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201�041�� <br />21. Haz�rdo� Substant�s. As used in this Secnon 21: (a) "Hazardous Substances" are those substauce.s <br />defined as toxic or ha�ardous substances, pollutants, or wastes by Environmentsl I,aw and the following <br />substances: gasoline, kerosene, other fiammable or toxic p�tnoteurn products, toxic pesticides and herbicides, <br />voiatile solvents pnaterials vontaiuing asbestos or fom�aldehyde, and radioactive �terials; (b) <br />"Bnvironmental Law" means f�eral laws and laws of the�unsdiction where the Property is lo� that <br />rela#e to health, safety or envimnmentai prote�tion; (c) "Envrronmental Cleanup" includes any r�ponse <br />action, remediat action, or removal action, as defined ia Environrnental Law; and (� an "Env�ronmenta! <br />Cond3Eion" meanS a Condition tttat can Cause caniribute to, or otherwise Ixigger an Environmental Cleanup. <br />Baaower shall not cause or permit the presence, use, disposal, stvrage. or release of any Ha�rdous <br />Substances, or Wreaten to release any Ha�ardous Substancss, on or in the Properiy. Boaower shall not do, <br />nor allow anyone else to do, anything affecting the Progerty (a) that is in violation of aay Environmental <br />I.aw, (b) wbich creates an Environt�ntal Condition, or {c) which, ciue to the presence, use, or release of a <br />Ha�rdous Substarn;e, creates a cond'trion that adversely aff�ts the value of the Property. The prece�ing two <br />se�ntences shal) cwt apply to ttia presence, usa, or storage on the Property of small quantities of Hazardous <br />Substances that aze generally r�ognized W be appropriate to normal rasidential uses and to maintenance of <br />the Property (including, but not limited to, bar.araous substa�►cas in consumer products). <br />B�rrower shall prompUy give Lr�der written notice of (a) any invesbgation, cisim, dsmand, lawsuit or other <br />action by any governmental or reguiatory agency or private party invoiving the Property and any Ha�rdous <br />Substance or Environmental Law of wlvch Borrower has actual knowledge, (b) any Environmental <br />Condition, mctuding but not limited to, any apilliag, leaking, di�harge, relea� or threat of release of any <br />Ha�rdous Substance, and (c) any c�ondition caused by� ti�e pre�nce, use or reiease of a Ha�ardons Substance <br />wluch adveiseiy aff�ts the vaiue of the Proporiy. If Borrower lear�, or is noti5ed by any govemmental or <br />regWatory authority, or any private party, that any removal or other remediation of any Hazardous Substacice <br />affectmg the Property is nec�sary, Borrower sliall promptly take all necessary remedial actions in <br />acxordance with Environmenta! Law. Nothing heiein sFiall cr�te any obligahon on Lender for en <br />Environmental Cleanup. <br />Non-Unifarm Covenants. Borrower and Lender covenant and agra as follows: <br />22. Actaeleration; Remedies. Lender shall give sotice to Borrower prior to acceleration following <br />Borrower°s breach of any covensnt or agreement in tdis Security Instrument (but not prior to <br />acceleraHoa under Sertioa 18 unleas Applicable Law provides otherwise� The natice shall specify: (a) <br />the default; (b) tde actlon re�uired W cure the defanit; (c) a date, not less than 30 days from the date <br />t�e aotlee Is given to Borrower, by which the defanit must be cured; and {d) that failure to cure the <br />default on or before the date specifi�l ia the notice may resnit in acceleration of t6e sums e�ared by <br />this Security Instrument and sale ai the Property. The notics shall further inform Borrower of the <br />right to reinstate after aczelerstion and the right to briag a caurt action to assert the non-existence of a <br />default or any other defense of Borrower to acceleratlon �nd sale. If the default is nor cure.d on ar <br />before the date speciSed ln the notice, Lender at its opt#on may require immedfate payment in full of <br />all sums secured by this Security Instrnareat withoat further demand and may invoke the power of sale <br />and any ot1►er rem+edies permitted by Applicable Law. Lender shall be entitled to collect all eapenses <br />incurred in pursuing the remediea provIIded in t6is Secblon 22, inclading, but not fimited to, ressonable <br />attorneys� fe� and costs of tltle evidence. <br />�� KA-Singte Famiiy-Fann�e �ealdia Mao UIdIFOAM INSTRUMENTT WIiH MERS�� Rorm 038 11a1 <br />Wokers Kluwet Fnauaal8ervmes � ��11110b1 <br />14 ut 17 <br />�� <br />