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<br /> � a�-y • 16. Borrower'�Copy.� Bormwer shill be�iven ono canformed wpy of the Note and of thIe Security Inatrument. �
<br /> � - ' y� 17. Tr�a�fer ot the Proport or �Denetici�! latere�t in Horrnwer. It ill or any p�rt of the Property or any
<br /> �;�;;..;$� inteceet in it ie sold or tnnefenrod�ar tt i ber►eticid inuroat in Hnrrower is ec�ld or tr�naferrod and Aorrower is not a
<br /> �"!rx°`" "� �'� n�tur�l perecm)Nithout Lender'e or wdtten wneent,I.ender m+�y.a its option,roquiro immedi�u payment in full ot
<br /> ,!ymA=����-�•�••-•�+? all aume eocurod by thi�Seourlty Irotrutnent.However, this option shall not be oxercised by L�►d�r it oYnrciae ie
<br /> prohi bited by fodent law�s ot tho dato ot thie Secuclty Inatrument,
<br /> �r ° It Lander e�ercieoe this option.Lender sh�ll�ive Borrower notice of scceleration.The notico eh+�ll pmvide a period
<br /> ' ot n�tle�than 30 deyA fmm tha date the notice ie ddiv�red�r mailed withln which I�rrawer muat Fxy all aums securod �.___.-___,_
<br /> ' by thieSecurity Inetrument.li Borrower tttls ta pay these suma prior to the ex�iration of thia period,l.ender may invnkc
<br /> � i7. ��� � � any remedies permittedby thieSecucity Instrumentwithout further notice ordemand on Borrower.
<br /> • lA. Borrower's Riaht to Rein�tate. If Borrower meete certain conditions.Borrower shall have the right to havc : ,,
<br /> • enforcement af this Securit�Instrument diecontinued at any time priar to the arlier of:(a)S days(or auch other period _
<br /> - ' ea ap�tcable law may specify ior reinstatement)betore eale ot the Property purauant to enypower ot s.nle contained in _
<br /> thia Secudty Instrument•or (b) entry oI a 1ud�ment enforctn�thie 5xudty Instrument.Those conditions are that �-.,_:---y�
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<br /> -___ _ &�rrower. (a) paYa Lander all sume which then would be due under this Security Inatrument and the Note as if no
<br /> ''' �ccoleration h�d c�ccurred;(b)curea any default of any other covenanta or a�rcementa; (c) pays aQ expenaes incurred in �-`-`�
<br /> �`�3'' eniorcing this Socurity Instrument,including,but not limited to,reasonable attarneys feas;and(d)takesauch action as —,;�__,:_
<br /> •--•�F� Lender m�y reasonably require to assure thst the lien of this Security Instrument,I,ender's rights in th�Property and � ,��xs .__
<br /> '�t ���- � Bonower's obli�ation to pay the sums securod by thie Security]nstrument shcl l continue unchanged.Upon reinstatement , .
<br /> � by Borrower.th�s Security Instrumentand the obligations secured hereby shall remein fully effective as�t no acceleratian I -
<br /> ' hrd occurced.However,this right to reinsteteshall not spply in the case of acceleration under paragraph 1'7. W,.a..-r.�..-.
<br /> , l9.Sile oi Note; Chan�e o!Lwn Servicer.The Nou or a partial interest in the Note(topether w ith this Security � _
<br /> Instrument)ma}+be sold one or more times without prior notice to Borrower.A sele may result in a change in the entity ��„—„Y,
<br /> (known»s the"Losn Servicer")that wllxte monthly Exyments due under the Note and this Security Instrument.There __.—_ _,
<br /> also m4y be one or more changes of the Loan Servic�r unnleted to a sale of the Note.If there is a change of the Loan T;.
<br /> � Serviar. Borrower wlll be given written notice of the changc in accordance with paragraph 14 above and rpplicable law. �^�� � '�
<br /> The notice will state the name and address of the new Loan Servicer and the oddress to which peymenta should be made. �
<br /> The notice will slso contein any other information required by applicabl�law. �r' —
<br /> 20. H�zard�us Substances.Borrower shall not cause orpermit the presence.use,diaposal,storage,or release of � �� x
<br /> any Htaardous Substances on or in the Property. Borrower ehall not do,nor allow anyone else to do,anything aftecting .,r- -•
<br /> the Property that is in violation ot any Env�ronmentel L,aw.The preceding two sentencea shall not apply to the presence, �`-�-��•
<br /> use. or storage on the Property of smell quantitias ot Hazardous Subetances that are generally recognized to be
<br /> �ppropriate to normal residential uses and to meinunance of the Property., .x.,,__
<br /> Borrower shall promptly give Lender written notice of any invest�gation,claim,demand,lawsuit or other action by ��'
<br /> any governmentat ar regulatory egency or privau party involving the Property and an� Hazardous Suhstance or �`.�`� T�
<br /> .• Environmental Law of which Borcower h�s actual knowledge.If Horrower learns.or is notified by any governmentel or ` �`�'
<br /> regulatory authority, that any removal or other romediat�on of any Hazerdous Substance afiecting the Property is u.:;
<br /> necess�ry,Borrower shall promptl�take all necessary remedial actions in acwrdance with Environmental Law. ��� � ' �_
<br /> _ Aa i�.ad in thia�irn�raph 2Q, Hazrardous Substances"are those subetances detined as toxic or hazerdous substances ;,-,�I.,,, _
<br /> by Environmental I,aw and the folloaingsubsunces:gasoline,kerosene,other flammable or toxic petroleum products, a,��= .
<br /> � toxic pesticides and herbicides, volatile solvents, materisls contaimng asbestos or formaldehyde, and radioactive ,3#���.�.
<br /> matenals.As usad in this patagraph 20, 'Environmental L,aw"means federal laws and laws ot the jurisdiction where the �`-`,��:•��-°^
<br /> Property is located that relate to health,safety or environmental protection. -"�
<br /> . NON-UNIFORM COVBNAIv"TS.Horrower and Lender further covenant and agree as follows: • �•W•
<br /> 2l. Accelerstioa; Remedies. Lender shall give notice to Borrower prior to acceleration tollowiag �� `•.
<br /> T � Borrower s breach of sny covenant or a�reement in this Securlty Instrument(but not prior to acceleration �L
<br /> under para�rsp617 unless sppltcable law provides otherwise�.Th�notice shsll specity:(a)t6e default;(b)the �V�
<br /> �' action required to cutc the default: (c) a date, not less than 30 days irom the date the notice is �iven to ; =
<br /> � . Borrower,by w6ich the default must be cured;and(d)that failure to cure th�default on or betore the date � -
<br /> � specified in the notice may result in acceleration of the suma secured by this Security Instrument and sale of ; _r
<br /> � � the Property.The»otice shall further inform Borrower oi the right to reinstat� sit�r acceler�tion and the t �-
<br /> ri�ht to brinY s court action to sssert the non-eYistance of s default or �ny other detense ot Borrower to � '-�
<br /> acceleration and sale. If tha default is not cured on or before the datc specified in the notice. Lender, st its
<br /> option. m�y requlre immediate pa meat in full of all sums secured by this Security Instrument without _
<br /> furiber demand and may invoke t�� n�w�r �r ��le and any other remedies permitted b}' applicable law. ,
<br /> Lender s6�11 be entltled to collect sl l eYpenses incurred ia pursuing the remedies provided in tbis para�raph .
<br /> 11.iacl udin�,but not limited to.reasonable sttocney s'fees and costs of title evidence.
<br /> It the power ot sale is invoked,Trustee shsll record a notice of detault in e�ch county in wh ich an 3�part of
<br /> the Property is tocated and shall mail copies of such notice in the manner prescribed by�pplicabl�Isw !o
<br /> Borrower�nd to the other persons prescr�bed by applicable Isw. Aftcr the time required by applicsble Iaw,
<br /> ' . Trustee sha11 Yive public notice of sale to thepe rsons and in the manner prescribed by apQlic�blelaK.Trusie�,
<br /> without demand on Borrower,shall seil the Pro�erty at publicauction to the highest b�dder at the time and
<br /> place�nd under t6e terms designated in the notice ot sale in one or more parcels�nd in any order'1'rustec
<br /> � determines. Trustee may postpone sale of sll or any psrcel of the Property b�• public announceme�t at the
<br /> time�nd place of an�� pre��iously sch�dul�d sile. Lcnder or its desifnee ma�� purchase the Propert�• at sny�
<br /> , sale.
<br /> ' Fe�n 30Y� 9/90
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