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201000688
<br />1876275692
<br />remain with the Loan Servicer or be transferred to a successor Laan Servicer and are not assumed by the Note
<br />purchaser unless otherwise provided by the Note purchaser.
<br />Neither Borrower nor Lender may commence, join, ar be joined to any judicial action (as
<br />either an individual litigant ar the member of a class) that arises f-rom the other party's actions pursuant
<br />to this Security Instrument or that alleges that the other party has breached any provision of, or any duty
<br />owed by reason af, this Security Instrument, until such Borrower or Lender has notified the other party
<br />(with such notice given in compliance with the requirements of Section 15) of such alleged breach and
<br />afforded the other party hereto a reasonable period after the giving of such notice to take corrective action.
<br />If Applicable Law provides a time period which must elapse before certain action can be taken, that time
<br />period will be deemed to be reasonable for purposes of this paragraph, 1'he notice of acceleration and
<br />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 satisfy the notice and opportunity to take corrective action provisions
<br />of this Section 20.
<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 substance: gasoline, kerosene, ether 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,
<br />nor allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental Law,
<br />(b) which creates an Environmental 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. I'he preceding two sentences
<br />shall net 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 Property
<br />(including, but not limited to, hazardous substances consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit
<br />or other action by any governmental or regulatory agency or private party involving the Property and any
<br />Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any Environmental
<br />Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of
<br />any Hazardous Substance, and (c) any condition caused by the presence, use or release of a I~Iazardous
<br />Substance which adversely affects the value of the Property. if Borrower learns, or is notified by any
<br />governmental or regulatory authority, ar any private party, that any removal or other remediation of any
<br />Hazardous Substance of"fecting the Property is necessary, Borrower shall promptly take all necessary remedial
<br />actions in accordance with Environmental Law. Nothing herein shall create any obligation on Lender far
<br />an Environmental Cleanup.
<br />NON-iJNIFORM COVENANTS. Harrower and Lender further covenant and agree as follows:
<br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration
<br />following Borrower's breach of any covenant or agreement in this Security )Cnstrument (but not
<br />prior to acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall
<br />specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days
<br />from the date the notice is given to Borrower, by which the default must be cured; and (d) that
<br />NEBRASKA--Single P'arnily--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3026 1101 (page 13 of 16)
<br />First American Loan Production Services
<br />First American Real Estate Solutions LLC
<br />FALPS# NEFM-13 Rev. lK-OS-08
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