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201201147
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Last modified
3/7/2012 11:26:11 AM
Creation date
2/14/2012 10:10:09 AM
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DEEDS
Inst Number
201201147
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201201147 <br /> senfenoes eUa11 not apply to the presence, use, or atorage on the Proparty of an1n11 quaufivas oF IIez�idous <br /> Substances that are genetally tecogni�eci to lie apptopciate to normal residen6ial�uscs and to maintanznce of <br /> fha Property(including, but not limiteci Co, hazardous stibstauices in consamer produoCe). � <br /> Barrower shall piromptly give Lender writtcii notice of(a) auy investigation, claim, dcmand, la�wsuit or other <br /> action by any governmenteI or regulatory agency or private pa�ty involving the Property and any F[a�ardons <br /> Substance or Envixonmental Law of which Borrower hae ao'tual kuowledge, (U) any Enviromnenkal <br /> Condiuon, incluffing Unt not liinited to, any spilling, leaking, diechargc, release or tlu�eat of relense of eny <br /> II�zardous StibsYance, and(c) any eondition c�useci by the presence, t�se or release of a Ha�ardous Substanee <br /> which edveraely flffects tlie value of fhe Property. 7f Borrower learns, or is natified by nny govcri�menfal or <br /> re�alatory aut�iority, or auy privflke pFtrty, that nnq reinoval or other remediation of any Hazardotis Subs4moe <br /> affecting the Properdq is necessary, Borrower shall promptly talce all neceasaxy remedi�l actions in <br /> accm•dnuce with$nviromnental Law. NoLiiii�g herein sl�all crcate�iiy obligatiou on Lendex for aai <br /> Nnvironmental Cleanup. � <br /> Non-UnifoYm CoVenants. Borrower nud Len�ler covcnanC and abmee as follows: <br /> 22. Acceleration; Remedles, Lender sliall give notice to J3orrower prior to accelerattou followiug <br /> Borrower`s 6rench of any covennnt or agreemenC in Lhis Secnrity Instrionent (but nat prior to <br /> :iccelerntion nndcr Scetion 18 nnless Applic.lble Law providep oG�erwise), The notice shall speeify: (n) <br /> Che de�Fault; (b) the xetion reqni�•ed to cm•e t�lxo defanit; (c) a date, not less fhan 30 days from the dntc <br /> the notice ie giveu Co Borirower, by which the defanit must be carcd; and (d) that Pailnre to care Che <br /> dafanlC mi or beFore the dnte specified in tLe noGce �nay result in xccelera�timi of tl�c smna secured by <br /> this Security Intih•iament�and sale of U�c Property. Tlto qoHce 5hall fi�rlher infm•m Rorirower of thc <br /> i�g1�C Co reinstat'e aPter aecelera[ion and t11e right to bring a conrt nctiou to assert C}ie nmi-existence o1'x <br /> defa��lt or nny other defense of Borrower fn acceleration Tnd s:ile. If tho defanit is uoE ci�'red mi or <br /> befoiro the date spacifiod iu tlie notice, Lender at iCS opLion may reqnire immediate payment 9n fidl of <br /> all sums scenrcd by thia Sccm•ity Inah•nment witliont furtlier deinand and�na�y involce tlia powcr of sale <br /> and any other remedies permiCtcd by Applicablc Law. Lencler shall be entilled ta co➢ect:�I expenses <br /> incnrred in parsaing flie remod9es provided in tl�is Section 22, inclndin�, bttt not limiCed Co, reasonable <br /> attorncys' fees avd coste of title eviftence. <br /> if the power of sale is involced, Trnstee sliall record a nokce of defniilt ln eacli wunty v�wliich nny <br /> part of�tlie Property is lncaCed xnd sl�all mnil wpies of sach notice i�t tl�e utaimer prescribed by <br /> Applicablc Lnw to Borrower nnd to tlie otlier persons prescribed by Applicnble Law. After the time <br /> reqnired by ApplicaUle Law, Trnstoa eliall give pnbHc nokce oP sale to Yhe peram�s suid in tl�c mAnncr <br /> pre,ccrihed by Applicable l,xw. Trnsteo,witlroat dc�nand wi Borrower, ehall sell I:he Property ut pnblic <br /> nuction to the LighesC bidder at H�e tiine and place and audcr tho Yerme designaCed in Cl�e noCice of sale <br /> in one or more pnrcels flnd in ar�y order'Crastee determines. Trnstco mti,y pasEpone eale of�l[m� auy <br /> parcol of tlic Property by pnUlic amiom�cement ai t}ie Cime and plxce of'tmy previonsly schednled sale. <br /> I;ender or its designee mxy pm�clinso tl�c P�roperty at any sale. <br /> Upon receipt of pa,yuieuf oY Chc prico bid, Trustee ehall deliver Co the purehxser Trustee's docd <br /> cmiveyi�ig the l'�•operty. 'The recitxis in tlie Tr�vstec's deod sliall be prima fncie evidence of the 6�nth of <br /> tho sCatomcnYs made Yhero9u. TrnsCee sLall apply Yhe proceeds o1'tlie sale in tlm following orde�^ (n) Co <br /> all uosts and exponscs of exercieing El�e powar of eale, and Ll�e sale, inclnding the payment of tlto <br /> TrnsCee's fees actually incu�z�ed :md reaswinblc rtCtorncys' fces as pei�uitted by Applicable Law; (b) to <br /> all snms secm�ed by tliis Seca�tiiy in�trnmenY; :md (c) :uiy exocss Co tlic peremi or pereonN legally <br /> entiticd to it. <br /> 24000273 <br /> NE�RA51(A-Singlc Famlly-Fflnnie f+inelFreddle Mac UNIFORIei WSTRUMENT Form 3020 1701 <br /> VM P(y V M17 P8(NE)(1105) <br /> NJOl�era Kluwnr I'inanclal Servloes Page 74 ot 1Y <br />
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