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201205884
<br />in the Property and rights under this Security Instrument; and (d) takes such action as Londer may
<br />reasonably require to assure that Lender's interest in the Property and rights under this Security Instiument,
<br />and Borrower's obligation to pay [he suits secured by this Security Instrument, shall continue unchanged.
<br />Lender may require that Borrower pay such reinstatement sums and expenses it) one or more of the following
<br />forms, as selected by Lender: (it) cash; (b) money order; (c) certified check, bank check, treasurer's check or
<br />cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a
<br />federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower,
<br />this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had
<br />occurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18.
<br />20. Sale of Note� Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the
<br />Note (together with this Security Instrument) can be sold one or more times without prior notice to
<br />Borrower. A sale might result in it change in the entity (known as the "Loan Servicer") that collects Periodic
<br />Payments due under the Note and this Security Instrument and performs other mortgage loan servicing
<br />obligations under (lie Note, this Security Instrument, and Applicable Law. There also might be one or more
<br />changes of the Loan ServiQer unrelated to a sale of the Note. 11 there is a change of the Loan Servicvr,
<br />Borrower will be given written notice of the change which will state the name and address of the new Loan
<br />Servicer, the address to which payments should be made and any other information RESPA requires in
<br />connection with a notice of trimider of servicing. If (lie Note is sold and thereafter the Loan is serviced by a
<br />Loan Servicer other than (he purchaser of the Note, the mortgage loan servicing ob] igations to Borrower will
<br />remain with [he Loan Servicer or be transferred to it successor Loan Servicer and are not assumed by the
<br />Note, purchaser unless otherwise provided by the Note purchaser,
<br />Neither Borrowei nor Under may conunence, join, or be joined to any.iodicial action (as either an
<br />individual litigant or the member of it class) that arises From the other party's actions pursuant to (his
<br />Security Inst I rument or that alleges that the other Pat ty has breached any provision of, or any duty owed by
<br />reason of, this Security Instrument, until such Borrower or Lender hits notified the other party (with such
<br />notice given in compliance with the requirements of Section 15) of such alleged breach arid afforded the
<br />other party hereto a reasonable period after the giving of such notice to take corrective action, If Applicable
<br />Law provides a time period which must elapse before certain action can be taken, that time period will be
<br />deemed to be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to core
<br />given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to
<br />Section 18 shall be deemed to satisfy the notice and opportunity to take corrective action provisions of this
<br />Section 20,
<br />21, Hazardous Substances. As used in this Section 21: (a) VaZardous Substances " are those substances
<br />defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following
<br />substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides,
<br />volatilc solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b)
<br />"Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br />relate to health, safety or environmental protection; (c) "Environmental Cleanup " includes any response
<br />action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental
<br />Condition" means a condition that can cause, contribute to, or otherwise trigger an Frivironmental Cleanup.
<br />Borrower shall not clause or permit the presence, use, disposal, storage, or release of any Hazardous
<br />Substances, or threaten to release any Hazardous Substances, on or in (lie Property, Borrower shall not do,
<br />nor allow anyone else to do, anything affocting the Property (,it) that is fit violation of any Envirtauncrual
<br />Law, (b) which creates an Environmental Condition, or (o) which, due to the presence, use, or release of a
<br />Hazardous Substance., cren,cs a condition that adversely affects the value of (he Property. The preceding two
<br />240C1453
<br />NFR RAS I Mre/Fredde M.� UN I FORM INS I RUM FIN I F�r� 3028 V01
<br />VMP qq VIMPO(W) (1106)
<br />Wolters Kluwer Flilellcl�ll Sor�inv.s P.. IR f I /
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