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17. Transter af ti�e Property o�a Beneficial Inter�vt in Borrnw�er. If al! or any part of the Property or any interes! in it
<br /> is sald or tr�ensferred (or if a beneficial interest in Borrower is s�(d or transferred and Borrower is not a natural person) without
<br /> ixnder's privr written consent, ixnder may, at its opti�n, reqaire irrzmediate payment in full ef all sums secured by this
<br /> Security Instrurrient. However, tt:�option shait not be exerciseti by Lender if exercise is prohibited by federal law as of the date
<br /> of this Security lnstr�ment.
<br /> If Lender exercises this option, Lender shall give Borrower notice af acceleration. The notice shall provide a period of not
<br /> less than 34 days from the date the notice is delivered or mailet� within which $orrower �iust pay all sams secured by this
<br /> Security Instr�ment. If Borrower fails to pay these sums prios.to the ezairation of this period, Lender may invoke any re.medies •
<br /> permitted by this Security Instrument without further notice cr demartci on Borrower.
<br /> IS. Borrower's Right Qo Reinstate. If Borrower meets certain conditions, Borrawer shal! have the righi to have
<br /> ei:forcement of this Security Instrument disccniirued at any time prior �o the earlier of: (a) 5 days (or such other period as �
<br /> applicable law_may specify for reinstatement) before sale ot the Property-pursuant tq any power of sale contained in this �
<br /> Security Inst*ument;or(b)entry of a judgment enforcing this Security Instrume�it. Those conditions are that Borrower: (a)pays �
<br /> I,ender all sums which then would be due under this Scru:ity Instrument and the Note as if nn accele:ation had occurred; (b) }�i
<br /> cures any default of any other covenants or agreements; (c) pays all �xpenses incurred in enforcing tfiSs Security Instrument, , C
<br /> including, but not limited to, reasonable a;torneys' fees; and (d) takes such action as Lender may reasonably require to assure Q
<br /> that the lien of this Security instrument, Lender's rights in the Property and Borrower's obligation to pay !he sums secured by . (f�
<br /> this Security lnstrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument and the
<br /> obli=ati�ns secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall �
<br /> not applv in the case of acceleration under paragraph 17. Q:
<br /> 19. Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Seruriry
<br /> Instrument)may be sold one or more times without prior r.otic�to,Borrower. A sale may result in a change in the entity(known
<br /> as the "Loan Servicer") that collects monthly payments dae under the Note and this Secur,ty Instrument. There also may be one
<br /> or more changes of the Loan Servicer unrelated to a sale of lhe Note. If there is a change of the[.oan Servicer, Borrower will be
<br /> given written notice er'the change in sccordance with paragraph 14 above and applicabfe law. The notice will s�zte the name and
<br /> address of tF,e new Loan Servicer and the address to which payments should be made. The notice wi11 also con�in any othe�
<br /> inforr�ad�n required by applicable law,
<br /> 20. Ha�ardous Substances. 13orrower shali not cause or permit the presence, use, disposal, starage, or release of any
<br /> Hazardous Substances on or in thr Property. Borrawer shaP not do, nor allow anyone else to do, anything affecting the
<br /> Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence, use, or
<br /> storage on the Pmperty of small quantities of Hazard��us Substances that are generally recognizeci to be appropriatF to normal
<br /> residential uses and ro mainfenance of the Property. � .
<br /> Borrower shall promptly give �,ender written notice of any investigation, claim, dernand, lawsuit or other acti�in by any ` '�
<br /> governmental or regulatory agency or private party invoiving the Property and any Hazardous Substance or Environmeqtal Law
<br /> of which Borrower has actual knowledge. If Borrdwer leams, or is notified by any governmental or regularory author y that
<br /> any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower�hall promptly take
<br /> all necessary remedial actions in accordance with Environinental Law.
<br /> As used in this paragraph 20, "Hazardous �ubstances" are those substances detined as roxic or hazardous .substances by
<br /> Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum prcxlucts, roxic
<br /> pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As used in
<br /> this paragraph 20, "Environmenta! La�v" m;zns federal laws and laws of the jurisdiction where the Property is located that
<br /> relate to health, saferi�or environmental protection.
<br /> NON-UNIFORMS COVENANTS. Borrower and Lcnder further covenant and agree as follows:
<br /> 21. Acceleratian; Remedies. Lender shall give notice io Borrower prior to acceleration following Borro�ti�er's breach
<br /> of an�� coccrtant or agreement in ihis Security� Instrument (but nol prior to acceteration under paragraph 17 unless
<br /> applicable latic p�ovides other���ise). The notice shall specify: (a) the default; (b) the action required to cure the default;
<br /> (c) a date, not less than 30 davs from the date the notice is give� to Borrower, by ���hich the default must be cured; and
<br /> (d) that failure to cure the dcfault on or before the date speciCed in the notice may resalt in acceleration of the sums
<br /> secureci by this Security Instrome�t and sal� of the Property. The notice shall further inform Borrotiver of the right to
<br /> reinstate after acceleration and the right to bring a court action to assert the non-existence of a defau(t or am� other
<br /> defense of I3orroa�er to accelerntioii and sale. If the defauit is not cured on or beFore the date specified ir. the notice,
<br /> I.ender, at its option, may require immediate paF�ment in fuil of all sums secured by this Security Inst:-ument without
<br /> further demand and ma}• invoke the po�ver of sale and any other remedies permitted b�� applicable law. I.ender shail be
<br /> entitled to collect alf expi,nses incurred in pursuing the remedies providecl in this paragraph 21, includin�, but not limited
<br /> to, reasonable attorncy�s' fec�and costs of title evidence.
<br /> if the po«�cr of salc is invokcd, Trastee shall rerord a notice of default in each count�� in which Any part of !he
<br /> Propert�• is Ic�cated and shall mail copies of such notice in the manner prescribed by applicable la«• to Iiurron�er and to
<br /> the other persons prescribed b��applicable la�a. After the time required by applicable law,Trusiee shall give public notire
<br /> nf sale to the per:s��ns and in the manner prescribecl by applicable law�. Trustee, w�ithout demand on Rorrm��er, shall sell
<br /> the Propertr at pi�blic auction tn tf�e highcst bidder at the time and place and under the ter►ns desi�nated in the notice of
<br /> sale iu o►�e or more parcels and in any order Trustee determines. Trustee ma�� postpone sale of aii �r any parcel oP thc
<br /> Propert�• f»• public announcement at the time and place of any previousiy scheduled sale. Lender or its designee may
<br /> purchase the Propert�•at am sale.
<br /> Form 3028 9f90
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