2� 17��491
<br /> in the Pr�per�� and rzghts under th�s Security �nstrument; and�d}�akes suCh a���on as L�nder may
<br /> reas�nably re�uire ta assure that L�nder's interest in th�Proper�y and r�gh�s under th�s Security�nstrunzen�,
<br /> and Borrov�r�r's ob�xgatian��pay th.e sums secured by th�s S�curity �nstrument, sha11 con�inue unchanged.
<br /> Lender may require�ha�Bo�rrovver pay�uch reinstatement sum�and e�pen�es ir�one or more of the fol�owing
<br /> forms, as selected by L�nder: �a}cash; �b}money order; �c�cer�i�ed check, bank�heck, treasurer's che�k or
<br /> cashxer's check, provided an� such check is dravvn upon an�ns�i�u�ian wh�se depasits are xnsure�i by a
<br /> fed�ra� agency, ins�rumen�ali�y or en�i��; ar�d} Eiec�ranic Funds Transfer. Upan rei�sta��ment by Borrower,
<br /> �hi� �ecurity ��s�rument and obligations �ecured hereby sha�l remain ful�y effective as if�o acce��ra�io�had
<br /> o�curred. Howe�er, this righ��o re�ns�a�e sha��na� apply �n the�ase af acceleration under Se��ion �8,
<br /> �[�. Sa�e of Note; Ghan�e of Loan Ser�icer; Nvtice of Gr�e�ance. The N��e or a par�ia� interest in th�
<br /> Nate�together w�th this Securi�y�nstrumen�}�an he sold one or more times with�u�pri�r not��e to
<br /> Borrov�rer. A sale mi�h�resu�t�n a change rn�he entity (knovvn as�he "Loan Ser-�i��r"} tha��olie��s Perxodic
<br /> Paymen��due under�he�ate and thxs Security Instrument and performs a�her rnor�gage loan serv�cing
<br /> ob�iga��ons under the N��e, this Se�ur�ty�ns�rumen�, and Applicable Lav�. 'There a�so m�ght�e ane or m�re
<br /> chang�s of the L�an Ser�icer unre�a�e��o a sale of�he N�ate. �f��ere�� a change�f the I..�an S�r��cer,
<br /> Sorrov�er v�i��be gi�en vvri�ten noti�e�f�he chang�whxch wi�i state�he name and address of�he n�v� I.,�an
<br /> Servi�er, �he addre�s to whxch paynnen�s�hou�d�be made and any o�her informatian R�SPA r�quires �n
<br /> connec��on v�r�th a no�ice of transfer of�er�ic�ng. �f�he Note is sald and�hereafter�he Lflan is serv�ced b�a
<br /> Loan Ser`ricer other�han the purchas�r of�he N��e, th�mor�gag��oan s�rv�cing obligations ta B�rr��er�rill
<br /> rema�n wi�h the Loan Ser�i�er or be transferred�o a�uc�essor Loan Servicer and ar�nat assumed�y the
<br /> N�te pur�haser unl�ss a�herw�se pro�ided by�he Not�purchaser.
<br /> Ne�ther Borrower nor L�nd�r may cammence,�a�n, or be�oined to an�r judxc�a� action�as e��her an
<br /> �nd�vidua� 1i�igant ar�he mem��r of a class� ��a�arises from the o�her party's act�ons pursuant to�his
<br /> Securi�� �nstrumen�or�hat a��eges�hat the other par��has hreached any�rfl�ision of, or any duty owed�y
<br /> reason of, �h�s Se�uri�y �nsfiru�nen�, un��� such Borrower or Lender ha�no�if�ed�ie��h.�r par�y �w���such
<br /> no��ce g�ven in c�mp�iance with the requiremen�s of Sec�ian �5}of such al�eged breach and aff�rded the
<br /> other par�y here�o a reasona��e period after�he gi�ing of such not�ce t�take��rrec��ve a�t�an. �f App��ca�i�
<br /> Law pro�ides a��me per�od whic�rn.ust e�apse before certain action can be�aken, �hat time per�od w��� be
<br /> d�emed�o be reas�nab��for purposes of�hxs paragraph. The na�ice of��ce�era��on and oppor�unity to cure
<br /> giv�n�a��rrawer pursuan��o Se�tion��and�he no���e of acce�erat�fln gi�en fio B�rrower pursuant to
<br /> Sectiv� 18 sha1l�e�e�med to satisfy th�no�ice and oppor�uni�y to�ake corrective action pra�isions of th�s
<br /> S�ct�an 2D.
<br /> 2'i. Ha�ardous Substances. As u�ed in this Sect��n�1.: ta� "I�a�ardous Substances"are tho��subs�anc�s
<br /> defined a�toxic or hazardaus substances, pollu�an�s, or was�es b�En�iranm�n�a� Law and the fo��ov�ing
<br /> substances: gasa��ne, kerosene, other flamma�le or tox�c petro�eu�m produ�ts, �oxic pes�icx�.es and herb�cxd�s,
<br /> v�latiie solv�n�s, 7materia�s��n�a�ning as�estas ar formaldehyde, and rad��ac��ve ma�erials; �b}
<br /> "Enviro��e�tal Luw"means fed�ra�.�aws and Iaws of�he jurisd�ction v�rhere�he Proper�y is�aca�ed�.hat
<br /> rela�e�o health, safety or enviranmen�ai pratec��on; �c} "�'r��ironrrtentar �'leanu,�"�ncludes any response
<br /> ac��on, remed�a� a��ivn, or remo�al ac�i�n, as def�n�d �n En��r�nmen�a� Law; and�d} an "Environmental
<br /> �onditia�"means a c�ndx��o�.tha�ca.�cause, c�ntr�bu�e�o, or o�herw�se�rigg�r an�n�r�ronmentai C�eanup.
<br /> Borr��rer sh�.l no�cause ar perr�.t�.he presence, use, disposai, storage, �r rel�ase of an�r Hazardous
<br /> Substan�es, ar�hreaten�o�r��ease any I�azardous Substanc�s, on or�n�he Prop�rty. Borr�wer sha��no�do,
<br /> nar allow anyon�e�se to do, any�hing affec��ng�he Prop�r�y �a} �hat is in vio�a��on af any En�ironmen�al
<br /> Law, �b}�hich creates an Env�ror�ental �ondxt�on, or�c} v�rhich, du�to the presene�, use, or release of a
<br /> Hazardous Subs�an�e, creates a cond�tion�ha�ad�ers��y affec�s the va�ue nf th�Pr�per�y. The preceding�wo
<br /> N��3RA5KA-5ir�gte Farr►ify-Fannie MaelFreddie�Nac UNfFDRM INSTRUMENT Form 3�28�J�i
<br /> VMP[� VMP6�N�y[1302}
<br /> Wolters Kluwer Financial Ser�ices Page 7 3 af�7
<br />
|