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2oioos9o� <br />shall remain fully effeetiv� as if no acceleration had occurred. However, this right to reinstate shall not <br />apply in the case of acceleration under Section 18. <br />2q. Sale af Nate; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in <br />the Not� (tc�gether with this Security Tnstrument) can be sold one or more tim�s without priar notice to <br />Borrower. A sale might result in a change in the entity (known as the "I..aan Servicer") that callects <br />P�ripdic Payments due under the Note and this Security In,strument and p�rfprms ather mortgage loan <br />servicing obligations under the Note, this Security Instrument, and Applicable I.,aw. There also might be <br />one or more changes of the T.oan Servicer unrelated ta a sal� af th� Nat�. If there is a change of the Loan <br />Servicer, Borrower will be given written notice of the change which will state the narne and address of the <br />new Loan Servicer, the addre;ss to which payments should be made and any other information 12ESPA <br />arequires in connection with a notice of transfer of servicing. If the Notc is sald and th�reafter the Loan is <br />serviced by a Loan Servicer other than the purchasr:r of th� N��te, the martgage loan servicing obligations <br />to Borrower will remain with the T_oan Scrvic�r Ur b� Cransf�rc�d ta a successor Loan Servicer and are not <br />assumed by the Note purchaser unless otherwise prnvided by the Note purchaser. <br />Neither Borrower nor Lender may commencc, join, �r bc: join�d ta any judicial action (as either an <br />individual litigant ar the member of a class) that arises from the other party's actior� 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 Uf, this S�curity Instrument, until such 13orrower or L,ender has notified the other party (with such <br />notice given in compliance with the requirements of Section 15) of such allegcd brcach and afforded lhe <br />other party hereto a reasonable period after the giving of such notice to takc carrective actian. Tf <br />Applicable Law providcs a timc peric�d which must �laps� befor� c�rtain action can be taken, that time <br />period will bc deGmed to be reasonable for purposes of this paragraph. The notice of acceleration and <br />opportunity to cure �ive❑ ta Borrower pursuant to Section 22 and the notice of acceleration given to <br />Borrower pursuan[ Co SecGion 18 shall be deemed to satisfy the notice and opportunity to take corrective <br />action provisions of this Se.c:tian 2Q. <br />21. Hazardous Substan�ea. As used in this Section 21: (a) "Hazardous Substances" are those <br />substances defined as tUxic ar hazardaus subs[ances, pollutants, ur wasCes by Environrnental Law and tl7e <br />following substances: gasoline, kerossne, ather flaznznable ar taxic petroleum products, toxic pesticides <br />and herbicides, vc�latil� solvents, materials containing asbestos or formaldehyde, and radioactive materials; <br />(b) "�nviratunental Law" means federal laws and laws of the jurisdiction where the Property is located that <br />relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any response <br />action, remedial action, or removal action, as defined in �nvironmental 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 lhe presence, use, disposal, storage, or relcasc of any Hazardous <br />Substances, or 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 Environmental Condition, or (c) which, due to the presence, use, or release of a <br />Hazardous Substance, creates a condition that adversely affects the value of the Property. The preceding <br />two sentences shall not apply tc� th� pr�s�nce, usc, or storage on the Pro�erty of small quantities of <br />Hazardous Substances lhat are gcnerally recognized to be appropriate to normal residential uses and to <br />maintenance of the Property (including, but not limited to, hazardous substances in consumer products). <br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit <br />nr other action by any governm�ntal or r�gulatory agency or private party involving the Property and any <br />Hazardous Substancc c�r I;nvironmental Law of which Borrower has actual knowled$e, (b) any <br />Environmental Condilian, including but not limited to, any spilling, leaking, discharge, release or threat of <br />r�l�as�: af any IIazardous Substanc�, and (c) any condition caused by the pr�:sence, use �r release of a <br />Hazardous Substance which adversely affects the value of the Praperty. If Barrower learns or is nc�tified <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-61NE) wsiii Pmoa 12 of 16 Initials: � Form 302$ 7/09 <br />'LJ' <br />