|
2� 1 ��7943
<br /> in the Prop�r��and rights under th�s Security Instru.men�; and (d� �ak�s su�h ac��on as Lender may
<br /> reasonab�y r�qu�r��o assure�hat Lender's in�erest�n�he Praper�� and rights under this Security Inst�-u�nen�,
<br />. and Borrower's obiigation to pay the sums se�ured by �his Security �ns�runl�n�, shall cantinue unchange�.
<br /> Lend�r ma� require�hat Borrower pay such r�ins�atem�n�sums and e�penses in one or m�re of the fol�owing
<br /> f�rms, as selected by Lender: �a} cash; �b} na.one� order; �c}cert�fied check, bank�heck, treasurer's check or
<br /> cashier's che�k, provided any su�h check is drawn upon an�nst�tution whose d�paszts are insured�y a
<br /> federa� agency, in�trumen�a�i�y or en�ity; or�d} Ele�tron�c Funds Transf�r. Up�n re�nsta�ement by Borrower,
<br /> this Secur�ty�ns�rumen�and abligations secur�d her�by sha�� rema�n fully effective as�f no acc�l�ra���n had
<br /> occurred. Hnwever, this r�gh��a reinsta�e sha�� not app�y in the case of acce�erati�n under Sect�on �S.
<br /> �D. Sale af N�te; Ghange of Laar� Servicer; Nvtice af Grie�ance. The N��e or a partial �nteres�in the
<br /> Note�toge�her w�th this Secu�i�y Ins�rurnent� can�e sold one or more times v�r�thaut priar na�ice t�
<br /> Borrower. A sa�e migh�resu�t in a change�n�he en�ity�knawn as�he "Loan Servicer"} �hat coliects Periadic
<br /> 1'aymen�s due under the Note and th�s Secur���r �nstrumen�and perf�rms other mortgage�oan serv�c�ng
<br /> ab�igat�ons under the Note, this Security Ins�rument, and Applicable La�xr. There also migh�be ane or rnare
<br /> changes of the Loan Servic�r unre�a�ed tQ a sale�f the N�te. �f�here is a�hange of the Loan Ser�ic�r,
<br /> Borrower will be gi�en wri�ten no��c�of�he change wh�ch wi�� s�a�e�he name and address of�he n�vv Loan
<br /> Servicer, �he addres� ta wh�ch payments sh�u�d b�made and any a�her infornaatxon RESPA requires in
<br /> connection v�ith a notice of transfer af ser��c�ng, �f the Na�e�s sold and th�reafter�he I.aan�s ser��ced by a
<br /> Loan Servacer other�han the purchaser af�he Note, �h�mor�gage��an ser�icing oblx�ations to Barrawer wi��
<br /> rema�n with the Laan Servicer or be transferred�� a successor Loan Ser�ricer and are not assumed by the
<br /> Note purchaser un�ess o�herwise pro�xded by the Note purchaser.
<br /> Neither Borrower nor I,ender may commenc�,�a�n, or be�o�ned fo any�udicial act�on (as e��her an
<br /> ind�vidual Ii�igan�or the m�mber of a cias�} t�at arises from the other par�y's actions pursuant to this
<br /> Securi�y �ns�rumen�or that alleg�s �hat the oth�r party has hr�a�hed an�pro�is�an of, or any dut�awed by
<br /> reason�f, this Securi�y �nstrum�nt, un��� such B�rrower or Lend�r has notif��d �he�ther party (w��h such
<br /> riat�ce g�v�n in�ompliance with�h�r�qu�remen�s of S�ct�on �5} of such alleg�d breach and affarded�he
<br /> oth�r party hereta a reasonable per�vd af�er�he g�v�ng of such no�ice�o�a.ke c�rr�cfi�e acti�n. If App�icab�e
<br /> Lavv provides a t�me per�fld v5rhxch mu�t elapse befor�cer�a�n a���on can be taken, that time period will be
<br /> deemed to�e reasonable for�urpases�f�his paragraph. T�e n�t��e�f acce�era�.xon and op�or�unit�r to�ure
<br /> given to Borrower pursuant�o S�ctian 22 and the n�t�ce of acc�Iera��an given�o Bflrrower pursuant t�
<br /> Sec�i�n 1� sha�1 be de�med to sa�i�f�the no�i�e and opportunity t��ake c�rr�ctive ac�ion prov�s�ons of fihis
<br /> Sect�on 2�.
<br /> ��. Hazardous Substances. A5 L15�� In.��IS S�C�1�I1�I: �a} "I�a.z�xrdaus Substartces"are�hose subs�an�es
<br /> de�ned as �oxic or hazardous substanc�s, p��lu�ants, or was�es by Enviranmen�al Law and the foll�vving
<br /> subs�ances: gasoline, kerosene, other fiammable or��xic p��roleum produc�s, taxic pesticides and herb�cid�s,
<br /> �o�a��1�s�lv�nts, materials c�ntaining asbestos ar farmaldehyd�, and rad�oactiv�materxals; �b}
<br /> ".Lnviront��entar Lr�w"means federal lavvs and laws of the jur�s�ic�i�n where�he Property is loca�ed�ha�
<br /> rela�e to health, safet�or en��r�nmental pro�ection; �c} ".�nv�rartmental Clear�up" includes any response
<br /> act��n, remedia� action, or remo�al ac��on, as de�ned �n En�ironmenta� Law; and (d} an "�r�viror�mental
<br /> �aj�itio�z"means a candition tha�can caus�, con�r�bute to, or a�herw�se�rigger an Enviranmenta� C�eanup.
<br /> BQrrower shall not cause or permit th�presence, use, disposal, sforage, or release of any Hazardaus
<br /> Subs�ances, �r threaten to r��ease any Hazardaus Subs�ances, on ar xn the Proper�y. Borr�wer shall no�do,
<br /> nor aliaw anyone else to do, anything affecting the Property �a} �ha� xs in�iolat�on of any En�ironmental
<br /> Law, �b} which creates an�n�ironmental Candition, ar�c� v�►rhich, due�o �he presence, use, nr release af a
<br /> Hazardous Su�stance, creates a c�nd�txon that ad�erseiy affec�.s the�alu�of the Propert�. The preced�ng twa
<br /> N�8RA5KA-5ingle Family-Fannie Mael�reddie Mac IJNIFQRM iNSTRUMENT Form 3428�1�1
<br /> VMP[+� VMP6�NEy��3Q2f
<br /> Wolters Kluwer�inancial Ser�ices Page 13❑f 17
<br />
|