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201207797
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Last modified
7/20/2017 9:52:30 AM
Creation date
9/21/2012 8:36:31 AM
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DEEDS
Inst Number
201207797
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201207797 <br /> LOADi A: 0293761326 <br /> Lender of eorrower's charye of address.If�enderspecifies a procedure for repo�ting 6orrower's change <br /> of address,[hen Borra,ver shall only report a change ot address tlirough that specrfied procedure.There <br /> may be only one designated noiice address under this Sewrity Instrument at any one time.Any notice to <br /> Lender shall he given by deiiverinc�it or by mailing it by first class mail to Lendei's address stated herein <br /> unless Lender has designated another address by notice to Borrowec Any notice in connecGon with ihis <br /> Security Insirument shail not be deemed to have been given to Lender until actually rece3ved by Lender. <br /> If any notice required by this Security Inslrument is also required underApplicable Law,the Applicable Law <br /> requirementwill satisiy the corresponding requirement under this Security Instrument. <br /> S6. Governing Law; Severability; Rules of Construction. This Securlty instrume.nt shall be <br /> governed by iederal law and the law ot the jurisdiction in which the Property is located.A�I rights and <br /> obligatlons coniained in lhis Security Instrumen[are subject to any requirements and limitations d <br /> Applicable Law.Applica6le Law might explicitry ar implicitly allow the parties to agree by contract or it <br /> might be silenl,but such silence shall oot be construed as a prohibition against agrecment py contract. <br /> In the eveni ihat any provision or clause of Ihis 5=curiry Instru ment or the Note conflir,ts with Applicabie <br /> Law,such conflict ehall not affect other provisions of this Security Instrument or the Nolewhich can be <br /> given effect without the conflicting provision. <br /> As used in this Security Instrument (a)words of the masculine gender shall mean and include <br /> corresponding neuter wards or words of the feminine gender;(b)words in the singular shall mean and <br /> include the piural and vice versa;and (c)the word"may"gives sole discrelion without any obligation <br /> to take any action. <br /> 17. Sorrower'sCopy.Borrowershallbe9ivenonecopyaftheNoteandofthisSecuritylnstrument. <br /> 18. Transfer of the Property or a Beneficlal In9erest in Borrower.As used in this Section 18, <br /> "Intcrest in ihe property"means any legal or beneficial interestin the Property,including,butnoi limited <br /> to,those heneficial iMerests transferred in a hond for deed,contract for deed,instailment sales contract <br /> or escrow agreement,lhe intentofwhich is the transfer of title by Borrower at a future date to a purchaser. <br /> If all orany part of the Property orany Interest in ihe Property is sold ortransferred(or'rf Bormwer is not <br /> a naturai person and a beneTicial interest in Borrower is sold ortransferred)without Lender's prior written <br /> consent, Lender may require immediate payment in full ot all sums secured by this Security Instrument. <br /> However,this option shall not be exercised by Lender ff such exercise is prohibded 6y Applicable Law. <br /> If Lendcr exercises this option,lender shall give Borrower�otice of acceleration.The notice shall � <br /> provide a period oi not less than 30 days from the date the notice is given io accordance with 5ection <br /> 75within which Borrowermust pay aIl sums secured bythis Securiry Instrument.if Borrowerfailsto pay <br /> . these sums prior to the expiration of this period, lender may invoke any remedies permitted by this <br /> Security Insirument without furlher notice or demand on Borrotver. <br /> 39. Borrawer's Righ4 fo Reinstate After Acceleration. If Borrower meets certain conditions, <br /> Borrower shall have the right to have enforcement of this Security Instrument disconiinued at any time <br /> prior to the eadiesi of:(a)five days before sale of the Property pursuantto any power of sale contained <br /> in this Securily Instrument; (b)such other period as Applicable Law might specifyfor the termination <br /> of Borrower's right ta reinstate;or(c] entry of a judgment enfarcing this Security instmment Those <br /> conditions are that Borrower. (a) pays I.ender ail s�ms which then would be due under ihis Security <br /> Instrument and ttie Note as if no acceleration had ocmrred;(b)cures any default of any other covenanis <br /> or agreemen[s;(c)pays all expenses incurred in enforcing this SecuriTy Instrument,inciuding,6ul not <br /> limited to,reasona6le attorneys'fees,property inspection and vaivation fees,and other fees incurred <br /> Forthe purpose of protectinc�Lender's interest in the Propertyand rights underthis Security Instrument; <br /> and (d)takes such action as Lender may reasonably require to assure that Lender's inierest in the <br /> Property and rights underthis Security Instrument,and Borrower's obiigation to pay the sums secured <br /> by this Security Instrument,shall continue unchanged. Lendor may require that Borrower pay such <br /> reinstatement sums and expenses in one or more of the following forms,as selected by Lender:(a)cash; <br /> (b)money order;(c}certified check,bank check,trezsurer's check or cashier's check,provided any <br /> such check is drawn upon an institutian whose deposits are insured by afederal agency,instrumentality <br /> � or entity;or td) Electronic Funds 7ransfer.Upon reinstatement by 8orrower,ihis Security Instrument <br /> and ohligations secured herebyshall remain fully eHective as Hno acceleration had occurred.HovJever, <br /> ihis right to reinstale shall not appiy in the case of acceleration under Section i s. <br /> 20. Sale o(Note;Ghange of Loan Sarvicer;Notice of Grievance.The Note or a padiai interest <br /> in the Note(togetherwith this Security lostrument)can be sold one or more times without prior notice <br /> to Borrowec A sale might result in a change in the entity(known as the"Loan Servicer")that collects <br /> Periodic Paymenis due under Ihe No[e and this Security Instrument and pertorms other mortgage Ioan <br /> servicing obligations under the Note,this Security Instrument, and Appiicable Law.There also might <br /> be one or more changes of the loan Servicer unrelated to a sale of the Note.if Nere is a change of the <br /> Loan Servicer,Borrower will be given written notice of the change which wiil state the name and address <br /> of the new loan Servicer,the address to which payments should be made and any oiher information <br /> RESPA requires in connection with a notice of transferof servicing.If the Note is sold and thereatter the <br /> Loan is serviced by a Loan Servicer other than the porchaser of the Note,the mortgage loan servicing <br /> obligations to 6orrowcrwill remain with the Loan Servicer or be transferred to a successor Loan Servicer <br /> and are not assumed by the Note purchaser uniess othervuise provided by the Note puro�i 4e ��.., � <br /> � ... <br /> Initials: ' � �� . � <br /> NE6R0.SKA-Single Family--Fannl¢Man/Frotltlie Mac UNIFORM INSTHI7MENT Fotm 3U2n YMi f�^` <br /> Online0wuments,lnc. PdJf 9 Of 11 NEEDEE� Nq. <br /> y. �e <br />
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