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20120663� <br />in the Property and rights under this S�urity Instrument; and (d) takes such action as I.euder may <br />reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument, <br />and Bonower's obligation to pay the sutns secured by this Secutity Instrument, shall continue unchanged. <br />Lender may require that Bonower 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) certifierl check, bank ch�k, treasurer's check or <br />cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a <br />federal agency, instrumentality or entity; or (d) El�tronic Funds Transfer. Upon reinstatement by Bonower, <br />this Security Insmiment 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 acceleration 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 this Security Insmiment) can be sold 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 coll�ts 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 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 the new Loan <br />Servicer, the address to which payments should be made and any other information RESPA re�uires in <br />connection 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 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 commence, join, or be joinefl to any judicial action (as either an <br />individual lirigant or the member of a class) that arises from the other party's acrions pursuant to this <br />Security Instnunent 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 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 />L,aw provides a time period which must elapse before certain action can be taken, that time period will be <br />d�med to be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to cure <br />given to Bonower pursuant to Secrion 22 and the notice of ac.celeration given to Bonower pursuant to <br />Section 18 shall be deemed to satisfy the notice and opporluniry to take conective action provisions of this <br />Section 20. <br />21. Hazardous Substances. As used in tlus Section 21: (a) "Hazardous Substances" aze 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 />"Environtnental Law" **�anc federal laws and laws of the jurisdiction where the Property is located that <br />relate to health, safety or environmental protection; (c) "Environme�tal Cleanup" includes any resgonse <br />action, remedial acrion, or removal action, as defined in Environmental Law; and (d) an "Environ�rnental <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 Condirion, 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 Properly. The pre�eding two <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 7/01 <br />VMP � VMPBINE) (110b) <br />Walters Kluwer Financial Services Page 13 of 17 <br />