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201204921 <br />in the Property and rights under this S�urity Insmiment; and (d) takes such action as Lender may <br />reasonably require to assure that L,ender'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 unchanged. <br />L.ender 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) certifiefl check, bank check, treasurer's check or <br />cashier's check, provided any such ch�k is drawn upon an institution whose deposits are insured by a <br />federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Bonower, <br />this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had <br />occurred. However, this right to reinstate shall not apply in the 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 the <br />Note (together with this Security Instiument) can be sold one or more times without prior notice to <br />Borrower. A sale might result in a change in the enrity (known as the "Loan Servicer'� that collects Periodic <br />Payments due under the Note and this Security Instrument and performs other mortgage loan servicing <br />obligations under the Note, this Security Instrument, and Applicable Law. There also might 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 notice of the change which will state the na.me and address of the new Loan <br />Servicer, the address to which payments should be made and any other information RESPA requires in <br />connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is servicefl by a <br />Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will <br />rema.in with the Loan Servicer or be transfened to a successor Loan Servicer and are not assumed by the <br />Note purchaser unless otherwise provided by the Note purchaser. <br />Neither Bonower nor Lender 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 Insm�ment or that alleges that the other pazty has breached any provision of, or any duty owed by <br />reason of, this S�urity Insmiment, until such Borrower or Lender has notified the other pariy (with such <br />notice given in compliance with the requirements of Se,ction 15) of such alleged breach and afforded the <br />other party hereto a reasonable period after the giving of such notice to take conective acrion. If Applicable <br />Law provides a time period which must elapse before certain acrion can be taken, that time period will be <br />deemed to be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to cure <br />given to Bonower pursuant to Section 22 and the notice of acceleration given to Bonower pursuant to <br />Section 18 shall be deemed to satisfy the notice and opportunity to take con�tive action provisions of this <br />Section 20. <br />27 . Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" aze those substances <br />defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following <br />substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, <br />volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b) <br />"Environ�nental Larv" means federal laws and laws of the jurisdiction where the Property is located tliat <br />relate to health, safety or environmental prote,ction; (c) "Environmental Cleanup" includes any r�ponse <br />action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental <br />Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup. <br />Bonower shall not cause or pernut the presence, use, disposal, storage, or release of any Hazardous <br />Substances, or threaten to release any Hazardous Substances, on or in the Property. Bonower shall not do, <br />nor allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental <br />Iaw, (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 affe�ts the value of the Property. The precefling two <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP Q <br />Wolters Kluwer Financial Services <br />Fo� sozs �ro� <br />VMPB(NE) (1106) <br />Page 13 of 17 <br />. r <br />r . .. �' 4�� P � 4 <br />