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201�02�3� <br />in the Progerty and rights under this Security Insisument; and (d) takes such action as Lender may <br />reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument, <br />and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue uncha.nged. <br />Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following <br />forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or <br />cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a <br />federal agency, instrumentality or entity; or (d) Electronic Funds Trdnsfer. Upon reinstatement by Borrower, <br />this Securiry Instrument and obligations secured hereby shall remain fully effecdve as if no acceleration had <br />occurted. However, this right to reinstate shall not apply in the case of acceleration under Section 18. <br />20. Sele of Note; Change of Loen Servicer; Notice of Grievance, The Note or a partial interest in the <br />Note (together with this Security Instrument) can be sold one or more times without prior notice to <br />Borrower. A sale might result in a chan$e in the entity (known as the "Loan Servicer'� that collects Periodic <br />Payments due under the Note and this 5ecurity Instrument and gerforms other mortgage loan servicing <br />obligations under the Note, this Security Insirument, and Applicable Law. There also aught be one or more <br />changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, <br />Borrower will be given written natice of the change which will state the name and address of the new Loan <br />Servicer, the address to which payments should be made and any other information RESPA requizes in <br />connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a <br />Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will <br />remain with the Loan Servicer or be transferred to a successor.I.oan Servicer and are not assumed by the <br />Note purchaser unless otherwise provided by the Note purchaser. <br />Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an <br />individuallitigant 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 any provision of, or any duty owed by <br />rea:son of, this Security Instrument, until such Borrower or Lender has notified the other party (with such <br />notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the <br />other party hereto a reasonable period after the giving of such notice to take corrective action. If Applicable <br />Law provides a time period which must elapse before certain action can be taken, that time period will Ue <br />deemed to be reasonable for purposes of this paragraph. The notice of acceleration and opporlunity to cure <br />given to Borrower pursuant to 5ection 22 and the notice of acceleration given to Borrower pursuant to <br />Section 1$ shall be deemed to satisfy the notice and opportunity to take corrective action provisions of this <br />Section 20. <br />21. Hazerdous 5ubst�nces. As used in this 5ection2l: (a) "Hazarrdous �ubstances" are those substances <br />defined as toxic or hazazdous substances, pollutants, or wastes by Environmental L.aw and the following <br />substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, <br />volatile solvents, materials coutaining asbestos or formaldehyde, and radioactive materials; (b) <br />"Environm.ental Law" means federal laws and laws of the jurisdiction where the Property is Iocated that <br />relate to health, safety or environmental protection; (c) "Environntental Cleanup" includes any resgonse <br />action, remedial action, or removal action, as defined in Environmental Law; and {d} an "Environmenta.l <br />Condition ° means a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup. <br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous <br />Substances, or threa.ten to release any Hazardous Substances, on or in the Property. Borrower shall not do, <br />nor allow anyone else to do, anything affecting the Property (a) that is in viola.tion of any Environmental <br />Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release of a <br />Hazazdous Substance, creates a condition that adversely affects the value of the Property. The preceding two <br />NEBRASKA-Single Family-Farmia Mae/Freddia Mac UNIFORM INSTRUMENT Form 3028 1/07 <br />VMP � VMP6�NE) (71061.00 <br />Woiters Kluwar Firmncial Servicea Paga 13 of 77 <br />