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200203454
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200203454
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Last modified
10/14/2011 7:33:52 PM
Creation date
10/22/2005 5:41:15 PM
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DEEDS
Inst Number
200203454
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20803454 <br />pr' me party, the my removal or a <br />7 " w#dq" <br />0 &zu= =r=s necessary, Dorf owa shall promptly take at nexssary <br />remedial actions in accords= with Environmental Law. Nothmg hmm shall creme any obligation on <br />Under for an Environmental Clesatip. <br />NON UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender doff give notice to Borrower prior to acceleration following <br />Borrower's breach of any covement or agreement In this Sacwky Instrument (but not prior to <br />acceleration under Section 18 usless Applicable Low provides otherwise). The notice shall specify: (a) <br />,_,ow,default; (b) the action required t6 care the default; (c) a date, not less than 30 days from the date <br />the notice Is given to Borrower, by which the defmdt must be cured; and (d) that failure to cure the <br />default on or before the date specitleil in the notice may result In acceleration of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall further Inform Borrower of the <br />right to reinstate after acceleration and the right to bring a court action to assert the non-existence of <br />a default or my other defense of Borrower to acceleration and ad& It the default is not cured on or <br />before the date specified In the molite, Lender at its option may require Immediate payment in fall of <br />an sums seemed by this Security hadnemeat without folberr demand and may Invoke the power of <br />sole and any other remedles'perieel Applicable Law. Leader dall be'eirdtled to coil io`all <br />expenses iwwTed In pursuing the remedies provided In this Section 22, Including, but not limited to, <br />reasonable attorneys' few and costs of title evidence. <br />N the power of ask Is Invoked, Trustee shall record a notice of deffiank In each county In which <br />any part of the Property Is located and shall mail copies of such notice In the manner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time <br />r+egmired by Applicable Law, Trustee dwil give public notice of ask to the persons and In theme <br />preimribed by Applicable Law. Trustee,,Lwftbovt demand oki Borrower, - siboll sell the Pivoeft at <br />public auction to the highest bidder at the time and place and mider the terms &Wpoted In the <br />notice of sole In one or more parcels and In any order Tnistee determines. Trustee may postpone sale <br />of all or any parcel of the Property by public announcement at the time and place of any prvvionsly <br />scheduled sale. Lender or Its designee may purchase the Property at a" sale. <br />Upon recolpt of payment of the prim bid, Trustee shall deliver to the porclaser Trustee's deed <br />conveying the Property. The recitals In the Trustee's deed shall be prim facie evidence of Ak4trulh <br />of the statements made therein. Trustee AW apply the proteeds of tbe'sde In dit IldlowimfordWlih) <br />to all comb and espouses of emwdsing the power of sale, and the sole, Including the payment of the <br />Trustee's fees actually incurred and reasonable attorneys' few as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instrument; and (c) any ewess to the person or persons legally <br />entitled to ft. <br />23. Racmveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee. to reconvey the Property and shalt. surrender thiv3saft4qatrument and ,,all notes <br />evidencing debt secured by this Security Instrument 1p Thave. Trus" shall ��crey die Rnporly <br />without warranty to the person or persons legally edtiiilei to it. Such 11�� in lw,�Volloms ", pay any <br />recordation costs. Lender may charge such person or persons a fee for ieteying the Property, but only <br />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 Law. <br />24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by as inittumW tworded in the county in which this <br />Security Instrument is recorded. Without conveyance of,* proprty, dw successor trustee shall succodio <br />all the title, power and duties conferred upon Trustee hero lft' amod W$Af9libable Law. <br />25. Request for Notices. Borrower requests that copies "of Abmi �notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br />ME) mooswi Form 3Q213 11,01 <br />.3 0 0 ti <br />
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