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<br />litigant or the member of a class) that arises from the other party's actions pursuant to this Security Instrument or
<br />that alleges that the other party has breached any provision of, or any duty owed by reason of, this Security Instrument,
<br />until such Borrower or Lender has notified the other party (with such notice given in compliance with the requirements
<br />of Section IS) of such alleged breach and afforded the other party hercto a reasonable period after the giving of such
<br />notice to take corrective action. If Applicablc Law provides a time period which must elapse before certain action can
<br />be taken, that time period will be deemed to bc reasonabLe for purposes of this paragraph. The notice of accelcration
<br />and opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower
<br />pursuant to Section 18 shall be deemed to satisty the notice and opportunity to take corrective action provisions of
<br />this Section 20.
<br />21. Hazardous Substances. As used in this Section 21: (u) "Hazardous Substances" ure those substances
<br />defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances:
<br />gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents,
<br />materials containing asbestos or formaldehyde, and radioactive materials; (b) "Environmental Law" means federal laws
<br />and laws of tbe jurisdiction wbere tbe Property is located that relate to health, safety or environmental protection;
<br />(c) "Environmental Cleanup" includes any response action, remedial action, or removal action, as defined in
<br />Environmental Law; and (d) an "Environmental Condition" means a condition that can cause, contribute to, or
<br />otherwise trigger an Environmental Cleanup.
<br />Borrower sball 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 allow
<br />anyone else to do, anything affecting the Property (n) tbat is in violation of any Environmental Law, (b) which creates
<br />an Environmental Condition, or (c) which, due to tbe presence, use, or release of a Hazardous Substance, creates a
<br />condition that adversely affects the value ofthe Property. The preceding two sentences shall not apply to the presence,
<br />use, or storage on the Property of small quantities of Hazardous Substances that are generally recognized to be
<br />appropriate to normal residential uses and to maintenance of the Property (including, but not limited to, hazardous
<br />substances in consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other
<br />action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance
<br />or Environmental Law of which Borrower has actual knowledge, (b) any Environmental Condition, including but 110t
<br />limited to, any spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any
<br />condition caused by the presence, use or release of a Hazardous Substance which adversely affects the value of the
<br />Property. If Borrower learns, or is notified by any governmental or regulatory authority, or any private party, that any
<br />removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly
<br />take all necessary remedial actions in accordance with Enviro1ll11ental Law. Nothing herein shall create any obligation
<br />on Lender for an Environmental Cleanup.
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<br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />22. Accel(."mtioD; Remedies. Lender shall b>1Ve notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under Section 18 unless
<br />Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the
<br />defuult; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be
<br />cured; and (d) that failure to cure the defdult on or before the date specified in the notice may result in acceleration
<br />of the sums secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower
<br />of the right to reinstate after acceleration and the right to bring a court action to assert the non-existence of a defdult
<br />or any other defense ofBorrowcr to accclcrdtion and sale. If the defuult is not cured on or before the date specified
<br />in the notice, Lender at its option may require immediate payment in full of all sums secured by this Security
<br />Instrument without further demand and may invoke the power of sale and any other remedies permitted by Applicable
<br />Law. Lender shall be entitled to collect all expenses incmred in pursuing the remedies provided in this Section 22,
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<br />Fo m 3028 01 1
<br />14001NE 08/00
<br />liil2000, The Compliance Source, Inc.
<br />[Doc 10 6646]
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<br />Nebraska Deed of Trust-Single Family~Fnnnie MnclFrcddie Mae UNIFORM INSTRUMENT
<br />-THE COMPLlANCESOURCE, INC.- Page 12 of 14
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