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
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