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201407909
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7/20/2017 10:18:43 PM
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12/16/2014 2:59:06 PM
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DEEDS
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201407909
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� ��14�79�9 <br /> :; <br /> 14. ����rnin� Y�aw; �e��a-abil�ty. Thrs Securi�y Instrumen�shall be bo�erned by federal�av�and the law af <br /> �he jur�sdxc�ion in v�hich�he Property is Ioca�ed. In�he even��hat any prowis�on flr c�ause af�his Security�nstrument <br /> or�he N��e confl�c�s v���h app��cab�e la�, such conf�ic� sha��not affect o�.er pro��sions of�h�s Security�ns�rum�nt <br /> or the No�e�rh�ch can be g�vem effect withou�the�onf��c��ng pravis�on. �To��iis�nd the pr�visions �f f��s Security <br /> Instrumen� and�he I�a�e are dec�ared�o be se�erahle. �_ <br /> � ' 15. ]B�rravqv��'��op�. Borrower sha1X be g�ven one conf�rm���opy of�he No�e and of this Se�urity�nstrument. <br /> . �� 1�. �azard�u�Subs��rn�e�. Borro�nr�r shal�nat cause�r permi��he presenc�,use, disposa.�, s�vrage, or release � <br /> � of�any Hazardous Subs�ances�n ar in�he Prapert�. Borro�vcrer sha�l nat d�, n�r ai�ow anyane e�se�o da, anyth�ng <br /> affecting the Property that�s in�iola�ion af any En�vYr�nme��a��,aw. �'he preceding twa sentences sha�1 not appl� <br /> �o.�he presence, use, or st�rage on the Property of sma�1 quant�ti�s af Ha2ardous Subs�an�es that are�genera�Iy <br /> recagnized to be appr�priate�o n�rma�residen�ia�uses and to ma�ntenance of the Proper�. , <br /> Borrov�er sha11 prompt�y g��e Lender v�itten no��ce af ar�y in�es��gatxon, claim, demand, Ia�sui� or other <br /> ac��on by any ga�zrnmen�a� or regula�ory age�cy or pr��ra�� par�y invol�ing the Praperty and an� Ha.�ardous <br /> . Su�s�ance or�n�vir�nm�nta�Law af wh�ch Borrov��r has a�t�a��novv�edbe. �f Bnrrvv�rer learns, or�s notX�.ed by any <br /> governmen�a��r regu�a�ary a��h�rxt�, that any rem��ra�or oih�r re�ned�a��on of any Hazardaus�ubs�ances affec�inb <br /> �he Property is necessary, Barrov►r�r sha�� pramp��y �a�e a�� necessary �emed�a� ac�ian� �n accaraance wz�thi <br /> . Env�ranmen�a� Lav�. � <br /> As used in this paragraph ��, "Hazardous Su�bs�ances" are �hose substances def�ned as tox�c or hazardous <br /> substances by En�v�ronm�ntal �aw and�th� fo�lowing subs�anc�s: gasa�ine, kerosene, o�her flammable ar toxi� <br /> pe�r��eum products, toxic pest�cides and�erb�c��es,�ola��le so�ven�s, mater�a�s conta�ni�a asbestas or formaldehyde; <br /> and radioact�ve materia�s.. As used in th�s par�.graph �6, "En�ironmen�al La�" means fed�ra�Iav,rs and�a�vs of the <br /> jurisdict�on �her��he Praper� �s�ocated y�hat r��a�e��hea��h, saf�ty or en��ronmen�a�protec�ian. � <br /> _ ���V�L�����]� �����A�T`�. Borr�v�rer a.�d�e�der fur�her covenan�and agree as fol�a�vs: : <br /> ._. 1'7. �,�s���a�����f�����. Borr��rer unc��d�t��na��y ass�g�s and transf�rs t�Lend�r a��the r�n�s and revenues <br /> of�he Property. Bor�ower au�hor�zes�ender ar L�nder's age��s�a co��ec���.e ren�s and r�venues and hereby direc�s <br /> ea�h tenan� of the Praper�ty to pay �he ren�s to Lend�r ar �e�der's agents. ]Kawe�er, prior �o Lender's no��ce �a <br /> Barrower of Borrawer's breach of any�ov�nan�or agr�exnent�n th�Sec�r��y Ins�rumen�, B�rrower sha�I co�lect and <br /> rece��e al�rents and re�enues of the Proper�as trustee for the benef�of Lender and Barrower. Thxs assxgnm�nt�� <br /> r�n�s �ons���utes an absolute ass�gnmen�and not an assianmen� for addi��ona� security onl�. � . <br /> �f�.ender b��es na�ice of breach�o Borra�er: �a� a��rents re�e�w�d b�Borrovver sha��be held by �arra�uer as <br /> �rus�ee for�be�zef t af Lender an��, ta be app�x�d�o�h�suzns secur�d�by the Security�strument; (b}Lender shall�e <br /> �n�itled�� co��ect and rece�ve a�� of the ren�s of the�'roper�; and�c� each�enan�of the Praper�sha7�pay al�ren�s <br /> due and uz�pa�d�o Lender or Lend�r's agent an�e�.c�er's v�i�ten demand�o the tenant. '� <br /> . Borrov�er has nv�e�ecu�ed a�y prior assignment of�he�en�s and h�.�not and w��l not perf�rm any a���hat v�rou�cl <br /> pre�ent Lender from exercising i�s r�ghts under�his }�aragraph �7. � � <br /> Lender sha��not�e required�o en�er upan, �a�e cantrol af ar mai.r��a�n the Proper�y befare or afte�g�v�na no�i�e <br /> of breach to Borrowe�. Hnwe�rer, Lender or a�udic�al�y appo��t�d recex�er may da sn a�any��me�here is a breach: <br /> :, <br /> Any appl�cation of ren�s sha11 no�cure�r v�ar�e any d�fault or inval�da�e any o�her right or remedy of�L�nder. This <br /> ass�bnment�f rents�f the Pr�p�rt�sha��term�nate v�hen the de�at secured by�he Security Instrument is paYd�n ful�`: � <br /> 1�. F�r��xas�r�l�r���du��. I�L�rn���r r��u�r���m.�n�d��.���pa�m��t��.fu��u�d�r parag�ra��9,L�nder ma� <br /> in�o���h�pow�r of sa����ad�my�oth�r�r��aed�����rn��t��d��ap�Ii�ab�e�aw. Len���s�all be�������d�������c� <br /> �il e�p�ns�� ��a�urr�d gn pu�-��i�� $h� r������� px°�vaded �� ���� �par����ph 1�, intc��d��g, bu� no� ���ngt�c� ��, <br /> ���sanalb����t�rn��s' f���a�a c��t�of�i�l� ���de��e.� . . <br /> If�h�p�v����f s�l��s inv���d, T`ru5t�����1�r����d��������f����u�t��n���h��u�ty�n��a�cb an�p�a��f <br /> the Pr�p�r� �� ����t�� ��d sh�I� m�.�� ��p��s ����ch n�$��� �� t�� a�anneY pr���rib�� �y app���a��e ���v to <br /> ��r�-�w�r a�d t� the other person� �r�s��-��ed lb��pp������e ���. A.�ter the tx�� r�qui�ed b��.p�l����b�e �av�; <br /> Trust��, sh�l��i�e p�b���no�����f s�Ie to t��p��s�ns��d�m�������e�prescr�b�r�b���p�ac�bl�la�v. Tr��te�, <br /> �it���� dem��d �� �or�o��r, sh��� s�l��h� P�op��y�� ��abl�� ��a�t�or� �o t�e ��ghest �idc��r ��fh�ti�m� a�d <br /> :; <br /> FHA iVE6RA5KA DEED �F TRUST � NIERS �������� <br /> NED4T�.FHA 4�1�31�2 Page 6 of 9 www.dvcmagi�,corrr <br /> � <br />
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