201210372 - Laserfiche WebLink

Browse

201210372 designated a substiEirte notice address by no[ice to Lender. Borrowzr sl�all promptly notify Lender of Buirower''s c1�aa�ge of adclre5e. If'Lender specifies a pxocedure fox ceportii�g Bon owei's change of address, then Borrower shnll only rcport s change of address tl�rough Uiat specified proceclure. There may be only onc dcsignated notice addrese m�der this Security Inatrument nt any one timo. Any notice to Lender shnll be given by deliverii7g it or Uy mailing it Uy first class inail Yo Lender'e address stated herein Luiless Leuder has designnted nnoeher nddress by noCica to 13orrower. Any xiotice in connection with this Security Instnuneiit sl�all not be deemed to hav�been given[o Lender tmfil achia1ly received by Lencler. If' any not�ce requirui by this Security Instrmnent is nlso roquired under Applioable Law, the Applical�1e I,aw reqLureinent will eatiefy tU�corresponding requirement wider this Security Instrutnent. 16. Governing Law; Severability; Rules of Construetion. Thie Sccurity Ii�strwnent aliall�e governed by federal law and flie law of'the jurisdicYion in which the Properfy is loc�ted. All righic aud oUligations cont�lined in Lhis Security [nstrumc�rt are snb,ject�to any requiremente and limita6ons of Applicable Law. Applicable Lnw might explicihly or implicitly allow tho partie.s to agree by contract or it might be silent, biiC such eilence sha11 not be consh•ued as n prohibition agains[agreeinent by contract. ln the event tl�at any provision or clause of this SecuriEy InstrumanY�or Yhe Note conflicts wiih Applioahle Law, s�wh co��fliot sl�all not afFect othcr provisions of U�is Security InsUument or the Note whieh ean be given effect without the eonflioting provision. As used in Y1iis Scourity Instrument: (a) words of the inasouli�ie gender shall me�i�nd include corresponding ueutex words or words of Che feininine gender; (b) worde in the singular shall mean vid inolude the plural and vioa versa; and(c) tha word"may" gives eole discretion without any obligation 4o take any action. 17, BoYYOW eY'S Copy. Borrower shnll Ue given one copy oP tihe Note and oP fhis Security Tnstrutnenf. 18. Transfer of the Property or a Beneficial Interest in Borrower, As used in chts Scction l8, "Intcrest in flie ProperCy" means Tny legal or Ueneficial interest in Yhe Property, iucludistg, but not limited tq tliase beneficial interests tr•ansferred 'ui a bond for deed, contract for deed, installment sales contraot or escrow agrcemenC, the inCenC aP which is the transfcr oP Ntic by Borr�owcn'ati a fut�ire dafe to a purchaser. If all or any part of Rho Yi'opert}�or any Ii,�Yete.st in tlie Yroperty is sold or L��ansferred(or if Bomower is not a naCtn��l person end a beneCicial inleresC in Boiro�ver is sold or Iransferreci) without Lcn�dcr's prior written consent, Lende�'may require imtnediate paymeut in full of all sums secured by this Secm'ity Instruinenti. Howevor, Lhis opCion sl�all noC be exerciseci by I,ender if aueh exeroise is proliil�iCed by Applicabla Law, IP Lencier exeroisea Chis option, Lencier shall give Borrower notice of aooeleralion, 'The notice shnll�ruvide a period of not less than 30 days from the date the notice is given in�ccordnnce with Section 15 within which Rorrower imiat pay all sums secured Uy tl�is Security Instrnnient, If Ron�ower fails Co pay tl�ese sums prlor to tl�e oxpiration oP lhis period, Londer may im�oke any ren�edies pei7nitled by thie Security Instrument without further notice or demnnd on Borrower. 19. Borrower's Right to ReinsYate After Acceleration. If Borrower n2eets certain condi�iovs, Barrawer shall have the right to have enforcement of fhia Security bzsh�ument diecontimzeci at any time prior Yo the earliest of`. (a) tive days Uefore sale of flie Property pursuant to ony power of eale�ontained i�rthis Secwity Instrument; (b) such othcr poriod as Applioablo Law mighC epoci�fy for tho tcrniiiaalion of BorroWer's righti to reinstate; or(c) entry of ajudgn�enC enforcing this Seeu�ity Instrumenf. Those condiHons are that Borrower: (a)pays Lender a11 smns wluch then would be due mider tliis Security Inst�wnent and tlia Note as iP no acceleraGion tiad occti�rred; (b) curos any dcfault of any otl�er covonants or agrooments; (e)pays all expanses incurrcd in en�Poxeing flus Seonrify&istrumen[, inchtding, but not limi[ed to, reasonable attorneys' fees, property ivapectiari and v�luation fees, �nd other fees incurred f'or the puipose of'protecting Leuder's interesY 24002966 NE61Z\SI<�-Sinyle Family-PSnnie Mae/Fretltlie h1 ac UNIPORM INSTRUM ENT Fonn 3�28 1101 VMP np VMP6(NF.1(710b1 Nlolters Kluwer Finanoial Services Pa�e 42 oi 17