Laserfiche WebLink
�01103G14 <br />shall 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 18. <br />20. 5ale of Note; Change of Loan Servicer; NoHce of Grievance. The Note or a partial interest in <br />the Note (together with this Security Instniment) can be sold one or more times without prior notice to <br />Borrower. A sale might result in a change in the entity (l�own as the "Loan Servicer") that collects <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 />one or more changes of 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 norice of the change which will state the name and address of the <br />new Loan Servicer, the address to which payments should Ue made and any other informarion RESPA <br />requires in conne.crion with a norice 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 mortgage loan servicing obligations <br />to Borrower will rema.in with the Loan Servicer or be transferred to a successor Loan Servicer and aze not <br />assumed by the Note purchaser unless otherwise provided by the Note purchaser. <br />NeitYter �ionower nor Lender may commence, join, or be joined to any judicial acrion (as either an <br />individual litigant or the member of a class) that arises from the other party's actions pursuant to this <br />Security Instrument or that alleges tbat the other party has breached any provision of, or any duty owed by <br />reason of, this Security Instrument, cintil such Barrower or Lender has notified the other party (wittt such <br />notice given. in compliance with the requirements of Section IS) of such alleged breach and afforded the <br />other garty hereto a reasonable period after the giving of such norice to take corrective action. If <br />Applicable Law pmvides a titne peri� which must elapse before certain action can be taken, that time <br />periad will be deemect to be reason�:ble for purposes of this pazagraph. The norice of acceleraxion and <br />opportunity to cure given to Borrawer pursuant ta Section 22 and the notice of acceleration given to <br />Borrovaer pursuant to Section 1� shall be deemect to satisfy the notice and opportunity to take corrective <br />action pmvisions of this Sectioa 20. <br />21. Hazardous Subst�rcces. As used in. this Section ZI: (a) "Haza.rdous Substances" are those <br />substances defined as to�c or hazardous substances, pollutants, or wastes by Environmental Law and the <br />following substances: gasoline, kerosene, other flarnmable or toxic petroleum products, toxic pesticides <br />and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; <br />(b) "Environmental Law" means federal Iaws and laws of the jurisdicrion where the Property is located that <br />relate to he�ith, safety or enviro�ental grot�rion; (c) "Envimnmental Cleanup" includes any response <br />acrion, remedial action, or removat action, as defined in Environmental Iaw; and (d) an "Enviroamental <br />Candition" means a condirion 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 reIease any Hazazdous Substances, on or in the Property. Borrower sha11 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 Environmentai Condition, ar(c) wluch, due to the presence, use, or release of a <br />Hazardous Substance, creates a condirion 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 quantiries of <br />Hazardous Substances that aze generally recognized to be appropriate to nom�al residenrial uses and to <br />maintenance 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 governmental or regulatory agency or private party involvin� the Property and any <br />Hazardous Substance or Environmental La.w of which Bonower has actual knowledge, (b) any <br />Environmental Condition, including but not limited to, any spilling, leaking, discha.rge, release or threat of <br />release of any Hazardous Substance, and (c) any condirion caused by the presence, use or release of a <br />Hazardous Substance wluch adversely affects the value of the Property. If Bonower learns, or is notified <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6(NE) �os� t� Page 72 of 15 Inhia : <br />O <br />� .. <br />� . : �. � � <br />Form 3028 1/01 <br />�� <br />