20100~OS3
<br />2{i. Sale of Nate; Chime of Loan 5ervicer; Notice of Grievance. The Nate ar a partial interest in
<br />the Note (together with this Security Instrument) can be sold one ar rnnre times without prior nofice to
<br />Borrower. A sale nnight result in a change in the entity (known as the "Lawn Servicer") that collects
<br />Periodic Payments due under rite Note and this Security Instrument and performs other mortgage hart
<br />servidng obligations under the Nnte, this Security Instrument, and Applicable Law. There also might be
<br />one or more changes of the Loan Servicer unrelated to a sale of the Nate. If there is a change of the Loan
<br />Servicer, Harrower will be given written notice of the Change which will state the name and address of the
<br />new Lnan Servicer, 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 Nate is said and thereafter the Loan is
<br />serviced by a Loan Servicer other than the purchaser of the Note, the mortgage faan servicing obligations
<br />to Harrower will remain with the Loan Servicer ar be transferred to a sucarssor Lin Servicer and are not
<br />assumed by the Nnte purchaser unless otherwise provided by the Nate purchaser.
<br />Neither Harrower nor Lender may commence, join, ar 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 parry has breached any provision of, or any duty owed by
<br />reason aF, this Security Instrument, until such Parrower or Lender has notified the other party (with such
<br />notice given in oompIiance with the requirements of Section I5) of such alleged breach and affard~ the
<br />other party hereto a reasonable period after the giving of such native to take corrective action. If
<br />Applicable Law provides a tune 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 acceleration and
<br />opportunity to cure given to Borrower pursuant io Secfian 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 Secdan 2i1.
<br />Zi. Hazacdaus SuTastans;es. As used iia this Secdan 21: (a) "Hazardous Substances" are those
<br />substances defined as toxic or hazardous substances, pollutants, ar wastes by Environmental Law and the
<br />following substances: ga~iine, kerosene, other flatnmable ar toxic petroleum products, tactic pesticides
<br />and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials;
<br />(b) "ZrrtvironmentaI Law" means federal laws and laws of the jurisdiction where the Property is located that
<br />relate to health, safety ar environmental prnterxian; (c) "Environmental Cleanup" includes any response
<br />action, remedial at~inn, ar removal action, as defined in Environmental Law; and (d} an "Emnironmental
<br />Canditfnn" means a condition that can cause, contribute to, ar 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 threaten W release any Hazardous Substances, on or in the Property. Borrower shall oat da,
<br />nox allow anyone else to da, anything affecting the Property (a} that is fn violation of any Environmental
<br />Law. (b) which creates an Em~ironmental Condition. ar (c) which, due to the 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, or storage on the Property of small quantifies of
<br />Hazardous Substances that are generally recognized to be appropriate to normal residenfial uses and to
<br />maintenance of the Property (including, but oat limited ta, hazardous substances in consumer products).
<br />Harrower shall promptly give Lender written notice of (a) any invesdgadntt, claim, demand, lawsuit
<br />nr other action by any governmental or regulatory agency ar 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 oat limited to, any spilling, leaking, 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 Harrower learns, or is notified
<br />by arty governmental or regulatory authority, or any private party, that any rernwal ar other remediation
<br />of arty Hazardous Substance affecting the Property is necessary, Borrower shall pramn;ptly take all necessary
<br />remedial actions in accordance with Etavlronmental Law. Nothing herein shall create any obligation nn
<br />Lender for an Environmental Cleanup.
<br />8800859219 88Qp8592~.9
<br />NEL3ttASiCA -Single Femliy -Fannie AtaelFnddie Mac UNIFORM INSTRUMlN7 WITM IAE
<br />~-BA(NE) (OBtO- aapa is of ~e In~asls: ~ Form 3028 1l01
<br />
|