Laserfiche WebLink
2011Q0230 <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 1 S. <br />2p. Sale af Note; Change of C.,aan Servicer; Notice of Grievance. The Note or a parCial interest in <br />the Note (together with this Security Instrument) can be sold one ar more time5 without prior notice to <br />Borrower. A sale might result in a chan�e in the entity (knawn as the "Loan Servicer") that collects <br />Periodic Payments due under the Note and this Security Instrument and performs ather mortgage loan <br />servicing obli�ations under the Not�, this Securiry Instrument, and Applicable �aw. There also might be <br />one ar more changes of the Loan Servicer unrelated to a sale of the Note. �f 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 Laan Servicer, the address to which payments should be made and any oth�r information RESPA <br />requires in cannection with a notice of transfer of servicing. lf the Note is sold and thereafter the Loan is <br />serviced by a Loan Servicer other than the purchaser of the Note, the martgage loan servicin� obligations <br />to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not <br />assumed by the Note purchaser unless otherwise pravided by the Note purchaser. <br />Neither Borrower nor Lender rnay commence, join, or be joined to any judicial action (as either an <br />individual liti�ant or the member of a class) that arises from the other party's actions pursuant to this <br />Security Instrument or tliat alleges that the other party has breached any provision of, or any duty owed by <br />reason of, this Security Instrurnent, until such Borrower pr Lender has notified the other party (with 5uch <br />nocice �iven in compliance with the requirements of Section 15) of such alleged breach and afforded the <br />other party hereto a reasonable period after the givin� of such notice to take corrective action. If <br />Applicable Law provides a time period which must elapse before certain action can be taken, that time <br />period will be deemed to be reasonable for purposes of this paz 7he notice of acceleration and <br />opportunity to cure given to Borrower pursuant to Section ZZ and the notice of acceleration given to <br />Borrower pursuant to Section 18 shall be deemed to sati�fy the notice and opportunity to take carrective <br />action provisions of this Section 20. <br />21. Flazardous Snb�tances. As used in this Section 21: (a) "Hazardpus Substances" are those <br />substances defined a5 toxic ar hazardous substances, pollutants, or wastes by Environmental Law and the <br />following substances: gasoline, kerosene, otlaer f]ammable or toxic petroleum products, toxic pesticides <br />and herbicides, volatile so]vents, materials containin� asbestos ar formaldehydE, and radioactive materials; <br />(b) "Envirorunental Law" mean5 federal laws and laws of the jurisdiction where the Properry is located that <br />relate to health, safety or environmental protection; (c) "Environrnental Cleanup" includes any response <br />action, remedial action, or reznoval action, as defined in Environrnental Law; and (d) an "Environmental <br />Condition" means a condition that can cause, contxibute to, or otherwise trigger an Environrnental <br />Gleanup. <br />Barrower shall not cause or permit the presence, use, dispnsal, storage, or release af any Hazardous <br />Substances, or threaten to release any Hazardous 5ubstances, on or in the Property. Borrower shall not do, <br />nor allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental <br />Law, (b) which creates an Environmental Canditian, ar (c) which, due to the presence, use, or release of a <br />Hazardous Substance, creates a condition that adversely affects the value of the Froperty. The preceding <br />two sentences shall not apply to the presezzce, use, or storage on the Property of small quantities o£ <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 substances in consumer products). <br />Borrower shall proznptly give Lender written notice of (a) any investigation, claim, demand, 1awsuit <br />or other action by any governrnental or regulatory agency ar private party involving the Property and any <br />Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any <br />Environmental Condition, including but not limited to, any spilling, leaking, dischar�e, release or thr�at 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 />231042 <br />N�BRASKA - Single Family - Fannie M aelFreddie M ac UNIFORM INSTf2UM ENT �(, �� <br />�-6�NE) �oai t� Paga �z or �s Initials: r Form 3028 1101 <br />� <br />