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<br />200700328 <br /> <br />20. Sale of Note; Change of'Loan Servicerj Notice of Grievance. Th\: Not\: or a partial interest in the Note (together with <br />this Security Instrument) can he sold on\: or mol'\: times without prior notice to AOM"llw\:r. A sail: might result in a change in the <br />\:ntity (known as the "Loan Servicer") that collects Periodic Payments due und\:r the Nok and this Security Instrument and <br />performs oth\:r mortgage loan servicing ohligations und\:r the Note, this Security Instrument, and Applicabll: Law. There also <br />might be one or more changes of the I,oan S\:rvic\:r unrelated to a sale of the Note. If there is a change of the Loan Servieer, <br />Borrow\:r will be given written notice of the change which will state the name and address of the new L,oan S\:rvieer, the <br />address to which payments should b\: made and any other information RESPA requircs in connection with a notice of trans tel' <br />of s\:rvicing. If the Note is sold and th\:r\:a((\:r th\: Loan is serviced by a Loan S\:rvic\:r oth\:r than th\: purchaser ofthc Note, <br />the mortgage loan servicing obligations to Borrower will remain with th\: Loan Servie\:r or be transferred to a successor Loan <br />Servicer and ar\: not assum\:d by the Note purchaser unless otherwise provided by the Note purchaser. <br /> <br />N\:ither Borrower nor Lender may comm\:nce, join, or be joined to any judicial action (as dth\:r an individual litigant or the <br />memb\:r of a dass) that arises from the other party's actions pursuant to this Security Instrument or that alll:g\:s that the other <br />party has breached any provision of: or any duty owed by reason of, this S\:curity Instrum\:nt, until such Borrower or Lender <br />has notified the other party (with such notic\: giv\:n in compliance with the requirements of Section 15) of such alleged breach <br />and affordcd the other party herdo a r\:asonable period atter the giving of such notic\: to tak\: corr\:ctive action. If Applicable <br />Law provides a time period which must \:Iaps\: bdore certain action can he taken, that tim\: p\:riod will b\: deemed to be <br />reasonable for purpos\:s of this paragraph. The notice of acceleration and opportunity to cure given to Borrower pursuant to <br />Section 22 and the notic\: of acc\:leration given to Borrower pursuant to Section 18 shall b\: d\:\:m\:d to satisfy the notice and <br />opportunity to take corrective action provisions of this S\:ction 20. <br /> <br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substanc\:s ddin\:d as toxic <br />or hazardous substances, pollutants, or wast\:s by Environmental Law and the following suhstances: gasolin\:, k\:ros\:n\:, oth\:r <br />Oammable or toxic petroleum products, toxic p\:sticides and herhicides, volatile solvents, materials containing asb\:stos or <br />formaldehyde, and radioactive materials; (b) "Environmental Law" means federal laws and laws of the jurisdiction wh\:r\: th\: <br />Propcrty is located that relate to health, saf\:ty or environmental protection; (c) "Environmental Cleanup" indud\:s any <br />response action, rem\:dial action, or r\:moval action, as detined in Environmental Law; and (d) an "Environm\:ntal Condition" <br />means a condition that can cause, contribute to, or otherwise triggcr an Environmental Cleanup. <br /> <br />Borrower shall not eaus\: or permit thc presence, use, disposal, storag\:, or rd\:as\: of any Hazardous Substances, or <br />threakn to rdease any Hazardous Substances, on or in th\: Prop\:rty. Borrower shall not do, nor allow anyone else to do, <br />anything affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an Environmental <br />Condition, or (c) which, due to the presence, use, or releas\: of a Ilazardous Substanc\:, creates a condition that adversely <br />af'tCcts the value of the Property. The prec\:ding two sentences shall not apply to the presence, use, or storage on th\: Property <br />of small quantities of Ilazardous Substances that are generally recognized to b\: appropriat\: to normal r\:sid\:ntial us\:s and to <br />maintenance of the Property (including, but not limited to, hazardous substances in consumer products). <br /> <br />Borrower shall promptly give Lend\:r written notice of (a) any investigation, claim, demand, lawsuit or other action hy any <br />governm\:ntal or r\:gulatory agency or private party involving the Property and any Hazardous Suhstance or Environmental <br />Law of which Borrower has actual knowledge, (b) any Environmental Condition, including but not limited to, any spilling, <br />leaking, discharge, releasc or threat of rclease of any Hazardous Substance, and (c) any condition caused by the pr\:s\:nce, us\: <br />or relcasc of a Hazardous Substance which adversely affects the value of th\: Prop\:rty. If Borrow\:r learns, or is notifkd by any <br />governmental or regulatory authority, or any private party, that any removal or other rem\:diation of any Hazardous Substance <br />atlecting the Property is necessary, Borrow\:r shall promptly take all necessary remedial actions in accordance with <br />Environmental Law. Nothing herein shall create any ohligation on Lender for an Environmental Cleanup. <br /> <br />Initials '0 ~ C." J!j <br /> <br />_ -6A(NE) (0407)01 <br />CID <br />DDS.NET <br /> <br />Page 12of15 <br /> <br />Form 3028 1101 <br />