20i.0�'7�75
<br />shall remain fully effective as if no acceleration had occuned. However, this right to reinstate shall nat
<br />apply in the case of acceleration under Section 18.
<br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in
<br />the Note (together with this Security Instnunent) 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 Ianstnunent and performs other mortgage loan
<br />servicing obligatians under the Note, this Security Instnunent, and Applicable Law. There also might be
<br />ane or more changes of the Loan Servicer 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 name 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 Servicer other than the purchaser of the Note, the rnortgage loan servicing obligations
<br />to Borrower will remain with the Loan Servicer or be transferred 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 xnay corz�nnence, 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 Instrument or that alleges that the other party has breached any provision of, ar any duty awed by
<br />reason af, this Security Instrument, until such Bonower or Lender has notifi� the ather party (with such
<br />notice given in cornpliance with the requirernents of Section 15) of such alleged breach and afforded the
<br />other party hereto a reasonable period after the giving of such notice to tak� corrective action. If
<br />Applicable Law provides a time period which must elapse before certain action can be taken, that tirne
<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 thase
<br />substances defined as taxic or hazardous substances, pollutants, or wastes by Environmental Law and the
<br />follovving substances: gasoline, kerosene, other flammable or toxic petroleum products, taxic pesticides
<br />and herbicides, volatile solvents, materials cantaining asbestos or formaldehyde, and radioactive xnaterials;
<br />(b) "Environmental L,aw" means federal laws and laws of the jurisdiction where the Property is located that
<br />relate to health, safety or environmental protection; (c) "Envimnmenta,l Cleanup" includes any response
<br />action, reme�ial action, or re�moval action, as defined in �nvironmental Law; and (d) an "Environmental
<br />Condition" means a condition that can cause, contribute to, or otherwise trigger an �nvironxanental
<br />Cleanup.
<br />Borrower shall not cause or permit the presence, use, dispasal, starage, or release of any Hazardous
<br />Substances, ar threaten ta release any Hazardous Substances, on or in the Property. Borrower shall nat do,
<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 />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, or storage on the Property of small quantities af
<br />Hazardous Substances ihat are generally recognized to be appropriate to nomial residentiai uses and to
<br />maintenance of the Property (including, but not limited to, hazardous substances in consumer products).
<br />Borrower shall prornptly give Lender written notice of (a) any investigation, claim, demand, lawsuit
<br />or other action by any governrnental or regulatory agency ar private party involving the Froperty and any
<br />Hazardaus Substance nr 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, and (c) any condition caused by the presence, use or release of a
<br />Hazardnus Substance which adversely affects the value af the Property. If Borrower lea�rns, or is notified
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />�-6(NE) (oat i 1 Page 12 of 15 i �ciais: � Form 302$ 1l01
<br />�
<br />Y
<br />,±_ ; �1'r.. .' , .
<br />
|