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200214302
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances, or
<br />threaten to release any Hazardous Substances, on or in the Property . Borrower shall not do, nor allow anyone else to do,
<br />anything affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an Environmental
<br />Condition, or (c) which, due to the presence, use, or release of a I Ineardo lS Substance, create, a condition that adversely
<br />affects the value of the Property. The preceding two sentences shall not apply to the presence, use, orsnrrage in the Property
<br />of small quantities of Hozol'dous Substances Ihnt are gene," Ily recognized to he appropriate to normal ,cadential uses and to
<br />maintenance of the Property (including. but not limited to, hazardous substances in Consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other action
<br />by any governmental or rcgulnally agency a private pally involving the Property and any Hazardous Substance or
<br />Environmental Law cfwhich Bon'ower has actual Bno +ledge, (b) any Environmental Condition, including but not limited to,
<br />any spilling, leakin . discharge, release of threat ofi clease ofany Hazardous Substance, and (c) any condition caused by the
<br />presence, use a release ofa Hazardous Substance which adversely of fects the value ofthe Property- It Borrower teams, or is
<br />notified by any governmental of regulatory authority, or any private party, that any removal or other remediation of any
<br />Hazardous Substance affecting the P1'opa y is necessay, Borrower Shall promptly rake all necessary remedial actions in
<br />accordancewith Environmental Law. Nothinrhereinshallcre areaoyobligutionon Lenderforan Environmental Cleanup.
<br />NON - UNIFORM COVENANTS. Borrover and Lcndei further covenant and area as follows:
<br />22. Acceleration; Remedies. Lender shall give notice to Burrower prior to acceleration following
<br />Borrower's breach of any 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 default; (b) the action
<br />required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which
<br />the default must be cured; and (d) that failure to Lin c the default on or before the date 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 bring a court action to assert the
<br />non - existence ofa default or any other defense of Borrower to acceleration and sale. If the default is not cured on or
<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 without further demand anal 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 61, reasonable attorneys' fees and costs of title
<br />evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of default 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 />and to the other persons prescribed by Applicable Law. After the time required by Applicable Law, Trustee shall
<br />give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, without demand
<br />on Borrower, shall sell the Properly 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 parcel of the Property by public a nnonticement at the time and place of any previously
<br />scheduled sale. Lender or its designee niay purchase the Property at any sale.
<br />Upon receipt of payment of line price bill,'1'rustce shall deliver to the purchaser Trustees 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 f allowing order: (a) to all costs and expenses ofexemising
<br />the power of sale, and the sale, including the payment 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. Reconveyance. Upon payment of a] l sums secant al by this Security Instrument, Tender shall i a uest Trustee to
<br />iwconvey the Properly and Shall satre Lie i this Se vrhy Ins l reel ne at a id all notes evidencing debt secured by this se na,Lv
<br />Instrument to Trustee. Trustee shall ieconvey the Property without warranty to the person or persons legally entitled to it.
<br />Such person or persons shall pay any mcordation costs- Lender may charge such person or persons a tee for revolves ing the
<br />Property but only if the fee is paid to it third putty (such is the Trustee) for services rendered and the charging of the fee is
<br />permitted under Applicable Law.
<br />24. Substitute Trustee. Lender, at iG option, may Goo lime to time remove Trustee and appoint it wcoessor
<br />trustee to any Trustee appointed haven alder by an instrument recorded in the county in which this Security Instrument is
<br />recorded. Without conveyance o the Property, the successor cas(cc shall SCCCed toalI the title, powerand duties Conferred
<br />upon Trustee herein and by Applicable Law.
<br />25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's
<br />address which is the Property Address.
<br />BY SIGNING BELOW, Borrower accepts and agrees ut the terms and gown at s contained in this Security
<br />Instrument and in any Rider executed by Borrower and recorded with it.
<br />Witnesses:
<br />)M-ez-17z> (seal)
<br />Borrower Chris L. McKeon
<br />Boa rnru
<br />Borrower
<br />(Seal)
<br />(Seat)
<br />(Seat)
<br />NEB" SKA & isleFamily-- FaiiiiieMaclfl'eddle Mac UNIFORM INSTRUMENT Favn3038 1 /01 (P,X, ],,t8Pa,,,1
<br />9956_(V(1/1)2) 1631753
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