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201207846
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Last modified
7/20/2017 9:52:39 AM
Creation date
9/21/2012 10:15:23 AM
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DEEDS
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201207846
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201207846 <br /> If Lender exercises this option, Lender shall gIve Bonower notice of acceleration. The notice shall provide a <br /> period of not less than 30 days from the date the notice is gIven in accordance with Sectlon 15 wlthin which <br /> Botrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to <br /> the enpiration of this period, Lender may invoke any remedies permitted 6y this Security Instrument without <br /> FurUter noHce or demand on Borrower. <br /> 19. Borrower's Right to f�instate Afte�' ACCeleration. If Borrower meets cerlain condi[ions, Borrower <br /> shall have the right [o have enforcement of this Security Instrumen[ discon[inued at any time pdor [o the <br /> earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in fhis Security <br /> Ins[rument; (b) such other period as Appl3cable Law might specify for the termination of Borrower's right to <br /> reinstate; or (c) enUy of a judgment enforcing this Security Instrvment. Those conditions are tha[Borrower: <br /> (a) pays Lender all sums which tt�en would be due ander Ihis Security Instrument and fLe Note as if no <br /> acceleration had occurred; (b) cures any default of azry other cmeuants or agreements; (c) pays all eacpenses <br /> incurred in enforcing tlus Security Instrumenl, including, but not limited to, reasona6le at[orneys' fees, <br /> properly InspecUon and valuation fees, and other fees incurred for the purpose of protecting Lender's interest <br /> in the Property and dgh�s under this Security Instrument and (d) takes such acflon as Lender may <br /> reasonably require to assure ihat Lender's interes[ in the Property and rights under ihis Security Instrwnent, <br /> and Borrower's obligatlon m pay Ihe sums secured by thIs Secudty Instrument, shall continue unchanged. <br /> Lender may require that Borrower pay such reinstatement sums and elcpenses in one or more of tLe following <br /> forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or <br /> cashier's check, provided any such check is drawn upon an instiwflon whnse deposits are insured by a <br /> federal agency, instrumentality or enflty; or (� Electronic Funds Transfer. Upon reinstatement by Borrower, <br /> this Security Insuvment and obligaflons secured hereby shall remain Fully effective as if no acceleration had <br /> occurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18. <br /> 20. Sale of Note; Change of Loan Servicer, Notice of Grievance. The Note or a paztial in�erest in the <br /> Note ([oge[her with flus Secudty Instrument) can 6e sold one or more tImes without prior noflce to <br /> Borrower. A sale migh[ result in a change ln the entity (known as the "Loan Servicer") that collects Periodic <br /> Payments due under the Note and this Security Instrument and performs other mortgage loan servicing <br /> obligations under the Note, this Securily Instrument, and Applicable Law. There also might be one or more <br /> changes of the Loan Servicer unrelated to a sale of the Note. If there 1s a change of the Loan Servicer, <br /> Borrower will be given written noflce of the change which will state the name and address of the new Loan <br /> Servicer, the address to which paymenis should be made and any other inFormation RESPA requires in <br /> connection with a noflce of transfer of servicing. IF the Note Is sold and thereafter the Loan is serviced by a <br /> Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will <br /> remain wiUt the Loan Servicer or be transferred to a successor Loan Servicer and are not assamed by the <br /> Note purchaser unless otherwise provided by the Note purchaser. <br /> Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an <br /> individual litigant or the member of a class) that arises from the other party's act3ons pursuant to this <br /> Securiry Instrument or ihat alleges that the other party has 6reached any provIsion of, or:ury duty owed by <br /> reason of, this Security Instrument, until such Borrower or Lender has notified the otLer party (witL such <br /> notice glven i� compliance with the requirements of Secflon 15) of such alleged breach and afForded the <br /> other party hereto a reasonable period after the giving of such nofice to take cortective action. If Applicable <br /> Law provides a fime period which must elapse before ceNain action can be taken, �hat time period will be <br /> deemed to be reasonable for purposes of Ihis paragraph. The noHce of acceleraflon and opportunity to cure <br /> given to Borrower pursuant to Section 22 and the notice of acceleradon given to Borrower pursuan[ to <br /> Secflon 1S shall be deemed to satisfy the notice and opportunity to take corrective action provisions of this <br /> Section 20. <br /> 001123'198768 Cttibank 3.2.61.12 V7 <br /> NE6RASNA-Smgle Family-Fennle Mee/Fretldie Mac UNIFORM INSIRUMEM'WRH ME25 Fwm 3028 9/09 <br /> V�� VMPfiAME111105).00 <br /> Wolters Kluw¢r Fnancial Sazvlces Page 13 oF'I] <br />
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