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201406133
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201406133
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Last modified
7/20/2017 8:55:27 PM
Creation date
9/26/2014 2:16:30 PM
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DEEDS
Inst Number
201406133
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��14��133 <br /> of the lien of this ��curity Instrument�r to any action brough�to enforce any of the Loan <br /> Dacuments. <br /> 27. WAIVER�F MARSHALLING. Notvvithstanding the existence af any other <br /> security interests in the Mortgag�d Property held by L�nder or by any ather par�y, Lender sha11 <br /> ha�e the right to determ�ne the order in which any or a�� of the M�rtgaged Property shall be <br /> subjected to the remedies pro�ided in this Security Instrument and the Note ar applicable law. <br /> Lender shall ha�e the right to determine the ord�r in which any or all port��ns of the <br /> Indebtedn�ss are sat�sfied from the proceeds r�al��ed up�n the exercise of such remed�es. <br /> Borrower and any party who naw ar in the future acquires a security interest in the M�rtgaged <br /> Property and vvha has actual or constru�tive notice of this Security Instrument wai�es any and all <br /> right t� require the marshal�ing of assets ar t�reyuire that any of the Mortgaged Property be sold <br /> in the inverse order of alienation nr that any of the Martgaged Pr�perty be s�1d in parcels or as <br /> an entirety in connection with the exercise of any of the r�medies permitt�d by applicabie law or <br /> provided in this Security Instrument. <br /> 2�. FURTHER ASSURANCES. Borrower shall execute, acknow�edge, and d�li�er, <br /> at its sale cost and expense, all further acts, deeds, �on�eyances, assignments, estoppel <br /> c�rtificates, financing statements, transfers and assurances as Lender may require from time ta <br /> time in order to better assure, grant, and c�n�ey to Lender the rights intended to b� granted, now <br /> ar in the future,to Lender under this Security Instrument and the Note. <br /> 29. EST�PPEL �ERTIFI�ATE, 'Within ten ����days after a request from Lender, <br /> Borrower sha�l de�iver to Lender a written stat�ment, si�ned and acknow��dged by Borrawer, <br /> certifying to Lender�r any persan designated by Lender, as of the date of such statement, (a�that <br /> the Note, �sa lang as th� Laan is insured by HUD, the Borrower's Regu�atory Agreement} and <br /> this Security Instrument are unmodif�d and in full force and effect(or, if there ha�e heen <br /> modifications,that the Note, �so long as the Laan is insured by HUD,the B�rrawer's Regulatary <br /> Agreement}and this Security Instrument are �n full force and effect as m�dified at�d setting forth <br /> such modifications}; �b}the unpaid principal balance af the N�te; �c}the date to which interest <br /> under the N�t� has been paid; �d}that Borrower �s not in default in paying the Indebtedness or in <br /> performing or abser�ing any of the c�venants or agreements contained in this Security <br /> Instrument, and the Note and(so l�ng as the Loan is insured or held by HZJD,the Borrawer's <br /> Reguiatory Agreement� (or, if Borrower is in default, describing such defauit in reasonable <br /> detail}; (e�whether or not there are then existing any setoffs or defenses known to Barrower <br /> against the enforcement af any right or remedy of Lender under the Not�, (so long as the Loan is <br /> insured or held by HUD, the Borrow�r's Regu�atory Agreement}and this Security Instrument; <br /> and �f� any additianal facts requested by Lender. <br /> 3�. ��VERNIN�LAW; �UNSENT T�JURISDI�TI�N AND VENUE, <br /> (a} This Security Instrument and the Note, if it does not itse�f expressly identify the <br /> iaw that is to apply to it, shal� be gnverned�y the laws af the Proper�y Jurisdi�tion, except so <br /> lang as the Loan is insured or held by HUD and solely as t�rights and remed�es of HUD as such <br /> local or state laws may be preempted by federal law. <br /> Pre�iaus�ersivns obsoiete Pa�e 28 of 4� form HUD-54�����RCF�Re�.�31'13} <br />
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