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201206276
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201206276
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Last modified
7/20/2017 9:43:59 AM
Creation date
8/1/2012 11:00:45 AM
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DEEDS
Inst Number
201206276
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201206276 <br /> sentences shall not apply to Che presence, use, or storage on tl�e Property� of small quantiCies of Hazardous <br /> Substances diat 2re generally r�cognizcd Co he approprinta Yo normnl residential uses and to mainrenance of <br /> the Property (iilcludin6, buf not limited Co,hazardous substauces in consumer produeCs). <br /> Borrower shall pron��pGly giva I�.ender writteu i�ocice of(a) any iuvestigation, elaim, demnnd, lawsuit or othee- <br /> aclion by any governmental or regulatory agency or private parCy involving tl�e ProperCy and any Hazardous <br /> Subseance or Bnvironme�t21 Law oY which Borrower has aetual kxiowledge, (b) any Environmental <br /> Condition, iucluding vut not limited to, any spilling�, lealtiug, discharge, release ar threat of release of any <br /> Hazardous SuUst�tnce, aild (c) xiiy condition eausad Uy the preseuce, usc or release oP a Hazu�dous Subst�vice <br /> wliich adversely aff'ects the valuc oP Uie Property. IP Borrower learns, ox is notified by ai�y governniental or <br /> iegalatory authority, or any private party, Cl�at uiy remov�Q or ofher remediation of any Hlzardous SubsCanee <br /> afFecting the Property is necessary, Borrower shal] prompHy take all necessary i�emedial actions in <br /> aecordance wiTh Hnviroiuuental Law. NoGiing herein sli�ll create �my obllgaCion on Lender for 1n <br /> �nviimm�ent�21 Cleunup. <br /> Non-Unifiorm Covenants. Borrowcr and Lender eovenant nnd t�gree as follows: <br /> 22. Acceleration; Remedies. Leuder shall give uotice to Borrowcr prior tu acceleration Pollo�viug <br /> Borrower's brcacli of any covenai�t or agreement in tl�is Security I�vsCivmeuf (but not prior to <br /> acccloration uuder SecEiou 18 uuless Applicablc L�w pirovides othei��ise). The noticc shull speciPy: (a) <br /> tl�c det'ault; (b) the actio» required to enre thc default; (c) a date, not less than 3D days fi�om the date <br /> the�zofi¢e is given to i3orrower, by wliich Wic default must be curetl; and (d) tliat failure Co cure the <br /> dePault on or before the date specit'icd in the�iotice may resnit in acceleratio�of the sun�s secured by <br /> this Sectnity Instrnment and salc uf tlie Yiroperty. The notice shall furtlier inforrn Borrower of thc <br /> ri�ht to reiustnte after acceleration ai�id the i�ghC to bring n court action to asseit the uon-existence uf a <br /> dcYnalt or nny uther defense oP Borrower to accciloratiun tmd sale, if tlie defattilt is not cured un or <br /> before 6he date s�ecifiecl in tl�e noticc, Lender .zt its option may reqn9rc immediute payment in Pidl of <br /> all sums secured by Chis Sccurity Iush•umenC withont ftu•ther demamd and may iuvolce the powcr of sale <br /> aud any other remedie,s pern�itted by ApplicNble Law. Lender shall be eu4itled Co collect all expenses <br /> incnrrecl iii purSuing tlxe remed9es provicicd in this Ses tion 22, inclucling, uut not limited fo, reasonable <br /> aCCorneys' fees and coshs of title evidcnce. <br /> If Che power of snle is involced, Trustee shall record a noEice of default iii each couuCy in which auy <br /> parC of the Property is locatod vid shall mail copies of sncli uoticcin the ma�iner prescribed by <br /> Applic�`tble Law to Borrower tuzd tu the oClier persmis prescribed by Applicable Law. AFter the time <br /> requirecl by Ap��licable Law,'PrusCee shall give pnUlic notice uf sale Co tilie persons and iu tlio mam�er <br /> piroecribed by Applicable Law. 'ftilistee, without dcinaud uu Boiz•ower, shall sell the Propert,y at ptiblic <br /> r�7�cfion to the highesC bidder aY the time and z�lace and under the terms clesignated i�i the not9ce of sale <br /> in one or more parcels and in any urder 'frnaCee cletermines. Trustcc may postpone sale of all or any <br /> parcel of the Property by public annom�cement 1t the timc�nd place of tu�y previously scheduled sale. <br /> Leuder or its designee may purchase flie Piroperty nt u�iy aale. <br /> Upou reccipt of pa,yment of the price bid, Trnstee sliall deliver to the purclTaser Trustee's Aeed <br /> emiveyvib the 1'iroperCy. The recitals ui the Trustce's deed shall be prima facie eviclence of the truth of <br /> the stutemeitts�nade Cherein. TrnsYee shall ap��ly the piroceeds of the sale 9n thc following order: (a) to <br /> txR wsts and expenses oP exercisiug tlic��ower of sale, and the sale, inch�diug the payment ol'Che <br /> Trnstee's Yees�etually iucm�red and reasouable aCtorneys' eees as �ximittcd by Applicable Law;(b) to <br /> all sams seeured by this Security lnet�•mneuC; and (c) aziy escess to the person or peisona legally <br /> ei�titled to it. <br /> . _.__._ zaooiso2 <br /> NG�RASICFl-SIn9�e f-amily�Farinie MaelFreddia Mac UNIFOHfJ�INSTRUMENT Form 3028 1101 <br /> VINP W VMPGME)111061 <br /> Wolmrs KWwar Finonclol&arv'mo� Fapn 14 ni 1] <br />
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