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200302633 by any lei uul or egole:un uuthoriw, .:r any private party, that any removal or other remediation of any I IwdrJoiu Subsmnce at aaing the Propern Is necessary, Borrower shall promptly take all necessary remedial actions in accordance wish Environmcmal Law. Nothing herein shall create any obligation on Lender for au Iinvironmenlat C1 cite up. NON -U N I DORM COVET\ AYES. Boll �c , and lender further covenant and agree as follows: 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of may covenant or agreement in this Security Instrument (but not prior to acceleration under Scene. IS unless Applicable Law provides otherwise). The notice shall specify: (a) the defaulq if,) the action re,luircd to cure the default; (c) a date, notless than 30 days from the date the notice is aicen 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 sums secured by this Si instrument and sale of the properfy. The notice shall further inform Borrower of the right to reinalatc after' acceleration and the right to bring a court action to assert the non - existence of a default or env other defense of Borrower to nccderation and sale. If the default is not cured on or before the date specified in the notice, Lender at its option may require immediate payment in full of all sums scroll el by this Scem'ip Instrument without further demand and may invoke the power of sale and am' other remedies a milled by ,Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies Provided in this Section 22, including, but not limited tog reasonable aLLOrnevs' Ices and rusts of title cc idence. 11' the power of sale is im ol<cd, 'ITustcc a hall record a notice of default in each county in which auv part rot' the I'rnperfy is loomed and shall mail copies of such notice in the manner prescribed by Applicable I are to Barroom and to the othor persons prescribed by Applicable Law. After the time reeluired M epplicabl, Law. t rostec Shull ice public notice of saleto the persons and in the manner prescribed he gpplieable Law. 'Bastes. tei!hout demand on Borrower, shall sell the Property at public auction nt the highest bidder at the time and place and under the terms designated in the notice of rule in one m' more parcels and in ouv order Trustee determines. Trustee may postpone sale of all or env parcel of the Property by public announcement at the time and place of any previously scheduled sole. Lender or its deli „ace mac purchase the Property at any sale. Upon receipt of payment of the price bid. Trustee shall deliver to the purchaser Trustee's deed conveying the I'ropert7. The rcritab in Line 'T'rustee's deed shall be prima facie evidence of the truth of the statements made therein. 'f rustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of exercising the power of sale, and the sale, including the payment of the Trustee', fees aomulh incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums srxvred by !his Security Instrument: and (c) any excess to the person or persons legally entitled to it. 23. Rcenocyance Upon payment of all sums secured by this Security Instrument, Lender shall request 'fnnux to «convey the Propertr and shall surrender this Security Instrument and all notes evidencing dc1)1 secured by this Sccul* Insu nem to Trustee. Trustee shall reconvey the Property without warramv to the person or persons ICeelly entitled to it. Such person or persons shall pay any rectodwion gnu_ Lender nine Juu'gc such pernau or persons a fee for reconveying the Property, but only if the Ice is paid to a Third pane (such as the 'Iius(ee) for services rendered and the charging of the fee is permitted under Applicable Lie 24. Suh,mutc Trus'Ice. I it Its option, may from time to time remove Trustee and appoint a successor tru: me :o um Tmemc oppoinlcd here mdei by an instrument recorded in the county in which this Seouritr Ics! �m a :ccordcd_ AA'lihool t ...incc of the Property, the successor tmstee shall succeed to all the title_ cr and uu-s courcrruel up ! ,cc herein and by Applicable Law. 25. Reyucst for Notices. Bonouc, rcqucns that copies of the notice of default and sale be sent to Borrower's addmss which is the Property Aeldrua. (06(NE)mrrs. i,..s or is �stais: Focri 1/01 o