2� 1 ��8188
<br /> in�he Proper�y and rights under thi� Secur����nstrumen�; and �d} takes such action as Lend�r may
<br /> r�asonably require to as�ure�ha� L�nd�r's �n�erest in the Praper�y and rights under�his S�curi�y Instrument,
<br /> and Borrower's obliga�ion�o pay th�sums s�cured by this Security Instrument, sha11 continu�unchanged.
<br /> Lender may r�quir�tha�Borrawer pay such re�nstaternent sums and e�penses in ane or more ot`�he fn���wing
<br /> farms, as seie�ted�y Lender: �a} cash; tb}money order, �c} �er�ifi�d check, bank check, treasurer's check ar
<br /> cas�ier's�h�ck, prov�ded any such check is dravvn upon an�nstitut�on whose depnsits are insured�by a
<br /> federai agency, ins�rumen�al�ty or�nt��y; nr td} Elec�ronic Funds Transfer. Upan reins�at�ment b�r Borrower,
<br /> this Securi�y�nstrument and o���ga�ions secur�d here�y sha�� remain fully effecti�e as if no acc�leration had
<br /> occurred. How�ver, �his r�ght to reins�ate shall n�t apply in�he case of a�c��eratzon under Section IS.
<br /> ��, Sa�e of �Vote; Change vf Loan Servicer; Notice of Gr�e�ance. The Nat�or a par��al in��res�in�he
<br /> Note�to�ether w��h thzs S��urxty �nstrument}can be sold one ar more��mes withau�priar notice to
<br /> Borr�wer. A sale might re�ult in a chang� in�he entity (known as�he "Loarz Servicer"� that coi�e�ts Per�odic
<br /> Payments due und�r the No�e and this Secur��y �nstrum�nt and perf�rms other nzor�gage loan serv�c�ng
<br /> obl�gati�ns under�he Note, th�s Secur��y�ns�rumen�, and Applicab�e Law. There also might be one or m�re
<br /> chan�es of�he Loan Servicer unr�iated�o a sale of�he�Iote. �f�her��s a change of the I,aan Servicer,
<br /> Borrower wi�I be g�ven wr�tten no�ice of the change which wiii s�ate�he name and address t�f the new Laan
<br /> Ser�iGer, the address to which paymen�s should be made and an�a�her�nforma�ion RESPA r�quires in
<br /> connection wi�h a na��ce of transfer of ser��cing. If�he N�te�s sold and�hereafter�he L.aan is serWiced by a
<br /> L.aan Servicer o�her than the purchaser af�h�Nate, �he mor�gag��oan servicing o��igat�ons�a B�rrov��r�ill
<br /> rema�n v�rith the Loan Servicer or be transferred��a success�r Loan Servicer and are not assumed by the
<br /> No�e purcha�er unles�otherwise prov��ed by�he Nate purchaser,
<br /> Neither Borrower nor L,,�nder ma� commence,jain, �r be jo�ned to any judi�ia� ac�i�n �as ei��er an
<br /> ind��idual lit�gant or the member of a class} that arises from the other part�'s actions�ursuant���his
<br /> S�curity Ins�rument or that alle�es that the other party�as breached any pro�rision of, or an�du��a�ed�y
<br /> reason of, this Security �nstrumen�, un��l such Borrower ar�nd�r ha� not�f�ed the ather party�w�th su�h
<br /> natice��ven�n compl�ance v�rith the r�quirements of Sectian 15}�f such aileged breach and aff�rded�he
<br /> �th�r par�y here�o a reasonab�e period af�er the giv�ng�f`such natice to take correc�ive action. If App�ica��e
<br /> Law pro�ides a�ime period whieh mu�t e�apse befor��er�ain action can b�taken, tha�time period vW���be
<br /> deemed ta be reasonable for purposes of�h�s paragraph. The no���e of acc�lera�ion and appor�unity�o�ur�
<br /> given�a Borro�rer pursuan��o Se�t�an 22 and the notice of accelerat�on gi�en t� Borrnwer pursuant t�
<br /> Sec��on �8 sha�l be deemed�o sa�isfy the not�ce and opportuni�y �� tak�correcti�e action pr��isi�ns�f th�s
<br /> Sec�ion 2a,
<br /> �'[. Haza�dous Substances. As us�d in this Sectian�1; �a} "Hazardaus Substances"are thos�subs�ances
<br /> d��n�d as tox�c or hazardous substances, po��utants, or was�es by En�ironmental Lav�and�he fol��wing
<br /> substan�es: �a5�]�lll�y kerasene, other f�ammab�e or to�ic pe�roleum�roducts, taxic pest�cides and her�icides,
<br /> �olatile sol�ents, ma�eria��conta�ning asbestos ar forrnaldehyde, and rad�oacti�e m.a�er�a�s; tb}
<br /> "E���ironrne���al L�w"means federal �aws and laws af th��urisdiction where the Praper��is �ocated�ha�
<br /> re�ate to h�alth, safety or environmen�al pro�ection; �c} "E�2vironn�enta� Cl�ar�up"includes any r�sponse
<br /> act�on, remedial ac�ion, ar removal a�ti�n, as d��ned in En�ironmental Law; and�d} an "Er�vironfrxenta�
<br /> C�t�diti���"means a condition that can causes c�ntribute t�, or o�herwise tr�gg�r an En��ranmenta�C�eanup.
<br /> Borrower shal� not cause or permit the pres�ncey L15�, disposa�, s�orage, ar releas�of any Hazardous
<br /> Substar�ces, or threaten to reiease ar�y Hazardous 5ubs�ances, on or�n�he Prapert�. Borrower shall not do,
<br /> nor all�w anyone else�a do, an�th�n�affect�ng�h�Property �a} �haf is �n��fl�a�ion of an� Environ�mentai
<br /> Law, �b�wh�ch�reates an Environmen�a� Cand�tion, or��}v�hich, due to the pr�sence, use, or release of a
<br /> �azardous Subs�ance, crea�es a condit�an�ha�adver�eiy affects�he�alue of�he Proper�y. The preceding�wo
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<br /> Wolters Kluwer�inanciaf 5er�ices Page 13 of�7
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