����U606�
<br />21. Hazardous Substances. As used 'm this Section 21: (a) „ Hazardous Substances" are those substances
<br />definefl as toxic or hazardous substanc�, pollutants, or wastes by Environmental Law and the following
<br />substances: gasoline, kerosena, other flammable or toxic petiroleum praducts, toxic pesticides and herbicidea,
<br />volatile solvents, materials containing asbe.stos or formaldehyde, and radioactive materials; (b)
<br />"Emirorrmental Law" means federallaws and laws of the jurisdiction where the Property is located that
<br />relate to health, safety or environmental protection; (c) "Emironmental Clemzup" includes any re.gponse
<br />action, rem�ial action, or removal action, as defined in Environmental Law; and (� an �
<br />Condition" �s a condition that can cause, contribute to, or othervvise trigger an Environmental Cleanup.
<br />Borrower sha11 not cause or permit the presence,. use, disposal, storage, or release of any Hazazdous
<br />Substances, or threaten to release any Ha�rdous Substances, on or in the Property. Borrower shall not do,
<br />nar allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental
<br />Law, (b) which creat� an Environmental Condition, or (c) which, due to the pre,gence, use, ar release of a
<br />Hazardous Substanca, creates a condition that 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 quantities of Ha�rdous
<br />Substances that are generally recognized to be appropriats to normal residential useg and to maintenance of
<br />the Progerty (including, but not limited to, ha�rdous substances in consumer praducts).
<br />Borrower sl�all promptly 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 wluch Borrower has actual knowledge, (b) any Environmental
<br />Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of any
<br />Hazardous Substanca, and (c) any condition caused by the presence, use ar releasa of a Hazardous Substance
<br />wluch adversely affects the value of the Property. If Bonower learns, or is notified by any governmental or
<br />regulator3' authoritY. ��Y Pn� Pffi'h'. that any removal ar other remediation of any Ha�rdous Substance
<br />affecting the Properiy is necessary, Bonower svall promptly take all necessary remedial actions in
<br />accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an
<br />Environmental Cleanup.
<br />Non-Uniform Covenants. Borrower and Lender covenant and agr� as follows:
<br />22. Acceler8tlon; Remedles. Lender shall give notice to Borrower prlor to acceleradon following
<br />Borrower's breach of any covenant or a�reement in thiss 5ecurlty Inatrument (bnt not prior to
<br />acceleration nnder Section 18 nnless AppHcable Law provide,s otherwise). The notice shall specify: (a)
<br />the default; (b) the action reqnir� to cure the defanit; (c) a date, not less than 30 days from the date
<br />the noi3ce is given to Borrower, by which the defanit mnst be carefl; and (d) that failnre to cnre the
<br />defanit on or before the date specifled in the nofice may tesnit in acceleration of the snms secnre,�i by
<br />this Secnrlty Instrament and sale of the Progerty. The notice shall farther inform Borrower of the
<br />rYght to reinstate after acceleratlon and the right to bring a court action to assert the non-esistence of a
<br />defanit or any other defense of Borrower to acceleration and sale. If the defanit is not care,d on or
<br />before the date specifletl in the notice, Lender at its optlon may reqnire immediate payment in fnll of
<br />all snms secnre,ci by this Securlty Instrament wlthout further demand and may invoke the power of sale
<br />and any other remedi� permitted by Applicable Law. Lender shall be entftled to collect all ezpenses
<br />incurre.�i in pnrsoing the remedies provlded in tLis Section 22, includfng, bnt not lfmited to, reasonable
<br />attorneys' fces and costs of title evidence.
<br />NEBRASKASingle FamOy-FenNe Mae/Freddle Meo UNIFORM INSTRUMENT WITH�MER Form 3038 1/01
<br />VMP (q� VMPBA(NE) 11106)
<br />WMtme Kqrvver F6�Mel Serv{aes Pege 14 of 17
<br />
|