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200806847 shall remain fully effective as if no acceleration had occurred However. this right to reinstate shall oot apply in the case of acceleration under Section 18 20. Sale of Note; Ch.ange of Lou Servicer; Notice of Grievance. The Note or a partial interest in the Note (together with this Security Instrumenj) can be sold one or more times without prior ootice to Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that collects Periodic Payments due lUlder the Note and this Security Instrument and. perfOlTIlS other mortgage loan servicing obligations lUlder the Note, this Security Instrument and Applicable Law. There also might be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written ootice of the change which will state the name and. address of the new Loan Servicer, the address to which payments should be made and any other information RESPA requires in connection with a ootice of transfer of servicing If the Note is sold and thereafter the Loan is serviced by a Loan S ervicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed by the Note purchaser unless otherwise provided by the Note purchaser. N either Borrower nor Leooer may commence, join, or be joined to any judicial action (as either an individual litigant or the member of a class) that arises from the other party' s actions pursuant to this Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by reason of, this Security Instrument lUltil such Borrower or Leooer has ootified the other party (with such notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the other party hereto a reasonable period after the giving of such notice to take corrective action If Applicable Law provides a time period which must elapse before certain action can be taken that time period will be deemed to be reasonable for purposes of this paragraph The ootice of acceleration and opportlUlity to cure given to Borrower pursuant to Section 22 and the ootice of acceleration given to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportlUlity to take corrective action provisions of this Section 2Q 21. Hazardous Substan.ces. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as toxic or hazardous substances, pollutants, or wastes by ElWironmental Law and the following substances: gasoline, kerosene, other flanunable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b) "E lWironmental Law' means federal laws and laws of the jurisdiction where the Property is located that relate to health safety or elWironmental protectiOq (c) "E lWironmental Cleanup" includes any response action, remedial action or removal action as defined in E lWironmental Law; and (d) an" E lWironmental Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup Borrower shall not cause or permit the presence, use, disposal storage, or release of any Hazardous Substances, or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, oor allow anyone else to do, anything affecting the Property (a) that is in violation of any ElWironmental Law, (b) which creates an Environmental Condition, or (c) which due to the presence, use, or release of a Hazardous Substance, creates a condition that adversely affects the value of the Property. The preceding two sentences shall oot apply to the presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses and. to maintenance of the Property (including but oot limited to, hazardous substances in consumer products). Borrower shall promptly give Lender written notice of (a) any ilWestigation, claim, demand lawsuit or other action by any governmental or regulatory agency or private party involving the Property and. any Hazardous Substance or ElWironmental Law of which Borrower has actual knowledge, (b) any E lWironmental Condition including but not limited to, any spilling leaking discharge, release or threat of release of any Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substance which adversely affects the value of the Property. If Borrower learns, or is notified VMIP-6A(NIE) (0407).01 Pago 1 2 of 1 5 Form 3028 1/01 Ol1LfC