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200906316
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Last modified
8/3/2009 2:20:35 PM
Creation date
7/31/2009 3:11:07 PM
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DEEDS
Inst Number
200906316
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RE-R~CgRA~D :: <br />- ~ ~ 2009US31S 20pg01439 <br />by any govcrnmgztal or regulatory authority, or eny private pay, t1~t any retaioval ar other remediadan <br />• of aay Hazardous Substance affccti~g the Property is necasaary, $orrower s1ts11 promptlq take alI accessary <br />l~:naedial actaions in accordance rvitl3 Eavixonxtal I.aw. Nothing herein shall Create atxy obligation on <br />Lender for an Environmental Cleanup_ <br />NON-UNIFQRM COVENANTS. Borrower and Lender further covenant and agrce as follows: <br />22. Acceleratiatx; Rernedlies. Lender shall sire notice to Borrower prfar to acceleration following <br />$orrower's breach of any rnYenant or agreement in this Sectrity Instt~tment (but nest prior to <br />acceleration under Seetiplu I$ unless Applicable Law pravldes otherwise). The notice shall specify: (a) <br />the default, (b) the ac~iata required to cure tlxe detattlt; (c) a date, nest less than 3Q days lkona the date <br />the notice is gtircn to Barrowera by which the default must be cured; and (d) tb~t failure to cure the <br />default an or before the date apeciPled i>o Elie notice may tesnlt in accelera#on of the sums sued by <br />this security Instrument and sale of the Property. The notice shall fuxther in>'otzu Borrower of the <br />right to reinstaete after accelerration and the right to bring a court action to assert the loan-etdstetace of <br />a default of any other defeJtl~e oP $a~rowear to acceleration and sale. If tlxe default is not eulted on aa• <br />before the date specified in the notice, Leader at its option n7u~y requite immedXatc paytrtent itt full oP <br />all soots secured by tole Security Instrument without f~tlaer dematad and ttaay iavake the po'w'er of <br />'~,yp~ sale attd aqy other remedies permitted by Applicable Law. Leader shall be entitled to collect all <br />i~~a.• a expenses incurred l'blrpurc~eir~g the remedies provided ~ this Section 22, including, but not limited ta, <br />'~ ~~ reasonable attorneys fees and costs of title evlde~ce. <br />`` ~ IP the power of sale is invoked, Trustee ,shall re~,ird a aat>ce of default in each county in which <br />:,.. ~ ~ Part of the Property is located and shall mail copies of Bch notice ht the loniwner prescribed by <br />~.~cd~~~ ~° Applicable Law to Batrrawer attd to the other pgtsons pres~bsd by Applicable Law. After tlxe time <br />. - "`~ , required by Applicable Law, Trustee shall give public ttatice of sale to the persons and in the manner <br />~~~- prescribed by Applicable I,aw. 'Y'tustee, without demand 0~ Borrower, shall sell the property at <br />Via' public auction to the highest biddar at the dime and place and under the tearus designated #t, the <br />not"tee of sale in one or mare parcels and fin nay order Trustee detet~artines. 't'trustee mazy postpone sale <br />of all or any parcel of the Property by public announcenaeut at tlxc time Brad place of any pareviausly <br />scbieduIed sale. Letadea: or ire desi may pratchase tb~e Property at aqv gale. <br />[7poaa receipt of payment of t1~ price laid, Trustce shall deliver to the purchaser 't`rustee's deed <br />conveying the Property. T,be t.,ecitala in the Trasttx'a deed shall be priima Pecie evidence of the truth <br />of the statements made therein. 'tee sixes)) apply the proceeds oP floe sale Sla the Pollor+ring order: (a) <br />to all costs and expenses of Ong fire power. of sale, and the sale, including floe paym~0.t of the <br />Trttistee's fees actu$lly incurred and reasonable attoz'txeys' Pees as perrtxitted by Applicable ls,aw; (b) to <br />all sums secured by this Security Iiustrtuatent; arid (c) any excess to the person or persons legally <br />entitled to it. <br />23. Reconveya~dce. Upon paymeq,t of all sums secured by this 5ecuxzty Instrument, Y.cttder shall <br />request Trustee to reoonvcy the Property a>ul sha11 Surrender this Security InStrtu~nent and all >a4tes <br />evidenci>xg debt Secured by this $ervrity Instrumgpt to Trustee. TritStee shall reconvey the Property <br />without warra>ary to the person ox persaxas legally eatitlad to it. $tt~ person at perSOrts s1aa11 pay any <br />r~ardation casts. Lender may charge slack Person or persons a fee for recanveying rite Iroperty* but only <br />xi the fee as paid to a third party (Such as the Trustee) for servXges rendered and tl~ie charging of the fee is <br />" permitter) under Applicable Law. <br />24. Substitute Trutstee, X.eudear, ad its option, >uay from ,~ ~ tiaae tesnove Trrustee and appoint a <br />successor trustee to any TxuStee appointed hereunder by ~ ~t recorded in the county in wktich this <br />Security Instrument is recorded, Without conveyance of the Property, the successor trustee shall staceeed to <br />all [rte title, power sod duties conferred upon Trustee herein and by Applicable I..aw. <br />25. Request for Notices. Borrower reques~ that copies of the notice of default and sale be sent to <br />Borrower's address which is the Property Addxe~s. <br />~e~ +3 or t5 Form 3a28 ~/p7 <br />
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