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<br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" aze those substanc�
<br />defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following
<br />substances: gasoline, kerosene, 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 federallaws and laws of the jurisdicrion where the Property is located that
<br />relate to health, safety or environmental protecrion; (c) "Environmental Cleanup" includes any response
<br />action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmentad
<br />Condition" means a condition that can c�use, contribute to, or otherwise trigger an Environmental Cleanup.
<br />Borrower shall not cause or pernrit 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, or (c) which, due to the presence, use, or release of a
<br />Hazardous Substance, cre,ates a condition that adversely aff�ts the value of the Properiy. The preceding two
<br />sentences sha11 not apply to the presence, use, or storage on the Properiy of small quanrities of Hazardous
<br />Substances that are generally recognized to be appropriate to normal residenrial uses and to maintenance of
<br />the Property (including, but not limited to, ha�arrdous 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 govemmental or regulatory agency or private party involving the Property 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, dischazge, release or threat of release of any
<br />Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substance
<br />which adversely affects the value of the Property. If Bonower leams, or is notified by any governmental or
<br />regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance
<br />affecting the Property is ne�essary, Borrower shall promptly take a11 necessary reme�ial acrions in
<br />accordance with Environmental L,aw. Nothing herein sha11 create any obligation on Lender for an
<br />Environmental Cleanup.
<br />Non-Unlform Covenants. Bonower and Lender covenant and agree as follows:
<br />22. Acceleratlon; Remedies. Lender shall give notice to Borrower prior to acceleration following
<br />Borrower's breach of any covenant or agreemen� i'n'this Security Instrument (but not prior to
<br />acceleration under Section 18 unless Applicable Law provides ot6erwise). T6e notice shall specify: (a)
<br />the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date
<br />the notice is given to Borrower, by whic6 the default must be cured; and (d) that failure to cure the
<br />default on or before the date specifled in the notice may result in acceleration of the sums secured by
<br />this Security Instrument and sale of the Property. The notice shall furt6er inform Borrower of the
<br />right to reinstate after acceleration and the right to bring a court action to assert the non-egistence of a
<br />default or any other defense of Borrower to acceleration and sale. If t6e default is not cured on or
<br />before the date specit3ed in the notice, Lender at its option may require immediate payment in full of
<br />all sums secured by this Security Instrument without further demaad and may invoke the power of sale
<br />and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all ezpenses
<br />incurred in pursuing the remedies provided in tWs Section 22, including, but not limited to, reasonable
<br />attorneys' fees and costs of tltle evidence.
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<br />NEBRASKA-Single Famlly-Fennie Mee/Freddie Mec UNIFORM INSTRUMENT W�TH MERS
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<br />Woltars Kluwer Ffnenciel Servicea
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<br />Form 3028 1/O1
<br />VMPBA(NE) (1105)
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