200303085
<br />shall remain fully effective as if as acceleration had occurred. However, this tight to reinstate shall not
<br />apply in the case of acceleration under Section 18.
<br />20. Sale of Note, Change of Loan Services; Notice of Grievance_ The Nate or a partial Interest in
<br />the Now (together with this Security IntrumenQ 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 antler 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 e changes of the Loan Servicer unrelated to a sale of the Nate. If there is a change of the Loan
<br />Services, Borrower will be given written notice of the change which will state the name and address of the
<br />new Loan Servicer, the address to which payments should be made and any other information RPSPA
<br />requires in connection with a notice of transfer, of sorvietng. If the Note is sold and theme%er, the Loan is
<br />serviced by a Loan Servicer other than the purchaser of the Note, the mortgage lean servicing obligations
<br />to Borower will remain with the Loan Servicer or be transferred to a successor Loan Serviea and arc net
<br />Assumed by the Nate purchaser unless otherwise provided by the Note purchaser.
<br />Neither Borrower are Lender may commence, join, or be joined to Any judicial action (as either as
<br />individual litigant or the member of a class) that arises from the other parry's action pursuant to this
<br />Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by
<br />waxon of, this Security Instrument, until such Borrower or Lender has wedged the other party (with such
<br />notice given in compliance with the requirements of Section 15) of such Alleged breach end afforded the
<br />other party hercto a reasonable period after the giving of such notice to take ecrrenirn action. If
<br />Applicable Law provides a time period which most 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 Ill shall be deemed to satisfy the notice And opportunity to rake corrective
<br />action provisions of this Section 20.
<br />21. Hazardous Substances. As ned in this SeGVOn 21: (A) 'Hazardous Substances are those
<br />substances defined as rude or hazardens substances, pollmants, or wastes by Environmental Law and the
<br />following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides
<br />and herbicides. volatile solvent,, matmials containing asbestos or formaldehyde, and radioactive materials:
<br />@) "Environmental Law. mom federal laws and laws of the jurisdiction where the Property is located that
<br />relate to health, safety or environmental protection: (c) "Environmental Cleanup' includes any response
<br />action, remedial action, or removal action, as defined in Environmental Law: and (d) an ^Bnhenmental
<br />Condition' means a condition that can cause, contribute to, or otherwise trigger an Environmental
<br />Cleanup.
<br />Bortewe, shall not cause or permit the presence use, dispose[, storage, or relase of any Hazardous
<br />Substances, or threaten to release any HazaNms, Substances, on or in the Property . Borrower shall net do,
<br />or Allow anyone eke to do, anything affecting the Property (a) that is in violation of any Environmental
<br />Law, @) which creates An Environmental Condition, or O which, due to the presence, rte or release of e
<br />Hazardous Substance, creates a condition that adversely affects the value of the Property. The preceding
<br />two sentences shell not apply To the presence, use, or storage an the Properly of coil quantities of
<br />Hazardous Substances that are generally recognized to be Appropriate to normal residential uses end m
<br />maintenance of the Property (Including, bat not limited ten, hanardon substances in ransomer products).
<br />I mnev., shall promptly give tender written notice of (a) any investigation, claim, demand, lawsuit
<br />or other action by any govermnental or regulatory agency or private party involving the Property and any
<br />Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any
<br />Environmental Condition, including but not limited to, any spilBng, leaking, discharge, release or threat of
<br />release of any HAzallous Substance, and (n) any condition caused by the presence, use or release of a
<br />Hazardous Substance which adversely affects the value of the Property. If Borrower learns, or is notified
<br />MPTER1000236146 1000236146 ^V ' ` 0
<br />(WaNNE)zrac, Py . 12 ens PoannOpB 1'it
<br />
|