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<br />200800525
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<br />shall remain 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 Loan Servicer; Notice of Grievance. The Note or a partial interest in
<br />the Note (together with this Security Instrument) can be sold one or inore times without prior notice to
<br />Borrower. A sale might result in a change in the wtity (known as the "Loan Servicer") thatcoUects
<br />Periodic Payments due undcrthe Note and this Security Instrument and performs other mortgage loan
<br />servicing obligations under the Note, this Security Instrumt:Jit, 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 isa 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 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. Ifthe 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. Serviccr and are. not
<br />assumed 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 tht:otherparty'sactions pursuant to this
<br />Security Instrument or that alleges that the other party has breached any provision of, Or<lny dUty owed by
<br />reason of, this Security Instrument, until such Borrowefor Lendcrhas notified theotherparly (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 notict: to take corrective action. If
<br />Applicable Law provides a time period which must elapse before certain action can be taken, that time
<br />period will be deemed to he reasonable for purposes of this paragraph. Tht: notice of acceleration and
<br />opportunity to cure given to Borrower pursuant. to. Section .22 and the. notice of. acceleration given to
<br />Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opporturiitytotake corrective
<br />action provisions of this Section 20.
<br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" 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 containing asbestos or formaldehyde, and radioactive mlltt:rials;
<br />(b) "Environmental Law" meal1sfederallaws and laws of the jurisdiction where the Property is locatt:dthat
<br />relate tobealth, safety or environmental protection; (c) "Enviromnental Cleanup" includes any responst:
<br />action, remedial action, or removal action, as defined in EnviromnentalLaw; 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 perinit tbe 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,anytbing affecting the Property (a) that is in violation of any Environmental
<br />Law, (b) which creates an Environmental Condition,. or.(c) whicb,.dueto the presence,tise,orrelease.ofa
<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 Propertyofsmallqualltitiesof
<br />Hazardous Substances that are generally recognized to . be appropriate to normal residential uses. and to
<br />maintenance of the Property (including, but not limited to, hazardous substances in conSumer products).
<br />Borrower shallpromptIy give Lender written notice of (a) anyinvestigation,daim, 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, discharge, release or threat of
<br />release of any Hazardous Substance, and (c) any condition caused by the preserice, use or release of a
<br />Hazardous Substance which adversely affects the value of the Property. .IfBorrower learns, . or. is notified
<br />
<br />. . (j. ;j~.'.--'.""1011027BOB5
<br />Initials: ~
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<br />9~
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<br />G-6(NE) (0407).02
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<br />p;ge12 of 15
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<br />Form 3028 1f01
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