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201604037
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Last modified
7/24/2017 2:22:51 PM
Creation date
6/30/2016 8:54:28 AM
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DEEDS
Inst Number
201604037
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2� 1 ��4�37 <br /> sma11 t�uantities of Hazardous Substance�that are g�nerally recogn�zed t�be appropriate to norma� <br /> residential uses and ta maintenance af the Pr�perty�including,but not lim�ted to,hazardou�subs�anees <br /> in consumer produc�s). <br /> Bor�rower shall promptly give Lender writ�en notice of�a}any in�re�tigatian,��aim�demand,lawsuit ar <br /> other action by any go��rnmental or regulatory ageney or private party in.volving the Property and any <br /> I-�azaxdous Su�bs�a.nce or Environmen�al La�v of which Borrower has actua�kno�ledge, �)any <br /> Environmental�ondit�on, inc�uding but not limited to,an��pilling, �eaking,discharge,reXease or threa� <br /> of re�ease of any I-�azard�us 5ubsta�ce,and(c)any condition caused by the presence,use or releas�of a <br /> Hazardous Substance�hiGh adversely affects the value of�he Property. If Borrower learns,or is notif ed <br /> by any go�ernmen�a.l or regulatary author�ty,or any privat�party,that any rernoval�r other remediation <br /> of any Hazaxdous Subs�nce affecting the Property is necessary�Borrower sha11 promptly take alt <br /> necessa.r�r�mediat actions in accordance wi�h Environmenta.l Law.l�Tothr�g herein shall create any <br /> obligation�n Lender for an Environmental Cleanup. <br /> N�]N-UNlF�RAI��t?VEIVANTS.Borro�r�r and Lender further covenant and agree as follows: <br /> �2. A�celeration;Remedies.Lender shall give n�tice ta�orrQwer prior ta acGeleration following <br /> Borrower's brea�h�f a�ny covenant�r agreement in this Secur�#y Inst�ument��ut nat�rior to <br /> accelerati�n under Se�tian 17 unless Appl��able Law provides otherwise�.The no�ice shall specif�: <br /> �a�the default;tb}the action required to cure th.e default;t�3 a date,x�ot less than 34 t�a�ys from the <br /> date the notiCe is gi�en to Borrovver,by which the default must be Cured; and�d}that failure to <br /> cure the defau�t on vr bef�r�the dat��pecified�n the noti�e ma�result in a�c�leration�f the sums <br /> s�Cured by this S�Curity Instrument and sale af the Prvperty.The notiGe shall further inform <br /> Borr�wer of t�e right to reinstate aft�r ac�elerat��n and the r�ght ta bring a cvurt actian to assert <br /> th�nvn-existen�e of a default or any�ther defense of Bvrrawer to acce�eration and sale.If the <br /> default is nQf�cured on or�efare the date spec��ed in the n��i�e,I�ender at i�s option may requxre <br /> �mmediate payment in full af all sums secured by this Security Instrument without further demand <br /> and may invoke the pov�er of sale and any other remedies permitted b�Applicable Law.Lender <br /> shall be entitled to cv�lect all expenses incurred in pursuing the remedies provided in this�ection. <br /> Z�,including,but not limited tv,reasonabl�attorneys'fees and costs of title eviden�e. <br /> If the pvvver vf sale is invoked,Trustee sha���reCard a n�tice af default�n each�ounty in wbich an� <br /> part vf the Property is located and shall mail capies Qf such natice in�he manner prescr�bed by <br /> App�ic�ble Lav�t�Borrar�ver an�.t�the other persons prescribed by App�icable Law.After tbe time <br /> required by Applicable I�aw�Trustee shal�gi�ve public notice of sale tv�the persans�nd in�h� <br /> manner prescribed by Applicab�e I.�aw.Trustee,withvut�emand on Bo�rrawer,shall sell the <br /> Praperty at publi�auct�fln tv the highest bidder at the t�me and piace and under the terms <br /> design�ted in the nvtice of sale ir�one ar more parcels and in any or�der Trustee determines.Trustee <br /> may postpQne sal�af a��or any parcel of the Praperty by public ann�uncement a�the time and <br /> p�a�e v�an�pre��ausly�cheduled sa�e.Lender or its designee may purchase the Prapert�at�ny <br /> 5���. <br /> FHA Deed of Trust With M ERS-N E 913QIZ�14 <br /> Bar+kers 5ystemsTN+ VMP D VMP4N�NE}(15�fi}AD <br /> Wol�ers K�t�ve�Financial Sesv3ces Page 14 afi 17 <br /> q433547644p7 ��33 5$� 1417 <br />
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