Laserfiche WebLink
2 01oos9�i <br />shall reinain fully effective as if na acccleration had accurr�d. IIow�v�r, this right to reinstate shall not <br />apply in the case of acceleratian under Section 18. <br />20. Sale af Note; Change of Loan Servicer; Nofice 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 />Bc�rrow�r. A sal� might result in a change in the entity (known as the "Loan Servicer'") that collects <br />Periodic Payments du� und�r the Nat� and this Security Instrument and performs other mortgage loan <br />s�rvicing obligations under the Note, this Security Instrument, and Applicable Law. '17iere also might be <br />one or mare changes of thc; I,oan Scrvic:er unrelat�d t� a sale of th� Nat�. If there is a change of the Loan <br />S�rvicer, Borraw�r 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 fransfer of servicing. If the Note is sold and ther�after th� Loan is <br />serviGed by a I.oan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations <br />to Borrow�:r will remain with the Laan Servicer ar be transferred ta a successor Loan Servicer and are not <br />assumed by the Note purchaser unless otherwise provided by the Note purchaser. <br />N�ither Bprrpwer nor Lender may commence, join, or be joined to any judicial action (as either an <br />individual litigant ar the member af a class) khat arises from the other party's actions pursuant to this <br />S�curity Instrument or that alleges that the other party has breached any provision of, or any duty owed by <br />reason of, this Security Instrument, until such Barrawer ar L,ender has natified the ather party (with such <br />notice given in compliance with the requirements of 3ection 15) of such alleged breach and afforded the <br />other party hereto a reasonable period after the giving af such nakice to take CpTC�Gt1V� �CL1AA. IF <br />Applicable Law provides 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 to satisfy the notice and opportunity to take corrective <br />action provisions of this Section 20. <br />21. Hazardous Substances. As used in this Section Z1: (a) "Hazardous Substances" are those <br />substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the <br />following substances: 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) "Envlranmental Law" means federal laws and laws af the jurisdiction where the Praperty is lc�catcd that <br />relat� to health, safety or environrnental pratection; (c) "Enviran.menlal Cleanup" includcs any response <br />actian, remedial action, or removal actian, as defined in Environmental Law; and (d) an "Environmental <br />Condition" means a condition that can cause, cantribuC� ta, ar atherwisc trigger an Environmental <br />Cl�anup. <br />Borrawer shall not cause ar permit the presen.ce, use, disposal, storage, or release of any Hazardous <br />Substances, oar tt�reaten Ga rel�asc any Ha�axdous Substances, on or in the Property. Borrower shall nat da, <br />nor allow anyane else to da, anything affecting the Property (a) that is in violation of any �nvironmental <br />Law, (b) which creates an Environmental CanditiUn, or (c) which, due to the presence, use, or release of a <br />Hazardous Substance, creates a condition that adversely affects the value af the Praperty. The preceding <br />tw� sentcnces shall not apply to the presence, use, or storage on the Property of small quantiti�s Uf <br />Hazardous Substances that are generally recognized to be appropriate ta normal residential us�s and to <br />maintenanue of the Praperty (including, but not limited to, hazardous substances in consumer proclucts). <br />Bc�rrower shall promptly give Lender written notice of (a) any investigation, claim, d�mand, lawsuit <br />or ather actian by any governm�ntal or regulatory agency or private party involving the Property and any <br />Hazardous Substanc� Ur Environmental Law of which Borrower has actual kn,owledge, (h) any <br />I'nvirorunental Condition, including but not limited to, any spilling, leaking, discharg�, rel�ase or threat of <br />release of any I-Iazardaus Substance, and (c) any condition caused by the presence, use or rclease of a <br />Hazardous Subslance which adversely affects the value of the Property. If Borrower learns, oar is notified <br />NEBRASKA - Single Family - Fannie Mae/Freddis Mac UNIFqRM IN57RUMENT � �'� <br />�-8(N�) iaaiii Paqe 12 of 16 in�tia Form 3028 9I09 <br />