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200905592
<br />of this paragraph. The notice of acceleration and opportunity to cure given to Borrower pursuant to Section 22 and
<br />the notice of acceleration given to Borrower pursuant to Suction 18 shall be deemed to satisfy the notice and
<br />opportunity to take corrective action provisions of this Section 20.
<br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances
<br />defined as toxic or hazardous substances, pollutants, or wastes by Environmental Lave and the following substances:
<br />gasoline, kerosene, other flammable or toxic petrolourn products, toxic pesticides and herbicides, volatile solvents,
<br />materials containing asbestos or formaldehyde, and radioactive materials; (b) "Environmental Law" moans faders!
<br />laws and laws of the jurisdiction wham the Property is located that relate to health, safety or environmental
<br />protection; (c) "Environmental Cleanup" includes any response action, remedial action, or removal action, a5
<br />defined in F.,nvironmental Law; and (d) an "Environmental Condition" means a condition that can cause, contribute
<br />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 eery Hazardous Substances, on or in the Froperty. Borrower shall not do, nor allow
<br />anyone also to do, anything affecting the Property (a) that is in violation of any Environmental Law, (b) which
<br />creates an Environmental Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance,
<br />creates a condition that adversely affects the value of the Property. The preceding two sentences shall not apply to
<br />the presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally
<br />recognized to be appropriate to normal residential uses and to maintonanca of the Property (including, but not
<br />limited to, 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 governmental or regulatory agency or private party involving the Property and any Hazardous
<br />Substance or Environmental Law of which Borrower has actual knowledge, (b) any Environmental Condition,
<br />including but not limited to, any spilling, leaking, discharge, release or threat of release of any Hazardous Substance,
<br />and (c) any condition caused by the presence, use or release of a Hazardous 5ubstancu which adversely affects the
<br />value of the Property, If Borrower learns, or is notified by any governlrlentai or regulatory authority, or any private
<br />early, that any removal or other remediation of any Hazardous Substance affecting the Property is necessary,
<br />Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law Nothing herein
<br />shall create any obligation on Lundor for an Environmental Cleanup,
<br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as fellows:
<br />ZZ. 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 pot prior to acceleration
<br />under Section 18 unless Applicable I.aw provides otherwise), The notice shall specify: (a) the default; (b) the
<br />action required to cure the default; (c) s date, not less than 30 days from the date the notice is given to
<br />Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the data
<br />specified in the notice may result in acceleration of the sums secured by this Security Instrument and sale of
<br />the Property. The nonce shall fltrther inform Borrower of the right to reinstate after acceleratiao and the
<br />right to bring a court action to assert the non-existence of a default or any other defense of Borrower tp
<br />acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its
<br />option may require immediate payment in full of all sums secured by this Security Instrument without
<br />further demand and may invoke the power of sale and any other remedies permitted by Applicable Law.
<br />Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this Section ZZ,
<br />including, but not limited ta, reasonable attorneys' fees and costs of title evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any
<br />part of the Property is located and shall mail copies of such notice in the manner prescribed by Applicable
<br />Law to Borrower and to the other persons prescribed by Applicable Law Aflter the time required by
<br />Applicable Law, Trustee shall give public notice of sale to the persons and in the manner prescribed by
<br />Applicable Law Trustee, without demand on Borrower, shall see the Property at public auction to the
<br />Nebraska Deed pfTrusW-~Sipgle Famgy-Fannie Mae/FrEddie Mac TJniform Tnsirumept
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<br />The Compliance Source, Inc. Page t2 of 74 Modified by Compliance Source 743DINE 08/DD gee.04/08
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