|
Instrument, and Borrower' s obligation to pay the sums secured by this Security Instrument, shal
<br />Lender may require that Borrower pay such reinstatement sums and expenses in one or more o
<br />as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer' s ch
<br />provided any such check is drawn upon an institution whose deposits are insured by a federal a
<br />or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instr
<br />secured hereby shall remain fully effective as if no acceleration had occurred. However, this
<br />not apply in the case of acceleration under Section 18.
<br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a parti
<br />(together with this Security Instrument) can be sold one or more times without prior notice to B
<br />result in a change in the entity (known as the "Loan Servicer ") that collects Periodic Paymen
<br />and this Security Instrument and performs other mortgage loan servicing obligations under t
<br />Instrument, and Applicable Law. There also might be one or more changes of the Loan Servi
<br />of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of
<br />state the name and address of the new Loan Servicer, the address to which payments should b
<br />information RESPA requires in connection with a notice of transfer of servicing. If the Note
<br />the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan
<br />to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Service
<br />by the Note purchaser unless otherwise provided by the Note purchaser.
<br />Neither Borrower nor Lender may commence, join, or be joined to any judicial action (a
<br />litigant or the member of a class) that arises from the other party' s actions pursuant to this Secur'
<br />alleges that the other party has breached any provision of, or any duty owed by reason of, this
<br />until such Borrower or Lender has notified the other party (with such notice given in compliance
<br />of Section 15) of such alleged breach and afforded the other party hereto a reasonable period a
<br />notice to take corrective action. If Applicable Law provides a time period which must elapse
<br />can be taken, that time period will be deemed to be reasonable for purposes of this para
<br />acceleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice
<br />to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to
<br />provisions of this Section 20.
<br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances"
<br />defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the
<br />gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbici
<br />materials containing asbestos or formaldehyde, and radioactive materials; (b) "Environmental
<br />laws and laws of the jurisdiction where the Property is located that relate to health, safety or envi
<br />(c) "Environmental Cleanup" includes any response action, remedial action, or removal
<br />Environmental Law; and (d) an "Environmental Condition" means a condition that can ca
<br />otherwise trigger an Environmental Cleanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any H
<br />or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do,
<br />to do, anything affecting the Property (a) that is in violation of any Environmental Law,
<br />Environmental Condition, or (c) which, due to the presence, use, or release of a Hazardous
<br />condition that adversely affects the value of the Property. The preceding two sentences s
<br />presence, use, or storage on the Property of small quantities of Hazardous Substances that are
<br />to be appropriate to normal residential uses and to maintenance of the Property (including,
<br />hazardous substances in consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, dem
<br />action by any governmental or regulatory agency or private party involving the Property and any
<br />or Environmental Law of which Borrower has actual knowledge, (b) any Environmental Conditi
<br />limited to, any spilling, leaking, discharge, release or threat of release of any Hazardous Su
<br />condition caused by the presence, use or release of a Hazardous Substance which adversely of
<br />Property. If Borrower learns, or is notified by any governmental or regulatory authority, or
<br />NEBRASKA — Single Family -- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT
<br />Form 3028 1/01 Page 11 of 14
<br />20170344
<br />continue unchanged.
<br />the following forms,
<br />ck or cashier' s check,
<br />ency, instrumentality
<br />ment and obligations
<br />ight to reinstate shall
<br />1 interest in the Note
<br />rrower. A sale might
<br />due under the Note
<br />e Note, this Security
<br />er unrelated to a sale
<br />he change which will
<br />made and any other
<br />s sold and thereafter
<br />servicing obligations
<br />and are not assumed
<br />either an individual
<br />ty Instrument or that
<br />Security Instrument,
<br />ith the requirements
<br />er the giving of such
<br />before certain action
<br />aph. The notice of
<br />f acceleration given
<br />e corrective action
<br />are those substances
<br />llowing substances:
<br />s, volatile solvents,
<br />Law" means federal
<br />onmental protection;
<br />ction, as defined in
<br />e, contribute to, or
<br />ardous Substances,
<br />or allow anyone else
<br />) which creates an
<br />Substance, creates a
<br />all not apply to the
<br />enerally recognized
<br />but not limited to,
<br />nd, lawsuit or other
<br />azardous Substance
<br />n, including but not
<br />stance, and (c) any
<br />cts the value of the
<br />y private party, that
<br />DocMaglc
<br />www.docmagic.com
<br />
|