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rr <br />200107386 <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 obligationsunder the Note, this Securityinstrument,and ApplicableLaw. Therealso might be <br />one or morechangesof the Loan Servicerunrelatedto a sale of the Note. If thereis a changeof the Loan <br />Servicer,Borrowerwill be given writtennoticeof the changewhich will statethe nameand addressof the <br />new Loan Servicer, the address to which paymgntsshould 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 />Security instrumenbr that allegesthat the otherparty has breachedany provision of, or any duty owed by <br />reasonof, this Security lnstrument,until such Borroweror Lenderhas notifiedthe otherparty (with such <br />notice given in compliancewith the requirementwf Section 15) of such alleged breach 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 andradioactivematerials; <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 causeor 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 anyone else to do, anything affectingthe Property(a) that is in violation of 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 sentences shall not apply to the presence, use, or storage on the Property of small quantities of <br />HazardousSubstancesthat are generally recognizedto be appropriateto normal residential uses 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 otheractionby any governmentabr regulatoryagency or private party 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 />releaseof any HazardousSubstance, and (c) any condition caused by the presence, use or releaseof a <br />HazardousSubstancewhich adverselyaffects the value of the Property. If Borrowerlearns, or is notified <br />Initials: <br />10 6A(NE) (0005) Page 12 of 15 Form 3028 1/01 <br />