HomeMy WebLinkAbout0920 cN'~s~ Tm~ co~~yr • . .
8. TRAN8RER OF TNE PROPeN'T'1r 011 A OeN~l~ICiA1. INTERE$T IPi 80RROWER
UnNorm cawnant 1T of th~ S~CUrity In~tru~Nnt Is an~snd~d to rNd as foiloMnc
Tnnsh~ ot tM proM~b or'~ O~Aoi~l N~M~wt M ~ar~oMr~?. H~il or ~nYp~~t ot tM Prope~ty o~ sny
Intarost in 1~ Is ioW or trnrafsmadiar N~ b~n~AoiM ~~~n~t M 8o~'owsr M ~old of tnnsferr~d and 8orroyrK is not a
n~tural p~r~or~} without I.~nd~a pNorwrlltan oon~R I.~nd~r miK ~t itsoptlo~+, ~uMe Mnniedl~ts q~Yrn~nt In fuN
ot atl sums sicurod by thts~cwity In~unNnt NowwK. thN optbn M~li ~atlw~~t~ciNd by ~~t~dsrN.xfndss is
prohibtted by fedsnt iaw ~s of tM d~b of thN 8~curity imtrum~M. L~M~o 3h~ll not ~xerc;lse thls option M: la
Borrowsr c~uses to be submltted to ~~nd~? i~tonnatio+t nqWrid bYl.~+~d~r.to ~vaiwte tl~a Int~ndsd fnnsteroe as •
- N a nsw ban wero b~ieq mads to th~ tran~'aneC ~nd (b1' L~nd~r n~o~by dstsnMnq tfu~t Lenders sscu~ity wiN
not bs imp~ired by ths lo~n ~swmp~io~ ~nd th~t tha~ rbk af a bn~ch ol ~ny co~wnant or aproement In th{s 3ecu~ity
Instrument Is e~viceptable to L~nder. ~ .
To the exteM p~nnltt~d by spplkabl~ I~vK L~ncMr rn~Y chs~ a+'sssonaW~ ~se ~s a~ondltion to tendars
, conaent to ths loan asw~nption. l~~m~y~Iso nq~StMtnnMe~s tba0n an sssu+nptian a~reement that ls in
acceptabla to l.end~rind th~t obiipata tiN tra~4ofin! to k~sp 1~1 th~ pnOnfhMa~d aproimants made in the Note
~ endinthia3ecurttylnatnlment 8orroyw~wlNcont~?Vrto.blablip~ttdund~ttiNNot~~r~dthf~8ecuritylnstrument
unless Lender releases HoROwi~ in wriNrp. ~ . -
N Lander sxeici~ss the option to nsqutro immedkts pNymant in tut~ i.~nder shall ~1ve borrower notics of
accelareHon The notioe at?~11 provlds a psrtod of ~ot less th~n~30 days hom tfie date ths notice is dslivered or
mailed within which borr4wer ~ust pay aN iuma Mc~~nd bY thta,S~curity Instrunfant ft bpnower f~ila fo psY these
sums prlor to the eupiration of thli psrlod Len~ may in~oks a~y romadiss psrmitt~d by thts 8acu~ity Instrume~t
without fuhher notics or demand on BoROwet
BY 31CiNIN(3 BELOW, Bonower aoospts and~ eprees to ~His ts~rns and Co~renants Contai~?ed in this
Adjustable Rate Ride~
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