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200207239
<br />shall remain fully effective as if no acceleration had occurred. However, this right to reinslam shall not
<br />apply in the rase of acceleration trader Section IS.
<br />20. Sale of Note; Change of ].man Summer; Notice of Grievance. The Note or a pa poll caress in
<br />the Note (together with this Security Instrument) can he sold one or more times without prior notice to
<br />Horrown. A sale might result in a almost in We entity (known as the "Loan Senicat ) that collects
<br />Periodic Payments due under the Nom and this Security Instrument and perfomm other monsoon loan
<br />servicing obligations under the Note, this Security Instrument, and Applicable I.aw.There also might be
<br />one or mot c chemist of the Loan Servitor unrelated to a sale of the Note. If there is a change of the Loan
<br />Servitor, Harrower will be given to written notice of the change which will d an the name and address of the
<br />new Innn Servitor, Nc address to which payments should be made and any other information RBSPA
<br />inquires in connection with a notice of transfer of servicing_ If the Nom is sold and thereafter Ilse Loan is
<br />servicm by a Loan Seralcer other than the purchaser of the Note, the mortgage loan servicing obligations
<br />m Borrower will remain with the Loan Servitor or be vanaferred to a successor Loot Servlcer mid are not
<br />assumed by the Nutt ptrrehaser unieas otherwise provided by the Nate purchaser.
<br />Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an
<br />individual Efigall or the member of a class) that mixes from the other party's actions pursmmt to this
<br />Security Instrument or that alleges that die other party has breached any provision of, or any duty owed bs
<br />reason of, this Security Instrument, until such Borrower or Lender has notified the ether party (with such
<br />notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the
<br />mhcr party heroin a iseassionable 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 token, (list time
<br />period will be deemed to be reasonable for purposes of this paragraph. Tim notice of acceleration and
<br />opportunity to rune given to Borrower pursuant m Station 22 and the notice of acceleration given to
<br />Borrower pur tit to Seaton IS shall be damned to satushy the notice and opportune v to take corrective
<br />action provisions of this Section w_
<br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances are those
<br />substances defined as toxic or hazardous substances, palutwus, or wastes by Eav]roamental Law and the
<br />following substances gasoline kerosene, other flammable or toxic petroleum products. more pesticides
<br />and herbicides. volatile solvents. materials containing asbestos or formaldehyde, and radioactive materials;
<br />(h) Enestrommorital Law" means federal laws and laws of thejurisdioiion where the Paopeny is located tbal
<br />reline to Inahh, safety or cnvlrnnmcntal protection; (t) "Environmental Cleanup" includes any response
<br />action, mmMial action, or uval action, as defined in Environmental law; and (d) all "Environmental
<br />Condition" means a condition that can cause, contribute to, or otherwise trigger our Enviromamild
<br />Cleanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous
<br />Substances, or threaten to release any ❑azardous Suhstancea, 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, (N) which cremes an Environmental Condition, or (c) which, due to the presence, use, or release of a
<br />Hazardous Substance, creates a condition that adversely affects the value of the Property The preceding
<br />rvo sentences shall not apply to the presence use, or storage on the Property of small quantities of
<br />Hasa¢lous Substances that arc generally recognized to be appropriate w norms] residential uses and to
<br />maintenance of the Propene (including, but mm limited to, hasamous substances in consumer products)
<br />Borrower shall promptly give Lender written notice of (a) any investigation, Seim, demand, lawsuit
<br />or other action by any governmental or regulatory agency or private party invasion the Property and any
<br />Haardous Substance or Environmental Law of which Borrower has arbod knowledge, (b) any
<br />Lnvlronmental Condition, including but not limited to, any spilling, leaking, discharge, release or threat of
<br />release of any Hazardous Substance, and (c) try condition caused No the phl`aa1CC, rise 01 release of a
<br />Bazadous Substance which adversely affect the value of the Porosity_ If Borrower leans, or is traded
<br />nI
<br />®�NEI NOnm r ¢
<br />"g"ou '_ „cy Form 3028 1109
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