|
201108126
<br /> in the Praperty aud rights Lmder this Security Instrumen�; and(d) talces sLich action as Lender mily
<br /> reasonably require to assure that Lender`s interest in th�Property�id rights undor tl�is Sectuity Instrument,
<br /> and Borrower's obligation to pay the sums secured 1�y this Security Instrument, sha11 continue unchanged.
<br /> Lender inay require that Borrower pay sLtcli reilistateinent stiiins and expenses in one or more of the fbllowing
<br /> forms, as selected by Lender: (a) cash; (U)inoiiey order; (c) certified checic, vai�lc checic, treasurer's checic or
<br /> casliier's checic, provided any such checic is drawn upon an institution whose deposits 1re insurec�by a
<br /> federal agency, instrumentality or entity; or(d) �lectronic Funds Transfer. Upon reinstatement vy Borrower,
<br /> tl�is Security Tns�tunent ancl obligations secured hereby sha11 reinain fully effective as if no�aeceleration ha�
<br /> occurred. However, this rigllt to reinstate sh�11 not apply in the case of acceleration under Section 18,
<br /> 20. Sale of'Note; Change of Loan Servicer; Notiae of Grievance. The Note or a partial interest in the
<br /> Note�(toget�ler�with this �ecurity Instrusnent)�casi be sold oiie or more tiines without prior notice to
<br /> Borrower. A sale nuglit result in a change in the eiitity(laiown as the "Loan Servicer") thlt collects Periodic
<br /> Payineiits due under the Note and this Security Instrtiuneilt ancl performs other mort�age lo�n servicing
<br /> �obligations cinder the No�e, tl�is�Securitiy Instrument, and Applicable Law. �Tliere also might be one or more
<br /> clzanges oF the Loan Servicer uilrelated to a sale of the Note. If there is a change of the Lo�ii Servicer,
<br /> Borrawar will be given writteil notice of the chail�e which wi71 state the riatne and addz•ess oi'the new Loan
<br /> Seivicer, the address to which payments shoulcl be made and�ny other information RESPA rec�uires in
<br /> connection with a notice of titansfer of se�vicing. If tl�e Note is sold and ihereafter t1�e Loan is serviced by a
<br /> Lo�tin Servicer other than the purch�ser of the Note, the mortgage loan serviciiig obligations to Borrower will
<br /> remain with the Loan Servicer or Ue transferred tio a successor Loan Servicer aiid are izot assumed Uy the
<br /> Note purchaser unless otherwise provided by the Note purchaser.
<br /> Neither Borrower nor�,ender may conunenee, join, or be joined to a�1y ju�ici�l action(as either an
<br /> individual litigant or the mei�lUer af a class)that arises fi•arn tlie other party's�ctions pursuant to this
<br /> Security Itistruinent or that alleges tl7at the other party has Ureached any piovision of, or any dtxty owed by
<br /> relson of, tlus Security Instruinent, untiil such Bori�ower or Lender has ilotifiec�the otller party(with such
<br /> notice given in compliance with the requirements of Section 15) of such alleged breach and�ffo�•ded the
<br /> other party hereto a reasonable perioc�after tha givi�lg oi's�,ich notice to talce corrective actioiz. If Applicable
<br /> Law�rovides a time period which zmtst elapse before cerlain action can Ue talzen, that time period wi11 be
<br /> deemed to be reasonable for�urposes of this paragrlph. The iiotice of acceleratioi�and opportunity to c�ire
<br /> given to Borrower pui:suaut to Sectioii 22 ancl the notice oF aeceler�tion given�;o Borrower�L1rsLilnt to
<br /> Section 18 shall be dee�n�d to satisfy the notice and opportunity to talce corrective actiou provisions of tihis
<br /> Sectioii 20.
<br /> 21. Hazardous S�bstances. As used in tlus Section 21: (a) "Fiaznrclous Substctnees"�re tllose substaiices
<br /> ��efined as toxic or haz�rdous subst�nces, pollut�nts, or wastes by�nvirorunenta.l Law and the following
<br /> substances: gasoline, lcerosene, other flaminable or toxic petroleuin products, toxic pesticides and herUicides,
<br /> vol�tile solvents, illaterials contaii�iiig asUestos or foni7a1c1ehyde, anc�radioactiive i��aterials; (b)
<br /> "Envi�^onmental Law"ineans federal laws and laws of the jurisdiction where tlze Property is located th2t
<br /> relate to health, safety or environmental protection; (c) "L'nvr'ronmentczl Clec�nup" includes �ny response
<br /> action, reinedial actioiz, or reinoval action, as c�efiried in Environmental Lav�; and(d) an "Environmental
<br /> Condition"1ne�ns�conditiozi th�t ca�i cause, eontriUute to, or otlierwise t�•igger an Environmeiz�al Cleanup.
<br /> Boz�rower sliall not caLtse or permit th��rc;aence, use, disposal, storage, or release of any Hazardotits
<br /> Substances, or threaten to i�elease�ny IIazardous Subst�ilces, on or ii1 the Property. Borrower sh111 not do,
<br /> nor a11ow anyone else to do, auythin�affecting tlle Pro�erty(a) tha�t is ii1 violatioii of au�Envuoinnental
<br /> Law, (U) which cre�tes an Enviroiullental Condition, or(c)whicli, clue to tl7e presence, use, or release of a
<br /> Hazardous Subst�ilce, creates a condition that adversely affects the vahie of the Property, The�rececii�ig two
<br /> 231199
<br /> NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 302II 1101
<br /> VMP� VMP6(NE)(1105)
<br /> Wolters Kluwer Financial Services Page 13 of 17
<br />
|