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201700724
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Last modified
7/28/2017 1:46:04 PM
Creation date
2/1/2017 9:03:56 AM
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DEEDS
Inst Number
201700724
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2� 17��724 <br /> B. TR�4NSFER DF TH� PR�PERTY �R A BENEFIC�AL ��VTEREST �N B�3RR�1111ER <br /> Uniform �o��nant �8 af the Security [nstrument is amendsd tv read as fo�[�ws: <br /> Transfer of the Property or a Beneficia[ �nt�r�st in 8orrvwer. As used in this <br /> Sectian 18, "lnterest in the Prope�ty" means any legal or fi�en�ficial �nterest in the <br /> Property, �ncluding, �ut nat limited to, tn�se beneficiaC interests t�ansferr�d in a <br /> b�nd fo� d��d, cantract fvr de�d, installment sa�es contract ar escrow agre�m�nt, <br /> th� �ntent of Wn��n �s the transfer of title �y Bor�ower at a future date t� a <br /> purchaser. <br /> �f a�� ar any part of the Property or any �nterest 'rn the Property is so�d or <br /> transferred ��r �f a Borrower �s n�t a natural pers�n and a �eneficial interest in <br /> Borrowe�- is sold or transferred� without Lender's pri�r writt�n cansent, L�nder may <br /> requ�re immediate payment in fuli of a�l sums s��ured by this Security Instrument. <br /> �owe�er, this apti�n shall nat be exercised by Lender if such ex�r�ise is prohib�ted <br /> by Applicable Law. Lender alsv sha�� not exe�cis� th�s opt�an if; �a} Bvrrow�r causes <br /> to b� submitted t� Lender infvrmat�on requ�red by Lender to ��aluate the int�nded <br /> transferee as if a new ��an were b��ng mad� to the transferee; and 4 b� Lend�r <br /> reasonably determ�nes that Lender's s�curity wiil not be impaired by tne �oan <br /> assumption an� that th� �isk af a hreach af any co�enant ❑r agreerr�ent in fihis <br /> Security Instrument is acceptable to L�nder. <br /> To the extent per�itted by Applicab�e Law, Lend�r may charge a r�asanab�e fee <br /> as a �andit�an ta Lender'� consent to the [oan assumptian. L�nd�r also may require <br /> the transf�r�e ta sign an assumptior� agreement that is acceptabl� to Lender and that <br /> ob��gat�s the transfer�� ta keep all tne prom�ses and agr�em�nts made in th� N�te <br /> and �n this 5ecurity �r�strument. Borrowe� w��l continue to be obligat�d under the <br /> Note and this S�curity �nstrument un�ess Lender releases Barrower in writin�. <br /> If L�nder exercises the apt�on t� require imm�diate payment in fu�1, Len�1�r sha�� <br /> gi�e Bor��wer notice of acce[e�atian. Tn� nvtice sha�� prv��d� a per�ad of not fess <br /> than 3� days from the date the not�ce is g��en in acco�dance with S�ctivn �5 within <br /> wh�ch B�r�avver must pay al� sums secured by this Security Instrument. If B�rrvwer <br /> fai�s ta pay these sums prior t❑ the expirat��n af th�s pe���d, Lend�r may in��ke any <br /> remedi�s p�rmitted hy this Secur�ty [nstrument without furthe�- notice or demand on <br /> B�rrower. <br /> f <br /> [n�t�a�s: �� �� <br /> � <br /> �-�899R �fl 51 a} Pa e 4 of 5 _�� <br /> � <br /> R <br />
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