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84002826
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84002826
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Last modified
11/20/2008 3:51:20 PM
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11/20/2008 3:51:20 PM
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DEEDS
Inst Number
84002826
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<br />I <br /> <br />84 - 002826 <br /> <br />r <br /> <br />(E) Legal Umitation 00 Rate. <br />If tIE fiJed rate to be quoted on any Paymmt CIm1ge Date exceeds the IIBXiDun charges or rate <br />allowed by applicable law, then comIersion will not be allowed for that PayDmIt a.aql,e Date. The <br />note holder may offer a lower rate or charges than required or peIlllitt&l by this section in cIder to <br />c~y with sud1 legallimitat:IDns. l:ut is not required to do so. <br /> <br />(F) Prepsylllmt. <br />If, after COI'M!rsion, I IlIIke any prepayment unler sect:IDn 8, it will be g:wemsi by section 8 <br />eou:ept that the allDUDt of my IIDIIthly psyments will not be d1sqjed. <br /> <br />(G) Provisions Not Applicable after Comlersion. <br />After COQ\Iers:IDn of this loan, sections 2 (e>a:ept for the first,two ~), J, 4 (~ <br />for (A)), 5, 1, ani the last two sentences of section 8 shall not apply. <br /> <br /> <br />1. NOTICE OF CHANGES . . .' <br />The Note Holder will IIIIil. or deliver to... a notice of any chatw!s in the Fulllblth:Ly~; <br />ani my lIIIIlth1y payments at least 30 days before the effectiw date of any ~.. mf.DQt~..wil1 <br />irc1ude info11Dlltion required by law to be given ... and also the title ani tel.ephOlIe"~r"0f4:a/. <br />person wh> will arwer any quest:IDn I may have ~ the notice." <br /> <br />B. CHARGES; LIENS <br /> <br />Unifonl CoYenant 4 of the Security Instr\JlleO; is aIII!rIIed to read as mu.-: <br /> <br />4. 0Iar8es; Liens. Borrower shall pay all ~, asses__s,. and. ~~...i/.. <br />impositions attributable to the Property TOh1ch' may attain a priority CM!rtli:l,i!;~1J;i[!lii!' <br />and 1easehlld payments or gran! rents, if any, lnthe IIIIIID!r pr:ovided UIlIlet: <br />if not paid in sudI Emler, by Borrower IIIlIidng psyment, when <iJe. diNct1:t"to;' <br />Bonaler shall ~y furnish to IR.nder all notices of amourltS duaunder t.'l1S <br />~ Borrower sbill. 1IIIIke payaent directly, Borrower sbill. ~y furnilihto'J~.J.' <br />~ such payments. Borrower shall ~y discharge any lien Wic:bhllllpriorl:~' <br />Security Instr\JlleO;; provided, that Borrower sbill. not be required to cliadiaqeanylUCh<l:I.ciI:I. <br />as Borrower: (a) shall agree in wrltiq! to the JlIlYIII!tIt of the obliption 1Il!CJied. bye sUl:h<limI"~;<a" <br />1IIIDIl!1" acceptable to Lenler; (b) sbill. in good faith ccttest sudI lien by,. or ~:"",~, <br />enfu'u-ul of sudI lien in, legal prooeedilWl ~ch in the opI.n:IDn ofLenler operate.to~c~" <br />enfOrcellll!lE of the lien or forfeiture of the Property or any part thereof; or (c) shl1l~ftUil. <br />the lDlder of such lien an agreEIII!Ilt in a fOnl satisfactoty tc Lender subordInati.qJ such lien to th1;S <br />Security Ins~ot. <br /> <br />If Lenler deteIlllines that all or any part of the Property is subject to a lien TOh1ch may att.ldna <br />priority O\lII!r this Security Instl\Jllellt, l.eRIer shall sem Borrower notice 1deotifyiqrsuch~. <br />Borrower slBll satisfy such lien or tllk.e one or lIDre of the actions set fotthabove.with1n:.tA!D,... <br />of tIE gi~ of notice. <br /> <br />C. NOTICE <br /> <br />Unifonl Covenaot 14 of the Security Imtr\JlleO; is amen:Ied to read as mu.-: <br /> <br />14. Notice. ElIx:ept for any notice required under applicable 1aw to be given inllllOtbllr,...;.,,~r.,(a) . <br />any notice to Borrower provided for in this Security Instr\JlleO; sl&U be giWllby. deli~~t1~1;by' <br />~ it by first classllllil. addressed to Borrower at the Property ~Ol"<atsuch~'~ <br />as Borrower may des:iiJVlte by notice to 1.eRIer as provided herein, aa1 (b) any notice to 1 ?t\ st.lJ;: <br />be giW!ll by first class 1IIlil. to Lender-s addl"ess stated herein or tQ such otPet:~";~,111!\Y <br />designate by nxoice to Borroer as provided herein. !mj noti.ce Pl"lM.ded for in. tl1e..~t;.y <br />InstNllellt shall be deoaed to have beEln giwn to Borrower or Lender .... given inthit~. <br />desigpated herein. . . '. <br /> <br />D. UNIFORM DEED OF TRUST; GOVERNING LAW; SEVERABILITY <br /> <br />IlnlfOnl CoYenant 15 of tIE Security Instr\JlleO; is aIII!rIIed to read as follDws.; <br /> <br />15. Unifonl Deed of Trust; GcM!mi'lJ 1aI; SellerabUity. This fOtlll of Security Imttl8mt. <X1IIIJIDea <br />lUifom cauenants use ani ncn-unifOIll1 cCNeDallts with limited variationl by jur:;lsd:1ct:lpn to COIIltibi~ <br />a .mfom security instmlleIlt ClM!~ real property. This Security ImtnJEnt shall belJMlIllldby <br />federal 1aw aa1 law of the jurisdict:IDn in ..tW:h the Property is located. In the eWDt that any <br />provisi<XI or c1aIoo of the Security InstmlleIlt or the Note conflicts with applical)le 1aw. such <br />conflict slBl1 nxo affect ac:her provis:lons of this Security Imtr\.llleot or the Note TOh1ch can be given <br />effect withoot the conf1icti'lJ provision, ani to this end the provisions of this Security IIBtmIIeIlt <br />and the Note are declared to be sevemble. <br /> <br />L <br /> <br />E. 1lWiSFER OF 1HE PIO'EKlY; CIl A lElUICIAL INTIllFSJ: IN IlIlRlIER. <br /> <br />Unifonl Covenant 11 of the Security Instrument is allEnled to read as follows: <br /> <br />11. Transfer of the Property or a Beneficial Interest in BorrOloier. If all or any part of the <br />Property or an interest therein is sold or transferred (or if a beneficial interest in Borrower is <br />sold or traIBferred ani Borroer is not a natural person) witbJut l.eRIer- s prior written consent, <br />li!nler 1118Y. at 1.eRIer- s option, declare all the S\IE secured by this Security Instrument to be <br />1Dmed1atel}' due ani payable. ~,this option shall not be e><erclsed by Lender if e><ercise is <br />not autlDrized by Federal Law. <br /> <br />If Lender e><ercises such opt:IDn to accelerate, li!nler shall IIIIil. Borrower notice of acceleration in <br />accordance with paragraph 14 hereof. Such notice shall provide a period of not less than 30 days <br />ttcm the date the notice is Ill8i1ed within ..tW:h Borroer may ray the S\IE declared due. If Borroer <br />fails to pIl}' such SlIll8 prior to the expiration of such period; Lender may, without further notice or <br />deaBn:l on Borrower. iI\vQke ar.rJ remedies petlllit.ted by rar"8I'aph 18 hereof, <br /> <br />Notwiths~ a sale or tt'lU16fer. BorrOloier will contltlJe to be obl4lated under the Note and this <br />SEcurity Inst:r\ll!ent unless Lenler has released Borrc.;er in writing, <br /> <br />TMC-024 (qc) (Page 2) <br />Rev 2/84 (CAP 2) <br />
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