20120i�5U
<br />20. Sale of Note; Change of Loan 5ervlcer; Notice of Grievance. The Note or a partial interest in
<br />the Note (together with this Security Instrament) c� be sold one or more times without prior notice to
<br />Borrower. A sale might result in a change in the entity (known as the "Loan Servic,er") that colle�ts
<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 a1� might be
<br />one or more changes of the Loan Servicer unrelatefl to a sale of the Note. If there is a change of the Loan
<br />Servicer, Bonower 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 RESPA
<br />requires in cotmection with a notice of transfer of servicing. If the Note is sold and thereafter the I.oan is
<br />serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations
<br />to Borrower will remain with the I,flan Servicer or be transferred to a sucr,essor Loan Servicer and aze not
<br />assumal by the Note purchaser unless otherwise provide�i by the Note purchaser.
<br />Neither Borrower nor Lender may commence, join, or be join�l 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 ttris
<br />S�urity Instnunent or that alleges that the other party has breached any provision of, or any duty owed by
<br />reason of, this �curity Instrument, until such Borrower or Lender lias notifie� the other party (with such
<br />notice given in cflmpliance with the re�uirements of Sedion 15) of such alleged br�ch and afford� the
<br />other party hereto a reasonable period after the giving of such notice to take corrective action. If
<br />Applic�ble Law provides a time period which must elapse before certa.in action c�n be talcen, that time
<br />period will be deem� to be reasonable for purposes of tlus paragraph. The notice of acceleration and
<br />opporhmity to cure given to Borrower pursuant to Section 22 and the norice of acceleration given to
<br />Borrower pursuant to S�tion 18 shall be deem� to satisfy the notice and opportunity to talce corrective
<br />action provisions of this Section 20.
<br />21. Hazardons 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 and the
<br />following substances: gasoline, kerosene, other flammable or to�uc petroleum products, touc pesticide4
<br />and herbicides, volatile solvents, materials contaiaing asbestos or formaldehyde, and radioactive materials;
<br />(b) "Environmental Law" means federal laws and laws of the jw where the Property is lacateri that
<br />relate to health, safety or environmental protection; (c) 'Bnvironmental Cleanup" includes any response
<br />acYion, reme�iial action, or removal action, as defined in Environmental Law; and (d) an"Enwiromnental
<br />Condition" means a condirion that c�n cause, . contribute to, or othervvise trigger an Environmental
<br />Cleanup.
<br />Borrower shall not cause or permit the preSence, use, disposal, storage, or rel�se of any Hazardous
<br />Substances, or threaten to release any Ha�ardous Substances, on or in the Property. Borrower shall not do,
<br />nor allow anyone else to do, anything affecting the Properiy (a) that is in violation of �y Environmental
<br />Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release of a
<br />Hazardous Substance, creates a condition that adversely affects the value of the Properly. The precefling
<br />two sentences shall not apply to the presence, u�, or storage on the Properiy of small quanbities of
<br />Hazardous Substances that are generally re�ognizeri to be appropriate to normal residential uses and to
<br />ma.intenance of the Property (including, but not limiteri to, ha�rdous substances in consumer products).
<br />Borrower sha11 promptly give Lender written noNce of (a) any investigation, claim, demand, lawsuit
<br />or other action by any governmental or regulatory agency or private party involving the Properiy and any
<br />Hazardous Substance or Environmental I.aw of which Borrower has actual lmowledge, (b) any
<br />Environmental Condition, including but not limiteri to, any spilling, leaking, discharge, release or threat of
<br />release of any Hazardous Substance, and (c) any condition causerl by the presence, use or release of a
<br />Haaardous Substance which adversely affe�ts the value of the Property. If Borrower learns, or is notifi�
<br />by any governmental or regulatory authority, or any private party, that any removal or other remediation
<br />of any Hazardous Substance affecting the Property is n�essary, Borrower sha11 promptly take all necessary
<br />remedial actions in accordance with Environmental Law. Nothing herein shall cr�te any obligation on
<br />Lender for an Environmental Cleanup.
<br />2300070575 n v6ANE
<br />NEBRASKA - Single Family - Fannle Mae/Freddl� Mac UNIFORM INSTRUMENT WPTH �(�,�
<br />�-6A{N� 1oa�o1 Page 12 of 16 i,,;� "' Form 3028 1/01
<br />0
<br />
|