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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
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201507950
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2� 15�795� <br /> C�°`���� ��������������� ��� ��.�����r �������������i�.���i������i�� ���������, ��� �t����� ������. <br /> prorrisions of this Security �nstrument and�the �redit Agreement a�e de�lared to be �everable. As <br /> u�ed herein, c�sts, expenses and attarney� f�es �nclude al� sums t� the exte�t nvt <br /> prohi�ited by applicable law ar I�m�ted herein. <br /> �4�. �r�ar�Mortga��3 ar D�ed �f=Trust;� Mvd��c�t��n;� Futur��I�d�►�n��. B�rro�rver ����i not en�ter-. <br /> �nto an a��eernent v►r�th the ho�der of any m�rtgage, deed af trust or �ther security agre�m�nt <br /> rnrhi�h �as r�orit vver this �ecur�t lnstrument b whi�h �Cha r' <br /> p y �y � y . t secu �ty agreement �s mvd��ied, <br /> amende�, extended, ar rene�ved, w��hout the prior written �vnsent af the Lender. Borrvwer shafl <br /> r�either requ�St nar accept any future ad�an�e under a pr�or mor'�gage, deed of trust, or ather <br /> �- <br /> ������:��y��.���_����������.�:ra:����� ��'��r-�_�=������ �����������.�����:� <br /> '1�. Ba�rawer"s Co . Borr w r h 1 <br /> py o e s al be furnis�ed a �opy af the �red�t Agreement and of th�s <br /> Security instrument at t�e time of execut�on or afte� recordation hereaf. <br /> '1�. R�ha�a�litat�on L�an Agre�ment. ��rr�wer shall fulfill all of Bv�rawer's o�ligatians under <br /> any hame rehab'r�itativn, im�rorrement, rep���r, vr other �van agreem�nt which B�orrower may �nt�r <br /> �ntv with Lende�. Lender a� Lender's ❑ t�on ma re uire Borrd�nrer ta execute and de�iver to <br /> r <br /> � <br /> Lend�r, in a form a�ceptab�e to L�nder, an ass�gnment Qf an� �ights, claims or defenses which <br /> Borrvwer ma�1 harre aga�nst parties who supply labar, materials ar ser���es in connectian with <br /> improrrements m�d� to th� Pro�perty. <br /> �'�. �i��v�� ��'� F�c�������€� �x�� ��va�. T.v �h e� �n �rrr�� . . .. <br /> p � � t pe tte� �y ��►n�, ��rrv�r�r �+�r���� <br /> waiWes the �enefit �f the Mc�mestead exemptio� as tv a�� sums �e�ured �y thi� 5ecurity <br /> instrument. <br /> 'I 8. 'V�ai�er af�t�tutes vf Lirnitat�vr�. Tv the ext�nt permitted �� law, B�rro►nrer hereby wai��s <br /> statutes vf �im��atiar� a� a defense t� any �emand a� ob�i�ation secured by this Security <br /> ln�trum�nt. <br /> 'I 9� ll�erg�r, There shall be na merger�of th� interest ar estate created �y this 5e�urit� <br /> Instrument v�r�th ar�� ather int�rest o�r estate �n �h� Property at an� t�me hel� �y or fvr the �enefit <br /> �f.��r���er.�n,�ny.�aL��.�_.���� , vvi����a�_�h� v�r����x� ��.��s��� �f L�.���r� <br /> ���. ��t�����f�f�an���r af�ti�� ��o �P� _ ����r���� a#�t�r`�r�n���r. �or-�a��ver �-��I �v� r�a�ic� t� <br /> �r � � <br /> Lender as ra��ded in a�agra h 'I�hereof r��r to an sa� or r r f <br /> , p � p p , p y e t ans�e o a11 �r part af th� <br /> Pra ert or an ri hts in the Pr� ert . An erson tv �rvhc�m ai� v� art af the Prv ert o� an r�ght <br /> p �Y y. g p Y y � p P Y J� � <br /> �n the �o �e�t �s so�d or trar�sferred alsa shal� �e o�li ate� to i�e natice �o L�nder as rov�cie� <br /> ► <br /> �n pa�agraph � here�f, prarr�pt�y after such transfer. <br /> J 9 p <br /> ���en �f Bo�rower trar��fers the Prope�ty, Borr�wer �►r�l� canti�ue t� be abli�ated under th� <br /> �redit�Agreement and this 5e�ur�ty In�trument unless Lender rel�as�s Borrower in writinr�. As a <br /> condit�on t� Lender's cvnsent ta any prap�sed transfier ar as a conditinn t� th� releas� af <br /> 8n��r�w��r �:e��er �a� re����-� ��a� t�� �er��r� �c� ��v�ta �-�� �'�rc��ert� �� �trar�s#'er�r�ec� ���� -��, <br /> ���u���cit�n �+gr�����t �����f��t�ry �� L�n�+er �r�� L��r���r ��� irnp�se �n ���urr�p�i��n �f��. Tf�� <br /> as�umption ��reement wil� not ent�tle the person s�gn�ng �t to rece�ve ad�ances under the Credit <br /> Agreern�nt, <br /> �'I. T`r�nsfer af the� Prr�p�rtyr Su�ject to. ap�l�cable �aw� L�nder� shal# hau�� t�e� right t�: <br /> a��el�rate that �s tc� derr�and �mmedi�t� a ment in full of all sums secured b this Mor e r <br /> ❑� d � r � g p Y Y t9�g � <br /> e f Trust, �f orro�er, �vrtho�t the wr�tten cansent vf Lender, sel�s or transfe�s alI ar part af <br /> �he Prvp��rty a� any r�ghts in the Property. <br /> if Lender exercises the o tian to aG�elerate, Lender� shall giWe Rorra►wer r�at��e vf acc���ratior� <br /> f� �������� . �e����� �.�c� �� � �� h��r� �. �� � � - � �� r � <br /> � .. �a � � � � ���� � � ��Q ��� � �.�r��� �� ��t ���� ���� �� <br /> da s �r�m the date af the nvtice v►e�thin rrvh«� �arra er a a t�e m � <br /> y ►►� m y py s u s d e c a r e d d u e, i� <br /> Bvrrower fai l� t� a t hose sums r�or t� t he ex ira tion a f suc Y� e�rio d L�n der ma v►r�t h�u t <br /> further noti�e or demand an Bc�rrower in►�oke �n�r remedies nermitted b aragra h �� h� <br /> r J 1" � p p ��eof. <br /> ��. D�fau��; �'�rm�natian �nd �1cc���ra���n� ���nn�d�e�. E�c� vf� �Me f�n�win err����: ����1 <br /> r <br /> const�tut� an �rrent of c�efault �"e►�ent of ��fau�t'r� u�der this ���urity In�truro��nt: ��� �orr�wer <br /> corr�mits fraud or nnake� a m�a��r�a�l �misrepre�entat�on in cor�rnect�on ►w�th th�s Security �nstrurnemt <br /> ar the �redit A re�mer�t; �2� �3arr�w�r do�s �ot rr��et th� repa�ment te��ns af th� �red�t <br /> A r�emer�t� or � BvrrQwer`� ac�ion ar inacti�n adverse[ aff�cts th� en er"s ri ht �n <br /> � � � � y � d � s the <br /> �������� ���t���� �� ���� ���_����_ ����������� ��' �� ����� �f ��f���� c������� �#��� v��r �c� <br /> exercisrn an ri ht or re�rn�d rav�ded for �n th�s S�cur�t lnstrument and rror to ac�e�eration <br /> � <br /> L�nder sha�l �ive�otice a� r��ided �n ara ra h 1� hereo��nd a� r� ��red b p a �icabfe �aw. The <br /> nat`rce sha� s� �ci� : � the e�e�t gf d�fau�x �a th � q � p� - <br /> i p y � � t. � � ��t on reqa��red tv cur� the �r►er�t �f default, <br /> ���� a dat� nc�t° l��s� t�an�tw��ty� days �ar �ny �anger-p�r��d� r��u�r�d� �y �pp�i�a��e �a`nr)� frc�m t�e <br /> d�te the nvtE�� is i�en to �orrower � which �he errent of default must b� cured� d that failur <br /> � � ► � 1 � <br /> tt� �ure the e�ent of c��fault an or before t�e c�at� specified in �he na�i�e r�nay r��ult i� �cce��ration <br /> �f the sums S�c�red li�► �his �ecurity lnstrurr�ent andf sale of the Property; a�d ��� any �ther <br /> ��formati�n requ�r�d by applica�:e law� The n�t�ce sha�t further infvrm �orrs�v�rer af th� right to <br /> . � _ <br /> � � � ���+� ��:.:�+��'� ���� :�� .������±� �+� ���� �����_- �� ����� � �.���� �+����,� �� ��� <br /> �:...��:�::�_�t::.. �` ,.._��..�..+��_ � � ; �: �� ��� <br /> : <br /> non�xi�te��e �f�an er�ent vf t�efau t or any oth�r defense of �orrower tv a�celeratio� ��� sal�� If <br /> �he ��r�nt of default is �ot ��ured on or befare tF�e date �pec�f��d �n the n�tice, Lenderr at L�nder's <br /> ENE998�� <br />
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