|
��c-�t —
<br /> .�•,
<br /> �ir.�.-f �r�'.• `;� _ _
<br /> ' - --'�=
<br /> ..� ----- __,,Y,..r .
<br /> --- ----,--- . • ` . iT. Tra�:hrr o4 tiM Rrop�y or • �n�MClat Infonric i�y Bvi:iiii��i�. n ru w W�y�t W uw �-��ty r,r -
<br /> -- -- ' iny Intweat b N b �old a tm�h�nd(a M�bw+M4ot�1 InMnW In Qonowr M sold or tnnNMnd�nd Borrow�r k nol• n�M�nl --_-
<br /> �-- ----- wna+)wNtwut L«�aa�.pfor wrkun oon..nR L«iaw mn►��oPaon.nqufn urrn.aht•p.ymM,t In 1ur a NI.ums uou.d by
<br /> — - thl��ot�eNy Inslnwnr►1. Howrv�►�thls opYon�h�N twl b���rdNd b��mtM R�wraM�N prohblt�d by Nd�ral I�w w d tlN
<br /> aa.a u,a e.o�y w�.w�,�«�.
<br /> _� n�.na.►ooc«+ol... ua. catla+, u� .N� Ow• eor►ow�r tioao.or.00M«ruon. �rh. noaa;h�r ww�W.a w�a of ew �
<br /> •.� Nas tlw� 9t1 d�y� Uom th�d�b th� nWfo�b dNv�nd a nwMd wNhin whloh 8arowa must p�y NI �wns aax�d by ihts
<br /> ��' �+ B�owNy M�uwn�nt. II BarowK NYa to p�y thMS wm�P+�to th��ocphtlon of thlt pNiod, I.�ncMr m�y hvokr�ny r�n»dlM �
<br /> � pun�INd by thls B�arNp InaYwtMnt wlthout NAh�nolfo� a d�nwnd on Bonowa. �
<br /> '° • :c�• 19. do►►�wr'� Rlqllt to R�111N�t�. q Bo�►ow�r mMts a�Wn candltlon�. BarowK sh�l haw th� ripht to h�w � � �_
<br /> j �nfotoMrwnt ot thls BawiNy Instnwnmt dscontlnu�d at�ny Wn�prlor to th� wrllK of: (a) 6 d�ya (or wch othK p�rlod as
<br /> '�„ ap�lk,�bl�Mw nwiy sp�oly fa rMn�tatwnMtt) bMon taN of th�Prap«ty pw'swnt to�ny pow�►ol taN conWn�d In thM 9ra�dty
<br /> �._�.,.��. :•.. .,,:,•`�
<br /> �nstrummt;a(bj�ntry ot a pdpnwnt�ntorclny thb 9�ourily IntUunNnL Thow condfUons an th�t Baroww: (a1 p�ys L�ndK aN
<br /> _—�_;...;�:;-n:•• ,:..��3� wm�wblch thm woWd b� du�und�►thlt 3�curNy►nstrum�nt�nd tht Not���R no�co�aGon h�d occurnd� (bI cunt�ny
<br /> ---— s. , ,. dNwk of any othw co�nnaet or�qrNrn�nts; (c) Wys dl �ws Incumd In �ntordn�thts 3�aWily InsLum�nt, Induclinp,but Qj
<br /> -'-:,"':(i;;:,.�� •r ;��:._�: not Nmlt�cf to.rn�ombb�ttan�ys'1�tc ind(d) Was wch�ctbn �s l.�nd�r may n�sonaby nquln to nwn that th�N�n of
<br /> -- `'-==-=.-=�_�.;' this S�curily Instrum�nt, l.�nd�r's dphts In th� PfO�tt�l Nd BOROWK's obMpaHon to pay th� suma seeurod by thb SKwrily -
<br /> - '..°d�-:,.,.;.K�, InsWm�nt shaN eontlnw unehanp�d. Upon tekttLt«nlnt by Borrow�r. thls S�cwity Instrun�t and th� obl(p�Uom s�ound
<br /> ��-'Y �1°`�%���ti=� �' hK�by shW r�fuNy Nf�cthr��s R no acc�Nratlon h�d ocamd. Howw�r,thlt dpht to rNnsht��haM not apply 1n th�c�M
<br /> �.�.., . of occN�rnUon w�der p�rap►aPh 17.
<br /> �L'J:.'ti.[
<br /> -�.s=f _. .. '� ,� � 18. Ssl� of Not�; Chan�� Of L.of11 S�rvlC�r. Th� Not� or a • p�rtl�l inbtnt h th�NoU (top�thar wlth thls
<br /> ��' :; S�curity tn�trument) may b�told on�a mon Wna wMhout prlor notlr.�to Borrow�►.A aal�may nsuR In a chanp�In th�mtlty
<br /> �•. ' ' � (known as th�'Lwn S�rvkw')that coN�ct� monthy p�yments dw undK th�Not�and th��3�curlty Inatrument Then atso m�y
<br /> � ' �, be ono a mora chanyoa ot tha Loon 3avlcK unrMatM to a s�le of the Note. It therc le a chanpe ot th� Loan Servleer, -
<br /> BoROwor wiN b�ylven w�ltten noUce of th� ch�nye(n accord�nce wRh putynph 14 abov�and�ppNabl�I�w. The notla wIN -
<br /> a, state th�nun��nd addroas af th�n�w Lwn S�rvlcK and th�addns�to whloh p�ymants shoWd b�rrwd�. Th�notla v��Iso
<br /> � cont�tn�ny oth�r InfomWlon roquk�d by�ppMc�bl�4w. _
<br /> • 20. Haz�rdous SubdanC�s. 8ortowK�haU not uua or p�mlt th�pns�nc�, uf�, c�posal, storaye, or roteue o( -
<br /> any Huudous 3ubstanc�s an or In th�Propaty. Borrowa shall not do, nor allow u►yons etse to do, anylh(np attoctlnp ths
<br /> Prop�rty that Is In vIol�Uon of any Envkonmentat l.�w. Th� pncsdinp two ant�nus shaN not �pply to ih�pr�s�nc�, us�, a
<br /> stony� on th� Prop�rty of �Q quantltles of Haz�rdou� 3ubstane�that ot peneaNy roaopnlz�d to b� approprlatn to nomW � -
<br /> •• . rostdentkl uaa and to m�k►t�nanes of the Property.
<br /> 9orrow�r shW prort�ptty piv� L�nd�t wrflt�n not(ce of any k►wsUptllon, clakn, d�nd, I�wsuR or oth�r aatbn by any
<br /> yovernm�nW or rpul�tory aymey or ptivate p�rty InvoNN�y the Prop�rty and any Hazardous Substance or ErnkonmenLl law oi _
<br /> whlch BorrowK luis�ctwl knowl�dp�. If Bortowr Iwma, w Is notlfied by any qowtnmenW or r�yul�tory�uthority,th�t yny
<br /> --- -- - - rw�wr«1 i,r uthur fwn�il�Uan oi ar+y 3 tu:rdous 3ub�t�ncc adsc!!np Properiy !s necessary. 9orrowa sha!! g►ompty tekr eM _-
<br /> • n�sauy rem�d4il acqons in�ccordancs w(th Envkonmental Law. __
<br /> � As us�d In thls parapraph 20, 'Huardoua Sub�tances' are those aubsUnc�s deftned as toxb or hwudous subetaneaa by
<br /> Envkonmentat Law rnd th� foWowlnp subsUnces: yaaoWne, kerosene, other tlartxrwbb w toxtc paUoleum producta, toxlc �F =•
<br /> peaticldea and herblcldes,vol�tlle aoNents, materWs contafning aabeatos w torm�Idahyde,and radbacWe materi�Ia. Aa uaed In L....
<br /> I p�nynph 20, 'Envkonmental Lqw' mems fedKal I�ws�nd kwa of the ju�iadlctlon wh�re th�Propaty ia louted that rel�te to �°_
<br /> hNRh,sat�ty or�nvkonm�nUl protectlon. ��-
<br /> NON•UNIFORM COVENANTS.8orrower md Lender furlhe►coven�nt and ayree�s folbwa: f`�„
<br /> 21. Acc�l�ration; RemadlQ�. I.o�dor shall ytvo nottca to Borrowor prlor to �acdar�tton �
<br /> �. followinp Borrowor'� broach of �ny covona�t or s��ra�mont tn thts Socurlty Instrum�nt (but not
<br /> � prior to accoloratlon undar parapraph 17 u�less appllc�ble Ipw provld�s othanerls�). Th� nottc� '
<br /> sh�ll spacify: (a) th� dafault; (b) tho action r�qulrad to curo tho default; (c) a datv. not lass than f
<br /> 30 d�ys from ths dat�the �otico Is givon to 8orrow�►, by whfch th� d�fautt must be cur�d; and .
<br /> (d) that fallure tn cun tha dofault on or boforo tha ddo spoctflod tn th� nottc� msy nsult ln �
<br /> accaloration of tho aums �ecurpd by thf� Saaurity Instrumont and sato of tho Proporty.Tho notico
<br /> shall furthar Inform Borrowor of tha right to rain�tate aitor aacol�ratlon and tho riqht to brinq a �
<br /> cou�t actlon to asso�t tho non-oxistanco of a dohutt or any otho� d�fonse W Borrowar to F
<br /> �ccetar�tion and aalo. If tho dofault ts not curad on or baforo tho dat� spoctflod in th� notico� .
<br /> Lend�r at it� optlon may roqutro immadlata paymQnt ln full of all sums s�curod by thl� SQCUrity t�
<br /> Instrumont wtthout fu�thor doma�d and may invoko tha powor of aalo and any othar �amadios ,
<br /> pormtttvd by �ppUc�bl� law. L�nd�r shatl bo o�titlod to colloct atl oxpansos tncurnd In punutnq
<br /> tha ramodios provldod in this parayraph 21, Includinp. but not limitod to, ra��onabl� attornoys'
<br /> tee�and costs of titlo ovldonco.
<br /> . If tho power of �alo 1� invoked. Trusteo shall rocord A notico of dofault in oach county in
<br /> • which any part of tho Proparty is tocated and shall m�lt copias oi cuah �otico in tho mannor
<br /> � pro�aribod by applicablo law to Borrow�r and to tho othor porsons prescrlbed by applicablo law.
<br /> ' Aftor tho ttmo roqulrad by applicable law, Trustoe shall pivo public notice of sale to tho peraons
<br /> • �nd In tho mpnnar pr�:cribod by applicablo taw. Trustea, without domand on Borrowor� shall �otl
<br /> tha Proporty at pubtic auction to tho highast btddor at th� timo and placa and undor tho torm�
<br /> • do�ignatod in tho �otico of salo in ono or morQ parcols and In any ordor Trusteo dotorminos.
<br /> Trustvo may po�tpono sala of all or any parcol of tho P�oporty by public announcomont at the
<br /> tlma and placo of any pravlou�ly schadulod salo. Londor or ita dasi�noo may purch��� tho
<br /> Prop�rty at any sal�.
<br /> r Upon racoipt of p�ymont of tha prico btd, T�ustoo shall dol(vor to tho purchasor Trustao's
<br /> I_ d��i ennv�viney thn Prnno�fv_ Thn rocltala In tho Trutto�'s dood shall bo urfma facio avidonco ef
<br /> � � � th� truth of tho �tatQmQnt��made thoroi�. Trust�o shall �pp{y 4h� p�ocoads of tho salv in tho
<br /> i followlnp ordor: (a) to all costs and oxponso� of oxorclstn� tho powor of aala� and tha sato,
<br /> � ; includinp th� paym�nt of th� Trust�o's fa�s actuslly inaur��d. not to oxcoad threo
<br /> � !K of th� p�lnclpal amount of th�
<br /> '" nota at tho timo of tho doclaratfon of dofautt, and ro�aonabta attorn4y's fa�a aa p�rmittod by law;
<br /> ti ' (b) to ali sums sacurad by thts Socurity Instrumont; �nd (c► any oxcass to th� porcon or persons
<br /> ' ' I�yally �ntltt�d to tt. �
<br /> - P1316.LM0(12f93) Paqr�nf�
<br /> , nu705 lM
<br /> i I
<br /> 1 — --------- ---�—-- - - -
<br />
|