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<br /> • 17.'I'ransfer of thc Praperty or u Hencflcial Intenst in Borrower. if all or uny pnrt of thc P operty���s�y�tefe�t
<br /> i ti�I d o r t r i i n tif c r r c a (a r i f a b e n s s c f u! i i i t e m s t i n H o r r o w c r i K sald or trunsfcrred and Borrowcr is not u natural person)without
<br /> L.endcr's prior writtcn consent, I.tndcr muy. at it�s option. rcyuirc imntcdiutc puymcnt in full of ull tiums sccurcd by t h is
<br /> Security[nstrument. Howevcr,this option shuU not bc excrcisai hy l.endcr if excrcise ih prohibited by fcdcral luw us of thc date
<br /> nf this Scrudty Instrument.
<br /> If I.ender exercises this option, l.ender tihall give 8arrower notice uf uccelcrntion. Thc notice tihull pre��ide u periad of nat
<br /> Iess thun :i0 duys from the date the natice is delivereci or mniled within which Rc�rmwer mutit puy i�ll wums secureJ by this
<br /> Sccuriry Instrumcnt. lf Barmwcr fails to puy thesc tiums prior ta the cxpirution��f thie periud,l.�:ixler muy invokc uny remedicti
<br /> permitted by thi.r•Sccurity Instrument without further noNce nr demand oi�Borrower.
<br /> 18. Horrower's Rlght to Relnstate. If Barrower mccts certufn canditians. Hnrrowcr shull huvc the right tn huve
<br /> enforcement of this Sccurity Instrument disccmdnued ut uny Nme priur tn the eurlicr af: (u)S dnys (i�r tiuch other pericxi uti
<br /> upplicabic luw may spccify far reinstatemenq beFore sule of the Property pursnunt ti� uny p��wer nf sule contained i❑ this
<br /> Security Instrumenr or(b)entry af u judgment enfarcing this Security Instrument,Tha.r•e conditinns ure thut Barrower:(u)puyti
<br /> Lender ull sums which then would be due under this Security Instrument und the Nate us if na accelerntion huJ occurred; (b)
<br /> cures uny defnult�f any other cnvenants or agrecments;(c) puys all expenses incurred in enforcing thi+ Security Instrument.
<br /> including. but not limited to,reasonable atwrne�s' fees:and(d) tnkes such actian ati L,ender muy reusonubly require ta ussure
<br /> that thc lien uf thfs Security Instrument, Lendcr s rights in the Aropeny and Barrawcr's abligution ta pay thc sums secured by
<br /> this Security Instrument shull continuc unchang�d. Upon reinstatement by Borrawsr, this Security Instrument and the
<br /> obUgations Eccurcd hcreby shull remaln fully effective as!f no nccclerntion had nccuned. Hawcver, this rfght to reinstute shull
<br /> not upply in the case of accelerntion uuder paragraph 17.
<br /> 19. Sale oi Notei Change of Loan 3ervtrer. The Notc ar u partinl intcrest in the Note(togcth�r with this Security
<br /> Instrument)muy be sold one or more times without prior noticc to Borrower. A sale may result in a chunge in thc entity(knowrt
<br /> as the"I.oan Servicer")that collects monthly payments duc under the Note nnd this Security Instrument.There also may be one
<br /> or mare changes af the I.oun Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer,Borrower will be
<br /> given written notice of the change in uccordance with paragraph 14 above und applicablc law.The notice will state the name and
<br /> address of the new Loan Servicer a�id the addr�ss to which payments should be made. The notice will alsa contuin any other
<br /> inforn�ation rcquired by applicabic law.
<br /> 20. Hazardous Sui�stances.Borrower shell not cuuse or permit thc presence, use, disposal. stora�e, or release of uny
<br /> Hazardous Substunceg on or in the Property.Bonower shall nat do, nor allow anyone else to da, anything nffecting the
<br /> Property that is in vfolation of any Environmental Law, The preceding two sentences shall not apply to the presence, use, ar
<br /> storage on the Property of small quuntities of Haaardous Substances that nre generally recognized to be appropriate to normal
<br /> residential uses and ta maintenance of the Property.
<br /> Bonower shell promptly give Lender written notice of any investigatian. claim, demand. lawsuit or other action by any
<br /> govemmentul or regulatory agency or privute party involving the Property und any Hazardaus Substance or Environmental Law
<br /> of which Borrawer has actual knowledge. If Borrower lesirns, or is notified by any governmentul or regulatory nuthority, that
<br /> any removal or other remediation of any Hazardous Substance affecting the Property is necessary,Borrower shAll protnptly take
<br /> all necessary remedial actions in accordance with Bnvironmental Law.
<br /> As used in this paragraph 20, "Hazardous Substances" are those substances defined as toxic or hezardous substances by
<br /> Environmental Law and the following substances: gasoline, kerosene. other flammable or toxic petroleum �roducts, toxic
<br /> pesticides and herbicides, volaiite solvenis,maieriuta c�aiui►�ing u�bcstvs o�faz-rrtatdehy3c,ar�d radiaactirc masensls.4s a�d fn
<br /> this paragraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Pcoperty is located that
<br /> relate to health.s�fety or environmental protection.
<br /> NON-UNIFORM COVENANTS.Borrower and Lender further covenant and agree as follows:
<br /> 21. AccelerAtion;Remedies.I.ender sholl give notice to Borrower prtor to acceleratton tollowing Borrower's breacb
<br /> of any covenant ur agreernent in this Security Instrument (but not prtor to acceleration under parritgrAph 17 unless
<br /> applicable Iaw provldes otherwise). The notice shall specify: (a) the default;(b)the acNon required to cure the default;
<br /> (c)a date,nut less than 30 days from the dote the notice is gtven to Borrower,by whfch the detault must be cuml; And
<br /> (d) t6at failure to cure the default on or before the date specified in the notice may result tn acceleration ot the sums
<br /> secured by this Security Instrument and sale ot the Property.The notice shall further in[orm Borrower oi the dght ta
<br /> retnstate at�er acceleration und the right to brtng a court actlon to assert the non-exlstence of a de[ault or any other
<br /> de[ense of Borrower ta acceleration and sale. If the default is not cured on or before the date spectiied in the notice,
<br /> Lender� at its option, mAy requtre tmmediate payment in full of all sums secured by this Securlty Instrument without
<br /> further demand und msy invoke the power ot sale and any other remedies permitted by applicable law. Lender shall be
<br /> entitied to collect al!expenses im�irred in pursuing the remedtes provtded in this paragraph 21, including, but not I[mited
<br /> to,reasonable attorneys'fees and costs of title evidence.
<br /> It the power af sale is tnvoked, Trustce shall record a notice of default in each county in which any part of the
<br /> Property is located and shAll mail copies of such notice in the manner prescribed by upplicable law to Borrower and to
<br /> the other persons prescrtbed by applicable law. Atter the time required by appltcable law.Trustee shall give publte notice
<br /> of sale to the persons and in trie munner pnscribed by upplicable Iaw.Trustee,without demand on Borrower,shAll sell
<br /> the Property at public auction to the highest bidder at the time and plsce and under the terms designated (n the notice o!
<br /> snle In one or more parcels a�d In any order Trustee determines.Trustee may postpone sale ot all or any parcel of the
<br /> Yroperty by publtc announcement at the time ard place of any prevtously scheduled sale.Lender or ite designee may
<br /> purehase the Property at any sale.
<br /> Form 3028 9/90
<br /> Pago 6 0l 0
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