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201502761
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Last modified
7/21/2017 2:09:25 AM
Creation date
5/1/2015 9:36:32 AM
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DEEDS
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201502761
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��15��7�1 <br /> n�t availabl�, B�rra���r shal� pay to Lend�r ea�h month a sum equa]. to one-twelf�h af the �ear�y mor�gag� <br /> �nsuranc�pr�zruum b�in�paid by B�rro�ver v�hen the insuran�� c��vera��� lapsed or��as�d ta be in eff�ct. L�nd�r <br /> vvx�l a�cept, use and re�ain these.paymen�s a� a loss res�rve in lieu of mcwr�gag� xnsurance. Lo��reser�e payments <br /> �ay no ]on��r be r�quir�d, �t t�.e �pfiion of L.�nder, Yf rnortgage insura���e cave���e �in th� amoun� and far th� <br /> per7�d that Len��r requires� provzde��y an in��:�rer approv�d by Len�er a�a�n���oxne� availab�e and is Qb1:ai�ed. <br /> �o�rower shali pay the pr�m�.um;� rec��iireci �a maintain martg�ge ins�Eranc� in �ffe��, Qr ta provxd� a I�s� re��rue, <br /> G7nti1 the r�c���ir�ment far mart��;�e Yns��rance en�s in a�c�rd�.nce with any u�-i_��en a�reeme�.t betv�e�n B�rrawe.r <br /> and Len�er�r Appli�ab�e La�. <br /> Inspe�tYan. Lender or zt� a�ent ma� make reas�nah�e entries Upon �nd �inspe�tiol�s af the Praper�y. Lender sha�l <br /> g�ve BQrrotiver n�ti��at��ie t�me c�f ar pr�n.r t��n�ns���tzan sp�cifyin�re��s�nable��use f�r th�inspect�an. <br /> ��n��m�ati�x�.The pro�e��.s o�'any award or claim f�r da�n�ge�, d�re�t or consequent�al, in c�nnection u�i�h any <br /> c�nd�mnat�on �r �ther tal�n� Qf an� part�f th� Prap�rty, o.r for conv�yance in li�u oF condemnati�n, ar� hereby <br /> ass��ned and sha11 be paxd to Len�:ier. <br /> Ir� �h� event af a�ota� tal�ir�� �f a�he Fr.operty, the pr�ceeds s�all b� appl.i�c� to th� �ums secured by th�s �ecurzt� <br /> In��rum�nt, vvheth�r Qr not then du�, v�i�h any ��cess pai� �� �orrov���A. In the event �f a part�aX taki.:n.� �f the <br /> Pr�p�rtv i� whi�h �h� fa.�r marl��t ��lue aC th� Frap�r�.y zmmediately b�Fore th� taking �� �qua�to �r grea��r �.han <br /> the amou�7t af t�e sum.s secured hy th�� Se��.�rity In�trum�n�i�n�rm�dia�el�� before th� ta.�in�, unle�s ��rr��ver and <br /> L�nd�r othe�i�e agr�e�n wr��in�;,tla�s�.�ms se�ured by �his 5�cur���Inst��ument�hal1 be reduc�d by�ie amount af <br /> the�ro�eeds multip���d b�t1��f���ow�ng fraction: �a}th� total arnount of the �ums s�cur�d��r.unedia�e��l�efore th� <br /> tak�.nb, d���d�d l�� �1�� the fair m.arket �alue of�h� Property z�n�ned�a�el� befar� the �aking. An� �al�.nce �ha�i �e <br /> paid ta B orrow�r, �n the event �F a �art.ial takinb af the �rapert� in �uhi.�h the fair mar�et va�ue �f th� �ra�erty <br /> immedzate�y before the takin� �s ��ss than th� axnount of the �ums secur�d �mxx�ed�atel��efore the ta�in�, unl��� <br /> Borr�wer��1 Lend�r o�herwi�e ���r�e zx� v�riting ar unles� �p:p��cab�.e L�.�o�herv�i�e provides, th�pra�ee�is shall <br /> be app�ied to th��u1-ns s�cur�cl by�this Security InstrLlment�he�.h�r�r n�t�he su�n�are the�.d��e. <br /> If the Proper�y is ab�ndoned by]3 arraw�r, or if, aft�r natice�y Lender ta B��r�v��r that th� candemnor o�fer� �o <br /> rna.I�e an avvard or s����� a�lairn f�or dama�es,B�rro��r f��ls t�resp�nd t:o L�nder�xthin the mu.nimum nL�mber of <br /> days established by Applica�le L.a�v after. the dat�the nat�c�is given,L�n�d�ar is auth�ri��d ta coll���a�d������he <br /> �r��e�ds, at its ogt��n, e�ther �o� restoration ar repair af th� Prapert� ��r ta the s�.ims secured by thzs ��cur�t� <br /> Ins�rument,wh�th�r�r za�t then du�. <br /> Unless L�nd�r an�i Borro�ver ath��rwis� a�ree in tivr�tin�, any�pplication of pr��e��s to principal shall not��tex�d <br /> or pa�tpo��e the �ue date Qf �he pa�me�ts r�ferred to in the ,e�tz�z�. titl��i Pa�men� of Pr�ncipal and Ir��terest; <br /> Pr��aaym�nt and Late�h.ar�es or cha�age th�am�un�of su�h payments. <br /> B�rrr�wer Nat R�le��ed� For�wQarance �y Lender i�T�� �� VVaiver. Ext�nsi�n of the �irn� far payment ar <br /> madif�ca�i�n af amor�i�ation af t:he sums sec��red l�� this S�curity Instr��m�nt gran�ed b� Len�ler ta Borra��r or <br /> any �ucces�ar in �nterest of Ba�rr�vver shall n�� operate to release th�e l�abil��y of �he ari�znal �orr�w�r ar <br /> Barra��er's su�Gessors in inte.r�st. Lender shall n��he requxr�d.to camrnence pra��edin�s aga�nst any su���ssc�r�n <br /> int�r�s�ar refu�e�o e�tend t�me f��r paymen�or ather�vise�m��l�fy�mortiz��ti�n af�he suxr�s sec��red by thx�Security <br /> Ins�rument by r�a�an af any dernand rrzac�� �� the �rig�n�l 1�orrov��r o�r Borro��r's st��c�ssors �n inter�st. Any <br /> farbearan�e ��Lender�n exercising an�r��ht o�rernedy shal� n�t]�e a��vaiv�r of or pr��lud� the exerc�se af ari� <br /> r�ght ar remed�. <br /> Su�.�ess�rs an� A�signs �ounc�,; �o�nt and Se�era� L�ability; A��or�ux��d.ation 5igners. The cflv�nan�s and <br /> a���em�n�s af thi� �e�uri�y In�trl�m�nt sha1X ��nd and�enefit fhe �ucces�ors and assigns of Lend�r and��rr�v�er, <br /> subjec� ta th� �ra�i�ions �f ��ctYon t�tled Transf�r of the Property ar a Ben�f��ial Int�r�st in Borrower. <br /> �o�x��ver'�Goven�nts and a,�reexnents �ha1l�e j�int and sev�ra.�. Any p�r�an who co-si�ns thi���cur��y In��rumen� <br /> bu� d�es not exec��te the N�te �„Ac��mm�da�xan S�gner"�: �a} i.s co-�,igning this Security Instr�um�nt �nXy �to <br /> m�rtgage, grant anci�nnvey th�t Ac��mrxa�ciation S�gner's Ynterest�n th�Praper�y under �he �erms af the ���uri�� <br /> Tnstrumen�; �b} is no�per��nally ��b�i��ted ta pay the sums secured by this S�Gurit�Instr�.ur�ent; and��� a�rees th�t <br /> �2�Q4-2Q14 CacnplianGe Sy�tems,In�.�9a8-80C�4-2t)13L?.3.1.8Q3 <br /> Cansuiner Rc�l Estate-Security Instrument DL2D36 Pa;e=}af 7 �.•ww.carnplianccs}�stems.carn <br />
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