|
201009078
<br />shall renaain fully effective sa if no accel�tion had occurred. Hav�v�, this right to reinstate shall n,ot
<br />BPPIy in ih� case of acceleratic�n wader Section 1$.
<br />20. Sale of Note; Chsnge of Loan Servic�; Notice oi Grievance. The Note or a partial interest in
<br />the NoCe (together with this Security Insbrume�) can be sold one ar more times without pr�or notice ta
<br />Borrower. A sale might result in a change in the eatity (lmown as the "l.�an Secvicer") that collects
<br />Periodic PayYnents due und�r the Note and this Security Ins�t and performs other amortgage loan
<br />serv�icing obligations wnder the Note, this 5ecutity Instnmvent. and Applicable Law. There also rnight be
<br />one or mare c�ages of t� I.oan Se�rvir.er unrelated ta a sale of the Nate. If there is a c�ange of th� Loan
<br />Servicer� Borrower will be givcn writt�n notice of tbe cl�ange which will state tt� name and address of the
<br />new Loan Servicer, the address to which payments stwuld be made and any other infarmation RESPA
<br />requires in connection wiCh a notice of t�rsmsfer of aervicing. If the Note is anld aiad thereafter the I.oan is
<br />serviced by a I.oan Servicer other than the purchaser of the Note, the mortgage loan sen►icing obligations
<br />to Horrower �will remain with the Lpan Servicer or bc tza�sferred to a�sor Loan 5ervicer and are aot
<br />assumed by the Note pum.ha.aer unless othcrwise provided by the Note purc�haser.
<br />NelXhe[ BOri�OwCr ri0! L� YI�Sy Com�C�� join. or be join� w any judiciat action (as either an
<br />individual litigant or the mcmber of a class) that arises from the other party's actions pursuant to this
<br />S�urity Instruu�nt or t�at allegea that the other party l�s breached any provisior� af, or airy duty awefl by
<br />reason of, this 5ecuriry Ins�ent, until �trch Borrower or L.e�er bas �tifial the other part.Y (with such
<br />notice given in compliance with tl� t+equir�ts of Section 15) of such alleged brcach and afforded the
<br />other party hereto a reasoz�able period after the giving of sucb notice to t�e corrective acxion. If
<br />Applicable Law p�rovides a tube periacl which must elapsc bofore oertain acdon can be takern, that time
<br />period will b� deem�ed to be reasonable for purposes of ttu,s paragr�aph. Tt� notice of accel�rration aad
<br />opport►mity to r.ure given to Sorrower pursuant t4 Sectivn 22 a�d the tkotic� of acceleration give�n W
<br />Borrower pursuant to Section 18 shaU be d� to satisfy tt� notice and oppvrnmity to talae carrective
<br />actiiion provisions of tbis Section 2Q.
<br />21. Haza�rdona Su6�tances. As used in this Secaion 21: (a) "Hazardaus Substauces" are thase
<br />substanoes de�d as roxic or hazardous substances, pallutants. or wastes by F�viror�m�ntal Lavv � the
<br />following substances: gasoline, kerosene, ath� tlamm�ble ar toxic pe�rvlw�m products, toaic p�ticides
<br />and herbicideg, volatile solve�ts, rnat�rriala cantaining asbestos or formaldehyde, and radioactive material.s;
<br />(b) "Fa�vironmeantal Law" msans federal laws a� lawa of the juriadiction where the Property is located that
<br />relate to �alth, safety ar enviromne�ntal protectiaz►; (c) "Fatviro�ental Cleanup" iur,ludes anY response
<br />acxion, r�redial action, or �val acxion, as dc�ined in Enviro�ental Law; an�d (d) an "Farvironmental
<br />Condition" means a condition that can cau�e, contribute to, or otherarise trigger an Environmental
<br />Cleanup. '
<br />Botrower s�all not cause or pernYit the prase�oe, use, disposal, swrage, or release of any Hazardous
<br />3ubstat�es. or threaten to relea�e any Hazardous Subst�, on or ia the Property. Borrower shal� not do,
<br />nor a11ow anyone else to do, anYthiag affed3n8 �e Fr�PertY (a) tl�at is in vidlation of a�+ Envi�ronmental
<br />Law. (b) a+hinc �reates an Et�vimnmental Conditaon, or (c) which, due W the p� use, o�r rclease of a
<br />Ha�srdoua Substanoe. cmatea a condition that adv�rsely sffects the value of the Property. Th� preceding
<br />two set�t� shall n�ot apply W the presence, use, ar storage on tt�e Property of am�il qumatiti� of
<br />Ha7ardous Stibstances that are geaerally r�gni� to bc apprvpriate to namval reside�ntial uses and W
<br />mai�anoe of the Prnpeity (inc�uding, but not Ii�nited W, haxardous substances in c�nsumer prodw�s).
<br />Borrowe� shall Pt+omPtly gi�'e Lend�r writte� �nrice of (a) any investigation, claim. demiand, lawsuit
<br />or other acctiion by any $ov� or regulatory age�y or private pazty involving the Property and any
<br />Hazardous Stibstance or Fnviromn�ental Law of whirb �arrower has actual knowledge. (U) anY
<br />Envim�al Crn�dition, including but n�ot litaited W. anY sPillin8,1ca�.n8, discharge, release or thr�aat of
<br />relcase af any Ha�rdaus S�rbstanoe, and (c) any candition caused by the pres�nce, use or releasc af a
<br />Hazardotta �bstance which adversely ai�ects the value of ttte Propert�►. If Borrower leams, ar is noCified
<br />NEBRASKA - 5ingle Famfly - Prnnis Mae/Freddi� M�c UNIFORAA INSTRUMENT
<br />�-6(N�)�os��� ae�,�z�r�a i�euxs: Form3028 1/01
<br />
|