201603476 - Laserfiche WebLink

Browse

2� 1 ��347� small quantities of Hazardaus Substances that are generalty recognized ta be appropriate to normal residential uses and to mai�.tenance of the Property��nc�uding,but not limited to,hazardous substances in consumer proclucts). Borro�ver shalt promptly give Lender�ritten notic�of(a}any investiga�ion,claim,demand, la�vsuit or o��.��a�tion b�an�gove�nmenta�ar regulatory agency ar pr��ate par�y invo��ng the Property and any Hazardous Sub�tance or Envir�nmer�tal Law af which Borrower has actua�knowledge, (b)any En�ironmenta�Condition, including but not limited to,any spilling, leaking,dischar�e,re�ease or threat of release vf any Hazardou�Substance,and(c�any condition caused by the presence,use or release of a Ha2ardous Substance�which adverse�y affects the va�lue of the Praperty.If Borrovver Iear�s,or�s na�ified by any govern.mental oi regulatory authority,or any private party,that any remova�or other remediation �f any Hazardous�ubstance affecting the Prnperty i�necessary, Borra�ver sha11 promptly take a11 necessary remedia�a�ctions in accordan�e��th E�viranmental Law,l�othing herein sha11 create any ob�igation on Lender far an Environmental Cleanup. N�N-U N I FURM C�VEN�4NTS. Borrower and Lender further covenan�and agre�as follo�vs: 2�. �Icceleration;Remedies.Lender shall give noti�e to Borrow�r p��or to accelerat�vn follv�ving Borr�wer's breach�f an�c�venant tir agreement in this Security Instrumertt�bu�nvt priar ta accel�ration under Section 17 unl�ss Applicable Law prvvides otherwise}. The notice shall specify: �a�the default;tb�t�e a�tion required to cure the d�fa��lt;�G}� date,not�ess than 3�days from the date the natice i�gi�en to Barrower,by w�ich the default must be cured; �nd�d}that fa�lure�v �ure the defau�t on Qr bef�re the date specified in the n�tiCe may resu�t in ac�e�eration�f the sums se�ured by this Se�urity InStrument and sale of the Propert�,The notice shall further infvrm Borrower Qf the rxght ta rein�ta#e after acc�le�'ation and the right to bring a cvurt aCti�n to asS�rt the non-ex�stence of a default or any other defense af Borrower tv acce�eration an�.sale.If the default is n�t�ured�n�r bef�r�the date specxf ed in�h�no�ice,Lender at�ts�pti�n may require immedi�t�payment in full af all s��ms sec�red by this�e�urity Instru�xent withvut further demand and may invake the pQwer of sale and any other remedies�ermitted b�Applicab��Law.Lender shall be entitled to c��ect ail expenses incurred�n pursuing the r�med�es provided in�hi��ectxon 22,inciud�ng,but n�t limited to,reasonable attvrneys' fees and costs af title e�idence. If t1�e pQVWer of sa�e�s in�oked,Trustee sha�l reeor[�a n�ti�e of def�au�t�n each�au�.ty in whi�h any part af the Property is�ocated and shall mail capies of suc��Q�i�e in the m�nner pres�ribed b� Applicabl�Law tv Bvrr�v�er and tv the other persons prescribed by Applicable Law.After the time required by Applicable Law,Trustee sha��give public notice af sale to the persans and in�he man�ner p�es�r�bed�y Applicable Lav►�.Trustee,withaut�emand�n BQrrQwer,shall sell tbe Property a�t public auct��n t�the highest bidder at the time and p�ace and under the terms designated in�he notice of sale in on�i or more parcels and in any ordex Trustee determines. Trustee ma�postpone sa�e of all or any parcel of the Pr�p�rty by public annauncement at the time and place�f any greviausly schedul�d sale.Len�ier or its designee rnay purchase the Pr��ert�at an� sale. FHA Deed of Trust W ith M E RS-N E �1341�014 Hartkers 5ystemsT�" VMP� VMP4N{NE)f�5��).dd Wolters Kluvver Fir�anciai 5�rvices Page 14 of 17 q43357U12473 4�33 31G 1417