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JAN - 26-2001 THU 02;18 PM WELLS FARGO HOME MTG FAX N0, 402 536 2230
<br />4601007.i2
<br />P, 26/30
<br />shall remain hilly efli ctive as if no acceleration had occurred. however, this right to reinstate shall not
<br />NPPly in tlhe case of acceleration under Section 18.
<br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The,Note or a partial interest in
<br />the Note (together with this Security Instrument) can be suld one or more times without prior notice to
<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 other mortgage loan
<br />servicing obligations under the Note, this Security Instrument, 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 change 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 s ESPA
<br />requires in connection with a notice of transfer of servicing, if the Noted any and thereafter the loan A
<br />serviced by a Loan Servicer other that► the purchaser of the Note, [he mortgage loan servicing obligations is
<br />to Borrower 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 Burrower nor bender may commence, .join, or be joined to any judicial action (as either an
<br />individual litigant or the member of 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 an
<br />reason of, this Security Instrument, until such Borrower or Lender has notified [Ile the other party (with owed by
<br />notice given in compliance with the requirements of Section 15) of such alleged P y (With such
<br />other party hereto a reasonable period after the ged breach and afforded the
<br />Applicable Law provides s time period which nwstgelapse belorercerwin action can be�[aken, that time
<br />period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and
<br />opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration gluon 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 Section 21: (a) "Hazardous Substances" are those
<br />substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law wid the
<br />following substances: gasoline, kerosene, other flammable or toxic Petroleum products, toxic pesticides
<br />and herbicides, volarile solvents, materials containing asbestos or formaldehyde, and radioactive materials;
<br />(b) "Environmental i.,aw" rtrcauhs 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 />action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental
<br />Condition" rnearrs a condition that caur cause, contribute to, or otherwise trigger an Environmental
<br />Cleanup.
<br />Borrower shall not cause or permit rho presence, use, disposal, storage, or release of any Hazardous
<br />Substances, or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do,
<br />nor allow aulyone else to do, anything affecting the Property (a) that is in violation of any Environmental
<br />Law, (b) which creates all Environmental Condition, or (c) which, due to the presence, use, or release of a
<br />limrdous Substance, creates a condition that adversely affects the value of the Property, two sentences shall not apply to the presence, use, or storage on the Property of small quantities o1'
<br />P y. The preceding
<br />hazardous Substances that are generally recognized to be appropriate to norn1al residential 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) airy investigation, claim, demand, lawsuit
<br />or other action by any governmental or regulatory agency or private party involving rho Property
<br />hazardous Substance or L'nvironmeutal Law of which Borrower has actual knowledge, b
<br />Environmental Condition, including but not limited to, hi spilling, * 1 P Y and any
<br />release many Hazardous Substance, and c y P g� eaking, discharge, e � () any
<br />Oany condition caused by tile presence, or relCasceof a
<br />i-l;rzardous Substance which adversely affects the value of the Property. if Borrower learns, or is notified
<br />=-6(NE) t000sl
<br />Ptly� 1 Z of 16 Inn � 1
<br />form 3028 1/01
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