201206537
<br /> in the Property and rights mmder this Se�urity Instrument; and(d)takes such action as Lender may
<br /> reasonably require to assure that L.ender's interest in the Property and rights under this Secwity Inskrument,
<br /> and Bortower's obligation to pay the sums secured by this Security Insttvment, shall continue uncbanged.
<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)certified check, bank check, treasurer's check or
<br /> cashier's check, provided any such check is drawn upon an institutio¢whose deposits are insured by a
<br /> federal agency, instrumentality or entity; or(d) Electronic Funds Transfer. Upon reinstatement by Bonower,
<br /> this Secwity InsVument and obligations secured hereby shall remain fully effective as if no accelerazion had
<br /> occurred. However, this right to reinstate shall not apply in[he case oF acceleration under Section 18.
<br /> 20. Sala of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the
<br /> Note(together with this Security Insm�ment)can be sold one or more times without prior notice to
<br /> Borrower. A sale might result in a change in t6e entlty(�own as the "Loan Servicer")that collects Periodic
<br /> Payments due under the Note and this Securiry Insmiment and pedorms other mortgage loan servicing
<br /> obligarions under the Note, this 5ecurity Insirument, and Applicable Law. T'here 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 Servicer,
<br /> Borrower will be given written notice of the change which will state the name and address of[he new Loan
<br /> Servicer, the address to which payments should 6e made and any other information RESPA requires in
<br /> comection with a notice of transfer of servicing. If the Note is sold aud thereafter the Loan is serviced by a
<br /> Loan Servicer other than the purchaser of the Note, the mortgage loan servicing o6ligaaons to Borrower 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 Sorrower 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 azises from the other party's actions pursuan[to this
<br /> 5ecurity 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 Borrower or Lender has notified the other pazty(with such
<br /> notice given in compliance with the requirements of Section IS)oF such atleged breach and afforded the
<br /> other party hereto a reasonable period after the giving of such notice to take conective ac[ion, 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 pwposes of this paragraph. Tt�e notice of acceleration and opportunity [o cure
<br /> given to Borrower pursuant to Section 22 aad the notice of acceleration given to Borrower pursuant to
<br /> Section 18 shall be deemed to satisfy the notice 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"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, to�cic pesticides and herbicides,
<br /> volatile solvents, ma[erials containing asbestos or formaldehyde, and radioactive materials; (b)
<br /> "Environmental Law"means federal laws and laws of the jurisdicdon where the Properiy is located that
<br /> relate to health, safety or environmental protecdon; (c) °Environntental Cleanup"includes any response
<br /> action, remedial action, or removal action, as defined in Environmental I.aw; and(d)an "Envirortmerctal
<br /> Condidion"means a condition tha[can cause, contribute to, or otherwise trigger an Environmental C7eanup.
<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 Properiy (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 pteceding two
<br /> NEBRASKA-Single Femlly-Fannle Mae/Freddie Mac UNIFOflM INSTRUMEM Form 3028 1/D7
<br /> �MP� VMP81NE111105).00
<br /> Woltera Kluwer Financiel Services Poge 13 at 1]
<br />
|