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201108944 <br />in the Property and rights under this S�urity 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 Bonower's obligation to pay the sums secured by this S�urity Instrument, shall continue unchanged. <br />I.ender may require that Borrower pay such reinstatement sums and expens� in one or more of the following <br />forms, as sel�ted by Lender: (a) cash; (b) money order; (c) certified check, bank che�k, treasurer's ch�k or <br />cashier's check, provided any such check is drawn upon an insritution whose deposits aze insured by a <br />federal agency, instrumentality or enriry; or (d) Electronic Funds Transfer. Upon reinstatement by Bonower, <br />this Security Instrument and obligarions secured hereby shall remain fully effecrive as if no acceleration had <br />occurred. However, this right to reinstate shall not apply in the case of acceleration 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 (laiown as the "Loan Servicer'� that collects Periadic <br />Payments due under the Note and this Security Instrument and performs other mortgage loan servicing <br />obligations under the Note, this S�urity 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 informarion RESPA requir� in <br />conne�tion with a norice of transfer of servicing. If the Note is sold and thereafter the I.oan is serviced by a <br />Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to Bonower 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 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 parly's acrions pursuant to this <br />Security Instrument or that alleges that the other party has breached any provision of, or any duty owe� by <br />reason of, this 5e,curity Instrument, until such Bonower or Lender has norified the other party {with such <br />norice given in compliance with the requirements of 5ecrion 15) of such alleged breach and afforded the <br />other party hereto a reasonable period after the giving of such notice to take corrective action. If Applicable <br />Law provides a time period which must elapse before certain action can be taken, that time period will be <br />d�med to be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to cure <br />given to Bonower pursuant to Se,crion 22 and the notice of acceleration given to Borrower pursuant to <br />Secrion 18 shall be de�med to sarisfy the notice and opporiunity to take corrective action provisions of this <br />Se�tion 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 />sui�stances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides 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 Progeriy is locate� that <br />relate to health, safety or environmental protection; (c) "E�evironrrcental Cleanup" includes any response <br />adion, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environrr�ental <br />Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental Cle,anup. <br />Borrower shall not ca.use 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 Property. Borrower shall not do, <br />nor allow anyone else to do, anything affecting the Properiy (a) that is in violation of any Environmental <br />Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release of a <br />Hazardous Substance, creates a condition that adversely affects the value of the Property. The preceding two <br />NEBRASKA-Single Femily-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMPBINE) (11051 <br />Wokers Kluwer Flnancial Services Page 13 of 17 <br />r 4 , ,�" ' k � • � �_ � <br />