200305309
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release ofany Hazardous Substances, or
<br />threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, nor allow anyone else to do,
<br />anything affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an Environmental
<br />Condition, or (c) which, due to the presence, use, or release of a lazardous Substance, creates a condition that adversely
<br />affects the value ofthe Property. The preceding two sentences shall not applyto the presence, use, or storage on the Property
<br />of small quantities of Hazardous Substances that are generally recognized to he appropriate to normal residential uses ancito
<br />maintenance ofthe Property(including, but not limited to, hazardous substances to consumer products).
<br />Borrower shall promptly give Lender written notice of(a) any investigation, claim, demand, lawsuit or after action
<br />by any governmental or regulatory agency or private party involving the Property and any Ha,o dolls Substance or
<br />Environmental law of which Borrower has actual knowledge, (b) any Environmental Condition, including but not limited to,
<br />any spilling, leaking, discharge, release or threat ofrelease ofany Huardous Substance, and (c) any condition caused bythe
<br />presence, use or release ofa Hazardous Substance which adversely affects the value ofthe Property. IfBorrower lem'ns, or is
<br />notified by any governmental or regulatory authority, or any private party, that any removal or other remediation of any
<br />Hazardous Substance affecting the Property Is necessary, Borrower shall promptly take all necessary remedial actions in
<br />accordance with Environmental taw. Nothing herein shall create any obligation on Lender for an Environmental Cleanup.
<br />NON- ITNIFORM COVENANTS. Borrower and Lender farther covenant and agree as follows:
<br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following
<br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under
<br />Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action
<br />required to are the default (c) a date, not less than 30 days from the date the notice is given to Borrower, by which
<br />the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice may
<br />result in acceleration ofthe sums secured by this Security Instrument and sale ofthe Property. The notice shall
<br />further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the
<br />non - existence of a default or anv other defense of Borrower to acceleration and sale. If the default is not cured on or
<br />before the date specified in the notice, Lender at Its option may require immediate payment in full of all sums
<br />secured by this Security Instrument without further demand and may invoke the power of sale and any other
<br />remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing the
<br />remedies provided in this Section 22, including, but not limited to, reasonable attorneys' fees and costs of title
<br />evidence
<br />Irty i power of sale h invoked, Trustee shall record a notice ofdefault in each county in which any porter
<br />the Propertyislocated and shallmail copies ofsuch notice in rt manner prescribed by Apcable eLawto Borrower
<br />and to the other persons prescribed by Applicable Law. After the time Applietl by Applicable Law, Trustee shall
<br />give public noticell ell t to the persons and in the manner the hest by Applicable Law. Trustee, without demand the
<br />(in to ms designated shall sell the Property i public auction to the highest bidderer the time and place and under the
<br />terms designated in the notice el sale in one or more parcels and in any order a time determines. Trustee may
<br />postpone sale of all or any parcel ofthe Property by public Property at any sa the timeond place ofany previously
<br />scheduled sale. Lender or its designee may purchase the Pro erry a[ any sale.
<br />the power at
<br />attorneys' fc
<br />excess to the
<br />23.
<br />re-convey the
<br />Instrument to
<br />Such person (
<br />Fire recitals in the Trustee's deed
<br />c shall apply the proceeds of the
<br />de, and the sale, including the I
<br />as permitted by Applicable Law
<br />rson or persons legally entitled t_ _.
<br />iyment of all sums secured by this Security Instrument, Lender shall reques'tTrnstee to
<br />lder this Scent try Instrument and all notes evidencing debt secured by this Security
<br />convey the Property without warranty to the person or persons leggally entitled to A.
<br />cmdationcosts. Lender may charge such person or persons a fee forreconveymgthe
<br />third party (such as the Trustee) for services rendered and the charging ofthe fee is
<br />Trustee shall deliver to the purchaser Trustee's deed conveying
<br />hall be Farman facie evidence of the truth of the statements made
<br />le in the following order: (a) to all costs and expenses of exercising
<br />yment of the Trustee's fees actually incurred and reasonable
<br />h) hI all suns secured by this Security Instrument and (c) any
<br />U. Suluilituto Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor
<br />trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is
<br />recorded. Without conveyance ofthe Property, the successor trustee shall succeed to all the title, power mid dunes conteured
<br />upon Trustee herein and by Applicable taw_
<br />25. Re near for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's
<br />address which is Te Property Address.
<br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrument and in any Rider executed by Borrower and recorded with it.
<br />Witnesses:
<br />(Seal)
<br />Bonowe, Mcan ou �
<br />41#10- 01 gkls /
<br />(Seal)
<br />Bonower Nora M. Young
<br />Bonower
<br />Borrower
<br />(Seal)
<br />(Seal)
<br />N'ERRASKA— Sui,ul Family-- F aaaic NedFreddw Mnc UNIFORM INSTRUMENT Form 3028 1101 (page Fof8pc v%)
<br />s154.C1 (M.2) TBD
<br />GOTO(M023931)
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