|
201109428
<br /> in tlle Property and i•ights under tliis Secui•ity Instruinent; and(d) talces sucll�ction�s Lender in�y
<br /> reasanably require to assure that Lender's interest ir1 the Prp�erty aiid rights under this Security Instrumant,
<br /> and Borrower's oUligation to pay the suins secured by tihis Security Instrument, shall contii7tiie unchanged.
<br /> Leilder inay require that Borrower pay such reinstatement sums and expenses in one or inore of the following
<br /> forins, as selected vy Lender: (a) cash; (U)moiiey order; (c) certified checic, binlc checic, treasurer's checic or
<br /> cashier's checic, providecl aily such checic is clrawn upon an institution whose deposits are insured by a
<br /> federal agency, ii�stirumontality or entity; or(d)Electronic I'unds Transfer, Upon reinstltement Uy Borrower,
<br /> this Security Instrument and oblig�tions secured hereby shall�•emain fully effectiva as if no acceleratioii had
<br /> occurred. However, tliis right to reinstate shall not apply in the case of acceleration under Section 18.
<br /> 20. 5ale of Note; Change of Loan 5ervicer; Notice of Grievance. The Note or a p�rtial interest in the
<br /> Note(to�gether with this Security Instruinent) can 1�e sold one or inore tiimes without prior notice to
<br /> Borrower. A sale might result in a change in tl7e entiity(lcnown�s tlie 'Zoczn Ser^vicer")th�t collects Periodic
<br /> Payinents dLie uilder the Note and this Security Instirument and performs other mortgage lo�n servicing
<br /> oUlig�tions uncier the Note, this Security Instruiiient, and Applicable I,aw. There�1so might be one oi•more
<br /> chinges of tlie Loan Servicer unrelated to a sale of the Note. If there is a change of the Lo�n Servicer,
<br /> Borrower wi11 be given written notice of the change wllich will state the name and adc�ress of the nsw Loan
<br /> Servicer, the acldress to wliich p�yinents should be made�nd any other inforin2tion R�SPA requires in
<br /> coniiection with a notice of transfer of servicing. Tf the Note is sold and tliereafter the Loan is serviced Uy a
<br /> Loan Servicer other than the�urchaser of the Note, the znortgage lo�n servicing obligations to Borrower will
<br /> remain with the Loan Servicer or be tr2nsferred to a successor Loai1 Servicar and�re not assumed by the
<br /> Note purchaser unless otherwise provided by the Note purchaser,
<br /> Neither Borrower nor Lender may coirunence,jou1, or be joined to �ny judicial action(as either an
<br /> individual litigant or the mernbar of a class)tliat a��ises fi•om the other party's actions pui'suail�to this
<br /> Security Instrurnent or that alleges tl�at tlle other party has Ureached aiiy provision of, or any duty owed by
<br /> reasoil of, this Security Instrt�inent, until such Bori•ower or Lender has noti�ed the other party(with such
<br /> notice given in com�liance witlz the requirements of Section 15)of such alleged brelch and�fLorded the
<br /> other party hereto 1 reasonable period�fter the giving of sucli notice to talce coi•rective actioil. If Applic�Ule
<br /> Law provides a time period vvhieh inttst elapse before certain�ction c�ii be talc�n, that time poriod will be
<br /> deemed to Ue reaso�lal�le for purposes of this pa�•�graph. The notice of acceleration a�id opportunity to cure
<br /> given to Bori•ower pursu�nt to Section 22 ancl the notice of acceleration given to Borrower pursuant to
<br /> Section 18 sha11 ve deeined to satisfy the notice and opportunity to talce correc'tive action provisions of this
<br /> Section 20.
<br /> 21. Hazardous Substances. As used in tihis Section 21: (a) "Hczzczrdous Substcznees" are those suUstances
<br /> defined�s toxic or hazardous stitbstances, pollutanfs, or wastes�y Environ�nental Law and the following
<br /> substances: gasaline, l�erosene, otiher fla�ninaUle or toxic petroleuin products, toxic pesticides and lzerbicides,
<br /> volatile solvents, inaterials containing asbestos or forsnaldehyde, and r�tlioactive materials; (b)
<br /> "Environrr�tentccl Lccw"meltis fecleral laws and laws of the jurisdiction where the Pi•operty is loclted t11at
<br /> relate�o hea�lth, saFety or enviroi�nenta.l protectio�; (c) "EnviNOnmental Clec�nup" iiicludes any rasponse
<br /> �c'tion, reinedial action, or r�moval action, as de�"ined in Enviroiunentll Law; ��1d(d) an "Environmentc�l
<br /> Condztzon"inea�ls a condition that can cause, contriULtte to, or otherwise trigger an Enviroiunent�l Cleauup.
<br /> Borrower shall not cause or periiiit the presence, �ise, disposal, storage, or release oF any Haz�i•dous
<br /> SuUstances, or threaten to release aiiy H�zardous SuUstaiices, on or in the Propei•ty. Borrower sliall not do,
<br /> nor allow anyone else to c1o, anythin� affecting tlze Property(a)that is ii�viol�tion oF any L�nviromneiita.l
<br /> Law, (U)whiclz creates�n Enviroiunent�l Conditiov, or(c)which, due to the�reseilce, use, or release of 1
<br /> IIa,zardous SuUstance, creates a condition that�dvar�el�affects the value of tl�e Property. The prececling two
<br /> 231234
<br /> NEBRASKA-Single Family-Fannle Mae/Preddie Mac UNIFORM INSTRUMENT Form 3028 1I01
<br /> VMP OO VMP6(NE)(1105)
<br /> Wolters Kluwer Financial Services Page f3 of 17
<br />
|