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200703313 shall remain fully effective as if nO acceleration haa occurred. However. this right to reimWt shallllot apply in the case of acceleration under Section 18. 20. Sale of Note; Change of Lott" Serviccr; Notice of Grievance. The Note or a partial interest in the Note (together with this Set."Uriry Instrument) can be sold one or more times without prior notice to Borrower. A sate might result in a chango in the entity (known as the "Loan Servicer") that collects Periodic Payment5 due under the Note and this SecurUy ln~trument and performs other mortgage loan Sf:t'Vicing obligations under the Note, this Security Instrument, and Applicable Law. There also might be one or more changes of the Loan Servicer unrelated to a sale of the Note. If therO is a change of the Loan Servicer, Borrower will be given written notice ofthe change which will state the lUlIIle and address of the new Loan Setvicer, the address to which payments should be made and any other information RESPA requir(..'$ in connection witb a notice of transfer of servicing. If the Note is sold and dlcreafter the Loan is serviced by a Loan Servicer other than the purChaser of the Note. the mongage loan servicing oblisations to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servictlr and are not ass).Uned by the 'Note purchastlr unless otherwise provided by the Note purchaser. Neither Borrower nor Lender may commence, join. or be joined to any Judicial action (as either an individual litigant or the member of a class) that arises from the other party's actions pursuant to this Security '(nstrillnent or that alleges that the other party has breached any provillion of, or any duty owed by reason of, thie; Security Instrument, until such BOrrower or Lender has notified the other party (with such notice giveo. in compliance with the requirements of Section 15) of such alleged breach and affOrded the ol:hcr pany hereto II reasonable period after the giving of such notice to take corn.octive action. If Applicable Law provides a time period which must elapse before certain action can be taken, that time period wlH be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to cure given to Borrower pursl.,Iant to Section 2:2 and the notice of acceleration given to Borrower pursuant to Section 18 shall be deemed 10 satisfy the notice ana opportunity to take corrective action provision$ of this Section 20. 21. Hazardous Substanccs. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as toxic or hazardous substances. pollutants, or wastes by Environmental Law and the followins substanceli: gasoline. kerosene, other tlammable or toxic petroleum proauct~, toxic pesticides md herbicides, volatile solvents, materials containing asbestos or fonnaldehyde. and radioactive materials; (b) "Environmental Law'! means federal laws and laws of the jurisdiction where the Property is located that relate to healtb, safety or eo.vironmental protection; (c) "Environmental Cleanup" includes any response action, remedial action, or removal action, as defined in Environmental Law; alld (d) an "1mvironmental Condition" means a condition that can cause, contribute ~o. or otherwise trigger an Environmental Cleanup. Borrower shall not cauao or permit the presence, use, disposal, storage, or release of any Hazardous Substances, or threaten to release any Hazardous Substances. on or in Ihe Property. Borrower shallo.ot do, nor allow anyone else to do. anything affecting the Property (a) that is in violation of any Environm!;''ntal Law, (b) which creates an EnvironmenLal Condition. or (c) which, due to the presence, use, or release of a H823l'dous Substance, creates a condition that adversely affects the value of the Property. The prececllng two sent:ences shall not apply to the presence, use, or StOl;'agc on the Property of small quantities of H32ardous Substances that are generally recognized to be appropriate to 1l0nnal residential uses and to maintfo!nance of the Property (including. but not limited to. hazardous substanc~ in consumer products). Borrower shall promptly give Lender written notice of (a) any investigation, claim. d(''llland, lawsuit or other action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of which Borrower has actual lmowledgc, (b) any Environmental Condition, including but not limited to, any spillinS, leaking, discharge. release or threat of rele'4:!le of any Hazardous Substance. aJld (c) any conditlon caused by the presence, use or release of a Hazardous Substance which adversely affects> the value of the Property. If Borrower learns. or is notified ~.6IN!;II(lOOGI paDe 1 2 of Hi Inili"~ Fon'l'l 30:il.S 1/01