200205715
<br />of a judgment enforcing this Security Instrument. Those conditions are that Borrower. (a) pays Lender all sums
<br />which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures
<br />any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security
<br />Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and
<br />other fees incurred for the purpose of protecting Lender's interest in the Property and rights under this Security
<br />Instrument; and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the
<br />Property and rights under this Security Instrument, and Borrower's obligation lu pay the sums secured by this
<br />Security Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and
<br />expenses in one or more of the following forms, as selected by Lender (a) cash; Ho money order, (c) certified
<br />check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution
<br />whose deposits are insured by a federal agency, instrumentality or entity; ur (d) Electronic Fronds Transfer. Upon
<br />reinstatement by Borrower, this Security Instrument and obligations secured hereby shop remain fully effective as if
<br />no acceleration had occurred_ Ilowever, this right to reinstate shall not apply in the case of acceleration under
<br />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 this Security Instrument) can be sold One ur Inure limes without prior notice to Borrower. A
<br />sale might result in a change in the entity (known as the `Loan Servicer ") that collects Periodic Payments due under
<br />the Note and this Security Instrument and performs other mortgage loan servicing obligations under the Note, this
<br />Security Instrument, and Applicable View There also might be one or more changes of the Loan Servicer unrelated
<br />to a sale of the Note_ IC there is n change of the Loan Servicer Borrower will be given written notice of the change
<br />which will slate the name and address of the new Loan Servicer, the address to which payments should be made and
<br />any other information RESPA requires in connection with a notice of transfer of servicing. If the Note is sold and
<br />thercalicr the Lean is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing
<br />obligations to Borrower will rcnain with the Loan Servicer or be transferred to a successor Loan Servicer and are
<br />not assumed by the Note purchaser unless otherwise provided by the Note purchaser.
<br />Neither Borrower nor Lender may continence, join, or be joined to any judicial action (as 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 of, or any dirty owed by reason of, this
<br />Security Instrmnent until such Borrower or Lender has notified the other party (with such notice given in
<br />compliance with the requirements of Section U) of such alleged breach and afforded the other party hereto a
<br />reasonable period after the giving of such notice to take corrective action If Applicable Law provides a time period
<br />which must elapse before certain action can be taken, that time period will be deemed to be reasonable for purposes
<br />of this paragraph_' I he notice of acceleration and opportunity to care given LLI Burrower pursuant to Section 22 and
<br />the notice of acceleration given to Borrower pursuant to Section 19 shall be decn ed to satisfy the notice and
<br />opportunity to take corrective action provisions of this Section 20.
<br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances
<br />defied as toxic or hazardous substances, pollutants, mouses by Environmental Law and the following substances'.
<br />gasoline. kerosene, other Oammable or toxic petrulemn products, toxic pesticides and herbicides, volatile solvents,
<br />materials containing asbestos ur formaldehyde. and radioactive materials; (b) "Environmental Lan" means federal
<br />laws and laws of the jurisdiction where the property is located that relate to health, safety or environmental
<br />protection; (c) "F.mvin unica d Cleanup" includes any response action, remedial action, or removal action, as
<br />defined in Euvimmmcntal Law. and (d) an "'Environmental Condition" means a condition that can cause, contribute
<br />to, nr otherwise trigger an Environmental Cleanup.
<br />Buttoner shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous
<br />Substances, ur threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, nor allow
<br />anyone else to du, anything affecting the Property (a) that is in violation of any Environmental Law, (b) which
<br />creates as F,nvirmmcNal Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance,
<br />creates a condition [list adversely affects the value of the Property. The preceding two sentences shall not apply to
<br />the presence, use, ur sloingo, un the Property of small quantities of Hazardous Substances that are generally
<br />recognized to be appropriate to normal residential uses and to maintenance of the Property (including, but not
<br />limned lo, hazardous substances in consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or
<br />other action by any governmental ur regulatory agency or private party involving the Property and any Hazardous
<br />NLBK%SKA —S.,ju Fmnlly— FVnnie>lne /Freddie Mar I�NIFORNI INSTRUNIENI' Fnrm 30281/01
<br />re,tHain rl'age l0 ofI pugcyl
<br />oocmxcw.vvx a /te /x111
<br />
|