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201205209
<br />in the Property and rights under this Security Instrument; and (d) takes such action as Lender may
<br />reasonably require to assure that Iznder's interest in the Property and rights under this S�urity Instrument,
<br />and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged.
<br />Lender may require that Bonower pay such reinstatement siuns and expenses in one or more of the following
<br />forms, as selected by Lender: (a) cash; (b) money order; (c) certified ch�k, 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 Transfer. Upon reinstatement by Borrower,
<br />this Security Instnunent and obligations secured hereby shall remain fully effective as if no accelerarion 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 S�urity Instnunent) can be sold one or more times without prior notice to
<br />Borrower. A sale might result in a change in the entity (l�own as the "Loan Servicer'� that coll�ts Periodic
<br />Payments due under the Note and this Security Instnunent 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 unrelate�i to a sale of the Note. If there is a change of the Loan Servicer,
<br />Bonower will be given written notice 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 informarion RESPA requires in
<br />connecrion 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 Bonower will
<br />remain with the Loan Servicer or be transferred to a successor Loan Servicer and aze not assumed by the
<br />Note purchaser unless otherwise provided by the Note purchaser.
<br />Neither Bonower nor L,ender 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 />S�urity Instnunent or that alleges that the other party has breached any provision of, or any duty owed by
<br />reason of, this Security Instrument, until such Bonower or Lender has notified the other pariy (with such
<br />norice 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 norice to take conective action. If Applicable
<br />I.aw provides a time periad which must elapse before certain action can be taken, that time period will be
<br />d�med to be reasonable for purposes of this paragraph. The notice of acceleration and opporlunity 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 sarisfy the notice and opportunity to take corrective action provisions of this
<br />Section 20.
<br />21. Hazardous Substances. As usefl in this Section 21: (a) "Hazardous Substances" are those substances
<br />defined as toadc 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 />"Environmental Law" means federal laws and laws of the jurisdiction where the Property is locaterl that
<br />relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any response
<br />action, remedial action, or removal acrion, 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 />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous
<br />5ubstances, or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do,
<br />nor allow anyone else to do, anything aff�ting the Property (a) that is in violation of any 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 Property. The preceding two
<br />NEBRASKA-Single Family-Fannie MaelFreddfe Mac UNIFORM INSTRUMENT
<br />VMP �
<br />Wolters Kluwer Financiel Services
<br />Fo.m soas uo�
<br />VMP6(NE) (1106)
<br />Page 13 of 17
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