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Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances, or
<br />threaten to release any Iazardous 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 Hazardous Substance, creates a condition that adversely
<br />affects the value of the Property. The preceding two sentences shall not apply to the presence, use, or storage on the Property
<br />of small quantities ofHazardous Substances that are generally recognize( to he appropriate to normal residential uses and to
<br />rnaii ,.tenance of the Property (including, but not limited to, hazardous substances in consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit orother action
<br />by any governmental or regulatory agency or private party involving the Property and any Hazardous 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 of release of ary Hazardous Substance, and (c) any condition caused by the
<br />presenc4, use or release of a Hazardous Substance which adversely affects the value of the Property. If Bo=wer le,�trrns, or is
<br />notified by any governlnental or regulatory authority, or any private party, that any removal or other remediation of any
<br />Hazardous Substance at,ectinFM the Property is necessary. Borrower shall promptly take all necessary remedial actions in
<br />accordance with Environmental Law. Nothirw herein shall create anYobligation oa Lender for an Environmental Cleanup.
<br />NO UN N1 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 />Borrow'er's breach of arty covenant or agreement in this Security Instrument (but not prior to acceleration under
<br />Section IS unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action
<br />required to cure 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 of the sums secured by this Security Instrument and sale . of the Property. The notice shall
<br />further inform Borrower of the right to reinstate after acceleration and the right to bringa cou. t action to assert the
<br />non - existence of a default or any otlier 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 opticn may require immediate payment in full of all sums
<br />secured by this Security Instrument without further deniand and may invoke the power ofsale and any other
<br />remedies permitted by Applicable Law. Lender shall be entitled to coflect 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 />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of
<br />the Property Ls located and stall mail copies of such notice in the manner prescribed by Applicable Law to Borrower
<br />and to the other pemons prescribed by Applicable Law. After the time required by Applicable Law, Trustee shall
<br />give public notice of sale to the persons and iri the lnanne.r prescribed by Applicable Law. Trustee, without demand
<br />on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under tine
<br />ter-nis designated in the notice of sale in one or more parcels and in any order Trustee (determines. Trustee may
<br />postpone sale of all or ally parcel of the Property by public announcement at the time and place of any previously
<br />scheduled sale. Lender or its designee may purchase the Property at any sale.
<br />Upon receipt of pavment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying
<br />the Property. The recitals in the "t'rustee's deed shall be prima facie evidence of the truth of the statements made
<br />therein. Trustee shall apply the proceeds of the sale in tire following order: (a) to all costs and expenses ofexercising
<br />the power of sale, and the sale; including the paynient of the Trustee's fees actually incurred and reasonable
<br />attorneys' fees as permitted by Applicable Law; (b) to' ll sums secured by this Security Instrument; and (c) any
<br />excess to the person or persons legally entitled to it.
<br />23. Reconveyance. Upon payment of alI suns secured by this Security Instrument, bender shall request Trustee to
<br />re- convey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security
<br />Instrument to - rrusiee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it.
<br />Such person or persons shall pay any recordation costs. Lender may Charge such person or persons a fee for reconveying the
<br />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
<br />permitted under Applicable l -tw.
<br />24. Substitute 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 tine county in which this Security Instrument 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 .'lliplicable Law.
<br />23. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's
<br />address which is tine 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 />—4 6Lt�:�. (Seal)
<br />Borrower Sandra M Gi., Nrych
<br />Borrower
<br />Boi: ewer
<br />Borrower
<br />(Seal)
<br />(Seal)
<br />(Seal)
<br />'.t:'tk..••,tii:.',. - „� ;;. ;i .- Fannie M; 61,'rcddie \1:�t 1:11i C)It \1 1'r� rltt:�ll. \ "t' Parui �t1w t /Ill ! /'u,�•r 7 c•/ 4!- '�,4'� �1
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