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<br />200804697 <br /> <br />as selected by Lender: (a) cash; (b) money order; (c) celtified check, blli!k check, treasurer's check or cashier's <br />check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, <br />instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security <br />Instrument and obligations secured hereby shall remain fully effective as if no acceleration had occun-ed. <br />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 <br />Note (together with this Security Instrument) can be sold one or more times without prior notice to Bon-ower. <br />A sale might result in a change in the entity (known as the "Lolli! Servicer") that collects Periodic Payments <br />due under the Note and this Security Instrument and pert'orms other mortgage loan servicing obligations under <br />the Note, this Security Instrument, and Applicable Law. There also might be one or more chlli!ges of the <br />Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Bon-ower will be <br />given written notice of the change which will state the name and address of the new Loan Servicer, the address <br />to which payments should be made and any other information RESP A requires in connection with a notice of <br />transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan Servicer other than the <br />purchaser of the Note, the mortgage loan servicing obligations to Bon-ower will remain with the Loan Servicer <br />or be transfen-ed to a successor Loan Servicer and are not assumed by the Note purchaser unless otherwisc <br />provided by the Note purchaser. <br />Neither Bon-ower nor Lender may commence, join, or be joined to any judicial action (as either an <br />individual litigant or the member of a class) that arises from the other pmty's actions pursuant to this Security <br />Instrument or that alleges that the other patty has breached any provision of, or any duty owed by reason of, <br />this Security Instrument, until such Bon-ower or Lender has notified the other patty (with such notice given in <br />compliance with the requirements of Section 15) of such alleged breach and afforded the other party hereto a <br />reasonable period after the giving of such notice to take con-ective action. If Applicable Law provides a time <br />period which must elapse before certain action can be taken, that time period will be deemed to be reasonable <br />for purposes of this paragraph. The notice of acceleration and opportunity to cure given to Bon-ower pursuant <br />to Section 22 and the notice of acceleration given to Bon-ower pursuant to Section 18 shall be deemed to <br />satisfy the notice and opportunity to take con-ective action provisions of this Section 20. <br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" arc those substances <br />defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following <br />substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, <br />volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b) "Environmental <br />Law" means federal laws lli!d laws of the jurisdiction where the Property is located that relate to health, saf'ety <br />or environmental protection; (c) "Environmental Cleanup" includes any response action, remedial action, or <br />removal action, as defined in Environmental Law; and (d) an "Environmental Condition" means a condition <br />that can cause, contribute to, or otherwise trigger an Environmental Cleanup. <br />Bon-ower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous <br />Substlli!ces, or threaten to release any Hazardous Substances, on or in the Property. Bon-ower shall not do, <br />nor allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental Law, <br />(b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release of a <br />Hazardous Substance, creates a condition that adversely affects the value of the Propelty. The preceding two <br />sentences shall not apply to the presence, use, or storage on the Propelty of small quantities of Hazardous <br />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 />Bon-ower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or <br />other action by any governmental or regulatory agency or private party involving the Property and any <br />Hazardous Substance or Environmental Law of which Bon-ower has actual knowledge, (b) any Environmental <br />Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of any <br />Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substance <br />which adversely affects the value of the Property. If Bon-ower lemns, or is notified by any governmental or <br />regulatory authority, or any private patty, that any removal or other remediation of any Hazardous Substance <br />affecting the Propetty is necessary, Bon-ower shall promptly take all necessary remedial actions in accordance <br />with Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental <br />Cleanup. <br /> <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUME/lt1NT ~ <br />Form 3028 1101 <br />Laser Forms Inc. (800) 446-3555 < <br />LFI #FN MA3028 4102 Page 11 of 13 Initials: <br />