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<br /> in the Property and rights under this Security InstrumenT, and(d)takes such acrion as Lender may
<br /> xeasonably require to assure that Lender's interest ln the Pxoperty and rights under this Security Instntment,
<br /> and Borrower's obligation to pay the sums secured by this 5ecurity Instrument; shall continue unchanged.
<br /> Lender may require rhat Borrower pay such reinstatement sutns and �penses in one or more of the following
<br /> forms, as selected by Lender, (a) cash; (b)money ardar; (c) certified check, bank check, h-easurer's check ox
<br /> casluer`s check, provided any such check is drawn upon an instiiution whpse deposits aze insured by a
<br /> federal agcncy, instrumentality or entity; ar (d) Electroni�Funds Transfer. lipon xelnstatement by Boxrower,
<br /> this Security Instnwient and oUligations secured hexeby shall retnain fully effecrive as if no acceleration had
<br /> occurred. However, this right to reinstate shaIl not apply in the case of accelera4ion under Seotion 18.
<br /> 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a parcial irnerest in the
<br /> Note(together with t}iis Secutity Instrument� can 6c sold one or more times without priox notice to
<br /> Borrower. A sale might xesntt in a change in tlie entiry(known as the ^Loan Servicer")that collects Periodic
<br /> Payments due uuder the Note and this Security Inshument aad perfonns othcr mortgage loan servicing
<br /> obligarions under the Note, this Security Instrwnent, and Applicable Law. There also inight be one or more
<br /> changes of the Loan Servicer unrelated to a sale of the Note. lf there is a change of the Loan Servicer,
<br /> Borrower wIll be given wrirten norice of the change which w-ill state the n�ne and aciciress of the new Loan
<br /> Servicer, fhe address to which payments should be macle and any othzr inf'ormation RESPA requires in
<br /> connection with a notice of transfer of servicing. If the Iv'ote is sold and[hereafter tlie Loan is serviced bg a
<br /> Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will
<br /> remain a2th the Loan Servicer or be transferred to a successor Loau Servicer and are not assumed by the
<br /> Note purchaser unless otherarise�ovided by the Notz purehaser.
<br /> Neither Borrower nor Lender may commence,jain, or be joined to any judicial action(as either an
<br /> individual litigant or the memUer of a class)that arises from the other parry's achions pursuarn m this
<br /> Security Instswnent or that alleges that the other party has breached any pro��ision o� or any duty owed by
<br /> reason of, Yhis Security Instrument, uutil suck BOrrower or Lender has notified the othex pazty(with such
<br /> notice given in compliance with the requirements of Section 15j of such alleged breach and affordcd the
<br /> other party hereto a rea.sonable period after tha giving of such notice to take corrective action. If Applicable
<br /> Law provides a�vne period wluch must elagse befora certain action.^,an be taken, that time period will Ue
<br /> dec,-med ia be reasonable fot purposes of this para�aph. The notice of accelerarion and opportunity to cure
<br /> given to Bottower putsuant to Section 22 anfl tfie notice of acceleration given to Borrower puzsu�t to
<br /> Seetion T8 sha11 be deeined to satisfy the notice and opportunity to take correetive action prwisions of this
<br /> Section 20.
<br /> 21. Hazardous Substanees. As used in this Sectlon 21: (a) "Hazardous Subsfanees"are those suUsfances
<br /> dei�ined as toxic or huazdous substances, golluturts, or wastes Uy En�rironuieutal Law and the followuig
<br /> substances: gasoline, kerosene, other flasnmable or toxic petroleum products, Co�c pcsticides and herbicides,
<br /> volatile solvents, material_s containing asbestos or fonnaldchyde, and radioactive materials; (b)
<br /> "Environmerzzal Law"means federai laws and laws of the jurisdiction where Lhe Properiy is located fha.t
<br /> rela#e to health; safetv or enviroamental proiee6on; (c) "Environmental C£eanup" ineludes any response
<br /> action, remedial action, or removal action, as defiped in Envirovmental Law; and(d) an `Environmental
<br /> Condaaton"meaas a condition that can cause, contribute to, or oflierwise trigger an Environmental Cle<�up.
<br /> Borrower shall not cause ar permit the presence, use, disposal, stoxage, os release of any Hazardous
<br /> Substances, or t�v eaten to release any Iiazardous Substanc;es, on or in the Propexty. Borrower Sh311 aot do,
<br /> aor allow anyone else to do, anything affecting Che ProperCy(a)that is in violation of auy Environmental
<br /> T.aw, (b)which creates an Environmental Condition, or(c)which, due to the presence, use, or releasa of a
<br /> Hazazdous Substance, crea#es a condirion that adversely affects thc value of the ProperLy. The preceding two
<br /> 240024!0
<br /> NE5Ft4S W1-Single Family-Fannie bl ae'Fredtlie 11 ac 0 NIFORfd INSTRIIM ENT Form 3428 1/�t
<br /> VMP Q VM P6(N7(1�05)
<br /> 'Volters Kluwer Financial Services Page 13 of 9]
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