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<br />200800270
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<br />shall remaiD. fully effective as if no acceleration had occurred. However, this right to reinstate shall not
<br />apply in the case of acceleration under Section 18.
<br />20. Sale of Note; Change of LoaD Serrlc:er; Notiee of Grievance. The Note or $. panial interest in
<br />the Note (together with this Security Instrument) can be sold one or more times without prior notice to
<br />Borrower. A s;ue might result in a change in the entity (known as the "Loan Sexvicer'") that collects
<br />Periodic Payments due Ul1der the Note .\U3.d this Security Instrument and perfonns other ;mortgage loan
<br />servicing obligations ooder the Note, this Security Instrument, ami Applicab1e Law. TheX"e also might be
<br />one or more changes of the Loan Servicer unrelate4 to a sale of the Note. If there is a change of me: Loan
<br />Service:r. Bl);rrower will be give;o. wtitten notice of the change which will state the name and address of the
<br />new Loan Se:l;-vicer, the addres~ to which payments should be made and any other information RESPA
<br />requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is
<br />serviced by a Loan Servicer other than the purchaser of the Note, the mongage lo$.l) servicing obligations
<br />to Borrower will re:Lnairt with the Loan Sexvi.cer or be IraDSferred to a successor Loan Servicer aJ1d are not
<br />assumed by the Note pW"Cbaser unless otberwille provided by the Note purchaser.
<br />Neither Borrower nor Lender nmy commence, join. or be joined to any judicial action (as either an
<br />individual litigMt or the member of a class) that arises from the other party's actions pUJ:$'llant to this
<br />Security Instrument OJ: thm alleges that the other party has breached. my pr-ovision of, or any 4uty owed by
<br />.eason of, this Security Instroment, until such Borrower or Lender has notified the other pany "(with such
<br />notice given in compliance with the requirements of SeeriOI1 15) of such alleged breach and afforded the
<br />other party herc:to a m1$~le' period after the gjvm.g of such notice to t~e corrective action. If
<br />Applicable Law provides a time period which must elapse !)efore cerrain action can be taken, that time
<br />period. will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and
<br />opponunity w cme given to Borrower pursuant to SeetiOI1 22 and the notice of .acceleranon given to
<br />Borrower pursuant to SectiOn 18 shall be deemed to satisfy the nonce and opponunity to take corrective-
<br />action provisions of this Section 20.
<br />21. ,Ha:&lll'dQU$ Substances. As used in troll SeetioI1 21: (a) "Hazard.ous Substances" are those
<br />substances defined as toxic ot hazardous substances. pOllutants, or wastes by Environment.all..aw and the
<br />following substances: gasoline. kerosene, other flammable or toxic petroleum products, toxic pesticides
<br />and herbicides, volatile solvent.!i, mo\tepal$ containing asbestos or fonnaldehyde, and radioactive materials;
<br />(b) "Enviro:mnentaI Law" means fedeX"allaws .and laws of the jurisdiction where the Property is located that
<br />relate to health, safety or environmental protection; (e) <Environmental Cleanup" mc.ludes any.response
<br />action, remedial acti9Xl., Or removal action, as dermed in Ellvironmental Law; and (d) ,an "TEnvi.roi11nenta1
<br />Condition" means a condition that can cause, contribute to, Or othetwise trigger an Enviromnental
<br />Cleanup. '
<br />Bouower ~a1l not cause or pemrit tbe pres~ce, use, disposal, storage, oX" release of any Hazardous
<br />Snbstances, or threaten to release any Hazardous SUbstances, on or in the Propeny. Borrower Shall not do,
<br />nor allow anyone else to do, anything affecting the Property (a) thai is in violation of any Environmental
<br />Law, (b) wlUch creates an Environmental Cj;ln.dition, or (c) which, due to tlJ,e presetlce, use, or release of a
<br />Hazardous Substance, creates a condition that adversely affects me value of the Property. The preceding
<br />IWO sentences shall nOt apply to the presence, use, Ot stQtage on the Property of small quantities of
<br />Hazan:lous Substances that are generally recoillized to be ap,?X"opriate to DOnna! residential uses and to
<br />maintenance of the Propeny (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 govermnental 'Or J:egul.atory agency or private party involving the Property and any
<br />Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any
<br />Envitonmental Condition, including l;mt not limited to, any Spilling, leaking, discharge, release 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 the Property. If Borrower learns, or is notified
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<br />__ -6INE) 100051
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<br />PBge 12 of 15
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<br />Form a02S 1/01
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