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201201012
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Last modified
3/7/2012 11:25:43 AM
Creation date
2/8/2012 11:46:47 AM
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DEEDS
Inst Number
201201012
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201201012 <br /> sentences shall iint xpply to the presence, use, or storage on the Property of small quantitics of Hazardous <br /> Substances fhac are generally recog'nized Yo be apprapriate to normal residential uses and to 4nainfenauce of <br /> Che 1'roperCy (including, huY noY IimiCed to, haaardous substances in consumer products), <br /> Borrower shall prompCly give Iyender written notiee of(a) nny investigation, claim, demand, lawsuit or other <br /> actlon by any govcrnmental or regulatory ageucy oT pTivate party involving the Property and nuy IIazardous <br /> SubsCance or F3nvirontnental Law of which Borrower has actual lmowledge, (b) any L�nviromneiital <br /> Condition, including but not limited to, xny spilling, leaking, discharg�e, release or tl�reat oY xclease oP any <br /> Hazardous Substlnce, vid (c) any condition caused bq the presence, use or release of a Hazardous Suhekanee <br /> which adversely aft'ects the value of the Pmperty, If Bonnwer learns, or is notifie�l by any governmenYal or <br /> regulatory authority, or any private party, thaE any removal or other remedia�ion of any I�azardous SuUstance <br /> affecting the Property is nec;essary, Borrower shall prom�tly take a(1 necessary remedial aclions in <br /> accordance with Enviromnental Law. Nothing lietein shall create any obllgation on Lender for an <br /> EnvironmenCal Cleanup. <br /> Non-Uniform Covenants. Borrower and Lender covenant and agree as follows: <br /> 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to accelerutiuii l'nllowpng <br /> Borrowor's broach of auy wveuant or agreement iu tliis Sccurity Instrume�it (but not prior Eo <br /> accoleration�.�udee Seelion 18 unless Applicable Law �n�ovides uthecwise). The npfice sliall spccify:{u) <br /> the �lel'aalY; (b) the action required to curo the default; (c) a date, not less than 30 days fruiri tl�e date <br /> the notice is given to Borrower, by which the defaulC tnust be c�red; aud (d) that failure Co cure the <br /> default on or bcfore the date specified in tl�e n�tice may result in accelerution of the 5ums secured by <br /> this Security Instrnment and eale of tlie Property. The iiotice�lzall Further inform Borrowcr of the <br /> righU Ca reinstate after acceleration and tl�c right to bring a courC action to aesert thc non-e�stence oP a <br /> default or a��y otl�er defensc of Borrower to acceleraCion and sale, If tl�e defanit is not cured ou or <br /> before tl�e date specificd iu tlie uutice, Leuder at iCs option may reqnire inmiediAte paymenf in full t�f <br /> all snms sccurcd by this Security InshvnienC wifhaut furtl�er demand aiid may invol�e the power of sale <br /> �nd any other remedie,s peimiCCed by Applicable Law. Lender shull be entiEled Co collect all exponscs <br /> i�icurred in pursuni� Che remedies provided in this Sectio�i 22,iucluding, buf not limited to, reflsonable <br /> attorneys' fees and custs of title evidencc. <br /> If tUe power oP sale is invokcd, Tilistee siwll record a uotice of default in caclt county in which any <br /> part oF Elie Property is lucated and shall mail copies oP sucl�notice iu tl�e mr�nner pre,sc��bed bp <br /> Applicuble Law to Ilor�•oFVer aud ko the other persons prescribed by Applicable Law, AFter tlie timc <br /> required by Applicable Law, Tnistec shaR give public notice ol'sale to tHe persons aud in the�numier <br /> prescribe�l Uy Applicable I,aw. Trnstee, witliout demand on Borrower, shall scll tlie Pruperty at public <br /> auct9on to the l�ighcst bidder stt the fime aud place and under the tei�ns dcsignated iu Che notice of sale <br /> in oue or more parceLs r���d iu any order T�vstee deYermines. Trustee mr�y posfpone sale of all or auy <br /> parcel uf the ProperCy by public aunouncement at the tirue and place of auy prevfously scl�eduled sala <br /> Lender or its designee may purchase tlle Property at uny sule. <br /> Upon reeeipt oP paytneut of the pitice bld, Trustec shall deliver fo Che purchaser Trusteo's decd <br /> conveying Che Pro�erty. The recitals in tha�Trustee's deed shall be prima Pacie evidence uf the truth oP <br /> tl�e stafements made thcrein. Tru,stee shnll apply Che proceecls of the sale in tlie fulluwing order; (a) to <br /> all costs and expeiises oP exercisi�ig t}�e Aower oY sale, �nd thc sale, includiug the payment oP the <br /> Trustee'S fees aclually incurred a��d reasonablc attorneys' fees us permitted by Applicable Law; (b) to <br /> all sun�s secured by this Security Instrument;auzd (c) any excess to the persou or persmis legally <br /> entitled to it. <br /> 24000232 <br /> NC�MSKA-Sinyle Family-Fennla MeefFredAle Mac UNIFORM INSTPUMENT Form 3028 1lD7 <br /> VMP�p VMPBINE��I 1061 <br /> N/alters IQuwor Finanoial Serdces Page 14 at n <br />
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