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20110U375 <br />shall remain fully effective as if no acceleration had occurxed. However, this right to reinstate shall not <br />apply in the case af 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 Instrurnent) can be sold one or mor� times without prior notice ta <br />Borrower. A sale rnight result in a change in the entity (knawn as the "Loan Servicer") that collects <br />Periodic Payments due under the Note and this Security Instrument and performs other rnortgage loan <br />servicing obligations under the Note, this Security Instrument, and Applicable Law. There also rnight be <br />one or more changes af the Loan 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 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 Loan Servicer other than the purchaser of the Note, the martgage laan servicing obligations <br />to Borrower will remain with the Loan Servicer or be transferred ta a successor Loan Servicer and are not <br />assumed by the Note purchaser unless otherwise provided by the Note purchaser. <br />Neither Borrower nor L,Qnder rnay commence, join, or be joined to any judicial action (as either az� <br />individual litigant or the rnember of a class) that arises frozn the other party's actions pursuant to this <br />Security lnstrurnent ar 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 Lender has notified the other party (with such <br />notice given in compliance with the requirements of Section 15) of such alleged breach and affarded the <br />ather party hereto 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, that time <br />period will be deemed to be reasonable for purposes of this paxagraph. 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 deerned 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 de�ned as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the <br />following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides <br />and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radiaactive materials; <br />(b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that <br />relate to health, safety or environmental pratection; (c) "Environmental Cleanup" includes any response <br />action, rernedial action, or removal action, as defined in Environmental Law; and (d) az� "Environmental <br />Condition" means a condiCion that can, cause, contribute to, or otherwise trigger an Environmental <br />Cleanup. <br />Borrower shall not cause or permit the presence, use, disposal, 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 ta do, anything affecting the Property (a) that is in violation of any Bnvironmental <br />Law, (b) which creaCes an Environmental Condition, or (c) which, due to the pxesence, use, or release of a <br />Hazardous Substance, creates a condition that adversely affects the value of the Property. The preceding <br />two sentences shall not apply to the presence, use, or 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 />maintenance of the Property (including, but not limited to, hazardous substances in consumer products). <br />Borrower shall proznpCly give I.ender written notice af (a) any investigation, claim, demand, lawsuit <br />ar other action by any governmental or regulatory agency or private party involving the Property and any <br />Hazardous Substance ar Environmental Law of which Borrower has actual knowledge, (b) any <br />Environnnental Condition, including but not limited to, any spilling, leaking, discharge, release or threat of <br />release of any Hazaxdous 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 - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT � <br />� IOSiiI Page 12 of 15 tr,�t�eis: 1��� Form 3Q2$ 7/01 <br />� <br />r� ���� <br />�� <br />� <br />