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<br /> U. Tcanzfer oP the Property or a �?enefieia➢ Interest in B+nrrower,if all or any part af the Property�r any interest in it
<br /> is soid or transferred (or if a benefizial interest in Bonvwer is sold or transCerred and Borrower is not a natutal person)without
<br /> Lender's prior written consent, Lender may, at its option, require immediate payment in ful! of all sums secnred by this
<br /> Security Instrument. Nowever, this option shali not be ezercised by L.eader if exercise is prohibited by federai law as of the date
<br /> of this Security Instrument.
<br /> If Lender exercises this option, Lender shall give Botrower notice of acceleration. The notice shal!pmvide a reriod of not
<br /> less than 30 days from the date die notice is delivered or cnailed within which Boi�rower must pay al1 sums secured 5y this
<br /> Securiry Instru:neni. If Borrower fails to pay these sums prior ta the ezpiration of this period, L.ender may iovuke any recnedies •
<br /> pr,rmitted by this Security Jnstrument without further notice or demand on Borrower.
<br /> 18. Borrower's Righk to Reinstate. If Borrower meets certain conditions, Borrower shall ha�•e the right to ha�c �
<br /> enforcement qf this Security Instru:nent discontinued at any time prior to the tarlier of: (a) 5 days {or scch other period as �
<br /> applicabie !aw may specify for reinstatemer.t) before sale of the Property pursuant to any power of sale contained in this
<br /> Security Instrument: or!b)entry of a judgment e^;orcing this Security Instrumeni.Those conditions are that Borrower: (a)pays �
<br /> Lender alt sums which then would be due under this Security [rttrument and the Note as if no accel�ration had ucettrred; (b) 0
<br /> cures any defanit of any oiher covenants or agreements; (c} pzys afl expen.ses incurred in enforcing this Security lnstr�ment, �
<br /> incl�ding, but not limited to, reasonable attorneys' fees; and (d} takes such action as I.ender may reasonabiy require ta assure
<br />� that the IEen of this Security Instrument, L.ender's rights in the Property ar;d B�trower's obligation to pay the sums secured by Q�
<br />� this Security Instrument shall continue unchanged. Upon reinstatement by Bonower, this Scxurity instrument and the �
<br /> i obligations secured hereby shall remai� fully effective as if no accelwration had occ�ired. However, this right to reinstate sh:;i� ►�
<br /> not apply in the case of acceieraiion under paragraph 17.
<br /> 19. Saie Qf Note; Change of Lo2n Servicer. The Note or a partial interest in the Note (rogether with this'Securiiy �
<br /> I�strument)may be sold one or more times without prior�iotice to Borrower. A sale may result in a change in the entity(known
<br /> as the "L.oan Servicer")t5at collects mohthly payments due under t5e Nate and ihis Security Instrument. There atso may be one
<br /> or more changes of the L.oan Servicer unrelated to a sate of the Note. If there is a change of the Loan Servicer, Borower wil!be
<br /> given written notice ot the change in accosdance with paragraph 14 above ar�d applicable law. The n�tice 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 /> ir,formation required by applicab!e law. „ ,
<br /> 2�. Ha�ardous Substaraces. Borrower shall not cause or permit ttie presence, use, disposal, storage, or r l:ase of any ` '- _
<br /> Hazardous Substances on or i� the Property Borrower shall not do, nor allow anyone else to Jo, anything�ffecting the
<br /> Propeny that is in violation of any Environmental Law. The preceding two sentences shal! not apply to :he presenec. use, or
<br /> storage on the Property of small quantities of Hazardous �i�.�5stances ihat are generally recognized to be appmpriate to norn�ai
<br /> residential uses and to:naintenance of the°roperty.
<br /> Borcower shall promptly give Lender writtert notice of any investigation, claim, demand, lawsuit or other action by any I
<br /> govemmental or regulatory agency or private party involving the Property an�any Hazardous Substance nr Environrnenta� Law
<br /> of which Borrower has actual knowledg.e. If Borrower learns, or is notifled by a�iy governmental or regulatory auehority, that
<br /> any removal or other remediation of any Hazardo�s Substance affecting the Property is necessary, Borrower shali promptly take �
<br /> all necessary remedial a4tions iri accordance with Environmentai Law.
<br /> As used in this paragraph 20, "Hazardous Substz�ces" are those substane�s de�ned as toxic or ha7ardous substances by
<br /> Environmental Law and the folfowing substances: gasoline, kerosene, other fla�mmable or toxic petr�leum pralucts, toxic
<br /> pesticides and ;,erbicides, vo!atiie solvents, rnaterials containing asbestos ar formatdehyde,and radioactive materiaEs. As used ir
<br /> this para�raph 20, "Environmental Law" means federal laws and laws of the jurisdiction whcre tiie Property is located th�t
<br /> relate to health, safety or enti�ironmental protection.
<br /> NON-UNIFORM COVENANTS. Sorrower and Lender further c�venant knd aJree as fol!ows:
<br /> 21. Acceleration; Tden�edies. Lender shall give �otice ta Borrower prior to acceleration follawing Borrower's breacn
<br /> of am• covenattt or agreement in this Sc�curity Instrumenk (but n�t prior ta accelerati�n under paragraph 17 unless
<br /> applical�le ia�v pro��ides othenvise). The notkce shall specif�: (a) the defaalt; (b) tlhe action required to cure the dePault;
<br /> (c) a date, not less than 30 days fram the date the notice is given ta Borrow�er, by which the defautt must be cured; and
<br /> (d) that t'ailure to care che default on or before the date speciCed in the notice may result in acceleration �I'thc sums
<br /> secured by lhis Security InstramQni and sale of t�e Property. The r�otice shall further 'rnforni Borro���e�af the right to
<br /> reinstafe after s�cceleration and the right to bring a court actEon to acsert the non-existence oF a def�ult nr an�• other
<br /> defense of Eorro���er to acceleratinn and sale. If the det'ault is not cured nn or before the date speclfied in the nofice,
<br /> Lender, at its option, may require immediate payment in fuU �P all sums securect by this Security Instrument without
<br /> fd!rther demand and �nay im�oke !he power Qf sale and any other rcmedies prrtnitted t�y �pplErable law•. ➢,rnder shall be
<br /> entitled to coU��ct all expenses incurred in pursuing the remedies provided in this paragraph 21, incindinR, hut not!imited
<br /> to, rcasonable attorneys' fees and rosts oP titee evidence.
<br /> If the po�ti�er of sale is invoked, Trustee shall record a notice �nf deCaalt in each cow�ts� in which any pvrt of the
<br /> Propertv is located and sha�l mail copies of such notice in the rnanner �rescribr� by applicable law to Borro�►�er and lo
<br /> the other persons prescribed by applicable law. After the time required by applicable la�v,T'rustee shall�ive F;�blic notice
<br /> of sale to the persoqs and in the manner prescribed by appiErable iaov. Trustee, ovithout demand on Borrowcr, shall sell
<br /> the Property at public auction to the highest bidder at the time ac�d �lace and undee the fernis designated in the notire of
<br /> sale in o��e or more parcels and in any order Trustee dete�mines. Tevstee naai ,p�stpone sale of all or any parcel of thr
<br /> Property b•� public announcemeret at the tirne and place of�ny previa;,�sly scheduled s�le. [,ender or its designec may
<br /> purchase the Pro�e�;y at any sale.
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<br /> Form 3028 9/90
<br /> Paga 5 of 6 �i
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