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collected 200305520 vwer. Lender may choose to make to Borrower. if a refundreduces arge(whetheror not aprepaymem y direct payment to Borrowerwill constitute a waiver of any right of action Borrower might have arising out of such overcha 15. Notices. All notices given by Borrower or Lander in connection with this writing. Any notice to Borrower in connection with this Security Instrument shall be deems when mailed by first class mail or when actually delivered to Borrower's notice address ifs one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly address shall be the Property Address unless Borrower has designated a substitute notil Borrower shall nromptly notify Lender of Borrower's change of address. If Lender spe I notice address under this Security Instrument at any onetime. An notice to Lander shall be y mailing it by first class mail to Lender's address stated herein Mss Lender has designated i Borrower. Any notice in connection with this Security Instrument shall not be deemed to have actually received by Lender. If any notice required by this Security Instrument is also required Applicable law requirement will satisfy the corresponding requirement under this Security 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against aggrreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words ofthe masculine gender shall mean and include comespondingneuter words or words ofthe feminine gender, (b) words in the singular shall mean and include the plural and vice versa; andd (c) the word "may' gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property 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 of which is the transfer of title by Borrower at a future date to a purchaser. If all or apart of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and 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 h this Security Instrument. However, this option shall not be exercised by Lender Much exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must payall sums secured by this Security Instrument. If Borrower fads to pay these sums prior to the expiration of this period, Lender may invoke an remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrowers Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall before sale ofthe 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 Borrowers right to reinstate; or (c) entry ofajudgnient enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then woulld be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or egreemenrs; (c) pays all expenses inwrrad in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred tar the purpose ofprotece Lender's interest i the Property and rights under this reasonably s 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 rcyuire that Borrower order;(;) reinstatement check, bank chec,tresinone pay or more ofthe following forms, ns selected by Lander (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn on an m whose deposits are insured a federal Upon re agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by borrower, this Security Instrument and obligations secured hereby shall remain fully eBecn 1as ifno acceleration had occurred. However, this right to reinstate shall not apply in the case ofacceleration under ion 18. 20. Sale of Note{ Change of Loan Services Notice of Grievance. The Now or a partial interest in the Note (together with this SecurityI astronaut )can be sold one or more times without prior notice to Borrower. t sale might result in t an change in the entity (known as the "Loan Servicesg that collects Periodic Payments due under the Non: and this Security Security Instrument and performs other mortgage lo servicing obligations under the Note, this Security Instrument, and Applicable Law. There also might be one or more changes on no Loan Services unrelated to il sale e t lee Note. If there is a change w of the Loan Scer, the Borrower will be given written notice made a change which will state the name and address ofthe new Loan Services, the address to which payments should n made and any other information by RESPA a Lo requires in connection code a notice of transfer of servicing. If the Note is sold and ihereafter B loon is serviced remain a Loan Services other than the purchaser of a s Note, the mortgage loan servicing obligations a Borrower will remain with the Loan Services or to transferred to a successor Loan Servlcer and are not assumed by the Note purchaser unless otherwise provided by the Note purchaser. Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an individual litigant or the member ofa class) that arises from the other party's actions pursuant to this Security Instrument or that alleges that the other party has breached any provision of, 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 a time period which must elapse before certain action can be taken, that time period will be deemed to be reasonable for pusposes ofthis paragraph. The notice ofacceleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective action provisions of this Section 20. 21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b) "Environmental law" means federal laws and laws of the jurisdiction where the Property 1s located that relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any response action, remedial action, or removal action, as defined in Environmental law; and (d) an "Environmental Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup. NERR ICA-8i.& Fonuly- Fnniie sls/ reddie Mac UNIFORM INSTRUMENT Form3028 lldl (page6if8pag.) 9754 N2) 1687921 GOTO(00(Mclac)