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DEL -11 -02 03:12PM FROM-
<br />200214105
<br />T -019 P.016/030 F -023
<br />shall remain fully effective as if no acceleration had occurred. However, this right to initiative shall not
<br />apply in the case of acceleration under Section 18.
<br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in
<br />the Note (together with this Security Instrument) can be sold one or more times without prior notice to
<br />Borrower. A sale might result in a change in the entity (]mown as the "Loan Semce ") that collects
<br />Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan
<br />servicing obligations under the Noce, this Security Instrument, and Applicable Law_ 'There also thigh[ be
<br />one or more changes of the Loan Service unrelated to a sale of the Note. 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 Serviceer, the address to which payments should be made and any other information RESPA
<br />requires in counection with a notice of transfer of servicing If the Now is sold and thereafter the Loan is
<br />serviced by a Loan Service other than the purchaser of the Note, the mortgage loan servicing obligations
<br />to Borrower will remain with the Loan Service or be transferred to a successor Loan Servicer and are not
<br />assimted by the Note purchaser rmless otherwise provided by the Note purcbaser
<br />Neither Borrower nor Lender may 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 parry's actions pursuant to this
<br />Security JoSowneut or that alleges that the other party has breached any provision of, or arty duty owed by
<br />resew of, this Security Instrument, until such Borrower or Lender has notified the other parry (with such
<br />notice given in compliance with the requirements of Section 15) of such alleged breach and affunded the
<br />other parry 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 tune
<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 18 shall be deemed to satisfy the notice and opportunity to take corrective
<br />action provisions of thus Section 20.
<br />21. Hazardous Substances. As used in this Section 21 (a) "Hazardous Substances" are those
<br />substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the
<br />following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides
<br />and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive matcrials;
<br />(b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br />relate in health, safety or environmental protection; (e) "Environmental Cleanup" includes any response
<br />action, remedial action, or removal action, as defined in Environmental Law; and (d) an " Environmental
<br />Condition" means a condition that can cause, contribute m, or otherwise trigger an Environmental
<br />Cleanup_
<br />Borrower shall not cause or permit the presence, use, disposal, stoage, or release of any Hazardon,
<br />Substances, or threaten to mleaae any Hazardous Substances, on or in the Property. Borrower shall nor do,
<br />nor allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental
<br />Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release of a
<br />Hazardous Substance, awes a condition 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 />Hazardous Substances that are generally reorgoized to be appropriate to normal residential uses and to
<br />maintenance of the Property (including, but not limited to, hazardous substances in consumer products).
<br />Borrower shall promptly give Lendtr written notice of (a) any investigation, claim, demand, lawsuit
<br />or other action by any governmental 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 spilling, leaking, discharge, release or threat of
<br />release of any Hazardous 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 learns, or is notified
<br />®- aA(NE) loots].,
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