|
� � 201208375
<br /> iu Uie Property and rights under this�Securiky TnsG�uinent; and(d) talces such action as L,euder may
<br /> rcasonably roquiro to �bsuro tl�at Lender's intorcet in the Pr��peedy ttnd rigl�Ys under khib Security]nsfrument,
<br /> and]3orrower's obligat�on to pay the suma sec�ued by this Secnrity Insh-uinent, shell oonfinue unchanged.
<br /> Lender may require that Borrower pay such reinstatement swns and expenses in oue or more of the following
<br /> forms, ns se1ected by Lender: (a) cash; (b)moneg order; (c) certified checic, banlc oheelc, heaem'er's check or
<br /> oasl�ier's check, provided any such check is drawn u�on an inatihition whose depo�ils�uo inswcd by a
<br /> federal ageucy, instrumentality rn-entity; or(d) Eleatronie IIunds Transfer. Upon reinstatemenC by Borrower,
<br /> this Seeurity Histr�ixnent nnd obligetions aecurod hereby sh<�11 remaiu fully effective as if no aoceleration had
<br /> occw�red. However, tl�is riglrt to reinstate shall not apply in the case of acceleratioii uudar Section 18.
<br /> 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a p�rtial interest in the
<br /> Nofe (IogeLher wiCh this Security Inslrumenf) enn be sold one or more Cimes wifhout prior notice to
<br /> Borrower. A sale mighY resulY in�chang�e in the entity(known�s fhe "Loan Servzcer") thet collecte Periodic
<br /> Pa�nenis due under Elte Note aud this Security 7nstrunient and pe��forms oflier mortgage]ovi servicing
<br /> obligaCions imcier 11ie Nofe, fhia SecuriCy InsCnui�onC, and Applicable I,aw. Thorc also mrgl�t bo one or morc
<br /> changes of the Loan 5ervicer unrelated to a sale of the Note. Tf there is a ohnnge of the Loan Servicer,
<br /> Borrower will Ue given wxitten notice of'the change wlueh will state the name ancl addrese of the new Loen
<br /> Service��, the address to which payments sliould Ue made vid any other iuformation RLSPA requires in
<br /> conncction�vith a notice of trans£cr of servicing. if tl�e Note is sold and there�fter the Lo2n is servicecl by a
<br /> Loan Ssrvioer other Chan Che purchasec of Che NoSe, fhe inartgage]oan servicing obliga4iAne to Borrowcr will
<br /> remain with the Lonu Servicer or be U•ansferrecl to a successor Loau Servicer and az•e not assumed by the
<br /> Nota pluchasar wiless ofherwise�rovided Uy the NoCe purchaser.
<br /> Neither Boirower nor Lender inay coimnence, joiu, or Ue joined to viy,judicial action(as eitl�er an
<br /> individual litigant or tl�e ineml�er of a o1ass)tl�ak arises fi•orn the otl�er party's acti�ns pursuant tn this
<br /> Securitiy Instrument or that alleges fhat Hie oCher party has breached any provision of, or�ny duty owed hy
<br /> re�son of, lliis Security Instrument, until such Borrower or Lender has uotified the other pazty(with such
<br /> notice giveu in compliance wiYh the requiremente of Section 15) of such allebed breach aud afforded the
<br /> other parCy hereto a i�easonable period after tl�e giving of stiich notrce to take correctiva ac6ion. If Applioable
<br /> Law provides a timc pc�'iod whicl� niueC elapse before oert�in action oan be taken, thflt time peciod wi11 be
<br /> dccmcd 4o Ue reaeonable Por purposes of this par�gnnph. The noPice of acceler�a�tion and opportunity to cure
<br /> given to Borrower ptusuant to Section 22 and tUo notice of�ccelerlCion given W Borrower purauaut to
<br /> Section 18 shall bc dccmcd to salisfy the nolice and oppoxtunity to tnite corrective actiion provtsions of'tl�is
<br /> Seclion 20.
<br /> 21. Hazardous Substanees. As used in Yhie Section 2L• (�) °Hazardou,s SuGstnnr.es" arc thosc subekmcas
<br /> defined zs toxic or hazaA'dous snbstancey, pollutants, or w�st�s by�nviromnental Law and the following
<br /> subsEances: g�soline, lcerosone, oCher flumm�l�le or toxio peh oleum products,toxic pesticides and lrerbicides,
<br /> volati1c aolvents, materials coutaining asbestos or forinaldehyde, �tnd raclioactive inaterials; (b)
<br /> "L`roviroranaendad Law"means Foderal laws and laws of tl�e,jnrisdictio�� where flie ProperLy ia locaCeci[hal
<br /> rel�te to healTh, safety or environmental prot�;ction; (c) "13nviro»mental Cleanup"inciudes nny response
<br /> a�cCion, remedial acfion, or reu�oval acCiou, as deflned in L�nvironmentnl Law; mid(d) an "Envirot��mzntal
<br /> Con�ltta'r�ra"n�e�n� a oondi6ion that can cause, oonh�ibuta to, or otherwise frigger an Fnvii'oi�m�ntal Clean�ip.
<br /> l3orrower shttll iiot cause or peruvt the presanee, use, disposal, storage, or release of any Hazardous
<br /> SubsC�nces, or threaten to release any Hazardous Snbstauces, ni� or in thc Pro�crCy. Borrower shall noC do,
<br /> uor allow anyone elye to do, �nqthing affcctin�the Pi•oper�y(a) thnt is in violation of nny Bnviromnental
<br /> I:aw, (U) which orcatce ui L+nvironmental Coudition, or(c)wl�ich, dtie tio the presence, use, or release of a
<br /> Haza�dous Substanoe, cre�tes a condition tihat adversely affects fl�e vEilne of tl�c Yroporty. 'Cho prccedirzg 6wo
<br /> 24002385
<br /> NEBRASKA-6inglo Fomily-Fennie M eelFretltlle M ac UNIPORM INSTRUM FNT Fotm 3020 7101
<br /> VM P OO VM P6(N Ei(11051
<br /> Wolters Kluwer Ginancial Services Pa9e 13�of 17
<br />
|