<br />200802518
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<br />shall remain fully effective as if no acceleration had occurn;d. However, this right to n;instah; shall n01
<br />apply in the case of acceleration undcr Section I R.
<br />20. Sale of Notc; Change of Loan Servicer; Notice of Grievancc. 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 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 unrelated 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 Loan Servicer, the address to which payments should be madc and any other information RESP A
<br />rcquires in connection with a notiee of transfer of servicing. If the Note is sold and thereafter tbe Loan is
<br />serviced hy a Loan Servicer other tban the purchaser of the Note, the mortgage loan servicing obi igations
<br />to Borrower will remain with the I,oan Servicer or be transferred to a successor l.oan ServiClT and !1I"l" 1)()1
<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 dass) that arises from the other party's actions pursuant to this
<br />Security Instrument or that alleges that the other party has breachcd any provision of, or any duty owed by
<br />rcason ot~ this Seeurity Instrument, until such Borrower or Lender has notified the other party (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 notice 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 be reasonable for purposes of this paragraph. The 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 U~ shall be deemed to satisfy the notice and opportunity to take corrective
<br />action provisions of this Section 20.
<br />21. Hazardous Substances. As used in this Section 21: (a) "B azardous Substances" arc those
<br />substances defined as toxic or hazardous substances, pollutants, or wastes by Envirorll1ll:Jltal I,!\w dllll the
<br />following substances: gasolinc, kerosene, other flammable or toxic petroleum products, toxic pesticides
<br />and hcrbicides, volatile solvcnts, materials containing asbestos or formaldehyde, and radioactive materials;
<br />(b) "En vironmental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br />relate to health, safety or cnvironmental protection; (c) "EnvironmL11tal Cleanup" includes any response
<br />action, remedial 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 />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous
<br />Substances, or threaten to release ,my Hazardous Substances, on or in the Property. Borrower shall not do,
<br />nor allow anyone else to do, anything affecting the Property (a) that is in violation of any I:nvironrnen(al
<br />Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release oj" a
<br />Hazardous Substanee, creates a condition that adversely afTccts the value of the Propeny. The preceding
<br />two sentences shall 110t apply to the presence, use, or storage on the Property of srnall quantities oj"
<br />Hazardous Substances that are gencrally 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 shall promptly give Lender written notice of (a) any investigation, claim, 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 />rdease of any Hazardous Substance, and (c) any condition caused by the presence, use or release of a
<br />Hazardous Substance which adverscly affects the value of the Property. If Borrower learns, or is notified
<br />
<br />.-6(NE) (0407).02
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<br />
<br />InitialS~
<br />
<br />0110278853
<br />
<br />f'''il" 12 of 15
<br />
<br />Form 3028 1/01
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