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7/13/2023 3:23:46 PM
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7/13/2023 3:23:44 PM
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202303550
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202303550 <br />such action as Lender may reasonably require to assure that Lender's interest in the Property <br />and/or rights under this Security Instrument or the Note, and Borrower's obligation to pay the <br />sums secured by this Security Instrument or the Note, will continue unchanged. <br />Lender may require that Borrower pay such reinstatement sums and expenses in one <br />or more of the following forms, as selected by Lender: (aaa) cash; (bbb) money order; (ccc) <br />certified check, bank check, treasurer's check, or cashier's check, provided any such check <br />is drawn upon an institution whose deposits are insured by a U.S. federal agency, <br />instrumentality, or entity; or (ddd) Electronic Fund Transfer. Upon Borrower's reinstatement <br />of the Loan, this Security Instrument and obligations secured by this Security Instrument will <br />remain fully effective as if no acceleration had occurred. <br />21. Sale of Note. The Note or a partial interest in the Note, together with this Security <br />Instrument, may be sold or otherwise transferred one or more times. Upon such a sale or other <br />transfer, all of Lender's rights and obligations under this Security Instrument will convey to <br />Lender's successors and assigns. <br />22. Loan Servicer. Lender may take any action permitted under this Security <br />Instrument through the Loan Servicer or another authorized representative, such as a sub - <br />servicer. Borrower understands that the Loan Servicer or other authorized representative of <br />Lender has the right and authority to take any such action. <br />The Loan Servicer may change one or more times during the term of the Note. The <br />Loan Servicer may or may not be the holder of the Note. The Loan Servicer has the right and <br />authority to: (a) collect Periodic Payments and any other amounts due under the Note and <br />this Security Instrument; (b) perform any other mortgage loan servicing obligations; and (c) <br />exercise any rights under the Note, this Security Instrument, and Applicable Law on behalf of <br />Lender. If there is a change of the Loan Servicer, Borrower will be given written notice of the <br />change which will state the name and address of the new Loan Servicer, the address to which <br />payments should be made, and any other information RESPA requires in connection with a <br />notice of transfer of servicing. <br />23. Notice of Grievance. Until Borrower or Lender has notified the other party (in <br />accordance with Section 16) of an alleged breach and afforded the other party a reasonable <br />period after the giving of such notice to take corrective action, neither Borrower nor Lender <br />may commence, join, or be joined to any judicial action (either as an individual litigant or <br />a member of a class) that (a) arises from the other party's actions pursuant to this Security <br />Instrument or the Note, or (b) alleges that the other party has breached any provision of this <br />Security Instrument or the Note. If Applicable Law provides a time period that must elapse <br />before certain action can be taken, that time period will be deemed to be reasonable for <br />purposes of this Section 23. The notice of Default given to Borrower pursuant to Section 26(a) <br />and the notice of acceleration given to Borrower pursuant to Section 19 will be deemed to <br />satisfy the notice and opportunity to take corrective action provisions of this Section 23. <br />24. Hazardous Substances. <br />(a) Definitions. As used in this Section 24: (i) "Environmental Law" means any <br />Applicable Laws where the Property is located that relate to health, safety, or environmental <br />protection; (ii) "Hazardous Substances" include (A) those substances defined as toxic or <br />hazardous substances, pollutants, or wastes by Environmental Law, and (B) the following <br />substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides <br />and herbicides, volatile solvents, materials containing asbestos or formaldehyde, corrosive <br />NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />FORM 3028 07/2021 <br />Page 19 of 22 <br />Powered by Docu Prep Inc. 2023 415846 <br />
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