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<br /> ► 17.Trangfer�f the Property or a Beneticlal InEer�.�st in Borruwer. If ull nr any purt nf die Propc y or any intcrest in it
<br /> is sald ar trunsferrod(or if u beneficial interest in Bonc�wer is sald or transfcrred und Barrowcr is nat a naturul p�:raon)without
<br /> Lender'ti prior writtcn canscnt, L.ender may, ut it5 option, require �mmcdinte puyment in full of all tiums securc.�l by this
<br /> � Security Intiu wuent. Huwever. thia uptiun shull nut bc cxcrcisul by L,cndcr if cxcrcisc is prohibitcd by fcdcral law as of thc dntc
<br /> af thi9 Security Instrument.
<br /> If l.ender exercises thiti option,l.ender shall give Borrower natice of ucceleration.The notice shall provide a periad of not
<br /> less than 30 duys from the datc the natice is dclivered or muiled within which Barrower must pay all sums secured by thls
<br /> Security Instrument. If Barrowcr fails to pny these sums priar to the expiration af thls periad,Lender may invoke any remedIes
<br /> permitted by this Security Instivment wtthout further notice or demund on Horcowcr.
<br /> 18. Borrower's Right to Rett�s�te. If 8onower'r�eets certain conditions. Borrower shall huve the right to have
<br /> enforceinent of thia Securi�y Instnftn�'nf'�.i�condnued at an�timc priar to thc carlier of: (a) S duys (or sucl� other period as
<br /> applicable law may specifY for•r '� ., �r�� before sale f the Property pursuant to any power of sale wntained in this
<br /> Security Instrument;or(b)��p A enforcing thi9 Security Instrument.Those conditions are thst Borrawer:(a)pays
<br /> Lender all sums which then wauld be due under this Serurity Instrument and the Note as if no acceleration had occurred; (6)
<br /> cures any default of any other covenants or agreements; (c) pays all expenses incurrerl in enforcing this Security Instrument,
<br /> including,but not limited to. reasonable uttomeys' fees; and(d)takes such actian as L.ender may reasonably require to assure
<br /> that the lien of this Security Instrument,L.ender's rights in the Praperty and Barrower's obligation to pay the sums secured by
<br /> this Security Instrument shall continue unchanged. Upon reinstatement by Borrower. this Security Instrument und the
<br /> abligAtions secured hereby shall remnin fully effec[ive us if no acceleratian had accurred. Nowever, this tight tu reinstxte shull
<br /> � not apply in the case of acceleratian under paragraph 17.
<br /> 19. 5ale of Note; Change aF Loan Serviccr. The Note ar a partial interest in the Note (together with this Security
<br /> Instrument)may be sold one or more tim�without prior notice to Borrower.A sale may result in a change in the entity(knawn
<br /> as the"Loan Servicer") that collects monthly payments due under the Note and this Security Instrument.There also may be one
<br /> or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan ServIcer. Borrower will be
<br /> given wrttten notice of the change in accordar►ce with paragraph 14 above and applicable law.The notice will state the nume t�nd
<br /> address of the new Loan Servicer and the address to which payments should be made.The nntice will nlsa contain uny ather
<br /> Information required by applicable law.
<br /> . 20. HwzArdaus Substitnces. Borrower shall not causc ar permit the presencc, use, disposal, storuge, ar relcutic of itny
<br /> Huzardous Substances on or in the Property. Borrower shull not do, nor nllaw anyone else to da, anythins Affecting the
<br /> � Praperty that is in viulation of any Envimnmentul l.�w. Thc preceding two sentenccs shull not apply to thc prescncc, usc, or
<br /> storage on the Property of emiill qusntities nf Hw,�►rdous Substunces thnt are generally recognl�ed to be appropriate to nornud
<br /> resldentlul uses and ta mulntenuncc ot thc Pruperty.
<br /> Barrower chull promptly give Lender written notic�of uny investigution. elaim. demand. lawsuit or other action by any
<br /> govermnentul or regulatory agency ar privute party involving the Propeny und any Ha•r.ardous Subswnce or Environmental Law
<br /> • of whtch Bonower hus uctusl knc�wled�e. If Borrower Ie:�rns, or in notified by any governmenu�l or regulatory uuthority,that
<br /> any removnl or other remedi�tion of uny Hau�rdous Substance uffecting the Prapeny ts necessary,Horrower shall promptly take
<br /> all necessary remedlal actions In accordunce with Environmental I.aw.
<br /> ' As used In this paragraph 20, "Huzardous Substances" are those substences defined as toxic or hazardous substances by
<br /> . Env[ronmental Law and the following substances: gusoline, kerosene, other flammable or toxic petroleum praducts. toxic
<br /> pesticides and herbIcldes.volatlle solvents. materials containing usbestos or forrnaldehyde.and radioactive materials.As used in
<br /> ;: this puragraph 20. "Envtronmental Law" means federal laws und laws of the jurisdiction where the Property is locatal thut
<br /> �e; relute to heulth,safetq or environmental protect[on.
<br /> NON-UNIFORM COVENANTS. Borrower nnd Lender further covenant and agree as follows:
<br /> 21. A�celeration; Remedlcs. I.ender shAll give notice to Borrower prlor to acceler�tion tollowing Borrower's brench
<br /> of any cove�wnt or agreement in this Securlty Instrument (but not prlor to acceleradon under parAgraph 17 ualess
<br /> applicable law provtde.s otherwise).The nodce slu►II sPecify: (a)t8e default; (b) the act(ou required t�i enre the default;
<br /> �, (c) st date,not l�sss ttu�n 34 days from the date the notice(s g(ven to Borrower,by whtch the defAUlt must be cured;stnd
<br /> � (d) thst fAilure to cure the detault on or betore the date specifled(n the notice may result ta aocelerndon o[tht sums
<br /> secured by t�Yis Secur[ty Instrument and sale of the Property. The notice shaU f�rther tnPorm Borrower of the right to
<br /> •e rctnstete aRer accelers�tlon and the rlght to bring a court actlon to assert the non-existeRce of a def4nit or any other
<br /> � defense of Borrower to ooceleration and sale. It the default Is not cured on or betore the dAte speciHed in the nottce,
<br /> I.ender, nt its oEetion, mpy require immediate payment in full of all sums secured by thts Security Instrumeat without
<br /> further demand and mAy tnvoke the power of sxle end any other remedies permttted by applicable Iaw. Lender shall be
<br /> ' entttled to collect All expenses Incurnd In pursuing the remedies provtded In this paragruph 21,tncluding,but not limited
<br /> to, reASOnable�ttorneys'tees and costs of tltle evtdence.
<br /> If the power of sale is invoked, Trustee shall record a nottce oi default in each county In which any ps�rt o[the
<br /> Ih�operty Is lacated and shAll mail coptes of such nottce in the manner prescHbed by applicAble law to Bocrower and to
<br /> the other persons prescribed by applicable law.Aflter the time requtred by appticable law,Trustee sludl gtve publlc notice
<br /> of sale to the persons and In the manner prescribed by appUcable law.Trnstee, wtthout demAnd on Borrower,shall sell
<br /> . the Property at nublle suctton to the hfghest bidder at the ttme And place and nnder the terms deslgnstted in the notice ot
<br /> sale In one or more parcels and in uny order Trustee dMermines. Tivstee may postpone sele of all or any parcel o[the
<br /> Property by publtc announcement ut the time and place oi any previously scheduled ssle. Lender or its deslgnce mAy
<br /> � purchase the Property at any s�le.
<br /> � Form 3028 9/90
<br /> , Pape 6 of 8
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