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201605212
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Last modified
7/24/2017 3:00:37 PM
Creation date
8/12/2016 8:50:25 AM
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DEEDS
Inst Number
201605212
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2� 1 ��5212 <br /> sma11 quantities af Hazardous Substances that a�re generally recogniz�d to b�appropriate to normal <br /> residential uses and to maintenance of the Property(including,but not��mi��d to,ha�ardous substances <br /> in consurner products}. <br /> Borrower sha��promptly give L,ender vvri�en not�ce of(a}any investigation,clain�,demand,lawsuit or <br /> other action b�any gov�rnmental or regulatory ag�n��or private party involving the Propert�r and any <br /> Hazardous Substan.ce or�nviranmental Law af vvhich Borrawer has actuall�.nowledg�, (b}an� <br /> En�ironmental Condition, including but not limited ta,any spilling, �eaking,dischaxge,relea�e or threat <br /> af re�ease of any Hazardous Substan�e,and�c)any condition caused by�he presence,use ar release of a <br /> Hazardous Subs�nce�vhich adverse�y aff�Gts the�a1ue of the Property. If Borrower iearns,or is notified <br /> by any go�ernmenta.l or r�gu�a�ary au�hority,or any private party,th�.t any removal or other remediation <br /> of any I�a2ardous Substa.nce affecting the Property is nec�ssary,Borrower shal�pr�mptly take all <br /> necessary remedial actions in accordance�vith Envuon.men�al Law.Nothing l�er��n shall Greate any <br /> obligatian on Lender for an Environmental�leanup. <br /> �I�IV-U�iF�3Rl�I�t}VE�QNTS.Borro�er and Lender further covenant and agree as fol�ows: <br /> ��. Accelerativn;Remedi�s.I�end�r shall gi�e natice to�orrower prior�o acCelerati�n following <br /> Bvrrower's breach of any co�enant or agreement in this Security Instrument�but nvt prior to <br /> acceleration under Sectifln 17 unles5 App�icabie Law provides otherwise}.The n�tic�shall specify: <br /> �a}the default; �b}the action requir�d t�cure the default; �c}a date,not less than 3U days fram the <br /> date t�e n�ti�e is given ta Borrower,by which the de�au��must be�ured; and���that faf�ur�to <br /> �ure the default on�r before the date specifie�d in the nti��ce may result in acceleratio�of the sums <br /> se�ured by this Security Instrument and sale Qf the Praperty.The notiGe shall further infarm <br /> B�rrower of�he r�ght to reinstate after acceY�ration and the right to bring a court acti�n to assert <br /> the nQn�existence af a default or any other defense af Borrower tv ac�eleration and sale.If the <br /> default is not cured on or before the date spe�ified in the notice,Lender at its�ption may require <br /> immediate payment in fuil�f a�l sums s�cured by this Security Instr�umen�without further demand <br /> and may in�oke the pawer af sale and an�other remedies permitt��i by Ap�licable Law.Len�er <br /> shal�be entitled t�collect all expen�es incurred in pursuing the remedies pr��ided in this Section <br /> 22,including,but n�t limited to, reasonable attorneys'fees and��sts of title e�idence. <br /> If the power of sale is invoked,Trustee shal�re�ord a natice of defau��t in each county in v�hich any <br /> part of the Property is l�cate�and shall mai�cvpies of such no�ice in the manner prescribed by <br /> Appli�able Law to�vrrovver and ta the��her persvns prescribed by Applicable Law,After the time <br /> required by Appli�able Law,Tru�tee shal�giv�publi�notice of sale t�the persvns and in the <br /> manner prescribed by App�i�able Law.Trustee,vYithaut demand on Barrower,shall sell the <br /> Praperty at public au�tion to the highest bidder a�the time�nd place and under�he terms <br /> �e��gnated in the n�tice of sa�e in�ne�r more parcels and�n an�arder Tr�ustee de�ermines.Trustee <br /> may pos�p�ne sa�e�f all vr any parcel af the Property by public annvuncement at the time and <br /> plaGe of any previausly schedu�ed sale.Lender�r its designee may pur��ase the Frvperty at any <br /> sale. <br /> FHA Deed of Trust With MERS-NE 9/34/2414 <br /> Bankers SystemsTN+ VMP� VMP4N[NE}(154fi}A4 <br /> Wvlters Kluwer Financiai Servi�es Page 14 of 17 <br /> qt33359�79684 ��33 353 �.4I7 <br />
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