|
��1 5��74�
<br /> in�he Praperty and rights under th�s Securi�y Instrument; and�d} takes such action as Lender rna�
<br /> reasonably r�qu�re�a assu�re tha�L.�nder's�nterest in the Property and ri�h�s under this Seeur�t�Instrumen�,
<br /> and Borrowe�r's abligation to pa�the sums secured by�his S�cu�i�y �nstrument, sha11 con�inue un�hang�d.
<br /> Lender may require�hat Borrower pa�such re�nstatement sums and expenses in one or more af the following
<br /> forrn�, as se�e��ed by I.ender. �a}cash; [b}maney arder; �c}certified ch�ck, bank check, �reasurer's check or
<br /> cashier's check, provided an�such check is drawn upan an ins�i�u�i�n whose depos�fs are insur�d�y a
<br /> fed�rai a�enc�, ins�rumentaii�y�r�ntity; or�d} E�ectronic Funds Transfer, Upon reins�atement by Borrower,
<br /> this Securi�y�nstrumen�and obliga��ans s�cured hereby shall rema�n fu���effecti�e as if no acc��erati�n had
<br /> �c�urred, Howeu�r, this r�gh�to reins�ate shall nat apply�n�he case�f accelerat�on unde�Section 18.
<br /> ��. Sale of N�te� Change af Lvan 5er►►icer; Nnt�ce vf Grie�ance. The N�te ar a par��al interes�in the
<br /> Note�tage�her v�►r�th�his Secu�zty�ns�rument}can be sold ane or mare tirn.es without prior natice�o
<br /> Barr�wer. A sa�e m�ght resul��n a chang�in the en�i�y �kna�n as�he "Loar2 Servicer"}that G�I�ects Per�odic
<br /> Pa�men�s due under�he N�t�and th�s Security�nstrurnent and performs other m�r�gage loan servi�ing
<br /> �bligatians under the Note, this Security Instrumen�, and Appl�cable Law. There a�so might be ane ar mare
<br /> chang�s af the Laan Ser�icer unrelated to a sale af the Note. If�here is a change of the Loan Ser�ic�r,
<br /> Borrower v�r�ll be gi��n wr�tt�n not�ce af�he change wh�Gh will state�he name and address of�he new Loan
<br /> Servi�er, the address to wh�ch pa�ment�shauld be m�de and any other informa��on RESPA requires in
<br /> connection vWzth a noti�e of transfer�f ser�icing. �f the Not��s sold and thereafter the Laan is serv�ced by a
<br /> L�an Servicer ather t�an the purchaser�f�he Note, �he mor�gage Ioan serv�cing ob�igat��ns�a Borro�er wil�
<br /> rema�n vsr��h the Loan�er�icer or be transferred ta a succes�flr Loan Servi�er and are not assumed b��he
<br /> No�e purchaser unle�s otherv�ise pro��ded by the Na�e purc�as�r.
<br /> Neither Borrower nor L�nd�r�nay comrnence,���n, ar�e�nined to any�udicia� a��ion�as ei�he�an
<br /> �nd���duallit�gant or�he m�mber of a��ass}tha�aris�s from�he other par�y's actiflns pursuant t�this
<br /> Security�nstrument ar�hat al�eges that the o�her par�y has br�ached any pro��sion of, or any du�y ovved by
<br /> r�asan of, this Secur�ty Instrument, un��l such Barrower ar Lend�r has na�ified t�e o�her�arty�v��th sllch
<br /> notice gi�en�n�ompliance with�he r�qu�rements of Se�tion �5}of such a��eged�reach and aff�rded the
<br /> ather par�y hereta a reasonable periad after the gi�ing flf such not�ce ta take��rre�ti�e ac�ion. �f Appli�able
<br /> La�proWides a��me per�od wh�ch must e�apse bef�re certain action can be�akeri, that�ime p�riod wiil be
<br /> deemed�o be reasonab�e for purpQses of�his paragraph. The natice af ac�e�eratian and�pportuni�y to cur�
<br /> gi�en to B�rrow�r pursuant�o Section��and the nat�ce�f accel�ra�ion given�o Borrower pur�uan�to
<br /> 5ection �8 sha��be deemed to satisf��he notice and o�por�unity to�ake carrect��e a�tion pr�v�sions�f th�s
<br /> S�c�ion�0.
<br /> ��. Hazardous Suhstances. As used in�his Sectian 2�: ta} "Ha�ard�us,�u�s�ances"are those su�bstances
<br /> de�ned a�tox��or hazar�lous substanc�s, pallutanis, flr was�es by Envirflnmental Law and�he fa��a�ring
<br /> su�stances: gaso�ine, kerosene, ather flan�amab�e ar t�xic petroleum pr�ducts, tox�c pestic�des and herb�cides,
<br /> .
<br /> volat�I�solv�nt�, materials�flntain�ng asb�stos or forrnaldehyde, and rad�oactxv��x�.a�er�als; (b}
<br /> "Enviranr�aental�av�"rneans federal�aws and�aws af�he jur�sdicti�n where�he Proper�y�s��ca��d that
<br /> r.e�ate�o health, safety or environmen�al prntecti�n; �c� "Envir�nm�ntal�leanup"in��udes any response
<br /> act�on, remedia� action, �r removal action, as de�ned in Env�ronmen�al Law; and�d}an "Enviran�r2en�a�
<br /> �anditio�2"m�ans a c�nd�t�o�that can cause, cantr�bu�e to, ❑r o�herwi�e tr��ger an En��ronmental Cleanup.
<br /> Barr�wer shal�not cau�e ar permit the presence, use, disposal, s�orage, or release of an�Hazardous
<br /> Substanc�s, �r�hreat�n�o releas�any Hazardous Su�stances, an or in�he Proper�y. Borrovv�r shall not do,
<br /> nflr a��ow an�rone eis��o da, any�hing affecting�he Property�a}that is in�i�lation af any�n�iranmenta�
<br /> La�v, tb}which cr�ates an�n�r�ronxnenta��ondition, or�c�wh�ch, due t� the presenc�, u�e, or release of a
<br /> Hazardaus Substan�e, cr�ates a�and�t�on tha�adversely affec�s the�ralu�of the Property. The preceding two
<br /> NEBRASKA-Singte�amily-Fannie MaelFreddie Mac UNIFORM iNSTRUM�NT Farm 3�28�lQ1
<br /> VMP� VMP6�NE)['�342y
<br /> Wotters Kluwer Financi�l Ser�ices Page 13 0#1 a
<br />
|