200200738
<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 Hazardous Substance, creates a condition that adversely
<br />affectsthevalucofiheProperty. The preceding two sontcnccs shall not apply tothe presence, use, or storage on the Property
<br />oflonall quantities off lazardmus Substances that are genera Ilyrecognized to be appropriate to normal residential uses and to
<br />maintenance of the Proparty (including but not limited to, hazardous substances to consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsmtorotheraction
<br />by any governmental or regulatory agency or ptivate party involving the Properly and any Hazardous Substance or
<br />Envirunmental Law ofwhich �orrower liar uclual knowledge, (b) any Lnvironmental Condition, including but not limitedto,
<br />any spilling, leaking, discharge, release or threat ofrelease ofany Hazardous Substance, and (e) any condition caused bythe
<br />presence, use or release ofa Hazardous Substance which adversely affects the value ofthe Property. [[Borrower Icarus, m is
<br />notified by any governmental or regulatory authority, or any private party, that any removal or other remediatton of any
<br />Hazardous Substance affecting the Property, is necessary, Borrower shall promptly take all necessary remedial actions in
<br />accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an Environments] Cleanup.
<br />NON - UNIFORM COVENANTS. Borrower and Lender further 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 cure the default; (c) a dale, not less than 30 days from the date the notice is given to Borrower, by which
<br />(lie default must be cured; and (d) that failure to cute the default on or before the date specified to Ilse notice may
<br />result in accelerations ofthe sums secured by this Security Instrument and sale ofthe Property. The notice shall
<br />further Inform Borrower ofthe right to reinstate after acceleration and the right to bring a court action to assert the
<br />non- existence of a default or any 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. la Irty i pow erd at a nd h Invoked, Trustee shall record a notice net presc in each rnunty in which any part er s the Property is locate nd shall mall copies of such notice in the manner prescribed by Applicable Lawto Borrower
<br />and to the other persons prescribed by Applicable Law. After the time required by Applicable Law, Trustee shall
<br />give public notice of sale he the persons and !it the manner prescribed by App licahle Law. Trustee, without demand the
<br />on Burrower, shall sell the Property i public o more m the highest bidder at the Trustee time and place and under the
<br />terms designated in the notice el sale in one or more parcels and to any order a time determines. Trustee may
<br />postpone sale of all or any parcel ig the Property by public announcement sa the time and place of any previously
<br />schedule) sale. Lender or its designee may a purchase the Properly at any sale.
<br />Upon receipt it payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying
<br />the Property. Therecitalsinhe pr ceeds's deed shall be prima facie evidence of the truth ofthe statements made
<br />therein. rcostaeshall apply theproceeds ofthe sale in the following order.feetoall costs and expenses o e,vionlible
<br />the power fees sale, and the sale, including the payment of the Trustee's fees actually innstred and reasonable
<br />attorneys' fees as permitted by Applicable Law; (b) to all rums secure) by this Security Instrument; and (c) any
<br />excess to the person or persons legally entitled to it.
<br />23. Reconveyance. Upon payment ofall sums secured by this Security Instrument, Lender shall requestTmsteeto
<br />re -convey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security
<br />Listrumentto Trustee. Trustee shall reconvey the Property without wail all the person or pet sons legally emitted to it.
<br />Such person Or Pei shall pay anyrecordation costs. Lender may charge such person or per sons a fee for i econveyingthe
<br />Property, but only if the fee is paid to a third party (svch as diet rustee) for services rendered and the charging ofthe fee is
<br />pennimd tinder Applicahle Law.
<br />24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor
<br />trustee to any'liustee appointed hereunder by an instrument recorded in the county in which this Security Insnvmcnt is
<br />recorded_ Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred
<br />upon Trustee herein and by Applicable Law.
<br />25. Request for Notices. Burrower requests that copies ofthe notice ofdefault and sale be sent to Borrower's
<br />address which is the Property Address.
<br />BV SIGNING BELOW, Burrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrument and in any Rider executed by Borrower and recorded with il.
<br />Witnessesr / //�/1
<br />v'� (Seal)
<br />B e
<br />(Seal)
<br />(Seal)
<br />(Seal)
<br />Borrower
<br />NtliltASKA Sinklc Fnmily— Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Fu—,3028 1161 (pnpe7nf8pagvs)
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