|
��15�57��
<br /> in the Proper�y and rights under this Se�uri�� Instrumen�; and�d}takes suc��aclion�s Lender tnay
<br /> reasonably requ�re to assure that Lender's int�rest in the Proper�y and rx�hts under this S�curity �ns�rurnen�,
<br /> and Borrov�er'��bl�gatifln�o pay�he sums secured b� �his Se�urity�nstru��len�, shal��ontinue unchang�d.
<br /> I.�nder rnay require that Borrower pay such re�nstatem�n�surns and exp�nses in nne or more of�he fa��ovving
<br /> farms, as sele�;t�d�y Lender: (a}�;ash; �b}mon�y ord�r; �c���r�if"ied che�k, bank check, �reasurer'�check or
<br /> cashier's check, provid�d any such check�s drav��n upon an institution whase deposits are insured by a
<br /> federal ag�ncy, ins�rumen�a�i�y or enti�y; or(d} Ei��troni� Funds Transfer. Upon reinsta�emen�by Borrower,
<br /> this Security�nstrumen�and ob�igat�ons se�ured hereby shall rernain fully effec���e as if no acceleration had
<br /> flccurred. Haw�ver, this right�o reins�ate shal� no�apply�n the ca�e af acceiera��on under Section IS.
<br /> ��. Sa�e of Note: Change af Loan Ser�icer: Not�ce vf Grie�ance. The Note ar a part�al in�erest in th�
<br /> Note�together with th�s Secur�ty �ns�rum�nt�can be so�d one or mare��mes u�ithou�pr�ar not�c��o
<br /> B�rrawer. A sa�e might result�n a c�.ange�n the en�i��(known as�he "Loc�jz Ser-vicer"�that ca�lec�s Perzodic
<br /> Payments due under�he Note and this Securi�y �nstrurnent and performs ather mor�gag�loan servi�ing
<br /> o���gat�ons u��der the Note, this Security Instrumen�, and Applzcab�e Law. There also rnight�e ane or more
<br /> changes of the Loan Servicer unre�a�ed�a a sale of�he N�te. �f there is a chan�e of tihe L�an Servicer,
<br /> Borrower v�vill be given wri�ten no�ice af the change which will s�ate the name and address of the new Loan
<br /> Servicer, the addre�s to wh�ch pa�ments sh�uld be made and an�other�nformat�on RESPA requir�s in
<br /> c�nnecti�n wi��a a no��ce of tran�fer af s�rvic�ng. If the Note�s so�d a�ad thereafter�he Loan zs servic�d by a
<br /> Loan 5ervicer other than the purchaser of the Note, �he mor�gage Ioan servicing ob��gat�on�to gflrrower wil�
<br /> rernain with the Loan Ser�ic�r or be transferred to a su��essor Loa�Servicer and are not a�sumed by the
<br /> N�flte purchaser un��ss otherwise pra�ided by the No�e purc�aser.
<br /> Tl�ither Borrower nor Lender rnay commence,ja�n, or be�oined�o any judicial action�as eith�r an
<br /> indi�idual l�tigan�ar the rnember of a cla�s}that ar�s��from the o�her par��'s actions pursuant�o th�s
<br /> S�curity �ns�rurnent or that al�eges tha�the��h�r part�has breached any pro�is�on�f, or ariy duty ovWed by
<br /> reason of, this Securit�r�nstrument, unti�such Borro�rer or Lender has na�ified the ather par���w�th such
<br /> n��ice gi�en in�ompiiance wi�h�he requ�r�ments of S��tion 15}of such alieged�reach and afforded�he
<br /> a�her par�y here�a a reasanable periad af�er th�gi��ng af such notic�to take correc�ive action. �f App�i�able
<br /> Law pro�ides a�ime per�nd which must e�a�st befor�certaxn act�on can be taken, that t�m�period wi��be
<br /> deemed�o b�r�asonable for purposes af this paragrap�.. Th�not��e of acc��erat��n and oppor�unity ta cure
<br /> �i�en�o Borrower pursuant to S�ctian 22 and the nat�ce of aGc�leratian gi�e�to B�rrawer pursuant t�
<br /> Sectzon �g shall be deemed to sa�isfy the not�ce and apportunity to take�orrect��e actian pro�isions of this
<br /> 5ection��.
<br /> ��. Ha�ardaus Suhstances. As used in this Sect�on�1: �a� "Ha.�ardaus Sz��stances"are fhose substances
<br /> defin�d as toxic or hazardous substances, pollu�ants, or wastes by Envzronrnenta�Law and the follov�ing
<br /> su�stances: ga�aline, k��rosene, other flarnmable or toxic petroleum produc�s, to�ic p�sticid�s ar�.�her��cxdes,
<br /> va�atiie soivents, materials�antaining as�estos or formald�hyde, and radioac�i�e rnateria�s; �b}
<br /> "E�t�iror2�r�e��tal�x�"means federal �aws and�a�s af th�jurisdiction where the Pra�er��is Iocated that
<br /> re�a�e ta hea�th, safety ar environmental pr�tec�ion; �G} "�'nviron���entar Clearzup"includes any respanse
<br /> acti�n, remedial ac��on, or removal a���on, as def�ned in Environmental Lavv; and�d} an "Ei�Uij4nj�2C��2�QI
<br /> �"ar�ditiorx"means a cond��ion that can cause, contr�bute�o, or a�herwis��rigger an En�ironmental Cleanup.
<br /> Borrower shall no�cause or perm�.t the presence, use, disposal, storage, �r reiease of any Hazardous
<br /> Suhstances, or�hreaten ta r�l�ase an� Ha7ardaus Sub��ances, �n flr in the Propert�. Borrawer sha11 not da,
<br /> nor allow anyone e�se to do, any�hing affecting the Proper�y (a��hat is in v�alati�n of any Environmental
<br /> Lavv, �b}��h�ch creates an En�riranrn�nta��ondi�ion, or�c}v�rhzch, due to the pre�ence, use, or release of a
<br /> Hazardflus SubsYance, creates a cond��ion that adv�rsely aff�cts the value of the Proper�y. The preced�ng�wo
<br /> NEBRASKA-5ingle Farr}ity-Fanr�ie MaelFreddie Mac L3NIF�RM tNSTRUMENT Farm 3028 11�1
<br /> VMP� VMPfitN�)[�3�2f
<br /> WaIt�rs Kluwer�inan�iai 5er�ices Pac�e�3 of 17
<br />
|