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201504333
<br /> 19. Sale of Note; Change of Loan Servicer; Notice of Grie�ance. The Note or a partial i��terest in the
<br /> Note(togetk�er with this Security Instrutnent)aan be sold one ar inorc timcs without prior natice to
<br /> Borrnwer. A�ale�night r�ult in a ch�nge in the entity(known as the"Loan Servicer") tl�at collects
<br /> Periodic Payments due under the Note and this Security Instr�unexat and per�or�ns other inortgage loan
<br /> servicing obligfltions under the Note, this Secu�•ity I�lstrument, and Applicabla Law. There also might be
<br /> one or more changes of the Loan Sex•vicer unrelated to a sale of the Note. If there is a change of the Loaii
<br /> Servicer, Borrower will be given written notice of fhe change wh:ich will stAte the i�aine and address oE
<br /> the new Loun Servicer, the Address to which payments should bc mndc and any other infonnation R�SPA
<br /> requires in cnnnection with.a notice of transfer of servicing. IF the NoCe is sold and thereafter lhe Loan is
<br /> serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations
<br /> to Borrower will reinain with the Loan Servicer or be transferreci to a successor Loan S�rvicex and are
<br /> not assiuned by the Note purch�se�•unless otherwise provided by the Note pr.u•chaser.
<br /> 20. Borrower Not Third-Party Benef9ciary to Contract of Insurance. Mortgage Insurance reimburses
<br /> Lender(or any entity that purchases ik►e Note) for certain lossas it may incur if Borrower does not repay
<br /> the Loan as agreed. Borrower ackno�vledges and agrees that the]3orrower is not a third party bex�eficiary
<br /> to fhe contract oF insurance Uelween C1ie Secretary ac�d Lender, nor is Borrower eutitled to eriforce any
<br /> agreeinent between Lender and the Secretary, unless e�plicitly authorized to clo so by Applicable Law.
<br /> 21. Hazardaus Substances. As usecE in this Section 21: (a) "Hazardous Substances" are those substances
<br /> defiixecl as toxic or haznrdous subatances, pallutAnts, or wastcs Uy�nviroiuncntal Law aud the followii�g
<br /> suhstances: gasoline, kerosene, other flammable or toxic petroleurn products, toxic pesticides�nd
<br /> herbicides, volaYile solvents, materials containing asbestos or formaldehyde, and radioacfive inaterials;
<br /> (b}"Bnvirontnental Law" means federal laws and laws of the jurisdiction where the Property is located
<br /> that relate to health, safety ar environmental protection; {c)"EnvirotunenYal Cleamep" it�cludes any
<br /> response action, remedial action, or removal action, as defined in Bnvirontnet�tal Law; and(d}an
<br /> "�nvironmental Condition" �neflns a condition that can causc, coutributc to, or othcrwisc trigger an
<br /> l;nvironmental C1�anup.
<br /> Borrowar sha11 not cause o3•�ec�cnit tl�e preseiice, use, tlisposal, siorage;, or rele�se of�uiy IIa�ardous
<br /> Substances, ar tlueaten to release an5�Hazardous 5ubsfances, on or in the Property. Borrower shail not
<br /> do, nor allow anyone else ta do, anything affecting the Property{a)that is in violation of an.y
<br /> Environmental Lav�r, {b)whicli creates an�n�irotunental Condition, or(c)which, due to the presence,
<br /> use, or release of a Hazaedous Substance, cr�ates a condition that adversely affects the value of the
<br /> Property, The preceding two sentenet;s shall not apply to the presence, use, or storage on the Propert5r of
<br /> small Quantities of I-Iazarc�ous Substances that are generally r�cogriiced�o be dppropria�e lu normal
<br /> residential uses and to inaintienance of the Property(iz�cludir�, but not liinited to, hazardous subst�nces
<br /> in consumer products).
<br /> Borrower shall promptly give Lcndcr writtcn noticc of(a)any invcstigation, claixn, demand, lav;+suit ar
<br /> other a.ction I�y�ny governmental ar regulatory agency or private party involving the Property and aiiy
<br /> I Iazardous 5ubstance or�nvirorunental Law o£which Borrower has ac#ual kno�n+ledge, {b) a�ry
<br /> EnviromnenYal Condition, including but not liinited to, any spilling, leaking, discharge, release or threat
<br /> of release of any I-Iazardous Substance, and{c} any condition caused by the presence, use or release of fl
<br /> Hazardous 5ubstance wlzich adversely affects the value of the Property. If Borrower learns, or is noliried
<br /> by any goverml�ental or rcg�ilutory authority�, or any privatc party, that any re�moval or other remediation
<br /> aa5�eazs5s
<br /> FHA�eed of 7rust-NE 9130?201&
<br /> BankersSysiemsrM VMPO VMfAR{NC;(15G2},01
<br /> Wvlters Kluwer Fnandal Services Page 13 oi 1fi
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