201in04��
<br />shall retnain 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; Notice of Grievance. The Note or a partial interest in
<br />the Note (together with this Security Instrurnent) can be sold one or more times withaut prior notice to
<br />Borrower. A sale rnight result in a change in the entity (lrnown as the "Loan Servicer") that colle�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 Instrument, and Applicable Law. There also might be
<br />ane ar more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan
<br />Servicer, Borcower will be given written notice of the change which will state the narne and address of the
<br />new L.aan Servicer, Che address to which payrnents should be made and any other information RESPA
<br />requires in conziection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is
<br />servic�d by a L.oan Servicer otk►er than the purchaser of the Note, the mortgage loan servicing obligations
<br />to Borrower will remain with the Loan Servicer or be transferred to a successor L..oan Servicer and are not
<br />assumed by the Note purchaser unless otherwise provided by the Note purchaser.
<br />Neither $orrower nor l.ender may commence, join, or be jain�d to any judicial action (as either an
<br />individual litigant or the member of a class) that arises from th� 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 />reasan of, this Security Instn�ment, until such Borrower or Lender has noti�ed the other party (with such
<br />natice given in campliance with the requ.irez�ents of Section 15) of such alleged breach and afforded the
<br />other party hereto a reasonable period after the giving of such notice ta take corrective action. If
<br />Applicahle Law provides a tizne periai which must elapse before certain action can be taken, that tirne
<br />periat wilt be deemed to be reasonable for purposes of this paragraph. The notice af acceleratian and
<br />opportunity to cure given to Borrower pursuant ta Section 22 and the notice of acceleration given to
<br />Borrower pursuant to Section l8 shall be deemed to satisfy the notice and opportunity to take corrective
<br />action provisions of this Section 20.
<br />Zl. Ha2ardaus Substances. As used in this Section 21: (a) "Hazardous Substances" are those
<br />substances defined as toxic or hazardous substances, pallutants, or wastes by Environmental Law and the
<br />following substances: gasoline, kerosene, oth�er flammable or toxic petroleum products, to��c pesticides
<br />and herbicides, volatiie solvents, materials containing asbestos or fornialdehyde, and radioactive materials;
<br />(b) "En.vironznental Law" rneans federal laws and laws of the jurisdiction where the Property is located that
<br />relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any response
<br />action, remedial action, or removal action, as defined in Environmental Law; and (d) aa "Environmental
<br />Condition" nieans a condition that can cause, contribute to, or otherwise trigger an Environmental
<br />Cleanup.
<br />Borrower shall not cause or pernut the presence, use, disposal, storage, or release af 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 to do, anything affecting the Frope�ty (a) that is in violation of any Environmental
<br />Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release of a
<br />Hazardaus Substance, creates a condition that adversely affects the value of the Property. The preceding
<br />two senCences shall not apply to the presence, use, ar storage on the Property of sma11 quantities of
<br />Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to
<br />znaintenance of 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, demand, lawsuit
<br />or other action by any govemmental or regulatory agency or private party involving the Prop�rty and any
<br />Hazardous Substance or Environmental Law of which Borrower has actual knawledge, (b) any
<br />Environmental Condition, including but nat limited to, any spilting, leaking, discharge, release or threat of
<br />release of any Hazardous Substance, and (c) any condition caused by the presence, use or release of a
<br />Hazardaus Substance which adversely affects the value of the Property. If Barrower learns, or is notified
<br />., �/��....
<br />NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />�-fi1NE) 108i il Page 12 of 15 i��t�ais: Form 3028 1/01
<br />�
<br />
|