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200908793
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Last modified
11/4/2009 3:08:31 PM
Creation date
11/4/2009 3:06:44 PM
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DEEDS
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200908793
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200908'793 <br />such reinstatement sums and expenses in one pr more of the following forms, as selected by Lender. (a) cash; <br />(b) money order; (c) certified check, bank check, #reasurer's check or cashier's check, provided any such check <br />is drawn uppn an institution whose deposits are insured by a federal agency, instrumentality yr entity; or <br />(d) Electronic Funds Transfer. Upon reinstatement by Harrower, this Security Instrument and obligations <br />secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate <br />shalt not apply in the case of acceleration under Section 18. <br />2a. Sale of Nate; Change of Loan Servicer; Nokice of Grievance. The Note ar a paRial interest in <br />the Nate (togetherwi#h this Security Instrument} can be sold one or mare timeswi#hout prrornoticeta Barrawar. <br />A sale might result in a change in the entity (known as the "Loan Servicer") that collects Periodic Payments due <br />underthe Note and this Security Instrument and performs other mortgage Ivan servicing obligations underthe <br />Nate, this Security Instrument, and Applicable Law. There also might be one ar more changes of the Loan <br />Servicer unrelated to a sale of the Nate. [f there is a change of the Loan Servicer, Horrouver w71 be given written <br />notice of the change which will state the Warne and address of the new Loan Servicer, the address to which <br />payments should be made and any other information RESPA requires in connection with a notice of transfer of <br />servicing. Ifthe Note issald and thereafterthe Loan is serviced bye Laan Servicerotherthanthe purchaserof <br />the Note, the mortgage loan servicing obligations to Borrower will remain with the Loan Servicer or be <br />transferred to a successor Loan Servicer and are oat assumed by the Nate purchaser unless otherwise <br />provided by the Nvte purchaser. <br />Neither Harrower nor Lender may commence, join, or be joined to any judicial action (as either an <br />individual litigant ar the member of a class) that arises from the ether party's actions pursuant tp this Security <br />Instrument orthat alleges that the other party has breached any provision of, or anyduty owed by reason vF this <br />Security Instrument, until such Harrower or Lender has notified the other party {with such notice given in <br />compliance with the requirements of Section 15) of such alleged breach and afforded the other party hereto a <br />reasonable period after the giving of such notice tp take corrective action. if Applicable Law provides a time <br />period which must elapse before certain action can betaken, that time period will be deemed to be reasonable <br />for purppses of this paragraph. The notice of acceleration and opportunity to cure given tp Harrower pursuant to <br />Section 22 and the notice of acceleration given tp Harrower pursuant to Section 1 t3 shall be deemed to satisfy <br />the 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 ar hazardous substances, pollutants, ar wastes by Environmental Law and the <br />following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and <br />herbicides, volatile solvents, materials containing asbestos ar formaldehyde, and radioactive materials; (b) <br />"Environmental Law" means federal laws and laws of the jurisdiction where the Property is Located that relateto <br />health, safety or environmental protection; (c) "Environmental Cleanup" includes any response actin, remedial <br />action, or removal action, as defined in Environmental Law; and (d) an "Environmental Condition" means a <br />condition that can cause, con#ribute to, nr otherwise trigger an l=nvironmental Cleanup. <br />Harrower shall not cause or pemtit the presence, use, disposal, storage, or release of any Hazardous <br />Substances, orthreaten to release any Hazardous Substances, on ar in the Property. Borrower shall not dp, War <br />a11ow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental Law, <br />(b} which creates an Environmental Condition, ar (c} which, due to the presence, use, or release of a <br />Hazardous Substance, creates a condition that adversely affects the value afthe Property. The preceding two <br />NHB5L48KA Single F'emity-Fannie Mae/Fredd~e Muo UN1FOtiM ~NS7RLIMF.NT (Page t0 cr i2} <br />NepYaeka Dead of Tru9t $028 <br />wE pd7 01101 <br />
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