� :�.- --
<br /> _=�,.:: - .- -.
<br /> «
<br /> . - _ , � �- .
<br /> . . — . - .. - - . , , - � ' - - _. _. - ,.
<br /> ` + < �._L.-... , ,=:-. _ �- ;� -- ---�
<br /> � � � 17. T►anster o4 tho Propee4y or a �enoticlal Interest in Borrouver. It ei! or any part ot the Propc�y or � , ,t,�-. � •
<br /> Z any interest in R�s sotd or Orartsferted (or it a benefide!�nterest��8orrower is sotd or transfeRed and 8orrower�s not a naturai �
<br /> , person) without Lender's ptior written consent. Lender may.at As opUOn,requrre�mmediate paymeni m tu0 of a0 sums secured by � „
<br /> this Securiry tnstrument. Howerer.th�s optron shaU nat he exerased by lender A exerase�s proh�brted by f�erul tav�as of the � .
<br /> . � daie ot tfir Security Insteument � ` �
<br /> if Lend�exerases thts opUon. Lender shatl give Basrower noUce ot acceleraLon The notrce shall promde a penad ot not • _
<br /> ,� Iess tt�an 30 days from the date the notice is delnrered or mailatl rrRf�m wh�cA Borrower must pay all wmg secured by this �
<br /> Seaitity Instrument. If 8ortower taits to pay tfiese surns psior to the expuaLOn ot this perioC. Lender may mroke any remedies � •
<br /> pemiitted Dy tAis Securlty Instrument without lurther not9ce or demand art Bortower � .
<br /> � :� 18. Borrower's RigM to Reinstato. b Botiower meets ceRam condrtions. 8ortower shall have the nght to have � ; � �
<br /> entorcement of this Securdy tnstntment disconUnued at any Lme p�ior to the eartier o1 (a) 5 days (or such other penod es
<br /> , . j app6cable law may specxiy for reinstatement)before sat9 ot the P►opeRy pursuant to a�y power of sate contained in this Securiry �
<br /> � InsUumertk or(b) entry of a judgment enforcing this Security instrument. Those condRions are[hat Borrower (a)pays Lender all .
<br /> - � i sums which L1en wou10 be due under this Security inst�ume�t and the Nate as if no acceleration had occuned. (b)cures any ._ _.___ _ _
<br /> � detauft of arty otfier covenant or agreements: (c) pays aa expenses incuned m ento�dng th�s Security InsUument. mduding. but
<br /> t not Gmited to.reasonabte attomeys'tees: and(d)te1!es such action as Lender may reasonably req�+re to assure that the tien ot
<br /> � `i th�s Securily InSWment, Lender's rights in tfie Properiy and Bortowei s obligahon to pay the sums sewred by this Securily ,
<br /> � tnstrument shail continue unchanged Upan reinstatemEnt by Borrower. tnis Secunty Instrument and the obligations secured � . • .
<br /> ' f hereby shall remain fully eftecUve as d no acceteratwn had occurre0 However. th�s nght to re�nstate�hail not apply m the case
<br /> � � ot acceleration under paragraph 17. �
<br /> ` S t9. SalO Of NOt�; Change af Loan Servicer. The Note or e a paRiai inieres! m the Nate (together with this ,
<br /> � Security Instrumentj may be sold one or more times without prior notice to Bortower.A sale may resuit in a change in tfie entity •
<br /> i (known as the'Loan Servicer')that cotlects morrihPj payments due under the t�lote and this Security Instrument There aiso may , , --
<br /> ' '' � be one or more changes of the Loan Servicer unr�ated to a sate of the Note. If there is a change of the Loan Servicer. � :y'i` �,'
<br /> Borrower mnll be given written notice ot the change in ac..ardance with paragraph 14 above and appficabie taw. The notice wiU k � _ -
<br /> , � state the name and address ot the new Loan Servicer and the address to which payments should be made. The natice w7i also � .
<br /> � .. . � contain any other c�fas�reation required bY aPPGcable law. `" '�'`�� �
<br /> ` � :; : 20. Haza�mus$tibStBnCeS. Bortower sha:.'not cause cr permit the presence. use. disposal. storage. or retease of �� ��y,�u' :
<br /> � • � •• any Ff�zairdous Strbs�.ces on or in the Proyety. Bartower sfiall not do. ner allow anyone e�se to do. anythmg aftecting the <,'�' 'i�1,. .
<br /> ;;;:)r, �. ,;
<br /> • ' Prop�;that is in v�olation of a.�u �<i:��:�e'L�! �,v. The prex�sg two serttences shall not eP�ly to the presence. use. cr � ,,; ,,�,,�.�4-
<br /> " � ,.:�>:;�."�` �craga��the Property of sma�QuY"t�~,=s et t�a�'daus Su4ss'�-�s that are generally recognized to be�prepriate to Rcm� '"�:�p..�` r�
<br /> � '-f'•l3�'°:
<br /> ',.;}.,A;. '< <.,,I.t1Y...'."___
<br /> ���s;� res��ar.3a4 uses and to maintenar.az a;.he Prope:?}�. t .;s,.��t.' '�
<br /> � ' `••� • 3�rtower shall promDlly give L_r,C� w�st:� na4� at �.4 r+estigation. claim. Qemand lawsuit or oth� aclion by a:+y � ' `' �<<t�::i.-.,�
<br /> - � °• g�v=.rn:nenta!or regulntory agertc�ar is%�e PG."ry e�►ot%:zS tha?:t�ertY a�d any htazardous Substance or Environmental 4a�r of �•` � •� ;;t�.�� �
<br /> ;t .:�,!vur}�,'�"`=� .
<br /> t :, wh:cn Bsaewe► has aclual Imox'zaga :f Bormwar lesms. cr es r.ciified by any {�ovemmenial ot regulatory authorily. that a�y � , ,,�,r�jlfi���r �
<br /> ' ••i '� o2mocai o► other remediation of a^�► Iiazardous Substance atfeurq Property is necessary, BoROwer shall promplly take a°1 �-� � r ,L s ,
<br /> � • necessary remedial actions in accordance with EnvironmenffiI Law. f •
<br /> -- ` _ . As used In this paragraph 20. 'Hazardous Substances'are those substances deftned as toxlc or hatardous substances by ��� •'
<br /> . Environmental Law and the foltowfig substances� gasolme. kerosene. other flammable or toxYc petroteum products. toxio , �
<br /> - pesticides and herbiades.volaUte solvents,matedals contafning asbestos or formaldehyde.and►adioacGve materials. As�ssed ln • . .
<br /> paragraph 20. 'Environmeatal Law" means tederal taws and laws of the judsdicGon where the P►operly is located that refate to
<br /> ; health, satety or environmental protection. . : , _ '_ "
<br /> .:\;
<br /> . . . _ ,/�.':J
<br /> ' NON-UNIPORM COVENANTS. Bortower and Lender turther covenant and agree as fo0ows. , " ;•r.r:�`
<br /> :'. �: `• �
<br /> �, . � 21. Acceleration; Remedies. Lender shatl g(ve natlae to 8or►owe� prior to acceleratlon ,- � � - ; �__''�
<br /> foftowtng BoROwer's breach o4r any cavenant or agreement in thts Securtty Instrument (but not .. ' �'` �
<br /> `,,; � � prlor to acceteration under paPagraph 17 untess appUcabte law provldes otherwlse). The notice � .,�;
<br /> , ' . shali specify: (a) the defauN; (b)the aation required to cure the default; (c) a date. not less than %'�'`�=f-
<br /> ' �� 30 days trom tho date the notice ia ghren 4o Boerower. by whtch the defautt must be cured; and . .�� ; ;"���•'��
<br />' (d) that iaituee to cure the defautt on or betore the date specffied In the notice may resui4 tn ••�
<br /> �•i � � acceferatton of the sums secur�d by this Securtty Instrument and sale of the Pro��rty. The notice • .
<br /> �` ' , • shall turther i�orm Borrower o4 the rcg4rt to reinstate after accele�allon and the righ4 to bring a � . -
<br /> � ' co�no$ action to assert the non-existoace of a detaul! or any other detense ot Borrowar to � _
<br /> 0
<br /> ' ' ' acce�eratdon artd sale. If the defautt is nmt c�vc-d an or betore 4he date specifled in the notice. . �
<br /> , I.+en�er at its��on may requiro immed'cate paymont in full of atl sums secured by this Security = � ��'��-
<br /> • Inst�ment w3�a� fuIll�er demand ared may invoke the powe� of sal� and any ather remedies �
<br /> peaa�itted by ayx�7irabte G^m� Rsnder shatl (oe e��tted to collect all expenses incurred in pursuing ":���� `�':~;�
<br /> ;;:i;: <�. :;;�
<br /> � the remedies provided u� tgtis paragrd�ph 21� irn�tuding, but not limfted to, reasonable a4torney5' . �:�;';: _': �•
<br /> � � 4eea and cos4s�S tttte evi¢lanae. ..' � •
<br /> � {f the pov,c�� oi sale is invoked. T�ustee shall record a nottce of defautt in each couMy in
<br /> .'' � which any pa�4 of the Proper4y ie Iccated and shall mail coptes W sush nolice in the manner .
<br /> ��z. , : pros�ribed by appUcable law to BorPawer and tm tfie other persans prescribed by applicabtv t�.
<br /> �4 � Ai4ev the time required by app!lca6le law, Tnssf�a shall give public notice o4 sale to the pers�� -
<br /> `; and in the manner prescAbsd by appllcable law.Trustee. without demand on Borrower, shall sell
<br /> ,.`.' .� the Property at public auctlon to the highest bidder at the ttme and ptace and under the terms ._
<br /> designated 1n the nottce of sale In one or more parcets and in any order Trustee determtnea
<br /> : '�� . . Trustee may postpone sate of all or a�y parcel at the Prope�ty by pubUc �nnouncement at the
<br /> 4ime and place af any previously scheduted sate. Lender or its deslgnee may purchase the •
<br /> • Property at any sate. • �
<br /> Upon �ecelpt ot payment of the prlce bid, Trustee ahall deliver to 4he purchaser Trustee's
<br /> deed conveying the Property. The racitats in the Trus4eo's deed shall ba prima tacte evldence of
<br /> � the Vuth of the statements made therein. Yrustee shatl apply the proceeds of the sale In the ,
<br /> . � following order. (a) to all costs and expenses of exercising the power of sate. and the eate. .
<br /> . inctuding the paymont a�tite Trustee's 4ees actualty incurred, no!to euceed three
<br /> • % of the principal amount ot the �
<br />. -•;;�' rtmSca at the �:sxa ot tha d�.='aQa4iun tsf default. arnd reasonabl� attorney's 4ees as permi4ted tsy law; .
<br /> � ' �Cnti �a7 ssocv�� sec�are� � ttti�Security Ins4ru�oM: and (c) any excess to the person or persons '.
<br /> Cov,}-sC�ecetitCC�to it. '' �`'''' •• .
<br /> .,;, -,:` . ►,�
<br /> :,;, . . . ' •
<br />�� � � . . F1375 LMG(�Nn �a�•�i ,f 5 ��' �G—
<br /> ' 97066 '
<br /> t •.
<br /> �'i . � . -
<br /> . . .. . . . . ,��. �rac
<br /> , ,
<br /> " ' ..-.-�: - —---
<br /> .�,, — --- .__. , vr �-- --
<br /> .
<br />. . . . _ . . . t��..• _ m5-..r-rt,. _�-�,— . . . x�.� .�__ .�--�c--�- s
<br />
|