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20120133g <br />adversely affects the value of the Property. The preceding two sentences shall not apply to the <br />presence, use, or storage on the Property of small quantities of Hazardous Substances that aze <br />generally recognized to be appropriate to normal residential uses and to maintenance of the <br />Properly (including, but not limited to, hazardous substances in consumer products). <br />Bonower shall promptly give Lender written notice of (a) any investigation, claim, <br />demand, lawsuit or other action by any governmental or regulatory agency or private party <br />involving the Property and any Hazardous Substance or Environmental Law of which Borrower <br />has actual knowledge, (b) any Environmental Condition, including but not limited to, any <br />spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any <br />condition caused by the presence, use or release of a Hazardous Substance which adversely <br />affects the value of the Properly. If Bonower learns, or is notified by any governmental or <br />regulatory authority, or any private pazty, that any removal or other remediation of any <br />Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all <br />necessary remedial actions in accordance with Environmental Law. Nothing herein shall create <br />any obligation on Lender for an Environmental Cleanup. <br />follows: <br />NON-UNIFORM COVENANTS. Bonower and Lender further covenant and agree as <br />22. Acceleration; Remedies. Lender shall give not�ce to Borrower prior to <br />acceleration following Borrower's breach of any covenant or agreement in this Security <br />Instrument (but not prior to accelerat�on under Section 18 unless Applicable Law provides <br />otherwise). The notice shall spECify: (a) the default; (b) the action r�uired to cure the <br />default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by <br />which the default must be cur�; and (d) that failure to cure the default on or before the <br />date specified in the notice may result in acceleration of the sums s�ured by this S�urity <br />Instrument and sale of the Property. The notice shall further inform Borrower of the rlght <br />to reinstate after acceleration and the right to bring a court action to assert the <br />non-e�ristence of a default or any other defense of Borrower to acceleration and sale. If the <br />default is not cured on or before the date speci�ed in the notice, Lender at its option may <br />require immediate payment in full of all sums s�ured by this 5ecurity Instrument without <br />further demand and may invoke the power of sale and any other remeclies permitted by <br />Applicable Law. Lender shall be entitled to collect all e�enses incurred in pursuing the <br />remedies provided in this Section 22, including, but not limited to, reasonable attorneys' <br />fees and costs of title evidence. <br />If the power of sale as invoked, Trustee shall record a notice of default in each county <br />in wluch any part of the Property �S located and shall ffiail copies of such notice in the <br />manner prescribed by Applicable Law to Borrower and to the other persons prescrlbed by <br />Applicable Law. After the time required by Applicable Law, Trustee shall give public <br />notice of sale to the persons and in the manner prescribeci by Applicable Law. Trust�, <br />without demand on Borrower, shall sell the Property at public auction to the highest bidder <br />at the time and place and under the terms deisgnated in the notice of sale in one or more <br />p�rcels and in any order Trustee determines. Trustee may postpone sale of all or any <br />�B�ls� — Single Family — Fannie hYae/Freddle Mac UNIFORM INSfRUMENT Foem 3078 � <br />GCC - G3028-16 (09/Ol) (Page 16 of 19) Initials: <br />