deeds of trust by smilingpolitely

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									CHAF LIEN RELEASE CHECKLIST
1. APPLICANT NAME(S) ______________________________________________________ 2. PROPERTY ADDRESS______________________________________________________ 3. This was a Repair ____ Replacement ____ SARF for Homeowners ____ CHAF loan. (Check appropriate blank.) 4. Date CHAF Promissory Note was executed/signed: _________________. Date CHAF Deed of Trust was executed/signed: ____________________. Date CHAF Deed of Trust was filed/recorded: ______________________. Date Supplemental (2nd) CHAF Promissory Note was executed, if any: _____________. Date Supplemental (2nd) CHAF Deed of Trust was executed, if any: _______________. Date Supplemental (2nd) CHAF Deed of Trust was filed, if any: ___________________. (If no CHAF Promissory Note or Deed of Trust exists, please attach explanation.) 5. If CHAF-assisted property is a mobile/manufactured home, was the title cancelled with DMV? yes_______ no________. If not, is the local government listed as the first lien holder on the mobile home title? yes_______ no________. 6. Are the CHAF Note(s) and Deed(s) of Trust for the full amount of the CHAF loan? yes_______ no________. (If not, please attach explanation.) 7. TAX RECEIPT FOR CURRENT YEAR PROVIDED (PAID IN FULL)? yes_______ no________ (“YES” indicates that no back taxes are owed.) 8. LAST DATE OF PAYMENT FOR PROPERTY TAXES: _________________________ 9. WERE THE FIRST YEAR HOMEOWNERS INSURANCE AND FLOOD INSURANCE PREMIUMS PURCHASED BY THE CHAF PROGRAM? yes_______ no________ 10. WERE CURRENT INSURANCE STATEMENTS PROVIDED? yes______ no______ (a) Flood Insurance yes______ no______ coverage date _____________to____________ (b) Homeowners yes______ no______ coverage date______________to____________ (c) Fire yes______ no______ coverage date______________to____________ (d) Wind and Hail yes______ no______ coverage date ______________to____________ 11. IS THERE A PRIOR MORTGAGE ON THE HOME? IF YES, IS THE MORTGAGE CURRENT? (Please attach documentation.) yes______ no_______ yes______ no_______

This document is provided as a sample only and is not intended to make any express or implied representations with respect to the type or kind of CHAF Lien Release Checklist or other form that should be used by the local government. This CHAF Lien Release Checklist is provided by the N.C. Redevelopment Center Raleigh Office as a sample only for the CHAF Repair, Replacement, and SARF for Homeowners Assistance Programs, and is not provided for the purpose of rendering legal advice to the local government. The local government should consult with its city, town or county attorney prior to releasing or cancelling its lien.

Page 2 of 3 12. HAVE ANY ADDITIONAL DEEDS OF TRUST OR LIENS BEEN FILED ON THE HOME SINCE THE RECORDING OF THE CHAF LIEN? yes______ no_______ IF YES, ARE THEY CURRENT? (Please attach documentation.) 13. WAS THE CHAF LOAN ASSUMED? (If yes, please attach documentation.) 14. WAS THE CHAF LOAN ASSIGNED? (If yes, please attach documentation.) yes_______ no________

yes______ no_______

yes______ no_______

15. WAS THE CHAF NOTE AND DEED OF TRUST SUBORDINATED? (If yes, please attach documentation.) yes______ no_______ 16. WAS THE CHAF HOME SOLD? (If yes, please attach documentation.) yes______ no_______

17. IS THE APPLICANT DELINQUENT ON ANY FEDERAL DEBT (E.G. VAGUARANTEED MORTGAGE, TITLE I LOAN, FEDERAL STUDENT LOAN, SMALL BUSINESS ADMINISTRATION LOAN, DELINQUENT FEDERAL TAXES, ETC.), OR STATE DEBT (INCLUDING, BUT NOT LIMITED TO, DELINQUENT STATE TAXES) OR CHILD SUPPORT PAYMENTS, OR HAS A LIEN BEEN PLACED AGAINST THE APPLICANT’S PROPERTY FOR A DEBT OWED TO THE UNITED STATES OR THE STATE OF NORTH CAROLINA OR FOR A DELINQUENT CHILD SUPPORT OBLIGATION? yes_______ no________ (If yes, please attach documentation.) 18. DOES THE APPLICANT STILL RESIDE IN THE CHAF HOME AS HIS/HER PRIMARY RESIDENCE? yes_______ no________ 19. ARE THE CHAF APPLICANTS STILL LIVING? yes_______ no________

20. HAS THE APPLICANT OR ANYONE ELSE COMMITTED OR PERMITTED ANY WASTE ON THE PROPERTY, SUCH THAT THE HOME IS NOT IN GOOD ORDER, REPAIR AND CONDITION (REASONABLE WEAR AND TEAR EXCEPTED)? yes_______no________ 21. IS THE CHAF HOME BEING RENTED? 22. IS THE CHAF HOME BEING USED AS A BUSINESS? 23. IS THE APPLICANT IN BANKRUPTCY? yes_______no________ yes_______no________ yes_______no________

This document is provided as a sample only and is not intended to make any express or implied representations with respect to the type or kind of CHAF Lien Release Checklist or other form that should be used by the local government. This CHAF Lien Release Checklist is provided by the N.C. Redevelopment Center Raleigh Office as a sample only for the CHAF Repair, Replacement, and SARF for Homeowners Assistance Programs, and is not provided for the purpose of rendering legal advice to the local government. The local government should consult with its city, town or county attorney prior to releasing or cancelling its lien.

Page 3 of 3 24. HAS THE APPLICANT DEFAULTED? yes_______ no________ If the answer is yes, please briefly describe all events of default in the space below: ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ 25. HAS THE APPLICANT MET ALL OF THE OTHER REQUIREMENTS OF THE CHAF PROGRAM? yes_______ no________ 26. RECOMMEND LIEN RELEASE AT THIS TIME? yes_______ no________

(Please note that if any of the following occur or exist, then the CHAF applicant is in default and the CHAF lien cannot be released: 1) There is no CHAF Note and Deed of Trust for the CHAF Replacement home; 2) The CHAF Note and Deed of Trust are not for the full amount of CHAF assistance provided, there is no Supplemental (2nd) CHAF Note and Deed of Trust, and the CHAF Replacement home is not a mobile home; 3) The CHAF applicant owes delinquent taxes; 4) The CHAF applicant does not have adequate insurance, including homeowners and flood insurance; 5) Prior Mortgage is not current; 6) Additional Deeds of Trust or Liens have been filed on the home since the recording of the CHAF lien without the permission or authorization of the local government and the NCRC; 7) The CHAF loan was assumed, assigned or subordinated without the permission or authorization of the local government and the NCRC; 8) The CHAF home was sold; 9) The CHAF applicant is delinquent on federal or state debt; 10) The CHAF applicant does not reside in the home as his/her primary residence and the reason for non-occupancy is not due to health; 11) The CHAF applicant(s) are no longer living and the home is occupied by persons other than the CHAF applicant(s)’ family member(s); 12) The CHAF Home is damaged, not in good order, repair and condition, reasonable wear and tear excepted; 13) The CHAF home is rented, used as rental property, a secondary residence, or occupied by tenant-at-will; 14) The CHAF home is used as a business; 15) The CHAF applicant is in bankruptcy; or 16) The CHAF applicant(s) or homeowner(s) are otherwise in default.)

COMPLETED BY: ___________________________ TITLE: ___________________________ DATE: ___________________________

This document is provided as a sample only and is not intended to make any express or implied representations with respect to the type or kind of CHAF Lien Release Checklist or other form that should be used by the local government. This CHAF Lien Release Checklist is provided by the N.C. Redevelopment Center Raleigh Office as a sample only for the CHAF Repair, Replacement, and SARF for Homeowners Assistance Programs, and is not provided for the purpose of rendering legal advice to the local government. The local government should consult with its city, town or county attorney prior to releasing or cancelling its lien.


								
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