201504245 - Laserfiche WebLink

Browse

�� . G ��15�4�45 , 103714�124 Borrawer's consent. 13. Not�ce� Any notice�� Borrower provided for xn�his Security Instrument sha�l be given by de�xvering it ar by ma�Xxn�it by first ciass ma��un�ess appl�cab�e Iaw requires use of another method.The notice sha��be dxrec�ed�o the Praperty Address �r any other address Sorro�ver designates by notxce ta Lender. Any noti�e�a Lender sha��be given�y first c�ass maxl to Lender's address stated here�n or any o�her address Lender de��gna�es by notice to Barrower.Any natic�provi.ded for xn th�s Security Instrument shal�be deemed ta have been�iven�o B arrower or Lender when given as provided in this paragraph. �4. Ga�ern�ng Law;S�v�rability This Security�nstrument shal�be governed by Federa�law and the Iaw of�he jurisdic�ion�n which the Property is Iacated. �n�he event that any provision or c�ause of th�s Security�nstrument ar the Note conflic�s�vz�h app�icab�e�aw,su�h Conflict shall nat aff`ect o�her pravis�ons of this Security�ns�rument ar the Na�e�vhich can be given effect wxthou�the canf�ictrng pravis�on.T�thxs end,the provis�ans flf thxs Secun�y Instrument and�he N�te are dec�ared to be severable. �.5. Borrower's�opy Borrower sha��be given one conformed copy af the Note and of thxs Security�ns�rument. �.6. �Iazardaus Substances Bflrrower sha�I not cause or permit the presence, us�, disposa�, s�orage, or re�ea�e of any Ha.zardaus Subs�ances on ar�n�he Property.Borrower shal�not do,nor a��o�v anyone else to do,an�hing affect�ng the Properry that is xn vio�a�ion of any Env�ronmenta��aw.The preced.ing two sentences shal�no�app�y to�he pres�nce, use, or storage on the Property of sma�I quantxt�es of Hazaxdous Su�stances that are general�y recogn�zed to be appro�riate to normal resxdentia�use� and to maintenance of the Froperty. Borrower sha�l pr�mptly give Lender written na�ice of any Inves�rgat�on,claim.,demand,lawsu�t or o�her action by any governmenta� or regulatory agency ar pr�vate party invo�ving �he Praper�y and any Hazardous Substance ar Environmental Law of which Borrower has actual knowledge. �f Borrotiver Xearns,or�s notif ed by any govern.mental or regulatory auth�rity,that any remava�or o�her remed�a�ion of any Hazardous Substan�es affect�ng�he Prop�rty is necessary, Borrovver sha�� prompt�y�ak� a�l necessary remedial actions in accardance�vith Environmenta� Law. As used in this paragraph ��,"Hazardous Subs�ances"ar�those substances defined as taxic or hazardous su�bstanc�s by Environmenta��aw and the fa�Iotiving substances:gasoline,kerflsene,other flammab�e ar �oxic petroleum pr�ducts,toxic pes�i�ides and herbxcxdes,vo�atz�e so�ven�s,materials contazning asbestos or forma�dehyde, and radioac��ve materia�s.As used in th�s Paragraph I6, "Environmen�al�aw" means federa��aws and laws of the jurisdi��ian where the Property is �ocated�ha�relate�o hea��h, safety or env�ronmenta�protect�on. N�N-UNIF�RM��ENANTS.Borrower and Lender further covenan�and agree as fo��otivs: I 7. Assibnment of l�ent5 Borro�wer uncandx��ona��y assigns and transfers to Lender aII the rents and revenues of the Property. Borrower au�horizes Lender or Lender's ag�nts ta col�ect the rents and revenues and hereby directs ea�h tenan�of�he Property to pay the rents ta Lender or Lender's agents.Hotivever,prior�o Lender`s na�ice to Borrower of Barrower's breach of�.ny covenant ar agreemen��n the Security Znstrumen�,Borrawer shall , ca�lect and receive a�l rents and �-evenues of the Property as trustee far�he benef�t of Lender and Bflrrower. Thxs assignmen� of rents constYtutes an absfl�ute assignm.en�t and not an assignmen� for add�tzonal security an�y. FHA Nebraska Deed of Trust-�21I3 � a 9�.31 Pa�e 7 of 10 , �