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17. Transfer of the Property or u Beneficial Inter�t in Borrower. If ail or any part of the Property or any interest in it
<br /> is s4ld or transferred (or if a beneficiai ir,terest in Borrower is sold or transferred and Borrower is not a natural perton)without
<br /> Lender's prior writte❑ consent. Lender may, at its option, require immed�ate payment in full of all sums secured by this
<br /> _ Securiry Tnstrument. However, this option shall not be exercised by Lender if exercisG is prohibited by federal law as of the date
<br /> of this Security Instrement.
<br /> If L.ender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not
<br /> , less tfian 30 days from the date the notice is delivered or mailed within which Borrower must pay all sams secured by this
<br /> Securiry Instrument. If Borro�ver fai3s to pay these sums prior to the expiration of this period, Lender may invoke any temeciies '
<br /> permitted by this Security Instrumer.t without further notice or demarr�on Borrower.
<br /> 18. Borro�F�er's Right to Reanstate. If 8orcower mects cenain conditions, Bonower shall have the right to ha4e
<br /> enforcement of.this Security Instrument discontinued at any time prior to the earlier of: (a) 5 days (or such other period as
<br /> applicable law may specify for reinstatementj before sale of the Property parsuant to any power of sale contained in this
<br /> Security Instrument;or(b)entry o�a judgment enforcing this Security Instrument.'fhose conditions are that Barrower. (a)pays
<br /> Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b)
<br /> cures any default c,f any other coveraants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument,
<br /> including, but not limited to, reasonable atiorneys' fee.e; and (d) takes such action as Lender rrsay reasonably require to assure
<br /> that the lien of this Secnriry Instrumert, L,ender's rights in the Property and Borrower's obligation to pay the sums secured by �
<br /> this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this Secariry Inswment and the �
<br /> obligutions secured hereby shall remain fully effective as if cio acceleration had occurred. However, this right to reinstate shall `
<br /> not apply in tha case of acceleration under paragraph 17.
<br /> 19. Sale of Note; Change of Loan Ser+iicer. The Note or a partial interest in the Note (together with this Security � '
<br /> Ins[rument)may be sald one or more times without Qrior notice to Eonower. A sale may result in a change in the entity(known Q
<br /> as the "Loan Sen�icer"j that callects monthly payments due under the Note and this Security Instrument. There also may be one �
<br /> or more changes of the L,oan Servicer unrelated to a sale af the Nofe. If there is a change of the Loan Servicer, Barrower will be .�
<br /> given written notice of the change in accordance with paragraph I4 above and applicable law. Tt�e notice will state;the name and �- _
<br /> address of the new Loan Servicer and the address to which payments should be made. The notice wili also conta�'�n any other �
<br /> inCormation required by applicable law.
<br /> 20. Ii;zardous Substances. Borruwer shall not cause or permit the presence, use, dis�sal, storage, or reiease of any
<br /> Hazardous Substances on or in the Property. Bottower shall not do, �or allow anynne else to do, a�ytliing ai'fecting the
<br /> Property that is in violatirn� of any Environmentai Law. The preceding two sentences shall not apply ro the presence, use, or
<br /> storage�n the Froperty of cmall quantities of Hazardous Substances that are generally recognized to be appropriate to normal
<br /> residential uses and to maintenance of the Property.
<br /> Borrower shall promptly give Lender written notice of any investigation, cla�m, demand, lawsuit or other action by any
<br /> governmen!al or regulatory agency or private parry involving the Property and any Hazardous Substance or Environmental Law
<br /> of which Borrower has actual knowledge. If Borrower learns, or is notified by any governmental or regularory authority, that
<br /> any remova!or other remediation of any Hazardous Substance affeciing the Property is necessary, Borrower shall prompdy take
<br /> all necessary remedial actions in accordance wi[h Environmental Law.
<br /> As used in this paragraph 20, "Hazardous Substances" 3re those substances defined as toxic or hazardous substances bv
<br /> Environmental Law and the follow�ing substances: gasoline, icerosene, other tlammable or toxic pctroleun� prcxlucts, rozic
<br /> pesuc;des and herbicides, volatile solvents, materials containing asbestos or formaldehyde,and radioactive materiats. As used in
<br /> this paragrapf� 20, "Environmental Law" means fecieral laws and laws of the jurisdiction where ihe Property is located that
<br /> relate to health, safety or environmental protection.
<br /> NON-UNlFORM COVENANTS. Bonower and Lender further covenant and aaree as follows:
<br /> 21. Accelcration; Remedies. E,ender shall give notice to Borrower prior to acceleration following 8orro�ver's breach
<br /> aT any covenani or agreement in �his Security Instru�nent (but noi prior to accelecation under p:�ragrupli 17 unless
<br /> applicable law provides othe:�vise). '�he notice shail specify: {a) the deFault; (b) the action rcyuired to cure the defa�lt;
<br /> (c) a date, not less than 30 days From the date the notice is given to i3orrower, by which the defautt must be cured; and ^
<br /> (d) that failure to cure the defa�lt on or before the date speci�ed in the notice may result in accelen�tion of the sums
<br /> secured by this Security Instrument and sale of the Property. The notice shall further inf'orm Borro�ver of the right to
<br /> reinstate after acceleration and the ri��f to bring a eourt ac4ion to ussert the non-existence of a default or any other
<br /> defense of Boreower to acceleration and sale. If the default is not cured on or before the date specified in the nutice,
<br /> Lender, at its option, may rer,uire immedi�te psvment i� full of a!1 sums secured by thEs Security Instrumer.t �ti�ithout
<br /> further demsnd and may invoke the poweK;�f sale and any other remedies perniittecl by applicable iaw. I,ender shall be
<br /> entitled to collect all expenses incurrer!in pursuing the remedies prQVided in fhis paragraph 21, iocluding, but not limited
<br /> to, reasonable uttorne,ys' fees and costs of title evidence.
<br /> If the po«•er of sale is invoked, Trustee shall record a notice of defauli in each county in which any part of the
<br /> Property is located and shall mail copies of such notice in the manner prescribec3 by applicable law to Sorro�r�er and to
<br /> the other persons prescribed bp applicable law. After the time required b,y a�plicable law9 Trustee shall�ive public notice
<br /> of sale to the persons And in the man�aer prescribed by applicable la�v. Tn�stee, without drmand on Bnrrower, shall sell
<br /> the Proprrty at pul�iic auction to the highest bidder at the time and place and under the terms desi�nated in the natice of
<br /> sale in one or more parcels and in any order Trustee determines. Traistee muy postpone sale of all or an�• parcel of the
<br /> Propert� by public announcement at the time and ptace of any previously scheduled sale. Lender or its designee may
<br /> purchase the Propert�•at any sale. '
<br /> Form 3028 9i90
<br /> Page 5 al 8
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