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200207253
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200207253
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Last modified
10/15/2011 1:49:11 AM
Creation date
10/22/2005 9:01:47 PM
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DEEDS
Inst Number
200207253
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200207253 <br />There may be only one designated notice address under this Seem it) Instrument at any one time Any <br />notice to Lender shall be given by delivering it or by mailing it by first class mail to Lendei s address <br />stated herein unless Lender has designated another address by notice to Burrower. Any ounce in <br />connection with this Security Instrument shall not be deemed to have berm given to Larder until actually <br />received by Lender. If any notice required by this Security Instrument is also required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirement trader this Security <br />Instrument_ <br />16. Governing Law; Severability; Rules of Construction. This Security Insimment shall be <br />governed by federal law and the law of the Jurisdiction in which the Properly is located- All rights and <br />obligations contained in this Security Instrument ere subject to any requirements and limitations of <br />Applicable Law. Applicable Law night explicitly or implicitly allow the parties to agree by Contract or it <br />might be silent, but such silence shall not be construed as e prohibition against agreement by contract In <br />The even that any provision or clause of this Security instrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect other previsions of Nis Security Instrument or the Note which can be <br />given effect without the conflicting provision <br />As used is this Security Instrument (a) words of the masculine grader shill nwai and include <br />corresponding neuter wards or words of the feminine gender, (b) wards in the singular shall mean and <br />include the plural and vice vas¢ and (o) the word "may" gives sole discretion without any obligation to <br />lake any action_ <br />17. Borrower's Copy. follower shall be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Property or a Beneficial Interest in Burrower. As used in this Section 18, <br />"Intcrat in the Property" occurs any legal or beneficial interest in the Property, including, but not limited <br />to, those beneficial interests transferred in a bond for hand, contract for dead, installment sales contract or <br />escrow agreement, the intent of which is the transfer of title by Borrower al a future dale n a p chaser. <br />If all or any part of the Properly or any Interest in the Property is sold or transferred (or if Burrower <br />not a mental person and a beneficial interest in Harrower is sold or madefared) without Lender's prior <br />written consent, Lcodw may require immediate payment in fill of all stores cured by this Security <br />Iuatrmnco[. However, this option shall not be exercised by Lender if such exercise is prohibited by <br />Applicable Law. <br />If I rather exercises this option, Lender shall give Borrower notice of acceleration. The notice shall <br />provide a period of not less Than 30 days from the date the notice is given in accordance with Section li <br />within which Borrower must pay all .sunn secured by this Security Instrument If Borrower fails to pay <br />these stuns prior to the expiration of this period, Tender may invoke any remedies permitted by this <br />Security Instrument without further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate ARer Acceleration. If Borrower meets certain conditions, <br />Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time <br />prior to Ne earliest of: (a) five days before sale of the Property pumumt to any power of sale contained in <br />this Security Instrument, (b) such other period as Applicable Law might specify for the (examination of <br />fiorrowefs right to carotene; or (o) entry of a judgment enforcing tbis Security Instrument. Those <br />conditions we that Borrower: (a) pays Lender all sums which then would be due trader this Security <br />Irmh'u cunt and the Note as if no acceleration had occurred; (b) cures my defuull of any other Covenants or <br />agreements, (c) pays all expenses incurred in enforcing this Security Instrument, including, but nor limited <br />to, reasonable attorneys' fees, property inspection and valuation fees, and other fees in rat for the <br />purpose of protecting Lender's interest in the Property and rights maker This Security Instrument; and (d) <br />rakes such action as Lender may reasonably require to assure that Lender's interest in the Property and <br />rights under this Security Instrument, and Bnrrowcd s obligation to pay me swan secured by this Security <br />Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sans and <br />expenses in one or more of The following forms, as selected by Lender '. (a) cadre; (b) money order; (c) <br />certified check, bank check, tr arsurei s check or cushier' a check, provided any such check is drawn upon <br />air institution whose deposits we insured by a federal agency, instrumentality an entity: or (d) Hlectronc <br />Funds Transfer . Open reinstatanent by Borrower, this Security Instrument and obligations secured hereby <br />" v)O Nn,- 229150 <br />�atnEt arms) w.i mu 1'� Form 3029 tot <br />
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