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201508775
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Last modified
7/21/2017 2:30:38 PM
Creation date
12/29/2015 9:29:27 AM
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DEEDS
Inst Number
201508775
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2� 15�8775 <br /> As used�n this Security Instrument; �a�words af the masculine ge�der sha.l�mean and in�lude <br /> corresponding neuter�vords or�vords of the fem�nine gender; (b}�vords in the singular shal�mean and <br /> �nclude the plural and�ice versa;and(c�the�rord"may" g��res sole d;screti�r�with�ut any obligation to <br /> tal�e any action. <br /> �I fi. Borrowsr's Copy. Borrower sha11 be given on�co�y of the Note and of this Security Instrument. <br /> 'I�'. Transfer of the Propertyvr a Benef�ciallnterest in Borrvwer.As used in this Section I7, "Interest <br /> in the Property"means any legal or beneficial in�erest�n the Property,in��uding,but not limited to. <br /> those bene�c�al int�rests transferred in a b�nd for d�ed,cQnt�act for d�ed, in�tal�ment sales contract ar <br /> escro�agreemen�,the intent o�'which is�the transf�r of title by Borro�er at a fut��re date to a purcha�er. <br /> If all or any part of the Property or any Interest in the Property is sold ar transferred�or if Borrower is <br /> not a natura�person and a benef ciat inter�st in Borro�ver is s�1d or transferred)without Lender's prior <br /> written consen�,Lender may requ�re immed�ate payment in fu11 of ail sums s�cured by th�s Se�urity <br /> Instrument. Hovve�er,this option shall not be exercised by Lender if su�h exercise is prohibited by <br /> Applicable La�v. <br /> If Lender exereises this option,Lend�r sha�i gi�e �orrower notiee of a�celeration.The notic�shall <br /> provide a period of not less than 3�days from the date the notice is given in accordanc��vith�ection �4 <br /> v�ithia which Borrovver must pay a�1 sums secured by�his Security Instrument. If Borro�er fai1�to pay <br /> these sums prior to the expiration of this per�od, Lender may invoke ara.y remedies permitted by this <br /> �ecurity Instrum�nt tivithout furth er no ti�e or d e mand a n B orrow�r. <br /> 18. Bvrrower's Right to ReinstateAfter Aceelerat�on.If Borrower meets certain canditions, BOrroWer <br /> sha�l have the right ta reins�atement af a mort�age. Those conditions are�hat Barrower. �a}pays Lender <br /> a�l sums which then would be due under this Security Instrurnent and�he Note as if na acceleratian had <br /> occurred; (b)�ures any default of any other cove�ants or agreem�nts;�c)pays a1�expenses incurred in <br /> enforcing�his SeGurity Instrument,including,bu�no�limited ta,reasonable attarneys'fe�s,�property <br /> inspection and valuatiQn fees,and oth�r fees incuned for the purpose of protecting Len.der's�nterest in <br /> the Property and rights under this Security Instrurnent;and(d}ta.kes such action as Lender may <br /> reasonably re�uire to assure that Ler�der's inter�st in the Property and rights un�ler this�ecurity <br /> �nstrument,and Borrovver's obliga�ion to pay the sums secured by this Security Instrument, shal� <br /> continue unchanged. However,Lender is not req�aired ta reinstate if: (i}Lender has accepted <br /> reinstatem�nt af�er the commen�emen�of forectosure proceedings�ithin�o�ears immediatel� <br /> prec�d�ng th�commencement of a current fareclosur�pro�eeding;(ii)reinstatement will preclud� <br /> forec�osure an different grounds in the future;or�iii}reinstatement wi11 ad�ersely affect the priority of <br /> the lien�reated by this Securi�y Instrurr�ent. Lender may reguire that Borrav�er pay such reinstatement <br /> sums and expenses in�ne or more of the foli��ving forms,as selected by Lender: �a)cash; �b)money <br /> order; (c}certif ed che�k,bank check,treasurer's check or cashier's check,provided any such check is <br /> dra�rn upon an institution v�rhase de�osit�are insured b�a federal agenry, instrumental�ty or entity;�r <br /> (d)Electronic Funds Transfer.L�pon re�nstatement by Borrower,this Security Instrument and obligations <br /> secured hereby shal�remain fi�lly effective as if no aceeleration had occurred. Hfl�ve�er,this right to <br /> reinstate sha�l not appl�in the case of acceleration under Sectivn. I7. <br /> FHA deed af Trust With MERS-NE 9134l201� <br /> Bankers 5ystemsTM VMP� VMP4N[PVE}�1546}.4Q <br /> Wvlters Kluwer F�nanc�ai 5ervices Page�2 af 97 <br /> q03348���57� ��33 7S9 1�17 <br />
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