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<br /> �.I �� � 17.Transfer of the Property oi'�eneficial Interest in�3orrower. If all ar any part of thc Property or any intcrest in it
<br />- • is suld or tran,fcrrui(or if a heneticial mterest in Borrower is sold nr transferred und Rorr�wrr isncit ij nntural person) without �
<br /> � [.ender's prior written consent. I.ender may, ut its optian, requirc immediate payment in full of ull sums �ecureci by this
<br />-.� !�.,,'#••�• Sccuriry Inytrument. Howevcr, this option shall not be exerciscd by C.ender if excrcisc is prohibited hy fedcral law as of the datc
<br />�.. ' ' nf this Security Instrument.
<br /> = If L.ender exercises this option. Lendcr shuU give Bar�ower notice of acceleration.Th�:noeece s9�a11 provide a pericxl of not
<br />?`�4 Iess than 30 duys from the date the notice is delivered or mailed within which Borrow�r must pay all sums secured by ttiis
<br /> . . Securiry Instrument. If Borrower fails to puy thesc sums priar to the cxpirution of this period, Lendcr ma��invoke any remcdies
<br /> pern-�ittcd by this Security Instrument without further notice or demand on Borrower.
<br /> , 18. Borrower's Right to Reinstate. [f Borrower meets certain conditions. Bt�ra•ower shall h�ive the r��hc io have
<br /> x�`:�^�; ,,.; enforcement of this Security Instrument discontiuued at any time prior to the carlier oi': (a) 5 days �nr su�h oth�r p�riod as
<br /> r' '- :' applicable luw muy specify for reinstatement) hefore sale of the Property pursuant to any po�eer ��i sale contained in this
<br />'�;� ' � Securiry Instrument;or(b)entry of ajudgment enforcing this Security lnstrument.Those conditions are that Borrower: (a)pays
<br /> '=�• - ���f Lender ull sums which then would be due under this Security Instrument and the Note as i(no acceleration had occurred: (b)
<br />_'°`-' ��-�xR cures uny defnult of any other covenants or agreements; (c) pays all expenses incurrec� in enforcing this Securiry inspument,
<br />`��►:: �.'; :. including, but not limited to, reasonnble uttorneys' fees; and (d)takes such action as�L=cnder may reasonably requ�rc to assurc
<br /> ;'-- ' ;_;� that the lien of this Security Instrument, [.�:uder's ii�ht�iia tl�e Property and Borrowcr's abligation to pay the sums secured by —
<br /> •..::.....,:�
<br /> '�� :'.�:k this Security Instn�ment shall continue unchange.9. Lipan reinstutement by Bortower. this Security Instrument and the
<br />��-"`�o'M1,;T;'`:"��.�_ obligations securecl hcreby xhall remain fully ef1'ective ac if no accelerution had cxcurred. Howevcr, this right to reinstate shall
<br /> i:.,:�•�,�:�•,t not apply in the c�is<a�f a�reler�tion under pu�agraph 17.
<br />��w '�'ft'�'�"'` ��J. Sale of�la�te; Chaage irl' Loan Servicer. The Ni�te or a partiul intcrest in che Note(together with this Security
<br /> ..;.j:;;fy�
<br />�;;f1,r.��':� � InstsumenU mny he sold one or►n��re times without prior no�ire ta Borrowcr.A salc may result ina change in the entiry(known
<br />=L•.xi�;�+��',�� as the"Loan Servicer"1 that collects monthly payments due under the Note and this Security Instrument.There also may be one
<br /> :�r_��fi��',iGt
<br />�� ,,�, ,,, • 1 or more changes ol'the Loun Servicer unrelated to a sule ot the Note. lf there is a change of the La�n Servicer. Hnrrower will be
<br /> `°`-+�=' given written noti�e of the change in accordance with parusraph 14 above and applicable law.The nc�tice will state the name and _
<br />��-':�.';�; address of the new Loan Servicer and the address ta which payments should be made. The noticr will ulso contain any ottier =-
<br /> L,',;�;��t; informution re�uired by applic�t�le law. __
<br /> I;;:;{,�{.;y ,_ 20. Hazardous Substantr+. Borrower shall not causr or permit the presence. usr„ dispasel, storage, or release of any
<br /> '''�"' Hazardous Substances on or in the Pro rt Bnrrower shall not do, nor ailow un one else�o do, an thin affectin the
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<br /> -=--:,;R,,�• s[orage on the Property of small quantities of Hazardous Sabstances that are genera{ly reca�nDzed in bc Appropriate to nnrmal
<br /> a.:��� residential uses and to maintenance of the Property.
<br /> ____ - Borrower shall promptly give L.ender wruten notice of any investigation, claim, demand, lawsuit or other action by any
<br /> --� governmental or regulatory agency or privute party involving the Property nnd any Hazardous Substance or Environmental Law
<br /> —_=-- of which Borrower hus actual knowlcdge. If B�rmwer leums, or is rtotitied by uny governmentnl or regulatory authortty,thut
<br />---- = any removal or other remediution of any Huzardous Substance affecting the Property is necessary,g�rrower shall prompNy take
<br /> all necessary remedia)uctions in accordnnce with Environmental I..uw.
<br /> --- As used in this parngraph 20, "Hw.ardous Substanccs" are those substanccs defincd us toxic or ha•r.urdous substanccs by
<br /> -- Environmental I.uw und the fiiU�iwing .r•ubstunce�: gasoline, kerosene, other flummable or toxic petraleum products, toxic
<br /> pcsticides und hcrbicidcs,volutile solvents, matcrials contuining asbestos or Formaldchydc, and r�dioactivc materi�ls.As uscd in
<br /> —� this parugruph 20, "Environmenlul l.uw" means federal luws and li�ws of the jurisdiction wherc the Property is located that
<br /> relntc to health,sufcty or environmental protection.
<br /> — NON-UNIFORM COVENANTS. Borrowcrand L.cndcr furthcr awenunt und agrco as follows:
<br /> � 21. Acceleration; Remedles. Ixnder�hall g(ve nottce to Borrower prlor tn ecceleratton tr►Ilowing Borrower's breach
<br /> of any covenant or agrecment in this Securlty Instrument (but not prior to ucceleratfon under paragrnph 17 unless
<br /> applicahle Inw provides otherwlse).The notice shall speclfy: (a) the defaulh(b)the aMlon requi�rd to cure the detault;
<br /> (c)a date,not less than 30 deys from the date tt�e nutice is glven to Borrower, by which ttie defeult must be cured;and
<br /> (d) thAt failure to cure the default on or before the date speciRed In the nottce may result in acceleratlon ot the su�ns
<br /> secured by this 5ecurity Instrument and sale of the Property. The notice shall further inform Borrower of the rlght to
<br /> � reinstate after acceleration and the right to bring n court actlon tca nssert the non-exlstence of a default or uny other
<br /> defense of Borrower to accelerntion and sale.If the default is not curcd an or before the date spec(t'ted in the notfce,
<br /> Lender, stt tts optlon. may require Immedintc payment in full of ell sums secured by this Securlty Instrument wtthout
<br /> furtl�er demand and may invoke the�ower oP sale and any othcr remedi�s permttted by ap�irable law.Lender shall be
<br /> -= entitled to cullect all expenses Incurred fn pursuln�thc remedies provided in this paragreph 1, including,but not Umited
<br /> -� - to,reasonable attorneys'fees and costs of title evidence.
<br /> ��� Cf the power of sale is invoked, Trustee shull record u nutice of default in each county in which any part of the
<br /> � - Property is located and shall mail copies of such notice in the manner prescribed by applicable Iaw to Borrower and to �
<br /> --°°_--�"� , the other pensons prescribed by applicable law.After the time required by:�pplicable law, Tmstee shall Rive pubUc notice
<br /> _'""�`�'�'R� of snle to the persons and in the manner prescrtbed by applicable law.Trustce, without demand on Borrower, shall sell
<br /> �y�^=+�?� the 1'ropeny at pubUc auction tu the highest bidder at the time and place und under the terms designated In the notice ot
<br /> =��;;��T;.t;�,?v�,. sale in one or more parcels and in any orcler Trustee determines.Trustee may pa;tpone sale o!'all or any parcel of the =
<br /> ,r,�.r.,�y� Pr�perty by public announcement at the tlme and place of any previously scheduled sale,Lender or its d�ignee may _
<br /> :,�. _., . purchase the Property at any sale. _
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<br /> ''•�`.'�=�*�= Form3028 9/80
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