2oiooo7sl
<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 18.
<br />Z0. Sa[e of Nate; Change of Loan Servicer; Notice of Grievance, The Nate or a partial interest in
<br />the Nnte (togethex 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 Ioan
<br />servicing obligations under the Note, this Security Instrument, and Applicable Law. There also might be
<br />one ar more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Laan
<br />Servicer, Borrower will be given written notice of the Change which will state the name and address of the
<br />new Lnan Servicer, the address to which payments should be trade atld any other informaiivn RESI'A
<br />requires in connection with a notice of transfex of servicing. if the Nnte is Bald and thereafter the Loan is
<br />serviced by a Loan Servicer other thou the purchaser of the Note, the mortgage loan servicing obligations
<br />to Borrower will remain with the Loan Servicer ar be transferred to a successor Loan Servicer and are not
<br />assumed by the Nate purchaser runless otherwise provided by the Note purchasex.
<br />Neither Borrower nor Lender tray commence, join, ar be joined to any judicial action (as either 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 af, or any duty owed by
<br />reason of, this Sectrity Instrument, until such Borrower or Lender has ratified the other party (with such
<br />notice given in compliance with the requirements of 5ectian l5) 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 taker, that time
<br />period will be deemed to be reasonable far purposes of this paragraph. The native of acceleration and
<br />opportunity to cure given to Borrower pursuant to Section 22 and the ttotice of acceleration given to
<br />Borrower puxsuant to Section I8 shall be deemed to satisfy the notice attd opportunity to take corrective
<br />action provisions of this Section 20.
<br />Zl. Hazardous Substances. As used in this Section 2l: (a} "Hazardous Substances" are those
<br />substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the
<br />following substances: gasoline, kerosene, other flammable or taxis petroleum products, toxic pesticides
<br />and hexbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials;
<br />(b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br />relate m health, safety ar environrnental protection; (c) "Envirotuxaental Cleanup" includes any response
<br />action, remedial action, ar removal action, as defined in Environmental Law; and (d) an "Environmental
<br />Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental
<br />Cleanup.
<br />Borrower shall not cause ar permit the presence, use, disposal, storage, ar release of any Hazardous
<br />Substances, ox threaten to release any Hazardous Substances, or or in the Property. Borrower shall not da,
<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 Envirarunental Coudition, 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 Property. The preceding
<br />two sentences snail not apply to the presence, use, or storage an the Property of small quantities of
<br />Hazardous Substances that axe generally recognized to be appropriate to normal residential uses and to
<br />maintenance of the Property (including, but not limited ta, hazardous substances in consumer products).
<br />Borrower shall promptly give Lendex written notice of (a} any investigation, claim, demand, lawsuit
<br />or other action by any govetnrnental ar regulatory agency or private party involving the Property and any
<br />Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b} any
<br />Envirotunental C.onditian., including but not limited tn, any spilling, leaking, discharge, release or threat of
<br />release of any Hazardous Substance, and (c) any condition caused by the presence, use nr release of a
<br />Hazardous Substance which adversely affects the value of the Prapexty. If Borrower learns, or is notified
<br />NEBRASKA -Single Femily -Fannie Ma®lFreddie Ma¢ UNIFORM INSTRUMENT
<br />~•6tNE) 108111 Page 1Zot 15 ~nh~~~s: Forrtt 3a2$ 1/01
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