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18. Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have
<br />enforcement of this Security Instrument discontinued at any time prior to the earlier of: (a) 5 days (or such other period as applicable
<br />law may specify for reinstatement) before sale of the Property pursuant to any power of sale contained in this Security Instrument; or
<br />(b) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then
<br />would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other
<br />covenant or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable
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<br />attorneys' fees; and (d) takes such action as Lender may reasonably require to assure that the lien of this Security Instrument, Lender's
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<br />rights in the Property and Borrower's obligation to pay the sums secured by this Security Instrument shall continue unchanged. Upon
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<br />reinstatement by Borrower, this Security Instrument and the obligations secured hereby shall remain fully effective as if no acceleration
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<br />had occurred. However, this right to reinstate shall not apply in the case of acceleration under paragraph 17.
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<br />19. Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security
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<br />Instrument) may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity (known as the
<br />"Loan Servicer ") that collects monthly payments due under the Note and this Security Instrument. There also may be one or more
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<br />changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written
<br />notice of the change in accordance with paragraph 14 above and applicable law. The notice will state the name and address of the
<br />new Loan Servicer and the address to which payments should be made. The notice will also contain any other information required by
<br />applicable law.
<br />20. Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any
<br />Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the Property that
<br />is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence, use, or storage on the
<br />Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to
<br />maintenance of the Property.
<br />Borrower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by any governmental
<br />or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of which Borrower has
<br />actual knowledge. If Borrower learns, or is notified by any governmental or regulatory authority, that any removal or other remediation
<br />of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in
<br />accordance with Environmental Law.
<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 flammable or toxic petroleum products, toxic pesticides and
<br />herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As used in this paragraph 20,
<br />"Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or
<br />environmental protection.
<br />NON- UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />21. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following
<br />Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to
<br />acceleration under paragraph 17 unless applicable law provides otherwise). The notice shall specify:
<br />(a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the
<br />date the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure
<br />the default on or before the date specified in the notice may result in acceleration of the sums
<br />secured by this Security Instrument and sale of the Property. The notice shall further inform
<br />Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the
<br />non - existence of a default or any other defense of Borrower to acceleration and sale. If the default is
<br />not cured on or before the date specified in the notice, Lender at its option may require immediate
<br />payment in full of all sums secured by this Security Instrument without further demand and may
<br />invoke the power of sale and any other remedies permitted by applicable law. Lender shall be
<br />entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 21,
<br />including, but not limited to, reasonable attorneys' fees and costs of title evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which
<br />any part of the Property is located and shall mail copies of such notice in the manner prescribed by
<br />applicable law to Borrower and to the other persons prescribed by applicable law. After the time
<br />required by applicable law, Trustee shall give public notice of sale to the persons and in the manner
<br />prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public
<br />auction to the highest bidder at the time and place and under the terms designated in the notice of
<br />sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all
<br />or any parcel of the Property by public announcement at the time and place of any previously
<br />scheduled sale. Lender or its designee may purchase the Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed
<br />conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth
<br />of the statements made therein. Trustee shall apply the proceeds of the sale in the following order:
<br />(a) to all costs and expenses of exercising the power of sale, and the sale, including the payment of
<br />the Trustee's fees actually incurred, not to exceed 10% % of the principal amount of the note
<br />at the time of the declaration of default, and reasonable attorney's fees as permitted by law; (b) to all
<br />sums secured by this Security Instrument; and (c) any excess to the person or persons legally
<br />entitled to it.
<br />22. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey
<br />the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee.
<br />Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or
<br />persons shall pay any recordation costs.
<br />23. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to
<br />any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without
<br />conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and
<br />by applicable law.
<br />24. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address
<br />which is the Property Address.
<br />25. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with
<br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement
<br />the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument.
<br />Form 3028 9/90
<br />F10291MG (10/99) Page 4 of 5
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