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201605398
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Last modified
7/24/2017 3:06:34 PM
Creation date
8/22/2016 8:39:33 AM
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DEEDS
Inst Number
201605398
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2� 1 ��5398 <br /> sma11 quan�ities of Hazardous Su�stances that are general�y recognized to be appropriate to normal <br /> residential uses and to maintenance of the Property(including,but not Iimited to,hazardous substances <br /> in consumer products}. <br /> Borro�ver shall pr�mptly give Lender�vritten notice of(a}any inv�stigation,c�aim, demand, lawsuit or <br /> other action by any governmental or regu�atory agency or private party invol�ing the Propert�and any <br /> Hazardous Substa.n�e or Environmental Law of�vhich Borrower has actuall�nowledge, (b}any <br /> En�ironmenta.l Conditian, includ�ng but not limited to, any spilling, leaking,discharge,rel�a�e or threat <br /> of release of any Hazardous Substance,and(c}any conditian caused by the presence,use or release of a <br /> Hazardous Su�stance�vhich adversely affects the�alue of the Property. If Barro�ver learns,or is notified <br /> by any go�ernmental or regulatory autharity,or any private party,that any remo�al or other remediation <br /> , �f any Hazardous Substa.nc�affecting the Property is necessary,Borrower shall promptly tak�al1 <br /> necessary remedial actions in acc�rdanc�with En�ironmental Law.Nothing herein shall create any <br /> obligation on Le�der for an Enviranmental��eanup. <br /> N�N-U N I F�RM C�VENANTS.Borrower and Lender further covenant and agree as follows: <br /> 2Z. Acceleration;Remedies.Lender shall give notice to Barrawer prior ta aCceleration fol�owing <br /> Bvrrower's breach of any covenant ar agreernent in this SeCurity Instrument�bu�n�t pri�r ta <br /> acce�eration under Sec�ion 17 unless Appli�able Law provides othex�ise},The notice sha115pecify: <br /> �a}the default; �b}the act�an required t��ure the default; �c}a date,nvt l�ss than 3�days fram the <br /> date the notiee is given to Barrower,by�hich the default must be Cured; anrl�d}that failure ta <br /> eure the default on�r before the date specified in the nat�ce ma�resu�t in ae�eieration of the sums <br /> secured by this Security Instrument and sale of the Praperty,The notice shall further infvrm <br /> Borrower of the right to r�instate after acceleration and the right to bring a court action to assert <br /> the non-exis�tence af a default or any v�her defense of Borrower to acceleratian and sale.If the <br /> defauit�s not�ure��n or before the date specified in�he not�ce,Len�er at�ts option may require <br /> immediate payment in full of all sums se�ured b�thi�S�curity Instrument vYithaut furth�r demand <br /> an�may�nvoke the power af sale and any other remedies permit#ed by Applicable Law.Lender <br /> shall be entitled to�o11eCt all expenses incurred in pursuing the remedies pro�ided�n this Section <br /> 2Z,including,but not limite�to,reasonable attorneys'fees�nd costs of title evidence. <br /> If the power�f sale is in�aked,Trustee shall record a notice af default in each county in which any <br /> part of th�Prvperty is�acated and shall mail�vpies of su�h nvtice in the manner pres�ribed by <br /> Appli�ab�e Law tq Bvrrower and tv the vther persons prescribed b�App��cable Law.After the time <br /> required b�Applicable Law,Trustee shall give public notice of sale to the persons�nd in the <br /> manner presCribe�d by Applicabl�Law,Trustee,without�emand on Borrower,shall seli the <br /> Pr�perty at public auction to the highest bidder at the time and place and under the terms <br /> designated in the notice af saie in one�r more par�els and in an�order Trustee determines.Trustee <br /> may pastpone sale�f all or an�parcel�f the Praperty by public announcement at the time and <br /> place of any previau��y scheduled sale,Len�er or its designee may purchase the Property at any <br /> sale. <br /> FHA❑eed of Trust With MERS-NE 9134124�4 <br /> Bankers SystemsT� VMP C� VMP4N(NE}[154fi}.�Q <br /> Wolters Kluwer Fir�ancial Services Page 14 of 17 <br /> q�33594431�3 �233 419 1417 <br />
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