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2oioos7s5 <br />shall remain fully �ffective as if no acc�leratipn had occurred. However, this right to reinstate shall not <br />apply in the case af acceleration under Sectian 18. <br />20. Sale of Note; Change af Laan Servicer; Notice of Grievance. The Note or a partial interest in <br />the Note (together with this Sccurity Instrument) can be sold one or more times without prior notice ta <br />Barrower. A sale might result in a change in the entity (known as the "Loan Servicer") that call�:cts <br />Feriodic Payments due under the Note and this Security Instrument and perfarms ather mortga�c loan <br />servicing obligations under the Note, this Security instrument, and Applicable Law. There alsa might be <br />one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change af the Lpan <br />Service:r, Borrowcr will bc giv�n written notice c�f the change which will state the name and address of the <br />new I,pan Scrvicer, the address to which paymcnts should be made and any other information RESPA <br />requires in cannectian with a natice of transf�r c>f scrvicing. If the Note is sold and thereafter the Loan is <br />serviced by a Laan Servicer ather than the purchaser of the Note, the mortgage loan servicing obligatians <br />ta Barrower will remain with the Laan Servicer or be transferred to a successor Loan Servicer and are nat <br />assumed by the Not� purchaser unless otherwise pravided by the Note purchaser. <br />Neither �orrower nor Lender may commence, join, or be joined to any judicial actian (as either a�� <br />individual litigant or tlie member of a class) that arises from the other party's actions pursuant tc� tliis <br />Security Tnstrument or that alleges that the other party has breached any provision of, ar any dury owed by <br />reason c>f, this Security Instrument, until such $arrower or Lender has natified the ather party (with such <br />notice �iven in compliance with the requirements of 5ection 15) of such alleged breach and afforded the <br />otlYC:r party heretc� a rcasonable period after the giving of such notice to take corrective action. If <br />Applic�bl� I,aw providcs a time period which must elapse before certain actian can be takcn, that time <br />periad will b� de�med ta be reasonat�le for purposes of this paragraph. The natice of acceleration and <br />oppartunity to curc given to Bc>rrower pursuant to Section 22 and the notice af acceleration given to <br />$orrower pursuant ta Section 18 shall be decmed to satisfy the notice and opportunity to take corrective <br />action provisions of this Section 20. <br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous 5ubstances" are tl�ose <br />substances defined as toxic or hazardous substances, pC�llutants, or wastes by Environmental Law and the <br />following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticid�:s <br />and herbicides, volatile solvents, materials containing asbestos or fprmaldehyde, and radioactive materials; <br />(b) "Environmental Law" means federal laws and laws af the jurisdiction where the Property is located that <br />relate to health, safety or environmental protection; (c) "Etavironmental Cleanup" includes any response <br />action, remedial action, or removal action, as defined in �nvironmental Law; and (d) an "Environmental <br />Condition" means a condition that can cause, cantribut� to, or otherwise trigger an �nvironmental <br />Cleanup. <br />Borrower shall not cause or permit the presenca, use^, disposal, storage, or release of any Hazardaus <br />Substances, or threaten to release any Hazardous 5ubstances, on or in the Property. Barrower shall not do, <br />nor allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental <br />�.aw, (l�) which creates an Environmental Condition, or (c) which, du� to the presence, use, or release of a <br />Hazardous Substance, creates a condition that adversely affects th� value of the Property. The preceding <br />two sentences shall not apply to the presence, use, ar starag� on the Property of small quantities af <br />H�zardous Substanccs that are generally recognized to be appropriatc to normal residential uses and to <br />maintenanc� 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 ather actian k�y any govcrnmental or regulatory agency or private party involving the Pro�erty and any <br />Hazardous Substance or Environmcntal �,aw of which Borrower has actual knowledgc, (b) any <br />Environmental Condition, including but not limited tc>, any spilling, leaking, discharge, releasa ar thr�at af <br />rclease of any Hazardous Substance, and (c) any canaition caused by the presence, use or release of a <br />Hazardpus Suk�stance which adversely affects the value of the Prop�:rty. If Barrower learns, or is notified <br />�-6�NE� (D4D7).02 <br />Pa�e 12 of 15 <br />i�,it�eis: � <br />1111Q5fi576 <br />�orm 3028 1/01 <br />