Laserfiche WebLink
201206068 <br />in the Property and rights under this Security Instrument; and (d) takes such action as Leader may <br />reasonably require Lo assure that Lender'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 />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) ccrtifled check, bank check, treasurer's check or <br />cashier's check, provided any such cbeek is drawn upon an institution whose deposits are insured by H <br />federal agency, instrumentality or entity; or (d) Eloctrooic 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. However, this right to reinstate shall not apply in the case of aucolerafion 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 (his Security Instrument) can be set(] one, or more times without prior notice to <br />Borrower, A sale might result in a change in the entity (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 morQ <br />changes of the Loan Servicer unrelated to a sale of the Note, If (here is a change of the Loan Servicer, <br />Borrower wilt 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 requires in <br />connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan issQrviced 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 ServicQr or be transferred to a successor Loan Serviccr and are not assumed by the <br />Note purchaser unless otherwise provided by the Note purchaser, <br />Neither Borrower nor Lcrider may commence, join, or bejoined to smy judicial action (as either an <br />individual litigant or the member of a class) that arises from the other party's actions pursuant to (his <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 Iris IrumOrd, until such Borrower or Lender has notified [he otber party (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 />Law Provides a time period which must ehtpse before certain action can be taken, that time period will be <br />decined to be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to cure <br />given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to <br />Section 18 shall be deemed to satisfy the notice and 0PP0rWDi(y to take corrective action provisions of this <br />Section 20. <br />21. Hazardous Substances. As used in this Section 21: (a) Wazardous 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 />"Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that <br />relate to ficalth, safety or environmental protectiorI (c) "Environmental Cleanup " includes any response <br />action, remedial action, or removal action, as defined in Environmental Law; and (d) an 7','rivironmental <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 />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 affecting the Property (a) that is in violation of any Environmental <br />Law, (b) which creates an Environmental Condition, or (o) which, due to the presence, use, or release of a <br />Hazardous Substance, creates a condition chat adversely affects the value of the Property. The preceding two <br />24001 j03 <br />NEBRASKA Shiglo rarmtrannie fvIaWFrodJIo Muc UNIFORM INSTRUMEN I Form 3023 1101 <br />VMP n VMPGINFI 0 105) <br />WoRuP, Kkozer Fhr�ocirl Survl�� Page 1:� ni 17 <br />