|
2� 1 ���38�
<br /> Ne��he�•���-�o�e�nor Le�.de�may c�rnme�ce,j oin, ❑r be j��ned�o any judicial actior�{as ex�he�•an
<br /> individua��i�zga�.�or t�ze mem�er af a elass}�ha�arises�r�m�he a�her party's act�ox�s pursL�ar�t�a�his
<br /> Sect�ri�y Inst�2�mez1�o��ha�al�eges�ha���ae o�:her pa�ty has breached any prav�sio�.nf, or any dL�ty owed
<br /> by reason of,��a.zs SecL�r�t�r Ins�rr.�ment,un�i1 s�.�ch Barrov�rer or Le�zc�er has no��f��d�he nthet�partiy�w��h
<br /> such�.ot�ce given��.compliax�ce�i�h�he requirements�f Sec�io�. 1 S}of si�ch a�leged breach a�.d affo�•ded
<br /> ���e other par�y he�•et�a reasona��e pe��i�d af�er�he giving af st�c��.no�i�e�o�ake co�•rec�i�e�c��n�.. If
<br /> Applxca�b�e Lau�p�•�v�des a ti��e peri�d w��ich xnust�Xapse before certa�n act��n ca�be�ak��,�ha�tirn.e
<br /> per�od wil�be deemed�o be reasanable f�r purposes of�his paragraph. The no�ice of acceXer�.��o��and
<br /> op�a�u�a.�ty t�cl��.:e given.�o Bor-�ower pt�rsuan��o Sec�ion Z2 and�he�lo�i�e�f accel�ratio�a.g�ven�o
<br /> B��ra�ver pursL�an�to Sectxon 18 shal�be c�eexned t�satisfy�h�na��ce�.nc�oppartunity to�a��e�ax-rec�zve
<br /> �.cti��.p�av�s�ons of�his �ect�on 2�e
<br /> 2'�. H��arc�ou� Substar����. A5 L1S�CI 1ri��115 S�C�I.��'l.2�.: ��.� l�H�.Z�.Z��t15 SU�5��.17C�S�1 �.re thos�
<br /> subs��.nces def�ned as�ox�c or haz�.rdo��s substances,po��u�an�s, or was�es by Env�ro�.�men�;al La�v a�d
<br /> _ ��.1�f���QW1I1�Sll�S��.�1C�S:.gasolxne,��erc�sene,���.7.���.��1ll11�:b�e�1�QX1����]"fl�etlT11�JI•oclu��s,�oxic pes�icides
<br /> and h�rb�c�des,vnla�z�e solver��s,materials cnn�aining asbes�os ar f�rrna�c�ehyc�e,a�.d r�.dioacxive ma��r�a�s;
<br /> �b} "Env�ronme�.�a�Lav�'p rneans feder�.I 1av�rs and�aws af�he j�.�risd�c�ion�here�he Pr�pe�•ty�s loca�ed
<br /> �ha1;re�at��o hea�th, saf�ty ar environmental pr��ect�an; �c} "Envi�onmen�al���a�up" ir�cll�de�a�y
<br /> r�spons� ac�ian,re�-nediaX ac�ion, or rernoval action, a�de�ned�n Ex�vir��mental La�t7v; ax�d�d� an
<br /> "Ex�v�ror�amen�al Cand�tian" means a cond��i�r��1za�can cati�se, cnn�r�bu.te�a, or o�het��rise�r�gger az�
<br /> Envira�mental C�eanup.
<br /> Borro�rer sha1�no�cause ax pertn��the pres�nce,use,dispasal, s�orage, or release of'any Hazar�.oL�s
<br /> Subs�a���es, ar�hreate�z�o releas��.n�Ha2ar�aus Sul�stances, on ar in�he P�aper�y. Borrow�r shall zzo�
<br /> �.�,�l�r alloW�.nyone else�:o do,ar�yth�.�.g affec�ing the 1'roperty�a}tf�at is ir�viola�ion of any Environm���ta1
<br /> I�a�r� �b��hich crea�es an Ex�v�ro��en�a��oncixtio�,or�c}whichy C�L1�t�t�7:e�l�'�S�11G��115�a o�release of
<br /> a Hazardous Stiibst�.r�ce,cr�a�es�,cax�di��on�h�.��dversely affec�s�h�va1ti��af�he Prope�y.Th�pr�ceding
<br /> �vvo ser�t�nces s�ia�I not app��t��h�pr�sen�e,use, or star�g�on the Prop�rty of sma1�qL�an�x�ies�f
<br /> �azardot�s Subs�ances��iat a.re ge���a.�ly re�flgnized to be a�propriate to norm�l residen�xa��.�ses and t�
<br /> r��a�.in��nance�f�he Prop�r�y�incl�.�d��g,bt��r�a��im��e��o,hazar�ot�s substax�ces xn consumer products�.
<br /> B�rr��re�shall prn��.�p��y give Ler�der writ�e�r�a�ice of�a}a�.���.ve�tzga�ion, claxzn, dema��d,Iawsuit or
<br /> other a�tzon by a�.y gover�zmex�tia�or r�gulat�r�r ag��.cy�r pr�va�e par�y invo�v�ng�he Pro�ertiy and any
<br /> I�azarc�ous 5�.��s�ance or Envira�mer�tal Law of wh�ch Borro�rer��as �.c�t�al���.o�v�r�edge, �b�any
<br /> Er�v�rontner��al Con�.i�i�n,ir����.�diz�g b�.�t r�o�Ii�.���ed�o,any spilling,�ea��ing,r�is�harge,re�ease or t�.r�a�
<br /> of r.�le�.se of any Ha�arc��L�s SL�l�sta�c�, a���c} ar�y condi�ion�aused by�he prese��e,us�or�re�ease of
<br /> a Hazar�oL�s Subs�ance w�ich ac�vers�ly affec�s�he value of��Ze Property,If Borrower�earns;or�s�o�if�ec�
<br /> by�.r�y gc�ve�*nm.en�a1 or�regu�a�:or�r�.u��ority,ox any pr�va��pa��ty,�hat a�zy rem.�va�ar other r�med7at�on
<br /> of an�r Hazardous Suhs�a���aff�cting�h�Property xs��cessar�,Bor�ower shal�p�o�-npt�y tal�e al1 ne�essary
<br /> rem�c�i�.I a��xa�s��aGcarc�az���v���h��Zvzranme�.�a�Lav�.Nothing her�i�sha��create �ny olal�gation o1�
<br /> Lenc�er for�.�1 Er�vi��anmen:t�.i���anup e
<br /> fV o r���U��fo rr�r� �oWe n��ts� B arr��ver�.r�d L�nder fur�h�r coven�.n�and agree�.s fallavvs:
<br /> �Z. ►�4���lera�ian; R�medi��. L�nder sha�� gYve notice �o Borro��r prYor �a acce�erat�on
<br /> f�llovv�ng I3arro�vverr� bx°�a��a Qf �ny covenant �r agreement iri th�s Secur��y In�tirum�nt �but
<br /> HGFG-a0359
<br /> NEBRAS�{A-S9ngle Famiiy-Fanni�Ma�l�reddie Mac�N�FaRM INSTRUMENT Form 3�28 11��
<br /> VMF'� 47J�5
<br /> Wolt�rs Kluwer�inancial Servi�es 7��6�1��4�5.�.2.32�8-J���54728Y Page 14 of 17
<br /> *588�501�215*
<br />
|