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<br /> in tlie Propexty and rights nnder this Security Instrument; and (d) takes sueh acCion ae Lender may
<br /> rensonably cequire to assure that Lender's inCeresC in tfie Property and rights under this Security'Instrumenc,
<br /> :uid Borrower"s obligation to pay the sums secared by this Seeurity Ivstrumeut, shall wntinue unchanged,
<br /> Lender may xequire Chat Borrower pay sueli reinsYatement swns aild expenses in one or more of tlie following
<br /> forms, as selected by Lender; (a) cash; (h) money order; (c) cectified check, bank check, treaeurer's cl�eck or
<br /> cashier's cl�eck, provided any sucli check is drawn upon an insCiCUtion whose deposits ue insured by a
<br /> federai ngency, instrumentality or enCiCy; or (d) Blectronie Fmids Transfer. Upon reinstatement by Borrower,
<br /> this Security InstrumenC and obligations secured hereby shall remain fully effective a5 if no acceleration had
<br /> occurred. However, this right to reinstaYe sliall no[apply in the case of accelcxation under Sechion 18,
<br /> 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial inlerest in the
<br /> Note(together wiCh this Secuiity Instrument) can be sold one or more times withouC prior noeice to
<br /> Borrower. A sale miglit result in a change in the enCity (known as the "Loart Servicer") that collects Periodic
<br /> Payments due under the Note and this SecuriCy Inslrument and performs oYher mortgage lotm servicinE
<br /> obligntions under the Note, this SecuxiCy Instrument, and Applica6le Law, There also might bc one or moee
<br /> changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer,
<br /> Borrower will be given writCen notice of tlie chavge wl�icl�will state the name and address of flie new Loan
<br /> Servieer, tlie address to whicli payments should be made and any other informaeion RESPA xequires iii
<br /> comiection with a notice of transfer oP sc�vicing. If the Note is sold and theieafter die L,oan is serviced by a
<br /> Loan Servicer other than Che purchaser of the NoCe, the moctgage loav servicing obligations Co Borrower wil]
<br /> remain witfi the Loan Servicer or be Cransferred to a successor Loan Servicer and are not assumed by the
<br /> NoCe purchaser unless oCherwise provided by tl�a Note purchaser.
<br /> Neither Borrower nor Lender may commence,join, or Ue joined to any judicial action(as either an
<br /> individual litigant or the member of a class) that arises Yrom the othex parfy's actions pursuant to this
<br /> Security InstrumenC nr Yl�at alleges that the other party has breached any provision of, or any duty owed by
<br /> reason of, ffiis Security Instxwnent, until sueh Borrower or Lender has uotified tl�e other party (with sucl�
<br /> notice given in compliance with the requiraments oP Seetion 15) of such allaged breach and af'1'orded t6e
<br /> otherparty hereCo a reasonable period after�e giving of sucli notice to tuke correcCive acCion. If Applieable
<br /> Law provides a time period which must elapse befote certain aoCion can be taken, that time period will be
<br /> deemed fo be reasonable for puxposes of this paragraph. Tha notice of acceleration avd opportunity to cure
<br /> given to Borrower pursuant to Seetion 22 and Yhe noYice of acceleiation given Co Borrower pursuanY tc�
<br /> Scction 18 ehall be deemed to saCisfy the notice and oppoTtunity to take corrective action provisions of this
<br /> Section 20,
<br /> 27. Hazardous Substances. As uaed in this Section 21: (a) °Hazurduu,s Substances"are thosa subsYanees
<br /> defined as toxic or hazardous suhstances, pollutants, or waetes by Environmental Law and tCie following
<br /> subs[ances: gasoline, kerosene, other flammable c�r toxic peCroleum produeCs, toxic pesticldes and herbicides,
<br /> volatile solvents, m�tterials containing asbestos or Pormaldehycle, and radioactive mlterials; (b)
<br /> "EYzvironmentul Law"means'Cederal laws and laws of tlie jurisdiction where the Proge�ty is located that
<br /> relate to liealth, safety or environmental protection; (c} "Environmer��tal Clenroup"includes any response
<br /> action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environtner�tal
<br /> Cnnclition"meti2ns a eondition tliat can causc, conCribuCe Co, or otherwise frigger an Environniental Cle�uup,
<br /> Rorrower shall not cause or permit tl�e presence, use, disposal, storage, or release of any IIazardous
<br /> Suhstances, or tlireaten to release any Hazarctous Substances, on or in the Property. Borrowe[ sl�all noC do,
<br /> nor allow anyone else to do, anything affecling the ProperCy (a) Uiat is in violation ot`amy EnvironmenCal
<br /> L2w,{b) which creates an Euvironmental CondiCion, or (c) wl�ich, due to the presence, use, or relaase of a
<br /> Hazardous Substance, creates a condition tliat adveisely afFecCS the value of the Property. The preceding two
<br /> 231188
<br /> NCBF�SKFl-Single Femily-Fennle MaelFreddle Mec UNIFORM�INSTPUMENT fvrm 30261/01
<br /> VMP(�n VMP6�NE111106)
<br /> Wol[ers Kluwer Flt�anolal Servl¢as Popv 19 of 1]
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