Laserfiche WebLink
�oioo�s5s <br />shall re�nnnain 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; Nodce of Grievance. The Note or a partial interest in <br />the Note (together with this Security Instnunent) can be sold one or more tirnes without prior notice to <br />Borrow�r. A sale might result in a change in the entity (known as the "Loan Servicer") that �rr��ts <br />Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan <br />servicing obligations under the Note, this Security Tnstrument, and Applicable �,aw. There also might be <br />one or more changes of the Loan Servicer unrelaked to a sale of the Note. If there is a change af the Loan <br />Servicer, Borrower will be given written notice of the change which will state the nanne and address of the <br />new I,oan Servicer, the address to which payments should be made and any othear informatian R�'SPA <br />requires in connection with a notice of transfer af servicing. If the Note is sold and thereafter the I.oan is <br />serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations <br />to $orrower will rernain with the Loazi Servic�r or be transferred to a successor I.,oan Servicer and are not <br />assumed by the Note purchaser un�less atherwise provided by the Note purchaser. <br />Neither Borrower nor L.ender may commence, join, or be joined to any judicial action (as either an <br />individual litigant or the member of a class) that arises from the other party's actions pursuant to this <br />Security Instnunent or that alleges that the other party has breached any provision of, ar any duty owed by <br />reason of, this Security Instn�ment, wnCil such $orrower or Lender has notified the other party (with such <br />notice given in cornpliance with the requarements of Section 15) of such alleged breach and afforded the <br />other party hereto a reasonable period after the giving of such notice to take corrective actian. If <br />Applicable Law provides a tirne period which must elapse before certain action can be taken, that time <br />periad will be dee�� to be reasonable for purposes of this pazagraph. The notice of acceleration and <br />apportunity �o cure given to Borrower pursuant to Section 22 and the notice of acceleration given to <br />Borrower p�l*a�� ta Seetion 18 shaIl be dee�r�eci to satisfy the notice and opportunity to take corrective <br />action provisions af this 5ectivn 2�. <br />2l. Ha►zaR Substances. As used in this S�ction 21: (a) "Hazardous Substazices" are those <br />substances de� as toauc or hazard�s sobstarnces, polIutants, or wastes by EnvironmentaI L.aw a� t�ee <br />falIowing substaaa�es: ga�v�%ne, kerosene, other fla�mnable or toxic petzoleum products, toaic pestici�es <br />and herbicici�s, vatxtite solvents, rnaterials co�xtaining asbestos or foz7maldehyde, and radioactive materials; <br />(b) "Environmental Law" xx�s federat Iaws aad laws of the jurisdiction where the Property is lacated ttiat <br />relate to health, safety or enviro�tal protection; (c) "Enviranrnental Cleanup" includes any response <br />actian, remedial action, or remaval action, as de�ned in Environmental Lavi+; and (d) an "�nviranmental <br />Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental <br />Cleanup. <br />Barrower shall not cause or pernut the presence, use, disposal, storage, or release of any Hazardous <br />Substanc�s, or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not da, <br />nor allow anyone else to do, anything affecting the Property (a) that is in violatian of any Environmenta� <br />Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release of a <br />Hazardous Substance, creates a condition that adversely affects the value of the Property. The preceding <br />tvvo sentences shall not apply to the presence, use, ar storage on the Property of small quantities of <br />Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to <br />rnaintenance of the Property (including, but not limited to, hazardous substanc�s in consumer products). <br />Barrower shalt promptly give I,ender written notice of (a) any investigation, claim, demand, lawsuit <br />or other action by any gover�unental or regulatory agency or private party involving the Property and any <br />Hazardous Substance or Envirozux'►ental Law of which Borrower has actual knawledge, (b) any <br />Environmental Condition, including but not limited ta, any spilling, leaking, discharge, release or threat af <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 noti�ed <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-fi(NE) �p8>>1 Page 12 of 15 mitia�s: Form 3028 1/01 <br />� <br />�; ; r <br />f` � � ' <br />\ <br />