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<br /> 17.Transfer of ihe P;operiy or a BeneSciai Interect in Borro�er.If ail or any part of the Pro�xrty or any interest in it
<br /> is sold or transfe:red (or if a beneficial interesi in Borrower is sold or transferred and Bortowr.r is not a natural person)without
<br /> Lender's prior wr�tten .onsent, Lender may, at its option, require immediate gzymer.t in fult of ali sums secured by this
<br /> Security Instn:ment. However, this option shall rx>t be exercised by I.ender if ezercise is prohibittd by federal law as of the date
<br /> � of this Security Ittsttument.
<br /> If Lender exercises this option, Lender shall givc Esorrower notice of acceleration.The notic:e shall pmvide a period of not
<br /> less than 30 ciays from the date Sie notice is �eiivered or mailed within which Borrowec must pay alf sums secured by this .
<br /> Security lnstrum�rt. If Borrower fails to pay th�e sums prior^to the expiration of this period, Lender may invoke any remedies ,�
<br /> permitted bv this Security Instrume:d without further notice or deman8 on Borrower. , �
<br /> 18. �amr+wer's 62ight io Reiautate. If Borrower meeu certain conditions, Borrower shall have the right to have �
<br /> enforcement of this Security Icutrument dis:.ontinues: at any tirrte prior to the earlier of: (a) 5 days (or such o45er perioJ as
<br /> aaplicable law -r;iay specifv for reinsta,emerit) be;ore sale of the PrJperty pursuant to any power of sale rnntained in ttiis �
<br /> Security I!utrument;o:(b)entry of a judgment enfarcing this Security Instrument.,Those cos�ditions are thai 3orrower: (a?pays C'�
<br /> I,ender all sums which then weuld be dac under this Security Instrument and the Note as if no acceleration had occurred; (b) ��
<br /> cures 2ny default of any other ar�enants or agreements; (c) pays aIl ezpcnses inc+irred in enforcing this Security instrurrtent, (j(
<br /> in�l�ding, but not iirni±ed to, reaso^ab(e attorneys' fec��s; and (d} akes such actiun as Lender may reasonably require ro aasure �
<br /> tteat the liea of tbis Security Instrument, I,ender's rights ir�the Property and Borrower's ob'.igation to pay the sums secured by �
<br /> this Secu:ity Instrum�nt shall cnr.tinue unchanged. L3pon reinstatement by Borrower, this Security InsWment and the
<br /> o�ligations secured hereby shalt remain futly effective as if no acceleration had occurred. However, this right to reinstatt shall
<br /> not apply in the�ase of acceieration under paragraph 17.
<br /> 14. SaIQ of �tote; Change of Loan Servicer. The Note or a par:ial in[erest in the Note (together with this Security
<br /> Instrument)may be sold onP or more times without prior notice to Borrower. A sale may result in a change in the entity([cnown
<br /> as the "Loan Servicc:"}that collects monthly payrnents due under the Note and this Security Instrument. Thrre also may bc one
<br /> or more changes of the Loan Servicer unrelated to a safe of the Note. If there is a ctiange of the Loan Servicer, Borrower will Ce
<br /> given written notice cf the change in accordance with paragraph I4 above and apolieable law.The notice will state the name and
<br /> address ef the new Loan Servicer and the address to which payments should be made. 'il?� notice will also contain any other
<br /> inforniation reguired by applicable law.
<br /> ZP. Hazardous Substances. Borrower shalf not cause or permit the presence, use, disposal, storage, or release of any
<br /> Hazardo��s Substances on or in the Property. Borrower sha(f rroi do, nor allow anyone else to do, anything affec:ing the
<br /> Property tl�at is in violation o�any Environmental Law. The preceding twc sentences shafl not apply to the presence, use, or
<br /> stonge on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to nortnal
<br /> residential uses and to maintenance of the Propecty.
<br /> Borrow�er shall promptly give L.ender written notice of any investigation, claim, deman�, lawsuit or other aciion by any
<br /> governmental or-regulatory agency or privatP party jnvalving the Property and any Hazardous Substance or Environmental Law
<br /> of which Bonower has actual ki:owledge. If Borrower teams, or is notified by any governmental or iegulator� authority, that
<br /> any removai or other remediation af any Hazzrdous Substance affecting the Property is necessary, Borrower shall prompdy take
<br /> ail necessary remedia!actions in accordance with Ervironmental Law.
<br /> As used in this paragraph 20. "Hazardous Substances" are those substances defined as toxic or hazardous substances by
<br /> EnvironmentaC Law and ttie following sebstances: gasoline, kerosene, other flammable or toxic petroleum products, toxic
<br /> pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As used in
<br /> ttiis paragraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Pro�erty is located that
<br /> relate to health, safety��r environmental protection.
<br /> NON-UNIFORbt COVENANTS. Borrower and Lender further covcnant and agree as follows:
<br /> 21. Acceleration; Remeclies. Lender shall geve notice to Borro�vee prior to aczeleration following Borrnwer's breaci� ._
<br /> af any covenant or agreement in this Security Instrument (but not prior to acceler�tion ander parag�raph 17 unless '
<br /> applicable law provides otherw•ise). The notice shall speciFy: (a) the default; (b) the action required to c��e the default;
<br /> �c) a date, not less than 30 days from the date the notice is given to Borrower, by wh�ch the default must be eured; and
<br /> (d) that failure to cure the default on or before the date specified in the notice mAy resuit in acceleration of 2he sums
<br /> secured b�� this Security Instrument and sale of the Property. The natice shall further inform Borrower of the right to
<br /> reinstate after acceleration and the right to bring a court action to assert the non-existe�:re of a defautt or any other
<br /> � �e[ense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in 4he notice,
<br /> - Lender, at its opt9on, may rec�uire immediate payment in fuil of all sums secured b}• this Security Instrr�ment without
<br /> further demand and may invoke the power of sale and any other remedies permitiec� by applicable law. Ixnder shall be
<br /> entitled to collect afl experues ir.curred i��pursuing the remedies prnvided in this paragraph 21,including,but not limited
<br /> to, reasonnb�e attorneys' fces and costs o[title evi�ence.
<br /> lf the �ower of sale is invoked, Trustee shall record a notice of default 3n each county in which any part of tne
<br /> Propert�� is loca`_�d and shal! mail copies of such notice in the manner prescribed by applicable law to Borcower and to
<br /> the other persons prescribed by applicable law.After the time required by applicable law,Tru.�tee shall give public notice
<br /> of saie to the persons and in tbe m�anner prescribed by applicable law. Trustee, w�thout t�emand on Rorcower, shall seli
<br /> ` ' the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice aT
<br /> sa{e in onP or more parcels ar.d in any order Trustee determines. Trustee m�y postpone sale of all or any parcpl �f the
<br /> `� Property by public announcement at the time and nlace of any previourly scheduled saie. Lender or its designee may
<br /> i purcha.se the Property at any sale.
<br /> �:
<br /> Form 3026 9/90
<br /> Pape 5 01 8
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<br /> �G , �-
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