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�0120�881 <br />corrective acrion. If Applicable Law provides a time period which must elapse before certain action can be ta.ken, that <br />time period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to <br />cure given to Borrower pursuant to Section 22 and the norice of accelerarion given to Borrower pursuant to Section 18 <br />sha11 be deemed to satisfy the norice and opportunity to take corrective acrion provisions of this Section 20. <br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" aze 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 toJtic 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 envirottmental 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 condirion that can cause, contribute to, or otherwise <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 sha11 not do, nor allow anyone else to do, <br />anything affecting the Property (a) that is in violation of any Environmetttal 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 Property. The preceding two sentences shall not apply to the presence, use, or storage on the <br />Property of sma11 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, hazatdous substances in consumer products). <br />Borrower shall 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 Borrower has actual lmowledge, (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 Hazardous Substance which adversely affects the value of the Property. If <br />Borrower leams, or is notified by any govemmental or regulatory authority, or any private pariy, that any removal or <br />other remediarion of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly ta.ke all <br />necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on Lender <br />for an Environmental Cleanup. <br />NON-UTIIFORM 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 Security Instrument (but not prior to acceleration under Section 18 <br />unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action required to care <br />the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default <br />must be cured; and (d) that failure to cure the default on or before the date specified in the notice may resalt in <br />acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shall further <br />inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the non- <br />e�ristence of a default or any other defense of Borrower to acceleration and sale. If the default is not cared on or <br />before the date specified in the notice, Lender at its option may require immediate payment in full of all snms <br />secured by this Security Instrument without further demand and may invoke the power of sale and any other <br />remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing the <br />remedies provided in this Section 22, including, but not limited to, reasonable attorneys' fees and costs of title <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 notice of sale to the persons and in the manner <br />prescribed by Applicable L$w. Trustee, without demand on Borrower, shaU sell the Property at public anction 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. TYustee may postpone sale of all or any parcel of the Property by pablic <br />NEBRASKA -Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />Page 11 of 12 ( ) �/ � <br />ios, ioc. Borrower s Initial G�� <br />