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202303188
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Last modified
6/26/2023 4:26:25 PM
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6/26/2023 4:26:23 PM
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202303188
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202303188 <br />Hazardous Substances, on or in the Property. Borrower will not do, nor allow anyone else to do, <br />anything affecting the Property that: (i) violates Environmental Law; (ii) creates an Environmental <br />Condition; or (iii) due to the presence, use, or release of a Hazardous Substance, creates a condition that <br />adversely affects or could adversely affect the value of the Property. The preceding two sentences will <br />not apply to the presence, use, or storage on the Property of small quantities of Hazardous Substances <br />that are generally recognized to be appropriate to normal residential uses and to maintenance of the <br />Property (including, but not limited to, hazardous substances in consumer products). <br />(c) Notices; Remedial Actions. Borrower will promptly give Lender written notice of: (i) any <br />investigation, claim, demand, lawsuit, or other action by any governmental or regulatory agency or <br />private party involving the Property and any Hazardous Substance or Environmental Law of which <br />Borrower has actual knowledge; (ii) any Environmental Condition, including but not limited to, any <br />spilling, leaking, discharge, release, or threat of release of any Hazardous Substance; and (iii) any <br />condition caused by the presence, use, or release of a Hazardous Substance that adversely affects the <br />value of the Property. If Borrower learns, or is notified by any governmental or regulatory authority or <br />any private party, that any removal or other remediation of any Hazardous Substance affecting the <br />Property is necessary, Borrower will promptly take all necessary remedial actions in accordance with <br />Environmental Law. Nothing in this Security Instrument will create any obligation on Lender for an <br />Environmental Cleanup. <br />25. Electronic Note Signed with Borrower's Electronic Signature. If the Note evidencing <br />the debt for this Loan is electronic, Borrower acknowledges and represents to Lender that Borrower: (a) <br />expressly consented and intended to sign the electronic Note using an Electronic Signature adopted by <br />Borrower ("Borrower's Electronic Signature") instead of signing a paper Note with Borrower's written <br />pen and ink signature; (b) did not withdraw Borrower's express consent to sign the electronic Note <br />using Borrower's Electronic Signature; (c) understood that by signing the electronic Note using <br />Borrower's Electronic Signature, Borrower promised to pay the debt evidenced by the electronic Note <br />in accordance with its terms; and (d) signed the electronic Note with Borrower's Electronic Signature <br />with the intent and understanding that by doing so, Borrower promised to pay the debt evidenced by the <br />electronic Note in accordance with its terms. <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />26. Acceleration; Remedies. <br />(a) Notice of Default. Lender will give a notice of Default to Borrower prior to acceleration <br />following Borrower's Default, except that such notice of Default will not be sent when Lender exercises <br />its right under Section 19 unless Applicable Law provides otherwise. The notice will specify, in <br />addition to any other information required by Applicable Law: (i) the Default; (ii) the action required to <br />cure the Default; (iii) a date, not less than 30 days (or as otherwise specified by Applicable Law) from <br />the date the notice is given to Borrower, by which the Default must be cured; (iv) that failure to cure the <br />Default on or before the date specified in the notice may result in acceleration of the sums secured by <br />this Security Instrument and sale of the Property; (v) Borrower's right to reinstate after acceleration; and <br />(vi) Borrower's right to bring a court action to deny the existence of a Default or to assert any other <br />defense of Borrower to acceleration and sale. <br />(b) Acceleration; Power of Sale; Expenses. If the Default is not cured on or before the date <br />specified in the notice, Lender may require immediate payment in full of all sums secured by this <br />Security Instrument without further demand and may invoke the power of sale and any other remedies <br />permitted by Applicable Law. Lender will be entitled to collect all expenses incurred in pursuing the <br />NEBRASKA --Single Family — Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />IIllllgllllpllll15lll4111l111l, <br />uIIIIIOIIIIIuIIIIiI <br />uul.Aillu��IIII lliiii <br />
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