2o�oos4oi
<br />shall remain fully effective as if no acceleration had occurr�d. 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 be sold one or more times without prior notice to
<br />Borrower. A sale might result in a change in the entity (lmown as the "Loan Servicer") that collects
<br />Periodic Payments due under the Note and this Security Instrurnent and performs 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 notice 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 connection with a notice of transfer of servicing. If the Note is sold and thereafter the Laan is
<br />serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations
<br />to Borrower will remain with the Loan Se�rvicer or b� transferred to a successor Loan Servicer and aze not
<br />assumed by the Note purchaser unless otherwise provided by the Note purchaser.
<br />Neither Borrower nor L,�nder may commence, join, or be jained ta any judicial action (as either an
<br />individual litigant or the mernber of a class) that arises from the oth�r party's actions pursuant to this
<br />Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by
<br />reason of, this Security Instruuuent, until such Borrower or I..ender has notified the other party (with such
<br />notice given in compliance with the requirernents 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 corrective action. If
<br />Applicable Law parovides a time period which must elapse 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 deemed co sacisfy the notice and apportunity to take corrective
<br />action provisions of this Section 2�.
<br />2�. Hazardous Snbstances. As used in this Section 21: (a) "Hazardous Substances" are those
<br />substances dsfined as taxic or hazardous substances, pollutants, or wastes by Environmental Law and the
<br />following subscances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides
<br />and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials;
<br />(b) "Environrn.ental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br />relate co health, safety or environmental protectian; (c) "Environmental Cleanup" includes any response
<br />action, remedial action, or removal. acCion, as de�ned in Environmental Law; and (d) an "Environmental
<br />Condition" means a condition that can cause, contribute to, or 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 ta release any Hazardous Substances, on or in the Property. Borrawer shall not do,
<br />I]OI ��OW a17y0I1� �1SC tp (�p anything affecting the Property (a) that is in violation of any Environmental
<br />I.,aw, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release af a
<br />Hazardous Substance, creates a candition that adversely affects the value of the 1'roperty. The preceding
<br />two sentences shall not apply to the presence, use, or storage on the Property of sma11 quantities af
<br />Hazazdous 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 producCs).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, dernand, lawsuit
<br />or other action by any governmental or regulatory agency or private party invalving the Property and any
<br />Hazardous Substance or Environrnental Law of which Borrower has actual lrnawledge, (b) any
<br />Environmental Condition, including but not lirnited 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 - Fannte Mae(Freddie Mac UNIFORM INSTRUMENT \'`
<br />�-61NE) loattl Pag8120f 15 initisis� Form 3028 1/01
<br />B . . � r , �.
<br />
|