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<br /> ' 16.Barrower'A C�py. Borrawcr shall bc given onc conformcd copy of thc Notc and of�his Sccurity instrument, >_-__ _
<br /> I7.Transfer at the I'raperty or A Reneficial Interest in Borrawer. If ull or any pari ot thc Pro n or nny intcrest in it is • =;,—
<br /> snld or trensfcrrcd (or if a bencflcisl intccest in Borrowcr is sold or vansfcncd and Borrowcr is nota naturalpc rscm)without jA_•�
<br /> Lcndcr's prior written conunt,L�endcr may,at its option,rcquirc immediatc pnyment in full of ull sums securcd ey this Sccurity _ _
<br /> lnsuument.Howcver,�his opuon shell not bc excrciscc!by Lcndcr if exercisc is proh�biteci by fcderal law us of the date af this �':,�•._�;a_:
<br /> � Sccuriry Instrumcnt. _-
<br /> , If Lender exercises ihis option,Lender shall give Barrower notice of acccleratlan.Thc notice shall provide a period af not Icss�
<br /> than 3U days from the date the nodw is dellvered or mailed withln which Bonower must pay all sums secured by this Sec!uity V
<br /> Instrument.If Borrowcr fails to pay thesc sums prior ta the cxpiration of this period,Le�dcr may mvokc any remcd�cs PeRnnted�
<br /> by this Sccuriiy lnstrument without furthcr noticc or dcmand on Bonower.
<br /> 18.Borrower's Right to Reinstate. If Borrower mects ccrtain condiuons, Borrowcr shall havc the right to, havc N
<br /> enforccmcnt of ihis Securiry Instrumcnt dlscontinucd at eny pme prior to thc earlicr of: (a) S days (or such athcr pcnod as C',� � -
<br /> urSUanc to en wer of sale contained in this Securlty�
<br /> applicable law mey spocify for rcinstatement)before sala of the Propertyp Y P� `
<br /> Instrument;or(b)entry of a judgment enforcing this Security Inswment.Those condidons sre that Borrower:(a)pays�d�r�l� „ �
<br /> sums which then would be duc under this Security Insuument and the Notc as if no acceleradon had occurred: (b)
<br /> default of any other covenents or agreements;(c)pays all expenses incurred in enforcing this Security Ingtntment,including,but
<br /> not limlted to,rcasonable atwrneys'fces;and(d)takes such acuon as Lendcr may rcasonably reyuL•c to assure that the licn af this ___.___
<br /> Sccurity Instn�mcnt, Lendcr's rights in the Property and Borrower's obligadon to pay ihe sums secured by this Security �
<br /> Insixument shall continuc unchanged. Upon reinstatcment by Borrower, this Sccurity Inshument and ihe obligaqn�e�of �
<br /> hereby shall remain fully effectivc as�f na acceleradon had occurred.However,this right to reinstate shall not app y -
<br /> acccicradon undcr paragraph 17. �
<br /> 19.Sale of Noic;Change of Loan Servicer. Thc Note or a partisl interest in thc Natc (togethcr with ihis Sccurity ___
<br /> Instrument)may hc:sold one or more times without prior nodcc to Borrower.A salc may result in a change in thc cndty(known
<br /> � as the"Loan Servicer")that coUecu monthly payments due under the Note and this Security InstrumenG There also may be one or -_
<br /> more changes of the Loan Servicer unrelated ta a sale of the Note.If there is a change of the Loan Servicer, Borrower wrll be _
<br /> •}: given written notice of the change in accordance with paragcaph 14 abovc and appllcable law.Thc norice will state the namc and �:__ -
<br /> address of the new Loan Servicer and ihe address to which payments should be made. The noGce will also c�ntair► anY other ,}-�'�_
<br /> informapon requueti by applicable law. ,. �'
<br /> ,� 20.Nazardous Substancea. Borrowcr shall not causc or permit the presence, use, disposal, storage, or releasc of any ^ , „� ,
<br /> Hazsudous Substances on or in the Property.Borrower shall not do,nor allow anyone else to d�,anythin�efk'ectinB tlze Property
<br /> t ha t is in v i o l a d o n o f a n x E n v i r o n m e n t a l L aw.The precedin g two sentences shaU not apply to the presence,use,or storage on the ���t
<br /> Property of small quanaues of Hazardaus Substances that are generally recognized to be appropnate w norm a l resi den u a l u s e s y�
<br /> = d;d to riainicnancc af ihc Prog^^m. -= ��`�,f
<br /> Borrower shall promptty give Lender written nodce of any invesdgation, c:laim. demand, lawsuit or other e+c:tion bY anY �;•*-,--��—�
<br /> - govemmental ar regulatory agency or private perry involving the Property and any Hazardous Substance or Environmental Law �';�7t��;�
<br /> af which Bonower has acwal knowledge.If Bon�wer lcarns,or is noufied by eny govemmental or regulatory authority,that any ,
<br /> removal or other remediadon of any Hazerdous SubsWnce affecting the Property �s necessery,Borrower shall prompdy take all ! 4,�.::.
<br /> necessary remedial,acaons in accordence witli Erivuoamental Law.
<br /> As used m this paragraph 20, "Hawrdous Substances" are those substances deCined as toaic or hezardous substances by 3•� �'-
<br /> ►. 8nvironmental Law and ihe following substsu►ces: gasoline, kerosene, olher flemmable or wxic petroleum proclucts. toxic
<br /> '�' pesdcides and herbicides,volatlle solvents,materials containing asbestos or farmaldehyde,end radioacdve mater�ils• As used in �ry
<br /> � this paragraph 20. "Environmental Law"means fcderal laws end laws of the jurisdiction wherc the Property is locaced that relate ,���
<br /> to health,safery or environmental pmtection. �'`�'"�-` —
<br /> NON-UNIFORM COVEPIANTS.Borrower and Lender further covenent end agree as follows: ���
<br /> hall Ive notice to Burrower prior to acceleration following Borrower's breach ot �?.-�
<br /> 21.Acceleratian;Remedies.Lender s g
<br /> - any covenant or agreement in this Security Instrument (but not prtor to acceleration under paragraph 17 unless _
<br /> y, applicable law provides otherwise).The notice shall specify: (a)the detault; (b)the actlon required to cure the defuult;(c) _�,�_
<br /> a date,not less than 30 days flrom the dete the notice is given to Borrower,by which the default must be cured;and(d) ;�. �_
<br /> �. that tatlure to cure the detault on or betore the date specited[n the notke may result in acceleretion of the sums secured ;,�.__-_
<br /> by this Securlty Instrument and sale of the Property.The notice shall further inform Borrower of the right to reinstate � ��_
<br /> pfter acceleration and the r[ght to bring a court action to assert the non-exLstence ot a default or any other defense of ;_,- ,
<br /> Borrower to acceleratron end sate.If the detault is no!cured on or betore the date specifled in the notice,Lender,at its � Q;��,4�=—�-r�
<br /> optton,may require immediate payment in full ot all sums securetl by this Security Instrumeut without further demand� ., ':�; :1�E�;;r=`
<br /> and may invoke the power of sale aa�d any other remedies permitted by applicable law.Lender shall be entitletl to collect • �• .
<br /> .t���.
<br /> all expenses incurred in pursuing the remedies provided in this paragraph 21, including,but not limited to, reasonable ..... . .. .
<br /> attorneys'fees and costs of title evidence. � ^���`
<br />� If the power of sale Ls invoked,Trustee shall record a notice of default in each county in which any part of the _ .�.;y,4►�,;:.`
<br /> property is located and ehall mail copies of such notice in the manner prescribed by applicable Iaw to Borrower and to the .
<br /> other persons prescribed by epplicable law.After the time requtred by applicable law,Trustee shall give public notice of �
<br /> sale to the persons and in the manner prescribed by appltcable law.Trustee,without demand on Borrower,shall sell the
<br /> Property at publ[c auction to the highest bidder at the time and place and under the terms designated in the notice of sale
<br /> fortn 3028 9/90
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