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.• <br />20i008052 <br />v2 wscp Lo�►x # 5o�a��3z� <br />information RESPA requires in connection with a notice oftransfer of servicing. If #he Note is sold and thereafterthe Laan <br />is serviced by a Loan 5ervicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower <br />will remain with the Loan Servicer ar be transferred to a successor Loan Servicer and are nat assumed by the Note <br />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 individua) litigant <br />or the member of a classj that arises from the other party's actions pursuant to this Security Instrument or that alleges <br />that the ather party has breached any provision af, ar any duty awed by reason of, this Security Instrument, until such <br />Borrower ar l.ender has natified the other party (with such notice given in compliance with the requirements of Section <br />15) af such alleged breach and afforded the other party hereto a reasonable period after the giving of such notice to <br />take corrective action. If Applicable Law provides a time perind which must elapse before certain action can be taken, <br />that time period will be deemed to be reasonable far purposes of this paragraph. The notice of acceleration and <br />apportunity ta cure given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant <br />to Section 18 shall be deemed to satisfy #he notice and opportunity to take corrective action provisions of this Section <br />20. <br />21. Hazardous Substances. As used in this Section 21: (a) "Wazardous Substances" are those substances defined <br />as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline, <br />kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials <br />containirtg asbestos orformaldehyde, and radioactive materials; (b) "Environmental Law" means federal laws and laws <br />of the jurisdictian where the Property is located that relate t� health, safety or environmental protection; (c) <br />"Environmental Cleanup" includes any response action, remedial action, or remQVal action, as defined in Environmental <br />Law; and (d) an "Environmental Condition" means a condition that can cause, contribute to, or otherwise trigger an <br />Environmental Cleanup. <br />Borrawer shall not cause or permit the presence, use, disposal, storage, or release af any Hazardous Substances, <br />or threaten to release any Hazardous Substances, on or in the Praperty. Borrower shall not do, nor allow anyone else <br />ta dv, anything affecting the Property (a) that is in violation of any Environmental Law, (b) which creat�s an Environmental <br />Condition, or (c) which, due to the presence, use, or release of a Hazardaus Substance, creates a condition that <br />adversely affects the value of the Praperty. The preceding twa sentences shall not apply to the presence, use, or storage <br />on the Praperty of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal <br />residential uses and to maintenance of the Praperty (including, but not limited to, hazardaus substances in consumer <br />products). <br />Borrower shall promptly give L.ender written notice of (a) any investigation, claim, demand, lawsuit or other action <br />by any governmental or regulatary agency or private party involving the Property and any Hazardous Substance or <br />Environmental Law ofwhich Barrower has actual knowledge, (b) any Environmental Condition, including but nat limited <br />to, any spilling, leaking, discharge, release or threat af release of any Hazardous Substance, and (c) any condition <br />caused by the presence, use or release of a Hazardous Substance which adversely affects the value of the Properry. <br />If Borrower learns, or is notified by any governmental or regulatory autharity, ar any private parry, that any removal or <br />other remediation of any Hazardous Substance affecting the Properry is necessary, Borrower shall promptly take all <br />necessary remedial actions in accordancewith Environmental Law. Nathing herein shall create any abligation on Lender <br />for an �nvironmental Cleanup. <br />NON-UNIF�RM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleratlon; Remedies. Lender shall glve natice to Borrower prlor to acceleratlan following Borrower's <br />breach of any covenant or agreQment in thls 5ecurlty Instrument (but nat prior to acceleratlon under Sectlan 18 <br />unless Appllcable Law provides dtharwlse). The notice shall specify: (a) tha default; (b) the actlon required to <br />cure the default; (c) a date, not less than 30 daysfrom the date the notice Is glven to Borrower, hywhlch the default <br />must be cured; and (d) that fallurs to cure the default on or before the date specified in the notice may result In <br />acceleration of the sums secured by this Security Instrument and sale of tho Property. Tha natice shall further <br />Inform Barraw�r of the right #o relnstate after acceleration and tho right to bring a caurt actlan to assert the non- <br />existence of a default or any other dafonse of Borrowar to acceleratlan and sale. If tha dQfault is not cured an <br />or before the date speclfiad in the notice, Lender at Its optlon may require Immediate payment In full of all sums <br />secured by thls Security Instrument without further demand and may tnvoke the pawer of sale and any ather <br />remedles permitted by Applicable Law. Lender shall be entitled ta collect all expenses Incurred in pursuing the <br />remedies provlded In this Section 22, Including, but not Ilmltad to, reasonable attorneys' fees and costs af tltle <br />evidence. <br />If the pawer of sale is Inv�ked, TrustQe shall record a natico of default In each county in whlch any part of <br />the Property is located and shall mail coples af such notice in the manner prescribed by Applioable Law to <br />Borrower and ta the other persons prescrlbod by Applicable Law. AftQr the time requlred by Applicable Law, <br />Trustee shall glve public notice of sale to the persons and in the manner prescribed by Appllcable Law. Trustee, <br />wlthout damand on Borrower, shall sell the Property at publlc auction to the hlghest bldder at the time and place <br />and under the terms deslgnated In the notice of sala In ono or more parcals and In any order Trustee detarmines. <br />Trustee may pastpone sale of all or any parcel of the Property by publlc announcement at the tlme and placa of <br />any previously schedulpd sale. Lend�r ar Its deslgnaa may purchase the Property at any sale. <br />Upan receipt of payment of the prlca bid, 7rustee shall dellver to th� purchaser Trustoe's deed conveying the <br />Property. The recitals In the Trustee's deed shall be prlma facie evldenca af the truth of the statemen#s made <br />thereln. Trustee shall apply the proceeds of the sale In the following order: (a) to all costs and expenses of <br />exerclsing the power �f salQ, and the sale, including the payment of the Trustse's fees actually Incurrad and <br />roasonable attorneys' feos as permitted by Appllcable L,aw; (b) to all sums secured by this Securtty InstrumQnt; <br />and (c) any excess to the parson or persons legally entltled to it. <br />23. Reconvayance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee <br />to re-canvey the Properry and shall surrender this Security Instrument and all notes evidencing debt secured by this <br />Security Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally <br />entitled to it. Such person or persons shall pay any recardation costs. Lender may charge such person or persons a <br />fee for reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) far services rendered <br />and the charging of the fee is permitted under Applicable Law. � <br />NEBRASKA--Single Family--Fannlo Mao/Froddlo Mac UNIFQRM INSTRUMENT Form 30281/01 Initials s /�f� <br />� 1999-2007 Onllne Documents, Inc. Pac�a 8 Of 9 NEEDEE 07 <br />10-27-201Q 11:50 <br />