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201507950
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Last modified
7/21/2017 1:56:05 PM
Creation date
11/18/2015 2:44:59 PM
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DEEDS
Inst Number
201507950
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2� 15�795� <br /> #f �arr���r�p��r� �ur�d� �� L����r, �#�� Fu�t�d�. ����� ��. f��f� i� �� it������a����� $h�. ��p�`���� �r <br /> ac�ounts of wh�ch are insured ar uarant�ed � a F�dera� ❑r tat� a enc �ncludin Lender �f <br /> 9 Y $ 9 Y � 9 <br /> Lender is such an insti�ution�. Lender shall apply the Funds tv pay said taxes, assessments, <br /> �nsurance premiums and grvund �ents. Lender may n�t charge fvr so hvlding and ap 1y'rng the <br /> Funds a�a� zin�� said acc�unt c�� �erif in and com ilin sa�d a�sessmer�ts and b�l�� unl�ss <br /> Lender a s Bo�ower intere�t an the Fun�� and a licable law ermits Ler�der to ke s <br /> p y pp � p ma uch a <br /> charge. BQrrower and Lender may agree in writing at the time ❑f �xe�ution of this S�curity <br /> in�trument that in�eres� on th� Fund� shai� b� paid to Borr�rrver, and unles$ such a�reem�nt is <br /> made ar appiica�le iaw r�quires such in�erest to be paid, Lender shail nvt be� requ�red ta pay <br /> ���:���.e�-���.�����.��� ��-������i � ���t�i� �ur���, �.��c���-����������'� �� 8�;��:��►���.; ������� ����.g�:, .a�� <br /> annual accountin �f �he Func�s showing credits and debits tr� e F n�s n �r� f ^ r <br /> , �g �h u d� w a d t h� p u p o�e f o <br /> �r v h�c h e a c h de��t ta t he Fun ds was r na c�e. T h� FWn d� are fe d e d as a d d�t�ana� secur�t far t h� <br /> sums secured b y th�s Securit y lnstrume�t. <br /> � 9 y <br /> I:f t�e amount af the Funds held by Lender, togethe� with the future mor�thly insta[�ment� af <br /> Funds payable privr to the due �ates of taxe�, assessments, insu�ance premiums and ground <br /> �rents, sh�l� ex�eed the amaunt re u�red to pay said taxes, asses�ments, �n�urance �rem�ums and <br /> round rents as the fall due suc� exces shall be at Borr�wer's o i�n ei r r � <br /> � s]I r S , �]� , thE" �J Uf1"!�]t� �'��]��C� <br /> �o C�orrawer or c�edited t� Bar�o�►ver on monthly in�tallments of Funds, lf the amount af the Funds <br /> h.+e�:d �b� Ler�.der� ��a�[ r�vt b� s�ff���er�� �� ��y ta�e�, ������me�t�, �r��u��n�� pre��.�r�n� a�d ��r:�und <br /> �ents as tf�ey f�il due, Borrow�r shall pay �o Lender any amvunt ne�essary to make up the <br /> defic�ency in one or more payments as Lender rr�ay requir�. <br /> U on a ment i� full ¢� ail sums secured b th�s Securit ��strument Lender sha� ram tl <br /> p � Y y Y � � .p p Y <br /> re fun d to Bor r�w�r any Fun ds he�d by Len der. I f un der paragrap h �� hereo f t he Prvper�y �s sa l d or <br /> the Pr� ert i� otherwise ac uired b Lender Le�der shall a I na later than �mmediatel rior <br /> P �' q . Y . . . � �p�r <br /> to the sale af the Prn ert or �ts ac u�s�t�on b Le�der an unds held b Lender at the time af <br /> r <br /> � l�cation as a �redit a a�r�st the sums secured b th�s 5ecuri lnstrur�ent <br /> p� �J� <br /> �� A lic�t��.� �f�a. nr��r��s� �Jr�l��s � ��cafa��e fav� rav��es oth� w��� 1 <br /> �p � _ r . , �� �aa�nner��s r�ce�ved <br /> b. :L�rrc��r u�d�r th� �r� �� ►� r�����t �in�p�r� ra h-s ���d � ��rea� sh��l �� � ��� - L��d�r <br /> ,Y . � g p p� d �� <br /> f���t �n aym�nt of amounts a able ta Lenc�er b �arr�wer unde� ara r�a h � hereof secvnd i <br /> p P Y , Y p 9 p � . tn <br /> the arder�l.�nder ch�oose� t� an �inance char es oth r char s an II i <br /> � } y g , e ge d co �ct on �asts ow�ng, and <br /> th�rd t� �he r�nc� ai balan�� under the �redi�A re�m�nt. <br /> r <br /> 4. Prior M�rt a� �s and [3�eds of Tru�t�g Char ��� Lien�. B rror►ver sha�l �rform all af <br /> ► <br /> 0 <br /> �vrrc�wer's o�li ations under an mort a e deed of�u st or other securit a reerr�ent with a I�en <br /> 9 <br /> which f�a� r�orit o�er thi� e�urit I nstrumer�t includ�n Borrower�s �c��en�nts tv ake <br /> . r�n <br /> pa ments w en due. Exce t ta the extent that an su�h cha�es or im ositions are to �e a�d tv <br /> L����r �r�de�- ara r� !� �� �arr��re� sh � � g p � <br /> �. � � . ► a� {�a� �r �a��� to #�e ���c� ��� ta��s, a�sessr-���t� ��c� <br /> �t���r c��rg�s, ��ne�s and �mp�siti�o�ns attrit�u����e ta th� �r�per�y �nrf��+ch may �ttain a pr��r��� �av�er <br /> this �e�urity instrument, and leas�hvld pay�ments Qr �round rL�'1�5r if ar��. V1litMin fi�e days after <br /> an d�mand b Lender B�rrower shall �x�hs�it t� Lender recei nts shvwin at all mounts due <br /> � � r �`' � �11 a <br /> �nder t�is para�r.aph.ha�e been.paid-when.due... <br /> �. Ha��rd Ins�ran�e. Borrower shail keep the �mpro�ements �vw ex�stir�g nr Mereafter <br /> ereeted �n the Property insured ag�inst �oss t�y fire, hazards �ncl�ded withtn the term '"ex�ended <br /> co�era e " f�oods and such vt�er hazards as 'Ler�der ma re uire and in such amount� and far <br /> such eriads as Lender ma re uire. LJr�less Lender �n wr�t� �re u�res t ervti►i h i h � <br /> . p y q , . �g q � h se, t e po�cy s a� <br /> ������I� ���t�t�����. �.� �. r��l��r���:�� �t��:� t�����. �� �r� ���t�.�� �a�� ���� ���rt ���� t�������'� �� <br /> c��piy v���th �rt� ��ir�sur�nGe �er��n'�ag� s�ipu����d �n ��� h�zard �r�suran�e �al��yr arrd ��� <br /> arr�ount af cover� e sha�l be no �ess than �he lViaximum �r�nci al Balan�e lus h f I� m � <br /> � . � p t e u a au t �f <br /> any �ien which has pr�vrity o�er this S�curity lnstrum�nt. <br /> Th� i�suranc� ca�ri�r pr'���d�n� th� insuranc��shal! b��ch�5en �y Borr�w�r su�ject tfl ap�r��ral <br /> �y Lender; prowided, that such appra�al shall no�c he unreasonabfy w�thheld. All insurance p�lrcies <br /> and renewals therec�f shall be in a fvrm acceptable to Lender and shali includ� a Standa�rd <br /> mvrtgag� clause in favor af and in a farm acce�ta��e to Lender. Lender shafl ha�e the r�ght to hold <br /> the p�IMc�es and rer�ewals ther�+of, su�ijec� ta the te�ms vf any�mo��ga�e, deed of t�ust or other <br /> ����urr�� a�g������������h ������r����t�t��� �r�r��it���r+er�#�i� ����r�� �r���ru�����. <br /> ln the e�ent �f loss Borrower� shall �v� ram t notice tv t�e insurance Garr��r and Lend r. <br /> Lend�r ma mak� ravf�of Iass if not made prom�tl h Borrawe�r. AI� insurance r�ceeds are <br /> her`�� ass� ned top ender ar� hal� i p p y y p <br /> � g d s be pa d to Lender to the e��ent of all �ums secured by this <br /> Se�ur�ty �r�strument, subject to the t���s of any mvrtg�ge, deed af tr�ust or secur�ty a�r�er�e�rt <br /> with a �ien �rvhich has r�orit over this Secur�t lnstrument. Unless Lender and �arrov►►er <br /> other�ise a ree in writ�n p insurance rflceeds shal�be a lied tc� restor or re air the Prv ert if <br /> it is econ m�ica�l feasib�e tv d� so. � �p � p p �� <br /> � <br /> If the Prvperty is abandaned hy Barrv�v�r, or �f B�rrv►n�er fai�s to respflnd t� L.ender with�n 3� <br /> -�a�r� �'ra�n ��� .�a�� nvt�c� .i� m��l�� �� L.��d�� �o Uca�;r��►►�r ,th�� ��� in��ran�� ��rrier �f.�:�r.� �Q <br /> s�t�fe a claim for insurance �en�fts, Lend�r is authar�ied ta co���ct and� app�y the insurance <br /> �roceeds a� Lender's aption either tc� restvration or repa�r of the Praperty or �o the surns secured <br /> this Securit lnstrument. <br /> � Y <br /> ENE�98-e <br />
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