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16: Borrower's Right to Rslnstete. N Borrower meets lurtain oondnions, Borrower shall have the right to have
<br />enforcement of this Swurky Instrument discontinued at any time prior to the earlier of: (a) 5 days (or such other period u IPPICable
<br />law may specify for reinstatement) before sale of the Property pursuant to any power of sale contained in this Security ktstrumom; or
<br />(b) entry of a )udgment enforcing this Security Instrument. Those conditions are that Borrower. (a) pays Lander all sums which than
<br />ZV
<br />would be due under this Security Instrument and the Note as m no accoloration had occurred; (b) cures any default of any other
<br />covenant or agreements; (c) pays all expenses Incurred In enforcing this Security Instrument, inciuding, but not limited to, reasonable
<br />d
<br />attorneys' fees; and (d) takes such action as Lender may reasonably require to assure that the Den of this Sacurlty Instrument. Lender's
<br />rights in the Property and Borrower's obligation to pay the sums secured by this Security Instrument sham continue unchanged. Upon
<br />reinstatement by Borrower. this Security Instrument and the obligations secured hereby shall remain fully effective as If no acceleration
<br />had occurred. However. this right to rehstale sham not apply In the case of acceleration under paragraph 17.
<br />19. Sale of Note; Change of Loath Servlcer. The Note or a partial Interest In the Note (together with this Security
<br />Instrument) may be sold one or more tines without prior notice to Borrower. A sale may result in a change in the entity (known as the
<br />'Loan Servicar ") that oollsots monthly payments due under the Note and this Security Instrument. There also may be one or more
<br />changes of the Loan Servioer unrelated to a sale of the Note. If then is it change of the Loan Servicer, Borrower will be given written
<br />notice of the change In accordance with paragraph a above and applicable law. The notice will state the name and address of the
<br />new Loan Servloer 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 stoniitga on the
<br />Property of small quantities of Hazardous Substances that are generally recognised to be appropriate to normal residential uses and to
<br />mainlenance of the Property.
<br />Borrower sham promptly give Lander written notice of any Investigation, claim, damend, lawsuit or other action by any govwnmentsl
<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 teams, or is notified by any governmental or regulatory authority, that any removal or other remedlation
<br />of any Hazardous Substance affecting the Property Is necessary, Borrower shag promptly take all necessary remedial actions In
<br />acconisive with Environfrientat 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 pestickles and
<br />h9mlolOes, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As used In this paragraph 20,
<br />"Environmental Law" means federal saws and laws of the )urisdlotion where the Property Is located that relate to health, Safety Or
<br />environmental protection.
<br />NON - UNIFORM COVENANTS. Borrower and Lander further covenant and agree ac follows:
<br />21. Accelerstlon; Remedies. Lender shall give notice to Borrower prior to acceleration following
<br />Borrower's branch of any covenant or agreement In this Security Instrument (but not prior to
<br />acceleration under paragraph 1T 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 />noWexistence 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 safe 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' face and coats 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 W Borrower and to the other persons prescribed by applicable low. lifter 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 dMrminee. 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 % 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 persona legally
<br />entitled to iL
<br />22. Reconveyanee. Upon payment of all sums secured by this Socurlty Instrumont, Lo„dor sham request Trustee to reconvey
<br />the Property and sham surrender thin Security Instrument and all notes evldanclng debt cocurod by this Security Instrument to Trustee.
<br />Trustee shall noonvey the Property without warranty and without charge to the person or persons legally entitled to A. $tKh 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 Truatee 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 ti ire Property Address.
<br />26. Riders to this Security Instrument n one or more rovers are evecutoo 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 supplemem
<br />the covenants and agreements of this Security Instrument as m the rider(a) were a part of this Socurlty Inctrumont.
<br />Forty, l09� N�0
<br />FiM.LMO OW") Paso a or f
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