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<br /> �� ; . . 91-- 10631 Q - - _ -
<br /> � � � 18. Bonaw�►'� Rlpht to Rdn�tst�. n Bartoww mMb artdn oondwom�BoROwM sh�N tww th�dpM to hsv��ntawnMnt _ --- - -
<br /> _ _._ .._��.. ..r. r.� R.�.vw �or suoh othr orlod u woYo�bl�law may�p�ciN la ninst�t�n�ny t�fa�
<br />—,° � .� � � i OI�OIIQN�A Al MIy YIIN r1M w ��w w.�ww �.. �-• . __ _ . . -. _.
<br /> ..�e a th.Prop.hr v���co.ny powr ot.w oonWn«i h w.8�axitr M.trurt�t� a' (b) �ay or.Juapm.�n.�oroho u�t.9.oudr� --
<br /> '�1( �,,y IntWnNnt.1'haw aondiUon�an Ihat Bortowr. (�) Wri l�ndK dl wm�whioh Ih�n woutd b�dw undw thN B�oiuMY IntGUnw�t �nd
<br /> . � �n d�fwK ol�ny oth�r oov�nt a �pnwnwiU; (a)P�Y�� ��� �� �
<br /> Ih� Not� u q no��11on ooaurt+d� lbI Y
<br /> , � cntordnp thh eeaMlY MeMinwnt� M�dudinp, but nol Mmlt�d to, rw�on+�W� dtom�' N�sc �nd (d) !� woh �ollon n LwidK mry
<br /> ' �'�'"" �' ^ rMSpNWy nqutn to s�wn thtl th�Ywi ol tht�8�auily MeWmm6 I.�n�Mr'�rfphis In th� Prop�'�y�nd BoROw«''s a�wp�qon w pqr th. -
<br /> .�~,^"" wm� wound bY' tM� B�ouiMY In�trum�nt �h�M aonlY�w unch�np�d. Upon rNn�t�t�rMnt by Bonow�r� thl� S�aulty In�trum�M�nd Ih�
<br /> ^ . 6 obYptlbnr wow�d h�nbY �hN r�rtNin tulY Ml�olh►�u N no eaaM�nUon had ooaWnd. How�v�►.Ihl��IYht W rNndat��h�M not�pply M
<br /> . . . o th�aw ol�oal�Uon w�d�r PwOnPh 17.
<br /> ,� � ; " 1�. 8do Of 1$4tYi Chtnp�af Lo�n Ssnrlo�l. Th� Nnt� a � p�Al�l Inl�rul In th� NoU (topMh�r wllh thl� B�aWlty � ---_ -,, . ._
<br />_� •� � ' In�trwMnt)maY b�sold on�a mon tYnK wNhout prlor notlo�lo Bonow�►. A�rtMy nwM In� ahanp�In th��ntily(known a Ih� -�----.
<br /> � �� 'Lo�rl SMVIou') th�l ooA�t� monlhlY W1mNnts dw und�r Ih� Not� md thl� S�cu�tY Intpummt. Thrn Nw m�y b� on� a' mor�
<br /> ' ' ^ � ch�np�s d ih� Lan Srrvlor unrN�hd to■ �aN ol Ih� Nou. U thr�Is �oh�nO�ol Ih�Lo�n Swvicu,Borrow�r wIN b�piwn wrltt�n
<br /> notia of th� oh�np�In�coord�no�wilh P�Y�Pn 14 ebov��nd�pplla�bN I�w. Th�nolia wIM stat�th�n��nd�ddra�ol lh�n�w _
<br /> ; �° � Loan Swvla► �nd ih� �ddnss to whloh WY�ts �hould b� m�d�. Th� noUo� wIN �o oonWn �ny othK Intann�tlon nquind �Y -
<br /> �ppYo�bl�I�w• -
<br /> � 0 20. Haz�rdous Substwncas. Bonower ehdl not cws� or p�nnM tho Pra�nu� us�, dl�poul, �Ux�p�, or rN�aw of any _ _
<br /> • {� . . .• FI�z�Mous Sub�tanc�s on or In th�PropKty. Barow�r�h�N not do.nor allow�nyon�Mw lo do� �nY�hinp�Haodnp ih�Prop�rly tl�t b fn
<br /> � „ vlotdlon of�ny EnvkonmrnW law. Ths pnaedinp two�entences sfwN not�pply to th�pre�ena, u�e,or tlorapa on th�Rop�rly oi amal
<br /> quantiGu of H�a�rdnus Sub�t�nc�s th�t�n yeneraly roo�n�e d to w aPPr o p�We t o n o rt n� �tW w�s�nd to mvnt�nane� d ih� --_
<br /> � ��• ov6ff1111efUa) 0� ,�;`.;�iv-.._... ,
<br /> ' .. BoROwK�hap promPiN yiw Lmder writta�noUce of any InveaUptlion� cl�im, demand,lawsuR or othar�ction by�ny y -
<br /> � � . � rapu4tory syenay a M�r�te party Invotvinp ihe Property�nd my Hezardous Subslance or Environmantal Law ol whbh BoROwer has�oWd �
<br /> ., knowNd�a. 11 Borrower leams, or I� notffled by arry yovemmental o�reyulatory outhority, thot eny ramovN or otha remadiatlon ol any ���y. =i---
<br /> �- � � Huardous 8ubsW�oe �N�Ihp tha Property la n�cws�ry� Bor►ower shall promptiy taka NI nacassry remodW Rction�In accord�nc�wfth °-- °4` '�
<br /> • EnvMonm�nW Law. '�-..F
<br /> �...�-.-"_-.- -__—_.
<br /> ps u��d h this panyraph 2p, 'H�zardous Subatonces' an thoae wbstances deflned as toxia a huudous wbstu�cos by -
<br /> n Envkonmental I.�w a�d ihe folbwlnp subetancea: g�aoline, keroaene, other Aammeble or toxlc pelroteum p�oducts, toxlc peaqcidea �nd `��t,,::--, _.
<br /> herbkid�s, vol�tile soN�nU� rmtari�b contakdny �abeatos or fomyldehyd�� and Adtoactiv� m�lwiab. As usod b this P�raCnPh 20, � :��
<br /> � •EnvYanmrntv L�w' mMn� t�v I�vw �nd �w� a1 th� Judadlction whan tha Property M IoaUd 1h�t rabte to hMllh. �afoty a
<br /> • �nvkonmentoi protectlon. ;�•.;ri;i,��-��
<br /> u�'����
<br /> NON•UNIFORM COVENANTS. BorrowK�nd Lendx tuAher covenant and aprea n lolbws: _-�.y�„�,„
<br /> 21. Acaaloratlon; Ramodlea. Landar chall giva notica to Borrowor p►lor to accaloration followiny ,,��.�,`...:
<br /> _—_-_ --. Borro�+rer'e breaeh of any eovonant or agreemant in this Sqcurity In4trumont (but not prior to u:��. - •.,<�,;�
<br /> accaloratfon undor paraarpph 17 unle�s appltcabto law provido� othorwlao). Tho notico ahaii spocify: (a) . ���-�--
<br /> tho def�ult; (b) tha action roquirod to cure tha dofault; (c) a date, not loas than 30 daya from tha dato � . .� a�`=��
<br /> , � '�. ;
<br /> � tha notico is pivan to Bor�owar� by which tho dofault must be cured; and (d) that fs�tluro to curo tfw • ___
<br /> , + dofault on or boforo tha dato apociflad in tha notice may roault in accoloratlon of tha �ums aocurod by =_m`�
<br /> this Socurlty Inst►umont and �alo of tha Proparty. Tho notica ohall fu�thor intorm Borrowa� of tho ri�ht .,-"��r�-
<br /> ° to roinstab aitor acaoloratton and tho ri�ht to brinq a aou�t actlon to wsort th� non-oxistanoa of � � •:;r;.-..r�
<br /> , dotault or any otho� dafonao of Borrowar to acco!oration and salo. If th� dotault is not curod vn or r • ,
<br /> bofao th� dat� spoalfiad In tho notico,Landor at its optlon may roqulro immodiato paymont In iull of all � b`
<br /> � oums wcurod by thi� 8ocu►ity Instrumont without furthor dam�nd and may Involc� tha powor of alo and , , _
<br /> •ny otho� r4modioc parmUtod by applicable law. Lendo� ahall ba ontitlad to aollact all qxponsos •�
<br /> � incurrod in purauinq tho romodtos providod in this parayraph 21� includinp. but not Iimitod to� , .,�_.,,�
<br /> � r�uonabl� attornoys' faaa �nd costa of titla evldonco. " �����= u
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<br /> If tho powar of salo Is Invoked, Trustao �hall racord a notico of defauit in each county In which any � ;.: :
<br /> pa�t of th� Proporty is loai+tad and sholl ma�il copios of such notico in tho mannor proacribocl by , ,,,.,�,,,,.
<br /> ' applicabl� law to Borrowar and to tho othor porsons preacribad by appllcablo law. AKor tho timo
<br /> n roquirad by app��cabio law, Trustoo shall give public notice of oalo to tho porsons and in tho mannor
<br /> ' praacribod by applicablo law. Tru�teo, without damand on Borrowar. shall �oll tha Proporty at publia
<br /> , auctlon to tho hlqho4t ioidda� at tho tima and plar.� and undor tho terms da�ignated in tho notico of sala
<br /> in ono or mora parcols and in any ordor Tru4toa dotorminoa. Tru�too may poatpono sAla of all or any
<br /> parcol of th� Proporty by public annauncomont at tho timo and place of any pravioualy achadulod sal�.
<br /> . 7 , Londor or ito dosipnao may purchaso tha Property at any sala.
<br /> Upon racaipt of paymant of the prico bid. Trusteo shall deltvor to the purchaser Tru�tao'� deod
<br /> � conveyin� tho Property. Tho recitals in the Trustee's deod shall bo prima facie evidenco of tho truth of
<br /> tha stataments rnade therein. Trustee shall apply the prxeeds of the sale In the foltowing order. (a) to
<br /> � all costa and expenses of exercistng the powor of sale, and the sale. including tho payment of tha
<br /> T�usteo'a faoa actually Incurred, not to exceed 1� � 96 of the principal amount of tha noto at th0
<br /> ttmo of tho daclaration of default, and reasonable attorney's fees as permitted by law; (b) to all eurns
<br /> �ocurod by thia Security Instrumant; and (c) any excoss to tha porson or porsons lagally ontitled to tt. •
<br /> 22. Raconvoyanca. Upan payment of aG auma aecured by thia Securily Instrume�t, Lendar ahaN request Trualee to reconvay
<br /> Ihe Propaty �nd ahaY nurtender this Secu�ity InsUument end ell notes evldenGng debt aecured by ihla Security Inatrument to Trustee.
<br /> Truatee thall reconvey ihe Raperty without wartanry end wMhout cherpe to the peraon a persons legelly entlqed to It, Such pereon or
<br /> : , penons shaY pay eny recordatbn coate.
<br /> '. 23.Substitut�T�ustoo. Lender, at Ns opllon, mey from time to tlme remove Trustee end appoint a auceassor wstee lo eny
<br /> Trw(ev pppointad harwnder by an Inatrument recorded M ihe county In wl�ich this SecurNy Instrument Is recorded, wthout conveyance
<br /> , . . _ . ...._...-- -�_.�_..----�._�u.��.m� ..............� a�ate......./.....���nnn Tn�elon hwrdn anrl hv onnYt��hb(aw.
<br /> • or me rroperry. iY{:CS�OVI UYO�ea o���w ouwaw.v.w.�.o .��w. M....... ...... ........�..�..._..__'�_.. ..__"' '"' ' _ _• ...
<br /> 24. Raquoat tor Noticoa. Bonower requests Ihot coples ot the nollces of detault and sele be sent to Bortower's addresa
<br /> whkh la ihe Property Addreas.
<br /> 25. Ridors to thia Socu�Ity Instrument. II one or more ridera are executed by Borrower e�d recorded togelher wilh thla
<br /> � Soourity InsWment, ths covenante and eyreomenle ol each such rider shall be Incorporoted into and ahell emend and supplemenl Ihe
<br /> cov�naM��nd �praement�ot Ihis Sacudty Inatrument as H the hder(s)were e pert ol this 3ecu�ity Insl�ument.
<br /> PnQc�uf� Form 3018 9/90
<br /> Ft019.LM0(51N1)
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