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200200975
<br />already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender muychwse to make
<br />this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. pill refund reduces
<br />pa incipal, the reduction will be treated as a partial prepayment without any I'aepayment charge (whether ornot u prepayment
<br />charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Burrower will
<br />constitute a waiver of any right of action Borrower might have ansing out of such overcharge.
<br />15. Notices. All prices given by Borrower, or Leader in connection with this Security Instrument must be in
<br />writing. Any notice to Bormwerin connection with this Security Instrument shall be deemed to have been wen to Borrower
<br />when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to Lary
<br />one Borrower shall constitute eunuch) all Borrowers unless Applicable Law expressly iequtres otherwise. The notice
<br />address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender.
<br />Borrower shall promptly notify Leader of Borrower's change of address. If Lender specifics a procedure for reporting
<br />Borrower's change of address, then But shall only report a change of address through that specified procedure. 'There
<br />maybe only one designated notice address under this Seoul try Instrument at any one time. Any notice to Lender shall be
<br />given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated
<br />another address by notice to Borrower. Any notice in connection with this Seci ty Instrument shall not be deemed to have
<br />been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required
<br />under Applicable Law, the Applicable Law requirement will satisfy the corresponding rc pinen kart under this Security
<br />Instrument.
<br />; Rules of Construction. This Security bsuumem shall be governed by
<br />16. Governing Law; Severability
<br />fedent law and the law of the jurisdiction in which the Property Is located. All rights and obligations contained in this
<br />Security Instrument are subject to arry requirements and limitations of Applicable Law- Applicable Law might explicitly or
<br />implicitly allow the parties in agree by,unnet or it might be silent, but such silence shall not be construed as a IT rohibhall
<br />against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with
<br />Applicable Law, such conflict shall not affect other pa evasions of this Security Instrument or the Note which can be given
<br />effect without the conflicting provision.
<br />As used in this Security Instrument (a) words of the masculine gender shall mean and include col 'responding neuter
<br />words or words of the feminine gender, (b) words in the singular shall mean and include the plural and vice our rsa: and (c) the
<br />ward "may' gives sale discretion without say obligation to take any much. .
<br />17. Borrower's Copy. Borrower shall be given one copy of the Note and ofthis Sccurety Instrument.
<br />18. Transfer of the property or a Beneficial Interest In Borrower. As used in this Section 18, "Interest in the
<br />Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests
<br />transferred,n abon for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the
<br />punster of title by Borrower ar a future date to a purchase,.
<br />If all or any part of the Property nr any Interest in the Property is sold or transferred (or if Borrower is not a natural
<br />person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, lender key
<br />require immediate paymeat in full of all sums secured by this Seeuriry Instrument. However, this option shall not be
<br />exercised by Lender il'such exercise is prohibited by Applicable Law.
<br />If Lender exercises this option. Lender shall give Borrower notice of acceleration. The notice shall provide a period
<br />of not less than 30 days from the date Bre notice is given,n accordance with Section 15 within which Bon'ower must pay all
<br />skims secured by this Security Instrument, If Borrower fails to pay these sums prior to the exp per
<br />iration ofthis iod, Lender
<br />may invoke any remedies per by this Security instrument without further notice or demand on Borrower,
<br />19 Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall
<br />have the right to have enforcement of this Secut try instrument discontinued at any time prior to the earliest of: (a) five days
<br />before sale of the Property pursuant tr any power of sale contained in this Security Instrument; (b) ,rich other period as
<br />Applicable Law might specify for the fermmahon of Borrower's right to reinstate; or (c) entry of ajudoment enforcing this
<br />Security Instrument. Those conditions are that Borrower; (a) pays Lender all sums which than would be due under this
<br />Security Irisnvment and the Note as if no acceleration had occurred: (b) cures any default of any other covenants or
<br />agmements; tc) pays all expenses incurred -
<br />in enforcing this Security Instrunkcat, including, but not limited to, reasonable attorneys' fees, properly inspceaon and
<br />valuation fees, Lead other fees incurred for the purpose of protecting Lender's interest in the Property and rights under this
<br />Security Instrument; and (d) tikes such action as Lender may Temporary require to assure that Lenclu's interest in the
<br />Property and rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this Security
<br />Lrstrument, shall cuminue unchanged. Gander may require thin Borrower paysuch reinstatement sums and expenses m one
<br />or more of the following forms, as selected by Lender: (a) cash; (h) money order; (y certified check, bank check, treasurer's
<br />check or cashier's check, provided any such check is drawn upon an Institution whose deposits are insured by a federal
<br />agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon renstatement by Borrower, this Security
<br />Insn'umentaed obligations secured herebyshal I oral fully effective as if no acceleration had occurred. However, this right
<br />to reinstate shall not apply in the case of acceleration under Section IS.
<br />20. Sale of Note; Change of Loan Services Notice of Grievance. The Note or a partial rural ast in the Note
<br />(together with this Security bar current) can be bald one or more rimes without prior notice to Borrower A sale might result
<br />in a change in the entity (known as the "Loan Services ") that reflects Peritd,c Payments due under the Note and this Security
<br />Instrument and performs other mortgage loan servicing obligations under the Note, this Security Instrument, and Applicahlo
<br />Law. There also might be une 0f more changes of theLoan Servicer unrelated to a sale of the Note. If them is a change of
<br />the Iran Services. Borrower will be given written notice of the change which will stale the name anti address of the new
<br />Loan Service, the address to which payments should he made and any other information RESPA requires in comirealrn with
<br />a notice of tanster of servicing, It the Note is sold and thereafter the Iran is set'viced by a Loan Services other than the
<br />purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with the Loan Service, or be
<br />transferred to a successor Loan Servicer and are not assumed by the Note purchaser unless otherwise provided by the Now
<br />purchaser. our, or be joined m an action (as either an individual
<br />Neither member owes air Leader may commence, j j Y
<br />litigant or the members a Class) that arises from the other party's actions pursuant to this Securityy Instrument, rmamorthat alleges
<br />[ha[ the other party has breached any provision ref, or any duty owed by reason Of, this Securely hshument, until such
<br />Borrower or Lender has notified the tither patty (with such notice given in compliance with the requirements of Section 15)
<br />of such alleged breach and afforded the other parry hereto a reasonable period after the giving of such notice m take
<br />corrective action. If Applicahle law provides a time period which most elapse before certain action can be taken, that time
<br />period will be deemed to be reasonable for [)or poses of this paragraph. 'I .he notice of acceleration and opportu n try to cure
<br />'liven to Borrower pursuam m Section 22 and the notice of aceolcmaom given m Borrower pursuant to Section 18 shall be
<br />deemed m satisfy the notice and rpportunny ro take conceive action pro visions of this Section 20.
<br />21. Hazardous Substances. As used in this Section 21 (a) Hazardous Substances" are those substances
<br />defined as toxic or hazardous substances, pollutants, or wastes by Environmenul I aw Lard the following substances '. gasoline,
<br />kerosene, utter Flammable or toxic petroleum prodacts, toxic pesticides and herbicides, volatile solvents, materials
<br />containing asbestos or formaldehyde, and radioactive materials; (b) "Emutonmenal Law" means federal laws and laws of
<br />the jurisdiction where the Property is located that relate m health, surety or env, ronmuNaf protection; (c) "Environmental
<br />Cleanup'* includes any response action, remedial action, or removal action, us detined,n Environmental Law; and (d) an
<br />"Enviroar lCondition "meansaconditionthat can cause,contributeto. or Otherwise tri zer an Environmemal Clecmiry.
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