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201i004�4
<br />451p20093
<br />20. Sale of iVote; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the Note (togcthcr
<br />with tliis Security instrument) can be sold one or more times without prior noticc to Borrowcr. A salc might result in a change
<br />in the entity (known as thc "Loan Serviccr") that collccts Pcriodic Payments due under the Note and this Security Instniment
<br />and performs other mortgage loan servicing pk�ligations uncler the Note, this Sccurity Instrumcnt, and Applicablc Law. 'Chere
<br />also might be onc or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan
<br />5ervicer, Borrower wi11 be given written notice of the change which will state the name and address of the new Loan Serviccr,
<br />the address to which payments should be made and any other information RESPA requires in connection with a notice of
<br />transfer of servicing. lf thc Notc is sold and thcrcaftcr thc Loan is serviced by a Loan Servicer other than the purchaser of the
<br />Note, the mortgage loan servicing obligations to Borrower will rcmain with the Loan Servicer or be transferred to a successor
<br />Loan Servicer and are not assun�ed by the Note purchascr unlcss otherwise provided by the Note purchaser.
<br />Neither }3orrower nor Lender may commence, join, or be joined to any judicial action (as either an individual litigant
<br />or the member of a class) that arises from the other party actions pursuant to this Security instrument or that alleges that the
<br />othcr party has breached any provision of or any duty owed by rcason of, this Security Instrument, until such Borrowcr or
<br />Lender has notified thc other party (with such noticc givcn in compli�nce with the requirements of Section 15) of such alleged
<br />breach and afforded the other �arty hereto a reasonable period after thc giving of such noticc to takc correctivc action. Tf
<br />Applicable I,aw provides a time period which must clapsc bcfore certain action can be taken, that time period will be deemed
<br />to be reasonable for purposes of this paragraph. The notice of acccicration and opportunity to cure given to Borrower pursuant
<br />to Section 22 and thc notice of acceleration given to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and
<br />opporhmity to take corrective action provisions of this Scction 20.
<br />Z1. HAZardous Substances. As used in this Section 21: (a) "fiazardous Substances" arc thosc substanccs defined as
<br />toxic or hazardous substanccs, pollutants, or wastes by Environmental Law and the following substances: gasoline, kerosene,
<br />othcr flammable or toxic petroleum proclucts, toxic pesticides and hcrbicidcs, volatile solvents, materials containing asbcstos or
<br />forn�aldehyde, and radioactivc materials; (b) "Environmental Law" means federal laws and laws of the jurisdiction where the
<br />Property is located tlaat relate to health, safcty or cnvironmcntal protection; (c) "Environmental Clelnup" includes any response
<br />action, remcciial action, or rcmoval action, as defined in Envir��nmental I.aw; and (d) an "Environmental Condition" means a
<br />condition that can cause, contribute to, or otherwise tr'rgger an };nvironmcntal Cleanup.
<br />Borrower shall not causc or permit thc prescncc, use, disposal, storage, or release of any Hazardous Subst�nces, or
<br />threatcn to rcicase any Hazardous Substances, on or in the Property. ]3orrowcr shall not do, nor allow anyonc clsc to do,
<br />anything affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an Environmental
<br />Condition, or (c) which, due to the presence, use, or release of a Hazardous Substancc, crcatcs a condition that adverscly
<br />affects the value of thc Property. Thc preceding two sentences ahall not apply to the presence, use, or storage on the Property oP
<br />small quantities of Hazardous S�tbstances that are generally recognizcd to be appropriate to normal residential uses and to
<br />maintenance of the Property (including, but not limited to, hazlydous substances in consumer products).
<br />Borrower shall prompCly give Lender written notice of (a) any investigation, claim, demand, lawsuit or pther action by
<br />any governmental or rcgulatory agency or private party involving the Property and any Hazardous Substance or �;nvironmental.
<br />Law of which Borrower has actual knowledge, (b) any Bnvironmcntal Condition, including but not limited to, any spilling,
<br />leaking, discharge, relcasc or thrcat of rcleasc of any Hazardous Substance, and (c) any condition caused by the presence, use
<br />or release of a Hazardous Substance which adversely affects thc value of the Property. if Borrower learns, pr is nptified by any
<br />governmcntal or rcgulatory authority, pr any private party, that any removal or othcr remcdiation of any Hazardous Substancc
<br />affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with
<br />Environmental Law. Nothing herein sha11 create any obligation on Lcnder for an Environmental Cleanup.
<br />NON-UNIFORM COVENANTS. Borrnwer and Lender further covcnant and agrcc as follows:
<br />22. Accelerakion; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any cuvenant or agreement in this Security Instrument (but not prior to acceleration under Section 18 unless
<br />Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default;
<br />(c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and
<br />(d) that failure to cure the default on or before the date speci�ed in the notice may result in acceleration of the sums
<br />secured by this Security Instrument and sale of the Property. The natice shall further inform $orrower of the right to
<br />reinstate aftcr acceleration and the right to bring a court �ction to assert the non-existence of a default or any other
<br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date speci�ed in the notice,
<br />NFRRASICA--Singlc Pamily--Fannic Mnc/Freddic Mt�c 11N11�()RM IIVS'I'RIJMF,NT
<br />+� 33R2 Pagc 10 c>f 13 Form 3028 1/01
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