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<br />shall remain fully effective as if no acceleration had occurred. However, this ri�;ht to reinstate shall not
<br />apply in the case of acceleration under 5ection 18.
<br />20. Sale of Note; Change of �nan Servicer; Notice of Grievance. The Note or a partial interest in
<br />the Note (togcther with this Security Instrument) can be sold one or more times without prior notice to
<br />Borrower. A sale tnight result in a change in the entity (known as the "Loan Servicer") that collects
<br />Periodic Payments due under the Note and this 5ecurity Instrument and performs other mortgage loan
<br />servicin�; ohli�ations under the Note, this 5ecurity Instrument, and Applicable Law. There also might be
<br />one or more changcs of the Loan 5ervicer unrelated to a sale of the Note. lf 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 5ervicer, the zddress to which payments should be made and any other information RESPA
<br />requires in comlection with a notice of transfer of servicing. If the Note is sold and thcreaftcr thc Loan is
<br />servieed by a Loan Servicer other than the purchaser of the Nc�te, the mortbage Ic�an sc;rvicin� c�bli�atic>ns
<br />ta Barrower will remain with the Loan Servicer or be transferred to a succcssor I,oan Servic:er and arc not
<br />assumed by the Note purchaser unless otherwise provided by the Note purchaser.
<br />Neither Bc�rrawer nor Lender may eommenee, 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 ather party has breached any pravisian af, ar any duty awed by
<br />reason of, this Security Instrument, until such Barrawer or Lender has noti�ed the ather party (with such
<br />notice given in compliance with the requirements of S�ction 15) of such alleged breach and afforded the
<br />other party hereto a reasanable periad after the giving af such natice 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 dcemed to be reasonable far purposes of this paragraph. The notice of acceleration and
<br />c�p�ortunity tcy curc� given to Barrower pursuant to Section 22 and the notice of acceleration given to
<br />Borrower pursuant to Sectian 1 S shall be deemed to satisfy the notice and opportunity to take corrective
<br />action pravisions of this Section 20.
<br />2l. Hazardous Substances. As used in this 5ection 21; (a) "Hazardous Substances" are those
<br />substances defined as taxic ar hazardaus substances, pallutants, or wastes by Environmental Law and the
<br />fallowing substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides
<br />and herbicides, volatile salvents, materials containing asbestos or formaldehyde, and radioactive materials;
<br />(b) "�nvironmental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br />relate tp health, safety ar environmental protection; (c) "Environmental Cleanup" includes any response
<br />actiC�n, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental
<br />Cc>ndition" means a condition that can cause, contribute to, or otherwise trigger an Environmental
<br />Cleanup.
<br />Borrow�:r shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous
<br />Substances, ��r threaten to release any Hazardous 5ubstances, 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 �nvironmental
<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 Property. 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 ganerally recognized to be appropriate to normal residantial uses and to
<br />maintenance 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, demand, lawsuit
<br />or other action by any governmental or regulatory agency or private party involving the Froperty and any
<br />Hazardous 5ubstance or Environmental Law of which $orrower has actual knowledge, (b) any
<br />Environmental Condition, including but not 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 />H�tzardc>us Sut�stance which adversely affects the value of the Property. If Borrawer learns, or is nc�tificd
<br />n �� 1111056077
<br />�-s(N�) (0407).02 P�e 12 of 15 /'? ��� Form 3028 1/01
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