|
201�04457
<br />2U. �ale of Note; Change of Lasn Servicer; Notice of Grievance. The Note or a partial interest in
<br />the Nnte (tagether wifh this Secttrity Instrument} can be sold one or more times without prior notice to
<br />Soxx'ower. A saIe might result in � change zn the entity (kx�otv� as the "I,oaxt Servicer'") that collects
<br />Periodic Payments due under the Note and this Security Insirument and performs other mortgage ]oau
<br />servicinb obligatians vnder the Note, this Security Znstrutnez�t, and Applicable I,aw. There also might be
<br />one or more changes of the Loan Servioer unreIated to a sale of the Note. If there is a change of Cho Loan
<br />Servicer, Borrawer will be given written notice �f the change which will state tt�.e nanne and address of the
<br />new Loazz Serviaer, the address to which payments should be made and a�y other infon�nation RESPA
<br />requires in connectzon with a noticE of transfer of sarvicing. If the Note is sold and thereafter the Loan, is
<br />sexviced by a Loan Servicer oth.er chan the purchaser of the Note, the mortgage loan servicing obligations
<br />to Borrower will reznaiz� with the Loan Servicer or be transferred to a snccessor Laan Servicer and are not
<br />assumed by the Note pwrchaser unless otherwise provided by the Note pvrchaser.
<br />Neither Bozrowe:r nor Lender may commence, join, or be joined ta any judicial action (as either an
<br />individual litzgarat ar the metnber of a class) that arises from the ather party's actions pursuant to this
<br />Sccurity Instruzx�ent or that alIeges that the ather party has bz any proviszon of, ar any duty owed by
<br />reasor� oF, lhis Sccurity Zx►strw�aent, until such Borrower or Lender has notified the other party {with such
<br />notice given in compIiance with the requirements of Section 15) of such alleged breach and afForded the
<br />other party hereto a reasonable period aft� tk�e giving of such notice to take corzeccive action. If
<br />Applicable Law provides a time period which mnst elapse before certain action cau be taken, that ticne
<br />period will be deemed to be reasonable for purpases af tkus pa;ra�aph. The notice o£ accelerativn and
<br />opportw�ity tu cure given to Borrower pursuant to Sectian 22 and the notice of acceleration given to
<br />Borrower pursuaut tu Sectian 18 shall be deemed to satisfy the notice and qpporpznity to take corrective
<br />actipn pz'ovisians of this Section 20.
<br />2t. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are ttause
<br />substa�aces defined as toxic oz haaazdous substances, pallutanis, or wastes by Environmental Law and the
<br />following substances: gasoline, kerosene, other flammable or toxic petroleum products, t�xic pesticides
<br />and herbiczdes, volatile solvents, znatcrials containing asbestos or formaldehyde, and radioactive matcrials;
<br />(b) "Envi.roxaax�ental Law" means federal laws and laws of the jurisdiction where the Property is located tlxat
<br />relate to health, sa£ety or environmental protection; (c) "Environmenta.l Cleanup" includes any response
<br />action, remedial action, or rem�val action, as defined in Enviranmental Law; and td) an"F,nvirozaxr�ental
<br />Condition" means a condition tltat can cause, eontrihute to, or otherwise trigger an Environmental
<br />Cleanup.
<br />Borrower shall not cause or pez�it the presence, use, dispvsal, storage, or release of any Hazardvus
<br />Substances, or threaten to release any Hazardous Snbstances, on or in the Property. Baarrower shall not do,
<br />nvr allow anyane else to do, anytla�uug affecting the Properiy (a) that is in violation of any Environmental
<br />T�aw, {h) which creates an Environznental Conditioza, or (c) which, due to the presence, use, or release of a
<br />Ha.zardous Substancc, crcatcs a corndittzon tttat adversely affects the value of t�le Pt'pperty. The preceding
<br />two sentences shall nc>t apply to the presence, use, or storage on t�e Prvpezty of smatl quantities of
<br />Hazardous Substances tlzat are genera.tiy ;recogn.ized to be appropriate to normal resideniial ases and to
<br />maintenance of the Property (including, but z�pt liznitefl to, hazardous substances in consumer products�.
<br />Borrovver shall promptly give Lender writteza not�ce oF (a) any investigatiom, claixn, demand, lawsuit
<br />or other action by any govemmental or reguiatory agency or priva#e party involving the Property and any
<br />Harardous Substance or Errviraumental Law of which Borrower has actual knawledge, (b) any
<br />�n'viron�tnental Candition, incInding but not limited to, any spilling, leaking, discharge, release or threat of
<br />reIease of az�.y Haza:tdous Substance, and (c) any condition caused by tbe presence, use or release of a
<br />Hazardous Substaztce which adversely affects the value of the Property_ If Borrowez leaxns, or is notified
<br />by any governmental or regulatory authority, or any private party, that any removal or other remediation
<br />of any Hazardous Snbstance affecting the Property is necessary, Sorrower shall prornptly take all necessary
<br />zennedial actions izz accozdance with Environmcr�tat Law. 1+1oth�ing herein shaIl erea�e any obligation on
<br />Le�nder for an Environn�enta� Cleanup.
<br />711I3345D9
<br />NEBRASKA - Single Family - Fannie MaelFreddte Mac UNIFaFtNf INSTRUMENT WITH�FR
<br />�-6A(NE} �ae1o� Pago 12 of 15 Inklels� � Form 30ae 11�1
<br />0
<br />
|