201504333 - Laserfiche WebLink

Browse

201504333 As used in this Secnrity Instrtuneiit: (a)words of the masculine gender shail mean and include corresponding neuter words or words of the feininine gender; (b)words in thc siiigular shall incan and include d�e plural and vice versa; and(c) the word''tna.y" gives sole discretion withotrt any obligasion to talce any action. 16. Borrower"s Copy. Borrower shall be given one copy of the Note and of this Security Instrument, 17. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 17, "Interest in the Property" means any legnl or Ueneficial interest in the Property, including, but not limited to, those beneficia] intereats transferred in a hond for cleed, contract for deed, instalhnent sales contract or escrow agreement, the intent of��hich is the transfer of title by Borrower at a future date to a purchaser. If all or any�art of the Property or any InteresY in the Property is soid or transferred{or if Borrower is not a natural person and a benef�cial interest in Borrower is sold or transferred)without Lender's prior written consent, Lender m�y requi�•e iimnediate pay7nent in full of all sums secured by this Security Instruinent. IIowever, this opCion shall not be exercised by Lender if such exercise is prohibited by Applicable Law, If Lender exef•cisas this option, Lender shall gi��e Borrower notice af acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accord�nce with Sectiorl 1�4 wit$in which Sorrower mus1:pay alt suins secured by this 5ecurity Instrumeat. If Sorrow�r fails to pay these suins prior to tha expiration of this period, �ender rnay invoke any remedies permitted by this Security Ins#ru�nent witllout further n�Lice nr demand on Rorrowex. '!$. Borrower's Right to Reinstate After Acceleration. I£Bo�•a•ower aneets certain conclitions, Borruwer sl�all have the right to reinstatement of a mortgage. Those conditions are that Borrow�r: (a)pays Lender all suins which th�n would be due under this Security Instrtunent and the No#e as if no acceleration had occurred; (b}cures any default of any oihar cavenants or agreeinents; (c)pays all expenses incurred in enforcing this Security Instrtunent, including, but not limited to, reasonable attorneys' fces, property inspection and valuation fees, and other fees incurred for tile purpose of protectiizg Lender's interest in fhe Property and riglits under tlzis Security Inst3uinieA�t; a�id(d)tal�es sucli action as Lender may reasonably require to assure that Lender's interest in the Property and rights under this Security Jnstrume�it, and Borro�ver's obligation to pay the sums secured by this Security Instruinent, shall continue unchanged. However, Lcnder zs z�at required ta reinstate iF; {i)Lender has accepted reinstatement after tlie cominencement of foreclostue proceedings withit�two yeacs irzunediately preceding the coirunencement oP a et�rrent foreclosure proceeding; {ii)reinstatement will preclude foreclosure on different grotu�ds in tlxe futu�'e; or(iii)reinstateineuC will adversely affe;cl t�Ye priority of the lien ereated by this Security Instrument. Lendar inay rc;c�ti�ire that Borxowex pay such reinstateinent siuns and expenses in one or more of the following forms, as selected by Lender; (a) cash; (b}zx�oney order; (c)certified check, bank cl�eck, txeasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a£ederal agency, instruinentality or entity; or {d)Electronic Funds Transler, Upon reinstatement by]3orrower, this Security Inslnunent and obligat'rans secured heraby sha11 remain fully e£fective as if no �►cceleration fiad occurrec�. How�v�r, lhis right to reinstate shall not app{y in the case of acceleration under Section 17. 0A515C2956 FHA�eed of Trust-NE 9l30!2014 BankersS�stemsTM VMPC� VMI'4R(ME;{15G2}.61 W vllers K uw eY Financial Services Page 12 Of'E 6