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201208789 seutznces shall not apply to the presence, use, ar sforage on the'Propertg of small quan$ties of Haza.rdous Substances fhat are generally recoon;�ed to Ue appropriate to normal residential uses and to maintenance of the Yroperty(includiag; but not lumted to, hazaxdous sulNtances in consumeT praducts). Borrowa shall proxnpfly give Lender written norice of(a) any itivestigation, claim, demand, lawsuiT or other action by aay governmental or regulatoxy agency ar private patty involoing the Property and any Hazardous Substance or Environmental Law of which Borrower lias actual knowledge, (b)any Environmental Conditian, �ncluding but noY limited tq any spilling lealang, discharge, xelease o�threat of release of any IIazardoi�s Substance, and(c) any conditicm caused by the presence; use or rzlease of a Hazardous Substance which adve�sely affects the value of the Properiy. If Borrower Iearns, or is notified by ury govermnental or regulatory audiority, or any private party, that any removal or other remediation of any Haz�rdous Substance affecting the Property is necessary, Bonower shall prompfly Yake all neeessary r�medial acrions in accoxdance�[nth Enviromnental Law. Nothing h�ein shall create any obliga6on on I ender for an Eavironinantal Cleannp. Non-Uniform Covenants. Borrow�er and Lender covenant and agree as follows: 22. Acceleration; Remedies. I.ender shttll give norice to Bornower prior to aceeleration fo3lowing Borrower's breach of any covenanf or agreement in this Secnrity 7ustrument(but nqt prior to aeeelerafion under Seclion 18 nnless Applicable Law provides otherwise). The notice shaIl specify: (a) the default; (b)the acrion required to cure the default; (c) s date, not less than 30 days from the date the noflce is given to Borrower, by which fhe default mnst be cured; and(d)that failnre to cure 4he default an or before the date speciCned in the notice may resulY in aecelerafion of the snrus secured by tlus Security Inslrument and sale of the Property. 'I'he notice shall further inform Borrower of the right to reinsfate after acceleration and the right to bring a coart action to Assert fhe non-e�stence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its o�tiou mag requflre immediate payment in full of all swns seCpred b�this Seciu-ity Instrumemt without fiu-ther demand and may invoke the p6wer of sale and any other remedies permitted.bv Applicable Law�. Lender shall be enfifled to wliect all eapenses incnrred in pursn*nan the remedies provided in this Section 22, including, but not]fmited to, reasonable attomeys' fees and costs of fitle evidence. If the power of sale is invoked, 17nstee shall record a nofice of defantt in cach county in whicG any parf of the Property is locAted xnd shall mail copies of such noflce in the�nanner prescribed by Applicable La�v to Borro�er and to the ofher persons prescribed by Applica6le L.aw. After tlie time required by Applicable Law, �vstee shall give public hotice of sale to the p0rsons and in the manner preseribed by rSpplicable Law. Truskee, withouY demand on Borrower, shall sell the ProperEy at publiC aucfion�o the highest 6idder at the fime and place and under the terms designated in the notice of sale in une or more parcels and in an.y nrder�Ynstee determines. TYvstee may postpohe sale pf all or any parcel of the Property by pnUlic annonncement xt the fime and pdace of anv previousiy scheduled sale. Lender or its designee may purcluse the 1'roperty at any sale. IIpon receipt of puyment of the priee bid, Trustee shall deliver to the purchasee Tnistee's deed conveying the Properiy. The recitals iu the Trustee's deed shall be pi•i�va facie evidence of the truth of the statemcnts made thereiu. Trustee shall apply the proceeds of the sale in Yhe following order: (a) to all costs and expenses of exercising the power of sale, :amd the sale, including the payment oF the Trustee's fces uchisilly incwred and reasonable attomeys' fees as permitted by AppiicaUle Law; (b) to all sums seeured 6y this Security Insianment; and{c) anv e�cess to tlie person or persons legallv eutitled to it. � zaoazast NFBMSKASingle Family-Fannie M ee�Reddie M ac UNIFORM1I INSTRUtd ENT Form 3029 1101 VMPQ VMP6(N�C�105) W olters Kluwer Financlal Services Page 14 of 17