201210951 - Laserfiche WebLink

Browse

201210951 in thc Property and rights under this Security Instrument, and(d)takes such acrion as Lender may reasonaUly require to assure that I.endcr's interest in the Property and rights under tivs Security Instrument, and Borrower's obligafion to pay the sums secured by this Secu[itp Instrumeirt, shall continne uncbanged. Lender may require thaY Borrowe,r pay such reinstatement sums and espenses in one or more of the following forms, as selected by Lender: (a) c�.sh; (U)�nonzy order; (c) certified check, bank check; treasurer's check or cashier's check, provided any such check is dran✓n upon an institution�Ehose deposits are insured by a tederal agency, instrumentality or entit5; or(d)Eleclronic Funds Transfer. Upon reinstatement by Bonower, this Security Instrument and obligations sccured hereby shall remain fully effective as iF no acceleration had occurred. FIowever, this right to reinstate shall not apply iu the case of accelecation under Sebtion 18. 20. Sale of Note; Change of loan Servicer; Notice of Grievance. The ATote or a partial ineerest in the Note(together with this Securit7 Insti'nment) can be sold one or mare times without piioi noflee to Borrou-er. A sale might result in a change in the enrity(known as the "Loan Servicev")that collects Periodic Paymen{s due under the Note and this Security Instnunent and performs other mortgage loen servicing obligations cuider the Note, this Security�Instrutnent, and npplicable Law. There also might be one or inore changes of the Loau Servicer unrelated to a sale of dze Note. If there is a change of tl�e Loan Servicer, Borrower�nll be given written notice of the change which wIll state the name and address of the new Loan Servicer, thc address to which payments should Uc mzde and any other information RESPA require;in � cpnnecfion with a nptice of transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan Servicer other than fl�e purchaser of the Note; the inortgage loan Sen icing obligarions to Borrower will remain a�ith the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed by thc Note purchasa unless otherwise psovided by the Nota purchaser. Neither Boaower nor Lender may couunznce,join, or Ue joined to any judicial action(as either an individuaI litigant or the mcmber of a class)Sl�at arises from the other party's actions pursuant ta this Security Instnunent or that alleges that the other party has breached any provision of, or any duty ow.d by reason of, this Szcurity Insh-ument, until such 73orrower or Lender has notified the ather pariy(with such notice giv�n in compliance with the requirements of Section 1�) af such alleged b7'each and affprded the other party heretio a reasonable pexiod after the giving of such notiee�o take corrective action. If ApplicaUle Law pxovides a time period wluch must elapse beforc certain action can be taken, ffiat time period wili be deemed to be reasonable for purposes of this pazagraph. Thz notice of ac;celerati�n and opportunity to cure given to Borcower pursuant to SeeCion 22 and the nokce of accaleration given to Borrower pursuant to Secrion 18 shall be deemed to satisfy thc notice a�d.opporiunity to take cosecrive action provigions of this Section 20. 21. Hazardous Substances. As iused in this Secrion 21: (a) "Hazardo2is Substances"are those substances dzfined as to�c or hazardous substances, pollutants, or wastes by�nvironincntal Law and the following substances: gasotine, kerosane, othex flanunable or toxic peh-oleum products, to�c pesGcides and herbicides, volatIle solvenfs, materials coutainino asbestos or formaldehyde, and tadioactive�materials; (b) "Lnvironmentnl Law°means federal IawS and lacvs of ihe jurisdicrion where the Proper[yTM is loaated that r0late to health, safety or environmenTal protection; (c) "Ertvironmentcrl CZeanup"includes any response action, remedial action, ar removal action, as defined in Environmental La�; and(d)an "Environmental Condition"means a condirion that can cause, contribute to, or olherwise trigger an Environmental Cleanup. Borrower shall not cause or permit the presence, use, disposal, storage, or rclease of any Hazardous Substances, or threaten to release any Hazardous Substanccs, on or in the Properry. Borrower shall not do, nor allow�anyone else to dq anything affecting the Property(a)that is in violation of'anq Environmental i.aw; (b)which czeates an Environmental Condition, or(c)which, due to the presence, use, or releasc of a Hazardous Substance, cxeates a condition.that adeersely affects the value of the Property. The prececling h��o NEBR4SKA-SingleFamily-FannieA1aelFrecdieMzcUNIFORIvi INSTRUbIENT 2400311] Vbl P� VM P6(N�8 105) Y'Jolters Kluwer rinancial Servioes Page 13 ot+.]