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200411991 DW ID i1: 0008534127711004 Borrower shall promptly give Leader written notice of (a) any investigation, claim, demand, lawsuit or other action by any governmental or regulatory agcy or prime party Involving the Property and any Hazardous Substance or Enviroamental Law of which Bmmwer has actual knowledge„ (b) any Environmental Condition, including but not limited to, any spilling, Iealdag, discharge, release or threat of release of any Humdous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substance which adversely efieets the value of the Property. If Borrower learns, or is notified by any governmental or regulatory authorfty, or any private patty, that any removal or other remediation of any Hazardous Substance af%cting the Property is necessary, Borrower shall promptly Was all necessary remedial actions in accordance with Environmental Law. Nothing heroin shall create any obligation on Lender for an linvironmental Cleanup. NON- UN1PORM COVENANTS. Borrower and Loader further covenant end agree as follows: 22. Acceleration; Remedies. Lender shall love notice to Borrower prior to aeeeleradou following Borrower's breach of say covenant or agreenocat in this Security InstmuM (bat not prior to acceleration under Section 18 unless Applicable Law provides otherwloe , The notice shag specify. (a) the default; (b) the action required to care the default; (c) a doh, not lea than 30 days from the date the oodra its gives to Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the date specified In the notice may result in acceleration of the sum secured by this Security Instrument and sale of the Proparty. The notice shall further inform Borrower of the right to reinatato after acceleration and the right to bring a court action to assert the non-existence of a default or any other defense of Borrower to acceleration and solo. If the default is not cared on or before the date specified to the aede:e, Leader at its option may require Immediate payment is tun of all soma secured by this Security Instrument without further demand and may Invoke the power of sale and a" other remedies permitted by Applicable Law. Leader shall be entitled to collect an expenses incurred in pursulug the remedies provided In this Section 22, indudiag, but not Hustled to, reasonable attorneys' fees sad costa of fide evidence. If the power of sale Is favoked, Trustee shag record a notice of default In each county in which any part of the Property Is located and shall mail copies of sash notice in the manner prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. Altar the time required by Applicable Law, Trustee shall give public notice of sale to the persons and In the manner prescribed by Applicable Law. Trustee, without demand on Borrower, shag sell the Property at public auction to the highest bidder at the time and place and under the terms designated to the notice of sale hs one or morn percale and fn any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at too time and place of any previously scheduled sans. Leader or fb dedgmee may purchase the Property at any sale. Upon receipt of payment of the price bid, Trustee shag deliver to the purchaser Trustee's deed conveying the Property. The recitals It the Trustee's deed shag be prima facie evidence of the truth of the statements made dherchL Trades shall apply the proceeds of the sale in the fallowing order: (a) to all costs and expenses of exembing the power of sale, and the sale, including the payment of tkc Trustee's has actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this Seearltq Instrument; and (e) say excess to the parson or persons legally entitled to tit. 23. Reconvoyaare. Upon payment of all sums secured by ibis Security laatrumem, Lender shall request Trustee to recouvey the Property and shall mareader this Security Instrument and all notes evidencing dolt secured by this Security Instrument to Trustee. Trustee shall moonvey the Property without warmoty to the person or persons legally entitled to iL Such person or persons shall pay any recordation costs. Lender may charge such person or persons a fee for reranvoying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging ofthe fee is permitted under Applicable Law. 24. Substitute Trustee. Leader, at its option, may from time to time remove Trustoe and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security instrument is recorded. Without convoyattee of the Property, the successor trustee shall succeed to all the title, power and duties confiaW upon Trusted herein and by Applicable Law. 25. Request for Notices. Borrower requests that copies of the notice of default and ale be sent to Borrower's address which is the Property Address. gk4A(Me) (aaaa;.w CM (01/Di) Pop 10 of t t t'orm SM 1/01