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<br />200807080
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<br />removal action, as defined in Environmental Law; and (d) an "Environmental Condition" meaDS
<br />a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup.
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any
<br />Hazardous Substances, or threaten to release any Hazardous Substances, on or in the Property.
<br />Borrower shall not do, nor allow anyone else to do, anything affecting the Property (a) that is in
<br />violation of any Environmental Law, (b) which creates an Environmental Condition, or (0)
<br />which, due to the presence, use, or release of a Hazardous Substance, creates a condition that
<br />adversely affects the vaLue of the Property. The preceding two sentences shall not apply to the
<br />presence, use, or storage on the Property of small quantities of Hazardous Substances that are
<br />generally recognized to be appropriate to normal residential uses and to maintenance of the
<br />Property (including, but not limited to, hazardous substances in consumer products).
<br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand,
<br />lawsuit or other action by any governmental or regulatory agency or private party involving the
<br />Property and any Hazardous Substance or Environmental Law of which Borrower has actual
<br />knowledge, (b) any Environmental Condition, including but not limited to, any spilling, leaking,
<br />discharge, release or threat of release of any Hazardous Substance, and (c) any condition caused by
<br />the presence, use or release of a Hazardous Substance which adversely affects the value of the
<br />Property. If Borrower learns, or is notified by any governmental or regulatory authority, or any
<br />private party, that any removal or other remediation of any Hazardous Substance affecting the
<br />Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance
<br />with Environmental Law. Nothing herein shall create any obligation on Lender for an
<br />Environmental Cleanup.
<br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as
<br />follows:
<br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to'
<br />acceleration following Borrower's breach of any covenant or agreement in this Security
<br />Instrument (but not prior to acceleration under Section 18 unless Applicable Law
<br />provides otherwise). The notice shall specify: (a) the default; (b) the action required to
<br />cure the default; (c) a date, not less than 30 days from the date the notice is given to
<br />Borrower, by which the default must be cured; and (d) that failure to cure the default on
<br />or before the date specified in the notice may result in acceleration of the sums secured
<br />by this Security Instrument and sale of the Property_ The notice shall further inform
<br />Borrower of the right to reinstate after acceleration and the right to bring a court action
<br />to assert the non-existence of a default or any other defense of Borrower to acceleration
<br />and sale. If the default is not cured on or before the date specified in the notice, Lender
<br />at its option may require immediate payment in full of all sums secured by this Security
<br />Instrument without further demand and may invoke the power of sale and any other
<br />remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses
<br />incurred in pursuing the remedies provided in this Section 22, including, but not limited
<br />to, reasonable a1torneys' fees and costs of title evidence.
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<br />_ -6(NE) 10,",07)
<br />CVNE 08/13/08 12:07 PM 6428108549
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<br />Pa,. 13 of 18
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<br />,n,t'D,s,li..JA
<br />Form 3028 1/01
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