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201405999
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201405999
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Last modified
7/20/2017 8:52:26 PM
Creation date
9/22/2014 2:05:48 PM
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DEEDS
Inst Number
201405999
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��14�5999 <br /> Security Instrument. A writt�n s�aternent af a�.�r authorized agent of the Secr�tary date�subsequ�nt to <br /> 6�days from the date hereof,declining to insu�'e this Security�nstrument and�h�No�e, sha11 be <br /> deemed conclusi�e pr�of of such ine�igibi�ity.Notwithstanding the foregoing,this option may not be <br /> exe�'cised by Lender when the unavailability of insuran�e is saiely due to Lender's failure to remit a <br /> mart�age�nsurance premium to the S�cretary, <br /> �Q. Reinstatement.�orro�uer has a right to be re�nstated if Lender has r�quired immediate payment in full <br /> because of Borr�wer's failure to pay an amount due under the Note ar thxs Securrty Instrument. This ri�ht <br /> applies even after foreclosur�proceed�ngs are instituted. To r�instate the Secur�ty Instrument,Borro�er shali <br /> tender in a lump sum a��a�rnounts required�a bring Borr�vsre�''s account cunent in��uding,�a the extent they <br /> ar�ob�igation�of Borrower under this�ecurity Inst�rument,fareclosure costs and reasonabie and cu�tomary <br /> attorneys'fees and expenses pr�perly associated with the fore�lasure proceeding, Upan reinstatement by <br /> Borrower,thYs Security Instrument and the�bligatians that it s�cures shal�remain in effect as�f Lende�'had <br /> not r��uired irr�.me�iia�te payment in full.Hawever,Lender is not r�quired to permit reinstatement rf: �i} <br /> �ender has accepted reinstat�ment af�er the commencement af foreclosure proceedings within two years <br /> immed�ately preceding th�commencement of a current foreclosure proceed�ng, (ii}reinstat�m�nt will <br /> p�ec�t�de for�closure on diff�rent grounds in the fut�re,t�r�iii}rernstatem.er�t wil�adversely affect the <br /> pr�arity of the lien created by this Secur��y�nstrument. <br /> 'I�. �vrrorrver Not Released;ForbearanceBy Lenc�erNat a Waiver. Extension of the time of payme�t or <br /> modi�cation of amartization af the sums secured b}�this Secur�ty Instrument granted by Le�d�r to any <br /> successor in interest of Borrower shall not operate to reiease�he �iability of the original Borrower or <br /> Borrflwer's succe�sQr in interest, Lender s�a��not b��'e�uired to comrr�e��e prt�ceedings against ar�y <br /> successor in interest or refuse to extend time for pa�ment or otherwise modify am�rt��atian af the sums <br /> secured b��his Seeur�ty Instrument by reas�n of any demand made by the ori,�ina�Borrawer ar Borrower's <br /> successors�.n interest. Any forbea�rance by Lenc�er in exercising any right ar remedy sha�l nat be a waiver�f <br /> or preelud�the exerc�se of any right or remedy. <br /> 1�. 5uccessorsand Assigns Bound;Joint and S�yerat Liabifity;�o-Signers.The ca�enants and <br /> agreements af this S�curity In�trument shall bind and bene�t the suc�esso�-s and assigns of Lender and <br /> Barrower, subject to the pxovisions of paragraph 9(b). Borro�uer's covenants and agreements shal�be joint <br /> and several. Any��rrower w�io co-signs t�is Security I�.strurr�e�t but do�s not execu�t�th.e�ote: (a}is <br /> ca-signing thi�Security Instrum�nt only to mortgag�,grant and convey that Borrovver`s�ntereSt in the <br /> Froperty under the terms af th�s Secur�ty�nstrument; (b) is not personaily ab�igated to pay the sum�secured <br /> b�this Security�nstrument;and�c}agrees that Lender and any ather$arro�er may agree to extend,modif�r, <br /> forbear or make any accommodations with regard ta the terms of this Security Instrument or the N�te <br /> without tha�Borro�ver's cansent, <br /> '!3. [Voti�es.Any notice to Borr��rer provided far in t�is Security Instrum�nt sha11 be gi�en by deiivering xt or <br /> by mailing i�by f�rst class mail un�ess applicab�e law requires use�f an�ther me�hod. The notice shall be <br /> dir�cted to the Property Address or ar�y othe�address�orrower�esignates b�r�atice to Lender. An�r nat��e <br /> �a Lender sha�1 be given by f�rst clas�mail to Lender's address stat�d here�n or any adc�ress Lender <br /> designates by notic�to Borrovver, Any notice provided for i�this�ecurity Instrument sha�l be deemed to <br /> have bee�given to Borrower�r Len�er when gi�en as provid��l in this paragraph, <br /> 'i 4. Go�ern i ng Lavir; 5e�erabi!�ty.This Security Instrument sha�i be go��rned by Federa� �aw and the law of <br /> the jurisd�ction in which the Property is located. In the event that any pr��ision or clause of th�s S�curit� <br /> Instru.ment or the N�te confl�cts with applicable�avv, such conflict shal�not affect o�her pro�isions af�his <br /> Security Ins�rument or the Nate�hich can be gi�en effect with�ut the conflicting provisian. Ta this enc�the <br /> provisiar�s�f this Se�ur�ty In�tr3ument���the Note are dec�ared to be se�r�ra�b1�. <br /> FHA Mortgage WITH MERS-NE ��� �� Revised 4I9fi <br /> VMP� VMP4N(NE)[1342}.44 <br /> Vllolters Kluwer Financiaf Services Pa�e 6 of 10 <br /> q4333�1Q6�41 �233 �94 ���.� <br />
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