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200209160 limits will be refmded w Borrower. Leadermay chowetumake r by making a direct payment to Borrower. if a refund reduces constitute a waiver of any light of action Borrower nuglit have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Bon'ower in correction with tits Secmlty Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by wheritems. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall prompptlyy notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Bonrower'schangeofaddress, then Borrower shall only report a changenf addre ss through that specificelprocedurc There may be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to i cr der's address stated herein unless Lender has designated another address by notice in Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender mail actually received by Lender_ if any notice required by fins Security Instrument is also required wider Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement Eider this Security Instrument. 16. Governing Law; Severabifity; Rules of Construction. 'Phis 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 Sa:nnty Instrument are mbiect to anvreoui cments and limitations ofAwdicable Law. Applicable Law mieht exnlicitly or -m that any provision or clause of this! affect other provisions of this Security As used in this Security Instrument. (a) words ofthe masculine gender shall mean and inhale crnrespondingneulcr words or words of the tcminine gender, (b) words m the singular shall mews mid include the plural and vice versa; andd (c) the word "may" gives sole discretion without any obliggation to take any action. 17. Borrower's Copy. Burrower shall be given one copy of the Now and of this Security Instrument. 18. Transfer of the Property or a Beneficial interest in Borrower. As used in ins Section l8, "Intel est untie Property" means any legal or beneficial interest in the Property, including but not limited lo, those beneficial interests transferred in a bond far 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 part m ofthe Property or y Interest in the Property is sold or transferred (or SBorrower is not a natural person and a berie real interest in Borrower is sold or transferred) without Lender's pour written consent, Leader may requite immnediale pa meat in full of all sums secured by this Security Instrument. Ffowever, this option shall not he exercised byy Lender if such exercise is prohibited by Appbcable Law. I'Lenderexereises this option, Lender shall give Borrower notice ofaccdcratiov Therameeshallprovideaperiod of not less than 30 days from tie date the notice is given in accordance with Section 15 within which Borrower must pay all ms su secured by this Security Instrument If Borrower fails to pay these sums pnor to the expiration oftns period, Lender may invoke any remedies permitted by this Security In timuent without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. IfBorrowermeets certain conditions, Borrower shall have the right to have enforcement of this Security fast anmt discontinued at any time prior w the earliest of (a) five days before sale of the Property Pursuant to any power of sale contained in this Security Instrument; (b) such other period as Apphcable Law mighty emfy for the Wm n uofRurruwer 's right to, cloture,or(c) entry ofajudrnent enforcing this Security hstrwnen[. Those conditions are that Borrower: (a) pays Lender all scans which then would be due under this Security Instrument and the Nute as if no acceleration had occurred; (b) ewes my default of any otter covenants or agreements; (c) pays all exppeases incurred I enforcing do' Security Inslrwnem, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred For the purpose of protesting Lender's interest in the Property and n&tmLS order this Security InsYmnew; and (d) takes such aetim as Lender may reasonably require w assure that Lender's mhaest in the Property and -hh s under this SLwm y Insmw mid, and Borrower's obligation w pay the sums seemed by this Security Instrument, shall continue unchanged. Lm der may require that Borrower pay such reinstatement sums and expenses in one ur moreof the following forms, as selected bq -Lender: (n) cash; (b) money order; (e) certified check, bank check, treasurer's check or cashier's check, provided my such check is drawn on an institution whose deposits are insured by a federal agmuy, ivammumtalry or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby shall remain fifty effective as if no acceleration had assumed. However, this right to reinstate shall nut apply in the case of acceleration under Section 18. 26. Sale of Note; Change of Loan Services Notice of Grievance. The Note or a partial interest in the Note (together with this Security Instrument) can be sold one or more times widhoutppfor notice to Borrower Asalemightrecult m a change in the entity (known as the "Loan Servicer ") that coH.t, Periodic Payments due under the Note and this Security hhstruhneat and performs other mortgage loan servicing obligations under the Note, this Seounty Instrimieut, and Apphcable Law. There also in t be one or more changes of the Loan Servicer unrelated N n sale of ire Note. Iftnere is a chmige of the Loan Servicer, Borrower will be given written notice came change which will state the name and address of the new Loan Servicer, the address to which payments should be made and any other nifommtion RESPAregwres m connectiwhwith a notice of transfer of servicing_ Ifthe Note is sold and thereafter the Loan is scrvicrd by a Luan Servicer otter drum the purchaser of the Note, the mortgage loaf servicing obligations to Borrower will remain with the Loan Servicer or be transferred to a successor Loran Servicer and arc notassi mcd by the Note pachm erwiless otherwise provided by the Note purchaser. Neither Rorro cr nor Lender may comurnenee, join, w be joined to any judicial action (as either an individual mar me omen parry nas oreamea any provis on o1, or any out) owes oy reason our, Eras oeeunry Hemm con, mill] eucn Borrower or Lender has notified the other party (with such notice given in compliance with the requircmcnts of Section 15) of such alleged breach and afforded ire 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 he lakem, that time period will he deemed to be reasonable for purpmacs of "a pa alit aph. The notice of acceleration and opportunity to care gnvea to Borrower ppursuant to Section 22 and this notice of acceleration given to Borrower purmml to Section 18 shall be deemed w satisfy the notice and opportunity to take coriective action provisions of this Section 20. 21. Hazardous Substances. As used in this Section 21: (a) "I lazardnus Substances" arc those substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and thetbtowutg substances: gasolme, kerosene, other flammable or toxic petroleum products, tome pesticides and herbicides, volatile solverda materials containing asbestos or formaldehyde, and madioactive materials; (b) `Envirmmrental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or environmental poncotiom, (c) "Environmental Cleanup" includes my response action, remedial action, or removal action, as defined in Environmental Law; and (d) an °Environmental Condition' means a cundihun that can cane, mntiibute to, of otherwise rugger m Environmental Cleanup. 6EBRA8RA- Slagle F.dy —FarWe Mae /FvNJdie Maw UNIFORM IN81'RUMENT Form3028 1 /01 n�oge fin /Apogee) 9754 .CV(I /N) 159NW) QOTO(0003WN)