201403068 - Laserfiche WebLink

Browse

��14�3��5 in the Property and rights under this Secur�ty Instrumen�; and �d} takes such action as L�nder may reasonably requ�re�o assure�hat Lender's �nterest�n the Proper�y ar�d r�ghts under thxs Secur��r �ns�rumen�, and Borrov�rer's obl�gation to pay�he sums secured by th�s Securi�y Instrumen�, sha��on�inue unchange�. Lender may require tha�Borrower pay such reins�atemen�sums and e�penses in on�or more of the foll�wing farms, as se�ec��d by L�nder: �a} cash; �b}mane�o�rder; �c} cer�ified check, bank check, �r�asurer's�heck or cash�er's check, provided any�uch check�s drawn upon a�xnst��uti�n whos��.epos��s are insured h� a federa�. agency, �nstrumenta�ity or en�ity; or�d} Eiectron�c Funds Transfer. Upon r�instatement by Borrawer, th�s Secur�t��nstrum�nt and obiigatiflns secured her�by sha�� rema�n fu�ly effe��ive as if no ac�eiera��on had occurred. �3owever, this r�ght to r�ins�ate shal�not app��in�he case of acce�eration under Se�tian �8. �0. Sale vf Nate; Change vf Lvan Servicer; Notice af Grie►vance. The No�e�r a partia� interest in the Note(together wi�h�hxs Se�uri��nstrumen�} can be sald one or more�imes w��hau�priar no�ice to Borrower. A sale m�gh�resu��zn a change in the�n��y �known as the "Loan�'ervicer"} tha�ca��e�ts Periodic Paymen�s due under the No�e and�h�s Securi�y�ns�rum.en�and p�rforms�th�r m.or�gage loan serv�cing ob��gations under the No�e, this Securi�y �nstrument, and Appx�ca��e Law. There a�s�migh�be�ne or more �hanges of�he L.oan Servieer unrelated�a a saie af the No�e. �f there�s a change af�he L.oan Serv�cer, Borrov�er w�ll be g�ven wri�t�n n�tic�af the change v�h�ch v�rill s�a�e the name and address of�he new Laan Serv��er, the address��vvh�c�pa�ments sh�uld�e made and any o�her�nformation RESPA r�qu�res �n cannec��n with a not�ce of�ransfer of s�rvicing. If the Note�s sald and thereafter�he L�an i� serviced b�a L�an Ser��cer at�er than the purchas�r of the Note, the mar�gage Iaan ser�ic�ng o�ligat�ans�a Bnrrower w�11 remain with the Loan Ser��cer�r be transferred to a successor Laan Servi�er and are not assumed b�r the N�te purchaser unle�s athervvise pro�r�d�d by�he Note purchaser, Nei�her B�rro�nrer nar I.ender may�om�mence,join, �r be joined�o any judicia� actian �as either an individual l��igan�vr the memb�r of a class} t�aa�aris�s fram the��her party's ac�ions pursuan��o th�s S�curity Instrunzent or that a�leges�hat the other par�y has breached an�provision of, or an�r duty awed by reasan flf, �his Security Instrument, until such B�rro�er or Lender has no��fied�he other par��r �v��th such notice given in compxiance with the requ�rements af Sec�ion �5� �f such alleged breach and afforded�he a�her par�y hereto a reasonab�e per�od after the gi��g of such no�ice��take correct��e ac�ion. If Applicab�e Law pro��des a t�me period whi�h xnust elapse bef�re certa�n action can b��al�en, that�ime per�od wi11 be deemed to be reasanabXe far purposes of�hxs paragr�ph. The not�ce of ac�e�eration and oppflr�un��y�a cur� given to Borrovver pursuant to Sec��an 22 and��.e not�ce of accel�ra��on gi�en�o B�rrower pursuan��o Secti�n I$ sha��be de�med�o sa�isfy the notice and opp�r�uni��to�ak�correc�ive act�on prov�s�ons of this Section ZD. ��. Hazardous Suhstances. As us�d rn this Sec��n Z�: �a� "Hazardous Substartces"are thase substances def�ned as toxi�or hazardous substances, poi�utants, ar was�es b�Environmenta� Law and the fol�ov�r�ng substances: gaso�ine, �erosene, ather flammable or tox�c pe�ral�um pro�iucts, to�ic p�s�icides and h�rbicides, �a�atx�e s�Ivents, materials con�ain�ng asbestos or for�maldehyde, and rad��ac��e materials; �b} "Environmental L,�xvv"means f�deral lavvs and Iaws of�h��urisd�c�ian vvhere�he Proper�y is Iocated�hat relate�o hea��h, safety ar environmenta�pr�tec��on; (c} "En�ironmental Cleanup"includes any response a�tiony r�med�a� act�on, �r r�ma�al action} as de�ned in Enviranmen�a� La�v; and�d} an "�r�viro�menta� Co�tdi�ion"means a cond��ion that can caus�, con�rihute�o, or ath�rw�se trigger an Env�r�nmen�al �leanup. Borrower sha��no�cau�e�r permit�he presence, use, d�sposal, storage, or release of any Hazardous Substances, or�hreaten ta releas�any �3azardous Subs�ances, on ar in�he Prope�-�y. Borrower shall not do, nor a��ow anyone e�se�o do, any�hing aff�c��ng the Property �a} that is in�io�ation of any Envirar�mental Lav�a, �b}v�hich creates an Environmen�al �ond�t�an, or�c}wh�ch, due�o�he presence� US�y or re�ease af a Hazard�us Subs�anc�, creates a�ondition that advers�� affects the value af the Proper��r. The prec�d�ng�wo NEBRASKA-Sir�gle�amity-�annie MaelFreddi�Mac UNI�QRM INSTRUMENT Fvrm 3�28'i In7 VMP� VMPfi=N�f{13p2y Wvlters Kluwer Financial 5ervices Page 13 of�7