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<br /> 17.Truncfcr ot the Pm rtp o�neAciwl Interest In 8arrower. lf ull or an�rt of thc Propeny ar uny intcrest in it
<br /> is sold or trunsferrcd (ar if u bc�neficic�llflicrest in Borrawcr is�old ar transfcrrcd und Bonowcr is not a naturnl person)without
<br /> Le�xier's prior written conscnt. l.cnder may. ut its optiun, reyuire immuliate paYmcnt In full af all sums sccurcd by thls
<br /> Se�:urity Instrument. Hawever,this option shall nat be exercised by l.endcr if excrcisc is prohibiteci by fcderul law as of the date
<br /> af thiti Security lnstrumcnt.
<br /> (f Lender exerctses this optian, l.enJer shull give Borrower notice of acccleration.Tiic notice shuli provide a period of not
<br /> Ictiti thnn 3Q dAys front the date the notice is delivered or mailed within which Borrower must pay all sums secured by this
<br /> Sccurity Instrument. lf Borrawer fails to pay these sums prior to the expiratian of this perfad.I.ender may invoke any rcmodies
<br /> perniittcd by this Scsurity dntitrumcnt wfthout further natice or demnnd on Banower.
<br /> 18. &�rrower's !t1�t to Relnstate. lf Boaower mats �:ortuin canditians. I3orrowcr shall have the ri�Jtt to have
<br /> enforcenxnt of this Securlty Instn►ment discontinual at any time priar to the eArlier of: (a) 5 duys (or such othor period as
<br /> applicnblc lzu: may specify for ttinstntemant) before sale o�the Pmpany pursunnt to any pawer of sule contained in this
<br /> Securfty Ins:��^xnt;or(b)entry of a judgmont enforcing this Securlty Instrument.Those conditions are chut aono�ver: (a)pays
<br /> Lender s�ll sums which then would be due under this Security lnstcument and tha N'ote as if no acceleratton had occuned: (b)
<br /> cures any deFauit af any uther covenants ar agreements; (c) pays all expenses incuned in enforcinfi this Securtty Instrument.
<br /> including, but not limited to.reasonable attorneys' fees; und (d)tukes euch action as Lender may reasonably require to assure
<br /> that thc lien of this Security Instrument, Lender's rights in the Property and Bonower's obligntion to pay the sums secured by
<br /> this Security Instrument shall conttnue unchanged. Upon reinstatement by Fianower. this Security Instrument und the
<br /> obligations securcd hereby shalt remain fully effective as if no acceleration had occurrcxl. However, this nght to reinstate shall
<br /> not apply in the case of accelecation undar paragruph 17.
<br /> 19. Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security
<br /> Instrument)may be sold one or more times without prior notice to Borrower.A sale may result in a change in the entity(known
<br /> as the "I.oan Servicer")that collects munthly payments due under the Note and th9s Security Instrument. There also may be one
<br /> or more changes of the Loan Servicer unrelated to u sale of the Note.If there is a change of the Loan ServIcer.Barrower will be
<br /> given written notice of the chanfie in uccordan�e with para�ruph 14 nbove and applicable la�v.The notice will stute the name and
<br /> nddrzss of the new Loan Servicer and the uddress to which payments should be made. T6e nottce will also contain any other
<br /> information required by applicable law.
<br /> 20. Hsu�rdot� Substances.Borrower shall not cause or permit the presence. use. disposal, storage. or release of nny
<br /> Hazsrdous Substances on or in the Pruperry. Borrower shall not do, nor ullow anyone else to do� anything affecting the
<br /> Propercy that is in violntion of any Environmental I.,aw. The preceding two sentences shall not apply ta the presence, use, or
<br /> storage on the Property of small quantities of Hazardous Substances chat are generally recogmzed to be uppropriate to nonnal
<br /> residential uses and to mainrenance of�he Property.
<br /> Bonower shall promptly give Lender written notice of any investigatIon.claim, demand, lawsuit ar other action by a�ry
<br /> gavemmentsl or regulatory agency or private party tnvolving the Property and any Hazardous Substance or Environmental Law
<br /> �, of wh�ch Borrower hes actuul knowledge. If Borrower leams,or is not�fted by any govemmental or regulatory authority� that
<br /> any rcmovi►i or othcr rcmediation of any Hawrdous Substance affecting the Property is neoe.ssary.Borrower shall prompdy take
<br /> alt necessary remedial ncttons in accardnnce with Environmental Law.
<br /> As used in this paragraph Z0, "Hazanious Substances" are those substances defined as toxic or huzardous substances by
<br /> Hnviromnental Law and the fallowing substnnces: gt�soline, kerosene, other flammable or toxic petroleum products, toxic
<br /> Nesticides and herbicides,volatile solvents,materials containing asbestos or fo�maldehyde,and radioactive materiais.As used in
<br /> ' this paragraph 20, "Envi�nme�tal L.aw" means federul Iaws and laws of the jurisdictIon where the Property Is tocatal that
<br /> - relate to heatth,safety or environmcntal pratection.
<br /> � NON-UNIFOI2M COVENRNTS.Borrowcr and Lender further covenant and egree as follows:
<br /> - 21.Acceleratlon;Ranedi�.Lender shall give notice to Borrower prior to�tccelerxdon following Borrower's breach
<br /> `: o[ any rnverwnt or agreement in thls Secur[ty Instrument (but not prior to accelerAtfon under par�graph 17 unless
<br /> • Applicable law provides otfKrwise). The noti��e stwll speci[y: (a)the default; (b) the actton reyutred ta cure the de[AUIt;
<br /> �. • (c)o date,twt less ti�an 30 days from the date the notice is gtven to Borrower,by which the default must be cured; and
<br /> (d)ths►1 R'aiiure to cure the default on or before the date specifted In the notice may result in aceeleration ot the sums
<br /> secured by ihts Securlty LLStntment And ssle ot the Property. The noticc shall further intorm Borrower of the rlght to
<br /> rein�twte atYer AocelerANon r�nd tt�e rlght to bring s� court act�on to assert the aon�existeace of a default or any other
<br /> detense of Borruwer ta accelerxdon and sule. It the detault is not cured on or be[ore the date spocitied In the notice,
<br /> Ixnder,at its optton,may requlre immedixte payment in[ull of oll sums secured by this Secucity Instrument without
<br /> , further demand and mey[nvoke the power of sale and any other remedles permitted by pppltcable law.Lender stwll be
<br /> entltled ta collect ull expenses incurred in pursutng the remedies provtded(n this paragraph 21,including,but not limtted
<br /> to,reasonable attorneys'fees and costs of t[tle evidence.
<br /> � Ii the power oi sale is invoked, Trustee sha11 record a uotice of default in each county In which any pari of the
<br /> ' Property is located and shall ma11 cop[es of such not[ce(n the manner prescribed by appl[cable law to Borrower and to
<br /> the other person9 prescribed by appltcable Iaw.After the time requlred by a�pUcable law,Trustee shall give publte notice
<br /> of sate to the persons and in the manner Prescribecl by applicuble Iaw. Trustee, without demand on Borrower, shall scU
<br /> the Property pt publtc auctiun to the highest bidder at the ttme and place und under the terms designated in the notice of
<br /> sale in one or mom pareels u�d in any order Trustce determ[nes. Trustee may postpone sale of all or any p�rael of the
<br /> Properly by public annonncennent at tne time And place of any previously scliecluled sale. Lender or its designee may
<br /> ' purchase tite Property at Any sale.
<br /> Form 3028 9/90
<br /> Pope 6 of 8
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