201200170
<br /> in the Pro�erty aiid rights ui�der tliis Security Instruinent; and(d)talces such action as Lender may
<br /> reasonably require to assure that Lender's interest in the Pro�erty and rights under this Sectirity Instrument,
<br /> aiad Borrower's obligation to pay tlle sums secured by this Security Instruinent, sha11 eontinue unchanged.
<br /> Lender may require that Borrower�ay such reinstatement sums and expenses in one or more of the following
<br /> forms, as selected by Lender: (a) cash; (b)inoney order; (c) certified checic, U�i�lc checic, treasurer's checic or
<br /> cashier's checic, provided any such checic is drawn upon an institution whose deposits are insured by a
<br /> fecier�l agency, instruinentality or entity; or{d}Electroriic Funds Transfer. Upon reinstateinent by Borrower,
<br /> this Security Instruinent uid obligations secured hereby shall reinain fully efFective as if no acceleration had
<br /> occurred. However, this right to reinstate shall not apply in the case oF acceleration under Sectiorz 18.
<br /> 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a pa�•tial interest in tl�e
<br /> Note(together with this Security Instrument) can be sold one or more tiines Without prior noEice to
<br /> Borrower. A sale nligllt result in a change in the entity(lcnown as the "Lonn Ser^vicer")that collects Periociic
<br /> Payulents due under the Note and this Security Instrument and perforins other mortgage loa�i servicing
<br /> oUligations uiider the Note, this Security Instruinent, and Ap�licaUle Law. Tkere also inight be one or inore
<br /> changes of tha Loa�Servicer tiinrel�ted ta a sale of the Note. If there is �cliang�of the Loan Servicer,
<br /> Borrower will be given wi•itten notice of the cliange which will state the naine�nd address of the new Loan
<br /> Servicer, the�ddress to which payinents should be made and 1ny other inforination RESPA requires in
<br /> coruiection wlth a notice of tr�nsfer of servicing, If the Note is sold and thereafter the Loan is serviced by a
<br /> Loaii Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will
<br /> reznain witli the Loan Servicer or be trinsferred to a successor Loan Servicer and are not assuined by the
<br /> Note purchaser tuzless otherwise provided by tlre Note purchaser.
<br /> Neither Borrower nor Lender may coirunence,joiii, or Ue joined to �ny judici�l action(as either aii
<br /> individual litigant or the member of a elass) tlzat arises fi�om the other party's �ctions�ursuant to this
<br /> Security I�istruzilent or that alleges that the other party has breached any provision of, or any cluty owed Uy
<br /> i•eason of, this Security Instrument, until such Borrower or Lencler l�as notified the other party(with sucli
<br /> notice given in compliance with the requirements of Section 15) of such alleged Ureaclz aiid afforded tlie
<br /> othar p�rty hereto a reasonable period after{he giving of such i7otice to talce corrective action. If Applicable '
<br /> Law provides a tiine period which inust elapse before certain actiion can be talcen, that tiine period wil7 be
<br /> deeined to be reasonalale for�urposes of this par�graph, The notica of aeoeleration and opportunity to cure
<br /> given to Borrower pursu�nt to Section 22 aud the notice of�cceleration given to Borrowar pursuant to
<br /> Seotion 1$ shall be deeined tio satisfy the notice and opportunity to t�lce corrective action provisions of this
<br /> Section 20.
<br /> 21. Hazalydous Substances. As used in this Section 21: (a) "Hc�zcirclous Subst�nces" are those suUstaiices
<br /> defined�s toxic or hazai•dous substances, polhitaiits, or wastes Uy�nviromnental Law�nd the following
<br /> suUstances: gasoline, lcerosene, otller�la�nnilUle or toxic�etroleum products, toxic pesticides and lierbicicles,
<br /> valatile solvents, materials containing asUestos or fo�maldehyde, and r�dioactive materials; (b)
<br /> "EnviNOnmentc�l Lctw"means federal laws and laws of the jurisdiction where the Property is located tliat
<br /> relate to health, safety or enviroiuneiltal protection; (c) "Environment�l Cleanup"includes any response
<br /> action, i•einedial action, or removal action, as deCned in Environinental Law; and(d)aiz "Envir^onmentctl
<br /> Condition"ine�ns �ti condition that caii cause, contribute�o, or otlierwise trigger an�nviroiunentll Cleauup.
<br /> Borrower shall riot cause or permit the presence, use, disposal, stor�ge, or release of aiiy I�azardous
<br /> SuUstances, oi•threaten to release any IIazardous Substances, oii oi•in the Property, Borrower shall not do,
<br /> nor allow anyone else to do, azrytlung affecting the Property(�}t17at is in vio7ation of any Environineiital
<br /> Law, (U)which cz•eates an�nvirorunent�l Conditioil, or(c)which, due to the presence, use, or release of�
<br /> IIazai•dous Substance, creates a condition tkat adversely afFects tlie v11ue of the Property. The preceding two
<br /> 24000026
<br /> NEBRASKA-Single Family-Fannie Mae/Fredtlie Mac UNIFORM INSTRUMENT Form 3028 1I01
<br /> VM P O VM P6(NE)(1105)
<br /> Wolters Kluwer Financlal Services Page 13 of 17
<br />
|