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<br />200806925 <br /> <br />shall remain fully effective l\S if no acceleration had occurred. However, this right to reinstate shall not <br />apply in the case of acceleration under Section 18. <br />ZOo Sale 'of Note; Cha"ge of Loan Servicer;Notlce of Grhw8nce. The Note or a partial interest in <br />the Note (together with t~is Securitylnstniment) 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") thal collects <br />Periodic Payments due under the Note and tbis Security Instrument and performs other mortgage loan <br />:servicing obligations under the N\lte, this Security Instmment, and Applicable LaW. There also might be <br />one or more changes of the Loan Servicer unrelated to a saie 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 Ser.vicer, the address to which payments should be made and any' other ,information RESPA <br />requires in connection with a notice of transfer of servicing.' If the Note is sold and thereafter the Loan is <br />serviced by a LoanServicer Qther thantlle pi1l:chaserof the Note, the mortgage loan servicing obligations <br />to Borrower willl'emain \\iith the Loan SeTvi<;er rirbe tr. 8qsfei:red,. tOa. Sticce. .. ssorLoan ServiCer and are not <br />. ' , I .. . . , . <br />.asSuiried by the NoteplJrcbaserunH~~solh'etwise prClvided. tly the N ote' purCh~er. . .. .. <br />.. Neither t3otrower ndrLerider triayoommence, join,or bejoined to any judicial action '(aseitheI; aU <br />individ\lal iitigant or the member.ofa Class) that arises Jrorn the other party'sacti.ons pursimnt toihis <br />Security Instruntent or that -alleges that the other party has brea~hed any provision of, or any duty owed by <br />reason of~. this Security Inst11lment, ilotilsuch ~()ITower or Lender hasnotitied the other party (with such <br />rtoticegiven ih compliance. With the requirements. Of section 15) of such alleged breach. and afforded the <br />other party hereto a reasonableperiodaf"ter the giving of ,such notiCe to tai<:ecorrective action. If <br />Applicable Law provides a time period which must eiapse before cet'tainaction can be taleen, 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 theho.tice of acceleratio.n given to. <br />Borrower pursuant to. Section 18 shall be deemed to satisfy the notice and opportunity to take corrective <br />action provisions o.f this Section 20.. .. .. <br />21. Hazardous Substa,nces. As used in this Sectio.n 21: (a) "Hazardous Substances" are those <br />substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the <br />following su!:lstances:gasoline, kerosene, other tlammable or toxic petroleum products, toxic pesticides <br />and herbicides, volatile solvents, materials containing lI$bestos or formaldehyde, and radioactive materials; <br />(b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property islocated that <br />'relate to health, safety or environmental protection; (c) "Environmental CleanUp" includes any response <br />action, remedial action, o.r removal action, as defined in Environmental Law; and (d) an "Enviro.nmental <br />'Condition" means a condition that can calise, contribute to, or otherwise trigger an Enviro.nmental <br />Cleanup. <br />Borrower shall not cause or permit the presence, lise, disPo.sal, storage, or release of any Hazardous <br />Substances, ot threaten to ,releaSe any Hazardous S\lbstances, on or in the 'Property. Borrower shall not do, <br />nor allow anyone else to do, any thing affeciing the Property (a) that is in violation o.f any Environmental. <br />Law, (b) which creates ani Enviro.nmental Condition; or (c) which, dtle to the presence, use, or release of a <br />Hazardous Su~stance, createi a condition that adversely affects the value of the Property. The preceding <br />two. .sentences' shall not apply to the. presence, use, or storage on the Property 0.1' small quantities of <br />Hazardous Supstances that are generally reco.gnized to be appro.priate to no.rmal residential uses and to <br />maintenance of the Property (includin!h but not limited to., hazardous substances in consumer products). <br />Borrower shall promptly give Len,der written notice of (a) any investigation, clairri, demand, lawsuit <br />or other actio.n by any governmental or regulatory agency or private party involving the Property and any <br />Hazardous Substance or Environmental Law of which Borrower has ,actual knowiedge, (b) any <br />Environmental Condition,. including but no.t limited to, any spilling, leaking, discharge, release or threat of <br />relea$e - of any Hazardous Substance; and (0) any condition caused by the presence,. use or reI ease - of 11 <br />Hazardous Substance whiCh adversely affects the value of the Property. If Borrower learns, o.r is notified <br /> <br />roga I;/, of 1 5 <br /> <br />Inl~ <br />:fI5- <br /> <br />0110283305 <br /> <br />~-6(NEII0407l.02 <br /> <br />Form 3028 1/01 <br />