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200207076 Bon'organ shell promptly go Lcndcr written notice of (a) any investigation, claim, demand, lawsuit or other to by any poverrwenml or regulatory ' agency or private pan involving the Property and any hazardous Substance or Environmental Law of which Borrower has consul knowledge, (b) any Eirviromnenml Condition, including but not limned to, any spilling, leaking, disulmrge, release Or threat Of release Of any Hazardous Substance, and (c) any condition caused by the presence, use or release of a Horardous Substance which adversely affects the value of the Property. If Borrower teams, or is notified by any goverrumentel or regulatory authority, or any privare party, that ;m y remo her sal or et remzdia;ion of any IIaa'anlous Substance erecting the Property is necessary, Borrower shall promptly take all necessary remedial unions in accordance with Environmental Law. Nn III rig but IT 41AII anon any obligoion on Lander roc an Firs lmnn;cnlul(I"a a KUN- LNIFORM CO V ❑NAV 65. Bon'ower and header harbor covewnt and agree as follows'. 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach Of any revenant or agreement in this Stearns instrument (but not prior to acceleration under Section IN unless Applicable Law provides othersvisc). 'f he notice shall specify: (a) the default; @) the action required to cure the default; (c) a date, not less than 30 days from the dale the notice is given to Borrower, by which the default mast be cured; and (d) that Milner to cure the default on or before the dale specified in the notice may result in acceleration of the smnaswnred by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring n court action to ;resert the nonexistence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its Option may require ih rmedlate payment in full of all soma secured by this Security Instrument without further demand and may invoke the power of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect rill expenses incurred in pursuing tire remedies provided in this Section 22, including, but not limited w, reasonable innateness' fees and costs of title evidence. If the power Of sale is invoked, Trustee shall event(] a notice of default in each county in wbtch any part of the Property is located and shall mail copies of such notice in the manner prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time required by Applicable Lae', (rustic 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 it public auction to the highest bidder al the time and place and under the terms designated in the notice of sale in one or more parcels and in ;my order Trustee determines. Trustee may postpone sale Of all Or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender Or its designee may purclow lint Property at any sale. Upon receipt of payment of the price bid, 'trustee shall deliver to the purchaser 'trustee's deed conveying the Property. I lie recitals in the Trustee's deed .shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds Of (lie Sale in the following order: (a) to all costs and expenses of exercising tire power of sale, and the sale, including the payment of the Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Lew; (b) to all stains secured by this Security Instrument; and ph any excess to the person or persons legally entitled to it. 23. Reconveyance. Upon payment of all sums secured by this Security Instrument Lender shall requa9l 'fNSmu to Or n -ey the Property and shall s ender this Security hisbvmnrz and all notes enidneing debt secured by this Security Instrument to 1'mset.'trustee shall rcwnvey the Property without watrnny to lye person or person legally emitled m it Such prom urpononc shall pay any mcodmion costa. Lcndcr cony charge such person or persons a fee for recmrveying the Property, but only if the fee is paid to a third party (such as the Trustee) lot ImvIce, rendoFell and the charging of Mc fee is permitted under Applicable Law, 24. Substitute 'Trustee. Lcndcr, at its option, may from time to time remove Trustee and appoint a or trustee Ins any harrOt appointed hereunder by at instrument recorded in the county In which this YI1eeYSa n Security InpII Fro IIT Le ecorded. Without enm eyauce of the Pmpeny, the successor trustee shall succeed to all the title, power and dories conferred upon Iclster herein and by Applicable Iaw. 25. Request for Notices. Borrower requests had copies of the notice of default and Sale be sere to Bon'ower's address which is the property Address. tni;iab: 1 ' ��fV6) Nninr Ynyc I d nl IS POm; 30?B Ilpl