|
��15��13�
<br /> in�he Pr�per�y and righ�s und�r this Security �nstrurnent; and �d}�akes such action as Lender may
<br /> reasonab�� require t� assure�hat Lender's interest in���Property and rights under th�s Securi�y�nstrument,
<br /> and Borrower's abligation to pay�he sums s�cured b��hxs Security Znstrument, sha�� cont�nue unchanged.
<br /> L�nder may require t�a�Borrow�r pay such reinsta��ment sums and e�.penses in ane or m�re af�he foilowing
<br /> forms, as sel�cted b� Lender: �a}cash; �b} money order; �c}��rtified check, bank check, treasurer's chec�or
<br /> cash�er's che�k, provided any such check�s drawn upon an institut�on whose depas�ts are�nsured by a
<br /> f�deral agency, instrumenta�i�y or entity; �r�d} Electronic Funds Transf�r. Upon re�nsta�ement by Borrower,
<br /> this Security Ins�rument and ob�igat�ons secured hereby sha��remain fu��y effecti�re as�f no acc��erat�an had
<br /> occurred. H�v�ever, this right�o re�ns�ate shal�no�app�y in�he case of accelerat�an under Sec�ian �8.
<br /> 2Q. Sale of Note; Change af Loan Se�rv�cer; Nvtice of Gr�e�ance. The Nate or a par��al in�erest xn�he
<br /> N��e�to�ether�vith this Securi�y Ins�rument}can b�so�d�ne or more times wx�haut pr�or notice tfl
<br /> Borrower. A sa�e mxgh�result�n a change�n�he en��t� �kno�un as the "L�an Servicer"} that co�Iec�s Per�odxc
<br /> Pay�nen�s due under�he No�e and this Secur�ty �ns�rumen�and performs o�her mortgage loan servic�ng
<br /> �b�igat�ons under�he Nat�, th�s Securit��nstrument, and App�icable Law. There al�n migh�be on�ar rnore
<br /> changes af�he Loan S�r�icer unre�ated to a sa�e of th�No�e. �f�here�s a c�ange of the L.oan 5�rvicer,
<br /> Borrov�rer w���be gi�en written notice af the change wh�ch�ri�1 sta�e the name and address of�a.e nev� Loan
<br /> �ervicer, �he address�o wh�ch paymerits shou�d be made and any o�her inf�rma�ion RESP�.requ�res in
<br /> connection with a natice of�ransfer�f servicing. �f�he Note i� sold and�h�reaf�er the Loan is s�rviced by a
<br /> Loan Servicer other than�he pur�haser of the No�e, ���m�r�gage loan servi�ing flb���a�ions�o Borrovver wi��
<br /> rema�n w�th the Loan Servicer or be transferred ta a suc�essor Loan Ser��cer and are not assumed by�he
<br /> N���purc�aaser uxa�.ess o�herwise prov�ded by th�N�te purchaser.
<br /> Ne�ther Borrower nor I.ender may c�mmen�e,j oin, or be j o�ned�a an�j udic�al ac�.�on�as ei�her an
<br /> indi�r�dual 1�tigan�or th�mem�er of a class}�hat arises from the a��er par�y's acti�ns pursuan�to th�s
<br /> Securi�y�nstrument ar that ai�eges tha��he o�her par�y has breached any pro��s�an of, or an�du�y ow�d by
<br /> reason of, �his Securi��r�nstrumen�, unti� such Borr�wer or Lender has n����ed�he other par�y �with such
<br /> n��i�e g��en in campiianc�w��h�h�requirement�of Sect�an �5}�f s�ch�leged breach and afforded�he
<br /> o�her par��r here�o a reas�nable period aft�r�he g�vir�g of such nat�ce to�ake correc�i�re ac�ion. Zf App�icable
<br /> Law pro�ides a�ime per�od�vh�ch must eia�se befor�certa�n actian can be taken, �hat t�me per�od w���be
<br /> deemed t�b�rea�onable for purpvses of this paragraph. The not�ce of ac��lerat��n and opportunity to�ure
<br /> g�ven to Borrower pursuant to Section 22 and�he not�ce of acceleration g�ven�o�orrower pursuant��
<br /> Sec���n �8 sha��be deemed to sat��f��he not�ce and opportun����o take correc�i�e ac��on prov�sians of this
<br /> Sec�ion 2�.
<br /> �'i. Hazardous Substances. As used in�h�s Section 2�: �a} "I�'a�ardous Substances"are those substanc�s
<br /> de�ned as toxic or hazard�us subs�ances, pa��utants, or wastes by En�ironmental Lav�r and the fol�owing
<br /> subs�ances: gaso��ne, kerosene, Q�h�r flam�m.ab�e or t�xic pe�roleum products, taxic pest�c�des aaad herbi�ides,
<br /> .
<br /> �oia�ile sfllv�nts, mater�als con�a�ning asbestos or formaldeh�rde, and radiaacti�e mat�r�als; �b
<br /> "Environinental Lczw"means federal Iaws and laws of�he�urisd�c�ion wher�the Prop�r�y�s Iocated tha�
<br /> r��ate�o heal�h, safety or en��rnnmental pro��ction; �c} "�`rtviranmenta�Clea�r�p"�ncludes an�respanse
<br /> ac�ion, reme��ai acti�n, ar remo�a� ac�xon, as de�n�d in�nv��ronmen�al Law; and�d}an "�nviron�nentar
<br /> �`onditzan"nzeans a cond��ion tha�can�ause, contribute�a, or ather��se�rigger an Enviran�mental Cleanup.
<br /> Bflrr�wer shai�no�Gause or permit the presence, use, disposa�, s�orag�, or rel�as�of an�r�azardaus
<br /> Subs�an�es, or threaten�o release any �a2ardous Substan�es, on�r in�he Proper��. Borrower sha��nat do,
<br /> nar a��ovv ar�yor�e e�se to do, anything affecting the Proper�� ta} �ha� �s in violat�an of an�Environmental
<br /> Law, �b}wh��h creates an Env�ronmen�ai Cond�tion, or�c}which, due t�th�presence, use, or release of a
<br /> �azardous Su�stance, creat�s a condit�on that advers�ly affects�he�a1.ue�f th� Proper��. The preceding two
<br /> N�BRASKA-Single Family-Fannie Ma�IFreddi�Mac LJNfFDRM lNSTRUMENT �orm 3�28't10�
<br /> VMP Qr� VMP6(NEy�i 30�}
<br /> Wolters Kluwer�inanciat Ser�i�es Page 13 o'f"i 7
<br />
|