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<br />Shan ~einapl fUIly'}ffective,' as if nO ~elel"ation had occurred: However, this right to reinstate shall not
<br />apply intb,e ca.se of a~efation linderSection,18. " ,', , ,
<br />. 20. Sale~fNote; Change of LOan S~icer; Notice of Grievance. The Note or' a'partial interest fu.
<br />the 'Note (together with '/:his Sect.irity tDstrument) can be sold one or more times without prior notice to
<br />Borrower. A sale might result in, a, change in the entity (Iplown as the "Loan Servicer") that collects
<br />P~odic paymer{ts' dUe lln4er, the ')lote ~this SeCurity Instrwnent and performs other mortgage loan
<br />serVicing oblIgations under the Note. this Security InStnrinent, and Applicable Law. 'Th~re also miib,t be
<br />one or more changes of the LQan Servicer, unrelat~ to a sale of the Note. ' If there is it change of the Loan
<br />~rvicer, Boirowerwill ~,given :written notice of the change whiCh will state the naine and address of the
<br />ne~ Loan Servicei, the address to which payments should be made and aliy other Information RESPA
<br />requires in coJWeClion with a notice of transfer of servicing. If the Note is sold 'and thereafter 'the Loan is
<br />'setvi~ by a Loli4 Servieer other'than the purchaser of tire N~te, the mortgage loan serVicing obligations'
<br />to Borrower Will'iemain with the LOan Servicer or be transferred to a successor Lo8I;l Servic~r and are not
<br />as~ py tile Note Ilurchaser llIlless otheiwiSeproVided by the Notep~.., , '
<br />. "Neither Borra,wer nor Lender may cpi:n,inence, join; or be joined to any judicial action (as either an
<br />inc;livid~a1 .1itigaDt 'or the member of a class) that, arises 'from the otherparfy'S actionS pursuant to this
<br />Sec.urity Instrument or that alleges that the other party has ,breach~ any proVision of, or any duty owed by
<br />~aSon of, . this ,secUritY Instrument, until sucl?- Borrower or Lender has notified t4e other p~ (with ,such
<br />notice given in coinpliance with t1ie requirements of Section 15) of such alleged breacli'andaffordfrl the
<br />other party hereto a reasonable period after the giving of such notice to take corrective action. If
<br />Applicable l.aw provides a time periOd which mtist elapse before cert$l action can be taken, that tinie
<br />period w.ill be ,deemed to be reasonable for puIpO/lOS of this paragraph. 'I'he notice 'of acceleration <Qld
<br />opportunity to cure given to Borrower pursuaIit 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) "HazardoUs Substances" are those
<br />substances defined as toxic or, hazardous substances, pollutants, or wastes by Environmental Law and the
<br />. following, substances: gasoline,. kerosene, other ,flammable or toxic p~oleum products, toxic pesticides
<br />and herbicides', volatile solvents, materials containirigasbestos or formiudel:iyde;.and radioactive materials;
<br />o(b>' "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br />,relate to health,safety or enVironmental protection; (c) "Environmental Cleanup" includes any response
<br />'action, remedial action, or removal action, as rlefu1ed 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 thr'eaten to. release any 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 Environmental
<br />Law. (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or ie1ease of a
<br />Hazardous Substance, creates, a condition that adversely affects the value of the Property. The preceding
<br />two sentences shall not apply to the presence, use, Qr storage on the Property of small quantities of
<br />, Hazardous Sub~ces that, are generally 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 proniptly give Lender written notice of (a) any investigation, claim, demand, lawsuit
<br />orothcr action by any govemmental 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, leatdng, discharge, release or threat of
<br />release of any Hazardous Substance. and (6) any condition caused by the presence, use or release of a
<br />Hazardous SubstaIi.Ce which adversely affects the value, of the Pt:operty. If; Borrower 'letirns, or is notified
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<br />~-6INEl10401\.02
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<br />'Page 12 of 15
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<br />08-11-06-000003
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<br />Form 3028 1101
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