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<br />17. Transfer of the Property or a Beneficial Interest In Borrower. If aU or any part of !he Property or
<br />any Interest In it Is sold or transferred (or If II b€:neficlal interest In Borrower Is sold or transferred and Borrower Is not a natural
<br />person) without Len~'s prior written consent, Lender may,at Its optlon, require lmm:ld1ate payment In fun of an sums secured by
<br />this Security Instrument. However. this option shaR not be exercised by Lender If exercise Is prohibited by federal law as of the
<br />date of this Security Instrument.
<br />If Lender exercises this option, Lender shaD give Borrower notlee of acCP.lel'lltlon. The notice shan provide a period of not
<br />less tht.n 30 days from the date the notice Is delivered or maRed within which Borrower must pay .. llUI1\$ secured by this
<br />Se.;-,Jrity Instrument. If Borrower bDs to pay these sums prior to the explnltlon of this period, Lender may Invoke any remedes
<br />permitted by this Securtty Instrument without further notice or demand on Borrower.
<br />18. Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shan have the right to have
<br />enforcement of this Security Instroment discontinued at any time prior to the earner of: (a) 5 dIIys . (or such other perlcd as
<br />appncable law rr.ay specify for reinstatement) before sale of the Property pursuant to any power 01 sale contained In this Securlty
<br />I'lstrument or (b) entry of a Judgment enforcing this Securry Instrument. Those conditions are tllat Borrower: (a) pays Lender d
<br />'.Iums which then would be due under this Security Instrument and the Note as If no accelenltlofl had occurred; (b) curl'S any
<br />default of any other covenant or agreements; (c) pays aR expenses incurred In enforcing this Securlty InstrulMl'lt, including, but
<br />not limited to, reasonable attorneys' fees; and (c:) takes sllcn action as Lender may reasonab": require to assure that the Hen of
<br />this SectJrtty Instrument, Lender's rights In the Proper.y and Borrower's obHgatlon to pay the sums sxured by this Securlty
<br />InstnJment shall continue unchanged. Upon reinstatement by Borrower, this Securlty Instrument and the oblgatlon3 secured
<br />hereby shall remain lully effective as If no acceleration had occurred. However, this right to reinstate shall not apply In the case
<br />of acceleratIon under paragraph 17.
<br />19. Sale of Note; Change of Loan Servlcer. The Note or a a partial Interest In the Note (together with this
<br />Securlty Instrument) may be sold one or more times without prior notice to Borrower. A sale may r"ult In a change In the entity
<br />(known as th~ 'Loan Servlcer') that conects monthty payments dul'l under the Note and this Securlty Instrument. There also may
<br />be one or more chang~ of the Loan Servlc,~ unrelated to a sale of the NOls. If there Is a change of the Loan Servlcer,
<br />Borrower will be given writtffi notice of the change In accordance with paragraph 14 I!.bove and appBcable law. The noUce will
<br />state the nar,le and address of the new '.oan Se!Vlcer and the address to which payments should be made. The notlce will Ilso
<br />contain any other Information required by lPpllc-.ab'e law.
<br />20. Hazardous Substances. Borrower :lhall Mt cau~: or permit the presence, use, dlsposaJ. storage, or releallC of
<br />any !-iazardous Substances or' or In tho Property. 90rrower shall not do, nor anow anyone else to do, anything affecting the
<br />Property thaI is In violation of any Erwlronmental Law. The preceding two sentences '.IhaB not apply to the presence, use, or
<br />stor1lge on the Property of small qllftntltles of Hazardou'l Substances that are generalty recognized to bfl appropMle to normal
<br />residential uses and to maintenance of the Property.
<br />BO"Tower shan promptty give LenG"r written notice of any Investigation, claim, demand, Illwsult or other action by any
<br />governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of
<br />which Borrower has actusl knowledge. If Borrowtor learns, or Is notified by any govemmMtaJ or regulatory authority, that eny
<br />removal or other remediallon of Ilny Hazardolls Substance affecting Property Is nec3ssary, Borrower shan promptly take aR
<br />necessary remedial aellons in accordance with Environmental Law.
<br />As used in this paragraph 20, .Hazardous Substances' are those substances denned as toxic or hazardous substancns by
<br />Environmental Law llnd the following substances: gasoline, kero'.lene, other flammable or toxic petroleuM products, toxic
<br />pesticide:; and herbicides, volatile solvents, materials containing asbestos or formaldehyde. and radioactive materials. As used In
<br />paragraph 20. 'Environmental law' means federal laws and laws of the iurlsdlctlon where the Property Is located thllt nAate to
<br />health, :;afety or environmental protecUon.
<br />
<br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as fonows:
<br />21. Acceleration; Remedies, Lender shall give notice to Borrower prior to acceleration
<br />following Borrower's breach of any covenant or agreement in this Security Instrument (but not
<br />prior to acceleration under paragraph 17 unless applicable Irlw provides oth9rwlse). Th9 notice
<br />shall specify: (a) the default; (b) the action required to cure the default: (c) III date, not less than
<br />30 days from the date the notice Is given to Borrower. by which the default must be cured: and
<br />(d) that failure to cure the default on or before the date speclfled In the notice may result In
<br />acceleration of the sums secured by this Security Instrument and lale of the Property. The notice
<br />shall further Inform Borrower of the right to reinstate after acceleration and the right to bring a
<br />court action to assert the non-existence of a default or any other defense of Borrower to
<br />acceleration and sale. If the default Is not cured on or beft.re the date specified In the notice,
<br />Lender at Its option may require Immediate payment In full of all suml secur4Jd by thl'l Security
<br />Instrument without further demand and may Invoke the power of sale and any othor remedies
<br />permlttecl by applicable law. Lender shall be entitled to collect all expenses Incurred In pursuing
<br />the remedies provided In this paragraph 21, Including, but not limited to, reasonable attorneys'
<br />fees and costs of title evidence.
<br />If the power of sale Is Invoked, Trustee shall record a notice of default In each county In
<br />which any part of the Property Is located and shall mall caples of such notice In the manner
<br />prescribed by applicable law to Borrower and to the ott,er persons prescribed by applicable law.
<br />After the time required by applicable law, Trustee shall give public notice of s,Ieto the persons
<br />and In the manner pre=,crlbed by applicable law. Trustee, without demand on Borrower, shall s.1I
<br />the Property at public auction to the highest bidder at the time and pl.ce .nd under the term.
<br />designated In tile notice of sale In one or more parcela and In .ny order Truste. determIne,.
<br />Trustee may postpone salo of all or Dny parcel of the Property by public .nnouncement at the
<br />time and place of any' previously acheduled aale, Lender or Ita de.lonee may purch..e the
<br />Property I't Or'} sale.
<br />UPOii f6c6lpt of p~y",ent of the price bid, Trustee shall deliver to the purchll(;er Trusto.',
<br />deed convoying the Property. Tho rocltals In the Trustee's dttod ah.llbe prim. facie ovldonce of
<br />the truth of the stQlomonts made tho rein, Trustee shall apply the proceoda of the a.lo In the
<br />following order; (a) to nil costs and expenaes of exercising the power of salo, and the sale,
<br />IncludlntJ tho payment of tho Trusteo's foes actually Incurred. not to exceed threo
<br />- _ % of the princIpal amountoT'ihO
<br />note at the time of the declaration of default, and reasonable attorney's foes as permlttod by law:
<br />(b) to all sums socured by this Security Instrument: and (c) any excess to tho person or persons
<br />legally ontitleri to it.
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