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200605786 shall remain tillly effective as if no acceleration had occurrcd. Howcvcr, this right to reinstate shall not apply in the case of aeeeleralion under Section I R. 20. Sale nf Note; Change nf Lnan Servicer; Nntice of Grievance. 'fhe Note or a partial interest in the Note (together with this Security Inslnllllent) can be sold one or more times without prior notice to Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that collects Periodic Paynlents due under the Note and this Security Instrurnent and performs other mortgage loan servicing obligations under the Note, this Security Instrumcnt, and Applkable Law. There also might be one or more changcs of the Loan Servicer unrelated to a sale of thc Note. If there is a change of the Loan Serviccr, Borrowcr will be given written noticc of thc change whkh will state the name and address of the new Loan Scrvicer, the addrcss to which payments should be made and any other information RESPA requires in connection with a notice of transt\:r of servicing. If the Notc is sold and thereafter the Loan is serviced by a Loan Serviel:r othl:r than the purl:haser of the No\(;, the mortgage loan servicing obligations to Borrower will remain with the Loan Servieer or be transferred to a SUl:l:essor Loan Servieer and are not assunll:d by the Note purchaser unless otherwise provided by the Notl: purchaser. Neither Borrower nor Lcnder may commence, join. or bc joinl:d to any judicial action (as either an individual liligant or the member of a class) that arises from the olher party's actions pursuant 10 this Security Instrument or that alleges that the othl:r party has breached any provision of, or any duty owed by reason of, this Security Instrumcnt, until such Borrower or Lender has notified the other party (with such notice given in compliance with the requirCnll:nts of Section 15) of such alleged breach and afforded the other party herelo a reasonable period aner the giving of such notice to take corrective action. If Applicable Law provides a time period which lllUst elapse bcf<)re certain action can be takl:n. that time period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to cure givl:n to Borrower pursuant to Sl:ction 22 and thl: notice of accdl:ration givl:n to Borrower pursuant to Sl.:ction 1 R shall be dccllled to satisfy the notice and opportunity to takl.: corrective action provisions of this Section 20. 21. Hazardous Substances. As used in this Section 21: (a) "H a;;>;ardous Substances" arc those substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline, kerosene. other flammable or toxic petroleum products, toxic pesticides and herbicides. volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b) "En vironmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to health. safety or environmental protection; (c) "Environmental Cleanup" indudl.:s any response action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental Condition" lTll.:ans a condition that can cause. contribute to, or otherwise trigger an Environmental Cleanup. Borrower shall not cause or permit the presence. use. disposal, storage, or release of any Hazardous Substances, or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, nor allow anyone dse to do, anything affecting the Property (a) that is in violation of any Environml.:ntal I,aw, (b) \vhich creates an Environmental Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance. creates a condition that adversely affects the value of the Property. Thl: preceding two sentences shall not apply to the plTsence, lise, or storage on the Property of small quantities of Ila7:ardous Substanct:s that arc gennally recognized to be appropriate to normal residential uses and 10 maintenanec of the Property (including, but not limited to, ha7:ardous substances in consllmer products). Borrower shall promptly give Lender written notice of (a) any investigation, claim. demand. lawsuit or other action by any governmental or regulatory agency or private parly involving till.: Property and any Hazardous Substancc or Environmental Law of which Borrower has actual knowkdge, (b) any Environmcntal Condition, including but not lilnited to, any spilling. leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any condition eauscd by the presence, use or releasc of a Hazardous Substancc which adversely affects the value of the Property. If Borrower lcarns, or is notitied P"de 1 2 of 1 5 ,/f2" C~ / In;\;'15/"7\ "j 06-041407 S-6(NE) (040/).01 (~ FOI111 3028 1/01