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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) <br />I11GCv ryap G 1137 <br />GO'r OfarNIti130) <br />