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2Q110163�
<br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances,
<br />or threaten to release any Hazardous Substanoes, on or in the Property. Borrower shall not do, nor allow anyone else
<br />to do, anything affecting the Property (a) that is in violaflon of any Environmental Law, (b) which creates an
<br />Environmental Cottdition, or (c) whicty due to the presence, use, or release of a Hazardous Substance, creates a
<br />conditioo that adversely 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 genetally recognized
<br />to he appropriate to normal residential uses and to maintenance of the Property (including, but not litnited to,
<br />hazardous substances in consumer products).
<br />Borrower shall promptly give Lender written no6ce of (a) any investigation, claim, demand, lawsuit or other
<br />action by any govemmental or regulatory agency or private parry involving the Property and any Hazardous Substance
<br />or Environmental Law of which Borrower has actual knowledge, (b) any Environmental Condition, including but not
<br />limited to, any spilling, leaking, discharge, release or threat of release ofany Hazardous Substance, and (c) any
<br />wndition caused by the presence, use or release of a Hazardous Substance which adversely affects the value of the
<br />Property. If Borrower leatns, or is notified by any governmental or regulatory authority, or any private pazty, that
<br />any removal or othei remediation of any Ha2ardous Substance affecting the Property is necessary, Borrower shall
<br />prompUy take all necessary remedial actions in accordance with Environmental Law. Notlring herein shall create any
<br />obligation on Lender for an Environmental Cleanup.
<br />NON-UNIFORM COVENANTS. Bonower and I.ender further covenant and agree as follows:
<br />22. Acceleration; Remedies. Lender shall �ve nolice to Borrower prior to acceleration following
<br />Borrower's breach of any covenant or agreement in tLis Security Instrument (but not prior to acceleration under
<br />Sec6on 1S unless Appiicabte Law provides otherwise). The notice shall specify: (a) the default; (b) the action
<br />required to cure the default; (c) a date, not less than 30 days from the date the uotice is given to Borrower, by
<br />whic6 the deTault must be cured; and (d) that failure to cure the default on or before the date specified in the
<br />notice may result in acceleration of the sums secured by this Security Instrument and sale of the Property. The
<br />noNce shell further inform Borrower of the right to reinstate after acceleration and the right to bring a court
<br />action to assert t6e non-e�stence of a default or any other defense of Borrower to acceleration and ssle. H the
<br />default is not cured ou or before the date specified in the notice, Lender at its option may require immediate
<br />payment in full of all swns secured by this Security Instrument without further demand and may invoke the
<br />power of sale and any other remedies permitted by Appticable Law. Lender sLall be entitled to collect a11
<br />expenses incurred in pursuing t6e remedies provided in this Section 22, including, but not limited to, reasouable
<br />attomeys' fees and costs of tiNe evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of default in each county in whic6 any part
<br />of the Property is located and s6all mail copies of such notice in the mamer prescribed by Applicable Law to
<br />Bonower and to the other persons prescribed by Applicable Law. After the time reguired by Appticable Law,
<br />Trustee shall give pubbc notice of sale to the persons and in the mAnner prescribed by App6cabla Law. Trustee,
<br />without demand on Borrower, sha11 sell the Praperty at pablic auction to the highest bidder at the time �nd
<br />place and under the terms designated in the notice of sale in one or more parcels and 'm any order Trustee
<br />determines. Trustee may poslpone sale of all or any parcel of the Property by public announcement at the time
<br />and place of any previously scheduled sale. Lender or its designee may purchase the Property at any salc.
<br />Upon receipt of paytnent of the price bid, Trustee shall deliver to t6e purc6aser Tivstee's deed conveying
<br />the Property. 1'he recitals in the Trustee's deed shall be prima facie evidence of the trut6 ot the statements
<br />made t6erein. Trustee s6a11 apply the proceeds of the sale in tlie followiog order: (a) to all costs and expenses
<br />of exercising the pawer of sale, and the sale, including t6e payment of the Trustee's fees actually incurred snd
<br />reasonable atforneys` fees as permitted by Applicable Law; (b) to all sums secured by this Security Instrument;
<br />and (c) any eacess to the person or persons legally entlUed to it.
<br />23. Reconveyance. Upon payment of all sums securedby this Security Instrument, Lender shall requestTrustee
<br />to reconvey the Property and shall surrender this Securiry Instewnent and all notes evidencing debt secured by tlils
<br />Security Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally
<br />entitled to it. Such person or persons shall pay any recordation costs, Lender may charge such person or persoas a
<br />fee for reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered
<br />and the charging of the fee is permitted under Applicable Law.
<br />24. Substitute Truatee. Lender, at its option, may from time to time remove Trustee and appoint a successor
<br />trustee to any Trustee appointed hereunder by an instrnment recorded in the county in which Nris Security Inshvment
<br />is recorded. Without eonveyance of the Property, the successor trustee shall succeed to all the title, power and duties
<br />conferred upon Trustee herein and by Applicable Law.
<br />25. Request for Notiees. Borrower requests that copies of the notice of default and sale be settt to Borrower's
<br />address which is the Property Address.
<br />Borrower Initials:
<br />Famiiy--Fannie
<br />DoeMagle pL`�l7aooe
<br />wwW.docmagic.com
<br />IIIIIIIII Iil�l IIIII'II IIII FI II I II II I I IIIIII IIIIIIIIIIII Ill
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