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<br /> 17. Transfe�oB the Praperty or a Beneflctel Interest in Borrower. If al!or any part af the Propeny or nny interest in it
<br /> - is sold or trnnsfcrre.i(or if a beneficial interest in Borrower is sold or trm�sfcrred nnd �orrower is not a naturnl person)withaut
<br /> � Lender's prior written consent. Lender muy. nt its optlon, require immedlate payment in full of all sums secured by this
<br /> Security Instcument. However,this option shall not be exercised by Le:nder if exerci�e is prohibited by fedeml Inw as of the dute
<br /> of this Security Instrument.
<br /> If L.ender exercises this optivn, l..ender shall give Borrower notice of acceleration.The notice shall provide a period of not
<br /> less than 30 d:�ys fmm the date the nutice is delivered or mailed within which Borrower must pay all sums sccured by tf,is
<br /> Security Instnement. If Borrower fails to puy thcse sums prior to thc expiration of this period. Lendcr mny invoke uny remodies
<br /> perntitted by this Securiry Inatrument without further notice or demund on Borrower.
<br /> 18. Borrower's Right to Reinstjtte. If Borrower mects cectajn canditions. Borrawer shall huve the right to hAVe
<br /> enforeemcnt of this Security Instrument discontinued ut uny time priur to the earlier of: (a) 5 duy� (or such other perind us
<br /> applicable law may specify for reinstatement) before sale of the Propeny pursuunt io any power of Sule cnntuinecl in tMs
<br /> Security Instrument;or(b)entry of a judgment enforcing this Secudty Instroment.Thosc ronditions a�re that Harr�wer: (u)puys
<br /> L.ender all sums which then µ�ould be due under this Sccuriry Instrument und the Nate u� if no ucccicrudnn h�d cxcurrcd; (b)
<br /> cures uny default of any other covenants ar agrecments; (c) payr uU expen�es incurreJ in e��furcing this Sccurity Instrument,
<br /> including.but not limitai to,rcasonablc uttornc�s'fces;and(d) tukcs such action uti I.cndcr nwy rcusonubly rcyuirc ta assure
<br /> that the lien af thih Security Instrument, Lender s rights in tho Property and Bnrmwcr's��bligaticm to puy the sums securcd by
<br /> this 5ecurlty Instrument shall continuc unchungcd. Upon rcinstusement by Bnrraa•cr, this Sccurity Instrument und thc
<br /> obligutions secured hereby shull remuin fully cffertive c�s iF no accclerntion hud uccurrcYl. Huwever, tlils riglu to relnswte sh�l!
<br /> not apply in the case of accelcratton under pnrugraph 17.
<br /> 19. Sale ot Natei Chnnge of Lostn Servlcer. The Note or a paniul interest jn the Nate (together with this Security
<br /> Instrument)mny be sold one or morc times withaut prior notice to Borrower.A snlc may result in u chun�e in the entity (known
<br /> us the"Lc�an Servicer")that collects monthly paymen�s duc under the Note and this Security Instrument. There also may be one
<br /> or mare chunges of the Loan Servicer unrelated to a sulc of the Note. If there is a change of the Loan Servicer. Borrower will be
<br /> given written notice of the chenge in accordnnce with parAgraph 14 above und applicable law.The notice will state the name and
<br /> nddress of the new Loan Servicer nnd the uddress to which payments should be made.The notice will also contain any other
<br /> information requircd by applicable law.
<br /> 20. Hazardous Substances.Borrower shall not cause or permit the presence. use. disposal, storage, or release of any
<br /> Hazardous Substances on or tn the Property. Bonower shall not do, nor allow anyone else to do, anything affecting the
<br /> Property that is in violstion of any Enviror�mental Ia►w. The preceding two sentences shall not apply to the presence. use. or
<br /> storuge on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal
<br /> r�s[d�nlial�xs and to msintensnse^f the Pre�ny.
<br /> Borrower shall promptly give I.ender written nottce of any investigation, claim.demand, lawsuit or other action by any
<br /> governmental or regulatory agency or pt�vate party involving the Properry and any Hazardous Substance or Environmentul Law
<br /> of which Borrower has stctual knowledge. If Borrower leams,or is notified by any gavernmental or regulatory uuthority, thut
<br /> any removal or othor remediation of any Huzardous Substance affecting the Property is necesswy,Bonow�r shall promptly take
<br /> . all necessary remedial actions in accordance with Environmental I.uw.
<br /> As used in this paragraph 20, "Hezurdous Substances" are those substances detined as toxic or hazardous substances by
<br /> Environmental Law and the following substances: g�.soline, kerosene, other flamrnuble or tozic petroleum products, toxic
<br /> pesticides and herbicides,volatile solvents. materials containing asbestos or formaldehyde, and radioactive matedals.As used in
<br /> this puragmph Z0, "Environmental Law" means i'ederal laws and laws of the jurisdiction where the Property is located that
<br /> . relate to health,safety or environmental protection.
<br /> NON•UNIFORM COVENANTS.Borrower and Lender further cavenant and agrce as foUaws:
<br /> 21. Accelerntion;Remedies.Lender shall give noNce to Borrower prtor to acceleration following Borrower's breach
<br /> � ot any covenant or �greement In this Security jnstrument (but not prior to eoalerAHon under paragrnph 17 unless
<br /> appltcable law provides otherwise). The nottce shall specify: (a)tho defanit;(b) the actton required to cure the default;
<br /> (c)a datc,not less thAn 30 days trom the date tt�c notice is given to Borrawer,by which the detault must be cured;and
<br /> • (d) that taiture to cure the default on or before the date specifled in the nottce may resnit In acceleraHou of the sums
<br /> secured by this Secudty Instrument and sale of the Property. The notice shall further inform Borrower of the right to
<br /> rein�tate at�er Acceleratton and the right to bring a court actton to assert the non-extstence of a default or any other
<br /> defense of Borrower to aoceleratton and snle. It the dcfnult is r.r!ci+s�d on nr belore the date spectfled in the nn!lcc,
<br /> Lender, at its option,may rcyulrc immedlate puyment in full of ull sums secured by thts Security Instrument wtthout
<br /> further demand nnd may invoke the power of sale and any oYher remerlies permitted by appitcable law. Lender sh�ll be
<br /> eatitled to rntlect all expenses incurred in pursuing thc remedies provided in this paragraph 21,includins,but not IimIted
<br /> to,reasonable s�ttorneys'fees and costs of title evtdence.
<br /> If the�o wer of sale is invoked, Trustee shall record u notice of default tn each county in which any part ot the
<br /> Property ts located and shnll mail copies of such notice in the manner prescribed by applicable law to Borrower and to
<br /> the other persons pr�scribed by appl(cable law.Aftcr the time required by applicable law,Trustee shall give public notice
<br /> of sale ta the persons and in the munner prescr[bed by appUcable law.Trustee, without demand on Borrower,shall sell
<br /> � the Property at public nuction to the highest bidder at the time and place and under the terms designated in the noUce of
<br /> salc in otee or more parcels and in any order Trustee determines. Trustee may postpone sale of all or ai�y parcel of tlte
<br /> Pmperty by public announcemant at the time end place of s►ny prevlously scheduled sale. Lender or its deslgnee may
<br /> purchese tho Property at sny sale�
<br /> �
<br /> ' Form 3028 8/80
<br /> � Pepe 6 of A
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