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<br /> i7.Traasfer oi the I'roperty ot�enellctW�[ntenst in Rorrower.If ull ar an of trie Property ar any interest n it
<br /> is sald or trnnsfcrred(or if a bencficinl�nterest in Borrowcr is sold ar trunsferred and orrower is not A natural person)without
<br /> Lcixier's prior written rnn�ent. Lender muy. at its optian, rcquire immediatc payment in full of all sums securod by this
<br /> Sccurtty In�trument. Howevcr, this opsion shall not be cxcrctsod by Lcnder if excrcisc is prohibited by federal law as of the date I
<br /> of this Security Instrument. —
<br /> If Lendcr exercises this aptian. Lender shnll givc Borrower notice of uccelerution.The notice shall provide a period of not
<br /> less than 3U duys fram the dute the notice is delivcred or mailed within which Bonowcr niust pay ull cums secured 6y this
<br /> Security Instrumant. If Barrower fuils to pay these sums priar ta the expiratian of this period,Lendcr may invoke any remedies
<br /> permitted by this Security In�trument without further natice ar demand an Borrower.
<br /> 18. Borrawer's Rlqht ta Retnstate. If Barcower mcets certain conditians, Borcawer shall have the right to have
<br /> enforcemer�t of this Security lnsuument discontinued ut any time prior to the earlier of: (a) 5 duys(or such other period us
<br /> applicsible law muy specjfy for reinstatem�nt) bcfore sale of the Pruperiy pursuant to any power of sale contained in this
<br /> Securiry Instrument;or(b)entry of a judgment anforcing this Secudry Instrument.Thosc conditions are that Borrower:(a)pays
<br /> Lender all sums which then would be due under this Security Instrument and the Noto as if no acceleration had occutted; (b)
<br /> cures any default of any ather covenants or agreements; (c) pays all expenses incurred in enforcing this Secudty Insuument,
<br /> including. but not timitvd to,reasonable attorneys'fees;and (d) takes such actton as I.ender may re�sonably requ�re to assure .
<br /> that the lien of this Securlty Insuument, Lender's rights in tht Property and Botrower's obligation to pay the sums secured by
<br /> this Security Instrument shuU condnue unchnnt;ed. Upon reinststement by Borrower. this Securiry Instrument and the --
<br /> obli�«ttons secured hemby shall remaIn fully effective as tf n�ncceleration had occurred. However. this�ight to reinstate shall
<br /> not apply in the aase of ucceieration under parsigraph I7.
<br /> 19. Sale of N�tc; Chan�c ot Loan Servtcer. The Nate or i► parti�l interest in the Note(together with this Sccurlty
<br /> Instrument)may be sold onc or more times without prlor notice to Borrower. A sale may result irt a change in the entity(knuwu
<br /> s�s the"Loa�i Servicer"j that collects monthly payMents due under the Note and this Securlty lnstrument. There also mAy b�one
<br /> or more changes of the Losui Servicer unrelated to a sule of the Note.If there is a cl�ange af the Laan Servicer. Borrower will be
<br /> given written nottce of the chanae in accardance with puragraph 14 above and applicablc law.The notice will state th6 name and
<br /> address of the new Loan Servicer and the uddmss to which puyments should be made.The notice will also contain any other
<br /> information required by applicable la�v.
<br /> 20. HazArdous Substances. Dorrower shall not causa or permit the presence, use. disposal. storage, or release of any
<br /> Hazanious Substances an or in thc Property. Bo�rower shall not do. nor allow anyone else to do. anything affecdng the
<br /> Property that is in violatlon of any Environmental Law. Tha preceding two sentences sht�ll not apply to the presence,use, or
<br /> � storage on the Property of small quantittes of Hazardous Substances that are generally recognized to be appropriate to normal
<br /> residential uses and ta maintenancs of the Property. �"� �
<br /> Borrower shall prompdy give l.ender written notice oi any imesciguiivn,ciui,��.SctiidDa"�, law�uit or otticr sctiun h; ;.
<br /> governmental or regulatory agency or private pnrty involving the Property and any Hazardous Substance or Bnvlronmsntal�w
<br /> of which Bonower has actual knowledge. If Borrower learns,or is notifial by any gavernmental or regulatory sutho�ity,tth�ac
<br /> any removal or other remediation af any Hazardous Substance affecting the Property is necessary.Borrowe�shali prvmptly
<br />— all necessary remodial actions in accordance wtth Enviranmental Law. '
<br /> ' As used in this paragreph 20. "Hoziudous Substances" ara those substances defined as toxic or hazardous sub�t�nces by,, :-
<br />� Environmental Law and the fallowing substances: gasoline, kerosene, other flammable or toxlc petroleum roducts. toxio '
<br /> pesticides and herbicides, volatile solvents,materials containing asbestos or formaldehyde. and rndioactive mate�als.�As used 4a ��
<br /> _ this psu�agraph 20. "Environmental Law" meuns federal laws and laws of the juriisdiction where the Propetty.is located tt(at`
<br /> relate to hcalth.safcty or environmental protectlon. �• • :,,, , �„`"
<br /> � NON-UNIFORM COVENANTS. Bonowcr and Lender further covenant and egree as follows:
<br /> 21. Aceelaationi Remedies. I.ender shaU give notice to Borrower prior to acceleration following Borrower's brwch
<br />"� oi any rnvenant or agreement fn thia Secur�ty Instnrment (but not prfor to �tccelerat[on under pAregraph 17 unlesa
<br />;� applkable ls�w provides otherwise).T6e nottce shAll spectty: (a)the defpult; (b) the action r�e�uired to cure the detault;
<br />•�: (c)a date,not less tFwn 30 days trom the cWte the notice(s given to Bortrower,by which the default must be cured;ond
<br />'� (d) tlut tnilure to eure tlie default on or be[ore the date spec[Red In the notice muy result in Ac�celerAtion oi the sums
<br /> secured by th(s Secudty I�strument and ssde ot the Property.The notice sh�ll further intonn Borrower ai the right to
<br /> `k retnstrte xfter acaeieration s�nd the right to bring a court action to assert the non-existence of a def�tult or any other
<br /> de�enee of Borrower to aaeleration end s�le. 1f the default is not cured on or before the d�tte speciiied in the notke�
<br /> Lender, at its optton, mayrequfre immedlate ppyment tn full oi all sums secured by this Securlty Instnunent without
<br /> further demand and may Invoke the power of sole and any other remedies pennitted by applicable IAw.Lender shall be
<br />-;• entiNed to collect all expenses tncurrecl in punsuing the remedies prnvided in this parxgraph�1,induding,but not limited
<br /> to,rawnxbie attorneys fees�nd costs�f title evldence.
<br /> � It the power of sale Is Invoked,Trustee siwU record a nottce o(de[wult tn e�ch county in which Any pwrt of the
<br /> �� Prope�ty is located and shAll mail copies at such notice in the manner prescribed by applicable Is►w to Borrower and to
<br /> ', the other person9 prescrlbetl by applicable I�w.Mter the ttme required by appllcuble IAw,Trustee shAll gtve pubiic tattce
<br /> T of s�le to the persons�nd In the manner prescdbed by applicable Iaw. Tnistee, witl�out demand on Borrower,shall sell
<br /> , the Property at public sucNon to ths highest bidder at the Nme pnd place und under the terms desisna.teQ(n the notice ot
<br /> , sale in one or mnre parcets and in eny order Trustee determtnes.Trustee may postpone sale of pll or any parcel of the
<br /> � Property by public announcement at the time and place of any prevtously schedulcd sala Lender or iteti designee may
<br /> •�� purehase the Property at any sale.
<br /> i �
<br /> � Form 3028 9/90
<br /> � Page 6 0l 8
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