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200305727
<br />shall remain Ililly effective as it no acceleration had occurred. however, this right to reinstate shall not
<br />apply in the case of accclerat loo under Section IS.
<br />20. Slab of Nutt, Change of Loan Sery iceq Notice of Crieva nee. The Note or a partial interest in
<br />the Note (together oull this SCCUnty Instrument) Can be Sold one or more times without prior notice to
<br />Borrower. A sale might tcstdt in it change in the entity (known as the "Loam Servicer") that collects
<br />Periodic payments due under the Note and this Security Instrument and pertorms other mortgage loan
<br />serviding obligations under the Note, this Security Instrument, and Applicable Law. There also might be
<br />one or more changes of the Luan Servicer unrelated to a sale ofthe Note. If there is a change ofthe I.e.
<br />Servicer, BONOwCI will he "ire, written notice of tire change which will state the name and address ofthe
<br />new Loan Scrviccr, the address to which payments should be made and any other information RESPA
<br />requires in con,a;tion with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is
<br />serviced by a Loan Scrviccr ocher than the purchaser ofthe Note, the mortgage loan servicing obligations
<br />to Borrower will remain with the Loan Servicer or be transferred to a assessor Loan Servicer and are not
<br />assumed by the Note purchaser unless otherwise provided by the Note purchaser.
<br />Neither Bonny -er nor Lender may enam"nce, join, or be joined to any judicial action (as either an
<br />individual lingunt or the member of a class) that arises from the other party's actions pursuant to this
<br />Serraity Instrwucut or that alleges that the other party has breached any provision of, or any duty owed by
<br />reason of, this Security Insl nm...e, until such Borrower or Lender has untitled the other party (with such
<br />notice given in compliance wish the requirements of Section 15) of such allCgCd 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 time period which must elapse before certain action can be taken, that time
<br />period will be dccined to be reasonable for purposes of this paragraph_ The notice of acceleration and
<br />opportunity to cure gives to Borrower pursuant to Section 22 and the notice of acceleration given to
<br />Borrower pursuant to Section IS shall be dce fed to satisfy the notice and opportunity to take corrective
<br />action provisions ofthis Section 20.
<br />21. Haeaalous Substance,. As used in this Section 21- (a) "hazardous Substances" are those
<br />substances dd)nc(1 :a 1n1 iC or Itwatdate, substances, pollutants. or wastes by Environmental Law and the
<br />following mtbstanccs Gasoline, kerosene, other Ilammahle or toxic petroleum products, toxic pesticides
<br />and hcrbicid,s. volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials;
<br />(b) "Envaccinncmnl Ine,' means fcdcral laws and Taws ofthe jurisdiction where the Property is located that
<br />relate to health. safety or environmental protection; (c) "Environmental Cleanup" includes any response
<br />action, remcd'nd action, or removal action, as defined in Environmental Law; and (d) an "Environmental
<br />Condition moms a ".....]Minn (hut in cause, contribute to, or otherwise (rigger an Environmental
<br />Cleanup.
<br />Boma"': shall not cause or permit the presence, use, disposal, storage, or release of any hazardous
<br />Substances, or threat", to release wry Hard rue Substances, on or in the Property. Borrower shall not do,
<br />nor allow anyone else to do eything affecting the Property (a) that is in violation litany Environmental
<br />Law, (b) which creates an fi, n onmental Condition, or (c) which, due to the presence, use, or release of a
<br />Ilarardous SnbstnncC, creates a eondilion that 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 />thzardous SubstauccS that are cencrally recognized to be appropriate to normal residential uses and to
<br />maintenance. (it the ProperK (Including, but not limited to, hazardous substances in consumer products).
<br />Borrowar shall promptly -ire Lender written notice of (a) any investigation, claim, demand, lawsuit
<br />or other action by env aovonunentul or regulatory agency or private party involving the Property and any
<br />hazardous Suhsranm "r Il"'marmcnml Lmr of which Borrower has actual knowledge, (b) any
<br />Environmental C'o,du,,e, iucludine but not limited to, any spilling, leaking, disaharga, release or threat of
<br />release of am Ila>artons Sal t ece, and (e) any condition caused by the presence, use or release of a
<br />Haxardon, Sit bstaucc which ad, or e I V affects the value of the Property. If Borrower learns, or is notified
<br />03- 02- 000094
<br />mmn
<br />OM- 6A(NE) ,none. n t rage rz o: t, Form 3018 1101
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