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. � 16.Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument�
<br /> 17.Transfer of the Property or a Bene�cial Interest in Borrower. If all or any part of the Property or any inierest in it is
<br /> sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without
<br /> Lender's prior written consent, Lender may, at iu option,require immediate payment in full of all sums secured by this Security
<br /> Instrument However, ihis oprion shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this �
<br /> Security Insuurr►ent
<br /> If Lender exercises this option,Lender shall give Bonower notice of acceleration.The norice shall provide a period of not less �
<br /> than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Securiry
<br /> Instrument If Borrower fails to pay these sums prior to�the expiration of this period,Lender may invoke any remedies permitte�
<br /> by this Security Instrument without further nodce or demand on Borrower. C°?
<br /> 18.Borrower's Right to Reinstate. If Bonowez meets certain conditions, Borrower shall have the right to hav�
<br /> enforcement of this Security Instrument discontinued at any time prior to the earlier of: (a) 5 days (or such other period a�1
<br /> applicable law may specify for reinstatement) before sale of the Property pursuant to any power of sale contained in this Securit�
<br /> Instrument; or (b) entry of a judgment enforcing this Security Instrument Those conditions are that Borrower: (a)pays Lender al�
<br /> sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any
<br /> default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including,but
<br /> not limited to,reasonable auorneys' fees; and (d)takes such action as Lender may reasonably require to assure that the lien of this
<br /> Security Instrument, Lender's rights in the Property and Borrower's obligation to pay the sums secured by this Securiry
<br /> Instrument shall condnue unchanged. Upon reinstatement by Borrower, this Security Instrument and the obligations secured
<br /> hereby shall remain fully effective as if no acceleradon had occurred. However,this right to reinstate shall not apply in the case of
<br /> acceleration under paragraph 17.
<br /> 19.Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security
<br /> Inswment) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the endty (known
<br /> as the "Loan Servicer") that collects monthly paymenu due under the Note and this Securiry Instrumen�There also may be one or
<br /> more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be
<br /> given written notice of the change in accordance with paragraph 14 above and applicable law. The notice will state the name and
<br /> address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other
<br /> information required by applicable law.
<br /> 20.Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any
<br /> Hazardous Substances on or in the Propert}�. Borrower shall not do, nor allow anyone else to do, anything affecting the Properry
<br /> that is in violation of an}�Environmental Law. The preceding two sentences shall not apply to the presence, use,or storage on the
<br /> Properry of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses
<br /> and to maintenance of the Propert}�.
<br /> Borrower shall prompdy give Lender wriuen notice of any invesrigation, claim, demand, lawsuit or other action by any
<br /> governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law
<br /> of which Borrower has actual lrnowledge. If Borrower learns, or is notified by any governmental or regulatory authority, that any
<br /> removal or other remediation of an�� Hazardous Substance affecting the Property is necessary, Borrower shall prompdy take all
<br /> necessary remedial actions in accordance with Environmental Law.
<br /> As used in this paragraph 20, "Hazardous Substances" are those substances defined as toxic or hazardous substances by
<br /> Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum producu, toxic
<br /> pesticides and herbicides, volatile solvenu, materials containing asbestos or formaldehyde, and radioactive materials. As used in
<br /> this paragraph 2Q, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate
<br /> to health,safery or environmental protecuon.
<br /> NOI�-UNIFORM COVEIvTANTS.Borrower and Lender further covenant and agree as follows:
<br /> 21.Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of
<br /> any covenant or agreement in this Securit}• Instrument (but not prior to acceleration under paragraph 17 unless
<br /> applicable laa• provides otherwise).T6e notice shall specify: (a) the default; (b) the action required to cure the default; (c)
<br /> a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d)
<br /> that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums secured
<br /> by� this Security Iastrument and sale of the Property. The notice s6all further inform Borrower of the right to reinstate
<br /> after acceleration and the right to bring a court action to assert the non-existence of a default or any other defense of
<br /> Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender, at its
<br /> option, may require immediate payment in full of all sums secured by this Security Instrument without furt6er demand
<br /> and may invoke t6e power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect
<br /> all expenses incurred in pursuing t6e remedies provided in this paragrap6 21, includiag, but not timited to, reasonable
<br /> attorneys'fees and costs of 6tle evidence. y;;
<br /> It the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the-�
<br /> Property is located and shall mail copies of such notice in the manner prescribed by applicable 18w to Borrower and to the�,;;
<br /> other persons prescribed b}• applicable law. After the time required by applicable law,Trustee s6all give pubGc notice o}' '
<br /> sale to t6e persons aad in the manner prescribed by applicable law. Trustee, wit6out demand on Borrower, shall sell the�„'
<br /> Propertf at pubGc auction to the 6ig6est bidder at t6e time and place and under the terms designated in t6e notice of sale
<br /> 6R NE Form 3028 9/90
<br /> ��- ( )(�212).01 Pape 5 of 6
<br /> Initials:
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