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200303743 charge is provided for under the Noce). Borrower's acceptance of any such refund made constitute a waiver of any right of action Borrower might have arising out of such over, 15. Notices. All notices given by Borrower or Lander in connection with d writing. Al tice to Borrower in connection with this Security Instrument shall be dee when mailed by first class mail or when actually delivered to Borrower's notice address one Borrower shall constitute notice to all Borrowers unless Applicable Law express address shall be the Property Address unless Borrower has designated a substitute n Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting ower shall only report a change of address through that specified procedure. 'There ss under this Security Instrument at any one time. Any notice to Lender shall be ry first class m¢il to Lender's address stated herein unless Lender has designated Any notice in connection with this Security Instrument shall not be deemed to have ived by Lender. If an notice required by this Security Instrument is also required Law requirement will satisfy the corresponding requirement under this Security r. Lender maychooseto make grower. lfa refund reduces (whether ornotaprepayment ect mewwtm Borrower will .pplicable Law, the 16. Governing t law and the law of be :event that any provision or clause ofthis Security Instrument or the Note conflicts with not affect other provisions ofthis Security Instrument or the Now which can be given As used in this Security Instrument (a) words ofthe masculine gender shall mean and include corresponding neuter words or words ofthe feminine gender; (b) words in the singular shall mean and include the plural and vice versa; and(e) the word `Wray" gives sole discretion without any obliggation to take any action. 17. Borrower's Copy. Borrower shall be given one copy ofthe Now slid ofthis Security Instrument. 18. Transfer ofthe Prope rty or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent ofwhich is the transfer oftitle by Borrower at a future date to a purchaser. If all or an part ofthe Property or any Interest in the Property is sold or transferred (or ifBorrower is not a natural and d a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender i such exercise is prohibited by Applicable law. IfLender exercises this option, Lender shall give Borrower notice ofacceleration. The notice shall provide a period ofnot less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument If Borrower fails to pay these sums prior to the expiration ofthis period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall before sale of the Property Pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable Law might specify for the termination of Borrower's right to reinstate; or (c) entry ofajud�rlent enforcing this Security Instrument Those conditions are that Borrower: (a) pays Lender all sums which their wonld be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pa all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected by Lander (a) cash; (b) money order, (e) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the case ofacceleration under Section 18. 20. Sale of Note; Change of Loan Servicer, Notice of Grievance. The Note or a partial interest in the Note (together with this Security Instrument) can be sold one or more times without prior notice to Borrower. A sale mightresult in a change in the entity (known as the "Loan Servicer ") that collects Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan servicing obligations under the Note, this Security instrument, and Applicable law. There also might be one or more changes ofthe Loan Servicer unrelated to a sale of[he Note. Ifthere is a change of die Loan Servicer, Borrower will be given written notice of the change which will state the name and address of the new Loan Servicer, the address to which payments should be made and any other information RESPA retres in coruiection with a notice of transfer of servicing. Ifthe Note is sold and thereafter the Loan is serviced by a Loan Servicer other than the purchaser ofthe Note, the mortgage loan servicing obligations to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed bythe Note purchaser unless otherwise provided bythe Note purchaser. Neither Borrower nor Lender may commence, join, or be)oined to anyjudicial action (as either an individual litigant or the member ofa class) that arises from the other party's actions pursuant to this Security Instrumentorthatalleges that the other party has breached any provision ot; or any duty owed by reason of, this Security Instrument, until such Borrower or Lender has notified the other party (with such notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the other party hereto a reasonable period after the giving of such notice to take corrective action. If Applicable law provides atime period which must elapse before certain action can betaken, that time period will be deemed to be reasonable for purposes of this paragraph. The notice ofacceleration and opportmityto cure given to Borrower pursuant to Section 22 and the notice ofacceleration given to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective action provisions ofthis Section 20. 21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials tos or formaldehyde, and radioactive materials; (b) "Environmental Law" means federal laws and laws of vhere the Property is located that relate to health, safety or environmental protection; (c) "Environmental es any response action, remedial action, or removal action, as defined in Environmental law; and (d) an Condition' ' means a condition that can cause, contribute h), or otherwise nigger an Environmental Cleanup. NERRA.SKA— Single Family — Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form3028 1/01 ovegebof8pogwo 9754 CV (1/02) 105107 GOTO(0004%5c)