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2a1048337 by any govemm�ental or regulatory authority, or any private party, that any rernoval or other remediation af any Hazardous 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 Enviranmental Cleanup. NON-UNIFORM COVENANTS. Borrower and L.ender further covenant and agree as fallows: 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure tlae default; (c) a date, not less than 30 days from the date the notice is given to Barrower, by which the defaalt nnust be cured; and (d) that failure to cure the default on or before the date spECi�ed in the notice rnay result in acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shall further inForm Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the non-ea�istence of a default or any other defense of Borrower to acceleration and sale. Tf the default is not cured an or before the date specified in the notice, Lender at its option may require immediate payment in t'ull of all sums secured by this Security Instrument without further demand and may invoke the power of sale and any other remedies permitted by Ap�licable Law. Lender shall be entitled to collect all expenses incurred in pursaing the remedies provided in this Section 22, including, but not limited to, reasonable attorneys' fees and costs ot' title evidence. If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the Property is located and shall mail copies of such notice in the manner prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time required by Applicable Law, Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee tnay postpone sale of all or any parcel of 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 payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Tnrstee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) ta all costs and expenses of exercising the pawer af sale, and the sale, including the payment of the Trustee's fces actually incurred and reasonable attorneys' fees as permittecl by Applicable Law; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 23. Reconveyance. Upon payment af all sums secwred by this Security Instrurnent, Lender shall request Trustee to reconvey the Property and shall surrender thzs Security Instrumez�t and all notes evidencing debt secured by this Security Instrument 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 recardation costs. Lender may charge such person ar persons a fee for reconveying the Property, but arily if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is permitted under Applicable Law. z4. Substitute Trustee. L.ender, at its option, may frorn tirne to tirne rernove Trustee and appoint a successor trustee to a�ny Trustee appointed hereunder by an instrurnent recorded in the county in which this Security Instruraent is recorded. Witk►out conveyance of the Property, the successor trustee shall succeed to all the iitle, power and duties conferred upon Trustee herein and by Applicable Law. 2S. Request for Notices. Borirower requests that copies of the notice of default and sale be sent to Borrower's address which is the Property Address. Initigls: (�-6G�NE) l000sl.oi Page 13 of 15 Form 302$ 7/49 � � •� � " f �4i!;l.► � d � t' . �� .G.�4.