|
,_._�..�. . . ,.. . .
<br /> .,.
<br /> � " �w�Mwuar�w� -
<br /> �. � ti:�� �ya.. --- --- __ ..__ .. .. - ----- - . _..�.�.
<br /> �5��' i�lvrt � _u:.�� -- _
<br /> �8"�,it4�01
<br /> 17.Tr�nster ot th'Property or t getieficl�l InterMt In Borrower.If sll or any part of thc Propcny ur any interest in it
<br /> is sold ur transferred(or if a Ikneficial interest in Borcc�wcr is sold nr transferrai u�x1 Ikurowcr ic rxit a natura�per.son)witfwut
<br /> Lender's priar written cotuent, Lender may, ut its option, roquire immaiieta paymen� In f'ull of all sums socurod by this
<br /> Security Instrument.However,this optinn shall not be exercisai by L,ender if exercise is prohibieed by fai�rei law na nf the�f�te
<br /> �f this Security Instrumcnt.
<br /> If l.cndcr cxerclses tl�is option,Lemior shall Rive Bonower noti��a nf acceleration.'fho noticc shall provide a period of rxx
<br /> less than 30 days fmm the date the nutleo is delivercd or ntailal �vithin which Bocrower must pay all sums securcd by thls
<br /> Security Instn�mcnt. If Bormwer fails to pay thes�sums prior ro the expiradon of this period, [.tncier ntay invnkn any remedies
<br /> pemiittal by thiF Security Instrument without further notice or denu�nd on Borcower.
<br /> 1R. Borrower's Rl�ht to ReiaMate. If Borrower meets certain conditions, Borrower shall hava the right to hxve
<br /> enforr.em,ent of this Security lnstruitxnt discontinued at eny time prior to thc earlier of: (a)S days (ar such othcr period as
<br /> ay�[i,cab�.� la.w may specify for reinstntement) beforo sale c�f the Pmperty pursuant to any power of sale containod in thls �
<br /> 5cr,trit�,*.r.�srr.,imcnr ar(b)entry of a judgm.nt cnfarcing this Secu;.i�.-,�iastrume�..'�'i�oss cuudltiuns are that Borrower:(a)pays
<br /> 1„e�ider atl suzns which th�en wauld be due under this Security In.st.rumcrn.arri the Hr�t,e as if no accelemtion had oceurrod; (b)
<br /> curc� any default of ui.y otuer cavenants Ar agrame�ts; (c) pays aJ[expenx.�s in�cu.r.n�,{ in ec+forcing this Security instrument,
<br /> including, but not Ifmited to, rcasotiu�bic attomeys' Cccs;and(d) tai�ea such action as i.ex�r, ma,y reasonably roquire to assure
<br /> that tlx lien of this Socutity Instrumetu.Ltndcr's rights in the Proper.ty arxi Rorrowcr's�l.+li:g�P.iorr tn pay the sums secured by
<br /> this Secu�ity Instrument shull cnnt�nu�c unchsnged, [Jpon reinstatement by Borrower, this 5�xv.rity Instrument and the
<br /> obligations sxurod hercby shall remuen fully effective as if no accele�ation had accurred. However, t�.is c�ig�at to rcinstate shall
<br /> not apply in the�ase of eccrleration undcr paragraph l7.
<br /> 19. Sale of Note; Ch�c ot Loan Servioe�r.'i'he Note or a partial inttrest in the Note (together wirh this Scn�rity
<br /> Iastrument)may be sold one or morc times with�ut prior notioc ta Borrower.A.sale may result in a�change ice a.hc mtity(fcnown
<br /> as the'Loan Servicer")that collects monthly payments due under the Note and this Security Instrument.7'hero also rrwiy lk o�e
<br /> or morc changcs of the Loan Servicer unrclated ta a sale of the N�te.lf there is a changc of the Loan Serviar, Borrower�rill be
<br /> given written notice of t6e change in accordance with paragraph 14 above and applicable law. The notia will state the natne and
<br /> address of the new Loan 5ervicer and the address to which payments should be made. The aotice will also contain any other
<br /> infornution requirecl by applicable law.
<br /> 20. Hazprdous SubstAncea. Bonrower shall not cause or permit the presenc��, use, disposal, storage, or nle�se of eny
<br /> Hazardous Substances on or in the Property. Borrower shall not da, nor alla��- •�iyone else W do, anything affxting the
<br /> Property that is in violati�n of any Environmentel Iaw. The prex�iiu3���w�,��rr�,�.��2�! net$p�ly io t��gr�snce� L;z, ar
<br /> storage on the Prope�ty of small quentities of Hazardous Subswnces ¢hat are generaily recog�iz�d to be appropriate to norm�l
<br />. ; rrsidcntiai uses and to maintGnancc of the Propeny.
<br /> �orr�we:shall pratnptty give��d-c� writteo �x�i:�cc:of any investigation, c���ini, demend, lawsuit or ott�e7 xtion by ony
<br /> �arSrnmcntal or regulatory agency or private pany invo�•�ir,g the Pmperty and any Hvardous Substnnce or Er3kir�nmental law
<br /> aY'which Buttower has actual knowledge. If Borrower 7�ms, or is ri+�aified by '�ny governmtntal or regulatory authodty,th�t
<br /> any removal Nr'ather remediation of any Ha�nrdous Substance uffect��� che Property is rxcessary.Barrower shall promptly t�1co
<br /> ail necacsary'r�niediol actia�s in accordance with Environmental i.aw. • �
<br /> As usal in thispar�gt��h 20, "Hozardaus Substances" aro those substanc�.dr:Fned as toxic or hazardous substanoes by
<br /> Enviramxntal Law end ht e following substances: gatiolinc, kerosene, other fl�m�nnble or toxic petroleum products, toxic
<br /> pesticides and herbicide.c,volAtile solvents, m�terials containing asbestos or fom�ltlelude,and radioactive rru�terids. As u.ged in
<br /> this paragraph '20, "Envic�onmental I.aw" means foderal laws and laws of the jurisdic:tion where the Property is locatod th�t
<br />_ relrte io hr:Jti�,safcly ur envirunmcntal prc�tection.
<br />- NON-UNIFORM COVENANTS.Borrower and l.cnder further covenant and agooe as follows:
<br />- , Zl.Araleratbo;Remediea.Lend�r�11�ive notia to Born�wer prlor to�cceleratbn tolbwioa Bonm�rer'a brach
<br />- •o;i•awy ooveu�nt or agreement in this Security Instrvment (but not prior to occderAtlon un�kr p�r�grapb, 17 rmleae
<br />' a���IdcaMe law pnuvWea otherwise). 'i'he ratice shall Fp�ee{fy: (a)the defiult;(h)the action r+equired to cure tbe defiwlh,
<br />; (�)� d�te, not kas th�n 30 d�ys [rom ti�e date the notice is given to Borrower,by whkh the def�ult mueR be cured;uW
<br /> (d)Itluit failprc to cure tlie delault on or beforc tbe d�te epecitlec3�ia the r�otke may r�ault in �oodp�tion o[tbe �
<br /> aecttred by'tt�iis Security Ir►strument and sale of the Property. The.motice shdl further intorm Bort»wec ot the r[�t to
<br /> ' re�a�tate,utt�:r.socderntbn and the rlght to bring A court act�Insi�ta avxrt tlre aon�exlstd�oe ot�ddattlrt� sny dher
<br />'_3 ' x�itense b�'Butnower to aocelerallon And s�le. If the detAUlt is not cured'o�i'ar�efore the date specifitidl,!�n the ooflce,
<br /> ,{ Jt�enticr,,at.tts optbn, may rcquirc irome�diate poyment tn full of pll sums 6ec�u�r�a by th� securtcy imernlne,n wi�bouc
<br /> v tlu�jht�r d�m�i�d and m�y Invoke the power ot s�le�nd�ny otl►er remedies perm�tfed by a�p�flk�bk Irw. Ixndp�eh�U be
<br /> � dMltkd'l�.c��tlect s�0 expenses incurred iri;pprsuing the semedies ptovlded(n this pprrgra���iT„'i�kludlaR, but not limfted
<br /> tn;`�onab%e attorneys'lees and costs�u+F�litle evidence.
<br /> � � � It the power o[sale is invoked, Tn►stee shall recortl � notkc u[default in e�ch county in wf�kh�.s�my put ot tA�e
<br /> s A"roperty is bcated�nd shall mail rnpies ot such notice in the manner prescdbed by appiksbk law to�n7+ower aod ta
<br /> the other petsorn pr+e�cribed by a�plicable law.AtfK ct�l��timereq uired by�►ppHcable IAw,Trustee shall glve public�otke
<br /> � of sale to the persons and tn the manner prGSCdbed by'appltaible 1y�w. Tnuiee, without demand on�orrower,sbdl6d) ,
<br /> the Proprrty at publk auction to the highest bidder at the time:�li+r!piace and under the terms desiqrwted tn the notWe ot
<br /> sale in one a,r more percds And in Any o�rder Tnistee determincs. 7lrustee nwv�OStpone sate of QII or an�y p�rcd ot the
<br /> � Proprrty by publk announcenxnt at the time and pl,ue oi any previouslp scb►e�uled�le. Lmder or its desig�ee nw}
<br /> {�urchs�se tf�e Property at a(�y sale. ,
<br /> ` ,
<br /> Fornt 3G2t !,`30
<br /> Page 6 of 6
<br /> i
<br /> i � '
<br />
|