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201008082 <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 Substar�ces that aze <br />generally recognized to be appropriate to normal residential uses and to maincenance of the <br />Property (including, but not limited to, hazazdous substances in consurner products). <br />Borrower shall promptly give Lender written notice of (a) any investigation, claim, <br />demand, lawsuit or other actian by any governmental or regulatory agency or private party <br />involving the Property and ar�y Hazardous Substance or Environmental Law of which Borrower <br />has actual knowledge, (b) any Environmental Condition, including but not limited to, any <br />spilling, leaking, dischazge, release or threat of release of any Hazardaus Substance, and (c) any <br />condition caused by the presence, use or release of a Hazardaus Substance which advexsely <br />affects the value of the Property. If Borrower learns, or is noti�ed by any governmental or <br />regulatory authority, or any private party, that any removal or other remediation of any <br />Hazardous Substance affecting the Property is necessary, Barrower shall promptly take all <br />necessary remedial actions in accordance with Environmental Law. Nothing herein shall create <br />any obligation on Lender for an Environmental Cleanup. <br />follaws: <br />NON-UNIFORM COVENANTS. Bonpwer and Lender further covenant and agree as <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to <br />acceleration following Bonrower's breach of any covenant or agreement in this Security <br />Instrument (but not prior ta acceleration under Section 1$ unless Applicahle Law provides <br />otherwise). The notice shall specify: (a) the default; (b) the action required to care the <br />default; (c) a date, not less than 30 days frorn the date the notice is given to Borrower, by <br />which the default must be cured; and (d) that failure to cure the default on or before the <br />date speci�ed in the notice may result in acceleration of the sums secured by this Secarity <br />Instrument and sale of the Property. The nodce shall further inform Borrower of the right <br />to reinstate after acceleration and the right to bring a court action to assert the <br />non-existence of a default or any other defense of Sorrower to acceleration and sale. If the <br />default is not cured on or before the date speci�ed in the notice, Lender at its option may <br />require immediate payment in Yull of all sums secured by this Security Instrument withoat <br />further demand and may invoke the power of sale and any other remedies permitted by <br />Applicable Law. Lender shall be entit�ed to collect all expenses incurred in pursuing the <br />remedies provided in this Section 22, including, but not lirnited to, reasonable attorneys' <br />fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county <br />in which any part of the Property is located and shall mail copies of such notice in the <br />manner prescribed by Applicable Law to Borrower and to the ather persons prescribed by <br />Applicable Law. After the time required by Applicable Law, Trustee shall give pablic <br />notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, <br />without demand on Borrower, shall sell the Property at public auction to the highest bidder <br />at the time and place and under the terms deisgnated in the notice of sale in one or more <br />parcels and in any arder Trustee determines. Trustee may postpone sale of all or any <br />�B�S� -- Single Family -- Fannle Mae/M�Yeddie Mac UNIFORM INSTRUMENT Form 3028 /�� <br />GCC - G3028-1b (09/01) (Page l6 of 19) Initials: v� � <br />