2� 1 ��4�38
<br /> LqAN#: 'I fi45USF�22fif 8
<br /> ' "�9. Sa�e of�Iot�; �h�ng� af ILo�� ��r��c�r; N�a���� �f Gr�e�����.Th� No�� ar a par�ia� in��r�e��
<br /> in �he No�e �tage�h���ri�� ���� �ecuri�y l���rum�nt� can �e svld one a� m�r� �imes r�i�hou� prior n��i��
<br /> �o BQrrawe�. A�ale migh� r�sul� �n a ch�n�e in �he en�i�y �knv�vn �� �h� "L�ar� Servic�r"} �ha� �oII�G��
<br /> Perivdi� �aymen�� due und�r�h� No�� ar�d �his 5ecu�i�y �nsfrume���nd perfo�ms other rr�ort�age I��n
<br /> servicing abli�a��on� u�d��th� IVo�e, thi� �ecuri� Ins�rumen�, and I�ppl�cable La�. There���o might��
<br /> ane �r mor� change� �f�h� Loan Senficer unr�la��d �� a ��Ie �f�h� N�fie. !f�here is � �h�n�� of�h�
<br /> Lo�n� ��r�ic�r, Borro�����I�be gi�ren�ri���n n��ice af�h�char�ge�hi���rill s�a�e the n�m��nd address
<br /> of the n��r Loan 5e��c�r, #h� addr��.� �� rn�hich p���mer��s shou�d �� r�ad� and any o�h�r �nf�rm�tivn
<br /> F�I����re�u�res ir� ��r�����i�n�i�h a no��ce af fir�n��e�af serv�Gin�. Ifi�h� �lofi� ��sol� a�d���r�af����h�
<br /> Lo�n i� s�rv�c�d b� a Laan 5�rvicer��h���han �h� ��rc��ser of�h� h[o��, the m�r�g�ge laan servi�ing
<br /> oblig��i�n��o Borrov��r��l�rem��n wit�the Laan S�rvi��r�r be�r���f��red fi�a su�c�ssor L��� �e��ic�er
<br /> and are no�assumed ���he I�o�e �urch�ser unless o�h���se p�o�id�d �y�he NQ�e pur�����er.
<br /> ��. E�orror�ver Ncst 1"h�rd-P�r��3����i�i�r��a��r�tra���f Insura���.l�or�g�ge��su��n��r�irr��u��es
<br /> Le�d�r���any e��i�y�hat p�u�ch�ses�he h�ate}for c��tai� ��sses E�rnay i�cur if E3orr��v�r d�e� ���r�pa�
<br /> th� Loan �s agreed. ��rra�er�ckna�led����r�d�gr����h��th�Borra�v�r i�n�t��hird pa�b�n�fici�r�
<br /> fi� �h� con�r��t of insur�r�c� be�ee� ��e Se�r��ar� a�d Len��r, na� i� C�orra�er ��t�t��d ta e�force an�
<br /> �gre�m�r�� bet�rveen Ler�d�r�nd the �e����ar�, u�l�ss ��cp�icitly authorized to �o s� by App�icab��e La�►v.
<br /> ��. H�zardous����t�n��s.as used �r��hi��e��io���: ��}"H�z��d�us S�b���nces"����hose sub�
<br /> stan�e� de�in�� �s fia��c or haz�rdaus su���anc�s, po��u�����, �r�nras�es �� En�ir�nm�ntal L��v�nd �h�
<br /> f�ilow�r�g �ubs��nces: g�s�line, k�rasene, �t��r flarn�a��� ar�oxi� �e�rol��am pro��cts, �o�ic ����icid��
<br /> and herb�cid�s,vo[�trle sa���r�ts�, ma�erial�c�r��ai�in��sbes�os or��rmaldeh�de,�nd�ad��activ�ma�eria��;
<br /> �b}"En�ir�nmen��l Law"means�e��ral I�.�rn��an� I���of�h�jurisdic�ian�rRrhe�e�he Prope�is�ocat�d�ha�
<br /> re�ate to ������, �afe�y or en��ronme�ta� p�o��c��on; �c} "�n�r�ronmen�al Cieanup" in�lu��s an� re�pvnse
<br /> actio�, �em�d�a� ac�ian, �r remo��l a�t�on, a� d�€ined �n Envirnnm�n�a� La�; and �d� an "En�rir��m�nt�l
<br /> ��nditian"means�candi�ion that�an��use,c�r��ributeto,�r�ther�i�etrigger�n Er��ir�nmen�al�I�anup.
<br /> Bar�o��r.��all no��au�e ar��r�i��he presence, use, d�s���a�, s�orage, or rel�a��of�ny Ha��rdou�
<br /> �u�s�anc�s, �r tf�reaten�a reiease an� Hazard���Sub��anc�s, �n o�in th� Prap�r��. �arro�nr�r sha�l no�
<br /> d�, n�r a�l��u anyar�e e��e�o do,any�hir�g affecting�he Proper�y����ha�is�n violation of any Environrr�en�a�
<br /> La�, �b}��ich creart�s an Envi��n�en�af��n�i�ion, o��c}vvhich, du�to�he �re�en�ce, use; vr r�le��e of
<br /> �Ha�ardau�Su��tanc�, cre���s�c�andi�i�n�hat�dvers�ly af�e�ts�he�ralue af the Pr�p�rty.Th�pr��e�-
<br /> �n� �r� sentenc�� s��ll n�t apply�a fhe presence, use, �r s�Qr�g�on �he Property of small �uar��it«�of
<br /> H��ardous Su��t�n�es�hat are g�n�rally rec�g���e��o b�ap�rapr��t�ta narmal r�sider��ia�us��ar�d ta
<br /> rr��in����n�e of t��Prap�rfiy�inclu�in�, but n�t limit�d to, ha�ard�us subs�an��s in con�umer pr�d���s}.
<br /> �o�ra��r�ha[I �rompfily giv� ���d�r�ritf�n natice af�a} an� i�r�es�iga�i�n, cl�im, dem�nd, la��uit
<br /> �r��h�er�c�ian b�an��a�e�nm�n�al�r r��ul��ory ag�n���r�riva��pa�rty in�r�lving��e F'r����ty and�n�
<br /> H�z��daus Substance or Environm�nfi�l La�r�f�rhi�h E�or���ver h�������� kr�fl�r�edge, �b��ny Env�ran-
<br /> �������andi�i�n, includin� �u�n���irn���d��, any spillir��, I�aki�g, dischar��f re�eas�ar�hr�af af�el�as�
<br /> ���r��Ha�ardous Sub���nc�, and �c���y condi�ivn c�us�d b��he presen��, us��r re[e�s�of� H���rd-
<br /> �u��u�s�anc�which ad�ers�ly af�e��s��e v�lu�of�h� f�rap��ty. If�Q�ra�r�r i�arns, a�is no�i�ied by�n�
<br /> ����rr�n�en�ai or���ul���ry �u�Mority, or�n� priv��e par�y, �h��an� rem��al or�ther r�r���i��i�� of�n�
<br /> H���rd�us Subs�ance a�f�ee��n� �he F'���e� is n�ces��r�, ��rro�►r�r shall promp��y �ake all n�ces���
<br /> rem�di�l �c���ns fn ac�arda��� wifih En�rir�r�nnen��l L��. lNathing h�r�in �h�l� creat� a�� ab�i���ion a�n
<br /> Lend�r��r�n Env�ranm�r��al �leanup.
<br /> ��. �r����d�fvr����I�rativn of C����.
<br /> ��� []���ult.L�nd�r���, e�c�ep�as lir�i��ed b�r�gulati�ns issu�d b��he S��cret��, in th��as�of p��-
<br /> men�d�f�ul�s, requ�re immedia�e �a�m�n�in �u�l af�i�sums secured �y�his��curi� �n��rumen���:
<br /> �i} ��rra��r defaul��b��ai�ing�a p�y in full any rr��r��hl�pa�m�n�r�q�ired by�f�i���cur��y�n��ru-
<br /> ��n��r��r to or�n�he due date���h� n�xt mon��ly ���me��, or
<br /> �ii} Bor�ow�r d�faui�� b�f��[ing, for� p�eriod o��h�r��days, to perf�rm any o�her ab�liga�ion�can-
<br /> ���n�d in �his 5����i� �nstrum�n�.
<br /> �Ib� ��I��ithflut Cr��it A�praval. L�r��er shall, if�errni���d �y appli�a�le law �inc��di�g ��c�i�r�
<br /> 34'I�d} �f the �ar�-S�. Germ��� Dep�����r� �nstitu�ions�c�of'����, �� �l,S.�. 'I�a�!j-3��}} �nd vuith
<br /> �h� prior appro�ra� flf t�e Secre�ary, requ�re �mmedia�e p�ymen� in fu�� �f a�l sums secure� by �h��
<br /> Sec�ri� Ir�s�rument if:
<br /> �i} �II �r part af�h� f�r�per�r, or� be�ef�cial in��r����n a�rust o�nin� all or part of the Prop��y,
<br /> is so�� �r othenivis�t��nsferred ���h�r than by d�►����ar�escent}, and
<br /> �ii} The Property��n�t occupied ���h��ur���s�r or g�a��ee��his�r h��principal r�siden��, or
<br /> ��e purchaser ar grantee d��s s��ccup���e Prop�rty but his a�her�redit h��r�o�lo��n appr�ved
<br /> �n �cc�r�anc��1���he requirem�en�s o�F�he S�cr����.
<br /> �c� h��'�V�iver.If c�rcums�anc�s accur�ha�v�r�uld �erm�fi L�nder�o��e�ui�e imm�dia��payment in f�i�,
<br /> bu� L�nde�daes no�require suc� p����er���; Lender d��s no�u����� ��s rig����ri�� r�s�e�t fia�ub��-
<br /> q��er���ven�s.
<br /> �c�� F��g�i�tic��s nf H�J[� Secr��ar�+. �n many cir�ums�ances �e�ula�ians issu�d by t�e �e�r���r�
<br /> ���I l�mi� L�nde�'s right�, in the c��e o�paym�n�d�f��lts, �a require immedia�e paym�n� in fu�� �nd
<br /> fo�e�fose if not pa�d. This �ecuri� 1ns�rumen� d��� n�t auth��ize �cc�l�rati�n or far�cl�sur� if�ot
<br /> p��m���ed by r�gulafifons o�th� 5�cr��a�.
<br /> NE�1F�,��C�—�ingle Family—F�nnie II�aelFreddi��la�uIVf�DRI�lNSTRIJ�Ehf'T �orm 3��8�1D� ��.� �� r
<br /> Ma�ified for FH�4 9�2Q1�€HUD Handbaok���Q.1� I11lt171S:
<br /> E1[ie Mae, Inc. Page 9 of�� NEEFHA�5DE ��'1�
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