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<br /> 93.;111159
<br /> 17. Transfer of the Pro;wriy or a Beneficial Interest in Borrower. If all or a,ly part of the Property or any interest in it
<br /> is sold or transferred (or if a beneficial interest in Ist,rrower is sold or transferred and Bormwer is not a natural person) without
<br /> Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by this.
<br /> 5,^rurity Instrument. However, this option shall oat be exercised by Lender if exercise is prohibited by federal law as of the date
<br /> of !his Security Instrument.
<br /> if Lenofer exercises this option, Larder shall give Borrower notice of acceleration The notice shall provide a period of not
<br /> Icss than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secures; by this
<br /> Security Instruntcnt. If Cot-Tower fails to pay these sums prior to the expiration of this period. Lender may invoke any remedies
<br /> pcmtitted by this Security Instrument without further notice or demvad on Bezxmtr.
<br /> IS. ltormwer's Right to Reinstate. If Borrower meets certain c:ondirion%. Borrower shall have the right to have
<br /> enforcement of this Security Instrument discontinued at any time prior to the earlier of. (a) S days (or such ottv.1 period as
<br /> applicable law may specify for rcirmaternent) before sale of the Propmiy pursuant to any power of sale contained in this
<br /> Security Instrumient. or (b) entry of a judgment enforcing this Security Instrument. Ttuxte conditiott_s xre that Borrower; (a) pays
<br /> lender all sums which then would be duc under this Security Instrument and the Note as if no acceleration hoc! occurred; (b)
<br /> curca any dcfaiult of any other covenants or sgirct vnis; (c) pays all exxpeomm incurred in enforcing this Security instrument,
<br /> including, but not limited to, reasonable .ttnrncyt' fcrs; and (d) ,apes cutih action ac Lender may reasonably require to assure
<br /> that the Iicn of this Security Inslrumcni. Lender's rights in thz l topcn-, iffw :turrower's obligation to pray the sums secured by
<br /> this Security tnstruirent ftll continue unchanged. Upon rt:irmistc.-mrit by Borrower, this Security Instrument &W the
<br /> oblipations secured hereby shall ti main fully effective as if no acceleration had occurred. However, this right to reinstate sisall
<br /> not apply it, the sass of accc,c.alior under paragraph 17.
<br /> 19, Sale of Note; Change of Loan Scrnicer. The Now or a partial interest in the Note (together with this Security
<br /> lnst-ument) nmy be sold one or more times without prior notice to Borrower. A sale may result 'n a change in the entity (known
<br /> as the `Loan Servicer") that collects monthly payments due under the Note and this Security Instrument. There also may be one
<br /> or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be
<br /> given written notice of the change in accordance with paragraph 14 above and applicable law. The notice will state the name and
<br /> address of the flew Loan Services and the address to which payiacnts should be made. Tt>e notice will also contain any other
<br /> information required by applicable law,
<br /> 20. Hazardous Substances. Bormuer shall noit cause or permit the presence, use, disposal, storage, or rciease of any
<br /> Hazardous Substance on or in the Property. Borrower shall not do. nor allow anyone else to do, anything affecting the
<br /> Property that is in violation of am Environmental Law. The preceding two .sentences shall not apply un the presenc--, use, or
<br /> Storage on the PmN.rty of sinaii qu.tnti6cs of Hazardous Substances that arc generally recognized to be appropriate to normal
<br /> residential arses and to mainierasnce of the Property
<br /> Borrower shall promptly eivc Lendc; ~.ritten notice of any investigation, claim, demand, lawsuit or other action by any
<br /> governmental or regutatorti agency or private party imoiving the Property and any Hazardous Substance or Environmental Law
<br /> of which &trroaer has aitual knowledge. If Borrower learns, or is notified by any governmental or regulatory authority, that
<br /> an'y removal or other rcmcdiation of any liazanlous Substance affecting the Property is necessary. Borrower shall prompliv take
<br /> all nece&,,i y° mniedial actions in ;rccordanrce wit: Environmental Law.
<br /> As used in this paragraph 20. 'Hazardme Substances' are those wbstanccs deputed as toxic or hazardous substances by
<br /> Environmental Law and the fol(msing suhs;ai re's: gasoline, keno-ene, other flammable or toxic petroleum products, tox"
<br /> pestickic,i and herhicides, volatile solvents. material, containing asbestos or formaldehyde. and radioactive materials. As w.,.tf 6r.
<br /> this paragraph 20. "Gnironinertal Law" incan4 federal laws and laws of the jurisdiction where the Property is located that
<br /> relate to health, safety or environmental pro!wion.
<br /> NON-UN.TOR~l COVENANTS. Bormwer and Lender further covenant and agree as follows:
<br /> 21. Acceleration, Remedits. Lender shall Fist notice to Borrower prior to acceleration following Borrower's breach
<br /> of am tovenant or agrecment in this Security InArument (but not prior to acceleration under paragraph 17 unim.
<br /> applicable law provides othtrwlse), The notice shall Specify. (a) the default; Ib) the action required to cure the default;
<br /> (c) a date. not le vs than 30 days from the date the notice is ltlren to Borrower. by which the default must be cured; and
<br /> (d) that failure to cure the default on or hefore the date specified In the notice may result in acceleration of the sums
<br /> secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to
<br /> reinstate after acceleration and the right to bring a court action to »t^t the non-existence of a default or anv other
<br /> defense of Borrimer to acceleration and sale. If the default is not cured on or before the date specified in the notice,
<br /> Lender, at its option, rata-, require immediate payynent in fu,l of all sums secured by this Security instrument without
<br /> further dentand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be
<br /> entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 21, including, but not limited
<br /> to, reasonable uttorness' fees and costs of title evidence.
<br /> If the potter of sale is in%oked, Tri stee shall record a notice of default in each county in which any hart of the
<br /> Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to
<br /> the other peirs-rins prescribed by applicable iaw. After the time required by applicable law. Trustee shall give public notice
<br /> of sale to the persons and in the manner prescribed by applicable lacy. Trustee, without demand an Borrower. shall sell
<br /> the Property at public auction to the highest bidder aC the time and place and under the term designated in the notice of
<br /> sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the
<br /> Prnpertv )ty public announcement at the time and glare of any previously; scheduled sale. Leender or its designee may
<br /> purchase the Property at any sale.
<br /> Form 3028 9190
<br /> Page 5 cot 5
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