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<br />remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed
<br />by the Note purchaser unless otherwise provided by the Note purchaser.
<br />20. Borrower Not Third -Party Beneficiary to Contract of Insurance. Mortgage Insurance
<br />reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if
<br />orrower does not repay the Loan as agreed. Borrower acknowledges and agrees that the Borrower
<br />i not a third party beneficiary to the contract of insurance between the Secretary and Lender, nor is
<br />orrower entitled to enforce any agreement between Lender and the Secretary, unless explicitly
<br />a thorized to do so by Applicable Law.
<br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those
<br />s bstances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law
<br />a d the following substances: gasoline, kerosene, other flammable or toxic petroleum products,
<br />t xic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde,
<br />a d radioactive materials; (b) "Environmental Law" means federal laws and laws of the jurisdiction
<br />here the Property is located that relate to health, safety or environmental protection; (c)
<br />nvironmental Cleanup" includes any response action, remedial action, or removal action, as
<br />d fined in Environmental Law; and (d) an "Environmental Condition" means a condition that can
<br />c use, contribute to, or otherwise trigger an Environmental Cleanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any
<br />azardous Substances, or threaten to release any Hazardous Substances, on or in the Property.
<br />orrower shall not do, nor allow anyone else to do, anything affecting the Property (a) that is in
<br />✓ olation of any Environmental Law, (b) which creates an Environmental Condition, or (c) which,
<br />d e to the presence, use, or release of a Hazardous Substance, creates a condition that adversely
<br />a ects the value of the Property. The preceding two sentences shall not apply to the presence, use,
<br />o storage on the Property of small quantities of Hazardous Substances that are generally recognized
<br />t be appropriate to normal residential uses and to maintenance of the Property (including, but not
<br />li ited to, hazardous substances in consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand,
<br />1 wsuit or other action by any governmental or regulatory agency or private party involving the
<br />P operty and any Hazardous Substance or Environmental Law of which Borrower has actual
<br />k owledge, (b) any Environmental Condition, including but not limited to, any spilling, leaking,
<br />d scharge, release or threat of release of any Hazardous Substance, and (c) any condition caused by
<br />t e presence, use or release of a Hazardous Substance which adversely affects the value of the
<br />P operty. If Borrower learns, or is notified by any governmental or regulatory authority, or any
<br />p ivate party, that any removal or other remediation of any Hazardous Substance affecting the
<br />P operty is necessary, Borrower shall promptly take all necessary remedial actions in accordance
<br />w.th Environmental Law. Nothing herein shall create any obligation on Lender for an
<br />E vironmental Cleanup.
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<br />BRASKA - Single Family - FHA Security Instrument - MERS
<br />)RM 3028 9/14 Initials: C7/7 C--
<br />;er Forms Inc. #FHA3028MERS 6/15 Page 12 of 14
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