201200798 - Laserfiche WebLink

Browse

201200798 sentences shall not apply to the presei�ce, use, or etorage on thc ProperCy of small quantities of Hazardnus Snbstances thaC are generally recognized to be appropriate tp norma] residenClal uses and to maiiitenance of the Pxoperty (including, but not limited to, hazardous substances ii�consumer products). Borrower shall prompCly give Leqder wriYCen notice of(a) nny investigation, claim, deinancl, lawsuit or ofhcr action by any governmental or regulatory agency oc private pairy involviiig the Properry and any Hazardous Substance or Environmental Law of which IIorrower has actual knowledge, (b) any�,nvironmental Condition, ine�uding but not limited to, aiiy spilling, leaking, discharge, release or threat pf release of any Hazardous Su6stance, and (c) any condition c:aused by ihe presence, use or release of a Hazardous Substauce which advecsely affects hhe value of the Properly. IP Rorrower learne, or is poCified by any governmenGQ or regulAtory authority, or any privata parry, that any removal or other remediation oP any Huaardous 9ubsfance afPecling Che Property is necessary, Boecower shall prompcly Cake all necessary remedial aetions in aceordauce with Euviroiunental Law. Nolhing herein shall creaCe any obligation on I,ender for �m Environmental Cleanup. Non-Uniform Covenants. Borrowcr and Lender covenant and agree as follows: 22. Acceleration; Remedies. Lcnder shall give notice to Borrower prior to acceleratiou following Borrower's ureach of auy covenaut ur agreement in this Security Instrument (bnt uot prior to acceleration nndcr Section 18 unless Applicable Law provides otherwise). Thc noticc sh�ll spec3fy: (a) the defaiilt; (b) the actimt required to cure the default; (c) a date, not less than 30 days Pron� Che date the uotice is given to Borrower� by wliich tlie def'anit runst be cured; und (d)that t'ailure Yo cure Elie det'aulC on or before the date specificd in tlic notice may result in acceleraCion of the snms sccnred b,y this Security Iustrnment uiid sule of the YcoperCy. 7'he notice shall Purther inform Borrower�uf the � right Co reinstate aft.er acceleratimi aud the rigl�t to briug a court actiou fo assert fhe�ion-exisCence of a defauit or any oCher defevse oF Boirower to acccleration aud sale. If the defaulC 9s not cured mi or before the date epecificd in tlie�iutice, Le�icler at iCs opCion rnay require irmnediate paymeut in t'ull of all sums sccured by this Security Iuetiivmeut without furtl�er clemand and mny invoke the power o['Sale and any otlier re�nedies permitted by Applicable La�v. Lcudcr shall bc entitled to collect all expens�s incurred in purauing Ulie remedies provided iu this Scction 22, including, but nnt limited Yo, reasouable aEton�eys' feas and costs of title evidence. IP the power oP sale is 9nvolced, Trustcc shall record u notice of defaulU in each county iu which any part of the Praperty is located and shall mail copies of such notice in the mamier prescribed by Appl9cablc Law to Boi�•uwer und to Che oCher persons prescribed Uy Applicable Law. After Che time required by Applioable Law, Trustee sliall give pnUlia uoticc of'sale to tlie persuns a�id in the manner prescribed by Applicable Law.�Truetcc, without de�iiand un Borrower, shall sell the Property at pnblic auction to tl�e liighast bidder nt the time and pluce and uuder the terms desiguated in tlic nutiw of'sele iu one or more j�arccls aud in any order Trustee determiues. Trnstee may postpone snle of�all or any parcd of the Property by pubHc am�ouncement at tlie time and pinec of any previously scheduled sale. Leuder or its desigiaee may purchase the Propa-ty nt any sale. Upan rcceipt aY'payment of Che price Uid, Tn�stee s6a11 dclivcr to thc puccl�nscr Trustee's deed conveyi��g the ProperCy. Tlie recitals 9n the Trusfee's dccd s6a11 be �rima ft�cie evide��ce of the truth of the s6atements made t4ereiu. Tnistee shnll al�ply tlie proceeds of the sule iu the following order: (a) ta all costs and expeuses of'cxcrcising the power of sale, aud Che�ale, 9nclnding the paymeut of tlic Trustee's Yees actnally i�icurred and reasonable atCorneys' fees as pei7n9tted by Applicable l,aw; (b) to all sums secured by this Security H�sYivmenY; aud (c) any excess to thn persaz or persons legelly entiCled to it. 24000158 N[BfiASKMSin�le Femlly�Fernla MaelFretldia Mac UNIFORM INSTBUM[NT �orin 3028 1;01 VMP� VMPOINEI 11106) Wolters I(luwcr Financial Sarvlcas Pepe 14 ot 1�