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201603109
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Last modified
7/24/2017 1:51:09 PM
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5/18/2016 2:04:54 PM
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201603109
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2� 1 ��31 �9 <br /> Hazardous 5ubs�ance, �rea�es a cond�tion fiha�ad�ers�ly affec�s the�alue of fihe Praper�y. The preceding <br /> �wo sen�ences shall nvt app�y �o �he presence, use, or s�orage fln the Proper�y of sma�� quant�ties of <br /> Hazardous 5ubs�ances �hat are general�y recognized �a be appropriate �o narmai res�dential uses and �a <br /> main�enance af the Proper�y tinc�uding, bu�no�limited�o, hazardvus subs�ances in cvnsumer products}. <br /> Borro�ver shal[ pramp��y g��e Lender w�i�ten no�ice �f�a} any �n�est�ga�ian, c�aim, demand, [awsui�or <br /> oth�r ac�ion by any governmen�a� ar reguia�ary a��ncy or pr��a�e party Envol�ing the Proper�y and any <br /> Ha�ardous Substance or En�ironmen�a� Law of which Borrawer has a�tual knowledge, �b} any <br /> En�ironmen�al Condition, in�luding bu� not lim��ed �a, any spillin�, ieaking, dEscharge, re[ease or threat of <br /> re[ease of any Hazardous Subs�ance, and �c} any candition caused �y the�presence, use or release �f a <br /> Hazardous Substance v�rhE�h ad�erse�y affec�s �he va[ue of the Property. �f Borrow�r learns, or iS nat�fed <br /> �y any goWernmen�al or regula�ory authority, or any pri�a�e party, �hat any remo�a� ar other remed�a��on �f <br /> any Ha�ardaus Substance affec�ing the Proper�y is necessary, Borrower shal� promp�iy take a�[ ne�essar�y <br /> r�med�a{ ac�ions in ac�ordance wi#h Env�ronmen�a! Law. No�hing herein shal! �rea�e any obl�ga�ivn on <br /> Lender for an Environm�ntal �leanup, <br /> �'�. Fund�r�g Fee.A fee equa�fio one�half of�one per�ent af the bafance of�his �oan as of fhe dafe of <br /> �ransfer of the Proper�y shall be payabl� a��he #ime of transf�r fio �he foan h��der or i�s au�horized ag�nt, <br /> as firus�e� for �he Depar�ment of Ve�erans AffaErs. �f fihe assumer fa��s to pay �his fee a� �he �ime of <br /> transfer, �h� fee shal! �onsfi��ufe an additiona[ deb� �o �ha� a[ready secured by fihis instrumen�, shaff bear <br /> �n�eres�a��he ra�e he�ein pro�ided, and, at fhe op��an of the payee of the Endeb�edness hereby secured or <br /> any transferee �hereof, shail be immed�ately due and payable. This f�e Es au�omatically v�raived if �he <br /> assumer �s exemp� under the pro��si�ns of 38 U.S.C. 37�9�c}. �No�e: The funding fee for loans assumed <br /> be�ween �21'�31�� and 913DID3 wi11 be � perGent.} <br /> �2. Processing Charge. Upvn applica��on for approval fo al�ow assumptian of this Ioan, a <br /> processing fee may be charged by �he [oan ho[d�r ar E�s au�horized agen� for determining the <br /> credit�rvor�hiness of �he assumer and subse�uenfily re�Esing �he holder's ��rvnership records �vhen an <br /> approWed �ransf�r is comp�eted. The amoun�of�h�s �harge sha�� not exc�ed �he max�mum estab�ished by <br /> the Depar�ment�f Ve�erans Affairs f�r a loan�o which 5ec��an 3714 of�hap�er 3?', Ti�fe 38, United S�a��s <br /> Code app�i�s. <br /> 23. �ndemnity Lia�ility. lf�his obligation is assumed, then �he assumer hereby agrees fio assume <br /> all of fihe obligatians of fih�Wefie��n under�he terms of the ins�rumen�s �reafing and securEng the �oan. The <br /> assumer further agrees �o indemn�fy �he Deparkment of Veterans AffaErs �o the ext�nt of any �laim <br /> paymen�ar�sing from�he guaranty or�nsurance of the indeb�edness creafied by�his instrument. <br /> iV�N-UfV1F�RM ��VENANTS. Borravver and Lender fur�h�r covenant and agree as falf��s: <br /> 24. ►4ccel�rati�nr Reme��e�. 1Le��er shal� ��rre no�i�e t� �3��r��re� �ar��r to acce��ratio� <br /> f��la��ng �3orror�r�r's �reach �f any c�rrena�� �r ar�re�ar��nt �n �his S��urity ��stru�n�n� �b�� n�t <br /> pr��r to acce�erat�on ur�d�r Section 1? unless Ap�i�ca��e Law pra�i�es �th�r�nr�se}. The r�v�i�e sha'I� <br /> speci�y: �a� �he default; ��} the ��ti�r� required �v �ure the default; �c} a date, r�o� l�ss #han 3fl �iays <br /> from fihe date the notice �s gi�en to �orr�wer, by whic� the default �us� be cure�; and �d� �hat <br /> fa�lur�to cur�the default�n or before the date specif�ed in the not�ce may result in acce�erat�an vf <br /> the sums secured by th�s 5ecur��y Instrument and sale of �he �'roperty. The notice shali further <br /> inform B�rr�wer of the right to reinstate aiter acceierat��n and the r�c�ht ta �r"rng a court action t� <br /> assert the non-existence af a c�efault �r any vther defense af Barr�wer t� acce�era�ian and sale. �f <br /> the defauit is not cured on or befor� the date s�ec�fi�d in the nat�ce, L��der a� its apt��n may <br /> requir� immediate payment i� ful� of al� sums secured by this 5ecur�ty Instrument w�thout further <br /> demand and may in►►oke the pawer �f sa[e and any other r�medies permittec� by Applicable Law. <br /> Lender shal� be entit��d ta c��lect al� expenses incurred �n pursuing the remedies pr�vid�ci in th�s <br /> � 6 s $ v � � M c M o � -r v o T � <br /> NEBRASKA 5mgle Fam�l�--UNEFDRN�1N5TRUMENT <br /> Accenture Martgage Cadence Doaurnent Center�37"16 D6113 Page 12 0�'14 <br /> , <br />
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