Laserfiche WebLink
2� 1 ��5�52 <br /> As used in this Security Instrument: (a}vvords af the mascu�ine gender sha11 mean.and include <br /> corresponding neuter�vards or words of the femin�ne gender; (b}words in the s�ngular sha11 mean and <br /> include the plural and v�ce versa;and(c)the wor� "may"giv�s so1�discretian without any obligation to <br /> take any actian. <br /> 1 fi. Barrowe�'s Gapy.Bonower shall be giv�n one copy of�he NQte and of this Securit�Instrument, <br /> 'I 7. Transfer�of the Propertyor a Beneficiallnterest�n B�rrawer.As used i�th�s Section 17, 'l�nter�st <br /> in the Fraper�y"means any lega�or beneficial interest in the Property, including,but not limited to, <br /> those b�neficia�iaterests transferred�n a bond far deed,contra�t for deed,installment sales contract or <br /> escro�v agre�ment,the intent af which�s the txansfer of title by Borra�rer at a future date t�a purchaser. <br /> If a11 or an�r par�of the Praperty or any Interest in the Property is so�d or transferred(or if Borrower is <br /> not a natural person and a b�neficiat interest in Borrower is sa�d or transferred)without Lender's prior <br /> wr�tten consent,Lender may require immedia�e payment in fu11 of a�1 sums secured b�this Security <br /> �nstrument. Hawe��r�th�s vptian�ha11 not be�xercised by Lender if such exercise is prohibited by <br /> A�p�ica�le Law. <br /> If Lender exercises�his vpti�n,Lender sha11 give Borrower n�tic�of acceleration. The notice sha11 <br /> provide a period�f not�ess than 3�days from the date the notice is given in accordance vvith�ecti�n �4 <br /> within which Borrower must pay a11 sums secured by�h�s�ecuri�y Instrument. If Borrower fai1�to pay <br /> these sums prior to�he expiratian of this perind,Lend�r may invoke any remedies permit�ed by this <br /> Security Instrument withaut further natice or demand�n��rrower. <br /> 'I 8. Borro►�rer's Ric�ht to ReinstateAfter Acc�leration.If B�rrower mee�s certain conditions, Bvrrower <br /> � sha11 have the right to reinstat�ment of a mort�age. Thase conditians are that Borra�ver: �a}pays Lender <br /> a11 sums wh�ch then would b�due under this Security Instrument a�ad�he Note as if no acceler�tion had <br /> occurred; (b}�ures any d�fault of an�other co�enants or agreements; �c}pays a11 expenses in�urred in <br /> enforcing this Security Instrument, including,but not limited to,reasonable at�orneys'fees,praperty <br /> inspection and valuat�on fees,and other fees incurred far the purpose of pratecting Lender's interest in <br /> �he Pr�perty and rights under this Security�n.st�ument;and(d}takes sueh act�on as Lend�r may <br /> reasonably require to assure that Lender's interest in the F'roperty and rights under this Security <br /> Instrument,and Borrvwer's obligation to pay the sums secured by this Security Instrument,sha11 <br /> cantinue unchanged. However,Lender is not required to reinsta.te if: (i}Lender has accepted <br /> reinstatement after the commenGement of forec�osure proceedings within two years imm�diately <br /> preceding the commencement Qf a current foreclosure proc�eding; �ii}reinstatemen�wil�preclude <br /> farec�osure on different grounds in the future;or(iii}reinstatement wvill adv�rsely affect the priar€ty of <br /> the lien cr�a�ed by this Security Instrument. Lender may requue that Borrower pay such re�nstatement <br /> sums and expen.ses in one�r more of the fallowing forms,as selected by Lender: (a}cash; (b}mvney <br /> vrder; (c)certified ch�ck,bank check,treasur�r's checl�or cashier's check,pro�ided any such che�k is <br /> drawn upo�an institution�hose d�posi�s are insured by a federal agency, instrumentality or entity;or <br /> (d}Electronic Funds Transfer.Upo�reinstatement by Borrovver,this Securi�y�nsta�ument and ob1i��.tions <br /> secured hereby shatl remain fully effective as�f na ac��leration had accurred. Ho�ever,this right t� <br /> reinstate shall not apply in the case of acceleration under Section ].7. <br /> FHA Deed of Trust With MERS-NE 9l34l2414 <br /> Bankers 5ystemsTM VAAP� VMP4N[NE}[�5aG}A4 <br /> Wolters Kluwer Financial Services Page 12 of 17 <br /> q�33597�6685 �Z33 367 1�17 <br />