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<br />shall remain fully effective as if no acceleration had occurred. However, this right Co reinstate shall not
<br />apply in the case of acceleration under Seccion 1$.
<br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note ar a partial interest in
<br />the Note (together with this Security Instrwment) can be sold one or rnore times without prior notice to
<br />$orrower. A sale rnight result in a change in the entity (known as the "Loan Servicer") that collects
<br />Periodic Payments due under tlae Note and this Security Instruznent and perforn�s other mortgage loan
<br />servicing abligations under the Note, this Security Instrurnent, and Applicable I,aw. There also [r►ight b�
<br />one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the L.oan
<br />Servicer, Borrovver will be given wr�tten 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 Sexvicer ather than the purchaser of the Note, the mortgage loan servicing obligatians
<br />to Borrower will reznain with the L.oan $ervicer or be transferred to a successor Loan Servicer and are not
<br />assumed by the Note purchaser unless otherwise provided by the Note purchaser.
<br />Neither Borrower nor I,ender may comrnence, 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 ta this
<br />Security Inst�vment or that alleges that the other party has breached any provision of, or any duty awed by
<br />reason of, this Security instnunent, until such Bonower 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 afforded the
<br />other party hereto a reasonable period after the giving of such notice to take corrective action. Zf
<br />Applieable Law provides a tizne periad which must elapse before certain action can be taken, that time
<br />period will be deeamed to be reasanable for purpases of this paragraph. The notice of acceleration and
<br />opportunity to cure given to Barrower pursuant to Section 22 and the natice of acceleration given ta
<br />Borrower pursuant to Section 18 shalI be deemed to satisfy the notice and opportunity to take coxrective
<br />actian provisions of this Section 20.
<br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those
<br />substances definetl as toxic or hazaz'dous substances, pollutants, or wastes by Environmental Law and the
<br />following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides
<br />and herbicides, volatile solvents, materials contaianing asbestos or formaldehyde, and radioactive materials;
<br />(b) "Enviroz�rnenCal Law" means federal laws and laws of the jurisdictian where the Property is located that
<br />retate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any respanse
<br />action, t'etnedial action, or removal action, as defined in Environmental Law; and (d) an "Envirotunental
<br />Condition" means a condition that can cause, conCribute ta, or otherwise trigger an �nvironmental
<br />Cleanup.
<br />Borrower sha�l not cause or pernut the presence, use, disposa�, storage, or release of any Hazardous
<br />Substaan.ces, or threaten ta release any Hazardous Substances, on or in the Property. Borrower shall not do,
<br />nor allow anyone else to do, ar►ything aff�cting the Property (a) that is in violation of any Environrnental
<br />Law, (b) which creates an Environmental Condition, or (c) which, due to the pr�sence, 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 generally recognized to be appropriate to nonm,al residential uses and to
<br />maintenance of the Property (including, but not limited to, hazardous substances zn consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, clairn, demand, lawsuit
<br />or other actinn by any governrnental or regulatory agency or private party involving the Property and any
<br />Hazardous Substance or Environrnental Law of which Borrower 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 />Hazardous Substance which adversely affects the value of ttze Property. If Borrower learns, or is notified
<br />Initials:
<br />�-EG�NE) (OD051.01 Page 12 of 15 Form 3028 7/01
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