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<br /> ;�"'' �7. Tran.9fer af the Prope�ty or p Beneticlwl Interest In Ilorrower. If all or any part af thc Properry ar nny intcrest in it
<br />,'�;'_� t
<br />=_".''�� is u�ld or transfcrred(or if a beneticial int�;cst in Borrawer is sold or transfcrrcd and Borrowcr is not a natural person)without
<br /> �"`��' L.endcr's prior written consent, I..ender may, at its option, require immediate payment in full of �11 sams secured by this
<br /> � �"�'°'' Sccurity Instrument, Howcvcr,this option shall not ix cxcrcis�d I�y I.cndcr if cxcrcisc is prc�hibited by fedcral law as of thc datc
<br /> __��;� � of this Sccuriry Instrument.
<br /> . , If L.cnder exercises this optlon,Lendcr shail give&�rrower notice of acccicration. Thc noticc shall provide a period of n�t
<br /> ' -� Icss than 30 days from the date the notice is delivared or mailed within which Barmwer must pay nll sums secured by this
<br /> -'�"�� Security Instrumcnt. If Borrowor fails so pay thesc sums prior to thc cxpiration of this period, L.cnder ms►y invoke any rcmcdies
<br /> J"a:�_� '
<br /> F�: permlued by this Securiry Instrumcnl without further noUcc or dcmand on Rarrowcr.
<br /> :�.�+' �S, Borrower's Nlght to Rclnstrtt. If Iiorrowcr mcets ccrtnin conditions, Borrowcr shall havc �hc right ta havc
<br />'''`" -�-�---- enforcement of this Security Instrumeni discontinued at any time prior to the carlier of: (a)5 days (ar such other period as
<br />�;� applicuble law may specify for reinstatement) before sale of the Propeny pursuant to any powcr of salc containcd in �IiiS
<br /> ��� Security Instrumcnt; or(b)entry of a judgment enforcing this Security lnstniment. Thosc conditions are that Borrowcr: (a)pays
<br /> - L,ei�der all sums which then would be due under th�is Security Instrument and the Note as if no acceleration had occurred; (b)
<br />_;.�F "�' cures any defuult of any other covenants or agraments; (c)pays all expenses incurred in enforcing chis Security Instrumenc,
<br /> "-�`,.�,�,; including, but not limited to, reasonable attomeys' fees; and(d)takes such action as I.cnder may reasonabiy require to assure
<br />���=�';�`. that the lien of this Security Instrument,Lender's rights in thc Property and Borrower's obligation to pay the sums securcd by
<br />`-'-��� this 5ecurity Instn�ment shall cantinue unchanged. Upon reinstatement by Borrower, this Secunry [nstrument a�id the
<br /> ����� obligations secured hereby shall remain fully effective as if na acceleration had occurred. However, [his nght ta reinstate si�all
<br />__°�;�,;��� not apply in the case of acceleration under paragraph 17.
<br />.-;��� 19. Sale of Note; Chunge ot I.oan Servlcer. The Note or a partial interest in the Note (together with this Securiry
<br /> Instrument)may be sold one or more eimes without prior notice to Borrower. A sale may resul[in a change in the entity(known
<br /> �''5..�'� as the "Loan Servicer")that collecis monthly payments due under the Note and this Security Instrument. Therc also may be one
<br /> =��ua��.a
<br /> -- ; or more changes of the Loan 5ervicer unrelated ta a sale of the Note. If there is a change of the C.oan Servicer,Borrower will be
<br /> ��� given written notice of the change in aceordance with paragraph 14 above and applicable law.The notice will state the name and
<br /> _';y.:_;�' address of the new l.oan Servicer and tlie address to which payments shuuld be made. The notice will also contain any other
<br />-=��.� informallon required by applicable law.
<br /> _� 20. Hazardous Substances.Bonower shall not cause or permit the presence, use, disposal, storage, or release of any
<br />-=?;F���� Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone clse [o do, anything affecting the
<br /> Property that is in violatian of any Environmental Law. The preceding two sentences sh�ll not apply to [he presence, use, or
<br /> _. �� storagc on the Propeny of small quantities of Hazardous 5ubstances that arc generally recognized to be appropriate to normal
<br /> residential uses and to maintenance of the Property.
<br /> -- Bonower shall promptly give I�nder wri[ten notice of any investigation, claim, demand, lawsuit or other action by any
<br /> governmental or regulatory agency or private pany involving the Propeny and any Hazardous Substance or Environmental Law
<br /> -__�� of which Borrower has actual knowledge. If F3orrower lcams, or is notified by any govemmental or regulatory authority, that
<br /> J_w - any removal or o[her remediation of any Hazardous Substance affecting the Propeny is necessary, Borrower shall promptly take
<br /> all necessary remedial actionc in accordance with Environmental Law.
<br /> - _- — As used in this paragraph 20, "Hazardous Substances" are those substances defined as toxic or hazardous substances by
<br /> � Ei,zironm�nta: l.aw �:.d the fcl�cwi�g S2fL`cr�rrg� gacnline; kerosene. other flammable or toxic petroleum products, toxic
<br /> pesticides and herbicides,volatile solvents,materials c:ontaining asbestos or formaldehyde,and radioactive materials, As used in
<br /> this paragraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br /> relate to health,safety or environmental protection.
<br /> NON-UNIFORM COVENANTS.6onower and Ixnder further covenant and agree as follows:
<br /> 21. Acceleratlon; Remedies.Lender shall give noNce to B�rrower prior to acceleration tollowing Borrower's brench
<br /> o[ Any covenAnt or wgreement in thls Secur�ty Instrument (but not prlor to acceleration under purAgraph 17 unless
<br /> wpplicable I�w provldes otherwise). The notice shall spalfy: (o)the defAUlh (b)the action required to cure the de[pult;
<br /> (c)a date, not le.s.v than 30 days from t.he dAte the notice is given to Borrower, by which the detwult must be cured; and
<br /> (d) thet f�ilure 10 cure the default on or before the date speci[led in the notice mAy result in acceleration of the sums
<br /> secured by this Security Instrument ond sale ot the Property. The notice shr+li funher inform Burrower o[the right to
<br /> reinctAte aner accelers►tlon And the right to bring p court acNon to assert the non-existence oP a detoult or any other
<br /> defense of Borrower to pcceleration ond ss►le. [f the defauit is not cured on or before the date specitied in the notice,
<br /> Lender, wt Its option, mwy requlre Immedfwte p�yment In tull of all suma secured by this Security Instrument without
<br /> further demand and may invoke the power of sale and any other remedies permitted by applicable IAw. Lendet shall be .
<br /> _ � enlitled to collect All expenses incurred in pursuing the remedies provided in this psirpgrAph 21, Duluding, but not limited
<br /> __ ,�; to,reASOnable wttorneys'tees and costs of title ev(dence.
<br /> - [f the power of sale is Invoked, 'Trustee shall reco►•d a notice of detault in each county In �rhich any part of the
<br /> -- prnperty is located and shall m�ll copies of such notice In the manner prescrlbed by applicable law to BonY►wer and to
<br /> �� the other persons prescribed by opplicable law.Aner the time required by applicsble law,Trustee shs►ll give public notice
<br /> - - ot ss►le to the persons and in the inanner prescribcd by appltcAble law.Tructee, wlthout demand on Borrawer, shKll sell
<br /> the Property At pubUc auction to the highest bldder at the ttme and place and under the terms designated iu the notice ot
<br /> ��� � _---- sxle in one or more parcels�nd In wny o�der Trustee determines. 1�ustee may postpone sale ot aU or eny percel ot the
<br /> � ���~ Property by public announcement at tbe time and place oF any previously scheduled sale. Lender or its designce may
<br /> - __= purchase the Propecty pt any sule.
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<br /> Si.6y.c�
<br /> -�y?3�; Form 3028 9/90
<br />-�'~� w:�^ry. Pape 5 of 8 ImUe1c
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