|
��14�7495
<br /> ��I. Hazar�d�usSubstances.As use�in�his Se�tian�1: �a} ".�azarc�ou.�S`uh.sta�ee.s"are those sub�ta.nces
<br /> �efined as�axic or ha�ard�us s�bs�a.�c�s,p�l�utants,ar wa�tes by Enviranm�nta��,a�and t��follo�ving
<br /> 5ubstances: gasoline,kerosene,other flammable ar toxic pe#r�leu�n products,toxic pesticides and herbicides,
<br /> va�ati�e soi�ents, materials containing asb�st�s�r farma�dehyde, and radioactive materiaXs; �b�
<br /> "�rtviro��ner�tal Law"mea�s fed�ral�ativ�and laws of the�uris�iction where the Proper�y is located that
<br /> re�ate t�heal�h, safety or en�r�ronri�en�a�pr�tection; (c) ".�r�virorc�ae�ttal�`le�r�up"inc�udes an�re�ponse
<br /> a�t�on, remediai actran, o�'rem��al acti�n, as defined in Enviranrnental La�v; and(d) an ".��viron�rte�tal
<br /> �'o�dition"means a c�nditian tha�can cau�e� con�ri�ute to, ar atherwise tri�ger an Environmenta�Clear�up.
<br /> ��nower sha�1 not caus�or permit the presence,�use,dispos�l, storag�,or release of an�Hazardous
<br /> Su�bsta.nces,or threat�n to re�ease any Ha�ardaus Su�st.�nces,on or in the F'roperty.Borr��rer shall not do,
<br /> nor all�w anyone e�se ta�o,anything affecting the Pragerty(a}that�s in�iolat�on of any Environmental
<br /> La�u, (b)which crea�es an Environ�men�a.1 Gandition,ar(c}�hxch,due to�he presence,use,or release of a
<br /> Hazardaus Substanc�,creates a co�dition that adversely affeets the va�ue of the Property. The precedi�.g two
<br /> s�ntence�sha11 not appl�to the pr�sence,use,or starage on�he PrQperty of�mall qua�.tities af Hazaxdous
<br /> Subs�a.nces that a.re generally recagnized ta be appropriate t�norma�residential us�s and to maintenance�f
<br /> the Property�inc�udin�,bu�na�lim�ted to,hazardvus substances in�onsumer products}.
<br /> Borrower sha�l promptly g�ve Lender wr�tten n�tice of�a)any in�estfgatian,��aim,demand, lawsuit or other
<br /> action by�any governmental or r�gulatory agen�y or priva�e party invol��ng th�Property and any Hazard�us
<br /> Subs�a.nce or En�ironment�l Lativ of v�hich F3ono�er has actual kno�ledge, (b}any En�ironm�nta.�
<br /> Condition, including but n.ot limited to,any�pi�l�ng, �eal�ing,discharge,release�r�brea�of release�f any
<br /> Hazardous Substance,and�c)any candition caused by the presence,use or r�lease af a Hazaxdaus Substan��
<br /> �hich adversely affects the va�ue�f the Property. �f Borro�er learns,or is no�ified b�any governmental�r
<br /> regulatory author�ty,ar any private party,that any remo�al ar other remediation af any Hazardous Substance
<br /> a�`fecting the Proper�y is n�cessa.ry,Borrow�r shal�promptly ta.k�a��necessary remedial actio�s in
<br /> accordance with�n�ironmental Law.Nothing he�ein sha�l cTea�e any obligat�on on Len.der for an
<br /> �nvuonmen�ai�leanup.
<br /> Nvn-Un�form�Qvenants.Borr�wer and Lender cavenant and agree as follows:
<br /> ��. A�c��ler���on;'R�med�es.Lend�r sh��l g����no�i�e to�a�ro�e�prior t�accel�ration�allavr�ing
<br /> �orrov�er's breach�f any ca�enant�r agreem�nt in�his Security Instrumen��but n�t prior to
<br /> �cceiera�ian under Secti�n 18 unless Appl�cabl�La�v pr�v�des�thervv�se}.The n����e sh�il specify: (a}
<br /> the default; �b�the act��n required�a cure th�default; {c}a dat�,n�t less than��d�ys from t�e date
<br /> the notice is�i�en ta Barrower,by►�vhich the default must be cured; and�d�that failure to cure the
<br /> default vn or bef�re the date spec�f�ed in the natice may�result in a�celerativn�f the sums secured by
<br /> th�s S��urity Instrument and sale tif the Fraperty.The n�tice sha�I further�nform�.Barrower�f the
<br /> right to�'einstate after a�celeration and the ri�ht to brin�a c�urt a�t�vn��assert the n�n-�xi�ten�e of a
<br /> default or any ot�e�r defense of�vrrower to ac�eleratian and sale.If the def�u�t is not cured on or
<br /> b�fore t�e date spe�ified in the notice,I�end�r at its aptiQn may require immed�a�e pa�ment in fu�l�f
<br /> a��sums�ecured by th�s�ecurity Instrument withvut further demand and may inv�ke th�power af sa�e
<br /> and any other re�ne�ies�permitted b�Ap��icab�e La�v.Len�er sha�l��entitled ta colle�x�11 expenses
<br /> incurred in pursui�.g the remedies prov�ded in this��etion 22,including,but nvt lin��ted ta,re��onable
<br /> attarn�ys'fees and�asts of t�t�e��idence.
<br /> qa33�9378858 ��33 3?5 1417
<br /> NEBRASKA-SingEe F�mily-Fannie Mael�reddie Mac LiNiF�RA�INSTR�MENT WETH MERS Form 34�8 110�
<br /> VMP� 11M�RGA�4�E}��342).44
<br /> Wolters Kluwer Finar�cia!Service� Page�4 of 17
<br />
|