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201600527
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Last modified
7/21/2017 2:58:18 PM
Creation date
1/28/2016 9:37:53 AM
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DEEDS
Inst Number
201600527
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2� 1 ���527 <br /> 'I�. Sale of Note; C'han��of Loan S�rvi�er�;�#vtice of Grievance.The�ote nr a par�ial in�eres�in��ie <br /> Note�together with this Security Insttument}can be sold one or m�re times�ithout prior aotice to <br /> Borrower.A sale might resu�t in a change in the ent�ty(knawn as the "Loan Servic�r"}that collects <br /> Periodic Payments due under the Note and this Security Instrument and performs other m�r�gag�loan <br /> s�r��c�ng obligations under the Note,this Security Instrument,and Applicable Law, There also migbt be <br /> one or�n�re changes of the Loan Servicer unrelated to a�a1e of the N�te. If there is a change of the L�an <br /> Serrvicer,Borrower�itl be g�ven written�atxce af the change which will state�he name and address of <br /> �he ne�v Loan Servicer,the address ta which payments should be mad�and any ather information REST�A <br /> requires�n conn.ect�on vv�th a no�ice of transfer of serv�cing.If the No�e is sold and thereafter the Loan�s <br /> serviced by a Loan Ser�icer other than the purchaser of the No�e,the mortgage loan ser�icing obligations <br /> to�orrv�er vvi11 remain�ith the Loan Servic�r or be transferred to a successor Lnan Ser�icer and ax�e <br /> not assumed b��.�e l�ot��urchase�unless ath.e�ise pravided�b�the�o�e purchase�'. <br /> Ne��her B�rrower nar Lender may commence,jain,or be joined to any judicial action(as either an <br /> individual litrgant or the member af a class}�hat aris�s from the other party's actions pursuant to this <br /> Security Instrument or that a��eges that the other party has�breached any pro��sion of,or an.y duty owed <br /> b�reason af,th�s Security Instrument,until such Borrower or Lender has notified the other party(�vith <br /> such notice given�n complian�e�rith the requ�ernents af Sect�on. 14�af such a��eged b�ea�ch and afforded <br /> the other party hereto a reasonabl�period after the gi�ing of such aotice to take corrective action. If <br /> Applica�te Law provides a time period which must elapse b�fore cer�aYn action can be taken,tha���me <br /> period will be d.ee��d�a b�fe�sonable far purp�ses of�.h�s Section.The notiee of acce�eration and <br /> opportunity�o cure give�to Borrower pursuant to Sectior�22 and the notice of acceleration given to <br /> Borro�er pursuant to Section 17 shall be deemed to satisf�,T the notice and opportunity to�a.ke corrective <br /> action pro�isions of this Section 19. <br /> 24. Borrovr�er N�t Third-PartyBeneficiaryta ��ntract af lnsur�nce.Mar�gage �nsurance reimburses <br /> Lender�or any entity that purchases the�ote�for cer�ai��osses it ma�incur if BQrro�rer does not repa� <br /> �he Loan as agreed. Borrower acknowledges and agrees that the Borro�er is not a thvrd party benefciary <br /> to the contract of insurance be�reen the Secretar�r and Lender,nor is Barro�er entitl�d to enforce a�ny <br /> agreement�etvve�n Lender and the�ecr�tary,unless expli��tly authori�ed to do so by Applicable Law. <br /> �'I. HazardausSubstanees.As used in�his Section 2�; (a} "Hazardaus Substa.nces"are those subs�an.ces <br /> defined as toxic ar hazardous substa.nces,p�llutants,�r�vastes by Envirqnmenta�La�v and the foll�wing <br /> substances: gasoline,kerosene,ather flammable or taxic petroleum products,toxic pesticides and <br /> herbicides,vola�i�e so�vents,materials containing asbestas or formaldeh�de, and radioacti�re materials; <br /> (b}"En�iron.n��ntal Lav�r"��ans federallav�s and laws��'�he ju.risdiction v�here the Property is lacated <br /> �hat r�late�o health, safety ar en�ironmental protec�ion; (c) "Enviaronmenta.�C1�anup" includes any <br /> response action,rernedial ac�ion,or removai action,as de�ned in.En�ironmental Lavv;and(d}an <br /> "Environm�n�a.1 Condition" means a�ondition that can�ause,contribute to,or otherwise trigger an <br /> En�iro�mental Cleanup. <br /> Bflrro�ver shall not cause or permit the pr�s�nce,use,disposal,storage,or release of any Hazardou.s <br /> Subst,a.nces,or threa�en�o release any Hazardous Substa.nces,on or in the Property. Borrovv�r shall nat <br /> do,nor a11ow anyone els�ta do,anything affecting the Property�a)that rs it�violation of any <br /> ���iro���nta.l Lav�,(b)which creates an Environ.ment�l�ondition,�r�c}�vhich,due to the presenc�, <br /> use,or release of a Hazaxdous Substance,creates a condition�hat ad�erse�y affec�s the value of the <br /> Property. The preceding two sentences shall nat apply ta�the presence,use,or storage on the Pr�perty of <br /> FHA Deed of Trust With MERS-NE 913�12414 <br /> Bankers 5ys#emsT�+ VMP� VMP4N(NE}[154B}.44 <br /> Wolters Kluwer Financ€ai Services Rage 13 vf 17 <br /> q�3354642393 �233 306 1317 <br />
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