My WebLink
|
Help
|
About
|
Sign Out
Browse
201200380
LFImages
>
Deeds
>
Deeds By Year
>
2012
>
201200380
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/19/2012 3:43:54 PM
Creation date
1/17/2012 8:52:35 AM
Metadata
Fields
Template:
DEEDS
Inst Number
201200380
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
10
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
�Q���O��U <br />Any amounts disbursed by Lender under this paragraph shall become an additional debt of Borrower and be <br />secured by this Security Instrument. These amounts shall bear interest from the date of disbursement, at the <br />Note rate, and at the option of Lender, shall be immediately due and payable. <br />Borrower shall prompfly discharge any lien which has priority over this Security Instrument unless Borrower <br />(a} agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender; <br />(b) contests in good faith the lien by, or defends against enforcement of the lien in, legal proceedings which <br />in the Lender's opinion operate to prevent the enforcement of the lien; or (c) secures from the holder of the <br />lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender <br />determines that any part of the Property is subject to a lien which may attain priority over this Security <br />Instrument, Lender may give Borrower a notice identifying the lien. Borrower shall satisfy the lien or take <br />one or more of the actions set forth above within 10 days of the giving of notice. <br />8. Fees. Lender ma.y collect fees and charges authorized by the 5ecretary. <br />9. Grounds for Acceleration of Debt. <br />(a) Def�ult. Lender may, except as limited by regulations issued by the 5ecretary, in the case of payment <br />defaults, require immediate payment in full of all sums secured by this Security Instrument if: <br />(i) Borrower defaults by failing to pay in full any monthly gayment required by this Security <br />Instrument prior to or on the due date of the next monthly payment, or <br />(u) Borrower defaults by failing, for a period of thirty days, to perForm any other obligadons <br />contained in this Security Instrument. <br />(b) Sele Without Credit Approval. Lender shall, if permitted by applicable law (including Section <br />341(d) of the Garn-St. Germain Depository Institutions Act of 1982, 12 U.S.C. 1701j-3(d)) and with <br />the prior approval of the Secretary, require immediate payment in full of all sums secured by this <br />Security Instrument if: <br />(i) All or part of the Property, or a beneficial interest in a trust owning all or part of the Property, is <br />sold or otherwise transferred (other than by devise or descent), and <br />(ii) The Property is not occupied by the purchaser or grantee as his or her principal residence, or the <br />purchaser or grantee does so occupy the Progeriy but his or her credit has not been approved in <br />accordance with the requirements of the Secretary. <br />(c) No Waiver. ff circumstances occur that would permit Lender to require immediate payment in full, but <br />Lender does not require such payments, Lender does not waive its rights with respect to subsequent <br />events. <br />(d) Regulations of HUD Secretary. In many circumstancesregulations issued by the Secretary will limi.t <br />Lender's rights, in the case of payment defaults, to require immediate payment in full and foreclose if <br />not paid. This Security Instrument does not authorize accelera.tion or foreclosure if not permitted by <br />regulations of the Secretary. <br />1e) Mortgage Not Insured. Borrower agrees that if this Security Instrument and the Note aze not <br />determined to be eligible for insurance under the National Housing Act within 60 days from the date <br />hereof, Lender may, at its option, require immediate payment in full of all sums secured by this <br />Security Instrument. A written statement of any authorized agent of the Secretary dated subsequent to <br />60 days from the date hereof, declining to insure this Security Instrument and the Note, shall be <br />deemed conclusive proof of such ineligibility. Notwithstanding the foregoing, this option may not be <br />FHA Deed o} Trust-NE 4 � 6 <br />VMP � VMP4AINE) (11061.00 <br />Woltere Kluwai Flnanclal Sarvicas Page 6 of 10 <br />
The URL can be used to link to this page
Your browser does not support the video tag.