|
� ��15�4���
<br /> . ,
<br /> �
<br /> �
<br /> Neithe r Borrovve r nor L,�nder may eommenc�,j ain,or be j oined to any j udicial action tas either an
<br /> indi�idual litigant or the member of a classj that a.rises from the other paxty'$a�tions pursuant to this
<br /> Security Instrument or that allege�that the other party h�s breached any provision�f,or any dut�vwed
<br /> b�reason of,this Security Instrum�nt,until such Borrower or Lender has no�ified the other party(vvith
<br /> su�h notice gi�en in compl�an�e vvith the requirements of Section 15}of such ai�eged breach and afforded
<br /> � the other par�y heret�a reasonable period af�er the giving of such notice to take correct�ve action. If
<br /> � Appl�cable Lavv provides a time period�vhich must elapse before�rtain action can be taken,that time
<br /> period vvi1�be deemed to be reasonab�e for purposes of this paragraph. The natic�of ac�ele�ati�n and
<br /> � app�rtunity to cure gi�en to B�rro�er pursuant to Section��and the not�ce of a�celeration gi�en to
<br /> B�rrovver pursuant t�Se�tion 1 S sha11 be deemed t� satisfy the notice and�pportunity to take carre�tive
<br /> action pra�isions of this Section��.
<br /> �'!. Hazar�ous Substan�s. A5 L15�C�lri�115 SeCtl�ri 21: �a) "H�Z�Ci�L15 Sll�?S�1C�5�� axe those
<br /> substances defined as to�ic or hazaxdous substances,pollutants,or�astes by Environmental Law ar�d
<br /> the follo�ing substan�es:gasaline,kerosene,other flammable or toxic petrfl�eum products,tox�c p�sti�ides
<br /> and herhicides,�o�afiile so�verits,materials c�ntaining a�bestos or formaldehyde,and ra►di�aet��e materials;
<br /> �b} "Envir�nmenta.l Lavv"mear�s federa�.�avv�and lavvs of the jurisdiction vvhere the Propert�is lo�ated
<br /> that relate to health,safety or enviranmenta,l protection; [c} "Environm�ntal C�eanup" includ�s any
<br /> response actiori,remedial a�tion,or remaval actian, as defined in Envir�nm�ntal Lavv;and(d)an
<br /> "Envirorim�nta��onditi�n"means a condit�on that can cause,c�ntribute to,�r otherwis�trigger ar�
<br /> Environmental C�e anup.
<br /> Borr�wer sha11 not cause or p�rmit the presence,use,C�15�]�5�, storag�,or release of any Hazar�lous
<br /> Sub stance s,or thre aten t�re�ease any Ha.zardous Sub stance s,on or�n the Prope rty. B orrowe r sha11 nat
<br /> do,nor a11o�v anyone��se ta do,anything affe�ig the Property(a}that is in vio�ation of any Envirorim�nta,l
<br /> Lavv,�b)which creates an En�iror�menta.l�vndition,ar(c}which,due to tlie presence,use,ar release of
<br /> a Haz,�rdnus Substance,creates a cond�tion that ad�erse�y affe�ts the value of the Property.The preceding
<br /> tv�o sentenc�s shall not apply to the presence,use,ar stora.ge on th�Proper�y of sma11 quantitie�of
<br /> Hazardous Substax�ces that are generally recogni2ed to be appr�p�ate to nnrmal resideritial uses and to
<br /> rnaintenance of th�Praperty(including,but not limited to,hazardous substances in�onsumer pr�ducts}.
<br /> Borro��r shali promptly give L�nder�ritten n�tice�f ta}any investigation,cla,im,d�mand,�avvsuit or �
<br /> other action by an�governmental or regulator�ag�ncy or privat�par�inva�vin�the Propert�and an�r �
<br /> Hazardaus Substaxice or Environmental Lavv of whi�h Borrovver has aCtual know�edge, [b}any
<br /> Environment�l��ndition,in�luding but n�t limited to,any spi�lin�,leaking,discharge,release or threat
<br /> of release of any Hazard�us Substance,and(c}any�onditi�n caused by the presence,use or r�iease of
<br /> a Hazardous Substan�e which advers�ly a�fects the value of the Proper�.If Bflrrawer learns,or is notified
<br /> by any governmental or regulat�ry authority,or any private party,that any removal ar ather r�med�ation
<br /> of any Hazardous Substa�ice a.ffe�ing the Pr�perty is ne�essa.ry,Borr+awer sha11 promptly take a11 necessary
<br /> remedia�actions in acc�rdar�ce with Environmental Law.Nothing here�n sha1�create any ob��gati�n on
<br /> Ler�der for an En�ironmenta��lear�up. � .
<br /> N on-U nif�rm Co�enants. Borrovver and L�nder fur�her�ovenar�t and agre�as f�llovvs:
<br /> ,
<br /> ��:Accelerati�n; R�medies. Lender shall �i�e notice to Barr�wer pri�r to acceieratian
<br /> fallawing Borr�wer's breach af any co�enan� or agreement in thi� Security Instrument �but
<br /> ,
<br /> HCFG-00359
<br /> NEgRRSKA=Single Fami�y-Fannie MaelFreddie Mac UNIF�RM 1N5TRLIMENT Forrn 3�2811D1
<br /> VMP� � �8114
<br /> Wofters Kluwer Financial Sen►ioes . 2015052�'#�.1 A.3112-J20150123Y Page 14 of 17
<br /> *B107482'I 5219*
<br /> �
<br /> �
<br /> .
<br />
|