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200204541 <br />governmental or regulatory authority, or any private party, that any removal or other remediation <br />by any g is necessary, Borrower shall promptly take all necessary <br />of any Hazardous Substance affecting the Property herein shall create any obligation on <br />remedial actions in accordance with Environmental Law. Nothing <br />Lender for an Environmental Cleanup. <br />NON - UNIFORM COVENANTS. Borrower and Lender covenant <br />prior agree as to following <br />22. Acceleration, Remedies. Lender shall give <br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to <br />acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) <br />e date <br />the default; (b) the action required to cure the default; (c) a date, not less than 3 failure from to cure the <br />the notice is given to Borrower, by which the default must be cured; and (d) <br />default on or before the date specified 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 erghet lbra on a court and sale. If the defaulthis not cured on or <br />a default or any other defense of Born require immediate payment in full of <br />before the date specified in the notice, Lender at its option may eq invoke the power of <br />all sums secured by this Security Instrument without further demand and may ` <br />sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all <br />expenses incurred in pursuing the remedies provided in this Section 22, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />d, Trustee shall record a notice of default in each county in which <br />If the power of sale is invoke <br />any part of the Property is located and shall in 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 />required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the R'ed in the <br />public auction to the highest bidder at the time and place and under the terms design postpone sale <br />notice of sale in one or more pare and in any anorder <br />nouncementt at the time and place of any peviously <br />of all or any parcel of the Property by p at an sale. <br />scheduled sale. Lender or its designee may purchase the Property Y <br />Upon receipt of payment of the price bid, Trustee shall deliver aria facie ev dence of the truth <br />conveying the Property. The recitals in the Trustee's deed shall be p <br />of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) <br />of exercising the power of sale, and the sale, including the payment of the <br />to all costs and expenses permitted by Applicable Law; (b) to <br />Trustee's fees actually incurred and reasonable attorneys' y excess to the person persons legally <br />all sums secured by this Security Instrument; and (c) any <br />rson or pe g Y <br />entitled to it. Security Instrument, Lender shall <br />23. Reconveyance. Upon payment of all sums secured by this y instru en and all notes <br />request Trustee to reconvey the Property I �e t to Trustee. <br />Trus��s�l reconvey the Property <br />evidencing debt secured by this Security <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 of thetfeeis <br />if the fee is paid to a third party (such as the Trustee) for services rendered and the charging <br />permitted under Applicable Law. from time to time remove Trustee and appoint a <br />24. Substitute Trustee. Lender, at its option, may which this <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in <br />Security Instrument is recorded. Without conveyance of the Property,, the cable Law trustee shall succeed to <br />all the title, power and duties conferred upon Trustee herein and by Applicable <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 />0110176748 <br />Initials: <br />Form 3028 1/01 <br />Pape 13 of 16 <br />dn -6(NE) l0006i.01 <br />