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<br />200806054
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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' Notc; Change of Loan Servicer; Notice of Gricv3m:e. The Note or a partial interest in
<br />the Note (together with this Security Instrument) can be sold onc or more times without prior notice to
<br />BorroweL A sale might result in a change in the entity (known as the "Loan Serviccr") that collects
<br />Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan
<br />servicing ohligations under the Note, this Security Instrument, and Applicable Law. There also might be
<br />one or more changes of the Loan ServiceI' 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 Loall Servicer, the address to whkh payments should be made and any other information RE$PA
<br />requires in connection with a notice of transfer of servicing. If ttlC Note is sold and t\1ereafter the Loan is
<br />serviced bya Loan Servicer other than the purchas.er of the Note, the mortgage loan servicing Obligations
<br />to Borrower will remain with the Loan Servicer or betnmsferred to a successor Loan Servicer and are not
<br />.. .
<br />assumed by the Note purchaser unless otherwiseprovidcd by the Note purdwser.
<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;y-ises from the other party's actions pursuant to this
<br />Security Instrument or that aUegesthat the other party has breached any provision of, or any duty owed by
<br />reason of, this Security 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 18 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) "Hal,ardous Substauces" arc those
<br />substances defined as toxic or hazardous substances, pollutants, or wastes by EnvirolUllCntal Law and the
<br />following substances: gasoline. kerosene, other l1ammable or toxic petroleum products, toxic pesticides
<br />and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials;
<br />(b) "Environmental Law" means federal laws and laws of the jurisdiction where the Propeny is located that
<br />relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes auy 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 any Hazardous Substances, on or in the ProperlY. Borrower shall not do,
<br />nor allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental
<br />Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release of a
<br />Hazardous Substance, creates a condition that adversely affects the value of the Propei"ty. The preceding
<br />two sentences shall not apply to the presence, use, or storage on the Property of small quantities of
<br />Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to
<br />mairnenance 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 />Enviromnemal 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 presence, use or release of a
<br />Hazardous Substance which adversely affects the value of'the Property. If Borrower learns, or is notified
<br />
<br />~..6(NE) 1(407),02.
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<br />0110283038
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<br />pogo' 2 of Hi
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<br />Y. ((. L.
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<br />Form 3028 1/01
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