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<br />L.oan Servicer, the address to which payments shauld be made and any other information RESPArequires in connection with
<br />a notice of transfer of servicing. If the Note is sold and thereafter the L,oan is serviced by a I.oan Servicer other than the
<br />purchaser of the Note, the mortgage ]oan servicing obligations to Borrower will remain with the Loan Servicer or be
<br />transferred to a successor L,oan Servicer and are not assumed by the Note purchaser unless otherwise provided by the Note
<br />purchaser.
<br />Neither Borrower nor L.ender may commence, join, or be joined ta any judicial action (as either an individual
<br />litigant or the member of a class) that arises from the other party's actions pursuant to this Securit� Instrument or that alleges
<br />that the other party has breached any provision of, or any duty owed by reason of, this Security Instrument, until such
<br />Borrower or I.ender has notified the other party (with such notice given in compliance with the requirements of Section 1 S)
<br />of such alleged breach and afforded the other party hereto a reasonable period after the giving of such notice to take
<br />corrective action. If Applicable Law provides a time period which must elapse before certain action can be taken, that time
<br />period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and opporiumty to cure
<br />given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to Section 18 shall be
<br />deemed to satisfy the notice and opporiunity to take corrective action provisions of this Section 20.
<br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances
<br />defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline,
<br />kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials
<br />containin� asbestos or formaldehyde, and radioactive materials; (b) "Environmental Law" means federal laws and laws of
<br />the jurisdiction where the Property is located that relate to health, safety or environmental protection; (c) "Environmental
<br />Cleanup" includes any response action, remedial action, or removal action, as defined in Environmental L.aw; and (d) an
<br />"Environmental Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup.
<br />Borrower shall not cause ar permit the presence, use, disposal, storage, or release of any Hazardous Substances, or
<br />threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, nor allow anyone else to do,
<br />anything affecting the Property (a) that is in violation of any Environmental I.aw, (b) which creates an Environmental
<br />Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance, creates a condition that adversely
<br />affects the value of the Property. The preceding two sentences shall not apply to the presence, use, or storage on the Property
<br />of srnall quantities ofHazardous Substances that are generally recognized to be ap�ropriate to normal residential uses and to
<br />maintenance of the Properiy (including, but not limited to, hazardous substances m consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other action
<br />by any governmental or regulatory agency or private party invnlving the Property and any Hazardous Substance or
<br />Environmental I.aw of which Borrower has actual knowledge, (b) any Environmental Condition, includin� but not limited to,
<br />any spilling, leaking, dischar�;e, release or threat of release of any Hazardous Substance, and (c) any condition causedbythe
<br />presence, use or release of a Hazardous Substance which adversely affects the value of the Property. IfBorrower learns, or is
<br />notified by any governmental or regulatary authority, nr any private party, that any removal or other remediation of any
<br />Hazardous Substance affectin� the Property ts necessary, Borrower shall promptly take all necessary remedial actions in
<br />accordance with Environmental Law. Nothing herein shall create any obligation on I.ender for an Environmental Cleanup.
<br />NON-LTNIFORM COVENANTS. Sorrower and I.ender further covenant and agree as follows:
<br />22. Acceler�tion; 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 />reqnired to care the default; (c) a date, not less than 30 days from the date the notice is given to Sorrower, by which
<br />the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice may
<br />result in acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shall
<br />further inform Borrower af the right to reinstate after acceleration and the right to bring a court acdon to assert the
<br />non-existence of a default or any other defense of Borrower to acceleration and sale. If the default is nat cured on or
<br />before the date speci�ed in the notice, Lender at its option may require immediate payment in full of all sums
<br />secured by this Security Instrument without further demand and may invoke the power of sale and any other
<br />remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing the
<br />remedies provided in this Secdon 22, including, but not limited to, reasonable attorneys' fees and costs of title
<br />evidence.
<br />Tf the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of
<br />the Property is locatcd and shall mail copies of such notice in the manner prescribed by Applicable Law to Borrower
<br />and to the other persons prescribed by Applicable Law. After the time required by Applicable Law, Trustee shall
<br />give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, without demand
<br />on Barrower, shall sell the Property at public auction to the highest bidder at the time and place and under the
<br />terms designated in the notice of sale in one or more pareels and in any order Trustee determines. Trustee may
<br />postpone sale af all or any parcel of the Property by public announcement at the time and place of any previously
<br />scheduled sale. Lender or its designee may purchase the Property at any sale.
<br />Upon receipt af payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying
<br />the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made
<br />therein. Trustee shall apply the praceeds of the sale in the following order: (a) to all costs and expenses of exercising
<br />the power of sale, and the sale, inclnding the payment of the Trustee's fees actually incurred and reasonahle
<br />attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this Security Instrument; and (c) any
<br />excess to the person or persons legally entitled to it.
<br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />re-convey the Property and shall surrender this 5ecurity Instrument and all notes evidencing debt secured by this Security
<br />Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it.
<br />Such person or persons shall pay any recordation costs. Lender may charge such person or persons a fee for reconveying the
<br />Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is
<br />perm�tted under Applicable Law.
<br />24. Substitute Trustee. I.ender, at its option, may from time to tirne rernove Trustee and appoint a successor
<br />trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Securiry Instrument is
<br />recorded. Without conveyance ofthe Property, the successor trustee shall succeed to all the title, power and duties conferred
<br />upon Trustee herein and by Applicable Law.
<br />25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's
<br />address which is the Property Address.
<br />NEI312ASKA—Single Family--Fannie Mae/Freddie Mac UNiFORM INSTRUMENT
<br />12439.CV (1/D8) 904737
<br />(MERS) F"orm 3028 1/Ol (page 7 of 8 pages)
<br />Creative Thinking, ine.
<br />GOTO(0013d989)
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