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201608797
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Last modified
7/28/2017 1:20:23 PM
Creation date
12/29/2016 9:04:55 AM
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DEEDS
Inst Number
201608797
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2� 1 ��8797 <br /> . t <br /> � <br /> � 'll. Tran�fer of the Praperty or a Beneficial �nteres# in B�rr�vuer. As used in this Section <br /> 17, "Interest in the Praperty" means any�egal or benef cial interest in the Praperty, including,�ut not <br /> lirni�ed to,those benef cial interests transferred in a bond for deed, c�ntract for�eed, ins�allment sales � � <br /> contract or esCraw agreement,the inten�of v�hich is the transfer af title by Barrov�er at a future date to <br /> a purchaser. <br /> If a�I or any par�of the Property�r any Interest in�he Property is sold or transferred�or if Barrower is <br /> not a natura�person and a beneficial interest in BorrovWer is sold or transferred)withaut Lender's prior <br /> written cansent,Lender ma�requir�immedia�e payment in full�f aII surr�s secured by this Securit� <br /> Instrument.Howe�er,this option sha11 not be exercised by Lender if such exercise is prohibited by <br /> Applicab�e Law. <br /> If Lender exercise�this option,Lender shall give B orro�ver natice of acceleratian. The no�ice shal� <br /> pro�ide a peri�d of not less than 3�days fram�he date the notice is given in accordance�ith Section <br /> 14 within which Barrov�er must pay a11 sums secured by th�s Security Instrument. If Borrav�er fails�o <br /> pay these sums prior t�the expiration of�his period,Lender may in�oke any rem�dies permitted by <br /> this Security Instrument without further notice ar deman�i on Borrov�er. <br /> �[8. Sorr�wer's Right t� Reinstate After Accel�ratron. If Borrav�er meets cer�ain conditions, <br /> Borrovver shall have the right to reinstatemen�of a m�r�gage. Those cQnditions are that Barrower: <br /> 1 <br /> (a�pays Lender al�sums�vhich then wou�d be due under this 5ecurity Instrument and the Note as if <br /> no accelera�ion had occurred;�b� cures any default of any other covenants or agreements; �c}pa�s <br /> a�I expenses incurred in enforcing this Se�urity Instrument, including,but not Iimited to,reasanable <br /> , att�rneys'fees,praperty ins�ection and�raluation fees,and other fees incurred for the purpose of <br /> � protecting Lender's interest in the Proper�y and rights under this Securzty Instrument;and(d�takes <br /> such acti�n a�s Lender may reasonably require�o assure that Lender's int�res�in the Proper�y and rights <br /> under this Security Instrumer�t, and B orrower's o���gation to pay�he sums secured by this 5ecurity <br /> Ins�rument,sha11 contiinue unchanged.Ha�ve�er,Lender is not required�o reinstate if: �i}Lender <br /> has accepted reins�atement after the commencement of foreclosure proceedings within t�nro years <br /> immed�ate�y preceding the commencement of a current foreclosure proceed�ng; �ii�reins�a�ement <br /> will preclude foreclasure an differen�graunds in the future;or�iii�reins�atemen�will adversely <br /> affect the priorit}l of the lien created by this Se�urity Ins�rument.Lender may require�hat Borra�ver <br /> pay such reinstatement sums and expenses in one�r more of�he following f�rms, as sel�cted by l <br /> Lender: (a�cash;(b�mar�e}�order; �c�certified ch�ck,bank check,treasurer's check or cashier's�heck, <br /> pro�ided any such check is drav�rn upon an institutian�hose deposits are insured�y a federa�agency, <br /> ins�rumentality or entity; ar�d�Electronic Funds Transfer.Upan reins�atement by Borrower,this <br /> Security Instrument and obl�gati�ns secured hereby shall remain fu11y effectiv�as if na acceleration � <br /> had occurred. Howe�er,�his right�o reins�ate sha11 not apply in the case of accelerati�n under Sectian <br /> I7. <br /> 'i 9. 5ale of Nate; �hange of L�an Servicer; Notice �f�rie►►ance. The Note or a partial <br /> interest zn the Note�together vvith�his Security ins�rument� can be sold one or more times vwithout <br /> priar notice ta Borrov�er.A sale might result in a change in the entit�(known as the "Loan Service�"} <br /> that c�llects Periodic Payments due under the Note and this Security Instrument and performs other <br /> mortgage t�an servicing ob�igatians under the Nate,this Security Instrumen�,and Applicable Lav�. <br /> HCFG-Q�7D3 �4oasz5������ <br /> F HA Dee�of Trust-N E g��«��4 <br /> Bankers 5ystemsT""VMP� 11I15 <br /> Wvlters Kluwsr Financtaf 5ervices 2�1fi121915.3.�.35a9-JZfl�6fl721Y Pa9e 12 af 1fi <br /> � i <br />
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