Laserfiche WebLink
2010078G� <br />shall rernain fully effective as if no acceleration had occurred. However, this right to reinstate shall not <br />apply in the case of acceleration under Sectivn 1$. <br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. 'T'he Note or a partial interest in <br />the Note (together with this Security Instnunent) can be sold one or rnore times without prior notice to <br />Borrower. A sale might result in a change in the entity (lrnown as the "Loan Servicer") that collecCs <br />Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan <br />servicing obligations under the Note, this Security Tnstrument, and Applicable Law. There alsa might be <br />one or more changes of the Loan Servicer unrelated tp a sale of the Note. If there is a change of the I,oan <br />Servicer, Borrower will be given written notice af 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 informaCion RESPA <br />requires in connection with a notice of transfer of servicing. Tf the Note is sold and thereaftex the L,oan is <br />serviced by a L,�an 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 ta a successor Loan Servicer and are not <br />assumed by the Note purchasex unless otherwise provided by thc 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) chat arises from the other party's actions pursuant to this <br />Security Instrurnent or that alleges that the other party has breached any provision af, 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 notice ta take corrective action. If <br />Applicable Law provides a tirne period which rnust elapse before certain action can be taken, that time <br />periad 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 af acceleration given to <br />Borrower pursuant to Section 18 shall be deerned to satisfy the notice and opportunity ta tak� corrective <br />action provisions of this Section 20. <br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" arc those <br />substances defined as taxic or hazardaus substances, pollutants, or wastes by Environmental Law and the <br />following substances: gasoline, kerasene, other flammable or toxic petroleum paroducts, toxic pesticides <br />and herbicides, volatile salvents, materials containing asbestos or formaldehyde, and radioactive materials; <br />(b) "Environ,mental Law" means federal laws and laws of the jurisdiction where the Prop�rty is lacated that <br />relate to health, safety or envirozunental pratectian; (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, ar otherwise trigger an Environmental <br />Cleanup. <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. Borrawer shall not do, <br />nor allow anyone else to da, anything affecting the Property (a) that is in violation of any Enviranmental <br />Law, (b) which creates an �nvironmental 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 an th� Property of small quantities of <br />Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to <br />maintenance of the Property (including, but not limited to, hazardous substances in consumer products). <br />Borrawcr 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 Praperty and any <br />Haza�rdous Substance or Environmental Law of which Borrower has actual knowledge, (b) any <br />Environmental Condition, including but nat limited ta, any spilling, leaking, discharge, release or threat af <br />arelease of any Hazardous Substance, 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 MaelFreddie Mac UNIFORM INSTRUMENT <br />�-6(NE) loet 11 Paqe i a or i s initiais: , � Fprm 3028 1/09 <br />�!�� � �.�. '` � A <br />