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201Q09612
<br />shall remain fully effective as if na accelcratian haci occurred. How�ver, this right to reinstate shall not
<br />apply in the case of acceleration under S�ctiaz� 18.
<br />20. Sale of Note; Chan�e of Loan Servicer; Natice of Grievance. Tl�e Note or a partial interest in
<br />the Note (together with this Security Instrument) can be sold one or more times without priar noticc tc>
<br />Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that collects
<br />Periodic Payments due under the Note and this Security Instrument and performs othr:r mortgagc loan
<br />servicing obligations under the Note, this Sccurity I��stxuinent, and A�pluable Law. There alsa might be
<br />one or more chan�es of the Laan Servicer unrelated tU a sale of th� Note. If there is a change of the Laan
<br />Servicer, Barrower will be given written notice of the change which will state the name and address of the
<br />new Laan Servicer, the address to which payments should be made and any other information RESPA
<br />requires in cpnnc:ction with a natice of transfer of servicing. If the Note is sold and thereafter the Loan is
<br />serviced by a Laan Servicer other than the purchaser af the Note, the martgage loan servicing obligations
<br />to Borrower will remain with the Laan Servicer ar be transferred to a successar Laan Servicer and are nat
<br />assumed by the Note purchaser unless atherwise provid�d by the Not� purchaser.
<br />Ncither Borrowe:r nc�r Lend�r may comm�nce, join, or be joincd to any judicial ac;tian (as eithc:r an
<br />individual litigant or the member of a class) that arises from the other party's actions pursuant to this
<br />Security lnstrument or that alleges that the other party has breached any provision of, or any duty owed by
<br />reason of, this 5ecurity Instrument, until such Borrower or Lender has noti�ed the other party (with such
<br />notice �;iven in compliance with tlic requiremcnts of Section 15) of such alleged breach and afforded the
<br />other pdrty hereto a r4asonabic period after the giving of such notice ta take corrective action. If
<br />Applicable Law pravides a time periad which must elapsc; befpr� certain actian can be taken, that timc
<br />periad will b� de�med to be reasonable for purppses oF this paragraph. The notice of accc:lerativn and
<br />appc�rtunity to cure given ta Barrower pursuant ta Section 22 and the natice of dcecicration �iven to
<br />Borrower pursuaa�t to Sectian 18 shall be deem�d to Satisfy the notice and op�aortunity to takc corrcctive
<br />action provisions of this Scctic>n 2Q.
<br />21. Haxardous Substances. As used in this Section 21: (a) "Ha.zardous Substances" are those
<br />substances defined as toxic or hazardous substanccs, pollutants, or wastes by Environmental Law and the
<br />following substances: gasoline, kerasene, other flammablc or tc�xic petraleum products, tc>xic pesticides
<br />and herbicides, volatile solvents, materials containing asbestos or formaldeliyde, ana radioaCtiv�: 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) "Environmental Cleanup" includes any response
<br />action, remedial action, or removal action, as defined in Environmental Law; and (d) an"Envirc�nm�ntal
<br />Condition" means a condition that can cause, contribute to, ar atherwise trigger an Environmcntal
<br />Cleanup.
<br />Barrawer shall not cause ar permit the presence, use, disposal, storage, or release af any Hazardous
<br />Substances, or threaten ta release any Hazardous Substances, on c�r in the Property. Borrower shall not do,
<br />nar allaw anyane else to do, anything affecting the Property (a) that is in violation af any �nvironmental
<br />Law, (b) which creates an Environmental Condition, ar (c) which, due to the presence, us�, or releasc of a
<br />Hazardous Substance, creates a condition that adversely affects the value of the Property. Thc: prcccding
<br />twa sentences shall not apply to the presence, use, �>r starage an thc Prap�rty of' small quantities of
<br />Hazardous Substances that are generally recognized ta be appropriate to normal residential uscs and to
<br />maintenance of the Property (including, but not limited to, hazardaus substances in consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, dernand, 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 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 valuc of the Property. If Borrower learns, or is notified
<br />�-6(NE) �oao7).o2
<br />P�e 12 of 15 �y�/ �
<br />liiio54z9z
<br />Form 3028 1/01
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