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~;~~ ~ _ ; ~ ~z,, 201002490
<br />shall retnaiuz fully effective as if no acceleration had occurred. However, this right to reinstate shall not
<br />apply in the case of acceleration under Section l8.
<br />2b. Sate of Nate; Change of Loan Servicer; Notice of Grievance. The Note ar a partial interest in
<br />the Nate (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 Servicer") that collects
<br />Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan
<br />servicing obligations under the Note, this 5ecurtty Instrument, and Applicable Law. There also might be
<br />one or mare changes of the Loan Serviexr unrelated to a sale of the Nate. If there is a change of the Loan
<br />Servicer, Barrnwer will be giver[ written notice of the change which will state the name and address of the
<br />new J oan Servicer, the address to which payments should be made and any other information RESPA
<br />requires tut conneCtian with a notice of transfer of servicing. If the Nate is said and thereafkr fire Loan is
<br />serviced by a IAaH Servicex other than the purchaser of the Note, the tnor[gage loan gervicing obligations
<br />to Borrower will remain with the I..aan Servit:er or be transferred to a successor Loan Servicer and are not
<br />.assumed by the Nate purchaser unless otherwise provided by the Nate 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 ar that alleges that the other party has breached any provision af, 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 regttiretnents 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 tune period which must elapse befpre certain action cart be taken, that time
<br />period will be deemed to be reasonable for putpnses of this paragraph. The Holies" of acceleration and
<br />opportunity to cure given to Bntmwer pursuant to SectiaH ?.2 and the notice of acceleration given to
<br />borrower pursuant to Section 18 sltatl be tieett~d to satisfy the notice and opportunity to tape corrective
<br />action provisions of this Section 20.
<br />21. Hazardous Substances. As used in this Section 2I: (a) "Hazardous .Substances" are those
<br />substances defined as toxic ar hazardous substances, pollutants, or wastes by Environmental Law and the
<br />:following substances: gasoline, kerosene, other flammable or tottie petroleum products, toxic pesticides
<br />and herbicides, volatile solvents, materials coHtaining asbestos ar fonrtaldehyde, and xadlvactive materials;
<br />(b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property is lacat~ that
<br />relate to health, safety. or environmeaual protection: (c) "EnviroHmetttal Cleanup" includes any response
<br />action, remedial action, nr removal action, as defined in Hnvironmdental Law; and (d) an "Environntcntal
<br />Condition" means a condition that can cause, exrntribute to, or otherwise trigger an Envimntt~ntal
<br />Cleanup.
<br />Borrower shall not cause or permit the pt~sence, use, disposal, storage, or release of any Hazardous
<br />Substance, ar threaterd to release any Hazardous Substances, ern or in the Property. Borrower shall not tin,
<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 Envir6nmetttal Condition, ar (c) which, due to rho presence, use, or 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 off the Property of small quantities of
<br />Hazardous SWbstances 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 ptorxgrtly give Lender written notice of (a) any investigation, claim, detnaHd, lawsuit
<br />or other action by any governtn~ental or regulatory agency or private party involving the Property and any
<br />Hazardous Substance or &tvlronmetttal Law of which Harrower has actual knnwIedge, (b) any
<br />Environmental Condition, including but Hat limited to, any spilling, leaking, discharge, release or threat of
<br />release of any Hazardous Substance, and (c) any condition canned by the pt~esence, use or release of a
<br />Hazardous Substance which adversely affects the value of the Property. If Borrower learns, or is notified
<br />t~r~
<br />-6L3iNE1 toooet.A~ aros i 2 ~ i 6 Form 3028 1 /01
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