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<br /> ` IT.TrAnsfer nP the Propersy or a Rcneficial Interest in Horrnwee. lf al l or uny purt+if thc Pro�cny ar uny intcrest in it
<br />�¢��`�� iti���Id or trunstcrrcd(c�r if u lxneficial intcrc�t in H<�rmwcr is sold c�r transfcrred nnd liormwcr is not u natural persan)wiUiout
<br /> � t,ender'+ prior writtcn cons�:nt. Lcndcr may, at i�s opuon. rc4uire immediute paymcnt in full uf ull sums sccured by this
<br /> =�y Security Instrununt. Hi�wever,this opdon shull not be exercGsecl by L.ender if exercise is prohibited by fc�eral law as of the date
<br /> . `� .. uf Qii,Sccurity lnstrumcnt �--
<br />-��� If l,cndcr cxcrcises this optian. l.cndcr shull givc Einrrowcr noticc ol ucccic:naiun•Thc nuucc shal! rovidc a perioci of not
<br /> ----- Icss thun 3Q d:►ys from thc awc� fail.ti to��a�tiase sun�priorto thc c�xpieat on o�f�s�pc icxi��ul.cnvcr maySinvoke uny�rcmedics
<br />�°_;� Sc�urity Instrmr�ent. If Barn P Y
<br />-�� permiteed by this Sec�uity Instrument without further notice vrdemand on Borrower.
<br /> 18. Borrax�er s Rlght to Reinstate. IF 8orrower nxets certain conditions, Barrower shall havc the right to hu+e
<br /> �' enf�rcement oP this Security Instrument diu�ontinued at any time priar to the enrlier of: (a) 5 days (or such other period as
<br /> ,�",� �pP�i�uble �aw may specil� for relnstutenxnt) before sale of the Property pursuant to any pc2wer of sale contained in this
<br /> =`�''- Secur�ty Instn�rnent:or(b)entry of�►juJgmtnt enf'urcing thas Security instrument.Thase conditions are that Borrower:(a)pays
<br /> ,j;� i.ender a!I sums which then would be due under this Secur-ity�nstnilic�nt nscSthncurred n�enforcing�ttiis��Security Instrrniemenb� —
<br /> cures any default af any other covcnants ar ugrcements;(c)p y P� � • .
<br /> including, but not limited to,n:�sonabl� uttnrneys' fees;arzd(d) takes such action as Lendcr may reasonably require to assure
<br /> � that thc lien of this Sccuriry Instrument. Lcndcr's nghts m the Propcny und Borrower's obligation to pay the sums secured by
<br /> this Security Instrument shall continue unchanged. Up�n reinstutement by Borrowcr, this Security Instrument and the
<br /> --- obli@atians secured hereby shull remuin fully sffective as if no acceleration had occucrod. However,this right to reinstate stiall
<br /> �—� not apply in the case of acceleration under paragrnph 17• —
<br /> ''x� 19. Sale ot Note; Change o[ Loan Sen'icer. The Note or a partial interest in the Note (togeiher with this Securiry
<br /> -- Instrument)m3y be sold one or morc times without prior notice to Borrower.A sale may result in a change in the entity(known
<br /> =�'°�� as the'l;oan Servicer") thnt collects monthly payments due under the Note and this Secunty Instrument.Tt�ere atso may be one
<br /> or mure changcs of the Loun Scrvicer unrelatc�to a sale of the Note. If there is n change of the Loan Servicer,Borrower will be
<br /> -='�*� given written notice of thc change in accordancc with para6raPh 14 abovc and applicable law.The notice«•ill state the name and
<br /> address of the new Loan Servicer and the address to which payments sliould be made. The notice will a1�o contain any other
<br /> =-�� information required by applicublc law.
<br /> 20. Hozardous Substances.Borrower shull not cause or permit the pmsence, use, disposal, stora€e, or release of any
<br /> Hazardous Substances on or in the Propeny. &�rrower shall not do, nor allow anyone else to do,anything affecting the
<br /> property that is in violatinn of any Environmentul Law•Thc preccding two sentences shall not apply ia the presence, use,or
<br /> "°—s stornge on the Property of small quantities of Harardous Substances that arc generally re4:ognized to be appropriate to normal
<br />- -� residential uses a��d to msintenance of the Property.
<br /> - t3orrower sh:sii pru���Ntiy bi�� Lcndc� ��f=tS�=n 1?�ttCP �f any investi�ation, ctaim, demand, luwsuit or other uctlon by nny
<br /> governmental or rcgulatory agency or private paRy involving thc Property and anY Hazardous substana or Environr►�utat L'au%
<br /> of which Borrower has actual knawledge. If Borrower Iearns, or is notitied by any governmental or regulatory authority. that
<br /> any removal or other reazediation of any Hazardous Substance affecting the Property is necessary.Borra�'e�shall promptly take
<br /> — a1►necessary remedial actions in accordance with Environ�ental l.aw.
<br /> As u�ed in this paragraph 20, "Hazardous Subsu+nces'are ihose substances defined as toxic or hazardous substances by
<br /> Environmenta! Law and the following substances: gasol ine, kerosene, other flammable or toxic peh'aleum Products, toxic
<br /> pesticides and herbicides,volatile solvents, materi�ls containing asbestos or formaldehyde,and radioacnve matenals.As used in
<br /> this paragr�ph 20. 'Environmental Iaw" means federal lawx ancl luws of the jurisdiction where the Pct►percy is located that
<br /> relate to health,safery or em�ironmental protection.
<br /> NON-UNIFORM COVBNANTS. Horrower and I.ender further covenant and agrec as follows:
<br /> -- — 21. Acceleration;Remedics. Lender shAU give notf ce to B�rrower prior to accelersidon tollowing Borrower's brench
<br /> --_=- of xny coreraant or agrecment In this Securlty Ins!rument (but nut prior t�b��he ac ion required o e reptMe default;
<br /> applic�ble IAw prov3c�es otherwlse).The notice sha�l speclfy: (u)the default;
<br /> (c)a date,not less than 30 days from the dute the swtice Is given to Borre,wer,6y whict�the defAalt must be cured;ond
<br /> (d) tfwt [pllure to cure t6e default on or before the dste Spa�The natke siw I further�infortn Bo r,o etr of�the ght to
<br /> �urecl by thls Secmrity Instrument and sale of the Propn'ty.
<br /> reiretAte aRer�ccderatlon and t6e rlght to bring o canrt aciion to essert the non-existena of a det�ult or any olher
<br /> defense ot Borrower to s�ccdenire tmmediate �yment n!up of all ms securedrby t is Secur�I[iutnrmrnt without
<br /> I.ender, pt its option,may req
<br /> turther demand and mAy invoke the power ot sale aad nny other remedics peimltted by appUc�ble law. I.ender shsd
<br /> rntitled to colkct oll Pxpenses�►kurred tn pursuing the rrn�edies provided in this paragraph 21, inelnidtng,but not limited
<br /> to,reasonabie Attorneys'tees and costs of tftle cvldenc�e_
<br /> If the power of sale is invoked, T�vstee shall recurd a noNce of default in epch co'�t�1e i yh`�h�an�P�K A��
<br /> property Is located and shsill mail copies of such notfce In the manner pmscrlbed by app
<br /> the other persons presc�ibed bY aPp►�c�ble law.Atlter the time required b�upplicable law,Trustee shall glve publk notke
<br /> ot sale to the persons an�i in the muuner prescribed bY pPMicable law.'[�stee,withuut demand on Borrower,shall sell
<br /> �he propercy at public auctlon to the highest bidder wt !Me time and plAce s►nd under the tecros eksi��ated lu the notke o!
<br /> sale ie one or �k �u��nt at the tmc nnd pls�ce ot any prer°usly xhe�ule�d�sale Lender or its d�ignce may
<br /> PropMw by pu
<br /> ----- purchase the Property At any s�le.
<br /> - - Form 3Q28 9/80
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