200800270 - Laserfiche WebLink

Browse

200800270 by any govenunentl'I or regulatory al1thority, 0;1;" my private party. that my removal or other remediation of any Hazanlous SUb5tmce affecting the Propeny is necessary, Borrower shall promptly take all necessary reroedial actions in accordance with Environmental Law_Nothing herein shall create any obligation on Lender for an :e:J;1,vironmental Cleau.up- NON-UNIFORM COVENANTS. Borrower and Lender funher covenant and agree as follow$: 22. Acceleration; Rmnedies. Lender shall give nolite to BOlTower prioX' to acceleration followj:gg Borrower's breacb of any covenant or agreement in this Security Instrnment (but not prior to acceleration under Section 18 unless Applicable Law pro~des otherwise). The notice shall spedfy; (a) the default; (b) the action required to ctn'e the default; (c) a dJte, not less than 30 days from the date the Douce is given to :BorrQwert by which the defawt must be cured; and (d) that failure-to cw-e the default on or before the date specjfied in the notice may result in acceleration of the $Urns secured by this Sec;",rlty lnstrument and sale of tbl\! :froperty. The notice shall further inform Bdr:rowtr of the right to reinstate after acceleration and the right to bring a court actioo to assert the non-enstm:ll::e ot a default or any other defense of Borrower to acceleration and sale. If the default is not cured OD or before the date specified in the noticet Lender at its option may require immediate payment in full of all sums sec:ured by tb.is Security Instrument witho\lt further demand and may in~oke the power of sale and any other remedies permitted by Applicable Law, Lender shall be entitled to COn~ all expenses incurred in plli'SUing the remedies provided in. this Section 22, including, but Dot limited to, reasonable attorneyst fees and costs 01 title mdente. If the power of we is invoked, Trustee shaD record a notice of default in each county An wm~ any part of the Property is locatm and shall mail copies of such notite in tb,1\! manner prescribed by Applicable Law to :8o:frower and to the other per5Q~$ prescribed by Applicable Law. After the time required by Applicable Lawt Trustee shall give public notice of sale to the per5O.rJS ~d in the mBDner preseribed by Applicable Law. Trustee, without demand on Bon-ower, shall sell the Property at pnblit: anmOD to the highest biddet at the time and plate and 1XDder tbe terms! designated in th~ notice of sale in one or more ~K"C;el$ aJld in any order Trustee detem;W;te$. Trustee may postpone sale of aU or any parcel 01 the Property by public announcement at the time and plaCE: of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of payme.v.t of the priee bid, Trustee shall ddiver to the purchaser' Trustee's deed con-..eYing the Property. The recitals in tbe 'l'x'ustee's deed shall he prima f.aeje evidence of the truth of the statements made therein. Trustee shall apply the prOt:eeds of the sale in the follOwing order: (a) to all costs and c:xpen5eS of exercising the power of sale, and tbE! sale, including the .:lJllYIDent of the 'tnJstws fees actually incurred :and ~$Onable attorneys' rea as perro.ltted by Applicahle Lawj (b) to all 5tltQ$ secured by this Se<:urity Instrument; and (t) any excess to the pmo~ or persons legally entitl~tl to It. 23. Reconveyant:e. Upon payment of all sums secured by this Security Instrument, Le:nder shall request Trustee to recon....ey the Property and shall surrencler tb.i$ Security Instrument and. .all notes evi~ciu,g d.eb[ secured by this Security lnSu:wneD[ to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it. Such person or persons shall pay any recoxdlnion costs. Lender may charge such person or persons a fee for reconveying the Propeny, but only if the fee is paid to a t,hitd pllrty (such as the Trustee) for $tJ;'\Iices rendered and the char,ging of ~ fee is permined under Applicable La.w_ 24. Substitute Trmtee. Lender, at. its OptiOl1, may from time to time reIDOVe Trnstee and appoint a successor ~e [0 any Tmstee appointed heret.I~(teJ by &1 ~uument recorded in the CO\lIuy in which this Security Instrument is recorded. Without conveyance of the PX"openy, the successor W6tee shall succeed. m all the title, power and duties co11ferred upon Trustee herein and by Applicable Law. 25. Request for Notices. Borrower requests that copies of the notice of d.efaulr md sale be sent to Borrower's address which is the Property Address. .. -6INE) (0005) * 1"'-C;~la~ page,30/ '5 Form 3028 1/01