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<br />200603823 <br /> <br />shall remain fulh effect i vc :IS if no acceleration had occu rn:d. H.owever, this right to reinstate shall not <br />apply in the casc of :lcl'e!:r:dic)!} under Section I ~.;. <br />20. Sale or Noll': eh: nge of Loan ServiceI': Notice of Grievance. The Note or a partial interest in <br />the Note (togetbn with !hi:; Security Inslrurnent) can be sDIl! one or more times without prior notice to <br />Borrower. ^ sale might nSl.Jt in a change in the entity (known as the "Loan Servicer") that collects <br />Periodic Payments lilT dlll:er the Note and this Security Instrument and performs other mortgage loan <br />servicing obli~'atiDns .lnl!l': llle Note, this Security Instrument, and Applicable Law. 'fhere also might be <br />one or more \:hai:gp; IIi' ihe Loan Servicer unrelatel! to a sale of the Note. If there is a change of the Loan <br />ServiceI', Borrowc'r will ')e :!iven written notice of the cbangc which will state the name and address of the <br />new Loan Servicer, tile address to which paymcnts should be made and any other information RESPA <br />requires in c()nnectioll with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is <br />serviced by a LO:1l1 Snvicer olher than the purchaser of the Note, the mortgage loan servicing obligations <br />to Borrower will reI1l::in with the Loan ServinT or be transkrrcd to a suecessor Loan Servicer and are not <br />assumed by the t\nte Ilur'lLsn unless otherwisc providcd by the Note purchaser. <br />Neither Borrowu no:' I.cnder .may commence, join, Dr be joined to any judicial action (as either an <br />individual lit:g:lllt (II' tlli' 1ll::'ll1ber of a class) that arises I'rom lhe other party's actions pursuant to this <br />Security Instrunll'llt 01 rbr1t r11kges that the other party hilS hreached any provision of, or any duty owed by <br />reason of, this Security Ill~,trument, until such Borrower 01' Lender has notified the other party (with such <br />notice givcn :11 l'Dnlpll~llrCl' with the requirements of Section 15) of such alkged breach and afforded the <br />other party hereto II IT;JSI1I1;Jllk period alkr the giving of such notice to take corrective action. If <br />Applicable L;JW provilks II time period which must ebps!' hefilre certain action can be taken, that time <br />period will be deell1l'd 10 he rcasonable for purposes of this paragraph. The notice of acceleration and <br />opportunity to curl' !,:ivcn to Borrower pursuant to Sect ion 22 and the notice of acceleration given to <br />Borrower pursuant 1.0 Scctillll 18 shall be deemed to satisl'y the noliee and opportunity to take corrective <br />action provisiilns I)f this Seuion 20. <br />21. Hazardous Sllhs:nilces. As used in this Secti'ln 21' (a) "Hazardous Substances" are those <br />substances defined as lO>:ic ill' hazardous substances, pollutants, or wastes by Environmental Law and the <br />following sullsLiuccS: g,lsol i ne, kerosene, 01. her tlammablc or IDxic petroleum products, toxic pesticides <br />and herbicidcs, vlllat i'l' ~,)I \'L'IlIS, materials containing asbestos or formaldehyde, and radioactive materials; <br />(b) "Environment:ll I .IIIV nl:_'IIIIS feder,lll<lws and laws of the jurisdiction where the Property is located that <br />relate to health. :<L1el.v l,r \tllvirol1mental protcction; (c) "Environmental Cleanup" includes any response <br />action, rernedial :Ict ion, or rcmoval action, as ddincd in Envirilillnental Law; and (d) an "Environmental <br />Condition" means a condit iDn that can C<luse, contribute to, or otherwise trigger an Environmental <br />Cleanup. <br />Borrower shrill Illlt ,:,I,I.',e or pcrmitlhc prescncc, usc, dis)lDsal, storage, or release of any Hazardous <br />Substances, or thrcaten til r,oIclse any Hazardous Substanccs, on or in the Property. Borrower shall not do, <br />nor allow anVlHle else to do. :lIlything al'fecting the Property (a) that is in violation of any Environmental <br />Law, (b) which crelltl"; ,ill J'nvironmental Condition, or (c) which, due to the presence, use, or release of a <br />Hazardous SubsulIlcc, cr'_'atl's :1 condition that adversely afrects the value of the Property. The prcccding <br />two sentences sh~ll1 IIOt alply to Ihe presence, use, or ~toragc on the Property of small quantities of <br />Hazardous SUhSUiIlCC:: Il1:lt lilT gellerally recognized to he appropriate to normal residential uses and to <br />maintenance Dr th" l':,'pcrt: (illcluding, hUI notlirnited to. !Ianrdous substances in consumer products). <br />Borrower shrill !,n)':]p: ly give Lender written notice (If (a) any investigation, claim, demand, lawsuit <br />or other action by an' g"vlrnrnental or regulatory agency Dr private party involving the Property and any <br />Hazardous Subst:lllc' c," i~llvironmenlal L.aw of which Borrower has actual knowledge, (b) any <br />Environmenull ('ol1(li.lol'" i':c]llding hut not limited to, any spillillg, leaking, discharge, release or threat of <br />release of any I'L~;':,lrlim:; .:uhst:\nce, and (c) :II1Y condit il'll c,lused by the presence, use or release of a <br />Hazardous SubSt:lllCC \Vhel 'Idversely af!'ccts the value Df the Property. If Borrower learns, or is notified <br /> <br />P.\\.w 12 of 1:; <br /> <br />In;l;''ls?j_~ <br /> <br />0110252081 <br /> <br />0-6(NE) 10.1071,-) <br />(0<) <br /> <br />Form 3028 1/01 <br />