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<br /> • ►; , • 17. TrAnsfer ot the Prope�ty or a Beneflolal Interest In Borrower. It en or eny part ol ihe Praperty or �+-=`"`�u���
<br /> • eny Interest In It Is sold or trenolerred (or If a beneliclel intereat In Borrower Is sold or transferred and Borrower Is nol a neturel �-�=-;-.,.�_-T
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<br /> person) without Lender's pdor wdtton consent, Lender may,at Its optlon, require Immedlate payment In lull of all sums secured by ,�%�;n
<br /> ` ihis Sncurlty Inslrument. However, thls optlon shnll nol be oxorclsed by Londer il exerclse Is prohiblted by ledernl law as ol tho i:.,•,r=-
<br /> dnlo ol thls 9ecurlty Instrument. "'`�
<br /> II Londer �xerclses thl� optlon, L�ndnr ahall Aive Bonower nutice ol accelerallon. Tho nolice shell provlde e period of not • 7,,.*u�,Y:
<br /> less lhan 30 dayn Irom lha dalo Iho no�lce Is dellvered or malled wlthln whlcli Borrower musl pay all sums securad by lhls (Q � :
<br /> Socutily Inctn�menl. 11 Borrower leils to pny these sums pilor to lh� oxpiratlon o( thls perlod, Lender mey Invoke any remedlea ' ��
<br /> pmmflted by Ihis Sacurity Inatrwnent wilhout lurther nolice or demand on Borrower. ��` ����J
<br /> �1 18. Bo�l'OWef�d Rlght t0 Reinstate. II Borrower meels certaln cor.dltlons, Borrower shall have Ihe right to have ���,,,,,,►►► � �` �'
<br /> enlorcr.menl ol lhls Socurlly Insin�ment discontinuad al any time prlor to Ihe earller ol: (a) 5 days (or such other periact as �; ����
<br /> pp Y�P N 1 P Y P Y P 1' � �M���•«..
<br /> " A Ilenblo law ma ocl lor relnstetement bofore �nle ot Ihe Pro ert ursuent lo en ower o( sele conlained In lhis Securil �._���;.
<br /> �,,,,,■w# Instrumenl; or (b) eniry ol e judgment enlorcing this 3ecuriry Insirumonl.Those condlUons are lhal Borrower. (a) pays Lender all � �__
<br /> _ . ,.�q.1 sums which lhan would be due under thls 3ecurity Inatrument end the Note es If no accelerallon had occurred; (b) cures any
<br /> de(aull ol any o�her r,ovenanl or egreements; (c) pays all expensos Incurred In enfarcing thls Security Insirument, Including, bu! �e�
<br /> � not Ilmited lo, reasonable altomeys' iees; end (d)takes such actlon as Lender may reasonably requlre to essure that lhe Ilen of W ��a�,
<br /> tiils Secudty Instrument. Lender's rights In lhe Properly and Borrower's obligatlon to pey the sums secured by thls Seeurlty �---
<br /> ti
<br /> Insin�ment shall contlnue unchenged. Upon relnstatement by Borrower, lhls 3ecurily Instrument and the obligatlons secured �:••=
<br /> hereby ahell remaln fully e(tective as II no acceleraUon had occurred. However,thls rigM to relnstate shall not apply In the case -��
<br /> ; � ol ecceleration under paragreph 17. .s,�,
<br /> 19. Sele of Note; Change oi Loan Servicer. The Note or a a partlal Interest in the Note (together with this �i;;�=
<br /> 5ecurlty Instrument) may be sold one or more tlmes wilhout prlor notice lo Borrovoer. A sale may result In a change In the entity �u,
<br /> �➢_
<br /> (known as the 'Loan Servlcer")ihat collecis monthly paymonts due under the Note end thls Secudty Instrument. There also may �..;,Q
<br /> , �� be one or more chenges of ihe Loan Servlcer unrelated to a sale ot the Note. Ii there Is a change o1 the Loen Servlcer, �
<br /> �� 1� Borrower wlll be given wriiten notico of the change In accordance with paragraph 14 above and applicable law. Tho notice wlll --_
<br /> �' atate the nemo and eddress ot the new Loan 3ervicer and the address to whlch payments should be made. The noUce wlll also `—'_
<br /> ��. contaln any other Informatlon required by eppllcable law.
<br /> S 20. Hazardous Substaneas. Ba�TOwer shall not cause or pertnit the presence, use, disposel, storage, or release oi
<br /> any Hazardous Subatances on or In the Property. Borrower shall not do, nor allow enyone else to do, anything effecting the
<br /> �� Property Ihat ts In vlolatlon of any Envlronmentei Law. The preceding two sentences shall nol apply to the presence, use, or
<br /> ' storage on lhe Property ol small quantlUes ol Hazerdous Substances thet ere generally recognized to be appropdate to normal _
<br /> �, resldentinl uses and to melntenunco of the Property. _
<br /> Borrower shell promptly give Lender written nollce of any investlgetion, clalm, demand, Iawsult or other actlon by eny
<br /> govemmental or regulatory egency or privalv party Involving the Property and eny Hazardous Substance or Envlronmental Law oi
<br /> � �' which Bortowor hes actual knowledge. It Borrower leams, or Is notifled by any govemmental or regulatory euthority, thet any
<br /> removal or other remedlation o( any Hazardous Substence aflecting Proporty is necessery, Borrower shail promptly take all
<br /> :_ necessanr remedlal actlons In accordance wilh Envlronmentel Lew.
<br /> ::. .. � -- -_
<br /> As used In thls parAgraph 20, 'Hazardous Substances' are those substances deMed as toxtc or hAZardous substences by
<br /> � Envlronmentel Law and Ihe (oilowing substances: gasoline, kerasene, olher Ilammable or toxlo potroleum products, taxlo
<br /> ' pesticldes and herblcides,volatue solvents, meterlals contalning asbestoa or formaldehyde, end redlaactive meteriats. As used In
<br /> � peragreph Z0, 'Envlronmentel Law' means lederal laws and lews of the Judsdiction where the Property Is locsted that relate to
<br /> � heallh, setety or environmentel protectlon.
<br /> NON-UNIFORWI COVENANTS. Borrower and Lender further covonanl and agree as follows:
<br />- � 21. Acceleretlon; Hemedles. Lender shall give notice to Borrower prlor to acceleration
<br /> following Bor�ower's breach of eny covenant or agreement in thla Security Instrument (but not
<br /> � prior to acceleration under paragraph 17 unless applicable law providea otherwise). The notice _
<br />. shall specify: (a) the default; (b) the actiotr required to cure the defeult; (c) a date, not less than
<br /> 30 days from the date the notice is glven ta Borrower, by which the defautt must be cured; and
<br />� • (d) that failure to cure the default on or before the date spec�fied in the notice may result in
<br />-- - ac:.:d{n�a.io�i oi tiie sc;:�s sacu�ad uy �s:s Sasur(ty l:��.:u:nant and sale of the Prop�rly. T::� nctl�� ---------
<br /> shalt further tntorm Borrower of the right to refnstate eiter acceler�tlon and the right to bring a
<br /> �� cou�t action to assert the non-existence of a default or any other defense of Borrower tu
<br /> � acceleratlon and sala. If the default is not cured on or before the date specified in the notice,
<br /> Lender at its optlon may require Immedlate payment tn full of alt eums secured by thts Security
<br /> � `� Instrument without further demand and may Invokn the power of sale and any other remedtes
<br /> - � � � permttted by applicable law. Lender shali be entttled to collect all expenses tncurred in pursutng
<br /> - , the rsmedies provided In thts paragraph 21, Including, but not Iimited to, reasonable attorneys'
<br /> ' � fees and costs of title evidence. ---
<br /> ' !f ths po��r ot �w!� !s ln:�oked, Trustee shall recorc! a notice of default In each county In �-___
<br /> ��_�
<br /> which any part of the Property is located and shall mail copies of such nottce in the manner �a�:._�-
<br /> preacribed by appHcable law to Borrower and to the other peraona prescribed by applicable law. �'--=��.__
<br /> After the time requlred by applicable law, Trustee shall give pubtic notice ot sale to the persons ���-;�
<br /> and in the manner prescribed by applfaable law. Trustee, wlthout dennand on Borrower, shall sell `�-���-.
<br /> the Property at public auction to the highest bidder at the time and place and under the terms � •
<br /> " designated in tho notice of sale in one o� more parcels and in any order Trustee determines. �
<br /> Trustee may postpone sale of all or any parcol of the Property by publ(c announcement at the
<br /> � time And place ot any previously soheduled sale. Lender or its dealgnee may purahase the
<br /> Property at any sale.
<br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's
<br /> _ deed conveying the Property. The recitals in the T�ustee's deed ahall be prima facie evtdence of
<br /> - the truth of the statements made therefn. Trustee shall apply the proceeds of the sale In the
<br /> ] following orde�: (a) to atl costs and expenses of oxerclstng the power of sale. and the sale, -� -
<br /> • i fncludfng the payment of the Trustee's fee� actually incurred, not to exceed three
<br /> � % of the principal amount of the
<br /> � note at the time of the declaration of detault, and reasonable attorney's fees as pormittod by law;
<br /> i (b) to all sums secured by tl�ts Security Instrument; and (c) any oxcess to the person or persons j
<br /> legally entitled to it. I
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<br /> � 972.19 `
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