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200303085 by any governmental or regulatory authority, or any private party, that any bro oval or other minediatlon of any Haandme Substance affecting the Property is necessary, Borrewar shall promptly take all necessary ccur al actime, in accordance with Eachrmmeutal Law. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 22. Accelemtlon, Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's broach of any covenant or agreement in this Security Instrument (but not prior W accelerate.. under Section 18 unless Applicable Law provides otherwise). The notice shall specify (a) the default; (b) the action required t0 cure the default, (c) a data, not less than 30 days from the date the notice is given 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 Security Instrument and sale of the Property. The ..lice shall further inform B ... wer of the right to reinstate 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 sale. If the default is mat council on or before the data specified in the notice, Lender at its option may require immediate payment in full of all sums seemed by this Security Instrument without further demand and may invoke the power of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this Section 22, including, but at limited to reasonable attorneys' fen and costs thinly evidence. If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the Property is located and shall mail copies of such notice in the manner prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time required by Applicable Law, ITestee shall give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale - Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Tmatee's deed conveying the Property. The recitals In the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following aide, (a) to all costs and expenses of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law, (b) to all sums secured by this Security Instrument; and (c) any excess m the person or persons legally entitled to it 23. Reconveyanee. Upon payment of all sums scc,i.d by this Security hu rumenL Lender shall regnmt Trustee to roc very the Priority and shall surrender this Societies Instrument and all notes evidencing debt secured by this Security hrstmment to Trustee. Trustee shall overeve, the Property without warranty in the person or persons legally entitled to it Such person or persons shall pay any nee derma lusts. Lender may charge such person or persons a fee for exonveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is permitted tinder Applicable law. 24. Substitute Trustee_ Lender, at its option, may from time to time remove Trustee and appoint a successor trustee in any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is reeoMed. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law, 25. Request for Notices_ Borrower requests that copies of the notice of default and sale be sent to Borrower's address blush is the Property Address. 1f' �I(�1 NiIER1000236146 1000236146 Y \^ \ 16 , 0 (Ck-%mNE)y0,t, y. 11 ons 1°)-- From 3028 1/01