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201204�9+
<br />compliance with the requirements of SecUon 15) of such alleged breach and afforded the other party hereto a
<br />reasonable period after die giving of such notice to take corrective action. If Applicable Law provides a tune
<br />period wluch must elapse before certain action can be taken, that time period will be deemed to be reasonable
<br />for purposes of tlus paragraph. The noUce of acceleration and opportunity to cure given to Borrower pursuant
<br />to Section 22 and the notice of acceleration given to Borrower pursu�uit to Section 18 shall be deemed to
<br />satisfy the notice and opporiunity, to take correcUve action provisions of tlus Section 20.
<br />21. Hazardous Substances. As used in this Section 2 L• (a) "Hazardous Substances" are those substances
<br />defined as toYic or hazardous substances, pollutants, or wastes by Envirorunental Law and the following
<br />substances: gasoline, kerosene, other flammable or to.r•ic petrolewn products, to�c pesticides and herbicides,
<br />volatile solvents, materials containing asbestos or fonnaldehyde, and radioactive materials; (b) "Environmental
<br />Law" means federal laws and laws of the jurisdiction where the Property is located that relate to l�altl�, safety
<br />or em�iromnental protection; (c) "Envimnmental Cleariup" includes anv response action, remedial action, or
<br />removal action, as defined in Enviromnental Law: anti (d) an "Environmental Condition" means a condition
<br />that can cause, contribute to, or otl�envise trigger an Em�iromnental Cleanup.
<br />Borrower sl�all not cause or permit the presence, use, disposal, storage, or release of any Hazardous
<br />Substances, or du�eaten to release any Hazardous Substances, on or in tl�e Property. Borrower shall �t do,
<br />nor allow anyone else to do, anytlung affecting the Property (a) tl�at is in viola6on of an,y Environmental
<br />Law, (b) which creates an Environmental Condition, or (c) whicl�. due to the presence, use, or release of a
<br />Hazardous Substance, creates a condition tl�at adversely affects the value of the Properiy. The preceding two
<br />sentences shall not apply to the presence, use, or storage on the Property of small quanfiUes of Hazardous
<br />Substances tllat are generally recognized to be appropriate to norn�al residential uses and to maintenance of
<br />the Property (including, but not limited to, l�azardous substances in consumer products).
<br />Borrower shall promptly give Lender written nodce of (a) any investigation, claim, demand, lawsuit
<br />or odier action by airy govenunental or �gulatory agenc,y or private pafty itrvolving the Property and any
<br />Hazardous Substance or Enviromnental Law of wluch Borrower l�as actual knowledge, (b) any Emironmental
<br />Condition, including but not limited to, any spilling, leaking, discharge, release or tlueat of release of any
<br />Hazardous Substance, and (c) any condition caused by the prese�e, use or release of a Hazardous Substance
<br />which adversel,y affects the value of the Property. If Borrower learns, or is noUfied by any governmental or
<br />regulatory authority, or any private pariy, that any removal or other remediation of any Hazardous Substance
<br />affecting the Propert,y is necessary, Bonower shall promptly take all necessary remedial ac6ons in acco�iance
<br />with Environmental Law. Notlung herein shall create any obligation on Lender for an Erivironmental Cleanup.
<br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration follo�ving
<br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration
<br />under Section 18 unless Applicable Law provides otherwise). The notice shall spec�y: (a) the default; (b) the
<br />action required to cure the default; (c) a date, not less than 30 days froro the date the notice is given to
<br />Borrower, by �vhich the default must be cured; and (d) that failure to cure the default on or before the date
<br />specitied in the notice may result in acceleration of the sums secured by this Security Instrument and sale
<br />of the Property. The notice shall further inform Borrower of the right to reinstate at'ter acceleration and
<br />the right to bring a court action to assert the non-esistence of a default or any other defense of Borrower
<br />to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at
<br />its option may require immediate payment in full of all sums securecl by this Security Instrument without
<br />further demand and may invoke the power of sale and any other remedies permitted by Applicable Law.
<br />Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this Section
<br />22, including, but not limited to, reasonable attorneys' fees and costs of title evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which
<br />any part of the Property is located and shall mail copies of such notice in the manner prescribed by
<br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time
<br />required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner
<br />NEBRASkA—Single Famil,y—Fannie MuelFreddie Mac UNIFORM INSTRUMENT Form 30281/Ol
<br />NEBRASKA-MERS GreatDas�'
<br />ITEM 2698L12 (072811) (Page 12 of 95)
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