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2012a5�25
<br />in the Property and rights under this 5ecurity Instrument; and (d) takes such acrion as Lender may
<br />reasonably require to assure that Lender's interest in the Property and rights under this S�urity Instrument,
<br />and Borrower's obligation to pay the sums secured by this S�urity Instrument, shall continue unchanged.
<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) certifie� 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 Bonower,
<br />this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had
<br />accurred. However, this right to reinstate shall not apply in the case of acceleration under S�tion 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 Instrument) can be sold one or more times without prior notice to
<br />Bonower. A sale might result in a change in the entity (known as the "Loan Servicer'� that colle�ts Periodic
<br />Payments due under the Note and this S�urity Instrument and performs other mortgage loan servicing
<br />obligations under the Note, this S�urity Instrument, and Applicable Law. There also might he one or more
<br />changes of the Loan Servicer unrelatefl 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 L.oan
<br />Servicer, the address to which payments should be made and any other informarion RFSPA requires in
<br />conn�tion 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 transfenefl to a successor Loan Servicer and aze not assumed by the
<br />Note purchaser unless otherwise providefl 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 Instniment or that alleges that the other party has breached any provision of, or any duty owed by
<br />reason of, this Se,curity Insttvment, until such Bonower 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 con�tive action. 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 pazagraph. The notice of acceleration and opportunity to cure
<br />given to Bonower pursuant to Se�tion 22 and the notice of accelerarion given to Bonower pursuant to
<br />Section 18 shall be deemed to satisfy the norice and opportunity to take corrective action provisions of this
<br />Section 20.
<br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" aze those substances
<br />define� 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 />"Environrr�ental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br />relate to health, safety or environmental prot�tion; (c) "Environmental Cleanup" includes any response
<br />action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environntental
<br />Condition" means a cflndirion 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 Hazazdous
<br />Substances, 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) tha,t is in violation of any Environmental
<br />Law, (b) which ereates 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 precerling two
<br />NEBRASKA-Sing�e Family-Fannie Mae/Freddie Mac UN�FORM INSTRUMENT Form 3028 1/07
<br />VMP p VMPBM� (11051
<br />Wolters Kluwar Financial Services Page 13 of 17
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