94101361 - Laserfiche WebLink

Browse

-r,- . . . - - -- � ---- — --- _. _---- -- - �. 94- �.os,3s1 � . � � ; appiicabic law may�pocify for rcinstatemenU befor�e��le of thc Property pur�u�nt to+�ny power of ule contdnod ia tlilr � Secuciry Inueument:or(b)entry of R jucS�meat eefa+cinQ thi�3ecurlty Instzumen� 1'hose condidon:u�e that Bcxrower: (a) i � py� La�der�ll wms which then wwld be due undar thi� Sacurlty Inatrurnent u�d the Note u If no�cceleradon h�d _I oceure+ed:(b)cuna any deFault of any other covEnants a a�roement�;(c)pay�all expauea i�xiured la enforcing this Sxurity � Iruaument, includin��but not limited to. reason�ble�ttat�eys'fea;and (d) takes auch action�s Lender may neaaaru�bly roquic�e to aasure that the lien of thir Security Inatrument,L�enderh�ighta in the PropeRy and Batrowar's obligadon to pay the swns recurod bq thi: Security Instrument shaA cont�nue unchanQod. Upon ain�tement by Bomower, this Socurity Inurument and the obli�uiona�cuned he�+eby shall�main fully effxdve as if no�ecelenulon had occurnd. Hownver.thii - ---- - dIIht to rainstate shall not npply in the cuse of nccelerution uader parasraph 17. -- 19. S�le o[Note;Cb�o;e ot Lo�n Servker. 'I'fie Note or s pactial inttrest in the Note(together with thic Security Insuument)may be sold one or mare dmes wtthout prlor noticc to Bomower. A ealc may rcsult in a change in the entity � (known ae the"Loan Servlcer")that collects monthly payments dtu under the Ncue and this Security Insuument. There also mxy bo one or mane changes of the Loan Servicer unrelated to a sale of the Note. If there is a chengc of the Loan Servlcer, Borrower will be given wcitten notice of the change in accoMance with paragraph 14 above and applicable law. The notice I will state the aame and adclness of tt�c ncw Loan Servicor and thc addt+ess to which paymcnts should be madc. The noticc will alco contain any other inYormidon required by applicable law. ?A. Hpzardow SulwtAnca9. Borrowcr shall not cause or pertnit the presence, use,disposal,srorage,or rclease of any � Hazacdous Substanccs on or in the Property. Borrower shall not do.nor allow anyone clse to do,anything affecting the Property that is in vtolation of any Envlronmental Luw. The proceding two sentences shall not apply to tha presence,use,or staage on the Property of small quAntidcs of Hazardous Substances that ac+e generally ncognized to be appropriate ta noanal nsidenual uses end to maintenance of the Propecty. ' Borrower shall pmmptly g[ve Lender written notice of any investtgation,claim.demand,lawsuit ur ather action by any -�� i governmentel or regulawry agency or pdvate party involvii�g the Property and any Hazardous Substance or Envimnmentaj . Law of which Bomawer has actual knowledge. If Borrower learns, or is notified by any govemmentat or regulatory ! ,: authorlty.that any removal or other remediadon of any H�.ardous Substance affectin�the Property is necessary. Borrower shall pmmptly take all neccssary mmediel actions In accordance wIth Environmentnl Law. ' •'�'-' " As ased in this paragraph 20,"Hazardous Substances"sue those substancex defined as taxic or hazardous substanr.es by ` Environmental Law and the following substances: �asoline,kerosene,other tlammable or toxic peaoleum products, toxic pesticides and herbicides, volutile solvenGs, muterials containins asbestos or formutdehyde,and rndiouctive materials. As . � � �� used in this paragn►ph 20,"Environmental Law"means federnl laws and laws of the jurisdiction where the Property js located r.-..- �'.'��,�'��-� that relate to health,safety or envlronmental protection. � NON-LJN[FORM COVENANTS. Bonower and[.ender further covenant and agme as follows: f �j;�� -,;'�'~ 21. Acceleration; Remedies. I.ender shall give noUce to Borrower prlor to occeleraUon fullowing Borrower's . `;;;� ''.. •'��? ; bm.�ch ot nn rnvensmt or p — y g��eement in this Security Instrument(but not prlor to accelerAtion under pars�grAph 17 �'�°`'°'�i- I unle�s Applicable law provldes otherwLve). The notice shall specify: (p)the detAUlt;(b)the Actton requtred to cure the .. .,.. �. , defnul�(c)A date,nrtt les.c than 311 days�NM�tI�P fI}��P�l14 IN1rICP�R�VP/I t0�01'!'OWPI'i by whisl�t�e dete�t mvst tss� cured;and(d)thpt tAilure to cure the defs�ult on or before the dAte specitied in the notice may result in acceleration of ...y^°'s�-�� .-.. --___ ' .°.� .' „ - Lhe sume secured by this Security Instrument And sAle of the Property. The notice shall turther intorm Borrower o[ „ . : . . the right to reinstate aner Accelerntion and the rlght to bring a court action to assert the non-extstence of A defAUlt or --- - � , any other de[ense of Borrower to acceleratton And sAle. If the default is not cured on or before the date apecttted in ._ � . the notke�L.ender at Its option may mquire immediAte payment in full oi nll sums secured by this Secudty Instrument _ . without[urther demAnd and mAy invoke the power of sale end any other remedies permitted by npplica�ble law __�_ ` , i.ender sfwll be entitled to collect all expenses incurred ln pursuin� the remedtes provided in this paragraph 21, - " lncluding,but not limited to,reasonable attnrneys'fees and costs of tttle ev(dence. � �, It the power ot sale is invoked.'14�ustee shall record a notice of defuult in each county t� which any part of the -`}� � •• Propecty is located and shall mail copies of such notice in the manner presecibed by applicabM law to Borrower pnd to - ' ' ' ' the other per�ns prescriM�l by Applkeble!sw ARer the t[me requlred by appllcable law,7rustce shAU gi�c publtc �" ,�� notice of sAle to the pemons Ancl!n the manner prescrlbed by applfcable Inw 'll�ustce,without dem�nd on Borrower. 6� , . shall sell the Property at public ouction to the highest bldder At the t(me and place and under tlte terms designwted in �`�""- y the notice of sale in one or more parcels and in any order 1Yustee determines. 'Irustee mAy postpone sAle of all or any ��_ • • parcel of the Property by publtc announcement at the time and place of any previously scheduled sale. Lender or its �_ ' designee may purchase the Property At nny sale. �.:�- . Upon receipt of payment oP the prlce bid.'[Yustee shalt detiver to the purrha5er 1Yustee's deed convey(nR the �.� Properfy. The recitals in the 7Yustee's deed shall be prima fi�cic evidence of the truth of the statements made theretn. �� . •- ' T}ustee shWl a p pl y the proceeds o f t h e s A l e i n t h e f o l l o w i n�o r d e r: (a)t o a l l c o s t s a n d expenses o f exerc i s ing t he power �. _ ',. �.�r•- -. . � ... . <<-- . �---�' :%•. .�!•. �._. � �;9_' _ -• '� ;. � f `1 . � , . t � � . > � . � . . yp'�L{u...��x . . .. . .. .. . . . .. ' . t4:^'d{it+��V't.'NPA�.tr'.'.. .. . -�r _ n . - 1 ��___'_"..-__"_'" '-.:—'_-__ ... .. _.. . . .__ " '' " _-_ _ -__. . - . . . . ." " """" . .. . ' 1 ' +11. .I iw , .. .�. • '� . I H��. �• . �: K.R '•.�;� :� � 1 ' . �