��15�145�
<br /> in th�Pr�per�y and righ�s under this Securit��ns�rument; and �d} takes such action as Lender may
<br /> reasonably require to assur�that Lender's interes�in the Prnperty and righ�s und�r th�s Security�nstr�nent,
<br /> and B�rrawer's�bliga�ion�o pay the sums secured b��his Securi�y Instrument, sha�� cantinue unchang;�d,
<br /> Lender ma�require�hat Borrovver pay such reinstatemen�sums and e�pen��s in one or more of�he fo��flvWing
<br /> farms, as sel�cte�.by Lender: (a}cash; �b}money order; tc}certified check, bank che�k, treasurer's c�eck or
<br /> �ashier's ch�ck, provided any such check is drawn upon an institution whose depo�its are insur��by a
<br /> federal agenc�, instrumenta�i��or en�xty; or�d� E�ec�ronic Funds Transfer. Upon reinstatement by Borrower,
<br /> this Securit� �nstrument and ob�iga�ions secur�d hereby shall remain fu11y effec�ive as �f n� acce�era��on had
<br /> occurr�d. Howev�r, this right�o re�nstate sha11 not apply �n�he case af accexera��on under Section 18.
<br /> �4. Sa�e af Note; �hange of Loan �errricer; Natice of �r�e►vance. The No�e vr a par�ial �n�erest in t�e
<br /> lvo���toge�er�r�th���s Secur�ty Instrumen�} can�e so�d on�or more times wi�hou�prior na�ice t�
<br /> B�rrower. A s�.�.�rn.ig�t resu�t in a change in�he en���� �known as�he "Loa.��`ervicer"}tha��oXlects Per�vd��
<br /> Payments due under t�e No�e and this Securit��nstru�nent and performs��er mor�gage loan serv�c�ng
<br /> obl�gations under�he�ate, �his Secur�ty �nstrument, and App�icable Lavv. '�'here alsa m�ght be one ar rr�vre
<br /> �hanges�f t�e Laan Servicer unre�ated�o a sale af�he No�e. �f there is a c�ange of th�Laan Servicer,
<br /> B�rrower will�e given written no��ce of�he chan�e wh�ch wi�� s�ate�ie��e and addr�ss of the nevv i�aar�
<br /> Ser�icer, �h�address�o which payments should be made and any other in�c��xna�ion RESPA requires in
<br /> cannec�ion with a no�ice of transfer of serv��ing. If�he Na�e xs so�d and�.�r�after th.e Loan is ser��ced b�a
<br /> Loan Servic�r nther than the purchaser of�he Note, the mortgage loan s�rvic�ng obl�ga�i�ns to Borrovv�r�vi11
<br /> remain with th�Loan 5ervicer or be�ransferred�o a suc�essor Loan Servicer and ar�n�t assumed b�t�ie
<br /> Nate purchaser unless otherw�se provided by the Note pur�ha�er.
<br /> Nei�her Borrower n�r Lend�r may commence,��in, ar�e joined to any�udicial action�as either an
<br /> indi�idua� �x�xgan�or the member of a class}that arises frnm�he other party's ac�ions pursuan��o this
<br /> Se�uri�� Instrument or�ha�alleges that the o�her par�y has hreached an�r provis�on af, ar any du��r owed by
<br /> rea��n of, �his Securi�y Ins�rumen�, unti�such Borrawer�r Lender has nat�fied the other�ar�� ��vith such
<br /> na��ce g�ven�n c�mp�iance w�th the requi�ements af Sec�ion T 5}of su�h alleged�br�ach and affor�ed�he
<br /> o�her par�y her�to a rea�anab�e per�od af�er�he gi�ing of such no�ice�o�ak�e�carrec���e aGtion. If App��ca�ble
<br /> Lav�prov�des a time period which must e�apse befare c�r�a�n action can be��n, that time per�od v�il�be
<br /> deemed�o b�reasvnable for purposes af th�s paragraph. The not�ce of acc,e��err�.txan and oppor�uni�y to cure
<br /> gx�ren�o B�rrower pursuant to Se��ion 22 and the no�ice af accelerat�on gi��n t�B�rrav�er pursuant�o
<br /> Section �$ shall b�deem�d�a sa��sf�the n�tice and�ppor�unity to�ake co�ec�ive ac�.�on provis�ons of this
<br /> S�ction��.
<br /> �7. Hazardous Su�stances. As used in this S�c��Qn 21: �a} "�Iazardous Su��tar�ces"are those subs�ance�
<br /> de�ned as tox�c�r hazardous su�stances, pollutan��, or was�es b� Env�rvr�ner�tal Law and�he follo�ving
<br /> substances: gasoiine, kerosene, o�her flammabie or�axic petro�eum prod��, toxic pes�icides and herb���des,
<br /> �olatile soivents, ma�eria�s con�aining asbestos or formaldehyde, and rad����ve materials; �b}
<br /> "��vironmer�t�al.La�v"means federal�aws and la�vs nf�he jur�sd�c�i�n wh��r��he Proper�y is �ocated�.��
<br /> re�a�e�a h�a�.�, safe�y or environmenta�pra�ec��on; �c} "�nvironmental C��p"in�ludes any respa�s�
<br /> ac��an, re�edia��c�ion, or remo�a� ac�i�n, as de�ned�n En�rironmentaX La�� �nd�d} an "Envirartme��l
<br /> �'anditio�"means a�ondi�ion that�an cause, con�ribut��a, or othervvise tr�gger an En�ironmen�a����anu�.
<br /> B�rrow�r sha�� no�cause or permit�h�presence, use, dispasal, s�arage, ar release of any I�azardaus
<br /> Substances, or�hrea�en��re�ease any Hazardous Su�s�anc�s, on or�n the Pro��r�.y. Borrov�rer shal�not�i�,
<br /> n�r a��ow anyone else to do, any�hing affect�ng�he Proper�� �a}�hat�s in��alat�an�f any Env�ronmental
<br /> Law, �b� which cr�ates an�n�ironmental �an�i�ion, ar�c3 wh�ch, due�v th�presence, use� or re�eas��f a
<br /> Hazardaus Subs�ance, creat�s a cand�t�on that ad�ersely affects�he value of�he Pr�per�y. Th�precedin.g�wo
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<br /> Wvlters Kl�twer Financia[5er�ices Page 13 v#17
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