|
��15��549
<br /> �n�Yie Property a�d rights un.d�r this Securi:ty Ins�rument; and�d�takes such ac�ion as Lender may
<br /> reasora.ab�y require to assure�hat Lender'���terest i.��he Pro�erty and rights urider�his Secur�ty In�trumen�,
<br /> ax�d BorrouTer`s ob�.xgatzon ta p�.y the su�ns secured b�thi.s Security Ix�.�trun�ent, sha1l co�.t�nue u�.changed.
<br /> Lender may require that B�rrower pay such reinstat�ment sum�s and expenses in one or more of the fol�ow�.n.g
<br /> farn�.s, as se�ec�ed by Lender: �a�cash; �b)money order; �c�cer��ed check, bank check, �reasurer's check or
<br /> ca.�hier's check, pravzded any such check is drav►�x1 upa�a�.institu��n,wh�se depos�ts are insured by a
<br /> federa.�age�cy, instrumentality or ent�ty; ar[d�El.ectronic Fu:nds Tran�fer. Upon reinstatemen�by Bo�rativer,
<br /> �s Securrty Instrument and ob].�ga�ior�s secured hereby sha.�.I:rema�n ful.�y effect�ve as�f no accelerati.o�had
<br /> occurred. H:awever, �h�s right to rein.��ate shall not apply in the ca.�e af accelerati.on under Section �.$.
<br /> �4. SaZe vf h��te; Char�ge of Loan Servicer; Notice of �rie�ance, The Note�r a partial x�.terest ir�the
<br /> Nate�toget,�ier�v��.�his Securit�Ins�ru�ent� cax�.be so�d ox�e o�-rnare�imes w�thout�rior n�t�ce��
<br /> Borr�wer_ �sale m�.ght result in a change�.n tlze en.tity�known a��ae "�Qan tSeYvic��"��at co�leC�s P�rzodic
<br /> Payxr�.ents due under�he Nflte arid th�s SeCurity Ir��rument a.t�d performs o�h.er m�r�gage loa�servicirng
<br /> �b�.i.gatxons und�r�he N�te, t�iis Security Instrume�xt, and App�.�.cab�e Law. There a�so migh�b�ane or more
<br /> �hange�of the Loar�S�rv�.�er unre�ated ta a sale�f�.e Nate. If there is a change of�he I�oa�n Serv�cer,
<br /> Barrawer w�ll be g�ven wr�tten nntice of the change�rhich w���stat�the name and address�f the new Loan
<br /> Servzcer, the addr�ss tQ v�rhi:�h paym�nts shou�d be made ar�d any Qther informatior�RESPA requires i�
<br /> connection vsr�th a�.ot�.c�of transfer�f servic�ng. If the Nate is sold.and thereafter th�Loan is servzced l�y a
<br /> Loan Serv�cer other than the�urc�.aser af�he Note, the�nor�gag�1Qan servi.cing obl�gations to Borra�urer wil.�.
<br /> r�ma�n vtr�t�the]L�an Serv�cer or be 1�c-ansfer�ed��o a successar I�oar�Servi.cer ax�d are no�assumed by�e
<br /> Na�e p�c�iaser�Iess oth�rwis�pravzded�by�he Note�aure�iaser.
<br /> Ne��her Borrower nor Lende�may eoxn�r��nce,j ain, or be j oim.ed�o any judacial ac�..on�as eather ax�
<br /> individua.�i litigax�t or�.he member of a c�ass)that ar�ses from the other par�y's ac��r�s pursuant�o�his
<br /> S�curity Instrument or�at a��eges that the other party has breached any prov�si�n af; or ax�.y duty owed by
<br /> reason of; �his Security In.s�rument, until such Borrower or Lender has nflti�ed�he other pa.rty[vv�t�such
<br /> nat�ce g�:�er��n compl�ance wx:th�he requirements of Sectzon 15} of such alleged breach and afforded the
<br /> other par�y here�o a reasonabl.e perind after�he gi.ving of such notice ta�ake correc�i�r�act�on. If Applicable
<br /> Law prav�des a�ime period tivhich must elapse before cer�a�n act��n can be taken, that time periad vv�I�be
<br /> deemed�a�be reasonable for purposes flf t�iis�aragraph. �`he�.otice of acceleration a�d�pportunity�o cure
<br /> g��en�o I3arraw�r pursuant t� Sec��.o�2� a�d�h�n�tice�f ac�e],erat�an giver�to Borro�er�pursuar�t ta
<br /> Sec��on 18 sha�l�e deemed to satisfy the r�ot�ce and ap��r��ty�o�a1�e corrective acti�on�rov�s�on�of�his
<br /> Section 2�.
<br /> �'�. H azardaus Substan�es= As used 7:n�his Secti�r���: �a� "I�a��c�do��S'ub�stances"are those substances
<br /> defined as�oxzc or hazardous substar�.ces, palluta��s, ar wastes by Enviranmer�ta�.Law and th.e f�llov�ring
<br /> subs�anees: gasa�ine, k�rosene, ather f�anax.r�.able or tdxic pet�a�eun�products, tox�c pesti��des and herb�cides,
<br /> volatzle sa�vents, mat�rial.s conta.�ning asbestos or forrrialdehyde, ar�d rad�oa�tive rnaterxa�.s; �b}
<br /> "�nvi�onYnen�cxl�a-w"means federal Iaws and�:aws�f�ie jur�sda.ctian�rhere th�Praperty%s�.ocated�hat
<br /> re�a�e to heal�h, safety or environmenta�.pro�ection; �c} "Envi�onmen�-aZ Cl�anu�a"inc�udes any resp�x�:se
<br /> ac�ia�, rem�d�.al.ac�ar�, or removal action, as def7.r�ed in Enviror�mental Law; ar�d�d� an "�nvi�onn��ntal'
<br /> C`ondition"mear�s a cond.it�.on tJa.at can cause, con.tri�ute to, or otJherw�se�rigger as�Er�v�rorimental.��e�u�.
<br /> Borro�rer sha���oi caus�or perx�t t�ie�resence, use, dis�osal, st�rage, ar re�ea.�e�f a�y Hazard.ous
<br /> Substances, ar�hrea�ten to release any Hazardous Substaxlces, on ar in the P�operty, B�rrower sh.al.�not da,
<br /> nor aL�ow ariyo�e else�o do, anything affec�ng�the Proper�y�a�that�s zn violat�on of a�y]Enviror�menta�
<br /> Lavr�, ��b��vh�ch creates an,Enviror.�xnental�ondition, or�c)w�iich, due�o the preser�ce, use, or relea.�e af a
<br /> Hazardous Substance, creates a condit�.or��.iat adverse�y affects the value Qf�h:e Pr�per�y. The preced�n.g two
<br /> 24��7772
<br /> NEBRASKA-Single Family-�ar�nie MaelFreddie Nl ac UNI��RM 1N5TRUM ENT Form 3�2$'lI�'[
<br /> VN!P Q VM P��NE}{'[302}
<br /> 1Nvl�ers Kiuw er�inancia[SErviGes Page'[3 af��
<br />
|