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201607217
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Last modified
7/28/2017 8:44:37 AM
Creation date
10/31/2016 9:12:17 AM
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DEEDS
Inst Number
201607217
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2� 1 ��7217 <br /> As us�d in this Securit��.nstrument; �a}words of the masculine gender shall mean and�nc�ude <br /> correspanding neuter�rords or words of the feminine gender;�b3�vords in the singu�ar shall mean and <br /> include the plura�and�ice versa;an�d(c)the ward"may"gives sole disGretion��thaut any obligation to <br /> take any actioa. <br /> 1 fi. Sorrov�►er's�opy.B�rrower shail be given one c�py of the Note and of this Security�r��trument. <br /> �17. Transfer of the Prop+erty vr a Beneficialln�erest in Barrower,As used in this Secti�n 17, "Interest <br /> in the Property"means any 1ega1 or beneficia[ 'rnterest in the Prop�rty, includin�g,�aut not�imited to, <br /> those beneficial iriterests transferred in a bond f�r deed,contrac�for deed, installment sales contra.ct or <br /> escrow agreement,the intent�f which is the transfer of ti����y Borrawer at a future date to a purcha�er, <br /> �f a11 or any part of the Property ar any Interest in the Pro�erty is�o�d or transf�rred(or if Barrow�r is <br /> not a na�urai persan and a benef ciaZ i�teres�in Barrotiver is�o��or transferred}wi�bou�t Lender's prior <br /> writ�en con�ent,Lender may require imm�diate payment in fu11 af a11 sums secured by this�ecurity <br /> Instrument.I�owe�er,t�ai�aption shat�nat be exerc�sed by Lender if such exercise Ys pr�hib�te�by <br /> App�i�cable Law. <br /> If Lender exercises this optian,Lender shall g�ve Borrower noti�e of a�celera�ion.The notice shall <br /> prv�ide a period of not�ess than 3�days fram the da�e the notice is gi�en in accordance�vith Section 14 <br /> within which Borrower must pay a1�sums secured by this Security Instrument,if Barrower fail�ta pay <br /> #hese sums prior to the expiratian�f this period,Lender may rn�oke any remedies permitted by this <br /> 5ecurity Ins�rumen�without further no�ic�ar demand on Borrower. <br /> . 't8, Borrower's R�ghtto R�ir�stater�ft�r A�cel$ration.�f�3�rravver m�ets certain conc�itians, �or�-ativer <br /> shall have the right to r�instat�ment of a mortgag�.Thase e�nditions are that$arrawer: (a�pays Lender <br /> a��suxns which then wauld be due under t�i�Security Instrumen��.nd th�Nate as i f no a�ce�eratron�ad <br /> occurred;�b}�ures any default af any��h�r covenant�or agreern�nts;�c)�aYs a�1 e�pens�s incurr�d�n <br /> enfarcing this Security Instrument,inc�udzng,but not�im'rted to,reason�.b�e a�torneys'fe�s,prap�rt�r <br /> inspectian and valuation f�es,and other fees in�urred for�he purpose af protecting Lender's interest in <br /> the Property and rig#�ts under this Security�nstrum�nt;and�d}t�ke�such action as Lender r�a� <br /> reas�nably require to assure that Lend�r'�interest in the Property and rights un�er this Security <br /> Instrument,and Barrower's ob�igation ta pay the surns��cur�d�y thi��ecurity�nstrument,sha1� <br /> continue unchanged.Howe�er,L�n�ier is not r�quired ta reinstate if: �i}Lend�r has accepted <br /> reinsta.�emen�af��r�he commencement of forec�osure proceedings wit�.in twa years�mmediately <br /> �recedin�the cammencernent af a cunent foreclosure proceedin�;�ii}reinstatement will preclude <br /> foreclosure on di�ff'erent grounds in the future;or(iii}reinstatement tivi��ad�erse�y affect the privrity of <br /> the lien created by this 5ecuri#y Instrument.Lender may require that Borrower pay such reinsta.tement <br /> sums and expenses in one or more af the fo�l�wing forms,a�se�e�ted by Lender: (a�cash;�b)money <br /> order;(c}certified check,bank checl�,treasurer's checl�or cashier's che�k,�ro�ided any such check is <br /> drawn up�n an instiitution�vhose deposits are insured by a federa�agency,in�trumenta�ity or entity;�r <br /> �d}Electro�ic Fund�Transfer,Upan rein�ta.tement b�Borrawer,this S�curity In�trum�nt and obligatxons <br /> s�cured hereby shall remain fuily�ffective as if no acceieratioa had oc�urr�d.Howe�er,t�is right�o <br /> reinstate sha�l not apply in the ease of acce�eration under Section 17. <br /> FHA Deed af Trust W�th MEFtS-NE 9I34J2Q14 <br /> Bankers SystemsT"� VMP�7 VMP4N[NE)[15QB}.44 <br /> Waiters Kl�wer Financiai S�rvices Page 12 af 17 <br /> q033627456Z4 �z33 3l8 121� <br />
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