201200550
<br /> in�tie Pro�erty aud rights Liuder this Security Instrmnant; and(d) talces such action as Lendar may
<br /> re�sonably requira lA�seure lliat Le��der's inCerest in the ProperCq and�ti�;htv under this Seourity Instrumcnt,
<br /> zwd Borrower's obligaEion to pay the s'ums sccure$Uy tlus Security InacrLUnent, shall contiinua unchuiged.
<br /> Lender n�ay rcG'uire tl�at Borrower pey euoh reinstatemcnt aums auci axpenaes iu one or more of the iollowing
<br /> tortns, as aelected by Lender: (a) caelx; (b)inoneq order; (c) certified checic, bank check, treastu'cr's check or
<br /> cashier's check, provideQ�ny such dicalc is drawn upon an ins6htfion whoso deposits are insured by a
<br /> federal.agency, inetrumentelity or enlily; or(cl)Iileetronic Funcls Transfer. Upoii rci�istatemenC by Borrower,
<br /> this Seourity h�sh�umenC and obligntions seoured hereby shall remaui fully eff�otive as if no acceleration had
<br /> oceurred, Howcvcr, this right to reiastate shnll nof�pply in tl�e case oF aoaelerauon under Section 18,
<br /> 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. TheNote or lpartial interest in the
<br /> Note(together wiCh thie S<:ctiirity lnstrwnent)caal be sold one or inoro tiines�viflxout prior notiee to
<br /> Rorrower. A sale might result in a cl�ango in the entity (known as the 'Zoan Sevvicer") that eolleots Pariodic
<br /> Payments due nuder the Note nnd this Seciirilq In�tr�u�naut avd perfonns other mortgage]osu� �ervicing
<br /> obligations tmder tl�e Note, fliis Sectuity Hxstrwnent, and A�F�licable Law. Therg alao might be one or morc
<br /> ohanges of the Lot�n Servicer tmrclaYcci to a sale of the Note. If thera is a chango of the I oan Servicer,
<br /> 13�n•ower wil]be given written notioe of�ha changc which will stata Uie nnme and address of tlle new Loan
<br /> Serviccr, the address to which pa�yments should be n�ade and airy other infbrmaYion RBSPA rec�tires�n
<br /> conneotion with a notice of transfar of servicing. If the Notc is so7d a�id thereatter fhe Loan is serviced l�y a
<br /> Loan Servicer other than tho purchaser of the Note, the mortgage lortn scrvicing oUligations to Barrower will
<br /> remain with the Lo2n Seivicer or Uc hansfetred to a suocessor Loan Servicer�nd are not Assumed by the
<br /> Note pmohaser unless othexwise pinvided by the Note pmchaser.
<br /> Neither Borirower nor Lender may coniincncc, joui, or be joined to any juclicial flckion(as eithee an
<br /> indivtduallitigant or the inember nf t�clnss) fliat ariecs fi mn tlie other party'a actiona pureuenf to il�ia
<br /> Se,cuvily Inatrument or tl�at alleges 11iat Uie other p�rty has breaclied any provision of, or any duty owed by
<br /> reason of, this Security Instrument, until euch Borrower or Lender has notiffed tha othor patty(with suoh
<br /> nofice giveis in compliance with the requiraments of Sectioa 15) of such alleged breach and 2ffordcd the
<br /> oCher party hc�•eto a reasovzble period aftec the giving oPsuch noEice to take correetive eetion. If A�licable
<br /> � Law provides a frme period which must elapse before certain acCion can bc Ya1cen, that time period will be
<br /> deemed to be reasonaUlc fbr pur pnses of this paragrai>h. The notice oP ncceleraCion and opporhuiity to cure
<br /> givon to T3orrower pursuant to Section 22 end the nofice oF accele��ltion given ta Borrowe�•pursuant [o
<br /> Seceion 18 eUall be deemed to sakisfy the notice and opporhmity to take correckive actiou provisions of this
<br /> Section 20.
<br /> 27. Hazardous SubsYances. As useci in tl�is Section 21: (a) °Hazardous Sxefist¢nces" are those substvices
<br /> detined as tuxic or hnaardous subsk�nces, pollutants, or wastes Uy�nviromnental Law snd the followitt�
<br /> subskmocs: gasoline, kerosene, oYher fl�uunable ar tmcic pelroleum products, ioxic pesticidas nnd hexbicides,
<br /> vol�tile solvents, n�at'crials cont�iunig�tebestos or formaldehyde, t�tid rnclioaclivo inateria1s; (b)
<br /> "Environmental Law" mea�is federa7 laws and lawe of the ji�risdiction where the Propeity is lacated that
<br /> relata to health, sefeYy or eeiviromnent�nl prokecCion; (c) "F.nvirronmental Cle�nerp�"inclndes any response
<br /> acCiou, re�nedial action, or reniovEtl nction, as defined in�nvironmental Law; a�id(d) nn "Errolronmc�ztacl
<br /> Cnnditton"me�ns tt conditiou that cau cause, contribute to, or otherwise higger an Enviromneutal Cleanup.
<br /> Borrower shall noti cause or permit Uie pr�sence, use, ciispoeal, storage, or releasa of any Tiaz2rdous
<br /> SnbsCancea, �r thrcaton to release any Haza��dous Substnnces, on or in the Property. 13orrower shnll not dq
<br /> nor allow auyone else[o do, atiylliiiig affeating the Pi�opertiy(a) tlxak is in violntion oP any Environmental
<br /> L�w, (U) whicl�creafes an Environmental Conciition, or (cJ�vl�ich, due T�o the presence, use; or release of a
<br /> II2zerclous S'ul�efance, creaCes a condifion that adversely nffecfs the value of tho Yrol�erty, The preceding two
<br /> 2A000083
<br /> NGORR51(A-SingleFomlly-FennleMaelFretldleMecUNIFORM MSTRUMENI' Form30201101
<br /> VMF(�7 VMP6(NE)(1106)
<br /> Waltera I(luwer Flnanaial S�rvloes Page 13 of 1�
<br />
|