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�o�oosio5 <br />shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not <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 Instrument) can bc sold one or rnore times without prior notice to <br />BpTIpW�T. 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 Instrument and performs ather mortgage loan <br />servicing obligations under the Note, this Security Instrument, and Applicable Law. There also nnight be <br />one 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 noticc of the change which will state the name and address of the <br />new Laan Servicer, the address to which payments should be made and any other informatian RESPA <br />requires in connection with a notice af transfer of servicing. If the Note is sald 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 Sortower will remain with the Loan Servicer ar be transferted to a successar Loan Servicer and are nat <br />assumed by the Nate prxrchaser unless otherwise provided by the Note putchaser. <br />Ncither Borrower nor Lender may commence, join, ar be joined to any judicial action (as either an <br />individual litigant or the member of a class) that arises frorn tha other party's actions pursuant to this <br />Security Instnunent or that alleges that the other party has breached any provision of, or any duty owed by <br />reason of, this Security Tnshlunent, 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 to take correctivc action. If <br />Applicable Law provides a time period which must elapsc 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 22 and the notice of acceleration given to <br />Borrower pursuant to Section 18 shall be deetned to satiafy the notice and oppot�tunity to take corrective <br />action provisions of this Sectian 20. <br />21. Haxardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those <br />substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the <br />following substances: gasoline, kerasene, other flatntnable or toxic petroleum products, toxic pesticides <br />and herbicidcs, volatile solvents, tnaterials conCaining asbestos or formaldehyde, and radioactive materials; <br />(b) "Enviranmental Law" means federal laws and laws af the jurisdiction where the Property is located that <br />relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any respanse <br />action, remedial action, or rernoval action, as defined in Environrnental Law; and (d) an "Environmental <br />Condition" means a condition that can cause, contribute to, or otherwise trigger an Enviranmental <br />Cleanup. <br />Bozrowcr shall not cause ar permit the presence, use, disposal, starage, or release of any Hazardous <br />Substances, or threaten to release any Hazardous 5ubsCances, on or in the Property. Borrower shall not 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 affacts the value of the Property. The preceding <br />two s�ntences shall not apply to the presence, use, or storage on the Property of small quantities of <br />Hazardaus Substances that are generally recognized to be apprapriate to normal residential uses and to <br />maintenance of the Praperty (including, but not limited to, hazardous substances in consumer products). <br />Borrawer 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 Substanee or Environmental Law of which Borrower has actual lmowledge, (b) any <br />Environrnental Condition, including but not limited to, any spilling, leal�ing, discharge, release or threat of <br />relcase o£ any Hazardous Substance, and (c) any condition caused by the presence, use or release of a <br />Ha7ardous Substance which adversely affects the value of the Property. If Borrower learns, or is notified <br />NEBRASKA- Single Family - Fannie Maa/Freddie Mac UNIFQRM INSTRUMENT <br />�-6(NE)�oa�i� Page12of15 init�ais: � �nrm3Q28 1/01 <br />