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200605786 by any governmental or regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substanee affecting the Property is necessary, Borrower shall promptly take all neeessary remedial actions in aecordance with Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. NON-UNlrC>RM COVENANTS. Borrower and Lender further covenant and agree as follows: 22. Accelenltion; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's hre:lch of any covenant or agreement in this Security Instrument (hut not prior to acceleration under Section 18 unless Applicahle Law provides otherwise). The notice shall specify: (a) the default; (h) the action required to cure the default; (c) a date, lIot less than 30 days from the date the notice is given to Borrower, hy which the default must he cured; and (d) that failure to cure the default on or hefore the date specified in the notice m:ly result in acceleration of the sums secured hy this Security Instrument and sale of the Property, The notice shall further inform Borrower of the right to reinstate afte'" acceleration lInd the dght to hring a court action to assert the non-existence of a default or any other defense of Borrowe,' to llcceleration llnd sale. If the default is not cured on or hefore the dnte specified in the notice, Lender at its option may require immediate payment in full of all sums secured hy this Security Instmment without further dem:md and may invol{e the power of sale and any other remedies permitted hy Applicahle Law. Lender shall he entitled to collect all expenses incurred in pursuing the remedies provided in this Section 22, including, hut not limited to, reasonahle attorneys' fees and costs of title evidence. If the power of sale is invol,ed, Trustee shall record II notice of default in each county in which any part of the Property is located and shall mail copies of such notice in the manner prescrihed hy Applicahle Law to Borrower and to the other persons prescrihed hy Applicllhle Law. After the time relluired hy Applicahle Law, Trustee shall give puhlic notice of sale to the persons and in the mlllllle'" prescrihed hy Applicahle Law. Trustee, without demllnd on Borrower, shall sell the P,"ope'"ty at puhlic auction to the highest hidder at the time llnd place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by puhlic annollncement at the time and place of any previously scheduled sale. Lender or its designee m:ly purchase the Property at any sale. lJl}()Jl ,"cccipt of payment of the price hid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall he prima facie cvidence of the truth of the shltements made the,"ein. Trustee sllllll apply the proceeds of the sale in the following order: (a) to all costs lmd expenses of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred and rellsonable attorneys' fees as Ilermitted by Applicahle Llnv; (h) to all sums secured hy this Security Instrument; and (c) any excess to the person or persons legally entitled to it. B. Reconveyance. Upon payment of all SUlTIS sccured by this Security InstrumenCLender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without \varranty to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. Lender may charge such person or persons a fee t'(Jr reeonveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is permitted under Applicable Law. 24. Suhstitute Trustee. Lender, at its option, may thml time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrufm:nt is reeorded. Without conveyance of the Property, t he successor trustee shall succeed to all the title, power and duties conferred upon Trustee hercin and by Applicable Law. 25. Request fOI" Notices. Borrower requests that copies of the notiee of default and sale he sent to Borrower's address which is the Property Address. P'lJe 13 of 1 5 ",,;.c% (5 06-041407 .-6(NE) (0407).01 (~) Fonn 3028 1/01