2oosossoi
<br />shall remain fully effective as if no acceleration had occurrcci. T-lnwever, ibis right to reinstate shall not
<br />apply in the case of acceleration under Section 18.
<br />20. Sale of Note; Change of Loan Servicer; Notice. ni• Grievance- The Note o.r a partial interest in
<br />the Note (together with this Security Instrument) can be gold one or rau,re times without prior notice to
<br />Borrower. A sale might result in a change in the entity (lu,own as the; "Loan Servicer") that collects
<br />Periodic Payments due under the Note and this Security inslnnueni anti performs other mortgage loan
<br />servicing obligations under the Note, this Security Insfiin,cnt, and Applicable Law. There also might be
<br />one or ,noxe changes of the Loan Servicer unrelated to a s:rlc of the Note.. If there is a change of the Laan
<br />Servicer, Borrower will be given written notice of the chance which will state the name and addxess of the
<br />new Loan Servicer, the address to which payments should he anode anti any other information 1ZESPA
<br />requites in connection with a notice of transfex of servicin~~. Iii the; Note is sold and. tlYereaftex the Laan is
<br />serviced by a Loan Servicer other than the purchaser of the Note, the nxartgage loan servicing obligations
<br />to Borrower will remain with the Loan Servicer or be translc•.rred 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 he joined to any judicial action (as either an
<br />individual litigant or the member of a class) that arises t•rona the other party's actions pursuant to this
<br />Security Instrument ar that alleges that the other party has breached aa,y provisio,l of, or any duty owed by
<br />reason of, this Security Instrument, until such Borrower or Lender has n.otilied the other party (with such
<br />notice given in compliance with the requirements of Seclicrn .15) of such. alleged breach and afforded the
<br />other party hereto a reasonable period after the giving of such notice. to take corrective action. If
<br />Applicable Law provides a time period which must elaptir bel<,re ccr(ain action can be taken, that tune
<br />period will be deemed to be reasonable for purposes of !his paragr:,ph_ The notice of acceleration and
<br />opporttimity to c,u•e given to Borrower pursuant to Secti~,n 22 anti the notice of accelexation given to
<br />Borrower pursuant to Section 18 shall be deemed to satiety the notice and opportunity to take corrective
<br />action provisions of this Section 20.
<br />21. IIaxardous Substances. As used in this Sect inn. 21: (a) "I-lazarcious Substances" are those
<br />substances defined as toxic or hazardous substances, pollartants, or wastes by Environmental Law and the
<br />following substances: gasoline, kerosene, other f]axnmabic or toxic petroleutn products, toxic pesticides
<br />and hexbicides, volatile solvents, materials containing asbestos or formalclchyde, and radioactive materials;
<br />(b) "Environtt-tental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br />relate to health, safety or environmental protection.; (c) "p:nvironrncntal ('Ieanup" includes any response
<br />action, remedial action, or removal action, as defined in I:nvironn.iental. Law; and (d) an "Envirommental
<br />Condition" means a condition that can cause, contribute tn, or otherwise trigger an Environmental
<br />Cleanup.
<br />Borrower shall not cause or permit the presence, usc•. c.lisposal, titor:rgc, or release of any Hazardous
<br />Substances, or threaten to release any Hazardous Substanc~•~;, on or in the 1'rnpcrty. Borrower shall not do,
<br />nor allow anyone else to do, anything affecting the Pxoparty (a) lt,at is in violation of any Environmental
<br />Law, (b) which creates an Environmental Condition, or (c) which, dnc ro the presence, use, or release of a
<br />Hazardous Substance, creates a condition that adversely ~it~(~ccts the value of the Property. The preceding
<br />two sentences shall not apply to the presence, use, ox tiinrage on the Property of small quantities of
<br />Hazardous Substances that axe generally recognized to be appropriate to normal xesidential uses and to
<br />maintenance of the Property (including, but not limited to, hazarda„s suhs(auces in consuxnex products).
<br />Borrower shall promptly give Lender written notice of (a) any invcatigation, claim, demand, laws,.xit
<br />or other action by any governmental or regulatory agency nr private party involving the Property and any
<br />Hazardous Substance or Envixonmental Law of which .t3orrowcr has actual knowledge, (b) any
<br />Environmental Condition, including but not limited to, any ;pilling, Ic:alcing, ciischaree, release or threat of
<br />release of auy Hazardous Substance, and (c) any condition causeel by Ihr: presua,ce, use or release of a
<br />Hazardous Substance which adversely affects the value of the: Property- If Borrower learns, ox is notified
<br />NEBRASKA- Single Family -Fannie Mae/Freddie Mac UNIFORM t'PdSTRUNIFNT
<br />-6(NE) ioaiit Page 12 of 15 innia~s ~ Form 3028 1/07
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