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201140��7
<br />shall remain fu11y effectzve a� if na acceleration had occurred. However, this right to reinstate shall not
<br />apply in tlae� case of acceleration under Sectian 18.
<br />20. Sale of Note; Change of Loan Servicer; Noticc uf Grievance. The Note or a partial interest in
<br />the Note (together with this Security Instrument) can be sold one or more times without prior notice to
<br />Borrower. A sale might resuli in a change in the entity (known as the "I,oan Servicer") that. collects
<br />Periadic Payrnents due under the Note and this Security Instrument and performs other znortgage loan
<br />servicing obligations under the Note, thi5 Securiry lnstrument, and Applicable Law. There also might be
<br />one or more changes of the Loan Servicer unrelated to a sale af the Note. lf there is a change of the Loan
<br />Servicer, Bvrrower wil] be �iven written nntiee of the change which wi11 state the name and address of the
<br />new Loan Servicer, the address to which payrnents should be rnade and any other information RESPA
<br />requires in connection with a natice of transfer oi' servicin.g. If the Note is sold and thereafter the Laan is
<br />serviced by a.Loan Servicer other than the purchas�r of the Note, the mortgage loan servicing obli�ations
<br />to Borrower will remain with the Loan Servicer or be transf�rred to a successor Loan Servicer and are not
<br />assurned by the Note purchaser unless otherwise provided by the Note purchaser.
<br />Neither .Borrower nor �,ender rnay comnience, join, or be joined tn any judicia] action (as either an
<br />individual litigant or the member of a class) that arises fxom the other party's action5 pursuant to this
<br />Security Instrument or that alle�e5 that the other party has breached any provision of, or any duty owed by
<br />reason of, this Securicy Instrument, until such Bcarrower or Lender has notified the other party (with such
<br />notice given in compliance with the requirements of Section 15) of tiuch allegad breach and afforded the
<br />other party hereto a reaspnable periad after the giving of such notice to take corrective action. lf
<br />Applicablc Law provides a time period which rnust elapse before certain action can be taken, that tirne
<br />period will be deerned to be reasanable for purposes of t�ais paragraph. The notice ai' acceleration and
<br />opportunity to cure given to Borrower pursuant to Sectiaz� 22 and the notice of acceleration given to
<br />Borrower pursuant to Sectioz� 1$ shall be deemed to satisfy the notice and opportunity to take corrective
<br />action provision.y c7f this Section 20.
<br />2l. Hazardoas Substances. As used in this Section 21: (a) "Hazardous Substances" are those
<br />substances defined as toxic or hazardous substances, pollutants, or wastes by Environrnental Law and the
<br />following substances: gasoline, kerosene, other flaiiunable or toxic petroleum products, taxic pesticides
<br />azad herbicides, volatile solvents, materials containin� asbestos or formaldehyde, and radioaotive materials;
<br />(b) "Environmental Law" rneans federal laws and laws of the jurisdiction where the Property is located that
<br />relate ta health, safety or environmental protection; (c) "Environxnental Cleanup" includes any r�sponse
<br />action, remedial action, or removal action, as de�ned in Environmental Law; and (d) an"Environmental
<br />Conditlon" means a condition that can cause, contribute to, ar otherwise trigger an Environ.mental
<br />Cleanup.
<br />Borrower shall not cause or permit the presence, use, disposal, stora�e, or release of any Hazardoua
<br />Substances, or threaten to release any Hazardous Substances, on ar in the Praperty. Borrower shall not do,
<br />nor allow anyone else to do, anything affecting the Property (a} that is in vinlation of any Environmental
<br />Law, (b) which creates an Enviranmental Conditian, or (c) which, due to the presence, use, or release of a
<br />Hazardous Substance, creates a condition that ac3versaly affects the value of tlae Property. The preceding
<br />two sentences shalJ not apply to the presence, use, ar si.orage on the Property af small quantities of
<br />Hazardous Substances that are generally recognized to be appropriate to norm.a] residential uses and to
<br />maintenance o£ the .Property (including, but not limited to, hazardous substances in consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, dexnand, lavvsuit
<br />or other action by any governmenta] or regulatory agency or private party involving the Property and any
<br />Hazardous Substance ar Environxnental Law of which Borrower has actual knowledge, (b) any
<br />Enviranrnental Condition, includinb but not limited to, any spilling, ]eaking, discharge, release or threat of
<br />release af any Haza� Substance, and (c) any conditipn caused by the presence, use ar release of a
<br />Hazardous 5ubstance which adversely affects the value of the Property. If Borrower learns, ar is noti�ed
<br />231030
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFQRM INSTRUMENT
<br />�-S(NE) (0811j Page 12 of 15 in��ai � �� Form 3028 1/D1
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