|
_ __ .�.�• .
<br /> „ � . � ,F,. .. ��... �l��R=-_
<br /> -- �r.._.... _n�..,.�..�_.,x� � �.-.
<br /> ---__��:�_�,..-`� ' t1. Monaw�r'� 1llpht 10 R�In�l�M. N 9on�oww� n� arUN�oondNfon�, 6orrowa rh�N hw�th�rlpht to h�v� �t -
<br /> d�oonYfwd N�fly WM pla'b IM wwr ot p1 6 d�Y� (ot woh othM p�bd u �ppNoB�l� IIw mty y7�dty for nYutf�lt�lNnU bMOn uiM
<br /> a �ti.�op«y �►.w„� a �+y aow+► a w. ow�w�,.a �, a�. e.o�,��► �+�w�+,«a; a te� .��y ni . w��«,�o►�rw ua. s.a,�'�
<br /> Mwuvmaw.n�o..oondluoa.�.uwu eonowK: (.)p.ya t.«iaa dl wna wnioh tn.n wa,a w aw und.► thl. �owky In•wM.nt .ea q�.
<br /> Not� w M no �oo�br�tlon h�d ooa+rt�d: (bI wrM �ny d�MuN ol 11ni othv eov�n�nt a spr�n�nq: (c) W!n M �NS bourtir
<br /> . ' ,.� .., .1..�.. rnlotcYiO thl� d�owKy In�trum�n6 Maludiny, but nol WrW�d to, rN�awbN �ttamhn' f�: �nd (e� Was wcM �atlon u Undw �
<br /> ' ;�;�iyi,�•.:_:. �swrfaly r�qukt to wwn thot th� Ym d thk 8�cwlty In�kwn�nt. Undrr'� rlphtt In 1h� Prop«ty and 8or►owrt's oWlpUbn b p�y
<br /> ' . � ... . . .;i: wms ��cund qy thls 8�ourllY In�trumint th�N ContNw� uncl�anOb. �Pon �Nn�tatmMnt by 8ortow�t� thM $�curky InsVurtMnt and
<br /> a� ::�• �. �: �s�xu�d hr atuN nmaM�lu Nl�liv� ��H no soo��llon h�d ocoun�d. Howwr,thls rlpht ta r�h�tatr sh�ll oot�pply °-,�
<br /> ,f'-:=-`• �� �Y MY
<br /> .,�.ax•.�s.,.W.,��a th�ou�of�cul�ntbn und�r panpnph t7. —
<br /> `d� � �7 10.8a1� of NOt�; Cha11Q� of I.O�f1 B�ndC��. Th� Not� w a p�rtW Intuat In th� Noh (topNhK wNh this B�uN�
<br /> � ,' .,.. � . ''•` Inatrun�N) m�y b� aold on�a mw�Wn�s wkhout pbr notic�to Bortuw�r. A saN nwy r�tuR In a chanp� In th� �ntUy(known u th�
<br /> --.;..,`�_..� �•�:��ti..;�;;;; •�o.n s«vic.r') that coN�ats monlhH Wyrn�nts dw und�r th� Not�and thit S�curity inswm�nt. m�.,uso may b.on•«m«.cnv►�..
<br /> - - - ' . ol th�Lan 3wicK unrei�t�d to� s�l�ot th� Not�. II th�r�Is a chanp� of th�Lau�S�rvic�r, 8orrow�r wiN b�yivm wrltbn �oUe�of th� —
<br /> -�`==�-^•., ".�.,. --•'�l ehanyr fn accordmc�wRb p�r�ynph 14 abow and appllcabia law. Th� notica wUi �t�th�nam�a�d addnss of th�nw�r Lan 3�rvicar R=
<br /> ���:.
<br /> .,�_;��'�'.•. NNd tM �dd(H�10 WIIICM �S1111�f11� ihWW�fl'li�. Th�f10UC�WIN ili0 C0111�k1 Ny 01hIf NtT01f1'N110f1 f�QUlf�d by i�UC�blf I�W.
<br /> ��,`� .
<br /> �0. Hazardous Subttmc��. BarowK sh�ll not caus� a p�rmit th� pn�mc�, u��, di�po�ai, staap�, or r�l�ttt of any
<br /> - ` , , H�zsMou�Eubstancs on a h th� Reperty. @orrowK sh�li not do. nor vlow anyona�Is�to do,anythiny �tt�ctk�y tht PtopKly that Is h
<br /> �^�` � vIo4�Uon ot any Envkonmentai I.�w. Th�pnad(np rivo�entmc�s �haQ not�ppiy to ih�pns�nce,u��,or stway� an th�Propwty ot tmaN
<br /> �+�=!* . „ ' quanttMl�ss of Hazudou� 3ubsLnas that sr�qenera�y recopniz�d to b�appropr�N to normal rald�ntW usa �nd to mrint�runc� of tht
<br /> Rropaly
<br /> L goROwrer shall prompUy qiv�Lendrr wAtten noUet of �ny Investiy+�Uon, claim, dernand,fawauk or other acUon by any pov�mm�nlal or -_-
<br /> nputatory ayency w privat�p�rty involviny the Proparty and any H�rdous Substanc�or tnvkonmwftal Law of whkh Borrow�►has�ctual
<br /> knowNdye. It Borrower Iwms, or ta notilNd by any qovemmental or raguktory author�y, that tny romovai w otfwr r�medtatbn of any
<br /> Htzardou� Subst�nc�aH�ctiny the Property�s neeeaauy, BoROwe► sh�N prampUy t�ke �II neceaury remadl�l aaGons In acaord�nc�wkh �-��
<br /> Envkonnnmt�i Law.
<br /> ti !u u�od (n this paraynph 20, 'Hawdoua Substancea' �re thoae aubatances deflned �s toxic or h�zudous �ubat�nc�s by �.
<br /> Environmental Law and tho tdlowiny �ubstu�cae: p�eoiine, kKOSan�, other 1Wmnabte or tc�dc p�troiwm produat�, toxic peaUddei �nd
<br /> , herbidde�, vokWe aoM1r�nts, maUriais cont�ninp aeb�stos or formatd�hyde, �nd radlactiv� maUrfalt, Aa used In thia p�np►aph 20, --
<br /> 'EnvironmenUi Law' mwns f�dKal kws ind I�ws of th� JudsdiaUon wh�re the Property is bcwted th�t rN�tt to hwfth, wf�ty a ��
<br /> mviraimantal protection. —
<br /> NDN•UNIFORM COVENANT3. Bortow�r and Lender further covenant and ayree �s foNowa:
<br /> - . Zi. Accclaratta�; Rontor!lea. l.andsr �he!! �fve n�licw t� ���re�w�� �+rle,r t� �Rr_wlwrA#ion foltowi�9 �
<br /> � Borrow�r's braach of any covonant or agroomont in this S�curity In�trument (but not prior to tccNoratlon
<br /> und�r paragraph 17 unioaa appUcable law providos othorwisa). Tho notic� shall spscify: (a) th� doi+�ult; ,
<br /> (b) tho action roquirod to cun th� dafauit; (c) a dato, not less than 30 d�ys hom th� d�to th� notic� Is `"
<br /> qtvon to Borrow�r. by which tho default must b� curod; and (d) that failuro to cur� tho dafauit on or
<br /> bofora tho dtta ��oaiflad In the notica may resuit tn tccaloration of tho �ums sacur�d by thi� S�curlty —
<br /> Instrom�nt�nd sato of th� Property. The nottce shall turthsr inform 8orrow�r of th� right to nfnstat� aitor =
<br /> �cc�l�rrtion and th� riqht to brin� a court action to �saart th• non-oxist�nc� of a d�hult or �ny oth�r ` --
<br /> d�fqn� of Bo�row�r to acc�l�ration and s�le. If th� d�fault ts not curod on or boton ttw dat� �p�alfi�d �-�.
<br /> In tho notico. L.ond�r �t tts option may nqulrQ immadiats paym�nt in full of all �ums s�cund by thl�
<br /> . S�curity Instrumont without furth�r d�mand and msy invok� th� pow�r of sal� snd any olh�r nm�dl�s
<br /> p�rrnitt�d by applicsbl� law. L�nd�r �h�ll be ontitisd to coll�ct �II ozp�nsas incurr�d tn pursutnq th� ,
<br /> ' nm�di�s provfd�d tn tht� psra�raph 21� includiny� but not limtt�d to, n�son�ble attorn�yi' f��t and cosb �-:-
<br /> I of titl��vidence. �'
<br /> If th� pow�� of sab 14 invokad. Trustao �halt rocord a notice of dofault in aach county in which any
<br /> 1 part of th�P�oporly is toc�ted and shalt mail coples of such notica in th� m�nnar proscribvd by applicabl� �
<br /> t�w to Borrowor and to tho othor persons prflscribed by applicabto law. Aftor tho timo r�qui►od by
<br /> applicable law, Trusto� thall qive public notico of sala to the parsons and in tho mannar pra�cribad by �
<br /> tppitcabl� taw. Trustoe, without domand on Borrowar� shall sall the Proporty at public auction to tho
<br /> hi�h�st biddor pt tho timo and place and undor the terms deal�nated In tha notice of sala In ono or mor�
<br /> parc�l� and in any ordor Trustee datermi�os. Trustee may postpona aata of ali or �ny parc�i of th�
<br /> Proparty by public announcomo�t at the time and place ot any previou�ly schoduted wle. Lond�r or its f
<br /> dosip�oo may purchaso tho Proparty at any �ale. �
<br /> Upon recaipt of pvyment of the price bid, Trustee shall doltvor to the pu�chasor Trusteo's daod
<br /> convaying the Proparty. ThQ recitats in tho Trustee's dead shail ba primA facie ovidQnca of tho truth of
<br /> tho Katam�nts made therei�. Tru�tee shali appty tho proceeda of tho sale in the tollowing ordar: (a) to all
<br /> cost� and expenses of Qxercising the powor of aate, and the sale, including the payment of tha Trustae's
<br /> ` faos actuaily Incurred, not to excaod 3 9'0 of the principal amouot of the note at the timo of tho
<br /> decl�ratio� of default, ond rQasonable attorney's fees as permitted by taw; (b) to ali sums �ocurad by this
<br /> . SQCUrity instrument; and (c) any excess to tho porson or porsons logally ontitlod to it.
<br /> . 22.Raconvoyaneo. Upon payment of all aums secured by thls Secu�ty Instrument. Lender sheli request Trustee to reconvey the
<br /> Propedy�nd shall surtender ihis Security Instrument and all notes evidencing debt secured by thls SQCUrily Instrument to Trustee. Trustee
<br /> � ahail reconvey the Property wHhat wartanty and without charpe to the person or persons Ieqeiy entilled to It. Such person or persons shaA
<br /> ` ' pay �ny rccordation coats.
<br /> L � 23.Substitut�Trustao. Lender, �t its optlon, moy lrom time to time remove Trustee and appoint a auccessor trustee ta any
<br /> 'T" INEIlR �ppointed nereunder oy Rl RIEINRICII[ fBCOfoeo in ina wuriiy in wi�i�i� iiiia aecwiiy imtrwnmi is rescora�sv. wiinou(conveyanCO at
<br /> �' the Propxty. succeaaor trustee shall succeed to all the tit�e.power and dutiee conlerred upon Trustee herein and by appllcable�aw.
<br /> � 24.Roqu�at tor Notieo�. BoROwer requeats thet coples of the notices of delault �nd sale be sent to 8ortower'a addreas which
<br /> • fs the Roperty Address.
<br /> 25.Rld�rs to thls Security�nstrument. If one or more rtders are executed by Borrower and recwded toqetha wlth thls
<br /> ' ,� Seeuny Instrument. the Covenent� �nd agreements ol rach such ride sheil be tncorporated fnto an�t shell amend and supplement the
<br /> � coven�nte and agreernenta of thla Security Instrument as If the rider(s) were a part oi thfs Securily Instrument.
<br /> �
<br /> $
<br /> � r.,qc a o�5 r:•m J02e 9.,0
<br /> F�0?9.lMG IS/97)
<br /> i 117249•1-ttl '
<br /> i
<br /> '� � - --- . . . - - . — - - - -
<br />
|