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200207719
<br />Burrower shall not cause or permit the presence- use, disposal, storage, or release of any Basal dous Substances, or
<br />threaten to release any Hazardous Substances, on or in the Property. Burrower shall not do, nor allow anyone else to do,
<br />anything affecting the Property (a) that is in violation of any Envirmmcnlal Law, (b) which creates an Environmental
<br />Condition, or (c) which, due to the presence, use, or release of Hazardous Substance, creates a audition dial adversely
<br />affects the value of the Property. The preceding two scnlences shall not apply to the presence, use, or stomgcon the Properly
<br />of small quantities of Hazardous Substances that are generally recognize he appropriate ne normal residential uses and to
<br />anaintenanr; of the Pfo arty (including but not limited tot hazardous substances in consumer products).
<br />Bertowerida�iprom tly give lender written notice offs) any investigation, claim, demand, lawsuit motheraction
<br />by any governmental or regulatory agency or Uvate party involving the Property and any Hazardous Substance or
<br />Environmental I aw ofwhich Borrower has aclua knowledge, (b) any Environmental Condition, indudin but nos limited m,
<br />any spilling, leaking discharge, release or threat of release of any Hazardous Substance, and (c) any condition caused by the
<br />presence, use or release ofa Hazardous Substance which adversely affects the value of the Property. if Bomtwerlcrms, M is
<br />notified by any governmental or regulatory authority, or any private parry, teal any removal of other remediation of any
<br />Hazardous Suhstam e affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in
<br />accordance with Environmental law. Notion herein shall crease anyabligalion on Lander for an Envuonniental Cleanup.
<br />NON - UNIFORM COVENANTS. Borrower and fender further covenant and agree as follows:
<br />22. Acceleration; Remedies. Lender shall give notice to narrower prior to acceleration following
<br />Borrower's breach orally covenant or agreement in this Security Instrument (but not prior to acceleration under
<br />Section IS unless Applicable Law provides otherwise). The notice shall specify: (a) the derauly (b) the action
<br />required to care the default; (c) a dale, not less than 30 days from the date the notice is given to Borrower, by which
<br />the default most be cured; and (d) that failure to cure the default on or before the dale specified in the notice may
<br />result in acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shall
<br />Further inform Borrower of the right to reinstate after acceleration and the right to brio((,, a road action to assert the
<br />non - existence of a default or any other defense of Borrower to acceleration and sale Ifthedefaultisnotcuredonor
<br />before the date specified in the notice, Lender at its option may require immediate payment in full of all .sums
<br />secured by this Security Instrument nithoul further demand and may invoke the power of sale and any other
<br />remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing the
<br />remedies provided in this Section 22, including, but not limited lo, reasonable atourneys' fees and costs of title
<br />evidence.
<br />If the power of sale is invoked, Trustee shall record a notice ofdef ciIt in each county in which any part of
<br />the Property is located and shall mail copies of such notice in the manner prescribed by Applicable Law to Borrower
<br />sad to lire other persons prescribed by Applicable Law. After the time required by Applicable taw, Trustee shall
<br />give public notice of sale to the persons and in the manner preset ibed by Applicable Law. Trustee, without demand
<br />on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the
<br />terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may
<br />postpone sale of all or any par yet 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 sole.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying
<br />the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made
<br />therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses ofexercising
<br />the power of sale, and the sale, including the pa ment of the Trustee's fees actually incurred and reasonable
<br />attorneys' fees as permitted by Applicable law; (b) to all sums secured by this Security Instrument; and (c) any
<br />excess to the person or persons legally entitled to it.
<br />23. Reconveyanee. Upon payment of all sums secured by this Security bearument, Lender Shall request Trustee to
<br />re -convey the Properly and shall surrender this Security Instrument and all notes evidencing debt secured by this Security
<br />Instrument to Trustee. Trustee shall reconvey the Propertywohout warranty In the pers'un or persons legally entitled to it.
<br />Such person or persons shall pay any recordation costs. Lender may charge such person or persons a fee for reconveying the
<br />Property, but only if Illc fee is paid to a fluid party (such as the '1'rtlstee) for services rendered and the charging ol'Ihe Ice is
<br />permitted under Applicable law.
<br />24. Substitute Trustee. Lender, it its option, may from time to time remove Prustee and appuml a successor
<br />if uslee to any Trustee appointed hereunder by an instrument recorded in the comely in which this Security Instrument is
<br />recorded. Will .eoutconvcyanrroflhc Properly, the successor trustee shall succeed real] the title, Fewer and duties conferred
<br />upon Trustee herein and by Applicable law.
<br />25. Re nest for Notices. BOrower requests Iha1 espies of the notice of default and sale he sent to Borrower's
<br />address which is the Properly Address.
<br />13Y SIGNING BELOW, 13orrover accepts and agrees to the terms and covenants contained in this Sccurily
<br />lnslmment and in any Rider executed by Borrower and recorded wish it.
<br />Witnesses:
<br />(Seal)
<br />/Borrower Matthew Braun
<br />(Seal)
<br />B,,uuwcr
<br />(Seal)
<br />Burrower
<br />Borrowv
<br />(Seas)
<br />NEBf3AS" Sing [,Pm...1- Faa.oeNI.Freddie Mac UNIFOMlINSlRtIhIFNI furm30281101(,,,7,,f8,,,,)
<br />,fcv11"11 (11161N
<br />amo(ousztt)
<br />
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