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2� 1 ��7�25 <br /> Appiicable Law pro�ides a time period which must elapse before�erta}n actian ca.n be taken,that time <br /> period wi�l be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and <br /> opp�rtunity to cure gi�en to Barr�wer pursuant to Sectiota 22 and the notic�of acceleration gi�en to <br /> Borrower pursuant to Section 1 S sha��be deemed to satisfy the notice and opportunity to ta.ke corrective <br /> �.�t1�I1�7r�V151�riS af t�'l15 SeCt1�I7��. <br /> 2'I. H a�a rd ous S u bsta n ces. As used in th i s Section�1: (a� "Hazardous Substances" are those <br /> su�sta.nces def ned as toxic or hazardaus substances,pollutants,or wastes by En�iranmenta�Law and <br /> the following substances:gas�line,kerosene,other flammable or toxic petroleum products,to�ic pesticides <br /> and her�icides,volatile solvents,materials conta.ining asbestos or forma�dehyde,and radiaacti�e materials; <br /> �b} "En�ironmental Law"means federal laws and laws of th�jurisdiction where the Prvperty is lacated <br /> that relate ta health, safety ar en�ironmental�rotectian; (c} "En�ironmental�leanup" includes any <br /> response activn,remedial action, or removal action,as defined in Environmental Law; and�d)an <br /> "Environmental Condition"means a candition that can cause,cantribute to,ar otherwise trigger an <br /> Environmental�leanup. <br /> Borrvwer shall not cause ar permit the presence,use,disp�sal, storage,or release of any Hazardous <br /> Substances, or threaten to release any Hazardaus Substances,�n ar in the Property. Borrower sha11 not <br /> do,nar allow anyone else to da,anyth�ng affecting the Property�a}that is in�iolation of any En�iranmental <br /> Lavv,(b}which creates an En�ironmenta��onditi�n,or�c�which,due to the presence,use,or release of <br /> a Hazardous Substance,creates a condition that ad�ersely afFects the�alue of the Property.The preceding <br /> tvvo sentences shall not apply to the presence,use,or storage on the Property of smal�quantities�f <br /> Ha.zardous Substances that are generaliy recognized to be appropr�ate ta normal residential uses and ta <br /> maintenance of the Property�including,but not limited ta,hazardous substances in consumer products�. <br /> Borrower sha11 prompt�y giv�Lender written notice of(a}any investigation,claim,demand, lawsuit or <br /> other action by any ga��rnmental ar regulatory agency or�rivate party in�ol�ing the Pr�perty and any <br /> Hazardous Su�stance ar En�ironmenta.l Law af which Barrov�er has actual knowledge,(b�any <br /> En��ronmental�ondition, including but not limited t�,any s�illing, leaking,discharge,release or threat <br /> of release of any Hazardaus Substan�e,and(c}any condition caused by the presence,use ar release of <br /> a Hazardous Substance vvhich ad�ersely afFects the value af the Prvperty.If Barrovver learns,or is notified <br /> hy any ga�ernmental or regulatory authority,or any pri�ate party,that any remo�ai ar other remediation <br /> of any Hazardous Substance aff'ecting the Property is n�cessary,Borrower shall prom�tly take a�i necessary <br /> remedia�actions in accordance with Environmental Law.Noth�ng here�n shall create any obligation vn <br /> Lender far an En�ironmental Cleanup. <br /> N o n-U n�fo rm C o�e na nts. Borrower and Lender further co�enant and agree as fo�lows: <br /> ��. Acceleration; Remed ies. Lender shall giye natice to Barrower prior to a�celerat�on <br /> following Borrnwer's breach of any co�enant or a�reement in this Security Instrument [but <br /> not prior to accel�ration under S�ction 18 un�ess Applicable Law pro�ides otherwise}. The <br /> natice shall specify: (a} the default; (b} the action r�equired ta cure the default; �c} a date, not <br /> �ess tban 3U days from the date the notice is gi�en to Borrow�r, by whi�h the defauit must <br /> be cured; and (d} that faiiure ta cure the default an or bef�re th� date spe�ified in the notice <br /> may result in accel�ratioa of th� sums secured by this Security Instrument and sal� of the <br /> Pr�operty. The notice shall further inform B�rrower af the right to reinstate after acceleration <br /> . <br /> 1138827543 <br /> 11l15 <br /> VMP� <br /> Wblters Kluwer Financial 5ervi�es 2�1510311 fi.1.0.3537-J2D1 fi�219Y Initials: Page 14 of 17 <br /> x�� �� * <br />