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2012Q826� <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. <br />eeo�znzo� <br />NEBRASKA-Single Famlly-Fennie Mee/Freddie Mec UNIFORM INSTRUMENT W�TH MERS <br />VMP � <br />Woltars Kluwer Ffnenciel Servicea <br />,1 � <br />eeo�z»zo� <br />Form 3028 1/O1 <br />VMPBA(NE) (1105) <br />Pege i4 of 7 <br />V �/ <br />� � <br />