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201205807 <br />in the Property and rights under this Security 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 Se,curity Instrument, <br />and Bonower's obligarion to pay the sums secured by this Security Instrument, shall continue unchanged. <br />L�nder may require that Borrower pay such reinstatement sums and expenses in one or more of the following <br />forms, as sele�ted by Lender: (a) cash; (b) money order; (c) certifiefl check, bank check, treasurer's check or <br />cashier's check, provided any such check is drawn upon an institution whose deposits aze insured by a <br />federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, <br />this Security Instrument and obligations s�ured 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 Secrion 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 norice to <br />Borrower. A sale might res�ilt in a change in the entity (known as the "Loan Servicer'� that colle�ts Periodic <br />Payments due under the Note and this Security Instnunent and performs other mortgage loan servicing <br />obligarions 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 Servicez, <br />Borrower 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 information RESPA re,quires in <br />connecrion with a notice of transfer of servicing. If the Note is sold and thereafter the L.aan 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 transfened to a successor Loan Servicer and are not assumefl by the <br />Note purchaser unless otherwise providefl by the Note purchaser. <br />Neither Borrower nor Lender may commence, join, or be joined to any judicial acrion (as either an <br />individual litigant or the member of a class) that arises from the other party's acrions pursuant to this <br />Security Instrument 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 party (with such <br />notice given in compliance with the requirements of Secrion 15) of such alleged breach and afforded the <br />other party hereto a reasonable period after the giving of such norice to take conective acrion. If Applicable <br />Law provides a time period which must elapse before certain action can be taken, that time period will be <br />deemed to be reasonable for purposes of this pazagraph. The notice of acceleration and opporlunity to cure <br />given to Bonower pursuant to Secrion 22 and the notice of acceleration given to Bonower pursuant to <br />Section 18 shall be deemed to satisfy the notice and opporiunity to take corrective action provisions of this <br />Section 20. <br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are 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 />"Environmenlal Law° means federal laws and laws of the jurisdiction where the Property is locatefl that <br />relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any respons� <br />action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Ereviron�nerrxal <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 />Substanc,es, or threaten to release any Hazardous Substances, on or in the Property. Bonower shall not do, <br />nor allow anyone else to do, anything aff�ting 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 aff�ts the value of the Property. The preceding two <br />NEBHASKA-Single Famtly-Fannie Mae/Freddle Mac UNIFORM INSTRUMENT <br />VMP Q <br />Walters Kluwer Financial Services <br />Fo�, aozs �ro� <br />VMPB(NE) (11051 <br />Pege 13 of 17 <br />_ , . •. <br />