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� ��-�OQ�63 <br /> 17.Transfer o[the Property or a Beaet'ecial Int�in BorroweP. If all os any part of the Property or any interest in it <br /> is sold ar transferred(or if a beneficial interest in Borrawer is sold or transfernd and Borrower is not a natural person)without , <br /> L,rnder's ptior evritten consent, Lender may, at its option, require immediate payment in full of all sums savred by this <br /> Security Instrumect. However, this option shall not be ezercised 6y I.tader if ezercise is prohibited by federal la��as of the date <br /> of this Securiry Inswment. <br /> If Lender ezereises this option, Lrnder shall give Borro�er notice of acccleration. The notice shall provide a period of not ' <br /> less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this <br /> Security Instrua:ent. If Borrower faiSs ta pay these sums prior to the ezpiration of this period, I.ender may invoke aay remedies <br /> permitted by this Security Instrument without further notice or demand on Borrower. <br /> 18. Bonbwer's Rig62 to Reinstate. If Borrower mcets certain condicions, Borrower shall have the right to have <br /> rnforcement of�this Security Instrvment discontinued�at any time prior to the earlier of: (a) 5 days (or such other period as <br /> applicable taw may specify foi reinstatementj before�sale. of d�e Property pu�rstiant to any power of sale contained in this <br /> Security Instrumcnt; or(b)entriy ofa judgmeat enf'oicing•ttus-Seci:rity Instrument. Thbse conditions are t�at Botrower: (a)pays <br /> Lender a11 sums which then would be due under fhi� Su;urit:� I�strunent and the Note as if ao aaxleration had occurred; (b) <br /> c,�ures aay default of any othe;covenan►,s ar agre�menu; (c)�pays all expenses incurred in enforcing thi� Sacurity Instrument, , <br /> inciuding, but not limitcd to, reasonable attorncys' fees; and (d) takes such action as Lrnder may re.asonably require to assure <br /> that the lien of this Securiry Instrumtnt, L,ender's rights in the Property and Borrower's obligadon to pay the sums secured by <br /> this Security Instrument shall continu� unchanged. Upon reinstatement by Bo*rower, this Seturity Instrument and the <br /> abiigations secured hereby shall remain fu;;y effective as if no acceleration had occurrod. However, this right to reinstate shall ` <br /> not apply in the case of acxeleration und�:r parag:aph 17. • <br /> 19. Sale aP Note; Change of Lran Servicer. The Note or a partial interest in the Note (togEther with this Security <br /> Instrument)may be sold one or more tii:�es wi[hout prior notice to Borrower. A sale may result in a ch�ge in the entity(known <br /> as the 'Loan Servicer")that collxts monthly payments due under the Note and this Security Iastrurxnt. There also may be one <br /> or more changes of the Loan Servicer unrelated to a sale of the Note. lf t5�re is a change of tht Loan Servicer, Borrower will be <br /> given written notice of the change in accordance with paragraph 14 above and applicabie law.The notice will state the name and <br /> address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other <br /> infotmation required by applicable law. , <br /> 20. Huardous Subsiances. Borrower shal[ not cause or pemut the presence, use, disposal, storage, or release of any <br /> Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone elsc 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 Property of small quantities of Hazardous Substances that are generally reGOgniztd to be appropriate to normal <br /> residential uses and to maintenance of the Property. ' <br /> Borrower shall promptly give Lxnder written notice of aay investigation, claim, demand, lawsuit or other�action by any �- <br /> govemmental or regulatory agency or private party involving the Property and any Hazardous Substan�;e or Bnviro ntal Law � �'; <br /> of which Borrower has actual la�owledge. I`Borrower learns, or is notified by any governmental or regulatory au ority, that <br /> any removal or other rem�diation of any Hazardous Substance affecting che Pro�xrty is necessary, Borrower shall promp�ly take_ <br /> all neces,ary remedial actions in accordance with Environmental Law. <br /> As used in this paragraph 20, "Hazardaus Substances" are those substances defined as tozic or hazardoas substances by <br /> Environnxntal Law and the following substances: gasoline, kerosene, other f,ammable or tozic petroleum products, tozic <br /> pesticides and herbicides,volatile solvents, materials containing asbestos or formaldehyde,and radioactive materiais. As used in <br /> this paragraph 20, "Environmentai Law" means federal laws and laws of the jurisdictiun where the Property is locatod that <br /> relate to heaith, sa�°ety or environmentai protection. <br /> NON-UNIFORM COVENANTS. Bonower and Lender furrher covenant and agree as follows: <br /> 21. Acceleration; Remedies. I,eader shall give notice to Borrow,er prior to acceleretion foliowing Borrower's breach <br /> of an,y covenant or agreement in this Security Instnunent (but aot prior to acceleratlon under paragraph 1'1 unless <br /> applicable law provides otherwise). The notice shall specify: (a) the defavit; (b) the adion required to cure the default; <br /> (c) a date, not les�lhan 30 days from the date thr notice is given to Borrower, by which the default must be tured; and <br /> (d) that failure to cure ti�e defsult on or before the date specified in the notice mgy result in acceleratIoa of Lhe s�ums ' <br /> secured by this Security Instcvment and sxie of the Property, The notice shali feuther Infarm 13orrower of the rEght to <br /> reinstate after acceleraiion and the right to bring a court actian to assert the non-existence of a defauit o�- any other <br /> defense of Boirower to acceleration and sale. If the default is aot cured oa or before the date specifted in the notice, <br /> Lender, at its option, mav requlre imrnediate payment in full o[all sums secured by tWs Security InStrumP.nt without ° <br /> further demand and mcty i�voke the power of sale and any other remedies permltted by appllcable law. I,ender shall be <br /> entitled to collect all expenses incurred in pursving the remedies provided in this paragraph 21,including, but not limited <br /> to,reasonable attorneys' fees an�costs of title evidence. <br /> I[the power of sale Is t�voke�l, Trustce shall ren+�;.i a not(ce �t dePault in each county in which any part of the ' <br /> Property is located and shall mail co�:les of such notice in�he manm:r prescribed 'by aPplicable law to Bonrower and to <br /> . the other persons prescribed by appljcable taw. A1'ter the time requfree�by applicable law,Tivstee s6a11 give publlc notice <br /> of sa:�.o ihe persons and In tl�e mannPr prescribed by appticable law. T�tpe, wlthout demand ou Borrower, shafl sell <br /> the Property at public auction to the highest bidder at the YIme and place and under the terms des[gnated in the notice of <br /> sale in one or more parceLs and !n any ortler Trustee determines. Trustee may poy�tpone sale of all ar any.parcel of the <br /> Property by pub!ic announcement at the time and place of any previouslp sc6eduled sale. Lender or its designee may <br /> purchase the Property at any sale. <br /> ��6R(NE)is2izi.oz �6 0�e Form 3028 9/90 <br /> P <br /> IMtiNr. ' <br /> k , ,.� 'si►ii '}";1 <br /> � . <br /> , , <br /> o, . <br /> �� � - <br /> ,!t. _ �_ <br />