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201302134
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Last modified
12/31/2013 1:31:19 PM
Creation date
3/18/2013 3:51:07 PM
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DEEDS
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201302134
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• 201302134 <br /> • <br /> If Lender exercises this option, Lendet shall give Bonuwer 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 Section 15 within which <br /> Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to <br /> the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without <br /> further notice or demand on Borrower. <br /> 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower <br /> Mall have the right to have enforcement of this Security Instrument discontinued at any time prior to the <br /> earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security <br /> Instrument; (b) such other period as Applicable Law might specify for the termination of Borrower's right to <br /> reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower <br /> ta) pays Lender all sums which then would he due under this Security Instrument and the Note as if no <br /> acceleration had occurred; (h) cures any default of any other covenants or agreements; (el pays all expenses <br /> incurred in enforcing this Security Instrument, including. but not limited to, reasonable attorneys' fees, <br /> property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest <br /> in the Property and rights under this Security Instrument: and (d) takes such action as Lender may <br /> reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument, <br /> and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. <br /> Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following <br /> forms, as selected by Lender: (a) cash: (b) money order; ter certified check, hank check, treasurer's check or <br /> cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a <br /> federal agency, instrumentality or entity: of (d) Electronic Funds Transfer. Upon reinstatement by Borrower, <br /> this Security Instrument and obligations 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 partial interest in the <br /> Note (together with this Security Instrument I can he sold one to more times without pour [Hoke to <br /> Borrower. A sale might result in a change in the entity (known as the "Loan Servicer"i 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 Security Instrument, and Applicable Law. There also might he one or more <br /> changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer. <br /> Borrower will he given written notice of the change which will state the name and address of the new Loan <br /> Servicer. the address to which payments should he Made and any other information RESPA requires in <br /> connection with a notice 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 with the Loan Servicer or he transferred to a successor Loan Servicer and are not assumed by the <br /> Note purchaser unless otherwise provided by the Note purchaser. <br /> Neither Borrower nor Lender may commence, join, or he joined to any judicial action(as either an <br /> individual litigant or the member of a class) that arises from the other party's actions pursuant to this <br /> Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by <br /> reason of, this Security Instrument, until such Borrower or Lender has notified the other party (with such <br /> nonce given in compliance with the requirements of Section 15) of such alleged breach and afforded the <br /> other party hereto a reasonable period after the giving of such notice to take corrective action. If Applicable <br /> Law provides a time period which must elapse before certain action can he taken, that time period will he <br /> deemed to he reasonable for purposes of this paragraph. The notice of acceleration and opportunity to cure <br /> given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to <br /> Section 18 shall he deemed to satisfy the notice and opportunity to take corrective action provisions of this <br /> Section 20. <br /> IC-NUR _ - 0)08E807 Snub iary =1, 8.18 <br /> -1313-.ST 3-Single Faintly-Fannie ra ae creodir Lar INIT.'371 INSTRUMENT A'TH VIERS F.rrn 3028 1 01 <br /> rP'P'a VP+PUA(rJE1 i'107100 <br /> ".1'e s Sinner Financial Se•iices 'e rr je '3 17 <br />
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