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201602595
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Last modified
7/23/2017 10:58:39 AM
Creation date
5/2/2016 2:06:22 PM
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DEEDS
Inst Number
201602595
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2� 1 ��2595 <br /> �f Lender exercises this option,Lender shall gi�e Borrower notice of acceleration.The natice shall pra�id� <br /> a period❑f not less than 30 days f-rom the date the nntice is�;i�en in ac�ordanc�with 5eciinn 15 wit��in <br /> which Borrower must pay a1]sums secur�d by t���s 5ecurity Instrument.lf'Borrower f�ils t�pay these <br /> sums prior to the expiration af this period,Lender may in�ake any rem�dies permitted by th�s Secur�ty � <br /> Instrument without further noti�e or demand on Borrower. <br /> �9.Barrawer's Right ta Reinstate After Acceleratian.I�Bnrrower meets certaizi coizditions, <br /> f3orrower shall}la�e t�ie riglzt�o ha�e e�ifarcemei�t of tl�is 5ecurity Instrut��ent discnntiriued at at�y time ! <br /> pric�r ta the earliest of:�a}fi�e days before�al�of the Property pursuan�tn any pnwer nf sa�e co��tained <br /> Yn this Security Instrui�ent;(b}such ather period as Applicab�e Law mig�zt specify far the termination <br /> ❑f Borrawer's right to reinstate;or�c}entry of a j udgment en#orcing this�ecurity Ins�rument.Those <br /> conditions are that Borrower:�a}pays Lender all surns which�hen w�uld be du�ur�der this Security <br /> instrumer�t and thc Note as if nn accel�ra�ion had occurred;�b}cur�s any d�far�lt of any other�o�enants <br /> nr agreements;�c}�ays all expenses incurred in enforcit�g this 5ecurity Instrument,including,but nnt <br /> litnited tn,reas�ilab�e att�rneys'fees,prnperty i�ispectio3z and�aluatio��fees,and�ther tees�ncurred for <br /> the purpase of protectin�Lc:nder's ir�ter�5t in the Property and rights under this Security�nstrumerlt;a��d . <br /> (d)takes su�h action a�Lender may reasonably require t❑ass�ire that Lender's interest in the Praperty <br /> �nd ri�hts under this 5e�urity�nstrumeni,and Borrawer's ab�i�ation to pay the sums se�ured by t���s <br /> 5e�urity Instrument,shall cont��zue ur�c��a����d.�erider may r�quire that F3oY-rnwer pay such reinstatement <br /> sums ar�d exp�z�ses in oile or more of the follnwiai�;fnrrns,as select�d by Lerlder:(a}cas��;�b}m��ney <br /> order;�c}certified check,bank check,treasurer's c}leck or cashier's check,prn�ided any such check is <br /> drawn upon an in5titu�ion who�e depasits are insured by a federal a�;ency,instrumentality ar entity;or <br /> �d}E�ectronic Funds Transfei�.UpQIl I•einstateTnent by E3arr«wer,this Security li�strument aild abli�ations <br /> secured hereby shal�remain t�u11y e#fecti�e as if no acceleration had❑ccurred. Hawe��r,this right to <br /> reinstate shal�not apply in the case of acceleratin��under 5ectian 18. <br /> ��.Sale of Nvte;Change of Loan 5er►ii�er;Notice o��rie�ance.The Note or a partial interest <br /> in the Note(to�ether with this Security Instrurnent}�an be sold nne or more tirnes without priar n�tice <br /> to Sor�awer.A sale mig��t result in a c}�an�e ii�the entity�known as the"Laan 5er�icer"}tha�collects <br /> Peri�dic Payments due under�he Note and this 5�curity Instrument and performs other mort�a�e lnan <br /> ser�icin�;ohli�at�ons u��der tl�e Note,t�1is 5ecurity Instrument,and Applic�ible Law.There also might be <br /> one or m�re changes af the Lr�an Ser�icer unrelated to a sale nf the Note.1 f th�re is a change of the Loan <br /> Servicer,Borrower will be�iven w�itten notice�f the chan�G whi�h will s�ate the ilame anci addres5 of' <br /> the�1ew Lnarl Se�vicer,t�ze address tt�wl�ic�z pay�ner1ts s�1c�u�d be made and atly t�ther fn�ormation I�ESNA <br /> requires it�cnnnectinn wit�z a notice of'trans�er of servicin�.Ifthe Nc�te is snld and thereafter the Loan <br /> is ser�iced hy a Lnan 5ervicer other than t��e purc��a��r of the Na�e,the mnrt�age loan servicin�obl i�ations <br /> to Bnrrower will retnain with the Loai1 ServiGer or be transferred tn a successnr Loan 5er�icer a��d are <br /> nnt assumed by�he N��te purchaser unless otherwise pro�id�d by the Note purchaser. <br /> Neither Bnrrower nor Lender tnay cnmt��e��ce,joi��,or�e joi��ed tn any judiciaS a�tini3(a�either a�� <br /> indi�idual litigant or the member of a Glass}t��at ariscs from!he ather}�arty's actians pur�uan�tt�this <br /> 5ecurity Instrument or that alle�es that the other party has breached any pra�i5ian of,❑r any duty owed <br /> by reason of,this Security lnstrument,until such Bnrrower or Lender has notified th�other party�with <br /> su�h»atice giWerl in cainpl�ance wit}1 t�le requir�ments nf Section 15}ot such alieg�d breach and a1�-orded <br /> t�1e other party�lereco a reaso��able period a#'ter the�i�in�of such tlntice to take c�rrecti�e actio��.�f <br /> iias��zs5s <br /> 11115 <br /> VMP� <br /> Welters Kluwer Financial Services 2Q16fl42p15.1,0.3112-J2fl151124Y Initials: Page 13 oT 17 <br /> 'MP7(114655�fi55 0233 t S 23' <br />
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