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10/30/2024 3:33:32 PM
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10/30/2024 3:33:29 PM
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202405397
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202405397 <br />and valuation fees; and (iii) other fees incurred to protect Lender's interest in the Property and/or <br />rights under this Security Instrument or the Note; and (dd) take such action as Lender may <br />reasonably require to assure that Lender's interest in the Property and/or rights under this Security <br />Instrument or the Note, and Borrower's obligation to pay the sums secured by this Security <br />Instrument or the Note, will continue unchanged. <br />Lender may require that Borrower pay such reinstatement sums and expenses in one or more of <br />the following forms, as selected by Lender: (aaa) cash; (bbb) money order; (ccc) certified check, <br />bank check, treasurer's check, or cashier's check, provided any such check is drawn upon an <br />institution whose deposits are insured by a U.S. federal agency, instrumentality, or entity; or (ddd) <br />Electronic Fund Transfer. Upon Borrower's reinstatement of the Loan, this Security Instrument <br />and obligations secured by this Security Instrument will remain fully effective as if no acceleration <br />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 Instrument <br />through the Loan Servicer or another authorized representative, such as a sub-servicer. Borrower <br />understands that the Loan Servicer or other authorized representative of Lender has the right and <br />authority to take any such action. <br />The Loan Servicer may change one or more times during the term of the Note. The Loan <br />Servicer may or may not be the holder of the Note. The Loan Servicer has the right and authority <br />to: (a) collect Periodic Payments and any other amounts due under the Note and this Security <br />Instrument; (b) perform any other mortgage loan servicing obligations; and (c) exercise any rights <br />under the Note, this Security Instrument, and Applicable Law on behalf of Lender. If there is a <br />change of the Loan Servicer, Borrower will be given written notice of the change which will state <br />the name and address of the new Loan Servicer, the address to which payments should be made, <br />and any other information RESPA requires in connection with a notice of transfer of servicing. <br />23. Notice of Grievance. Until Borrower or Lender has notified the other party (in accordance <br />with Section 16) of an alleged breach and afforded the other party a reasonable period after the <br />giving of such notice to take corrective action, neither Borrower nor Lender may commence, join, <br />or be joined to any judicial action (either as an individual litigant or a member of a class) that (a) <br />arises from the other party's actions pursuant to this Security Instrument or the Note, or (b) alleges <br />that the other party has breached any provision of this Security Instrument or the Note. If <br />Applicable Law provides a time period that must elapse before certain action can be taken, that time <br />period will be deemed to be reasonable for purposes of this Section 23. The notice of Default given <br />to Borrower pursuant to Section 26(a) and the notice of acceleration given to Borrower pursuant to <br />Section 19 will be deemed to satisfy the notice and opportunity to take corrective action provisions <br />of this Section 23. <br />24. Hazardous Substances. <br />(a) Definitions. As used in this Section 24: (i) "Environmental Law" means any Applicable <br />Laws where the Property is located that relate to health, safety, or environmental protection; (ii) <br />"Hazardous Substances" include (A) those substances defined as toxic or hazardous substances, <br />pollutants, or wastes by Environmental Law, and (B) the following substances: gasoline, kerosene, <br />other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, <br />materials containing asbestos or formaldehyde, corrosive materials or agents, and radioactive <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM <br />INSTRUMENT <br />FORM 3028 7/21 Initials: <br />Laser Forms Inc. #FNMA3028MERS 7/21 Page 17 of 21 <br />1111 Elilf4 <br />1111 <br />ni <br />
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