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201606435
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Last modified
7/24/2017 3:45:16 PM
Creation date
9/29/2016 9:38:39 AM
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DEEDS
Inst Number
201606435
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2� 1 ���435 <br /> Borrower hereby vvaives the r�ght t� assert ar�y statut� of limitations as a bax to the enforcement <br /> of the lien of t�is Se�urity Instrumer�t or t� any actian braught to enforce any of th� Loan <br /> I]ocum�nts. <br /> 27. WAIVER UF MARSHALLIN�. Notvvithstandir�g the existence of a�y other <br /> security interests in the Mortgaged Property held by L�nc�er or by any other party, Lender shall <br /> have the right to det�r�nine the orc�er in which any or all �f the Mortgaged Prop�rty sha11 be <br /> sub�ected to the remedies pro�ided in this Security Instrum�nt and th�I�ote or app�icable law. <br /> Lender sha11 hav�the right to determine the order �n whi�h any or a11 pnrtians of the <br /> Indebtedness ar� sati�f�ed fram the praceeds rea�ized upon the e�ercise of such remedies. <br /> Borr�wer and any party who now or in th� future acquires a security interest in the M�rtgaged <br /> Property and w�o has actual or constructive not�ce of this Secur�ty Instrument waives any and all <br /> right ta require the marshailing of assets ar ta require that any of the M�rtgag�d Praperty be sold <br /> in the inverse order of alienation or that any of the Martgaged Property be sold in parcels or as <br /> an ent�r�ty in connection with the exercise of any of the r�medies permitted by applicable law or <br /> pr�vided in this Security Instrument. <br /> 2�. FURTHER ASSUR.ANCES. Borrower shall execute, ac�nowledg�, and deli�er, <br /> at its s��e ��st and expense, all further acts, de�ds, conveyances, ass�gnments, �st�ppei <br /> certifi�at�s, financing statements, transfers and assurances as Lender may require fram time t� <br /> t�me in order to better assure, grant, and conve�to Lender the rights intended t� be granted, noW <br /> or in the future, to Lender under this Secur�t� Instrum�nt and the Note. <br /> 23. EST�PPEL CERTIFI�ATE. Within ten (1�� days after a re�uest from Lender, <br /> Borrovver sha�l deliver to Lender a vvritten statem�r�t, signed and acknowledged by Barrower, <br /> certifying to Lender or any person des�gnated b� Lender, as of the date of such statement, (a�that <br /> the Note, �so Iang as the Laan is �nsured by HUD, the BorroWer's Regulatary Agreement} and <br /> this Security Instrument are unmodified and in full force and effect (or, if there have been <br /> modificati�ns, that the Note, �so l�ng as the L�an is insured by HUD, the Borrovver's Regu�atnry <br /> Agreem�nt� and this Security Instrument are in ful� fnrce and effect as modified and setting farth <br /> such modificati�ns�; �b} the unpaid principal balance af the Note; �c) the date to which interest <br /> under the Note has been paid; �d�that B�rrower is n�t in default in paying the Indebtedness �r in <br /> performing ar observ�ng any of the cov�nants or agreements contained in th�s Security <br /> Instrument, and the Note and (so long as the Loan is insured or held by HUD, the Borrower's <br /> Regulat�ry Agreement} ��r, if B�rrower is in defau�t, describing such defau�t in reas�nab�e <br /> deta�l�; (e} whether ar nat there are then ex�st�ng any setaffs or defenses knov�n to Borrower <br /> against the enforcement of any right or r�medy of Lend�r under the Note, �so Iang as the Loan is <br /> insured or held by HUI], the Borraw�r's R�gulatory Agreement� and this S��urity Instrument; <br /> and �f} any add�tional facts requ�sted by Lender. <br /> 3�. G�VERNIN� LAW; C�N�ENT T� JURISDI�TI�N AND VENUE. <br /> (a} This Security Instrument and the Note, if it does not itself express�y identify th� <br /> law that is to appiy to it, shall be governed by the �avvs of the Pr�perty Jurisdiction, except s� <br /> Previous versions obsolete Page 29 form H U�-94��0-�RCF ��GI�D�4} <br />
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