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<br /> • • 4?. Ft�r_�ar af the Pto�erty►or S�ensfici2t Itrteres4 in Borrower.It all�r anyf pffit o!the Property or t 4;
<br /> ' � ` .. �• ;� any intErest tn ft Is sold ar banste�ed(or d a benefidal interest ir+Bortawer is soto or nansierrea a+�a 8inr�w�a�a�' -:�� , _
<br /> t . � prJSan)w�hout Lender's pdor wdtten conseM.L�der may.al Bs opUon.require immP-diate P��in Tull of aU sums seaued by •.,' �., ; '�:�_ '
<br /> 4,.�`_�, A' 4his Secwih I�►strurtt�d- itowevPr,thLs opUon sha0 not be exesdsed by Lender N exerdse is prohibited by tederal lKw as ot the , ,t•`f.:4 :� ':.} .
<br /> r:.?�•� dats of this 8eatrfry InsW�►tent. � � f -
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<br />_;` ,�� `:: .�` � ft 6ender mcerdses this option. Lender sheD ghre Bortower not�ce of acceteratlon. The aotice sheU provide a periad af aot
<br /> ``�� :. . `. -��� less than 30 days trom the dffie Ute noBce Ls de5vered or maHed wiil�h►wAich Borrower rsnist pay aD sums seared by this
<br /> ,°::' - od Lertder may hrvoke erry�anedtes •� ' ��.--
<br />_ ` g��y�ument H Bormwer fa�Ts to pay these sums priar to the e�frafion of ttil�s ped ���� ��� '
<br /> ; .
<br /> , „��;� ,' permitted by this See�ity h�sWment without furth�noUce ar demand dh Bortower. '
<br /> � �`,� ~:>" 18. �orrovYer's RigM to Reinsta8e. H Bortow�meets certatn condtions. Borrower shail have the dght to have ,� ; `-4-.`
<br /> � ' �[orcenad et ffiis Serlm'�I tnstrument d�►iUnued at any mne prior to the ratUes o!: (a) 5 days (or snch other pertod as r -
<br />-,.r. °..•.-�.:�'..-.�:-7: '� - "'�`-t..=�.-�.
<br /> appticabta law may specdyi for refisffitemenU 6dore sale of the fRop�ty Pursuar�t to arry power of sate contafned in Uils Seeuriry .
<br /> . `�`:`' Instnune�or(b)e�Y of a Iud�nent e�ardng this Security Instrum�nt.?hose eond�lons are that Borrower. (a)PaYs Lender all �.,`. '. , .�..
<br /> ''" seims whtch then wautd ba due under this Securily tnstrament and the Note as H no acceleration had occurte� @) cures anY c ,
<br /> . - �` defauR M arry other cavenarrt ar agreemenis: (e) PaYg all e�enses inairred a�esitorcing tlds Ser.urfli►im�umeni,iacG�ding.t�ut - ."`t
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<br /> not Qmited ta reasnnabta attomeys'tees:ead(d?ta�s sueh adiort as Lender may reasonably�ecloire to assure tliat the 6en of �``
<br /> ' this Seixu(ty► Ins6ument. L�der's rfghts in the Frope�ty and Bortower's obGgation to PaY the sums seaued 6y this Securily , ` ,k. --_
<br /> . r, ' p- _ ._.
<br /> :,<i� Instrumertl shall corAinae unchange� Upon reinstatemerR by Bortower, this SeuuitY Ins6ument and the o6IIgatiotr�the c�se �•�'' ,� .
<br /> . heceby shafl remain ltdly►etteetive as it no acceteration had ocanred. However,this d91n to reinsffite shall not aPPN :- �r -. .-
<br /> "--�_�-----_�-..� ot accetetation under P�S�P�17. - -°_�_
<br /> .�r�,,< 19. S8I0 of {�l0'[0: ChBnSe Ot L�e� �8fWCe�.The Nate or a e partfal interest tn the Note (tagether wftb this -
<br /> " 3ecurity Instrumart)may be sotd one or more�wkhont pdor notice to Bormwer.A se►e may resuft tn a change in the entriy =_ _
<br /> ..,4 (tmovm as the'loan 8ervlcer°)that co4ec�moathry paymerds dus under the Note and this Secudty Instrume�. There etw may =- ~°�.°---
<br /> Ee one m mare changes ot the Loan 8ervicer unrelated to a sate o! the IVote. ft there is e cha�ge of the Loan Servfcer. �K's_T _ _
<br /> :�• r •• � 8ortowei wID be Stven wrhten noUca ot the change tn aceotdance with pera�apb t4 above and appiiceble taw. The noYce v�li
<br /> _ ` steYe the name and address of the n�w Loan Servtce7 and t�e ad�ress to whtoh payments should be made. The notice vna slso �._`__
<br /> '. _ , , contatn eny athet infocmatlon�equlred hy aAplleobte taw. � �__:. :..
<br /> • 20. Heaerdou9 Substaneea eartower sha0 oat cause ar permit the preseace.use, dtsp°sai. st°raSe.or c�ease of �,--..
<br /> • t any Ma�dous Su6stances o�or in tfie Peayeryt. Qortow�sha[I not do, nor e�ow anyoae etse to do.enyMtng aftecGng the �•__
<br /> �..__;, to the presence.usa, o� "`
<br /> ` Prope r t y that is tn viotation of arry Envhomnentai�Law. 'fhe preceding two sentences shall not apply s to nam�al - '-'-
<br /> . " ' :.` 'storage on Me Property of smaU quanUflas of Hazardous Substances that ere 9eneranttyy reco�zed to be aPprePrfat �
<br /> . . .:�'4; resldanTlal uses end to ma(ntenance of ffie Properiy. � -
<br /> •;• • BoROwCr shatl promptry give Lender wrltcer► noUce ot any invesUgetlon. ctaim. Qenazid. Iawsuri or other action by any �. --
<br /> • � ' � �.��:' govemmenmt or regulatory agw�cy or private pa►lY tnvolving tfie Property end any Hezardous Substence or Emironmerttal Law of a �
<br /> _.:.`..�..,,:�..._.,,��:_'�., --
<br /> which Botrower has acWal&ne�eQge. H Bortower teams.or is notifled by any 9ovemmentel ar regulatory suthority..that any �`•�_'�,•r_---
<br /> � ' � �� removal or other remedtaUon of any Hazardaus Substance aflecdng Property ts necessary. Borrawer sbail prompt{y take aft .., __—_
<br />� . .�1.��.., � � necessery rememal adtons tn aaardance wfth Emlronmental Law. ,:' _--- __
<br /> f� " . �• ` � As used In th(s paragraph 20. `Hazardous Substances'are those substancea QeBned as to�dc or hamrdous substances 6y �:�. ��,L
<br /> `, .. . EnvUonmental Law and the toffowing su6stences: 9asoline, kerosene, oth2r flammabte or toxic petrotwm products, tmdc - --
<br /> . pesUddes and herbiddes,voTaLle soMents, materia�s comafiinS as6estos or fannaldehyde,and radtoacdv s��d9 tha�t relate o �~
<br /> % � � �' .. . ;, paragraph 20, 'Environmerrtal law' means tederai Iaws and taws oi the jurisd�ction where the Properry � -,;. .� --
<br /> . • ha�tte.satety or envtronmental pratectlon. _`_'�
<br /> � � ,r ' NON-UNtFOA'V!CCVENANTS.Bortowes and Lender turther wvenarrt and agree as to�ows: �a •.,;t•.;'_'---
<br /> � :��'y:�..
<br /> - 21. Accataration; Ramedies. Lender shali give notice to Borrower prtor ta acceteration , _ _
<br /> ,' � � fo{tawing 6onower's 6reach of any covenant or agreement In thts 5ecu�ity tnshumen4 (but not . �+,:-''. '��.._.T_—
<br /> � • prior to accolera4ton under paragre�h 17 untess appUcabte law pravid�s o4herwise). The �aR1Fe �- ;�n �_.
<br /> - shall speci4� (a) tE�e aletaui� (b) 4he action requtred ta cure the dafault; (c) a date, not lese than � �.' �
<br /> '. 30 days 4rom the date the notice ia gtven to Borrower,by whlch the de9ault must be cured; and =
<br /> ,. , E ;-
<br /> (d} that tait�re 4o cure the dotault on or 6etore the date s9ecified in the notice may result irf -y�,..,__,
<br /> ;., � .: acceleration af th�sums secured by this Security tnstrument and sate af th�Proporty.The noilce _,r, -
<br /> �.�., ,�, ' •;: shall further iMorm Borrawer af tP►e rlght to retnstate after accetera4ian aufd the Nght to bring a .:s
<br /> • ' court action to asseR the non-enistence ot a deisutt or any other desense of Bonower to _��'J , . -- _
<br /> " , �.' .' � - acceleratiom and sale. it the de4auit is not cured on or betore 4hs date specffied in the notice, -1-,;---_
<br /> � .�.:._,
<br /> ' � � ' L.ender at its optton may ►equire immedlate payment in 4ti11 01 aU sums secured by this Security .-�__-,.,,;.;�.
<br /> � � �� fastrumeM w(th�ut further demand and may invoko the power oi eale and any ather remedles , ����`����-
<br /> '� ; ' � ' '� permttted by appltcable law. Lender shail 6e enMted to collec4 al! expenses incuned tn pursuing . : �• �� —
<br /> ,�.�: .::.�..,
<br /> � the retne�iea ptavided tn this paragraph 21, inctuding,�but not limited to. reasonable attomeys' •' ��:�-:�..�::
<br />_ ,.... _ :t
<br /> • �• fees and cosqs of titie evidence. ,• - •.��:' .•.
<br /> '� If the pawer of sate is invoSced, Trus4eo shall record a natice of defauk in eacfi county i� , .
<br /> ' � • whtch amt part o! the P�operty Is located and shall mait coptes of euch notice ia the manner r __ _�__
<br /> � . .� prescribed 6y ap��tcab�e taw to Sorrower and to_the other peasona presceibed by applicable Iaw. ..�_:}`{J=�.r,
<br /> - � , After the ttr��required by applica4�le law, Trustee ahall give publtc notice o4 sate to the persons .
<br /> � and in the manner prescrlbed by appficabte law.Trustee, without demand on Banower, shall sell
<br />. ' �. � the Properry at pubfic auation to the hlghest bldder at the time and place and u�dar the terms
<br /> . destgnated in 4he notice ot eale in on� or more parcefs and In a�ry order T�ustee detennines.
<br /> � Trustee may poatpone sale o! all or a�ry parcel of the Rroperty by public annauncemant at the
<br /> , ' Ume and place of any prevlously scheduled sale. Lender. or ite designee may� purchase t�e . .
<br /> ._ : . � property at any sate. � .
<br /> Upon rocetpt of pay�ent M 4he prica bld, Trustee shati deliver to the purchaser Trustee's .
<br /> � deed conveying the Property.'Phe recitata in th0 Trusteo's de�d shali be prima tacio evtdence of . .
<br /> � ' the t�uth of tHe statements made therein. Trustee shati appty the proceeds of 4he sale in Qha �.
<br /> . •- � ' . foltowing order. (a) to all costs and expenses of exercising 4ha power of sate, and the sale, � • �
<br /> �� • - . � . Inctuding the payment ot the Trustee's Tees actualty incurred, nat to exceed three • •
<br /> „�. _ � % di the prirtcipal amouM of ttee . .
<br /> �� note a4 the timv ot the declara4ion of default, and reasonable attorney's faes as permitted by law; ,.
<br />'f='::� (b) to all suma secured by thls Securtty InsUument; and (c) any excess to the person or porsona . • •
<br /> �;, . ' t' . legally entitled to it. : .
<br /> ' F1316.LM0(11971 Pagr.4 of 5 ii� .i� � . ' ..
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