201210451 - Laserfiche WebLink

Browse

201210451 sentences sha11 not apply to the preseiicc, u�q or storage on Yhe Property oP sma11 quantitiies of Hazarclous Stiibstanees that are genarally recognized to 6e t�propriate to normal rasidenfanl uaes and to mainkenance of the Property (inoluding, but not limited to, hazu�dous subaCnnoee iii consmner produete), Borrower sha11 promptly give Lender written noHce o£(a) any invcstigation, claiin, demand, lawe'uiti or other action by any goveriunenfal or rcg�ilafory agency or private pazty involving the Property and any I3lzardous Substauce or Euviromnental Lnw oP whicl�Boreower has actual lmowledge, (b) azry Bnvironmeutal Condition, including but not liinited tq any spilling, lcaking, dischtuge, releaec or threat oProlcase of aziy Hazardous Substvice, and(c) uiy condiGon caused by Che presenco, nse ox release of a IIaznrdou� Subntance which advereoly affccts the value of fl�e ProparCy. If Borrower lenrns, or is nofified by any governmental or reguleCory authority, or any privaW p2rty, that any removal or otlier remediation of any Ha7ardous Substance affcctiiig the Property ie necessary, Ba�rower shall promptly take all uccessaiy remedial actione in accardance with I3nvisoim�ental Law. Nothing herein sha11 create any obligaLion on I,ender fbr an Enviroiunental Cleanup. Non-Uniform Covenants. Borrower and Lender covcnant and agree as £ollows: 22. Acceleration; Remedies. Lender ehall give notice Eo Rm�rower prior Co ncceleration following IIm�t•ower's brcncli of xuy covenant or agreemenC in Chig Security I�ist��amont(buC not prior ln xecelerntion imder,Sectimi 18 �mless ApplicaUle Law provides oC}ierwise). Tl�c notice sl�all apecify: (a) ttie defaiill; (h) Ehe action required ko cure tlic defatdt; (c) a date, �mC le�s than 30 days fro�n t6o date the notice is given fo Bm�•ower, by wl�ioh the defuidt mi�st bo�cnred; mid (d) that failare to enre tlio defaidt on or bePorc the date specified in Clie nofice may result in i�oceleration of the snms secared by tliis Secarity I�istrnnient smd snlc of the Property. The noNce sl�all further uiforin Borrower of fhe rig}it In reinsCnCe afYer neceleratimi:�nd tl�e right to bring n court ac[ion Co tiasnrt tl�e non-existenco of n defanit or any other defenae of Borrower to accelerafion und snle. IF Ylic def'anit is noC cured on or before tlic dntc specified in tl�e notice, Leuder at its option may require iinmcdiaCe payment in fidl nf all 9nms semired by tl�is �ecurity Instriwcut witlioirt fnrtlier demand and n�Av fnvolce tlie powcr of sale flnd any oiLer remedies poi�nitted by Applic�ble Lxw. Lender sltall be entitled to collect till expenses iucnrred in pnrsidng the reinedies provided in Cl�ig 9ectior�22, incladtng, but not liniited Yo, reasmixble nttorncys' fces nnd cosEs oF tiCle evidence. If the power of sale ie invalced, Trastco sltall record a notice of defnnit In eacl�wmrty in wl�icl�nny parC of Che ProperCy Ss locat'ed aud shull mxil copies of sncli notice in Clie ntanner prasciihed by Applicnble Law to Borrower nnd to the oihee pereons pre,vcribed by Applionble Lnw. After the Cime reqnu•ed Uy Applicable La�o, Trnstce shnll givc pnblic notice of s�le lo Clie persm�s and in tl�c mnnner prescribed by Applicable I1aw. 'I'rustee, witl�out deinand on Borrower, shall sell Che Property at pablic auctioA� to the liigliest bidder at the time and pince and underthe kerins designated in the notice of Knle in one or more ynrcels and in nny ordcr Trnstcc detcrmines. Trnslee�nny postpune snlc of all or nny parcel of the Property by public ��nnouncement nt Uie timo nnd place of any previously schednled eulo. Lender or its designee inay piu•chase tho Property at Any sale. Upon receipt of payn�ent of the priee bid, Ti�astee shsdl delivcr to the pnrchnser'lrnsfee's deeU cmiveying tlie Property. Tlie reciCals in Che TrttsCee's deed sliall be l�rima facle evi�lence of Hia[rqtl�of II�c statemcnts medc tl�crcin. TA•nstec slinll apply the proceeds of the sale in tlie foIIowing ordor: (a) to all costs and expenses of'exercxsing the powcr of sulo, and tlie sale, inclnding tlie payment of tlic Trnetee's fees acCnally incnrred and reasonahle attm•neys' fees ae pcA•mitted by Applicahle Law; (b)to all sim�s secnred by tlus Secnrity vietrmnent; �nd (c) any exce,9s to tlie person or pci�sons legnlly entitled to ik. znooxsss NEeMSKA-3ingle f-amlly-Pannle Maelfredtlle Mac 11NIFORM INSTRUM ENT Porm 3028 l/01 VMP@ VMP6NE 1106 Woltere Kluwer Flnanclel Servlcee Page�4 of 1�