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<br />20070843~ <br /> <br />450713325 <br /> <br />less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured <br />by this Security Instrumcnt. If Borrower fails to pay thcsc sums prior to the cxpiration of this period, Lender may invokc any <br />remedies permitted by this Security Instrument without further notice or demand on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets ccrtain conditions, Borrower shall have the <br />right to have cnforcemcnt of this Security Instrument discontinucd at any time prior to the earliest of: (a) five days bcforc sale of <br />thc Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable Law might <br />specify for the termination of Borrower's right to reinstate; or (c) entry of a judgmcnt cnforcing this Security Instrument. Those <br />conditions are that Borrowcr: (a) pays Lender all sums which thcn would be due under this Security Instrument and the Note as if <br />no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in <br />enforcing this Security Instrument, including, but not limitcd to, rcasonablc attorneys' fees, property inspection and valuation fees, <br />and other fees incurrcd for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument; <br />and (d) takes such action as Lender may reasonably require to assure that Lender's interest in thc Property and rights under this <br />Security Instrumcnt, and Borrower's obligation to pay the sums sccurcd by this Security Instrument, shall continue unchanged. <br />Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected by <br />Lender: (a) cash; (b) money order; (c) certificd check, bank check, treasurer's check or cashier's check, provided any such check is <br />drawn upon an institution whose deposits are insured by a federal agency, instrumentality or entity; or (d) Electronic Funds <br />Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby shall remain fully effective as <br />if no acceleration had occurred. However, this right to reinstate shall 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 partial interest in the Note (together <br />with this Security Instrument) can be sold one or more times without prior notice to Borrower. A sale might result in a change in <br />the entity (known as the "Loan Servicer") that collects Periodic Payments due under the Note and this Sccurity Instrument and <br />performs other mortgage loan servicing obligations under the Note, this Security Instrument, and Applicable Law. There also <br />might be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, <br />Borrower will be given written notice of the change which will state the name and addrcss ofthe new Loan Servicer, the address to <br />which payments should be made and any other information RESPA requires in connection with a notice of transfer of servicing. If <br />the Note is sold and thereafter the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan <br />servicing obligations to Borrower will remain with the Loan Serviccr or be transferred to a successor Loan Servicer and are not <br />assumed 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 (as either an individual litigant or <br />the member of a class) that arises from the other party's actions pursuant to this Security Instrument or that alleges that the other <br />party has breached any provision of, or any duty owed by reason of, this Security Instrument, until such Borrower or Lender has <br />notified the other party (with such notice given in compliance with the requirements of Section 15) of such allegcd breach and <br />afforded the other party hereto a reasonable period after the giving of such notice to take corrective action. If Applicable Law <br />provides a time period which must clapse before certain action can be taken, that time period will be deemed to be reasonable for <br />purposes of this paragraph. The notice of acceleration and opportunity to cure given to Borrower pursuant to Section 22 and the <br />notice of acceleration given to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take <br />corrective action provisions of this Section 20. <br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as toxic <br />or hazardous substanccs, pollutants, or wastes by Environmental Law and the following substances: gasoline, kerosene, other <br />flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or <br />formaldehyde, and radioactive materials; (b) "Environmental Law" means federal laws and laws of the jurisdiction wherc the <br />Property is located that rclate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any response <br />action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental Condition" means a <br />condition that can cause, contribute to, or otherwisc trigger an Environmental Cleanup. <br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances, or <br />threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, nor allow anyone else to do, anything <br />affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an Environmental Condition, or (c) <br />which, due to the presence, use, or releasc of a Hazardous Substance, crcates a condition that adversely affects the value of the <br />Property. Thc preceding two sentences shall not apply to the presence, use, or storage on the Property of small quantities of <br />Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the <br />Property (including, but not limited to, hazardous substances in consumer products). <br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other action by any <br />governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of <br /> <br />NEBRASKA-- Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />~;;) 338_25 ['age 9 of II <br /> <br />Form 3028 I/OI <br /> <br />~~L <br />