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200207253
<br />shall remain fully effective ac if no acceleration had occurred. However, this tight to rcindatc shall not
<br />apply in the case of acceleration under Section 18.
<br />20. Sale of Note; Change of Law Scrvieer; Notice of Grievance. The Note or a partial interest in
<br />the Note (together with this Security Instrument) can be sold one or more limes without prim' notice to
<br />Bior]owrr. A sale Ought result in a change in the entity (known as the "Loan Servicer ") that collects
<br />Periodic Payments due andcr the Note and this Security Instrument and performs other mortgage loan
<br />servicing obligations under the Note, this Security Lnsnumar, and Applicable Law. 'There also might be
<br />one or more changes of the Iran Scrvicer unmated to a sale of the Note, If there is a change of the Loan
<br />Service], Betrayer will be given written notice of the charge which will state the time and address of the
<br />new Loan Servicer, the address m which payments should be made and any other information USPA
<br />requires in c nnection with a notice of transfer of servicing If the Note is sold and thereafter the Loan is
<br />serviced bya Loan Serdcer other' that[ the purchaser of the Note, the mortgage loan servicing obligations
<br />to elan rowto will remain with the Loan Servicer or be transferred to a successor Loan Servlcer and are not
<br />as s unied by the Note purchaser unless othewiac provided by the Note purchaser.
<br />Neither Pon rawer nor Lender tiny commence, join, or be joined to any judicial action (as either an
<br />individual litigant or the member of a class) that arises from the other party's actions pursuant to this
<br />Secmtity Instrument or that alleges that the other party has breached any provision of, or any duty owed by
<br />reaon of, this Security Instrument, With such Borrower or Leader has notified the other party (with such
<br />notice given in compliance with the requirements of Section 15) of such alleged 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 deemed to be reasonable for purposes of this paagraph. The notice of acceleration and
<br />opportunity to core given to Borrower pursuant to Section 22 and the notice of acceleration given to
<br />Ilnrrnwer pursuant to Section IS shall be deemed to satisfy the notice and opportunity to Take corrective
<br />action pros namhs of this Section 20_
<br />21. Hazardous Substances. As used in this Section 21 (a) "llaarrdouc Substances" are those
<br />substances defined as toxic or transitions substances, pollutants, or wastes by Environmental Law and the
<br />following subslmazs' gasoline, kerosene, other flammable or toxic penoleum products, toxic Pesticides
<br />mid herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials;
<br />(b) "P,nvfrmunental Law' means federal laws and laws of Ihejurion ictfon where the Property is located that
<br />retain to health, safety or environmental protection; (o) "Environmental Cleanup" includes coy response
<br />action, remedial action, o val action, us defined in Environmental Law; and (d) an "Environmental
<br />Condition" means a condition that can cause, contribute to, or otherwise nigger an Enviromoenlal
<br />Cleanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage or release of any Hazardous
<br />Substances, or [breams to release any Huadotts Substances, on by the Property. Her rower shall not de,
<br />or allow anyone else to do, anything affecting doe Property (a) that is in violation of any Envimtrnental
<br />Low, (b) which creates an Fnvironmental Condition, or (c) which, due to the presence or release of a
<br />Havardoas Substance, cronies a condition thin adversely affects the value of the Property. The preceding
<br />two sennmesw shall not apply to the pressure, use, or storage on the Property of small quantities of
<br />Hazardous Substances that are generally ]ceognized to be appropriate to nomhnl residential uses mid to
<br />maintenance of the Property (including, but not limited m, haverdous substances in container precuts).
<br />Borrower shall monhptiy give Lender written notice of (a) any investigation, claim, den ed, lawsuit
<br />or other action by any govermnemal or regulatory agency or private parry involving the Property and any
<br />Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any
<br />Envirornnemal Condition, including but not limited m, any spilling, leaking, dtsclesrgq release or threat of
<br />release of any Ifozmdous Substance, and (e) any condition caused by the presence, use or release of a
<br />Hazardous Substance which adversely affects the value of the Property. If Borrower levies, or is notified
<br />229150
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