Lakeview Loan Servicing, LLC v. Dorothy M. Williams

IN THE DISTRICT COURT OF TULSA COUNTY STATE OF OKLAHOMA LAKEVIEW LOAN SERVICING, LLC, Plaintiff, v. DOROTHY M WILLIAMS, JOHN DOE OCCUPANT, IF ANY, SPOUSE OF DOROTHY M. WILLIAMS, IF MARRIED, FEDERAL HOME LOAN BANK OF TOPEKA AND AMBASSADOR OPERATIONS, LLC, Defendants. Case No. CJ-2026-00948 REBECCA NIGHTINGALE PETITION COMES NOW the Plaintiff, Lakeview Loan Servicing, LLC, and for its cause of action against the Defendants named above, alleges and states as follows: 1. The Plaintiff was at all times hereinafter mentioned, and now is, duly organized, existing, and authorized to bring this action. That the subject real property is situated in Tulsa County, Oklahoma. Therefore, this court has jurisdiction over the parties and subject matter. Further, venue is properly laid pursuant to 12 O.S. 131 & 142. 2. On August 3, 2015, the original executor(s) for good and valuable consideration, executed and delivered to the Payee, a written Promissory Note promising to pay the holder thereof, the original principal sum of $43,762.00 with interest thereon at the rate of 5.75000% per annum and other charges payable as provided therein. A true and correct copy of the Note is attached hereto as Exhibit "A" and incorporated herein by reference and made a part hereof. 3. As part of the same transaction, and to secure the indebtedness owed under the Promissory Note, the owner(s) of the hereinafter-described real estate made, executed, and delivered to Plaintiff a written real estate purchase money mortgage and therein and thereby mortgage and conveyed the following described real estate situated in Tulsa County, State of Oklahoma, to-wit: Lot Thirteen (13), Block Eight (8), SUBURBAN ACRES SECOND ADDITION to the City of Tulsa, State of Oklahoma, according to the Recorded Plat thereof. PROPERTY ADDRESS: 561 E 42ND PLACE NORTH, TULSA, OK 74106 together with all the buildings, fixtures, appurtenances, hereditaments and improvements now or hereafter erected on the property and all other rights appertaining or belonging thereunto said property. 4. On August 17, 2015, said mortgage, duly executed and acknowledged according to law with mortgage tax paid thereon, was duly recorded in the office of the County Clerk of Tulsa County, Oklahoma, in Document 2015073615. Said Mortgage is a good and valid first lien. A true and correct copy of the Mortgage is attached hereto as Exhibit "B" and incorporated herein by reference and made a part hereof. 5. The Mortgage was subsequently assigned to Lakeview Loan Servicing, LLC, by virtue of an assignment of mortgage (the “Assignment of Mortgage”) recorded on December 5, 2025 in Official records in Document 2025110221. A true and correct copy of the Assignment of Mortgage is attached hereto as Exhibit “C” and incorporated herein by reference and made a part hereof. 6. Plaintiff is in possession of, is the holder of, and is entitled to enforce said note. Plaintiff has complied with all of the terms, conditions precedent and provisions of said Note and Mortgage, and is duly empowered to bring this suit. 7. The Note and Mortgage provide that if default occurs in the payment of any of the monthly installments, or on failure or neglect to keep or perform any of the other conditions and covenants of the mortgage, that the entire principal, accrued interest, and all other sums secured by said mortgage, shall at once become due and payable, at the option of the holder thereof, and the holder shall be entitled to foreclose said mortgage and recover the unpaid principal thereon and all expenditures of the mortgagee made thereunder, with interest thereon, and to have said premises sold and the proceeds applied to the payment of the indebtedness secured thereby, together with all legal and necessary expense and all costs. 8. That default has occurred in that the monthly installment payment due on August 1, 2025, or subsequent payments have not been paid as provided by the Note and Mortgage. That the Plaintiff hereby declares the whole of said indebtedness due and payable, and elects to have the Mortgage foreclosed and the mortgage premises sold to satisfy the indebtedness; and that the option to waive or not waive appraisement of said premises will be exercised at the time of foreclosure judgment. 9. That there is due and owing on said Note and Mortgage the principal sum of $36,449.00 with accrued interest thereon at the rate of 5.75000% per annum or at the current adjustable rate from July 1, 2025, until paid; together with accrued and accruing abstracting expenses, late charges, property preservation expenses, costs of this action, advances for taxes, advances for insurance premiums, a reasonable attorney’s fee, and any other necessary funds advanced hereafter through completion of this action, as provided for in said Note and Mortgage. 10. That the following Defendants may claim an interest in the subject property, the exact nature of which is unknown except as hereinafter stated, but that any interest of the defendant(s) are junior, inferior and subject to the lien created and established by the Mortgage in favor of Plaintiff. The defendant(s) should appear and defend in this action and prove the superiority of his interest in the Property to that of Plaintiff. Failing that, the defendant`s right, title and interests in or to the Property should be declared junior and inferior to those of Plaintiff, and the same ordered foreclosed subject to Plaintiff`s Mortgage and mortgage lien. John Doe may be claiming some right, title and/or interest in and to the Property, which may include an interest by reason of occupancy, ownership, or otherwise. Spouse of Dorothy M Williams, if married, may be claiming some right, title and/or interest in and to the Property, which may include an interest by reason of marriage, homestead interest, or otherwise. Ambassador Operations, LLC, d/b/a The Ambassador Skilled Nursing and Therapy, by reason of a certain statement of judgment as recorded in Document 2025101212 , records of said county and state. Federal Home Loan Bank of Topeka may be claiming some interest/ title due to one Jr. mortgage held by Federal Home Loan Bank of Topeka, dated November 30, 2022 and recorded December 28, 2018, in Document 2018115795, and attached hereto as Exhibit “D”. WHEREFORE, premises considered, Plaintiff prays for judgment in rem against the Defendant(s), in the principal sum of $36,449.00, with interest accruing at the rate of 5.75000% per annum or at the current adjustable rate from July 1, 2025, until paid, together with accrued and accruing abstracting expenses, late charges, property preservation expenses, costs of this action, advances for taxes, advances for insurance premiums, a reasonable attorney’s fee, and any other necessary funds advanced hereafter through completion of this action, as provided for in said Note and Mortgage. That Plaintiff further have judgment in rem against all Defendants adjudging Plaintiff’s mortgage to be a valid and subsisting first lien on the real estate and premises described for the full amount of the judgment; that said mortgage be foreclosed, that said real estate be sold, with or without appraisement, at sheriff’s sale to satisfy the indebtedness secured thereby. That all of said Defendant’s be required to appear and set forth any right, title, claim or interest which they have, or may have, in and to said real estate and premises; that the Court adjudicate that all of said claims are subject, junior, and inferior to the mortgage, lien and judgment of this Plaintiff; and that upon confirmation of said sale, the Defendants herein and each of them, and all persons claiming by, through or under them, since the commencement of this action, be forever barred, foreclosed, and enjoined from asserting or claiming any right, title, interest, estate or equity of redemption in and to said premises or any part thereof; and that it recover such other and further relief as may be just and equitable. MARINOSCI LAW GROUP, P.C. Arnetta J. Porter OBA# 34757 2601 NW Expressway, Suite 710W Oklahoma City, OK 73112 Telephone: (405) 252-9500 Facsimile: (405) 242-4395 Email: [email protected] ATTORNEYS FOR PLAINTIFF CERTIFIED TRUE COPY: By Eric T. Granicle Esq. NOTE MIN: __________________________ Loan Number: ______________________ FHA Case No. ______________________ AUGUST 3, 2015 [Date] EAST HARTFORD [City] CONNECTICUT [State] 561 EAST 42ND PLACE NORTH, TULSA, OKLAHOMA 74106 [Property Address] 1. BORROWER'S PROMISE TO PAY In return for a loan that I have received, I promise to pay U.S. $ 43,762.00 (this amount is called "Principal"), plus interest to the order of the Lender. The Lender is 1ST ALLIANCE LENDING, LLC, A CONNECTICUT LIMITED LIABILITY COMPANY 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 5 .750 %. 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 1st day of each month beginning on SEPTEMBER 1 , 2015 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 will be applied to interest and other items in the order described in the Security Instrument before Principal. If, on AUGUST 1, 2045 , 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 P.O. BOX 8068, VIRGINIA BEACH, VIRGINIA 23450 or at a different place if required by the Note Holder. (B) Amount of Monthly Payments My monthly payment will be in the amount of U.S. $ 255.38 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 any 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; 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 I owe 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 4 .000 % of the overdue amount of each payment. 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 I owe 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 any one 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 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 I owe 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. [REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] WITNESS THE HAND(S) AND SEAL(S) OF THE UNDERSIGNED. [Signature] (Seal) DOROTHY M. WILLIAMS - Borrower ______________________________ (Seal) -Borrower ______________________________ (Seal) -Borrower ______________________________ (Seal) -Borrower ______________________________ (Seal) -Borrower [Sign Original Only] Loan Originator: STEVEN CAVANAUGH, NMLSR ID 1145931 Loan Originator Organization: 1ST ALLIANCE LENDING, NMLSR ID 2819 ALLONGE Loan Number: [REDACTED] Loan Date: AUGUST 3, 2015 Borrower(s): DOROTHY M. WILLIAMS Property Address: 561 EAST 42ND PLACE NORTH, TULSA, OKLAHOMA 74106 Principal Balance: $43,762.00 PAY TO THE ORDER OF Without Recourse Company Name: 1ST ALLIANCE LENDING, LLC, A CONNECTICUT LIMITED LIABILITY COMPANY By: /s/ Lissa Ivan (Title) Poa Closing Mgr After Recording Return To: 1ST ALLIANCE LENDING, LLC 111 FOUNDERS PLAZA, SUITE 1300 EAST HARTFORD, CONNECTICUT 06108 Loan Number: [redacted] RETURN TO: Oklahoma Land Title Services, LLC 310 West Main, Suite 304 Ardmore, OK 73401 AFTER RECORDING, PLEASE RETURN TO: LVC Title & Escrow, LLC The Summit West 300 Centerville Road, Suite 103 Warwick, RI 02886 MORTGAGE MIN: [redacted] THIS MORTGAGE ("Security Instrument") is given on AUGUST 3, 2015 The mortgagor is DOROTHY M. WILLIAMS, a single person ("Borrower"). This Security Instrument is given to Mortgage Electronic Registration Systems, Inc. ("MERS") as Mortgagee. MERS is the nominee 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, Flint, MI 48501-2026, tel. (888) 679-MERS. 1ST ALLIANCE LENDING, LLC ("Lender") is organized and existing under the laws of CONNECTICUT and has an address of 111 FOUNDERS PLAZA, SUITE 1300, EAST HARTFORD, CONNECTICUT 06108 Borrower owes Lender the principal sum of FORTY-THREE THOUSAND SEVEN HUNDRED SIXTY-TWO AND 00/100 Dollars (U.S.$43,762.00). This debt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on AUGUST 1, 2045. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower does hereby mortgage, grant and convey to MERS (solely as nominee for Lender and Lender's successors and assigns) and to the successors and assigns of MERS, with power of sale, the following described property located in TULSA County, Oklahoma: SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF AS EXHIBIT "A". A.P.N.: 40825-02-13-08870 which has the address of 561 EAST 42ND PLACE NORTH [Street] TULSA, Oklahoma 74106 ("Property Address"): [City] [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 of those 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 or canceling this Security Instrument. BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, 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 of Principal, Interest and Late Charge. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and late charges due under the Note. 2. Monthly Payment of Taxes, Insurance, and Other Charges. Borrower shall include in each monthly payment, together with the principal and interest as set forth in the Note and any late charges, a sum for (a) taxes and special assessments levied or to be levied against the Property, (b) leasehold payments or ground rents on the Property, and (c) premiums for insurance required under paragraph 4. In any year in which the Lender must pay a mortgage insurance premium to the Secretary of Housing and Urban Development ("Secretary"), or in any year in which such premium would have been required if Lender still held the Security Instrument, each monthly payment shall also include either: (i) a sum for the annual mortgage insurance premium to be paid by Lender to the Secretary, or (ii) a monthly charge instead of a mortgage insurance premium if this Security Instrument is held by the Secretary, in a reasonable amount to be determined by the Secretary. Except for the monthly charge by the Secretary, these items are called "Escrow Items" and the sums paid to Lender are called "Escrow Funds." Lender may, at any time, collect and hold amounts for Escrow Items in an aggregate amount not to exceed the maximum amount that may be required for Borrower's escrow account under the Real Estate Settlement Procedures Act of 1974, 12 U.S.C. §2601 et seq. and implementing regulations, 12 C.F.R. Part 1024, as they may be amended from time to time ("RESPA"), except that the cushion or reserve permitted by RESPA for unanticipated disbursements or disbursements before the Borrower's payments are available in the account may not be based on amounts due for the mortgage insurance premium. If the amounts held by Lender for Escrow Items exceed the amounts permitted to be held by RESPA, Lender shall account to Borrower for the excess funds as required by RESPA. If the amounts of funds held by Lender at any time are not sufficient to pay the Escrow Items when due, Lender may notify the Borrower and require Borrower to make up the shortage as permitted by RESPA. The Escrow Funds are pledged as additional security for all sums secured by this Security Instrument. If Borrower tenders to Lender the full payment of all such sums, Borrower's account shall be credited with the balance remaining for all installment items (a), (b), and (c) and any mortgage insurance premium installment that Lender has not become obligated to pay to the Secretary, and Lender shall promptly refund any excess funds to Borrower. Immediately prior to a foreclosure sale of the Property or its acquisition by Lender, Borrower's account shall be credited with any balance remaining for all installments for items (a), (b), and (c). 3. Application of Payments. All payments under paragraphs 1 and 2 shall be applied by Lender as follows: FIRST, to the mortgage insurance premium to be paid by Lender to the Secretary or to the monthly charge by the Secretary instead of the monthly mortgage insurance premium; SECOND, to any taxes, special assessments, leasehold payments or ground rents, and fire, flood and other hazard insurance premiums, as required; THIRD, to interest due under the Note; FOURTH, to amortization of the principal of the Note; and FIFTH, to late charges due under the Note. 4. Fire, Flood and Other Hazard Insurance. Borrower shall insure all improvements on the Property, whether now in existence or subsequently erected, against any hazards, casualties, and contingencies, including fire, for which Lender requires insurance. This insurance shall be maintained in the amounts and for the periods that Lender requires. Borrower shall also insure all improvements on the Property, whether now in existence or subsequently erected, against loss by floods to the extent required by the Secretary. All insurance shall be carried with companies approved by Lender. The insurance policies and any renewals shall be held by Lender and shall include loss payable clauses in favor of, and in a form acceptable to, Lender. In the event of loss, Borrower shall give Lender immediate notice by mail. Lender may make proof of loss if not made promptly by Borrower. Each insurance company concerned is hereby authorized and directed to make payment for such loss directly to Lender, instead of to Borrower and to Lender jointly. All or any part of the insurance proceeds may be applied by Lender, at its option, either (a) to the reduction of the indebtedness under the Note and this Security Instrument, first to any delinquent amounts applied in the order in paragraph 3, and then to prepayment of principal, or (b) to the restoration or repair of the damaged Property. Any application of the proceeds to the principal shall not extend or postpone the due date of the monthly payments which are referred to in paragraph 2, or change the amount of such payments. Any excess insurance proceeds over an amount required to pay all outstanding indebtedness under the Note and this Security Instrument shall be paid to the entity legally entitled thereto. In the event of foreclosure of this Security Instrument or other transfer of title to the Property that extinguishes the indebtedness, all right, title and interest of Borrower in and to insurance policies in force shall pass to the purchaser. 5. Occupancy, Preservation, Maintenance and Protection of the Property; Borrower's Loan Application; Leaseholds. Borrower shall occupy, establish, and use the Property as Borrower's principal residence within sixty days after the execution of this Security Instrument (or within sixty days of a later sale or transfer of the Property) and shall continue to occupy the Property as Borrower's principal residence for at least one year after the date of occupancy, unless Lender determines that requirement will cause undue hardship for Borrower, or unless extenuating circumstances exist which are beyond Borrower's control. Borrower shall notify Lender of any extenuating circumstances. Borrower shall not commit waste or destroy, damage or substantially change the Property or allow the Property to deteriorate, reasonable wear and tear excepted. Lender may inspect the Property if the Property is vacant or abandoned or the loan is in default. Lender may take reasonable action to protect and preserve such vacant or abandoned Property. Borrower shall also be in default if Borrower, during the loan application process, gave materially false or inaccurate information or statements to Lender (or failed to provide Lender with any material information) in connection with the loan evidenced by the Note, including, but not limited to, representations concerning Borrower's occupancy of the Property as a principal residence. If this Security Instrument is on a leasehold, Borrower shall comply with the provisions of the lease. If Borrower acquires fee title to the Property, the leasehold and fee title shall not be merged unless Lender agrees to the merger in writing. 6. Condemnation. The proceeds of any award or claim for damages, direct or consequential, in connection with any condemnation or other taking of any part of the Property, or for conveyance in place of condemnation, are hereby assigned and shall be paid to Lender to the extent of the full amount of the indebtedness that remains unpaid under the Note and this Security Instrument. Lender shall apply such proceeds to the reduction of the indebtedness under the Note and this Security Instrument, first to any delinquent amounts applied in the order provided in paragraph 3, and then to prepayment of principal. Any application of the proceeds to the principal shall not extend or postpone the due date of the monthly payments, which are referred to in paragraph 2, or change the amount of such payments. Any excess proceeds over an amount required to pay all outstanding indebtedness under the Note and this Security Instrument shall be paid to the entity legally entitled thereto. 7. Charges to Borrower and Protection of Lender's Rights in the Property. Borrower shall pay all governmental or municipal charges, fines and impositions that are not included in paragraph 2. Borrower shall pay these obligations on time directly to the entity which is owed the payment. If failure to pay would adversely affect Lender's interest in the Property, upon Lender's request Borrower shall promptly furnish to Lender receipts evidencing these payments. If Borrower fails to make these payments or the payments required by paragraph 2, or fails to perform any other covenants and agreements contained in this Security Instrument, or there is a legal proceeding that may significantly affect Lender's rights in the Property (such as a proceeding in bankruptcy, for condemnation or to enforce laws or regulations), then Lender may do and pay whatever is necessary to protect the value of the Property and Lender's rights in the Property, including payment of taxes, hazard insurance and other items mentioned in paragraph 2. Any amounts disbursed by Lender under this paragraph shall become an additional debt of Borrower and be secured by this Security Instrument. These amounts shall bear interest from the date of disbursement at the Note rate, and at the option of Lender shall be immediately due and payable. 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; (b) contests in good faith the lien by, or defends against enforcement of the lien in, legal proceedings which in the Lender's opinion operate to prevent the enforcement of the lien; 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 may attain priority over this Security Instrument, Lender may give Borrower a notice identifying the lien. Borrower shall satisfy the lien or take one or more of the actions set forth above within 10 days of the giving of notice. 8. Fees. Lender may collect fees and charges authorized by the Secretary. 9. Grounds for Acceleration of Debt. (a) Default. Lender may, except as limited by regulations issued by the Secretary in the case of payment defaults, require immediate payment in full of all sums secured by this Security Instrument if: (i) Borrower defaults by failing to pay in full any monthly payment required by this Security Instrument prior to or on the due date of the next monthly payment, or (ii) Borrower defaults by failing, for a period of thirty days, to perform any other obligations contained in this Security Instrument. (b) Sale Without Credit Approval. Lender shall, if permitted by applicable law (including section 341(d) of the Garn-St. Germain Depository Institutions Act of 1982, 12 U.S.C. 1701j-3(d)) and with the prior approval of the Secretary, require immediate payment in full of all sums secured by this Security Instrument if: (i) All or part of the Property, or a beneficial interest in a trust owning all or part of the Property, is sold or otherwise transferred (other than by devise or descent), and (ii) The Property is not occupied by the purchaser or grantee as his or her principal residence, or the purchaser or grantee does so occupy the Property, but his or her credit has not been approved in accordance with the requirements of the Secretary. (c) No Waiver. If circumstances occur that would permit Lender to require immediate payment in full, but Lender does not require such payments, Lender does not waive its rights with respect to subsequent events. (d) Regulations of HUD Secretary. In many circumstances regulations issued by the Secretary will limit Lender's rights, in the case of payment defaults, to require immediate payment in full and foreclose if not paid. This Security Instrument does not authorize acceleration or foreclosure if not permitted by regulations of the Secretary. (e) Mortgage Not Insured. Borrower agrees that if this Security Instrument and the Note are not determined to be eligible for insurance under the National Housing Act within 60 DAYS from the date hereof, Lender may, at its option require immediate payment in full of all sums secured by this Security Instrument. A written statement of any authorized agent of the Secretary dated subsequent to 60 DAYS from the date hereof, declining to insure this Security Instrument and the Note, shall be deemed conclusive proof of such ineligibility. Notwithstanding the foregoing, this option may not be exercised by Lender when the unavailability of insurance is solely due to Lender's failure to remit a mortgage insurance premium to the Secretary. 10. Reinstatement. Borrower has a right to be reinstated if Lender has required immediate payment in full because of Borrower's failure to pay an amount due under the Note or this Security Instrument. This right applies even after foreclosure proceedings are instituted. To reinstate the Security Instrument, Borrower shall tender in a lump sum all amounts required to bring Borrower's account current including, to the extent they are obligations of Borrower under this Security Instrument, foreclosure costs and reasonable and customary attorneys' fees and expenses properly associated with the foreclosure proceeding. Upon reinstatement by Borrower, this Security Instrument and such obligations shall remain in effect as if Lender had not required immediate payment in full. However, Lender is not required to permit reinstatement if: (i) Lender has accepted reinstatement after the commencement of foreclosure proceedings within two years immediately preceding the commencement of a current foreclosure proceeding, (ii) reinstatement will preclude foreclosure on different grounds in the future, or (iii) reinstatement will adversely affect the priority of the lien created by this Security Instrument. 11. Borrower Not Released; Forbearance by Lender Not a Waiver. Extension of the time of payment or modification of amortization of the sums secured by this Security Instrument granted by Lender to any successor in interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successors in interest. Lender shall not be required to commence proceedings against any successor in interest or 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 Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. 12. Successors and Assigns Bound; Joint and Several Liability; Co-Signers. The covenants and agreements of this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions of paragraph 9(b). Borrower's covenants and agreements shall be joint and several. Any Borrower who co-signs this Security Instrument but does not execute the Note: (a) is co-signing this Security Instrument only to mortgage, grant and convey that Borrower'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 may agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without that Borrower's consent. 13. Notices. Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by first class mail to Lender's address stated herein or any address Lender designates by notice to Borrower. Any notice provided for in this Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. 14. Governing Law; Severability. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. 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. To this end the provisions of this Security Instrument and the Note are declared to be severable. 15. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument. 16. Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the Property that is in violation of any Environmental Law. 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. Borrower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action 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. If Borrower learns, or is notified by any governmental or regulatory authority, that any removal or other remediation of any Hazardous Substances affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. As used in this paragraph 16, "Hazardous Substances" are those substances defined as toxic or hazardous substances by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As used in this paragraph 16, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or environmental protection. NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 17. Assignment of Rents. Borrower unconditionally assigns and transfers to Lender all the rents and revenues of the Property. Borrower authorizes Lender or Lender's agents to collect the rents and revenues and hereby directs each tenant of the Property to pay the rents to Lender or Lender's agents. However, prior to Lender's notice to Borrower of Borrower's breach of any covenant or agreement in the Security Instrument, Borrower shall collect and receive all rents and revenues of the Property as trustee for the benefit of Lender and Borrower. This assignment of rents constitutes an absolute assignment and not an assignment for additional security only. If Lender gives notice of breach to Borrower: (a) all rents received by Borrower shall be held by Borrower as trustee for benefit of Lender only, to be applied to the sums secured by the Security Instrument; (b) Lender shall be entitled to collect and receive all of the rents of the Property; and (c) each tenant of the Property shall pay all rents due and unpaid to Lender or Lender's agent on Lender's written demand to the tenant. Borrower has not executed any prior assignment of the rents and has not and will not perform any act that would prevent Lender from exercising its rights under this paragraph 17. Lender shall not be required to enter upon, take control of or maintain the Property before or after giving notice of breach to Borrower. However, Lender or a judicially appointed receiver may do so at any time there is a breach. Any application of rents shall not cure or waive any default or invalidate any other right or remedy of Lender. This assignment of rents of the Property shall terminate when the debt secured by the Security Instrument is paid in full. 18. Foreclosure Procedure. If Lender requires immediate payment in full under paragraph 9, Lender may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 18, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If Lender invokes the power of sale, Lender shall give notice in the manner required by applicable law to Borrower and any other persons prescribed by applicable law. Lender shall also publish the notice of sale, and the Property shall be sold, as prescribed by applicable law. Lender or its designee may purchase the Property at any sale. The proceeds of the sale shall be applied in the manner prescribed by applicable law. If the Lender's interest in this Security Instrument is held by the Secretary and the Secretary requires immediate payment in full under paragraph 9, the Secretary may invoke the nonjudicial power of sale provided in the Single Family Mortgage Foreclosure Act of 1994 ("Act") (12 U.S.C. 3751 et seq.) by requesting a foreclosure commissioner designated under the Act to commence foreclosure and to sell the Property as provided in the Act. Nothing in the preceding sentence shall deprive the Secretary of any rights otherwise available to a Lender under this paragraph 18 or applicable law. 19. Release. Upon payment of all sums secured by this Security Instrument, Lender shall release this Security Instrument. Borrower shall pay any recordation costs unless applicable law provides otherwise. 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 permitted under applicable law. 20. Waiver of Appraisement. Appraisal of the Property is waived or not waived at Lender's option, which shall be exercised before or at the time judgment is entered in any foreclosure. 21. Assumption Fee. If there is an assumption of this loan, Lender may charge an assumption fee of U.S. $500, as a maximum amount, depending on whether the assumption includes a release of liability. 22. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)]. ☐ Condominium Rider ☐ Planned Unit Development Rider ☐ Non-Owner Occupancy Rider ☐ Graduated Payment Rider ☐ Adjustable Rate Rider ☐ Other [Specify] ☐ Growing Equity Rider ☐ Rehabilitation Loan Rider [REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] NOTICE OF POWER OF SALE A power of sale has been granted to this Security Instrument. A power of sale may allow the Lender to take the Property and sell it without going to court in a foreclosure action upon default by Borrower under this Security Instrument. BY SIGNING BELOW, Borrower accepts and agrees to the terms contained in pages 1 through 9 of this Security Instrument and in any rider(s) executed by Borrower and recorded with it. DOROTHY M. WILLIAMS (Seal) -Borrower Witness: Witness: [Space Below This Line For Acknowledgment] State of OKLAHOMA County of TULSA This instrument was acknowledged before me on 3 Aug. 2015 by DOROTHY M. WILLIAMS Joan Spengler Signature of notarial officer Notary Public Title (and Rank) My commission expires: 02-29-2016 Loan Number: [redacted] Date: AUGUST 3, 2015 Property Address: 561 EAST 42ND PLACE NORTH TULSA, OKLAHOMA 74106 EXHIBIT "A" LEGAL DESCRIPTION Lot Thirteen (13), Block Eight (8), SUBURBAN ACRES SECOND ADDITION to the City of Tulsa, Tulsa County, State of Oklahoma, according to the Recorded Plat thereof. A.P.N. #: 40825-02-13-08870 When Recorded Return To: LoanCare, LLC C/O Nationwide Title Clearing, LLC 2100 Alt. 19 North Palm Harbor, FL 34683 ASSIGNMENT OF MORTGAGE FOR GOOD AND VALUABLE CONSIDERATION, the sufficiency of which is hereby acknowledged, the undersigned, MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC ("MERS"), AS MORTGAGEE, AS NOMINEE FOR IST ALLIANCE LENDING, LLC, ITS SUCCESSORS AND ASSIGNS, (ASSIGNOR), (MERS Address: P.O. Box 2026, Flint, Michigan 48501-2026) by these presents does convey, grant, assign, transfer and set over the described Mortgage; all liens, and any rights due or to become due thereon to LAKEVIEW LOAN SERVICING, LLC, WHOSE ADDRESS IS 4425 PONCE DE LEON BLVD., MS 5-251, CORAL GABLES, FL 33146, ITS SUCCESSORS AND ASSIGNS, (ASSIGNEE). Said Mortgage bearing the date 08/03/2015, made by DOROTHY M. WILLIAMS (current owner) to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. AS MORTGAGEE, AS NOMINEE FOR IST ALLIANCE LENDING, LLC, ITS SUCCESSORS AND ASSIGNS, and recorded in Doc. # 2015073615, in the records of the County Clerk of TULSA County, Oklahoma, to wit: LOT THIRTEEN (13), BLOCK EIGHT (8), SUBURBAN ACRES SECOND ADDITION TO THE CITY OF TULSA, TULSA COUNTY, STATE OF OKLAHOMA, ACCORDING TO THE RECORDED PLAT THEREOF. IN WITNESS WHEREOF, MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. ("MERS"), AS MORTGAGEE, AS NOMINEE FOR IST ALLIANCE LENDING, LLC, ITS SUCCESSORS AND ASSIGNS has caused these presents to be signed by its VICE PRESIDENT this 04th day of December in the year 2025. MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. ("MERS"), AS MORTGAGEE, AS NOMINEE FOR IST ALLIANCE LENDING, LLC, ITS SUCCESSORS AND ASSIGNS By: /s/ Susan Hicks SUSAN HICKS VICE PRESIDENT All persons whose signatures appear above have qualified authority to sign and have reviewed this document and supporting documentation prior to signing. STATE OF FLORIDA COUNTY OF PINELAS The foregoing instrument was acknowledged before me by means of [X] physical presence or [ ] online notarization on this 04th day of December in the year 2025, by Susan Hicks as VICE PRESIDENT of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. ("MERS"), AS MORTGAGEE, AS NOMINEE FOR IST ALLIANCE LENDING, LLC, ITS SUCCESSORS AND ASSIGNS, who, as such VICE PRESIDENT being authorized to do so, executed the foregoing instrument for the purposes therein contained. He/she/they is (are) personally known to me. /s/ Vicky McCoy VICKY McCOY COMM. EXPIRES: 12/18/2026 VICKY McCOY Notary Public - State of Florida Commission # FN 328479 Jay Comer, Expires Dec 11, 2026 Bound through National Notary Assn. Return this recorded document to: or, fax copy to: REAL ESTATE RETENTION AGREEMENT This Real Estate Retention Agreement (the "Agreement") is made, entered into and effective on the date of its execution by the last of the parties hereto to execute the same (the "Effective Date"). For purposes of this Agreement, the following terms shall have the meanings set forth in this document: "FHLBank" shall refer to Federal Home Loan Bank of Topeka, located at 500 SW Wanamaker, Topeka, KS 66606. "Member" shall refer to BOKF, NA (FHLBank's Member), located at Bank of Oklahoma Tower, One Williams Center, Tulsa, Oklahoma 74172. "Borrower(s)" shall refer to Dorothy Williams. For and in consideration of receiving direct subsidy funds in this amount: Four Thousand Seven Hundred Twenty-Four Dollars ($ 4,724.00) (the "Subsidy") under the Affordable Housing Program (the "AHP"), in accordance with 12 U.S.C. 1430(j), 12 CFR Part 1291, and the AHP Implementation Plan (the "Rules"), with respect to certain real property located at 561 East 42nd Place North, in the City/Town of Tulsa, County of Tulsa, State of Oklahoma. which is more fully described as follows: Subdivision: SUBURBAN ACRES SECOND Legal: LT. 13 BLK 6 Section: 13 Township: 20 Range: 12 (or as attached hereto as Exhibit A and made a part hereof) (the "Property"). Borrower hereby agrees to maintain ownership of and reside in the Property as their primary residence for a period of five years (60 months) (the "Retention Period") from (a) the closing date for the purchase of the Property as evidenced by the closing disclosure, or (b) the Effective Date of this Agreement for owner-occupied rehabilitation projects. Borrower further agrees that: 1. FHLBank, at P.O. Box 176, Topeka, KS 66601-0176, Attention: Housing and Community Development, is to be given immediate written notice of any sale or refinancing of this Property occurring before the end of the Retention Period. 2. In the case of the sale or refinancing of the Property before the end of the Retention Period (including a transfer or assignment of the title or deed to another owner, subject to certain exceptions outlined herein), Borrower shall repay to FHLBank from any net gain realized upon the sale or refinancing of the Property an amount equal to a pro rata share of the direct Subsidy that financed the purchase, construction, or rehabilitation of the Property, reduced for every month Borrower occupied the unit, as calculated by FHLBank per the methodology found on FHLBank's website, unless: (i) the Property was assisted with a permanent mortgage loan funded by an AHP-subsidized advance; (ii) the Property is sold to a very low-, low-, or moderate-income household, or proxy for such household, which is defined as having not more than 80% of the area median income; or (iii) following a refinancing, the Property continues to be subject to a deed restriction or other legally enforceable retention agreement or mechanism as required by the Rules. 3. In the case of a foreclosure, deed-in-lieu of foreclosure, or assignment of the first mortgage to the Secretary of HUD, FHLBank must be given notice of such events, and the obligation to repay the direct Subsidy to FHLBank shall terminate upon the final settlement or disposition of the foreclosure, deed-in-lieu of foreclosure, or assignment. Upon the death of Borrower, this Agreement terminates and there is no obligation to repay the Subsidy. 4. The Subsidy is provided to Borrower as a grant, subject to the Retention Period. There is no obligation to repay the Subsidy, except as described in this Agreement, and there shall be no interest charged on this Subsidy. 5. Borrower agrees to properly record this Agreement with respect to the Property at Borrower's expense. 6. Upon request and satisfaction of the terms required by this Agreement, FHLBank agrees to release this Agreement without charging a processing fee. Borrower agrees to record the release of this Agreement at Borrower's expense. 7. Borrower waives the rights of presentment and notice of dishonor. Presentment means the right to require FHL Bank to demand payment of amounts due. Notice of dishonor means the right to require FHL Bank to give notice to other persons that amounts due have not been paid. 8. Borrower acknowledges FHL Bank may request additional documentation to assist with finalizing any disposition of the Property that occurs during the Retention Period. Borrower agrees to reasonably comply with any such requests for additional documentation. 9. If any part of this Agreement is or shall be deemed violative of any applicable laws, rules or regulations, such legal invalidity shall not void this Agreement, or affect the remaining terms and provisions of this Agreement, and this Agreement shall be construed and interpreted to comport with all such laws, rules or regulations to the maximum extent possible. Borrower: Signature: Dorothy M Williams Printed Name: Dorothy Williams Date: 12/28/2018 Borrower: Signature: ____________________________ Printed Name: _______________________ Date: ________________________________ STATE OF Oklahoma ) COUNTY OF Tulsa ) ss. The foregoing instrument was acknowledged before me on this 28th day of December 2018. by Dorothy Williams Kimberly Rolston Signature (Notary Public) Typed or Printed Name My Commission Expires: 6/1/2020 (seal) Kimberly Rolston NOTARY PUBLIC # 16005369 EXP. 6/1/2020 STATE OF OKLAHOMA