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201405398
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Last modified
7/20/2017 8:25:56 PM
Creation date
9/2/2014 10:53:21 AM
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DEEDS
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201405398
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��14�5395 <br /> �ecu�-ity I r�s�ru���e��t. �. ��,�t��t���� sta�.er-�z���� of a��� �€,����t��-i:�ed a�e��� nf'�l�e Secr-eta.r�y dated subse�uen�t� <br /> �� days from ���e dat� 1-�e��e�f, d�c�i r�i��� �c� �r�su�"L' ��`tl S ��Cul'i��1 I#1st��ur�t�en�: at�d the No�e, shal l be <br /> d�er��e�1 �ol-�cl��si��c ��roc�f of s��ch ��ieli�;i�ility. �o��i��-�sta�-�d�t��;t��e fore�oing, th�s apt�c��� n�ay no� he <br /> exercis�d [�y Lel�der• w���;�� �1��u��a��ail�.bi�i�y af i�zsu�-���cc is snle�y due to Le�zder's fai�ure to remi�a <br /> rt-no�-tbagc ins���•ance �:�t•����iu��� tc� ���� ��c�•���.��y. <br /> 'l D. ��i����$�����, Bo�-�•owe�• ��as a �•i���t ��� be���irls�a��d �fi�.�et�de�- 1���� 1-�q�i��•ed i���mediate payment in fu�] <br /> llecause of Bo�-ravv��•'s ��ai lur�to ��ay a�� �n�o�.���� ���e��i�c�e�-�I��No��� o�� 'c}�is �ec��ri�y�t�s��-u��e���. Th�s ri�;h� <br /> a�plies even af���- foreclosure ��r'UC�-L'C�i�`i�S �I'L 1175�1��1�CC�. �[��� t•eit�sta�:�tl�e �ecuz•��y IX�st�•utnen�, Borr•a�ver s��al� <br /> te��de�� i n a 1 u�z�p sui�� al 1 a�-r�n��n�s �-��u i�•�d ta �i�i r�� �c��-�-c�������'s acc�ur�� �u�•�•e��t i nc�udi��g, to tl�e e�ten�they <br /> a�-e obli�at�o��s of�o�•�•ov�et•���-�dct, �l��s �ecu�-�ty ����s�:�-ur������. fot�ecic�su�-e costs ar�d �-easo�la�le a��d cus�.amar-Y <br /> atto���-�eys' fecs and ex�e��s�s �7�•�pet-l y ��sn�i a��� uri tl� �h� fc��•e�l osu��� p�-oce�d i���. t]po�1 �-e�ns�a�en�e��t by <br /> B��-�•a�ret•, ���is Secu�•i�y ���s��������en�ar�d fh� o����a�io��s�.�7��� �t scc�zt-�s s�-��11 ���ma��� in effec�as if Lende� had <br /> ��a�: reqUir�c� i���mec��a�� ��ay������ i�� �-����. ��o�ir�v��-, i��:�zdc��- Is ��ot ����������d �a�e�-tn��rei��state�r�en�:if: �x} <br /> Lei�cler has accepted rei��s�a�e�z���z�:at-���� t��c cot-k����.e��c����ct1� af�o�•�c���sur� p��oceed�t��;s wi�l��n �wo years <br /> i n����ed i at��� precedr��a ���e ctatr��-�-�et�c:e����;�-�t o��a Gt�rre��� (��-�c���su�-e ��rc��:e�:d i n�, �i i} t•etnsta�em��at v,ri 1� <br /> prt�ec�ud� fa�•ecl�su�-e n�� d r ffe�-e����rc��7�1ds i�� �:he f��ti�r�, c�r (i�i} ���i��s���:��z��n� wi 1 l ad�e�-sely affec����� <br /> p�-io�-ity of�I�e lien��rea��d UtiT t��is �eG�.��-i�y I��s��-u�;�e��t. <br /> 1'�. 8�rrv��r N�� ��l�as�d; ���b���'��`��� �� �,��~�d��- ��`� � �����W��{a ��;����5iar� of�he t���rle of pa�merz��r <br /> t�nodi�(`i cat�on of am��-��za�i nn of t��e su��-�s se�:t�t•ed ��y��i s �`er,���•��y���st�•���net��a�•an�ed by Lende�-�a any <br /> succe�sn�• �n i t1�e�•es� o���F�orra�v��•sl�al� ��t�� r��era��:to ��c�e;�se���� 1 z a���i�y of�he oz��g�r�a1 Bo�•�-n�rer or <br /> B�r�ow��•'s successor- ir� ii��c�rest. �.,e��c�e�� �}�a�� ��o�:Ue �•e��t��t•c�d ��� co�����e���e p�•oceed�z�gs against a��y <br /> suc�ess�i• in ir�tez�est��• �•����.xse to �x�:e��d �i��nc �`oz- ��ay���e���a�� ��he��ti��is� ��odify a��o�'�12��1Qn fl�th�SUtT�S <br /> secured I�y�E�is SecL�rify ����t�-u�-���:t�t��� x-easo�-� a���r��� d�������c� r��ac�c ��y ����origi��al Lo�-rower or Ba�-�-awer'� <br /> successors it� in�e�-es�, �t�y �ot•�c�r-anc� �y ��e��de�� i�� �x��•c�i����� G���v �-i���� o�• t•e�ned�� sha�� ��o�be a wai�e�• of <br /> flz- p�•ecluc�e�h�exe�•�ise o�any �-ibh�o�• �•e�nedy. <br /> 'I 2. Succ��s�r� ��d Ass���� �����g ����� ��� ������� ����������, ��������r�. The�o�ep����s and <br /> ag�eet��ents af t1�is �e�u�-i��� I��s�r�.����e���s�za11 '���-�c� a1�d ��en���t�t1���ucce�sa�-s a��d assig��s of Lende�� a��d <br /> �o�•rower, subjec��fl #:��e �a�o�Tisic�t�s o����at-a��a�}-� ���-��. �c��•�•��v���'s �,c?v���a���.s ���7c� agt•eernents shali be�o�n� <br /> and seve�-al. Any�3n�•rowe�• �v��a co--�i�;f�� ���i� ��c���•i�� f�-���������e����u�do�s ����execute�he Na�e: �a} is <br /> ��-sib��i��g this Sec�l�-i�y ���s��-um��-��o���y�:o i��c�-r��;a�e, �;���r�i:a��cl c.y���Wey �l�ac �o�-t�ovver'S II1��1-es� �n �he <br /> Prt-ope���y ut�de�t���tern�s af���is �ecut•���.� �����ru�-1-�����t; (�} �s ��ot pe��sc��zai��! ol7ii�;a�ed ta pa}��he su���s secur�d <br /> by���is 5ec��r-���� �ns��•u������; at�d (c} �a.a�•c��s���at �.e��r��;�- ar�ci a��y �.�����:�- �o�-�•o«�e�• jna�r a�z,ee�a ex�e��d, m�dify, <br /> fo�-�ear o�- ����kG ax3y acc��-nr��c�da�i�.��-�s �rit�� �-��a�•� �o ���� �c��-���s��f���i� ��cu��i�y ���s�:t�ument��-�he No�e <br /> v�i���ou�tl�a.�Bor�r��v��-`s �ox�s���t. <br /> '!3. �1�t��e�. Any r�otice�o ����•�•o�ret• ��-o��dec� �`a�- iz� ����� ������•���f I��;��:t•t�����Y�t s��all �e gi�en by deliverin�; i�or <br /> by �-na�1 i�� i�hy fi t-st cl�s5 �-r�ai 1 u����;s� ap��l i�;ablt ����� �•�c��€.���-�s��s����`a��������- ��nethod. The na�ice sha�1 be <br /> directed �o�I�e �ropc;rt�� p.dd�•css or a��y ntl���� �c��i�•es� ���-��c�v��;�- d��i����ies U�� ��atice�o L�nder. Az�y n�tice <br /> #:c� Lcr�d�r s�i�Il �e�i�ei� ��� f���s� c�as� ����ak� L� L.���de�-'S ac.��i��:�s��.a��;�� ��L�-c���� a�� a��y add��ess Le��de�• <br /> d��rg�a�es by r�o�ice to F.���-�•a�et-. �4r��y no�ice ���•���,r�d�d fu�- �t� ����s �ecu��ity I����:�•u����nt shall be deem�d to <br /> hav��e�Y� gi���� �o ��x•�•o�rret- o�� �.e���i��- w�-���� �;iVe�� a� �}-��uid�d ��� �:�7;� para��-a���. <br /> 'i 4. C���'��'�i�g Law'; �����°�b�����, T��}� ��x���.E�-i�y �����:��ut��e;�� ��7���� �c �;n������ed ��y ���det-al law a��d�t��e lav�►l of <br /> ���e_jurisd�c�ic��� in �vv���c�� �l�e�'t•t�p��•��� �;� ��}ea�ec�. ��� ���e e��t��-�� ���a�t���y ������isioi� a� cla�Yse af��Zis Seeu�-�ty <br /> ���s��-u��en�o�� ���e Na�e co���`�ic�s «�iZ�� a���Ii��ble �a�v, s����-� co���ic� sh��� ����:affect afi}�er p�-o�risiops of�h�s <br /> Secur-��y ���stt-un�e��� a�-t�e�I�t�v�l�i�:�� �a�� b���;i�e�� �,ffc�c�:wi�l����t ���c� �;n��fli�ti��� p�•ovis�an. Ta�his e��d the <br /> pr��isio�ls of t��is S�cu�-��:y I�-�st�•u������t a.�1d�:11;, �Tc����k�-�d�:c:l��-�:d�:t� ���:��u���a��e. <br /> 8 8�16 2 51 41 ..-�-._�..��._._._._..___._. 8 8��6 2 5��4� <br /> FHA M origage WfTI-i�Jl ERS-NE <�a ` '� Revise�419� <br /> VMP�R] ��,� � �,�� VMP�N{NE}{13�2J <br /> �y <br /> W�lfers ICl���r er Finai�cial S�rvices p����a��� <br />
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