|
��1 5�67��
<br /> 21. hlazardous 5ubstances. As used in this Secti�n�1: (a3 "Hazardous Substarrces"are those substances
<br /> defined as taxic ar ha2ardvus substances,pallutants,or wastes by En�ironmental Law and the follnwing
<br /> �ubstances: gasoline,kero�ene, ather flammable�r taxic petr�leum products,taxic pesticides and herbicides,
<br /> vo�ati�e so��ents, ma�eria�s contaxn�ng asbestos or farr�.aldehyde,and rad�oactive materials; �b�
<br /> "�nvrranrner��a�Law"m�ans federal laws and�aws of the jurisdiction where the Property is located that
<br /> relate ta health, safety or en�ironmental prat�ction; tc} "Envira�men�al C"lear2�rp"includes any re�ponse
<br /> action, remedial action, or remv�al action,as defined in En�ironmental Law;and�d�an "ErrvJro�mental
<br /> Ca�drtion"means a candition that can cause,can�ribute to, or atherwise trigger an Environmentai�leanup.
<br /> $orrower shall not cause or permit the presence,use, dispv�al, storage, or reteas�of any Hazardous
<br /> Sub�tances, or threaten to reiease any Hazardous Substances,on or in the Property. Borrower shall nvt do,
<br /> nor allow anyone else to do,anything affec�ing the Property�a}that is in�iolation of any Environmental
<br /> Law,�b}which creates an Environmental�vndition,or{c}which, due�o the presence,use,or release of a
<br /> Hazardous Substance, �reat�s a cvndition that adv�rsely affects the�alue of the Property.The pre�eding tw4
<br /> sentence�shall not apply to�he presence, use, or storage on�he Property vf small yuantities of Hazardous
<br /> Substances that are g�nerally recognized ta be apprapriate to normal residential uses and ta maintenance of
<br /> the Property tinc�uding,but not Iimited to,hazardaus substances in consumer praducts}.
<br /> Borrower shall promptly gi�e Lender written nvtice of�a)a.ny investigation,cla�m,demand,lawsui�or other
<br /> action by any go�ernrnental or regulatory agency or private party invalWing the Property and any Ha�ardous
<br /> Substance ar En�iranmental Law of which$orrower has actual knawledge,(b}any En�iranmental
<br /> �andition,including but not limited tv,any spilling,ieaking,discharge,release or thr�at of release of any
<br /> Hazardous Substance,and(c�any condition caused by the presence,use or release�f a Hazardous Substance
<br /> which ad�ersely affects the�alue of the Property. If Barrawer�ea.rns,ar is notified by any gavernmental or
<br /> regulatory authority,ar an�private party,that any remova�or other rem�diation of any Hazardaus Substance
<br /> affecting the Property is necessary,Ba�r'ower shall promptly tal�e a11 necessary rem�dial actians in
<br /> accordance with En�ironmental Law. �Tothing herein sha11 create any obligation on Lender far an
<br /> En�ironmenta�Cleanup.
<br /> NDn-Unifarm Cov�nanfs. Borrawer and Lender cvvenant and agree as folraws:
<br /> �2. Acceleration; Remed�es. Lender�hall give notice to Bnrrower prior to acceleration following
<br /> Borrower's breach af any covenant or agreernent in thi5 Security Instrument tbut nvt prior to
<br /> acceleration under Section I8 unless Applicable Law pro�ides otherwise}.The notice shall specify: (a�
<br /> �he defau�t;�b}t�e act�on requ�r�d tQ cure the d�fault; (c}a date,n�t less than 3�da�s from the da�e
<br /> the notice is given to Borrower,by which the default must Ue cured;and(d�that failure to cure the
<br /> default on or before the date specified�n the notice may result in acceleration af#he sums secured by
<br /> this 5e�urity Instrument and sal�vf the P'roperi�.The notice sha11 further infarm Barrow�r af the
<br /> right to reins�ate after accelera�ion and th�right ta bring a cau.rt action to assert the non-existence af a
<br /> d�fauit ar any other defense of Borrower ta accelera�ian and sa1e.I�the defau�t�s not cux-ed or�or
<br /> befare�he date specified in the not�ce,Lender at its option may require imm�diate payment in fuli af
<br /> a11 sums se�ured by this 5�curity Instrument without further demand and may invoke the gower uf sale
<br /> and any other remedi�s permitted by Applicable Law. Lender sha11 be entitled to eallect aii exp�nses
<br /> incurred in pursuing the rexnedies provided in thi� 5ection 22, including,l�ut not limit�d ta,reasvnahle
<br /> attorneys` fees and costs of titie e�idence.
<br /> 159�66753 a4921�4744
<br /> N�BRASICA-Singfa Family-Fa�nie MaelFreddi�Mac 11H�F�RM INSTRUMENT WITH M�RS Farm 3D�8 11�1
<br /> VMP @ VMP6A[N�)[13p2).Q�
<br /> Walters I(luwer Financia!Ser�icas Paga i4 af 17
<br />
|