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201309419
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Last modified
1/1/2014 12:46:14 AM
Creation date
12/3/2013 1:56:17 PM
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DEEDS
Inst Number
201309419
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201309419 <br /> prepayment charge(whether or not a prepayment charge is provided for under the Note). Borrower'S acceptance of <br /> any such refun.d made by direct payment to Borrower will constitute a waiver of any right of action Borrower might <br /> have arising out of such overcharge. <br /> 15. Notices. All notices given by Borrower or ceder in connection with This Security Insinzaent must be in <br /> i Any notice to BOITOWer in connection.with this Security Instrument shall be deemed to have been given to <br /> _ Borrower when mailed by fist class mail or when actually delivered to Borro '&s notice address if sent by other <br /> means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires <br /> otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice <br /> address by notice to lender* Borru ca-shall promptly notify Lender of Borrower's change of address. If Lender <br /> specifies a procedure for repot Borrower's change of address,then Borrower stall only report a change of address <br /> through that specified procedure. There may be only one deig ted notice address under this Security Tastrument <br /> at any one time. Any notice to Lender shall be given by delivering it or by Wiling it by first class mail.to Lender's <br /> address stated herein unless Lender has designated another address by notice to Borrower_ Any notice in connection <br /> with tInis Securitt Instrument shall not be deemed to have been given to Lender until actually received by Lender. <br /> If any notice required by this Security Instrument is also refired under Ap ilicable Law, the Applicable Law <br /> requirement will satisfy the corresponding requirement under this Security:instrument <br /> 16. Governing Law; everab ity; Rules of Construction. This Security Instrument shall be governed by <br /> federal law and the law of the jurisdiction in which the Property is located. Atl.rights and obligations contained in <br /> this Security Tnstrument are subject to any requirements and limitations of Applicable Law_ Applicable Law might <br /> explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be <br /> construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security <br /> hstru.ment or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security <br /> Instrument or the Note which can be ven effect without the conflicting provision. <br /> As used in tit Security Instrument (a)words of the masculine gender shall mean and include corresponding <br /> neuter words or words of the f ti ; ri 7 gender; (b)words in the singular shall mean and include the plural and-vice <br /> versa; and(c)the word may gives sole discretion without any obligation.to take any action. <br /> 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security hstrtnnent <br /> 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in thi.s Section 18, 'Interest in <br /> the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial <br /> interests transfeued in a bond for deed, contract for deed, installment sales contract or escrow agreement the intent <br /> of which is the-transfer of title by Borrower at a future date to a purchaser. <br /> If all or any part of the Property or auy Interest in the Property is sold or transferred(or if Borrower is not a <br /> natural person and a beneficial interest in Borrower is sold or transferred)without Lender's prior written. consent, <br /> Lender may require immediate payment in.full of all sums seamed by this Sect Instrument However,this option <br /> sl-raJi not be exercised by Lender if such exercise is prohibited by Applicable Law_ <br /> If Lender exercises this option, Lender shall give Borrower 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 wig which Borrower <br /> must pay all ELI=secured by this Security Instrunaent If BOITu wui fails to pay these sums prior to the expiration of <br /> tins period, Lender n:ay invoke any remedies permitted by this Seeuti.ty Instrument without further notice or demand <br /> on Borrower. <br /> 19. Borrower's Rigbt to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall <br /> have the right to have enforcement of this Security Instrument&continued at any time prior to the earliest of (a) <br /> five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such <br /> other period as Applicable Law might specify for the termination of Borrower's right to reinstate; or (c) entry of a <br /> judgment enforcing this Security Instrument. Those conditions are that Borrower: (a)pays Lender all sums which <br /> then would be due under this Security Instrument and the Note as if no acceleration had occurred; cures any default <br /> of any other covenants or agreements;(c)pays all eves inured in enforcing this Security Instrument, including, <br /> but not limited to, reasonable attorneys' fees,property inspection and vnl,i On fees, and other fees incurred for the <br /> purpose of protecting Lender's interest in the Property and rights under this Security Instrumen.t and(d)takes such <br /> action as Lender may reasonably require to assure that Lender's interest in the Pro.erty and tights under this security <br /> ES S A—S rigEa rnE;y—Fannie ae Fre-ddle Mac UNIFORM INSTRUMBNIT Docklagic IEMDms- <br /> Form 3028 1/01 Page 10 of 14 mem_cfoemagic_corr <br /> • <br />
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