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<br />15. Governing Law; Severability, This Security Inscrunienc shall be governed by tecJcral law will the law o;' !r c.
<br />jurisdiction in which the Property is located, In the event that any provision or clause of this Security I11StrIAM. -.::2t or uLC �• ct;
<br />conflicts with applicable law, such conflict shall not affect other provisions of dais Security IrLstrunie'at or the Notc which eau hr
<br />given effect without the eontlicsting provision. To this crLa the provisiolis of Buis Security 111atrunient and rite Note •ire clecLirc d to
<br />he severable
<br />16. Borrower's Copy. Borrower shall be swell one uonformccl wpy of the Note and of this Security LnsulLictc_ur.
<br />17. Transfer of the Property or a Beneficial Interest in Borrower. If all or arty past of the property "A' a.e:,v ,nteri :st ,L,
<br />is sold or transferred. (or if a beneficial interest in Borrower is sold or transferred au d Borrower is not a m,turtl p: rs, 1 t.) ,;✓it acs i
<br />LeAiders ,prior written consent, Lender may, at its option, require isrunLdiate payment in full o1: all slims securr_ci N•," this S,x erit�
<br />Instlunl.ent. However, Ellis option shall not be exercised by Lender if exercise is prohibited by foal r:d l.aw u A rl;c: :13 e Ot r'p,
<br />Security Irr�miment.
<br />If Lender exercisers this option, Louder shall give Borrower notice of acceleration Tt),t wjtic,. :.,hall p•i-c;vt.h ::l prri,.,,j o it ,
<br />less thew SO days from the date the notice is &livered or mailed within which Borrower must pay :111 sunlr t•t:ult:j 1,4' this iict: iii ,-
<br />Instrument. If Borrower fails t:o pay these sums prior to the expiration of this period, Lender may h vokc: any r_m,. : <lie ; prr.ni rte: 1
<br />by this Security Instrument without further notice or dern:uld (on Borrower,
<br />IS.. Borrower's Right. to Reinstate. If Borrower meets certain couditious, Borrower shall have tqc: right u:, lav,:
<br />enforcement of this Security ltlstrument discontinued at any time prior to the earlier of: (a) S day:; (or such other 1?erioc) a;
<br />applicable law may specify for minslatemeut) before sale of the Property pursuant to any power of sale contained iu tliis
<br />Ilistruirlent; or (bb) entry of it judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) ptiy, L -ender ail
<br />sUDX,; which then would be clue under this Security lristriurtent and the Note as if rip acceleration Iliad occurrt °.d, (bb) curers stay
<br />dctault of any other covenants or agreements. (c) pitys all exxpenses inctrred in enforcing this Sec::urit,, Ir,strturl( nit, irtc:ludi,as, l,ut
<br />not limited ro, reasonable attorneys' fees; and (d) takers such acuun as Lender rnay reasonably require to a-;SLtre that the lien .it this
<br />Security Lnstrurritnt, Leud_.r'r> rights in the Property acct Hirrower.'s obligation o) pay the suirls scoured by this Sc( ;unty Ins!'rur lei:d
<br />shall continue unt„ hanged. Upon reinstatement by f orrinvcr, this Security Instrument :iud the oblis,aticous sec:urr..d 1.c :reby rlLill
<br />rc inuain fully effective as if aio acceleration bad occurred, 1-lowevr_r, this right co reiustate &All neat ;apply ir+ this l aSe: of =.c:celr,;rx t
<br />under paragraph 17.
<br />19, Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Now (togcdi,:r -with tbi:;
<br />lnstrutnont ) may be sold one Or more times Without prior notice to Borrower. A sale stay resWr in a (.:flange in the entity 1m)\t'n
<br />as the "Loan Serviccr") that collects monthly palm ilEs due tinder the Note and this Security lastrurrrent. T'he:re al,io rnay be on: )r•
<br />inure uhangas of the Loan Servicer unrelated to a sale of the Note. If there is a change of the I -,oan Servicer, 3orro•tv,_x v ✓ill b,::
<br />given written noticc of the change in accordatiee with paragraph 14 above and applicable law. The ru)ti.ce will Bract: the name wad
<br />address of the new Loan Servicer and the address te.1 which paynkents should be made- Tlic ilotice will .,ISO coneam any ctln -r
<br />iriformation required by applicable law.
<br />20. Hazardous Substances. Borrower shall not :aw;c or permit the presence, use, disposal, storage• t)r release of itr✓
<br />Hazardous Substances ou or iu the Property. Borrower shall feat do, nor ;allow anyone else to do, anything afic(:tin }� tL'tc Pn,)p ity
<br />that is in violation of any Environmental Law. The preceding two scatvn,:es shall not apply to the presence, LLSe, or gora.t�c .ass rice
<br />Property of small quantities ty :- lazardous Subsrarlces that are generally recognizcd to be appropriate to normal re :;idcnaal uso-, 41-id
<br />to raa%uterluice of the Property.
<br />Borrower shrill promptly give Lender written notice of any investigation, claim, demand, lawStlit or other acLli+11 by any
<br />goveriunerual or regulatory ages y or private party involving the Property and any Hazardous Substance or E3nviron.LUI:J_ltal Law :,t
<br />which Borrower has actual knowledge. If Borrower learns, or is notified by any governmental or regulatory atabcrity, that ari,
<br />removal or other retnediation of any 1-fazardous Substance affeIQtirib the Property is necessary, Borrower s11411 .lrri,inptl;y t�llce ill•
<br />nnccasary' remedial actions in ac;;ordance with Favironrnental Law.
<br />As used in this paragraph 20, "Hazardous Substances" are those Substances defined as toxic or hazardous srnbs,,.anLcs t,i
<br />Environmemal Law and the following substuices: gasoline, kerosetre, other flammable or toxic. petroleurn product: >, ;a.,xlc pectic d
<br />artd herbicides, volatile solvents, materials containing ashebtos or formaldehyde, and radioAL:uve materials. As u�;ed i.i tt;i,.
<br />paragraph 20, "Ptivironmental :Law" rricAus federal laws and laws of We jurisdiction where the Property is tocatecl- :Jii.t reiatc to
<br />health, sa:tet_v or environmental protection.
<br />N0�-1 UNIFORM COVENANT'S. Borrower and Leiidcs further covenant and agree as follows:
<br />21. Acceleration; Remedies. Lender Shall give notice to Borrower prior to acceleration following Borrower's Ibreatjii
<br />of any covenant or agreement in this Security Instrument (but riot prior to acceleration under paragraph 17 ura_less appli.ct,ble
<br />law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, nol.
<br />less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d) that failurl! t«>
<br />cure the default on or before the date specified in the notice may result in acceleration of the sums secure by this Sexw•it,�
<br />Instrument, foreclosure by judicial proceeding and sale of the Property. The notice shall further' inform Ttorrow,w of th
<br />right to reinstate after acceleration and the right to bring at cotu-t action to assert the non - existence of a default or any other
<br />er
<br />defense of Borrower to acceleration and sale. 1f• the default is not cured on or before the date .specified in the notice, Lendlca
<br />at its option may require immediate payment in full of all sums secured by this Security instrument without further demand
<br />and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entillecl to collect all
<br />expenses incurred in pursuing the remedies provided in this paragraph 21, including, but not limited to, reasotnab e
<br />attorneys' fees and costs of title, evidence.
<br />if the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of :re
<br />Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrowtr and to :he
<br />other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public isolate 1:'Y
<br />sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shat) sell hit
<br />Proptu•ty at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale ire
<br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Propert
<br />Public announcement b)
<br />ent at the time and place of any previously scheduled sale. Lender or it di '
<br />Property at any sale, s esgnee may purchase ht:
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trust:ee's deed c,anr [r ✓in}; r he
<br />Property. The recitals in the Trustee's deed shall be prima facie e:vidence of the truth of the statements made there h
<br />Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of the exercising the power of
<br />sale, and the sale, including the payment of the Trustee's fees actually incurred, not to exceed
<br />the principal amount of the note at the time of the declaration of default, and reasonable Trustee's and attorneys Bests ;ts
<br />Perinitted by law; (b) to all sums secured by this Security Instrument; and (c) any excess ba the person or- pr:rsow; I, ::ga ll.+
<br />entitled to it.
<br />A +EliR/1Sii' a -.S rtglr Family l cu.nir Mae:Freddir Mac UNII•'uttna INS'.TR21A1FfYT
<br />90 /C10 3E)Vd 00 3-1111 I1V
<br />twurm 3!i 28 7190 !P+ a'+ :
<br />0b£8�3C.8CEE: ;E :t, T 0 0 .' ;'t'1/ (t
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