|
201108442
<br /> in the Property and rights under this Security Instrument; and(d)talces such action as Lender ma.y
<br /> reasonably require to assure[hat Leilder's interest in the Property and rights under this Securit�Instruinent,
<br /> and Boi�rower's obligation to pay the sums secured by this Security Instruinent, sha11 continue unchanged.
<br /> Lender m�y require that Borrower pay such reinstatement sums �nd expenses in one or inore of the following
<br /> for�ns, as selected by Lender: (a) cash; (b)inoney order; (cJ certifieci cheelc, ba1�Ic checic, treasurer's checic or
<br /> cashier's checic, providecl�ny such cliecic is drawn upon an institution whose deposits are insured by�
<br /> federal agenoy, iiistrumentality or entity� or(d) �lectronic Funds Trasisfer. Upon reinstatement by Borrower,
<br /> t11is SecLirity Instrttment and obligations secured 1�erel�y shall remain fully effective as if no �ccel�ration had
<br /> occurred. However, this rigl�t to reinstate sha11 not apply in the case of acceleration undar Section 18,
<br /> 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a�artial interest in the
<br /> Note(togethe�'with this Secltrity I�istrument) can be sold one or inore times without prior notice�to
<br /> Borrower, A s�1e might result in a change i�z the eritity(lrnown as the °Lonn ServiceN") that collects Pariodic
<br /> Payments dixe under the Note aiid this Security Instrument and performs other mort�age loan servicing
<br /> obligati�ns ullder t11e Note, tlus SectiYrit�Instrument, and Applicable Law. There also il7ight be one or more
<br /> chaizges of t11e Loan Servicer Liru�ela�ed to a sale of the Note. If there is a clzange of the Loan Servicer,
<br /> Borrower will be given writtien notice oP the change which wi11 stata the nasne aiid address of the new Loan
<br /> Servicer, the adciress to which payments should be made and ariy other inPormltion IZESPA requires iii
<br /> connection with a notice of transfer of servicing. IL the Note is sold and thereafter the Loa.n is serviced by a
<br /> Loan Servicer other than the�urcliaser o£the Note, t1�e inortgage loan servicing obligatioi�s to Borrower will
<br /> rem�in with the Loan Servicer or Ue trailsfert•ed to a successor Lo�n Servicer�nd are not assumed by the
<br /> Note purchaser unless otherwise provided Uy tihe Note purchaser.
<br /> Neither�oirower nor Lender may coimilence, join, or ve joined to any judicial action(as aither an
<br /> individual litigant o�the member of a cl�ss) that aiises �i-om the other pas•ty's actions pursuant to this
<br /> Security Iils'trument or that alle�es tlzat the other�arty has breached any provision of, or any duty owed by
<br /> reasoi�of, this Security Instrument, Lu1ti1 such Bori•ower or Lander has�ioCified tha other pa��ty(witli snch
<br /> notice given in coinpliance with the raquireineizts of Section 15) of suclz alleged breacll and afforded the
<br /> othet�party l�ereto a relsona�ble period a.fter tlle giviug of stitch iiotice�o talce corrective action. Tf�Applicable
<br /> L�w pi•ovides a time periocl whicli must elapse before certain action can be talcen, that titne period will be
<br /> deemed to Ue re�sonaUle for purposes of tliis p�ragraph. The notice of�cceleration aiid opportunity to cure
<br /> given to Borrower pursuanti tio Section 22 and the notice of acceleration given to Borrower pursuant tio
<br /> Section 18 shall be cleemed to s�tisfy�he notice and o�porttinity tio talce corrective action provisioi�s of this
<br /> Section 20.
<br /> 21. Wazardous Substances. As usecl in this Section 21: (a) "Hnzar^doti�s Substccnces"are those substances
<br /> deFined as toxic or hazarclous substances, pollutants, or wast�s by Enviroiunental Law and the fallowing
<br /> substancas: gasoline, lcerosene, other flaminable or�oxic pefroleum products, toxic pesticides aud herbicides;
<br /> volatile solvents, materials containin�asbestos or formaldehyde, and r�dio�ctive materials; (bj
<br /> "�nvironmentczl Lc�w°meails federal laws �nd 11ws of the jurisdiction where tlie Pro�erty is located tliat
<br /> relate t�health, safety or envii•omnental protection; (c) "EnviNOn�nental Clec�nup"inchtdes any i�es�oi7se
<br /> action, remedial �ctzon, or removal actio�i, as defined in Environine�ltal Law; anel(cl) �si "Envi�^onmentczl
<br /> Condztion"me2ns a condition that c�n cause, contribute to, or otherwise trigger an Enviroluilental Cleanup.
<br /> Borrower sha11 not cause or permit the presence, t�se, disposal, storage, or release of any�Iaaardous
<br /> Substaizces, or threateii to rele�ise�ny IIazardous Substaiices, on or ii1 the Property. Borrower shall not do,
<br /> nor allow anyone else to c1o, anything 2ffecti7lg the Property(a) tk�t is in violatioiz of any�nvironmental
<br /> Law, (b)�vluch croates a�i Envirorui�ental Condition, or(c)which, dtiie to tilie�resenaa, use, or release of a
<br /> Hazardous SuUstanae, oreates a coi�dition that advarsely afi'ects the value of the Property, The�receding two
<br /> 231209
<br /> NEBRASKA-Single Famlly-FannieMae/Fredtlie Mac UNIFORM INSTRUMENT Form 3028 1/01
<br /> VMP O VMP6(NE)(1105)
<br /> Wolters Kluwer Flnancial Services Page 13 of 17
<br />
|