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201501454
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Last modified
7/20/2017 11:03:56 PM
Creation date
3/10/2015 11:08:47 AM
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201501454
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��15�1454 <br /> �f Lender�xercises th�s aption, Lender shaii give Borraw�r natice of acceleration. The na�ice sha��provide a <br /> period of not less than 3� days fram�he date�he notice is gi�en in accflrdance vvith Sec��on 1 S within wh�ch <br /> �3�rravver rnus�pay a�� sums secured by�his Securi�instrument. If Barrovver fails t�pay thes�sums prior to <br /> the expiration of�h�s per�od, Lender may invake any r�medies permitted by�his Security�ns�rum�n�w��hou� <br /> fur�her no�i ce ar demand on Borr�Wer, <br /> �9. Barrower"s Right to Reinstate After Acceleration. If Borrower meets �er�ain co�aditions, Borro�ver <br /> shall ha��the rlght�a ha�re enfarcement of this Security�nstrurnent discontinu�d a�any�ime prior�o�he <br /> earliest❑f: (a} f�e days before sale of�he Property pursuant to any power af sa�e contaxned in this Security <br /> �ns�rument; �b� such other perlod as App�icabie La�tr might spec�fy for�he terminat�on of�3�rrower's righ��o <br /> reinstate; or�c) en�ry of a�udgment enfarcing th�s Security Instrument. Those�ond���ons are that Borrower: <br /> (a} pays Lender aI� sums wh�ch then wou�d be due under this Security�nstrum.ent and the Note as if no <br /> accelera�ion had occurred; �b� cures any defaul�of ariy other co�enants ar agreem�nts; (c� pays all expenses <br /> in�urred in enforc�ng th�s Security�nstrument, �ncluding, bu�not Iim��ed ta, reasonab�e attQrney�' fees, <br /> pr�perty znspec�i�n and�aluat�on f��s, and�ther fees ir�curred far�he purpase of pro�ecting Lender's interest <br /> in the Proper�}r and r�gh�s urider th�s 5ecur�ty�ns�rurnen�; and�d)tak�s such ac�ion as Lender rnay <br /> reasona��y requlre to assure tha�Lender's i�ateres� in�he Property a�d rights under this Security Ins�rument, <br /> and E�rrawer's obi�gation�a pay�h�sums secured by this 5ecurity Ins�rument, shall can�inue unchanged. <br /> Lender may require that Bnrrov�rer pay such re�ns�atemen�sums and expenses �n�ne-or mare of the fo�lov�ing <br /> forms, as seiec�ed by Lender: �a} ca�sh; (b}money or�er; �c} cer�ified check, bank�h�c1�, trea�surer'� check or <br /> cashier's check, provided an�r�such check is dra�nrn upan an ins���utian v�hose deposits are�nsured hy a <br /> federal agenGy, instrum.en�alrty or ent�ty; or �d}E�ectr�an�c Funds Transfer. Upon reinstatement by Borrou�er, <br /> this Security�ns�rumen�and obl�gations secured hereby sha�l remain fu��y effecti�e as if n� acceleration had <br /> occurred. Ho�vever, �his righ��a reinsta�e shall not app�y�n�he case of accel�ra�ion under Se�tian �S. <br /> �D. Sate �f Note; Change of Loan Serr►i�er; Notice vf �rie�an��. The Nate or a par�ia� in�eres�iri the <br /> Nflte(t�g�ther with th�s Securi�y Instrurnen�� can be s�1d one or mare�imes withou�prior notice to <br /> B�rrawer. A sale mYght result�n a chat�ge�n�he en�ity(known as the "Loan SerWicer")that collec�s Peri�dic <br /> Payments due under th�Note and this.Securit�Instrument and performs other mor�gage loan ser�icing <br /> �b�i�ations und�r the Na�e, �h1s Securxty Ins�rument, and Appl�cable Law. There aiso might be�ne or rnore <br /> charig�s of�he Laan Ser�l�er unr�Iated to a sa1�of the Nate. If there�s a chan e of the Laan Ser�icer <br /> � , <br /> Barrower w��l b�g��ren v�rr�ten notice of�he change which will sta��the name and address af the nevv Lt�an <br /> Servicer, �he addr�ss to wh�ch paymen�s sht�uid be made and any other �nforrria�ifln RESPA requxr�s in <br /> connectifln vvi�h a natice�f transfer of servic�ng. �f�h�Na��is s��d and thereaft�r�he Laan is serviced�by a <br /> Laan Servicer o�her than the purchaser�f the Na�e, the rnortgage loan ser�icing obiigatians to Borro�ver wi�l <br /> remain vv�th�he L�an Serv�cer or be trar�sferred ta a suc��ssor Loan Ser�icer and are no�assumed by the <br /> No�e purchaser unle�s o�hervtrls�provzded by the Nate purchaser, <br /> Neither B�rrov�rer nor Lender may cornmence,j o�n, or be j oined to any judicia.� ac��on�as ei�her an <br /> individual i�t�gan�or the m.ember of a c�a�ss��hat ar�ses frflm the a�her party's ac�ions pursuant ta this <br /> Security Instrum�nt or tha�alleges that th�other party has breached any prnvision of, or any du�y owed�by <br /> reason of, �h�s Security�nstrument, unti�.such Barrflvver ar Lender has no�ified�he ather par�:y�with�uch <br /> no��ce g1�en in cornp�iance with the requrremen�s of Se��1on �5� ❑f such al�eged�reach and affarded the <br /> ather party h�r��o a reasar�ab�e period after�he giving af su�h noti�e�o ta,ke�vrrective ac�ion. �f Appl�cable <br /> Law pro��des a tim�peri�d wh�ch mus�elapse before certain action can���aken, tha�time perifld wi11 be <br /> deemed to b�r�asonable far purp�s�s of this paragraph. Th��otice of ac�e�eratinn and appartunity��cure <br /> given to Barr�vWer pursuant�� 5ect��n 22 and the nfltice�of accei�ration given to Borro�wer pursuant�o <br /> Section I S sha�l �e deemed to sa�isfy the na��ce and opportunity�o t�e c�rrecti�e action provis�ons of�his <br /> Se�tion 2�. <br /> 88�1fi87095 �e . �� ��, .�� 884�fi$TQ95 <br /> N�gRA51{A-5ingl��amily-Fannia Maef�'reddie Nla�UNI�ORNi lNSTRUMENT VIl�TH ME�iS � � ���m ao�s�ra� <br /> VM P� . � • � VM PGA�NE�{�3�2) <br /> Wo##ers KEuwer�irrancial Services � � �, � '' Page 13 of�7 <br /> . <br />
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