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20 �245280
<br />in the Property and rights under this Securin- Instrument; 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 Borrowcr s obligation to pay thc sums sccurcd by this Sccurit,y� Instrumcnt, shall continuc unchangcd.
<br />Lender may require that Borrower pa}� such reinstatement sums and espenses in one or more of the following
<br />forms, as selected bv Lender: (a) cash; (b) money order, (c) cert�ed check, bank check, treasurer's check or
<br />cashier's check, provided any such check is drawn upon an instituGon whose deposits are insured by a
<br />�'ederal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower,
<br />this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had
<br />occurred. Howe�er, this right to reinstate shall not appl,y 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 Instrument) can be sold one or more times without prior notice to
<br />Bonowcr. A salc might result in a changc in thc cntity (known as thc "Lonn Sen�icer'� that collccts Pcriodic
<br />Payments due under the Note and t}ris Security� Insuument and performs other mortgage loan servicing
<br />obligalions under the Note, this Security lnstrument, and Applicable Law. There also miglil be one or more
<br />changes of tl�e Loan Servicer unrelaled lo a sale of the Note. If there is a change of lhe Loan Servicer,
<br />Borrower will be given �vritten notice ot' the change which will state the name and address of the new Loan
<br />Servicer, the address to wluch payments should be made and any other inforn�ation RESPA requires in
<br />connecdon 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 Seivicer or be transferred to a successor Loan Sen�icer and are not assumed by the
<br />Notc purchascr unlcss othcrwisc providcd by thc Notc purchascr.
<br />Neitlier Borrower nar 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 lhe other pariy's actions pursuant lo this
<br />Security instrument or tl�t alleges that the other party has breached any provision of, or any duty owed by
<br />reason of, this Security Instrument, until such Borrower or Lender has notified the other parly (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 />La�� provides a dme period wluch must elapse before certain action can be taken, that time period ��ill be
<br />dccmcd to bc rcasonablc for purposcs of this paragraph. Thc noticc of acccicration and opporiunity to curc
<br />given to Borrower pursuant to SecGon 22 and the notice of acceleralion given to Borrower pursuant to
<br />Section 18 shall be deemed to satisfy the notice and opportunity� to take conective action provisions of this
<br />Section 20.
<br />21. HazardousSubstances. As used in this Section 21: (a) "Na�ardnu.c ,Substances" are those substances
<br />defined as to�ic or l�azardous substances, pollutants, or wastes by Envimnmental Law and the following
<br />substances: gasoline, kerosene, other flammable or tosic petroleum products, to�ic pesticides and herbicides,
<br />volatile soh�ents, materials containing asbestos or formaldehyde, and radioac[ive materials; (b)
<br />"Eiaviro�anrenta! Lmv" means federal laws and laws of the jurisdiction where the Property is located that
<br />rclatc to hcalth, safct}� or cnvironmcntal protcction; (c) "Enriroianre�atcr/ Clea�aup" includcs any responsc
<br />action, remedial action, or removal acdon, as defined in Environmental Law; and (d) an "Erzvironme�ztal
<br />Conditior�" means a condition that can cause, contribute to, or othenvise trigger an Environmental Cleanup.
<br />Borrower sl�all not cause or pennit the presence, use, disposal, storage, or release of any Ha�ardous
<br />Substances, or threaten to release any Hazardous Substances, on or in the Property. Borrower sliall not do,
<br />nor allow anyone else to do, anything affecUng the Property (a) that is in violation of any Environmental
<br />Law, (b) w�hich creates an Em�ironmental Condition, or (c) which, due to the presence, use, or release of a
<br />Hazardous Substance, creales a condition tl�at adversely affects the value of the Property. The preceding lwo
<br />NEBRASKASingle Family-Fannie MaelFreddie Mac UNIFORM INSTRUMENT Fortn 3028 1/01
<br />VMPB 11 00
<br />Wot rs� Kluwer Financial Services �Page 13 of 17
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