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2o�oos5s� by any governmental or regulatory authority, or any privat� party, that any remaval ar ath�r remediation of any Hazardaus Substance affecting the Property is ►7�cessary, Borrawer shall promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. N�N-LJNIFORM C,OV�NANTS. Borrower and Lender further covenant and agree as follows: 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in khis Security Instrument (but not priar tu acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall speeify: (u) the default; (b) the action required to cure the default; (c) a date, nat less thap 3Q days from the date the notice is given to Borrower, by which khe default must be cured; and (d) that failure to cure the default on or before the date specified in t4e notice may result in acceleration of the sums secured by this Security Instrument and sale of the Property. 'I'he notice shall further inform Borrower of the ri�ht to reinstate after acceleration and the right to bring a court action to assert the non-existen�e of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on ar before the date specified in the notice, Lender at its option may require immediate payment in full of all sums secured by this Security Instrument withaut further demand and may invoke the power of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this Sectian 22, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If the power of sale is invoked, 'I'rustee shall recoed a natice of default in each counky in which any part of the Property is located and shall mail copies of such notice in the manner prescribed by Applieable Law to Borrower and to the other persons preseribed hy Applicable Law. After the time required by Applicable Law, Trustee shall give public natice af sale to the persons and in the manner prescribed by Ap�licable Luw. Trustee, without demand on Borrower, shall sell the Property at public auctian ko the hlghest bidder at the time and place and under the terms designated in the notice of sale iq one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel af the Property by public announcement at the time and place of any previously scheduled sale. I�ender 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 Truste�'s deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall appty the proceeds of the sale in the following order: (a) to all costs and expenses of exercising the power of sale, and the sale, includin� the payment of the Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this Security Instrument; s�nd (c) any excess to the person or persons Iegally entitled to it. 23. Reeonveyance. Upon paymenC of all sums secured by this Security Instrumant, Lcnder shall requcst Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidcncing 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 sh�ll pay any rccordation costs. Lender may chzrge such person or persons a fee for reconveying the Property, but only if thc fec is paid to a third party (such as the Trustee) far services rendered and the charging of thc fce is permitted under Ap�lic:ablc Law. 24. Substitute Trustee. Lender, at its aption, may from time to time rr;mave Trustee and appoint a successor trustee to any TrusCee appointed here.undcr by an instrument recorded in the caunty in which this Security Instrument is recorded. Without canvcyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustcc herein and by Applicable Law. 25. Request for Notiees. Borrower requests tliat copics of the notice of default and sale be sent to Borrower's address which is the Property Address. 1111056141 � �-6(NE) (oao��.oz P�a �s ot �a �� Form 3p28 1/01 m