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<br />17. Transfer of the Property or a BeMAC l Interest in Borrower. If all 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 transferred and Borrower is not a natural person) without
<br />Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by this
<br />Security Instrument. However, this option shalt not be exercised 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 nwst 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 bw ument 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 ask contained in this
<br />Security Instrument; or (b) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays
<br />Leader all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b)
<br />cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument,
<br />including, but not limited to, reasonable attorneys' foes; and (d) takes such action as Lender may reasonably 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 />riot apply in the case of acceleration under paragraph 17.
<br />19. Sale of Note; Change of Loan Servieer. The Note or a partial interest in the Now (together with this Security
<br />bmument) may be sold one or more times witimmd prior notice to Borrower. A sale may result in a change in the entity (known
<br />as the "Loan Serviexr ") that collects monthly payments due under the Note and this Se:cuunty 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 Servkxr, Borrower will be
<br />given written notice of the change in aeoordancx with paragraph 14 above and applicable law. The notice will state the name and
<br />address of the new Loan Servicex and the address to which payments should be made. The notice will also contain any other
<br />information required by applicable law.
<br />20. Hazardous Substances. Borrower shall not cause or penult 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 the
<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, dea and, 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 Hazardous Substance affecting the Property is necessary, Borrower shall promptly take
<br />all necessary remedial anions in accordance with Environmental Law.
<br />As used in this paragraph 20, "Hazardous Substances" are those submaces defined as toxic or hazardous substances by
<br />Environmental Law and the following substances: gasoline, kerosene, other flarmnable 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 on.
<br />NON - UNIFORM COVENANTS. . �wtr and Lender further covenant and agree as follows:
<br />21. Acceleration; Remedies. Laude r sball give notice to Borrower prior to acceleration following Borrower's breach
<br />of any coveDW or agreement in this Security Instrument (but not prior to acceleration under paragraph 17 unless
<br />applicable law provides otherwise). The notice shalt 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 unties 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 neeeleratdou of the sous
<br />secured by this Security Itastct meat and sale of the Property. The notice shall Nether inform Borrower of the right to
<br />rate after acceleration and the right to bring a count action to assert the non-existence of a default or any other
<br />m the notice,
<br />defense of Borrower to acceleration and ache. If the dellardt is not cured an m' before Be date �� � without
<br />Lender, at its option, may require immediate payment In full of all suing secured by this Security Inch ument
<br />further dewed and may rove ice the wet of ask and any other remedies permitted by applicable law. Lender shall be
<br />entitled to collect all expensm incurred in pursuing � W'uvi� in this paragraph 21, including, but not limited
<br />to, reasonable attorneys' fetes and costs sit title evidence. of the
<br />It the power of sale le b3vonoxi, Trustee h m�� gibed by ap�� law to Borrower and and to
<br />property is located and shall mail copies law. After the time required by applicable law, Trustee shalt give public notice
<br />the other parsons prescribed by applicable a law. Trustee, whhou� demand on Borrower, shall sell
<br />of sale to the persons and in the manner prescribed b3' applicable in the notice of
<br />the Property at public swoon to the highest biter at the time and puce sad tender the terms y of the
<br />sale in one or more parcels and in any order Trudee �• Trrateeam sale. ceder or its may
<br />Property by public annotnic� at the time and place of any previously
<br />purchase the Property at any sale.
<br />ft -NJNEI 1921Z.04
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<br />Pups 5 of 6
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