|
201208268
<br /> 21. HaZardousSubst2nCeS.As used in this Section 21: (a) "Hazardous Substartces"are those substances
<br /> defined as toxic or hazazdous substances,pollutan[s,or wastes by Environmental Law and the following
<br /> substances: gasoliue,kerose¢e,other flammable or toxic petroleum products,toxic pesticides and herbicides,
<br /> volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b)
<br /> "Environmental Law"means federal laws and laws of the,jurisdiction where the Property is located that
<br /> relate[o health, safety or environmental protection; (c) Environmental Cleanup"includes any response
<br /> actio¢, remedial action, or removal action, as defined in Environmental Law; and(d)an "Envirorsnreretal
<br /> Condition"means a condition that can cause, conuibute to, or otherwise trigger an Environmental Cleanup.
<br /> Borrower shall not cause or permit the presence,use,disposal, storage,or release of any Hazardous
<br /> Substances, or threaten to release any Hazardous Substances,on or in the Property. Borrower shall not do,
<br /> nor allow anyone else to do,anything affecting the Property(a)that is in violation of any Environmental
<br /> Law, (b)which creates an Environmental Condition,oc(c)which, due to the presence,use, or release of a
<br /> Hazazdous Substance,creates a wndition that adversely affects the value of t6e Property. The preceding two
<br /> sentences shall not apply to the presence,use,or storage on t6e Property of small quantities of Eazardous
<br /> Substances that are generally recognized to be appropriate to normal residential uses and ro maintenance of
<br /> the Property(including,but not limited to,hazazdous substances in consumer products).
<br /> Borrower shall promptly give Lender written notice of(a)any investigation,claim, demand, lawsuit or other
<br /> action by any governmental or regttlatory agency or private party involving the Property and any Hazazdous
<br /> Substance or Envuonmental Law of which 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 Substance, and(c)any eondition caused by the presenee,use or release of a Hazazdous Substance
<br /> which adversely affects the value of the Property. If Borrower leazns, or is notified by any govenunental or
<br /> regulatory authority,or any private pazty,that any removal or other remediation of any Hazazdous Substance
<br /> affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in
<br /> accordance with Environmental Law.Nothing herein shall create any obligatiou on Lender for au
<br /> Envuonmeutal Cleanup.
<br /> Non-UniformCovenants.Borrower and Lender covenant and agree as follows:
<br /> 22. Acceleration;Remedies.Lender shall give noHce to Borrower prior to acceleration following
<br /> Borrower's breach of any covenant or agreement in this Security Instrument(but not prior to
<br /> acceleration under SeMion 18 unless Appiicable Law provides otherrvise).The notice shall specify: (a)
<br /> the defauit; (b)the actiou required to cure the default (c) a date,not less than 30 days from the date
<br /> the notice is given to Borrower,by which the default must be cured; and(d)that failure to cure the
<br /> default on or before the date speciIIed in the notice may result in acceleration of the sums secured by
<br /> t6is Security Instrument and sale of the Property. T6e notice shall further inform Borrower of the
<br /> right to reinstate after acceleration and the right to bring a court action to assert the non-existence of a
<br /> default or any other detense of Borrower to acceleration and sale.If the default is not cured on or
<br /> beFore the date specified in the notice,Lender at its aption may require immediate payment in full of
<br /> all sums secured by this Security Instrument without Further demand and may invoke the power of sale
<br /> and any other remedies permitted by Applicable Law.Lender shall be entitled to collect all expenses
<br /> incurred in pursuing the remedies provided in this SecHon 22,including,but not limited to, reasonable
<br /> attorneys'fees and costs of title evidence.
<br /> NEBfiASKASingie PamilyFannie Mae/Freddie Mac 11NIFORM INSTRUMENT WITH MERS Form 3028 1/01
<br /> VMP� f�VMPBA(NE)�1105).00
<br /> III II'I�Illrll III`IIII I'lll IIIIII IIIIIIIIIIII'��I� Ci/J�� G Page 14 W 17
<br /> q03310769901 0233 185 1417 U
<br />
|