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20��0�754
<br />reinstatement by Borrower, this Security Instrument and obligaflons secured hereby shall remain
<br />fully effective as if no acceleration had occurred. However, this right to reinstate shall not
<br />apply in the case of acceleration under Section 18.
<br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. T'he Note or a
<br />partial interest in the Note (together with this Security Instrument) can be sold one or more
<br />t3mes without prior noflce to Borrower. A sale might result in a change in the entity (known as
<br />the "Loan Servicer") that collects Pedodic Payments due under the Note and this Security
<br />Instrument and performs other mortgage loan servicing obligations under the Note, this Security
<br />Instrument, and Applicable Law. There also might be one or more changes of the Loan Servicer
<br />unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be
<br />given written notice of the change which will state the name and address of the new Loan
<br />Servicer, the address to which payments should be made and any other information RESPA
<br />requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter
<br />the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan
<br />servicing obligations to Borrower will remain with the Loan Servicer or be transfened to a
<br />successor Loan Servicer and are not assumed by the Note purchaser unless otherwise provided
<br />by the Note purchaser.
<br />Neither Borrower nor Lender may commence, join, or be joined to any judicial action
<br />(as either an individual litigant or the member of a class) that arises from the other party's
<br />actions pursuant to this Securily Instrument or that alleges that the other party has breached any
<br />provision of, or any duty owed by reason of, this Security Instrument, until such Borrower or
<br />Lender has notified the other party (with such notice given in compliance with the requirements
<br />of Secflon 15) of such alleged breach and afforded the other party hereto a reasonable pedod
<br />after the giving of such notice to take corrective acflon. If Applicable Law provides a time
<br />perlod which must elapse before certain action can be taken, that time period will be deemed to
<br />be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to cure
<br />given to Borrower pursuant to Secflon 22 and the notice of acceleration given to Borrower
<br />pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective
<br />action provisions of this Section 20.
<br />21. Hazardous Substances. As used in this Section Z1: (a) "Hazardous Substances"
<br />are those substances defined as toxic or hazardous substances, pollutants, or wastes by
<br />Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic
<br />petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing
<br />asbestos or formaldehyde, and radioacflve materials; @) "Environmental Law" means federal
<br />laws and laws of the ,�urisdiction where the Property is located that relate to health, safety or
<br />environmental protection; (c) "Environmental Cleanup" includes any response acdon, remedial
<br />action, or removal action, as defined in Environmental Law; and (d) an"Environmental
<br />Condition" means a condition that can cause, contribute to, or otherwise trigger an
<br />Environmental Cleanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any
<br />Hazardous Substances, or threaten to release any Hazardous Substances, on or in the Property.
<br />Borrower shall not do, nor allow anyone else to do, anything affecting the Property (a) that is in
<br />violaflon of any Environrnental Law, (b) wtrich creates an Environmental Condition, or (c)
<br />which, due to the presence, use, or release of a Hazardous Substance, creates a condition that
<br />�B�$� — Single Family — Fannia Mae/Fraddia Maa UNII+ORM IN3TR[TMLNT Form 30Z8 I/ , � Ol ,,,, � , �
<br />GCC - G302815 (09/Ol) (Page IS of19) Initials: �
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