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<br /> { ' 16.Barrower's Copy. Borrowcr shall bc Si�en onc canformcd copy of thc Notc and of this Sccurity Ins[rumcnt. i :
<br /> �� 17.Transfer of the Property or a Beneficial Interest in Borrower. If all or any parc of the Property or any in:erest in it is �
<br /> � sold or trar►sferred(or if a bcnefic�al mcerest in Borrower is sold or transferred and Bonower is not a natural person) without
<br /> , Lender's prior wriuen consent,Lender may,at its o�don,rcquire immediate payment in Full of all sums secured by this Sec:ur►ry ;t`
<br /> Insaument.Howcver,this opdon shell not bc exerc�scd by Lcnder if exercise is prohibited by federal law as of thc datc of this ,
<br /> ' Securiry InstrumenG pc .
<br /> IIf Lender exercises��ope nou'cc sedel ere�,d o Bmailed w'ithun which B�onower must pay a11 sums secured bY th Sf Se�°ri�Y �
<br /> � than 30 days from the th � '
<br /> InsuumenG If Borrower fails to pay thcsc sums prior to the cxpiration of this period,Lcndcr may invoke any remcdics permiticd .,���f•
<br /> i by this Security Instrument without iur�her nodce or demand on Borrowcr. (� n�. __ ___�
<br /> IIonowcr shall havc thc right to havc ;
<br /> i 18.Borrower's Right to Rein9tate. If Batrower rrieets certain conditians, _
<br /> enforcement of this Securtty Instrumenl'd�scantinued at any time prior to the earlier of: (a) 5 days (or such other period as "�
<br /> -�,.
<br /> 1" ify for reinstatcmcnc)before sale of the Property pursuant to anY powcr of sale contained in this Secunty �
<br /> applicable law may spcc a s L.cndcr all �
<br /> j Instrument;or(b)entry ot a judgment cnforcing this Securiry Instrument Those conditions are that Borrower:(a)p Y
<br /> sums which then would be due under this SecuritY lnstrument and the Note as if no accelerauon had occurred; (b) cures any �,�
<br /> � default of any other wvenants or agreements; (c)pays all expenses incurred in enforcing this Security Instrument,includmg,but � _
<br /> not limited co,reasonable attomeys' fees;and(d)takes such acuon as Lcnder may reasonably require to assure that the Gen of this }_
<br /> � Security Instrument, Lendcr's nghts in tl►e Property and Boaower's obligaaon to pay thc sums secured by this Sccurity �+ —
<br /> Instrum h�l cmain fally effcctive as lf no acceleraa n had oc tured.Howe elr,this right to re�instate hall not appgy in tt►e case of �
<br /> hcreby s h 17.
<br /> ' acccicrauon undcr paragraP
<br /> 19.Sale of Note;Change ot Loan Servicer. The Note or a pariial interest in ihc Notc (togethcr with this Secunty
<br /> Inswmten�t�S rv����aL coue��Tmo�1y`Np y°n�n�ndue undcr the Note and this1Secunty+Instrumcnt�There also may be one or '
<br /> as th '
<br /> x' more changes of the Loan Servicer unrelated to a sale of thc h 14 bove�and appl cable law.The olice wi11 state the name and
<br /> � given written nauce of the change in accordance wi�P��p -'
<br /> address of the new Loan Secv►cer and tt►e address to which payments should be made.The notice will also contain any other :,�_
<br /> ' information requiretl by applicable law. •�
<br /> � 20.Hazardous Substances. Borrower gonower hall not do�nor allowranyonc lse to doanyth nBgaffe�w►El���rtY --
<br /> Hazardous Substances on or in the PropertY•
<br /> - that is in violatian of an�Euvi�onmcntal I..a��'•Tt��Fre.crdine two sentences shall not apply to the presence,use,or storage on the _- _ _-
<br /> Propeny of small qunnuues of Hazardous Substnnces that urc gcncrally recognized to be approPna�e tc�"���r�'j��n'��"�S
<br /> and to meintenance of thc Property.
<br /> ° Boaower shall prompdy give Lender written �nvolv nf thc Pro�n aand�anY Hazerd usd'Substance or Enviromm�tal Law
<br /> governmental or regulatory agency or private party' 8 � Y overnmental or regulatary authority,that any `.`
<br /> of which Borrawer has actual knowledge.If Borrower leams,or is notified by any g
<br /> removal or other remediation of any Hazardous Substance affecting the Property is necessary�Boaower shall prompdy take all ..K
<br /> necessary remedial acdons in accordance with Envaonmental Law. ���fi`'
<br /> As used in this paragraph 20, "Hazardous Substances" are those substances defined as toxic or hazardous substsnces by �,
<br /> Environmental 1.aw ar►d the following substances: Basoline, kerosene, other tlammable or toxic petroteum products, toxic
<br /> pesticides and herbicides,volatile solvents,materials containing asbestos or formaldehyde, and radioactivc ros���aL�elacne �i��'<.�`-�--
<br /> thls paragtaph 20,"Environmental Law"mcans federal laws and laws of the jurisdicdon where the Property ' � ,� _
<br /> � to health,safcry or envaonmcntal protection. .��•x� �
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<br /> NON-UNIFORM COVENANTS.Borrower and I.ender further covcnant and agree as follows: �
<br /> 21.Acceleration;RemeciEes.Lender shall give notice to Borrower prior to�►cceleration fallowing 1'su►-rower's breach of i�':_ �-�
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<br /> any covenant or agreement in this Securlty Instrument (but not prior to accelerAtion under paragraph 17 unless ��,
<br /> applicable law provides otherwise).The notice shall specify:(a)the default;(b)the action requtred to cure the default;(c) t
<br />- • ; a date,not tess than 30 daye fl om thbefore the datecspecified tn the notice ay esut in accelerat on ofthe sums secured '�' •:
<br /> ' that failure to cure the default on or ,�V;�'`;
<br /> � by thts Security Instrument and sale ot the Property.The notice shall further intorm Borrower of the right to retnstate
<br /> atter accelerution und the right to bring a court action to assert the non-existence of a default or any other defense of ,...���,�.
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<br /> Borrower to acceleration and sale.It the default is not cured on or before the date specified in the notice,Lender,at its M1
<br /> option,may require immediate payment in full of all sums secured by tht�Security Instrument without further demand �
<br /> and may invoke the power of n1e fhe emediese provided in thistpa gr ph,21,b'cludingebut not limitedtto'edeasona'ble
<br />_ all expenses incurred in pursui g
<br />- attorneys'fees and eos4s of title evidence.
<br /> It the power oP sale is invoked,Trustee shall record a notice of default in each county in which any part of the :
<br /> Property is located Hnd shall mail copies of sucf er the t me emu redrbyrapplbcab eYl wplTrustee shall give public not ce of
<br />-- other persons prescribed by app�icable law.A t 4
<br /> sule to the persons and in the manner prescribed by applicuble law.Trustee�without demand on Borrower,ahall sell the
<br /> . Prnperty at public auction to the highest bidder at the time and place and under the terms desiRnated in the notice of sale
<br /> � Form 3028 9/90 I
<br /> - IIIIII(116: I ..
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