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200801215 shall ,emam fully effeL.1ive as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18. 20. Sale or Note; Change of Loan Ser\l'icer; Notice of Grievance. The Note or a. partial interest in the Note (togerher with this Secu,ity ID.Strun:lent) can be sold One or more times without prior notice to Borrower. A sate might resulr in a change in the entity (knoWn as the "Loan Servicer") Ihat collects Periodic Payments due under the Note and this Secl.1rity Insrrurnent and perfonns other mortgage loan servicing obligations under the Note, this Security Insttllment, and Applicable Law. There also mighL be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan SetVicer. Borrower will be given written notice of rhe chanGe which will state rhe name and addre.!j$ of the new Loan Servicer, the address to which payments should be made and any other infonnation RESP A requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter rhe loan is serviced by a. Loan Serviccr other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with me Loan Servicer or be Lransferred to a successor Loan Servicer and are not assumed by the Note purchaser unless otherwise provided by (he Note purchaser. Neither Borrower nor Lender may commence. join, or be jotnoo to any judicial action (as either an indivirJuallitiganr or the member of a class) that arises from the other palty's ,8.mions pursuant to this Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by reason of. tlJis Security Instrument, until such llorrower or Lender has notified the other party (with such notice given in compliance wirh the requirements of Section 15) of web alleged breach and afforded the other party herero a reasonable period after the giving of such notice to take corrcctive action. If Applicable Law provides a time period which must elapse before cenain action can be taken, that time period will be deemed to be reasonable for purposes of this paragraph. The notice of al:l:eleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to Section IS shall be deemed to satisfy the notice and opporrunity to take correc[ive action provisions of this Section 20. 21. Hazardous Substances. As used in tbis Section 21: (a) "Hazardous S~bstances" are those substances defined as toxic or haz.ardous substances. pollutants, or wastes by Environmental Law and me following subslances: gasoline, kerosene. other flammable or toxic petroleum products, tOxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldeb.yde, and radioact~ve materials; (b) "Environmental Law" means federal laws and laws of the jurisdiction whCTe the Properry is located thaI relate to health. safety or environmental protcction; (c) "Environmental Cleanup" includes any response action, remedial action, 01" removal action, as defined in Environm.ental Law; and (d) an "Environmental Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup. Borrower shall not cause or permit the presence, use, d;~posal, storage, Or releMe of any l-Iawtlous Substll1lces. or threaten to release any Hazardous Substances, on or in the Propeny. Borrower shall not do, nOr allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental Law, (b) which creates all Environmental Condition. or (c) which, due to the presence. use, or release of a Hazardous Subsrance, crealCS a condition that adversely affet..'ts the value of the Propeny. The preceding LwO sentences shall not apply to rbe presence, use, or storage on the Prope:.ly of small quamitjcs of Hazardous Substances that are generally recognized to be appropriate to normal residential uses and [0 maintenance of the Property (including, bm not limited to, hazar(lous substances in conSumer products). Borrower shall promptly give Lender wrirren notice of (a) any investigation, claim. demand, lawsuit or other ac[ion by any governmental or regulatory agency Or private party involving the Property and any Hazardous Substance or Envir01unental Law of which :Borrower has acmal knowledge. (b) any Environmental Condition, inCludinG but n01limitcd to. any spilling, leaking, discharge, release or threat of release of any Hazardous Subsrance. and (c) any condition caused by the presence, use or release of a Hazardous Substance which adversely affecrs the value of the Property. If Bon-ower learns, or is notified cDi6(NEl (0005) PlIgl! 12 gf 15 1~lliAIa'.:t:s..- ps Form J02Q 1/0'