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201201745
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Last modified
3/14/2012 1:54:09 PM
Creation date
3/6/2012 11:45:50 AM
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DEEDS
Inst Number
201201745
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201201745 <br /> designated a substitute notice address by noticz to Lender. Borro��✓er shall promptly notify Lender of <br /> Borrower's change of addresa If Lender specifies a procedure for reporting Borrowei s chan�c of address, <br /> fl�en Borrower shall only report a cliange of address tLrough fhat specified procedure. <br /> There may be only one designated notice addxess under this Security Insfrument at any one time. Any nolice <br /> to Lend� shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein <br /> unless Lcnder has designated.another address by notice to Borrower. Any notice m connecrion with thi,s <br /> Security Ivstrument s1ra11 not be fleemed to have Ueen given to Lender until actually received by Lend�. If <br /> any notice xequired by tlus Security Ivstrument is also required under Applicablc Law, the Applicable L,aw <br /> requireinent wi`ll satis�y the correspondiitr,r requirement under this Security Inst�ument. <br /> 16. Governing Law; Severability; Rules af Gonstruction. This Secwity Instr�unent shall be governed by <br /> fedexal law and the law of the jurtsdiction in which the Property is located. All rights and obligations <br /> contained in this Security Instrument�e subject to any requirements and limitations af Applicable Law. <br /> Applicable Law might cxpliciUy or implici�ly allow tlie parties to agree by contract or it might be silent, Uut <br /> such silence shall not be construed as a prohibifion against ageement by conttact. In the even�t that any � <br /> provision ox elause of fhis Security Instrument ox the Note conflicts m�ith Applica�le Law, such conflict sl�all <br /> not afEect other provisions of this Security Insh-ument or the Note which can be given effect wlthout the <br /> contlicting provision. <br /> As used in this Secutity Instrwneat (a)wards etf the masculine gznder shall mean and include corresponding <br /> neuter words or words of the femuvne gendex; (b)words in the singular shall mean�nd include thc plural <br /> and.vice versa; and(c)the word"may" a ves sole discretion�vithout any obligation to take any action. <br /> 17. Borrower's Copy. Bonower shall be given one copg�of the Note and of this Security Instrument. <br /> 18. Transfer of the Property or a Bene#icial Interest in Borrower. As used in this Section 18, "Irnerest in <br /> the Properry" means any legal ox beneficial interest in.the Property, including hut not limited to, tliose <br /> � beneficial interests fransferred in a bond for deed; contract for deed, installment sales contract or�crow <br /> a�eement, the intent of which is the traiLSfcr of ritle by Boaower at a futurc date to a purchaser. <br /> If all or any part of the Property or any Interest in the Yraperty is sold ar transferred(or if Borrower is not a <br /> natural person and a beneficial interest in Borrower is sold ar transferred)without Lender's prior written <br /> consent, Lender may require immediate payment in.fixll of all suins secured by this SectsiLy Instrument. <br /> However, this option shall not be exercised by Lender if such eYercise is prohiUited by Applicable Law. <br /> If Lender�ercises this option, Lender shall give Borrower notice of accelerarion. The notice shall provide a <br /> period of not less tban 30 days from the date thc norice is given zn accoxdance wifh Section 15 within which <br /> Borrower inust pay all swns scciu-cd by this Security Inslrument. If Borro��er fails to pay these swns prior to <br /> . the�piration of thiS period, Lender inay invoke any remedies permitted by this Security Tnamimer�t without <br /> fur[her notice or dcmand on Borro�ver. <br /> 19, Borrower's Right to Reinstate After Acceleration. If Borrowa inects certain conditions, Borrower <br /> shall have the right to haue enfoxcement of this Secarity Instrum�nt discontiuued at any tune prior to the <br /> eazliest of: (a) five days before salc of the Property pursuant to any power of'sale wnYained in ttus Security <br /> Inshument; (b) such other period as Applicable Law might specify for the termination of Borrower's right to <br /> reinstate; or (c) entry of ajuelement enforcing this Security Instnunent. Those conditions are that$orrower: <br /> (a)pays Lender all smns which then would be due under tlus Securify Instrument and the Note as if nq <br /> acceleratian had occurred; (b)cur�any default of any other covenants ox agreements; (c)pays all expenses <br /> incurred in enforcing this S�curity Instrument, including, 6ut not limi,ted to, reasonable attomeys' fees, <br /> property inspection and valuation#ezs, and other fees incmreci for the purpose of protecting Lender s interest <br /> z<coo<se <br /> ��R;SKA-Single Fzm ily-Fannie M11 ae/Fretldie A4 ac UNIFO W�1 INSTRUSI ENT Form 3028 1/01 <br /> VMP� VM�g 1�2of1�] <br /> W oltus Kluw er rinancial Se�vices <br />
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