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200505230
<br />40327926
<br />Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an
<br />individual litigant or the member of a class) that arises from the other party's actions pursuant to this Security
<br />Instrument or tint alleges that the other pary has breached any provision of, or any duty owed by reason of, this
<br />Security Instrument until such Borrower or Lender has notified the other party (with such notice given in
<br />compliance with the requirements of Section 15) of such alleged breach and afforded the other party hereto a
<br />reasonable period after the giving of such notice to take corrective action. If Applicable Law provides a time
<br />period which must elapse before certain action can be taken, that time period will be deemed to be reasonable
<br />for purposes of this paragraph. The notice of acceleration and opportunity to cure given to Borrower pursuant b
<br />Section 22 and the notice of acceleration given to Borrower pursuant to Section 18 shall be deemed to satisfy
<br />the notice and opportunity to take corrective action provisions of this Section 2Q
<br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those
<br />substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the
<br />following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and
<br />herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b)
<br />"Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate
<br />to health, safety or environmental protection; (c) "Environmental Cleanup includes any response action,
<br />remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental Condition
<br />means a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup,
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous
<br />Substances, or threaten to release any Hazardous Substances, on or in the Property. Borrower Shall not do, nor
<br />allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental Law, (b)
<br />which creates an Environmetal Condition, or (c) which, due to the presence, use, or release of a Hazardous
<br />Substance, creates a condition that adversely affects the value of the Property. The preceding two sentences
<br />shall no apply to the presence, use, or storms on the Property of small quantities of Hazardous Substances that
<br />are generally recognized to be appropriate to normal residential uses and to maintenance of the Property
<br />(including but not limited tq hazardous substances in consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or
<br />Other action by any govermmenta( or regulatory agency or private party involving the Property and say
<br />Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any Envimnmeantal
<br />Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of any
<br />Hazardous ice, and (c) any condition caused by the presence, use or release of a Hazardous Substance
<br />which adversely affects the value of the Property. If Borrower learns, or is notified by any governmental or
<br />regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance
<br />affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance
<br />with Environmental Law, Nothing herein shall create ary obligation on Lender for an Environmental Cleamp,
<br />NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />22. Acceleration; Remedies. Lender Shall give notice to Borrower prior to acceleration following
<br />Borrower's breach of any covenant or agreement In this Security Instrument (but not prior to
<br />acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify; (a) the
<br />default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date the
<br />notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the default
<br />on or before the date specified in the notice may result in acceleration of the sums secured by this
<br />Security Instrument and sale of the Property. The notice shall further Inform Borrower of the right to
<br />reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or
<br />any other defense of Borrower to acceleration and sale- If the default is not cured on or before the date
<br />specified In the notice, Lender at its option may require immediate payment in fall of all sums secured by
<br />this Security Instrument without farther demand and may Invoke the power of sale and Bay other
<br />remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in
<br />pursuing the remedies provided In this Section 22, including, but not limited to, reasonable attorneys'
<br />fees and casts of title evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of default in each county In which
<br />any part of the Property is located and shall mail copies of such notice in the manner prescribed by
<br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time
<br />NEBRASKA — Single Family —Finade MattFreddle Mec UNIFORM INMUMENT Form 3029 f/pn
<br />o M '6 06/10/200. (PaN 11 Gf 14)
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