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�01106588 <br />shall remain fiilly effective as if no acceleration had occurred. However, this right to re'vistate shall not <br />apply in the case of acceleration under Section 18. <br />20. 5ale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a gartial interest in <br />the Note (together with this Security Inshument} can be sold one or more times without prior norice to <br />Bonower. A sale might result in a change in the entity (]rnown as the "Loan Servicer") that collects <br />Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan <br />servicing obligarions under the Note, this Security Instrument, and Applicable Law. There also might be <br />one or more changes of the Loan Senricer 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 wi11 state the na.me and address of the <br />new Loan Servicer, the address to which payments should be made and any other information RESPA <br />requires in connection with a notice of tiansfer of servicing. If the Note is sold and thereafter the Loan is <br />serviced by a Loan Servicer other thau the purchaser of the Note, the mortgage loan servicing obligations <br />to Boaower will remain with the Loan Servicer or be trausferred to a successor Loan Servicer and are not <br />assumed by the Note purchaser unless othe�tvaise provided by the Note purchaser. <br />Neither Bonower nor Lender may commence, join, or be joined to any judicial action (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 Instniment or that alleges that the other party has breached any provision of, or any duty owed by <br />reason of, this Security Instrument, uatil such Bonower or Lender has notified the other party (with such <br />notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the <br />other parly hereto a reasonable period after the giving of such notice to take corrective action. If <br />Applicable Law provides a time period which must elapse before certain action can be taken, that time <br />period will be deemed to be reasonable for purposes of this paragraph. The norice of acceleration and <br />opportunity to cure given to Bortower pursuant to Section 22 and the notice of acceleration given to <br />Boaower pursuant to Section 18 shall be deemed to satisfy the notice and opportuaity to take conective <br />action provisions of this Section 20. <br />21. Hazardous Substances. As used 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, toxic pesticides <br />and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; <br />(b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that <br />relate to health, safety or environmenta.l protecrion; (c) "Environmental Cleanup" includes any response <br />action, remedial action, or removal action, as deftned in Environmental Law; and (d} an "Environmental <br />Condition" means a condition 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 Ha�rdous <br />Substances, or threaten to release any Hazardous Substances, on or in the Property. Bonower shall nat 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 Environmental Condition, or (c) wluch, due to the presence, use, or release of a <br />Ha.zasdous Substance, creates a condition that adversely affects the value of the Property. The preceding <br />two sentences shall not apply to the pxesence, use, or storage on the Properiy of small quantities of <br />Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to <br />maintebance of the Property (including, but not lim.ited to, hazardons sixbstances in consumer products). <br />Bortower 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 involving the Property and any <br />Hazardous Substance or Environmental Law 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 anq Hazardous Substance, and (c) any condition caused by the presence, use or release of a <br />Hazardous Substance which adversely affects the value of the Properly. If Borrower learns, or is notified <br />NEBRASKA- Single Family - Fannie Mae/Freddie Mac UNIFORM IIYSTRUINEPIT <br />�$(IdE� (pg19} Page 92 of 15 Initials: _�� FOnY1 3d28 1/01 <br />