201406486
<br /> in the Property and rights under this Security Instrument; and(d)talces sucll action as Lender may
<br /> reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument,
<br /> and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged.
<br /> Lender may require that Borrower pay such�einstatement suins and expenses in one or inore of the following
<br /> foi�ms, as selected by Lender; (a) cash; (b)money order; (c) certified check,bank checic, treasurer's check or
<br /> cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a
<br /> federal agency, instruinentality or entity; or(d)Electronic Funds'I'ransfer: Upon reinstatement by Borrower,
<br /> this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had
<br /> occurred. However, this right to reinstate shall 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 partia] interest in the
<br /> Note(together with this Security Instrument) can be sold one or more times without�rior i�otice to
<br /> Borrowei•. A sale nught result in a change in the entity(lcnown as the "Lo�cn ServzceN")that collects Periodia
<br /> Payillents due under the Note and this Security Instruinent and performa other mortgage loan servicing
<br /> obligations under the Note, this Security Instrument, and ApplicaUle Law. There also inight be one or more ,
<br /> changes of the Loan Servicei•uruelated'to a sale of the Note. If there is a change of the Loan Servicer,
<br /> Borrower will be given written notice of the change which will state the name and address of the new Loan
<br /> Servicer, the address to which payinents should be made and any other inforination It�SPA requires in
<br /> connection with a ilotice of transfer of serviciiig. If the Note is sold and thereafter the Loan is serviced Uy a
<br /> Loan Servicer otlier than the purchaser of the Note, the inortgage loan servicing obligations to Borrower will
<br /> remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed by the
<br /> Note purcllaser unless otherwise provicled by the Note purchaser.
<br /> Neither Borrower nor Lender m1y coirullence, join, ar be joined to any judicial action(as either an
<br /> individual litigant or the meinber of a c11ss)that arises froin tlie other party's actions pursuant to this
<br /> Security Instrument or that alleges tihat tlie other party has breached any provisiou of, or any duty owed by
<br /> reason of, this Security Instrunzent, until suc11 Borrower or Lezider has notireci the other party(with such
<br /> notice given in compliance with the requireinents of Section 15) of such alleged bi•each and afforded the
<br /> other paz�ty hereto a reasonable period �fter the giving of such zlotice to take corrective action, If Applicable
<br /> Law provides a tiine period which lnust elapse before certain action can be talcen, that tiine period will Ue
<br /> deezned to be reasonaUle for puz•poses of this paragraph. The notice of acceleration and opportunity to cure
<br /> given to Borrower pursuant to Section 22 ancl the notice of acceleration given to Borrower pttrsuant to
<br /> Section 18 s11a11 be deeined to satisfy the notice ancl opportunity to take corrective action provisions of tllis
<br /> Section 20.
<br /> 21. Hazardous Substanees. As used iiz this Section 21: (1) "Hazccrclous Si�bst�cnces"are those subst�nces
<br /> de�ned as toxic or hazardous suUst�nces, pollutants, or wastes Uy Enviromnental Law and the followiiig
<br /> substances: g�soline, lcerosene, other flaiYui�able or toxic petroleum products, toxic pesticides and 11erUicides,
<br /> volatile solvents, materials containing asbestos or forinaldehyde, and radioactive materials; (b)
<br /> 'BnviT^onnzentccl L�aw"ineans fecleral laws aiid laws of tlle jurisdiction where the Pro�ei•ty is locatecl that
<br /> relate to health, safety or enviromilental protection; (c) "Environment�il Cle�inup"inchides any respoilse
<br /> action, reinedi�l action, oz�reinovll action, as defiiied in Envirorunent�l Law; and(d) an "Environmentczl
<br /> Conclztion"means a condition th2t can cause, contribute to, or otherwise trigger an�nviroiunentll Cleanup.
<br /> Borrower sl�all not cause or permit the preseizce, use, disposal, storage, or release of any Hazardous
<br /> Stibstances, or threaten to release any Hazarclous Substances, on or iii the Property, Borrower sha11 not do,
<br /> nor allow anyone else to do, anything affecting the Property{a) that is in violation of any Envirorunental
<br /> L�w, (b)wl�ich creates an Enviroiunental Condition, or(c)which, due to the�resence, use, oi t•elease of a
<br /> Haz�rdous SttUstallce, creates a condition that�dversely afFects tlie value of the Property. Tlie preceding two
<br /> 24007178
<br /> NEBRASKA-Sinc�le Fam ily-Fannie M ae/Freddie M ac UNIFORM INSTRUM ENT Form 3028 1I01
<br /> VMP OO VMP6(NE)(1302)
<br /> Wolters IQuwer Financial Servlces Fage 13�of 17
<br />
|