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201206538
<br /> in the Property and rights under this Security Instrument; and(d)takes such action as L,ender may
<br /> reasonzbly require to assure that Lender's interest in the Proper[y and rights under this Security Instrument,
<br /> and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged.
<br /> L.ender may require that Borrower pay such reinstazement 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 institu[ion whose deposits are insured by a
<br /> federal agency, instrumentality or entity; or(d) Electronic Funds Transfer. Upon reinstatement by Borrower,
<br /> this Security Instrumern and obligations s�ured hereby shall remain fiilly effective as if no acceleration had
<br /> occurred. However, this right to reinstate shall not apply in the case of accelaation 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([ogether with this Secutity Iastrmnent)can be sold one or more limes without prior notice[o
<br /> Borrower. A sale might result in a change in the entity(laiown as the "Loan Servicer'�that collects Periodic
<br /> Payments due under the No[e and this Security Instrument and performs other mortgage loan servicing
<br /> obligations under the Note, this Securi[y Instrument, and Applicable Law. There also might be one or more
<br /> changes of the Loan Servicer unrelazed to a sale of the Note. If there is a change of the L.oan Servicer,
<br /> Borrower will be given written notice of the change which will staze the name and address of the new Loan
<br /> Servicer, the address to which payments should be made and any other information RESPA reqwres in
<br /> conn�tion with a notice of transfer of servicing. If the Note is sold and thereafter the L.oan is serviced by a
<br /> L.oan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations 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 Borrower nor Lender may coitmtence,join, or be joined to any judicial action(as either an
<br /> individual litigant or the member of a class)tha[arises from the other party's actions pursuant to this
<br /> Securiry Instn�ment or that alleges that the other party has breached auy provision of, or any duty owed by
<br /> reason of, this Security Instrument, until such Borrower or Lender has notified the othet party(with such
<br /> ❑otice given in compliance with the requirements of Section 15)of such alleged breach and afforded the
<br /> other par[y hereto a reasonable period after the giving of such nouce to take corrective action. 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 oppommity 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 no[ice and opportunity to take corrective action provisions of this
<br /> Section 20.
<br /> 27. Hezardous Substences. As used in this Section 21: (a) "Hazardous Si�fistances"aze those substances
<br /> defined as toxic or hazardous substances, poliutants, or wastes by Environmemal 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 /> "Environmerttal Luw"means federal laws and laws of the jurisdiction where the Property is located tltat
<br /> relate to health, safety or environmental protection; (c) "Environmenta! Cdeanup"includes any response
<br /> action, remedial action, or removal action, as defined in Environmental Law; and(d)an "Environmeretal
<br /> Condiaion"means a condition that can cause, wntribute to, or otherwise trigger an Environmental Cleanup.
<br /> Borrower shall not cause or pemut 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, any[hing afFecting the Property(a)that is in viola[ion of any Enviromnental
<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 aff�ts the value of the Property. The preceding two
<br /> NEBPASKA-Sl�gle Femily-Famie Mae/Fretltlle Mec UNIFOFM INSTRUMENT Form 3028 1/01
<br /> VMP� VMPB(NE)Ii 1051.00
<br /> Wotte�s Kluwer Finantial Services Page 13 of 1]
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