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201700205
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Last modified
7/28/2017 1:31:07 PM
Creation date
1/10/2017 11:13:02 AM
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DEEDS
Inst Number
201700205
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2� 17��2�5 <br /> �I 9. Sa�s of Note; �ha�ge of Loan Serv�cer;Notic�vf Grievanc�.The N�te ar a partia�int�rest in the <br /> �ote�tagether�i�h thrs Security�nstrument}can be so��one ar more times without priar notice to <br /> $orrov�er.A sale xni�ht result in a ch�nge i�a the�ntitiy�known as the"Laan Serv�cer"}that co�lects <br /> Periodic Pa�ments due under the Note�.nt�this Security Instrument and performs oth�r mortgag�laar� <br /> serv��i�g o�ligativns under the Note,this Security�nstrument,and Applicable Law. There a�sa might be <br /> one or more chang�s of the Loan Servi�er unrelated to a saie of the Not�. If there is a change�f the Loan <br /> Serv�cer,Barrower�vitl'be gi�en w�ri�ten notice of the change whieh w�I1 stat�the name and address of <br /> iche new Loan 5�rvic er,the addr��s�o which payments sh�u�d be made and any ather infortr�ation RE SPA <br /> re�uire5 in connection t�vith a notice of�ransfer of servicing. �f the Note Ys�old and thereafter�he Laan is <br /> serviced by a Loan Servicer o�her than the purGhaser of the Not�,the mortga,ge loan s�rvicing o�b�igatians <br /> to B�rrower will remain with the Loan�ervicer or be transferred to a successor Loan Servi�er and are <br /> n�t assumed by the Note purchas�r un�ess otherwis��rovided by the Not�purchas�r. <br /> Nei�her Borrower nor Lender may eommence,jain,or be jvined t�a�y judicial act�on�as�ither an <br /> individual litigant or the mennb�r of a�Iass�tha�.arises frorn the other party`s actions pursuant to this <br /> �ecurity Instrurnent or that aileges th��t th�other part�has breached any pro�i�ion of,or any duty�v�ed <br /> by reason af,this Secur�ty�nstrurnent,unti�such Borrov��r or Lender has not�f�ed��he other party�with <br /> such noti�e given�n comp�ianc��vi�.�i t��requ��en��nts af Section 14}of such alleged breach a�d afforded <br /> th�other�arty�ier�to a reasonable�e�ifld af�e�the giving of such n�ti�e t�take corrective action.�f <br /> App�icabie Law pro�ides�time�eri�d�uhich m��t etapse before certain ac�ion ean be�taken,�hat t�me <br /> peri�d�i�I be deemecl t�be r�asonable far purposes of this Section,The n��ic�of acceleratian and <br /> �pportunit�to�ure g�v�fl to$orrovver pursuax�t to Seetian�2 and the notice of acce�eration gi�en to <br /> Borrow�r�ursuant to Section 1�s�aall be deemed to sati�fy the n�tice and opportuni�r to take carrecti�� <br /> action pro�isions�f this Section�9, <br /> ��. BorrawerlVat Th�rd�-Pa�tyBeneficiarytv ��ntract Qf lnsurance.Mortgage Insurance reimburse� <br /> Lender(or any entity that purchases the Note}for certain iosses i�rrzay�ncur if�orr��ter does�ot r�pay <br /> the Laan as agreed. Barrawer acknowledges and agrees that the Barraw�r is nat a third party bene�'�ciary <br /> to the contract of ir�suranc�bet�v�en the Seeretary an�L�nder,nor is B�rraw�r entit�ed to e�force any <br /> agreement be�ween Lender and the Secretary,unless exp�ici�ly auth�ri�ed t�da sa by App�icable La�. <br /> a1. HazardausSui�stances.As u�ed in this Seetion�1; (a}"Hazardous �ubstances"are thase subs�ances <br /> defined as t�xi�or ha2ardaus substances,pollutants,or wastes�y En�ironmenta�Law and the followin� <br /> substances: gasaiine,kerasen�,other flammable or taxic petro�eum pradu�ts,t�xic pestici�es and <br /> h�rbicides,valatile so�vents,materiais containing asb�stos or�ormaldehyde,and radioacti�e materials; <br /> (b}"En�ironmenta�Law"m�ans federal la�v5 and laws of the juris�iction�rhere the�r�perty is�o�ated <br /> tha�relate ta health,safety or en�ironmen�a�protection; ���"En�rironmental C�eanup"inc�u�e�any <br /> r�spanse aetion,remedia�a�tian,or remo�a�act�on,as d�fined in En�ironmental Law;and(d}an <br /> "Envrronmental�ondition"means a cond�tion that can cause,cantribute to,�r otherwise trigger an <br /> En�ironmenta��leanup. <br /> Borrower shal�not cause or permit t�e presence,u�e,disp�s�l,storage,ar release of any Hazardous <br /> 5ubstar�ces,ar�hreate�to r���ase any Ha�ard�us 5u�bstar�ces,on or in the Proper�y. Borro�ver sha11 not <br /> do,nor a�1Q�v anya�e else ta da,anything aff�ct�ng th�e prop�rty�a�ti�at is�n vio�ati�n of any <br /> Enviror�menta�La�v,���whxch creates a�Er��irvnmental�ondi�ion,or�c}tivhich,due to the presence, <br /> use,or r�i�as�of a I�a�ardous Substance,��eates a candition tha�ad�ersely affects the v�.lue of the <br /> Property.The preced��g two sen�enc�s shail not apply to�he presence,use,or storage on the Praperty af <br /> FHA De�d af Trust Wtth MERS�+tE 913412d14 <br /> Bankers SystemS�+� VMP� VMP4N(h1E)(1546}.04 <br /> Wolters Kluwer Ftr�a�c�al Se�v�ces Page 13 of�T <br /> q �6� �3�v �3 3 6 1317 � <br />
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