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�U � �u � 348
<br /> LOAN#:14086776
<br /> Neither Borrower nor Lende�may commence,join,or be joined to any judicial action(as either an
<br /> individual litigant or the member of a class)that arises from the other party's actions pursuant to this
<br /> Security instrument or that alleges that the other party has breached any provision of,or any duty owed
<br /> by reason of,this Security Instrument,until such Borrower or Lender has notified the other party(with
<br /> such notice given in compliance with the requirements of Section 15)of such alleged breach and afforded
<br /> I the other party hereto a reasonable period after the giving of such notice to take corrective action. If
<br /> Applicable Law rovides a time eriod which must ela se before certain action can be taken,that time
<br /> P P p
<br /> period will be deemed to be reasonable for purposes of this paragraph.The notice of acceleration and
<br /> opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given to
<br /> Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective
<br /> action provisions of this Section 20.
<br /> 21. Hazardous Substances.As used in this Section 21:(a)"Hazardous Substances"are those
<br /> substances defined as toxic or hazardous substances, pollutants, ar wastes by Environmental Law
<br /> and the following substances:gasoline, kerosene,other flammable or toxic petroleum products,toxic
<br /> pesticides and herbicides,volatile solvents,materials containing asbestos orformaldehyde,and radioactive
<br />� materials;(b)"Environmental Law"means federal laws and laws of the jurisdiction where the Property
<br /> is located that relate to health,safety or environmental protection;{c)"Environmental Cleanup"includes
<br /> any response action,remediai action,or removal action,as defined in Environmental Law;and(d)an
<br /> "Environmental Conditfon" means a condition that can cause, cantribute to, or othervvise trigger an
<br /> Environmentai 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 Proper#y. Borrower shail
<br /> not do, nor allow anyone else to do, anything affecting the Property (a) that is in violation of any
<br /> Environmental law, (b)which creates an Environmental Condition,or(c)which,due to the presence,
<br /> use,or release of a Hazardous Substance,creates a condition that adversely affects the value of the
<br /> Property.The preceding two sentences shall not appiy to the presence,use,or storage on the Property
<br /> of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal
<br />' residential uses and to maintenance of the Property(including,but not limited to,hazardous substances
<br /> in consumer products).
<br /> 8orrower shall promptly give Lender written notice of(a)any investigation,claim,demand,lawsuit
<br /> or other action by any governmental or regulatory agency or private party invoiving the Property and
<br /> any Hazardous Substance or Environmental Law of which Borrower has actuai knowledge, (b)any
<br /> Environmental Condition,including but not limited to,any spilling,leaking,discharge,release or threat
<br /> of release of any Hazardous Substance,and(c}any condition caused by the presence,use or release
<br /> of a Hazardous Substance which adversely affects the value of the Property.If Borrower leams,or is
<br /> notified by any governmental or regulatory authority, or any private party, that any removal or other
<br /> remediation ot any Hazardous Substance affecting the Property is necessary,Borrower shall promptly
<br /> take all necessary remedial actions in accordance with Environmental Law.Nothing herein shall create
<br /> any obligation on Lender for an Environmental Cleanup.
<br /> NON-UNIFORM COVENANTS.Borrower and Lender further covenant and agree as follows:
<br /> 22. Acceleratlon; Remedies. Lender shall give notfce to Borrower prior to acceleration
<br /> foliowing Borrower's breach of any covenant or agreement i�this Security Instrument(but not
<br /> prior to acceleration under Section 78 unless Applicable Law provides otherwise).The notice
<br /> shall specify:(a)the default;(b)the action required to cure the default;(c)a date,not less than
<br /> 30 days from the date the notice is given to Borrower, by which the default must be cured;
<br /> and (d)that fallure to cure the default on or before the date specifled in the notice may result
<br /> in acceleration of the sums secured by this Security Instrument and sale of the Property.The
<br /> notice shall further inform Borrower of the right to reinstate after acceleration and the right to
<br /> bring a court action to assert the non-existence of a default or any other defense of Borrower
<br /> to acceleration and sale.If the defauit is not cured on or before the date specified in the notice,
<br /> Lender at its option may require immedlate payment in full of all sums secured by this Securlty
<br /> Instrument without further demand and may invoke the power of sale and any other remedies
<br /> permitted by Applicable Law.Lender shall be entitled to collect all axpenses incurred in pursuing
<br /> the remedies provided in this Section 22,including,but not limited to,reasonable attorneys'fees
<br /> and costs of title svidence.
<br /> If the power of sale is invoked,Trustee shall record a notice of default in each county in which
<br /> any part of the Property is located and shall mail copies of such notice in the manner prescribed
<br /> by Applicable Law to Borrower and to the other persons prescribed by Applicable Law.After the
<br /> time required by Applicable Law,Trustee shali give pubiic notice of sale to the person�and in the
<br /> manner prescribed byAppUcabie Law.Trustee,without demand on Borrower,shall seil the Property
<br /> at public auction to the highest bidder at the time and place and under the terms designated i�the
<br /> notice of sale in one or more parcels and in any order Trustee determines.Trustee may postpone
<br /> sale of all or any parcel of the Property by public announcement at the time and place of any M�„ /
<br /> previously scheduled sale.Lender or its designee may purchase the Property at any��J,, i G�� �aa QfG�'1�
<br /> Initiais: �/�� � �
<br /> NEBRASKA—Single Family—Fannie MaefFreddie Mac UNIFORM INSTRUMENT Fortn 3028 1/01
<br /> Ellie Mae.Inc. Page 10 of 11 NEEDEED 1212
<br /> NEEDEED
<br /> 1Q/02/2014 10:19 AM PST
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