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<br /> � . � l6.Bonower s Copy.Barrower sha11 be given oae conformed wpy of the tiote and�ffhis Secnritp Instcument. � ' "
<br /> IT.Transfer of the Property or a Hencficial Iaterest in Bonower. If atl ur any part of the Pcopecty or any
<br /> i�terest in it is sold or transfetred(or it a beneficial intecest in Borrower is sold or transferred attd Borrower is not a � ,
<br /> natural person)without Lender's prior written coasent,Lender may.at its option.require immediate payment in full of , �
<br /> • � all sums secvred by this Security Instrumen�Hoaever, this option shall aot be exercised by Lender if exercise is • .
<br /> prohibited by federal law as of the date of thia Sec�mty Instrument. , �
<br /> �' If Lender exercises this option.Lender shatl give Borrowec notice of acceleration.The notice shall provide a period • �
<br /> of not less than 30 days from the date the notice is delivered or mailed within which Borrowec meut pay all sums sECUred •
<br /> `r bp this Secwity Instrument If Borrower fails to pay these sums ptior w the espiration of this period,Ixnder may invoke
<br /> any remedies permitted by this Security Instrument without further notice or dcmand on Borrower. :
<br /> � � 18.Borrower's Right to Reinstate.If Borrower mats cercain conditions,Borrower shall have the right to have , .
<br /> enforcement of this Securitq Instrument discontinued at aay time prior to the earlier of:(a)5 days(or such other period
<br /> � as a plicable Iaw may spec�fy for reinstatement)before sales o��the Property ursnant to anypo wec of sale contaiaed in � .
<br /> ' ' this Security Instrument;or (b) entry of a judgment enforci�g this Securpty Is�strumeat.'Ihose conditians are that ; �
<br /> < Borrower: (a) pays I.endet all sums wluch then would be dt�undes'this Secunty Instrumeat and the Note as if no .
<br /> � acceleration had occ�rred;(b)cures any default of aay other cavenants or agreements;(c)paps all eapenses iacurted in �-
<br /> enforcing t}us Securitp Instrument,including,�ut aot limited to,rea�r.�ble attomeqs'fee�;and(dj takes such action as ' ? �'
<br /> Lender may reasonably require to assure that the lien of t6is Se�.-uritq Instrument,Lender's rights in the Property and � . >;�•?;�f" ���: .
<br /> Borrower's obligatioa to pay t6ie sums secured by this Se�uity tnstr�ment shaU continue unchanged.Upon reinstatement ` . :`i�s�>:'�:'�::
<br /> . . by Borrower,thisSecurity Instn;mentsad the obligations�.-ure�hereby shall remain fuUy effective as if no acceleration ; ;;,y�r�..f:f._
<br />- - had accuned.However,this right to reinstate shall not app]F in the case of acceleration uader paragrapb 17.
<br /> , 19.Sale of Note;Change of Loan Servicer.The?�ote or a partial interest in the Note(together with this Security �' � _
<br /> . ,. � Instrnment)may be sold one or saare times without priar notice to Bortower.A sale maq result in a cAange in the entity E
<br />':.; � � (kriown as the"Loan Servicer"1 that collects mont}ily paymenta due under the Note and this Security Instrument.Thece � � �
<br /> _ ��-`: � atso may be one or more changes of the Losn Servicer urs°.�aied to a sale of the N��.If there is a cbange of the Loan �
<br /> - , . . , 'y' � Servicer.Bornower will be give*_s.�critten nouce o#the cha..�in accordance with parsgraph 14 above and appticable law. ; . �,_.��-
<br /> s 1'he notice will atate the name�address of the new Loa�5ervicer and the address to wtuch payments should be made. i ,•;...
<br />��� r The notice will also contain ang oWSer informatioa required by applicable law. r ..
<br /> - � 20.Hazardous Sobsta��es.Borrower shall not cause or �t the pre.sence,use,disposal,starage,or release of � ` ��.:�`�:
<br /> "� � anp Hazardous Substances on cr_ ia the Propercy.Honower shal not do,nor allow anyone else to do,anything affecting F. • <:=,:=
<br /> - the Property that is in violatio��f any Environmental Law.The preceding two sentences shall aot apply to the presence, -� f�--
<br /> ::.�',y:
<br /> . use, or storage on the Pro :�J of small quantities of I-iazardous Substances that are generallq recognized to be �_ .f,,. �
<br /> , • approp riate to noris:al residenual uses and to maintenance af the Property. ` ;,'.'�,. •°`
<br />`�, � HOrrower shali r�sromptly give Lender acitten nodce of any invespsgation,claim.demand,lac�su�t or other action by ;:� ,.;f
<br /> any governmentat o� regulatory agencp or �ivate party involvisg the Property and any �IIazardous Substance or ' � � .
<br /> �F'• ��•�-:;
<br /> � . Environmental Law of which Bdnower ha�a^tual knowledge.If Bor:owsr learns.or�s notified lsp any governmental or �«�::,�::t •
<br /> ha�
<br /> - .!�:J���YI:..."..
<br /> regulatary authority, that an� removal or other remediation of any Hazatdous Substance aftecting the Property is .. s:,�,�,,,.,..
<br /> :� � zt'r��,,..
<br /> ' , .� nece�ary,Borrower shall proxnptl�taite all necessary remedial actions in accordance with Environmental Law. •.,;�,.,. :�;•
<br />`'•' . As used�n this paragaph Z 0. Hazardous Substances"are those substances defined as tosic or hazardovs substances ' -
<br /> by Environmentai i,aw and the following substaaces:gasoline,kerosene,other flammabte or tosic petrolevm praducts, �,�.�y,
<br /> ''� ' _ tosic �esticides and herbicides. volatile solvents, materials contain�ng asbestos or formaldehyda, and radioactive _ • ,._:F
<br /> matenals.As used in this paragraph 20."Environmental Law" means federal laws and laws of the jurisdiction where the �, %``--� �-.=�;:_
<br /> -�. . Ptoperty is located that relats w health,safetp or environsnental protection. �
<br /> ' ' � NON-UNIFO1tM COVENANTS.Borrower and Lendet further covenant and agree as follow� ;,. ..
<br /> "�? . 2t. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceteretion followiag �" . • �
<br /> �; Borrower's brea�Jh oi any covenant or agreement ia tbis Secnri�� Inetrumeut(but aoE prior to acceleretion � � '
<br />,�.�� � under paragra�h b�nnless appliceble law provides otherwise).T�notice shall specify:(a)the deisult;(b)the �
<br /> action requ�re�ta cure the defauit; (c) a date. not less 46on 3Q days trom the date tLe naticc ia given to ,.,
<br />--%`'. ' Borra�ver,by s�Esicb the det�IIt must be cured;and i�1�tbat failure tocure the default oa or boiore the date �. .�f���;'�i;;;�,,�'`•'•�'
<br /> spe�fi¢d in ttte notice ma�sesrslt in acceleratioa o�a�hE snms secosed by thia 5ecarit�Iastromeat and st�le of f �� ��"ft-��;;, .•� �
<br /> , tl�e Prope�ty.�'6�e notice ahaPl further inform Hosro�er oi the right to reiastate aiter acceleratioa and the � �-�����'.a.�� �
<br /> `,�.� ' right to briag a xourt sction to assert tha non�xisEence o�a 3:Jault or any other defense of Horrower to i ' �•
<br /> �. • acceleration anc�sate.I!the default is nmy cured oa or befors II�e date specified in the notice.Leader,at ita .�;..
<br /> '� • option. may require immediate payment ia fuli�S a!!sums secured by this Security lnstromeat withont ;�;;�;�' �`' �
<br /> ` turt�eer demond aad may iavoke the power of sa4�and any other remedies permitted by applicsble law. :.;;.;�i"��. :';��
<br /> , Lea�ahall be entitled to callect all expenses incarred in pursuing the remedies provided�n th�s paragraph ':���;'•.� .,
<br /> . ' 2j.iucl�diag,!��aot limited to,reasonable attorneys'fees and costs of titte evideace. ��'���`;`4%.` ,
<br /> '{�'';..�,.� ' . It the po�es o�sale is invoked.Tru�ire shall record e aotice of deft►ult ia eacL county in which any part of . ��� '��"•
<br /> °;i' . .•f.: •� - : the Property is Gacated aad ahall mail capies of auch notice in the manner�rescribed b y appltceble law to .�•zi",. .
<br /> Borcasver and to the other persona prescr�bedby ag�pliceble taw. After thet�me require d by applicable lew, �;,t.:zi,
<br /> ''� ' Trnste�sLaU give pnblic notice of sale to the pers�m�and in the maaner pres�ibEd by applicable law.Trustee. ` . � � '�'
<br /> � t• ` wit�cu3 demaad oa Horrower,shall sell the Pro��y at pahlic suctioa to 2rs�sghest bidder at the time aad • . '
<br /> i}� '� . pluce and undea she tesms desigaated in the natise o!sale in oae os more parcela aa�ia aay order Truatee � '
<br /> �•.�'� determiaes. Ts�stse may postpone sala of all ar a�y parcel 03 t�e Property by pub�:��ecaouncernent at the !,;,..
<br /> =�4 time and pFuce aff any previously scheda�ted sale. H,�mder or i3s designee ircay pur�hase tae Pto�scrty at any �. . �
<br /> 'l � sale.
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