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I G. 13orrower's Copy. 13orrower shall be given one conformed copy of the Note and of this Security Instrument.
<br /> 17. Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any
<br /> interest in i� is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower �s not a �
<br /> natural person) without Lender's prior written consent, Lender may, at its option, require immediate payment in full of �
<br /> all siims secured by this Security Instrument. However, this option shall not be exercised by Lender if exercise is ��
<br /> prohibited by federai law as of the date of this Security Instrument. '
<br /> If I,ender exercises this option, Lender shall give Borrower notice of acceleration.The notice shall provide a period �
<br /> of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured �?
<br /> by this Security Instrument:If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke y�i
<br /> any remedies permitted by tl�is Security Instrument without further notice or demand on Borrower. (�
<br /> 18. I3orrower's R�ght to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have �
<br /> enf�rcement of this Security Instrument discontinued at any time prior to the earlier of: (a) 5 days (or such other period �
<br /> as applicable law may spec�fy for reinstatement) before sale of the Property pursuant to any power of sale contained in
<br /> this Securit Instrument; or (b) entry of a judgment enforcing this Security Instrument. Those conditions are that
<br /> Iiorrower: (�a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no
<br /> acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in
<br /> enforcing this Security Instrument,including, but not limited to, reasonable attorneys'fees; and (d) takes such action as
<br /> Lender may reasonably require to assure that the lien of this Security Instrument, Lender's rights in the Property and
<br /> Borrower's obligation to pay the sums secured by this Security Instrument shall continue unchanged. Upon reinstatement
<br /> by Borrower, this Security Instrument and the obligations secured hereby shall remain fully effective as if no acceleration
<br /> had occurred. �iowever,this right to reinstate shall not apply in the case of 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 /> Instrument) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity
<br /> (known as the "Loan Servicer") that collects monthly payments due under the Note and this Security Instrument.There
<br /> also may be one or more changes of the I,oan Servicer unrelated to a sale of the Note. If there is a change of the Loan
<br /> Servicer, I�orrower will be given written notice of the change in accordance with paragraph 14 above and applicable law.
<br /> The notice wilt state the name and address of the new Loan Servicer and the address to which payments should be made.
<br /> The noticewill also contain any other information required by applicable law.
<br /> 20. IIazard�us Substances, Iiorrower shall not cause or permit the presence, use, disposal, storage, �r release of
<br /> any I Iazard�us Substances on or in the I'roperty. Borrower shall not do, nor allow anyone else to do, anything affecting
<br /> the Property that is in violation of any �nvtronmental Law.'I�he preceding two sentences shall not apply to the presence,
<br /> use, c�r storage on the Property of small quantities of IIazardous Substances that are generally recognized to be
<br /> appro�riate to normal residential uses and to maintenance of the Property.
<br /> liorrocver shall Promptly give I.ender written notice of any investigation,claim,demand, lawsuit or other action by
<br /> any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or
<br /> Environmental Law of which I3orrower has actual knowledge. If Borrower learns, or is notified by any governmental or
<br /> regulatory authority, that any removal or other remediation of any I-iazardous Substance affecting the Property is
<br /> necessary, Borrower shail promptly take all necessary remedial actions in accordance with Environmental I.aw.
<br /> As used in this paragraph 20, "Hazardous Substances" are those substances defined as toxic or hazardous substances
<br /> by F_n��ironmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products,
<br /> toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive
<br /> mater�als. As used in this paragraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the
<br /> Property�is located that relate to health,safety or environmental protection.
<br /> NON-t1NIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br /> 21. Acceleration; Remedies. Lender shal! give notice to Borrower prior to acceleration following
<br /> B<�rrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration
<br /> under paragraph 17 unless applicable law provides otherwise). 'I'he notice shall specify: (a) the default; (b) the
<br /> action required to cure the default; (c) a date, not less than 30 days from the date the notice is given to
<br /> Borro�ver, by which the default must be cured; and (d) that failure to cure the default on or before the date
<br /> specified in the notice may result in acceleration of the sums secured by this Security Instrument and sale of
<br /> the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the
<br /> right to bring a court action to assert the non-existence of a default or any other defense of I3orrower to
<br /> acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender, at its
<br /> c�ption, may require immediate payment in full of all sums secured by this Security Instrument without
<br /> further demand and may invoke the power of sale and any other remedies permitted by applicable law.
<br /> Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph
<br /> 21, including, but not limited to, reasonable attorneys' fees and costs of title evidence.
<br /> If the power of sale is invoked,Trustee shall record a notice of defa�it in each county in which any part of
<br /> the Property is located and shall mail copies of such notice in the manner prescribed by applicable law to
<br /> I3�rro�ver and to the other persons prescribed by applicable law. After the time required by applicable law,
<br /> 'frastee shall give public notice of sale to the persons and in the manner prescribed by applicable law. Trustee,
<br /> �vithout demand on I3orrower, shall sell the Property at public auction to the highest bidder at the time and ,,
<br /> place and under the terms designated in the notice of sale in one or more parcels and in any ��rder 7'rustee' �
<br /> determines. "Crustee may postpane sale of all or any parcel of the Property by public annc�uncement at the
<br /> time and place of any previously scheduled sale. I,ender or its designee may purchase the 1'roperty at any � �
<br /> sale.
<br /> , ��.
<br /> �o-6RINEI�9ziz,.o, Paga s of s Form 3028A 9�/90
<br /> Initials: �G//S'.
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<br /> r, r�.
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