201701709 - Laserfiche WebLink

Browse

2� 17� 17�9 A�usec�in this Secur�ty Instrurrient: (a}words af the mascu�ine�ender sha1.1 mean�nd inci�ade corresponding neuter words or words of the feminine gender;(b)�vdrds in the singula�shall rr�ean and include the plural and vice�ersa;and(c)the ward"may"gi�es so�e discretian�rithout any ob�igation to takc any act�on. 1 S. E3orrower's Copy.F3ar�-ower shai�be given one capy of�he No�e and af thxs Security Iz�strur�ent, �7. Transfer of th��rvperty or a Beneficiailnterest�n Borro►�er.As used�n this Section 17, "�nterest in the Property"means an.y l�egal or bene#icial inter�st in the Property, includxng,but not�imit�d to, �hose bene�icial interests tran5fer�-ed in a bond far�eed,contract for t�eed, insta.�Iment sa�es contract�r es�row agreeme�lt,the intent of which is the tr�nsfer of title b�Borrower at a fixture date to a�urchaser. If all or any part af the Prap�rty or any It�terest�n the Property�s so�d or tra�.sf�rred�or if Borro�er is nat a natural person and a ben��iGial interest in B�rr��ver is so�d or transferred}�vithaut Lender's prior writ�en consent,Lender may require �mmediate payment�n ful�af all sums secured b�this Secur�� Instrument. Hawe��r,this optian shal�not he exercis�d by L�nd�r if s��h e�er�xse is proh�b�ted b� Appl�cablc Law. If Lender exercise�this optian,Lender sha��give F3orrower notice of accelerati�p. The natice shai� provide a per�od of na�less than 3�da�s from the date the notiee�s�iven in accardance�vith Sec�ion. 14 within«hic�Barrc�wer must pay a1i sums secured by this�eeuri�y�nstrument. If Borro�v�r fails ta pay these sums pr�or�a the expiration af thi�perr�d,L�nd�r may in�oke any remedies permitted by this Seeurity instrurn�n�w�th�ut further notice ar demand on Borrower. 'I$. Barr�vwer'�Right�o ReinstateAfter A�celeratian.If Borrower meets ce�ain condit�ons, BoxrQ�ver shall have the r�ght tQ reinstatem�nt of a mort�a�e.Those�andations are that��rro�v�r:�a}pays Lender al� s��ms wh�ch then tivou�d be due under th��5e�urity Instrument and the Note ds if nQ acc�el�rat�on had occurred; (b�cures an�default of any other cove�ants ar agreement�;(c}pays��exp�nses rncurred�� enforc�ng this Se�urrty Instrument, includYn�,but not lim�ted to,reasonab�e�tto�neys'f�es,property insp�ction and�a�uation fees,and oth�r fees�ncurred for the purpose af pr�tecting L�nd�r's inter�st in th�Property and rights under�his Security It�strument;and�d}tal��s such action as Lender may reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument,and Borrawer's obligation ta pay the sutns s�cured by this Secur�ty Instrument,sha�I cont�.nue unchanged. Howe�er,L��ader is not required to r�instate�f; (i�Lender has a�cepted reinstatem�nt after the c�mmencemen�of foreclosure proceedtngs w�thin two years irr��mediate�y preced�ng the cammencem�nt of a current forecla�ure proc��d�ng;(ii�reinstateme�t wi1l preclude fo�`eciosure on different�round�in the future;or�iii}reiristatemet�t�i��ad�eXsely affe�t the priority of the�ien created by this Secur�ty Instrum�nt. Le�d�r may requir��hat Borrow�r pay such reinstatement sums and expenses in one or more of the following forms,as selected by Lender: �a)cash;(b}money order;�c)eerti#ied check,bank check,treasurer's chec�or cashi�r's check,prov�ded an�such check is drawn upon an institut��whose deposits are insured by a�ederal ag�ncy,instrumet�ta.lity or entity;or �d}Electronic Fund�Transfer. Upon rein�tatement b�r Barraw�r,th�s Secur�ty Instrument and oh�igations secured hereby shall remain fully effective as if na acce�erati�n had occurred, However,thi�right ta re�nstate sha�l n�t appiy in the case of acce�eration under Section 17. �HA C�eed t�f Trust With MERS-NE 913Q12Q14 Bank�rs Syst�m�TM VMP d VMP4N(NE){1506)_Q4 Wfl�ter,Kfuvv�r Finar�crai Services Pag�9�af 17 q 33�3�19$93 q233 331 1217