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<br /> � , � 17.Transfer of tha Property or a Benefictal trterest in Borro�ver. if all or any part of the Property or € .
<br /> 4 ' any��terest m it rs sold or transferred (o*it a benefiaai interest m 8orrower is sold or Vansterted and BoROwer�s not a natural -
<br /> person) wrthout Lender's pnor written cortsent Lznder may at its opton. requve immediate payment in full of ali sums secured by
<br /> , th�s SecurAy InsWment However. this option shall �ot be exercased by Lender it exercise�s prohibdeC by tetleral Iaw as of ihe
<br /> date of this Security instrument •
<br /> � If Lender exetdses this option. Lender sh3ti give Borrower no�ce ai acceleratian. The not�ce shali prowde a Reriod of not� ; .
<br /> , less tfian 30 days irom the date the notice is deiivered or mailed wRh�n wh�ch Borrower must pay ail sums secured by this � .
<br /> �- Security Instrument. If Borrower faiis to pay t�gse sums pnor to the expi►ation of this period. Lender may invoke any remedies
<br /> ' permitted by this Securiey tr�sUument withous b2Rher notice or demand on Borrower.
<br /> , 18. BorrowePs Right to ReinsCate. if Bormwer meets certain condNOns. 8orrower shall have the right to have� �.
<br /> • entorcement of this Securiry InsUn�merR d9swntmued at any time pnor to the earlier oi: (a) 5 days (or such other period as
<br /> • appticable law may spea(y for reinstatement)betare sale of the Property pursuant to any power of sale contained in this Security ;,;�.`=.r�; �
<br /> InsirumenY, or(b) entry of a judgment enf4•dng this Securily Instrument Those condth'ons are that Botrower. (a)pays Lender e0 ;;'<:�.:�
<br /> sums which �hen wo�td Cs due under Uvs Security �nstrument and the Nate as 'rf r� a�:.eieratior. !�ad occurred: (b) cures anY �.�i • .
<br /> � `1.::.'�:c,l>:
<br /> de(autt ot any a:"er cc.a-�ar acueemertts� (c: Pays a:4 expenses incurred in err�:�ms:^:Y S�c;.-r�� insVument in�uding. but _j�.,_.,.s��'� �-
<br /> . �ot fimited to.reason2Lie-=:�x-�:s'fees: arrJ (d}takes s_c^ �ction as Lender r.:a4 -s2�n�h-e��*e!o ass�re'2a::he lien of ., , ,� ;:.
<br />:�:-; � � this Security insbument, �.,r�r"s rigtrts irt the P:aper"� a-� 5-�rower's obGgaUr t: �a� �:e s:,.-�s secured by this Securdy ;<<<F:,,,,.':�'r,.-.,n-:';;•.;
<br /> Instrument shaU continue unchanged. Up�e reinstatement by Borrower. this Sewrily tnstniment and the obiigations seaued
<br /> r.;,.�� + jri::
<br /> � . hereby shaii remain fulty eifective as'rf�o acaeleration had occutred. Howeuer. this right to reinstate shall noi apply in the rase �.� , . '�
<br /> ' , � ot acceleration under paragraph 17. ` � •
<br /> .. i 19. S81@ Of e10te; C118ftQ9 O� 1.0��1.gBNf��• The Note or a a partial interest in the Note (together with this
<br /> • • � Security Instrument)may be soid one or mcie Qtrns wiUsout prior ootice to Borrower•A sale may result in a change in the entity .°'
<br /> ' (known as the'Loan Servicer')that co!lects rrnnth'y payments due under the Note and this Security Instrument. There also may ��. . ;
<br /> ' be one or mo2 changes ot the Loan Servicer unrelated to a sale of the Note. If there is a cfiange of the Loan Servieer. .
<br /> ' Bortower will be given wrttten notece ot the change m accordance wdh paragraph 14 above and appticabte law- The noUee will � �
<br /> state the name and address ot the new Loan Servicer and the address to whicA payments should 6e made. The notice wdl also i .
<br /> � contain any uther �ntortnation required by app�icable taw
<br /> � 20. 0'laz8►dOUS Sub9t811Ree. eonovier shall nm cause or pemut the presence, use. disposal. storage. or release ot � _
<br /> any Marardous Substances on or u► lhe PraaeRy. Bortov�er shall not do nor altow anyone etse to do, an�thmg attectmg the
<br /> � .; Praperry that is in vwlation of any Enwonrr�sntai !aw- The precedmg two sentences shall not apply to the presence. use, or '. � , , _ ,
<br /> � starage on the Property of small quanNiss nt Mazardous Substances that are generally recognaed to be appropnate to normal --
<br /> res�dential uses and to maintenance ot the Proaerty. t .-�' '-
<br /> , Bortowet shall prompUy grve Lender writl.4n noUce ot any mvestigatioo. clartn. demand, lawsud or other action by any ` r�:_
<br /> govem m e n t a l o r r e g u t a t o ry a g e n c y o r p ri v a t e p a�'t Y in volvm g ths Pra p e r l y and an y Hazardous Substance or Environmental Law ot Q ,����`;'•.;
<br /> � � which Borrower has actual Imowtedge. tt Bonower leams, or is notrfied by any govemmeotal or regubtory authurity. that eny . ...�f,.::.
<br /> removal or other remediation of any HazarQol3 Substance afteeting Praperty is necessary. Bartower shall promptly take aIl � � .-i� -., ;;..;
<br /> . necessary remedial actians in accordance rrith ErcNo�mental Law. � •,. �; •,�,`��"
<br /> c�1.'
<br /> As used in this par-�graph 20. 'Hazardous 3u'astan�s" are those substances ddmed as toxic or dazardous substances by _;;;.. i•::f;:•:,: .
<br /> � Environmental law zr.0 t['e toflowing su5statv.'es: gasoline. kerosene_ otfier fa*rr.aa4le cr Loxiu petroteum products. toxic i�'. .,. :, :�. _;;
<br /> i _ .
<br /> qI pestleides and herbiaa�. volaUle solvents. materiats containing as6estos or fortnyCeY.}�e.and radioactive mate�als. As used m ;�.,:
<br /> :r,i;�:` parpgraph 20. 'Envirortsr;�tal Law' means tederal laws and laws of the junsdictart where the PmpeAy is located that relate to � ';
<br /> • � , heatth.safety or envirc:rrentat protection. '�:���
<br /> . .i�:,�4:•_
<br /> • - NON-UNIFORM CO�cNAMS.Bonov�er and L�der further covenant and ayee as Sollo�vs: � ',x,•;:.,
<br /> � 21. Acceteration; Remedtes. Lender shatl ghre natice to Borrmnrer p�ior to acceleeation , r� t?;
<br /> s I foQowB�g �onower's breaan of any covenant or acyre�e�or�3 in this Secu�ity Instrument (but not -' -;��� " -_-
<br /> ' prio�to accelera!€on under paragraph 17 uMess applicabfe law provt��s otherwise). The notice '_.�.: �;�.;'?T�:
<br /> �: � `,I shatl specNy: (a) CE�e detault; (b) the action required to cu�tloe defauQ� (c) a da4e, not less than - •�
<br /> r -�F-.. •
<br /> � • ';j 30 days fror� tha akGte the notice is give� to Bonower, by ��the default must be cured; and .
<br /> ,, , : ; .,f �,,.,;. � .
<br /> ��: ��'� � (d� that 4silur� t� ¢a�re the default an or before tha date s�es.o�'nsd tn th� no4ice may resutt in f,.;,;,� . � ..
<br /> �, � � �,',�.•',4`.;., acceteration of 4he sums s2�u�d by this Securlty Inst�ument aas�safe of.the Property.The notice `;:"..,'.. `:;';, -
<br /> shal! 4�a4her intom� Borrower of ths right to reinstate after aceeteratrmrn� �d the righ4 to brirtg a f..`� : ,:�;�;��,'
<br /> ,r' ,_:'� ,} � ;,��r.
<br /> eourt aetion to assert the non-existeee� of a detauit or ax�y other defense o! Borrower to ::�•,U,,;.;•�,'
<br />��4:,` � aaceteratlon aod sale. ff the default os erei cured on or bet'a�e the date specified in the notice. �� . '•;�'``•
<br /> Lendc�T at its option may require immediate pay�eRt ire tull of all sums secured by this Security .i',.� . ,�.;,;
<br /> • Ins34ru��nt withou4 turther demand and may i�vo�CO the power of sale and any other remedies �. . .
<br /> ' � �' pormi��d by applicable law. Lender shall be entitle�to coP�eet all expenses Incurred in pursuing �
<br /> ;�� •. i the remedtes provided in this paragraph 21, including, b�ct rtc.rt limited to, reasonable attorneys' .� - .
<br /> �,;;.: � , � ` tees and costs of titfe evidence. ;?
<br /> s. � If.4it� power of safe is invoked. Trustee sha0 reaord a csa��e o�f defautt in each coun4y in � • �
<br /> .,.
<br /> � � whieh any pa�4 af tha Progterty is located and shall mait cc�¢�as of such notice ln the manner
<br /> . prvsc�ibed by ap�ticable Iaw to Bor�ower and to the o4her �ersa�s preac�ibed by applicable law. ..:
<br /> �'f;, � . Af4er the Nme required by appUcai�le l�ruu, Trustee shall givo pc�b:ic notice of sate to the persons �.�
<br /> -:f ; and in the manner prescribed by app��ca�1e law. Trust�e, u+�i�'�.�rat demand on Borrower. shall sell ,
<br /> '' the Pro�sorty at publlc auction to the htghost bi�d�r at the ttr.:o and place a�d under 4ha terms f .
<br /> i;., dosign�t�d ln the notice o4 sate 1n onm or more paarsls and in any order Trustee determines. .
<br /> � Trustee may pos4pone saJe of all or any parcel of the Property by publtc announcoment at the �
<br /> � time and placo of any previously scheduted sale. Lendo► or its designee may purchase the
<br /> . Property at any sale.
<br />. • ' Upon recelp! of payment of the prlce bid. Trust�e shall deUver to the purchaser Yrustee's
<br /> deed conveying the Property.The recitals in tho Trustee's deed shall be prima facie evidence oi
<br /> � the trutb of the statements made therein. Trustee shafl apply the proceeds of the sale in the � .
<br /> . . ; tollowing order. (a) to all costs and �xpensea of exercising the pawer of sale. and the sale. �
<br /> ;: ' including the payment of the T�ustee's tees ac4ualfy incurred, not ta exceed three � :
<br /> % of the principal amount o4 the ;
<br />^���.`• rtote at the time of the declaration ot default, and reasonabte attorney's fees as permitted by Iaw;
<br />`_";�Y.�� � {Ioy t�atl sums secured by this Seourity Instrument: and (c) any excess to the person or persoros .
<br /> ,y��' legally eMitled to it. � , :
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