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<br /> 16.Borrower's Copy. Borrowcr sh�ll be givcn anc conformcd copy of thc Notc and of this Security Inslrument. � ,
<br /> 17.Traneter ol the Prnperty or w Beneprial Interest in Borrawer. If all or any pan af U�c Praperty or uny intcrest in it is .
<br /> sold or transferced(or if a bencGcial intere.st in Borrower is sold or transferred and IIoROwer is not a natural person)without ., „ -
<br /> Lender's prior written consent, Lender may,et i4c o�don, require immediate payment in lull of all sums secured by this Security , „
<br /> Inswmcnt. Howcvcr,this opt�on shall not bc excrc�sed by Lcndcr if excrcise�s prohibitcd by fcdcral law ns of thc datc of this� ��
<br /> • Sccuriry Instrumen� y
<br /> If L.cndcr cxcrciscs this opuon,Lcndcr shall givc Borrowcr noucc of acccicrauon.The noticc shpll providc apcdod of not ic.gs I ..
<br /> � than 30 days from the date the nodce is delivered or mailed within which Boaower must pay all sums secured by this Security _
<br /> Instrumcnt. If Borrowcr fails to pay �hcsc sums pdor to tho cxpiration of this period,I.cndcr may invokc any rcmcdics permitte�.► . :
<br /> by this Sectuity Instrument without further notice or demand on Borrowcr. 1�► �: � �'"Y�,
<br /> 18.Borrower's Right to ReinstAte. If Borrower meets certain condidons, Bonower shall have ihe right w have� ,•�;:�,y_,� �? .
<br /> enforcemcnt of this Sccurlty Instr�mcnt disconunucd at any tirne prior to thc carGcr of: (a)5 days (or such ather period
<br /> �O ��eK�,.;�,'
<br /> applicable law may specify for reinstatement)before sale of ihe Property pursuant to any power of sale contained in this Securit� , • _ ---
<br /> • Instrument;or(b)entry of a judgment enforcing this Security IInsirument.Thosc condIdons arc that Borrowcr:(a)pays Lcndcr al�
<br /> sums which then would be due under ihis Security Instrument end the Note as if no accelerauon had occurred;(b) cures eny�
<br /> default of any other covenants or agreements; (c)pays all expenses incuned in enforcing this Securiry Instrument,including,but �!�z-�--•
<br /> not limited to,rcasonable attomeys' fces; and(d)takes such acuon as Lender ma�r reasonably rcquiro co assure that the licn of this
<br /> Security Instrument, Lcnder's rights in the Property and Sorrower's obligauon to pay the sums secured by this Securiry . �_,
<br /> Instrument shell continue unchanged. Upon reinstatement by Borrower, this Security Instrument and the obligadons secured
<br /> hereby shall remain fully effective as if no acceleration had ace�ured.However,this right to reinstate shall not apply in the case of
<br /> acceleradon under paragraph 17. .
<br /> 19.Sale ot Note;Change ot Loan Servicer. The Note or a parpal interest in ihc Notc (together wtth this Security
<br /> Instrument) muy be sold one or more qmes without prior noace to Borrowcr.A salc may result in a change in the cntity(known �
<br /> �, as!he"Loan Servicer")that collects monthly payments due under the Note and this Secunty InstrumenG There also may be one or •
<br /> more changes of the Loan Servicer unrelated to a sale of the Note. If ihere is a change of ihe Loan Servicer,Bortower w111 be �
<br /> given wriuen notice of the change in accordance with para�raph 14 above and applicable law.71ie notice will state�he name and ��
<br /> �• address of the new Loan Servicer and the address to wh�ch payments should be made.The nodce will also contain any other -
<br /> informa6on required by applicablc law. �
<br /> 20.Hazardous Su6stances. Borcowe� shall not cause or permit the presence, use, ciisposal, storagc, or relc.ase of any
<br /> Hazardous Substences on or in the Property.Borrowcr shaU not do,nor allow anyone else to do,anything affccpng thc Property ' � �•��
<br /> ihat is in violauon of an�Environmental Law.The preceding two sentenccs shall not apply to the presence,use,or storage on the ;.�',
<br /> Property of small quanudes of Hezardous Substances that are generally recognized to be appropnate to normal residentiel uses ;•:� , �,'
<br /> and to maintenance oi the Ycoperry. {H_ ' ;r=
<br /> Borrower shall prompdy give Lender written notice of any investigation, claim, demand,lawsuit or other action by any ;. ,...�
<br /> � ovemmental or rc ulato a enc or rivatc involvin thc Pro rt and an Hazardous Substancc or Environmcntal Law :� z=�j
<br /> S 8 rY B Y P P�Y B Pe Y Y
<br /> of which Boaowcr has acwal knowledge.If Borrower learns,or is noufied by any governmental or rcgUlatory authorlty,that any �,,,.
<br /> removal or other rcmediadon of any Ha��rdous Substance affecting the Property is neccssary,Bonower shall prompdy takc all � '�
<br /> necessary remedial actions in accordance with Bnvironmental Law. �_ � .
<br /> As used in this paragraph 20, "Hazardous Substances"are those substances deC�ned as toxic or hazardous substances by ,Y,
<br /> Environmental Law and the foAowing substances: gasoline. kerosene, other flammable ar toxic peaoleum products, toxic �
<br /> pesdcidcs and herbicIdes,volatile solvents,materials containing asbestos or formaldehyde,and radioactive materials. As used in x _
<br /> this psuagraph 20,"Environmental Luw" means federal laws and laws of the jurisdiction where the Property is located that relate `�;�,�.
<br /> to hcalth,safety ar environmental protection. �"�--�� —
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<br /> �• NON•UNIFORM COVENANTS.Bonowcr and Lendcr furthcr wvcnant and agrec as follows: �-�:
<br /> 21.Accekration;Remedies.Lender sdall give notice to Borrower prior to acceleraHon tollowing Borruwer's breach of �A
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<br /> � any covenant or Agreement in this Security Instrument (but not prior to acceleration under paragraph 17 unless _ _
<br /> � applicabk law provides otherwtse).The notice shatl spedty:(w) the default;(b)the action required to cure the def�ult;(c) �-�r}��A�.
<br /> l a dwte�not less than 30 days trom the date the notice ts given to Borrower�by which the defaulE must be cured;und(d) • j,��;--
<br /> � thut failure to cure the default on or before the date specified tn the notice may result in Accelerntion of the suma secured ' - _.___.
<br /> by this Security Instrument and sale ot the Property. The not[ce shall further iaform ��rro�ver of the right to retnstate •��w-=��
<br /> after acceleration and the right to bring a court action to assert the non-existence oP s default or any other detense of _- --
<br /> � � Borrower to acceleradon and sale.It the default is not cured an or before the date apeciQed in the notice,Lender,at its ';;---- - _
<br /> optlon,may►•equire immediate payment in fY�ll of all sums secured by t6is SecuriRy Instrument without fu�rther demand '
<br /> � and ma invoke the ower of sale and an other remedfes ermitted b a licable law. Lender shal{be entitled to collect ���t` `
<br /> Y P Y P Y pP ��s..�:. :.�'.. .
<br /> Iall expenses incurred in pur6uing the remedies provlded in this paragraph 21,including,but not limited to, reasonable �• '�;'r-, = � . .
<br /> ' attorneys' fees and costs of title evedence. ���� ��
<br /> � It the power of sale is invoked,Trustee shall record a notice of default in each county in which any part of the � �"'�'
<br /> 1 Property is located and shall matl copies of such notice in the manner prescrtbed by applicable law to Borrower and to the' ,
<br /> ; other persons prescri6ed by applicable law. After the time required by applicable law, Trustee shall give public notice nf '
<br /> i sale to the persons and in the manner prescribecl by appllcable law.Trustee,without demand on Borrower,shail sell the
<br /> ' Property at public�uction to the tnighest bidder at the tfine and place and under the terms designated in the notice of sale
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<br /> Form 3028 9/90 ��
<br /> �o-8R(NE)�s2+z1.o� Pape5 01 0 i�n�aia�
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