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�0120865ti If Lender exercises this option, Lender shall give Bonower notice of acceleration. The notice shall provide a period of not less tha.n 30 days from the da.te the notice is given in accordance with 5ection 15 within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Bonower meets certain conditions, Bonower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable Law might specify for the t�W��tion of Bonower's right to reinstate; or (c) entry of a judgment enforcing ttus Security Instrument. Those conditions aze that Borrower: (a) pays Lender a11 sums which then would be due under this Security Instrument and the Note as if no accelerarion had occurred; (b) cures any default of any other covenants or agreements; (c) pays a11 expenses incurred in enforcing ttris Security Instrument, including, but not limited to, reasonable attomeys' fees, property inspection and valuarion fees, and other fees incurred for the putpose of protecting Lender' s interest in the Property and rights under this Security Instrument; and (d) ta.kes such action as Lender may reasonably require to assure that Lender' s interest in the Property and rights under ttus Security Instrument, and Bonower' s obligation to pay the sums secured by this Security Instrument, shall continue uncha.nged. Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer' s check or cashier' s check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality or enrity; or (d) Electronic Funds Transfer. Upon reinstatementby Bonower, this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, tlus right to reinstate sha11 not apply in the case of acceleration under Section 18. 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the Note (together with this Security Instrument) can be sold one or more times without prior notice to Bonower. A sale might result in a change in the entity (known as the "Loan Servicer") that collects Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan servicing obligations under the Note, this Security Instrument, and Applicable Law. There also might be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Bonower will be given written notice of the change wluch will state the na.me and address of the new Loan Servicer, the address to which payments should be made and any other information RESPA requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed by the Note purchaser unless otherwise provided by the Note purchaser. Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an individual litigant or the member of a class) that arises from the other party' s actions pursuant to this Security Instrument or that alleges that the other pariy has breached any provision of, or any duty owed by reason of, this Security Instrument, until such Bonower or Lender has notified the other party (with such notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the other party hereto a reasonable period after the giving of such notice to ta.ke conective action. If Applicable Law provides a time period which must elapse before certain action can be taken, that time period will be deemed to be reasona.ble for purposes of this paragraph. The notice of acceleration and opportunity to cure given to Bonower pursuant to Section 22 and the notice of acceleration given to Bonower pursuant to 5ection 18 shall be deemed to satisfy the notice and opportunity to take conective action provisions of this Section 20. 21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioacrive materials; (b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any response action, remedial action, or removal action, as defined in NEBRASKA—Single Family—Fannie Mae/Freddie Mac UNIFORM INSTRUMENT - MERS DadNe c� Form 3028 1/01 Page 11 of 15 www.do�cmaglc.mm II I II I III I II II I I IIIIII I I II I I II I II II I I I I I I I�I II I I I I III I I II I III