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201�09653
<br />shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not
<br />apply in the case of accelearation 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 Instrurnent) can be sold one or more times without prior notice to
<br />Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that collects
<br />Periodic Payments due under the Note and this Security Instzument and performs other rnortgage loan
<br />servicing obligations under the Note, this Security Instrument, and Applicable Law. There also might be
<br />one or more changes of the Loan 5ervicer 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 narne 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 transfer of servicing. If the Note is sold and thereafter the Loan is
<br />serviced by a Laan Servicer ather than the purchaser of the Note, the martgage loan servicing obligations
<br />to Borrower will remain with the Loan Servicer or be transferred to a successar Loan Servicer and are not
<br />assumed by the Note purchaser unless otherwise provided by the Note purchaser.
<br />Neither Borrower nar Lender rnay cornmence, join, or be joined to any judicial action (as either an
<br />individual litigant or the rnember of a class) Chat arises from the ather party's actions pursuant to this
<br />Security Instrument ar that alleges that the other party has breached any provision of, or any duCy 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 party hereta a reasonable period after the giving of such notice to take corrective action. If
<br />Applicable Law provides a time period which must elapse before certain action can be taken, Chat time
<br />period will be deemed to be reasonable for purposes of this pa�ragraph, 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 21: (a) "Hazardous Substances" are thase
<br />substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental I.,aw and the
<br />following substances: gasoline, kerosene, othex flammable ar toxic petroleurn products, toxic pesticides
<br />and herbicides, volatile solvents, rnaterials containing asbestas ar formaldehyde, and radioactive materials;
<br />(b) "Enviranmental Law" rneans federal laws and laws of the jurisdictian where the Property is located that
<br />relate to health, safety or environrnental protection; (c) "Environmental Cleanup" includes any response
<br />action, remedial action, or rernoval action, as de�ned in Environmental Law; and (d) an "Environmental
<br />Condition" means a conditian that can cause, contribute to, or otherwise trigger an Environmental
<br />Cleanup.
<br />Borrower sha11 not causc or permit the presence, use, disposal, storage, ar release of any Hazardous
<br />Substances, or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do,
<br />nar allow anyone else to do, anything affecting the Property (a) that is in violation of any Enviranmental
<br />Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release af a
<br />Hazardous 5ubstance, creates a condition that adversely affects the value of the Property. The preceding
<br />two sentences shall not apply to the presence, use, or starage on the Property of small quantities of
<br />Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to
<br />maintenance of the Property (including, but not lirnited to, hazaxdous substances in consurner products).
<br />Borrower shall promptly give L.ender written notice of (a) any investigation, claim, demand, lawsuit
<br />or other action by any governm�ntal or regulatory agency or private party involving the Property and any
<br />Hazardous Substance or Environmental Law of which Borrower has actua� knowledge, (b) any
<br />Environrnental Condition, including but not limited to, any spilling, leaking, discharge, release 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 af the Praperty. If Borrower learns, or is notified
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
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