201508599 - Laserfiche WebLink

Browse

2� 15�8599 small�uantities of Hazardous Substances that are generally recogni�ed to be appropriate to normal r�sidential uses and to maintenat�ce of the Property�inc�ud�ng,bu�not limited to,hazardaus�ubstances �n consumer products). Borrower sha11 promptly gi�e Lender written nat�ce of�a)any investigatian,c�aim,demand, lawsuit or other action by any go�ernmental or regulatory agency or pri�ate party�n�olving t�e Praperty and any Hazardous Substance or Environmenta�Law of which Borrower has actual knowledge, (b}any Enviranmental�ondition, inc�ud�n�but not limited to, any spilling, leaking, discharge,release or threat o�'reiease of any Hazardous Su�stance,and(c)any condition caused by the presence,use or release of a Hazardous Substance�vhi�h adversely affects the�alue of the praperty. �f Barrower learns,or is notified b}�an}�govemmental�r regu�atary aut'hority, or any private party,th�t�ny removal or other remediati�n of any Ha�ardous�ubstance affecting�he Prapert�is necessary,Borrov�er shall pramptly take al� necessar�rem�dia�actians in accordance wi�th Environmenta.�Law.Nothing herein sha11 create an}r obtigation on Lender for an Envxronmenta.l Cleanup. N�3N;UNIF�RM�C3VEIVANTS. Barrower and Lend�r further covenant and agree as fo��o�s: ��. Acceleration;Rem�dies.Lender sha�I g��e natice to Borrvwer prior to a�celerativn fv�l�wing Borrower's breach of any c�►�enant vr agreement�n this Seeurity Instrument�but not pri�r to acceleration under Sect�on 17 unless Applicable Law pro�i�es oth�rvv�se}.The notice shall spec�f�: �a}the default; tb}the a�tian required to cure the default; �c}a date,nvt less than 3�days frvm the date the nati�e is giv�n t�Borraw�r,by which the d��au�t must be cured;and�d}that fa�lure to cure the default on Qr b�fare�he date specified in the natice r�ay result in acceleratian of the sums secured by thi�Secur�ty Instrument and sale of the Pr�perty,The notice shaii further inform Borrower of the r�ght t� re�nstate after acceleration and the right t�bring a�ourt aCtion t�assert the n�nn-existence af a default or any�ther defense of Borr�wer to a�ce�eratian and sale.If the defau�t is not cured an or before the date specifed in the n�t�ce,Lender at its opti�n m.a�r�quire immediate payment in ful��f all sums se�ured by this Security Instrument without further demand and may in�oke the power of sa�e anc�any other remedies permitted by Applicable Law. Lender shall be entitled tv caliect a��expenses incurred in pursuing the remedies provided in this Secti�n 22,ir��ud�ng,b�t not�in�ited t�,reasonable attarneys'fees and casts of title�vxde�ce. If the power of saie is invoked, Trustiee shall record a notice Qf default in each county in yvhieh an� part of the�roperty is�ocated and shall mail c+apies of such natice in the ma�nner prescribed by Applica�le Law to Bar�aw�r an�to the oth�r persons pres�ribed by Applicable La�v.After the time required b�Appli�abl�e Lav�,Trustee�hall give public notice af sa�e t�the persons and 2n the manner pr�scribed by Applicabie Law.�`r�stee,vYi�hout demand�n Borrav�er,sha�l sel�th� Property at publi�aucti�n ta the highest bidder at the time and place a�d under the terms designated in the notice af sale in one o�mare parcels and in any order Trustee determines.Trustee may postp�ne sale of a�l ar any parcel of th�Praperty by public announcement at the time and place�f any pre�iously scheduled Sale.Lender or its des�gnee may purcha�e the Property at any sa�e. FHA�eed af Trtist With MERS-NE 913412Q14 B�ankers Systems� 1fMP� VMP4N[NE}(15�6).�4 Wafters I�luwer Financial Senrices Page 14 af 17 q4334$95�� 33 3�� 417