|
� �
<br /> K,.,...,�..,..��..,��w....__.._.__ - -- - --_ ....:,.... ... _......_.._...... - ----
<br /> . ., - 1103'70
<br /> , J 6.Ho�rower'�CopY.Borrower slidl he�iven one c�nfnrmad copy of the Note and� ie Security Inntnim�nt.
<br /> • 17. Tnnsfcr ot tha Propert ar a Beaeticid Intere�t in Bor�ower. If�II or�ny p�rt of the Property or�ny
<br /> interoet in it ie Anld or tnneterred�ur if�beneticid interest in Hc�rrower is rold or trenslerral�nd I3orrower ie not e
<br /> n�tur�l �r�n) without I,ender'e pr�ar written coneent,I.ender mry,at itno tiun,require immodieto pxymont in fuil of
<br /> all aume nec:�ral by thia Security li�etrument. Huwever, thie opti�n ahd�not be exercised by l,onder it exercise is
<br /> prahibitod by fede�al I�w�a uf the dstn ot tl�ie Security Inetrument.
<br /> lt i,ender exerciees thie oPtion,Lender ah�ll Qive$orrower notice at�cceler�tion.'('he notice sh�ll pruvido a perind
<br /> ot not 1e�th�n 30 daye from the d�te the nntice ie delivered or m�ilad within which$orrower m�uat�y all Auma rbc:ured
<br /> hy th9K Sa:urity lru+trument.I�Borrorver f�ile to p�y theae eums prior t�the expiration of thie period,l.endar may invokc
<br /> uny re�ne�ies permitted by this Ss:curity Inetrument withaut�urthnr noticeor demand on t3orrower.
<br /> 18. Eorrower'i Ri�ht tu Rein�tate.If Borrower mate certain conditione,Borrower ehall have the ri�ht to heve
<br /> enforcement o[thie Securit�lnetrument dixontinued�t any time prior to the earlier of:(a)S dayF (ar such other periai
<br /> es npplic�ble iew may�pecify for roinetatement)beforo eale oi the Property pureu�nt to any power�t sale containai in
<br /> this Sr,ourity InatrumeRt;or (b) entry ot a jud�ment antorcin� thie Secur�ty Instrument.Thoee conditions sre that
<br /> fiorrower. (a) pYe i,ender�U aums Nhich than would tse due undm� this Sxurity Instrument�nd the Note as it no
<br /> acceleration t►ad occurred;(b)curoe�ny de[�ult of�ny other covenants or a�reements;(c) p�ys all expenAes incurred in
<br /> enforcing this Security Instrument,including, but not limited to,ru�eonable attorneys'tas;and(d)takes such action as
<br /> l.ender msy roaeonably requiro to assuro that the lien ot this Sxurity Instrument,l,endor's riehts in tlu Yroperty and
<br /> Borrower's obli�tion to pay the aums exured by thia Security Inetrumentehall continue unchanQed.Upon reinetstement
<br /> by I3orrower,th�s Security Instrument and the abliQ�tions Aocured henby shall romain fully elfoctive as it no acceleration
<br /> h�d occurred.However,this ri�ht to reineute ah�l l nat apply in the caee af�cceleration unde�par��raph 17.
<br /> 19.Sale of Noto;C6�a�e ot Lwn Servicer.The Note or a partial intercst in the Note(together with this Security
<br /> Instrument)m•y be eold one or more timea without priar notioe to Borrower.A sde m�y result m a ch�n�e in the entity
<br /> (known ae the"Loan Servioer")that collecta monthly paymenta due undor the Note end this Security Inetrument,T'herc
<br /> also may bo one or more chan�ee of the Losn Servicer unrelatod to�eale oi thc Note.If there is a change ot the L.oen
<br /> Servicer, Bormwer will be�iven Nritten notive oi the chan�e in�ccordana with paragraph 14 above�nd�pplicable law.
<br /> The notice will st�te the n�me�nd addreee ot the neN Ltian Servicer and the addroes to which payments should be madc.
<br /> The notic�will also contain any other information requira�by applicable I�x.
<br /> 20. liaaardow Subitaace�.BorroNer slull not cauee orpermit the preeence,use,dispoenl,stora�e,or roleaAO of
<br /> any Hszardous SubsUncee on or in the ProPerty.Borrower ehall not do�nor alloN anyone olse to do,anythin�aftxting
<br /> the E'roperty that is in violation of�ny Env�ronmental Law,The preoedin tMO eentencee sh�ll not a�y tn the reaence,
<br /> i�, or etora�e on the Prnperty af em�ll qwntities of H�z�rdons Su�nces th�t �re eeneralfy roco�nize�d to bc
<br /> spprop riate to normal reeidential uees�nd to m�inten�ncx ot the Pr»perty,
<br /> Sorrower shall promptly�ivo I,ender writun notice ot�ny inveetieation,claim,demand,laNSUit or other�ction by
<br /> any �overnmental or ro ul�tory ��ency o� privato perty involvinR the Property and an H�zrrdoue Subetana or
<br /> Environm�ntal I,�w ot w�ich Borrower fue�ctwl knoMled�e.If Borro�ver le�rne,or is noti�ed by any�ovarnmental ar
<br /> re�ulatory suthority, that �ny removal or other remediaUon af any H�urdoue Substanco attectin� the Property is
<br /> r.��r;,�t'r:�tY':h:!1�m i!{! :��!n.:.,.�:;�o���a3�:S i�ii�i�uin a�ivruanw wiinEnvirvnma►�ai L�v.
<br /> Aa used in this paraYraph�, H�zsrdous Subet�ncea"�ro thaee subeunae detined�e tocic or haurdous subetancrs
<br /> by Environmenul L,aM�nd the lollo�rin�eubetanoe�peoline,keroeene.other il�mmable or toric petroleum producta,
<br /> to�ie �eeticides �nd herbicides, vol�tile eolvents, m�teride oontainin �sbestas or tormaldehyde, and ndiwctiva
<br /> mntenale:As ueod in this pera�raph 20, "$nvironmental LN" mam f�l I�Ma and liMS ot the juriediction where tho
<br /> Property ia located thtt rcl�te to halth,edety or environmental protectiori. �
<br /> NON`WIFORM COVENANTS.BorroMer and I,er�ler turther oovorunt�nd�jtee�e tollo�x
<br /> . � ZI. Aooelention; Remediea. I.,ender �hall �ive notice to Borruwer prior to scoebration foUowin=
<br /> 'Borrawer�breac6 of any covensnt or a�roement in t6is Security Instrumant (but sot prior to acoelerition
<br /> under par�tnp6 17 uolaa applicsble law providea otAerwise).7'he notioe shall apecify: (a)the det�ult;(b)the
<br /> �etia roquind to eure the det�ult; (c) a date, eot lea tban 30 day�from tbe d�te the notica i� �ivea to
<br /> Borrower� by whicA t6e dehult rt�wt be cured;aad (d)tbiat tailure ta cure t6e dehuit o�a or before t6e ila/e
<br /> specified io t6e notioe may re�utt in aooelention of the�ums secured by tsia Security lnrtrumeat and wle of
<br /> 46e Property. T6e�otke�hall furt6er infotm Borrower ot tbe ri�bt to reiestate dter acod�rstion�ad t6e
<br /> ri=6t to brin� a corrt iction to a»ert the non-eiistenoe ot• defaolt or any ot6er detee�e of Borrower to
<br /> soa�leratioo�nd wb. It the def�ult i�not cured on or betore t6e date�pecitied in the notioe, Lender. �t its
<br /> option. may;require immediate p�yment in tulf oi all aums rscurod by tbis SeG�urity In�trument without
<br /> turtber dem+��d and may invoke tbt power ot ale �nd.�ny other nmedier permitteA by appliable•,���v.
<br /> I.endor s6s11�o entitled to cnllect di ezpeniea iocucnd in pursuinj t6e remedia provided in tbia p�n�raph
<br /> �1,iecludi��.but not,l'a�►+�ited to,reasonable attorney�'tees�nd cwt�ot titl�evidence.
<br /> '• It the pawer of sale i�invoked,Trustee a6a1)record a notioe of det�ult in ewch couoty ia which any part of
<br /> t�e Property:ia located aad sball mail copies of�uch ootice iq tb�maanerpe�e�cribed by applic�ble law,jo
<br /> Borrower and�to t6�otber penon:,presceibed by�ppliable law. After the time required by�pplicable li�wr:,
<br /> Truatee sh�ll�iye public not�oe of pic to theperuous and in the manear preacribd by sp�►licabb law.Trustet;'
<br /> without denn�iod oa Bqr�rower,s6�it sell t6e Yroperty at public�uction to t6e 6ij6ert bidder#t t6e timeand
<br /> p1�ce and'ndder the tarxri�desi=nated in t6e notice of wle in ona or more p�rcal��nd in arty:iorder Trwtoe
<br /> determine�.Truatee 'rh�y postpone sale ot all or�ny p�rcel oi the Property by publtc�nnaun&meot at tbe
<br /> 1i�e and pt�ce at say•prov�ouily�c6eduled sale. Lender ar ita deii�nee may purchsse the Property at�oy
<br /> sa e. . . ,
<br /> �-01l�lu:�t►o� � P+►w �02�
<br /> r.�.e�i•
<br /> Initl�l
<br /> •t. �'4/f_r
<br />
|