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� 20010515'7
<br />shall remain fully effective as if no accelerationhad occurred. However, this right to reinstateshall not
<br />apply in the case of acceleration under Section 18.
<br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interestin
<br />the Note (togetherwith this Security Instrument)can be sold one or more times without prior notice to
<br />Borrower. A sale might result in a change in the entity (known as the "Loan Servicer ") that collects
<br />Periodic Payments due under the Note and this Security Instrumentand performs other mortgage loan
<br />servicing obiigationsunder the Note, this Security Instrument,and ApplicableLaw. There also might be
<br />one or more changesof the Loan Servicerunrelatedto a sale of the Note. If there is a change of the Loan
<br />Servicer, Borrowerwill be given written notice of the changewhich will statethe name and addressof the
<br />new Loan Servicer, the address to which paymentsshould be made and any other informationRESPA
<br />requiresin connectionwith a notice of transferof servicing. If the Note is sold and thereafterthe Loan is
<br />servicedby a Loan Servicer otherthan the purchaserof the Note, the mortgageloan servicing obligations
<br />to Borrowerwill remainwith the Loan Servicer or be transferredto a successor Loan Servicer and are not
<br />assumed by the Note purchaser unless otherwise provided by the Note purchaser.
<br />Neither Borrowernor Lendermay commence,join, or be joined to any judicial action (as either an
<br />individual litigant or the memberof a class) that arises from the other party's actions pursuantto this
<br />Securityinstrumenbr that alleges that the otherparty has breachedany provision of, or any duty owed by
<br />reasonof, this Security Instrument,until such Borroweror Lenderhas notifiedthe otherparty (with such
<br />notice given in compliancewith the requirementsof Section 15) of such allegedbreach and affordedthe
<br />other party hereto a reasonable period after the giving of such notice to take corrective action. If
<br />ApplicableLaw provides a time period which must elapse before certain action can be taken, that time
<br />period will be deemedto be reasonablefor purposes of this paragraph. The notice of accelerationand
<br />opportunityto cure given to Borrower pursuant to Section 22 and the notice of accelerationgiven to
<br />Borrowerpursuantto Section 18 shall be deemedto satisfy the notice and opportunityto take corrective
<br />action provisions of this Section 20.
<br />21. Hazardous Substances. As used in this Section 21: (a) "HazardousSubstances" are those
<br />substancesdefinedas toxic or hazardoussubstances ,pollutants,or wastes by EnvironmentaLaw and the
<br />following substances: gasoline, kerosene, other flammableor toxic petroleumproducts, toxic pesticides
<br />and herbicides,volatile solvents, materialscontainingasbestosor formaldehyde and radioactivematerials;
<br />(b) "EnvironmentaLaw" meansfederallaws and laws of the jurisdictionwherethe Propertyis locatedthat
<br />relate to health, safety or environmentalprotection;(c) "EnvironmentaCleanup "includes any response
<br />action, remedialaction, or removalaction, as definedin EnvironmentaLaw; and (d) an "Environmental
<br />Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental
<br />Cleanup.
<br />Borrowershall not cause or permitthe presence,use, disposal, storage, or releaseof any Hazardous
<br />Substances,or threaterto releaseany HazardousSubstances,on or in the Property. Borrowershall not do,
<br />nor allow anyoneelse to do, anything affectingthe Property(a) that is in violationof any Environmental
<br />Law, (b) which createsan EnvironmentaCondition,or (c) which, due to the presence,use, or releaseof a
<br />HazardousSubstance,createsa conditionthat adversely affects the value of the Property. The preceding
<br />two sentencesshall not apply to the presence, use, or storage on the Property of small quantities of
<br />HazardousSubstancesthat are generally recognizedto be appropriateto normal residentialuses and to
<br />maintenance of the Property (including, but not limited to, hazardous substances in consumer products).
<br />Borrowershall promptlygive Underwritten notice of (a) any investigation,claim, demand,lawsuit
<br />or other action by any governmentabr regulatoryagencyor privateparty involving the Propertyand any
<br />Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any
<br />EnvironmentaCondition ,includingbut not limitedto, any spilling, leaking, discharge,releaseor threatof
<br />release of any HazardousSubstance, and (c) any condition caused by the presence, use or release of a
<br />HazardousSubstancewhich adverselyaffects the value of the Property. If Borrowerlearns, or is notified
<br />Initials 1 \/
<br />- 6A(NE) (0005) osl Page 12 of ie ���"'��"� --+" l.1 Form 3028 1/01
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