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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 />