200207441 - Laserfiche WebLink

Browse

200207441 There may be only one designated notice address under this Security Inshutrumt at arty one time. Any notice to Lender shall be given by delivering it or by mailing It by first class mail to [,Chile,',, address stated herein unless Lender has designated another address by notim to Borrower. Any notice in conncclion with this Security Instrmnent shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construrtimr. This Security lusuuntent shall be governed by federal law and the law of the jurisdiction in which the Properly is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limimtimts of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might Ise silent, but such silence shall not be construed as a prohibition against agreement try Contract. In the event that any provision or clause of this Security Instrument or the ?rote conflicts with Applicable Law, such cunlict shall not affect other provisions of this Security Instrument or the Note which can be given clfus without [Ile conflicting provision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neater words or words of the femimiae gender; (b) words in the singular shall niean mud include the plural and vice versa; and (c) the word "may" gives solo discretion without any obligation to take any action. 17. Bon'owerN Copy. Borrower shall be given one Copy of the Nate laid of this Security Instrument_ 18. 'Transfer of the Property or a Beneficial Interest in Rorrower. As used in this Section 18, "Interest lit the Property" means any legal or beneficial inturest in the Property, including, but not limited to, those beneficial interests transferred in u bond for deed, contract for deed, installmcrd sales contract or escrow arcs eat, the intent of which is the transfer of title by Borrower at a future date ill a purchaser. If a I or arty part of the Properly or any Interest in the Property is sold or transferred (or if Borrower is not a nmtural person and a beneficial interest in Borrower is sold of transferred) without L aider's prier written consent, Lender may require itan ediaie payment in full of all sums secured by this shun ty Instrument. However, this option shall not be exercised by Lender If such exercise is prohibited by Applicable Law. If IAndcr cxcn4sea this option, Lender shall give Borrower notice of necclerunon. The notice shall provide a period ofnot less than 30 days from rho date the notice is given in accordance with Section 15 within which periowcr must pay all sums secured by this Security Inshmnelr. If Borrower tails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Bot'rower's Right to Reinstate After Acceleration. If Borrower meet, certain conditions, Borrower shall have the right to have enforcement of this Srcunty Inatnacent discontinued in any time prior to the earliest of: (a) Live days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable Law might specify for the termination of Borrower's tight to reinstate; or (c) entry of a Judgment criforehng this Security Instrument. 'those txmditions are that Borrower (a) pays Lender all sums which then would he due under this Security Instmmcnt and the Note as If no acceleration had occurred: (b) cures city default ot any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrumelt, including, but not limited (o, reasonable anonteys' fees, property inspection and valuation lees, and other Ices incurred for the purpose of protecting Ixoder s interest in the Properly slid rights under this Security Instrument; and (d) lakes such action as Lender may reasonably reactive to assure that Lender's interest nt the Property and rights under this Security Instmntent, and Borrower's obligation to pay ire sums secure) by this Security Instrument, shall continue unchanged- Lender may require that Borrower pay such reinstat1Mlent suns and expenses in one or more of the following forms, as selected by L nde, (a) c.Ii: (b) money order. (c) certified check, bank check, ucaeurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency. instrumentality or entity; or (d) Electronic Funds Trun.sfcr. Upon reinstaemcnt by Borrower, this Security Instrument and obligations secured hereby '7 d n BINEI rooav n "ssn es , , ;''VJ Poem 3028 1101 5t 'd 9662 965 Z06 'ON M DJ,W HWOH ODU MUM Wd 2:2T I8J ZOH -di -IM