|
�v��o���v =
<br />shall remain fully effective as if no acceleration had occurred. However, ttus right to reinstate shall not
<br />apply in the case of acceleration under Section 18.
<br />20. Sale of Note; Change of Loan 5ervicer; Notice of Grievance. The Note or a partiat interest in
<br />the Note (together with this Securiry Instrument) can be sold one or more times without prior notice to
<br />Bonower. A sale might result in a change in the entity (known as the "Loan Servicer") that collects
<br />Periodic Payments due under the Note and this Securiry 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, Bonower 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 i,nformation RESPA
<br />requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the Laan is
<br />serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations
<br />to Borrowez will remain with the Loan Servicer or be transferred to a successor I.oan Servicer and aze not
<br />assumed by the Note parchaser unless otherwise provided by the Note purchaser.
<br />Neither Borrower noz Lender may commence, join, or be joined to any judicial action (as either an
<br />individual Iitigant or the xnember o€ a class) that arises from the other party's acrians pursuant to this
<br />Security Instrumertt or that alleges that the �ther party has breached any gmvisiort of, or any duty owed by
<br />reason of, this Se�urity Instrument, until such �ozrower or T.ender has notified the other party (with such
<br />notice given iII compliance with the rec}uirements of Section 15) of such aileged breach and affordec� the
<br />other part}� hereto a reasonable perivd after the giving of such notice to take conective acrion. If
<br />Applicahle I,aw pmvides a time peri� which must elapse before certain aerion can be taken, that rime
<br />period witl be desmed to be reasonable for purposes of this paragraph. The norice of acceIeration and
<br />oggartun�t}+ to cure given to Borrower pursuant to Section 22 and the narice o€ acceleratian given to
<br />Borrower pvrsuant to �tion I8 shall be deemed to satisfy the narice and opgortunity to take corre,ctive
<br />actian provisions of this Se�tion 20.
<br />22. I'�azardous Su6staaces. As u.sea in this Section 21: (a) "Hazardous Substances" are those
<br />substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the
<br />following substances: gasoline, kerosene, other flammable or toxic petroleum products, to�c pesricides
<br />and herbicides, volati�e solvents, matezials containing asbestvs or formaldehyde, and radioactive materials;
<br />(b) "Enuironmental T.aw" means federallaws and laws of the jurisciicrion where the Froperty is locate� that
<br />relate to health, safety or environinental protecrion; (c) "Environmental Cleanup° ineludes any response
<br />action, remedial action, or removal acrion, as defined in Envimnmental I.aw; and (d) an"Environmental
<br />Condition" meaus a condition tbat 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 of any Hazardous
<br />Substances, or threaten ta release any Hazardous Substances, on or in the Progerty. Bonower shall not do,
<br />nor allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental
<br />Law, @) which creates an Environmental Condition, or (c) which, 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 Progerty of small quantities of
<br />Hazardous Substances that are generally recognized to be appropriate to normai residenrial uses and to
<br />maintenauce of the Property (including, but not limited to, hazardous substances in consumer products).
<br />Bonower sha11 promptly give Lender written notice of (a) any invesrigation, claim, demand, lawsuit
<br />or other action by any govemmental or regulatory agency or private party involving 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, discharge, release or threat of
<br />release of any Hazardous 5ubstance, and (c) any condition caused by the presence, use or release of a
<br />Hazardous Substance which adversely aff�ts the value of the Property. If Borrower learns, or is notified
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM (11(STRUMEIVT
<br />�-6(NE? (oe>>) Page 12 of 15 in�tiais: �,�— Form 3028 1/07
<br />�
<br />. ..�
<br />
|