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<br /> 1 LOAN NO. . ����--�
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<br /> ` 14. Notic�. Any noticc to Borrowcr provided for in this�ccurity lnstrumcnt shall bc given by dclivcring it or by , :
<br /> ' mulling lt by first class mail unless applicablc law requires usc af unothcr mcthcxi. 'fhc noticc shall b�dirc:tcd to thc .
<br /> „ Properry Address or any othcr address Borrower designutes by nodce to L.ender, Any notice to l.endcr shall bc siven "
<br /> by f'irst clnss mail to Lendcr's �ddress stntcd hcrcin or uny othcr uddress Lendcr dcsigna[es by noticc to [3orrowcr. '_�:^
<br /> � Any noticc providcd for in this 5ecuriry Inscrumcnt shall be deemed to havc bcen given to Borrower or Irender when �
<br /> : � glvcn as ptovided in thls pnragraph. '-'=
<br /> 15. Govrrning I�aw; Severabiltty. This Securl[y lnstrument shall be governcd by fedcral law and thc law of thc �; �';;;;,;
<br /> ;, jurisdiction in whicl�[lie Property is locatcd. ln thc event that any provision or clnuse of thic Securiry Instrumcnt or thc ,rt.,.--
<br /> ,,,,b.�a�, Note conflicts with applicuble law, such conflict shnll not affcct other provisions of this Security lnstrument or thc Note .
<br /> �,,.�..�� which ca,h be Rlven effect without tha conflicting provisian. To this end the provisions ef chis Securiry[nstrument And a=;�_
<br /> • thc Notc arc dGClnred to bc sevcrable. :''"'`—
<br /> 16.Borr�wer's Copy. Borrower shall be given ane conformed copy of chs Note and of this Security le�strumena. r;,--_
<br /> � 17.Trans[er of the Property or w Beneticlal Interest In Horrower. If all or any pa�'t of the Propeny or:u►y interest �1�_
<br /> in it is sotd or transfened (or if a beneficial interest in Borrower is sold or transferred and Borrowcr is not a nutural E_'.-
<br /> , person)without L,endcr's prior writteu coa5ent,Lendcr may,at its option, requlre immedlate paymcnt in full of all sums �_ _.
<br /> � � secured by this Security Instrument. However,this option shap not be exercised by Lender if exercise is prohibited by
<br /> � fedcral law as of the date of this Securiry Instrument.
<br /> •� If Lender exercises this option, Lender shall give Borrower notice of acceleration.The notice shall provide a periad _
<br /> of not less than 30 days from the date the notice is deliveted or mailed withln which Bonower must pay all sums
<br /> secut�ed by thls Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, l.ender
<br /> may invoke any remedtes permitted by this Security Instrument without further notice or demand on Bonnwer.
<br /> � 18. Borrower's R(ght to Reinstate. If Borrower meets cei�tain conditions, Borrower shall have the right to have
<br /> , enforcement of this Security Inscrument discontinued at uny tlme prior[o the earlier of:(a)S days(or such other period
<br /> " as applicablc luw may specify for reinsta[ement)before sale of the Propeny pursuant to any power of salc contained in —
<br /> this Securlty Instrumen[; or (b) entry of a judgmenc enforcing chis Security Ins[rument. Those conditions ue that
<br /> . . Bonower: (a) pays Lcnder all sums which then would be due under this Security Instrument and the Note as If no
<br /> acceleratlon had occurred;(b)cures any default of any other covenants or agreements;(c)pays all exp�nses incurred
<br /> in enforcing this Security Instrument,including,but not llmited to,reasonable attorneys'fees;and(d)takes sucl�action
<br /> as L,cnder may rcasonably rcquirc to assure that the lien of this Security[nstrument,Lender's rights in thc Property and
<br /> Bonower's obli�ation to pay the sums secured by this Secutity Instrument shall continue unchanged. Upon
<br /> � reinstatement by Borrower,this Security Instrume,u and the obligation�secured hereby shall remain fu!ly effective as if
<br /> � no acceleratIan had occurred. However, this right to reinstate shall not apply in the case of acceleration under
<br /> paragrapl�17.
<br /> 19.Sale of Note;ChanRe of Loan Servicer. The Note or a part ial ihterest in the Note(together with this Security �
<br /> •__-- _-_- In�t�ur��eai};�ay 8c sald onc�r nore tfines wi�:out prior notic�t�Bo*rewer.A�?1e may result in a chanee in thc entity
<br /> � (known as the"Loan Servicer")that collects monthly payments due under the Note and this Securtty Instrument. 'Chere
<br /> also mny be one or more changes of the Loan Servicer unrelate�i to a sale of the Note. If there is a change of the Loan
<br /> Servicer, Borrower will be given written notice of the change in accocdance with paragraph 14 above and applicable
<br />- law. The notice wlll state the name and address of the new Loan Servicer and the address to which payments should
<br /> be made.The notice will also contain any other information required by applicable law.
<br /> 20. Hazardous Substances. Horrower shall not cause or permit the presence,use,dtsposal,storage, or release
<br /> of any Haaardous Substanccs on or in the Propeny. Borrower shall not do, nor allaw anyonc else to do, anything
<br /> affecting the Propeny that is in violation of any Environmental Law. The preceding twa scntences shall not apply to thc
<br /> . presence,use,or storaRe on the Praperty of small quantities of Hazardous Substances that are generally recognized
<br /> ' to be appropriate to normal restdential uses and to maintenance of the Properry.
<br /> � Borrower shall promptly give l.ende�written notice of any investigation, claim,demnr.d,lawsuit or other action bv
<br /> , " � any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or
<br /> �� �� Environmcntal Law of which Borrower has actual knowlcdge, If Dorrower Iearns,or is notiCed by any governmental or
<br />_ � regulatory authority, that uny removal or other rcmediation af any Ha7ardous Substance affecting the Propcny is
<br /> necessary,Borrower shall promptly take all necessary remedial actions in accordance with Environmentnl Luw.
<br />_ As used in this paragraph 20, "Hazardous Substances" are ttiose substances defincd as toxic or hazardous
<br /> y� • � substa�ices by Environmental Law and [he following substances; gasoline, kerosene, other flammable or toxic
<br />_ petroleum products,toxic pesti.cides and herbicides,volatile solvents.materials contalning asbestos or formaldehyde,
<br /> and radioactivc materials. As used in this pazagraph '1.0, "Environrnental Law" mcans federal laws azid laws of the
<br /> _° � jurisdiction where the Propeny is located that relate to health,safery or environmental protection.
<br /> NON-UNiFORM COVENANT3. Borrower and I.ender further covenant and agrce.as follows:
<br /> . � 21. Acceleratton;Remedies. Lender shull give notice to Borrower prior to acceleratlon followin�Borrower's
<br /> : , breach of sny covenant or agrcement in thls Sccurity Instrument (but not prior to ncccicratton under paragraph __
<br /> � 17 unlG,s applicuble law provides otherwise). The notice shall specfFy:(n)the default;(b)the action requtred to �;;:
<br /> cure the defeult; (c)a date, not less thun 30 da,ys from the dnte the notice is given to Borrower,by wh[ch the �:�;,,;,�,o;;-
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<br /> _ � . � Form30Z8 9/90 '4��.-�__
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