2o�2as�7�
<br />secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstaxe shall
<br />not apply in the case of acceleration under Section 17.
<br />19. Sale of Note; Change of Loan Servicer; Nolice of Grievance. The Note or a partial interest in the Note
<br />(together with this Security Instrument) can be sold one or more times without prior notice to Bonower. A sale might
<br />result in a change in the entity (l�own as the "Loan Servicer") that collects Periodic Payments due under the Note
<br />and this Security Instrument and performs other mortgage loan servicing obligations under the Note, this Security
<br />Instrument, and Applicable Law. There also might be one or more changes of the Loan Servicer unrelated to a sale
<br />of the Note. If there is a change of the Loan Servicer, Borrower will be given written nodce of the change which will
<br />state the name and address of the new Loan Servicer, the address to which payments should be made and any other
<br />informarion RESPA requires in connecrion with a notice of transfer of servicing. If the Note is sold and thereafter
<br />the Loan is setviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations
<br />to Borrower will remain with the Loan Servicer or be transfened to a successor Loan Servicer and are not assumed
<br />by the Note purchaser unless otherwise provided by the Note purchaser.
<br />Neither Bonower nor Lender may commence, join, or be joined to any judicial acrion (as either an individual
<br />litigant or the member of a class) that arises from the other party' s actions pursuant to this Security Instrument or that
<br />alleges that the other party has breached any provision of, or any duty owed by reason of, this Security Instrument,
<br />until such Bonower or Lender has notified the other party (with such notice given in compliance with the requirements
<br />of Section 14) of such alleged breach and afforded the other party hereto a reasonable period after the giving of such
<br />notice to take conective action. If Applicable Law provides a time period which must elapse before certain action
<br />can be taken, that time period will be deemed to be reasonable for purposes of this paragraph. The notice of
<br />acceleration and opportunity to cure given to Bonower pursuant to Section 21 and the notice of acceleration given
<br />to Bonower pursuant to Section 17 sha11 be deemed to satisfy the notice and opportunity to take conective action
<br />provisions of this 5ection 19.
<br />20. Hazardous Substances. As used in this Section 20: (a) "Hazardous Substances" are those substances
<br />defined as toxic or hazardous substaaces, pollutants, or wastes by Environmental Law and the following substances:
<br />gasoline, kerosene, other flammable or toauc petroleum products, toxic pesticides and herbicides, volatile solvents,
<br />materials containing asbestos or formaldehyde, and radioactive materials; (b) "Environmental Law" means federal
<br />laws and laws of the jurisdiction where the Property is located that relate to health, safety or environmental protecrion;
<br />(c) "Environmental Cleanup" includes any response action, remedial action, or removal action, as defined in
<br />Environmental Law; and (d) an "Environmental Condition" means a condirion that can cause, contribute to, or
<br />otherwise trigger an Environmental Cleanup.
<br />Bonower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous 5ubstances,
<br />or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, nor allow anyone else
<br />to do, anything affecting the Property (a) that is in violation of any Environmental Law, (b) wluch creates an
<br />Environmental Condition, or (c) which, due to the presence, use, or release of a Ha�ardous Substance, creates a
<br />condition that adversely affects the value of the Property. The preceding two sentences shall not apply to .the
<br />presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally recognized
<br />to be appropriate to normal residential uses and to maintenance of the Property (including, but not limited to,
<br />hazardous substances in consumer products).
<br />Bonower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other
<br />action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance
<br />or Environmental Law of wluch Bonower has actual knowledge, (b) any Environmental Condition, including but not
<br />limited to, any spilling, leaking, discharge, release or threat of release of any Hazardous Substa.nce, and (c) any
<br />condition caused by the presence, use or release of a Ha�ardous Substance wluch adversely affects the value of the
<br />Property. If Borrower learns, or is notified by any governmental or regulatory authority, or any private pazty, that
<br />any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Bonower shall
<br />promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any
<br />obligation on Lender for an Environmental Cleanup.
<br />N�RASKA-Single Family-UNIFORMINSTRUMENT DoWllaglc�
<br />MODIFlm FOR D�ARTMENT OF VETE�ANS AFFAIRS - MERS www.docmagic.com
<br />(Rev. 1/01) Page 11 of 14
<br />IIIIII�II�IIIII II'IIIIIIIIIIIII�IIIIIIIII�IIIIIIIII�IIU
<br />
|