|
2� 1 ��7935
<br /> �n the Property and rights under this Securit� �ns�rurnen�; and �d}takes such action as Lender may
<br /> reas�nab�y requ�re to assure�ha� Lend�r's interest in t�.e Propert� and r�ghts und�r this Securit� Instrument,
<br /> and Borrov�rer's abligation to pay�he sums secured by�h�s Secur�ty �nstrument, shall con�inue unchanged.
<br /> l.lender may require t�iat�orrovver pay such re�nstatemen�sums and exp�nses in one or m�re a�the�'al�ow�n�
<br /> forms, as selected by Lender: �a� �ash; ��} mone�arder; �c}��r���ed check, �ank check, treasurer's check or
<br /> cashier's chec�, pr��id�d an� such cheGk is dra�n upan an inst�tu�ion v�hose deposits are�nsured by a
<br /> federa� agenc�, �nstrumentalit�or en�i�y; ar�d} Elec�ronic Funds Transfer. Upon reinstatement by Borrower,
<br /> this Securi�y �nstrument and oia�igat�ons secured hereby shal� remain fuliy�ffec�ive as if no aGceleration had
<br /> a�curred. Ho�re��r, this right�o reinstate sha��not app�y in the case of acceiera�i�n under Sect��n 18.
<br /> �D. Sa�e of Nvte; Change Qf Loan Ser�icer; N�tice ❑f Gr�evance. The Note or a par�ia� in�eres� in the
<br /> Note �to�eth�r with�his Secur��y �nstrument}can be sold on�or mor��imes wi�hou�prior notice�o
<br /> Borro�ve�r. A sa�e mzgh�resu�t in a change�n th��ntit� �known as th� "Loan Serv�cer"} �ha�collects Perzod�c
<br /> Paymen�s due under the Note and�his Securi�� Instrument and performs other mor��a�e l�an ser�i�ing
<br /> obli�a�ions under the Not�, this Securi�y Ins�rumen�, and Appi icable Law. There als� m�ght be ane or more
<br /> �han�es of the L�an Ser�icer unre�ated to a sa�e of the Note. If�here�s a chan�e of�he Loan Ser��Ger,
<br /> Borrower w�ll �e giv�n wri��en not�ce of the chang�wh�ch wil� staCe the name and address of�he nevv L.,�an
<br /> 5er�icer, �he address to v�rhich payments should be mad�and an��th�r informa�ion R�SPA requires in
<br /> connec��on with a notice of transfer of servicing. �f�he N�te is so�d and�hereaf�er the Loan is ser�iced by a
<br /> Loan Servxcer ather than the purchaser of�he No��, the mor�gage Ioan ser�icing obliga�ions to Barrower v�ri�l
<br /> remain wi�h �he Loan Serv�cer or be�ransferred to a suecessor Loan Serv�cer and are n��assum�d���he
<br /> N�te purchaser unless otherv�r�s�pro�v�ded b��he No�e purchaser.
<br /> N�ither Borrow�r nor Lender ma� commence,jc�in, or be jained to any�udicia� action�as either an
<br /> �ndi�idua� litigant o�r�he rnember of a�lass}tha�ar�ses from the other par��'s actions pursuant to �h�s
<br /> S�curity Instrumen�or�ha�a��eges �hat the other party has breached an�provision of, ar any du�y owed b�
<br /> reason of, this Secur��y �ns�rumen�, unt�l such Borr�wer or L�nder has noti�ed the ather party �v��ith such
<br /> notice�iven�n comp��an��wi�h the requ�rem�n�s of Sect��n I S}af such alleged breach and afforded�he
<br /> fl�her par�y here�o a r�asonable period af�er th�giving of su�h na�xc�to take c�rrecti�ve action. �f Applicable
<br /> Law pravides a�ime period wh�ch must e�apse befar�certa�n ac�ion can b��aken, �hat t�me period will �e
<br /> deem�d ta be r�asonab�e for purposes of th�s paragraph. The no�i�e of acc��era�ion and appor�unity to cure
<br /> ��ven tn Borr���r pursuant to Sec�ion�2 and�he notice of accelera�i�n�i�en to B�rrav�er pursuant��
<br /> Section 1� shall be de�med to sa�isfy the not�ce and oppor�unity�o �ake correcti�e act�on pro�isions of�his
<br /> Section 2�.
<br /> �'i. Ha�ardous Suhstances. As used in th�s Sect�on��: (a} "I�a�ardous Sr��sta��ce�s"ar�those sub��ances
<br /> defined as to�ic or hazardous substances, pollu�an�s, or was�es�y Environmen�al Law and the fal�flwing
<br /> substar�ces: gasolin�, k�rosene, �ther flammable or t�x�c pe�ra�eum products, toxzc pesticides and herbicides,
<br /> valati�e sa��ents, mat�r�als conta�nzng asbes�os or f�rmaldeh}�de, and radioac�ive materials; �b}
<br /> rr�nv��.��T��2en�al Luw"means federal �aws and laws of�he jurisdiction where�he Propert� is �oca�e�tha�
<br /> relate t�hea��h, safet�ar en��ronmen�a�pratection; �c} ",�nviro��rnental �lea�ir��"�nc�udes any response
<br /> action, remedial ac�ion, or r�m�val a�tion, as def�ned in Environm�ntal Law; and�d} an "�'nvirnr��r��r�tal
<br /> Cotxdition"means a condit�on tha�can cause, c�n�ribu�e��, �r other�ris�trigger an Environmental Cl�anup.
<br /> Borr�wer shal�not cause ar permit the presence, use, d�sposa�, storag�, or release of any �a�ardous
<br /> Substances, ar threaten to release an�Hazardous Substanc�s, on or in the Prflperty. Borrovver sha�I no�do,
<br /> nor a��o�r anyone else t�da, an�th�ng affec�ing�he Praperty �a� t�at is �n v�ola�ion of an�En��ronmen�ai
<br /> La�, �b� wh�ch cr�ates an E�vironmenta� Condition, or�c� v�h�ch, due to the pres�nce, use, or re�ease of a
<br /> Hazard�us Substance, creates a co�d��ion that ad�rers��y affec�s the va�ue of the Pr�per�y. The preced�ng�vva
<br /> N�BRASKA-Single Family-�annie MaelFreddie Mac UNIFDRM INSTRUMENT Fc�rm 34�8 11��
<br /> VMP�} VMPfi�NEf t13023
<br /> Watiers Klt�w�r�inancia�5er�i�es Page 13 af�7
<br />
|