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17. Tra�sfer of the Property or a Bene�cial Interest in Borrower. If all or any part of the Property or any interest in it <br /> is sold or transferred (or if a beneficial interest in Borrower is sold or transfeired and Borrower is not a natural person) without � <br /> Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by this <br /> Security Instrument. However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date � <br /> of this Secuntv Instrument. � <br /> [f Lender e�ercises chis option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not <br /> less than 30 davs from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this � <br /> Security instrumenc. If Borrower fails to pay [hese sums prior to the ezpiration of this period, Lender may invoke any remedies � <br /> pernut[ed bv this Security InS.t;'u�te�tc•�viFhout�further notice or demand on Borrower. <br /> 18. Borrowerts R��tit to�,Reit�sxate: If: Barrower meets certain condi[ions, Borrower shall have the right to have <br /> enforcement of this ecul�t�r��gtrument�discontinued at any time prior to the earlier of: (a) 5 days (or such other period as <br /> applicable law may pt�ify� for reinstatemen[) before sale of the Properry pursuant to any power of sale concained in this � <br /> Security Instrument; or(b) entry of a judgment enforcing this Security Instrumenc. Those conditions are that Borrower: (a)pays ' <br /> Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) <br /> cures any default, of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Securiry Instrument, <br /> including, but not limi[ed to, reasonable a[torneys' fees; and (d) takes such action as Lender may reasonably require to assure <br /> that the lien of this Security [nstrument, Lender's rights in the Property and Borrower's obligation to pay the sums secured by <br /> this Securiry Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument and the <br /> obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall <br /> not apply in the case of acceleration under paragraph 17. <br /> 19. Sale of Yote; 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 (known <br /> as the "Loan Servicer") that collects monthly payments due under the Note and this Security Instrument. There also may be one <br /> or 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 /> ;iven 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 /> 30. Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any <br /> Hazardous .Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the <br /> Pr�perty [hat is in violacion of any Environmental Law. The preceding two sentences shall not apply to the presence, use, or <br /> storage on the Propercy of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal <br /> residen[ial uses and �o maintenance of the Property. <br /> Borrower shall promptly ;ive Lender written notice of any investigation, claim, demand, lawsuit or other action by any <br /> ;overnmental or regulatory agency or priva[e party involving the Property and any Hazardous Substance or Environmental Law <br /> of which Borrower has actual knowledge. If Bonower learns, or is notified by any governmental or regulatory authoriry, that <br /> any removal or other remediation of any Hazardous Substance affecting the Properry is necessary, Borrower shall promptly take <br /> all necessary remedial actions in accordance with Environmental Law. <br /> As used in chis paragraph '_0, "Hazardous Substances" are those substances detined as coxic or hazardous substances by <br /> Environmental Law and the following substances: gaso(ine, kerosene, other flammable or toxic petroleum products, tozic <br /> pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As used in <br /> this pazagraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Properry is located that <br /> relate to health, safety or environmen[al pro[ection. <br /> ;vON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br /> 21. �cceleration; Remedies. Lender shal! give notice to Borrower prior to acceleration following Borrower's breach <br /> of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraph 17 unless <br /> applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; <br /> (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and <br /> (d) that failure to cure the default on or before the date speci�ed in the notice may result in acceleration of the sums <br /> secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to <br /> reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or any other <br /> defense of Borrower to acceleration and sale. If the default is not cured on or before the date speci�ed in the notice, <br /> Lender, at its option, may require immediate payment in full of all sums secured by this Security Instrument without <br /> further demand and may invoke the power of saie and any other remedies permitted by applicable law. Lender shall be <br /> entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 21, including, but not limited <br /> to, reasonable attorneys' fees and costs of title evidence. <br /> If the power of sale is invoked, Trustee shail 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 law to Borrower and to <br /> the �ther persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice <br /> of sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell <br /> the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of � <br /> sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the <br /> Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may � <br /> purchase the Property at any sale. <br /> .... <br /> �•6R(NE) isiizi.o2 Form 3028 9/90 <br /> � Page 5 oi 6 <br /> Initials: <br />