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201201757
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201201757
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Last modified
3/14/2012 1:54:45 PM
Creation date
3/7/2012 11:15:15 AM
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DEEDS
Inst Number
201201757
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201201757 <br /> designzked a substitute notice address by notice to Lender. Borrower shall prpmpfly notify Lender of <br /> Borrower's change of acldress. If Lender specifies a procedure for reporring Bonower's change of address, <br /> then f3oaowcr shall only re�ort a change of address through LhaY specified procedure. <br /> There may Ue only oae designated nofice address under this Szcurity Inshwnent at any oi�e time. 9ny notice <br /> to Lender shall be given by delivering it or by mailing it by first class xnail to i.znder's adc9ress stated hercin <br /> uniess Lender bas designated anoti�er addxess by notice to Boaower. Atiy notice in connectian with ihis <br /> Security InstrumenY shall not be deemed to have been given tp Lender untIl actually receiveci by Lendev If <br /> any notice required by this Security Instnunent is also requircd under ApplicaUle La«, the Applicable Law <br /> requirzment wzl;satisfy the corresponding requirexnent under ihis Security Iastrument. � <br /> 9 6. Governing Law; Severability; Rules of Constructoon. This Security Instrumcnt shall be govemed by <br /> federal law and thA law of thc jurisdiction in which the Properry is locatecL All rights and obligations <br /> contained in this Security Instrumeirt aze subject to any requirements and limitations of Applicable Law. <br /> Applicable Law might explicifly or i�nplicifly allow the pazfies to apree by contzaet or It might be silent, but <br /> snch silence shall not be construed as a prohibition againet agreement by contract In the event tl�at any <br /> provision or elause of this Security Instnunent or the NoYa confllcts with Applicable Law, such eonflict shall <br /> not affect other provisions of this Security Instrument pr the Note whtch can be ¢iven effect without the <br /> conflicring provisiou, <br /> A, used in this Sec�rity vistrument: (a) wards of the mascLdine gender shall mean and include conesponding <br /> neuter words or�vords of the feuunine gender� (b)words in the sui�n�lar shall mean and include the plural <br /> and vice versa; and(c}the word"may" gives sole discretion Rnthout any obligation to take any action. <br /> 17. Borrower's Copy. Borrowcr shall be a ven one copy of the Note and of this Security Instrument. <br /> 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in <br /> the ProperYy° means any legal oz Ueneficial intuest in the Property, including but not limited io, those <br /> beneficial intexests transferred in a bo�id for deed, contract for deed, installment sales contract ar escrow <br /> agrecment, the inten[of which is tlle transfer of title by Borrower at a future date to a purchaser. <br /> If all or any part of the Progerty or any Intaest in the Properiy is sold or transferred(or if Bonower is not a <br /> natural person and a bene&cial interest in Borrower is sold or transfcired)without Lender's prior writtcn <br /> consent, I,ender aiay require immediate payment in full of ell.sums secured by this Security Instrument. <br /> Aowever; fliis option shaIl not bc exercised by Lender if such exercise is prohibited by Applicable Law. <br /> If Lender exereises this ogtion, Lcnder shall give Borrower notice of acceleration. Thc notice shall provide a <br /> period of not less tban 30 days from tfie date the notice is gven.in accordance with Section 15 within which <br /> Rosower mnst pay all sums secitred hy this Security Instrument. If Borrowcr fails to yay thcse suins prior tio <br /> the expiration of this periqd, Lender may im�oke any remedies pennitted by this Security Instrument without <br /> further notice or cicmand on Borrower. <br /> 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower <br /> shall have the right to have enforcement of this Security Instnunent discontinued at any trme prior W the <br /> earliest oE (a) five days before sale of the Properry pursuant to any power nf sale containeci in this Security <br /> Instmment; (b) such other period as Applieable Law mighY specify for tk�e terRUnation of Bonower's right Co <br /> reinstate; or(c) enhy of a judgment enforcing this Security Instnunent Those conditions are that Borrowc�: <br /> (a)pays Lender all smns wluch then wauld be due under this Security Instrument and the Note as if no <br /> acceleiation had occurred; (b) �ures any default�of any other covenants ox agreements; (c)pays all expenses <br /> incuned in enforcing this Securiry Instrument, inclnding, but not limited tq reasonable attomeys' fees, <br /> property inspection and valuation fzes, and o[her fees inctined for the purpose of protecting Lender's interest <br /> 2?G00513 <br /> NFE�SKASingleFanil.y-FanaieWee�Fretici=_M11ac UNIFOR\1 INSTRJh1ENT Forn 3028 t/01 <br /> VM P� VMP6ME1(i 1 O5J <br /> bVOlte:s Kluw er Financial Services �age 12 of i] <br />
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