|
. ��..__.. _.. . S�---'--—��.-.
<br /> ' 1 .i. ' . ., . i..._._ _._..._..d_.�..:n��..i-�.:._..'_"'
<br /> � ' �i��__..._....._"_'_"..'_' ____"'__..�.:v.. -- �.��_u.r""'__.
<br />.__. __..... . . .. . ......
<br /> 98— sc��'a's
<br /> , 17.TrarMter ot t6e PropcHy ar W�IkIWllntereKt In Borrowc��If all or uny part of the Property or any inter�t in it
<br /> 4x.nld nr�rnnsferrcd(or If a lxneflci�l interest In �C�rrowr.r Is sald or trun�ferral wxi Born�wer is not a natural perwm)withaut
<br /> I..erwlcr'� prior wrltien cnn.r•ent, I.e�xler msiy, ut its o�ti��n, requirC imnxdfute pnymcnt in luil of uii sur.is secunxi ny tni� --
<br />- Security In�trument.Huwevcr,thfs uptian tih�ll tK►:hc cxcrcl�ed hy Lcnder if cxercisc is pmh(bited by fcclen�l luw us nf tha aata
<br /> of thiti Sccurily I��suunicnt.
<br /> If L.axicr cxcrcisc:�tNiy option. I.crxfcr �hul! give Hcrrmwcr noUce i�f ucccicration.Thc ixiticc shall prnvidc u�xric�i nf��at
<br /> Ic�s thun 30 dyys from �he datc the ixitice is dcHvcr��1 ar iiiuilc�i within which fiorrowcr mutit pay ull sums sccur�;<I by �his
<br /> S��curity Instrunknt. If Bunowcr fuils tu pay lhcsC sumy prlor to thc cxpirution of this pericxl,[_c�xtcr muy invuG:�any rcmalios
<br /> pennin��f hy this Security Ins�run�ent withi�ut fuhhcr nnlfce or demu�xl an&�rrower.
<br /> lg. Nurmwer'p Rlaht tu Relm�t�le. If Burrowcr n�ce�s cenuin coixtitions, Bnrrawcr shull huvc tha rfE{ht tc� huvo
<br /> cnforcenxnt of this Security Instrunxnt discontinued at uny tinx prior to the curlier of: (u)5 days(or such athnr pC�icxl ns
<br /> upplicable I:�w nuiy s�x:cify f�tir rcfnslut�m�nt) btfore salc ot' thc Prapcny pursuant tn .�ny rxiwcr nP tialu contnincxl in thls
<br /> Securily Instrument;ur Ib>cniry of u JudgrrKnt enfurcing thls Securiry�nstrunknt.Thu�e con�itions ure that B�irmwer:(n)puys
<br /> l,etxJcr all sums which th��would bs due urxler this Security Instrwnent wx1 Qic Note as iF no xcelcrntion hutl arurmcl; (b1
<br /> cures uny default of any other covenants or �gr�en�ents; (c) puys ull exper+ses incurral in enfarcing this Securitp lnstnimt�nt,
<br /> irKludin�,uui�H�. li��i�.�d .a.i'i:dSiYiiii�`�.wt►GTfkyS�f�:,s: a�xi (d}takcs such actian as l..cr.:3er tr.a,r-.ason.hly rr.�a�n:t� a���am
<br /> tliat the licn of this 5ecurity lnstrument. l.c�xler's rights in the Fmperiy anci Borrower's obligation to pNy th�sums socurod by
<br /> thiF Security Instrument shull cantinue unchanged. Upun reinstatement by Borrower, �his Security Instnim�nt and tho
<br /> o6ligatiuns secured hereby shall remain fully effective us if n�uceclerution had occurrecl. However, �hic ripht ta t+einsi�to Fhull
<br /> �ot uppty in the cu�of�cce.leretinn uixicr p:uagraph l7.
<br /> l9. S�ie o[ Note;Chwnge of Lwn Servicer. Tha Note or a panial intcrest in thc Note(tngethcr ���ith ttds Securi�y
<br /> Instrwmnt)may !x:sold onc or more timcs without prior noticc to Borrower.A salc may result in n chan�a in.tlin entity(kn�wn
<br /> ns the"Loun Servicer')thut callects monthly paymer�ts due under the Note arxi this Security Instrument, Thrn;alr�m�}�bo ona
<br /> or more changcs Af thc Loan Servicer unrclated to a s:ile of thc Note.[f ther�is a changc of the L,o�n Srrvi��er�Borr�is�cr H�ill tx+
<br /> given written notice of the change in nccordance with paragn+ph 14 sbcrvo snd applicable law.The notice will�stntn thn nsum�und
<br /> address of thn new Loan Servicer and the ucidrcss to which pAyn�entA 5hould be mnda.The natice will�ulF+�i oont�in an��othcr
<br /> informatian required by npplicublo law.
<br /> yp, Haa�rtlous Substoncea, Borrower shall not cuuse or permit the presence, use. dispasal, stori�se, ar ralc�asv of�c►n}�
<br /> Hazardous Substances on or in the Property. BorroN'er shull nat do. nor allow anyonc clse to do, anyehins affcKtiing tt��
<br /> Property that is in violation af uny Environmental Law. The p�ec�cfing two sentences shall not apply to thn presas�oo.us�� or,
<br /> storage on the Property of small quantities of Hazudous Substances that an generally recogni:[od.ta•bta upprop�iat�to ix�rtnrJ
<br /> nesidential uses nnd to maintenance of tho Prdperty.
<br /> Borrower sh�ll prom}�tty give Lendar wriuen notice of any imestigution, claim, demand, I�wsuit�ar t�tit�nt s+ctIon by any
<br /> �• govecnmental or reguiato�};a�eney ur NrivaYe party involving tht Property and itny I-��zarcious Suhetsux�c+r�Fn�cvonmental Law
<br /> � af which Scuivwer has ar.t+�al knowlcdgc,If Horrawer learns.or is notifieci by any govcrnmenul or ragulntory authority, thet
<br /> any remov�l or�ther remediation of any Hazanious Substancc affectinII the Property is necessary,Sorrower shall promptly take
<br /> ' all nccessar�5,remedial actions in accordar�ce with Environnxntal I.aw.
<br /> As used 1n this paragraph 20. "Hazardous Substances" are thoso substnnces dcfinod as toxic or hazardous substances by
<br /> +Emironmental Law and the following substances: gasolir.e, kerosene, other flammable or toxic petroleum products, toxic
<br /> pesticides anct herbicides,volatiic solvems, maieri�l�cuuiniiiiiig u5iic5i0�ar F�m�ald:.h3dc, m'� s:."io::ti:�e m.sttrisls.As e�!in
<br /> this paragraph 20, "Environmental Law" axans foderal laws and luws of tha juriullction whca the Pmperty is located that
<br /> relate to health,safety or cnvinonmental protection,
<br /> NON-UNIFORM COVENANTS. Borrower and L.ender further covenant and agra as follows:
<br /> ,. . ...._..__...._........._,..ti........�.
<br /> Zl.AceelerAtlon;Remedies. Lender shYlt glve notke to tsorrowtr prior iu aats;ca�iN„���.���.���;wc■v�r. .+....++...
<br /> o[any coven�nt or �neanent In this Security Instrument (but not pdor to acater�tbn under {a�ragraph 17 unless
<br /> �pplkable law provfiies otberwtse).The natice shull specl[y: (o)the default;(b)the octbn requ(red to cure the def�ulh
<br /> (c) a date, not leee than 30 days trom the date the notice is given to Borrowe�r, by whtch t6e dehult ma�t ba cured;aad
<br /> (d) thwt fi�ilure to cure the detault on or be[ore tbe date speclfied in tAe noHce may result in aecekration of tlie sume
<br /> eecurtd by this Security Inslrument and srle ot the Property. The notia shall futther Inform Bt►�r�►wer ot the risht to
<br /> reinstate otter s�aelentiun and the rl;ht to bdn� a court Action to ossert tha non-exfatence of a detault or �ny otl�er
<br /> defense o[ Borr+owec to Acoeleratlon and sde.If the de[QUIt is not cured oa or before t6a dnte specitled in the notjce,
<br /> [,ender,at iU opNon,mAy requtre[nunedlAte pwyment in tull of all sums sorured by this Security Instsumcnt wfthout
<br /> furtber demand pnd may�nvoke thG power of sate nnd any other remedles pennitted by a�icable Ixw.L�ender slull be
<br /> entitled to cdlect dl expenses incumd In pursuing the romedles provlded(n th(s p�rwgri�tlf l,lnetuddng,but not limited
<br /> to,reasonabk attorneys' tees and costs of title evidence.
<br /> If t6e �o wer vi seA,e is inroked,Trustee slwll record a notice of defAUlt in each county In wWch any p�rt oi the
<br /> piroperty is bcated and siAl�moil coples of such notice(n the manner pre.4cribed by appllable law to�forrowtr u�d to
<br /> the other persoR+prPSCCi�bod b applic�ble law.Mter the ttme required by stpplicable law, Tn�stx shall give publk notke
<br /> ot sale to the pers�►ns�nd in t� mrnner prescdbed by applic�ble IAw. Tn�stee, without danand on Borrower,shall adl
<br /> the Prope�ty�t publk auctlon to the Mghest�idder At the time rnm place and under tMe tenus d�signated in the aotice o[
<br /> �ale iu one or morc prtYls ond in any order Trustee determirees. 'I'rustce may �ostpone salo of All or any p�ral at the
<br /> property by publk announcament at the time And place ot any �reviously �scheduled s��e.Lender or ita rksigna m�y
<br /> pure6sse the Property ak rny swle.
<br /> F�3oza.��90
<br /> Pep�6 01 B
<br />
|