.50
$1,893.25
$1,895.00
$1,896.75
$1,898.50
$1,900.25
$1,902.00
$739.10
$739.80
$740.50
$741.20
$741.90
$742.60
$743.30
$744.00
$744.70
$745.40
$746.10
$746.80
$747.50
$748.20
$748.90
$749.60
$750.30
$751.00
$751.70
$752.40
$753.10
$753.80
$754.50
$755.20
$755~90
$756.60
$757.30
$758.00
$758.70
$759.40
$760.10
$760.80
Filed 03/23/10
Page 9 of 13
AMOUNT OF
PREMIUM
COVERAGE (FULL RATE)
$945,000.00
$946,000.00
$947,000.00
$948,000.00
$949,000.00
$950,000.00
$951,000.00
$952,000.00
$953,000.00
$954,000.00
$955,000.00
$956,000.00
$957,000.00
$958,000.00
$959,000.00
$960,000.00
$961,000.00
$962,000.00
$963,000.00
$964,000.00
$965,000.00
$966,000.00
$967,000.00
$968,000.00
$969,000.00
$970,000.00
$971,000.00
$972,000.00
$973,000.00
$974,000.00
$975,000.00
$976,000.00
$2,737.50
$2,740.00
$2,742.50
$2,745.00
$2,747.50
$2,750.00
$2,752.50
$2,755.00
$2,757.50
$2,760.00
$2,762.50
$2,765.00
$2,767.50
$2,770.00
$2,772.50
$2,775.00
$2,777.50
$2,780.00
$2,782.50
$2,785.00
$2,787.50
$2,790.00
$2,792.50
$2,795.00
$2,797.50
$2,800.00
$2,802.50
$2,805.00
$2,807.50
$2,810.00
$2,812.50
$2,815.00
PLAINTIFFS' EXHIBIT J
OWNERS
LENDERS
REISSUE
PREMIUM
REISSUE
DISCOUNT (FULL RATE) DISCOUNT
$1,095.00
$1,096.00
$1,097.00
$1,098.00
$1,099.00
$1,100.00
$1,101.00
$1,102.00
$1,103.00
$1,104.00
$1,105.00
$1,106.00
$1,107.00
$1,108.00
$1,109.00
$1,110.00
$1,111.00
$1,112.00
$1,113.00
$1,114.00
$1,115.00
$1,116.00
$1,117.00
$1,118.00
$1,119.00
$1,120.00
$1,121.00
$1,122.00
$1,123.00
$1,124.00
$1,125.00
$1,126.00
42
$1,903.75
$1,905.50
$1,907.25
$1,909.00
$1,910.75
$1,912.50
$1,914.25
$1,916.00
$1,917.75
$1,919.50
$1,921.25
$1,923.00
$1,924.75
$1,926.50
$1,928.25
$1,930.00
$1,931.75
$1,933.50
$1,935.25
$1,937.00
$1,938.75
$1,940.50
$1,942.25
$1,944.00
$1,945.75
$1,94750
$1,949.25
$1,951.00
$1,95275
$1,954.50
$1,956.25
$1,958.00
$761.50
$762.20
$762.90
$763.60
$764.30
$765.00
$765.70
$766.40
$767.10
$767.80
$768.50
$769.20
$769.90
$770.60
$771.30
$772.00
$772.70
$773.40
$774.10
$774.80
$775.50
$776.20
$776.90
$777.60
$778.30
$779.00
$779.70
$780.40
$781.10
$781.80
$782.50
$783.20
Case 10-00101
OWNERS
AMOUNT OF
COVERAGE
$977,000.00
$978,000.00
$979,000.00
$980,000.00
$981,000.00
$982,000.00
$983,000.00
$984,000.00
$985,000.00
$986,000.00
$987,000.00
$988,000.00
$989,000.00
$990,000.00
$991,000.00
$992,000.00
$993,000.00
$994,000.00
$995,000.00
$996,000.00
$997,000.00
$998,000.00
$999,000.00
$1,000,000.00
$1,500,000.00
$2,000,000.00
$2,500,000.00
$3,000,000.00
$3,500,000.00
$4,000,000.00
$4,500,000.00
$5,000,000.00
PREMIUM
(FULL RATE)
$2,817.50
$2,820.00
$2,822.50
$2,825.00
$2,827.50
$2,830.00
$2,832.50
$2,835.00
$2,837.50
$2,840.00
$2,842.50
$2,845.00
$2,847.50
$2,850.00
$2,852.50
$2,855.00
$2,857.50
$2,860.00
$2,862.50
$2,865.00
$2,867.50
$2,870.00
$2,872.50
$2,875.00
$3,875.00
$4,875.00
$5,875.00
$6,875.00 .
$7,875.00
$8,875.00
$9,875.00
$10,875.00
REISSUE
DISCOUNT
$1,127.00
$1,~28.00
$1,129.00
$1,130.00
$1,131.00
$1,132.00
$1,133.00
$1,134.00
$1,135.00
$1,136.00
$1,137.00
$1,138.00
$1,139.00
$1,140.00
$1,141.00
$1,142.00
$1,143.00
$1,144.00
$1,145.00
$1,146.00
$1,147.00
$1,148.00
$1,149.00
$1,150.00
$1,550.00
$1,950.00
$2,350.00
$2,750.00
$3,150.00
$3,550.00
$3,950.00
$4,350.00
43
PREMIUM
(FULL RATE)
$1,959.75
$1,961.50
$1,963.25
$1,965.00
$1,966.75
$1,968.50
$1,970.25
$1,972.00
$1,973.75
$1,975.50
$1,977.25
$1,979.00
$1,980.75
$1,982.50
$1,984.25
$1,986.00
$1,987.75
$1,989.50
$1,991.25
$1,993.00
$1,994.75
$1,996.50
$1,998.25
$2,000.00
$2,750.00
$3,500.00
$4,250.00
$5,000.00
$5,750.00
$6,500.00
$7,250.00
$8,000.00
Doc 6-11
Filed 03/23/10
Page 10 of 13
LENDERS
REISSUE
DISCOUNT
$783.90
$784.60
$785.30
.. $786.00
$786.70
$787.40
$788.10
$788.80
$789.50
$790.20
$790.90
$791.60
$792.30
$793.00
$793.70
$794.40
$795.10
$795.80
$796.50
$797.20
$797.90
$798.60
$799.30
$800.00
$1,100.00
$1,400.00
$1,700.00
$2,000.00
$2,300.00
$2,600.00
$2,900.00
$3,200.00
PLAINTIFFS' EXHIBIT J
AMOUNT OF
COVERAGE
OWNERS
PREMIUM
(FULL RATE)
LENDERS
PREMIUM
(FULL RATE
$5,500,000.00
$11,625.00
$8,500.00
$6,000,000.00
$12,375.00
$9,000.00
$6,500,000.00
$13,125.00
$9,500.00
$7,000,000.00
$13,875.00
$10,000.00
$7,500,000.00
$14,625.00
$10,500.00
$8,000,000.00
$15,375.00
$11,000.00
$8,500,000.00
$16,125.00
$11,500.00
$9,000,000.00
$16,875.00
$12,000.00
$9,500,000.00
$17,625.00
$12,500.00
$10,000,000.00
$18,375.00
$13,000.00
$10,500,000.00
$19,125.00
$13,500.00
$11,000,000.00
$19,875.00
$14,000.00
$11,500,000.00
$20,625.00
$14,500.00
$12,000,000.00
$21,375.00
$15,000.00
$12,500,000.00
$22,125.00
$15,500.00
$13,000,000.00
$22,875.00
$16,000.00
$13,500,000.00
$23,625.00
$16,500.00
$14,000,000.00
$24,375.00
$17,000.00
$14,500,000.00
$25,125.00
$17,500.00
$15,000,000.00
$25,875.00
$18,000.00
4.4
Case 10-00101
Doc 6-11
Filed 03/23/10
Page 11 of 13
PLAINTIFFS' EXHIBIT J
ORIGINAL MORTGAGE
EAGLE POLICY TITLE INSURANCE
RATES FOR THE STATE OF MARYLAND
PER THOUSAND
Up to $250,000 of liability written ,
'
Over $250,000 and up to $500IcOOO~ add
Over $500,000 and up to $1,000,OOO,ad<:l.
Over $1,000,000 and up to $5JOOO~OOO, add'
Over $5,000,000, add
"
Minimum Premium
,$3.00
$2.4tl
$2.1(""
S1.8CJ
$1.26 '
, $120.00
Rl>ISSUE~TE$~"~_~; . '
The re-issue rate, where. ,Prj~AATEIESOQK) shalt'
be 60% of the publ,isMctniJe!l
"",,.;OrtliJWfiri~ce... fqe..'
issue rates apply up 1~(tl1.~-~'" >'" ,:'t)fthj preVtow,peIiPy only,'
MINIMUM PREMIUM:s,~~9~ir.'t,f·'/Ct~·)";'<' ' "",'
First American
Title Instirance CJmpany
c
Amount
Up to $250,000 of liability written
Over $250,000 and up to $500,000, add
Over $500,000 and up to $1,000,000, add
Over $1,000,000 and up to $5,000,000, add
Over $5,000,000, add
Minimum Premium
$4.20
,$3.60 '
c$3.00
$2.40,"
$1.80
$168.00
SIMULTANEOUS ISSUE
.
$40,000
1~~oO{~'.~'.'d~()():
41,000
123.",,,;'>172.20
42,00() " 12~;oQ't;. 1?e~4!1
43,000
132.90',:'180.60
44,000 ,,"'1~.< ,'84.80
45,000
'1~.OO,1i.189.00
46,000 '138.60"! t93~20
47,000 "'f41~O(f'197.40
48,~144.QO
201.60
205.80
49,000, ,,147.00
50,000
150.00
210;00
51,000
153.00
214.20
52,000 '156;00
218.40
53,000
159.00
222.60
54,()()()
162.00
226.80
55,000
165.00
231.00" ,
56,000
168.00
2352& "
57,000
171.00
58,000
174.00
59,000
1n.oo,
C
ORIGINAL OWNER
The MORTGAGEE'S policy, when issued simultaneously with the
OWNER'S policy, shall not exceed the amount of the OWNER'S
policy. The rate for any such MORTGAGEE'S policy shall be
$25.00
47
'.
$6(),ooo
61,000
62,000
63,000 '
64,000
65.000
",:j306~60
~:310.80
; '315.00
319.20
323.40
327.60,
331.80
. "
.;;-
"-'-
-;,
Case 10-00101
Amount
Mortgage
Premium
Owners
Premium
80,000
81,000
82,000
83,000
84,000
85,000
86,000
87,000
88,000
89,000
90,000
91,000
92,000
93,000
94,000
95,000
96,000
97,000
98,000
99,000
100,000
105,000
110,000
115,000
120,000
125,000
130,000
135,000
140,000
145,000
150,000
155,000
160,000
165,000
240.00
243.00
246,00
249.00
252.00
255.00
258.00
261.00
264.00
267.00
270.00
273.00
276.00
279.00
282.00
285.00
288.00
291.00
294.00
297.00
300.00
315.00
330.00
345.00
360.00
375.00
390.00
405.00
420.00
435.00
450.00
465.00
480.00
495.00
336.00
340.20
344.40
348.60
352.80
357.00
361.20
365.40
369.60
373.80
378.00
382.20
386.40
390.60
394.80
399.00
403.20
407.40
411.60
415.80
420.00
441.00
462.00
483.00
504.00
525.00
546.00
567.00
588.00
600.00
630.00
651.00
672.00
693.00
Amount
170,000
175,000
180,000
185,000
190,000
195,000
200,000
225,000
250,000
275,000
300,000
325,000
350,000
375,000
400,000
425,000
450,000
475,000
500,000
550,000
600,000
650,000
700,000
750,000
800,000
850,000
900,000
950,000
1,000,000
1,500,000
2,000,000
3,000,000
4,000,000
5,000,000
49
Mortgage
Premium
Doc 6-11
Filed 03/23/10
Owners
Premium
510.00
714.00
525.00
735.00
540.00
756.00
555.00
777.00
570.00
798.00
585.00
819.00
600.00
840.00
675.00
945.00
750.00 1,050.00
810.00 1,140.00
870.00 1,230.00
930.00 1,320.00
990.00 1,410.00
1,050.00 1,500.00
1,110.00 1,590.00
1,170.00 1,680.00
1,230.00 1,770.00
1,290.00 1,860.00
1,350.00 1,950.00
1,455.00 2,100.00
1,560.00 2,250.00
1,665.00 2,400.00
1,770.00 2,550.00
1,875.00 2,700.00
1,980.00 2,850.00
2,085.00 3,000.00
2,190.00 3,150.00
2,295.00 3,300.00
2,400.00 3,450.00
3,300.00 4,650.00
4,200·90 5,850.00
6,000.00 8,250.00
7,800.00 10,650.00
9,600.00 13,050.00
Page 12 of 13
PLAINTIFFS' EXHIBIT J
NOTES/UPDATES
j:
50
Case 10-00101
Doc 6-11
Filed 03/23/10
Page 13 of 13
PLAINTIFFS' EXHIBIT J
EXTENSION OF MORTGAGE L~ANS
When the debt secured by a mortgage on real property, the title to which has been
insured by this Company, is renewed by an extension agreement or is modified, a new
title p6licy (upon surrender of the policy for the original loan) or an endorsement to the
existing policy, furnishing coverage up to and including the date of recording of the
extension or modification agreementwill be issued at the following rates:
Per Thousand
Up to $250,000 of liability written
$ 1.00
Over $250,000 and up to $500,000
.50
----------------------------ever----$500,ooe-a-rtd--tJ-p--to--$--1-;OOG;OOe---------A-D---------------- ---Over $1,000,000 and up to $~OOO,OOO
.25
Over $5,000,000, add
.10
Minimum Premium
$50.00
These rates apply to routine cases. This rate does not apply if the modification is to add
additional security to the mortgage. Additional premium may be charged depending upon
the extent of services rendered. If the purpose of the modification is to increase liability,
the amount of additional liability will be charged full mortgagee rates at the applicab:'3
bracket or brackets.
Case 10-00101
Doc 6-12
Filed 03/23/10
PLAINTIFFS' EXHIBIT K
FROM:
•
F.IRIT :RESJI:ENr.IAL MRIGG: EEmCES CI:RRRZIT.lIN
SlO SYr.J.m AVENE
ENIEW:XD a.iIFFS, l\EW ~ rJ7632
Document Date: NOVEMBER 20, 2006
Closing Date: NOVEMBER 20,
Etrrl=: (201)861-0531
TO:
ATTN:
Page 1 of 3
2006
Disbursement: NOVEMBER 28, 2006
Excelente Settlements
401 N. Washington Street, 4th Floor
Rockville, Maryland 20850
(301)838-4010
Contact contact
Case No.:
Loan No.: 06MD-0000001300
App. No.:
Order No.:
RE:
Borrower(s) : Placido Salazar
Escrow No.:
6 04 E1 dr i d Dr i ve
Silver Spring, Maryland 20904
Property Address:
GENERAL CLOSING INSTRUCTIONS
Do not close or fund this loan unless ALL conditions in these closing instructions and any supplemental closing instructions
have been satisfied. The total consideration in this transaction except for our loan proceeds and approved secondary financing
must pass to you in the form of cash. Do not close or fund this loan if you have knowledge of a concurrent or subsequent
transaction which would transfer the subject property.
You must follow these instructions exactly. These closing instructions can only be modified with our advance written approval.
You shall be deemed to have accepted and to be bound by these closing instructions if you fail to notify us in writing to the
contrary within 48 hours of your receipt hereof or if you disburse any funds to or for the account of the Borrower(s).
All documents with the exception of those to be recorded (Security Instrument, Riders, Corporation Assignment(s), Grant
of the signing. Please
Deed, Quit Claim, Power of Attorney, etc.) must be returned to our office within 24 HOURS
return certified copies of those documents that are to be recorded. Failure to comply with these instructions may delay funding.
EXECUTION OF DOCUMENTS:
1.
2.
3.
Each Borrower must sign all documents exactly as his or her name appears on the blank line provided for his or her
signature. All signatures must be witnessed if required or customary. All signature acknowledgements must be executed
by a person authorized to take acknowledgements in the state of closing.
Any correction to loan documents must be approved in writing by us in advance. No white-out permitted. Approved
deletion should be made by marking a single line through the language being deleted. All additions and deletions must
be initialed by all borrowers.
All Powers of Attorney must be provided to and approved by us in advance. If approved, the Power of Attorney must
be recorded in the same county(ies) in which the Security Instrument is recorded, a certified copy provided to us.
RESCISSION:
1.
2.
3.
If the transaction is subject to rescission, provide each Borrower and each person having any ownership interest in the
security property with two (2) copies of the completed Notice of Right to Cancel. The Notice of Right to Cancel must
be properly completed (including all dates) and each borrower and person given two notices must execute an
acknowledgement of receipt. Your failure to properly complete and provide the Notices of Right to Cancel to each
person entitled to receive them will delay this closing.
No Borrower or other person having an ownership interest in the Security Property may modify or waive his or her right
to rescind without our prior written consent.
If any Borrower or other person having an ownership interest in the security property indicates that he or she wishes
to cancel this transaction, contact us immediately for further instructions.
SURVEYS:
1.
A valid survey dated within 90 days of closing is required in areas where surveys are customary.
2.
The survey must contain all relevant and customary information and certifications and the legal description, lot size and
street must agree with the appraisal and closing documents.
HAZARD INSURANCE:
1.
The Borrower(s) must provide satisfactory evidence of hazard insurance coverage and flood insurance coverage if the
Property is located in a special flood hazard area.
2.
Dwelling coverage must be equal to the lesser of the loan amount or the full replacement value of the property
improvements, and must extend for either a term of at least one (1) year after the closing date for purchase transactions
months after the closing date for refinance transactions.
or six (6)
Loss payee/mortgagee clause to read:
FIRST RESIDENTIAL MORTGAGE SERVICES CORroRATION
3.
ACKNOWLEDGED AND AGREED:
570 SYLVAN AVENUE
EN3LEWCX>D CLIFFS, NEW JERSEY 07632
Loan NLnnber: 06MD-0000001300
~-
L7~
Settletiient Agent
Contact contact
GENERAL CLOSING INSTRUCTIONS
04/26/06
DocMaglc~ 800-649-1362
www.docmagic.com
Case 10-00101
Doc 6-12
Filed 03/23/10
PLAINTIFFS' EXHIBIT K
FROM: F.IRSI' RESICENITAL ~ S!RVICES ~
570 S':lJJ.lPN AVENE
ENJ:EWXD a..;n;m, mJ ~ CJ7632
Phone: (201)861-0531
Page 2 of 3
Document Date: IDVElVIBER 20, 2006
Closing Date: IDVEMBER 20, 2006
Disbursement: IDVElVIBER 28, 2006
TO: Excelente Settlements
401 N. Washington Street, 4th Floor
Rockville, Maryland 20850
(301)838-4010
ATTN: Contact contact
Case No.:
Loan No.: 06MD-0000001300
App. No.:
Order No.:
RE:
Escrow No.:
Borrower(s): Placido Salazar
Property Address: 604 Eldrid Drive
Silver Spring, Maryland 20904
SPECIFIC CLOSING INSTRUCTIONS
LOAN DOCUMENTS:
We enclose the following documents necessary to complete the above referenced loan transaction:
(X) tbte
(X) Transfer of Servicing
(X) Vb:rkshE::ets
(X) D::e:l of Trust
(X) Initial Escl:cw Acct. Disc.
(X) Patriot Act
(X) Interest CblY Payrrent PericdStrnt.
(X) Ctnpliance Agreerent
Pildendum to tbte
(X) Rescissim tbtice
(X) Hazard Ins. Req.
(X) InJ;nmd Auth.
(X) ~ Cert.
(X) Payrrent letter
Deliver one (I) copy of all loan documents to the Borrower(s); deliver one (I) copy of the Federal Truth-In-Lending Disclosure
Statement to each Borrower.
LOAN TERMS:
ARM Loan: ( ) Yes (X) No
Index:
Margin:
Periodic Rate Cap:
Lifetime Rate Cap:
Lifetime Rate Floor:
Interest Change Date:
Payment Change Date:
Loan Purpose: REFINANCE
Loan Amount: 3 54 , 4 0 a . 00
Initial Advance:
Sales Price:
Term (Months): 3 6 0
Interest Rate: 7. 7 5 0
Initial Payment: 2 I 2 8 8 . 83
First Payment Date: 01/01/07
Last Payment Date: 12/01/36
PAYOFF REQUIREMENTS:
It is a condition to the funding of this loan that the following payoffs be made through this closing. Indicate payoffs on the
HUD·I Settlement Statement or provide other satisfactory evidence of payoff:
CONDITIONS TO BE SATISFIED PRIOR TO DISBURSEMENT OF LOAN PROCEEDS:
First
~ ~ ITU3t
l:e ill tre First liEn R::sitim.
a:rrro Hill taxes ITU3t l:e prid at clc::s:inJ.
'UEre are 2 cp:n ~ m s::h:d.llEd B-1 Lires 5 am 6 tlEt TlU'3t l:e prid pr::icr fLn±in;r.
'UEre are 6 p:iiOf:f d3:ts tlEt TlU'3t l:e prid pr::icr fu:dir.g.
WE ARE TO BE AT NO EXPENSE IN THIS TRANSACTION
TITLE INSURANCE REQUIREMENTS:
You are authorized to use funds for the account of the Borrowers and to record all instruments when you comply with the
following:
TO
1. THIS LOAN MUST RECORD IN 1ST LIEN POSITION ON OR PRIOR'
THE DISBURSEMENT DATE
NOTED ABOVE. PROVIDE DUPLICATE ORIGINALS OF THE ALTA TITLE p' ICY.
2. Vesting to read: Placido Salazar and Maria N.
Salaz~";,
//""
\
/
3. Title Policy must contain the following endorsements (or their equivalerl~:
4 . ALTA Title Policy must be free from liens. encumbrances. easements. encrollchments and oth r title matters except
(i) the lien of our loan in the amount of our loan on the property described fie~Jn sho ng the Instrument or
Document Number and the date of recording of the Security Instrument; (ii) general. specific. state. county, city.
;
school or other taxes and assessments not yet due or payable:
(iii) other items as permitted by us; and (iv) the following items as shown on the preliminary title report.
commitment. binder or eqUivalent dated
SECONDARY FINANCING:
Secondary financing in the amount of $ 8 8 , 6 a a . a 0
has been approved.
SPECIFIC CLOSING INSTRUCTIONS
05/05/05
Page 1 of 2
DocMaglc ~ 800-649-7362
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Case 10-00101
Doc 6-12
Filed 03/23/10
PLAINTIFFS' EXHIBIT K
Page 3 of 3
ESTIMATE OF FEES AND COSTS:
Fee
Fee to: Residential Appraisal
Report to: Landsafe Credit, Inc
Credit Report to: Landsafe Credit, Inc
Tax Service Fee to: FRMSC
Commitment Fee to: Service Provider
Application Fee to: Service Provider
Flood Certification Fee to: Landsafe Flood Ce
Abstract or Title Search to: Excelente Settle
Title Examination to: Excelente Settlements
Title Insurance Binder to: Excelente Settleme
Document Preparation Fee to: Excelente Settle
Title Insurance to: Service Provider
Courier Fee to: Service Provider
2nd. half Taxes to: Other
Release to: Other
4,252.8
$350.00
27 00
.
50.00
78.00
$450.00
$350.00
$12.00
$195.00
65.00
50.00
50.00
$1,002.00
$85.00
$1,543.98
$150.00
-1
$50.00
1
Borrower
Borrower
Borrower
Borrower
Borrower
Borrower
Borrower
Borrower
Borrower
Borrower
Borrower
Borrower
Borrower
Borrower
Borrower
Borrower
Subtotal of Estimated Fees and Costs: $ _ _-=8:...L,--=6-=.0-=..6..::....7.:. .;8=PER DIEM INTEREST:
From: 11/28/06
To:12/ 01/ 06
(Anticipated Closing Date)
_3::::..-_ days at $ _ _---.:7--=6;...;.:...;:2::...:9:c..4;::..4=-.,_
per day
$ _ _---=2=2=8;..:.. .:::.88=-
Subtotal of Per Diem Interest:
IMPOUNDS/ESCROWS:
Impound/escrow checks should be made payable to and sent to us together with the original final HUD-l Settlement Statement.
4
month(s) at $
49.17 per month = olL$_-=.19..,.;6>w->.6,,-,8,,2
month(s) at $ 257.34 per month = olL$_--'-51
...4.......,.6...,,8__
month(s) at $
per month = olL$_ _ _ __
month(s) at $
per month = ....
$ _ _ _ __
per month = ....
$ _ _ _ __
month(s) at $
Aggregate Escrow Adjustment:
$ _ _-~9.!.!8",-,-,.3,,5.L
Impound Subtotal:
Mortgage Ins. Premium:
TOTAL OF FEES AND COSTS:
$ _ _----..:6=-=1=3:..:...-",01=$ - - - - - - ' - ' .O"-'O~
$ ==~9==,4~4~8!=.~67-f=
HUD·1 SETTLEMENT STATEMENT:
The final HUD-l Settlement Statement must be completed at settlement and must accurately reflect all receipts and
disbursements indicated in these closing instructions and any amended closing instructions subsequent hereto. If any changes
to fees occur documents may need to be re-drawn and re-signed, Fax a certified copy of the final HUD-l Settlement Statement
to FIRST RESIDENTIAL MORTGAGE SERVICES CORPORATION
Attention: Quality Assurance. Send the original final HUD-l Settlement Statement to us at the following address within 24
hours of settlement: 570 SYLVAN AVENUE, ENGLEWOOD CLIFFS, NEW JERSEY 07632
ADDITIONAL INFORMATION: BORROWER MUST SIGN AND DATE THESE CLOSING INSTRUCTIONS.
If for any reason this loan does not close within 24 hours of your receipt of funds, immediately return all documents to Lender
and wire all funds only to: FIRST RESIDENTIAL MORTGAGE SERVICES CORPORATION
570· SYLVAN AVENUE, ENGLEWOOD CLIFFS, NEW JERSEY 07632
If you have any questions regarding any of these instructions, please contact FIRST RESIDENTIAL MORTGAGE
SERVICES CORPORATION
at(201) 861-0531
.
MENT: I/We have read and acknowledged receipt of these Closing Instructions.
(0
Cp=---' _ _ _ _ _- - ; : : - : -
Borrower
Date
Borrower
Date
Borrower
Date
Borrower
Date
Borrower
Date
ACKNOWLEDGED AND AGREED:
(../"'Settlement Agent
Contact contact
DocMaglc ~ 800·649·1362
SPECIFIC CLOSING INSTRUCTIONS
05/05/05
Page 2 of 2
www.docmagic.com
Case 10-00101PLAINTIFFS'
Doc 6-13 Filed
03/23/10
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EXHIBIT
Excelente Settlements - Produced 01/29/2010
Case
10-00101
Doc 6-14
Filed 03/23/10
Page 1 of 7
ES Page 210 of 356
PLAINTIFFS' EXHIBIT M
«tease No. 05-05-0506R
".,6., ·/:~)3
After Recording Mail To:
BELTWAY TITLE &ABSTRACT, INC.
9470 Annapolis Rd., #117 --'
Lanham, Maryland 20706
Attention: Post Closing
~de
I;
Title Insurer:
QJft:is
Commonwealth land Tit\a Ina. Co.
Tax NC#
5' fBb ·3~(g l~
.
this 17th day of October, 2005, by and between Kelly W. Gray, hereinafter referred to as "the
Grantor", party of the first part; and Placido Salazar Claros and Maria N. Salazar, hereinafter referred to as "the
Grantees", parties of the second part.
- CWttnesseth ..
6lft.at
in consideration of the sum of Four Hundred Ten Thousand And 00/100 Do11ars ($410,000.00), and
other good and valuable consideration, the receipt of which is hereby acknowledged, the said Grantor does hereby
grant and assign unto the said Grantees, their personal representatives, heirs and assigns, as Tenants by the Entirety,
~1 that piece or parcel of ground situate, lying and being in Montgomery County, Maryland and described as follows,
<;thmely:
:::..
3-
Q.
£
..-
g
~'.l.!'
-'
I1iD'ij'.timbered Fifteen (15) in Block Numbered Two (2), in the subdivision known as "WOODLAWN
·...,I~CE", as per plat thereof recorded among the Land Records of Montgomery County, Maryland in
~f!~~ok 12 at plat 846.
"- :'..J:~~'''::
a::~
~~ffuperty being located in the 5th Election District of said County.
- - ( - ')
·-0·c:
..·
Cj3etna
all of the same land obtained by Deed recorded in Liber 27437 at folio 67 among the Land Records of
Montgomery County, Maryland.
6lOaetFter with the buildings thereupon, and the rights, alleys, ways, waters, privileges, appurtenances
and advantages thereto belonging or in anywise appertaining.
Su&ject to all easements, covenants and restrictions of record.
C£'l the execution of this deed, the party of the first part hereby certify under the penalties of perjury that
the actual consideration paid or to be paid, including the amount of any Mortgage or Deed of Trust outstanding, is the
sum total of $41 0000.00.
IMP ~\ EGRE
~(j.8i·
,
j:;.;:rn~ITr::·::: ~;::.:
.~~;, ;;.~,
.~. .v_, .L: ... l\ ... ,_'... .Jai;.6 ..
-Altd the said party of the first part hereby covenants that she has not done or suffe,Jijj~1ttii'ii~e
any !<i2t',~~
Witt.
1v~:t";"tJ~
matter or thing whatsoever, to encumber the property hereby conveyed; that she will warrantF~c~~ the ~.5~~!.i2:
hereby granted; and that she will execute such further assurances of the same as may be requisW~P:
3::';';
Blk t 78;'~
Oc1',
'\Vitness my hand and seal:
MONTGOl'l1tRY COUNTY, MD
APPROVED BY
lfHt:
.
OCT 262005
$dl/'IlJ. OQ
RECORDATION TAX PAID
.()j)
TRANSFER TAX PAID
$
*()()
Printed 10/17/2005 at2:3 I PM
2b~ 2~~£5
-----'--'~~='~=__t"~L-::iJ:....-,C~_~---T---{SEAL}
KellYW~)
l~~~~8~ F'[
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PLAINTIFFS' EXHIBIT M
Page 2 of 7
r'
Deed
I ..
From: Kelly W. Gray
To: Placido Salazar Claros and Maria N. Salazar
Page 2 of2
Stateof~~4
County of OContoOntert ss:
q
Certify that on this 17th day of October, 2005, before me, the subscriber, a Notary
<Here~
Public in and for the jurisdiction aforesaid, personally appeared Kelly W. Gray, known to me (or satisfactorily
proven) to be the person whose name is subscribed to the within instrument, and acknowledged the same for the
purposes therein contained, and further acknowledged the foregoing Deed to be her act, and in my presence signed
and sealed the same, giving oath under penalties of perjury that the consideration recited herein is correct.
f
CJn '\Vitness CWt~eof I have set my hand and offic~,a't seal this 17th day of October, 2005.
,. '
, ','
11~
..- - '~~~?~
=
I(~
• (£;
/
"
q
I
:""':;"':
CHere~
:.-'"
Notary Public
My commission expires: _ _ _ _ __
i', ., ~?, ~~2~'
Certify that the within instrument was prepared
Attorney duly admitted to practice before the Court of Appeals of Maryland.
John J. Dwyer
TAX ID NUMBER(S):
05-00385212
AFTER RECORDING, PLEASE RETURN TO:
Beltway Title and Abstract, Inc.
Post Closing Department
9470 Annapolis Road
Suite 117
Lanham, Maryland 20706
604 Eldrid Drive
Silver S rin ,MD 20904
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PLAINTIFFS' EXHIBIT M
Page 3 of 7
DATE 11/06/2006
CIRCUIT COURT FOR MONTGOMERY COUNTY
S6.5
TIME 11:08:54
LAND RECORDS (INQUIRY (SEARCH NAME))
1924
COUNTY: 15
PLACE AN 'X' NEXT TO THE RECORD(S) YOU WISH TO DISPLAY AND PRESS <ENTER>.
===========================================================================
FIND PARTY'S LAST NAME: CLAROS
(OPTIONAL) FIRST NAME: PLACID
X
*
GR/
GE
INST NAME
GE DEED
GR DEEDy
T
GR DEED TR '
+ NAME/CORPORATION
CLAROS, PLACIDO SALAZAR
CLAROS, PLACIDO SALAZAR
CLAROS, PLACIDO SALAZAR
DATE
BOOK PAGE
2005-10-26 31085 0651
2005-10-26 31085 0658
2005-10-26 31085 0673
e
~. N~
lafJA-', ~
¥h~
-- I
\~J
PA2: EXIT
F8: PREVIOUS
END OF DATA
ENTER: PAGING
p/ F
PAGE 0001 OF 0001
e
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PLAINTIFFS' EXHIBIT M
b58
Tax Account Tdentitication Number/Parcei Identifier Number:
After RecordIng Mall To:
Tille Insurer.
BELTWAY TITLE & AS STRACT, INC.
"Commonwealth Land Tille IRL \Il1o
9470 Annapolis Rd., #117
Tax NC# :a-kD-- 1>~O'.)..,';}" Lanham, Maryland 20706
Attention: Post Closing
n m
MONTd G"'O"l\1'1;i'itR,",y Ci"JIEO""'UNTI'IIY",MnI'1D~-[PURCHASEorMONE)J-------APPROVEDBY_~~=-___
DEED OF TRUST
MIN 1001278-0000724496-4
Loan ID II
OCT 26 2005
$~RECOROATION TAX PAID
$"..tt.J..tJ-TRANSFER TAX PAID
DEP[NITIONS
Words used ill multiple sections of this document are defined below and other words are defined in Sections 3,
II, 13, 18,20 and 21. Certain rules regarding the usage of words used in this document are also provided ill
Section 16.
(A) "Security Instrument" means this document, which is dated October 17th, 2005
with all Riders to this document.
(B) "Borrower" is PLACIDO SALAZAR CLAROS and MARIA SALAZAR, TENANTS BY
V
ENTIRETY
N.
Borrower is the trustor under this Security Instrument.
, together
THZ~~\ -
(C) "Lender" is
FIDELITY" TRUST MORTGAGE, INC
. Lender is a
CORPORATION
under the laws of
THE STATE OF MARYLAND
7000 WISCONSIN AVENUE, CHEVY CHASE, MARYLAND 20815
(D) "Trustee" is ROBERT N. TYSON, JR
organized and existing
Lender's address is
(E) "MERS" is Mortgage Electrouic Registration Systems, Inc. MERS is a separate corporation that is acting
solely as a nomim:e for Lender and Lender's successors and assigns. MERS is the beneficiary under this
Security Instrument. MERS is organized and existing under the laws of Delaware, and has an address and
telephone number of P _O. Box 2026, Flint, Michigan 48501-2026. tel. (888) 679-MERS.
(F) "Note" means the promissory note signed by Borrower and dated October 17th,
2005
. The
Note states that Borrower owes Lender Three Hundred Twenty Eight Thousand and no/100- - - - - - - - - - - - - - - - - Dollars (U.S. $ 328,000.00
) plus interest. Borrower
has promised to pay this debt in regular Pt:riodic Payments and to pay the debt in full not later than
November
1st,
2035
(G) "Property" means the property that is dt:scribed below under the heading "Transfer of Righl~ ill the
Property. "
(II) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due
under the Note, and all sums due under this Security Instrument. plus interest.
(1) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders
are to be executed by Borrower [check box as applicable]:
IMP F0 SlRt:
Kl Adjustable Rate Rider
Balloon Rider
o 1·4 Family Rider
o
o
o
o
Condominium Rider
PlalUled Uuit Development Rider
Biweekly Payment Rider
o
o
].,
~W~:
Other(s)
:~~:
(J) "Applicable Law" means all controlling applicable federal, state and local statutes,
2~,~'-j
~0,0~
Rc:~·t i LL~~
Bt.h
regulat~,28tdfrifrlces
Bh: i
and admiuistrative rules and orders (that have the effect of law) as well as all applicable tinal, uon-appealable
judicial opinions.
(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other
charges that are imposed on Borrower or (he Property by a condominiulll association, homeowners association
or similar organization_
Initials: _ _ _ _ __
,,'
MARYLAND-Single F.mily--FOUlllle MBe/Freddi. Mac UNIFORM INSTRUMENT
MDCMMI -12062002
'.-
:D .'E:!
Second ~'.n-, '[\t~~e~lE
Fonn 3021 1101 (page I of JJ pages)
www.MurtgH.geBankingSystems.com
78~'i
j4;~j
F'E!
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PLAINTIFFS' EXHIBIT M
i·
,,
I
Page 5 of 7
bbO
"
«.
Case Number: 05-05-0506R
Property: 604 Eldrid Drive, Silver Spring, MD 20904
"
. Sche4uCeA
Lot Numbered Fifteen (15) in Block Numbered Two (2), in the subdivision known as
"WOODLAWN TERRACE", as per plat thereof recorded among the Land Records of
Montgomery County, Maryland in Plat Book 12 at plat 846.
Said property being located in the 5th Election District of said County.
CBetnO all of the same land obtained by Deed recorded in Liber 27437 at folio
67 among the Land Records of Montgomery County, Maryland.
Printed 10117/2005 at 10:41 :45 AM
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PLAINTIFFS' EXHIBIT M
,
b13
"
\'
".
Tax Account Identification Number/Parcel Identifier Number:
After Recording Mail To:
BELTWAY TITLE & ABSTRACT, INC.
9470 Annapolis Rd., #117
Lanham, Maryland 20706
Attention: Post Closing
PURCRASE MONEY
DEED OF TRUST
Loan ID It 724497
MIN 1001278-0000724497-2
THIS DEED OPTRUSTis made this
17th
dayof October,
2005
,amongtheGrantor
PLACIDO SALAZAR CLAROS and MARIA SALAZAR, TENANTS BY THE ENTIRETY
"H. H~~··"(.'
.
(herein "Borrower"), ROBERT N. TYSON, JR
.
(herein "Trustee"), and the beneticiary, Mortgage Electronic Registration Systems, Inc. ("MERS"), (solely as
nOnllllee for Lender, as hereinafter defined, and Lender's successors and assigns). MERS is organized and
existing under the laws of Delaware, and has an address and telephone number of P.O. Box 2026, Plint, MI
48501·2026, tel. (888) 679·MERS.
Ii'IDELITY & TRUST MORTGAGE, INC
, ("Lender") is organized and existing under the laws of
THE STATE Oli' MARYLAND
, and has an address of 7000 WISCONSIN AVENUE,
CHEVY CHASE, MARYLAND 20815
BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably
grants and conveys to Trustee, in trust, with power of sale, the following described property located in the
, State of Maryland:
County of MONTGOMERY
SEE ATTACHMENT A ATTACHED HERETO AND MADE A PART HEREOF
MONTGOMeRY COUNTY, MD
2~.0~
~li,~~
APPROVED BY_'dll
...........
'£"'-_ _
~.~~
OCT 2 6 2005
f::r· . . t\ iG:i .. 2::·
Bl:{ :j 7Bt"'2
$~RECORfJATION TAX PAlO '
$4/.lt..-
whkb has the address of
Maryland
0(i6~ F2
TRANSFER TAX PAID
20904
IZIP Cud.l
604 ELDRID DRIVE,
[Strootl
(herein "Property Address");
SILVER SPRING
[Cityl
TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights,
appurtenances and rents (subject however to the rights and authorities given herein to Lender to collect and
apply such rents), all of which shall be deemed to be and remain a part of the property covered by this Deed of
Trust; and all of the foregoing, together with said property (or the leasehold estate if this Deed of Trust is on a
leasehold) are hereinafter referred to as the "Property." Borrower understands and agrees that MERS holds
only legal title to the interests granted by Borrower in this Deed of Trust; but, if necessary to comply with law
or custom, MERS, (as nominee for Lender and Lender's successors and assigIlS), has the right: to exercise any
or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and take any
action required of Lender including, but not limited to. releasing or canceling this Deed of Trust.
TO SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated
October 17th, 2005
and exteIlSialls and renewals thereof (herein "Note"), in the principal sum of
U .S. $ B2 , 000 • 00
, with interest thereon, providing for monthly installments of principal and interest,
with the balance of the indebtedness, if not sooner paid, due and payable on November 1st, 2035
fnitials: _ _ _--:--:-:=
MARYLAND· SECOND MORTGAGE· liMO. FNMAIFHLMC UNUDR!\1 INSTRUMENT
MD2MMI • 121620U2
l'age 1 of (,
Amended 4198
Fonn 3fi21
www.MortgftgeBrulkiJ.1fgSystems.com
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PLAINTIFFS' EXHIBIT M
,
Page 7 of 7
,
131085'
«.
Case Number: 05-05-0506AR
~!
Property: 604 Eldrid Drive, Silver Spr~~g, MD 20904
b18
\\ ScfteauCe A
Lot Numbered Fifteen (15) in Block Numbered Two (2), in the subdivision known as
"WOOD LA WN TERRACE", as per plat thereof recorded among the Land Records of
Montgomery County, Maryland in Plat Book 12 at plat 846.
Said property being located in the 5th Election District of said County.
Printed 10117/2005 at 10:53:02 AM
Case 10-00101PLAINTIFFS'
Doc 6-15 Filed
03/23/10
EXHIBIT
N
ROBERT
J.
Page 1 of 3
HAEGER
ATTO/{i\'EY A~rj) Cm':\'\EUm AT LA\\
9535 FERN HOLLOW WAY
GAITHERSBURG, MARYLAND 20886-1430
ADMITIED TO PRACTICE IN
MARYLAND AND CALIFORNIA
Board Certified - Consumer Bankruptcy Law American Board of Certification
301-670-9787
FAX 301-670-6291
November 19, 2009
William F. Aldinger III, President
Wells Fargo Bank, National Association, as
Trustee for Certificate holders of Bear
Stearns Asset Backed Securities I LLC,
Asset Backed Certificates, Series 2007-AC2
299 South Main Street
Salt Lake City, UT 84111-1901
Wells Fargo Bank, National Association
c/o EMC Mortgage Corporation, Agent
909 Hidden Ridge #200
Irving, TX 75038
Wells Fargo Bank, National Association
c/o EMC Mortgage Corporation
2780 Lake Vista Drive
Lewisville, TX 75067-3884
William F. Aldinger III, President
Wells Fargo Bank, National Association, as
Trustee for Certificate holders of Bear
Stearns Asset Backed Securities I LLC,
Asset Backed Certificates, Series 2007-AC2
Attn: BK Department, 1 Home Campus
P.O. Box 10335
Des Moines, IA 50328
Wells Fargo Bank, National Association, as
Trustee for Certificate holders of Bear
Stearns Asset Backed Securities I LLC,
Asset Backed Certificates, Series 2007-AC2
c/o Jacob Geesing, Esquire
Bierman, Geesing & Ward, LLC
4520 East West Highway, Suite 200
Bethesda, MD 20814
by US Mail and Fax: 301-961-6545
First Residential Mortgage Services Corp.
570 Sylvan Avenue
Englewood Cliffs. NJ 07632
by US Mail and Fax: 201-758-2800
Re:
Salazar, Placido & Maria N. (a/k/a Placido Salazar Claros)("Consumers")
Loan No. 0017937558; Refinance Loan Dated 11120/06
Foreclosure Case No. 322440V
604 Eldrid Drive, Silver Spring, MD 20904
Dear Ladies And Gentlemen:
I represent the Consumers concerning the loan transaction which they entered into with
First Residential Mortgage Services Corporation (FRMSC) on November 20, 2006. I have been
authorized by my clients to rescind this transaction and hereby exercise that right pursuant to the
Federal Truth in Lending Act, 15 U.S.C. § 1635, Regulation Z § 226.23. In addition, the
Consumers reserve all rights to raise additional or alternative grounds for rescission under state
or federal law.
----------------------------Case 10-00101PLAINTIFFS'
Doc 6-15 Filed
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EXHIBIT
N
Page 2 of 3
The Truth in Lending disclosure statement received by my clients was defective in a
number of ways. As a result, my clients' right of rescission has been extended for three years
from the date of the transaction. See § 15 U.S.C. 1635(f). The material defects include but are
not limited to the following: My clients did not receive an accurate disclosure of the amount
FRMSC financed, the finance charge, and the annual percentage rate due to, inter alia, the
inclusion of settlement charges in the amount financed that were not bona fide and reasonable,
and an understatement of the finance charge when compared to how the holder of this loan
actually assesses the finance charge.
My clients wish to keep their home. Once you have effected rescission, we will be
prepared to discuss a tender obligation, should it arise, and satisfactory ways in which my clients
may meet this obligation. Please provide me with an itemization of the loan disbursements, the
loan charges, the current principal balance, and all payments received from my client, so that we
may determine the exact amount needed for tender.
The security interest held by you is void upon mailing of this notice. See 15 U.S.C. §
1635; Regulation Z § 226.23. Pursuant to Regulation Z, you have twenty days after receipt of
this notice of rescission to return to my clients all monies paid and to take all action necessary or
appropriate to reflect termination of the security interest, failing which you will be responsible
for actual and statutory damages pursuant to 15 U.S.C. § 1640(a).
Robert 1. Haeger, Attorney for the Consumers
cc: Clients
2
----~------
Case 10-00101PLAINTIFFS'
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EXHIBIT
N
Page 3 of 3
BROADCAST REPORT
TIME
NAME
FAX
TEL
SER.#
11/19/2009 12:27
HAEGER LAW LLC
3015705291
3015709787
000A5J429451
02
PAGE(S)
DATE
TIME
FAX NO./NAME
11/19
11/19
12:25
12:27
1201 7582800
3019515545
BUSY:
NG
CV :
PC :
BUSYINO RESPONSE
POOR LINE CONDITION
COVERPAGE
PC-FAX
DURATION
49
35
PAGE(S)
RESULT
02
02
OK
OK
COMMENT
ECM
ECM
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Page 1 of 1
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Q
Page 1 of 3
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Q
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Q
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