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<br /> . . . �°, Iyy this Securiry Instn�ment. If Borrower fails to puy these sums priar to tha axpiration of thie periocl, Lender may invoke =_
<br /> - .. uny remedies permitted hy this Security Instn►meut without fucther notice or dem:uid on Borrower, _
<br />__ • ; 18. Borruwer's RiKht to Reinstate. If Bonower meetu certnin conditions,Bonower shAll have tha right to have __
<br />= "r� enfo�cement of this Security Instrumeni discontinued�t wny tim�o prior to the earlier of:(w) 5 dxye(or such other periai as
<br /> • npplicable Isw may apecify for reinstatement) lwfore sale of the Property pursuant to any power of sale contained in this _
<br /> �� �� Security Instrument;or(b)entry of A judgment enforcing this Security Inatrun�ent.Thoso conJieions are that Borrower: (n) � _
<br /> ;'�'�" . pays Lender all sums which then would be due under this Security Inetntment u►d tho Notd av if no acceleration had _
<br /> =50 - occurred; (b) cures sny Jefault of any other covenants or agreemeats; (c) p�ys �Il expenses incurced in enforcing thie _
<br /> °'�``' � Security Instru�nent, including, but not limited to, reasonabla attomays' feey; s�nd (d)takes such action as Lender may _
<br /> = rexsonably requira to assure thnt tha lien of this Security Instrument, l.ender's rights in the Property and Bonower's
<br /> �--�- . — obligutinn to pery the sums s�curul by this Security Instrument shall continue unchengeci.Upon reinstatement by Borcower,
<br /> '•,.� this Security Instnunent nnJ the obhgxtions secured hereby shall remain fully eff'ective as if no acceleration had occurred.
<br /> � H��wcver,iliis right to reinstate shuU not ap�ly in tho casr:of acceleration uader paragreph 17. .__
<br /> r� : ;, l9.Sule ot'Nute;Chi�ny;c oi'l.oan Servicer. The Note or a partial interest in tha Note(rogether with this Securily
<br /> �_-;�'�, In�trument) may he suld ona or moro times without prior notice to Borrower. A sale n�ay result in a change in the entity
<br />_...;,±'Y,,�. (knuwn us the "Loun ServicCr") thnt collects monthly payments due►u:der tha Note and this Security instrument. 'fhere
<br /> -�+'�P''��. xlso may be one or more chHnges of the Loan Servicer unrelated to a sale of the Note.If there is a change of the Loan
<br /> '•f`�� `, Servicer, Borrower wiU be given written notico of tha change in accordance with paragr�ph 14 above and applicable law.
<br />�`,.��fi i'h The notice will state the name xnd address of the new Loan Servicer and the address to which payments should be made.
<br /> �.i:,d .,• Tlie notice will also contain any other information required by applicablo la�v.
<br />-. ,..;: .�; 20.Hazardous Substan�ts. Bonower shsll not cause or permit the presence, use. disposal,stornge,or releASe of
<br /> jT.A a° any Hazardous Substances on or in the Propedy. Borrower shall not do,nor allow anyona else t�do, nnytlung affecting
<br /> �+��'�;; the PropeRy that is in violation of any$avironmental Law. Ttte preceding two sentencas shall not�pply to the ptcsence,
<br /> '' use,or storaga on the Property of small quantities of Hazxrdous Substances that are generally recognizod to ba appropriate
<br /> � �L t' to normal residentisl uses and to main�ena�ice of th�Property.
<br /> ��'A Borrower shall prumptly give Lender written notice of any investigation, claim,demand,lawsuit or other action by
<br /> ;�,�' any govemmental or r�gulutory agency or privste party involving tha Property end aay Ha�ardous Substance or Eaviron-
<br /> -.���. � . mentxl Lxw of which Borrower hHS actual knowledge. If Borrower learns,or�s notified by any governruental or regulatory
<br /> •�f�f+r�p� auchority,that uny removxl or other remediation of any H�uxrJous Substance affecting the Property is necessary,Bonower
<br /> ;� `!�� shnll prompNy tnka xll necassary remedial actions in sccordance with Bnvironmental Law.
<br /> -?l;�l�;, As useJ in this parngraph 20, "HaTardous Substances" are those substAnces defined as toxic or hazardous substances
<br />��.••• ` • by Environmental ].aw unJ the following substances: gwsoliue, keror,ena, other flammable or toxic petroleum products,
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<br />-_.• .. �r toxic pesticidas snJ herbiciJes,volatilo solvents, matarials coataining asbestos or formaldeh�de,nnd radioactiva matena s.
<br /> nF «ced�n this uarseraQh 20, "Environmental Law'means federal laws and laws of tha junsdichon where tho Property ie
<br /> °;--r�;r�;"'� located that relate to health,safety or environmental protectioa.
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<br /> -"- r�•t• NoN-UN�rv�ut CoveNnN�s.Borrower anJ Lender further covenant and sgree as f'ollowe: �
<br /> __'��=,a,�`;�` 21. Accelerution; Remedies. Lender shall give notice to Borrower prior to Accelerntion following Bon'ower s
<br />-;��,Y-_ ,��� brench oF uny covenant or ugreement in this Security Iastnunent(but not prior to acceleration under paragraph 17
<br /> unless applicuhle law provides atherwise). The notice shall specify. (a)the default;(b) the action required to cure the
<br />-��rt�i.] defuult;(c) n date,not lu�s thnn 30 dnys Prom the date the notice►s given to Borrower,by which the default must be
<br />�"=�;'�� cured; und (d) th;it f'uilure to cure the default on or beFore the dtit�e speciFied in the notice may result in acceleration
<br /> uf thr sums secw•ed by this S�tiurity hutrument und sale oF the Property.The notice shall further inform Borrower
<br /> — °-'`-�`� ot' the ri{�ht lo reinslnte uf'ter accelerntion and the right to bring u court action to assert the non-existence of a
<br /> �rt t� del'uult ur uny other defense of Borrower to acceleration and sale. If the default is not cured on or bet'ore the date
<br /> - �_`���� s��iCed in the notice, Lender :�t its optlon may require immediate pa�m ent in full of wll sums secured by this
<br /> �"-� 5ecurity I�strwnent�vithout further demand and may invoke the power of sxle and any other ranedies perm�tted by
<br /> °..=;I� upplicable law. Lender shall be entitled to collect all expe�ses incurred in pursuln8 ttN:►Yrnedies pro��ded �n this
<br /> --=—�- paragraph 21,including but not limited to,reasonable attorneys' fees t+nd costs of tide evidence.
<br /> i 3 If the power of sa�e is invoked,Tnutee shall raord a�wtice of deFault in eACh county in which nny pnrt of the
<br /> =u�-�-�--a] I'roperty is located and shall meil copies of such notice in the manner prescribed b9 aQP�icxble lAw to Borrower and
<br /> �—=-�=,��;._; to the other Nersons prescribed by applicable law. After the time required by apphcxble law, TruStce s1w1� ive
<br /> public notice of sale to the perso�u and �n the ma�uier prescribed by applicable law. Trustee, without deman�on
<br /> 1,��;�;� Borrower� shnll sell the Propert�at public auction to tt�e highest bidcier at the time and place and under the ternu
<br /> --;,,,;�;.,. designated in the notice of sale m one or more arcels and in any order Trustee determines.Tn►stee may poetpone
<br /> ic announcement nt the time and place of any previously scheduled
<br /> —_===,•-�• snle ot'ull or an�parcci oF the Froperty by pub'
<br /> ��,A+zr` � sule.Lender or its desi�nee mny purchase the Property at any sale.
<br /> :,�—rt� Upan receipt of puyment of the�rice bid Trustee shall deli�er to the purchaser frustee's deed conveying the
<br /> �=,���� Properly. The recitnls m the Tr�utee s deed s�all be prima facie evidence of t��;tlru�h';lSi'th�t�n►f� mxd6
<br /> - thcrein.Trustee shull upply the procceds of the snle in the foUowing order: (a) to �rstS;aR�'��,�!4f����j
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<br /> �i;T:,s.;,;,'r'Fi"?`. Form 3028 9/90 fpey�6 of 6I
<br /> -� � • 6ANKERS SYSTCMS,iNC.,5T.CLOUD.MN 68902 11•!00•307•]3411 FORM MD�1•NE 216l01
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