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�oioos��c <br />� �� <br />shall remain fu11y effective as if no acceleration had occurred. However, this right to reinstate shall not <br />apply in the case of acceleration under 5ection 18. <br />20. Sale of Note; Change of Laan Servicer; Notice of Grievance. The Nate or a partial interest in <br />the Note (tagether with this Security Instnunent) can be sold one or rnore tirnes without prior notice to <br />Borrawer. A sale might result in a change in the entity (lmawn as the "Loan Servicer") that collects <br />Periodic Payments due under the Note and this Security Instrurnent and performs other rnortgage loan <br />s�rvicing abligations under the Nate, this Security Instrument, and Applicable Lavv. There also xnight be <br />one or more changes of the L.aan Servicer unrelated to a sale of the Note. If there is a change of the L,oan <br />Servicer, Borrower will be given written notice af the change which vvill 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 natice of transfer of servicing. If the Note is sold and thereafter the T.,oan is <br />serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loa►a servicing obligations <br />ta Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not <br />assumed by the Note purchaser uriless otherwise provided by the Note purchaser. <br />Neither Borrawer nor Lender may commence, join, or be joined to any judicial action (as eithar an <br />individual litigant or the member af a class) that arises from the other party's actions pursuant to this <br />Security Instrument or that alleges that the other party has breached any provision of, 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 requirements of Section 15) of such alleged breach and afforded the <br />other party hereto a reasonable period after the giving of 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 />p�riad will be de�med to be reasonable for purposes of this paragraph. 1fie notice of acceleration and <br />appartunity to cure given to Borrower pursuant to Section 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 Section 20. <br />21. Hazardous Substances. As used in this SecCion 21: (a) "Hazardous Substances" are those <br />substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the <br />following substances: gasoline, kerasene, other flanunable or toxic petroleum products, toxic pesticides <br />and herbicides, volatile solvents, materials contaiiung asbestos or formaldehyde, and radioactive rnaterials; <br />(b) "�nvironmental Law" means federal laws and laws of the jurisdiction where the Property is located that <br />relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any response <br />actian, remedial actian, or removal action, as defined in Environmental Law; and (d) an"Enviranmental <br />Condition" means a condition that can cause, contribute to, or otherwise trigger an Environrnental <br />Cleanup. <br />Borrower shall nat cause or pernut the presence, use, disposal, storage, or release of any Hazardous <br />Substances, oar threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, <br />nor allovv anyone else to do, anything affecting the PropeRy (a) that is in violation of any Enviranmental <br />I.aw, (b) which creates an Envixonrnental Condition, or (c) which, due to Che presence, use, or release of a <br />Hazardous Substanc�, 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 Froperty of snnall quazxtities of <br />Hazardous Substances that are generally recognized to be appmpriate to normal residential uses and to <br />rnaintenance of the Property (including, but not limited to, hazardous substances in consurner products). <br />Borrower sha11 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 Property and any <br />Hazardous Substance or Environmental Law of which $orrower has actual lrnowledge, (b) any <br />Environimental Condition, including but not limited to, any spilling, leaking, discharge, release or threat of <br />release of any Hazardaus 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 notified <br />Initials: <br />�-BG(NE) 100o51.ot Page 12 of 15 Form 3028 1/01 <br />� <br />. ; '� r'8 r' y ,. <br />