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201504234
<br /> address of the new Loan Servicer,the address to which payments should be made and any other information RESPA
<br /> requires in connection with a notice of transfer of servicing.If the Note is sold and thereafter the Loan is serviced by a
<br /> Loan Servicer other than the purchaser ofthe Note,the mortgage loan servicing obligations to Borrower will remain with
<br /> the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed by the Note purchaser unless
<br /> 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 litigant
<br /> or the member of a class)that arises from the other parly's actions pursuant to this Security Inshument or that alleges that �
<br /> the other party has breached any provision of, or any duty owed by reason of, this Security Instrument, until such
<br /> Borrower or Lender has notified the other pariy(with such notice given in compliance with the requirements of Section
<br /> 15)of such alleged breach and afforded the other party hereto a reasonable period after the giving of such notice to take ,
<br /> corrective action.If Applicable Law provides a time period which must elapse before certain action can be taken,that
<br /> time period will be deemed to be reasonable for purposes ofthis paragraph.The notice of acceleration and opportunity to '
<br /> cure given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to Section 18
<br /> shall be deemed to satisfy the notice and opportunity to take corrective action provisions of this Section 20.
<br /> 21.Hazardous Substances.As used in this Section 21:(a)"Hazardous Substances"are those substances defined as
<br /> toxic or hazardous substances,pollutants,or wastes by Environmental Law and the following substances: gasoline,
<br /> kerosene, other flammable or toxic petroleum products,toxic pesticides and herbicides, volatile solvents, materials
<br /> containing asbestos or formaldehyde,and radioactive materials;(b)"Environmental Law"means federal laws and laws
<br /> of the jurisdiction where the Properly 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 otherwise �
<br /> trigger an Environmental Cleanup.
<br /> Borrower shall not cause or permit the presence,use,disposal,storage,or release of any Hazardous Substances,or
<br /> threaten to release any Hazardous Substances,on or in the Property.Borrower shall not do,nor allow anyone else to do,
<br /> anything affecting the Property(a)that is in violation of any Environmental Law,(b)which creates an Environmental �
<br /> Condition,or(c)which,due to the presence,use,or release of a Hazardous Substance,creates a condition that adversely
<br /> affects the value of the Properry.The preceding two seritences shall not apply to the presence,use,or storage on the
<br /> Properry of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential
<br /> uses and to maintenance of the Property(including,but not limited to,hazardous substances in consumer products).
<br /> Borrower shall promptly give Lender written notice of(a)any investigation,claim,demand,lawsuit or other action
<br /> by any governmental or regulatory agency or private pariy involving the Property and any Hazardous Substance or
<br /> 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 condition
<br /> caused by the presence,use or release of a Hazardous Substance which adversely affects the value of the Property.If
<br /> Borrower learns,or is notified by any governmental or regulatory authority,or any private party,that any removal ar
<br /> other remediation of any Hazardous Substance affecting the Property is necessary,Borrower shall promptly take all
<br /> necessary remedial actions in accordance with Environmental Law.Nothing herein shall create any obligation on Lender
<br /> for an Environmental Cleanup.
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<br /> NON-LJNIFORM COVENANTS.Borrower and Lender further covenant and agree as follows:
<br /> 22.Acceleration;Remedies.Lender shall give notice to Sorrower prior to acceleration following Borrower's
<br /> breach of any covenant or agreement in this Security Instrument(but not prior to acceleration under Section 18
<br /> unless Applicable Law provides otherwise).The notice shall specify:(a)the default;(b)the action required to cure
<br /> the defaplt;(c)a date,not less than 30 days from the date the notice is given to Borrower,by which the default
<br /> must be cured;and(d)that failure to cure the default on or before the date specified in the notice may result in
<br /> acceleration of the sums secured by this Security Instrument and sale of the Property.The notice shall further
<br /> inform Sorrower of the right to reinstate after acceleration and the right to bring a court action to assert the non-
<br /> existence of a default or any other defense of Borrower to acceleration and sale.If the default is not cured on or
<br /> NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01
<br /> Page 11 of 13
<br /> ios,inc. Borrower(s)Initial
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