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<br /> by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke
<br /> any remedies pemutted by this Security Instrument without fiuther notice or demand on Borrower.
<br /> 18. Borrower's Right to Reinstate. If Bonower meets certain conditions, Bonower shall have the right to have
<br /> enforcement of this Security Instrument discontinued at any time prior to the eazlier 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�re that Bonower: (a)
<br /> pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had
<br /> occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this
<br /> Security Instrument, including, but not limited to, reasonable attomeys' fees; and (d) takes such action as Lender may
<br /> reasonably require to assure that the lien of this Security Instrument, Lender's rights in the Property and Bonower's
<br /> obligation to pay the sums secured by this Security Instrument shall continue unchanged. Upon reinstatement by Bonower,
<br /> this Security Instrument and the obligations secured hereby shall remain fully effective as if no acceleration had occuned.
<br /> However, this right to reinstate shall 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 times without prior notice to Borrower. A sale may result in a change in the entity
<br /> (known as the "Loan Servicer") that collects monthly payments due under the Note and this Security Instrument. There
<br /> also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan
<br /> Servicer, Bonower,wi11 be given written notice of the change in accordauce with paragraph 14 above and applicable law.
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<br /> The notice will also contain any other information required by applicable law.
<br /> 20. Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of
<br /> any Hazardous Substances on or in the Property. Bonower shall not do, nor allow anyone else to do, anything affecting
<br /> the Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence,
<br /> use, or storage on the Property of small quantities of Hazardous Substances that aze generally recognized to be appropriate
<br /> to normal residential uses and to maintenance of the Property. '
<br /> Bonower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by
<br /> any governmental or regulatory agency or private party involving the Properiy and any Hazardous Substance or Environ-
<br /> mental Law of which Borrower has actual knowledge. If Bonower learns, or is notified by any governmental or regulatory
<br /> authority, that any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Bonower
<br /> shall promptly take all necessary remedial actions in accordance with Environmental Law.
<br /> As used in this pazagraph 20, "Hazardous Substances" are those substances defined as toxic or hazardous substances
<br /> by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products,
<br /> tozic pesticides and herbicides, volatile solvents, materiais containing asbestos or formaldehyde, and radioactive materials.
<br /> As used in this pazagraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is
<br /> located that relate to health, safety or environmental protection.
<br /> NoN-UH►FOxM Cov�nx�rs. 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
<br /> breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraph 17
<br /> unless applicable law provides otherwise).The notice shall specify: (a)the default; (b) the action required to cure the
<br /> default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be
<br /> cured; and (d)that failure to cure the default on or before the date specified in the notice may result in acceleration
<br /> of the stmas ae�tu'ed by this Securit�Instrument and sale of the Property. The notice shall further inform Borrower
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<br /> default or any other defense of orrower to acce eration an sa e. e ` x�t b`ii"'i��r`b�`th�r�te
<br /> specified in the notice, Lender at its option may require immediate payment in full of all sums secured by this
<br /> Security Instrument without further demand and may invoke the power of sale and any other remedies permitted by
<br /> applicable law. Lender shall be entitled to coUect all expenses incurred in pursuing the remedies prnvided in this
<br /> paragraph 21, including, but not limited to, reasonable attorneys' fees and costs of title evidence.
<br /> If the power of sale is invoked,Trustee shall record a notrce of default in each county ln wWch any part of the
<br /> Property is located and shall mail copies of such notice in the manner prescrlbed by applicable law to Borrower and
<br /> to the other persons prescribed by applicable law. Ai+tter the time reqwired by applicable law, Trustee shall give
<br /> public notice of sale to the persons and in the manner pre9cribed by applicable law. Trustee, without demand on
<br /> Borrower, shall sell the Property at public auction to the highest bidder at the time and place aad under the terms
<br /> designated in the notice of sale In one or more parcels and in any order Trustee determines. Trustee may postpone
<br /> sale of all or any parcel of the Property by public announcement at the tfine and place of any previously scheduled
<br /> sale. Lender or its designee may purchase the Property at any sale.
<br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br /> Property. The recitals in the Trustee's deed s6all be prima facie evidence of the truth of the statements made
<br /> therein. Trustee shall apply the prceeeds of the sale in the following order: (a)to all costs and expenses of exercising
<br /> � Form 30?,$ 9/,90 /page¢of,6)
<br /> BANKERS SYSTEMS,INC.,ST.CLOUD,MN 66302 11-800-387-2341)FORM MD-7-NE 2/6/91 Sf���� ���
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