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201107695
<br /> In tlae Property and xighCS undex Chis Security Instrument; a¢d (d) takes sucl�action as I,ender may
<br /> reasona6ly require to assure that Lender's interesC in fhe Property and rights under this Security Instnmient,
<br /> and Borrower's obligntion to pay the sums secured by this Securiry Instrument, shall �oncinue unchanged.
<br /> L,ender may require ihat Borrower pay such reinstatement sums and expenses in one or more of tlie followii�g
<br /> forms, as selected by I.ender: (a) cash; (b) money order; (c) ceMified check, huilc cheek, treasurer's check or
<br /> cashier's check, provided any such check is drawn upon an institution whose deposits are insured Uy a
<br /> federal agenoy, instrumentaliCy or entity; or (d) Eleetronic Funds 'fransfer. Upon reinstatement by Borrower,
<br /> this Security InsGume¢t and obligations secured hereby shall remain fully effective as if no accaleraCion had
<br /> occurred. However, [his right to reinstate shall not apply in the case of acceleration under Seetion 18.
<br /> 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. Tlic Note or a parCial inceres( Iri fhe
<br /> Note (together wiCh Chis Sccurity Instrument) can be sold one or moxe times witl�out prior notica to
<br /> Borrower. A sale might result in a change in Che enCily (lmown as the "Loan� Ser'vicer") that oollects Periodic
<br /> Paymenhs due mider tlie Note and tliis Secmity InsCrumenY and performs other morCgage loan servicing
<br /> obligations under the Note, thls Security Instxument, aud Applicable Law. Tliere also might be one or more
<br /> ehanges of the Loan Servicer unrelaCed to a sale oP the Note. If there is a cliange of the I.oan Servicer,
<br /> Borrower will be given written notice of the changc which will state the name and address af the new Lotm
<br /> Servicer, tlie address to which payments should be made ancl any olher information RESPA requires in
<br /> comiaction witli a notice of tranafer of servicing. It'Che Note ie sold and thereafCer Che Loan is serviced by a
<br /> Loan Service�other [han the puxcl�asee of tlie Note, the morCgage Foan servicing obligations to Rorrower will
<br /> remain with the Loan Servicer or be transferred to 18uccessor Loan Servicer and are noC assumed by Che
<br /> Note purchaser unless otherwise provided by the Note purchaser.
<br /> NeiCher Borrower nor Lender may commence,join, or Ue joined to any judicial action (as either an
<br /> Individual litiganl or the member of a class) that arises from the other partq's actious pursuant to this
<br /> Seeurity Ii�strumenC or ChaC alleges thaC fhe other parCy has breached any provision of, or any duty owed by
<br /> reason of, this Security Instrmnent, nntil such Borrower or Lender has notif'red the oCher party (with sueh
<br /> notice given in conzpliance�vith the requiiements of Section 15) of auch alleged breach and afforded che
<br /> other parry hereCo a xeasonable pexiod aYCer Uie giving of such notice to take corrective action. If ApplicaUle
<br /> Law provides a time period which musC elapse betbre certain action can be taken, that time period will Ue
<br /> deemed m be reasonable for purposes of this paragraph. The notice af acceleration and opportunity to cure
<br /> given to Borrower pursuan[to Sec[iov 22 and tlie notice of acceleration given to Borrower pursuant to
<br /> Seetion 18 shall bc deemed to satisfy the notice and opporhmity to take corrective action provisions of this
<br /> Section 20.
<br /> 21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substmzces° are those substances
<br /> defined as Coxie or hazardous substances, polluCanCS, or wasCes by Environmenkil Law and the following
<br /> substances: gasoline, 1<erosene, other flamma6le or toxic petroleum products, Coxic pesCicides and herbicides,
<br /> volaCile solveuts, n�a[erials co�itaiiling asbestos or formaldehyde, and cadioaetive materiale; (b)
<br /> "Environznental Law"mcans Pederal laws and laws of fhe jurisdiction wl�ere tl�e Pinpei�ty is locaeed tl�at
<br /> relate to healdt, saPety or environmental proCecCion; (c) "Envtronmental Cdeanu�" iiicludes any respo¢se
<br /> accion, remedial action, or removal action, as deflned in Bnvironmental Law; and (d) an "Envtron�ne�idal
<br /> Condizion"means a condition thaC can cause, coutribute to, or olherwise trigger an EnvironmcuCal Clcanup.
<br /> Borrower shall noC eause or permit the presence, use, disposal, storage, or �elease of any Haz.udous
<br /> Slibstances, or tlu�eaten to release any Hazardous Subs[ances, on or in the Property. Sorrower shall uoC do,
<br /> nor allow aiiyone else Eo do, anything affecting the ProperCy (a) thaC is in violation of any Fnvieonmental
<br /> Law, (b) which creates an Environmenkil Condi[ion, or(c) wliicli, due to ffie presence, use, or release of a
<br /> Hazardous SubsYanee, creates a condiCion Chat advcrsely affects the value of the Property. Tl�e preceding two
<br /> 2oi�ea
<br /> NEePASICA-Sinc�le Family-Fennle MaelFretlAle Mec UNIFORN7 1NSTRUMENT Form 3020 1/01
<br /> VMP� VMPGME)111061
<br /> Wolters Kluwer Pinanciel Sarvlcas . an�e 1:1 nf 1%
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