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<br /> •uP the Pro rty or n Beneficial Interest in Borrower. [f all or anp part of thc n�p°atural�nerson)rwithout �
<br /> 17. Trunsfe� I�
<br />' is sald or trAnsferred(or if a beneficial interest in Borrower is sold or tr�nsferred and Borrowcr is n t p
<br /> � I..enJer's priar written cnnsent, l.ender may. ut its aption, require immectiute puyment in full of nll tiums secured hy this �
<br /> �_
<br /> ,i�"• . Security Instrument.Howcver,this option shall not be exercised by i.cndcr iC exercise��pro�ubitui b)'fedcral la�ti�i����f thc dsitc —
<br /> of this Security Instrument. _
<br />` ,;,,,,_` If Lender exercises this option, Lcnder shaU give Borrower notice of acceleration. The notice shall proviJe u period a rn�t
<br />-=�^^�""°' . Iess than 30 days from the dAte thc notice is delivered or mailed wilhin which Borrower must pay all sums secureci hy this
<br />''`'''" Securiry instrument.If Borrower fails to pay these sums priar to thc expiration of this period.Lcndcr may invokc any rcmcciics
<br /> • . � permitted by this Security Instrument without fhrther notice or demund on Bormwer. _
<br /> 18. Barro�ver's Rlght to Reinstute. If' Borrower mects certain conditions, Borrower shall huvc thc right to huve !
<br /> cnforcement of this Security Instrument discontinued at any �ime prior en che euriier of: (a) 5 days (��r tiuch other period �.5
<br /> . applicablc law may specify for rcinstatemcnt) befare sule of the Property pursuunt to any power af sulc contuineJ in this
<br /> ' Securiry Instrument;or(b)entry of a,judgment enforcing this Securiry Instrument. Those conditions ure thiit E3orrower: (n>pirys
<br /> I.cnder t►II sums which then would be duc��nder this Security Instrument and thc Notc,i� if nu t�cccicration h:td i�ccurrcJ; (b)
<br /> � � ' cures uny default of uny other covenunts e�r ubrcements; (c) p:ry� all expenties incurred in enforcing thi+ Security Instrument.
<br /> a' :.>;. including, but not limited to, rcusrniublc uuc�rr.cys' fccs: aizd (d)tnkcs surh uction as L.cndcr muy rcuson.ibly rcquirc to ustiurc —
<br /> thut thc licn of this Securiry Instrument. I�:nder's rights in thc Pro}xrry und Rnrrowcr'+ubliguticm ei�piry thc sums yecurcd by
<br /> � . this Sccuriry instrunient shall continue unchtmged. Upon reinstutement hy Bom�wer, thiti Security Instrununt �uid the !.
<br /> , obligations secured hereby shall remain fully effective nti if no acceleration hud occurred. Howcver, ►his riglit to reinstate shall
<br /> � . ''" not apply in thc casc of ucccicrution undcr parugruph 17• _
<br /> 19. Sule af Note; Chnnge of le�uu Servlcer. Thc Nutc or n partiul interest in the Nutc (togethcr with this 5ecurity �
<br /> . Instrumcnt)may bc sold onc or morc timcs without prior r,ocicc tc�Borrowcr. A sulc muy result in a chungc in thc cntiry(k�tiown �x-
<br /> �.'^ + us thc "Loan Serviccr"1 that collects monthly payments due uudcr the Nocc and this Sccunty Instrument. Thcre nlso muv bc onc _
<br /> _ ��•���.�� or morc changcs of thc Laan Scrviccr unrclutcd to u salc uf'thc Notc. [f thcrc is a changc uf thc C.oun Scrviccr, Borrowcr will bc _
<br /> �,,,;;b,;' givcn written notice of the chnnge in:�ccordunce with paragraph 14 above and applicuble law.The notice will,tute the nume and �
<br /> addres, of the new Loan Servicer and the address to which paymcnts tihould be made. The notice will also contuin any other
<br /> ;, � " information required by a�plicable law.
<br /> `���"`' 20. Haznrdous Substances.Borcower�shall not cause or permit the presence, use, disposal, storage, c�r releatie of any —
<br /> .��� � Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the
<br /> '-�'�'������� Property that is in violation of uny Environmental LaN+• The preceding two sentences shull not upply to the presence,use, or
<br /> �;'�'r� storage on tne Property ui'biiidll yii�iltlttes nf Har=!rd��"Substances that a�e FeneraUy recognized to be appropriate to normal
<br /> '=�n.' residentiul uses und to maintcnunce of thc Property.
<br /> • Borrower shall promptly give L.cnder written noticc of any investigatiun, claim, demand, lawsuit or other action by any
<br />=.`:;�, ���, govcrnmencul or rcgulatory ugency or privutc purty involving thc Property and any Ha�ardous Substance or Environmental Law
<br />'��::;�.�-�,, . , af which Borrower has actual knowledge. If Borrower learns, or is notified by any governmental or regulatory authority, that
<br />'_`; ''�'' ' any removal or other remeJiation of any H:azardous Substance uffecting ihe Property�s necessary,Borrower sh�ll promptly take
<br /> =��',"-% �;' �• all necessary remedial actions in accordAnce with Environmental Law.
<br />"•';,;:; ` ,� As used in this paragraph Z0, "Huzardous Substances" are thase substanees defined as toxic or ha�ardous substances by
<br /> -,. ..�+s+�r'
<br /> . .I• Suviconmental Law and thc foUowing substances: gusoline, kcrosene, othcr flammable or toxic petrolcum products, toxic
<br />___„�,.,,,,x_ pesticides und herbicides. ��olatile solvencs, materials containing as6estos or formaldehyde,and radiaactive muterials. As used in
<br /> �>>+ - this paragruph 20, "Environmental Law" meuns federal laws und luws of thc jurisdiction wherc thc Property is locateci that
<br />�y,=.,,,�ry.,;,i�;�, rclate to heulth,safety or environmentul protcction.
<br /> • '-•--• NON-UNIFORM COVENANTS. Borrowcr and Lcndcr furthcr covcnant and agrce as follows:
<br /> w,.,.��
<br /> m;";:�,. 21. Acceleration;Remedics. Lender shall give notice to Borrower prtor to uccelert►tion follow[ng Borrower's breach
<br />---•-_�.i,�y,, .• • of any covenant or agrecment in this Securlty Instrument (but not prior to acceleratlon �under pui�agrnph 17 unless
<br />_�,;�,�, upplicable IAw provides otherwlse).The notice shull specify: (a) the defaulh, (b) the nction required to cure the defnult;
<br /> ` � ; (c)a date.rt�t Icss than 30 days fram the datc the notice is�iven to Borrower,by which the default must be cured;and
<br />;��•���-�,:; (d) that fa(lure tu cure the detautt on or befure tlie date speclCcd In the notl:� ma�� !•ese�lt in nccelPratlon of the sums
<br /> , , . � secured by this Secur(ty Instrument und sale of the Property. The nottce shall further infarm&►rrower of the rlqht to
<br />�-- . ._�..,.,; relnstute after uccelerallon and the right to brin� u court uction to ussert the non-existence of a deYuult or any ather
<br /> Y^� '�� .� '� defense of Borrower to uccrleratian and snle. If the default k not cured on or before tBe dnte specified In the nuttce,
<br /> `- Lender, at its option, mny require immediute payment in full uf ull sums secured by this Securitv[nstrument without
<br /> ::.a":'�::�. t ' furthcr demand und may invoke the {xnvcr of'sule und any other remedi�; permitted by appltcuble law. Ixnder shull be
<br /> "'"" ' entkled to collect all expenses Incurred In punuin�the remedies provided in this paraFruph 21,Including,but not Ifmited
<br /> ` to,reusonable attorneys'fecw iutd costs of title evidence.
<br /> '•• Y' If the po�ver uf sale is invoked,Trustee shull record u notice of defuult in euch «�lcnble la�v�to Bo ro,er und to
<br /> ,: � Property is located und shull muEl roptex uf such notice in the munner prescrlbed by app _
<br /> the other pers��ns prescribed by i�ppliu�!►le lu��•. After the time rcyuired by uppltcuble luw,'['rust��e shull give public notic:e
<br /> '�� of salc to the persons and In the manncr prcm,ribed by applicuble luw.1'�vstee, without demund on I3arrowcr,shull scll . -
<br /> }' the Property ut nubl[c uuction to the hl};hest bidder ut Nie tlme and pli�ce und yn�r t�he terms desiFnuted y phe notice of _
<br /> salc iu one or mm•e purccls iuid in any m'der Trustc�e determines.Trustee ma tit ne sale of ull or nn urcel of the -
<br /> ' ' prope�Ky by public umiow�crment ut the t ime tmd E�liice of uny previously scheJulcd sule. I.ender or Its desl�nee may _
<br />. purrhasc thc Prupertv at any snlc.
<br /> �
<br /> Form 3028 �/90
<br />. ... .�. PaUO 9 0l G
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