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<br />Ne302:8.MI,~ml <br /> <br />200903864 <br /> <br />must pay all sums secured by this Security Iustrument. If Borrower fails to pay these sums prior to the expiration of <br />this period, Lender may Invoke any remedies permitted by this Security Instrument without further notice or demand <br />on Borrower. <br />19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall <br />have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) <br />five days before sale of the Property pursuant to any power of sale contained In this Security Instrument; (h) such <br />other period as Applicable Law might specify for the termination of Borrower's right to reinstate: or (c) entry of a <br />judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which <br />then would be due under this Security Instrument and the Note as If no acceleration had occurred: (h) cures any default <br />of any other covenants or agreements: (c) pays all expenses incurred In enforcing this Security Instrument, Inciudlng, <br />but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees Incurred for the <br />purpose of protecting Lender's Interest In the Property and rights under this Security Instrument: and (d) takes such <br />action as Lender may reasonably require to assure that Lender's Interest In the Property and rights under this Security <br />Instrument, and Borrower's obligation to pay the sums secured 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. <br />as selected by Lender: (a) cash: (h) money order: (c) certified check. bank check, treasurer's check or cashier's check, <br />provided any such check Is drawn upon an institution whose deposits are Insured by a federal agency, Instrumentality <br />or entity: or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations <br />secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall <br />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 <br />(together with this Security Instrument) can be sold one or more times without prior notice to Borrower. A sale might <br />result In a change in the entity (known as the" Loan Servlcer") that collects Periodic Payments due under the Note <br />and this Security Instrument and performs other mortgage loan servicing obligations under the Note, this Security <br />Instrument, and Applicable Law. There also might be one or more changes of the Loan Servlcer unrelated to a sale <br />of the Note. If there Is a change of the Loan Servlcer, Borrower wll1 be given written notice of the change which will <br />state the name and address of the new Loan Servlcer, the address to which payments should be made and any other <br />information RESPA requires In connection with a notice of transfer of servicing. If the Note Is sold and thereafter <br />the Loan is serviced by a Loan Servlcer other than the purchaser of the Note, the mortgage loan servicing obligations <br />to Borrower will remain with the Loan Servlcer or be transferred to a successor Loan Servlcer andare not assumed <br />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 <br />litigant or the member of a class) that arises from the other party's actions pursuant to this Security Instrument or that <br />alleges that the other party has breached any provision of, or any duty owed by reason of, this Security Instrument, <br />until such Borrower or Lender has notified the other party (with such notlce given In compliance with the requirements <br />of Section 15) of such alleged breach and afforded the other party hereto a reasonable period after the giving of such <br />notice to take corrective action. If Applicable Law provides a time period which must elapse before certain action <br />can be taken, that time period will be deemed to be reasonable for purposes of this paragraph. The notice of <br />acceleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given <br />to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective action <br />provisions of this Section 20. <br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances <br />defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: <br />gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, <br />materials containing asbestos or formaldehyde, and radioactive materials: (h) "Environmental Law" means federal <br />laws and laws of the jurisdiction where the Property Is located that relate to health, safety or environmental protection; <br />(c) "Environmental Cleanup" Includes any response action, remedial action. or removal action, as defined in <br />Environmental Law; and (d) an "Environmental Condition" means a condition that can cause, contribute to, or <br />otherwise trigger an Environmental Cleanup. <br />Borrower shall not cause or permit the presence, use, disposal, storage, orrelease of any Hazardous Substances, <br />or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, nor allow anyone else <br />to do, anything affecting the Property (a) that is in violation of any Environmental Law. (h) which creates an <br />Environmental Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance, creates a <br />condition that adversely affects the value of the Property. The preceding two sentences shall not apply to the <br />presence, use. or storage on the Property of small quantities of Hazardous Substances that are generally recognized <br />to be appropriate to normal residential uses and to maintenance of the Property (including, but not limited to, <br />hazardous substances in consumer products). <br />Borrower shall promptly give Lender written notice of (a) any Investigation, claim, demand, lawsuit or other <br />action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance <br />or Environmental Law of which Borrower has actual knowledge, (h) any Environmental Condition, including but not <br />limited to, any spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any <br />condition caused by the presence, use or release of a Hazardous Substance which adversely affects the value of the <br />Property. If Borrowerlearns, or is notified by any governmental or regulatory authority, or any private party, that <br />any removal or other remediation of any Hazardous Substance affecting the Property Is necessary, Borrower shall <br />promptly take all necessary remedial actions In accordance with Environmental Law. Nothing herein shall create any <br />obligation on Lender for an Environmental Cleanup. <br /> <br />NEBRASKA--Slngle FamllYnFannle Mae/Freddie Mac UNIFORM INSTRUMENT <br />Form 302B 1/01 Page B of 11 <br /> <br />Docllfagir:: f!!!iii~ S(J()-649-1362 <br />www.doc.....fllc.com <br /> <br />tJS <br /> <br />~s <br />'(V\..:. <br />