|
RE-RECORDED 9 9 1 U 9 914 15185�12
<br /> 17. Tc�amter ut the Prupertp ur a Ber�eticial lnterest in Bc►rnower. If aA or any part�f thZ P:uperly or�ny int�rc:�t in it
<br /> is sold or trunsfiMri:cl(or if a beneflcixl inter�t in Borrower is�ld or iransf�rrad�nd Borrowzr is n�t a naturRl penson)without
<br /> L�:ndur's prior writt�► cansent, Lsnd�r rnxy, at its option, reyuire inu�diat� pay�nent in full of all sun�,e secur�! hy this
<br /> Scc:urity Instn�ment. Iiowever, this option shall not l�e exercised by Lender if exerci.ae is prohihitzd t�y facieral law ns af th�datz
<br /> of this Security Inshvment.
<br /> If LenJzr exerci�es this option, Lender shall give$orrower notice af acceleration. The notica Fhatl provide a periocl of not
<br /> less thain 34 days from the cbttz khe notice is delivered or i�ai�ed within wl�ich Borrower must pay ;►11 cun�, secureJ by this
<br /> Security Instrument. If Borrower faiLs to pxy theFe sums�?rior to the expiration of this periad� L.endar rnay invokz hny nmc�lies �
<br /> p�;rmitted by thi�;Sec;urity Instrumznt without furthzr notice ot demand on Borrower.
<br /> ]S, &xTOwcr's Refiht to Reinetatr. lf Bormwer meet� certain canditions, Barrawer �hall hava tha right ta hava �
<br /> enfoice�ne�7t of khis SecuTity Tnstrumant disc:ontinued at any time privr to the c�arlier of: (h) S days (or such c�thnr �ricxi �+�
<br /> App�ir,ah�a la�y ma,y s�rec�ty fnr minatatement) be#ore ule cff lhes Property pursu�t to any pvwe.r of ,r.x1a a�nt+in� in khi� 1"'�
<br /> Socuriky In�ltu�rnnt; �r(1�)entry nf a juclgmnnt enforcing this Security insttumenG Thoae u�n�litjdn.�are thut BoROwer; (u)Pay.a Q
<br /> Lender ull sutnF which then wpuld be due ande� this Security Tnstrument�nd the N�ta ay if na acceleration h�d �xcufrzcl; (b) pp
<br /> cures�ny rlefeuIt nf any othar covnnants nr abreemet�ts; (c) payti all expen�� incurr+ed in enfarcing thi.r• SGCUrity In�tru�r�at, �.,�
<br /> includinF, but not limited ta, rea�onat►le attorncys' f�; a�d(d) t�lce,s Each+ction ac I.andzr may r�.ronably requirC to assure �
<br /> that the lien of this Stc�irity Instru�roent, Lenckr's ri�hts in th�Property und Borrow�r's obli•ation to fxsy Ihe F�ims r,c:curexl by
<br /> this Security Iasttument shull continu� ur,chan�ecl. Upo�, �einstatement by �orrower, t�i� 5ex:u�ity InHtruinent and the �
<br /> obli�utjp�s securecl beteby Rhu1I re�auin �lly effective as if no nccelerakion had ot:curc�d. However, d�is ritht ta r�instate yh�l1
<br /> not apply in the case of acceleration uader�'a�rgrh 17.
<br /> 19. Suie of Nute; Clu►rg;e uf Iru;u� Servirxe. The ZVota or a pactial intere�c in the Nota (toLether with thin Sr�:urity
<br /> 1n�trument)may be xolcl one or n�ore times withnut prior nc�tice to$orrower. A snle n'isry re.ault in a chungc in th��lcity(knnwn
<br /> a.�the "Loan Setvicer")thu!cnllec�5 mnnthly payments ciue undar the Note and this Se�:urity ln�trument. ThCI'e alse nury be on�
<br /> or more chxn�;es nf thd La�►n 5ervicer unrelated to u sxle of thd Note. lf ther�i.�a chan�e c>f the Lo�n Servicer, Bc,rrower will 1�e
<br /> �ivzn writcen noticz uf the chan�a in acwrclanc�with psragraph la�►bovG NnJ Kpplicabl�l�w. 'rh�notice will btxtu�}w namu and
<br /> eddr�ss of tha nzw LoAn Sarvic;er and the addrass to which payments �houlcl ba mada. Th� notica will al�o contxin any vth�r
<br /> infornuition rsquirad hy applicable law.
<br /> 20. Hs�zardaus Sub.�tanc�. Borrower shall not cause or permit the pr�.s�meZ, us�, �i.sposxl, storuge, or r�l�;e.w �f.u�y
<br /> Huzardous SubstNr►c,�s an or in the Property. Borrowzr sh.all not do, nor allow anyonc else w Jo, �u►ything affectiny� the
<br /> Prop�xty that ic in violation of any IInvironm�ntal i.aw. The prcceclin�;two �entc�ccs �hnll nut apply t� the pre.�nce, u�e, ar
<br /> FtoraCe�n th�Praperry of small quantiti�s of Hazardous Substancas that arc; �;nc:rully r�x:o�,miz�l to b.s appropriut� to nnrrnal
<br /> re.sidential u.�and to rnaintenance of the Pro�rty.
<br /> Barruwer shall pmmptly give Lender written natice ef any invecti�ati�n, dajnl, �mand. law�:uit or oth�r xction by xny
<br /> guvcrnmental or rt�ulatory agency nr privatd party invalvinb the Praperty and any Ha�nrdnus Subetanc�or Environmtntal Law �
<br /> of which Bonower h�.q actual knowleci};e. If Borrower learns, or is notiti�d by any governmental or retulatory uuthorily, that
<br /> �ny rcmovxl or othv�r n:meJiatiun of any Haztirdoua Subs�txacc xtE.�cling tha Propt:rty is n�eassary, Bnrr�w�r rha}1 prom�xly Wk�
<br /> a11 nzc�:'�ury remeJiul actions in accor�lxncc with�nvirunmu}nlal Law.
<br /> As uscd in this pxr,�y;raph 20, "Ha�+rdous Substancus" Aru tho�substancc;s ck;tined � toxic �r haz;tcdous su}�.�tance� by
<br /> Envimnm�mt�l T�:►w and the fall�win� r,ubstances: Lasoline, k�roFene, oth�r fl�blZ ot toxie p�trulcum prcyclucls, tnxic
<br /> �ticide.�and herhicide�,volatik solvents, matcrials containing asbestos or formaldihyda, �J r�Jiu�c�iv�m�tenals, n� us�d in ,
<br /> thiti p:uagraph 20, "$nvimnme�ttal Uiw" tnzans fzderal l�ws and lstwa of ttw jurisdiction wher� tha Prnperty is located thnt
<br /> relate t�l�ealth, safety of environmeqtal protection.
<br /> NON•UNFFORM COVENANTS. Borrower and Leader fiMher covenant an3 ab�c4 ati fcdlnws: �
<br /> 21. Aa�leratiun; Remedi�s. Lendcr shsdl give m�tiee to Barrnwer pri�r la aeeele,�ation Fc�Einwin� &�rruwrr's br��ch
<br /> uf any ��uvrn-ant ur a�rc�ment in t6is Scxurity InctrmncK�t (but nAt prHir to accelerulinn under par;�xr�ph 17 m�lccti
<br /> applirahle law provide� otherwicr), The nutwe stratl speufy; (a) t1�e defxulh, (b) the action reyuired t��cure lhe default;
<br /> (c)a d�te, tu►t lecc tlts�t 3Q dayc Frtym the date the noNc�e i��iven to Sucrower, by which thc deiault mu.ct be cured; and
<br /> (d) that failure lo cure the default on cir hefere the d:�te wpe�ti�ied in tt� rwtice may rssult in i�erution of the sum.c
<br /> securetl by ltiis Security In�truaeat and r�le of the Property. The notice shall furtl�r inForm Borruwcr of lhe r;ght io
<br /> reinst�te after accelerat�nn and the ri�qht to hrin� a c�uurt actiu� tu :u�.rt the rwn�cistena� uf � difault or a,ry ather ,
<br /> dcf'enxe ��Borirnwer to aeeeieration and sale. Tf the default iy nnt cvred on ur befor� the dHte spec,ified in the nutiee�
<br /> Lmder, at i�c option, may require im�nediate �ym�nt in fuq uf all sums secured by this Security In.clru�nen! withi�ut
<br /> F'urther de�nand�nd ms�y invc�lce the pnwer�f cale and ar►y other rkmed�rs pe�rnifteci by nppliu�hlc law. Lender shs�ll 1�
<br /> entitled to collect ull expen.cec incurred in pur�uing i�e�medie�;p�ruvided in this�r��raph 21,irxluding, huE nok lunit�
<br /> tn,rw�ROnable�+ttorncp�'F�s and ukstc of tide er�dence.
<br /> If the puw�x uf sale Ls Invoked, Trui.stee sliall recnrd a no6ce of drfuult in e��ch county in which un� p�rrt nf the
<br /> Prppertr iy 1cx�ted ar�d shall m�il copies of such natice in the m�anner pr�cribed by applis:�ble law to Bnrrower and t�>
<br /> the uth�persuati pr�.wcrihcd by applicable law.Afler We tinne reguired hy:�pplic�,blr law,Tn�strx�hxii�;ivc puhlic rmlice
<br /> uf salr tu tbe pcx�tx�:u►d in the manncr prc.�cr;hed h�applicxl�le law, Tru,kr.r, withuut denn�n�! un &►rrower, shall�11
<br /> tha Prnperi�al puhGe,euction t�the hi�hc�t�idder ut the time�nd place and under Ehe termc de�iy�n:►krd in tf*noticx ut
<br /> sale in one or more parce]R �nd u� an� �rder Tr�ustee determinix. Tri��tee ms�y pastpone ss�le oC all t�r any p;trcel o� thc
<br /> propertp by puhlic annquncement at the time and place of any previously sclieduled sale. Le�laer t>r ik.4 d4yi�};�ei' mtlr
<br /> pw�cha.ce 1he Pwperty.rt any�le,
<br /> ///� Forrn 302� 9190
<br /> �-BRINE!la2�tf.oi Peqs 6 a�d ItYLIdL:_��•�� APS l95!
<br /> I ��
<br /> �
<br /> �
<br />
|