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<br /> 17.Tronsfer of the Hroperty or�Beneficial!nterest in Borrower. [f all or any part of the Property or any interest in it
<br /> is sold or transfcrred(or if a benefrcial interest in Banowcr is sold or transferred and Borrowe:is noe.a nawral personl witho�t
<br /> Lendcr's prior written consent, Lender may, at its option, require immediate payment in full ef al] sums securai by this
<br /> Secnrity Instrument.However,this option shall not be eztrcised by I.ender if ezercise is pr�hibited by f�xltral law as of the datc
<br /> of this Securiry Instrument.
<br /> If Lender ezercise�this option,L.ender sball give Borrowcr notice of acceleration.Thc notice shall provide a period of not
<br /> less than 30 days from the dute the notice is ctelivered or mailed within which Borrowcr must pay all sumc secured by this
<br /> Security Instrument. If Borrower fait�to pay these sums prior to the ezpiratian of this period, Lendex may invoke any remedies
<br /> permitted by this Security Instniment without further notice or demand on IIorrower.
<br /> 13. Borrower's Rlght to Retnstate. If Bo:rower meets certaxn conditions, Bonower shall have the right to havc
<br /> enforeement of tliis Securiry instrument discontinued at any time pri4r to the F,.arlier of: (a) 5 days (or such other period as
<br /> applicable law may specify for reinstatement) before sale of !he ProFerty pursUant to any po:ver of sale contained in this
<br /> Security instrument;or(b}entry of a judgment enforcing this Security Instrument.Those conditions are ffiat Borrower:(a)pays ,
<br /> Lender all sums which d�en would be due und�r this Securiry Instrument and thu Note as if no acceleration had occurred; (b)
<br /> cures any defauit of any othe•covenants or agmments; (c) pays all ezpenses incurred in enforcing this Sccurity Instrument,
<br /> im:luding, but not limited to, reasonable aito�nneys' :ees; and (d)takes such action as Lender may reasonably require to as;urc
<br /> that the lien of this Security Instrument, Lender's rights in the Property and Borrower's obligation ro pay the sums secured by
<br /> this Sccurry Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument and the
<br /> obligations secured hereby shall remun fully effective as if no acceleration had occuned. However, this right to rein,tate sh�ll
<br /> not apply in the case of acceleration under pazagraph 17.
<br /> 19. Snte of Note; Change of Loan Seivicer. The Note or a partial interest in the Note (together with lhis Securiry
<br /> Ir.strament)may be sold one or more:imes without prior notice to Borrower. A sale may result in a change in the entity(known ;
<br /> as the 'Loan Servicer")that collects�onchly payments due under the Note a�id this Security lnstmment. There also may be one
<br /> or more changes of ti�e L.oan Servicer unrelated to a sale of the Note. If there is a change af the Loan Servicer, Bonower will be
<br /> gaven written notice of the change in accordance with pazagraph 14 above and applicabie law.The notice wili state the name and
<br /> address of the new I.oan Servicer and the address to which payments should be made. The notice will also contain any other
<br /> information required by applicabiP law. �
<br /> 20. Ha7ardous Substances. Borrower shal! not caiise or permit the presence, use, disposal, storage, or releate of any
<br /> Ha7ardous Substances �n or in the Property. Borrawer shall not do, nor aliow anyone else to do, anything affecting the y
<br /> Property that is in violation of any Environmental Law. The ozeceding two sentences shall not apply to the presence, use, or
<br /> storage on the Property of smal] quantities of Hazardous Substances that are generally recngnized to be appropriata to nonnai
<br /> residential uses and to maintenaz�ce of the Property.
<br /> Borrower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other actiun by any
<br /> govemmental or regulatory agency or privatz party involving the Property and any Hazardous Substance or Environmental Law
<br /> of which Borrower has actuat knowledgs. If Borrower learns, or is notified by any g�vernmental or regalatory authority, that
<br /> any removal or other remediation of any Hazardous Substance affecting the Yroperty is necessary, BorroEVer shall promptly take
<br /> all necessary remedial actions in accordance�vith Environmeatal Law.
<br /> As used in this paragraph 20, "Hazardous Substances" are those substances defined as [oxic or hazardo�s substances by
<br /> Environmental Law� and the following substances: gasoline, kerosene, other flammable or toxic petroleum pro�ucts, toxic
<br /> pesticides and herbicides,��olatile so!vents, materials containing asbestos or fonr.aldehyde,and radioactive materials. As used in
<br /> this paragraph 20, "Envirocmental Law" means federal la.ws and laws of the jurisdiction where the Property is located that
<br /> relate to health,safety or environmental protection.
<br /> NON-UNIFORM COVENANTS.Bnnower and I.ender further covenant and agree as foliows:
<br /> 21. Accelerat[on;RemedIes. I,ender shall give^�tice t�Borrower pr6or to acceleration foliowing Borrow•er's breach
<br /> of any covenant or agreement in this Security instrument (but �wt prior to acceternYion under paragraph 17 anicss
<br /> applicable[aw provldes otl�erwlse). The notice shall specify: (a)the de(anit; (b) the action required to cure the default;
<br /> (c) a date, r,ot less than 30 days from the date the nolire is giveu fo IIorrawer, by wh3ch the defAUlt must bE cured; and
<br /> (d) that Cailure to cure the defanit on or'before the dnte specilied tn the notice may r��sult in acceleration of the sums
<br /> secur:d by this Security �(nstrument and sale of the Property. The notice shali further 3nform Borrower of the right to
<br /> reinstate after aceeleration and the right to bcing a court actiou to asse*t the non-existence of a default or any other
<br /> defense of Borrotiver to acceleration and sale. I�the deFauit is not cured on or beCore the date specified in the notice,
<br /> Lender, at its option, may require lmmedinie payment in full of all sums sezured by this Security Instr�ment �r•itliout
<br /> fcrther demand and may imoke the power of sale nnd any othcr remedies pennitted by applicabic l��v. Le�ider shail bc
<br /> enkitled to col(ect n!!expenses incurred i�i pursuing tise remedies provided in this paragraph 2l,including, but no3 limited
<br /> io,reasonable attorneys'fees and costs of tit{e evadence.
<br /> lf the power of sale is invoked, Trustee shall record a notice of de[ault iu each county in wi�ich any part of the •
<br /> Property is located and shull matl coFies of such notice in the manner prescribed by npplicflble law to Rorrower and to '
<br /> the other persons prescribed by a�plicabl�law.r#fter the t(me requ(red by Applirable lnw,Tnutee shail give publEc notice � .
<br /> of sale to the pr.rsons and in the rsanner prescribed by appllcable isw. Tnistee, without demund on Borrow�r, shall sel!
<br /> the Property at publIc anctlon to the hlghest b[dder at the ttme and piace and under the tern�s designated in the notice of
<br /> safe in one or tt�ore parcels and in Any order Trustee determines. Trustee ma}� poskpone snle of ali or any parccl of tl:e
<br /> Prope:ty by public announcement ut the ttme and place e[any previously scheduled sale. Le�sder or its designce may
<br /> purchase ihe Property at any sale.
<br /> F'orm 3028 9/90
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