2Q1oos�s�
<br />sha11 remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not
<br />apply in the case of acceleration under Section 18.
<br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in
<br />the Note (together with this Security Instrument) can be sold one or more tirnes without priar notice to
<br />Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that callects
<br />Periodic Paym�ents due under the Note and this Security Instrument and performs other mortgage loan
<br />servicing obligatians under the Note, this Security Instrument, and Applicable Law. There also might be
<br />ane or more changes of the I,oan Servicer unrelated to a sale of the Note. If there is a change of the Loan
<br />Servicer, Borrower 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 rnade and any other infarmation RESPA
<br />requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is
<br />sezviced by a L.oan Servicer other than the purchaser of the Note, the nnortgag� loan servicing obligations
<br />to Boarrower will remain with the Loan Servicer or be transferred to a successar Loan Servicer and aze not
<br />assumed by the Note purchaser unless otherwise provided by the Note pwrchaser.
<br />Neither $orrower nor I.ender may commence, join, or be joined to any judicial action (as either an
<br />individual lirigant or the member af a class) that arises frozn the other party's actions 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 of, this Security Instrument, until such Borrower or I.ender has notified the other party (with such
<br />notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the
<br />other pacty hereto a reasonable period after the giving of suctx notice to take corrective action. If
<br />Applicable I.aw provides a time period which rnust elapse before certain action can be taken, that time
<br />pez�od will be deemed to be reasonable for purposes of this paragraph. 'The notice of acceleration and
<br />opportunity to cure givan to $orrower pursuant to Section 22 and the notice of acceleration given to
<br />Borrower puxsuant to Section 18 shall be deemed to satisfy the notice and opportunity to take carrective
<br />actian provisions of this Section 2Q.
<br />21. Hazardous Substances. As used in this Section 21: (a) "Hazaxdous Substances" are those
<br />substattces de�ned as toxic ar hazardous substances, pollutants, or wastes by Environmental Law and the
<br />following substances: ,�asoIine, kerosene, other flammable or toxic petroleum products, toxic pesticides
<br />and herbicides, volatile solvents, materials contauung asbestos or farn�aldehyde, and radioactive materials;
<br />(b) "Environmental Law" means federal laws and laws af the jurisdiction where the Property is located that
<br />r�late to health, safety ar environmental protection; (c) "Environmental Cleanup" indudes any response
<br />action, rem�dial action, or removal action, as defined in Environmental Law; and (d) an "Environmental
<br />Condition" means a condition that can caus�, contribute to, or otherwise trigger an Environmental
<br />Cleanup.
<br />Boa�'rower shall not cause or pernut the presence, use, dispasal, storage, or release 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 violativn of any Environmental
<br />Law, (b) which creates an Environmental Condition, or (c) which, due to the pxesence, use, ar release of a
<br />Hazardous Substance, creates a condition that adversely affects the value of the Property. The preceding
<br />two sentences sha11 not apply to the presence, use, or storage on the Property of small quantities of
<br />Hazardaus Substances that are generally recognized to be appropriate to narmal residential uses and to
<br />maintenance of the Property (including, but not limited to, hazazdous substances in consumer products).
<br />Borrower shall promptly give L.ender written notice of (a) any investigation, claim, demand, lawsuit
<br />or other acCion by any gov�rnmental ar regulatory agency or private party involving the Property and any
<br />Hazardous SubsCance or Environmental Law of which Borrower has actual knowledge, (b) any
<br />Environmental Condition, including but not limited to, any spilling, leaking, discharge, releas� 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 which adversely affects the value of the Property. If Borrower learns, or is notified
<br />NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />�-61NE) loa� il Page 12 of 15 in�ei s: � Farm 302$ 9/01
<br />�
<br />F ! � � � � "� '' ` �
<br />� . �
<br />
|