My WebLink
|
Help
|
About
|
Sign Out
Browse
201303629
LFImages
>
Deeds
>
Deeds By Year
>
2013
>
201303629
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/31/2013 3:30:11 PM
Creation date
5/7/2013 9:01:29 AM
Metadata
Fields
Template:
DEEDS
Inst Number
201303629
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
201303629 <br /> provisions of this Security Instrument or the Note which can be given effect without the conflicting <br /> provision.To this end the provisions of this Security Instrument and the Note are declared to be severable. <br /> 15. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security <br /> Instrument. <br /> 16. Hazardous Substances. Borrower shall not cause or permit the presence,use,disposal,storage, <br /> or release of any Hazardous Substances on or in the Property. Borrower shall not do,nor allow anyone <br /> else to do,anything affecting the Property that is in violation of any Environmental Law. The preceding <br /> two sentences shall not apply to the presence,use, or storage on the Property of small quantities of <br /> Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to <br /> maintenance of the Property. <br /> Borrower shall promptly give Lender written notice of any investigation,claim,demand,lawsuit or other <br /> action by any governmental or regulatory agency or private party involving the Property and any Hazardous <br /> Substance or Environmental Law of which Borrower has actual knowledge. If Borrower learns, or is <br /> notified by any governmental or regulatory authority,that any removal or other remediation of any <br /> Hazardous Substances affecting the Property is necessary, Borrower shall promptly take all necessary <br /> remedial actions in accordance with Environmental Law. <br /> As used in this Paragraph 16,"Hazardous Substances"are those substances defined as toxic or hazardous <br /> substances by Environmental Law and the following substances:gasoline,kerosene,other flammable or <br /> toxic petroleum products,toxic pesticides and herbicides,volatile solvents,materials containing asbestos <br /> or formaldehyde,and radioactive materials.As used in this Paragraph 16, "Environmental Law" means <br /> federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or <br /> environmental protection. <br /> NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br /> 17.Assignment of Rents.Borrower unconditionally assigns and transfers to Lender all the rents and <br /> revenues of the Property.Borrower authorizes Lender or Lender's agents to collect the rents and revenues <br /> and hereby directs each tenant of the Property to pay the rents to Lender or Lender's agents.However, <br /> prior to Lender's notice to Borrower of Borrower's breach of any covenant or agreement in the Security <br /> Instrument, Borrower shall collect and receive all rents and revenues of the Property as trustee for the <br /> benefit of Lender and Borrower. This assignment of rents constitutes an absolute assignment and not an <br /> assignment for additional security only. <br /> If Lender gives notice of breach to Borrower:(a)all rents received by Borrower shall be held by Borrower <br /> as trustee for benefit of Lender only,to be applied to the sums secured by the Security Instrument;(b) <br /> Lender shall be entitled to collect and receive all of the rents of the Property; and(c)each tenant of the <br /> Property shall pay all rents due and unpaid to Lender or Lender's agent on Lender's written demand to <br /> the tenant. <br /> Borrower has not executed any prior assignment of the rents and has not and will not perform any act <br /> that would prevent Lender from exercising its rights under this Paragraph 17. <br /> Lender shall not be required to enter upon,take control of or maintain the Property before or after giving <br /> notice of breach to Borrower. However, Lender or a judicially appointed receiver may do so at any time <br /> 3213219551703 1118645871 <br /> FHA Deed of Trust-NE Revised 4/96 <br /> VMP® /lf 04/11 <br /> Wolters Kluwer Financial Services 201304254.0.0.0.4002-J20110929Y Initials: Page 7 of 10 <br /> *F `11"P'!9:'1" . <br /> I I <br />
The URL can be used to link to this page
Your browser does not support the video tag.