|
2oioos9is
<br />shall remain fully effecCivs as if no acceleration had occurred. Ilc�wever, this right to reinslatc: shall not
<br />apply in the case of aeceleratian under Section 18.
<br />20. Sale of Note; Change of Loan Servicer; Notice of Grievg�ce, The Note or a�ariial interest in
<br />the Note (together with this Security Instrument) can be sold one ar more times without �riar natic� ta
<br />Borrower. A sale might r�sult in a change in the entity (known as the "Loan Servicer"') that collccts
<br />Periadic Payments due under the Note and this Security Tnstrument and performs other mortgage loan
<br />servicing obligations under the Note, this Security Instrumcnt, and Applicable Law. There alsa might be
<br />one or more changes of the Loan Servicer unrelated to a sal� of the Note. If there is a chang� Uf th� Loan
<br />Servicer, Borrawer will be given written nc�[ic� af the change which will state the nam� and address of the
<br />ncw I.oan Servicer, the address to which payments should be made and any alher information RESPA
<br />requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is
<br />serviced by a Loan Scrvicer other than the purchaser of the Note, th� martgage loan servicing obligations
<br />to Borrower will remain with the L.oan Servicer or be transferred tU a successor Loan Servicer and are not
<br />assumed by the Note purchaser unless otherwise provided by thc Nat� purchaser.
<br />Neither Borrower nar I.ender may commence, join, or be joined to any judicial action (as either an
<br />individual litigant or th� marnber of a class) that arises from the oth�r party's actions pursuant to this
<br />Security Tnstrument or that alleges that the other party has breached any provision of, or any duty owed by
<br />reason of, this S�curity Instrument, until such Borrower or Lender has natified the other party (with such
<br />notice given in campliance with the requirements of Section 1S) af suc:h alleged breach and aftbrded the
<br />other party hsreta a reasonable period aFtcr th� giving c�f such no[ice to take corrective action. If
<br />Applicable I,aw pravides a time period which must elapse b�far� certain action can be taken, that time
<br />period will t� deemed to be reasonable for purposes of lhis paragraph. The notice of acceleration and
<br />opportunity to curG given to Borrower pursuant to Section 22 and tlxe notice of acceleration given to
<br />Borrower pursuant to 5ection 18 shall be deemed to satisfy the noti�c and opportunity to take corrective
<br />action pravisians of this Section Z0.
<br />21. H�zerdans Substances. As used in 4kais Seclian 21: (a) "Hazardous Substances" are those
<br />substances defined as toxic or haxarc�ous substances, pollutants, or wastes by rnvir�runental Law and th�
<br />following substances: gasoline, kerosene, other flammable or toxic petroleum prpducts, taxic pesticides
<br />and herbicides, volatile solvents, materials containing asbestos or farmald�hyde, and radioactive materials;
<br />(b) "F,nviranmcntal Law" means federal laws and laws of the jurisdictian where the Property is located that
<br />relate tn health, safety or environmental protection; (c) "Environmental Cleanup" includes any response
<br />action, r�medial action, or removal action, as defined in Environmenlal Law; and (d) an "Environmental
<br />Condition" means a condition that can cause, contribute to, or otherwise trigger an Enviranrn�ntal
<br />Cleanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release af any Haxardaus
<br />Substanccs, nr threaten to release any Hazardous Substances, on ar in the Prnperty. Barrower shall not da,
<br />nar allaw apyon� else to do, anything affecting the Property (a) that is in vi�lation of any Environmental
<br />I,aw, (b) which creates an Environmental Conditic�n, ar (c) which, due to the presence, use, or release of a
<br />Hazardous Substance, creates a condition that adversely affects the value of the I'roperty. The preceding
<br />two sentences shall not apply ta the presence, use, ar storage on the Property of small quantities of
<br />Hazardous Substances lhat arc: ��nerally recognized to be appropriate to normal residential uses and to
<br />maintenance of the Property (including, but not lunited to, hazardous substances in consumer products).
<br />Borrower shall prompfly giv� I.ender written natice of (a) any investigation, claim, demand, lawsuit
<br />or other action by any gavernmental ar regulatory agency or private party involving the Property and any
<br />Hazardous Substanc� ar Enviranmental Law of which Borrower has actual knowledge, (b) any
<br />Environmental Condition, including but not limited to, any spilling, leaking, discharge, release or threat of
<br />release af any Hazardous Substance, and (c) any condition caused by the presence, us� ar re.lease c�f a
<br />Hazardaus Substance which adversely affects the value of the Prvperty. If BUrrower learns, or is notified
<br />NE�RASKA - Single Family - Fannie Mae/Freddie Mac UIVI�ORM IN57RUMENT ��[
<br />�-6(NE) �oai�i Page 12 af 15 Initials: Fol'm 3028 1/09
<br />� �
<br />
|