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201001797
<br />shall amain fully effective as if na acceleration had occurred. However, this right to reinstate shall not
<br />apply in the: case of accclcratian under Section l 8.
<br />20. Sale of Nate; Change of Loan Scrvicer; Notice of Grievance. The Nate ar a partial interest in
<br />the Natc (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 Scrvicer") that collects
<br />Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan
<br />servicing obligations under the Notc, this Security Instrument, and Applicable Law. There also might be
<br />one ar more changes of the Laan Scrvicer unrelated to a sale of the Note. If there is a change of the Loan
<br />5ervicer, Borrower will be given written notice of the change which will state the name and address of the
<br />new Loan 5ervicer, 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 Loan 5ervicer other than the purchaser of the Note, the mortgage loan servicing obligations
<br />to Borrower will remain with the Loan Scrvicer or be transferred to a successor Loan Scrvicer and are not
<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 class) that arises from the other party's actions pursuant to this
<br />Security Instrument or that alleges that 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 afti~rded 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 accclcratian and
<br />opportunity to cure given to Bcmrawcr pursuant to Section 22 and the notice of accclcratian given to
<br />Barrower pursuant to Section 1 S shall be: deemed to satisfy the notice and opportunity to take corrective
<br />action provisions of this Section 20.
<br />zl. 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 ar 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 Property is located that
<br />relate to health, safety or environmental protection; (c) "hnvironmental 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 />C-leanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous
<br />Substances, ar threaten 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 I':nvironmental
<br />Law, (b) which creates an Environmental Condition, ar (c) which, due to the presence, use, ar release 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, ar 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 />maintenance of the Property (including, but not limited ta, 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 ar regulatory agency or private party involving the Property and any
<br />Hazardous Substance or Environmental Law of which Borrower ha~+ actual knowledge, (b) any
<br />Environmental Condition, including but not limited to, any spilling, baking, 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 />~~ 0110301574
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