|
201103790
<br />11110$7999
<br />and perForms other znort�age 1Qan servicing obliga�ions under the Note, this Security Instrument, and Applieable La.w. There
<br />also might be o�e oz more changes of the Loan Servicer unzelated to a sale of the Note. If there is a chas�ge of the Loan
<br />3ervicer, Borrower w11 be �iven wriizen notice of the ehaag� which will state xhe name and address of the new I.o� Ser�rieer,
<br />the address to mhich paymenxs should be made aud alxy other informatian RESPA requires iti connection with a notice of
<br />�Lrransfer of servicing. If the Note is sold and thezeafc�r the Loan is s�rviced bp a T.oan Servicer other than, th� purchaser of the
<br />No�e, the mortgage loa�a servicii�g obligations to Borrower w�71 rernain with the I�,osu S�rvicer or be ixa�s£erred to a subcessor
<br />Loan Servicer and are aot assumed by the No#e pvrehase�r tmless otherwise provided by the Note purchasei:
<br />Neither �orrower nor Lender may com�ence, join, or t�e joined to any jndicial action (as either an individual litigant
<br />or the m�mber of a ciass) that arises froai the other party's actions pursu2,nt'to tteis Security Insttumeut or that alleges that �}ie
<br />other party has bzeached any provisioa o� or any dnty owed by reasou of, this �e�urity Imstrument, imtil sn.ch Borrower or
<br />Lender has nofiified the other pai�hy {with such ndtice given in complieace with the ieq�irements of Section 15) of such alleged
<br />breac� and afforfled the other party hereto a reasanable periz�d aftez the giving of sucfi notice to take coaective �.ction. If
<br />Applicable Law provides a time per�od whieh must elapse before certain aetivn can be tai�en, that time period will be deemed
<br />to be reasonable for pluposes of this paaagraph. The �iotice of accel�ation az►d opporiamity to cme given to Borrower pursuant
<br />to Section 22 and the notice of aoceleration �iven to Bortower pwrsuaat to Sectio�a 18 shall be deemed to satisfy the notice and
<br />oppoi�imity to t�ke correcti�ve $ction provisioris of t1�is Section 20. ,
<br />21. Hazardons Snbstan�es. As used in this �ection 21:, (aj "I3azardovis Substances" ate those substances defined as
<br />toxic or hazardons sub�tances, pollutants, or westes by En+rirop�entai La�w and the �oll�wiag sabstances: gaso�e, kerosene,
<br />other flammable or toxic pefiroleum product�, toxic p�stie�des a�id herbicides, vbla�l.e sblvents, iriaterials'containing as'6estos or
<br />farmaldehyde, �.nd radioactive materials; (b) "Emrirommental Law" mea�s federal laws and laws of the jwrisdiction where the
<br />Property is located thgfi relaxe �a heal.th, safety or enviro�meatal protectian, (c) "En�vironiuenl�l Gleanup" ine�udes any respo�pse
<br />action; iemedial action, or removal acti.on, as de�ned in �inviromnental Law; and (d) an "En�ironmantal Contlitiox�" means a
<br />condi4ion that can cause, co�¢tnbuts to, or otherwise trigger an Envizonmental C�eanup.
<br />�o�rower s13all not cause oz permit tlie presence, vse, c3i,sposal, storage, or release of suy I�azardous Substances, or
<br />threaten to release any Hazardous Substances, on or fn tlie Property. �orrower shall �not do, nor a11ow anyone else to do,
<br />anything aff�cia�ag the Property (a) that is in violatian of any Environmental Law,�(b) whieh creates an Environmental
<br />Condition, or jc) wl�ch due to the presence use, or release of a Hazardous Snbst�nce czeates a conditi0n that adversely
<br />affects the value of t]ie Properiy. The precet3ing two sentences shall not appl�"Co the presence, use, br stt>rage on the Property of
<br />small quantities of I�azerdous Substances that are generally recogn�zed to be appropriate to noxmal reside�tial uses and to
<br />maintenance of the Property (including, but not limited to, hazaFdous subst2nces in consumer products).
<br />Borrcrwer shall grompfly give Lender written notice of {a) any investigatiort, claim, dematzd, lawsnit or ot"�er aCtion by
<br />ttny govemment�l or regulatory agency or private party involving tlze Properiy sud any Hazardans Snbstance or Eavironment�l
<br />Law qf which Borrowex has actual knowledg�, (b) any Environmental Conditicrn, inciuding but not J�inited to, a�y spillin,g,
<br />le�k�ng, dischazge, release or thzeax of release of any H�zardous Substance, �d (c) any condition caused by the presence, use
<br />or rel$ase of a�3azardons Substance whiah advezsely affects the valne aFthe i'roperty. Tf Borrower leams, or is notified by any
<br />govemmental pr regt�latozy aukhori,ty, oz any private party, that any zemoval oz other remediation of any Hazardo�s Substance
<br />affecting the Prbperry is necessary, Borrotver shall promptly take all necessary remedial actions in a.ocprdauca with
<br />Environmenta,l Law. Not�iang hezein sfla�l create any obligation an Lender fox aa Eavizonmen�tal Cleauup:
<br />NON-UNIFORM COVEN�.NTS. Boaower and Lender fu�ther covenaut �nd agree as follqws:
<br />22. AcceIeratian; Remedies. Y:ender s��ll g3ve aotice 8o Borrower prior to acceleration followi�g Borrower's
<br />breach of eny covenant or agreement in this Security In�ttra�ent (but nat prior to acceleration nnder Seclion 18 nnless
<br />Applic�ble Law prnvides otherwise). The notice s3�aIl Specify: (a)'the defaul� (b) the action reqnired to cure the de�anit;
<br />(c) a date, not less than 30 days from the dat+� the aotice is gi�+en to �orrower, bp wlifcli the defanit must be cnred; and
<br />(� that fail.nre t� enre the defanit on or before the date specified in #he nottce map result in accelerat3on of the snms
<br />secnred by this �ecuFity �nstrameat an.d sale of the �'roperty. xhe no1fce sl�all �arther iwfarm Borrower �€ the raght to
<br />re3nstate after accelerai3on and the right to bring a conrC action to assert the non-e�stence of a defaalt or any other
<br />defense of Borroivear to acceleratioa aiud sale. If'th� defanit is not cured on or before the date spedfied in the notice,
<br />Zender at its option may reqnire ip�mediate �ayment 3n fiall of all sums secured by this Security Instzvment withaut
<br />�urther demand �nd may invoke the govrer of sale and any otlier remedies pet�mitted by Appl�cable Law. Lender shall
<br />be eniitl�d to cullect taII ezpensea incnrred in pnrsuing the remedies provided in this SeMion 22, including, bnt not
<br />N,EBRASKA—Sic�gle F�1y—F'annie Mae/Freddie Mac UNIF'ORM TPTSTRIIMENT
<br />� 3362 Page 10 of 12
<br />' ,'
<br />�
<br />Form 302$ LOl
<br />�
<br />.. ..._� _.., _.. _�._.. _ .�_.._..+_.._. ._,�.._..�. ._.
<br />
|