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17. Transfer of the Property or a Beneficial Interest in Borrower. If a11 or any part of the Property or any inr�-es? in t
<br /> is sold or transfened(or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural perscn; �v;tyo�t
<br /> Lender's prior written consent, Lender may, at its option, require immediate payment in full of a11 sums securec� b� ttr s
<br /> Security Instrument. However, this option sha11 not be exercised by Lender if exercise is prohibited by federal law a�.�:s th� da�e
<br /> of this Security Instrument.
<br /> If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice sha11 provide a period of not
<br /> less than 30 days from the date the notice is delivered or mailed within which Bonower must pay all sums securec byy th s �
<br /> Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any iemedies C.@
<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 sha11 have the ri�,i-' s,� �y:� W=`
<br /> enforcement of this Security Instrument discontinued at any time prior to the eazlier of: (a) 5 days (or such other ; :� �c1 �s O
<br /> applicable law may specify for reinstatement) before sale of the Property pursuant to any power of sale conta:n:� . ; ?} ; •�
<br /> Security Instrument; or(b)entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (ai pa�s �
<br /> Lender a11 sums which then would be due under this Security Instrument and the Note as if no acceleration had occi�rre�i:, (t,) �,,.i.
<br /> cures any default of any other covenants or agreements; (c) pays a11 expenses incurred in enforcing this Security Instr��nen�, �
<br /> including, but not limited to, reasonable attorneys' fees; and (d) takes such action as Lender may reasonably requir: o ::e.��:E e
<br /> that the lien of this Security Instrument, Lender's rights in the Property and Borrower's obligation to pay the sums �_:�ared �y
<br /> this Security Instrument sha11 continue unchanged. Upon reinstatement by Borrower, this Security Instrumer�. .:-°: 1 1:-:
<br /> obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to re`-�; �.� �,�a"
<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 tt.;> S:�c�::-�t��
<br /> Instrument)may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity lk;io�����
<br /> as the"Loan Servicer")that collects monthly payments due under the Note and this Secunty Instrument. There also �r-,. ; h� o.�:e
<br /> or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Bonc-M e r � i�' }�
<br /> given written notice of the change in accordance with paragraph 14 above and applicable law. The notice will state tre r irr° �n:+.
<br /> address of the new Loan Servicer and the address to which payments should be made. The notice will also contai ! ;::,r ;;r'`r l'
<br /> information required by applicable law.
<br /> 20. Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or rel.: = �f �� ,
<br /> Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything a`f.��.: r� �t��
<br /> Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the prese���;� +� e, c r
<br /> storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate ` r��:-,�: '
<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 ac+i-r: `✓ a-,�
<br /> governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environ��� •°z` I =��%
<br /> of which Borrower has actual knowledge. If Borrower leazns, or is notified by any governmental or regulatory auth � � •�� :
<br /> any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower sha11 pr��r �� .._
<br /> all necessary remedial actions in accordance with Environmental Law.
<br /> As used in this paragraph 20, "Hazardous Substances" are those substances defined as toxic or hazardous su`�� *zr-:� '
<br /> Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum pror!i ; � t:-�� c?
<br /> pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. .^. :�� t�l �:e
<br /> this paragraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is ;c� ':� ' '?-; `
<br /> relate to health, safety or environmental protection.
<br /> NON-LJNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br /> 21. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrow � ' ;,•< �:',
<br /> of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragrapt� ; ' _�!�� ��
<br /> applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure t�� :".:�`r:a!';
<br /> (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be �-� �P�r�; �r�l
<br /> (d) that failure to cure the default on or before the date specified in the notice may result in acceleration of th,� s� n 1
<br /> secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of s"� � r'; Im^ ' �
<br /> reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or °: °,.. G:`h� �-
<br /> defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in !'� • ��tic� ,
<br /> Lender, at its option, may require immediate payment in full of all sums secured by this Security Instrum� r � ':".�� '.
<br /> further demand and may invoke the power of sale and any other remedies permitted by applicable law. Lenc!�:� ;+���! t �
<br /> entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 21, including, but �•` " r ".,�
<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 county in which any }� � ` � `` ", ,
<br /> Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borro,� � � �,' i �
<br /> the other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give p.il �'� : �-ti:��
<br /> of sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrowe�r � � ' �:'1
<br /> the Property at public auction to the highest bidder at the time and place and under the terms designated in t'�:� 'f
<br /> sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any pu �� ° f t` °�
<br /> Property by public announcement at the time and place of any previously scheduled sale. Lender or its de '�� � �
<br /> purchase the Property at any sale.
<br /> Forrr. :,, ,
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