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24�008340
<br />shall rernain fully effective as if no acceleration had occurred. However, this right to reinstate sha11 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 Chis Security Instrument) can be sold one or more times withaut priar notice to
<br />Borrower. A sale might result in a change in the entity (lrnown as the "I.,oan Servicer") that collects
<br />Periodic Payments due under the Note and this Security Instnunent and performs other rnortgage loan
<br />servicing obligations under the Note, this Security Instrument, and Applicable Law. There also rnight be
<br />one or more changes of the I.nan 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 ta which payrnents should be made and any ather information RESPA
<br />requires in cannection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is
<br />serviced by a Loan Servicer othcr than the purchaser of the Note, the mortgage loan servicing obligations
<br />to Borrower will remain with the Loan Servicer or be transferred to a successor Laan Servicer and are not
<br />assumed by the Nate purchaser unless otherwise provided by the Note purchaser.
<br />Neither Borrower nor L.ender rnay camrnence, join, or be joined to any judicial action (as either an
<br />individual litigant or the member of a class) that arises frorn the other party's actions pursuant to this
<br />Security Instrument or that alleges thac t�ae other party has breached any provision of, or any duty owed by
<br />reason of, this Security Instrument, until such Borrawer or Lender has noti�ed the other party (with such
<br />notice given in compliance with the xequirements 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 corxectivs action. If
<br />Applicable Law provides a time period which must elapse before certain action can be taken, that time
<br />period will be deemed to be reasonable fpr purposes of this paragraph. The notice of acceleratian and
<br />opportunity to cure given to Bonrower pursnant to Section 22 and the notice of acceleratian given to
<br />Borrawer pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective
<br />action pravisions af this Section 20.
<br />2l. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those
<br />substances de�ned as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the
<br />following substances: gasoline, kerasene, other flarnrnable or toxic petroleum products, toxic pesticides
<br />and herbicides, volatile solvents, matcrials containing asbestos or formaldehyde, and radioactive rnaterials;
<br />(b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br />relate to health, safety or environmental protection; (c) "Envixo�unencal Cleanup" includes any response
<br />acCion, remedial action, or removal action, as defined in Environmental Law; and (d) an"Environmental
<br />Condition" means a condition that can cause, contribute to, or otherwise trigger an Environrnental
<br />Cleanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous
<br />Substances, ar threaten to release any Hazardous Substances, 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 Enviranmental Condition, or (c) which, due ta the presence, use, or release of a
<br />Hazardous Substance, creates a condition that adversely affects the value af the Property. The preceding
<br />cwo sentences shall not apply to the presence, use, or storaga on the Property of srnall quantities of
<br />Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to
<br />mainCenance of the Property (including, but not lirnited to, hazardous substances in cansumer products).
<br />Borrower shall promptly give J ender written notice of (a) any investigation, claim, demand, lawsuit
<br />or other action by any governmencal or regulatory agency or private party involving the Property and any
<br />Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any
<br />Environrnental Condition, including but not limited to, any spilling, leaking, discharge, release or threat of
<br />release af 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 Famiiy - Fannle Mae/Freddie Mac UNIFORM INSTRUMENT ,`�
<br />�-B�NE) 1oe111 PagB 12 of 1 S initieis: � Form 3028 1/01
<br />� a '. I `. ' 3,,i � . � i �.
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