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. - � 99 110006
<br /> 17. Transter ot the Property or a Beneficlal Interest in I3orrower. If all or any part of the Properly or any interesl in it
<br /> is solJ or Iransferred (or if a beneficial interest in Borrower is sold or trxnsferred and Dorrower is not a natural person) withou�
<br /> Lender's prior written consenl, Lender may, at ils option, reyuire immediate payment in full of all sums secureJ by this
<br /> Security Instrument. However, this op�ion shall not be exercised by Lender if exercise is prohibiteJ by federal lew as of Ihe Jate
<br /> of this Security Instruqient.
<br /> If Lender exercises this option, Lender shall give Borrower notice of acceleration. 7'he notice shall provide a period o( nut
<br /> less Ihan 30 days from the date lhe notice is delivered or mailed within which Borrower must pay all sums secured by this
<br /> Security Inslrument. If Burrower fails to pay Uiese sums prior to the expiration of this period, LenJcr muy invoke any remedics
<br /> permitteJ by this Security Insirument without further notice or demand on Dorrower.
<br /> 18. Burrower's Rlght tu Reinslate. If Borrower meets cer�ain conJitions, Borrower shall have the right to have
<br /> en(orcement uf this Securily Inslrumcnl disconlinued at any lime prior Io lhe earlier of: (r) 5 dxys (or such other perioJ as
<br /> applicable law may specify for reinstatement) before sale of Ihe Property pursuanl to any power of sale conlained in Ihis
<br /> Securily Instrument; or (b) entry of a judgment enforcing this Securi�y Instrument. Those conditions are thal Borrower. (a) pays
<br /> LenJer all sums which then would be due under this Security Instrument and the Nole as if no acceleration haJ occurred; (b)
<br /> cures any def•rult of any olher covenan�s or agreements; (c) pays all expenses incurred in enforcing this Securi�y Inslrumeni,
<br /> including, but not limited to, reasonnble altorneys' fces; and (d) lakes such action as Lender may reasonably reyuire lo assure
<br /> thal Ihe lien of this Security Ins�rumenl, LenJer's righls in the Property and Borrower's obligation to pay Ihe sums secured by
<br /> this Security Inslrumenl shall continue unchanged. Upon reinstatement by Rorrower, lhis Security Inslrumenl and Ihe
<br /> obligutions secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinslate shall
<br /> not apply in Ihe case of acceleration under paragraph 17.
<br /> l9. Sale of Note; Change of Loan Servicer. The Note or a parlial interest in Ihe No�e (together with �his Securiiy
<br /> Instrument) may be sold one or more times withoui prior notice lo Borrower. A sale may result in a change in �he entity (knuwn
<br /> as Ihe "Loan Servicer") thut coltects monlhly payments due under the Note and this Security Instrumenl. There also may be one
<br /> or more changes of the Loan Servicer unrelaled to n sale of the Note. If there is a change of the Loan Scrvicer, Borrower will be
<br /> given written nolice of the change in accordunce with paragruph 14 above and applicable I�w. The notice will state Ihe name anJ
<br /> aJdress of the new Loan Servicer •rnd Ihe address lo which payments should be made. The nolice will also conlain eny other
<br /> inform•rlion reyuireJ by applicablc law.
<br /> 20. Ilazardous Substances. Borrower shall not cause or permil the presence, use, disposal, storage, or release ot eny
<br /> HezarJous Subslances on or in the Property. I3orrower shall not do, nor allow anyone else to do, anything affeciing Ihe
<br /> PropeNy that is in violation of any Environmental Law. The preceding two sentences shall nol apply lo the presence, use, or
<br /> storuge on the Property of small yuantities of HazarJous Substances thal are generally recognized lo be appropriute lo normal
<br /> residential uses and to maintenance of the Property.
<br /> Borrower shall prompUy give Lender written notice of any investigation, claim, demand, lawsuit or other aclion by any
<br /> governmental or regulatory agency or private parly involving �he Property and any Hazardous Substance or Environmen�at Law
<br /> of which Borrower has actual knowledge. If Borrower learns, or is notified by any governmental or regulatory authorily, �hal
<br /> any removal or other remediation of any Ilazardous Subslance affecting the Properly is necessary, I3orrower shall prompUy take
<br /> all necessary remeJial actions in accordance wilh Environmental Law.
<br /> As used in this F18f8bfil�I1 20, "H8Z8flIUUS Subs�ances" are those subslances defined as loxic or IIUYJIlI0U5 subslances by
<br /> Gnvironmenlal Luw anJ Ihe foUowing substauces: gasoline, kcroscne, olher flammaUle or loxic pelrulcum proJucls, �uxic
<br /> pesticidcs and herhicides, volalile solvenls, materials conlaining asbeslos or formaldchyJe, und raJiouctive malerials. As useJ in
<br /> Ihis paragraph 20, "Environmenlal Law" means federal laws and laws of lhe jurisdiction where the Property is localed thal
<br /> relate �o health, safety or environmental protection.
<br /> NON-UNIFORM COVENANTS. Qorrower anJ Lender furlher covenant'and agree as follows:
<br /> 2l. Acceleration; Remedies. Lender shall give notice l0 13orrower prior to acceleration following 13orrower's breach
<br /> of nny covenant or agreement in lhis Securily Instrument (but nul prior tu acceleratiun under paragraph 17 unless
<br /> applicable law provides otherwise). The nolice shull specify: (u) lhe default; (b) lhe aclion reyuiecJ !u cure the defuull;
<br /> (c) a date, not less than 30 days from lhe date the notice is given to 13orrower, by whic6 the detault musl be cured; and
<br /> (d) thal failure tu cure !he defaull an or befure the dute specified in Ihe notice may resull in acceleraliun of lhr sums
<br /> secured by lhis Security Instrument and srle of the Yroperty. The notice shall further inform I3orruwer of lhe righl tu
<br /> reinstule afler ncceleration and We right lo bring u cour! action lo ossert the non-exislence uf a default or uny olher
<br /> defense uf l3urruwer to uccelerulion und sale. If the defaull is nul cured on or before lhe dalc specified in ll�e noUce,
<br /> LenJer, al Ils uptiun, may require immediate payment in full oP all sums secured by Ihis Securily lnslrumenl withuut
<br /> furlher demand and may invoke lhe power of sule and uny other remedies permitted by applicable law. l.ender shall be
<br /> entilled to collect all expenses incurred in pursufng the remedies provided in this paragraph 21, including, bul nol Ifmfled
<br /> lo, reasonable allorneys' tees and costs of tille evidence.
<br /> If the power of sule (s invukeJ, Trustee shall record a notice of default in each county in whfch any parl uf lhe
<br /> Properly is localed and shall mnil copies oi such notice in the manner prescribed by applicable law lo Borruwer and lo
<br /> Ihe othcr persons prescribed by applicable law. Afler the time reyuireJ by applicable law, 1'ruslee shall give public nulicc
<br /> of sale lo lhe persons and iu Ihe manner prescribeJ by applicablc law. 'Crostee, wilhuul demand on 13urruwer, shall sell
<br /> the Properly et public auclion tu the highest bidder at the lime and place and under lhe lerms designated in lhe nulice uf
<br /> sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale o[ all or any parcel uf lhe
<br /> Properly by public announcemenl at lhe time and place of any previously scheduled sale. Lender or its designee may
<br /> purchase lhe Properly at any sele.
<br /> � Porm 302�, p7/(80�
<br /> ��BRINE) �Pt�z�.oi P�p�6 0l 0 In11bIC�V1/
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