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200207441
<br />shall remain fully elfrwtve ns if no acceleration had occurred, However, this right to reinstate shall not
<br />apply in the case of acceleration under Section 18.
<br />20. Sale of Note; Change of Loan Servicer, Notice of Grievance. 71re Note or a parted interest in
<br />the Note (together with this Seaway Instrument) 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 Cue under she Now and this Security Instrument and performs odor mortgage loan
<br />servicing obligations under the Note, this Security Instrument, and Applicable Law. There also might be
<br />one or more changes of the Loan Servicer unrelated to a sale of tic :Dote. If there is a change of the Iran
<br />Servicer, 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 onto information RESPA
<br />hcquires in connection with a notice of transfer of servicing- 11' the Note is sold and them4ru r the Loan is
<br />serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations
<br />to Borrower will remain with the Loan Services or be transferred to a successor Loan Servicer and are not
<br />assumed by the Note purchaser unless otherwise provided by rue Note purchaser.
<br />Neither Borrower nor Lender may continence, join, or be joined to any judicial action (as either art
<br />individual litigant or the member of a class) that arises from the other party's actions pursuant to this
<br />Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by
<br />reason of, this Security Instrument, until such Borrower or Lender 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 patty 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 lime
<br />period will be deemed to be reasonable for purposes of this paragraph_ The notice of accA ... tion and
<br />upporNally to curt given to Borrower pursuant to Section 22 and the milieu Of acceleration given to
<br />Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective
<br />action provisions of this Section 20.
<br />21. Hazardous Substance;. As used in this Section 21: (a) "llazardmts Substances' are those
<br />substances defined as toxic or hazardous .Substances, pollutants, or wastes by Environmental Law and die
<br />following substances: gasoline, kerosene, other 11=aable or toxic petroleum products, toxic pesticides
<br />and herbicides, volatile solvents, materials containing ashostos or fornialdelryde, and radioactive materials;
<br />(b) " Bnvirotnnenlal Law' means federal laws and laws of the jur;Oiction where the Property is located that
<br />relate to health, safety or environmental protection; (e) Trivimnmental Cleanup" includes any response
<br />action, remedial .den, or removal action, as defined in Environmental Law; and (d) an "Fnvironmemai
<br />Condition" means a condil'ion that can cause, contribute to, or otherwise trigger an environmental
<br />Cleanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Harardoux
<br />Substances, or thre.wo to release any Hazardous Substances, on or in the Property. Borrower shall not do,
<br />nor allow anyone else to do, anything affecting the Property (a) that is ice violation of any Environmental
<br />Law, (b) which curates an Environmental Condition, or (e) which, due to the presence, use, or release of a
<br />Hazardous Substance, creates a condition that adversely alfmts the value of the Property. The preceding
<br />two sentences shall not apply to the presence, mc, or storage on the Property of small quantities of
<br />Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to
<br />maintenance of die Properly (including, but not limited to, hazardous auhntara cs in consumer products).
<br />Borrower shall promptly give I.em er written notice of (a) any investigation, claim, demand, lawsuit
<br />or other action by any governmental or regulatory agency or private party tnvolving the Propedy and any
<br />Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (h) any
<br />Fnviro ericnlal Condition, including but not limited to, any spilling. leaking, discharge, release or threat of
<br />release of any Iazardous Substance, and (c) any condition caused by the prestne , cse or release of a
<br />Hazardous Substance which adversely affects the value or the Property_ If Borrower learns, or k notifiell
<br />6(NE) bees .rya,2 of 15 yr, /ll Form 3028 1101
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