|
2� 17��957
<br /> LflAN#:HQ'�'I 518939�
<br /> '[9. Saie of Note;Change of Loan Serrricer; l�vtice of Gr�e�ance.The Note or a partial interest
<br /> �n�he N�te��oge�her with�his S�curi#y 4nstrum�nt}can be sa�d ane or more times w�thou�priar notice
<br /> tv Borrower.R sale might resu[t in a change ir��he ent�ty�known as�he"Loan Servicer"�that c�llects
<br />. Periodic Paymen�s due under�he Note and#his 5ecuri�y�nst�ument and pe�Forms a�her mar�gage laan
<br /> servic�ng obl�gations und�r the Nate,�his 5��uri��nstrument,a�d App�icab�e Law.Th��-e aisa might be
<br /> one❑�more changes of the Loan Ser�i�er�nrelated to a sa[e of�he N��e. [f th�re is a change af the
<br /> �.oan Servicer,Bvrrower will be given w�€�en�otice vf�he change wh�ch will s�a�e the name and address
<br /> af�h�new Lvan Servicer,the address to w�ich payme��s shou�d be made and any o�her infvrmation
<br /> RESPA requires in Connectivn wi�h a no�ice of�ransfer❑�senricing.�f the Nvt�is sald and the�r�after th�
<br /> Lvan�s serviced by a Loan Senricer�ther th�n the purchaser vf�he Nate,the martgage�oan sen►icing
<br /> obiigations tv Bvrrower wi�!remain with�he Loan Servicer or be transferred�o a successor Laan Serv�cer
<br /> and are na#assumed by�he Note purchas�r unless a�herwise pro�ided by the No�e purchaser.
<br /> ��, Borrower No�Thi�d-Party Benef cian+to Cvn��a��c�f fnsuran�e.Martgag�Insurance reimburses
<br /> Lender(vr any enti�y tha#pur�hases the No�e}�vr cer�ain Iosses it may incur�f Borrower does nat repay
<br /> �he Loan as agreed.Borrower acknawledges and agr�es tha#the Bvrrower is not a third party beneficiary
<br /> #��he cvntract o�f ir�surance be�w�en the Secretary and Lender, nor is Borrower enti��ed to er�farce any
<br /> agreem�n�betw�en Lender and the Secretary,unless�xpli�itiy author��ed to da so by Appl�cahle Law.
<br /> �1. Hai�rdous 5ubs�ances.As used in�h�s Sec��on 21:��}"Hazardvus 5ubstances"are�ho�e sub-
<br /> stances defined as toxic flr ha�ard�us s�ubstances,pol�utants,❑r°►noastes by Envir�nmenta!Law and the
<br /> follvwing subs�ances:gaso��ne,k�rosene,ather flamma���vr�toxic pe��oi�um pr�ducts,�axic pesti��des
<br /> and her�ic�des,vv�atile sai�ents,��a���als c�n�ai�ing�s�estos ar f�n�al�ehyd�,and radioacti�e mate�als;
<br /> �b�"Environrr�en�ai Lav�'means federa�lav�s�nd laws r�#�he jur�sdic�ion v�►he�-e the P�-operty is ivcated tha�
<br /> refate tc health,safety or en�i�onmen��l pro��cf�on; �c}"Env€ronmenta�Cleanup"includes any respvnse
<br /> activn, �err�ediai actian, or r�mova!action, as def�ed ir�Envi�-onmenfa��aw;and �d)an"En��ronmen�al
<br /> Ganditivn"means a cvndition�ha�can cause,con#ribute to,or flther�wise�rigger an Env�ronmental Cleanup.
<br /> B�rr�wer shail n�t cause or permit th�presence,use,disposai,s�vrage,❑r re�ease of ar�y Hazardous
<br /> 5ubs�ances,or threaten�v reiease any�a���dvus Subs�ances,s�n ar in�he Prvperty.Borrower shall nvt
<br /> dv,nar alfow anyvn�else t�dv,anything a�fec�ir�g th�Praperty�a}that is in�iolation vf any En�ironmental
<br /> Law,�b}wh�ch creates an Env�ronmentaf Conai�iar�,or�c}which,due to�he pr�sence,use,vr reieas�of
<br /> a Hazardous Subs�ance,creates a condi�ion#hat adve�se�y afFec�s the value v�th�Property.The preced-
<br /> ing twv sentences shaii nvt apply to�he presence,use,��s�orag�on the P�operty af small quantities of
<br /> Hazardous Substances tha�are gene�raliy recagni�ed tv be appropria#e to namna�residentia�uses and�o
<br /> main�enan�e���he P�-vperty(inci�ding,but not iim�ted to,ha�a�dvus substances in consumer prvducts}.
<br /> Borrvw�r shall promptly give Lend�r wr�f�en nv�ice o�F�a}any�nve�tigation,�laim,demand,lawsui�
<br /> or a�her acti�n by any g��ernm�nta�vr regu�ato�y agency ar private pa�ty�n�vlving the Property and any
<br /> Hazardaus Subs�ance or En�iranmentai Law of wh�ch Bcrrvw�r has actual knowledge,�h}any EnWiron-
<br /> mental Gvndi�ion,includ3n�but nvt limi�ed�fl,any sRilfing,ieaking,dis�harge,r��eas�vr threat v�release
<br /> vf any Hazardous Subs�ance,and�c}any cvndition caused by the presence,use vr release of a Hazard-
<br /> ous 5ubstance which ad�ersely affects the value of�he Property.!f Bvrrawer iearns,❑r is nvtifed by any
<br /> gavernmental or regula�ory authori�y,❑�-ar�y pri�a�e par�y,that any remoWa�or�ther remediativn�f any
<br /> Ha�ardous Subs#ance affec#ing the Property is necessary, Barrower shall promptiy�ake all necessary
<br /> remedial actians in accordance wi�h Environmental Law. No�hing herein sha�!crea#�any�b�igat�vn vn
<br /> Lender for an Environmental Cleanup.
<br /> 22. �rvunds fa�r Acceleration o�Debt.
<br /> ' �a} Default.Lender may,excep#as�imited by regu�ativr�s issued by the S�cretary,in the case of pay-
<br /> men�de�au�ts,r�quire immedia�e payment in�u��o�a!I sums secured by�his 5ecurity Ins�rument if:
<br /> [i} Borrower defauf�s by failing ta pay in fu�l any monthfy paymen�requ�red by this Security�nstn.�-
<br /> ment prior tfl or on the due date a��he next mon�h�y payment,vr
<br /> �i�} Bor�vwer defaul�s by faiiing,for a periv�of thirty days,to perforrri any other obligat�ans cvn-
<br />� �ained in this Security lns�rument.
<br /> (h) Sa�e Without Credi�Appra�al.Lender Shall,�f perm�tted by applicab�e�aw(including Sec��on
<br /> 34'�(d}❑f the Gam-St.Germain De�ositary ins�i�u�ivns Act of'�98�, 12 U.S,G.�7�'1 j-3�d}}and with
<br /> #he privr appro�al o�the Se�re�ary, require immedi�te paymen#in full vfi al!su�ns se�ured by this
<br /> Security Instrumen�if:
<br /> (i} All ar part vf�he Property,o�a�eneficia�interes�in a tn.�st vwning a!1 ar part v�f the Prap�rty,
<br /> is sald vr otherwis�trans�eRe��o#h�r than by devis�or descent},and
<br /> �ii} Th�P�operty is n�t accupied by the pu�-chaser o�gran�ee as his or h�r pr�nc�pal�esidence,ar
<br /> th�purchase�or g�-an�ee dves so oc�cupy the P�operty but h�s ar her credi�has not been appro�ed
<br /> �n accordance wi�h�he requi�emen#s of the Secre�ary.
<br /> 4c} Nv'Wai�er.I�circumstances❑ccu€�that wauld perm€t L�nder tv require immediate paymen#in fu�l,
<br /> but Lender dves not require su�h payments,Lender does nv�vuaive i�s r�ghts with respect�o subse-
<br /> quent e�ren#s.
<br /> �d} Reguia�ians of HUD 5ecre�ary. �n many circumsta�ces regulatians issued by�he Secre�ary
<br /> wi�l iimi#Lende�-'s rights, in th�case��paym�n�defaul�s,tn r�quire immedia�e paym�n��n fuli and
<br /> fareclose�f not paid.This Securi#y Inst�-umen�does no�authorize accelera�ion or fvrecf�sure if not
<br /> perm�tted by regulations�f�he 5ecre�ary.
<br /> NESRASKA�-5ingle Family-Fannie MaelFreddie Mac IJNiFaRM INSTRUMENT Form 3��811�'# �� �
<br /> Mo�ified for FHA 912a'I4(H�D Handh�ok 4Q��.13 �n��ials: �
<br /> Ellie Mae,Ir��. Pag�9 pf�� NEEFHAI5DE �9�5
<br /> NEEDEED(CL5}
<br /> 1�1�61201 fi�7:32 AM P5T
<br />
|