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201007141
<br />shall remai~u- fully effective as' if no acceleration had occurred. However, this right to reinstate shall not
<br />apply in the case of acceleration under Section 1$.
<br />20. Sale of Note; Change oP Loan Setrnicer; Notate oP C~rievsnce, The Note or a partial interest in
<br />the Nate (together with this Security Instrument) can be sold one or mnre times without prbr notice to
<br />Hortvwer. 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 dais Security Instrument and performs other mortgage loan
<br />servicing obligations under the Note, this Security Instanuatent, avid Applicable Law. There also might be
<br />o»e ar more changes of the Loan Servicer unrelated to a sale 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 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 Note is sold and thereafter the Loan is
<br />serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations
<br />to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not
<br />assumed by the Note purchaser unless otherwise provided by flue Note purehauuer.
<br />Neither Borrower taaar 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 of, or an3- duty owed by
<br />reason af, this Security Ittstx"ument,lTntll Such BOr1Y)VNCI ar Lender has natifted the other party (with SgCh
<br />umtice given in compliance with the tequiretnents 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 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 acceleration and
<br />opportunity W cure given to Borrower pursuant to Section 22 and the notice of acceleration given to
<br />Harrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective
<br />action provisions of this Section 20.
<br />2k. Haracdoas Snbstanaetu. As used in this Section 21: (a) "Hazardous Substances" arc those
<br />substances defined as toxic or hazardons substances, pollutants, or wastes by Enviromnental Law and the
<br />following substances: gasoline, kerosene, other flamngtrble or toxic petroleum products, toxic pesticides
<br />and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials;
<br />(b) "Euvlronuuental Law" means federal laws and laws of the jurisdiction where the Property is loraRcd that
<br />relate to health, safety or environmental protection; (c) "Environnnental Gleanup" includes aqy response
<br />action, renucdial action, ar removal action, as defined in Environmental Law; and (d) an "Environmental
<br />Condition" means a condition that can cause, contribute ta, or otherwise trigger an Environmental
<br />Cleanup:
<br />Borrower shall trot cause or permit the presence, use, disposal, storage, or release of any Hazardous
<br />Substances, or threaten to please a~+ Hazardous Substance®, an or in the Property. Borrower shall not do,
<br />~r allow arryone else to do, anything affecting the Property (a) that is in violation of arty Environmental
<br />Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release of a
<br />Hazardous Substance, creates a condition that adversely affects the value of the Properly. The preceding
<br />two sentences shall not apply to the presence, use, or storage on the Property of small quantities of
<br />Hazardous Substances that are generally recognized to be appropriate to normal residential oats and to
<br />maintcnanree of the Property (including, but not limited to, hazardous substances in consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, ckmand, lawsuit
<br />or other action by any governmental or regulatory agency or private party involving the Property and a>ry
<br />Hazardous Substruace or Envirommental Law of which Borrower has actual knowledge, (b) arty
<br />Environmental Conxlition, including but not limited ta, arty spilling, leaking, discharge, release or threat of
<br />release of an}r 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 rrotnficd
<br />NRAtiKA -Single Family - Fannfe Mc~lFnddM Nlae UNIFORM INSTRUMENT
<br />-61NE- roes a ~ P.~ i z at a 6 iNwr: „~' I,~ Fnrm 3028 1101
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