My WebLink
|
Help
|
About
|
Sign Out
Browse
201107813
LFImages
>
Deeds
>
Deeds By Year
>
2011
>
201107813
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/19/2011 11:27:28 AM
Creation date
10/19/2011 8:39:18 AM
Metadata
Fields
Template:
DEEDS
Inst Number
201107813
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
11
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
�o��o��i� <br />Any amouuts disbursed by Lender under this paragraph shall become an additional debt of Borrower and be <br />secured by this 5ecurity Instrument. These amounts shall bear interest from the date of disbursement, at the <br />Note rate, and at the option of Lender, shall be immediately due and payable. <br />Borrower shall promptly discharge any lien which has priority over this Security Inshvment unless Bonower <br />(a) agrees in wtiting to the payment of the obligation secured by the lien in a manner acceptable to Lender; <br />(b) contests in good faith the lien by, or defends against enforcement of the lien in, legal proceedings which <br />in the Lender's opinion operate to prevent the enforcement of the lien; or (c) secures from the holder of the <br />lien an agreement satisfactory to Lender subordinating the lien to this Secutity Instrument. If Lender <br />determines that any part of the Property is subject to a lien which may attain priority over this Security <br />Instivment, Lender may give Bonower a notice identifying the lien. Bonower shall satisfy the lien or take <br />�ne or more of the actions set forth above within 10 days of the giving of notice. <br />8. Fees. Lender may collect fees and charges authorized by the Secretary. <br />9. Grounds for Acceleration of Debt. <br />(a) Def7ult. Lender may, except as limited by regulations issued by the Secretary, in the case of payment <br />defaults, require immediate payment in full of all sums secured by this Security Instrument if: <br />(i) Bonower defaults by failing to pay in full any monthly payment required by this Security <br />Instivment prior to or on the due date of the next monthly payment, or <br />(ii) Bonower defaults by failing, for a period of thirty days, to perform any other obligations <br />contained in this Security Insttument. <br />(b) Sale Without CreditApproval.Lender shall, if permitted by applicablelaw (including Section <br />341(d) ofthe Garn-St. Germain Depository Instihrtions Act of 1982, 12 U.S.C. 1701j-3(c�) and with <br />the prior approval of the Secretary, require immediate payment in fiill of all sums secured by this <br />Security Instrument if: <br />(i) All or part of the Property, or a beneficial interest in a hust owning all or part of the Propetty, is <br />sold or otherwise transferred (other than by devise or descent), and <br />(ii) The Property is not occupied by the putchaser or gtantee as his or her principal residence, or the <br />purchaser or grantee does so occupy the Property but his or her credit has not been approved in <br />accordance with the requirements of the Secretary. <br />(c) No Waive�. If circumstances occur that would permit Lender to require immediate payment in full, but <br />Lender does not require such payments, Lender does not waive its rights with respect to subsequent <br />events. <br />(d) Regulationsof HUD Secretary. In many circumstancesregulations issued by the Secretary will limit <br />Lender's rights, in the case of payment defaults, to require immediate payment in full and foreclose if <br />not paid. This Security Instrument does not authorize acceleration or foreclosure if not permitted by <br />regulations of the Secretary. <br />(e) Mortgage Not Insured.Borrower agrees that if this Security Instrument and the Note are not <br />determined to be eligible for insurance under the National Housing Act within 60 days from the date <br />hereof, Lender may, at its option, require irnmediate payment in full of all sums secured by this <br />Security Instrument. A written statement of any authorized agent of the Secretary dated subsequent to <br />60 days from the date hereof, declining to insure this Security Instrument and the Note, shall be <br />deemed conclusive proof o£ such ineligibility. Notwithstanding the foregoing, this option may not be <br />FHA Deed ofTrust-NE <br />VMP � <br />Wolters Kluwar Financial Servicas <br />��i a�ss <br />VMP4R(NE) (1105).00 <br />page 6 of 10 <br />
The URL can be used to link to this page
Your browser does not support the video tag.