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201601019
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Last modified
7/23/2017 9:48:43 AM
Creation date
2/19/2016 12:20:03 PM
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DEEDS
Inst Number
201601019
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2� 1 �� 1 � 19 <br /> sma11�u�ntities of Ha�ardaus Substances that are gen�rally recognized to be appropriate t�normal <br /> residen�iai uses and to ma�ntenance of the Praperty(including,but not limited to,hazardous substances <br /> in Gonsumer praductsj. <br /> Borrow�r shall promptly giv�L�nder writt�n notice of(a}any investigation,claim,demand, �awsuit or <br /> other action by any governmentai or regulatory a�ency or�rivate par�y involving the Pr�perty and any <br /> Hazardous Subs�ance or�nvironmental Law of which Barr�wer has actual knowledge,�'b}any <br /> En�ironmental Conditian, includ�ng but n�t limited to,any spil�ing, leaking,discha.rg�,release or threat <br /> vf release af any Hazardous Substance,an�i(c}any conditian caused by th��resence,use or release of a <br /> Haza�dous Substanee�rh�c�adverse��affec�s�he�a�ue o��he Prog�rty. If BQrro�er learns, vr�s notif ed <br /> by any governmentai or regulatory authority,or any private party,that any remo�a�or��her remediation <br /> of any Hazardous Substa.nce affecting�he Property is necessary,Barrower shall promptly take a�i <br /> necess�ary remedial actio�.s in accordance with Environmental Law.Nothing herein sha11 create any <br /> obligati�n an Lender for an Envuoamental Cleanup. <br /> N�N-UN1F�R1�A C�VENANTS.Borrower and Lender further co�enant and agx��e as follows: <br /> �2. Acce[eration;Remedies.Lender shall give nvtiCe to Borrawer prior to acceleratian following <br /> BQrrawer's breach of any cavenan��r agreement in this Security Instrumen��but not pria�to <br /> acceleration under Section 17 unless Applic�ble Law pro�ide�otherv�ise�.The na�ice shall speCify: <br /> �a}the default; �b}the action required tv cure the default;��}a date,nvt less than 34 days frvm the <br /> date the n�tice is gi�en to Borrawer,by v�hich the default must be cured; and�d�that fai�ure to <br /> �ure the def�ult on or befvre the date specif�d in the notice may result in ac�eleration af the sums <br /> secured by this Security Instrument and sale flf�he Prvperty.The noti�e shall further inform <br /> Borrow�r of the rigbt�o reinstate after acceleration and#he right�o�rix��a court actiQ�to asser� <br /> the non-existence vf a default ar any ot�er defense of Barr��er t�acceleration and sale.If the <br /> default rs not cured on�r before the d�te speci�ed in the notice,Lender at its o�tion may requir� <br /> �mmed�ate payment�n fu��vf a��sums se��red b�t��s Se�ur�ty Instrument wi.thvut further demand <br /> and ma�invok�the pvwer of sale and a�y other remedies permitted by Applicable Law.Lender <br /> shalt be entitled to collect�l�expenses incurred in pursu�ng the remedies provided�n this Section <br /> �2,including,but ntit��mited ta,reas�nable attorney�'fees and casts a�title�vid�n�e. <br /> If the��vver of sale is invoked,Trustee shall recard a noti�e�f default in each caunty in whi�h any <br /> part of the Property is la�ated and shall ma�l copies of such nvtice in the manner prescribed by <br /> App�icable Law to Borr���r and to the other persQns prescribed by Applicable Law.After the time <br /> required by App�i�ab�e La�,Trustee shall give publi�nfltice af sa�e to the persons and in�he <br /> manner presCribed by Applicable Law.Trustee,without demand an Borrower,shall sell the <br /> Property at public auction to the highest bidder at the time and pla�e and under tbe terms <br /> designated in the notice of sale in one ar n�ore parcels and in any ar�ier Trustee determines.Trustee <br /> ma�p�stpane sa�e of a��or any par�e��f the�'r�per�by pub�ic announcer�ent at the tirne and <br /> place af any pre�ivus�y s�heduled sale.Lender or its designee may purchase the Praperty at any <br /> sale. <br /> FHA Deed o#Trus#W ith ME RS�VE g134�4 q 4 <br /> Bankers Sys#emsTN+ VMP� VMP4N�NE}(45�6�.44 <br /> Wolters Kluwer Fi�ancial Se�vices Page 14 of 17 <br /> q43351367�58 �233 348 1�17 <br />
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