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<br />200702912
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<br />DOC ID #: 00016552167503007
<br />If aU or any part of the Property or any Interest in the Property is IlOld or transferred (or if Borrower is not
<br />a natural perllOn and a beneficial interest in Borrower is IlOld or transferred) without Lender's prior written
<br />consent, Lender may require immediatc payment in full of all sums seeured by this Security Instrument.
<br />However, this option shall not be exemised by Lender jfsuch exemise is prohibited by Applicable Law.
<br />If Lender cxereises this option, Lender shall give Borrower notice of accelerntion. The notiec shall
<br />provide a period of not less than 30 days from the date the notice is given in accordance with Section 15
<br />within which Borrower must pay all Sums secured by this Security Instrument. If Borrower fails to pay thesc
<br />sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security
<br />Instrument without further notiee or demand on Borrower.
<br />19. Borrowu's Right to ReilJState A~r Acceleration. If HO/TOwer meets eertain conditions, Borrower
<br />shall have the right to have enforcetnent of this Security Instrunwnt dillContinued at any time prior to the
<br />earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security
<br />Instrument; (b) such other period as Applicable Law might specifY tor the termination of Borrower's right to
<br />reinstate; or (c) etllry of a judgment enforcing this Security Instrument. Those conditions are that Borrower:
<br />(a) pays Lender all surns which then would be due under this Security Instmment and the Note as if nO
<br />acceleration had occurred; (b) cures any default of any other covenants or agreemcnts; (c) pays all expenses
<br />incurred in entorcing this Security Instrument, including, but not limited to, reasonable attorneys' fees,
<br />property inspection and valuation fees, and other fees incurred tor the purpose of protecting Lender's interest
<br />in lheProperty and rights under thia Security Instrument; and (d) takes such action lIS Lender may reasonably
<br />require to assure that Lender's interest in the Property and rights under this Security Instnunent, and
<br />Borrower's obligation to plIy the sums 900ured by this Security Instrument, shall continue unohanged. Lender
<br />may require that Borrower pay suoh reinstatement sUmS and expenses in one or more of the tollowing forms,
<br />lIS selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's
<br />check, provided any such check is drawn upollall institution whose deposits afe insured by a tederal agency,
<br />instrumentality Or entity; Or (d) Electronic Funds Transfer. Upon reinstatem~"IIt by Borrower, tlus Security
<br />.Instrument and obligationa secured hereby shall retnain fully effective as if 110 acceleration had occurred.
<br />However, this right to reinstate shall not apply in the case ofacceleration under Section 18.
<br />20, Sale of Note; Changt' of wan Servicer; Notice of Grievance. The Note Or a partial inl~-rest in the
<br />Note (together with this Security Instrument) can be sold one or more times without prior notice to Borrower.
<br />A sale might result in a change in the entity (known as the "Loan Servicer") thaI collects Periodic Payments
<br />due under the Note and this Secnrity 11ISlrument and performs other mortgage loan servicillg obligations under
<br />the Note, this Security Instrument, and Applicable Law. There alllO might be one or more changes of the Loan
<br />Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given
<br />written notice of the change which will stale the name and address of the new Loan Servicer, the address to
<br />which payments should be made and any other information RESPA reqlures in connection with a notice of
<br />transler of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan SeIVicer other than the
<br />purchaser of the Note, the mortgage 101lll servicing obligatiollS to Borrower will remain with the Loan Servicer
<br />or be transferred to a successor Loan Servicer and are not assumed by the Note purchaser unless otherwise
<br />provided by the Note purchaser.
<br />Neither Borrower nor Lender may commence, join, Or be joined 10 any judicial action (as either an
<br />individual litigant or the member ofa class) that ariscs from the other party's actions pursuant to rhis Security
<br />Instrument or that alleges that the other party has breached any provision of, or any duty owed by reaSOn of,
<br />this Security Instrumetlt, until such Borrower or Lender has notified the other plIrty (with such notice given in
<br />oomplianO<l with the requirellwnta of Sootion .I 5) of s\lQh alleged breaoh 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
<br />period whieh mll8t clapse before certain action can be taken, thai time period will be deemed to be reasonable
<br />for purposes of this paragraph. The notice of acceleration and opportunity to cnre given to Borrower pnn!\1II11t
<br />to Section 22 and the notice of acceleration given to Borrower pursuant to Section 18 shall be deemed to
<br />satisfy the notice and opportunity to take corrective action provisiol\Jl oflhis Section 20.
<br />21. HlIzardous Substll.nces. As used in this Section 21: (a) "Ha7..ardOUS Substances" are those substances
<br />defined as toxic or hazardous aubstances, pollutant a, or wpstes by Environmental Law and the following
<br />substances: gasoline, kcrosene, other flammable or toxic petroleum products, toxic pesticides and herbicides,
<br />volatile solventli, material a containing asbestos or formaldehyde, and radioactive materials; (b)
<br />"Environnwnral Law" means federsllaws and laws of the juriadicrion where the Properry ialocated that relate
<br />to health, safety or environmental protection; (c) "Environmental Cleanup" includes any response action,
<br />remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental Condition"
<br />llIean~ a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup.
<br />Borrower ahall not cause or permil the presence, use, disposal, atorage, Or release of any Hazardous
<br />Suhstances, or threaten to release any Hazardoua Substancea, on or in the Property. Borrower shall nol do, nor
<br />allow anyonc clse to do, anything alTecting the Property (a) that is in violation of any Environmental Law, (b)
<br />wluch creates an Environmental Condition, or (c) which, dne to the presence, use, or relepsc of a Hazardous
<br />Substance, creates a condition that adversely affects the value of the Property. The preceding two sentences
<br />shall not apply to the presence, use, or storage on the Properly of small quantities of Hazardous Substances
<br />that are generally recognized to be appropriate to normal residential uses and to maintenance of the Property
<br />(including, but not limited to, hazardous substances in consumer products).
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<br />CIIl-8A(NE) (0407)
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<br />CHI.. (08105)
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<br />Pago9ofll
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<br />Fom> 302ll 1101
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