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<br /> ,� ' 17.ZSra�a.Rfer oF the Propexty or a BenePicial �terest in Borrnwer. If a]1 or eny�rt•of the Pr,opcaty or eny interest in u �
<br /> � is sold or ora�tsferred (ar if a beneficial intcrest in Boaower is so�d or u�ansfer�+ed and Borrower is no�a nawral perso�t) without
<br /> � Lander's priar written c�nsent, Trender may, at its a�rion, require icnmediate �yment u�ti full of all suu�s secured by this
<br /> , S�c�u�ity Ir,strumen� FIowever, this option shall not be extrcised by Lendez if exerc�se�saprohibiCed by fede�ral�law u of the dau
<br /> of tt�is 5ecurlty Yasqyment .
<br /> If Lendes ekez�ciscs this option, Lendex shall give Bonower notiee of accele.�ation. The'notiee shall�� provid�a perlod of not
<br /> lcss than 30 days from the dar,e the noticc is deuvesed or maileci within w}dch Borrow�r must pay a11 sums sectiued by this
<br /> S�curity Z�,strumenL IF Boz�ower fails oo pa�rhese sums prior to the cxpiration of rhis pt��od, Lendec may in�►oke�any remedies ,
<br /> pennitt�d by this Se�urity Iris't�uznent without furthcr notice or dcmand on Borrower. • , � ,
<br /> 18. Borrower's R�$ht to Reinetate. If Borrower meets ceatain condirio�as, Borrowa shall havE tt�e �ight� to have
<br /> enforcement of this Scc�mty Insrrumcnt disconpinued a[ any ame prior to the earlier of: (a) 5 days (oz such orhe�r per}od a9
<br /> applicable !aw may speci�fy for re�nststexrtent) be,fore sale of the pro� pursuan[ to ,an,y power of saae co�tained u, this
<br /> , Sacurity Insuument; or(b)epbry of a judgment enforeing chis Securiry nstumcnt, Those conditions ara that Bomawer: (a)pays
<br /> Lender a11 sums which then would be due undcr this Securiry Insurtu�ent and the Nofa es if no accxleration had occuncd; (b)
<br /> cw�es eny defauh of any or�cx covenants �r agreements; (c) paYs a11 Cxpenses incurred in cn�oxcing this'SCCUZi�tj� Instrument, ,
<br /> including, but nQt limited oo, ceasonable attomeys' foes; and (d) taltrs such acuon as I,endet may reasonably rcqu�e to aasuro
<br /> that the�ien of thls Socu�rityr �s�umwt,�Lender''s.righFs in tho Property and BOZrOwer's obli�i on to'pay the sums secured by �
<br /> � this Sxurlty Insuamonc shall continue unchanged, Upon reinstatement by Boxrower, this Sec�aity.. prumen�, �r►d t1�e .
<br /> � oblxgations socuted haeby�shall temaiut fully effecdve as i�f no accolesation had occurred, Hpw�vEx,•this i�(�to,��ic'6h�''� .,
<br /> not apply in tb�e e�hs�of accelex�tdon under.pata�rra�h 17, � , , . . ., •
<br /> 19. Sale�o�Note; C�ange of Loan Servicer. The Nate o: a parcaal interast in ti�e Note (�ogethor wirh t,his Sec�riry
<br /> Insorumont) may,bc sold one or more rimes witt�out prfor notice to Borrocver. A sale'ma.y ztisult an a change in �he•andry (known �
<br /> as the"T.oan Servie�r'� t�at collects mox�rtily payments due undex the Note and this Sxw�ity Ins�um�� z'laere aLso may be on�
<br /> or more ct►an�es of the Loan Set�iar unrelat�d W a salc of thE Note. If there is a change of tlte I.flan�5ervice,r, Borrowcr will b�
<br /> �Iven writtcn noGce of tho change un accordance with parngraph 14 above and�pplieable;law. The nodGc w�ill srate the aamc 9nd
<br /> address of the new Loan S�rvicer and tt�e address to whie�payments should be medG The nodce wiu also contai,n any other
<br /> inforniatioa requiared bY aPP3icable law. ; . ,
<br /> ' 20. Hazardovis Substances. Borrowdr Shall not cause or permit �he presence, use, dispp;�sl,;;storage, or �el�ass� of any
<br /> H2zardous SubsffutceS on or in th� Aropexty. Bornowar sha�.t not do� r�or allow snyone else to do, anything aff�xtir►� the �
<br /> Proprsty rhet is i�ni violaaon'of any�nviroxunental Law. The prxeding two scnccnccs shall noc appl�C, to the presenco, use, or
<br /> storage on the•Prp�rty oF small quantiaes o;F Hazardous Subsfances tha� are gena�ally rebco.�nnized Lo�e appropriate W normal
<br /> residential ases and ro mai�ntcnance of the Properry. . ,
<br /> � �Borrower shall prompl�y give Lender wriuen notice of eny investigation, claim, dennand, ]awsuit or othcs acGon by any
<br /> gqvcnnmental or regulatdxy a�e,ncy or private parry involving the�Propezry and sny Hazardous Substa�ce or Environmenral Law
<br /> of.which �oirower has sctval.laa�wled�e. If Borrowcr leazns, or is nodfie3 by any governmerltsi ps rg�vlatory authp�ty� thaL
<br /> any ramoval or oth�romediation of any Hazardous Substance affecting rhe Property is�cessary, Bortower shall promptly take ,
<br /> �11 necessery rcul1tdiA1 acdons in accordance w�th Environmental I.aw. , , �
<br /> As used in �thi5 p h 20, "�ardous Substances" are those subsrsnees defined as tox5c or hezardous substec�eess by
<br /> Environment�l �Law an�foll�owin� substances: gASOline, karosenc, other flam�ble or toxic pe�oleum �roQucu, mxic
<br /> pesdcides and t�e,rtibicides. volatile solvenrs, materials containing asbeseos ox farmeldehyde, and xadioaeave matenals. �1s used in
<br /> this �►aragraph 2d, "Environmcntat Law" means fedcral laws and laws o�E the jurisdiction whcrc thc Pxo�aty.is loeated that
<br /> relare to hcalth,safery or env�ionmenta�Qrotecaon. ' � . ,
<br /> NON-U1v�ORM COV�NANT5. Bo�ower and Lcnder funher covc;nac�t and a�ee as follows:
<br /> 21. Acceddration;Remedies. L�nder shall give not�ce to Borrower prtor to acCeleration followin�g Borrower's breach
<br /> of aay covenaat oi agreement in tb�is Sec�ity Inste�tua�ent (but npt p�ior to acc�leration uader paraPraph 17 unless
<br /> a plicable law pro�ides otherwLse). The�ce shall speci�: (a)the default; (b) the$ct�on requ[red to ture the deFau�t;
<br /> (c� a date,not less t�an 34 d s flrom the dtlte the notice is d
<br /> �y given to BOr�Or•er, by vi�hiCh tho default.mu�t be cured; and
<br /> (d) that failure to cur� the default on or b�fo� the dete spectt3ed 9n the �otice ma� res�lt in�acceleratioa of the sutx�s
<br /> sec�red b' this SecuirTity �Strument and s$le of the Yroperty, �'he notice slaall Furtb�er iniFo�m Borrow�er d�P,the right to
<br /> reiq$tate atter acceleratiomi and the rig}►t to bring a court action to assert t�e non-�atistence of a deFault or any other
<br /> de�ense o�$orrower to arcelecation and sale. If the default is �ot cured on or beFore the d�specifled in th�nnt5ce,
<br /> LLe•Mader, at its option, mxy�reqv�e tmmedtate paynnent in t�ill of all sums secwred,by this Secwity Instruque�ut,wlthout
<br /> further demar�d a�nd may invofce the po..e�of sale and aay other r�eimedies permitted�b� epplicable 1aw. I.ender sb�all be
<br /> entitled to collect a11 expen.ges incurred iw�u�suing the re�nncdies provided an this para�aph 21►Sncluding,but not limit�d
<br /> to,reasonable atturneys'fees and costs of title evidence. � � , -
<br /> If the pow�r of sale is Invoked, �'�ustee shall r¢cord n notice Of default in each county in w�ich a�y:pant of Che
<br /> �ropertq Is located and shall meil cop�ee of suc6 notice in the manner crlbed by.applicelble•�aw to Borrpwer end to
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<br /> the ot6er pecsoius�presccibed by app�icabl�law.After the time requ�ured y appliqible lew, Trusta ehall give publlc notice
<br /> of sale to the�soas and in the mumer prescribetl by appl�cable law. TYusta,without daonand on Borxower, shall sdl
<br /> 'tb�o Property g�k public auctlon to the ltifig�est bidder at the time and place and uoqckr tDe terms designated i�the notic�of
<br /> sale ix► one or baore parcels end i►a �lT order TruStee determines. Trust¢e nwy postpone y�ale o�all or aqT parcel o�tbe
<br /> Proptrty by pubuc announcea�enk at the time and p�ace of any �reotously scheduLed sale. Y.ender oc#S dtalgnee ma�
<br /> purchsse the Property at at�y sale. , , ,
<br /> �orm 3026 9/90
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