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20��0��3� <br />sentences shall not apply to the presence, use, or storage on the Property of small quantides of Hazardous <br />Substances that are generally zecognized to be appropriate to nornnal residential uses and to maintenance of <br />the Properiy (including, but not limited to, hazazdous substances in consumer products). <br />Borrower shall prompfly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other <br />action by any governmental or regulatory agency or private party involving the Property and any Hazardous <br />Substance or Environmental Law of which Borrower has actual l�owledge, (b) any Environmental <br />Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of any <br />Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substauce <br />which adversely affects the value of the Properiy. If Boaower learns, or is notified by any governmental or <br />regulatory authority, or any private pariy, that any removal or other remediation of any Hazardous Substance <br />affecting the Property is neressary, Borrower shall prompdy take all necessary remedial actions in <br />accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an <br />Environmental Cleanup. <br />Non-Uniform Covenents. Borrower and Lender covenant and agree as follows: <br />22. Acceleretion; Remedies. Lender shall gioe notice to Borrower prior to acceleration following <br />Borrower's bresch of any covenant or agreement in this Security Instrument (but not prior to <br />accelera6on under Section Z8 unl�s Applicable Law provides otherwise). The notice shall specify: (a) <br />the defanit; (b) the action required to cure the defanit; (c) a date, not less than 30 days from the date <br />the notice is given to Borrower, by which the default must be cnred; and (d) that failure to cnre the <br />default on or before the date specified in the notice may result in acceleration of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall further inform Borrower of the <br />right to reinstate after acceleration and the right to bring a conrt action to assert the non-existence of a <br />default or any other defense of Borrower to acceleration and sale. If the default is not cnred on or <br />before the date spec�ed in the notice, Lender at its option may require immediate payment in full of <br />ali sums secured bq tlus Security Instrument without further demand and may invoke the power of sale <br />and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses <br />incurred in pursuing the remedies provided in this Section 22, including, but not Wnited to, reasonable <br />attorneys' fe� and costs of title evidence. <br />If the gower of sale is invoked, Trustee shall record a notice of defanit in each connty in wluch any <br />part of the Property is located and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Borrower and to the other gersons prescribed by Applicable Law. After the time <br />required by Applicab�e Law, Trust� shall give public notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at public <br />auction to the I�igh�t bidder at the time and place and under the terms d�ignated in the notice of sgle <br />in one or more parcels and in any order Trustee determines. Trnstee may pastpone sale of all or any <br />parcel of the Property by public announcement at the time and place of any pre�ionsly schednled sale. <br />Lender or its d�ignee may purchase the Property at any sale. <br />Upon receipt of paqment of the price bid, Trustee sh�ll deliver to the purchaser Trustee's deed <br />conveying the Property. The re�itals in the Trustee's deed shall be pritna facie evidence of the truth of <br />the statements made therein. Trustee shall apply the proceeds of the sale in the £ollowing order: (a) to <br />all costs and expenses of ezercising the power of sale, and the sale, including the payment of the <br />Trustee's fees actually incnrred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this Secnrity Instrument; and (c) any escess to f.he person or persons legally <br />entitled to it. <br />�� KA-Single Family-Fannie Mae/Freddia Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />Wolters Kluwer Fir�nclal Services � 14 af 17 <br />