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�oioos4sc <br />by any governmental or regulatory authority, or any private party, that any removal or other remediation <br />of any Hazardous Substance affectiang the Property is necessary, Borrower shall promptly take all necessary <br />remedial actions in accordance with Environmental �,aw. Nothing herein shall create any obligation on <br />Lender far an Environrnental Cleanup. <br />NON-UNIFORM COVENANTS. Borrower and L,ender furthec covenant and agree as fallows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleratian following <br />Borrower's breach of any covenant or agreement 'rn this Security Instrument (but not priar to <br />acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) <br />the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date <br />the notice is given to Borrower, by whicl� the defaalt must be cured; and (d) that failure to cure the <br />default on or before th� date speci�ed in the notice nnay result in acceleration of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall further in�'oxmi Borrower of the <br />right to reinstate after acceleration and the right to bring a court action to assert the non-existence of <br />a default or any other defense of Borrower to acceleration and sale. If the default is not cared on ar <br />before the date specified in the notice, Lender at its option may r�quire immecliate payment in fall of <br />all sums secured by this Security Instrument without further demand and rnay invoke the power of <br />sale and any other remedies permitted by Applirable Law. Lender shall be entitled to collect all <br />expenses incarred in pursuing the remedies provided in this Section 22, including, but not limited to, <br />reasonable attocneys' fees and costs of title evidence. <br />If the power af sale is invoked, Trustee shall record a notice of default in each county in which <br />any part of the Property is located and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Borrower and to the other persans prescribed by Applicable Law. After the time <br />required by Applicable Law, Trustee shall give public notice oF sale to the persons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Barrower, shall sell the Property at <br />public auction to the highest bidder at the time and place and under the terms designated in the <br />notice af sale in one or mare parcels and in any order Trustee determines. Trustee may postpone sale <br />of all or any parcel of the Property by public annauncement at the time and place of any previously <br />scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt af payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals in the Trustee's deecl shatl be prima facie evidence of the truth <br />of the statements made therein. Trustee shall apply the proceeds af the sale in the follow'rng order: (a) <br />to all costs and expenses of exercising the power of sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and reasonable attorneys' fces as permitted by Applirable Law; (b) to <br />all sunns secured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />23. Reconveyance. Upon paym�nt of all sums secured by this Security Instrument, Lender shall <br />request Ttustee to reconvey the Properiy and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security InstxwnenC to Ttvstee. Trustee shall reconvey the Property <br />without warranty to the person ox persons legally entitled to it. Such person or persans shall pay any <br />recordation costs. Lender rnay charge such person or persons a fee for reconveying the Property, but or►ly <br />if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is <br />pernlitted under Applicable Law. <br />24. Substitute Trustee. J.ender, at its optian, may from time to tim� remave Trustee and appoint a <br />successor trustee to any TrusCee appointed hereunder by an instrumenC recorded in the county in wtuch this <br />Security Instrument is recorded. Without conveyar�ce of the Property, the successor trustee shall succeed to <br />all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notices. Borrower requests that copies oF the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br />Initials: <br />�-6G(NE) 10005).Oi Page 13 of 15 Form 3028 1/01 <br />� <br />i� � ��.' e S . � t; . . <br />� <br />