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<br /> 17.Transier ot the 1'roperty or a 8ene�icial Interest(n Borrowcr.If ull or nny pnrt of thc Property or any interest in it
<br /> is sold or transferrcd(or if a beneficial interest in Aorrower is sold or trnnsferrcci and Borrawcr is not a natural person)without
<br /> Lender's prtor written consent, Lender may, nt its option, require immediate payment in full af ull sums secured by this
<br /> Security instrument.Howcver,this option shnll nat be excrcised by I.ender if excrcisc is prohibited by federal luw as of the date
<br /> af this 5ecurity Instrument.
<br /> If Lender exercises this option, L.ender shall give Borrawer notice of accelernttan. The nutice shall provide a periai af not
<br /> Iess than 30 days from the date thc natice Is dclivcred or mailed within which Borrower must pay all sums secured by this
<br /> Security Instrument.If Bonower fails to pay these sums prior to the expiratian of this period.Lender mny jnvoke any remedies
<br /> permitted by this Security Instrument without further notice or demund on Bon•ower.
<br /> 18. Bnrrower's Right to Reinstate. If Borrower mcets certuin conditions, Borrower shaU have the right to have
<br /> enforcement af this Security Instrument discontinued ut nny time prior to the earlier of: (a)5 days (or sach other period as
<br /> upplicabie law may specify for rcinstatement) before sale of the Property pursuant to any power of sale contained In this
<br /> Security Instrument;ar(b)entry of u Judgment enforcing thts Security Instrument.Those conditions are that Borrower;(a)pays
<br /> Lender all sums which then would be due under this Securlty Instrument and the Note as if no acceleration had occurred;(b)
<br /> cures any default of any other covenants or agreements; (c) pays all expenses fncuned in enforcing this Security Instrument,
<br /> � including. but not limited to,reasonable attorne�s' fe,es: and (d) takes such action as L.ender may reasonably require to assure
<br /> that the lien of this Security Instrument, L.cnder s rlghts in the Property and Borrower's obligation to pny the sums secured by
<br /> this Securlty Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument and the
<br /> obligations secured hereby shall remain fully effective as if na acceleration had occuned.However, this rlght to reinstate shall
<br /> nut apply in tl►e case of acceleration under paragraph 17. -
<br /> 19. Sale of Note; Change of Loan Servtcer. The Note or a partial interest in the Note (together with this Security
<br /> Instrument)may be sold one or more times without prlor notice to Borrower. A sale may result in a change in the entiry(known
<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 chan�es 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 written notice of the change in accordance wIth paragrnph 14 above and applicable law.The notice will state the name and
<br /> ' address of the new Loan Servicer and the uddress to which payments should be made. The notice will also conuun eny other
<br /> - informatton required by appltcable law.
<br /> 20. Hazardous Substances.Borrower shall not cause or pernut the presence, use, disposal, storage, or rclease of any
<br /> ' Hazardous Substances on or in the Property. Borrower shall not do. nor ailaw anyone else to do, a�ything affectfng the
<br /> Aroperty that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence, use, or
<br /> storage on the Properry of small quantities of Hazardous Substances that ure generally recognized to be appropriate to normal
<br /> residential uses and to maintenance of the Property.
<br /> � B�rruwcr�i,:�it pi�i���tty givz Z,�;ndcr v:rittcn naticc of any invG°iID^8i�4R, claim, dNmand, l�w���ir or other ectian bv any
<br /> governmental or regulatory agency or privute party involving the Property and any Hazardous 5ubsta»ce or Environmental Law
<br /> , of which Borrower has actual knowledge. If Borrower learns,or is notified by any govemmental or regulatory authority,that
<br /> any removal or other remediatlon of any Hazardous Substance affecting the Property is necessary.Borrower shall promptly take
<br /> ap nccessary remediul actions in accordance wlth Environmental Law.
<br /> • �' As used in this patagraph 20, "Hazardous Substances" are those substances defined as toxic or hazardous substances by
<br /> i. Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products. toxic
<br /> � pesticides and herbicides,volatile solvents,materials containing asbestos or formaldehyde,and radioactive rnaterials. As used in
<br /> : ,� this paragraph 20. "Environmentel Luw" means federal laws and laws of the Jurisdtction where the Property is located that
<br /> retate to health,safery or envtronmental protectton.
<br /> IvON-UNIFORM COVENANTS.Bonower and I.ender further covenant and agree as follows:
<br /> Zl.Acceleratton;Remedies.Lender shall give notice to Borrower prtor to acceleration foiiowing Borrower's breach
<br /> o[any coveaant or agreement In this Security Instrument (but not prior to acceleratton under paragraph 17 unless
<br /> appltcnble law pibvtdes otherwis=).The notice shall spec[fy: (a) the defAUi4; (b)the actlon required to cure the defaulti
<br /> (c) a date, not less than 30 days irnm the date the notice is given to Borrower,by whtch the default must be cured;and
<br /> 'r: (d) thet fatlure tu cure the default on or be[ore the dete specifted in the notice may result in accelmratton of the sums
<br /> secured by this Security Instrument and sale ot the Propert,v. The nottce shall further inform Bor�»wer ot the rtght to
<br /> ,,� reinststte atter acceleratton and the right to bring a court actton to assert the non-existence of a default or any other
<br /> �. defense oi Borrower to acceleration and sale. If the detault is not cured on or before the date specifled in the aot[ce,
<br /> � Lender, at Its optton, may requtre immediate payment in full of all sums secured by t6is Securtty Instrument without
<br /> �s further demand and mAy invoke the power of sale und any other remedies permittcd by uppltcable law.I.eader sha11 be
<br /> ' entitled to coUect all expenses incurred in pursuing the remedIes provided in this paragraph 21,including, but not limited
<br /> to,reasonable attorneys'fe;es and costs of t[tle evidence.
<br /> � If the power of sale Is [nvoked,Trustee shall record a notice of default (n each county in which any pnrt ot the
<br /> � Property is lacated and shatl mail coptes of such notice in the manner ptrscribed by applicable law to Burrower and to
<br /> the other persons prescribed by applicable law.After the t(me required by appitcuble law,Trustee shall give public notice
<br /> of sale to the persons and in the manner prescribed by applicaLle law.Trustee, without demand on Borrower,shall sell
<br /> , the Property at publtc auctlun to the highest bidder at the time and plece and under the terms destgnated in the nottce of
<br /> sale in one or more parcels And G�any order Trustee determines.Trustee may postpone sale of all nr any parcel of tlie
<br /> Property by public announcement at the Nme and place of any previously scheduled sale. Lender or its destgnee may
<br /> purehase the Property at any sale.
<br /> Form 3028 8/90
<br /> Pago 6 018
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