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<br />200705840
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<br />shall remain 1\1.1ly effective as if no acceleration had occum.'f.l. However, this right to reimtat.c shall not
<br />apply in the case of acceleration under Section 18.
<br />ZO. Sale of Note; Change of 'Loan Scrvicer; Notice of Grievance. The Note ot a panial interest in
<br />lbe Note (togelher with this Security Instrument) can be sold one or more times without prior notice to
<br />Borrower. A sale might result in a change in the entity (known as the "Loan Servicerlt) that collects
<br />Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan
<br />servicing obligations under the Note, this Security Instrument, and Applicable Law. There also might be
<br />ODe or more changes of me Loan Servicer Ul1l'elated to a sale of the Note. If there is a change of the Loan
<br />Sorvicer, Borrower will be given wrItten notice of the change which will state the tL.'lme and a().dtess of the
<br />new Loan Servicer, the address to whieh payments should be made and any other informatioD RESPA
<br />requires in connection with a nOtice of transfer of servicing. If the Note is sold and thereafter the Loan is
<br />serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations
<br />to Borrower will remain with the Loan Servicer Or be transferr~ to a successor Loan Servicer and are not
<br />assumed by ll:te Note purchaser unless otherwise provided by the Note purchaser.
<br />Neither Borrower nor LendE.'T may commence, join. or be joined to any judicial action (as either an
<br />individual litigant or the member of a class) that arises tram the other party's actions pursuant to this
<br />Security Instrument or t:hat alleges that the other party has breached any provision of, or any duty ow(."l} by
<br />reason of, this Security Instnunent, until such Borrower or Lender has noti'tied the other party (with such
<br />notice given in compliance with the rc:q'llirements of Section 15) of such alleged breach and afforded the
<br />othCt' party hr:r~to a reasonable period after the givins of such notice to take corrective action. If
<br />Applicable Law provides a time periOd which must elapse before ~rtain action can be taken, that time
<br />pt.'liod will be deemed to be Icasonable for purposes of this paragraph. The notice of aCC/:!lcration and
<br />opportunIty to cure given to Borrower pursuant to Section 22 and tho notice of acceleration given to
<br />Borrower pursu.'IIlt to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective
<br />action provision$ of this Section 20.
<br />21, Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those
<br />substances defmed as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the
<br />following subr;t:mces: sasoline, kerosene, otber flammable or toxic petroleum products, toxic pesticides
<br />and herbicides, volatile solvents, mlltortals containin,g a$bestos or fonnaldehyde, and radioactive materials;
<br />(b) MEnvironmental Law" m~n$ federal laws and laws of the jurisdiction where the Property is located that
<br />relate to health, safety Or environmental protection: (c) "EnvirotlIIltlntal Cleanup" inCludes any response
<br />action, remedial action. or removal action, as deJined in Environmental Law; and (d) an "Enviro11tnf:ntal
<br />Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental
<br />Cleanup.
<br />Borrower shall not cause or permit the presence, use, 4isposal, storage. or relea~tl of any Hazardous
<br />Substances, or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do,
<br />nor allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental
<br />Law. (b) whIch creatc:.'S an Environrnt.'nt;u Condition, or (c) which, due to the presence, use, or release of a
<br />Hazardous Substance, creates a condition that adversely afti:.'Cts the value of !:he Property. The preceding
<br />two sentences shall not apply to the presence, use, or ~torage on the Property of small quantities of
<br />Hazardous Substances that are generally rel;ognized to be appropriate to normal residential uses and to
<br />maintenance of the Property (including, but not limited to, hazardous substances in COnSiumer products).
<br />Borrower shall promptly give lender written notice of (a) any investigation, claim, demand, lawsuit
<br />Or other actiOn by any governmental or resulatory agency or private party involving the Property and any
<br />Hazardous Substance or Environmental Law of which Borrower bas actual knowledge, (b) any
<br />Environmental Coni1ition. including but not limited to, any spilling, leaking, discharge. rlollease or threat of
<br />release of any HazardoUS SUbstance. and (c) any condition caused by the presence, use or release of a
<br />Hazardous Substance which adversely affects the value of tha Propeny. If Borrower learns. or is notitied
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<br />'"...~ F~.. 3028 '10'
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<br />GIt.G(NEI100061
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<br />paQ8 12 of 1~
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