Laserfiche WebLink
20�20921� <br />Instrument, and Borrower's obligation to pay the sums secured by this Security Inetruinent, shall continue unchanged. <br />Lender may requize that Borrower pay such reinstatement sucns and expenses iu► one or �re of the following forms, <br />as selected by i.ender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's ch�k or cashier's check, <br />provided any such check is drawn upon an institution whose deposits are insure� by a ferleral agency, instrumentality <br />or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Bonower, this Security Instrument and obligarions <br />secured hereby shall remain fvlly effective as if no acceleration had occurred. However, this right to reinstate shall <br />not apply in the case of acceleration under Section 18. <br />20. Sale of Note; Change of Lo�n Servfcer; Natice of Grievance. The Note or a partiat interest in the Note <br />(together with this Securiry Instrument) can be sold one or more � without prior notice to Borrower. A sale might <br />result in a change in the entity (known as the °Loan Servicer") that collects Periodic Payments due under the Note <br />and this Security Instrument and perforn�s other mortgage loan servicing obligations under the Note, this Security <br />Instruzaent, and Applicable Law. There also might be one or more changes of the Loan Servicer unrelate� to a sale <br />of the Note. if there is a change of the Loan Servic�r� Borrower will be given written notice 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 />information RESPA requires in connection with a notice af transfer of servicing. If the Note is sold and thereafter <br />the Loan is serviced by a Loan Servicer otb.er than the purchaser of the Note, the mortgage loan servicing obligations <br />to Bozrower will remain with the Loan Servicer or be transferred to a snccessor I.oan Servicer and aze nat assumed <br />by the Note purchaser unless otherwise provided by the Note purchaser. <br />Neither Borrower nor Lender may commence� join, or be joined to any judicial accion (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 breachefl any provision of, or any duty owed by reason of, this Security Instrument, <br />until such Borrower or Lender has notified the otlier party (with such notice given in compliance with the requirements <br />of Section 15) of such alleged breach and afforcted the other party hereto a reasonable period after the giving of such <br />notice to take coneetive action. If Applicable L�aw provides a time period which must elapse before certain action <br />can be taken, that time period will be deemed to be reasanable for purposes of this paragraph. The notic� of <br />acceleration and opportunity to cure given to Borrower pursuant to Secdon 22 and the notice of acceleration given <br />to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opporhznity to take corrective action <br />provisions of this Section ?A. <br />Zi. Hazardous Substane�. As usesi in this Section 21: (a) °Hazardoas Substances" are those substances <br />defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: <br />gasoline, kerosene, other flammable or toxic peuoleum products, tolcic pesticides and herbicides, volatile solvents, <br />materials containing asbestos or formaldehyde, and radioactive materials; {b) "Environmental �aw" means federal <br />laws and lawa of the jurisdiction where the Property is locat� that relate to heaith, safety or environmental protection; <br />(c) "Environinental Cleanup" includes any response action, remedial action, or removal action, as deflne,d in <br />Environmental Law; and (d) an "Environmental Condition" means a condition that can cause, contribute to, or <br />otherwise trigger an Environmental Cleanup. <br />Barrower shall not cause or permit the pre�sence, use, disposal, storage, or release of any Hazardous Substances <br />or threaten to release any Hazardous S�bstances, on or in the Prop�rty. Borrovcrer shall not do, nor allow anyone else <br />to do, anything affe�ting the Property (a) that is in violation of any Environmental Law, (b) which creates an <br />Environmental Condition, or (c) which, due to the pr�ence,�use, or release of a Hazardous Substance, creates a <br />conditioa that adversely affects the value of the Properly. The prec�ding two sentences shall not apply to the <br />presence, use, or storage on the Praperty of small quantities of Hazardous Substances that aze generally recognized <br />ta be appropriate to norn�al residential uses and to maintenance of the Property (including, but nat limited w, <br />hazardous substances in consumer products). <br />Borrower shall promptly give Leader written notice of (a) any investigation, claim, demand, lawsuit or other <br />action by any governmental or regulatory agency or private paRy involving the Property and any Hazardous Substance <br />or Environmental Law of which Borrower 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 Substance, and (c) any <br />condition caused by the pres�nce, use or release of a Hazardous Substance which adversely afFects the value of the <br />Property. If Borrawer learns, or is notified by any governmental or �tegalatory authority, or any private party, that <br />IVEBRASKA--Single Family—Fannie N{ae/Freddie Mac UNIFORM IMSTRUMENT pnc�a�e$,� <br />Form 3028 1/01 Page 11 of 14 wwrw.docmag)c.aom <br />N�28.dot.xml <br />