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<br />200709477 <br />shall remain fully effective 8S if no acceleration had occurred. However. this right to reinstate shall not <br />apply in the case of acceleration under Section 18. <br />20. &tIe of Note; Change of LOflJ2 Servieer; Notice 01 Grievance. The Note or a partial interest in <br />the Note (together 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 Servicertl) that collecls <br />Periodic Payments due under tbb Note and this Security Instrument and performs other mortgage loan <br />servicing obligations under the Note, this Security J11$trume!1t, and Applicable Law. There also might be <br />one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan <br />Servicer I Borrower will be given written notice of the change which wiIlstate the wune and address of the <br />new'Loan Servicer, the address to which payments should be made and any other information :RESPA <br />requires in connection with a notice of transfer of servicing. It 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 transferred to a successor Loan Servicer and are not <br />MS1.llDCd 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 />ind.iviclual litiaant 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 party has breached any provision of, or any duty owed by <br />reason of, this Security Instrument, until such Borrower or Lender has notified the other party (with auc.h <br />notice given in compliance with the requirements of Section 15) of such alleged brcacb and afforded the <br />other party hereto 8 reasonable period after the givin& Ot such notice to take corrective action. If <br />Applicable Law provides a time period which must elapse before certain action can be taken. that ti.tne <br />period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and <br />opportunity to cure given to Borrower pUIlIlJant to Section 22 and the notice of acceleration given to <br />Borrower pursuant to Section 18 shall be deemed to satisfy the notice and OppOl.'lwUty to take corrective <br />action provisions of this Section 20. <br />Zl. Hazardous Substances. As used in this Section 21: (8) "Hazardous Substances" are those <br />substances clefinecj as toxic or hazardous s.qbs.tances, pollutants, or wastes by Environmental Law and the <br />following substances: gasoline. kerosene. other flanunable or to,uc petroleum products, toxic pesticides <br />and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; <br />(b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located tbat <br />relate to health. safety or environmental protection; (c) "Environmental Cleanup" includes any re8ponse <br />action, remedial' action, or removal action. as defined in EnvU'onmentp]. Law; and (d) an "Environmental <br />Condition" means a condition that can cause, contribute to, or otherwise trigger an EIl.vironmenUl1 <br />Cleanup. <br />Borrower shall not cause or permit the pre8ence~ use. disposal. storage, or release of any Hazardous <br />Substances. or threaten to re1ease any HaMrdous Subs.~s, on or in tho PrQpcrty. 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 creates an Environmental Condition, or (e) which, due to the presence, use, or release of a <br />Hazardous Substance, 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 nonna! residential uses and to <br />maintenance of the Property (including, but not limited to, hazardous substance& in consumer products). <br />Borrower shall promptly give Lenaet written notice of (a) any investigation. claim. demaDd. lawsuit <br />or other action by any governmental or regulatory asency or private party involving the Property and any <br />Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any <br />Environmental ConcUtion, inclucUng bu~ not limited to, any spWing.leak!ng, discharge, w.ease or threat of <br />release of any Hazardous Substance, ancl (c) any cond.ition caused by the presence. use or release of a <br />Hazardous Substance which advCIsely affects the value of the Property. If Borrower learns. or is notified <br /> <br />Gl,-6INEl IOOOGI <br /> <br />"ll!lelaotlS <br /> <br />I"itlol'~ t(. <br /> <br />Form 3028 1101 <br />