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<br /> 17.Transkr ot the Property or a Heneficiwl I�terest In Borrower. If all or any part af thc Pro��crty ar any intcrest in it
<br />=`;n:� is sold or tra�isferred(or if a benet`icial intcrest in Borrower is solcl or transfcrrcd and Rorrowcr is nat a natural person) withaut
<br />�f;�'�; l.ender's �rior written cansent, L.ender may, at itg opdon, require immedinte p.ryment in full of all sums secured by this
<br />-:.;;;�__ Security Instrumcnt. Howover, thts option shall not bc exerciscd by Lcnder if cxercitie is prohibitcd hy fcdcral I�w as of thc datc
<br />::��t`., o!'this Sccurity Instru�r�ent.
<br /> If Lender exercises this option, Lcnder shall give Hocrower notice of acceleration.Ttic notice shall provide a period of not
<br /> w'�� less than 30 days from the date the notice is delivered or mailed within which Hon�owcr must p;iy all sums sccured by this
<br /> „�_„� , Securiry Instniment. If Borrower fails co pay these sums prior to the expir�timi af this period,Lender may invoke any remedics ¢
<br /> ..- �:� permittal by ttsis S�curity instrumcnt without furthcr noticc or dcmand on Borrowcr.
<br />_-�`�� 1A,� Borrower's Rlght to Reinstpte. If Borrower meets certain conditions, Borrowcr shall have �he right ta havc
<br /> cnforcement of this Security Instrument discontinued at any tim� priur to the carlicr of: (a),5 days (or such other pericxl as
<br />`":.:..'.i� applicahle law may specify for reinstatcment) before sale of the Properry pursuant to any powcr of salc containcd m this
<br /> Security Instn►ment;or(b)entry of a judgment entorcing this Sccurity Instrument. Thosc conditions are that Sorrower: (a)pays
<br />_�,. Lender aU sums which then would be due under this Securiry Instrument and the Note as if no acceleration had occurred; (b)
<br /> a cures any default of any other covenants or agrecments; (c) pays all expenses incurrul in enforcing this Security Insmimcnt,
<br />'��� includtng, but not limlted to, reasonablc attorneys' fees; and (d) takes such action as I.,ender may rcasonably requirc to assurc
<br /> L�•��� that the lien of this Securiry Instrument, l.ender's rights in the Property and Borrawer's obligation to pay the sums sccurcd by
<br /> -=��-y this Security lnstrument shall continue unclianged. Upon reinstatement by Borrower, this Security Instrument and thc
<br /> ---�°� obligations secured hereby shall remain fully effective as �f no acceleration had occurred. However, this right to rcinstate shall
<br /> °=� �� not apply in the case of acceleration under paragraph 17.
<br />-- = 19. Swle oP Notc; Changc of Loan Servicer. The Notc or a partial intcrest in thc Note (togcther with this Sccuriry
<br /> — Instrument)may be s�ld onc or more times without prior noticc to Sorrower.A sale may result in a change in the entity(known
<br /> _a�� as the "Loan Sen�icer") 'hat^ollects�•�onthly payments due under thc No[e and this Security Instrument.There also may be one
<br />-- or more changes of the Lnan,icrvicer,.nrelated �o; sale ot he Note. If there is a change of the I.oan Scrvicer, Burrower will bc
<br />—_ _ given written notice of the change in accordance with paragraph 14 above and applicahle law.The notice will state the natne and
<br /> __:j address of the new I.,oan Servicer and the address to which payments should be made. The notice will also contain any other
<br /> —�— ' information required by applicable law.
<br /> 20. Hazardous Substances. Borrower shall not cause or permit the presencc, use, disposal, storage, or relense of any
<br /> '� Hazardous Substances on or in the Propeny. Borrower shall not do, nor allow anyone else to do, anything affecting the
<br /> Property that is in viola[ion of a�iy Environmencal Law. The preceding two sentences shall not apply to the prescnce, use, or
<br /> = srorage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal
<br /> - residcntial uses and to maintenance of the Property.
<br /> - Borrower shall promptly give Lender written ttotice of any investigation, claim, demand, lawsuit or other actiun by any
<br /> governmental or regulatary agency or private party involving the Property and any Hazardous Substance or Environmental Law
<br /> — of which Yiorrower has actual knowtedge. If Borrower leams, or is nonfted by any governmental or regulatory authority, that
<br /> - ;,.�y :c::ov�!er e:h�r remP�i�aslnn of any Hazlydous Substance affecdng the Property is necessary, Borrower shall promptly take
<br /> all necessary remedial actions in accordance with Environmental I.aw.
<br /> As used in this paragraph 20, "Hazardous Substances" are those substances defined as toxic or hazardous substances by
<br /> Environmental Law and the following substances: gasoline, kerosene, other flammablc or toxic petroleum p►•aducts, toxic
<br /> pesticides and herbicides,volatile solvents, materials containing asbestos or formaldehyde,and radioactive materials. As used in
<br /> this �aragraph 20, "Enviromnental Law" means federal laws and laws of the jurisdiction wherc the Property is located that
<br /> retatc to health,safety or environmental protection.
<br /> NON-UNIFORM COVENANTS. Borrower and I.ender further covenant and agree as follows:
<br /> 21. AccelerAtion; Remedies. I.ender shall give notice to Borrower prlor to ecceltration following Borrower's breACh
<br /> of any covenant or agreement In this Security Instrument (but not prlor to accelemtion under pwrAgrs►ph 17 unless
<br /> applicable Is►w provides otherwise). The notice shall speciPy: (a) the de[�ult; (b)the ection required to cure the de[ault;
<br /> (c) a date,not less thRn 30 days from the date the notice is given to Borrower, by which the detault must be cured;end
<br /> (d) thAt foilure to cure the default on or before the dAte specitied lu the notice may result in accelerxtion of the sums
<br /> - secured by thls Security Instrumer.i and sale of the Property, The notice shall further inform Borrower of the right to
<br /> reinstAte Aner accelcration and the right to bring w court action to assert the non-existence of a de[ault or any other
<br /> defense ot Borrower to accelers�tion and sale. If the defeult Is not cured on or before the date speclfied In the notice,
<br /> I.ender, At its optlon, may require immedlate pAyment in full ot ali sums secured by this Secur(ty Instrument wlthout
<br /> � further demand wnd may invokc the power ot sale and any othcr rcn�edies permitted by applicable law. I.ender shAll be
<br /> entitled to collect All expenses incurred in pursuing the remedies provided in this paragrnph 21,including,but not limited
<br /> to,reASOnable s�ttorneys' fees and costs of title evidence.
<br /> If the power o[sale is invoked, Trustec shull record n notice of dePAUlt in each county in which any part of the
<br /> �-- Property is located and shAll mail copiPS of such notice in the manner prescribed by applicable lAw to Borruwer and to
<br /> the other persons prescribed by applicable law.After the time required by epplicable low,Trustee shall give public notice
<br /> of sale to the perso�u and in the monner prescribed by uppliu�ble law.Trustee,without demand on Borrower,shall bell
<br /> the Pro{�erty at publlc auction to the hlgMest bidder at the time and place And under the terms deslgnated In the notice of
<br /> sale tn one or more parccls and in any order Trustec determtnes,Trustee mey postpone sale of ell or any parcel of the
<br /> y-� property by public announcement at thc time and placc of any previously scheduled sale. Lendcr or its designee may
<br /> ------ purchase the Property wt any salc.
<br /> �-���
<br /> �'�� Form 3028 9/90
<br />-`��' Pa90 6 0l fi Imt�e�s:
<br />:.�;.n:,: �•6RINE)�szizi.os
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