200806925 - Laserfiche WebLink

Browse

200806925 by any goverrimental or i:~gulatory authority, or any private party, that any removal or other remediation of any Hazardpus 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 Bnvironmei1tal pean\lp. . : NON-UNIFORM COVENANTS.. Bon:ower and Lender further covenant and agree as follows: 22. Acceleration; Remedies. Lender shan give notice to Borrower prior to acceleration following Borrower's breach of allY: cQvenl\lit or agreement in this Security Instrument (but not prior to acceleration under Section 18 Uld~s Applicable Law provides otherwise).Theuotice shall specify: (a) .. the default; (b) the action r~uired to cl.rethe defal.dt;(c) a date,not less than 30 days from the date the notice is given to Boi-rower, by which the defaitlt must be cured; and (d) that failure to cure the def!lult e)l1 Or . before the d.ate specified in the notice may result in acceleration of the sums secured by this Security Instrumemt: IU,d sale of.tbeProperty; 'Qte notlceshalHurther infonu.Jlorrowerof the rightto.relmda.tellfteracceletathm and the right tc>bthig.a COllI1 actIon to. asSert tbenon~exis.tCnce of adefa~ltorany.. otherdefen~e. of Borrower to.~t~er!ltiollandsale~lf tbedef~ndt,isnotcuredQn()r befQl'cthedate. specified :inthen()tice,Lender. at its. opti~il.may tequire immediate .PBymerit in . rull of . uU. sums secur-eO. bythisSecutitylnstrumerit without further de,uund allc:lllluyluvokethe.powcr. of sale and any other renwdies perrhittel:lby AppliCl,ihle .Law. Le.. nder .sballbe entitled to . collect all . . . '", , .... expensesinclirredinpul'Sidngth.eremediespr6vldedbi tbis Section 22, including; hut not limited to, .reasonableattorneys' feeS and co~ts of title evidence. . . . . Uthe power of sale. isinvQli:ec:., Trustee sbllhl'ecord a notice of default in. each COlinty In wilich any part of the Property is locatecI and shall mail Copies of such l10ticdnthe nianncrprescribed by Applicable Law to :norrower and tQtheotherpersons presqibell by Applicable Lirw. After thetlil1e reqlJircd by Applicable I~a~, Trusteesballglve public notice otsale to tlle persons und in the manner prescribed by Applicable Law. Trustee, without demand on :norrower, shall sell the Property at public auction to thehigh~t bi~derat the time and place and under the terms designated in the notice ofsalcin one or nloteparcelll and in any order Trusteedetennlne.'l. TnJStee may postpone sale of all l)f any parcel of tlie'I~rop.erty by public anno\incement at the time and place Of any previously scheduled sale. I"ender or its designee may purchase tbe Property at any sale. Upon reeeipt of paym~nt of the price bid, TruStee shall deliver to the purchaser Trustee's deed conveying the Property. 1'he recitals in the Trustee's deed sball be prima facieevideuce of tbe truth of the stiltements made therein. Tl'Ustee shall apply the proceed... of the sale in the following order: (a) to all costs and eXpense.". of exercising. the power of sale, and the sale, including the payment of the Trustee's fees actually inturred and r(.'llsonable attorneys' fees as permitted by Apl>licable Law; (b) to un. sums secured by. this Security Instrument; and (c) any excess to the. person or persons legally wtitled to it.. . .; .. . . . 23. Reconveyance, :Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvei 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 warrahty to the person or persons legally entitled to it, Such. person or persons shall pay any recordation costs. Lender may charge s\lch person or persons a fee for reconveying the Property, but only if the fee is paid to a third p;:trty (such as the Trustee) for serVices rendered and the charging of the fee is permitted under Applicabltd,aw. . . 24, Sub~titute Trustee. Lender. at .its option, may from time to time remove Trustee and appoint a .successor trustee to any Trustee appointed heretlUder by an instrument recorded in the county in which this Security Instrument is tecQrd~d. Without COnveyance of the Property, the successor tl11stee shall succeed to all.the title. power and duties conferred upon Trustee herein and by Applicable Law. ..25. Request for NoticeS.lJoITower requests that copies of the notice of default and sale be sent to Borrower's address which:is the Property Address, .,6INE) 10407).02 (i) '~ Form 3028 1/01 0110283305 f>aye 13 af 15 ,.