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2 01009490 <br />adv�rsely 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 Substances that are <br />generally recagnized to be appropriate to normal residential uses and to maintenance of the <br />Property (including, but not limited to, hazazdous substances in consumer products). <br />Borrower shall promptly give Lender written notice of (a) any investigatian, claim, <br />demand, lawsuit or other action by any governmental or regulatory agency or private party <br />involving the Praperty and any 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, discharge, release or threat of release of any Hazardous Substance, and (c) any <br />condition caused by the presence, use or release of a Hazardous Substance which adversely <br />affects the value of the Property. If Borrower learns, or is notified by any governmental or <br />regulatory authority, or any private party, that any removal or other remediatian af any <br />Hazardous Substance affecting the Property is necessary, Borrower shall promptly talce a11 <br />necessary remedial actions in accordance with Environmental Law. Nothing herein shall create <br />any obligation on Lender for an �nvirpnmental Cleanup. <br />follows: <br />NON-UNIFORM COVENANTS. Borrower and I.ender further covenant and agree as <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to <br />acceleration following Borrower's breach of any covenant or agreement in this Security <br />Xnstrament (but not prior to acceleration under Section 1$ unless Applicable Law pravides <br />otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by <br />which the default must be eured; and (d) that failure to cure the default on or before the <br />date specified in the notice may result in acceleration of the sums secured by this Security <br />Instrument and sale of the Property. The notice shall further inform Borrower of the right <br />to reinstate after acceleration and the right to brin� a court action to assert the <br />non-ex'tstence oF a default or any other defense of Borrower to acceleration and sale. If the <br />default is not cured on or befare the date speci�ed in the not3ce, Lender at its option may <br />require immediate payment in fall of all aum�s secured by this Security Instrument without <br />further demand and may invoke the power of sale and any other rerned"res permitted by <br />Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing the <br />remedies provided in this Section 22, including, but not limited 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 other persons prescribed by <br />Applicable Law. After the time required by Applicable Law, Trustee shall give public <br />notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, <br />without demand on Borrower, shall sell the Praperty 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 order Trustee determines. Trustee may postpone sale of all or any <br />�' ��.�`� -- Singte Family -- Famie Mrellheddie Mac iINIFDRM INSTRi1MENT Form 3028 1! <br />GCC - G3028-1b (09lO1) (Page 16 of 19) Initials: �� `� <br />