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200112568
<br />shrill remain 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. Salc of Note; Change of loan Servieer; Notice of Grievance. The Note without prior notice to
<br />a partial interest in
<br />the Note (together with this Security Instrument) can be sold one or more times wit
<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 Instrument and performs other mortgage loan
<br />servicing obligations under the Note, this Security Instrument, and Applicable Law. There also might be
<br />one or more changes of the Loan Servicur unrelated to a sale of the Note. If there is a change of the Loan
<br />SUTvicer, Borrower will be given written notice of the change which will state the other ieifornnatio +nsRESPA
<br />new Loan Servicer. the address to which payments should be made and any
<br />requires in connection with a notice: of transfer of servicing. If the Note is sold and thereafter the Loan is
<br />serviced by a Loan Servicer other than the purchaser of the Note, tine mortgage loan servicing obligations
<br />to Borrower will remain with the Loan Servicer or be transferred to a successor I.oart Serviccr acid are not
<br />assumed by the Note purchaser unless otherwise provided by the Note' purchaser.
<br />Neither Borrower not Lender may commence, join, or be joined to any judicial action (as either ttn lls
<br />individual litigant or the nxmber of a class) that arises from the other party's
<br />oft +or pars duty t to tiby
<br />Se urity Instrument or that alleges that the other party has breached any provision
<br />reason of, this Security instrument, until such Borrower or Lander has notified the other party (with such
<br />notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the
<br />other party hereto a reasonable period after the giving of such notice to take corrective action. If
<br />Applicable Law provides a tirm period which must elapse before certain action can be taken, that time
<br />period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and
<br />opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given to
<br />Borrower pursuant to Section 19 shall be deemed to satisfy the notice and opportunity to take corrective
<br />action provisions of this Section 20.
<br />21. 1azardous Subst,1nce;. As used in this Section 21: (a) "Hazardous Substances" are those
<br />substances dclined as toxic or hazardous substances, pollutants, or wastes by Environmental I.aw and the
<br />following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides
<br />and herbicides, volatile: solvents, materials containing asbestos or formaldehyde, and radioactive materials;
<br />(b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br />relate to health, safety or environmental protection; (c) ,n'nvironmontal Clcanup" inchtdas any response
<br />action, remu means action, or rennoval action, as defined in Environmental Law; and (d) an "Environmental
<br />herwise trigger an Enviro
<br />Condition" a condition that can cause, contribute to, or otnnuntal
<br />Cloa+nup,
<br />disposal, storage,
<br />or release of any Hazardous
<br />Borrower shall not cause or permit the presence, use, po. g'
<br />Substances, or threaten to release any hazardous Substances, on or in the Property. Borrower shall not do,
<br />nor allow anyone; else to do, anything affecting the Property (a) that is in violation of any Environmental
<br />Law, (b) which creates an Environmental Condition, or (e) which, due to the presence, use, or release of a
<br />Ilay.ardous Substance, creates a condition that adversely affects the value of the Property. The prcxxding
<br />two sentences shall not apply to the presence, use, or storage on the Property of small quantities of
<br />Hazardous Substances that are generally recogni74d to be appropriate to normal residential uses and to
<br />maintenance of tint: Property (including, but not limited lo, hazardous substances in consumer products).
<br />Borrower shall promptly give Lender written notice of (a) arty investigation, claim, demand, lawsuit
<br />or other action by any governnnental or regulatory agency or private party involving the Property and any
<br />Hazardous Substance or Environmental Law of which Borrower has tactual knowledge, (b) any
<br />Environmental Condition, including but not limited to, any spilling, leaking, discharge, release or threat of
<br />release of any liazanlous Substance, and (c) any condition► caused by the presence, use or relcasc Of a
<br />Hazardous Substance which adversely affects the value of the Property. If Borrower learns, or is notified
<br />15 Form 3028 1101
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