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200003i56 17. Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interest in it L sold Lender's transferred for written consent, beneficial ender may, interest at its r option, quire transferred payment i wer is not a of all sums person) ecured by this li s Lender's prior writ Security Instrument. However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not this less than ns days from If Borrower fails to pay these sums prior to to the expiration of thisrperiod Lender may invoke any remedies Security Instrument. permitted by this Security Instrument without further notice or demand on Borrower. 18. Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security for reinstatement) discontinued e sale of he prior roperttyt pursuant of any powers of sale contained period this applicable law may specify Security Instrument; or (b) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a ) pays Lender all sums which then would be due under this Security Instrument eeaneSthe Note as ifn o c cel this Security Instrument, occurred; ( cures any default of any other covenants or agreements; (c) pays expenses including, but not limited to, reasonable attorneys' fees; and (d) takes such action as Lender may reasonably require to assure that the lien of this Security sall Instrument, ont n Lender nchangedhtUpon reinstatement Borrower's rBorrower, obligation iSecurity Instrument anddthe this Security Instrument obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration under paragraph 17. 19. Sale of Note; one ongeo of e Loa without prior e Noeeto or a Borrowed A salesmay resullttin a(change in�thteentity (known Instrument) may be so as the "Loan Servicer ") that collects monthly payments due under the Note and this Security Instrument. There also may be one or more changes of the of the change ►m accordance tw h paragraph 114 above andtappl cable 1 w. The onotice will rstate rthe name land given written notice address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other information required by applicable law. 20. Hazardous Substances. Borrower shall not cause or permit the presen k use, disposal, storage, or release of any Hazardous Substances ononrof an the Environme t Borrower l Law. Theshall p ecceding two sentencesanyone hall not apply to the presence, u g thr Property that is ro Property y storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the Property. Borrower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by any governmental or regulatory knowledge If party involving the Ps notified by any;governmentalsor regulatory rauthority,lthat of which Borrower has any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. c defined ti hazardous substances b c As used in this paragraph 20, azardou are t se leum products to Environmental Law and following substances: a Substances" kerosene, other flammable or pet o pesticides and herbicides, "Environmental Laws means federal laws gand laws of the jurisdiction / where radioactive materials. As used in is located that this paragraph 20, "En relate to health, safety or environmental protection. NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 21. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration action required toacgure the defaults applicable law provides otherwise). The notice shall specify: (a) the default; which the default must be cured; and (c) a date, not less than 30 days from the date the notice is given to Borrower, by (d) that failure Security c t Instrument and sale of the Property. The notice the shall further inform Borrower of the right to secured by this any other reinstate after acceleration to acceleration and sale. If bring default is not cured onhor before the date per f ed inrthe notice, defense of Borrower su Lender, at its option, may equ the medial sale payment any full of remedies permitted byhapplicable law. Lender hall be further demand and may invoke entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 21, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If the power of sale is invoked, Trustee shall record a notice of default in each county applicable law t Borrower and to Property is located and shall mail copies of such notice in the manner prescribed by the other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of sale to the persons and into the highest bidder at the time and place and under the terms demand in the notice of the Property at public auction g sale in one or more par ouncement at the t me and placeeof any previously scheduled sale.l Lender or any ts desig ee may cels and in any Property by public ann purchase the Property at any sale. Page 5 of 6 - 6RINE) 19212).02 0 Form 3028 9/90 Initials: