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200203507 by my governmental or regulatory authority, or any Private party, that any removal or other remediation of any Hazardous Substnow affecting the Property is necessary, Borrows shall promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 22. Acceleration; Remedies. Lander shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrument (bat not prior to acceleration, under Section 18 milm Applicable Law provides otherwise). The notice shall specify: (a) "the default; (b) the action required to tare the default; (c) a date, not less than 30 days from the date the notice is given to Borrowers, by which the default mast be cured; and (d) that failure to care the default on or before the date specified to the notice may result In acedwation of the sums secured by this Security Instrument and sak of tie Property. The notice shall further Inform Borrower of the right to reinstate after acceleration and the riot to bring a court action to assert the non - existence of a default or any other defense of Borrower to acedaYtion and sale. N the default is not cared on or before the date specified in the notice, Fender at its option may require immediate payment in full of all sums secured by this Security Instrument without farther demand and may involve the power of sale and any other remedies permitted by Applicable Law Lender shall be entitled to, collect all expenses incurred In pursuing the remedies provided in this Section 22, Including, but not limited to, reasonable attorneys' fees and costs of title evidence. N the power of sale Is Invoked, Trustee shall record a notice of default in each county In which any pint of the Property is located and shall mail copies of such notice In the manner prncdbed by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time required by Applicd>le Law, Trustee shall give public notice of sale to the persons and In the manner prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the term: designated In the notice of sale in one or more pwcds and in any order Trustee determines. Trustee may postpone sale of all or any pared of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of payment of the prix bid, Trustee shall deliver to the purchaser Trustees deed conveying the Property. The recitals In the Trustee's deed shall be prima fade evidence of the trnth of the statements made therein. Trustee shall -apply the proceeds of the sak In the following order: (a) to all costs and expenses of exwdsing the power of sale, and the sale, Including the payment of the Trustee's fen actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to It. 23. Reconveyance. Upon payment of all sums secured by this Security Instruct, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it Such person or persons shall pay any recordation costs. Lender may charge such person or persons a fee for reconveying the Property, but oxdy if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is permitted under Applicable Law. 24. Substitute Trustee. Leader, at its option, may from time to tine remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law. 25. Request for Notice. Borrower requests that copies of the notice of default and sale be seat to Borrower' s address which is the Property Address. ftO(NE) (0005) "a► Pape 13 of 15 Initids: 6 0 01- 15229109 ferns 3020 1101