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<br />200600441
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<br />DOC ID #: 00012396471312005
<br />llolTO\'Ier shaH promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or
<br />other action by any governmental ()[ regulatOlY agency or private party involving the Property and any
<br />Hazardous Substan(;e or Environmental Law of which Borrower has actual knowledge, (b) any Environmental
<br />Condition, including but not limited to, any spilling, I,eaking, discharge, release or threat of release of any
<br />Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substauce
<br />which ll.dversely alrect:,; the valuc of the Prope11y, If Borrower learns, or is notified by any governmental or
<br />regulatory authority. or any private party, that any removal or other remediation of any Hazardous Substance
<br />affecting the Property is nec,~~sary, Borrower shall promptly take all necessary remedial actions in accordance
<br />with Environmlmtal Law, Nothing lH:rein shall create any obligation on Lender for an Environmental Cleanup,
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<br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />22. AcceleratioUl; Remedies, Lender shall giye notice to Borrower prior to acceleration following
<br />Borrovv,er's hrelkch of lI.llliy covcrwnt or :ilgl"~'ement in thits Security Instrument (but not prior to
<br />aceelenltloll unde:r Section 18 unDess AIPplicabie Law provides otherwitse). Tbe notice shall specify: (a)
<br />the defal.'lIt; (I>) the action l"equired to (~lnrl~ ttw default; (c) a d~lhl, not less than 30 days fll"olll the date the
<br />notice is giH~n 1tO lBorrowct, toy wbich tDlq,; dd~11UI1t must be cUlI"l;"d; and (d) that failure to cure the default
<br />OIR or hefore the IHate !lpeciHed jYI tUlle notice mn~' result illl acceler'ation of the sums secured by this
<br />Se:cIII'Hy Instruml~O{lt ;,md s:,~lc o1f the Property, The notice sl1all further inform Borrower olr the rigbt to
<br />reim;tatt' UniT at'~e1C1"ation ami Hli,~ rIght to bring; a court action to assert the iUm-existencc of a default
<br />Oil' alny other deii!IIlSC of k1.mT01i'/I~r to acceleJl'~ltiou and sal€~, If the default Is not cured on or
<br />before tlhe dlllte sI'cdfied hi tDw notice, LendeD" at its option may require immediate payment in full of all
<br />sums secured by ilhis Security Instrument without fUI'tl1ter demand and may invoke the power of sale
<br />and an:y other' remedies permitted by Appl!icall>lc La'I"'. Lender shall be entitled to collect all expenses
<br />incurred in pursuin,: the l'emfdiil~S proddedl in this Sedioll 22. includin.g, but not limited to, reasonable
<br />attol"n(;~";' fees and costs 01!' titltlJvidencc,
<br />If titw pC'l'Vel' {If sale llll h'IVo>k\~d. Tmlltl';!8 shall ll"~'cord n notice of ddaadt in each county in which any
<br />PUltt (If t!H~ lPn't1udy iel Illcatcd amI ~bliD~ Ill.If! '"OVies of Budl notice ill the mannclI" prcllcribed by
<br />Appli;:;,llble' Law tJ BontlJwet lIIml to tho IlUu,tr !;)crson:> ,prescribedl by Applicable Law. After the time
<br />reqUIred by Applicll.lJieLllVY, 'fnlJ;tel~ sltalt gJw vubnic notice of li-ltle to the penons and in the manner
<br />presl\:rlbed hy Appllic~lbll~ Law. Trustee, WitllOUlt dermmd Oil Borrower, shall sell the Property at public
<br />3!.1I,cti,mlto tIle higlllc:il: Ihiddle.' ~1I': the time E:1I1id' ~\!ace and under the terms designated in the notice of sale
<br />in 011;(: or mOl"eplll'c:ds amI iIl ;~mJ' Ordlll" Trwitl:e determines, TrustN~ may postpone sale of all or any
<br />parcel of the Property by ;~l1blk :I\IIWlm<C(im~mt at: the time and pHace of any previously schedukd sale,
<br />LelUh~J( I{)f its del~igKl.:~e moty plfrdll\~e the Pr'DpCJ"ty at lmy salE"
<br />Upon l'~~celpt of pkl~'l"IHllt nf UJC p;rilcc lI>id, 'TlillHsl:ee shill! deliver to tbe purchaser Trustee's deed
<br />conveynng tl1~ ?Jrnp\~rty, T110 flN~it:il!5 fu thi' Tnn;(:<ec's deed shall b\~ prLum fade evidcnce of the truth of
<br />tbe starenunt:B mR::Ie tlwrcln" Trl~stfe llhaU apply the procced:!l ofthe sale in the following order: (a) to all
<br />costs f11l!J e'lpcnse:s of exerdsili~ tbe powc'r of!iale, and the sllle, includillg the payment of the Trustee's
<br />tiees ~mtlll'llly ir1r'!rI::(~l!l1RlIl(ll"'~:lS(mahle' r:ttornf;'Ys' f\~es as tpll~rmitted by Applicnble Lltw; (b) to all sums
<br />s!;',nne<tl l)y this Sl~:'urii:y hl',~nmWI'let; :IU,' ,:1 <,C) I J1\Y exceffS to the p?~'snl]1 01" perSl)IlS Regally entitled to it.
<br />;";1:, HCl.'mll'Yl~Y~llll""}, UPCl\ p,ylHent cf ,ill 'lum:, ~;ecurej by this Security Instrument, Lender shall request
<br />Trustee '.0 recOLvf;'Y the ['[(Irer!:y illd;;htll wrrender this Seeuriij Instrument and all notes evidencing deht
<br />secup"d hy this Sf";I,li"'ity Im:trurnC"ll to Truske, Trustee shall reconvey the Property without warranty to the
<br />person 01" p~rson:l \:gally entitled (')it Such person or persons shall pay any recordation costs Lender may
<br />charge such person or perscll:; a fee fill reecllveying the Property, but only if the fee is paid to a third pal1y
<br />(such as the Tru.;;tce) "lor ,,,,rlfiees l'I::lld~rtd and the charging of the fue is permitted under Applicable Law,
<br />24\. SuhsWlll.e Tl'UjtcC" L1endu, at its oiltion, may from time to time remove Trustee' and appoint a
<br />successo;" trustee tu any Truillee, c,pp"inted her,.~Unc.kr by an instrument recorded in the county in which this
<br />Secul'itf lnstrulll;:r;l is rCGOL:!cd. Vlith;)u, ('ol1\'eyanc.,e oftht: Propel1y, the SUCc(~ssor trustee shall succeed to all
<br />th,,: title, .:;(,\,'el' di::d duties confl:rrxlupon Trll:;tue hc:rein and by Applieab!e Law,
<br />2~;. R(XII.H-'fil" filII" l\['lltkt'!:.. Ei('c,'ow,er reql..lcsts that copie:i c~' the nutice of default and sale be sent to
<br />BOlTe weT'S :::ddrcs:;. w'li;b is ::J.k. PrL\p\~,.ty l\ddrc, :l.
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<br />~ .SJl(NE) (0407)
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<br />CI'IL (08/05)
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<br />I'a9<l10 of 11
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<br />Form 3028 1/01
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