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200411991
<br />DOC ID #: 0008534127711004
<br />If all or any part of the Property or any Ioterat in the Property is sold or Uum%ned (or if Borrower is net
<br />a nenaal person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written
<br />consent, Lender may require immediate payment in fall of all sums scented by this Seourity instrument
<br />However, this option shaft not be exercised by Lender if arch exercise is prohibited by Applicable Law.
<br />If Lender exercises this option, Lender shall give Borrower notice of aceelesation. The notice shall
<br />provide a period of not leas tban 30 days from the date the notice is given in accordance with Section IS
<br />within which Borrower must pay all auras secured by this Security hurro rent. If Borrower Arils to pay these
<br />sums prior to fro expiration of this period, Lender may Invoke any remedies permitted by this Security
<br />Instrument without futxr notice or demand on Borrower.
<br />19. Borrower's Right to Reiastate After Acceleration. If Borrower meets oertain conditions, Borrower
<br />shall have the right to have anforcement of this Security instrument discontinued at aqp time prior to the
<br />earliest of: (a) five days before sale of the Property pursuant to any power of We contained in this Security
<br />Instrmenn$ (b) such other period as Applicable Law might specify for the termination of Borrower's right to
<br />Wrustote; or (c) any of a judgment enforcing this Security Instrument Those conditions are that Borrower.
<br />(a) pays Lender all sums which then would be due under this Security Instrument and the Note a if no
<br />acceleration bad occurred; (b) cures any default of any other covernma or agreements; (c) pays ail expenses;
<br />incurred in endbreing this Security lnstrument, including, but not limited k, reasonable attorneys' Axe,
<br />property inspection and valuation fees, and other fees incurred for &a purpose of proteoting Iendeh"a interest
<br />in the Property and rights under this Sorority Ins1ru tent; and (d) takes such action as Lender may reasonabiy
<br />require to assure that Lender's intereat in the Property and rigbts under this Security lrstrumcnt, and
<br />Bormwer'a obligation to pay the stray scouted by this Security Irwwmmt, $hall continue unchanged. Lender
<br />may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms,
<br />a selected by Lender. (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cahlees
<br />check, provided any such check is drawn upon so ims tution whose deposits are insured by a faleral agency,
<br />instrumentality or atity; or (d) Electronic Punch Transfer. Upon rele$mteme nt by Borrower, this Security
<br />Instrument and obligation secured hereby shall remain tally effective as if no acceleration bad occur red.
<br />However, this right to reinstate shall not apply in the can of acceleration under Section 18.
<br />20. Sale of Note Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the
<br />Note (together with tuts Security Instrument) can be sold one or more times without prior notice to Borrower.
<br />A axle might result in a edge in the entity (known a the "Loan Servicem that collects Periodic Payments
<br />due under the Note and this Security Instrument and performs other mortgage loan servicing obligations under
<br />the Note, this Security Instrument; and Applicable Law. There also might be one or more changes of the Loan
<br />SaMew unrelated to a sale of the Note. If them is a change of the Loam Servicer, Borrower will be given
<br />written notice of the cberge which will state the name and address of the new Lose Servicer, the address to
<br />which payments ahould be made and any other information RESPA requires in connection with a notice of
<br />tranafer of servicing. If the Note is sold and thereafter the Lose is serviced by a Loan Servicer other than the
<br />purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with the Loan Servioa
<br />or be tawflamed to a successor Loan Servicer and are not assumed by the Note purchaser unless otherwise
<br />provided by the Note purchaser.
<br />Neither Borrower nor Lander may commence, join, or be joined to any judicial action (u either an
<br />individual litigant or the member of a class) that arises from the other party's actions pursuant to this Security
<br />Instrument or that alleges that the other party has breached any provision o$ or any duty owed by reason of,
<br />this Security Inst ameot, until such Harrower or Lender has notified the other patty (with such notice given in
<br />compliance with the requirements of Section M of such alleged broach and afforded rite other patty hereto a
<br />reasonable period after the giving of such notice to take corrective action. H Applicable Law provides a time
<br />period which must elope* before certain action can be taken, that time period will be deemed to he reasonable
<br />far purposes of ibis paragraph. The rhotice of accalersdon and opportunity to ours given to Borrower pursuant
<br />to Section 22 and the notice of acceleration given to Borrower pursuant to Section 18 shall be deemed to
<br />satisfy the notice and opportunity to take corrective action provisions of fate Section 20.
<br />21. Hazardous Sabstaaea. As used In this Section 21: (a) "Hazardous Substances" are those substances
<br />defined as toxic or hazardous substances, pollutants, or waft by Environmental law and the following
<br />substances: gasoline, ketoaoq, other flammable or toxic petroleum products, toxic pesticides and herbicides,
<br />volwdk solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b)
<br />"Emvimmmautal Law" mane federal laws and laws of the jurisdiction wham the Property is located that relete
<br />to health. safety or eoviroomanW proteotom; (c) "Environmental Cleanup" fidudes any response action,
<br />remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental Condition"
<br />means a condition that can cause, contribute to, or otherwise trigger an Bnviro omental Cleanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous
<br />Substances, or threaten to release stay Hazardous Substance, on or in the Property. Borrower abalI not do, nor
<br />allow anyone else to do, anything of eating the Property (a) that is in violation of arty Environmental Law, (b)
<br />which create an Environmental Condition, or (e) which, due to the presence, use, or Mom of a Hazardous
<br />Substance, creates a condition that adversely affects the value of the Property. The preoedins two sentences
<br />shell not apply to rte presence, use, or storage on the Property of small quanBties of Hazardous Subatamca
<br />that arm generally recognized to be appropriate to normal raidental uses and to maintenance of the Property
<br />(including, but not limited to, hazardous substances in consumer products).
<br />4ftaapd1Q(o005}.ot CFiLpetJel} Py"aa11 r'Ly
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