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201702233
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Last modified
7/28/2017 2:52:33 PM
Creation date
4/10/2017 12:05:18 PM
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DEEDS
Inst Number
201702233
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2� 17�2233 <br /> ARTICLE 11 -�T�TI�E S <br /> A.1� nat�c�s o� other �rr�tten ca�namunicat�a.�s her�ur�der sha11 be d��iver�d in <br /> accardanc� �ith Se�tion I�.� ��the Laan Agree�ne��. I�dl�idual Barr�w�r, f�r �tself and for <br /> � eac� par�y hereta, �iereby requests a cap� af any notxc� of defau�t and a c�p� of an� n�t�ce �f <br /> sale hereunder be�nailed t� thern a��he a.p�Iicab�e �ddr�sses pr�vi��d. <br /> ARTI�I�E 1� � APPLICABL�LA� <br /> � S�ction 1�,1 ��vern�n� La�v. This Secur�ty Instrum�r�t sha�l be go�erned in �. <br /> _�,,.��..���„��,����,���������, <br /> accardance w�th the t�rms an�provisian�of Secti�n ��.3 �f the Loan Agr�ement. <br /> S�ct�on 1�.2 U�ur� La�v�. 1��tv�ithstanding an�thir�g ta the contrary, [a} aIl <br /> agreements and �ommun�ca�ians betweer� B�rr��v�� and Le��er are hereby and sha.11 <br /> au��matica.��y be l�mit�d so that, a�ter tal�ing into a�c�unt a�� amaunts deemed inter�st, the <br /> �nterest contracted far, charge� �r re�e�Wed b� Lend�r sha�� ne�er e�cee� �he Ma�imum Legal <br /> Ra.te or amaun�, (b� in ca�Gu�at�r�� wheth�r any interest on a���unt of th� Loan ��c�ed� th� <br /> Ma�imum Legal Rate, a�1 su�h ir�t�rest sha11 �e amor��zed, �rQrated, all��ated and spread over <br /> t�e fu1l amaunt a�.� ter�n of a�� pr�nc��a� indebtedness of Borrower to Lender an accou�t of the <br /> L�an an� �c} if thr�ugh any contingenc� o� event, Len�er rece�v�s ar �s de�m��l to r�ceive , <br /> �r�terest �n exc�ss af the Ma�imum Ilegal Rate, an� such ��cess shall be d�emed to �iave �een <br /> app�i�d to�rard pa.�ment of the �utsta.nd�r�g pr�r�cipal of the� Loan, or if th�re is no such <br /> outstandin�prxncipal balance, shall imm�diately�e returr��d to Barrower. <br /> �e�tion 12.� ProvisYnn� Subiect ta Ap���ca�le La�. Al� rights, po�r�r� and <br /> rem�dies prov��ied �n this Securit� In�trument rna� be ��e��ised on�y to the extent that the <br /> e�ercise thereof d��s nat violate any ap�licab�e pr�v�s�ons of�a�v a�.d are intended to be �imit�d <br /> ta the ��t�r�t �ecessary so that they vvi�l n�t rende� t�is �e�ur�ty Ir�strumer�t �r�val�c�, <br /> uner�farc�abl� or n�t ent�tlec� to be recorded� re�ist�red ar filed under the pra�isi�r�s of any <br /> appli�abl� 1avv. <br /> ARTICLE 1� -I�EFINITI�NS <br /> Unle�� the cant��t cl�ar�y in��ca.�es a. cont��ry intent or un�ess otherw�se <br /> spec�f��al��prov�d�d her�in,�ards us�d�n this S�curxt�Instrument may be us�d�nter�ha.r�geal�l� <br /> in singula� or �lural fo�m ar�d the worc� "Ind�vidua� Borr�wer" shall mean "Indi�r�dual <br /> Barrov�rer and�any su�sequent owner or �v�mers �f the Pr�per�y ar any part thereof," �he �word <br /> "L�nder" shall mea� �`Lender a.n� an�r subs�quent holder of the l�Tote," th� w�rd "Not�" �ha11 <br /> mean"th�Not� and any �ther e��den�e of indebt�dness s�cured by this S�curi�y Ir�strument,"the <br /> �ar� "Prap�rty" sha�� in�lude a.n� po��on �f the Praper�y and an� of Ind�vic�ual B�rrov�er's <br /> int�rest ther�in, an� �he phrases "a�t�rne�s' fees", "l�gal fe�s" and "coun�e� fees" �h�.�l in�lude <br /> �.r�� and all r�a�onabl� and documented attorne���, �aralega� an�l Iav� G��rl� fe�s ar�d <br /> di�bursem�nts, includ�r�g, but n�� l�mited t�, �easonable a.nd do�urner�ted fees a.nd d�sbursements <br /> a.t the pr�-�trial, tr�al and appellat� leve�s �n�urr�� or paid by Lender �n pratect�ng �ts lnterest in <br /> the Property, the I�eases and t�e R�nts ar�d enforcing its rights h�reunder. <br /> . �� <br />
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