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<br />200602706
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<br />shall rentain fully effective as if no acceleration had occurred. However, this right to reinstate shall not
<br />apply in thc case of aeeelcration under Section J X.
<br />2n. Slllc of Note; Change of Loan Serviccr; Notice of Grievance. The Note or a partial intercst in
<br />the Note (together with this Security Instrument) can be sold one or more times without prior noticc to
<br />Borrower. A sale lnight result in a change in the entity (known as the "Loan Servicer") that collects
<br />Periodic Payments due under the Note and this Security InstrUlllent and perf()nns other Inortgage loan
<br />servicing oblig,ltions under the Note, this Security Instrument, and Applicable Law. Then.: also Inight be
<br />one or more changes of the Loan ServiceI' unrclatcd to a sale of the Notl:. If tllerl: is a change of the Loan
<br />Servil:l:L Borrmvl:r will bl: givl:n writll:n notice of lhl: change which will state the name and addrl:Ss of thl:
<br />nl:W Loan Sl:rvicl:r. thl: addrl:SS to which paynH:nts should be made and any other information R FSP A
<br />requires in l:ollllel:tion with a notice of transfer of scrvicing. If thl: Notl: is sold and thereafter the I.oan is
<br />servicl:d by a Loan ServiceI' other than the purchasn of thl: NOll:, the nlortgageloan servicing obligations
<br />to Borrowl:r will remain with the Loan ServiCl:r or bl: transferrl:d to a successor Loan Scrviccr and arc not
<br />assuml:d by thl: Notl: purchaser unless otherwisc providl:d by thl: Note purchaser.
<br />Ndther Borrower nor Lender lllay comllll:nCl:. join, or be joined to any judicial action (as either an
<br />individual litigant or the lllelnber of a elass) that arises from the other party's actions pursuant to this
<br />Sl:curity Instnlllll:nt or that alleges that the othn party has breached any provision of, or any duty owed by
<br />reason of, this Sl:curity Instrumcnt, until sllch Borrower or Lcndcr has notified the othl:r party (with such
<br />noticl: givl:n in compliance with the requireml:nts of Sl:ction 15) of such alll:gl:d brl:adl and afforded the
<br />othl:r party Ill:rdo a reasonable period afll:r thl: giving of such notil:e to takl: corrl:divl: action, If
<br />Applil:able Law provitks a tirnl: pl:riod which must elapsl: bd'ore certain action can bl: takl:n, that time
<br />pl:riod will be deeml:d to bl: ITasonablc for purposes of this paragraph. The noticl: of actTkration and
<br />opportunity to cure given to Borr(lWl:r pursuant to Section 22 and the notice of aCCl:kration given to
<br />Borrower pursuant to Sl:ction 1 R shall be deellll:d to satisfy the notice and opportunity to take wrrcdivl:
<br />action provisions of this Section 20.
<br />21. Hazardous Substances. As used in this Sl:ction 21: (a) "Hazardous Substances" at'l: thosl:
<br />substalln~s defined as toxic or hazardous substances, pollutants, or wastes by Envirol1l11l:ntal Law and thl:
<br />following substanlTs: gasoline, kerosene, othn fla/Innablc or toxic pdrolculll produds, toxil: pl:sticitks
<br />and herbicidl:s, volatik solvents, materials containing asbestos or formalddlyde, and radioactivl: rnakrials;
<br />(b) "Environmental Law" Ineans federal laws and laws of the jurisdiction where the Property is locakd that
<br />relall: to health, safdy or l:nvironmental protl:dion; (c) "Environml:nlal Cleanup" incllKks any responsc
<br />action, ITml:dial action, or removal action, as defined in Environmental Law; and (el) an "Environml:nlal
<br />Condition" lIll:ans a condition that can cause, contributl: to, or othl:rwisc trigger an FnvirOll1ncntal
<br />Ckanup.
<br />Borrower shall not cause or permit the presence, use. disposal, storage, or reI case of any Hazardous
<br />Substances, or thrl:aktl 10 release any f-Iazardous SubstmlCl:S, on. or in tll(; Propl:rty. Borrown shall not do.
<br />nor allow anyone else to do, anything atl'ecting thl: Propl:rty (a) that is in violation of any Environmental
<br />Law, (h) whidl creatl:S an Envirolllnental Condition, or (c) which, dUl: to Ihe IWl:senee, USl:, or releasl: of a
<br />Hazardous Substancl:, l:ITales a condition that adversely affects the value of thl: Property. Thl: preceding
<br />two sentences shall not apply to thl: presence, use, or storage on thl: Property of small quantities of
<br />Hazardous Substanel:s that are genl:rally recognized to bl: appropriatl: to nOl'lnal resitkntial uses and to
<br />maintulHnce of the Propl:rty (including, but tlot limited to, hazardous substances in COnSl1l11n products).
<br />BOlTowl:r shall promptly give Lender wrilkn notice of (a) any investigation, claim, demand, lawsuit
<br />or other action by any govl:nlllll:ntal or regulatory agency or private party involving the Property and any
<br />Hazardous Substance or Environmental Law of which Borrower has actual knowlcdgl:, (h) any
<br />Environml:ntal Condition, including hut not lill1itl:d to, any spilling, leaking, discharge, release or tlllTal of
<br />releasc of any Ilazardous Suhslance, and (c) any condition causl:d by thl: pITSl:nCe, usc or rell:asl: of a
<br />Hazardous Substance which advnscly affccts thl: value of tll(; Propl:rty. If Borrower learns, or is notified
<br />
<br />Initials: lw~D
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<br />0110247846
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<br />S.6(NE) I0407),IlI
<br />(~)
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<br />PaJB ',;? of 15
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<br />Fonn 3028 1101
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