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200302633 <br />shall remain fully effemivc a' it no acceleration had occurred. However, this right to reinstate shall not <br />apply in the Case of acculeration under Section IS <br />20. Sale of Note: Clwn!ye of loan Scrvicer; Notice of Grievance. The Note or a partial interest in <br />the Note (togahc, nut Ihis !,, uru f Instrumec) can be sold one or more times without prior notice to <br />Bormwcr. A sale micro resuh in a change in the entity (known as the "Loan Servicer ") that collects <br />Periodic Panuauu due under the Notc and Ihis Security Instrument and performs other mortgage loan <br />servicing ohli_:uions under the �nm, this Senn -iry Instrument, and Applicable Law. There also might be <br />one or more , comes of the L.oxu Scrvicer io,, , fled to a sale of the Note. If there is a change of the Loan <br />Servicer, Borrower will be glow written nnluc of the change which will state the name and address of the <br />new Loan Sen icer. Na address m which: panncnts should be made and any other information RESPA <br />requires in convection t% th a uotiac of Iralcfcr of servicing. If the Note is sold and thereafter the Loan is <br />serviced by a Loan Sen icer wl... than the purchaser of the Note, the mortgage loan servicing obligations <br />to Borrower will remain with the I cent.. Scrvicer or be transferred to a successor Loan Servicer and are not <br />assumed by the Note purchaser unless otherwise provided by the Note purchaser. <br />Nciihcr Borrower nor lender may uonuimce. join, or be joined to any judicial action (as either an <br />individual Iln.kant or lit, member of it doss) diet arises from the other party's actions pursuant to this <br />Securif, Instrument or chat alleges that the other party has breached any provision of, or any duty owed by <br />reason al. this 4ccium Insiru roil, until such Bormwcr or Lender has notified the other party (with such <br />notice given m compli ncc with the requirensnts of Section 15) of such alleged breach and afforded the <br />other party h,rao a easonablo period alter the giving of such notice to take corrective action. If <br />Applicable I provides a lime period which must elapse before certain action can be taken, that time <br />period will he dccmed to he reasonable lot mposes of this paragraph. The notice of acceleration and <br />opportunity !n cure given to Borrower pursuant to Section 22 and the notice of acceleration given to <br />Borrower pursuant to Section 18 shall be decmcd to satisfy the notice and opportunity to take corrective <br />action provisions of tha Suction 2o. <br />21. Ilazardnus Substances. As used ir. this Section 21: (a) "Hazardous Substances" are those <br />subsumccs 1L hod n. I'Sic or hanudous subse:uces, pollutants, or wastes by Environmental Law and the <br />followine sons. anocs: ..... lire, kcnrxvc other flammable or toxic petroleum products, toxic pesticides <br />and herbicide.. rolatilL xrlvcnts. tnztcriala Conreintng asbestos or formaldehyde, and radioactive materials; <br />(b) "Envi i onmcntal Latt " means Iidllal ILe" and laws of the jurisdiction where the Property is located that <br />relate to heallln safer or emit nr:ucutol prolccaon: Sc) "Environmental Cleanup" includes any response <br />action, rentcc action_ or run: c,il ucdon_ as Shred in Environmental Law; and (d) an "Environmental <br />Condition un:ml a c"IellMill that can I Uw L contribute to, or otherwise trigger an Environmental <br />Cleanup. <br />Borrower .hall not cause or I limit the pmusence, use, disposal, storage, or release of any Hazardous <br />Substances or threutcn to trills' avy I Iaaurdvus Substances, on or in the Property. Borrower shall not do, <br />nor allow amore else m do, anythiug affcciur, the Property (a) that is in violation of any Environmental <br />Law, do)' Minh creams an Environmcntal Condition, or (c) which, due to the presence, use, or release of a <br />Hazardous Scbnoncc create' a condition Ihat adkersely affects the value of the Property. The preceding <br />two scntvuocs '11:111 S apple m the pre.CIIU. use, or storage on the Property of small quantities of <br />Hazardous S'n lnlanccs that are oenerally leco nixed m be appropriate to normal residential uses and to <br />mander"uce of the Properly (including, but n..I lruiled to, hazardous substances in consumer products). <br />Bormwcr 'hall pnrmpllc gtvu Lender wriucn mice of (a) any investigation, claim, demand, lawsuit <br />or Other action by am' govcrnnm.nIaI or rcgvla,ory agency or private party involving the Property and any <br />Hazardous Substance: or Environmental I an of which Borrower has actual knowledge, (b) any <br />Envionmemal Condition, IACludiug but not limited to, . any spilling, leaking, discharge, release or threat of <br />release of ant Eazzrdous Sabsrancc, and tci any condition caused by the presence, use or release of a <br />Hazardous Suhstance which ack ui,ck :dfcis utc value of the Property. If Borrower learns, or is notified <br />./C <br />��nNB.o i mmats rm <br />. o,ns Fo 3028 1101 <br />