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16.$orrower's Copy. Borrower shall be given one conformed copy of the Note and of this Sec��s�tru�eOn 1
<br /> l7.Transfer of the Property or a Beneficial Interest in Bonower. If all or any part of the Property or any interest in it is
<br /> scsld or ttansfared (or if a beneficial interest in Borrower is sold or transfened and Borrower is not a natival person) without
<br /> L:ender's prior written consent,I.ender may,at its option,require immediate payment in full of all sums secured by this Security
<br /> Inswmen� Howevea, this option shall not be exercised by Lender if e�cercise is prohibited by federal law as of the date of this
<br /> Security Instrumen�
<br /> If Lender exercises this option,Lender shall give Borrower nodce of acceleration.lfie notice 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 Security
<br /> Instrument, If Borrower fails to pay these sums prior to the ezpiration of this period,L,ender may invoke any remedies permitted
<br /> by this Security Instrument without further nodce or demand on Borrower.
<br /> 18.Borrower's Right to einstate. If Borrower meets certain conditions, Bonower shall have the right to have
<br /> enforcement of this Security strwri' "t��liSC�nd�nc�aE any ' e prior to the earlier of: (a) 5 days (or such other period as
<br /> I�i�strumen�or �Y ��Y f re���!� ` �<<°�:�e P�rsuant to any power of sale contained in this Security
<br /> rs
<br /> (b)entry of a j dgm�t��:�cmg�a �titjt�,I trumen�Those condidons are that Boaower:(a)pays Lender all
<br /> sums which then would be -thu.Sieculi'i YnstrunieiY and the Note as if no acceleration had occurred; (b) cures any
<br /> default of an 'other covenants or �""�
<br /> Y agreements; (c)pays all'expehses incurred in enforcing this Security Instrument,including,but
<br /> not limiced to,reasonable attorneys' fees;and(d)takes such action as L.ender may reasonably require to assure that the lien of this
<br /> Sec�rity Inswment, Lender's rights in the Property and Borrower's obligadon to pay the sums sec�red by this Security
<br /> Inswment shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument and the obligations secured
<br /> hereby shall remain fully effective as if no acceleration had accurre�.However,this right W reinstate shall not apply in the case of
<br /> acceleration under paragraph 17.
<br /> 19.Sale of Note;Change of Loan Servicer. Trie Note or a partial interest in the Note (together with this Sec�uity
<br /> Inswment) may be sold one or more times without prior nodce to Borrower. A sale may result in a change in the endty(known
<br /> as the"Loan Servicer")that collects mont�hly payments due under the Note and this Security Instrumen�There also may be one or
<br /> more changes of the Loan Servicer unrelaced to a saie of the Note. If there is a change of the Loan Servicer, Borrower will be
<br /> given writien 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 /> informadoa 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 Property. Borrower shall not do,nor allow anyone else to do,anything affecting the Property
<br /> that is in violadon of any Environmental Law. The preceding two sentences shall not apply to ihe presence,use,or storage on the
<br /> Property of small quanpties of Hazardous Substances that are generally recognir� � }��pp�p� � normal residential uses
<br /> and to maintenance of the Property.
<br /> Borrower shall promptly give Lender written notice of any invesdgadon,�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 acwal irnowledge. If Borrower learns,or is norified by any governmental or regulatory authority,that any
<br /> removal or other remediadon of any Hazardous Substance affecting the ptoperty is necessar�,� go��,�,er shall prompdy take all
<br /> necessary remedial acdons 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 products, toxic
<br /> pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As used in
<br /> :his paragraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate
<br /> tQ health,safety or environmenta!protection.
<br /> NON-UNIFORM COVENANTS.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 Security Instrument (but not prior to acceteration under paragraph 17 untess
<br /> applicable law provides ot6erwise).The 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 spec�ed in the notice may result in acceleration of the sums secured
<br /> by this Security Instrument and sale of t6e Property. The notice shall further inform Borrower oP the right to reinstate
<br /> after acceleration and the right to bring a court action to assert t6e 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 further demand
<br /> and may invoke the power of sale and any other remedies permitted by applicable law.Lender shall be entitled to collect
<br /> all expenseg incurred in pursuing the remedies provided in this paragraph 21, including, but not limited to, reasonable
<br /> attorneys'fees and costs of title evidence.
<br /> If 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 law to Borrower and to the
<br /> other persons prescribed by applicable law.After the time required by appGcabie law, Trustee shall give public notice of
<br /> sale to t6e persons and in the manner prescribed by appticable law. Trustee,without demand on Borrower,shall sell the
<br /> Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale
<br /> l�-eR(NEj�92�2�.0� Form 3028 9/90
<br /> Page 5 018
<br /> InNials:
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