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201606229
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Last modified
7/24/2017 3:34:46 PM
Creation date
9/21/2016 10:26:08 AM
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DEEDS
Inst Number
201606229
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2� 1 ���229 <br /> designated a substitute natice address by n���ce t� L�nder. Barr�wer sha�l prompt�y notxfy Lender af <br /> Borrower's chang�of addr�ss. �f Lender spec�f�es a pr�cedure for repor�ing Borrawer's �hange of addre��, <br /> �h�n Borrower sha11 only report a change�f address through tha�specif�ed procedure. <br /> There may be oniy one designa�ed nat�ce addr�ss under this Security �nstrument at any one time. Any na��ce <br /> ta Lender shall be g��en by de�i�ering i�or by mailing it by first c�ass mail to Lender's address s�a�ed here�n <br /> unless L�nder has deszgnated an�ther address by nat�ce to Barrov�er. Any natice in connection w�th�hzs <br /> Securi�y Instrument sha�� not�e de�med�o hav�b�en given�a L�nder unti� actually recei�ed by Lender. �f <br /> ar�y noti��r�quir�d by th�s Securi�y �nstrumen��s also required under App�icab�e Law, the App�zcab�e Law <br /> r�quirem�n�witl satisfy�he corresponding requirement under�his S�curity Instrumen�. <br /> '�6. G��erning Law; Serrerability; F�ul�s af Constructivn, This SeGuri�y Instrum�nt sha�� be g�verned by <br /> federa� �aw and the 1aw of the�ur�sd�c���n �n wh��h th� Pr�perty is �o�ated. A11 r�ghts and�bligatians <br /> con�a�ned in�his Security Instrument are sub�ec�to any requir�m�nts and��mi.tatxons of Appli�ab�e Law. <br /> App���ab�e Law might exp�ici��y or implicitly ali�w the parties to agr�e by ct�n�ract Qr�t zrught be s�lent, but <br /> such s��ence shail not be�anstrued as a prohibition against agreement hy contract. �n the e�ent tha�any <br /> pra�zs�on or clause of th�s Security Instrumen�or�h� Note canflicts with Applzcable Law, such conftict shall <br /> no� affect other pro�isions af this Security Instrumen�ar the Nate which�an be gi�en effect wi�hout�he <br /> conf�icting prflvis�an. <br /> As used in this Secur�ty �nstrument: �a}words af�he masculine gender sha�l mean and in��ude correspanding <br /> neuter w�rds ar vvards of the feminine gender; �b} words in th�singu�ar shai� mean and�nc�ude�he p�ural <br /> and ��ce v�rsa; and �c} the ward "may" gi�es sale discret�an w�thout an�ob�igati�n ta take any actian. <br /> �7. Bflrr�wer's Copy. Borra�nrer shali be g�ven ane copy af the Not�and of thzs S��ur�ty �nstrumen�. <br /> '18. Transfer vf the Property ar a Beneficia� Interest �n Bar�awer. As used in�his Sect��n 1 S, "�nterest in <br /> the Property" m�ans any lega� or benefic�al �n�eres� �n the Proper�y, including, but n�t lim�ted tfl, those <br /> benef�cia� �n��rests transferred in a bflnd for deed, contract for deed, insta�iment saies contrac�or�scr��v <br /> agreement, the xnt�n�af�vhich is�he�ransfer of title by Borrotiver a�a future date�o a purchaser. <br /> �f al� or any part of the Property ar any Interes� in the Proper�� is soid�r transf�rred �nr if B�rrower is not a <br /> natural p�rson and a b�ne�icial intere�t in Borrower is sold or transferr�d}withou� Lender's prior wr��t�n <br /> consent, Lend�r may requ�r��mmed�a�e paym�nt �n fux� of all sums secured by this 5ecurity Instrum�nt. <br /> Hawe�er, this�p���n shail nat be exercis�d b� Lender�f such exerc�se �s pr�hib�ted by Appticab�e L�w. <br /> �f Lender ex�rcises th�s op�inn, Lender sha�l give Borrower natice af acceleratian. The notice sha�l pro��de a <br /> per�iod of n�t less �han 34 days fram the da�e the notic�is g�ven in accordance with Sec�ion �5 w��h�n wh�ch <br /> Barr�w�r mus�pay all sums secured by th�s Secur��y Instrument. �f Borr��v�r fails t�pay �h�se sums prior�o <br /> the exp�ratian of this period, Lender may �nvoke any remedies permitt�d by this S�curity �nstrumen��vithout <br /> furth�r n�tice or deman�on Bnrr��er. <br /> '19. Borrorrver's R�ght ta Reinstate After Acceleratian. If Sflrrower m�ets cer�a�n condi�ians, Borraw�r <br /> shal�have the r��ht�o ha�e enf�rcement of this Se��rity�nstrurnen�discontinued at any time prior to the <br /> earliest�f: �a} �i�e days befnre sale of�he Proper�y pursuant ta any pfl�rer of sale contained in this Secur�ty <br /> �nstrument; �b} such flther periad as AppliCable Lavc�might sp�cify far the terminatian�f Borrov�er's r�gh��� <br /> reinstate; or��} entry of a judgm�nt enfor��n�this Security Instrument. Those conditions ar�that Borro�ver: <br /> �a}pays Lender a�l sums which then would b�due under this Security Instrument and�he Note as �f no <br /> a�c�lerat�on had occurred; �b}cures any defau�t nf any ather c�v�nants or agr��ments; tC}pays at� exp�nses <br /> �ncurred in�nforcing this S�curity Instrumen�, including, but n�t limited ta, reas�nabl�attorneys' fees, <br /> pr�per�y inspection and valuatinn f�es, and other fees incurred far the purpose of pro�ecting L�nder's in�erest <br /> N�BRASICA-Sxngle Famiiy-Fannie MaelF�eddie Mac llNIFaRM INSTRUMENT F�rm 3�28 110� <br /> VMP p VMP6�N��(13Q2} <br /> Walters Kluwer�inanciai 5er�ices Pac�e�2 af 17 <br />
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