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2oioos723 <br />shall remain fully cffective as if no acceleration had occurred. However, this right to reinstate shall not <br />apply in the case of acceletation undet Sectiot� I$. <br />20. Sale of Nate; Change of Laan Servicer; Notice of Grievance. The Note or a partial intetest in <br />the Note (together with this Security Instnunent) can bc sold one or mare times without prior notice to <br />Bortowet. A sale might result in a change in the entity (known as the "Loan Servicer") that callects <br />Periodic Payments due under the Note and thls Security Instnunent and performs other znortgage loan <br />servicing obligatians under the Note, this Security Instrument, and Applicable Law. '1'here also rnight be <br />one or more changes of the Loan Servicer unrelated to a sale of the Nota If there is a change of the Loan <br />Servicer, 13orrower wi11 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 RF'SPA <br />requires in eonnection with a notice oF transfer of servicing. If the Note is 5old and thereafter the Loan is <br />serviced by a Loan Servicer other than the purchaser of the Note, the rnortgage loan servicing obligations <br />to Borrower will remain with the Loan Scrvicer or be transferred to a successor Loan Servicer and are not <br />assumed by the Note purchaser unless otherwise provided by the Note purchaser. <br />Neither Borrawer nor Lender may commence, join, or be joined to any judicaal action (ag either an <br />individual litigant or the rnember of a class) that arises froxn the othet patty's actions pursuant to this <br />Security Instrum�nt or that alleges that the other party has breached any provision of, or any duty owed by <br />reason of, this Security Instnunent, until such I3orrower or Lender has notified the other party (with such <br />notice given in cotnpliance with the requirements of Section 15) of auch alleged breach and afforded the <br />other party hereto a reasonable period after the giving of such natice to take corrective action. If <br />Applicable Law provides a time period which must elapse before certain action can be taken, that time <br />period will he deemed to he reasoz�able for purposea of this paragraph. The notice of acceleration and <br />opportunity to cuxe given to Borrower piirsuant to Section 22 and the notice of acceleration given to <br />Botrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to talce cortectiVa <br />action provisions of this Section 20. <br />21. Hazardous Substances. As used in this Section 2l: (a) "Hazardous Substances" are thoGe <br />substances de�ned as toxic or hazardous substanceG, pollutanta, or wastes by Environmental Law and the <br />following substances: gasoline, ketosene, other flannmable or toxic petroleurn products, toxic pesticides <br />and hetbicides, volatile solvents, materials containing asbestos or fornaaldehyde, and radioactive materials; <br />(b) "Environmental Law" Yneans fedetal laws and laws of the jurisdiction where the Property is located that <br />telate to healtb, safety or environmental protection; (c) "EnVironmental Cleanup" includes any response <br />action, reinedial action, or rernoval action, as defined in Environmental L,aw; and (d) an "Environrnental <br />Condition" means a condition that can cause, contribute to, or otherwise triggar an Environmental <br />Cleanup. <br />Bortower shall not cause or pennit the presence, use, disposal, storage, or releasc o� any Hazardous <br />Substances, or threaten to release any Hazardous Substances, on or in the Ptoperty. I3orrower shall not do, <br />nor allow anyone else to do, anything affecting tha Property (a) that 1s in violation of any Environrnental <br />Law, (b) which creates an Environmental Condition, or (c) which, due to the prescnce, use, or release of a <br />Hazardous Suhstance, creates a condition that adversely affects the value of the Property. The preceding <br />two sentences shall not apply to the presence, use, or storage an the Property of sinall quantities of <br />Hazardous Snbstances that are generally reco�mized to be appropriate to normal residential uses and to <br />maintenance of the Property (including, but not limited to, hazardous substances in cansurner products). <br />I3orrower shall promptly give Lender written notice of (a) any investigation, claim, deinand, lawsuit <br />or other action by any governmental or re�ulatory agency or private party invalving the Property and any <br />Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any <br />Environmental Condition, including but not limited to, any spilling, leaking, discharge, release or thteat of <br />release af any Hazatdous Substance, and (c) any condition caused by the ptesence, uGe or release of a <br />Hazardous Substance which adversely affects the value oF the Property. If Borrower learns, ar is notif'ied <br />NEBRASKA- Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6�N�� (0611) Page 12 of 15 i��c�si Form 3028 1/01 <br />