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201701204
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Last modified
7/28/2017 2:12:59 PM
Creation date
2/24/2017 12:47:59 PM
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DEEDS
Inst Number
201701204
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2� 17� 12�4 <br /> As used in this Security Instrument: �a�vvords of the masculine gender shail mean and include <br /> corresponding neuter words or words af the fem�nine gen.der;�b}words in the singular sha11 mean and <br /> in�lude the plural and�ice versa;and�c)�he�ard"may"gx�es 5o�e discretion without any obliga�ian tQ <br /> take any a�tion. <br /> 'f�, Bvrrower's Copy.Borrower shail be given one copy�f the�1ote and of this Security It�strumertt, <br /> 1�. Transfer of the Propertyor a B�nef�Gial�nterest in Bar�vwer.As used in this Section 17, "Inter�st <br /> in#he Property"means any legal�r beneftcia�interest in the Fr�p�rty,including,but not limited to, <br /> t�ose ber�eficial interests transferred in a band for deed,contract for deed, insta.11ment sales contract or <br /> escrow agreement,the intent�f which i�the transfer af#itle by Borrower at a future date to a purchase�. <br /> If all or any part of the Property ar any�nterest rn#he Prapert�is s�1d ar transf�rred�ar if Barr�wer is <br /> not a natural person and a beneficial interest i��orra��ver is soid or transferred}wit�out Lender's prior <br /> wri�ten consent,Lender may r�quire immedi�.�e�aymen�in fu11 of all sums secured by this 5ecurity <br /> Instrument. Howe�er,this option shail not be exercised by Lender if such exercise i�prahibited by <br /> Applicable Law. <br /> If Lender exercises th�s option,Lender shall give F3orrower na�ice of acceleration. The n�tice shal� <br /> prov�de a per�ad of t�ot�ess than 3�days frqm the date the notice is gi�en in aecordance with 5ection 1� <br /> withir�which Borro�er must pay al1 sums secured by this Securit�Instrumerat. If Borrawer fails ta pay <br /> these sum�prior ta the expiration of this period,Lender may�n�a�e any remedies permitted by this <br /> 5ecurity Instrument without further notice or demand an F3orrower. <br /> �18. Borrower's Rightta ReinstateAfter Accelerativn.If Borrawer rneets certain conditions, Bo�rotiver <br /> sha�l have the r�ght to reinstate�rnent af a mortga�e. Thos�conditions are that BQrraw�r: (a)�ays Lender <br /> a�l sums which then wfluld be due under this 5ecurity Instrument and the Note as i�'no acce�er�tion had <br /> occu�red;�b}cures any default of any o�her covenants or agreements;(c}pays al�e�penses incurred in <br /> enforcing this Security Instrumen�, inc�uding,�t��not limited to,reasonabl�a�torneys'fee�,pr�per�y <br /> in�pection and�aluation fee�,and other fees incurred for th��urpose of protecting Lend�r's int�r�st in <br /> the Property and rights un�er this�ecur��y�nstrument;and�d}takes such aet�on as L�nder may <br /> reasonably requir�to assure that L�nder`s�nterest in the Propert�and rights und�r this Securrty <br /> Instrument,and Borro�er's obligation�o pay the sums s�cured by this Security Instrument, shall <br /> cont�nue unchanged.Hourever,Lender is not r��uired�o r�insta.te if: (i}Lender has accept�d <br /> reinstatement af�er the commencemen�of foreclosure proceedings�vithin two years im�ned�a�ely <br /> preceding the c�mmencement of a current foreclosure pro�eedir�g;(ii}reinsta.�ement�vill preclude <br /> fareclosure an different graunds in the future;or�iii}reinstatement w�11 adverse�y affect the priority of <br /> #he lien created by this Security Instrument. Lender may require that Borro�ter pa�r such reinstaternent <br /> sums and expenses in one or more of the followir�g forms,as selected by Lender: �a�cash; (b}money <br /> arder;(c��ertified checl�,bank check,treasurer's chec�or cashier's check,pro�ided an�such ch�ck is <br /> drawn upon an institution whose deposits are insured by a federat agency,instrum�ntal�ty or�ntity;or <br /> �d�Electron�c Funds Transfer. Upon r�instatemen�by Borrawer,this Securi�y Instrument and obligat�ons <br /> secured hereby shall remaia ful�y effective as if no acceleration had occurred.Ho�vever,��is right to <br /> �ein�tat�shall not ap��y in the case of a�celeratian under Section 17, <br /> FHA�eed of Trust With MERS-NE 9t3412414 <br /> Bankers SystemsT�+ UMP� VMP4lV�NE}(1546}.Q4 <br /> Wt�lter:s Kluw�r Financial Services Page 1z o�47 <br /> q033718��482 Q�33 351 l�ll <br />
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