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201210890
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Last modified
7/20/2017 10:06:48 AM
Creation date
12/21/2012 11:15:30 AM
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DEEDS
Inst Number
201210890
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201210890 <br /> seritences shall not apply to dzc�resence, use, or storage on ttte Praperty af small quazitities of Hazardous <br /> Substences that are generally recognized to be appro�riate to noimal residentlal uses and to mainlenanceof <br /> the Property(includiug, buf not litnited to, hazardous suUstances in consumer products). <br /> Borrower sheill promptly give Leudar wrif�en notice of(a) any investigation, claim, demand, lawsui4 or other <br /> aolion by any g4vermnenfal or rogulatoxy agency or privaYe party involving the Property uid any Hnyarcious <br /> Substanea or Environment�tl I.aw of which Borrower has actual knowledge, (U) any EnvironmenE�l <br /> Condition, including but not limited to, any spilliiig, leaking, dischuge, release or threat of release of aary <br /> Hazardoue Substance, ancl(c) any conclition caused by the presence, nse oc release of a Hazardous Stiibstanco <br /> which adversely affects the valuc of the Property. If Borrower lea�'ns, or is notified Uy any govetmnenCal or <br /> ragtilatory authority, or any yrivate part5+, tltat any removal or oflier remediation of any Ha�lydous Substance <br /> af'fectin�tlie Property is necessazy, Borrower shall promptly teke a71 necessary remedial actions in <br /> accoxduice u�ith Enviromnental Law. No1l�ing herein shall creaYe any obligafion on l,ender for an <br /> A_nvironn7ental Cleanup. <br /> Non-Uniform Covenants. Borro�ver and Lender coven�nt ancl agree zs follows: <br /> 22. Acceleration; Remedies. Lcnder s6n11 give uotice to Borrower prior to acccicration following <br /> Rorru�ver's breach of any covenxnC or xgreement iu this Sccurity Instrameut(bnt nuk prior fo <br /> acceleratiov ander Section 18 nnless Applicable I.aw provides ntherwise). The votice shnll spccify: (a) <br /> the dofault; (b}the action reqiured to ci�re the de'faidt (c) T dflte, not less than 30 dnys frona the date <br /> the notice is given to Borrower, by whtcl� tlie defanit mnst Ire cnrcd; nnd (d) thxt fnihue to cnre Che <br /> defaulC nn or before Ylie d�ite specltied hi the nofice may residt in acceler�Ho� of Che snrns secured by <br /> tlus Secnrity InstrLiment ;md sxle of 8ie Property. Tl�e�latice shall further inlbrm Bnrrower of thc <br /> right to reinstnt�after accelerntimi and tho iight to bri�q; a court action Co assert tlie non-eristence of,� <br /> daPanit m� any other defense of Borrowcr to xcceleration and sale. Pf Che defaidt is not cnred on or <br /> before the date specified in flie noticq Lender at iLs o��timi may reqnire irumediato payiuent in f�ll of <br /> all smns secnred by Chis Secm�ity InsfxnmenC withonk furtlier demand aud mny invoke the power of enle <br /> and any other remedies permitied b,y Applicable Lnrv. Lcuder shall be entifled to collect nll expenscs <br /> incurved in pmstring the reniedies provided in tlus Section 22, iucluding, bnt not lemited to, reasmi.ible� <br /> attoineys' feee aucl costs of Hile evidenco. <br /> Tf the power of sule is inwlted, Trnstee shmIl record a notice of defaitlt ut cach comity in which any <br /> park of the ProperLy is located and shs�ll mnil copies of suclt notice in the mxnner prescribed by <br /> Applicabde T,aw Co Borrowcr aud to the otl�er persmis prescribed by�pplical�le Law. After t6e time <br /> roq��ired by ApplicaUle Law, Trustee shall givo pnblic notice of sa]e to tl�e persmis aucl in thc m�umer <br /> presca�ibed by Applicnblc L�w. 'Crnistee, n�iYteont demtmd on Boerower, shall sell the Propert,y uf public <br /> anction fo the 1�9gltest bidder at t1�e time nnd pluce and under tlie terms designaCed�i tiie notico of sale <br /> in mie or morc parcels ancl in any order Trnetee defermines. Trtrstce tuny postpone sale of flll or any <br /> p�reel of tlae Propert�r by pnblic annot�ncemerit at the timc nnd place oY any previonsly eclieduled snle. <br /> Lender or iCe designcc uiny pareL�se the Properfy at Any sa1e. <br /> Upoax reeeipC of pnyment o1'tlie price bid, Trustee sh:tll deliver to the pnrcliaser Trasfee's deed <br /> conveying the Properfy. 'I7ie reclCals in the'1'ruetee's deed shall be prima fncie evidanee of the trnth of <br /> Che stntemeiats inade tlierein. Tri�stee s6a11 apply Hie prococds of Che sxle in tlie followuig ordor: (a) to <br /> all costs and eapensee of exercising YJ�e power of salc, �nd t�he s�ae, inclaciing Clie pnyme�it of the <br /> Trnstce's fees lctnnlly incau•r•ed amd reasminblc attorneys' fees as pernutted by Applicable Lxw; (b) to <br /> all sums secnred by tlus Security Itistrwnent; aild (c) any excess Io tlie pe�reon or person,s]egallg <br /> eiibt�ed co it � <br /> 24003136 <br /> N GOCul51(A-Sln91a Pemlly-FaAnio M aelFredaie IA so UNIFORM WSTFUM EidT Form 3028 1101 <br /> VM P� VM f'A(N El('11051 <br /> Wolters Kluw or Flnanclal3ervioas Paqe 14 0!17 <br />
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