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201601112
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Last modified
7/23/2017 9:54:07 AM
Creation date
2/26/2016 10:12:38 AM
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DEEDS
Inst Number
201601112
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2� 1 �� 1112 <br /> sma11 quantities of Ha�ardous Substances that are genera.11y recognized ta be appr�priate to normal <br /> residential uses and to maintenance of the Praper�y(including,but not�imited to,hazardous substa.nces <br /> in consumer products). <br /> Borrower sha11 promptly give Leader written n.ot�ce of�a)a�y investigation,claim,deman�, lawsuit or <br /> other action by any gavernmental or regutatary agency vr pri�ate par�y�nvolving the Property and any <br /> Hazaxd�us Substance or En�iranmenta�Lavv af�hich Bonow�r has actual knowledge, (b)any <br /> Environmental Condition, including but no�timited to,any spilling, 1eak�ng,discharge,rel�ase or�hreat <br /> of release�f any Hazard�us Substan.ce,and�c}any cond�t�on caused by the pr�sence,use ar re�ease vf a <br /> Hazardous Substance which adversely affeGts the value of th�Property. If Borrower learns,or is no��fied <br /> by any gavernm�ntal or regulatory authority, or any priva�e party,that any remo�al or o�her r�mediation <br /> of any Hazardou�Substance affecting the Property is necessary,Borrower sha11 prompt�y�ake a�I <br /> necessary remedial actions in accordance�vi�h Environmental La�u.Nothing herein shali create any <br /> abligation on Lender for an Envuonmental Cleanup. <br /> N�N-UNIF�RM G�VENANTS.Barrower and Lender fur�her co�enant�nd agree as follows: <br /> Z�. Acceleration;Remedies.Lender shall give notice t�Borrvwer pri�r to accelerativn following <br /> I3vrrower's breach of any covenant ar agreement�n this Security Instrument�but not prior tv <br /> a�eeleration under Section 17 un�es�Applicable I�aw provides athervvise�.The n.Qtice shall specify: <br /> (a�the defaul�;�b}the action requ�red to cure the default; �c} a date,nvt less than 3�days from the <br /> d�te the noti�e is given to Borrower,by which the default must be cur�d; and�d}that failure tv <br /> cure the default on ar bef�re the date specif�ed in the notice ma�result in accelerati�n o�the sums <br /> secured by#hi�Security Instrument and sale vf the Prope�ty. The notice shall further inform <br /> Bvrrawer of the right to reinstate after acce�era�i�n and the right t�bring a court action to assert <br /> the n�n-ex�stence of a default vr any other defense of Borr�v�er to accelera�ion an�d sale.If the <br /> �efault is n�t cured on ar bef�re the date specified in the n�tice,Lender at its vptifln may require <br /> immed�ate p�yment in full of all sums secured by this Se�urf ty Instrumen���hout further�emand <br /> and may inW�ke the power af sale and any other remedies permitted b�Appl�cable Law.Lender <br /> shall be entitled ta col��ct all expenses incurred in pursuing the remedies provided in this Secti�n <br /> 2Z,including,but n4#Iimited to,reasonable attorneys'fees and Costs of title evidence. <br /> If the power�f s�le xs invvked,Trustee shall record a natice af default in each county in which any <br /> part of t�e Property is itieated and shall mail copies af such nvtice in the manner prescribed by <br /> Applicable Law to Borro�er and to th�ather persQns prescribed by Applicable Law.After the time <br /> required by Applicable Lavv,Trustee sha�I g��e public notice af sale�o the persons�nd in�he <br /> manner prescribed by Applicable Law,Trustee,withaut demand�n Borrower,sha���ell�he <br /> Propert�at public auction ta the h�ghest bidder at the time and p�a�e and under the terms <br /> des�gnated in the natiCe of sale in�ne ar more parcels and in any order Trustee deternain�s,Trustee <br /> n�ay pQst�one sale of all or any parce�of the Property by pub�ic anntiuncement at the time�nd <br /> p�ace of any previausly s�heduled sale.Lender or its designee may purchase the Property at an� <br /> sale. <br /> FHA deed af Trust With MERS-NE 9I3412414 <br /> Bankers Systems�+ VMP� VNlP4N�NE�(150B}A4 <br /> Wa�ters Kl�nnrer Financial 5ervices Page 14 of 1� <br /> q�335196�355 �233 2$� 1417 <br />
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