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200500070
<br />13. Transfer of the Properly or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the
<br />Property" means any legal or benefici interest in the Property, including, but not limited to, those beneficial interests transferred in
<br />a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of file by
<br />Borrower at a future date to a purchaser.
<br />If all or any part of the Property or any Interest in the Propert yy is sold or transferred (or M Borrower is not a naturnl PFarson and a
<br />inofull of all sums secured by ith s sold
<br />Security Instrum nth However, this written consent Lander
<br />all not be exercised byrLLander ff suchaexerciseeIs
<br />prohibited by Applicable Law.
<br />It Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less
<br />than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by
<br />this Security that Instrument. If IIf Borrower r fwithout ils to payy these sums
<br />or prior
<br />emantl a Burrower of this period, Lander may invoke any remedies
<br />Borrower's
<br />are trial worrower: tat pays
<br />acceleration had occurred; (L
<br />this Security Instrument, inch
<br />tees incurred for the purpose
<br />such action as Lender may
<br />Instrument, and Borrowers o
<br />require that Borrower pa yy Sul
<br />cash; (b) money order; (c) c
<br />upon an Institution whose der
<br />rainslatement by Borrower, t
<br />had occurred. However, this
<br />20. Sale of Note
<br />with this Security Instrun
<br />entity (known as the "Lo
<br />other mortgage loan son
<br />more changes of the Lo:
<br />written notice of the char
<br />be made and any other
<br />thereafter the Loan is sr
<br />Borrower will remain wi
<br />baser unless other
<br />instate After Acceleration. It Borrower meets certain
<br />rily Instrument discontinued at any time prior to the earlle .
<br />s contained in this Security Instrument; ( ) such other per
<br />to reinstate; or (c) entry of a judgment enforcing this Sec
<br />all sums which then would be due under this Security
<br />,ny default of any other covenants or agreements; (a) pay
<br />I not limited to, reasonable aaomays' fees, property ins pp(
<br />ling Lenders interest in the Pro perty and rights under I
<br />bly require to assure that Lenders Interest In the Prop
<br />to pay the sums secured by this Security Instrument, shal
<br />dement sums and expenses in one or more of the followir
<br />hack, bank check, treasurers check or cashiers check,
<br />, insured by a federal agency, instrumentality or entry; or
<br />rity Instrument and obligations secured hereby shal reme
<br />sinstate shall not apply In the case of acceleration under S
<br />of Loan Servicer; I
<br />D mid one or more lira
<br />that collects Period,
<br />aions under the Note,
<br />unrelated to a sale of
<br />vill state the name and
<br />T RESPA requires in
<br />or
<br />Is, Borrower shall have the
<br />ive days before sale of the
<br />plicable Law might ssppecify
<br />rumen Those conditions
<br />nt and the Note as If no
<br />miss incurred in enforcing
<br />I valuation fees, and other
<br />Instrument; and (d) takes
<br />rights under this Security
<br />,unchanged. Lender may
<br />as selected by Lender: (a)
<br />any such check is drawn
<br />,nic Funds Transfer. Upon
<br />fective as ff no acclamation
<br />of Grievance. The Note or a partial interest in the
<br />out prior notice to Borrower. A sale might result in a
<br />.ants due under the Note and this Security Instrumen
<br />curl ry Instrument, and Applicable Law. There also m
<br />le. If there is a change of the Loan Servicer, Borrow
<br />s of the new Loan Servicer, the address to which ppa!
<br />tion with a notice of transfer of servicing. If the Nc
<br />s purchaser of the Note, the mortgage loan semi
<br />to a successor Loan Servicer and are not assume
<br />or
<br />purr
<br />Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an individual litigant or the
<br />member of a class) that arises from the other party's actions pursuant to this Security Instrument or that alleges that the other party
<br />has breached any provision of, or any duty owed by reason of, this Security Instrument, until such Borrower or Lender has both
<br />other party (with such notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the other
<br />parry hereto a reasonable period after the giving of such notice to take corrective action. It Applicable Law provides a time period
<br />which must elapse before certain action can be taken, that time period will be doomed to be reasonable for purposes of this
<br />Pam mph. The notice of acceleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice of
<br />accePerahon given to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective action
<br />provisions of this Section 20.
<br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as
<br />toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline, kerosene, other
<br />flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or
<br />formaldehyde, and radioactive materials; (b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property
<br />is located that relate to health, safety or environmental protection; (c) 'Environmental Clean %p' includes any response action,
<br />remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental Condition' means a condition that
<br />can cause, contribute lo, or otherise trigger an Environmental Cleanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances, or threaten
<br />to release any Hazardous Substances, on or ,n the Pro geny. Borrower shall not do, nor allow anyone else to do, anything affecting
<br />the Property a) that is in violation of any Environmental Law, (b) which creates an Environmental Condition, or (c) which, due to the
<br />presence, use, or release of a Hazardous Substance, creates a condition that adversely affects the value of the Progeny. The
<br />preceding two sentences shall not apply to the presence, use, or storage an the Property of small qquantities of azardous
<br />Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the Property (including,
<br />but not limited to, hazardous substances in consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other action by any
<br />governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of
<br />which Borrower has actual knowledge, (b) any Environmental Condition, Including 6ul not limfled to, any spilling, leaking, discharge,
<br />release or threat of release of any Hazardous Substance, and (c) any condition caused by the presence, use or release of a
<br />Hazardous Substance which adversely affects the value of the Property. If Borrower teams, or is notified by any governmental or
<br />regulatory authority, or any private party, that any removal or other remediabon of any Hazardous Substance affecbnq the Property is
<br />necessary , Borrower shall prom fly take all necessary remedial actions in accordance with Environmental L.aw. Nothing herein shall
<br />create any obligation on Lander for an Environmental Cleanup,
<br />NON -UNI FORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following
<br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under
<br />Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action
<br />required to cure the default; (c) a sate, not less than 30 days from the date the notice is given to Borrower, by
<br />which the default must be cured; and (d) that failure to cure the default on or before the date specified in the
<br />notice may result in acceleration of the sums secured by this Security Instrument and sale of the Property. The
<br />notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court
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<br />3028 NE MOT 01N1 Pe!
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