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200207233 <br />by any governmental or regulatory authority, or any private party, that any removal or other atntmalwn <br />of any Ilarardmi Newmann affecting the Pmperty is necessary. Borrower shall promptly take all necessary <br />remedial actions in accordance with Environmental Law. Nothing herein shall errata any obligation on <br />Lender for an Environmental Clemwp. <br />NON UNIFORM COVENANTS. But and Furrier further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breech of any covenant or agreement in this Scrutiny Instrument (but not prior to <br />acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) <br />the default; @) the action required hr cure the default; (c) a date, not less than 30 days from the cult <br />the notice is given to Borrower, by which the default most he cured; and (d) that failure to cure the <br />default on or before the date specified in the notice may result in acceleration of the sums secured by <br />this Seaurily Instrument and sale of the Property. The notice shall further inform Burrower or the <br />right to reinstate after acceleration and the right to bring a court action to assdl the nun - existence of <br />a default or any other defense of Borrower to acceleration and suit. If the default is not mired on or <br />before the date specified in the entice, Lender at its option may require immediate payment in full of <br />all sums secured by this Security Instrument without further demand and may minks the power of <br />sale and any other remedies permitted by Applicable law. Lender shall he entitled to coiled all <br />expenses incurred in pursuing the remedies provided in this Section 22, including, but not limited to, <br />reasonable attorneys' nable attoeys' fees and cost of title evidence. <br />a If the power of sale is invoked, Trustee shall record a notice of default in each county in which <br />our part of the Property is located and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Burrower and to the other persons president 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 Property at <br />public auction to the highest bidder at the time and place and under the tams designated in the <br />notice of sale in one or more parcels and in any order Trustee ddcrminme. Trustee may postpone sale <br />of all or any barrel of rise 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 sale. <br />Upon receipt of payment of the price bid, "France shall deliver to the purchaser'Irustais dcetl <br />conveying time Property. The recitals in the Truatee'c deal shall be prime facie evidence of the truth <br />of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) <br />in all crisis and expenses of exercising the power of sale, and the sale, including the payment or the <br />Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; dd to <br />all sums secured be this Security Instrument; and out any excess to the person or persons legally <br />entitled to it. <br />23. Reeonveyance. Upon payment of all sums secured by this Security Instrument. Lender shall <br />request Tustce to cannery the Polemic and .shall mumbler this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to 'trustee. Trustee shall re Ivey the Property <br />without warranty to the person or persons legally entitled to it Such person or persons shall pay any <br />recorda un costs. Lender may charge such person or persons a fee for recomeying the Property, but only <br />if the fee k paid to a third party (such as the Trustee) for services rendered and the chasing of the let is <br />pennihed 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 hrsmmrent is recorded. W Rhout conveyance of the Portray, fire successor trustee .shall succeed to <br />all the title, power and duties recovered upon Trustee herein and by Applicable Law. <br />25. Request for Natives. Borrower requests that copies of the notice of rLbailt and sale he sent to <br />Borrower's addles which Is me Property Address. <br />o <br />A� <br />40 EINEI roods nsaamu ne Form 3020 that as <br />L- 1 <br />