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201210444
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Last modified
7/20/2017 10:04:15 AM
Creation date
12/11/2012 10:06:51 AM
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DEEDS
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201210444
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��1�1�444 <br /> sentences shal� not apply tv�he presence, use, or storage on the Property of sma11 quantities af Hazard�us <br /> Substances that are g�neral�y recognized�o b�appropria�e tio norma.�residential uses and to maintenance of <br /> th�'Praper�y(xncluding, but not�imited�o, hazardous subs�an�es in consum�r products}. <br /> Borrov�er sha��promptly gi�re Lender written notice of�a} any in�estigat��n, c�ai.m, demand, lawsuit or other <br /> action by any go�ernmen� or regu�atory agency or private party in�a��ing the Property and any Hazardous <br /> Substance or Environmen�al. Law af�v�rh��h B�rrower has actual knawledge, (h}any�n�ironmenta.l <br /> Candit�on, includ�ng but not l�mi�ed ta, any spilling, leakixig, dis�harge, release or t�hreat of release�f any <br /> Hazardaus Substance, and(c}any conditivn caused by the presence, use or release of a Hazardous Substance <br /> whi.ch ad�ersely affects the�a1ue of the Pr�perty. If Barrawer learns, ar�s natifxed by any go�ernmenta�or <br /> regulatory auth�r�ty, or any pri�ate party, t�iat an�rema�ai or other remedzatinn of any Hazardaus Substance <br /> affe,�ting the Praper�y is necessaYy, Borrower sha11 pramptly�ake aI1 necessary remedial actions in <br /> accnrdance wi�h Environmentai Law. IVothing herein sha11 crea.te any abl�gatxon an Lender for an <br /> EnWir�nmental.�leanup. <br /> Non-Un�form Covenants, Borrovver and Lender covenant and agree as follows: <br /> 22. Acceleratian; Remed�es. Lender�ha��g�ve notice to Barrovver priar t�accelerat�on foliow�ing <br /> Borrower's breach oF any cv�venant or agreement in th�is Securi[ty Instrument[but not prior to <br /> acceleration under SectYon 18 unless Applicable I,Eaw provYdes other�w�ise�. The notice shall s�c�fy: �a} <br /> the default; (b}the action requir�to cure the default; �c} a date, not�es�than 3U�lays fram the date <br /> the notice is gi�en to Borrower, by which the rlefau�t must be cur�d;and�d}that failur�t�cure the <br /> default on ar befare the date s�c���I�n the not�ce may result Yn ac�e�erat�on of the sums secured by <br /> t�us S�cur�ty ent and sale of the Propert�.The notice shal�further�nfarm Bvrrower of th� <br /> r�ght to rexnstate after accexeration and the right t�bring a court act�an to assert the non-existence of a <br /> defau�t vr any other defense of Sorrov�er to acce�eratYon and sale.If the default is nat cured on or <br /> before the date spe.c�fied in the not�ce, L�nder at its option may require immediate payment in fu�Z of <br /> a�l sums s�uur�d by this 5e�urity In.strum�nt without further demand and may xn�oke the power of sale <br /> and any other remedai�s permitted by App�icab�e�aw.Ilender shall be ent�t�et�to co�lect ali ex�nses <br /> incurred in pursuYng the r�medies provided in this Se.ct�on 22, including, but nat limi#�to, reasonab�e <br /> attarneys' fees and costs aF t�tl�e�aidence. <br /> If the power of sale is in�oked, Tru�tee shall re�ord a notice of default in each county�n which aay <br /> part of the Progerty is�ocated and shall ma�il cap�es of�u�h not��e�n the manner pre�crib�by <br /> Applic�ble I.�aw to Barrower and tn the other persons prescrih�tl by Applicable Law. After the time <br /> requir�d by Applicable Law, Trvstee shall gi��public not�ce of sale to the�rsans and�in the manner <br /> prescrib�ed by AppY�cable Law. Trustee, without demand nn Barrower, sha�l selx the Property at public <br /> auciion to the h�ighe�t bidder at the time and piace and under the terms de�ignat�in the notx�e vf s�e <br /> in one vr more parce�s and in any arder Tru�tee d�termines.Tarustee may postpane sale of a�l or any <br /> parcei-of the Praperty by pub�ic aanvuncement at the time and p�ace oF any pre�ious�y scheduled�ale. <br /> Lender or its designee may purchase the Property at an�sale. <br /> Upan receipt of payment of the�rice bid, Trustee shaX�de�i�er to the purchaser Trustee's deed <br /> con�eying the I'roperty. Th�r�itals in the Trustee's deetY sha�l be prima facie evidence of the truth of <br /> the statements made therein. Tru.st�shal�apply the proceeds af tbe sa�e in th�foYlawing order: �a�to <br /> a�i c�sts and expens�s of exercising the povwer of sa�e, and the sale, includYng the payment of the <br /> Trustee's fees actua�ly�ncurred and reasonable attarn�ys' fe�s as�rmitfed�y�l,pplicable Law; [b�ta <br /> all sums se�cured by this Secur�ty Instrument; aad tc}any ex�ss to the person nr�rsons le�ally <br /> entYtled to it. <br /> N�6RA51�A-Single Family-Fanrne Ma�lFredd�e Mac UNi�ORM INSTRUMENT �orm 3028 71�7 <br /> VMP� VMPfi(N�]t�?05y.d4 <br /> Walt�rs ICluwer Financiai 5er��ces Page 14 vf 7 7 <br />
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