-rw �
<br /> .,h�,.
<br /> _:!:!&. ... .---. -°---
<br /> - �--- -- .
<br /> _ .. _ . . . . ._ ._. ..,....-- -------'^ .�_..._.,.._:
<br /> _......
<br /> -- --�-�5 a�jid:; .. _. _.
<br /> ......:.,.�.:.,w..... • , .
<br /> , _. .
<br /> � , _.s..
<br /> I • 18. Borrower's Riyht to Reinstete. If Borrower meet5 Certaln COndftbn5, BotrOwes Shall have the rlpht to hivC ,
<br /> I enforcemenl ot this Security Instrumenl dlsconlhued at any tkne prlor lo the oarller of: (a) 5 days (or euoh other period as epplbabb I
<br /> law may epeCf(y for rehstatement) before sefe of tho Property pursuBnt to any power of sale contahed In thls 3ecurity Instrument; or
<br /> { (b) entry of a Judpment entorcinp thls Securfty liistrumont. Those cundRlons ere that Borrower: (a) pays Lender all sums whfch then
<br /> would be due under this Securky Inatrumenl and the Note as M no acceleratlon haJ occurced: (b) cures eny defautt of �ny othsr
<br /> ( covonent or agreemants; (c) pays all expenses fncurrmd In onforcinq this SecurRy Instrument, Inciudlnp, but not IfmRed to, reisonable , —
<br /> attomeya' fees; and (d)takes auah actlon as Lender may re�eon�bly requke to sasure that the Ilen of thls SecurRy Instrument,Lenders
<br /> � rphts „ th�Propsrty and Borrowsrs oblpatbn to pay the sums secured by thla SeaurRy Instrument shell continue unchcnged. Upon _
<br /> •' i refnstatement by Borrower, thls SecurRy Instrument and the obllp�tlona eecured hereby shall rem8ln tulty eNectHe as if no acceler�tlon �':,°.j � ��'°
<br /> ' hnd occurred. However, thls rl�ht to relnatate shali not appy In the case ot acce�eratlon under peregraph 1T. "+11 ' �yF_•
<br /> I19. Sele of Nota; ChAl1Q0 O}LOat1 SE�VICC�. Yha Note or a partkl Interest In the Note (toyether with this Security 9 r
<br /> 1 Instrument)may be soid one or more tfrnsa wRhout prbr not�e to Bortower.A sab mey reauk In e ohenpe in the entky(known as ths ��.��"•
<br /> "Loan Servfcer") thet collects monthiy payments due under the Note and thls Securfty Instrument. There elso mey be one or more �
<br /> chanpes of the Loan Servber unralated to� atfe of tha Note. If there Is a ohanpe of the Loan Seivicer, Bonower witl be given wrkten � ,; :; ..
<br /> notice ot the ahanpe in accordance wNh parapraph 14 above and appiicable law. The not�e wlll state the namo and address of the �J
<br /> new LoAn Servicor and the address to whbh payments should be made. The notbe wlll also aantah any other Inionnatbn requked by +. ��=-
<br /> .;'�.�''�._
<br /> BAPlbable lew. ---'
<br /> 20. Hazardous Subatances. Borrower shell not cause or pormk the presence, use, dlsposal, ctorage, or release of any �f T
<br /> { He�ardous Subslances on or In the Property. Bonower shell not do,nor elbw anyane else to do,anythiny aBeathp the Property that , ._
<br /> ' is in vbletbn of nny Envkonmental Lew. The preceding two sentences shall not apply to the presence, use, or storage on the
<br /> . � Property ot small quantRies of Hasardous Substances that are yeneraily reCOgnized to be approprlate to normal resldentlel uses and to
<br /> � maintenflnCe of the Property. '
<br /> Bonower shall promptly give Lender wrkten not�Ce of any Investl�etlon,clakn,demand, Iewsuk or other aatlon by any qovernmental �
<br /> � or reguletory Agency or prNate party Involving the Property and flny Hazardous Substanca or EnvMonmental l.aw of whiCh Borcower has �:',�
<br /> I actual knowledge. If 9orrower leams, or Is notiffed by any govemmentei or repulatory authority, that any removal or other remedlatlon
<br /> + ot any Herardous Substance aftecdng the Property is necessary, Borcower shall promptly take all necessary remedlal ections In �
<br /> i accordance with Environmental Law. �'��ry`s
<br /> AS used h this paragraph 20, "Hezardous Substences" are those substancas defined as tox� or hezardous substances by '�
<br /> Envkonmental Law nnd the following substsnces: gasolhe,keroaene, other flammable or toxb petroieum products, toxb pestbklos and �_•
<br /> herbbWes, voiadle soMents, materlals contalning asbestos or fortnflldehyde, and radioecthre materiflls. As used (n thls peragraph 20, .`.�j,_
<br /> "Envkonmental Law" means federal laws and laws ot the JurisdfCtlon where tho Property IS locatad that relate to heaRh, Batety or Y.._
<br /> ��� envkonmental protectlon. ��y,�.P�
<br /> �°-
<br /> • NON•UNIFORM COVENANTS. Borrower and Lender turther covenant and aflree aa followa: �,y,�,�_ ._.
<br /> • 21. Aaceleratlan; Remediea. Lender ahall yive notice to Borrower prior to accelerstion tollowing �z��-�•
<br /> • i � Borrower's breach oi any covcnent or eyreement In thia Security Inatrument (but not prlo� to ���_
<br /> ecceleration under pareqraph 17 unleas oppliceble Iaw providea otherwlae). The notice ahsll �peclfy:
<br /> � 1 (s) the default; (b) the actlon required to curo ihe aeisuii; tcj a ds�a, r:.i !a« :ltsr� 30 �a;� 1f4!!r! �hw 4-°��
<br /> ; I date the notice Ia ylven to Borrower, by which the defeult muat be cured; end (d) thet feiture to cure ���
<br /> ; ' the default on or before the dete ap�ciiled in the notice mey reault in ecceleration of the suma ��---�_
<br /> � , aecured by this Security Inatrument arsd �ule of the PrAperty. The notice shell further Irsiorm :i
<br /> % � Borrower of the rlqht to rolnatate eiter ecceleratlon snd the N�ht to brinq a court actlon to as�ert the �_.
<br /> non-existence of a defeult or any other defenae of Borrower to ecceleretlon end aala. It the defeult is � :.
<br /> n o t c u r e d o n o r b e t o ro t h e d e t e a p e c i f i e d I n t h e n o t i c e, Lender at tb o ptlon me y roqulre Immediate �. ��`
<br /> ��;;:
<br /> , , peyment in fuli of alt sums aecurad by thla Security InsVument without turther demand an d msy
<br /> " invoke the power of sale and eny other remediea permitted by applicable law. Lender �hetl be �u�
<br /> � entitled to collect ell expensea incurred in pursuing tha re�nedfea prov i de d In t h ls pAregre p h 2 1, �
<br /> includinq, but not Ilmited to, reaaoneble attorneys' feea end coata of title evidence. --
<br /> � If the power of sate Is invoked, Trustee ahall record a notice of deteult in eeeh county In whlch �
<br /> eny part of the P�operty ts located end ahell metl copies of auch natice In ihe msnner prescrlbed by ---
<br /> epplicable law to Borrower and 2o the other persona preacribad by eppllcable lew. Atter the tlme ____
<br /> re�oired by appliceble law. Trustee shall qive public notice ot aele to the persons end in the manner �„��
<br /> preacribed by epplicable tew. Trustee, without demand on Borrower, ahalt aeii the �roperty at public — -
<br />= nuction to the higheat bidder et the time end plACe end under the terms deaipneted in the notice of ��,::'�_:
<br />- ' sale In one or more parcels and in eny order Truatee detarminea. Truatee mey postpone sale of all .�r�--�_
<br />_ t % or eny perc�i of the Property by public announcement at the time end plece ot eny previout�ly '•'"� �
<br /> .;�_:- -
<br /> ` scheduled sale. Lender or ita deafgnee may purchase the Property e�t eny aale. ;-:
<br /> - Upon recetpt of peyment of the pNce bid. Truatee shell deliver to the purchaaer Truatee's deed �����
<br /> � conveying the Property. The recltals in the Trustee's deed �hell be prime facle evidence of the Vuth ,. ,��;"�+�l�
<br /> of the etetements made therefn. Trustee ahall epply the raceeds of the aete in the following order. � '.?��:*. y''`
<br />_ , -•;�..
<br /> - (t�) to nll coats end expense�s ot exercising the power of �le, and the aale� fncluding the peyment of "�';„se ,
<br /> the Truatee's fees ectually incurred, not to cxceed 3 °,b of the prineipel amount of the note .
<br /> et the time of the declaretion oi default, end reeaoneble ettorney's feea ea permttted by law; (b) to ell .
<br />-- '• suma secured by this Security Instrument; end (c) Any exceae to tho person or peraona legelty •
<br /> entitied to it. � �
<br /> _ 22. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustoe to reCOnvey
<br /> the Property and shall surrender this Security Instrument und all notes evidenCing debt seCUred by tFtls Securfty Instrtiment to Trustee.
<br /> � Trustee sh911 reconvey the Property without warranty and without charge to the person or persons legally entitied to R. Such person or l
<br /> „I persons shflll pay nny recordatlon costs.
<br /> I .
<br /> 23. Subatitute Trustee. Londer, at its option, mey from time to tfine remove Trustee and appolnt a suCCessor trustee to
<br /> any Trustee appointed hereunder by an instrument recorded fn the county in whkh this SeCUrity Instrument IS recorded. Without
<br /> conveyanCe o� the Property, sucCessor trustee shail Succeed to nll the tille, power and dut�es conferred upon Trustee hereln end by
<br /> 1 aPpliCabie law. :
<br /> ; 24. Request for Notices. Borrower requests that copies o� tho not�ces of default anA sale be sent to Borrowers address I
<br /> whiCh is the Property Address. I
<br /> , 25. Riders to this �ecurity Instrument. II one or more riders ere executed by Borrawer and recorded topether with
<br /> - , this Security Instrument, the covenants and agreements ol each such rider shall be Incorporated i�to and shall amend and supplement �
<br /> the covenants and egrooments of thfs Securily Instrument fls N lhA rider(S)were e part of this SeCUrity Inslrumont. �
<br />- — Fo�m 902e 0/00 _
<br /> 1 101B.LMO(�0/97) Yags 4 0l 6 � �
<br /> ..
<br /> G75
<br />
|