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<br />16. Borrower'lI Copy. Borrower shall be given one conformed eopy ~f the Note and of this Security Instrument.
<br />. 17.. T~a~lIfer of the Property o~.. Benef.it;ial.lnt~ in Borrow~r, If ail or any part of the Propert~ or any
<br />Interest In It IS st)ld or transferr-ed (or II a benefIcIal mterest In Borrower 18 sold or transfe:nd and Bcirrower 18 not a
<br />naturat person) without Lender's prior. wn. 'tten consent, Lend~ ma>:,. at its ardon, require !mmediat.e pay~ent in f~1I ?f
<br />all sums secured by this Security Instrument. However, this optton ahal not be eIef'Clsed by Lerider If exerctse IS
<br />prohibited by federal law t.s or the date of this Securit)" Instrument.
<br />Ir Lender exercises this option, Lender shall give Borrower notice of acceletation. The notice s"all provide a period
<br />of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured
<br />by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke
<br />any remedies permitted by this Security Instrument without further notice or demand on Borrower. .
<br />18. Borrower'l'l Right to Reinstate. I' Borrower meets certain conditions, Borrower shall have the right to have
<br />enforcement of this Securit1. Instrument di~.lllt;jnued at any time prior to the earlict, of: (a) 5 days (or such other period
<br />as applicable law may specIfy for reinstatement) before sale of the Property pursuant to any power of sale cont.l!lined in
<br />this Security Instrument: or (b) entry of a judgment enforcing this SecU'1ty Instrument. Those conditions are that
<br />Borrower: (8) pays Lender all sums which then would be due under this Security Instrument and the Note as if no
<br />accelerHion had occurred; (b) cures any default of any other covanants or agreements; (c) pays all expenses incurred in
<br />enforcing this Security Instrument, including, but not limited to, reL"lOnIble Ilttomeys' fees: and (d) takes such action as
<br />Lender may reaoonllbly require to assure thllt the lien of this Security Instrument, Lender's rights in the Property and
<br />Borrower's obli,ation to pay the sums oecured by this Security Instrument shall continue unchanged. Upon reinstatement
<br />by Borrower, thIS Security Irurtrumentand the obligations secured hereby shall remain fully effective as if no aceeleration
<br />had occurred. However, this right to reinstate shall not.apply in the case of acceleration under para~~ph 17.
<br />19. Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (toJr'therwith this Security
<br />Irurtrument) may be sold one or more 'times without prior notice to Borrower. A sale may result tn a change in the entity
<br />(known as the ~Loan Servicer~) that collects monthJypayments due under the Note and this Security Instrument. There
<br />aloo may be one or more changes of the Loan Setvicer unrelated to a sale of the Note. If there is a change of the Loan
<br />Servicer, Borrower will be given written notiCe of tho chanr;e in accordance with paragraph 14 above arid applicable law.
<br />The notice will r.ate the name and addrees of the new l...o$n Sorvicer and the addreM to which paymentsahould be made.
<br />The notice will aloo contain any other information required by applicable law. .
<br />20. Hazardous Substances. Borrower shall not cause or permit the presence, use, diF.pOSll, storage, or release of
<br />any Hazardous Substances on or in the Property. Borrower shall not do, nor allowanyonc else to do, anythingafleeting
<br />the Property that is in violation of any EnVIronmental Law. The preceding two sentences shall not apply to the presence,
<br />use. or stortlge on the Property of small. quantities of Hazardous Substances that are generally recognized to be
<br />appropriate to normal residential uses and to maintenance of the Property.
<br />Borrower shall promptly give Lender written notice of any investigation, claim, demand,lawsuit or other action by
<br />any governmental or regulatory agency or private party involving the Property. and anr Hazardous SubGtance or
<br />Environmental Law of which Uorrower has actual knowledge. If Borrower leaI'M. or i:: fIOtifled b) any governmental or
<br />regulatory authority, that any removal or other remediation of any Hazardous Substance affecting the Property is
<br />necessary, Borrower shall promptl~ take all necessary remedial actions in accordance with Environmental Law.
<br />As used in this paragraph 20, Ha7.ardous Substances~ are those sul)stances definoo as toxic or hazardous substances
<br />by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products,
<br />toxic r;sticides and herbicides. volatile solvents, materials containing asbestos or formaldehyde, and radioactive
<br />materIals. As used in this paragraph 20, ~Environmental Law. means federal laws and laws of the jurisdiction where the
<br />Property is located that relate to health, Sllfety or 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 10 acceleration following
<br />Borrower's breach of any covenant or agreement ill this Security Instrument (but not prior to acceleration
<br />under paragraph 17 unless applicable law provides otherwise). The notice shall specify: Ca) the default; (b) the
<br />action required to cure the default: (c) . date, not less than 30 days from the date the notice is given to
<br />Borrower, by which the default must be cured: and (d) that failure to cure tbe default on or berore the date
<br />specified in the notice may result in accderation of the sums secured by this Security Instrument and sale of
<br />the Property. The notice shall further inform Borrower of the right to reinstate after acceleration llOd the
<br />right to bring a court action to assert the nonofJlistencc of a default or any otber defense of Borrower to
<br />acceleration IInd sale. If the default i~ not cured on or before the date specified in the notice, Lender, at its
<br />option, mllY require immediate payment in full of all sums secured by this Security Instrument without
<br />further tiemlCnd and may invoke the power of sale and any other remedies permitted by applicable law.
<br />Lender shall be entitle~ to collect all C\Jpenses incurred in pursuing the remedies provided in this paragraph
<br />21, incl uding, but not limited to, reasonable attorneys' fees and costs of tWe evideilcc.
<br />Ir the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of
<br />the Property is located and shall mail copies of such notice in the manner prescribed by applicable law to
<br />Borrower and to the other persons prescribed by applicable law. After the time rC1Juired by applicable law.
<br />Trustee shall gi ve public notice of sale to the persons alid in the manner prescribed by applicable law. Trustee,
<br />without demand on Borrower, shell sell the Property at public auction to the highest bidder at the timr. and
<br />place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee
<br />determines. Trustee may postpone sale or all or any parcel of the Prop~rty by public announcement at the
<br />time and place of any previously scheduled sale. Lender or its designee may purchase the Property at an)"
<br />sale.
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