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201107772 <br />in the Property and rights under this 5ecurity Instrument; and (d) takes such action as Lender may <br />reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument, <br />and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. <br />Lender may require that Bortower pay such reinstatement sums and expenses in one or more of the following <br />forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, ixeasurer's check or <br />cashier's check, provided any such check is drawn upon an insriturion whose deposits are insured by a <br />federal agency, instrumentality or enrity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, <br />th�s Security Instrument and obligations secured hereby shall remain fully effective as if no accelerarion had <br />occurred. However, this right to reinstate shall not apply in the case of accelerarion under Section 18. <br />20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the <br />Note (together with this Security Instrument) can be sold one or more times without prior notice to <br />Borrower. A sale might result in a change in the entity (known as the "Loan Servicer'� that collects Periodic <br />Payments due under the Note and this Security Instrument and performs other mortgage loan servicing <br />obligations under the Note, this Security Instrument, and Applicable Law. There also might be one or more <br />changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, <br />Bonower will be given written notice of the change which will state the name and address of the new Loan <br />Servicer, the address to which payments should be made and any other information RESPA requires in <br />connecrion with a norice of transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a <br />Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will <br />remain with the Loan Servicer or be transfened to a successor Loan Servicer and aze not assumed by the <br />Note purchaser unless otherwise provided by the Note purchaser. <br />Neither Borrower nor Lender may commence, join, or be joined to any juclicial action (as either an <br />individual lirigant or the member of a class) that arises from the other party's acrions pursuant to ttus <br />Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by <br />reason of, this Security Instrument, until such Bonower or I.ender has norified the other party (with such <br />notice given in compliance with the requu�ements of 5ection 15) of such alleged breach and afforded the <br />other pariy hereto a reasonable period after the giving of such notice to take correcrive acrion. If Applicable <br />Law provides a time period which must elapse before certain action can be taken, that time period will be <br />deemed to be reasonable for purposes of this paragraph. The notice of acceleration and oppofiunity to cure <br />given to Bonower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to <br />Secrion 18 shall be deemed to satisfy the norice and opportunity to take conective action provisions of this <br />Section 20. <br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" aze those substances <br />defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following <br />substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesricides and herbicides, <br />volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b) <br />"Environmental Law" means federal �laws and laws of the jurisdiction where the Property is located that <br />relate to health, safety or environmental protecrion; (c) "Environmental Cleanup" includes any response <br />acrion, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental <br />Condition" means a condirion that can cause, contribute to, or otherwise trigger an Environmental Cleanup. <br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous <br />Substances, or threaten to release any Hazardous Substances, on or in the Properiy. 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, (b) which creates an Environmental Condirion, 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 Properly. The preceding two <br />NEBRASKA-Single Family-Fannie MaeJFreddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwar F(nancial Servicea <br />Form 3028 7 /01 <br />VMP8fNE) (7106) <br />Pege 13 of 77 <br />, ,° y �� ' <br />