N�U-25-2011 15:29 From: To:818774�2996� P.13�20
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<br />in tl�e Propeity and ri�hts under this 5et:urity Instrument; and (ct) takcs such actian as Lender may
<br />reasonably rcquire to �ssure that Lender's interest in the I�roperty and right3 und�r fl�is Securiry Instrumcnt,
<br />aad Barrower's bbli�ation to pay th�: sums secured by this Sc�urity instrument, sh�il continue urtehst►ged.
<br />Lcndcr may require that Barr�wer pay such rcinstatement sums and exp�nst:,e in one or more of the fallawing
<br />forms, :� scl��eted by Lender: (a) eash; (b) money �rcler; (e) cenified check, bank check, tr�:asnrer's check or
<br />c��shier's check, prnvided any such �he.�ek is drawa u�n ;�ri instilutian whose deposits are instueci by a
<br />federal sgen�y, instrurnentaliry or entity; or �tl) �lectronic Funds Trwsfer.. U�ion rcinatatement by Borrower,
<br />this Security Instnzmeat wd obligations secured hert;by sttali remaiu fully effective as if. nc� ae�eleration had
<br />c�ccurred. However, th►s right to reinstate shall not apply in the case v� at;ccicratian under Section 18.
<br />20. Sale of Nate; Chanae of Loan �ervicer; Notice of Grievancse. '1`tie Note or a putial inlerest in the
<br />Note (tagether with this S�qurity Instrumen�) can he sold one ar more times withc�ut prior notice to
<br />�kirrnwer. A sale uught result in a change in the entity (knpwn a.g thc "l:va�t Servicer") that callects Pcripdic
<br />Payments due under tltc Note and t,his Security Instrument and performs other mpr��a�c loan servicing
<br />c�hligatic7ns under t1�e Note. thi;e 5ccurity Instru�►ent, antl AppiicaUle Law. T'l�ere also mighi be orta or rnore
<br />changes of lhe Lpaut Servicer unrel aled tg a�ale of the Note. If there is a change c�f� the Loan Servicer,
<br />�orrower will ba given written uotice of the change whieis will state the name and address oC the ncw Loaa
<br />Servir;er, th� address to which paymcnts should be made and any Qther intonnation 1tE5PA requires in
<br />conn�tion with a ntrlicC of transfer of servicing, lf the Note is soid and thereafter lhe Lsaan is scrviced t�y a
<br />L.aan Servicer other than the purchaser af the Note, lhe mt�rtgagc loan servicing abligations tv BorrnwCr will
<br />remain with the Lodn Servicer or be transf�rred ta a successor Low Servicer and �re nol acsumed by tt►e
<br />Nptc: puecliaser unless other.wise prr��ided by the Note purch�.�or.
<br />NeitUer Borrower nnr Lcndcr may commenCe J4tA, s�r be juined to any judici�l action (as eith�r an
<br />individu:�l litigant or the member of a clsss) that arises fram the other party'� 2�c:Cipns �ursuant ta t1�is
<br />Security Instrument c�r that alleges that the olhcr parry has breached any provision of, or any duty awccl by
<br />rcason of, this Security Instrumc:nt, until such Borrower Qr x.entler h�,4 notitied tt�c other p�trrty (with such
<br />ndtiu: givcn in eornpliance tivith the rcguircrnents of Section 15) of such a1le�ed bre;�:h anti a[fordec� the
<br />other p:uty hereC� t� r�a.sonable period after the giving ot sueh aotice to take correcti�e lction. If A�(+lit.abi�
<br />Law provides a time pericxt which must elapse before certain acti�n �:�r► bc takcn, that tune period will be
<br />ri�;c:mcd to bc reasonable for purpr�se,� c�f this paragnph. The notice of accelerativn and o��wrtunity cq eure
<br />given to Borruwcr �ursuant to Se.�tion 22 and the nocice of aeceleration �iven t� Borrower pursuant ko
<br />Section 18 sht�ll be deemeci t� satisfy tl�e notice and op�ortunity lo tak� c�rn;Ctiv� a�tinn pravisions of this
<br />SCt;tiprt ZQ.
<br />21. Hazardous Suhstanc�s. As us�rl in this Section 21: (a) "Hazardvus Substunee.s" ;� lhqsc; suhs[ances
<br />de�necl as t�axie or hazatdous substances, pvllutants, or wastes by L�nviroamental Law and the followin�
<br />substances: rasoline, kerosen�, ather fla�nmable or toxic petroleum produet3, tpxic pt;slicici�s and hcrUieides,
<br />v�latite t:olvcnts, materials containing asb�.g��s or formaldel�yde, and radioactive materials; (b)
<br />"�i�vironnm.��rual Law" m�ns federallaws wd laws c�f the juriscticiicm wher4 the Prpperty is lasated that
<br />relate ro health, safety or envimnm�ntal proteetion; {c) "Environmentat Cteanup" includes any resperosc
<br />aS;tiun, remccli� action, or removal action, ax cicfined in Environmeata! Law; and (d) an "Enviranmcntal
<br />Coridition" means a cc�ndition that can cause, contribute tv, o.r Utherw�se trigg�;r dn EnvironmGntal Cleanup.
<br />Bt?rrqwCr Sh;�ll nat eause or germit the pr�s�nr,C, use, dispossl, storage, or release of any Haz3rdous
<br />Subst�nces, or tbreaten ta relcase any I�aaz�udous Substances, on c�r in the f'mpcny. &mowcr ahail not do,
<br />nor allow anyane else tv do, anythin$ aCl'CCting the Property (a) that is in vioTation of any Environment��l
<br />Law, (b) which �rc3tc.s an Enviranmental Condition, or (c) which, �.ue to �hc: �r�scnco, uec, ar rElcase of a
<br />Hazardons Substance, creutes a c:anciieion that adversely affects the v:ilue of the Properry, The preceding tw�
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<br />11/25/2011 12:32PM CGMT-07:00)
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