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<br /> 112�38
<br /> 17.Tr�nsfer ot the Property ar p Beneticiwl Interest in Borrower.If all or any patt of tl�c Property or any interest in it
<br /> i�s sold ar transfcrrod(or if a t►encfic�sl intcrest in Borrower is u�ld or transferral p�xl Borrowcr is nM a naturnl person)without
<br /> I.cnder's priar written consent, I.ender may, at its option, require immaliate payment in full of all sums suured by thls
<br /> Security lnstrunknt.However,this option shall not be exercisai by I.ender if exercise is prohibited by federal Isw as of the date
<br /> uf this 5ecurily[nstrument,
<br /> If I.endcr exercises this optian, Lcndcr shall givc Borrawer notice of nccelcration, ?hc notice shuli providc a period of not
<br /> Icss then 30 dsys trom the �iatc thc notice is del9vered or mailed within wl►ich Borrower must pay all soms sccured by this
<br /> Sc�curity Instrumcnt.If Borrawer fails to pay thcse sums prior to the expiration of this pericxi,Ltndcr tnay im�oke any remcdies
<br /> permitted by this 5ccurity instrument without further noticc or demur►d on Borcower.
<br /> �S, &►rrower'A RIRht to Reinttate. If Borrower meets cenain conJitions, IIorrower shall have the right to have
<br /> enforeemau of this Securi�y instrument discontinued at any time prior to tlie eurlier of; (a)5 days (or such other period as
<br /> applicable law muy spocify fdr reinstatement) before sale of the Property pursuant �o nny,power of sale contained in this
<br /> Security instrumenr.;or(b)entry af a judgment enforcing this Security Instrument.Those conditions are that Borrower:(a)pays
<br /> Lender all sums which then would be due under this Security Instrument and the Note as if na accelcration had eccurred; (b)
<br /> cures any defsul[ of any other covenants or agrecments; (c) pays all expenses incurred in enforcing this Security Insirument,
<br /> including, but not limited to,reasonable attorneys' fees; and(d)takes such action as Lender may reasonably reqwre to assui�e
<br /> that thc lien af this Security Instrament, L,ender's rights in the Praperty and Borrower's obligation to pay the sums securod by
<br /> this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instcvment end the
<br /> obligations sccurcd henby shall remain fully cffectivc as if no acceleration hed occurred, However,this right to rcinstate shall
<br /> not apply in the case of acceleratio�under paragraph 17.
<br /> 19. Swle at Note; Cb�nge o[ LoAn Serviter. The Note or a partial interest in the Note (together with this Security
<br /> Instrutnent)may be sold one or more dmes without prior notice to Borrower.A sale may result in a change in ttie entity(known
<br /> as the"L,oan Servicer")that collects monthly puyments due under the Note and this Security instcvment.There also may be one
<br /> or more changes of the Loan Servicer unrclated to u sale of the Note.If there is a change of the Loan Servicer,Borrower will be
<br /> given written notict of Ihe chnnge in accordence with paragraph 14 above and applicable law.The notice wili stato the name and
<br /> address of the new Loan Servicer and the address to which puyments sliould be made.The notice will itlso eontain any other
<br /> information required by applicable law.
<br /> 20. Hazardous Substxnces. Borrower shall not cause or pemiit the presence, use, disposal, storage, or relea�e of any
<br /> Hazurdous 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 any Environmental Law. The preceding two sentences shall not apply lo the presence, use, �rr
<br /> storagc on the Property of small quantities of Hazardous Substances that are gcnerally recognized to be appropriute to normal
<br /> residentisl uscs snci to maintenance of the Property.
<br /> Borrower shall promptly give l,ender written notice of any investigation, claim, demand, lawsuit or other act.ion by sny
<br /> governmental or rcgulatory agency or private party invoiving the Property and any Hazarclous Substance or Environmental Law
<br /> of which Borrower has actual knowlexlge. If Borrower learns, ur is��otified by any governmental or regulatory authority, that
<br /> any removul or other remediation of any Hazardous Substance affecting the Property is necessary,Borrower shall promptly take
<br /> all necessary remedisl actions in accordance with Environrr►ental[..aw.
<br /> ;�� u�� !n r��� �ara�rn�h 20, "Hazs�rdous Substances" ure those substances defined rs toxic or hazardous substances by
<br /> Environmental Law and the following substances: gesoline, kerosene, other ilammauie or [oxic peire,lcutii pr�uct;. :oxic
<br /> pesticidas and herbicides,volatile solvents,materials containing asbestos or formaldehyde, and radioactive materials. As used in
<br /> this paragraph 20, "F.nvironmental Law" means federal laws and laws of the jurisdiction where the Property is locutod that
<br /> relate to health,safety or environmental protection.
<br /> NON-tJNIFORM COVENAN'fS.Barrower and I.encler further covenant and agree as follows:
<br /> 21. Accelerxtion;Remedies. Lender shpll giv�notice to Borrower pr(or to pccderation tollowing Bo�weri�u�h
<br /> of �ny covennnt or �greement in /his Security Ingtrument (but not prior to accelerntlon under pwrag ph
<br />- Applkable law provid�w otherwise).The notloe ahAll speci[y: (a) the defAUlt; (b) the action required to cure the de[nult;
<br /> (c)a date,not less tlun 30 days from the date the noNce is given to Borrower, by which the detault must be cured; and
<br /> (d) that f�ilure to curo the def4uit on or betore the date specitied in the notice mey rasult in ncceleratioa ot the sums
<br /> secured by this Secudty Instrumcnt and snle of the Property. The notice sMall t'urther inform Borrower o[the right to
<br /> rcinstAtr aRer wcceleration and the rlght to bring a court action to assert the non-exlstena ot a detnult or any other
<br /> defense of E�orrower to accderadon ond sAle. I[the defpult is not cured on or before the date speciAed In the notice,
<br /> Lender, At its opNon, �tt�Ay reyuire immediate payment in full of all sums securcd by this Security In.stKUment without
<br /> [urtl�er demand and mAy invoke the power of+snle and any other remedies permittM by applicable IAw. Lender slwll!►e
<br /> entitled to rnllecS all expen�es incurred in pursuing the remedies provided tn this p�ragrnph 21, including,but not iimited
<br /> tu,re�.4onable Attorneys'fees and costs of title evldcrr�e.
<br /> [f the power of snle Is invoked, Trustee shall record u notice of deCault in cach county in which any pwrt of tMe
<br /> property is located and shpll mAil copies of such notice in the manner prescrlbetl by �pplicable law to Borrower and to
<br /> the other persons pres�r[bed b9 aPpl�c�ble law.After the ttme requlred by applicable IAw,Tivstee s{u�ll give public notice
<br /> of sale to the persons and in the manner prescribed bY apP�ics►ble law.Trustce, without demAnd on Borrower,shall sell
<br /> the Property wt public uuction to the highest bidder at the time and place and under tMe terms designpted In the nMia ot
<br /> sa�le i rt nb or nb1re l�oun e ent at the t me xnd place ort any previously sc ed�ule�dnsa�c I I.ender or its d�ignee m�y
<br /> p� Y Y {�
<br /> pur�chase the Property At any sale.
<br /> Form 3028 8/90
<br /> Pepe 6 0�8
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