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<br />200708844 <br /> <br />20. Sale of Notej Change of Loan Servicerj Notice 01 Grievance. The Note or a partial interest in <br />the Note (together with this Security Instrument) ean 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 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 Instrument, and Applicable Law. There also might be <br />one or more changes of the Loan Servicer ullTelated to a sale of the Note. If there is a change 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 Loau Servicel, rhe address to whJch payments should be made and any other information 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 1I Loan Servicer other than the purchaser of the Note, the mortgage 101ln servicing obligations <br />to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not <br />lIssumed by the Note purchaser unless otherwise provided by the Note purchaser. <br />Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an <br />individual litigant Or the member of a class) that arises from the other party's actions pursuant to this <br />Security Instrument or that alleges that the other pllrty has breached any provision of, or any duty owed by <br />reason of, this Security Instrument, until such Dorrower or Lender has notified the other party (with such <br />notice given in compliance with the requirements of Section 15) of such alleged breach "nd lIfforded the <br />other party hereto a reasonable period after the giving of such notice to take corrective actioa. If <br />Applicable Law provides a time period which must elapse before certain action can be taken, lhat time <br />period will be deemed La be reasonable for purposes of this paragraph. The notice of lIcceleration and <br />opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given to <br />Borrower pursuant 10 Section 18 shall be deemed to satisfy the notlee and npportunity to take corrective <br />actioa provisions of this Section 20. <br />21, Ha:mrdous Substances. As used in this Section 21: (a) "Hazardous Substances" are those <br />substances defined as toxic or hazardtllls substances, pollutants, or wastes by Environmental Law and the <br />following substarices: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides <br />and herbicides, volatile solvents, materials containing asbestos or formllldehyde, and radioaCtive materials; <br />(b) "Environmentlll Law" means federal laws ami laws of the jurisdiction where the Prop~rty is located that <br />relllle to health, safety or environmental protection; (e) "Environmental Cleanup" includes any response <br />lIclion, remedilll 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 />Dorrower shall not cause or permit the presence, use, disposal, storage, or rclease of lIny Hazardous <br />Substances, or threaten to release any Hazardous Substances, on or In the Property. Dorrower shall not do, <br />nor allow nnyone else to do, anything affecting the Property (a) that is in violation of any Environmental <br />Law, (b) which creates lIn Environmental Condition, or (c) which, due to the presence, use, or release of a <br />Hazardoos Substllnce, creates a condition that adversely affects the value of the Property. The preceding <br />two sentences shllll not apply to the presence, use, or slorage on the Properly of smllll qUllntities of <br />Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to <br />maintennncc of the Property (including, but not limited to, bazardous substances in consumer products). <br />Borrower shall promptly give Lender written notice of (a) nny investigation, claim, demand, lawsuit <br />or other action by any governmental or regulatory agency or private party involving tbe Property and any <br />Hazardous Substllnce or Environmental Law of which Borrower has actual knowledge, (b) any <br />Environmental Condition, incloding but not limited to, any spilling, leaking, discharge, release or threat of <br />release of any Hazardous Substnnce, nnd (c) any condition caused by the presence, uSe or releaac of a <br />Hnzardous Substance which adversely affects the value of tJle Property. If Borrower learns, or is notified <br />by any governmental or regulatory autbority, or any private party, that any removal or other remediation <br />of ,my Hazardous Sobstance affecting the Properry is necessary, Borrower shall promptly take all necessary <br />remedial !lctions in accordance with Environmental Law. Nothing hereln shall create any obligation On <br />Lender for an Environmental Cleanup. <br /> <br />~'6AINEII04071.01 <br /> <br />P.". 'l2 o.f 16 <br /> <br />1""I~ <br /> <br />Form 3020 1'01 <br />