|
� � �
<br /> -- __ . ____________..::�� — --- - - -
<br /> � 94°� 1t1�493
<br /> �ppllcabk Inw may npecify for neirut�temet►t)before sak of the Propecty punuant to any power af s�le conW�sed in tbi�
<br /> Securlty In�trumeat:or(b)entry o[�judRment enforcin�thi�Security Insuumrn� 7'fio�e coaditiau are Uut Barower: (�)
<br /> p�y� L.ender�I �ums which titien would be duc under this Se�urity Iniuvment and the Nou ss if no pccekration hnd
<br /> cecumd;(b)cnrec u►y defwlt ot any athcx covenanu or�roemenu;(a)paya�Il cxpenres incurted in enforcing ihis Secur�ty
<br /> — lmtnitnent,i�sciudln�, but not Umiud to,rensonable�uorneys'fcxs; and(d)talces such action s�s Lender may ne�onably
<br /> require to assurc tlut tha Ikn of thi�Sa:uciry Initrvment.Lender's d�hts in the Propeny and Bortower'c obliQation w pRy the
<br /> . :ums saured by thi: Sxurity In�tn�ment slull conunue unehanged. Upon reinst�ument by Barowa. this Security
<br /> — - --- � Instrun�ent wd tha oWi��ons secur�:d ttiereby cl�ail remain fu11y effecttve as ff no occeleradon bnd occurnd. However.thls
<br /> ri�ht w reituute sh�ll na apply In the case of acc�lauion under panQraph 17.
<br /> l` --- 19.S�le ot Nofe;Chu�e ot I.a�n Servloer '[7�e Note or a parti�l inurest in thc Note(togcthcr witix this Secudty
<br /> lnswment)rrwy bc sold one or more times without prior nodce to Aorrowcr. A sulc may result ia u change in the ent�ty
<br /> (known as the"LoAn Servicer")that collxGg monthly payments due under the Note and this Socurity Instrument. T6ere also
<br /> may bc onc or mon changes of the L.oan Scrvlcer unrelated to a sale of the Note. If thene is a change of the[.o�n S�rvlcer.
<br /> --- Borrower will be given written nodce of the ctunge in accordance wlth paragraph 14 above and applicable law. The notice
<br /> _n�_vs___�_ _ __�v wifl state ttu�wme snd wldress of the new Lw�n 5ervicer and the address to which payments should be made. The notice will
<br /> also conuin any ather information required by applkable law.
<br /> 20. i�i�rdous Substances. Borrower shall not cnuse or permit the presence,usc,dispowl.storage,or nlcase of any
<br /> Nazardous Substances on or in the Peopeny. 9arrower shall not do.nor allow anyone else to do,anythin6 affecdng thc �
<br /> Properry that ls in violadon of any Envlronmental Lnw. The preceding two sentences shall not apply to the presence,use,or
<br /> storage on the Property of small quantities of Hazardous Substnnces that are genen�lly recognized to be appropriate to normal
<br /> - asldential uses and to maintenance of the Propecty.
<br />, • Bacower shall prompdy�ivc Lender writtcn notice of any imcstigation,claim,demand, lawsuit or aher xtion by any
<br /> ' 1 , govemmental or ngulatory agency ar pdvute pacty invoiving the Property and uny Hautrdous Substance or Environmental
<br /> Law of which Borrower has actual knowledge. If Borrower lcams, or is notified by any governmental a rcgulatory
<br /> +�„ � uuthurity, thnt ar�y remaval or other remediation of any Hnzardous Substnnce affecting the Yraperty is necessary. Barrower
<br /> � °` �;,' ;;�:�-��w : shall promptly teke all nocessary rcmcdial actions in accordance with Environmental Law.
<br /> As used in this paregrnph 20,"Hazerdous Substances"are thoce substances defined us toxic or hazurdous substances by
<br /> :':��'�L`+:..:�r,:ti•-``". Environmental Law and the foUowing substances: gasoline,kerosene,other flnmmable or toxic petroleum products,toxic
<br /> � pesticides and herbicides, volaule solvents, mnterials containing nsbestos or formaldehyde,and mdioactive meterials. As
<br /> 'f�.Mr�,.;y,,���;� ,�: used in Ihis paragraph 20,"Envlronmental Law"mcans fedcral laws and luws of the jurisdiction where the Properry is located
<br /> �::..,• •;; that relate ro health,safcry or environmentul protection.
<br /> �{;;:.:" ' . : NON-UNIFORM COVENAIV'I'S. Borrowcr and Lender further covenant und agrce ati follows:
<br /> " ����.�•••.. :"-�.�� 21. Acceleration;Remedies. I.ender slwll give notice to Borrower prior to accelention foqowing B�rrower's
<br /> "�':' breach ot�tny covenant or agreement in this Security Instrument(but not prior to accelerittion under paragraph 17
<br /> -:�ii`:.:-.. __.t�=�� unless agg!!lteblP letiY A�-'vldfs otherwlst?. T!w notlee shel!s�(fy; (e1 the defA��lt,(n)t�a p���n rn�uirwl to cure the
<br /> ' ' � '. defAUlt;(c)a date,not less thAn 30 days from the date the nottce is given to Borrower,by which the deiault must be
<br /> cured;and(d)thAt[Allure to cure the default on or before the date specified in the notice mwy result in acceleration of
<br /> the surn4 secured by thls Se�urity Instrument and sale of the Property. 1'he notice shAll further in[orm Borrower ot
<br /> the ri�ht to reinst�te after acceleration and the right to bring a court action to assert the non-existenrn otA default or
<br /> ° � any other defense of Borrower to acceleration pnd sale. If the detault is not cured on or before the dute specilied in
<br /> • the notice,I.ender at its option may rcquire immediate payment In fall of all sums secured by thts Securtty Instrument
<br /> - without further demand and may invoke the power of sale and any other rnmedies permitte� by appltcable law -
<br /> • I.ender shsdl be entitled to collect all expences incu�red in pursuin� the remedies provtded in this paragrnph 21.
<br /> ' Including,but not Umited to,masonable attorneys'fees and cos4s of title evidence.
<br /> i�: '• If the power of sale is invokeu.Trustee sh�ll record a notice o[default in each county in which wny p�rt ot the
<br /> �a. , Property Ls located and shAll mail copi�of such notice in the manner prescribed by applicable law to Borrower pnd to
<br /> �� ` the other persons prescribed by applicable law. After the timc required by applicable law.'llractee shall give public
<br /> � noHce ot sale to the persons and in the manner pre.r•cribed by applicable luw. 71�ustee.without demand on Borrower,
<br /> �� shAll sell the Property At public auction to tl�e h(ghest bidder at the time and place and under the terms designated in
<br /> ?� the notke of sale in one or more parcels e►�d(n any order 11�ustce determincs. 'I�ustcc may postpone s�le of all or any
<br /> ` � parcel ot the Property by public announcement ut the time and plare of any previously scheduled wle. I.ender or its
<br /> ;:, • desiQnee rnAy purchase the Property at any sale.
<br /> Upon receipt of pstyment of the price bid,'I�ustee shall deliver to the purchaser'Ilvstce's dced conveyinR the
<br /> Property. The recitals in the 7Yust�r's dced shall t►c prima facie evidence of the truth of the statements made therein. -
<br /> �. � 'h�ustee shall apply the procecds of the sale in the followin�order: (a)to all cosGs und expenees of exercising the power
<br /> ���^�=•'•
<br /> �. ��K �
<br /> , 1 �
<br /> � '. .
<br /> �•. 2
<br /> �a •
<br /> : w� . i � .
<br /> .�� _
<br /> � -
<br /> 4 ,.
<br /> i -
<br /> . w'
<br /> ��- { - ....., .. " . • . ��. ., i°r.�i7�'..^A^�'''Y�''we`'" ' ' ' � . �., .. . .
<br /> ;
<br /> � 1
<br /> h
<br /> �
<br /> �,�..
<br /> �r
<br /> - ,�e
<br /> : �.
<br /> :f.
<br /> L' �
<br /> . ,
<br /> � � .:'r . .....
<br /> s ,
<br /> �
<br />
|