. ..w . ,.�� . .
<br /> . � �,,a.,.,�,,�,�....._......_.__ �� - - _ __ -
<br /> . : �8- 1144i2
<br /> 17, Trsnrter of the Prupsrly ur R Iknedrl�l Interest in Burrowrr.If all ur uny part of�hc Propcny or any interest in it
<br /> Ih s��W or transferral(or if u beixficial inceresc in I3orrnwcr is sold or transfcrrcd und E3nrmwcr iti nc�t a nawral per,on) withnut
<br /> l,erxler'n prior writtcn conticnt, I.crxler nwy, ut i1x option, requirc immcdiaic paymem in fuU uf�dl sums +ccurcd by this
<br /> Sec:urlty lnstrument. Howcvcr, this opliun shall not bc cxcrdscvl by I.endcr if cxcrci�is prnhihited hy falcral Inw as of'thc dute
<br /> • of this Security Instrunxnt.
<br /> If'l.encler exerciseti thiti opticm, l.c�xler shall give Ek�rrower iwlice of accelerutirni. The notice tihnll provide u�xri�xl oP not
<br /> less than 30 duys from �he dute the notice is deliveral or msilcd within which &�rrow•er mutit pay nll sums tccured hy this
<br /> . Sccuriry Instrun�cnt. If Iiorrower fails tn pay these sums prinr to the expiration of this�xriexl, Lcixler m;�y invokc uny rrmcdicy
<br /> perniitted by lhis Security Instrument without f'unher notice or demunel on&�rmwer.
<br /> I8. Bc►reower's Rl�ht to Rd�rtMte. If Borrower mats certain cuixlilions, F3��rrower �hull huve the right to have
<br /> enfiircement of this Securil,� Imtrument discontiouai at a�y time prior to thc carlicr of: (u) S days(or surh othrr periocl as
<br /> upplicuble law rrwy specify for reinstatement) befocr sale of the Propeny pursuant to any pawc:r oF sale contuinod in this
<br /> 5ecurity In�trument;or(b)entry of u judgment enfo�ing this Security Distrument. Thiitie conditions ure that Horrower. (a)puys
<br /> Lender all sums which then wauld t�dua under this Security Instrument and the Nate as if no acceleration had accurred; (h)
<br /> cures any default of any nther covenants or agreements; (c) pay5 all expen.ses incurrai in tnforcing this Security lnstrument,
<br /> including, but not limi[cxl to, reuwrwble attomeys' fees; And (d) takcs such uc�ion as [.e��icr may reasonably rcquire to assure
<br /> that the lien of this Security lnstnrment. Lerder's rights irt the Properiy and Iiorrower's obligution to pay thc sum�secured by
<br /> this Security Instrument shnll continue unchangod. iJpon reinstatament by Borrower, thls Security Inurument and the ,
<br /> obligations socurat hereby shall remain fully effective as if no acceleration had occun•ed.Hownvdr, this right to rcinstate shall
<br /> not apply in the case of acceleration under paragraph 17.
<br /> 19. Sale o[Note; Ctu�nge o[ Lo�n Srrvker. The Note or a partial inte�est in the 1Vota (together with this Security
<br /> Instrument)muy bc suld une or more times without prior notice to Bonower, A sale may result in a change in the entity(known
<br /> as the"I.oan Servicer")that coltects nwnthly payments due undcr the Nate and this Security Tnsnvment. There also may be one
<br /> or more changes of the Loan Servicer unrelataf to a sale of'the Note. If there is a chAnge of the Loan 5ervicer, Rorrower will be
<br /> given written notice of the change in accordance with paragraph I4 above and applicable law.The notica will s�ate the name and
<br /> address of the new� L,oan Servicer and the address to which payments should be made. 'fhe notice will also contain any other
<br /> information roquired by applicablc law.
<br /> 20. �l�wrdous Subetancea. Borrower shall not cause or permit the presence, use, disposal. storage. or celease of any
<br /> Hazardous Substances on or in the Propeny. Borrower shall not do, nor allow anyone else to do, anything affccting the
<br /> Propeny �hat is in violation of any Environmental I.uw. The preceding two sentences shull not apply to the prcsence, use, or
<br /> storage on the Property of small quantitics of Hazardous Substances that arc generally recognizcd to be appropriatc to nornial
<br /> rcsidential uses and to mnintrnxnce of the Property.
<br /> Borrower shall promptly give L.ender written notice of any investigation,claim, demand, lawsuit or other action by any
<br /> governmental or r�egulstory agency or private party involving the Property and any Hazardous Substance or F,nvironr►Kntal Law
<br /> of which Borrower has yctual knowledge. If Bormwer learns, or is notified by any govemmental or regulatory authority, that
<br /> any removal or other remediation of any Hazardous Substance affecting the Property is necessary.Botmwer qhall promptly talce
<br /> all necessary remedial actions in accordanee with Cnwaro�nentel l.aw. .
<br /> As usod in this parngraph 20, "Hazardous Substances" are those substances definod as toxis or haxutclous substuacea,by
<br /> Environnxntal Law and the foUowing substances: gasoline, kerosene, nther flammable or toxic petroleum pc+e�uCts, toxic
<br /> pesticide.w and herbicides,volatile soivents,m�terials containing usbestos or forninldehyde,n�d radioactive materials.As•us�d in
<br /> this paragrriph 20, "Environmental I,�w" means federal luws a�itl•laws of tbe jurisdiction where the Propeity is Ipcnted that
<br />` relate to hailth,safety or rnvironmental protection.
<br /> NON-UNIFORtvI COVENAN7'S, Borrower and T..ender further covenane.and agroe as follows:
<br /> 21. Aoceleratfon;Tiemedles. L,endcr shall give ratke to Borrower priur to aoceleratinn folbwi�Borrower's breach
<br /> o[ uny covenant or ngreanent in'this Security Instrument (I�at not pripr to accders�Hon uader p�raQraph 17 unless
<br /> applic�bk bw prorldes otbenvise).'[4he iwtice stwll specify: (a)the defs�ult; (b)tl�e�ct{on rcqaired to cure the dehult;
<br /> (c)a d�te,not len tluin 30 days[rum the date thc ratice is�lvrn to Bonmwer, by which the def�ulf muxl be cur+ed;and
<br /> (d) t6�t tdlure tu cure the defwlt on or bda±e ttrc date apecified in t6e notice rruy result in�ccderatbn ot t6e euna
<br /> �ecund by thb Security Iustrument and sale ot 4•fie Property. The notice Al�sll furlMer IN'onn Borrower of t6e right to
<br /> reiatate �ha�sa�ela'ation And the right to bring a court action to acsert the noa-existence ot a def'ault or any�uther
<br /> de[eare a[�Borrower to nuoelecatloti and sale. It the de[ault is not cw�ed on or before the date spedfled in the udtice,
<br /> I.eoder, aC ib opbn, way require immedJpte pnyment(n fu�l o[all sums secured by �]►is Security Instrument w�lthout
<br /> Mrtber demand�nd may invoke Nie powa of s�lt And�ny other remedies permfttcd by�pplicable law.[.en�kr shw+l'De
<br /> entitled to odlect�►II expc�n+ey iocurred in punsuing tbe nmedies provlded in this p�ngrrph Zl, indudi�,but oot limked
<br /> to,rwosable anorneyr'tees and coets ot title evidaicr.
<br /> It the power of aale ia invoked, Tnutee s1w11 raord n ratke ot default in ach county in w6kh�ny p�rt o[the •
<br /> propaty Lc loated and sh�ll mall �i+}�ies o[such noticr in the manner prescribed by applkabte Is�w to Borrower ant�to ,
<br /> the dhar pe��+ons p�e�crlbed by spp�lic.�ble lww.AtYer the time required by applicabk I�w,Tn�sta sh�ll give publk,noRifie '
<br /> ot sde to We person�aad fn the manner pre�cribed by applkable Ixw.Trustee, without�nd on Sorrower,shall sell
<br /> the Rr+operty�t publk�uctbn to the highest bidder at the time and plsce And under the terms deaign�ted in the notice ot
<br /> �ple in aie or�morc parcels�nd in any order Tr�sta determines.Trustee niay poatpone spk ot dl or any p�rcd ot the
<br /> Property by pnblk announoanent at the time an+l pl�ce of any prevlously scheduled sak. L.ender or it� des�na may
<br /> punchtie tbe Property at any sale. .�.
<br /> Form 302a 9/90
<br /> Pp�5of6
<br /> ^ . ..
<br /> (; .
<br />
|