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<br /> 17.Trunsfcr nf thc Pro��Ky nr u Bcneflclul Interest In Unrrowcr.If:dl ur c�ny p�u�t ul thc F'ruperty ur any intcrest in it �.
<br /> is,u ld��r trans fcrrc d (n r i f u h c n c t i c i a l i n t c r e s t i n f 3u r rc�wcr is,old ��r trunyfcrrcd and f3urruwcr is nc�t a nuturul p�r+un) �vithuut
<br /> (.sndcr'� prinr wriucn cunticnt. l.�ndrr muy. �it its optiun, rcyuirc innncdiatc puynurnt in I'ull ut' all �ums sccured h�� t his F,
<br /> , Securiry Instrument. Hnwever. this option+hull nc�t he exercitied by I.endrr if excrci,e is prahibited hy Iederul luw us c�f thc dute
<br /> i�f thix Scrurity Instrumcnt. 4
<br /> . If I.cndcr cxcrci+c+this i�ption. Lcndcr shull givc Borrowcr rn�ticc of ncccicratiun. Tl�c ni�ticc+hull prnvidc u periud of nut -
<br /> . .. ., Ic+, thun 30 Juy+ fr��m thc datc thc nuticc i�dclivcred or mailcd within which Uorrowrr ntust pay all tiunts ,�cured hy this
<br /> „ � Sccuriry Instrutncnt. If Borrowcr fails tc�p�ry thcse�ums prior to thc cxpiration uf'this period, LcnJcr muy invnkc any rcmedic+ (0 ��-
<br />- .�.rw� permitted by this Sccurity Instrument without furthcr noticc or dcmund on Borrowcr. � __
<br /> ;•s,vws�.r�Ml� l8. Hm•rowcr's Ri�ht ta Reinstatc. If Borrowcr mcctti ccrtuin conditions, Bnrrawcr tihall huvc thc right to huvc � `
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<br /> •�� '�' cnforcemcnt of this Sccuriry Instrumcnt discontinucd ut uny timc prior to thc curlicr of: (u) 5 Juys(or surh othcr period uti� �
<br /> applicable luw muy spccify for reinstutemenq before salc uf thc Pn�perry pursuant to uny power of sule containcd in thisF„r �-
<br /> Security Instrument: or(b)entry of ujudgment enforcing�his Security Instrument.Thuse conJitions are thiit Borro�ver: (a)pa+ys� �.,=;
<br /> �• Lci�der all sums which then would be due under this Security Instrwnent und the Note as if no acceleratiun hud accurrul; (b)� �;;
<br /> • "+ cures any dcfault of any ather covcnants ar ugreements; (c1 pays ull cxpenses incurred in cnforcing this Security Instrument,�
<br /> • • „�, including, but not limited to, reusonable auomcys' fces; and (d) takcs such action us I..�nder may rcasonably require to assurc _
<br /> ° �; that the lien of this Sccurity instrument, Lcndcr's rights in the Property and Borrnwcr's obligation to pay thc sumti securcd b�
<br /> � this Securiry Instrument shall continue unchanged. Upon reinstatcment by Borrower, this Security Instrument anJ the _
<br /> � obligutions secured hereby shull remain fully effective us if no acceleration had occurred. However, this right to reinstate sliall _
<br /> F not apply in thc case of acceleration under puragraph I7.
<br />_ • �' 19. Sale of Note; Chan};e af I.aan Servicer. Thc Natc or a purtial interest in the Note (togethcr with this Security
<br /> InstrumenU mny be sold onc ur more times w•ithout prior notice to Borrower. A�le may re�ult in a chnnge in the entity(knuwn _
<br /> ps the"Loan Servicer") that collects monthly payments duc under the Note and this Security Instrument. There alsa may be one
<br />_, or more changes of the Loan Servicer unrelated to u sale nf the Note.If there is a chunge of the Lnar�Servicer, Borrawer wiU be
<br /> given written notice of the change in aca�rdunce with paragraph 14 ubove and applicuble law.The notice will stute the name and
<br /> '� �i uddress of the new Loan Servicer and the uddress to which puyments shoulJ b� made.The notice will iilsi�contuin any other
<br /> inforntation requircd by applicnblc law.
<br /> 20. {-IAr.ardous Substunccs. Borrowcr shull not cuusc or permit thc presence, tisc, disposal, storagc, or rcicusc of uny
<br /> Hazardous Substunccs on or in the Property. Borrowcr shull not do, nor allow anyone else t� do, anythin� affecting the
<br /> Property that is in vialation of any Environmental Law. The preceding two sentences shall not apply to the presence, use, or
<br /> 5 storage on the Propeny of smaU yuantities of Ha�nrdous Sub�tances thut arc generslly rccognized to bc apprupriate to normal
<br /> ', residential uses and to maintenance of'the Property.
<br /> � . Borrower shall promptly give Lender written notice of any investigation, dtiim, demund,lawsuit or other action by any
<br /> � _ governmental or regulutary agency or privatc purty invnlving the Property and any Hazardous Substnncc or Environmental Luw
<br /> " " --- - of which Horrowcr has actuai icuuwlc.ib�• It'Barro::c:l:�sr.s, or i��r.�tiftes!�� any onv���nlrnud �r reeulatory authoritv, that a
<br />- • any temoval or other remediution of any Huzardous Substance affecting the Property is necesyary, Borrower shall prornpdy take
<br /> all necessary remcdial actions in accordance with Environmental Law.
<br />- As used in this puragraph 20. "Har,irdaus Substunces" nre those tiubstances defined as toxi� or hazardous substances by
<br /> ' i Environmental Law und the following substunces: gasoline, kerosene, other flammable or toxic petroleum praiucts, toxic
<br /> - pesticides and hcrbicides,volatile solvents, m�terials containing asbestcn or formnldehyde,and rndioactive materials, As used in
<br />_ • I this panigraph 20, "6nvironmental Law" means federul luws and laws of the jurisdiction whcrc thc Property is locatcd that
<br /> . „. relatc to hcalth,safety or environmental protcction.
<br /> NON-UNIFORM COVENANTS. Borrowcr and L.cndcr furthcr covcnant and agrcc as follows:
<br /> � � 2 1. A c c e l e r ation; Remedies. l.ender shull give noNce to Borrower prior to acceleration following Borrower's breach
<br /> � � ; of uny covenant or agrcement In thls Security Instrument (but not prlor to acceleration under paraRraph 1 7 un less
<br /> - ' � uppl[catble law provfdes othenvise). Thc not{ce shall specify: (u)the defnult; (b) the nction requ[red to�ure the defsult; _
<br /> , ; :t��A, , (c) u date,not less than 30 days from the date the notice Is given to Bnrrower, by which the defssult must be cured; and
<br /> - (d) thet fnllure to cure the defc�ult on or before the date specif7ed in the notice m�y result in acceleratton of the sums
<br /> �-��.•�-�� � '-'. �.�+ secured by this Security Instrument and sale of the Property. The notice shnll further inform Borrower of the rlght to
<br /> . • . , .,� reinstute after nccelerndon und the rlqht to brin�; u court action to assert the non-existence nf a default or any other
<br /> - defense of Borrower to acceleration and snle. If the defuult is not cured on or befure the date ypecified in the notice,
<br /> ,� I.ender. at Its nption, mny requ(re immedlnte payment in full of ull sums secured by thfs Security Instrument without
<br /> further demand and may invokc thc power of.r•alc and uny other rcmedies permitted by appllcable law, Lender shall bc
<br /> , ° ; �� entiticd to collect ul(expenses Incurred in pursuln�the remedies provided in thls purugraph 21,Including, But not Umited
<br /> to,reusonabte uttorneys'fees nnd cotits of tUle evtdence.
<br /> . �' If the power of sale is tnvoked,Trustee shuU record a naNcc of defuult in euch county In whtch any pArt of the
<br /> � �-"` ' ' Property Is locuted und shull muil coples of such notice in the munner prescrlbed by uppllcublc law to Borrower and to
<br />— ' the other persons prescrlbed by upp�lc�►hle luw.After the tlme required hy upplicuble law,Trustce shall�ive publte noNce
<br /> ' � of sule to the persons und in the manner prescribed by applicable lnw.Trustee, �vithout demand on Borro�►•er, shnll tiell
<br /> the Property ut public auction to the hi�hcst bidder at the time and place and under thc terms desi�nated in the notice of
<br /> � ' sule In one or morc pnrccls and in any irrder'Prustee dctcrmincs. Truxtee muy pnstponc snlc of ull or nny parcel of the
<br /> ; I Property by publte um�ouncement ut the time and place of uny previously scheduled sale. Lender or its desi�nee may� —
<br /> purchasc the Property ut un��sule. �:
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<br /> Form 3028 9/90 �`
<br /> Papc b uf L �
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