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200702415 by any govemmclltaJ or rcgulatory al1thori~y. Or any private party, that any removal Or other remediation of any Hazardous Subsl.1Ilce afti...'Cting the Property is necessary. Borrower shall promptly take all necessary remedial actions in accordance with Bnvironmeiual Law. Nothin~ herein shall create any obligation on Lender for an Environmental Cle.1Ilup. NON-UNIFORM COVENANTS. Sorrower and Lender further covenant and agree as follows: 22. Acceleration; Remedies. Lender shall give notice to norrower prior to acceleration following Borrower's breach of any covenant or agreem.ent in this SecLll"ity InRtrument (but not prior to acceleration under Section 18 unless Applicable Law provid~ otherwise). The notice shull speeify: (a) the default; (b) the action required to cure the default, (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default mU5t be cured; and (d) that failure to cure the default on or befQre the date specified in the notice ma)' result in acceleration of the sum.q secured by thir>> Security Instrmllcnt and sale of the Property. The notice shull furthe[" inform Borrower of the right to reinstate after acceleration and the right to bring a conrt action to assert the non-existence of a detault or any other deren~e of BOfrower to acceleration and sale. ,If the tlefal.llt is not cured on or before the llate specif'1ed in the notice, Lendc[" at it., Qption may require immediate payment in full ot all SlIms secured by this Security Instrument without further demand and may invol{e the power (If sale aod any other remedies permitted by Applic~ble Law. Lender shall be entitled to collect all cxpcnSe5 incurred in pur$ujl1K the remedies provided in this Section 22, including, but not limited to, reasonable attorneys' fees and costs of title evidence. It the power of sale is iQ~ol'ed, Trustee shall record a notice 01' default in each COUDty in which any part ()f the Property is located and shall mail copi~ of such notice in the manne[" presc:ribed by Applicable Law to Borrower amI. to the other )lersons prescribed by A.pplicable Law. After thc time required by A.pplicable Law. TrllStee shull give public notice of sale to the persons and in the maMer pr~c["ibed by Applicable Law. Trust~e, without clemalld 011 Borrower, shall sell the Property at public auction to the highest biddcr at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee detcnnines. Trustee may postpone sale of all or any parcel of" the ,Property by public announcement at the time and place ot any previously scheduled sale. Lender or its designee may purchase the Property at any salc. Upon receipt of payment of the price bid, T["ustcc shall deliver to the purch3$er Trustee's deed conveying the Property. 'the recitals in the Trustee'l5 deed .sball be prima facie evidence of" the trutb of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (n) to all costs and expen.<;es ot exercising the power of sale, and tbe liale, including the payment ot' the Trostee's fees actually inclIrred and reasonable attorneys' fees as permitted by A.pplicable Law; (b) to all slims secured 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 Ulis Security Iilsuument. Lender shall request Trustee to reconvey ~h(.! Property and shall surrender this Security Instrument and aU notes evidencing debt secUfed by this Security Instrument to Trustee. 'trustee shall reconvey the Proporty without warramy to the person or persons legally emitled to it. Such pcrllon or persons shall pay any recordatiOn costs. Lender may charge such person or persons a fee for reconveying the Property. but only if the fee is paid to a third party (suCh as the Trustee) fOl" services rendered and the chlU"ging of the fee is pennitted under Applicable Law. 24. Substitute Trustee. Lender. at its option. may from time to time remove Trustee and appoint a successor tlUstee to any Trustee appointed hereunder by an ll1Stnllnent n:coT(led in the county in which this Security Instrument is recorded. Without conveyance of the ProperlY, the Sllccessor tmstee shall succeed to al1 the title. power and duties conferred upon Trustee herein and by Applicable Law. 25. Request for Notices. BOlTower requc:;~s that topies of the notice of default and :;~le be sent to Borrower's address which is [he Property Address. _ .6(NEIIOOO51 (i) Inili~".tL-.C~tJ ~"IIO 130! 15 Form 3028 1/01