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201608797
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Last modified
7/28/2017 1:20:23 PM
Creation date
12/29/2016 9:04:55 AM
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DEEDS
Inst Number
201608797
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2� 1 ��8797 <br /> � <br /> There alsa might be one or rnore changes of the Laan Servicer unrelated�o a sale of the No�e. If there <br /> is a change of�he L�an Ser�icer,Borrower v�ill be g�ven writ�en notic��f the change vvhich will state <br /> the name and address�f the new Loan Ser�icer,the address t�which pa�ments shauld b�made and <br /> any a�her informa�ion RESPA requires in conr�ection with a natice�f�ransf�r af servicing. If�he Note <br /> �s sold and thereafter the Loan is ser�iced��r a L�ari Servicer other�han the purchaser of the No�e,th� <br /> mor�gage Ioan ser�icing obligati�ns to Barrower will remain with�he L�an Servicer or be transferred <br /> to a suc�essor L�an Ser�icer and are nvt assumed by the N��e pur�haser untess other�ise provided b� <br /> the No�e purchaser. <br /> Neither Borrower nor Lender may cornmence,join,or be jained to any judicial action�as ei�her a.n <br /> individual I�tigant or the member of a'class��hat arises from the ather party's actions pursuant�o this <br /> Security Ins�rumen�or that alleges that the other party has breached any prvvision of, or any duty <br /> owed by reason of,this 5ecurity Instrumen�,until such Borro�er or Lender has notified the�ther <br /> par�y�with such notice�iven in camplianc�with the requirements of Secti�n I4�of such alleged <br /> breach and aff�rded the ather par�y here�o a reasonable period after the gi�ing of such notice ta take <br /> carrecti�e action. If Applicable Law pro�ides a time period�vhich must eiapse befare cer�ain action <br /> can be taken,tha�time period w�11 be deemed to be reasonabl�for purposes of this paragraph. The <br /> notice of accelerati�n and opportunity ta cure gi�en to Borr�vver pursuant to Section�2 and that notice <br /> of acceleration give�to B�rrower pursuant to Section 17 shall be deemed�a satisfy the notice and <br /> opp�rtunity to�ake correcti�e action pr��isions of this Section 19. <br /> 2�. Sorrower Not Third-Party Benefic�ary to ��ntract af Insurance. M�r�gage Insurance . <br /> reim�urses Lend�r�or any entity that purchases the'Nate}for certain losses it may incur if Borrvvwer <br /> does not repay the Loan as agreed. Borrovwer acknowledges and agrees tha�the Borro�er is na�a <br /> � �hird party Ueneficiary ta the contract of insurance be��een the Secretar�and Lender,nor is B orrawer <br /> er�ti�led to enforce any agreement between Lender and the Secre�ary,unless explicitly authorized ta do <br /> so by Applicable Law. <br /> 2'I. Haiardaus Substan�es. As used in this Se�tion 21: (a� "�azard�us►�ubsta�ces"are <br /> those subs�ances defined as�oxic or hazardous su�stances,pollutants,�r v�astes by Environmental <br /> La�nr and�he fallawing substan.ces: gasaiine,kerosene,other flammable or toxic^petraleum <br /> produc�s,toxic pestic�des and herbicides,volati�e�s ol�ents,ma�erials containing asbestos ar <br /> formaldehyde, and radioacti�e materials;�b) "E��ironm�ntal Law"means federa��av�s and 1avWs of <br /> the jurisdiction v�here the Property is Iacated tha�r�late�a health, safety or en�ironmental protection; <br /> (c} "�nvironmen�al C'leanup"includes any respons�action,remedial action, ar removal action, as <br /> def ned in Enviranmental Law; and�d�an "�nvironmental�'�ndition"means a conditian that can <br /> cause, contribute to, or otherwise trigger.an Enviranrnental�leanup. <br /> Borrower sha�I not cause or permit the presence, use, disposal,storage,ar release of any Hazardaus <br /> Subs�ances, ar threaten�o release any Hazaxdous Substances, on�r in the Property.Borrower shail <br /> nat d�,nor allow any�ne else t�do, anything affecting the Proper�y�a}that is in violation of any <br /> Envir�nmental La�r, �b�which creates an Environrnental Condi�ion, or�c�which,due to the presence, <br /> use, or release of a Hazardous Substance,creat�s a�onditi�n that adversely affects�h��ralue af the <br /> Propert�. The preceding two sentences shall not apply to�he presence,use, or storage an the Proper�y <br /> � of sma1�quantities af Hazardous 5ubstances that are generaily recognized to be appropriate to normal <br /> HCFG-ao7o3 ' 24D88255���'[� <br /> FHA Deed af Trust-N E 9����p�4 <br /> Bankers SystemsTM VMP� 11115 <br /> Wafters Kluwer Financia!Services 20'f6�21915.3.2.3509-J201B07�1Y Page 13 af 1fi <br /> � i � <br />
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