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<br /> l7.Trwngfrr otthe H�operty ar w Be�xttcl�l Intcrest in ibrrower.If ull ur uny pun af th�Pru�rty�iuny 8��ut��fn it
<br /> Is xold i�r trn�isfcrrcd(i�r if i�trenefcial int�rest in Bc�rruw�r fti s�ld nr trunsf��d iind Hormwcr iti nut u m�tural�xrsun)without
<br /> I.�ndc�'+ priur writt�n �an�.cnt, l.cndcr may, ut its option, rec�uirc immciliatc payment in full i�f ull +u��ts �,ccurcd by this
<br /> Sccurity Instrument. Howevcr.this aption shall not he exerciscci by l.cixier il excrcisc is prohibitcd by fcdcrul luw uy uf thc dutc
<br /> ��f this Saurity Instrumcnt.
<br /> [f I.endcr excrcises this upUon, L.endcr shull give&�rrower notice of uccclerutiap. Thc nuticc shull prnvide u pericxf of not
<br /> Iesti thun 30 days from thc date the rtotice is delivered or mailed within which &ttrower must pay :dl sums nccurcd by thls
<br /> Security Instrument.lf Borrower fails ta p�iy these sums priar to the expirutton of this pertcxi, l.cixler may invoke uny remcdics
<br /> permitted by thls Security Instrumont withaut further notice or Jemund an Borrowcr.
<br /> 18. Barrowcr's Right ta Relnstate. If Borrower meety cenain conditions, eorrower shidl hcrve the right to have
<br /> enfarcement of this Securlty lnstrument discontinucd at any time prior ro the eurlicr of: (a) 5 duys (a�r such other period us
<br /> applicable law may specify for reinstutement) before sale af thc Property pursuant to aity �wwer �6 salr cantuinai in thts
<br /> Security[nstrumcnt;or(b)entry of a,�udgment enforcing this Security Instrument.Those canditians are that Borrower: (u)pays
<br /> Lender all sums whtch then would be due under this Security Instrument and the Note as if no uccclerution had occurred; (b)
<br /> cures any default of any other covenunts or agreements; (c)pays all expenses incum�d in enforcing thiti Sccurity Instrument,
<br /> including, but not limited to.reasanable uttomeys' fees; and(d)takes such actton as Lender may rcusonably require to assure
<br /> that the lien of this Security Instrument, Lender's rights in the Prop:rty und Bonower's obligutian ta pay the sums secured ay
<br /> this Securiry Instrument shall continue unchunged. Upon reinstatement by Borru�ver, this Sicurity hism�ment nnd the
<br /> obligations secured tiereby shall remain fully effective as if no accelerution hud occurred. However, this right to reinstnte shull
<br /> not apply in thc case of acceleration under paragrsph l7.
<br /> 19. Sale of Note; ChAnge of I.oan Servlcer. The Note or a punial intcrest iR �he Note (togcthcr with this Sccurity
<br /> Instrument)may be sold one or more times without prior notice to Borrower. A sule muy result in u changc in the entity (known
<br /> as the "Loan Servicer')that collects monthly payments due under the Note and this Securtty instrument.There ulso muy be one
<br /> or more changes of ttie Loan Servicer unrelated to a sale of the Note.If there is a change af the Loan Servicer, Borrower will be
<br /> given written notice of the chnnge in accordance with paragraph 14 above and Applicable luw.The natice will state the nume and
<br /> . address of the new I.oan Serv3cer and the address to which payments should be mude. The notice will ulso rontuin uny ather
<br /> information required by applicable law.
<br /> 20. Ha�rdous Substances. Borrower shall not cuuse or permit Rhe presence. use. disposul, storage. or relcuse of any
<br /> Hazardous Substances on or in the Property. Borcower shall ��ot do. nor allow anyone elsc to da, unything affccting the
<br /> Property that is in violation of any Envtronmental Law. The preceding two sentences shull not aPply to the presence. u5c, or
<br /> storage on the Yroperry oi smail quaniiue�oi Iiuiu�Suu� Siibsiancc.s thai arc�;cttcrally reraeni't£4 SO�C�2�`fL��'TIBIn�r►�nrmf�l
<br /> residential uses and to maintenance of the Property.
<br /> Borrower shall promptly gtvo Lender written ciottce of any investigatian,claim. demand, lawsuit or other uction by any
<br /> governmental or regulatory agency or privata paity involving the Prope�y and any Haznrdons 5ubstunce or Environmentul Luw
<br /> ' of which Bormwar hns actual knawledge. If Borrower leams. or is natitied by nny govemmentul or rcgulutory authority,that
<br /> .'�; uny removai or other remediation of any Hazacdous 5ubstance affecting the Propeny is nec:essnry,Borrower shull promptly take
<br /> �; ull oeeessary remedl�l actions in accordnnce�vith Environmental Law.
<br /> As used in this paragraph 20, "Hazardous Substances" are thuse substances de�ned ss toxic ar hazurdous substanr.es by
<br /> Envlronmentul Law and the following substances: gt4soline, kerosene, other fiummabie or toxic pelruleuw peuducts. toxie
<br /> pesticides and herbjcides,volatile colvents, muterials cantaining asbestos or formuldehyde,and radioactive mater�uls.As used in
<br /> . this parngraph 20. "Environmentnl Law" means federnl laws and Inws of the jurisdiction where the Property is located that
<br /> relute to health,safety or environmental protactian.
<br /> � NON-UNIFORM COVENANTS.Borrowcr and Lender further mvens�nt and agrce as follows:
<br /> •,. 21.Accelerntlon: Remedirs.I.ender shall give notice to Borrower prior to acceleration following Borrower's brcach
<br /> ot any rnvenaut or egreement In this Security Instrument (but not prior to accelecation under paragraph 17 unless
<br /> applicable law prov(des otherwise).The nottce shall specify: (a)the default; (b) the action tYqutred to cure the detault;
<br /> �� (c)a date,not less thap 30 days from the date the notice is given to Barrower.lry which the de[ault must be cured;and
<br /> (d) tlwt failure ta auc the default on or before the ds�te spec[tie�l in the notfce may result tn accclenttton of the sums
<br /> secured by this Security Instrument und sale of the Property. The nottce shall further tnform Borrnwer ot the rlght to
<br /> retnstate ARer peceleratton and the right to bring a court action to assert the non-existence of a detault or wny other
<br /> defense of Bocrower to acceleraHon ond sale. If the detault ts nut cured on or before the date specifted In the rrotice,
<br /> I.ender, at tts optlon, may require immediate payment in full of all sums secured by this Security [nstrnment without
<br /> iurther demand and may invoke the power of r,ale and any other remedies permitted by Appticable law.I.cnder shall be
<br /> ent(tled to cullect all expenses incurred in pursuing the remedies provtded In thls pars�grnph 21,including,but not Itmited
<br /> ' to,e�easonable attorneys'fees and costs of title evidence.
<br /> It thepnwer ot sAle is invoked, Trustee shall rerord e notice of defsult in each county in which Any purt of the
<br /> Property Is I�cated.end shall mail copies ot such notice in the menner prescribed by applicable law to Borrower and to
<br /> � •� the other persons pmscribed by applicable law.After the tlme requlred by appl[cable luw,Trustee shall gfve pubUc nottce
<br /> : j of sale to the persons and In the manner prc�cribed by appltcable Iaw. Trustee, without demand on Borrower.shall sell
<br /> ' the Property ai public auction to the highest bidder at the tlme anci place und under the terms desi�nated in the notice ot
<br /> �Ic in one or more parcels and In any order Trustee determines. Trustec may postpone sale of all or anypa rcel ut the
<br /> ' • Property by public nnnouncement at the tlme and place of any prevtously scheduled sale. Lender or its des[gaee may
<br /> pnrchase the Property at any sAle.
<br /> ' Fo�a�3028 9/90
<br /> Papo 6 of 8
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