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2� 1 ��4797
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<br /> LC]AN#: �8'l fi225s2� �
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<br /> Neith�r Borrower nor L�nder may Commence,�ain, o�b�joined t� any judicial acti�n �as eith�r an
<br /> indi�idual li#igant vr�h� member of a c�ass} that ar�ses frvm the other party's actians pu�suant tv �his ;
<br /> Security Inst�-um�n#or that afleges that�he other par#y has breach�d any pro�ision of, or any du�y owed
<br /> by reas�n of, this SeCuri�y Instrument, until such Borrvwer or Lender has n�tified the vth�r�a�ty �with �
<br /> such notice gi�en in complian�e with the requ��em�nts of Sectian'f 5}of su�h a�leged b�each and afforded
<br /> the oth�r par�y heret� a reasonable period aft�r the giving of such not�ce to take cvrre�tiv� act�on. If
<br /> Applicable Law provides a time period which must elapse before eer�ain act�on can be taken, tha��ime
<br /> period wil� be deemed tv be reasonab[e f�r�purpases of th�s parag�aph. The not+c�of acceleration and
<br /> oppa�tunity t� cure gi�en to Borr�wer pursuant to 5ec#ion 2� and the notice of acceleration gi�en tn ;
<br /> Borraw�r pursuant to Secti�n �8 shall be deemed to satisfy the not�ce and oppartuni�y to take cvrrectiv�
<br /> action pro�isions of this�ection ��. �
<br /> 2'�. Hazardous 5ubstances. As used in �his S�ction 2�: �a} "Ha�a�dous Substan�es" are �hose
<br /> su�stances d�fined as t�xi� or hazardous substances, pvilutan�s, or wastes by En�ironmental Law
<br /> and the fQl�awing subs�ances: �asoline, kerosen�, ath�r flammab�� �r toxic petr�leum pr�du�ts, toxic
<br /> pesticides and herbi��des,�olati�e solvents,mat�rials cantaining asb�stas arfarma�d�hyde,and�adioactive
<br /> materials; �b} "Envir�nmental Law" m�ans�ederai lav�rs and #aws of th�jurisdicti�n where the Prop�rty
<br /> is�acated that relat�to heai�h, safety or�n�ironm�ntal pr�#eCtian; �c}"Environmental Cleanup"�nc�ud�s
<br /> any respons� actian, remed�al action, a� rema�al a�tivn, as defined �n Environmen#al Law; and �d} an
<br /> "En��ronmental Con�itian" means a cor�dition that can cause, ��ntribut� to, or otherwise �rigger an
<br /> Environmenta# �leanup.
<br /> Barrowe�shai�not cause or permit�he presence, use,disposal,storage,ar r�(ease af any Hazardous
<br /> Substances, or�hreaten ta re�ease any Hazardous Substances, on ar in the Pro�erty. Bvrrower shall
<br /> not da, no� allow anyone else �o da, anything affe�ting the �roperty �a} that is in �iolativn of any
<br /> Environmen�al Law, �b} which crea�es an En�iranmer�ta� Conditian, or �c} which, due�v the presence,
<br /> use, or release af a Hazard�us Substance, c�eates a condition that adve�seiy affects the value of the
<br /> Property.The preceding two s�nt�nces shal� not appiy to the pr�sence, use, or s�ara�e on th�Prflperty
<br /> �f small quantities of Hazardous Substan��s that are generally recagnized to be�p�rapr�ate#a narm�i
<br /> residenttal uses and to maintenance of the Proper�y�including, but nat I�mited to, hazardous subs�ances
<br /> in consum�r praducts}.
<br /> Borrawer shal� promptly��ve Lender written notice vf�a} any invest�gation, cia�m, demand, lawsu��
<br /> or oth�r actian by any governmental or regulatory agency ar p��vate party invol�ing #he Prap��ty and
<br /> any Hazardous Substance or Environm�ntal Law �f which Barrvwer has ac#ual knowledge, �b} any
<br /> Environmental Cond�tian, including but not limited t�, any spi���ng, leak�ng, dis�harge, release�r threa�
<br /> of re�eas�of any Haza�dous Substance, and �G} any cand�ti�n Gaused �y the pr�sence, use ar release
<br /> of a Hazardous Substance whi�h adverseiy affects the va�ue of the Praperty. If Bo�rower learns, o� is
<br /> notified by any go�ernmenta� o� regulatory authority, or any private �arty, that any removal or ath�r
<br /> r�mediation of any Hazardaus Substan�e affec�ing the Property is n�c�ssa�-y, Sarrower shall promptly
<br /> take all necessa�y rem�dial actions in ac�ordance with En�ironmentai Law. Nothing herein shali create
<br /> any obligat�on �n Lender for an Environmental Cl�anup.
<br /> N�N-UNiFQRM �QVENANTS. Barrower and L�nd�r further covenant and agree as fof�ows:
<br /> ��. Ac�eleration; Remed�es. Lender sha�! gi�e notice ta Borrower prior to accelerati�n
<br /> folfowing Bnrrawer's brea��h af any covenant or agreement in this 5ecurity Instrument�but not
<br /> prior to ac���eration und�r S�ction '�8 unle�s Applicable Law pro�i�es otherwise�. The noti�e
<br /> sha�i sp�cify; �a�the default; �b�the actian required t�cure the default; 4c} a date, no�less than
<br /> 3� days fram the date the notice is gi�en �� 8orrower, �y which �he default mus� be cured;
<br /> and �d� �hat fa�lur� �a cure the defaui� on or befvre the da#e specifi�d �n the no#ice may resuit
<br /> in acce�erat�on of the sums secured �y this S�cur�ty lns#rument and sale flf the Proper#y. The
<br /> noti�e sha�l fur�her inform Borrower of the ri�h� to re�ns�ate after acc�lera�i�n and the r�ght to
<br /> �ring a c�urt action tc� assert the non-exis�ence of a default or any other defense vf Borr�►nrer
<br /> to acce�erafion and saie. �f the defau�t is n�t cured on or bef�re the date spec�f�ed in the noti�e,
<br /> Lender at�ts opti�n may req u i r�i mmed ia�e payment in fu Il of all s u ms sec u red by th�s Secur�ty
<br /> lnstrument with�ut further demand and may in�oke the power of sale and any ather remedi�s
<br /> permi#ted�y Applicable Law.Lender sha�l b�en�i�led tv call�ct a!!exp�nses incurred in pursu�ng
<br /> the remed�es pra►rided in this Se�tion�2,incfuding,�ut not limited to,reasanable attorneys'fees
<br /> an� costs of title e��dence.
<br /> if the pawer of sal��s in�ok�d,Trustee�ha��record a notice of defaul�in each�ounty in wh�ch
<br /> any part of the Property is I�cated and shal� mail copie�of such no#�ce in the manner prescri�ed
<br /> by Applicabfe Law to Bvrrower and�o the other pers�ns prescr�b�d by Ap��icab�e Law.After the
<br /> time required by Ap�licable Law,Trustee shal!g�ve pub�ic n�tice�f sale ta�he p�r�o��and in th�
<br /> manner pre�criqed byApplicable Law.Trustee,w�thout�emand on 8orrower,shall sel�the Proper�y
<br /> at pu�l�c auction t�the highest bidd�r at the time and p�ac�and under the t�rms designated in�he
<br /> not�ce of sai�in�ne�r more parcels and in any vrder Trustee de�ermines.Trustee may postpane
<br /> sale of all �r any parcel of the Property �y pub��c announcement at the tim� and ��ace af any
<br /> pre�iously scheduled sa�e. Lend�r ar its de��gne�may purchase the Property at an sale.
<br /> Initials:
<br /> NEBRASKA--Single Family--Fannie N�aelFreddie lUlac UNIF4RNi INSTRUIUIENT Fvrm 3�28'11�'�
<br /> Ellie Mae, Inc. Page ��of'�'I NEE�7EED D3�5
<br /> NEEDEED�CLS}
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