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20070231~ by any governmental or regulatory authority, or any private': pany, that any removal or other remediation of any HazardoUfi Substance': affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 22. Acceleration; Remedies. Lender sball give notice to Borrower prior to acceleration (ollowing Borrower's breach of any covenant or agreement in this Security Instrument (but nl)t prior to acceleration under Section 18 unless Appllcable Law provides otherwige). The notice shall specil'y: (a) the default; (b) the action required to cure the 4erault; (c) a date, not less than 30 daYIi I'rom the date the notice is given to Borrower, by whith the default must be cured; and (d) that failure to ture the default on or before tbe date spedfted in tbe notice may result in acceleration of the sumS secured by this Security InstnImeut and sale of the Property. The notice shall flU'ther inform Borrower of the right to reinstate aftet' aeceleration and the right to bring 0 coW't action to assert the non-existence of a default or any other del'ensc of BorrOwer to acceleration and sale. If the default is Dot cured on or before the date specified in the notice, Lender at its option may require ~ediate payment in full of all sumS Ilecured by this Security In~nunent without further demand and may invoke the power of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all expenSelli incurred in pursuing the remedies provided in this ~tion 22, including, but not limited to, reasonable attorneys' fees and costs of title evidence. U the power of sale is invol(ed, Trunce shall record a notice of default in each county kn which any part of the Property is lotated. and shall mail copie5 of such notice in the manner prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time required by ApplicaJJlc Law, Trustee shall give public noti~ ot sale to the persons and in the manner prescrihed by Applicable Law. Trustee, without demand on lIo....ower, shall :sell the Property at public auction to the highest bidder at the tim.e and place and under the terms dtlUgnatcd in the notice of sale in ODe or more parcels and ip any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of ~I)Y previously scheduled sale. Lender or its designee may plll"chase the Property at any sale. Upon receipt of payment of the price bid, Trustee shan deliver to the purchaser Trustee's deed (:o~veying the Property. The recitals in the Trustee's deed shall be prima focie cw.idence of the truth of the statements made therein. Truiitee shall apply the proceeds ot the sale in the following order: (a) to all costs and expenses of exercising the: power of sale, and tbe sale, including the payment of the Trustee'll fees actually incurred and reasonable attorneys' fees as permitted by Applh:able Law; (b) tt) all ~ 8eCLU'ed by this Security Instrument; and (e) any excess to the person or persons legally entitled to it. 23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the f'roperty and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to TIU5tee. Trustee shall reconvey !he I'roperty without warranty to the person or persons legally entitled (0 it. Such persoll or persons shall pay any recordation costs. Lender may charge sucb person or persons a fee for reconveying the Property, but only if the fee is paid to a third party (surl} 8S the Trustee) for setvices rendered and the charging of the fee is permitted under Applicable La.w. 2.4. Substitute 'l'ru~tec. Lender. at its option, may from time to time remove Trustee and appoint a successor tlUst~e to any Trustee appointed hereunder by an instrument recorded in the county in which tillS Security In~trument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties c01'l.ferred UpOl1 Trustee herein and by Applicable Law" 25. Request fo); Notices. Borrower requests that copiC$ of the notice of default and sale be sent to :Borrower'S address which is the Property Address. r't Inlllalti,l1 ~ Form 3026 1/01 ~.6INE) 100061 PIlQIl 13 011 B