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2002034'79 <br />by my governmental or regulatory authority, or any private party, that any removal or other remediation <br />of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary <br />remedial actions in socxtirdance with Environmental Law. Nothing herein shall create any obligation on <br />Lender for an Environmental Cleanup. <br />NON UNIFORM COVENANTS. Borrower and Lender farther covenant and agree as follows: <br />22. Acceleration; Rte. Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in the Security Instrument (but not prior to <br />acceleration under Section 18 Unless Applicable Law provides otherwise). The notice shall specify: (a) <br />the default; (b) the action required to ewe the default; (c) a date, not less than 30 days from the date <br />thus notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the <br />default on or before the date speeded in the notice may result in acceleration of the an= secured by <br />this Security btrument and sale of the Property. The Mice 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 any other defense of Borrower to acceleration and sale. If the default is not cured on or <br />before the trite specified In the notice, Lauder at its option may require immediate payment in full of <br />all sum ss secured by this Security iusbuument without further demand and may invoke the power of <br />sale and any other remedies permitted by Applicable Law. Lendr shall be entitled to collect all <br />expenses incurred In pumsu ft the remedin provided in this Section 22, including, but not limited to, <br />rrea ioomble attorneys' fees and costs of tide evidence. <br />U the power of We is invoked, Trustee shall record a notice of default in each coudy in which <br />any part of the Property is located and shall mail copies of such notice in the meaner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall give public notice of sae to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at <br />public auction to the highest bidder at the time and place and under the terms designated in the <br />notice of sae in one or more parcels and in any order Trustee determines. Trustee may postpone sae <br />of all or any 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 sae. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals in the Trustee's deed shall be prima fade evidence of the truth <br />of the statements made therein. Trustee shall apply the proceeds of the sale in the following order. (a) <br />to all costs and expenses of exercising the power of sae, and the sae, including the payment of the <br />Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property <br />without warranty 'to the person or persons legally entitled to it. Such person or persons shall pay any <br />recordation costs. Lender may charge such person or persons a fee for reconveying 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 its <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 an instrument recorded in the county in which this <br />Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to <br />all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br />OVNNE1 mom Papa 13 of 15 Form 3028 1/01 <br />