201301746
<br /> Instrument, and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged.
<br /> Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms,
<br /> as selected by Lender: (a)cash;(b)money order;(c)certified check, bank check, treasurer's check or cashier's check,
<br /> provided any such check is drawn upon an institution whose deposits arc insured by a federal agency, instrumentality
<br /> or entity; or 1 d)Electronic Funds Transfer. Upon reinstatement by Borrower,this Security Instrument and obligations
<br /> secured hereby shall remain fully 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 Loan Servicer; Notice 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 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 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 he 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 of transfer of servicing. If the Note is sold and thereafter
<br /> the Loan is serviced 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 transferred to a successor Loan Servicer and are not 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 action(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 off, or any duty owed by reason of, this Security Instrument,
<br /> until such Borrower or Lender has notified the other party(with such notice given in compliance with the requirements
<br /> of Section 15)of such alleged breach and afforded the other party hereto a reasonable period after the giving of such
<br /> notice to take corrective action. If Applicable Law provides a time period which must elapse before certain action
<br /> can he taken, that time period will be deemed to be reasonable for purposes of this paragmaph. The notice of
<br /> acceleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given
<br /> to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective action
<br /> provisions of this Section 20.
<br /> 21. Hazardous Substances. As used in this Section 21: (a) "Hazardous 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 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 protection:
<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 condition that can cause, contribute to, or
<br /> otherwise trigger an Environmental Cleanup.
<br /> Borrower shall not cause or permit the presence,use, disposal, storage, or release of any Hazardous Substances,
<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) which creates an
<br /> Environmental Condition, or (c) which, due to the presence, use, or release of a Hazardous 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 /> Borrower 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 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 presence, use or release of a Hazardous Substance which adversely affects the value of the
<br /> Property. If Borrower learns. or is notified by any governmental or regulatory authority, or any private party, that
<br /> NEBRASKA—Single Family—Fannie Mae/Freddie Mac UNIFORM INSTRUMENT DocMagle eROMM
<br /> Form 3028 1/01 Page 11 of 14 www.docmagic.com
<br />
|