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<br />200802518 <br /> <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 <br />@ <br /> <br />InitialS~ <br /> <br />0110278853 <br /> <br />f'''il" 12 of 15 <br /> <br />Form 3028 1/01 <br />