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This template creates an ONTAP volume with the specified configurations. The volume is named 'volume1' and has a junction path of '/volume1'. The security style is set to 'MIXED' and the size is 40 megabytes. Storage efficiency is enabled and the volume is associated with a storage virtual machine. The tiering policy is set to 'AUTO' with a cooling period of 41. The volume is tagged with the key 'Name' and value 'OntapVolume'.