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<br /> - F: �. �'� I?.Transfer of We�cope�tp or a BPaefidat Iatet�ss W Borrow�If all or�Y pa�t �P�Y
<br /> .�'° h � ��' is soid or uansf�d tar if a 6e�eficsial irne�st in Borrower is sotd or transfen�ed and Boaower is not a natural peison}wit2tout - �
<br /> 1 `
<br /> ` �-` � Eendec s prior wrBtten wnsent. Lender may.at iu t�ptioa, recluire imme�e paymeni in full of all soms s�by t�is
<br /> ,`. pti °r,_.
<br /> � ` Security Instramen�However,this option sha11 nat be exercise�by Lemder i�exer�ise is prahibited by f�deial law as of the date �;A•_
<br /> �. .'"�. of tbis Securzty InsEnune�st. � ,.
<br /> '� � if j.ender exenises this apuon.L+ender strall give Borrow�er natnce of acceleration.'i�e natice shall provide a periad of not ,
<br /> `�' �`_ '�` '(�� [ess than 3A days fmm tiie d�e the notice is delivee�d or mniled within wbich Borrower mnst pay ali surns seared by this
<br /> �;;,..�. °�� _ .
<br /> t . -:. Security Insuument.If Borrower fa�s to pay t6ese sums pr�or to the expiratioA of this periad,Ixnder may iavoke a�►rem� ,_�:
<br /> ` '`��,�`� '` � Pemutted by this Security Inswmeat withaut furthe�notice or demaad on Borroaer. _ .
<br /> - , ,, ``` 1 8. B errnw e r's i d t g h t t o R�t a s t a t a d f B o t r o w e r m e e i s o e R a i a o o n d i 6 o n s. Borrower shaU have she ri g ht to have
<br /> � .� enforcement of this Securiry �nstnunecl di�santimted at any dme prior ta the e$rlierof: fa)5 days(or such other periad as
<br /> ' ` :.° `,t BPPUcable !aw may specify for reinstatemem)before sale of the ProPe►tY Pursuant to any power of sate contaiued in s6is .
<br /> ` �'�� Secttrity� Thnse coaQids►ns aze that Borrowg�.(a1 PaYs
<br /> __ _ ��_.,�-__-�__^p*"�. �� r �enn, .rt•or(b)eatry of a judgment enfonc'sng this Security Luwmec►t- �f;:
<br /> a �.. �e;i w o�olP tinn barl�t_v_wstPd'(Ffl `':
<br /> _��. LC�QCr 8I1 SWILS WIIICO iti�l VvOt3Ia oc tittC tttittar iviy aa�iiiiij u�•:=.�r�di.v'sw..N"f.. i'�-- �- �,
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<br /> cwrs any deTault�of arry other covenants or ag�menis: tc)paYs a!!e�peases incamed in enforcing this Se�uity Inshumea�, �..,
<br /> � •._`:,J � � inctud'sng,6nt not�limit�d ro.reaso�abte atiomeys'fees:and(d)tak�s such actton as L e n der may reaso n a b l y require to assure • ��;�-
<br /> • that the lien of tivs Securiry Insuument,i.endsr's rights in the Praperty�d Borroa+er's obligation w pay the snms s�caued by �::*- -
<br /> . - , thi.s Security lnsmiment shall continae unchanged. Upon reinstateme�t by Bortower, this Se�ity Insuament and the �'�"
<br /> � - � �� obligations securEd hereby sHa11 remain fal1Y effe�ive as if no acceleration had occ�rred.Howeve�this right to reinstate sha11 �"':_�-
<br /> ".<'.�.�.`,��t♦::...;�':,��,'� not apply in the case of acceteisuon�nder paragrapb 17. �"'-
<br /> . , 19. Sate of Note; Chan�e of Loan Setvicer. The l�iote or a partial interesc in the Note (tngegher with this Security R;._..
<br /> ,�.': , .<:, :,:,.,�'�;> Instroment�may be sold one ar more tim�withaut grior notice to Bomoaer.A sale may resnit in a c7�wge i�the entity(Imoivn
<br /> i
<br /> as the"Loan Servtcer')tbat collects mnnihly paymenLs due undcr the Note and this Security 1ns�umeIIt.T6ere also may be oue . _�
<br /> ar more chaages of dte Loan Servicer unrelated to a sate of ttie I�Iote.If there is a change of the Loan Servioes,Bormwer w�be �::'�;
<br /> � :�'`'�... �::;.• �•..� � given written natice of the change in accordancc aritb parag�aph 14 above and applicabte law.The aotice aritl state the na�a auti
<br /> � - � address ef the new Lo�Service�and tise addre�s to which payments should be made.The notice w7l�alsa contain any othe� �;�_
<br /> ih
<br />°.; , �....�.
<br /> ��:�,, information required by-applicab2e law. ;;t•,
<br /> � "�' �..
<br />` � ?A.Ha7ar8ous Sabstanc�es.Boirawer sball not cause or penait the preseuce. ose. disposal,storage,os release flrf any
<br /> ` `�.;'F a.'-!�" ::- Hazardous Substances on Ar in the Property. Borrower shall not do,nor a]Iow anyane else w do, anything affecting the
<br /> � . �` -'
<br /> .. - °,;:,;;:.:' pmperty that is in viola4ioq of any Environmentall�w. The prececting two sentenc�es shall aot apply to the pr�sen:e.use. ur � _,.
<br /> .t��`� :.,. ` . ,r`� storage on the Property of smail q�aa�'suties of Hazardous Substances that are generally seoognizEd to be a�gropriate to normal �;�=
<br /> , " residential uses and to maintenance of ti�e Property. � -
<br /> � -�.�, s .. i: Borrower shall promptly give Lender written notice of an}r invesiigatlon,claim,demand, lawsoit.or other action by suy � .1
<br />�;,.', .. govemmen t a i a r t e g n l a t o ry a g e n c y o r pr i v a t e p a rt y i n v o l v i n g t h e P r o p e rt y a n d a n y R a z az+dn u s SaTo$t a n c e or Envirotunental Law
<br /> � '� � ^'��.��� of which Borrower has actual knowledge. 1f Borrawer leazns,or is notified by any govec�tal or regutatory anthority,that �ny
<br /> _ ::;::�r_.;....::�,i.:,,,:..:�, �sn�t.Borrowershall ro take .�.EV=.
<br /> , • any r�moval or oWe�cernediation of az�y Iia�ardous Substance affecting the Ptaperty P �Y
<br /> � ' all necessary remediai actions in accordance with Environmeatal Law. `�:
<br /> „ : ces
<br />:;,i:� �`.._� •. � •" ats used in this paiagraph 20,"Hazardous Substances"are those sabsiances defined as toxic or bazardous substances by ��,•Y
<br />- � � Emironmental Law aud the following substances: gasoline. kerosene,otIier flammable or toxic peuoleum�mduds, toxic • �-
<br />���%- • . , .. pestiaides and 6erbiades.volatile solvenis,mate;'sais conta#ning asbestos or far�atdehyde.and radioactiye maunals.As used in �W-
<br /> g:, .� : th�s para�raph 20. "Environmental Law" means federal laws and laws of the jsuisdiction where the Property is tocated that ��
<br /> relate to heaith.safety or environmental protection. • �'-
<br /> �••.. ., . .
<br /> � . . • NON UI�IIFOItM COVENANTS.Borrower and Lender further covenant and agree as follows: �,��.
<br /> = .:�':;• . ':.'� ._� 21.Acceleratton;Remed[es.Leader sball give notice to Borrower prtor to acce[eraHon fofIowiag Bomawer's�sreacb _ _
<br /> �,'� • ':; oY aay covenant or agreemeat ia tWs Security Instrament N� s�p�or 4o aooel�atlon��Ph 17 untess' �-
<br /> �. .. sppltcable!aw provtd�othervvlse).The nottce shall spedfy: Ea)the de�ault;(b)the adion to cure We defanit; �:-r
<br /> � �• (c)a date,aoi tess tGan 30 dsys Srom the date t6e natice is given to Borraower,by which the defaalt mmsE be care�and _
<br /> ' . ' (d)that faiture to cure.the default oa or 6efore the date s�acifted in the Qotice may nsWt tn acceleration oe the sum9 �_-•
<br /> ' � secared Ay this Sec�rky Inshvmeat and sale of the 1'roperty.Tfie notice shall farther inforra Boaower of the right to �,__
<br /> � retnstate aftes acceleratlon and the right to bring a court actton to assert the non-exis4enee of a defaWt or any other �..:,-
<br /> i��- :`� . ' ���'''r� defense of Soreower to aoceleratian anol sale. If the dePaWt is nos c+�red on or before the date spec�i7cd in the�ttce, �:;
<br /> �•'i � . ' - I.euder,at its optfon, may reyuire immediate payment tn fuU of all sums serured 6y ttils Securllp�dvment tvithout —_-
<br /> s�� �: ' ' �' . � further demand and unay invoke the power of sgte and any other remetties permittet�by appllcable��v.Lender shall be ...__
<br /> �'. . :. .� ,.�_.,._�' ;�. � eatitled tu coUect a!1 expemses inccured in pmsuln$4he remedIes pnovtdeid in t6is paragraph ZD,i�sluding,but ncY�imited , �
<br /> �` � to,reasfl�able attorneys'fees and oas3s af tltte evIdence. _:
<br /> � � �� . ' if she ower of sale is imoke�, T�v-�tee shall record a notice of defanit tn each munty tn whfch anY pSrt of the —•
<br /> '- � ° � � � prpperly ts�acated and shall mail coples of s�s$notiee in the mauner.preseci6ed 6y applt�able!aN to Borrower an�1 to . �:-
<br /> � '�°� - � � t6e othee persons prescribed by appltcable law.After tHe ttme required by applfcable Iaw,T�ustee shafi give publlc notlte 6_�
<br /> �',�: � ' :'; ,..• .' ' ot sele to the persoas and in t6e manner pressrib�d Dy appllcabte law._Tnutee,�vithout deraand on Borrower,sh�ll sell .
<br /> the Progerty at pu61lc auctlon to t�e ttigi�est bidder at the time and place aad ander the terms destgnnted in the oestce of �'-:
<br /> �;; ; .�• � . -:;�:
<br /> r•r _ . ";� :. sate io one os more parceLs and in any order Trustce detesmines. Trasta may p�stpoae sale of all or any pae�of t6e
<br /> :.� •� ' „, Pcoperty 6y publie a�ouncement ut the time and piacc of any prevIously schedated s�ate. Lender or[ts desi�e may •���,
<br /> ,;;� - . pnrchase the property At any sale.
<br /> �I' � ���' �' , ;.
<br />�;�4 � • . . Form 30Z8 9/90
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