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17. Transfer of the Property or a Beneficial Interest in Borrower. if al! or any part of the Property or any interest in it
<br />is sold or transferred (or if a beneficial interest in Borrower is sold or transferrer! and Borrower is not a natural person) without
<br />Lender's prior written consent, Lender may, at its option, require immediatf• payment in full of all sums secured by this
<br />Security Instrument. However, this option shall not be Pxercised by Lender if exercise is prohibited by federal law as of the date
<br />of this Security Instrument.
<br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not
<br />less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this
<br />Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies
<br />permitted by this Security Instrument without further notice or demand on Borrower.
<br />18. Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have
<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 reinstatement) before sale of the Property pursuant to any power of sale contained in this
<br />Security Instrument; or (b) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays
<br />Lender all sums which then would be due under this Security Instrument and the Note as if no acceletation had occurred; (b)
<br />cures any default of any other covenants or agreements; (c) pays ali expenses incurred in enforcing this Security Instrument,
<br />including. but not limited to, reasonable attorneys' fees; and (d) takes such action as Lender may reasottabl,y require to assure
<br />that the lien of this Security Instrument, Lender'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 Security Instrument and the
<br />obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall
<br />not apply in the case of acceleration under paragraph 17,
<br />19. Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security
<br />Instrument) may be sold one or more titncs without prior notice to Borrower. A sale may result in a change in the entity (known
<br />as the "Loan Servicer ") that collects monthly payments due under the Note and this Security instrument. There also may be one
<br />or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be
<br />given written notice of the change in accordance with paragraph 14 s;>ove and applicable law. The notice will state the name and
<br />address of the new Loan Servicer and the address to which payments should be made. The notice wjll. also contain any other
<br />information required by applicable law,
<br />20. Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any
<br />Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting ;he
<br />Property that is in violation of any Environmental Law, The preceding two sentences shall not apply to the presence, use, or
<br />storage on the Property of small 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, claim, demand, lawsuit or other action by any
<br />governmental or regulatory agency or private party 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 regulatory authority, that
<br />any removal or other remediation of any Hazardwis Substance affecting the Property is necessary, Borrower shall promptly take
<br />all necessary remedial actions in accordance with Environmental Law,
<br />As utied in this paragraph 20, "llamrdous Substanccs" are those substances defined as toxic or hazardous substances by
<br />Environmental Law and the following, substances: ga:.oline, 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 />this paragraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br />relate to health, safety or environmental protection,
<br />NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />21. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach
<br />of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraph 17 unless
<br />applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default;
<br />�c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and
<br />(d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums
<br />secured by this Security instrument and sale of the Property. The notice shall further Inform Borrower of the right to
<br />reinstate after acceleration and the right to bring a court action to ascert the non - existence of a derault or any other
<br />( ense of Borrower to acceleration and Sale. If the default is not cured on or before the date specified in the notice,
<br />Lender, at its option, may require immediate payment in full or all sums secured by this Security Instrument without
<br />further demand and may Invoke the power of sale and any other remedies permitted by applicable law. Lender shall be
<br />entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 21, Including, but not limited
<br />to, reasonable attorneys' fees and costs of title evidence.
<br />If the power or sale is Invoked, Trustee shall record a notice of default In each county in which any part of the
<br />Property is located and shall mail copies or such notice In the manner prescribed by applicable law to Borrower and to
<br />the other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice
<br />of gale to the persons and in Cite manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell
<br />the Property at public auctlen to the highest bidder at the [line and place and under the terms designated in the notice of
<br />sale in onto or ntnre parcels and In any order Trustee determines. Trustee may postpone sale of all or any parcel of the
<br />Property by put-.17C announcement at the time and place or any previously scheduled sale. Lender or Its designee may
<br />purchase the Pro1wrty at any sale.
<br />Form 3028 8/90
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