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200910258 <br />shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not <br />apply in the case of acceleration under Section 1$. <br />20. Sale of Notc; Change of Loan Servicer; Notice of Grievance. The Note nr a partial interest in <br />the Note (together with this Security Instrument) can be sold one or more times without prior notice to <br />Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that collects <br />Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan <br />servicing obligations under the Notc, this Security Instrument, and Applicable Law. There also might be <br />one or more changes of the Loan Serviccr unrelated to a sale of the Note. If there is a change of the Loan <br />Servicer, Borrower will be given written notice of the change which will state the Warne and address of the <br />new Loan Servicer, the address to which payments should be made and any other information RESPA <br />requires in connection with a notice of transfer of servicing. if the Note is sold and thereafter the Loan is <br />serviced by a Loan Serviccr other than the purchaser of the Nnte, the mortgage loan servicing obligations <br />to I3orrnwer will remain with. the Loan Servicer or be transferred to a successor Loan Servicer and arc 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 tither an <br />individual litigant or the member of a class) that arises from the other party's actions pursuant to this <br />Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by <br />reason of, this Security Insirusnent, until such Borrower or Lender has notified the other party (with such <br />notice given in compliance with the requirements of Section 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 elapse before certain action. can be taken, that time <br />period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and <br />opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given to <br />Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective <br />action provisions of this Section 20_ <br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those <br />substances defined as toxic or hazardous substances, pollu ants, or wastes by Envirorunental Law and the <br />following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides <br />and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; <br />(b) "Envimnmental Law" means federal laws and laws of the jurisdiction where the Property is located that <br />relate 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 "F,nviromnental <br />Condition" means a condition that can cause, contribute io, or otherwise trigger an Environmental <br />(a eanup. <br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous <br />Substances, or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not dn, <br />nor allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental <br />Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release of a <br />IIazardous Substance, creates a condition that adversely affects the value of the Property. 7'he preceding <br />two sentences shall not apply to the presence, use, or storage nn the Property of small quantities of <br />IIazardous Substances that arc generally recognized to be appropriate to normal residential uses and to <br />maintenance of the Property (including, but not limited lo, hazardous substances in consumer products). <br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit <br />or other action by any governmental or regulatory agency or private party involving the Property and any <br />IIazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any <br />Environmental Condition, including but not limited to, any spilling, leaking, discharge, release or threat of <br />release of any IIazardous Suhstance, and (c) any condition caused by the presence, use or release of a <br />Hazardous Substance which adversely affects the value of the Property_ If Borrower learns, or is notified <br />NEBRASKA- Single Family -Fannie Mae/Freddle Mac UNIFORM INSTRUMENT <br />-6(NE)(oe~~) Page 12 of 15 initials: ,-,~y/. FOrm3028 7/01 <br />'~lif <br />