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99104384
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Last modified
3/13/2012 5:25:55 PM
Creation date
10/20/2005 11:10:14 PM
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DEEDS
Inst Number
99104384
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ti <br /> 17. Transfer of the Property or a Beneficial 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 a Bor�tion��r qui�e i�mmediate pay ment�n�full of all sums secured by this <br /> Lender's prior written consent, Lender may, P � <br /> Security Instrument. However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the ate <br /> of this Security Instrument. <br /> If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall�pr u�eSepu ed by this � <br /> less than 30 days from the date th ls to��a these�sums prior o�t exp ration of�s per�od�Lender may invoke any remedies � <br /> Security Instrument. If Borrower fa p y �i <br /> permitted by this Security Instrument without further notice or demand on Borrower. W <br /> Borrower shall have the right to have <br /> 18. Borrower's Right to Reinstate. If Borrower meets certain conditions, � <br /> enforcement of this Security Instrument discontinued at any time prior to th ur uant to.any powers of sale cont ened in�thas � <br /> applicable law may specify for reinstatement) before sale of the Properiy p � �p y <br /> Security Instrument; or (b) e WOU�d be d u undernt s 1Se urity In tr ment rand the Noteeas n no�accelerat onghad o curred; (b) <br /> Lender all sums which then a s all ex enses incurred in enforcing this Security Instrument, <br /> cures any default of any other covenants or agreements; (c) p y P <br /> including, but not limited to, reason�n�e Lender's rights in thedP operty�and Bor�ro er�s obliga onrt paythe ums secur d by <br /> that the lien of this Security Instr , <br /> this Security Instrument shall continp��unc�hfang�d� �pf no acceler tion had oc�urred rHow�ever, this rightttorre'nstate shall <br /> obligations secured hereby shall rema py ra h 17. <br /> not apply in the case of acceleration under arag p <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 moremonthlW�ta�ments due tunde�therNote and this Secur ty Instrum nan There alsonmay(be one <br /> as the Loan Servicer )that collects y p Y <br /> Borrower will e <br /> or more changes of the Loan Servicer unrelated to a sale of�a h 14 above and�appl c bge IawthThe�otsce willrstate the name and <br /> given written notice of the change in accordance with parag P <br /> address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any ot er <br /> information required by applicable law. <br /> dis osal storage, or release o any <br /> 20. Hazardous Substances. Borrower shall not cause or permit the presence, y e, P ' hin affectin the <br /> Hazardous Substanviolationrof an eEn�ponmena 1rLawr Theipre�eding two entences hall not apply t�the presence, ue, or <br /> Property that is m Y <br /> storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to norma <br /> residential uses and to maintenance of the Property. <br /> Borrower shall promptlyegC e Te rdvat party n�tolving he Property and any Hazardous Substance or Env ronmental Law <br /> governmental or regulatory ag y p <br /> of which Borrower has actual knowledge. lf Borrower learns, or is notified by �Y g°necessar t�Borrowerashall promptly take <br /> any removal or other remediation of any Hazardous Substance affecting the Property Y� <br /> all necessary remedial actions in accordance with Environmenta] Law. <br /> As used in this paragraph 20�1ri�dt�ces:b gasol ne�kerosene u other flammlab e ort toxic petro eum products c to b c <br /> Environmental Law and the follo g <br /> pesticides and herbicides, volatile �Law,s'means�federalt 1 wsgand ]ws of the aur��isdi c�on�whe e� the�P operty�as located t at <br /> this paragraph 20, "Environmenta <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 t(bj the action requ red toacurep he defaults <br /> applicable law provides otherwise). The notice shall specify: (a) the default; <br /> (c) a date, not less than 30 days from the date the notice is given to Borrower, <br /> by which the default must be cured; and <br /> (d) that failure tocurit tInst ument andrsale of he P otperpyC�The otice hall further inform Borrlower of the righttto <br /> secured by this Se y <br /> reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or any ot er <br /> defense of Borrower to acc Tleritireonimmediate paymeent in full of all sums secured byett►is Secur ty Inst umentewithout <br /> Lender, at its option, may q <br /> further demand and may es°ncurredin e ursui g the re ed es prov d d inPhi par graph 211 inc,ludi g, bu tnotsl'►mited <br /> entitled to collect all expen P <br /> to, reasonable attorneys' fees and costs of title evidence. <br /> If the power of sale is invoked, Trustee shall record a notice of default in each c hcable law t Bor ower andtto <br /> Property is located and shall mail copies of such notice in the manner prescribcable lawp Trustee shall give public notice <br /> the other persons prescribed by applicable law. After the time required by app " <br /> of sale to the persons and in the he hi hest ti dder atythe time and pla e and under the erms des gnat d in the otice of <br /> the Property at public auction to t g <br /> sale in one or more parcels anment at the time and placeeof any previously sch duled sale,Lender or a'►ts desig ee may <br /> Property by public announce <br /> purchase the Property at any sale. <br /> Form 3028 9/90 <br /> Initials: <br /> Page 5 of 6 <br /> �-6R(NE�(s2iz�oa <br /> m <br />
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