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20240Q686
<br />LOAN #: 10555442
<br />19. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest
<br />in the Note (together with this Security Instrument) can be sold one or more times without prior notice
<br />to Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that collects
<br />Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan
<br />servicing obligations under the Note, this Security Instrument, and Applicable Law. There also might be
<br />one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the
<br />Loan Servicer, Borrower will be given written notice of the change which will state the name and address
<br />of the new Loan Servicer, the address to which payments should be made and any other information
<br />RESPA requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the
<br />Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing
<br />obligations to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer
<br />and are not assumed by the Note purchaser unless otherwise provided by the Note purchaser.
<br />20. Borrower Not Third -Party Beneficiary to Contract of Insurance. Mortgage Insurance reim-
<br />burses Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower does not
<br />repay the Loan as agreed. Borrower acknowledges and agrees that the Borrower is not a third party ben-
<br />eficiary to the contract of insurance between the Secretary and Lender, nor is Borrower entitled to enforce
<br />any agreement between Lender and the Secretary, unless explicitly authorized to do so by Applicable Law.
<br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those
<br />substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and
<br />the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesti-
<br />cides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive
<br />materials; (b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property
<br />is located that relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes
<br />any response action, remedial action, or removal action, as defined in Environmental Law; and (d) an
<br />"Environmental Condition" means a condition that can cause, contribute to, or otherwise trigger an
<br />Environmental Cleanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazard-
<br />ous Substances, or threaten to release any Hazardous Substances, on or in the Property. Borrower
<br />shall not do, nor allow anyone else to do, anything affecting the Property (a) that is in violation of any
<br />Environmental Law, (b) which creates an Environmental Condition, or (c) which, due to the presence,
<br />use, or release of a Hazardous Substance, creates a condition that adversely affects the value of the
<br />Property. The preceding two sentences shall not apply to the presence, use, or storage on the Property
<br />of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal
<br />residential uses and to maintenance of the Property (including, but not limited to, hazardous substances
<br />in consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit
<br />or other action by any governmental or regulatory agency or private party involving the Property and
<br />any Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any
<br />Environmental Condition, including but not limited to, any spilling, leaking, discharge, release or threat
<br />of release of any Hazardous Substance, and (c) any condition caused by the presence, use or release
<br />of a Hazardous Substance which adversely affects the value of the Property. If Borrower learns, or is
<br />notified by any governmental or regulatory authority, or any private party, that any removal or other
<br />remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly
<br />take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create
<br />any obligation on Lender for an Environmental Cleanup.
<br />22. Grounds for Acceleration of Debt.
<br />(a) Default. Lender may, except as limited by regulations issued by the Secretary, in the case of
<br />payment defaults, require immediate payment in full of all sums secured by this Security Instrument if:
<br />(i) Borrower defaults by failing to pay in full any monthly payment required by this Security
<br />Instrument prior to or on the due date of the next monthly payment, or
<br />(ii) Borrower defaults by failing, for a period of thirty days, to perform any other obligations
<br />contained in this Security Instrument.
<br />(b) Sale Without Credit Approval. Lender shall, if permitted by applicable law (including Section
<br />341(d) of the Garn-St. Germain Depository Institutions Act of 1982, 12 U.S.C. 1701 j -3(d)) and with
<br />the prior approval of the Secretary, require immediate payment in full of all sums secured by this
<br />Security Instrument if:
<br />(i) All or part of the Property, or a beneficial interest in a trust owning all or part of the Property,
<br />is sold or otherwise transferred (other than by devise or descent), and
<br />(ii) The Property is not occupied by the purchaser or grantee as his or her principal residence,
<br />or the purchaser or grantee does so occupy the Property but his or her credit has not been
<br />approved in accordance with the requirements of the Secretary.
<br />(c) No Waiver. If circumstances occur that would permit Lender to require immediate payment in
<br />full, but Lender does not require such payments, Lender does not waive its rights with respect to
<br />subsequent events.
<br />(d) Regulations of HUD Secretary. In many circumstances regulations issued by the Secretary
<br />will limit Lender's rights, in the case of payment defaults, to require immediate payment in full and
<br />NEBRASKA — Single Family — Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />Modified for FHA 9/2014 (HUD Handbook 4000.1)
<br />ICE Mortgage Technology, Inc. Page 9 of 11
<br />1111 IIRMINVIDIR
<br />Form 3028 1/01
<br />fekiltAriil ;Htt 11111
<br />NEEFHA15DE 0721
<br />NEEDEED (CLS)
<br />02/15/2024 01:48 PM PST
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