- �.—-71�'�r---• � +d, a • _ _ .
<br /> � �✓:.� �� � _ __. � r":,_
<br /> },.i . ��
<br /> , -,� � -- -
<br /> ��
<br /> ,a�
<br /> ��T`�`.— -� .•°"'� �• � 1T. Tr�n�f�r af th� Prop�rty or • MnNMid Irrt���tt In dorrow�r. n�r a�y put a th�Prc�p«ty a
<br /> .• • any k►tkNt b R fa �otd or uansf�rnd(a M�bmMciN Int�ntt h BorrowK ts sotd or V�mf�rrW and BortowK Is not�natunil
<br /> — pwton) wMhnut L�ndrr's�rlor wrqt�n conant, L�nd�r m�y,at qs optton,r�quk�knmYdl�U paym�nt k►tull of all wms auu�d by
<br /> thb �curNy Indrumml. How�vK.thM opUon sh�ll nat W�x�rokd by L�ndw N�roM�M prohibN�d by I�u Mw a of th� �
<br /> --- d11b of thh Sroutity N1�trun'Ant. �
<br /> M L� a�raf�1hM�optlon, Und�r �haN ahr�Qarow�r no11w of�ccN�Uon. Th�nmic� �h�ll provid�a p�rlod of not '
<br /> Nsf ihan a0 tt�ys kom th� dUb ih� notlr,�1� d�MvKrd or m�INd wMhin whkh 8orrow�r mu�t p�y �M wmi ��and by tht�
<br /> - S�rky In�trumrnt. H Bortow�r faNs to pay thes�wmt prior to th� apkation of thk pwlo�d,L�nd�►►nay Invak� �ny nrt��n ��
<br /> " � � pwmkt�d by thb 3�cutfty In�trum�►t wMhout furthw noUa w d�nrn� on Bortov+�►. Q
<br /> - 18. Bprrow�r's Rlpht to R�Inst�t�. it Barow�r mNts crt�b conditlon., eorrow�r �haM hiw th• ripht to h�v� }�i
<br /> Z. =y.-y,,_ ., �ntorc�mmt of this 8�airity Inatrum�nt discontfnwd �t�ny iMn�prlor to tht wrM�r ot: (�)5 days (or wch oth�r p�rlod�s "�f'�
<br /> appllabt�Mw tn�y sp�cily fa rslnst�t«n�nq b�lon salo ol tha Propwty purcuant lo any power o! sale contained in this Securlty s,� F---
<br /> InsUum�nl;or (b) «+try of�Judpmmt�nfordr►p thls S�curity Instrument.Thoa condlUons�r�th�t Bortowu: (a)payt l�ndar aN �
<br /> -�„r..�- .. _t�� suma whkh thm wauld be dut under this S�curity InsWm�nt�nd th�Not��s H no accNK�Uon had oaurt�d; (b) cur�a my
<br /> ,�-,;,,,.�"- dN�ult of any oth�r covenant or aprNmmts: (c) paya aA expena�s incuR�d in �ntorcinp this Secudry Inftrummt, Includinp, but
<br /> °i�j;�t nol Iknit�d to, �wson�bl�attom�ys'(NS: md(dj Uk�s wch action as L�nd�r m�y rwson�by rpuk�to asun tF►�t th�N�r►of
<br /> ..:- •
<br /> 'y !�`r----=%�,� thls Secudly Imtrum�nt. Undx'a riyhts !n tht Propsrty�nd 9ortowsr's obNy�tlon to pay th� wms saur�d by this 8�curity
<br /> .r.�.�r'�-.?:..,.:;�..<:
<br /> --"�.�usa;.L4.0 Instrument sh�A conllnw unch�nqad. Upon reinstatsment by Barowsr, thie 3ecurity inatrument �nd ih� oblipatbns s�cur�d
<br /> --"i� '-��•"��• • � hereby sludl rertuin lully effectiv��s 8 no accN�raGon tud oceumd. Howwa,this dpht to ��InslatQ shall not appty in th�ca=� - �-
<br /> T, �.. � .� n. .=��
<br /> ��,�„_,�,;.u:,,;l;,;:,;�t of accMantion under p�rapnph 17.
<br /> : :" • .•� 19. Salo of Nota; Chanpa of Loan Sarvicor. The Note or a a p�Akl inler��t In the Not� (top�lher wlth thla
<br /> .,,�.,._,_...._, ..
<br /> _ - ��5.� � ;� ;;`�. �1 S�cudly in�lrument) may be sold one or moro itmas without pdor notice to Bortow�r.A stle m�y re�utt In a chanqe in ths�ntRy _
<br /> (known as the 'Loan Servlcx")th�t coilects moathy pAyments due undx tha Note and this Sacurity irntrument. ThKe aiso m�y
<br /> �'�,��%�°' - bs one or mon ch�nQas of the Loan 3ervicer unretated to • al� of ths Not�. Ii there Is a ehanqs ot tht Loan 3ervb�r.
<br /> � � � Bortower wiU be yivon writt�n notice of the chan9e fn accordance with F•annnph 14 rbove and �ppUc�bb law. Th�noUc�wW
<br /> �^ stete/he name md address of the new Loaa Servlcer and the address to whwi+payme��:s shouic be radt. .he notice wiM�leo
<br /> t • contain any othK intortnatbn required by appllcabit taw. —�
<br /> •• 20. Hazardoua Substaneas. Bortower�haU not uust or pxmit the pre�mc�, ua�, dispot�l,stonye, or r�INS�oi __
<br /> � � any Hazudous Substancea on or In the Property. Bortower ah�Y not do, nor allow�nyanQ else to do,anythinq alfecllnp the
<br /> , Property that is in vlolatlon ot�ny Environmentat LRw. The precxlinp two sentencea shall not apply to the pr�senee, use, a
<br /> etowya on the Properly of small quanlHiea of Hazardout Subst�nces ihat ar� penerally recopnized to bo appropriat�to nwmul
<br /> roaldential uses and to malnten�nce o(the Propeiiy. __
<br /> Bortower shail promptly yive Lender written notice ot any Investlpatlon, clatm, demand, Iawsuit or other action by any —
<br /> � qovemmental w requlatory agency or p�ivate party involviny the Property and any Haz�rdous Substonce or Envkonment��Law of
<br /> which Bortower has actud knowiedqe. It Borrower leams, or Is notilled by any qovernmenul or requtatory autharlty, that any
<br /> removal a other remediation of eny Haiardous Subatmce �Nectlnq Property Is necess�ry. BoROw�r thall promptly t�ke dl
<br /> neeeasary remedia�actlons in accordance with Envkonmentat Law.
<br /> •. --- ---" --- As used �n thia paragraph 2G. 'Hoxardous SuLaiancrs" ara thasa substances defined e�1^rJc or heze►dro��nubstancsa by
<br /> Environmentai Law end the following substances: gasoline, kerosene. other ilammabie or toxic petroteum products, toxic
<br /> pesdcldes and herbicides,vo�stlle solvents, materiais conteining asbestos or formafdehyde.and radioactive materlals. As used i� �_
<br /> paragraph 20, 'Environmentet Law' means tederal laws ond laws ot the Jurisdictlon where the Property ia located that retete to
<br /> � J health, satety or envkonmentai protectlon.
<br /> .S , , —:
<br /> �, NON•UNIFORM COVENANTS. 8orrower end Lender iurther covenant and agree as follows: __
<br /> � 21. Accoloration; Romodles. Lvnder shall yivo notice to Borrowar prior to accQlaratio�
<br /> �:.-
<br /> fotlowinp Borrowor'a brQach of any covenant or agrevmont in this Securtty Instrumv�t (but not �_,`
<br /> �'� prior to accatoratton undor para�raph 17 uniess applicable law provides otherwise). The notico o�;•
<br /> � ,, ghail spe�ify: (a) tha defauft; (b) tho aciion required to cure the defauit; (c) a dato, not los� than !� "
<br /> 30 dayc from the date thv notfce Is given to Borrower. by which the dQfault muat ba curad; and ""-
<br /> (d) that failure to cure the default on or before the date specffied in the notice may result in �--
<br /> � accetoration of tho sums secured by this Security Instrumont and aaie of the P�oporty. Tho notico ��..
<br /> sheli furthor fnfarm Borrawo� of the right to reinetate afte� accoloration and tho rlght to briny a �
<br /> � � cou�t action to assert the non-existence af a defautt or any other defense of 8orrower to �
<br /> acceloration and salo. If !he defautt is not curod on or beforo the data spociftad in tho notico.
<br /> . Lander at its optlon may raquire immediate payment in full of ail sums secured by thls Socurtty � _
<br /> I�strument without further demand and may invoke the power of sale and any otho� ramodios .
<br /> ipormittad by applicablo law. Londer shail be antttled to coltQCt atl axpenses incur�od in pur�uing
<br /> I the remedles p�ovidQd in this paragraph 21. inctuding, but not limtted to, roasonablQ attornoys' i
<br /> � feo� and costs of titte evfdance.
<br /> If tho power of sata is invoked, Trustee ahail record a nottco of default in oach county in
<br /> x' ! which any pa�t of the Property is tocated and shall mall copies of such nottco in the manne� .
<br /> ` � prescribed by applicable law to Borrowe� and to the other persons prescribed by applicable law.
<br /> � t Aftvr the time required by applicabie law, Trusteo shall give pubtic notice of sale to tho porsons
<br /> *� and in the ma�ner prescribed by appiicabte �aw. TrusteQ, without demand on Borrowor� shall sell
<br /> ; tho Propecty at pubtic auction to th� htghest bidder at tho tfine and ptace and undar the terms
<br /> ' designated in the notice of sale in one or more parcels and in any ordor Trustee determines.
<br /> � Trustao may poatpone sale of ail or any parcet of the Prope�ty by public announcQment at the
<br /> time and place of any previousiy scheduled sale. LQndor or its dosigneo m�y purchaso tho
<br /> , Prope�ty at any sale.
<br /> ' Upon receipt of payment of thQ prtce bid, Trustea shall delive� to the purchasQ� Trustee's
<br /> , dQOd convaying tho PropQrty. The recitats in thQ Tructeo'a doed shati bo prtma faciQ avidonco of
<br /> ;. � tho truth of tho statomentQ made thoroin. Trustee shalt appty tho proceode of tho salo in thQ
<br /> r_� _u ��� ...1 ..i avarni�inn }ho nAws�r A} c�te. and the SB�Q.
<br /> ,_-_ .. � -'�-- _ .-_.- .� TOIIOWIfI(J VfNYf. \Yj iv an �.va�o o.��. vXp.°.::.°..°.$ ... �..�.�.�...a ."_ �'""" ' �������������
<br /> � includin th@ payment of the Trustee's fees actuatly incurred_not to oxceod
<br /> . ,. � Ten �1�1—""_'—_'—_--� --9'0 of the principal amount of thQ
<br /> • t� i note at the tima of the declaratian of default, and �easonable attorney's feas as permitted by law;
<br /> � � (b) to all sums socured by this Security Inst�umant: and (c) any excess to the pe�son or persons
<br /> ; `• IQ�ally entitted to it.
<br /> ; � i
<br /> ' ' I
<br /> � F1S16.1M0(1p/93) P�p�•1 ot 5
<br /> S•
<br /> . . . �
<br /> i�MrxK�.��� t
<br /> 1
<br /> . ,
<br /> - ,� - --
<br />
|