|
��.�.. .� .
<br /> :,.. . .... . _ _�...._.�.
<br /> ,�•
<br /> i�N��. .1.U:, . ".�.__'
<br /> ... . . .... -.r.+r.�.... . .._____ . . .
<br /> _ _. --.._..._-__.._-___-_.._..
<br /> 1ilL'� _ _ ________._��_� � .ul.�.. r.. -
<br /> 98��`�t�ss2�
<br /> 17.Tramter af the Properiy or�Benetkl�l Interest in Bon�ower.!f all or uny pen of the Propcny or Any intercst In it
<br /> is xold or trrnyfernd(or iF w hcnsticial M�erest in is�irrower is sc�id or transfcrrul u�xl S.xra�r•�r is nr�t a naturut pt��a}tifthzut
<br /> I.encior's prii�r written con�ent, 1.cnJer nu►y, at its optiun, r��yuir� immediutc puymcnt in fuU of �II sums xccurcd hy thiK
<br /> Serurity instrument, However, thf,option shull not t►e exercis�xf by l.�nder if oxerc�u is prc►hihited by fateral law as of thc data
<br /> of'this Security 1nFtromtnl.
<br /> If i..eixler ex�rrisrx�his op�l�n, L.ender shull give Horrower notice of uceeleration. The notice shall provide a perlal of not
<br /> less thun 30 dAyr fmm the date the nutice is delivered or nwiled within which Barrower must pay ull sums securat hy this
<br /> �tiurity Instrunxnt. If&►rrower fuily to pay thesc sums pric,r to the expiration nf this perial,I.erKlcr may invuke nrny rcnxdics
<br /> pemiitted by thls Secu�ity lnstrument witha�t further rxKice or dentand on Bcirrower.
<br /> 18. &►tmwer'+ Rl�ht to RdnKtNle. IF &►rrower mats ccrtuin condltians, Borrower shall huve thc right to have
<br /> enfurcen�eoi o�this Srv:urity imlruuxnt dlM;anti��ucd at any dmc prlor to thc carlier of: (n) S dnys (or tiuch o�her period us
<br /> applicable law may tipecify for rcinstetemenl)bcfore ss�le of the Propeny pursuant to sny power of wle contuitbcl in this
<br /> Security Instrument;ar(b)entry of a judgment enforcing thie�Sa:urity instrument. Those corxfitions are thut fi�rrower:(a)pays
<br /> l..onder all sums which �hen would be due uncior thls Security Instrument;uxl the Note as if no uccele�ution I�ad necurrod; (b)
<br /> cuns uny default of any other covenHnts or Agrcements; (c) pays all expenses incurred in enforcing thiti Security Instrument,
<br /> including, but nnt limital ta, masonable attorneys' fees; ancl(d) takes such action as Lender may reasoru�bly require t��assure
<br /> th�t the lien of this Security Instniment. l.crxler's rlghts in the Pmpeny ancl Borrower's obligation to pay the sums secural by
<br /> this Security Insttument shall continuc unchanged. Upot► rcinstntem.nt by Borrower, this Secunty Instrument and the
<br /> obligMtions securcd hercby Fhall rcmxin fully effective as if no acceleration hnd occurred.However, this right to reinstete shall
<br /> noi apply in the case of ecaleration under par•rgraph 17.
<br /> 19. Sple ut Nate; Clwnge ot I.t►xn Servicer. Thc Note ar a partial interest in the Note (togcther with this Securlty
<br /> Instrument)may be sold onc or morc times withaut prior noticc to Bottower. A sulc may result in a change in the entity(known
<br /> ns thr."Loan Servicer")that collxts monthly payments due under the Notc and this Security Instnim�nt.There also may bc ono
<br /> or mare changes of thc Loan Servicer unrclatcd to a sal�of tha Notc.If there is a change of thc Loan Scrvicer,Borrow�r wlll bc
<br /> givrn written mtice of the change in accordance with paragraph 14 above anci applicable law.The notice will state the name end
<br /> address of the new l.oan Servicer and the uddress tu which puy�nents shoutd bc ma�le.The notice will also contaln any other
<br /> infnrn�ation roquired by applicablc Iaw.
<br /> 2p. lla�rdous Substance�. Horrower shall nat cause or permit the presena, use, disposal. srorAge, ar relc�se of any
<br /> Hazardous Substanas on or in the Property. Borrower shull not dn, nor allow anyone else to do, anything affeccing the
<br /> Property that is in violation of any Environmentsl Law. The prccaling two sentences shall not appty to the prcsence. use. or
<br /> storage on the Pnoperty of small quantities of Haznrdous Substances that ane genar.�lly recogniud to be appropriate to tam�al
<br /> residential uses and to maintenance�f the Property.
<br /> Bcrrawcr:;hall promptly give Len<!er written notice of any invcatigation, cl:ilm, demancl, lawsuit or other action by any
<br /> govemmrntai ar regulatory agency or privatc perty involving the Property and any Hazerdous Substance or Environmtntal Law
<br /> of which BorrowYr has actual knowledga[f Borrower learns,or is nc►tified by any governmental or regulatory authority, that
<br /> any removal ar other remodiation of any Fla•rardous Substana affecting the Property is necessary,Borrower shall promptly take
<br /> all noassery romedial actions in eccordance with Environmental�.aw.
<br /> As used in this paraga+ph 20, "Hazar�dous Substanoes" are those substances defined as toxic or hazardous substances by
<br /> F.nWironmentAl l.aw arW ti�e totiowing subs[wices: gasoiine, icc�o�ci�c, otiiar :Iar...ablc or toxic �troleum g�!ucts. to*4c
<br /> pesticides and herbicidrs,!'otatile solvents,materiels containing usbestas or fortnaldehyde,and radioactive materials.As usal in
<br /> this paragraph 20, 'Envitatunental I.aw" means falernl laws and laws of the jurisdiction where the PropeKy is locatad thu
<br /> relate to health,safety o�en�xronmental prota.tion. .. .�._ti...L.._,. ....a.. ..�n...,....
<br /> IYVI`I—VI`Il!'VKr'1 I.VMGIVHIVlJ. UVIIUWG� YlW u:IN��.\ �Y�NIYa w:�ii ....p""� ............ '
<br /> 21.Aade�tian;Rewedies.Lendn'slwll glve notia to Borrower prior to accdention fdlovring lbrrowa's Mr.�►cl�
<br /> o[�v cove�apt•or agreament (n this Security Instrument (but not p�ior �t�e sivcdention under paragraph 17 uW�s • �
<br /> appiK�abie I�w y�uvWes otha�wise).The notke slwll specifj: (q the defAUlt; Qb)the edbn rsquired to cure the defpdit;''
<br /> (c)a d�te,�Rek 1Fess thAn 30 days[rom tbe date the notke Is given to Barrowec,by whkh the det�ult must be cured;�nd '
<br /> (i) thRt fail�me So cure tl�e detault on or be[ore the date specttkd in the notice m�y rault le aooeltrstion o[tLe suions
<br /> �ec4red by.�this Security Instirumeat xnd snle ot the Property. The n�►tice shAll further inform Borrowet of the ri=ht to
<br /> x�q�te�t�tr ykcderation and tMe right to bring x court actton to�.�sert the non�exiatence of a detault or any otba'
<br /> �lefenx o��i�rower to�ccda�tion and sale. I[the default is�wt cursd on or before the d�te speciRed!ni the notke,
<br /> I.ender, at it's�option, may reyu[re immedl�te p�yment in[ull ot�Il sunu sernred by this SCCUrity Imtnunent t
<br /> turtber demaa�dl#nd m�y invoke the power o[sak and nny othec rcmcdies pern�itted by applkable I�w.1.aider xla�
<br /> eatlded to cdlect aU expen9es incurred ia pursuing the rnnedies pno�•�kd In this p�ragnhh 21,Including,but not Itntitod '
<br /> to,�onabk atturneys'fees and costs of titk eviden��e. `�
<br /> It thepower ot s�le Is invoked, Tntstet sl�ll record a notice of det�ult in ach county la whkh �ay part ot�tlie
<br /> propMy is Ixwted and shdl mall copies ot such notice in the m�nner presccibed by appliabk law to Bonnwer and to
<br /> the other perso��s p�cdbed by applicable law.Afiter Iha time required by epplicabk IAw,Tn�stee shall give publk natice
<br /> of sak to t6e f�rersons and in the nunner pnscrlbed by npplicable lxw. Trustee, wtthout demand on Borrower,af�!!:scllll'•
<br /> fMe Pro�erts,ntt•pubNc auctMn to the hiqhest bidder at the t{me aad pl�ce pnd uoder the terms desigeated in the notk�;n�'
<br /> sde in a�e or more parcels and in:ny ortkr Trusta dctermines.Tn�ta m�y postpone sak of�U or a�y.pml ot�the
<br /> Prope�ty by puDlk xanouncemmt at the tlme And place ot �ny previously scheduled sak. I.emkr or i!s deslgnee m�y
<br /> purcl�,e the Property�t any sale.
<br /> Form 302t 8/90
<br /> Pp�6 of 6
<br />
|