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<br />200708699
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<br />shall reinain folly effuctive 88 if no acceleration had occw:red. However, this right to reinstate shall not
<br />apply in the case of a<:celeration under Section 18.
<br />ZOo Sale of Note; Cbange of Loan Servlcer; Notice of Grievance. The Note or a partial interest in
<br />the Note (together with this Security Inst:rwDent) can be sold one or more times without prior notice to
<br />Borrower. A sale might te8Ult in a change in the entity (known as the ftLoan Servicer-) 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 Instromen1, and Applicable Law. Tb.ere also might be
<br />one or :more changes of the Loan Servicer unrelated to a sale of the Note. H there is a chauge of the Loan
<br />Servicer, Borrower will be given written notice of the change which will state the name and address of the
<br />new Loan Service:r. the address to whicll. payments should be :made and any other information RESP A
<br />requires in connection with a notice of traDBfer of servicing. If the Note is sold and thereafter the Loan is
<br />scrviccd by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations
<br />to Bonower will remain with the Loan Servicer or be transfmed to a successor Loan Servicer and are not
<br />assumed by the Note purchaser lIDless otherwise provided by the Note purchaser.
<br />Neither Borrower nor Lender may eoDDIllmCe, join, or be joined to any judicial action (as either an
<br />individual litigant or the :mcmbCl" of a class) that arises from the other party's actions pursuant to this
<br />Security Instrument or that alleges that the other party bas breached any provision of, or any duty owed by
<br />reason of, this Security ID8l:n11IHmt, -until such Borrower or Lender bas notified the other party (with such
<br />:notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the
<br />other party hereto a reasonable period after the giving of such notice to take corrective action. H
<br />Applicable Law provides a time period which must elapse before certain action can be tsken. that time
<br />period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and
<br />opportunity to CIU'C given to Borrower punmant to Section 22 and the notice of acceleration given to
<br />Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective
<br />action provisions of this Section 20.
<br />21. Hazardous SubstanceS. As used in this Section 21: (a) .Ha.zardous Substancesft are those
<br />substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the
<br />following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides
<br />and herbicides, volatile solvents, materials cont:ainiDg asbestos or formaldehyde, and radioactive materials;
<br />(b) .Bnviron:menta1 Law. meana fedcrallaws and laws of the jurisdiction where the Property is located that
<br />relate to health, safety or en:viromneIJtal protection; (c) ftEnvironmental Cleanupft includes any response
<br />action.. remedial action, or removal action, as defined in Environmental Law; and (d) an .Environmental
<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, disposal, storage, or release 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, anylhing affecting the Property (8) that is in violation of any EnviroDJ:DCntal
<br />Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release ofa
<br />Hazardous Subst8me, creates a condition that adversely affects the value of the Property. The preceding
<br />two sentenceS shall not apply to the presence, use, or storage on the Property of small quantities of
<br />Hazardous Substances that are generally recognized to be appropriate to normal :residential uses and to
<br />IDBintenanee of the Property (including, but not limited to, hazardous substances in consumer products).
<br />Borrower shall promptly give Lender written notice of <a) any investigation, claim, demand, lawsuit
<br />or other action by any governmental or :regulatory agency or private party involving the Property and any
<br />Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any
<br />Environmental Condition, including but not limited to, any spilling, leaking, disclw:ge, release or threat of
<br />relesse of any Hazardous Substance, and (c) any condition cwsed by the presence, use or release of a
<br />__ s._ wbi<:h advencIy .- the -. of the l'IopettJ. ~~ \oamo, or ;, notified
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<br />G-6INEI (00061 P_1hf 15 . FDrm 3028 1/01
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