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201507310
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Last modified
7/21/2017 1:26:39 PM
Creation date
10/26/2015 9:05:37 AM
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DEEDS
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201507310
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�� 1 5�731 � <br /> pe�san�,en�ities or Success�rs i,n�nt�rest of�arrawer ar in amounts Iess�han�he amaur�t�hen due,shat�no�be a wazver <br /> of or�reclude the exer�is�of any right or rem�dy. <br /> 13.Joint and Se�era�Lia�ili#y;Cv�s�gners;Suc�essnrs and Assigns B�und.Borraw�r co�enants and ag,��es tha�t <br /> Borrflwer's abTigati�ns �nd�iabili�y sha�l be�oinx and several.H�we�er, any Barrawer who co-sxgms this Seauri�y <br /> Instruxnent but daes r�ot�xecute�h�Na�e�a"c�-sig�.er'3};�a}is�o-signuag�his Secur�t�r�ns��rrument an��to mor�gage, <br /> gran�and�onvey�he co-signer's int�res�in the Proper�y unde�the terms of�his S�cur�ty�nstrurnent;�b�is n��persanally <br /> flbliga�ed�o pay the sums secured by this S�c�zri��nsriu�en�;arid�c}agrees that Lender and any other Bonrflwer can <br /> agree�a e�tend,modx�y,forbear�r make any accommada��ons with re�axd to the terms of�his Secur�ty�nstrumen��r the <br /> Nate w��h�ut�h.e Gfl-signer's�vns�n�. <br /> Sub�ect�a the pr�visians of S�ctivn 1�,any Successor�n�nterest af Barr�wer who assumes Bo�rawer's�b�iga�zons <br /> under this Securi�y�nstrument in writing,and is app�a�ed b�Lendear,sha��abtain aI1 of Barrower's rights and bene�its <br /> under�h�s Secu�rity�nstrun����.Ba�rav�rer shall not he relea�ed fram Borrvwer's abl�gations and�iability under�h�s <br /> Security Instrumen�un�ess Lender agrees��such re�ease in��ting.Th�covenants and agreements af this Se�urity <br /> �nst,rument sha��b�nd�except as pr�vided�n Sect�4n 2�)and benefzt the successo�rs and assigns❑f Lend�r. <br /> 14.�oan Charges.Lender may charg�B�rrawer fe�s f�r servrces p�rfarmed in canr�ectian with�arrawer's defau�t, <br /> f�r th��urp�se of prot��ting Le�.d�r's interest�n the Pr�p��y and rights under this Se�urity�nstrument,inciuc��ng,bu� <br /> not�irn�t�d ta,a�torneys'fees,�op�rty�,nspec�io�a.n�vaivatian fees.In regard ta any 4�her fe�s,�the a.bsence of�xpxess <br /> au�hor��y in�his Security�nstrum��t to charg�a spec��c fee�a Barro�ver sha�I n�t be c�ns�ru�d as a prahibitian an�he <br /> charging af such fee. Lend�r n�ay nat charge fe�s tha� are e�pressly p�rahibi�ed by�his Sec�r�� �ns�rum�nt Qr by <br /> Appiicab�e Law. <br /> �f the Loar�is subjecf to a law v�hi�h se�s naax�mum��an charges,an��ha�Iaw is finatiy in�erpre�ed so tha�the <br /> in�e�est ar a�her�a�n charges�ollected ar�o be c�i��c�ed in c�nnect�on with�he Laan exc�ed�he�ermit��d iirnits,then: <br /> �a�any such toan c�arge sha.�I be reduced by the amount necessa��o reduce th�charge to�he pernutte��irn.it;and�b�any <br /> suxns a�ready G�ri�ected frorr���rrawer whi�h �xGeeded permi�ted limits wiil be refunded ta Borrower,Lender may <br /> choose to mak��his refund by reducing th.e principal vwed under�e��te or�y making a dir�ct paymen�to Borrower.�f <br /> a refur�d reduc�s pr�cipa�,�a�rec�uc#i4n will be trea�ed as a par�ial prepayment withaut any prepaymen�charge�whe�he� <br /> �r n��a prepaymenf charge�s pr+��ided f�r under the rl�te�,B�xrower's ac��ptance�f any such x�fund made by direct <br /> paymen�to Borr�we�vr�ili cans�i�a.te a wa.i��r of any ngh�of action B�rrower rnigh�h��e arising aut of such a�erchar�e. <br /> �5.No��Ces.Ai�not�ces given by Bar�rower ar Lender i�conn�ctivn with this Security Ins�rument mus��e in wrxt��ag, <br /> Any not�ce�o B�rrower in c��ec�i�n wit�a th�s Securi�y Instrument shali be de�med��ha�e been giW�n�o F��rrvwe� <br /> vvh�n ma�ied by f rst e�ass mail ar when actuatly d��ivered�Q Bor�ow�r's notice address if sent b�a�h.er means.�a�i�e to <br /> an�on�Bor�rower shal.l constitu��natice�o all Borrvwers unless Applicabi�Law e�pr�ssly rec�uir�s atherw�5e.The not�ce <br /> addres�shall be�he Frope�-�y Address un�ess B�rrower has designat�d a subs�itute na�ice a.dd�ess by natice to Lender, <br /> Borrower sha�l pr�mpt�y notify Lender of Bor�rowex's chan�e�f address.If Le��er spec�f�es a�roc�dure for reparting <br /> Ba����er's change of addxess,then Bort�aw�r shali only report a change of a.ddress�h�rau�h tha�specif�ed procedure. <br /> Th�r�may be anly��ze d�signated no�ic�address under th�s Se�u�it�rz�s�ruYnent a�any ane�ime.Any n�ti�e to�ender <br /> sha,�l be g�v�n by de�i�ering i�ar by mailing it b�fxrs��lass maYl�o Lender's addre�s s��ed herein unl�ss Lender has <br /> de�ignated anotk�er address by n��ice�a$arravver.Any na�zce in�onnection�v�th this Se�u.r�ity instrum�nt shal�na��e <br /> deemed to ha�e been given to Lender untii actu.a��y received�y Lender.�f any n��.ce requi��d by�this Security Instru�men� <br /> is alsa requ�red under Appli�able Law,the Applicable Lavv requ�rement will satisfy the carresponding requirement under <br /> th�s Security�n��rurnent. <br /> 16.Gouern�ag Law;Se�erah�Ii�y;Rules t�f Constructi�n.Th�s Security Ins�rurnerit shall be governed by f�deral <br /> law an�.the Iaw of the,�ur�sdzc#ian�n which th�Property is�aca�ted.l�li rig�ts and obligat�ons contained�n.thzs Secur�ty <br /> Instxumenf ar� subj ect t4 any requ�remen�s and�inuta�ions af Appl�cable Law.App��cable�aw migh�e�plicxtly �� <br /> �mp��cit�y al�ow the parti�s�o agre�by contract or it r��ght be s��ent, �u�such si�enc� shatl not he c�nstru�d as a <br /> pr4hibitxon agains#�greernent��contract.In�he ev�nt�t az�y prvvision ar c�ause of this Secuxi�y�nst�urr�ent or t�� <br /> �iEHRAS�SA-Sing�e Fam��y-Fannie MaefFreddte l�a�UN�F�R��NSTRUi��NT F4rm 3a�8 �107� <br /> Page9 of�3 `� <br /> �os,i�c. Borrower�s}lnitia�s � � <br />
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