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20100879� <br />by any governmental or regulatory authority, or any private party, that any removal or other remediation <br />of any Hazardous 5ubstance affecting the Froperty is necessary, Borrower shall promptly take all necessary <br />remedial actions in ac;cordance with Environmental Law. Nothing herein shall create any obligation on <br />Lender for an Environmental Cleanup. <br />NON-UNIFORM COVENANTS. Barrower and Lender further covenant and agree as follows; <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior ta <br />acceleration under Section 1$ unless Applicable Law provides atherwise). The natice shall specify: (a) <br />the default; (b) the action required to cure the default; (c) a d$te, not less than 30 days from the dute <br />the notice is �iven to Borrower, by whiCh the default must be cured; and (d) that failure to cure the <br />default on or before the date specified in the notice may result in acceleration of the sums secured by <br />this Security Instrument and sale of the Property. The notice shall further inform 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 ta acceleration and sale. If the default is not cured on or <br />befare the d�te specified in the notice, I.ender at its option may require immediate payment in full of <br />all sums secured by this Security Instrument without further demand and may invoke the power of <br />sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all <br />expenses incurred in pursuing the remedies pravided in this �ection 2Z, including, but not limited to, <br />reasonable attorneys' fees and costs of' title evidence. <br />If the power of sale is invaked, Trustee shall record a notice of default in each county in which <br />any part of the Property 'rs laeated and shall mail copies of such notice in the manner prescribed by <br />Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After the time <br />required 6y 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 Borrower, 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 of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale <br />of all ar s�ny parcel of the Property by public announcement 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 />conveyin� the Property. The recitals in the Trustee's deed shall be prima facie evidence of the tr�uth <br />of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) <br />to all costs and expenses of exercising the pawer of sale, and the sale, including the paymenk af the <br />Trustee's fees actually incurred �nd reasonable attorneys' fees as permitted by Applicable Law; (b) ta <br />all sums secured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it. <br />Z3. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to reconvey the Prop�rty and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property <br />witl�out warranty to tl�e person or persons legally entitled to it. Such persan c�r persons shall pay any <br />recordation costs. Lender may charge such person or persons a fe� for recc�nveying the Property, but only <br />if thc fec: is paid to a tl�ird party (such as the Trustee) for services rendered and the charging qf the fee is <br />permitted undcr Applicablc Law. <br />�4. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustec appointcd hereunder by an instrument recorded in the county in which this <br />Security Instru��ent is recordt;d. Without conveyance of the Property, the successor trustee shall succecd to <br />all the title, power and duties canferred upon Trustce herein and by Applicable Law. <br />lS. Request for Notices. Borrawer requcsts that copies of the notice of default and sale be sent ta <br />Borrower's address which is the Property Address. <br />1111056355 <br />� ( �i s: <br />�-6�NE) �oao��.o2 P�a,a ot ie ,�Form 302$ 1/Q1 <br />