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201048586
<br />20. Sale of Note; Change oF Loan Servicer; Notice of Grievance. The Nat� or a partial interest in
<br />the Note (together wich this Security lnstrument) ca�i be sold one or more times without prior notice to
<br />Borrower. A sale might resulc in a change in the entity (known as the "Laan S�:rvic�:r") that collects
<br />Periodic Payments due under the Note a►�d tl�is Security Instruznent and performs other mortgage loan
<br />servicing obligations under the Note, this Security Tnstrument, and Applicable Law. There also might be
<br />one or 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 chan�;e 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 cnnnection with a notice of transfer of' servicing. lf the Note is sold and thereafter the Laan is
<br />serviced by a Loan Servicer other than the purchaser of the Note, tlie mortgage loan servicing ohligations
<br />to Sorrower 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 the Note purchaser.
<br />Neither Borrower nor Lender may cornmence, join, or he joined tn any judicial action (as either an
<br />individual litigant or the mcmbcr of a class) that arises from thc other party's actions pursuant to this
<br />Security Instrument or that alleges that the other �arty 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 (wiih such
<br />notice given in compliance with ihe requirements of Sectian 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 deen�ed to be reasonable for purposes of this paragraph. The notice of acceleration and
<br />opportunity to cure given ta Borrower pursuant to Section 22 and the notice of acceleration given to
<br />Borrower pursuant to Section 18 shall be deemed to satisfy the noticc and opportunity to take corrective
<br />action provisions of this Sectinn 20.
<br />21. Hazardous Substances. As used in this Section 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, kerosene, other flamt��able or toxic petroleum products, toxic pesticidcs
<br />and herbicides, volatile solvents, tnaterials conCaining asbestos or fortnaldehyde a�id radioactive materials;
<br />(b) "Environ.mental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br />relate to health, safety nr environmental protection; (c) "Environmental Cleanup" includes any response
<br />action, remedial action, or removal action, as defi��ed in �:nvironrnental Law; and (d) a�i "Environmental
<br />Condition" means a condition tliat can cause, contribute to, or ntlierwise trigger an Environmental
<br />Clea�aup.
<br />Borrower shall not cau�e or pemiit the presence, use, disposal, storage, or release of any Hazardous
<br />Substances, or threaten to release any Hazarclous Substances, on or in the Property. Borrower shall not do,
<br />nor allow anyone else [n do, anything affecting the Property (a) that is in violatio�i of any �nvironmental
<br />Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release nf a
<br />Hazardous SuUstance, creates a conditiai that adversely affec[s 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 normal residenCial 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, claiin, demand, lawsuit
<br />or other action by any governmental or regulatory agency or private party involving the Property and any
<br />Hazardous Substanct or Environmental Law of wl�icl�; Borrower has actual knowledge, (b) any
<br />Environmental Condition, including but not liinited to, any spilling, leaking, discl�arge, release or thrtat of
<br />release of aa�y Hazardous Substance, and (c) any condition caused by the presence, use or release of a
<br />Hazardous Substance which adver5ely affects the valuc of the Property. If Borrower learns, or is notified
<br />by any govermnental or regulatory authority, or any private party, that any rcmoval or other remediatio��
<br />of �iny Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary
<br />re:medial actions in accordance with Envirc�nmental Law. Nothing herein shall crealc any ohligation on
<br />Lender For an Environmental Cleanup.
<br />7111352113
<br />�-6q(NE) (Oao�l,oi
<br />�
<br />Page 12 of 15
<br />Initials: �
<br />1009180723
<br />Form 3028 1I01
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