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<br /> 9?—la'738�:
<br /> 17.'fransfer nt the Prope�iy a�cneflclal lnterest in Borrutver. lf all ur u�rt of thc Pr��perty or any intcrc��t in it
<br /> ih u�ld or transferrai(or if a beneficial'i�tcrest in Aottowcr is�old ar transterred and&�rrowcr is nat u nutural person)withaut
<br /> Lcnder's prior writtcn ran+cnt. Lendcr nwy, at its optiun, requiro immc.-diate payment in full of ull sums u�;ural by this
<br /> S�:curi►y io,t�-unxnt.Huw�vcr,this option shal!not he exerci�ecl by I.ender ifcxcrcise is prahibitcd by fedcnd law as of thc Jate �_
<br /> uf this Security Instrument.
<br /> If Lender exercises this option. L.ender shull givc Borcc►wer natice of acccleratian.The notice shall pravide a perial of not
<br /> lcss than 3Q days from the datc the natice is delivered ur mailed withfn which Borrower must pay ull sums �ecured by tbis
<br /> Sccurity lnstrumertt.If Bonowcr fails to pay these sums prior to ttic expiration of this periad, Lendcr may invoke uny remedics
<br /> permittcJ t+y this Securiry Instrument without further nati��e or demand on Bortower.
<br /> 18. Borrower's Rtght to Reinstate. If Borrower m►eeis certain cunditions. Barrower shall have the right to havc:
<br /> enfi►n�eu�ent of this Security Insttument discontinued at noy time prior to the earlier of: (n) S days (or such other period as
<br /> applirable law may specify far rcinktdte4xnt),before sale di the Propecty p�rsuant to any pc�wer of sale contsiined in this
<br /> Sccurity Instrument;or(b)entry of u J�dgtnent enforcing this Securiry Instrument.Those condltions are that Batrower:(u)pays
<br /> Lender ull sums which then would be due under this Securft}1 Inatrument anl the Nute as if na acceleiudon had occurred:(b) �
<br /> cures any default of any other covenants ar agrcements; (c) p�ya a![ cxpenses incurred in er�forcing this Security Instrument.
<br /> including,but not limited to,reawnable attorneys' iees;and (d) mkes such ection as I.er�de�ccay reasonably requ�re to assure
<br /> thut the lien of this Security Instmment. I.ender's rights in[he Pcoperty and Borrower's oblig�:ion to pay the sums secured by
<br /> thts Security Instrument shall mntinue unchanged. Upon reinstatement bf Borrower, this Security Instrument and the
<br /> obligutions secured hereby shall remain fully effcxtiue:�a tf no acceler.ttior�h�c! uccarred• Nowever, this right to reinstate shall _
<br /> nat apply in thc case of ncccleration undcr p:iragraph 17.
<br /> 19. Sale of Note; CNAnge of I.oxn Servicer. The Note or a partial interest in the Note (together with this Securiry
<br /> Instrument)may be sold one or more times without prior notice to IIorrow�r.A sale may result in a change in the entiry(known
<br /> as the"l.oan Servicer")that collats monthly payments due under the Note and this Securiry Instrument.There also rtwy be one
<br /> or more changes of tho Loan Servicer unrelated to a�le of tha Notc. If then is a change of the Loan Servicer. Borrower will be
<br /> given written notice of the change ia accordance with paragraph 14 above and applicable law.The notice will state the name and
<br /> address of[he new Loan Servicer and the cuidress to which payments should be made. The notice will also wntuin any ather
<br /> information r�quired by applicablc law.
<br /> 2p, Hy�rdau SubstAnces, Borsower shall not cause or permit the presence, use. disposal. starage, or release of any
<br /> Hazardous Substanoes on or in the Property. Horrower shall not do, nar allow anyone else to do, anything affe�:ting the
<br /> Propeny that is in violation of any Environmental I.aw.Th�prcading two sentences shall not apply ta the presence. use, or
<br /> storage on the Praperty of small quanlities uf Hazardous S►�bstances that are generally recognized to be appropr�ate to nomwl
<br /> rcsidential uses and t.�maintenance ui�he�roporiy.
<br /> Barro,ver shnll promptly give Lender wntten notice of any investigation.claim, demand. lawsuit or other action by any
<br /> governmental or regulatory agency or private party involving the Propercy and any Hazardous Substance or Environmental Law
<br /> of which Borrower hsu actual knowledge.If$orrower teams,or is noufied by any govemmental or regulatory authority.that
<br /> any removal or other remediation of any Hazardous Substnnce affating the ProQerty is necessary.Borrower shall prompdy take
<br /> all neccssary rcmedlal•ttctions in accordance with Environmental law.
<br /> As used In this para�aph 20. "Haza�dous Substanoes"et�e those subst3rwes defined us toxic or ha�ardous substances by
<br /> Environmentat Law and the following substances: ga.wline, kerose►�e, aher flammable or taxic petroltum products, toxic
<br /> pesticides and herbicides.volatile solvents,materials contuining asDestos or fornialdehyde,and radioactive materials.As u�al in
<br /> this paragraph 20. "Enviranmental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br /> relate to health,sufety or environmental protoctlon. ,
<br /> NON-UMFORM COVENANTS. Borrower and Lender further rnvenant and ag�ee as fallows:
<br /> 21.Aocelcruttan;Re�nedies. I.ender shall give notke to Borrower prior to aooeleration following Bom�wer's b�ch
<br /> of nny oovenant or s►g��eanent in this Security Instniment (6ut not prior to aoceleratlon under paraBrYph 17 unless
<br /> applicable law provides ot6erwis�e).The notice shall spocity: (a) thc defnult; (b)the action required to cure the default;
<br /> (c)a date, not tesc than 30 daYs from tt�e dAte the nottce is given to Borrower,by whlch the default mu�t be cured;and
<br /> • (d)tlwt fallure to cure the detpult on ar beL'oirc the ds�te specitfed in the nottce mny result in aocderallon ef ti�e swns
<br /> secund by thts Security Instrument pnd ss�lo ut th�Propaty.The notke shaU further in[orm Borrower oi the rlg6t to
<br /> rr.[nsti►te xiter s�oceleratlon and tlx right to bring a court aMtan to acsert tl�e nomexistenee of a de[ault or any e►ther
<br /> defense ot Borrower to acceleration and sale. If the default L� not cured on or be[ore the date speciiied in the notice�
<br /> I,ender�at Its opNon,may require immediate payment tn full of ell sums secured by this Secudty Instrument without
<br /> furthec dem�u�d and may Invoke the power of sule and xny othcr ranedles permttted by applicable lAw.I.cnder slwll be
<br /> entitled to collect all expe►►ses incurred in pursuing the remc+tlles providcd in this pamgraph 21,tncluding,but not limited
<br /> to,re�sonable attorneys'fces pnd costs of title evidence.
<br /> It thep�►wer of sale is inv�ked. Tn�stee shall record a notice ot default in each wunty in Kl�kh u�y pact ot tl�
<br /> � Property is I�cated and shull mail copies of such uatice in tlx manner presccibed by s�ppUcable law to Borrower and to
<br /> the other persons prescribed 6y s�pplicuble law.After the time required by applicabk law.Trustee shall give publ9c notia
<br /> of sala to the persons xnd in the manner prescrlbed by appliahle law.Trustee,without demand oa Borrow•c+', ahall sdl
<br /> � t6e Aroperty nt public auction to the hlghest bfdder nt the time and plxe and under the terms des',gnated in the notice oi
<br /> � sale in one or mnre pnn�cls and in any order Trustce determines.Trustee may postpone sale of ull or any parcel of the
<br /> Property by public announcement ut the time and place of 9ny previeusly scheduled ssde. Lender or its desiAnoe may
<br /> purchase the Property ut any sale.
<br /> `', Form 3028 8/90
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