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20120���0 <br />21. Hezardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances <br />defined as tolcic or hazardous substances, pollutants, or wastes by Environmental Law and the following <br />substances: gasoline, kerosene, other flammable or toxic petroleum pmducts, toxic pesticides and herbicides, <br />volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b) <br />"Em�ironmental Law" means federal laws and laws of the jurisdiction where the Property is located that <br />relate to health, safety or environmental protection; (c) "Environmerctal GZearusp " includes any response <br />action, remedial action, or removal action, as defined in Environmental I.aw; and (d) an "Environmental <br />Condition" means a condition that can cause, contn'bute to, or otherwise trigger an Environmental Cleanup. <br />Borrower shall not cause or germit the presence, use, disposal, storage, or release of azry 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 Property (a) that is in violation of any Environmental <br />Law, (b) which creates an Environmental Condidon, 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 storage on the Properly of small quantities of Hazardous <br />Substances that aze generally recognized to be appropriate to normal residential uses and to maintenance of <br />the Property (including, but not limited to, hazardous substances in consumer products). <br />Borrower shall prompfly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other <br />action by any governmental or regulatory agency or private party involving the Properiy and any Hazardous <br />Substance or Environmental Law of which Borrower has actual l�owledge, (b) any Environmental <br />Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of aay <br />Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substance <br />which adversely affects the value of the Properiy. If Borrower learns, or is notified by any governmental or <br />regulatory authority, or any private pariy, that any removal or other remediation of any Hazardous Substance <br />affecting the Property is necessary, Borrower shall prompdy take all necessary remedial actions in <br />accordance with Environmental I.aw. Nothing herein shall create any obligation on Lender for an <br />Environmental Cleanup. <br />Non-Uniform Covenants. Borrower and Lender covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give nohce to Borrower prior to acceleration following <br />Borrower's bre.ach of any covenant or agreement in this Security Instrament (bnt not prior to <br />acceleration nnder Section 18 unless Applicable Law prooides otherwise). The notice 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 notice is given to Borrower, by which the default must be cnred; and (d) that failure to cure the <br />default on or before the date specified in the notice may result in acceleration of the aums aecured by <br />this Security Instrument and sale of the Property. The notice shall further inform Borrower of the <br />right to reinstate after accelera6on and the right to bring a coart action to assert the non-e�stence of a <br />default or any other defense of Borrower to acceleration and sale. If the default is not cnred on or <br />before the date specified in the notice, Lender at its option may reqnire immediate payment in full of <br />all snms secured by this Secnrity Instrament withont fnrther demand and may invoke the power of sale <br />and any other remedies germittai by Applicable Law. Lender shall be entitled to collect all eapenses <br />incurred in pnrsuing the remedies provided in this Section 22, includiog, bnt not limited to, reasonable <br />attorneys' fees and costs of title evidence. <br />NEBRASKA-Single Femily-Farmie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS <br />VMP � <br />Woltsre Kluwer Flnencial Services <br />III IIII.■III�I IIIIIIIIIII��Illullll�'�� <br />g03305198032 0233 329 1917 <br />Form 3028 1/01 <br />VMPBA(NE) (110bl.00 <br />Paga 14 of 17 <br />