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201007343 <br />shall retrain fully effective as if nv accelerativr had occurred. However, this right to reinstate shall not <br />apply in the case of acceleration under Section 18. <br />x11. Sale of Note; Change of Loan Servtoer; Notloe of Grievance. The Note or a partial interest in <br />the Nate (together with this Security Instrument); can b~ sold one or rare times without prior notice to <br />Borrower. A sale might result in a charge in tht; entity (lmowa as the "L,oan Servicer") that collects <br />Periodic Payments due under the Note and this Security Instnrment and performs other mortgage loan <br />servicing obligations under the Note, this Security Irstrument, and Applicable Law. There also might be <br />one ar more changes of the Loan Servicer unrelated to a sale of the Note. If is a change of the Laan <br />Servicer, Borrower will be given written notice of the chaq~e which will state the name and address of the <br />new Loan Servicer, the address to Which payments should be made and any other information 1tESPA <br />requires in wmrection with a notice of transfer of servicing. If the Note is Bald and thereafter the Loan is <br />serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations <br />to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are rat <br />assumed 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 <br />individual litigant or the member of a class) that arises from "the other party's actions pursuant to this <br />Security Instruncrent or that alleges that the other party has breached airy provision of, or any duty owed by <br />reason of, this Security Instrument, 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 Halite to take corrective action. If <br />Applicable Law provides a tip 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 Zx and the notice of acceleration given to <br />Borrower pursuant to Section 18 s1ra11 be deemed to satisfy the notice and opportunity to take corrective <br />action provisions of this Section 2p. <br />21. Haznrdouis S~rbstances. As used in this Section xl: (a) "Hazardous Substances" are those <br />substances defured as tonic or hazardous substances, pollutants, or wastes by Environmental 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) "Environmental Law" means federal laws and laws of the jurisdiction where the Property ig locates that <br />relate W health, safety or environmental protection; (c) "Environmental Cleanup" includes any response <br />action, remedial action, or removal action, as defitred in Environmental Law; and (d) an "Emironmerrtal <br />Condition" meanie a condition that can cause, contribute to, or otherwise trigger an Environmental <br />Cleanup. <br />Borrower shall not cause or permit the presence, use, disposal, storage, ar release of any Hazardous <br />Substances, or threat~r to release any Hazardous Substances, on or iun the Property, Harrower shall not do, <br />nor allow anyone else to da, anything affecting the Property (a) that is in violation of any Enviromnental <br />Law, (b) which creates an Enviroumental 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 Property. The preceding <br />two sentences shall not apply to the presence, use, ar storage an the Property of small quantities of <br />Hazardous Substances that are getrerally recognized to be appropriate tv 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 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 />Hazardous 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 Hazardous Substance, acrd (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 leans, or is nvlifred <br />NEBRASKA -Single Family -Fannie Maa/Fraddia Mac UNIFORM INSTRUMENT ~` <br />-81NE11oe ~ ~ 1 ~s ~ s or ~ 6 ~niclsh: ~~.] Form 308 1 /01 <br />