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201601033
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Last modified
7/23/2017 9:50:58 AM
Creation date
2/22/2016 8:45:12 AM
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201601033
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2� 1 �� 1 �33 <br /> L�AN#: '�8'�6'�9969'� <br /> ar��u��o�t�� s�ms�cc�ared �m��dia���� ��f�r��h� p�rtial ��king, d�s�r�cfi�on, or I�ss i� ���u�, ��I��s <br /> �a�rr��r�� ��d Len��� ��h�r��se ag�ee i� �r���r�g, �he Mi��ell�n�au� F'roc���s s�al� be �pp���� �� ��� <br /> su�s �e�ur�d by fi��s Secu���� ln�fir�m�n��h����r ar��t�he s�m��re�hen d�e. <br /> l����P�oper��i�aband��e�d b�1�3orr��er, or$f, �af#�r na���e by�.�nd�����������r�h���h��p������ <br /> P�.r����s def���d i��h�n�x�s�er���n����ff�rs���ak�at�a�rard��se��l�a c�ai��or d�n�ag��, ���r��r�� <br /> fa��s��r�sp�nd�a Lend�erw��n���Q d�y�af#��th�e da�e�he nofi�e�s g�v�n, L��d�r�s��������e���������� <br /> ar�d ��pl� th� ��s�����n��u� f'ro�e�ds ei�her �a r�s���afii�n ar ��p��� �f th� �'rop�r�y o� �� ��� ���� <br /> se�u��d b� �his ���cu�it� inst�urnen�, w�ie�he�o� �o��h�n dt�e. "�pp���ng �arty" �neans�he fin��d p�rt� <br /> �h��o�nres �or�a�r�rer�i���l�ane��s Pra�eed�fl��h� pa�y agai�s��horn Bflr�ow��has � righ�o���ti�n <br /> ir� ���ar� �Q Mis�el�aneau� Pro�e�ds. <br /> ��rro�re�sh��[ �e �n defau���f ar�� a�fii�n a� p�aceed�n�, �uh�the���v�[ or��in��na�, �s b�g�� ����, �r� <br /> L��der's��d�m�nt, cou[d resu�� in f�arf�i�ure of�he Prop�� or �the� ����ri�� ir�pa��r��n� �f Lender'� <br /> �r��er�s�i� tn� F'rop��ty or r�g��s und�r�his S��uri�y �ns�rume��. Bor���rer�an ��r� ��ach a d��a��fi a�d, <br /> i���c��e�����n �as ��cu�r�d, �e�ns�at� as p�ovi��� i� S�c��o� �9, b� caus��� �he act��r� �� pro�e����� <br /> �� �� d�s�i�s�d �ri�h a r�ulir�� th��, i� Le�d�r�'s��dgmen�; p��ec����� f�r�����ar� �f�h� ���pe�y �� ��h�r <br /> ���er�a� ��p��rr��e�� �� Ler�der's ���er�s� ir� ��� Prvp�e�� or rigf��s un�e���is ��curi�� ����r�����. T�� <br /> pr�ce�d���a�y��rard �r claim f��dam�g�s�na�a�e a��r�bu�able ta�h� �����rm�r���f Le�d��'s �r��er��� <br /> �� �he �'r�per��ar� her�by a�sig��� ar�d �hal( b� ��id �o L�nd�r. <br /> �1� �isc�����e��s F�r�����s ��a� are ��� a�p�ie� �a rest�or��ior� �r r�p��� af�h� F��ope�� s��l� b� <br /> �p�[i�� �n�h� ��'d��pr��ided f�� i� Se��ion �. <br /> ��r ��i��VW\r� �❑S. �7�.V�Lt��VL+Y� F�.l���r�f���ti.e i.J� ��r��4■ ��L � ������r �/t`��rJiLfi i �„3} ��� ���l..r �V� <br /> �a�r��n� �� ��d��ic����t� o� �rr�ar�izat�or� �f��� surns s�c�r�d b� �h�� ��cu���}� ����r�nne�� �r�r��e� �� <br /> L�r�d�e��� �3a��a�e� ar any Suc�es��r in l���re�t a� Barro�rer sha�l no� op�ra�� �� r�l���e ��� ii�bi���� <br /> �� ��r���r�� o� a�� �u�c�ss��s i� ����re�� af Borro��r, Lender sha�l no� �� r�g�ui��d �� cor���r��� <br /> proc�ed���s a���r��� a�� Su�c�ssar in In����s�of go�r���r ar�a re�use �o ex��nd �irr�e ��r pa�mer���� <br /> ��h�r����mo���j1����tiza��o��of fi�e��ms�s��ur�d �y t�i�S��uri�y�ns��u��n�b�r�as�ar�of��y�����d <br /> �ade b�r ��� �r��in�� B�rro���a��n� �ucc��s�rs �n in��re�� of Barr���er. �r�� f�rb��r���e �� L��d�r <br /> �n e�erc�s�r�� ��� ri�h� �� rem�d� i�c�udir�g, w��hou� [i�it��ion� L�nd��'� �c��p��n�� �f payrn���s fr�� <br /> ��i�� ���s�n�, e��i�i�� �or ���cc��s�rs in �nfer��t �f C��r�o��r�� i� �m��r��� ��ss �ha� ��e �n��u�����n <br /> �u�, sh��l �o� ��e a���v�����r�re���d�e��� e����cis�e�f a�ty rrg���r re�e��r. <br /> 7 3. J����a������r�l L�������t�;�o-�i���rs��u��ess€�rs�n�����g�����ar�d.Bar����rc�������s <br /> and a�r��� �h�� B�rr�r���'� obli�a�ion� an� I��bi[��� s�ai[ be joi�� ��d ���erai. Haw��r�r, �n�r �3�rr���� <br /> ����o�-��gns th�s��c�ri�t�y�ns�rumen��u�da�s�o��x�cu�����6���e�a"�o-��gner"}: �a�is ca-s�gn��g��is <br /> S�c�rif� �n���urn�n� or��� to �o�t�age, grar�t an� �on��y ��� �ca-si�n�r's �n��res� i� �he F'���er#� un��r <br /> �he ����s af�h�s Securify instrur�en�; ��� is �a�� p��sanally a��iga��d �o pay �h� �un�s s�c�r�d ��r ���s <br /> ����ri�� ir����um�n�; �nd ��} �ag�e�es�ha� Le�d�r ar�� a�y ���e� Barrowe�c�r� �gree t� ex�en�, ��d��, <br /> fa������r���� �ny �c��r��o��.�s�ns�r��h ��gard �� ��e ��errns ��th�s ��c�r��r In�������� g���e N��e <br /> ����a�t�h��o-si����'s cans���. <br /> S��j��� �� �h� pr�v�sia�s 4� Sec�i�� ��; any S�cc��s�� i� ��fier�s� a� ��rr��rv�r �h� �s����� <br /> ���r������o�l�g��ions u��d�r�h�s S��urifi�����rum����i�����i��, and �s ap�r���d ���.���e�, sh���ob�a�� <br /> �����E��r���rer's r��h�s and ��e���i��u�d�r��is�e��r��y lns�rumen�. ��orr��er�hafl �����r�l��s�d fr�� <br /> ���r�����s�b��g���or�s a�� �ia�i[ity�nder�h��Se�ur��� �ns��um�n�un�����.�nd�r ag���s��such ���eas� <br /> �� �r�i���g. T�� ����r����s a�d a�r��n���ts af�h�s �S��urit� l�s��ur��r��shall bir�d ��xc�p�a� pr���d�ed �r� <br /> �e��ian 2�� ��� b�n�f��t�e�uc��ss�r�and a�sig�s of Ler�der. <br /> 7�, L.��� ���r���. Le���r m�a� ��a��e ��r�o�rer fe�s �or se�r�ces perfor��d in ��nr����i�n �ri�� <br /> ��������'�de��.u��, ����h� p��pose af pro���t��� L�r�de�'s ir�t�re���n the Prop��� ��d rig��� ur�der�hi� <br /> 5�������r�s�r�����, �n��ud�ng, ���������i�ed�a, �t�arn�ys'tees; prope�y��s�e���o�ar�d�r�l��t������s. <br /> �r� r�g�rd �� �r�� �ther�e�s, �h� a����c� ��e�cp�e�� a��ho�i��r �r� �his ��c�t���y fns�r����� �� ch�rg� � <br /> sp��c��ic����o B���o�e������no��e�a���rued ��� pr�hibit�or� ar��n����r�ir�g�f s���fee. Lend�r��� <br /> ���c��r�������ha�a�e�x�res�i� p�oh��i��d ���his S�curi�y �����umen���b�����icabl� L�.vv. <br /> lf�he L�a�� is��bje���o� �a����c� s��s m�xir��m l��r� charge�; ��� ��r���a�is fir�all� in���pr���d <br /> s��ha��h�����res�flr��h�r�oan�har��s����e���d�r�o b�����e�t�d �n��r�������n���h��e Loa�ex���� <br /> �he p�rrni���d i�r�i�s,�hen: �a}any�u�h la�r���arg��hal1��red�c�d �r��h��nnou�����e�����o r����� <br /> �h� ���r�e �� �h� ��r�i�e� li�i�; �r�d �b� a�y �u�m� a�r�e�dy co���ct�� fr�r� ��orro���v�rhi�h ex��ed�d <br /> p�rrr����ed li�����il� �� �efur�d�ed �o B�rr��ver. Lender n�a� c��a�e �� r��k� this �ef�n� by reduc�ng �h� <br /> pr�nc�pa[��v�d �r�d�e���� ���e�r�y �aking �di�e��p��n�en��v��rr��r�r lf a refund red���s��ir��ip��, <br /> �he �educ���n��I� b�e�r�a��d as� pa�#�al pre�ay�n�n��i�hau�a�y pr�pa}�m�n�c��rg� ��h�t�er o�r��t� <br /> �re�a�men� �har�� is pr��id�d for under�he �o���. Bor�a���'s a���p��nc� of�r�y ��ch refur�d rr���� <br /> ��d���ct��ymen���B�rrawe�w�ll c�r��ti��fi��ar4r�i��r�f ar�y r�g��of a�fi�a� �3�r�a�er�igh�ha���r��i�g <br /> �u��f s��� o�erchar�g�. <br /> '��. ��t����.A�I�o��ces giver����arra����r L�nd�er ir���������on�v����his���t�r����s��u�������� <br /> ���t��r���i��.�r���a�i���o So�ro����r�c�r�n�����n u����tn��S��uri���n������n�s�a����d����d������ <br /> b�er� g�v���o E��r�-ow���rh�n ma���d b}�€��st�l�ss m�il a�whe� a��u��l�del�v�r�d �o �3�r�a�r�r's ��a���� <br /> add��s���se���y�a�h�r m�a�s�. I���������ny��e�3or�a�e�s��l[cans������r���€ce�a a�1�a�ro�r�rs�r��es� <br /> �.ppli�a��� La�expr�s�ly re�ui��s o���r�is�.T���������ddress sha�� be�he Pra�e�t�Add �,s.��le�� <br /> .. <br /> I�it�a�s: <br /> NE�����4--�in���Fam��y--F�nnie I�ael��edd�e�����VIF�R1�INSTR�J�EN�FQ��n 3Q�8'�l�'� <br /> EIlie Mae, fnc. P��e 8 0�11 NEEDE�D �3�� <br /> NEEDEED��LS} <br /> o .. <br /> . <br />
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