2� 1 ��599�
<br /> �n��ae Propert�and righ�s under th�s Secur�t� �ns�rum�nt; and �d} �ak�s such ac��on as Lender may
<br /> reasonab�y requ�re to assure tha�Lender's �nteres� in the Proper�y and rights und�r this ��cur��y �ns�rum�n�,
<br /> and g�rrov�rer's obiiga�ion to pay the sums s�cured by�his Se�ur�ty Ins�rumen�, shal�continue un�hang�d,
<br /> Lend�r may require that Borro�er pay su�h reins�ate�men�sums and expenses in one or m�re of the foliov��ng
<br /> form�, as se�ected�� Lend�r: �a� cash; �b}mon��arder; ��}certified�heck, bank�he�k, �re�si�r�r's�he�k�r
<br /> cashier's ch�ck, pro�rided an�such�heck is drawn up�n an inst��ut�on whos�deposits are insured b� a
<br /> federal agency, ins�rumen�a�ity or enti�y; or�d} E�ectron�c Funds T`ransfer. Upon reins�a�emen�by Borrower,
<br /> this Security Instrumen�and ob�igat�ons secured her�by shall remain fui�� effect��e as �f no acce�eration had
<br /> occurred. �ow��rer, �his righ�to reins�ate shall not appl� �n the case�f accelerat�on under S�c�ian 1$.
<br /> �fl. Sale of Note; Change of L�an Ser►ric�r; �otice of Gr�evance. The N��e or a par�ia� in�erest�n the
<br /> Note�toge�her with�his Security �nstrument}�an be sa�d on��r more times�vzthout prior no�ic�to
<br /> Borrov�er. A sale might resul�in a chan���n the ent�ty�known as the "Loat� Servicer"}that collec�s Periadic
<br /> Payments due under�he Note and �his Secur��y �n��rum�nt and performs other mar�gage ioan serv�cing
<br /> o�ii�ations und�r th�Note, �h�s S�curi�y �ns�rument, and Applicabie Lav�. There also migh�be on�ar more
<br /> chang�s of the Loan Ser�ricer unr��a�ed ta a sale�f the Not�. �f there is a change of the Loan Ser�icer,
<br /> Borrower w�l� be gi�en wr�t�en notice of the change wh�ch wi�� s�ate�he name and address of�h�ne�nr Loan
<br /> Ser�ricer, the address to wh�ch payments shau�d be made and an�other informa�ion RESPA requires in .
<br /> conne�t�on w�th a notice af transfer af serv�cing. �f th�Not�is s�id and thereaf�er�he Loan is �er�iced by a
<br /> Laa��Servicer other than�he purchaser af the Nnte, �he rnortga���aan servicing o�i�gations to Borrower w�li
<br /> remain with th�Loan 5ervicer or be�ransferred to a suc�essor Loan Se�-v�cer and are n�t assum�d by�he
<br /> Note purchaser unless o�h�r�is�prov�ded hy�he Note purchaser.
<br /> �Iei�h�r Borrow�r nar L.�nder n�a�commence,��in, ar be join�d ta an��udicial ac�xon�as ei�her an
<br /> i��di�vidua� Ii��gan�ar the memb�r�f a class} �hat arises from�he oth�r par��'s actians pursuant to th�s
<br /> Security �nstrument or�hat al�e��s�ha�the a�h�r par��r has breached an��prov�s�an of, or any duty�wed by
<br /> reasan�f, this Security ���s�rum�n�, unt�l such Borrawer ar L�nder has notified th�o�her party (wi�h such
<br /> natice given �n compl�ance v�rith the requiremen�s of 5ecti�n I5� of such alleged breach and afforde�i�he
<br /> oiher par�y hereto a reasonable p�riod af`��r th�g��in��f such notice t� tak�correc��ve ac��on. �f App��cab��
<br /> Law provides a�im�per�od�h�ch rnus�elapse befor�certa�n�ction can be taken, that time p�r�od wi�t be
<br /> d�emed to be reasanab�e for purposes af�his paragraph. Th�no���e af accelera��on and�ppor�uni�y�� cure
<br /> g�ven�o Borrower pursuan�to Se��i�n�2 and�he no�ice of ac����ra�ion��v�n to Borrower pursuan��o
<br /> 5ect�on �8 sha��be de�med to sa�isfy the no�ic�and oppor�uni�y to take corr��t�ve action provisions�f this
<br /> �ec�ian 2�.
<br /> ��. Hazardous Substances. As use� in this Sec�ian 21: �a} "Ha�ardaus S`r��sta��ces"are those substances
<br /> de�ined as t�xic ar hazardous substances, p�Iiutan�s, or wastes by En�ironm.enta� Law and�he ffl��o��ng
<br /> substances: �a�o�ine, kerosen�, o�her flammable or toxic petrol�um pr�ducts, �o�ic p�sticides and herbicides,
<br /> �olatiie so���nts, mater�a�s con�aining asbestos or formaldeh�des and radi�active mater�als; �b}
<br /> "Et�virotxrn��ztaZ La�v"m�eans f�deral Iaws and laws of the�urisdiction v�rh�re the Property is located�hat
<br /> rela�e to h�alth, safety�r environmen�al pratect�on; �c} "�'nvirar�r�iet��al ��ear�r��" includes an�response
<br /> �G�Ini7y r�media� action, �r rem��ai action, as defined in Environmienta� Law; and �d} an ",Lr2vir�nt�rej�tar
<br /> �`ot��ditiar�"means a�ondi�ion�ha�can cause, cfln�ribu�e��, ar otherw�se trigger an En��ronxnenta� C�eanup.
<br /> Borrovver sha�i not caus�or p�rmi�the presence, use, disposa�, stora��, or releas�of any Hazardous
<br /> 5ubstances, or�hreat�n�o release any Hazardous Substances, on or�n�he Prop�r��. Borrawer sha�� not do,
<br /> nor al�ov�r anyone else to do, any�h�ng affec�ing the Praperty �a} tha�is in�iola�ion of any EnW�ro�mental
<br /> Law, �b} which creates an En�iranm�n�al�ondit�on, �r�c� which, due to the presenc�, use, �r reiease of a
<br /> Hazar�.ous Subs�ance, cr�ates a condi�ion�hat ad�versei� aff�cts the vaiue of the Property. The preced���two
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<br /> VMP Q VMPfi(N�}t13�2f
<br /> Wofters Kluwer Fir�ancial 5er�ic�s Page 13 of 17
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