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201U08335 <br />shall remain fully effective as if no acceleraCion 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 wich this Security Instrument) 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 />Peariodic Payments due under t.�.e Note and this Security Instrument and perfnrms other mortgage loan <br />servicing obligations under the Note, this Security Instrument, 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 Loan <br />Servicer, Borrower will be given written natice 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 connectian with a naticc af transfer of servicing. If the Note is sold and thereafter the Loan is <br />serviced by a Laan 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 />assurned by the Note purchaser unless otherwise provided by the Note purchaser. <br />Neither Borrower nor Lender may cornmence, 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 af, or any duty owed by <br />reason of, this Security Instrument, until such Borrower or Lender has nocified the other party (with such <br />notice given in compliance with the requirements of Section 15) of such alleged breach and affarded the <br />other party hereto a reasonable period after the giving of such notice to take corrective action. If <br />Applicable Law provides a time period which must 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 />oppartunity to cure given to Barrower pursuant to Sectian 22 and the natice of acceleration given to <br />Borrower pursuant to SecCion 1$ shall be deemed to satisfy the notice and opportunity to take carrective <br />action provisions of this Section 20. <br />21. Hazardous 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 />follawing substances: gasaline, kerosene, other flammable ar toxic petroleum products, toxic pesticides <br />and herbicides, VD1St110 Sb1V0Ilt5, materials containing asbestos or formaldehyde, and radioactive materials; <br />(b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that <br />relate ta health, safety or environmental protection; (c) "Environrnental Cleanup" includes any response <br />actian, rernedial actian, or removal action, as defined in Environrnental Law; and (d) an "Environmental <br />Conditian" rneans a condition that can cause, contribute to, or otherwise trigger an Environmental <br />Cleanup. <br />Bonrower sha11 not cause or permit the prescnc�, use, disposal, starage, or release of any Hazardous <br />Substances, or threaten to release any Hazardous Substanc�s, 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 Bnvironmental <br />Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, ar release of a <br />Hazardaus Substance, creates a condition that adversely affects the value of the Propercy. The preceding <br />two sentences shall not apply to the presence, use, or storage on the Property of sma11 quantiti�s of <br />Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to <br />rnaintenance of the Property (including, but not limited to, hazardous substances in consumer products). <br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit <br />or other action by any governmental or regulatory agency ar private party involving the Property and any <br />Hazardous Substance or Environmental Law of which Borrower has actual lrnowledge, (b) any <br />Environrnental 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 />Hazardous Substance which adversely affects the value of the Property. If Borrower learns, or is notified <br />NEBRASKA - Single Family -�annia Mae/FrBddig Mac UNIFORM INSTRUMENT <br />�-6(NE) �osi i� Page 12 of 16 Initlals: FOrrr1 3Q28 7/09 <br />� <br />. . <br />;;� t M,. t 1� r'�► .S . <br />�� � <br />