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201603733
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Last modified
7/24/2017 2:11:41 PM
Creation date
6/17/2016 8:58:58 AM
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201603733
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2� 1 ��3733 <br /> '1�. Transf�r�f th� Pr4�er�y c�r a Be��f��ia� �nt�r�st �n Borrower. As �ased rn fihEs ����ion 'I�, <br /> "�nterest in #he Pra�erty" m�ans any ie��! or beneficial inter�sf in �h� Pr�p�rty, including, bufi nofi l�mi��d <br /> �o, �hose I�eneficia� ir�t�resfs �rar�sferr�d in � ��nd for de�d, ��n��a��for d��d= installmen�sai�s ��n����� <br /> or ��Grow �gre�ment, �h� in��n� �f which is �h� transf�r of title by Bflrrawer �� a fufiur� da�e �� a <br /> pu rchaser. <br /> !f a!I�r any par�of the Pr�p�r�y Qr�ny In��rest sn the Property �s so�d or#ransf�r�ed �ar if BorrovWer <br /> ss n�� a na�ura! pers�n and � �en�fGia1 tnte��s� in �arrower is s�i� �r�ransferre�} �itFt�ut L�nd�r's pr��� <br /> wri#��n c�ns�nt, L��d�r may requ2re immedi��� payment �n full of �11 sums s�cu�ed by �his ��curity <br /> instrum�nt. H�w�ver, �his �p�i�n sh�lf nvt b� �xerc�sed �� Lend�r if such �x��cis� i� �rohibi�ed by <br /> App�i�abl�L.aw. <br /> 1� Ler�der ���r����s �his o��i�n, Ler�d�r sh��l give Barrower na�i�� �f ac��ler�afion. The n�tice <br /> shall pr�vide a p�rio� af n�t l�s� than 3� days from �he da�e the n�t�ce i� giv�n �n a���rdan�� w��h <br /> �ec�i�n ��wifhin�rvh�ch �ar��w�r mu��pay aif sums se�ur�d �y�his���urity Instrurt�enf. [f Sorr��r�r f�ils <br /> �o pa�these sur�s priar���he�a�pirafian of�his period, Lend�r may inv�ke any remedies p��-mit�ed by��is <br /> Se�ur��y Ins�rum�n�w��hou��urther�n�tice ar d�mand �n Borrav�r�r. <br /> 'I�. �orrflwer's ��gh� �v �e�nstate Aft�r Ac���erati�n. lf �arrnw�r meets ��rtain ��r�di�ions, <br /> Borr�w�r sh�11 hav� �th� ri�h� �o hav� enfor�err��n� �f this 5�curi�y ins��umen� dis��n�inued a� any �ime <br /> privr ta�he �arli�st�f: �a} five d�y� b�fore �al�af�h� Pr�perty pur�uan�ta any power�f�ai� con�ain�d in <br /> �his Securi�y �ns�rumen�; �b} su�h �ther period as Applicable Law migh� sp�cify f�r th� �erm�na�i�n of <br /> ��rr�wer's r�g�� ��o reins��te; ar �c� entry �f � �ud�m�nt �nf�r�ing this Se�uri�y ln��rument. Those <br /> ��ndi�i�n� �r� �hat 8orr�w�r: ��} pays Lend�r a�� sums which �h�n w�uld be due und�r �his S��uri�y <br /> lnsf�um�n� �nd �h� �V��� a� if r�v a�Ge��r��io� had �ccurred; �b} �ure� any d��au�� of any a�h�r <br /> cav�nan�s Qr agrsem�n�s; �c� pa�rs afl e�pens�s incurred sn �nforGing �hi� Securi�y Ins�rument, including, <br /> bu� n�fi �imited to, ��asanabfe att�rn�ys' f��s, pr�p�rty in�pect�or� an� v�iva�ion fees, and vfih�r fi�e� <br /> incur�r�d far th� purpQ�e af pra��c�ing L�nder's in�erest ir� fhe F�roperty �nd rights und�r �his ���ur�ty <br /> 1 r�s�rum�nt; �nd �d� ��k�s su�h �����n �s�Lend�r may rea��nably r��uir��� a�sure �hat L�nd�r's in��re�� <br /> in �he Praperty and righ�s under �his Se�urity [nst�um�n�, �nd F3orrowe�'s obliga�ion �o pay �he sums <br /> se�ured by �h2s �e�uri�y �nstrumenfi, snal� �vn�inue unchanged. Lender may r�quire tha� Bvrro�ver pay <br /> su�h reinsfia�em�nt sums and �xp�ns�� in �n� ar mor� af th� f�l�o�ing fi��ms, �� s�1eG��d �y Lend�r: <br /> �a} cash; ��� m�ney ord�r; ��}c�rtified �hec�, bank ch�ck, fre�surer's�h��k or c�shi�r's ch��k, prav�d�d <br /> �ny su�h �he�k is drawn up�n an in��i�ution whose d�pasifs �re �nsured by a federal agen�y, <br /> instru�n�ntali�y �r ent��y; �r �d} E��ctr�ni� Funds Tran�f�r. Llpon rein��atemen� by �arrow�r, �his Secu�i�y <br /> �nstrum�n�and �hl�ga�ians s�cur�d hereby shaii r�m�in ful[y effe���ve �s i�n� �cc�l�r��i�n had �c�u�red. <br /> How�ver, ��is righ��� r�ins��fie sha�� nQ�ap�pIy in�h��a�� �f ac�el�ra�i�n und�r S�cti�n 'l�. <br /> ��. Sal� of Not�� Change of L�aan ��rvicer; Natice c�f �rievan��. Th� �IVot� or a partial <br /> ip�eres� fn �h� N��� �t��eth�r�rvith �his SeGurity lns�rumen�} can b� s��d �n� �r m��e t�m�s wi�hou� pri�r <br /> n�tice ta Borr�v�rer. A sal� mi�ht r�sulfi in a �hange in the en�i�y �knvv�n as �he "L�an Serv���r"} tha� <br /> c�llects F��riodic Paymen�s du� und�r�h� No��and thi�Se�uri�y [n�firumer�t artd p�rtorm�other rnort��g� <br /> ��an servicEng ����ga�ions under�h� Note, fihis ��curity �ns�rum�n�, and Appiicable Law. There alsa mi�h� <br /> lo� �ne or more chang�s of�he L�an �erv�c��unrela��d to a sa[� af�he'N���. �f�here is a �hang� �f�he <br /> �Loan Servic�r, Barr�w�r vtirill be giv�n w��t�en�natice vt�h� �har�ge which vu�ll s�a#��h� t�ame and addr�ss <br /> of th� n�w Loar� Servi���, fihe �ddr�ss fo which paym�n�s shQuld b� rn�de and any ��her inf�rm�t�Qn <br /> RE��A �equire� in �onnecfiion wi�h a nQ�ic����t�ans��r of��rvt�ing. ��f the N��� is sold �nd �h�re�fter�th� <br /> Loan �is s�rviced by a Loan S�rvic�� �ther fih�n th� �p�rchas�r of�he No��, the �mvr�gage laan servEcing <br /> obiiga�ior�s t� Borrower�vill r�main vir�th fh� Loan ��rvic�r�r be�ransferr�d t� a suc�e�s�r�L�ar� Servic�� <br /> and �re�n���s�urn�d �y t�e N��e pu�ch�ser unless o�herw��e pr�v��led�by�h� N��� pur�ha��r. <br /> N�ither Sorr�w�r n�r Lend�r may��mmen�e,��in, ���be joir�ed tv an}��udi�ial �cfion �as�ei�h�r an <br /> ir�divi�ual �i��gan� �r �h� rri�mb�r of � ciass} �ha� ari��s fr�m �h� oth�r par�y's a��i�ns pursu�nt �v fhis <br /> �ecuri�y Ins�rum�n� ar tha� a���ges that#h� ��h�r party ha� br�a�h�d any provi��an �f, �r any �uty �w�d <br /> * b 5� � }+ * * M C M � R �" D O T � <br /> NEgRAS�A--S�ngle Family-Fanrtie Ma�lFreddie iVlac UNlF�]RM iN5TRUMEN7 Form 3��8 �IlQ�i {page?�of�f�pages� <br /> Accentura Martgag�Cadt�nca Dacument C�nt�r Q 3��7 0'[f'1� <br />
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