Laserfiche WebLink
201201562 <br /> 21. Hazardous Substances. As used in this Section 2L(a)"Hazardous Substances"arc those substances <br /> defined as toxic or haz�ardous substances,pollutavts,or wastes by Environxnental Law and the fotlowing <br /> substances:gasoline, kerosene,other flaminable or toxic petroleum products,toxic pesticides and herbicides; <br /> volatile solvents,materials containing asbestos or formaldel�yde,and radioactive materials,(b) <br /> "Environrrzental Law"means federal laws and laws of the jurisdiction where the Property is]ocated that <br /> relate to health,saPery or environmental protecdon;(c)"�nvironmental Cleanup"includes any xzsponse <br /> action,remedial action,or removal action,as defined in Environmental Law;avd(d)an"Environmental <br /> Condition"means a condition that can cause,contributa to,or otherwisa trigger an Em�ironmentat Cleanup. <br /> Borrower shall not cause or permit the presence,use,disposal,storage;ar release of vry Hazardous <br /> Substances;or threaten to release any Hazardous Substances,on or in the Properry. Borrower shall not do; <br /> nor allow anyone else to do,anything affeeting the Property(a)that is in violation of any Enviroomental <br /> � Law,(b)whicli 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 /> sentences shall not apply to the presence,use,or srorage on the Property of small qua�itities of Hazazdous <br /> Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of <br /> the Property(including,but not limited to,hazardous substances in consumcc products). <br /> Borrower shall promptly give Lender written notice of(a)any invescigalion,claim,demand,lawsuit or other <br /> action by any governmental ar regulatory agency or private party involving thc Property and any Hazardous <br /> Substance or Environmental Law of which Borrower has actual lmowledge, (b)any Enviromnental <br /> Condition,including but not limited tq any spilling,leaking,discharge,release or threat of release of any <br /> Hazardous Substance,and(c)any c.ondition caused by the presence,use or release of a Hazardous Substance <br /> which adversely affects the value of the Properry. lf Borrower learns,or is notified by any governmental or <br /> regulatory authority,or any private party,that any removal or other remediation of any Hazardous Substance <br /> affecting the Property is necessary,Borrower shall promptly take all nccessary remedial actions in <br /> accordance with�nvironmental Law.Nothing herein shall create any obligation on Lender for an <br /> Environmental Cleanup. <br /> Non-Uniform Covenants.Borrowcr and Lender covenant and agree as follows: <br /> 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br /> Borrower's breach of any covenant or agreement in this Security Instrument(but not prior to <br /> acceleration under Secfion 18 unless Applicable Law provides atherwise).The norice shall specify:(a) <br /> the default;(b)the action required to cure the default;(c)a date,not less than 30 days from the date <br /> the norice is given to Borrower,by which the default must be cured;and(d)that failure to cure the <br /> default on or before the date specified in the notice may result in accelerafion of the sums secured by <br /> this Security Instrument and sale of the Property. The notice shall further inform Borrower of the <br /> right to reinstate after acceleration and the right to bring a wurt action to assert the non-existence of a <br /> default or any other defense of Borrower to acceleration and sale.lf the default is not cured on or <br /> before the date specified in the notice,Lender at its option may require immediate payment in full of <br /> all sums secured by fhis Security Instrument without further demand and may invoke the power of sale <br /> and any other remedies permitted b}�Applicable Law. Lender shall be entitled to collect all expenses <br /> incurred in pursuing the remedies provided in this Section 22,including,but not limited to,reasonable <br /> attorneys'fees and costs of title evidence. <br /> 88D1143364 8801143364 <br /> NEBRASKA-Single Family-Fennle Mael'rretltlie f�18C UNIFORM INSTRUMENT W ITH M ERS Fcrm 3D28 1 i01 <br /> VMP VMP6A(NE)(1705) <br /> N/olter�s KIUW er FinenCial Se'ViCes Page?4 0�'1� <br />