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200801439
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200801439
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Last modified
2/22/2008 2:37:04 PM
Creation date
2/22/2008 2:19:20 PM
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DEEDS
Inst Number
200801439
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<br />200801439 <br /> <br />There may be only one designated notb!: address under this Security In.strumcnt at anyone time. Any <br />notice to Lender shall be given by delivering it or by mailing it by first class mail to Lendet'$ address <br />: stated here~;r.'\ unless Lender b.as designated. another address by notice to BottOwer. AtJ.y notice in <br />connection with this Security InstrumenI Shall not be deemed to have been given to Lender ~il actually <br />received by Lender. If any notice required by this Security InSU'Ulneut is also required under Applicable <br />Law, rhe Applicable Law requirement will satisfy the corresponding requu-ement UJ,),der this Security <br />Instrument. <br /> <br />16. Guverning Law; Severability; Rules of Con.stru.ction. This Security Instrument shall be <br />governed by federal law and the law of the jurisdiction in which the Property is located. AU rights 8l,),(l <br />obligations conwded in this Security Inatrument are sU1>ject to any requirem.ents and limitations of <br />Applieable Law. Applicable Law might expliCitly or tmplicitly allow the parties to agree by contract or it <br />might be silent, but such silence shall not be construed as a lJIOhibition against agreement by contract. In <br />the event that ~y provision or claUse of this Security Instrument or the Note conflicts with Applicable <br />Law, such conflict shall not affect other provisions of this Security InstrUment or the Note which can be <br />given effect without the confbeting provision. <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and include <br />corresponding neuter words or words of the feminine gender; (/;I) words in the singular shall mean and <br />~:::::<~..~nc1ude the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to <br />}~N(Ali:~,any ~ction. <br />,\j)O.~~,:~IC,...<::;::~,~~.,7. Borrower's Copy. Borrower shall be given one copy of the Note and oftbis Security InStrument. <br />11,'.(f;,~\\~,.>'f':', ":;:18. Transter of the Property or a Beneficial Interest in :8OITower. As used in this Section IS, <br />ff/j"(:!.;;i::>t~ ~t~ in the Property" means any legal or beneficial inte.t'est in the :Property, including. but not limited <br />.~ ~1~\J~S'<\~i~!=>4h9s~ beneficial int~ts transf~ m a bOl1d. for d~, contract for deed. installment sales contraCt 0:( <br />f)j~i.{~;~'fi;.:~.row 3;greement. the mtent of which 11i the [ramfer at title by BOIrO\yer at a future date to a po/Chaser. <br />'eC:~~l:"';.:'. If,~l or any pan of the Propertf o~ any In~ertSt m the ~perty 1$ sold or transf~ (or If norro,,!er <br />'i'\;i(\".Wl;\ot. natural persOn and a beneficial Ulterest lI1 BolTowe,r 1S sold or transfeued) W1mout Lender's prIOr <br />~~~.1':;;w~ COusent, Lender may require immediate payme,ut in full of all sums secured by tl),j,s Secutity <br />>/1, (l..fl,o. ent. lIowever, this option shall not be exercised by Lender if such exercise is prohibited by <br />- . AQU pplicable Law. <br />If Lender exercise!> rhis option. Lendet shall give Borrower Dodce of acceltation. The notice shall <br />provide a period of not less thaQ 30 days from the date The notice is given in accordance with Section IS <br />within which Borrower m'u5t pay all sums secured by this Security Instrument. Xf Borrower fails [0 pay <br />these sums prior to the expiration of thi$ period, Lender may invoke any remedies pennitted by this <br />Security Instrument without further notice or demand on Borrowex-. <br />19. BOlAower's J.ljght to Reinstate After Acceleration. If BOlTower meets certain conditions, <br />Bouower shall have tile ript to have enforceme:at of this Security Instrllment discontinued at any time <br />prior to the earliest of: (a) five days before sBle of the Ptoperty pursuant to any powe.r of sale contained i.u <br />this Sa:urity lnsuument; (b) such other period as Applicable Law might specify for the termiaation of <br />Bortower's right to reinstate; or (c) entry of a Judgm.ent enforciDg this Security Instrum.eIit. Those <br />conditiOl;\s are that Borrower: (a) pays Lender all S\lIl1S which then 'Would be due Wlder this Security <br />Instrument and the Note as if no acceleration had occurred; (b) cures any default of llll.Y other covenants or <br />asreernent5; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited <br />to, reasonable attorneys' fees. property inspection and valuation fees, and other fees incurred for the <br />purpose of protecting Lender's itlterest in the Propeny and rights under this Security Instrwnent; and (d) <br />takes such action as Lender may reasonably tequire to assure that Lender's interest in the Propeny and <br />rights liDder this Security InstrurO.ElIlt, and Borrower'li obligation to pay the sums secured by rbis Security <br />InstruInet1t, shall continue unchanged. Lender may require that Bon'owe;I;' pay such reinstatement sums and <br />expenses in Ode or more of the following fonns, as selected by Under: (a) cash; (b) money order; (c) <br />certified check, bank check, treasurer's check Or cashier's check, provided any such check is drawn upon <br />an institution whose deposits are insured by 1iI federal agency, instruInentality Or entity; Or (d) Electronic <br />Funds Transfex-. Upon reinstatement by llorrower, this Security I:o.strument and obligations secured he.reby <br /> <br />~-6(NE) rcoos! <br /> <br />U/Ltr;;;,j.I~: M ..< ?( <br /> <br />"AgO" 011:1 ~ 7' Form 3028 1/01 <br />
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