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<br /> 1 b. F3�rro�ver"s C_'opy'.Boi'rawer shall be gi�•en cmc conformed copy nf the Note and oi this 5ecurity Instrumen'.
<br /> 17. 'Trans�er c�f thc Prvpert • or a I�cneficial Interest in Barrosser, If all or any part of the Prpperty or an}�
<br /> interest in it is sald or transFcrred�ar if a bencficial interest in Borroa�er is sold or transferred and I3arrow�r is not a
<br /> naturai per:.an)withaut I,ender's prior written consent,I.ender m�},at itc option,require immediate payment in full of �'
<br /> ali sums secr.�rcc� by this Secur'sty Instrunnent. Hawever, this vption shall not be escr�;zsed by [.ender ii r.zercise is �
<br /> prohihit�d by fedecal law a:.of the date of this Security lnstrument. �
<br /> � If Lender exercises this optian,I,ender shail give P,arrowar notice of acceleratian.The notice shall pravide a period
<br /> of nat I�s thaa 30 day;from the datc the notice is delivcred or mailed within which Bot rower must pay all sums se::ured�"'* �
<br /> by this Security Ins[rument.If Borrower fails to gay these sums prior to thc expiration c'this period,C,ender msy invoke�
<br /> a:zy remedi�s permitted by this Sccurity tnstrument w ithout fnrtrier notice or damand or�Borrvwer.
<br /> 18. 33arrower's Right to Re#nstate,if Borrowec meets certain��onditions,$orrower shall have the right to ha��e Q�
<br /> entc�rcement of thi.s�ecurity InstrumAnt discontinuecl at any time prior to thc earlier of:(a)5 days(or Such oiher perio$C�i
<br /> as applicable law may spr.cify for reinstatement)before sale of thc Property'�ursuant to any power nf sale containcd in C�
<br /> this 5ecurity ]nstrument; or (b) �ntry of a judgment entorcing this Se�:ur�fy Instrument.ThAse cunditions are thet
<br /> Borrower. (a) pays Lender all sums which then r�ould be due under this Security Instrument and the Note as if no
<br /> acceleratien had o�curred; (b) eur�any default of any othcr couettants ar agreements;!c)pays all eKpens�incurced in
<br /> enforcing this Securit5•Instrument,including,but not limited to,reasonable attorneys fas;and(d)takes such'action as
<br /> Lender may reasonably require to assure zhat thc lien vf this Sxurity Instrument,Lender's rights in the Yropetty and
<br /> �orrewer's c�bli gation tc pay the sums secured by this 5ecurity Instrumentshall continue unchar.ged.L7pon reinstatement
<br /> by Barrower,*.his Scsurit}�lnstrument and the obligations secured hereby shall remain fully effcc:tive as if no acceleratian
<br /> had occur:ed,FIowever,this right ta reinstate shall not appiq in the case oF acceleration under paragraph 17. ,
<br /> 19.Sala of Note; ChAngc of Loan Servicer.The Note or a partiaLinter�t in the Note(togethcr w ith this Security
<br /> Tnstrument):nav be sold one or mare times without prior notice tv BarroNer.A sale may result tn a change in 1.'.ie entity
<br /> (�:no'��n as the"l.,oan Ser�•icer")that collects mon�hly gaymen�,due under the Nnte and this Securit}'Instrument.There
<br /> also may be one or more changes of the Loan Servicer�nrelated to a sale of the Note.If there is a change of the I.oan
<br /> Servicer,Borroaer�vill be given written notice of the change in accordance with paragraph 14 abo�•e and applicable law,
<br /> 1'he notire n ill state the name and addr�ss o�?hc new Loan Servicer and ihe addF�s to which payments shvuld be made.
<br /> The natice wiil also contain any other information reqsired by applicable la��.
<br /> 7.Q. ILar.ardnus Subst�nc�s. Iiorrower shall not ca��se or permit the pr�sence,use,dispnsal,stc>rage,nr relea,e of
<br /> � sm' `�°_ws::.'uu<:Substances on nr in thc PrUpert)'.I3ntrnwer shall not do,nar allosv any�one else to da,anythingaffecting
<br /> the 1';opert�'that is in��iolatian of aas�Env�ronmentai I,aw.�I'he preceding two sent�nces sha11 not spply to the presence,
<br /> use, or stora�e on ti�e Pro�erty of small quantities af Hazardous Substances that are generally recognized to tiie
<br /> approoriate to normal residentiaf uses and to maintenance of th�Praperty.
<br /> �3orrower shall promptiy give T_ender written notice of any invcstigation,claim,demand,la��suit or nther action by
<br /> any g�vernmental or regulatory sgency or private party inti•olving the F'roperty and any.f-Iazardous Substancc or
<br /> �;�v:rnnmental Law of which f3orrawer has actual knowledge.Tf Borrower learns,or is notified by any governmental ar
<br /> regulatary auth�rity, that ar.y remo�•al or oth�r remediatian n[ any l�azardnus S��bstance affec;ting the Property is
<br /> nec�sar}•,I3��rroever s',iall promptly tnke all necessary remedial actions in nccordance with f:�viranmental l,aw,
<br /> As used in this��aragraph 20, "Iiaznrdous Sulxtances"nr�those substancGS d�tined ag toxic or haznrdoi�s substance.q
<br /> b}'�nvirnnmental La�v and the following subs?an�es:gasoline,keroser',nther flammable or toxic p:troleum products,
<br /> toxic prsticides and herbicides, �•olatile solvent�, materials containir�g asbestos ar formaldchydc, and radipactive
<br /> materials..�1s used in this paragraph 20, "Lmironmental LaN" means federai laws and laas of the jutisciictic�n whcrc thc
<br /> Property'is locatzd that rclate ta health,s��fety or em•ironmental protaction. •
<br /> NDN'UNIPOl�le4 CO��NN�1�'TS,iiorra�w•er and Lender furthercovenant and agree as follo�•s:
<br /> 21. AcceEeration; Remcdics. Lender shall givc nc�tice tcy 13nrro�ter prinr tn acceleration rollowin;
<br /> I3orro��•er's hreach oi sny cn��enant or agreement in this Secu;ity Instrument(but not prior tn acceleration
<br /> under paragraph i7 untess spplicable law prn�•ides otherwise)."The natice chall specify: (a)thc default;(b)the
<br /> action required to cure the dePnult; (c) a date, not less than 3n day�s from the date thc notice is gi�•en ic�
<br /> F3��rros�•cr, by �vhich the default must be cured; and (d)that failure to cure thc dePault on ar before the date
<br /> specified in thn notice may rosult in acceleration of the sums secured by this Se�arity Instrument and sale nf
<br /> ihc Prnpert}•. "Che notice stialt furihar in�orm Horroa•cr of the right ta reinstate aCter aceeteretion and thc
<br /> right to bring a or�urt action to assert the non-existence nf a de�aul: ar any qther dc(ense o( I;orrawer ta
<br /> acccleration and salc, I� ihe dcfault is not cured on or betnre thc datc speciCied in the notice, Lender, at its
<br /> option, may� rcquire immcdiate payment in Cull of a1) sums secured by this �ecurity lnstrument �r�ittiout
<br /> further demand and may invokc the pawcr of sale and any other remedies permitted b}� epplicablc iaw.
<br /> I�endcr shall be cntiticd to cvllect all expenscs incurrcd in pursuing the rcmedics provided in this paragraph
<br /> 2(, including,but not limitcd tc�,ressnnablc attorncys'fces and costs of title evidence.
<br /> I[the power of sale is invnked,Trustee shall record a nnticc of defau�t in each county in which any parl of
<br /> the I'roperty is Iocated and shall mail copies of such nr�ticc in the manncr prescribed by applicable law ta
<br /> �3orrnwcr and tn thc othcr persons prescribed by applicab(e ia�v. Aftcr thctime required by applicable 1e�r•,
<br /> "I'rustce shall g[vc public noticc of salc to thc persons snd in ihc manncr prescribed by applicablelew.'Cruste�,
<br /> «•ithout dcmnnd on 13orro�ver, shall sell the ('roperty at public auctian to thc highcst biddcr nt the timc and
<br /> ptace and undcr thc terms designated in the notice nf sale in onc oe m�re parccls and in any nrder Trustee �
<br /> determinas. Trustee may pvstpont sale o[all or any� parcc) o( thc 1'rnperty by public snnnunccmcnt at the
<br /> i;me ar►d pl�ct r,t sny previr.usly schcduled snle. Lender nr its dssigncc mey purchase the Prnperty at any
<br /> sale.
<br /> F�rm 302! 9/90 ,
<br /> �—BM(M1iEl�o+o�i.n i r.s.e.e e ini�I�H��.w�(,C�
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