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201702081
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Last modified
7/28/2017 2:42:15 PM
Creation date
4/4/2017 9:33:05 AM
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DEEDS
Inst Number
201702081
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2� 17�2�81 <br /> the Security Instrument <br /> 14. Lien Status. <br /> (A) Modification. Borrower agrees to ex�end this Securi�ty instrument in accordance with this Paragraph <br /> �4�A}. If Lenc�er determ�nes #hat the original Iien status of the Security Instrument is jeopardized under state <br /> l�v� �including but not lirnited to s�tuations where the amount secured by the Securi�y Instrument equals ar <br /> exceeds #he maximum principai amc�unt stated �r the maximum periad under which loan ad�ances retain th� <br /> same li�n privrity initially granted to loan advan�es has expired}and state Iaw permits the original lien stat�s to <br /> be maintained for future loan advances thrau,gh the exeeutian and recordatian af one or mor� documents,then <br /> Lender shali obtain title e�id�nce at Borrawer's ex�ense. If the title ���der�ce indic�tes that th�Propert�Ys��t <br /> encumbered by any liens �except this Security Instrument, the S�cond Security Instrurne�at described in <br /> Paragraph 15�A} and any subordina�e �iens that the Lender de�ermines wili also be sub�rdina�e to any future <br /> �nan advances},Lender shat�request#he Borrawer to execute any documents necessary to protect the lien s�atus <br /> of future loan advances. Borrovver agrees ta execute such dvcuments. If state law does nnt permit the orz�inal <br /> lien status ta�e extended to future Ioan ad�ances,Borrower will be deemed to have fai�ed ta ha�e�erformed an <br /> obli�ation under this 5ecurity Instrument. <br /> �B} Tax Def�erral Pro�rams. Barrawer shall nat participate in a r���estate tax�leferral prograrr�, if any li�r�s <br /> ��.�._.,��..�..�,:�_ <br /> crea�ed by the tax deferra�are not subordina�e to this Secur�ty Instrument, <br /> (C} Prior Lien�. �orrawer shall promp��y discharge any lien which has priorifiSr a�er this Se��rifiy Instrumex�t <br /> ur�t�ss Borr�wer: (a) agrees in writing �o th� payment of the obligation secure�i b� the li�r� in a xnanner <br /> acc�ptabie ta Lender;(b} contests in govd faith the lien�y,or defends agai�st�n�forcen�ent of th�1i�n in, legal <br /> praceedings which in the Lender's opinion aperate to prev�nt th� enforcement af#.�e �ien or forfe�ture of any <br /> part of the Property;or�c�secures fr�m th�holder af�he lien an agreement sa�isfactor�ta Lender subor�inating <br /> the lien ta alI amounts secured by thi$ Security Instrument. �f Lender determin�s that any par�af the Property is <br /> sub�ect to a lien which may attain p�iori�y over this Se�ur�ty Inst�um��nt, Len�er may give Sorra�ver a noti�e <br /> ident�fyin�the lien.Barrower sha��satisfy the Ii�n�r take�ne or rnore of the actiflns set�orth abo�e within t�n <br /> (��}days af the giving of notice. <br /> 15. Reiatianship t��econd Security In�trurn+�nt. <br /> (A} Sec�nd Securi�v Instrument. I�order to secur�pa�ments whic�i the Secretary may make to or�n behalf <br /> .________�._.,.�.,_,�.�_.__._.� <br /> af Barrower pursuant to Sectran 255�i}�1}�A3 of the 'Natianal �-Iausing Act and �h� �oan Agreement, the <br /> Secretary ha�requ�red Borrower t4 exe�ute a Second I��te and a Secand Security Instr°urnent on the Property. <br /> (B� Retationshiu �f First and Second Se�uritv Instru�nents. Payments made by the Secretary sha�I nat be <br /> ._.,._..._.,.�,.�.._....���..�.�.. .,r......__�..�.._..� <br /> inc�uded in the d�bt un��r th�l�ote�znless: <br /> �i� ThiS S�cu���Instruxr�ent is assigned ta the 5 ecretary;ar <br /> �ii} Th�S�cre#ary ac�epts reimbursement by the�end�er for all pa�rments made by the Secretary. <br /> If the Gircumstances �i�scribed� in ti} or �ii} o�cur, then alI payments by �he �ecxet�.ry, inc�uding �nterest an the <br /> paym�nts,b�ut ex�luding lat�charges paid by the 5ecretary,shall be included in t��debt under#he Note. <br /> �C} Effect�n I3orrower. V�here ther�is no assignment or reimbursernen�as describ�d in�B��i}ar�ii}and the <br /> S�creta�rnakes payments to Borrower,then Borrow�r shall not: <br /> t�} Be required to pay amounts owed under the Note, or pay any rents and re�enues af�he Property under <br /> Paragraph�3 ta Lender or a re�eiver of�he Property,unti�the Secretary has required payment in full of alI <br /> �ne Rewers�Mvrtgage,LLC Loan 4riginator:Bntce�Isen <br /> �ornpany-NMLS#:2��2-Laan Number:336995��73 Laan�riginat�r NMLS#:9�2398 <br /> �Vebr�as�-d���E�S Security fnstr�xme�rt(Acljusta�i�e) Fage 7 of 11 Q Bay Docs,�LC 431411�41 S <br /> q�33C935�673 ��3� �38 �?'I� <br />
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