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<br />corrective action. If Applicable Law provides a time period which must elapse before certain action can be taken, that
<br />time period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and opporhuiity to
<br />cwe given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to Section 18
<br />shall be deemed to satisfy the notice and opportunity to take corrective action provisions of this Section 20.
<br />Zl. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as
<br />toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline,
<br />kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials
<br />containing asbestos or formaldehyde, and radioactive materials; (b) "Environmental Law" means federal laws and laws
<br />of the jurisdiction where the Property is located that relate to health, safety or environmental protection;
<br />(c) "Environmental Cleanup" includes any response action, remedial action, or removal action, as defined in
<br />Environmental Law; and (d) an "Environmental Condition" means a condition that can cause, contribute to, or othervvise
<br />trigger an Environmental Cleanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances, or
<br />threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, nor a11ow anyone else to do,
<br />anything affecting the Properly (a) that is in violation of any Environmental Law, (b) which creates an Environmental
<br />Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance, creates a condition that adversely
<br />affects the value of the Properiy. The preceding two sentences shall not apply to the presence, use, or storage on the
<br />Property of smali quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential
<br />uses and to maintenance of the Property (including, but not limited to, hazardous substances in consumer products).
<br />Borrower sha11 promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other action
<br />by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or
<br />Environmental Law of which Bonower has actual knowledge, (b) any Environmental Condition, including but not
<br />limited to, any spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any condition
<br />caused by the presence, use or release of a Ha�ardous Substance which adversely affects the value of the Property. If
<br />Borrower learns, or is notified by any governmental or regulatory authority, or any private party, that any removal or
<br />other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all
<br />necessary remedial actions in accordance with Environmental Law. Nothing herein sha11 create any obligation on Lender
<br />for an Environmental Cleanup.
<br />NON-LJNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Securlty Instrument (but not prior to acceleration ander Section 18
<br />unless AppHcable Law provides otherwitse). The nol3ce shall specify: (a) the defanit; (b) the actlon reqnired to cnre
<br />the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by wluch the defanit
<br />must be cured; and (d) that failure to cure the default on or before the date specified in the notice may result in
<br />acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shaU farther
<br />inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the non-
<br />ezistence of a default or any other defense of Borrower to acceleraHon and sale. If the default is not cured on or
<br />before the date specified in the notice, Lender at its optton may require immediate payment in fall of all snms
<br />secured by this Security Instrument without farther demand and may invoke the power of sale and any other
<br />remedies permitted by Applicable Law. Lender shall be enLiUed to collect all expenses incnrred in pnrsuing the
<br />remedies provided in tlus Sect3on 22, including, but not limited to, reasonable attorneys' fees and costs of tttle
<br />evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the
<br />Property is located and shall mail copies of such notice in the manner
<br />prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the
<br />time required by Applicable Law, Trustee shall give public not3ce of sale to the persons and in the manner
<br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at public auctlon to
<br />the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels
<br />and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public
<br />NEBRASKA -Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01
<br />Page 11 of 12 /�
<br />ias, inc. Borrower(s) Initiatsal ,_ �
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