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2002135.15
<br />jurisdiction where the Property is tousled that relate to health, safety or environmental prolcclion; (c) "Environmental
<br />Cleanup" includes any response action, remedial action, or removal action, as defined in Environmental Law; and (d) an
<br />"Environmental Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental Clcanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances, or
<br />threaten to release env Hazardous Substances, on or in the Property. Borrower shall not do, nor allow anyone else to do,
<br />anything affecting rile Property (a) that is in violation of any Environmental Law, (b) which creates an Environmental
<br />Condition, of (c) which, due to the presence, use, or release of a Hazardous Substance, creates a condition that adversely
<br />affects the value of the Property. Tlic preceding two sentences shall not apply to the presence, use, or storage on the Property
<br />of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to
<br />nlaintenmuce of the Property (including, but not limited m, hazardous substances in consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any lovestigaliorr, claim, denarld, lawsuit or other action
<br />by any governmental or regulatory agency or private party involving doe Property and any Hazardous Substance or
<br />Envirotmrental Law of which Borrower has actual knowledge, (b) airy Envuronntental Condition, including but not limited to,
<br />any spilling, leaking, discharge, release or threat of release of any Haadrdous Substance, and (c) any condition caused by the
<br />presence, use or release of a Hazardous Substance which adversely affects the value of the Property. If Borrower learns, m is
<br />notified by any governmental or regulatory authority, or any private parry, that any removal or other remcdialion of any
<br />Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in
<br />accordance with Euviman emal Law. Nothing herein shall create any obligation on Leader form Environmental Cleanup
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<br />NON- UNIFOldlvl COVENANTS. Borrower and Lender further covenant and agree as follows'.
<br />22, Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under Section 18
<br />unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure
<br />the default; (c) a date, not less than 3111 days from the date the notice is given to Borrower, by which the default must
<br />Ire cured; and (d) that failure to cure the default on or before the date specified in the notice may result in acceleration
<br />of the sums secured by this Security Instrument and sale of the Property. The notice shall further haircut Borrower of
<br />the right to reinstate after acceleration and the right to bring a court action to assert the non - existence of a default or
<br />any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in
<br />The notice, Leader at its option may require immediate payment in full of all sums secured by this Security Instrument
<br />without further demand and may invoke the power of sale and any other remedies permitted by Applicable Law.
<br />Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this Section 22,
<br />including, but not limited to, reasonable attorneys' fees and costs of title evidence.
<br />H the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the
<br />Property is located and shall mad copies of such notice in the manner prescribed by Applicable Law to Borrower and
<br />to the other persons prescribed by Applicable Law. After the time required by Applicable Law, Trustee shall give
<br />public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, without demand on
<br />Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms
<br />designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone
<br />sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled
<br />sale. Lender or its designee may purchase the Property at any sale.
<br />Upon receipt of payment of the price hid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />Property. The recitals in the Trustee's decd shall be prima facie evidence of the truth of the statements made therein.
<br />Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of exercising the
<br />power of sale, and the sale, including the payment of the Trustee's fees actually incurred and reasonable attorneys'
<br />fees as permitted by Applicable Law; (b) to all sums secured by this Security Instrument; and (c) any excess to the
<br />person or persons legally entitled to it.
<br />23. Reconveyance. Upon payment of all sums seemed by this Security Instrument, Lender shall request Trustee to
<br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security
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