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�s._Borrower's Right to Retnstate. ir eonoW� �$ ��� oo9nYo�s, �012 0 3��8� tne ��nc co na� �,ro��,c or
<br /> this Security instrument discontinued at any time prior to the earlier of: (a) 5 days (or such other period as applicable law may speciy for
<br /> reinstatement) before sale of the Property pursuant to any power of sale contained in this Security Instrument; or (b) entry of a judgment
<br /> enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security
<br /> Instrument and the Note had no acceleration occurred; (b) cures any defauft of any other covenant or agreements; (c) pays all �enses
<br /> incurred in enforcing this Security Instrument, including, but not limked to, reasonable attomeys' fees; and (d) takes such action as Lender
<br /> may reasonably require to assure that the lien of th� Security I�strument, Lenders rights in the Property and BoROwer's obligation to pay
<br /> the sums secured by this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument and the
<br /> obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not appy in
<br /> the case of acceleration under paragraph 17.
<br /> 19. Sale of Note; Change of Loan Servicer. Tne rvoce or a par��ai inte�est �n tne Note �cogecner w�tn tnis securtcy
<br /> Instrument) may be sold one or more times wRhout prar notice to Borrower. A sale may resuR h a change h the entity (known as the
<br /> "Loan Servicer") that collects monthiy payments due under the Note end this Security Instrument. There also may be one or more changes
<br /> of the Loan Servicer unrelated to a sale of the Note. If there is a chanye of the Loan Servicer, Borrower will be given written notice of the
<br /> change in accordance wkh paragraph 14 above and eppiicable law. The notice wili state the name and address of the new Loan Servicer
<br /> and the address to which payments should be made. The notice wiil also contain any other information required by appiicable law.
<br /> 20. Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any
<br /> Hazardous Substances on or in the Property. Borrower shall not do, nor albw anyone else to do, anything affecting the Property that is in
<br /> violation of any Environmental Law. The preceding two sentences shall not appy to the presence, use, or storage on the Property of small
<br /> quantkies of Hezardous Substances that are generaly recognized to be appropriate to normal residential uses and to maintenance of the
<br /> Property.
<br /> Borrower shall prompty give Lender written notice of any investigation, claim, demand,lawsuit or other action by any govemmental or
<br /> regulatory agency or private party invoNing the Property and any Hazardous Substance or Environmentel Law of which Borrower has actual
<br /> knowledge. If BoROwer leams, or is notified by any govemmental or regulatory suthority, that any removal or other remediatbn of any
<br /> Hazardous Substence affecting the Property is necessary, BoROwer shall prompty take all necessary remedial actions in accordance wRh
<br /> Environmental Law.
<br /> As used in this paragreph 20, "He�rdous Substances" are those substances defined as toxic or hazardous substances by
<br /> Environme�tal Law and the folbwing substsnces: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and
<br /> herbicides, volatile solvents, materiels containing asbestos or formaldehyde, and redioactive materials. As used � this paragraph 20,
<br /> "Environmental Law" means federal laws and laws of the jurisdiction where the Property is bcated that relate to heakh, safety or
<br /> environmental protection.
<br /> NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br /> 21. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following
<br /> Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to
<br /> acceleration under paragraph 17 unless applicable law provides otherwise). The notice shall specify: (a)
<br /> the default; (b) the action required to cure the default; (c) a date, not less than 30 days firom the date the
<br /> notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the default on
<br /> or before the date specified in the notice may result in acceleration of the sums secured by this Security
<br /> Instrument and sale of the Property. The notice ahall further inform Borrower of the right to reinstate after
<br /> acceleration and the right to bring a court action to assert the non-existence of a default or any other
<br /> defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in
<br /> the notice, Lender at its option may require immediate payment in full of all sums secured by this Security
<br /> InsVument without further demand and may invoke the power of sale and any other remedies permitted
<br /> by applicable law. Lender shall be entitled to collect all expenses incurred ln pursuing the remedies
<br /> provided in this paragraph 21, including, but not limited to, reasonable attorneys' fees and costs of title
<br /> evidence.
<br /> If the power of sale is invoked, Trustee shall record a notice of default in each county in which any
<br /> part of the Properiy is located and shall maii copies of such notice in the manner prescribed by applicable
<br /> law to Borrower and to the other persons prescribed by applicable law. After the time �equired by
<br /> applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by
<br /> applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the
<br /> highest bidder at the time and place and under the terms designated in the notice of sale in one or more
<br /> parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcei of the
<br /> Property by public announcement at the time and place of any previously scheduled sale. Lender or its
<br /> designee may purchase the Property at any sale.
<br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed
<br /> conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of
<br /> the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all
<br /> costs and expenses of exercising the power of sale, and the sale, including the payment of the Trustee's
<br /> fees actually incurred, not to exceed 3 % of the principal amount of the note at the time of
<br /> the declaration of default, and reasonable attorney's fees as permitted by law; (b) to ali sums secured by
<br /> this Security Instrument; and (c) any excess to the person or persons legally entiUed to it.
<br /> 22. Reconveyance. Upon payment of ail sums secured by this Security Instrument, Lender shall request Trustee to reconvey the
<br /> Property and shell suRender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee
<br /> shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shali
<br /> pay any recordation costs.
<br /> 23. Substitute Trustee. Lender, et its option, may irom time to time remove Trustee and appoint a successor trustee to any
<br /> Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of
<br /> the Property, successor hustee shall succeed to all the title, power and duties conferred upon Tn�stee herein and by applicabie law.
<br /> 24. Request for Notices. Borrower requests that copies of the notices of defauk and sale be sent to BoROwers address which
<br /> is the Property Address.
<br /> 25. Riders to this Security Instrumen� If one or more riders are executed by Borrower and recorded topether with this
<br /> Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the
<br /> covenants and agreements of this Security Instrument as if the rid�(s) were a part of this Security Instrurr�ent.
<br /> Form 3028 B/90
<br /> Faoo9.LMO (11/99) Pag�4 of 5
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