201208789
<br /> in the Properry and rights under this Secw-ity Instrument; and(d) takes such action as Lender may
<br /> reasonably require to assure that I,ender's interest in.the Property and rights under this Security Instrument,
<br /> and Borrower', oblieation to pay the sums secured by this Security instrumenL, shall continue unchanged.
<br /> Lendex may require that Borrower pay such reinstatement sums and expcnses in one or more of the following
<br /> forxus, as selectzd by Lender: (a) ca�h; (b)money order; (e)ecrtified check, 'o�mk clieck, treasurer's check or
<br /> cashier s check, nrovideei any suc$check is drawn upon an institution whose deposits are insnred'by a
<br /> fcderal agency, instnunexitality nr entity; or(d) Elecftonic Funds Transf�. I3pon reinstatement by Borrower,
<br /> this Seeurity Instrument and obligaflons secured hereby shall reinain fiilly effecrive as if uo aecelexation had
<br /> occurred Ho�vever, this right to reinstate shall not apply in the case of accelerafion under Section 1S.
<br /> 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a parriai interest in the
<br /> Note(toge2her with this Security Instrument) can be sold one ar ivare times withouC yrior notice to
<br /> Bocrower_ A sale might result in a change in the entity(known as the "Loan Seivieer")that collects Periodic
<br /> Payments due under the Note aud this Seciu�iiy Ins4rmnenk and performs other mortgage loan servicing
<br /> obligations under the Note, ihis Security Instrument, and Applicable Law. There also might be one or moxe
<br /> chaig�of the Loan Sezvicer unrelated to a saic of the Noie. i€there is a change o£the.T..oan Servieer,
<br /> $orrowe*�will be given wxitten notice of the change which«i11 state the name and addiess af the new Loaa
<br /> Servicer, the address fo�vhich payments should Ue made and any other infonnation RESPA requires in
<br /> connection with a notice of fransfer of servicing. If the Note is sold and thereafter the Loan is serviced by a
<br /> Loan Sexvicer other than the purchaser of the Note, the mortgage loan servicing obligaYions to Barrower will
<br /> remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed by the
<br /> Note purchaser unless otherwise provided Uy the Note purchaser_
<br /> Neither Bonower nor Lender may commence,join, or be joined to any judicial acrion(as either an
<br /> individuai litigant or the member of a class) that arises from the othcr party's actions pursuant to fliis
<br /> Security Instrament or that alleges that the other party has breacked an5�provision o� or any duty owed by
<br /> reason of, this Seeurity Instrumen2, unhl such Borrower or Lender has notified the otha party(with such
<br /> notice givcn in compliance with the requireinenYs of Section IS) of such alleged breach and afforded Yhe
<br /> othe�party heteW a xeasona6le per3od after flie gi�zng o£such notice to take eoirective action. if Applicabla
<br /> Law provides a time period which must elapse before certain action can be taken, that time petiod will be
<br /> deemed to be reasonablc for pnrposes of this pazagraph �lhe notice of acceleration and opyortunity to cure
<br /> g3ven to Borrowex pursuant to Section 22 and the notice of acceleration avcn to Borrower pursuutC to
<br /> Secfion 18 shall be deemcd to satisfy the notice and opportunity to take coirective action provisions of this
<br /> Section 20.
<br /> 27. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances"are those substances
<br /> defined as to�cic or hazardous substanoes, pollutanYs, or wastcs by Enviroiunenfal Z,a1�aud fl1e following
<br /> substances: gasoline, kerosene, other flammable or toxic pekroleum products, toxic pesricides and herUicides,
<br /> volatile solvents, mateiials contaiving�,sbestos or Fonnaldehyde, anrl radioactive materials; (b)
<br /> "Environmental Lc�w`means Pederal laws and laws of the jiaisdicuon where the Proper'ry is located that
<br /> relatc to health, safety or envi.ronmental protec;tion; (c) "Environmental Cleunup"includes any response
<br /> action, remedial action, or removal action, as defined in Environmental Law; and(d) an "Environmental
<br /> CofuliTton"means a condition ttiat eau cause, contribute tp, or oTherwise 1riga�er an Enviro�nental Cleanup. �
<br /> Borrower shall not cause or pemut the presence, Lusc, disposal, storage, or release of any Hazardous
<br /> Substances; or Uueaten to release any Hazardous Substances, on or in the Properrir. Borrower shall not do,
<br /> nor al[ow anyone else to do, anyfliing affzcting the Properry(a)that is in violaCior.of any En�rironrnental
<br /> Law, (b)which creates an Enviroiunental Condition, ar(c)FvhicFi, due to tbe presence, use, or release oi a
<br /> IIazardous Subskance, creates a condition that adversely affects the value of the Property. The preceding two
<br /> 24002451
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