200206926
<br />Leader may require that Borrower pay such reinstatement sums and expenses in of the following
<br />one a mom
<br />Corms, as selected by Lender: (a) wsb; @) money order, (c) certified check, bank check, treasurers check or
<br />cashier's check, provided any such cheek is drawn upon an institution whose deposits are insured by a federal
<br />agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security
<br />Instrument and obligations secured hereby shall remain Cully effective as if no acceleration Iced occurred .
<br />bloweveq this right to reinstate Quill not apply in the case ofacceleim an under Section IS.
<br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. Hie Note or a partial interest in the
<br />Note (together with this Security Instrument) can be sold one or more times without prior notice to Borrower. A
<br />%ale might result or a change in the entity (known as the "Loan Serviee2') that collects Periodic Payments due
<br />under the Note and this Security instrument and performs other mortgage loan servicing obligations under the
<br />Nom, this Security Instrument, and Applicable Law. There also might be one or more changes of the Loan
<br />Son mer unrelated to a sale of the Note. If there is a change of the Loan Service, Borrower will he given written
<br />notice of the change which will state the name and address of the new Loan Serviax, the address to which
<br />payments should be made and any other information RFSPA requires in connection with a notice of transfer of
<br />Qua. If the Note is sold and thereafter the Loan is serviced by a Loan Scrviccr other than the purchaser of the
<br />Nom, the mortgage loan servicing obligations to Borrower will remain with the Loan Scrviccr or be transferred to
<br />a successor Loan Servicers and are not assumed by the Note purchaser unless otherwise provided by the Note
<br />purchaser.
<br />Neither Borrower nor Lender may commence, jam, 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 />hrsmument or (bat alleges that the other parry has breached any provision of, or any duty owed by reason of, this
<br />Security Instrument, until such Borrower or Lander has notified the other pony (with such notice give[ in
<br />compliance with the requirements of Section 15) of such alleged breach and aff rded the other party hereto a
<br />reasonable period after the giving of such notice to take corrective action. If Applicable Law provides a time
<br />period which must elapse before certain action can be taken, that time period will be deemed to be reasonable for
<br />purposes of this paragraph the uotiee of acceleration and opportunity to cure given to Borrower pursum( to
<br />Section 22 and the notice or ancelera inn given to Borrower pursuant to Section 18 shall be deemed to satisfy the
<br />notice and 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
<br />. substances defined as toxic or hazardous substances, pollutants, o r wastes by Environmental Lew and the
<br />following substances_ gasolinq kms
<br />oene, other flammable or toxic petroleum products, toxic pesticides and
<br />herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials, (b)
<br />Trivironmen(al Law" means federal laws and laws of the junsdiotion where the Property is located that relate to
<br />health, .safety or environmental protection. (c) 'Tavvormnotal Cleanup" includes any response action remedial
<br />action, or removal action, as defined in Fnvironmentnl Law; and Lf an "Environmental Condition" means a
<br />condition that can cause, contribute to, or muuwse trigger an Environmental Cleanup.
<br />Borrower 'hall net cause or permit the presence, use, disposal, smmgc, or release of any Hazardous Substances, or
<br />threaten to release any Hazardous Substances, on min the Property. Borrower shall not do. nor allow anyone else
<br />to do, anything affecting the Property (a) that is in violation of any Fnsurinmemm law, (b) which creams an
<br />Environmental Condition. or (c) which, due m the presence, use, or release of a Hamrdow Substance, creates a
<br />condition that adversely affects the value of the Property the prmeding two sentences shall not apply to the
<br />presence, use, or storage on the Property of stall quantities of Hazardous Substances that are generally recognised
<br />to he appropriate to normal residential uses and to maintenance of the Property (including, but not limited m,
<br />Interactions substances in consumer products).
<br />Initials..
<br />60flarxmi Pugc 1201 IS Fon¢302a 1 0
<br />
|