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201501181
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Last modified
7/20/2017 10:56:59 PM
Creation date
2/27/2015 1:06:00 PM
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DEEDS
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201501181
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��15�1151 <br /> E�. TRA,NSFER�F THE P��PEk�1�Y �R,� E�ENEFIG[AL�N1�EF2EST [N �����E� <br /> Section 1� of �he Securi�y Ins�rum�nt �s amended ta read as follow s: <br /> Tra�sfer of the Pr�perty or a �nef�c�a� �nterest in �rro�er. As used i n �.h is <br /> S�c��on �I 8, "ln�eres� in �h� Property" r��ans any ie�aI or beneficia! in�eres� in �he <br /> Proper�y, �nclud�r�g, bu� �ot Ii�-ti��d t�, �nos� be��ficial in�eres�s firansf��red in a <br /> ban� fo� deed, co��rac� for d�ed, �ns�al�m��� sales c�n�ract or escr�vtr agreement, <br /> fhe intent of �r hich is �the �ransfer of �i�1e by Borrow�r at a future da�e �o a <br /> p u rch as�r. <br /> lf �I� or any par� of �he Praper�y or any lnteres� in �he Property is s�ld or <br /> �ransfer�ed �or rf Borro�rer is no� a natural person and a beneficial in�er�s� i� <br /> Borrower is s�Id or �ransferred} w��hou� Lender's pria�- w rit�en cansen�, L�nder may <br /> �equire imm�dia�re payment in fu�� of a!� sums secured by this Securi�y Ins�rumen�. <br /> How eW�r, �his op��on sha�� nofi be exercised by L�nder �f such e�cer�is� is pr�h�b���d <br /> �y AppIicable Law. Lend�r aisa shal9 no� exerc�se �his op�ior� �f; �a} B�rrower caus�� <br /> to b� sub�it��d to Lender inforrr�a��or� re�u�r�� by L��der �o �v���a�� th� i�����ed <br /> trar�sf��ee as �f � n�w loan �ere being r�ade to ��� �rar�sferees �r�d ��} Len�er <br /> reasonab�y de��rm�nes �hat Lende�°s s��uri��r ►rv�II �o� be �rr�pa�red �y �he �oar� <br /> assumption and �ha� �he r��sk af a breach of any c�Wer�ant �r a�r�ern�n� ir� �h�s <br /> �ecurity lns�rumen� �s accep�a�Ie �o Lender. <br /> To �he exfen� permi��ed by AppIicab�e L�w, Lender may charge a reasonab�e fee <br /> as a condition �o Lender's consent to �he Ioan assump�i�n. Lender may a�so requ�r�e <br /> �he�ransferee ta sign an assump�ion �greemen� �ha� is acc�p�ab�e tfl Lender and �h�� <br /> abIiga�es �he ��ansferee t� ke�p afl �the promises and agreer�en�s made in fihe No�e <br /> and ir� �hl� S��urr�y lns�rurr�e��. �orr�wer �rill Gontinue �o �e ob��ga��d u�der �he <br /> l�o�e and �his S�curi�y l�s�rur�enf un�ess �ender re�eases Borrovv er i� vv�i���g. <br /> [f L�nd�r �xer��ses the �p��on �� r�q���e ir�arr�ed�a�e payrr�en� �n �u��g Ler�der sha�� <br /> gi�re Borro�r er r���ic� �f acce�era��o�. Th� no��c� sh�ll prorr�d� a per���d �f n�� �ess <br /> �han 3a days fr�m fhe date �he na�ice is g�W�n �r� ac�ordar�ce �rv i�h S�c�i�n '�� �nr��hin <br /> v�rhich Borrower rnus� pay al� sums secured by �his Se�uri�y lns�rument. lf Borrov�rer <br /> fa��s �o pay �hese sums p�-iflr ta �he expirafiion af �his per�od, Lender� may in�ok� any . <br /> rem�dies perm���ed by this Securi�y �nstrurnenfi �ri�hout fur�h�r notice ar demand on <br /> Borrow er. <br /> �4����38 <br /> �1[�1L`f1S`f�►TE e��]J�J�TABLE�A`fE F���]ER- A� ��-� F����� ��e 4-2��-�1�--� �1F�l�li <br /> S��g 1 e Fa m i l y -� Fa n n�e ���l F�r�d d�� �ac lJ iV i��l�ll� ��V ST FZL1 11�E[V T F�r� 3'I'�'I '�l 0'�. <br /> 11 M P � �II F����F��O S O 4�} <br /> �l ti 1�Iters K[u�r er Financial Serv�ces �nitia�s:� , age 3 of � <br />
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