|
2010U�478
<br />sla.all remain fully effective as if no acceleration had occurred. However, this right to r�instate shall not
<br />apply in Che case of acceleration under Section 1$.
<br />20. Sale of Nate; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in
<br />the Note (together with this Security Instrument) can be sold one or more tirnes without prior notice to
<br />Borrower. A sale might result in a change in the entiry (known as the "Loan Servicer") that collects
<br />Periodic Payrnents due under the Note and this Security Instnunent and performs other mortgage loan
<br />servicing obligations under the Note, this Security Instnirnent, and Applicable Law. There also might be
<br />one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the T,oan
<br />Servicer, Borrower will be given written notice of the change which will state the name and address of the
<br />new l,.oan Servicer, the address to which paynnents should be made and any other information RESPA
<br />requires in connection with a anotice of transfer of servicing. If the Note is sold and thereafter the Loan is
<br />serviced by a Loan Servicer other than the purchaser of the Note, tk�e rnortgage loan servicing obligations
<br />ta Borcower will remaun with the I.,oan Servicer ar be transferred ta a successor Loan Servicer and are not
<br />assumed by the Note purchaser untess otherwise provided by the Nate purchaser.
<br />Neither Bonower nor Lender may commence, jain, or be joined to any judicial action (as either an
<br />individual litigant or the rnernber of a class) that arises from the other party's actions pursuant to this
<br />Security Instrurnent or that alleges that the other party has breached any provision of, or any duty owed by
<br />reason of, this Security Instrurnent, 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 natice to take corrective action. If
<br />Applicable Law provides a tinne period which must elapse befare certain actian can be taken, that time
<br />period will be deenned to be reasonable for purposes of this paragraph. The notice of accel�ration and
<br />opportunity to cure given to Borrower pursuant to Section 22 and the notice af 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. Ha�ardous Sabstances. As use.d in this Section 21: (a) "Hazardous Substances" are those
<br />substances defined as toxi.c 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 foc�maldehyde, and radioactive materials;
<br />(b) "Environmental 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 "Environmental
<br />Condition" means a condition that can cause, contribute to, or otherwise tri$ger an Environmental
<br />Cleanup.
<br />Bonower shatl not cause or pernut the presence, use, disposal, storage, or release af any Hazardous
<br />Substances, or threaten to release any Hazardous Substances, on or in the Property. $onower shall not do,
<br />nor allow anyone else to do, anything affecting the Praperty (a) that is in viplation af any Environmental
<br />Law, (b) vvhich creates an Environrnental Condition, ar (c) which, due to the presence, use, or release of a
<br />Hazardous Substance, creates a cpndition that adversely affects the value of the Praperty. The preceding
<br />two sentences shall not apply to the presence, use, or storage on the Property of srnall quantities af
<br />Hazardous Substances that are g�nerally recognized to be appropriate to norrnal residential uses and to
<br />maintenance of the Property (including, but not limited to, hazardous substances in consurner products).
<br />Borrower shall promptly give I,ender written natice 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 lrnnwledge, (b) any
<br />Environrnental Condition, including but not limited to, any spilling, leaking, dischazge, release or threat of
<br />release of any Hazardous Substance, and (c) any candition caused by the presence, use or release of a
<br />Hazardous Substance which adversely affects the value af the Property. If Borrawer learns, or is notified
<br />NEB�tASKA - Single Family -�annie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />� -81�E) los>>1 Page 72 of 15 Initials: ��., ��-� Form 3028 1/01
<br />� �pF--r�
<br />• � i � $ ` . . f,.
<br />
|