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1�7. Transfer �af the Prop�e�ty or a Benefiaisl interest in Borrower. i� au or any part of cne PropeRy or
<br /> any interest h k is sold or transferred (or N a beneficfal interest in Borrowar fs 5�Id ar Vansfsrted and Borrower Is not a natural
<br /> parson) wkhout lender's prinr written consent, Le�der may,at ks optbn, requh0 immediate pgyment irt full Of ell sums SeCUred by
<br /> this Securky lnshument. HoN•ever, thts option shall no4 be exerofsed by Lender M exeroise fs prohibk�gd by federal iaw as of the
<br /> data of this Security Instrument.
<br /> if Lender exerc�ses this option, Lendar shali give Borrower notice of acceleration. 1'he not�ce shalt provide a pe�iod of not
<br /> less than 30 days trom the dato the notice is delivered 6� mailed withh which Borrower must pay all suns secured t+y thfs �
<br /> Se�urity Instrument. if BoROwer faiis to pay these sums prior to the expiration of this period, Lendsr may invoke any remedfes
<br /> permitted bv thfs Security Instrumant without further notice or demand on Borrower.
<br /> 18._Borrower's Right to Reinstate. ir sorrower meecs cartain cond'Rbns, Borrower sheA have the rignt to have :
<br /> enforcemont of this 5ecurity Instrvment dlsconthued at any tfine prfor to the '0arlfer of: (a) 5 days (�r such ather perbd as �
<br /> applicable law may specify tor reinstatement) before sele of the Property pursuant`to any power ot sale contained iri this Securky _�
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<br /> Instrument; or (b) entry of a judgment enforcing this Security instrumenL Those condkbns are that Borro�er. (a) pay Lendar atl
<br /> sums which lhen would be due under this Security Instrument and the Note as N no accelerntbn hed or,cuned; (b) ures any �
<br /> defauk of any other covenant or agreements; (c) peys ail expenses incurred in enforcing this Security Instrument, fnciuding, but Q ?
<br /> not lunited ta, reasonabie attameys' fees; and (d) takes such ection as Lender may reasonably require to gssure that the lien of O
<br /> this Security Instrument, l.enders rghts in the Proparty and Fiorrower's obligaYron to pny the sums secured by this Security �
<br /> 4nstrume�t shaB c�ntinue unchanged. Upon reinstetoment by Bortower, this S�scurity Instrument and tho obligatbns secured � ?
<br /> hereby shnll remah fuly effocthre as M no acceleratbn had,occurred. However, this right to reinstate shall not appy �n the case �
<br /> of acceleratia� under paragraph t7.
<br /> 19. Sale of Plote; Chang� of Loan Servicer. Tt,e Note or a a partiai hterest h tho Note �co9e�fier wrtn �n�
<br /> Securiry Instrument) may be sotd ana or more times wRhout prior notice to Borrower. A sals may resuR h a change fn the entky
<br /> (known as the "Loan Servicer') that co(lects monthly payments due undar the Note and thls Securky Instrument. There also may
<br /> �a one or more changes of the Loan Servicer unreleted to a sele oi the Note. It there is a change oi the Loan Ssrvicer,
<br /> Bortownr wi!I be given written nofice of the change in accordance with paragreph 14 above and applicable Iaw. Tho nolice will
<br /> state the nsme and address of lhe new Loan Serv�er and the address to whbh payments shouid be made. The no4iCe wfli elso
<br /> conkain any othe; infortn�tion required by applicable law.
<br /> 20. a18Z9rdOUS SUbStBItCt'S. Borrower shail not causo or pertnit ihe presence, use, disposat, storage, or release ot
<br /> any Hazardous Substances on or in the PropeRy. 9orrower shall not do, nor allow anyone else ta do, anything r�Necting tho :
<br /> Property that is v� violation of any Env'conmental Law. The preceding two sentences shaii not apph� to the presa�ee, usa, or
<br /> stor�ge on the Property of smali quantkies o( Hazardous Substances that are generally recognized to be 8ppropriete to normal :
<br /> rasidential uses and ;o mainCenance of th6 Property.
<br /> Bo�rower shall promptiy give Lender wrotten notice of any investgation, cla+m, demend, lawsuk or othor action by any
<br /> govemmental or rogulatory agency or private party invoNng the Property and any Hazardous Substancs or Envrconmenta{ Law of
<br /> which Bo�rower has actual knowledge. !f BoROwer leams, or fs notiTied by any govemmental or regulatory authority, that any
<br /> removat or other remed�tion of any Hazardous Substance affecting Property is necessary, Borrower shall prcmptiy Wke all
<br /> necessary remedial actions in accordance wRh Envrconmental Law.
<br /> As used in this paragraph 20, "HazErdous Substances" are those substanCes def'med es 4oxic or hazardous substances by
<br /> Environmental Law and the foilowir.g substances: gasoline, kesosene, other ilammabla or toxic petroleum products, toxic
<br />. pesticides and herbicides, volstiie soNents, materials conteining asbestos or formaldehyde, and radioacCrve materiais. As used 'm
<br /> paragraph 20, "Environmental Law' means federal laws and laws of the jurisdiction where the Property Is bcatsd that relste to
<br /> heafth, safety or anv'conmanta� protsction.
<br /> NON•UNIFORM COVEhaNI'S. Bprrower and Lender further covenant and agree as tollows:
<br /> 21. Acceleratlon; Rerr�edies. Lender shall give notice to Borrower prior to acceleratlon
<br /> follow(ng Borrower's brea�h of any covenant or agreement in 4his Security instrument (but not :
<br /> prior to acceleration under paragraph 17 unless apRiicable law provides oiherwise). The notice
<br /> shali specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than
<br /> 30 days frorn ti�e date the notiae is given ta Bo�rower, by whtch ihe d�fault must be cured; and
<br /> (d) that failure to cure the default on or befare the date specified in the notice may result in :
<br /> acceleration oi the sums secured by this Security instrument and sale of the Prnperty. The notice :
<br /> shail further inform Borrower of the rlght to ref�state eiter acceleration and ihe right to b�ing a :
<br /> court action xo assert the non-existence of a default or �ny othet defense oi Borrower to
<br /> • acceleration and sale. If the default is not cured on or befnre xhe date specified in the notice,
<br /> Lender �t its option may requlre immediate payenent tn full of all sums secured by this Securiry :
<br /> InsVument witl�oui furth�r d�mand and may invoke the power of sal� and any other remedies
<br /> permitted by applicabie law. iender shall be entitled to cullect all expenses incurred in pursuing :
<br /> the remedies provided in thiss paragraph 21, includtng, but not lirnited to, reasonable attorneys' :
<br /> fees and cogts oi title evid�ence.
<br /> If the power oi sale is invoked, Trustee shail re�ord a not�ae ot default in each county in :
<br /> which any part of the Property Is located and shall maii copies of such no3ice in the manner
<br /> preacrlbed by applicabfe law to Bnrsower and to the other persvns prescribed by e�lpiicable lewr
<br /> Aft�r .h� time required by appiicabie law, Trustes shall give R�blic notic� of sale to'�he persons '- -.�
<br /> and in tne manner prescribed by appitcable law. Trustee, without demand on Borrawe�sha�ll aell
<br /> the Property at public auction to the highest aidder a4 the time a►�d place and under ttie terms
<br /> designated in the not(ce of sale in one o� more parcets and tn any order Trustee d�termines.
<br /> Trustee may postpone sale ot all nr any parcel of the Property by publtc announcement at the
<br /> time and pface ot any prevlausly scheduled sale. Lender or its designee may purchase the
<br /> property et any �ale.
<br /> Upon receipt of payment of the price bid, Trustee shall deltver to the purchaser Trustee's
<br />, deed conveyfng the Property. The recitsla in the Trust�e's deed shall be prime fecie �vidence of
<br /> the truth of the atatements made tharein. vrustee shall appiy th� proceeda of the aale in the
<br /> faflowing order: (a) to all costs and expenses af exercistn� the power of sale, and +ihe sale,
<br /> (nciuding the payment of the Truatee's tees actually incurred, not to exceed three
<br /> _ % of the p�incipei amount oT the
<br /> note at the tfine ot ths dcclaraUon of defaul4, and reascrnable attarney's faes aa permitted by law;
<br /> (b) to atl sums stcured by this 5ecurity ImsVument; and (c) any �xcesa to the person or persona
<br />, legeily entitied to fL ,
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