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201209385
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201209385
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Last modified
7/20/2017 9:59:48 AM
Creation date
11/13/2012 8:53:29 AM
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DEEDS
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201209385
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201209385 <br /> If Lender exercises this option,Lender shall give Borro�mer notice of acceleration.The notice shall provide <br /> a period of not less than 30 days from the date the notice is given in accordance with Section 15 within <br /> which Borrocver must pay all sums secured by this Security Instrument. If Borrower fails to pay these <br /> sums prior to the expiration of tfiis period, Lender may invoke any remedies permitted by this Security <br /> Instrument�vithout fur[ttcr notice or demand on Borrower. <br /> 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, <br /> Borrower shall have the right to have enforcement of this Security Instrument disconUnued at any time <br /> prior to the eazliest of. (a) five days before sale of the Property pursuant to any power of sale contained <br /> in this Security Instrument (b) such other period as Applicable Law might specify for the termination <br /> of&onower's right to reinstate; or(c)entry of a judgment enforcing this Security Instnzment. Those <br /> conditions are that Borrower: (a)pays Lender all sums which then would be due under this Security <br /> Instrument and the Note as if no acceleration had occurred; (b)cures any default of any other covenants <br /> or agreements; (c)pay�s all expenses incurred in enforcing this Security Instrument, including,but not <br /> limited to, reasonable attomeys'fees,property inspection and valuation fces,and other fees incurred for <br /> the purpose of protecting Lcnder's interest in the Property and rights under this Security instrument;and <br /> (d)takes such action as Lender may reasonably require to assure that Lender's interest in the Property <br /> and rights under this Security Instrument, and Borrower's obligation to pay the sums sccured by this <br /> SecuriN Instrument,shall continue unchanged.Lender may require that Borrower pay such reinstatement <br /> sums and expenses in one or more of the following forms, as selected by Lender. (a)cash; (b)money <br /> order (c) certified check,bank check,treasurer s check or cashier's check,provided any such check is <br /> dra���n upon an institution whose deposits are inswed by a federal agency, instrumentality or entiry;or <br /> (d)Electronic Funds Transfer.Upon reinstatement by Borrower,this Secunty Instnunent and obligations <br /> secwed hereby shall remain fully effective as if no acceleration had occurred. However,this nght to <br /> 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 orapartial interest <br /> in the Note (together with this Sccurity Instrument)can be sold one or more times Gvithout prior notice <br /> to Borrower. A salc might result in a change in the entiry (known as the "Loan Servicer")that collects <br /> Periodic Payments due under the Note and this Securiry Instnunent and perfomis other mortgage loan <br /> servicing obligations under the Note,this Security Instrument;and Applicablc Law. There also might be <br /> one or morc changes of the Loan Servicer unrelated to a sale of the Notc. If there is a change of the Loan <br /> Servicer, Borrower will be givcn writtcn noAce of the change which will state the nazne and address of <br /> the new Loan Sen icer,the address to which payments should be made and any other information RESPA <br /> requires in connection��ith a notice of transfer of servicing. If the Note is sold and thereafter the Loan <br /> is serviced by a Loan Servicer otherthan the purchaser ofthe Note,the mortgage loan servicing obligations <br /> to Borrower will remain«�ith the Loan Servicer or be transferred to a successor Loan Servicer and aze <br /> not assumed by the Note purchaser unless othen�ise pro��ided 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 partv s actions pursuant to this <br /> Secunty Instrument or that alleges that the other parry has breached any provision of,ar any duty owed <br /> by rcason of,this Security Instrument, until such Borrower or Lcnder has notified the other party(with <br /> such notice given in compliance with the requirements of Section 15)of such alleged breach and afforded <br /> the other party hereto a reasonable penod after the giving of such notice to take corrective action. If <br /> HCFc-ooasa <br /> NE8ftA5KA-Single Family�Fannie Mae7Freddie Mac IINIFORM INSTRUMEM' fo�m30281/01 <br /> VMP� 05112 <br /> Wollers Kluwer Finaricial Services 2012'10314.1.12338-J20120529V Pa9e 13 of 16 <br /> I�IIN INN�N IIII I INII�l��ll II I���NI NIII II III IIII I IIII IIN <br />
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