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<br /> . 17. Transi�r of th� Prop�rty or a Bonsficl�l Inte►est In Borrow4r. u au or eny Pan ot tne Property or _ ._, ;.�:y.:_
<br /> any Interest In It Is sotd or tranefeRed (or II e beneticlal Interest In Barrower Is sold or transtercod und Bortowar is not e naturel „
<br /> � person) without Lender's prlor written c�naent. Lender may,al its optlon, requlre Immedlete payment In tull o}sIi sums eecured by
<br /> ' thls Socurity Instrument. However, this optlon shell not be exercised 6y Lender II exercise is prohibiied by lederal law as o1 Ihe �
<br /> ' date of thls Secudry Instrument.
<br /> � If Lender exerclees thls opllon, Lender shall give Bortower notice of ecceieratlon. Tho notice shell provlde e period o1 not I --
<br /> less than 30 days lrom the dato the notice Is delivered or mailed within whlch Borrower must pay all �ums secured by thls I _
<br /> � Security Instrument. If Borrower falls to pay these sums prior to lhe explretlon o1 thls perlod. Lender mey Invoke eny remedies � �,•-
<br /> � permitted by this Security Instrument wtthout further notice or domend on Bortower. I ., _
<br /> 18. Borrower'e Riflht to ReI118tate. If Borrower meots certeln condltlons, eorrower shall heve ihe rlght to have I =-
<br /> entorcemont o1 ihl� Secudty Instrument discontinued at any time pdor to the eadier oi. (a) 5 days (or such other perlod es � r.
<br /> appllcable law mny spec8y for relnstatement)betore sate of the Properry pursuant to eny power o1 sale contelned In thls Securily
<br /> Inatrument; or (b)entry ol a Judgment enforcing thls Secunty Instrument. Those conditlons are that Bortower: (a) pays Lender ell � �_
<br /> �''' ' �r � sums whlch then would be due under thls Security Instrument end the Note as it no acceleratlon had occurred; (b) cures eny .
<br /> r defeult o1 any other covenant or agreemenis; (c) pays all expenses Incurred in enforcing thls Securiry Instrument. Including. but �
<br /> not Iimited to, reasonable attomays'fees; end (d) tekes such action as Lender may reasonabry require to essure thet the Iion ot
<br /> thfs Security Instrument, Lender's rights in the Property and Bortower's obllgatlon to pay lhe sums secured by this Security - , ,��.
<br /> Instrument shall continue unchanged. Upon reinstatement by Borrower, thls Security Instrument and lhe obligatlons secured , ';;�.�_�,_
<br /> hereby shall remain tulh�eNective as Ii no acceleratlon had occurted. However.this rlght to refnstate shall not npply In the case • ;'r•�� �e:'
<br /> .�:'.'�'�.,_-
<br /> � of ucceleration under paragraph 17. '.?��'��4�
<br /> 19. Sile of Note; Change of Loan SeNICe�. The Note or a e partial Interest fn the Note (together with thls
<br /> Security Instn�ment) may be sold one or more tlmos without pdor notice to Bortower. A sale may result In a change In the entlty y J
<br /> (known as the "loan Servlcer')that collects monthly payments due under the Note and thfs Securiry Instrument. There also may ; �
<br /> be one or mo►e chen�es ot the Loan Servlcer unrelated to a sale of the Note. If there is a change of the Loan Servicer. .
<br /> Bortower will be given written notice of the change (n accordance wilh paregraph t4 above and appUcable law. The notice wlll .�
<br /> state the name and address o1 the new Loan Servicer and the address to whlch payments should be made. The notice will also
<br /> contain any other Infortnatlon requlred by appllcabl9 law. '
<br /> � 20. Huardous Substancas. Borrower shall not cAUSe or pe:rmit the presence, use. disposal, storage, or retease ot
<br /> "; � any Hazardous Substances on or in the Property. Borrower shall not do, nor aliow anyone else to do, anything aHecting the �
<br /> ; �� Property that is in violation ol any Environmental Law. The preceding two sentences shall not apply to the presence, use, or , 5 �.
<br /> ' � storege on the Property oi small quantitles of Hazardous Substances thel are generally recognlzed to be eppropdate to normai ��;_
<br /> �� resldentlal uses and to maintenance of the Property. '•.• �_�
<br /> Bortower s h a i l p r o m p t l y g i v e l e nder written notice of a��y Invest(gatlon, clalm, demand, lawsuit or other action by any r��`�;
<br /> govemmental or regulatory agency or private party Involving the PropeRy and any Hezerdous Substenca or Environmental Law of :.d...�i
<br /> � whlch Borrower has actual knowledge. It Bortower leams, or is notifled by any govemmental or regulatory authority, that any '^��'�tl�
<br /> -- semova! er ettter ramadlatlon of any Heiardous Substenco attecting Property Is necessary, 8ortower shell promptly take all ��'�;;:
<br /> ^ necessary remedlal ectlons In accordance wlth Environmental Law. ����=
<br /> ', � As used In this paregraph 20, "HaZardous Substances" Are ihose substances deflned as toxic or hazardous substances by �
<br /> � Environmental Law and the following substances: gasoline, kerosene, other flemmable or toxic petroleum products, toxlo
<br /> '�. pesUcides and herbicldes, voletile soNents,materials contalning asbostos or formaldehyde, and radioactNe materials. As used In
<br /> 7. paragrnph 20, "Envlronmentel Law` means lederal iaws and laws of the jurisdiction where the Properiy is located that relate to
<br /> heafth,safety or environmentel protecUon.
<br /> NON-UNIFORM COVENANTS. BoROwer and Lender further covenent and agree as follows: Is
<br /> 21. Acceleration; Remedies. Lender ahall give notice to Bo�rower prior to Accaloratlon ';:,
<br /> following Borrower's breach of any covenent or agreement in this Securfty Instrument (but not
<br /> prlor to �cceleratton under paragraph 17 unless applicable law providea othvrwise). The notice
<br /> ehall specify: (a) the dafault; (b) the action requlred to cure tha default; (c) � date, not less than
<br /> 30 days from the dete the notica is given to Bor�ower, by which the def�ult must bo cured; and —
<br /> � (d) that failure to cure the dsfeult on or before ths date specified in the notice may rasult In
<br /> r,ccsl�ratlon of ths sums secured by this Security Instrument and sals of the Propsrty. Ths notice
<br /> shall fu�ther inform Borrower of the right to relnstate after acceleratio� end the right to bring a _
<br /> cou�t Action to assert the �on-existence of a default or any othe► dafense of Borrower to _
<br /> acceleration and sale. If the dsfauR Is not cured on or before the date apecifled tn tha notice, �.. _
<br /> l.ender at its option may require immediate payment in full of ell sums secured by this Security �=� -
<br /> Instrument without further demand and may invoke the power of sale and any other romedies � '
<br /> 3'' permitted by appllcable Iaw. Lender ahall be entitled to collect all expenses Incurred In pursuing ���, _
<br /> ' the remediea provided in this paragraph 21, including, but not Iimited to. reasonable attorneys' ;�;:
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<br /> " t fees and coats of title evidence. `'" ��':
<br /> ;:•.._� �' If the power of sale is invoked, Trustee shatl record a notice of default fn each county in .r,'.,���_,'
<br /> ' � which any part of the Property Is located a�d shall mail coples of such notice in the manner =•,- � �
<br /> prescribed by applicable law to Borrower end to the other persons prescribed by appUcable law. ��'�'.'
<br /> , After ths time requlred by appUcable law, Trustee shatl give pubNc notice of sale to the peraons ';•.'�.• �
<br /> " � and in the manner prescribed by applfcable law. Trustee, without demend on Borrower, shall selt .�' �
<br /> the Property at public auction to the highest bidder at the time and place and under the terms .. _�, '`' •
<br /> designated In the notice of sala in one or m�re pa�cels and (n any order Trustee dotermines.
<br /> - Trustee may postpone sale of atl or any parcel of the Property by public announcement at the
<br /> time and place of any previously scheduled sale. Lender o� its designee may purchase the
<br /> Property at any sale.
<br /> - Upon recelpt of payment of the price bid, Trustee shall deltver to the purchaser Trustee's
<br /> 3 daed convevina the Propertv. The recitals in the Trustea's deed ahall be prima facie evidence of
<br />_: � the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the - --- -
<br /> following order: (a) to all costs and expenses of exercising the power of sale, and the sale,
<br />� � including the payment of the 7rustee's fees actually incurred, not to exceed three
<br /> 9'a of the principal emount of the
<br /> ' I nate at the time of the dectaratlon of default, and reasonable attorney's fees as permitted by taw; �
<br /> (b) to all sums secured by th(�Security Instrument; and (c) any excess to the person or persons
<br /> ; legally en4itled to it.
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