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<br />08/21/2005 04:44 <br /> <br />51929334213 <br /> <br />HLCMV <br /> <br />PAGE 08/31 <br /> <br />200701807 <br /> <br />Law, such contlict ghall not affect other provisions of this Security lnstrument 01' the Debt Instrument which can be <br />given effect withQut tbeconfl~cting provision. <br />As used in this Security Inst:turiJent: (a) words of the masculine gender !lh~ll mean and include <br />correspond:iJ1g neuter words or words of the feminine gender; (b) words i.n the singular shall mean and include the <br />plural and vice veraa; (c) the word "may" gives sole discretion Without any obligation to take any action; and (d) <br />headings that appear at the begjmring of the sections of thiu Security Instrument are inserted for the convenience of <br />the reader only, shall not be deemed to be a part of this Security Instrl1:tnent, and shall not limit, extend, Ot delineate <br />the scope or provisioWl of this Security Instrument <br />15. Borrower's Copy. Borrower shall be given one copy of the Debt Instrument and of this Security <br />Instrument. <br />16. Transfer of the Property or a Beneficial Interest in Borrowe.!'. As used in th.i6 S~tion 16, <br />"Interest in the Ptoperty" means any legal or beneficial interest in the Property, including, but not limited to, those <br />beneficial interests transferred. in a bond for deed, contract for deed, installment sales contract or escrow agreement, <br />tht' intent of which is the trllIlSfer of tide by Borrowet at a future date to a purcwer. <br />If all or any part of tbe Property or any Interest in the Property js sold or transferred (or if Borrower is not a <br />natural person and a beneficial interest in Borrower i$ sold or transferred) without Lender's prior written consent, <br />Lender may require innncdiate payment in full of all sums SCCUted by this Security IDstrllnlent. However, this <br />option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. <br />If Lender t:XeJ:cises this option, Lmder shall give Borrower notice of acceleration. l'he notice shall provide <br />a period of not less than 30 days from the date the notice is given in accordance with Section 13 within which <br />Borrower must pay all sums secured by this Security Instrument. If Borrower fails. to pay these sums prior to the <br />expiration of fhj~ period, Lender may invoke any remedies permitted by this Security lnstrument without. further <br />notice or demand on Borrower. . <br />17, Sale of Debt Instrument; Change of Loan Servicerj Notice of Grievance. The Debt <br />Instrument or a partial interest in the Debt Instrument (together with this Security Instrument) can be sold one or <br />more timcs without prior notice to Borrower. A sale might result in a change in the entity (known as the ''Loan <br />Setvicer") that collects Periodic, Payments due under the Debt Instrument and tbis Security Instrument and.pcrl"onns <br />other moJ'tgage loan servieing obligatiolU under the Debt Instrument, this Security lnstrument, and Applicable Law_ <br />There also might be one or mote changes of tht Loan Servicer unrelated to a ~le of the Debt Instrument. If there is <br />a change of the Loan Service:\', Borrower will be given written notice of the change as tequired by Applicable Law. <br />If the Debt mstrument is sold and thereafter the Loa,). 19 strviced by a Loan Servicer other than the purchaser of the <br />Debt lnstnunent, the nlOJiiage loan SeJ:Vicing obligations to Borrower will leIIlilin with the Loan Servicer or be <br />transferred to II successor 10m Servicer and are not assumed by the purchaser of the Debt Inst.Tum.et.tt unless <br />otherwisc provided by the pm.-chasex- of the Debt Instrument. <br />Neithe:l: Borrower nOr Lender may commence, join, or be joiIwd to any jud*cial action (as either an <br />individuallitig8nt Or the member of a cla8s) that arises from the other party's actions pursuant to this Security <br />lnstrument or that alleges that the other party has breached any provision of, or any duty owed by reason of, this <br />Security Instrument, until such BOIIOwer or Lender has notified the other party (with such notice given in <br />compliance with the requitements of Section 13) of such alleged breach and a.f'Ilm{ed the other party h,e;J:e:to a <br />teasonable period after the giving of such notice to take COtrective action. If Applicable U\W provides a time period <br />that must elapse before certain action C8:Q, be taken, that time period will be deemed to be rea50nable for pUIpOses of <br />thi:! p3.Ngraph. The: notice of acooleration and oppOrtunity to cure given to Borrower pursuant to Section 21 and the <br />notice of acceleration given to Borrower pursuant to Section 16 shall be deetnt:d to satisfY the notice and opportunity <br />to take corrective action provisions of this Section 17. If Borrower and Lender have entered wtQ an agreement to <br />arbitrate disputes. the provjsioI18 of any such arbitration agreement shall supctsede any provision j-a this Section 17 <br />that would conflict with the. arbitration agreement. <br />18. Huardous Snbstances. As used in th.i3 Section 18: (a.) "Hazardo\l$ Substanees" are those <br />SQbstances defined as toxic Ot hazardous substances, pollutants, O( wastes by Environmental Law and the following <br />sub6tances: gasoline, kemsene, other flammable or toxic petroleum ptoducts, toxic pesticides and hetbicides, <br />volatile solvents, materials containing asbestos 0:1: formaldehyde, mold, and tadioactive materials; (b) <br />"Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to <br />health, safety or environmental protection; (c) "Environmeutal Cleanup" includes any te9pOme action, remedial <br /> <br />liilililiiuliiliiilli (SI4/06) <br /> <br />(p6gt. 8 oj' J J p~) <br />Documents PTQccsIlCd 02-(12-2007,15:16:21 <br />