Laserfiche WebLink
201008851 <br />sha11 remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not <br />apply in the case of acceleradon ut�der Section 18. <br />20. Sale of Note; Cltange af Loan Servicer; Notice of Garievance, The Note or a partial interest in <br />the Note (together wit)a� this Se�urity Instrument) can be sold one or more tirnes without prior notice to <br />Borrower. A sale might result in a change in the entity (lmown as the "Loan Servicer") that callects <br />Periodic Payrnents due under the Note and this Security Instrument and performs other mortgage loan <br />servicing obligations under the Note, this S�urity Instrunnent, and Applicable Law. Theare also might be <br />one or more changes of th� Loan Servicer unrelated to a sale af the Note. If there is a change of We Laan <br />Servicer, Borraw�r �wiill be given written notice of the change vcrhich will state the name and address of the <br />new Loan Servicer, the address to which payments should be made and any other iaforraation RESPA <br />requires in connection with a notice of traiasfer of servicing. If the Note is sold and thereafter the Loan is <br />serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations <br />ta Borrower will remain with the Loan Servicer ar be transferred to a succeasor Laan Servicer and aze not <br />assumecl by the Note purchaser unless ot�erw+ise provided by the Note purchaser. <br />Neither Borrower nor I.ender �nay commence, join, or be jained to any judicial action (as either at► <br />individual liti$ant or the member of a class) that arises from the other party's actions pursnant to this <br />Security Instnunent or that alleges that the other party has breached any provision of, or any duty owed by <br />reasan af, this Security Tnstrument, until such Borrower or I.ender has notified the other party (with such <br />notice given in compliance with the arequirements of 3ection 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 provides a time period which must elapse before certain actian can be taken, that time <br />pe�od will be deem� to be reasonable for purposes of this paragraph. T'he notice of acceleration and <br />apportunity to cure given to Borrower pursuant to Sectian 22 and the notice of acceleration given to <br />Borrower pursuant to SECtion 18 shall be deemed to satisfy the notice and opportunity to take corrective <br />action provisions of this Section 20. <br />21. Haaardous Substa�p►ces. As used in this �tion 21: (a) "Hazardous 5ubstances" are thase <br />substances defined as taxic or haxardous substances, pollutants, ar wastes by Environmental Law and the <br />following substances: gasoline, kerasene, other flammable or toxic petroleum products, toxic pesticides <br />and herbicides, volatile solvenCs, materials contair►ing asbestos or formald�hyde, and radioactive materials; <br />(b) "Environmental Law" meaans feti�ral laws and laws of the jurisdiction where the Property is located that <br />rt:late to health, safety or environn�ental p;rotection; (c) "Envirnnmental Cleanup" includes any response <br />action, remedial action, or removal action, as defined in Environmental 1..,aw; and (d) an "Environmental <br />Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental <br />Cleanup. <br />Boxmwer sha11 nat cause or permit the presence, use, disposal, storage, or release of any Hazardous <br />Substatxces, or threaten to release any Hazardous Substances, an or in the Property. Borrower shall not do, <br />nor allow anyane els� to do, anything affecting the Properiy (a) that is in violation of any Environmental <br />Law, ('b) which creates an Enviranuiental Condition, or (c) which, due to the presence, ase, or release of a <br />Hazardous Sabstance, creates a condition that adversely affects the value of the Property. The preceding <br />two sentences shall not apply to the presence, use, or starage on the Property of small quantities af <br />Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to <br />maintenance of the Property (including, but not limited to, hazardous substauces in consumer products). <br />Borrower sha11 promptly give Lender vc+ritten notice of (a) any investigation, claim, demand, lawsuit <br />pr other action by any governmental or regulatpry agency or private party involving the Property and any <br />Hazardous Substance or Environmental Law of which Borrower has acCual knowledge, (b) any <br />Environmental Candition, including but not liun.ited 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 whiah advcrsely afFects the value af the Property. If Borrower learms, or is nati�ed <br />NEBRASKA - Single Family - Fannle Mae/Freddie Mac UNIFORM INSTRUMENT <br />�.g��yp� ��� �� Pepe 12 of 15 �n�t�a�e: . Porm 3pZ$ 1/07 <br />� <br />)�����Vy����� <br />