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� . 99 11218�
<br /> 20. Hazardous Substances. Trustor shall not cause or permit the presence, use, disposal,storage,or release
<br /> of any Hazardous Substances on or in the Property. Trustor shall not do, nor allow anyone else to do, anything affecting
<br /> the Property that is in violation of any Environmental Law. 'The preceding two sentences shall not apply to the presence,
<br /> use,or storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate
<br /> to nonnal residential uses and to maintenance of the Property.
<br /> Trustor shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by
<br /> any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or
<br /> Environmental Law of which Trustor has actual knowledge. If Trustor learns, or is noti�ed by any governmental or
<br /> regulatory authoriry, that any removal or other remediation of any Hazardous Substance affecting the Property is
<br /> necessary,Trustor shall promptly take all necessary re►nedial actions in accordance with Environmental Law.
<br /> As used in this paragrapl� 20, "Hazardous Substances" are tl�ose substances defined as toxic or hazarc�ous
<br /> substances by Environmental Law and tlie following substances: gasoline, kerosene, otl�er flammable or toxic petroleum
<br /> products,toxic pesticides and herbicides,volatile solvents, materials containing asbestos or formaldel�yde, and radioactive
<br /> materials. As used in tl�is paragrapf� 20, "Environmental Law" means federal laws and laws of the jurisdiction wl�ere tl�e
<br /> Property is located tl�at relate to health,saTety or environmental protection.
<br /> NON-UNIFORM COVENANTS. Trustor and Lender further covenant and agree as follows:
<br /> 21. Acceleration; Remedies. Lender shall give notice to Trustor and Borrower prior to acceleration
<br /> following any breach of any covenant or agreement in the Note or this Security Instrument (but not prior to
<br /> acceleration under paragraph 17 unless applicable law provides otherwise). The notice shall specify: (a) the default;
<br /> (b) the action required to cure the defaulh, (c) a date, not less than 30 days from the date U�e notice is given, by
<br /> whicl� the default must be cured; and (d)that failure to cure the default on or before the date specified in the notice
<br /> may result in acceleration of the sums secured by this Security lnstrument and sale of the Property. The notice
<br /> shall further inform ll�e Trustor and Borrower of the rigl�t to reinstate after acceleration and tl�e rigl�t to bring a
<br /> court action to assert the non-existence of a default or any other defense to acceleration and sale. If the default is
<br /> not cured on or before the date specified in the notice, Lender,at its option, may require immediate payment in full
<br /> of tl�e Note and all other sums secured by this Security Instrument without further demand and may invoke tl�e
<br /> power of sale and any otl�er remedies permitted by applicable law. Lender shall be entitled to collect all expenses
<br /> incurred in pursuing the remedies provided in this paragraph 21, including, but not limitcd to, reasooable
<br /> attorneys' fees and costs of title evidence.
<br /> If the power of sale is invoked,Trustee shall record a notice of defaul► in each county in which any part of
<br /> the Property is located and shall mail copies ot such notice in the manner prescribed by applicable law to Trustor
<br /> and to the other persons prescribed by applicable law. After the time required by applicable law,Trustee sl�all give
<br /> public notice of sale to the persons and in tl�e manner prescribed by applicable law. Trustee, witl�out demand on
<br /> Trustor or I3orrower,shall sell tl�e Property at public auction lo tl�e higliest bidder at tl�e time and place and under
<br /> the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may
<br /> postpone sale of all or any parcel uf the Property by public announcement at the time and place of any previously
<br /> scheduled sale. Lender or its designee may purchase the Property at any sale.
<br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying
<br /> the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made
<br /> therein. Trustee shall apply tl�e proceeds of the sale in the following order: (a)to all costs and expenses of exercising
<br /> the power of sale, tl�e sale, including the payment of tl�e Trustee's fees actaally incurred, not to exceed "/e
<br /> of the principal amount of the Note at the time of the declaration of default, and reasonable attoroeys' fees as
<br /> permitted by law; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons
<br /> legally entitled to it.
<br /> 22. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request
<br /> Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this
<br /> Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or
<br /> persons legally entitled to it. Such person or persons sl�all pay any recordation costs.
<br /> 23. Substitute Trustee. Lender, at its optian, may fi�om time ta time remove Trustee and appoint a
<br /> successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which tliis Security
<br /> lnstrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and
<br /> duties conferred upon Trustee herein and by applicable law.
<br /> 24. Request for Notices. Trustor requests that copies of the notices of default and sale be sent to '1'rustor's
<br /> address which is the Property Address.
<br /> 25. Riders to this Security Instrument. If one or more riders are executed by Trustor and recorded
<br /> together with this Security Instrument,the covenants and agreements of each such rider shall be incorporated into and shall
<br /> amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of tl�is
<br /> Security Instrument.
<br /> [Check applicable box(es)]
<br /> � Adjustable Rate Rider � Condominium Rider � 1-4 Family Rider
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