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<br /> '� " 8ortower deslgnates by noqae to Lender. My notice to Lende►aha8 bo yben by tlrat cl��e mall to Lender'a addra9s otated hmeln or any E-�:-"-�-`="-=°=�_
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<br /> , ��r. , , olhnr addrese Lendar deatpnates by�oUce to Borrower. My noUae provided tor la th►a Seaudty Innt►ument eh�tll 6e deemed to h�ve been � F
<br />_ ��E .� � ; gNen to Bortower or Lender when pNan aa provWed tn thia ptrapraph. _' - -
<br /> ,�.• � : 18. Gov�rnlnp 4w;B�Y�rabll(ty. Thia 8ecudry Inetrument ehalt be govemed by tederal Iew and the�w of the�urtrdlatlon U _
<br />- "- '" whtalt the Properiy la looated. In tho avrnd that amt provtalon or elnuse o1 thla 8eeurtty tnetrument or the Nots oontllete wlth appllabN ��_... _�__-
<br /> ' � In�v,suah eon�lot shall not Mleet othsr prodetone ot this 3eeurity inawment or thb Note whioh ean be gNen etfeot wRhout the conAloting �:,:,�.�y-.^
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<br /> . • provision. To thie end the provialona of thia Secudty Instrument and the Note ue deatued to be eeverable. �
<br /> � ' ., ' 18. Bor�Owsr's COpy. 8orrower ehal!be gNen one contamed copy of the Note nnd ot thle 8eoudty Inetrumenl. �„--._-
<br /> � � .� 17. Tn+nater of the P►aperty or a 8eneflol�i Intenat In Borrower. tt au or any parc ot the Proparty or any intereat
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<br /> in ft is soid or transteRed{or B a benaficte�Intereat tn Borrovier la sdd or trensfarred and Boaower le not s natuml pareon)without Lend• "�� v
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<br /> ' � er's pdor w�tten consent, Lender may,at ite optbn, require Immed!ffie payment In luli of alt suma eecured by this 8ecudty Inetrumee4 ;: ,�••�,:�_
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<br /> However,ehls opdon shail not ba exerctsed by Lender B exerdae is prohibited by tede�at taw as ot the date of thia Seaudty Inatrument. ;•,•.:;�.._� __
<br /> . It Lender exercises this opUon,Lender ahall gNe Borrower noUca ot ccce�eraUon. The noUce ehan provide e padod ot not�esd than SO �}.;�•i_;�:
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<br /> .� � days from the dete tha noUce Is delhrerad or meiied withln whioh Borrower muat pay ail sums sewred by thie Sewrity Inetrument. It .;_-___.
<br /> Borrower ta6s to pay theae sums prlor to the e�iraUon ot this peNod Lender may Invoke any remediea pertnftted by this 8eeudly Instru• �r��':�,,,.,.`____
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<br /> ment wfthaut turther notiae or demend on BoROwer. .'
<br /> 18. Borrower's Right to iioinstate. If BoROwer meets certatn aondiUons,Borrower sheY heve the dght to have entorcement �, �' ��--
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<br /> ' ° � ot this Secudty Inatrument discontinued at any Ume prior to the earller of:(a)S days(or suah other pedod as appYcab�a law may apeciy ����;:���:___-
<br /> tor reinstatement)before saie ot the Propedy purauant to eny power ot saie contalned In thia 3ecutity InsWment;or(b)entry of a Judgment _�...;:?�; _
<br /> " � anturcfug this Securlty Instrurs�cnt. Tl�ose condiqons are that Borrower (ej paya Lender all sums which then woutd be due under thts = �.=_ __
<br /> Security Instrument and the Note es M no acae�eration had occumad;(b)cures any defauft at any other eovenanta or agreementa; (o)peya ail ,��.�
<br /> expensea incurred in eniorcing thia Secudry Instrument,inciuding,but not Ymfted to,reasonable attomeys'teea;and (�takes auoh aodon +,'�'� -
<br /> " as Lender may reaeonabty require b assure that the Ilen of this Securiry Instrument,Lenders�ighta tn the PropeKy and Borrower's obiipa- t�, -;
<br /> Uon to pey the sums secured by ihls 8ecurfly Instrument sheN contMue unehanged, URon reinstetement by Borrower,this 3ecurity �
<br /> Inatrument and the obllgatNns sea,red hereby shail remain tuly eNecdve as if no acaeieradon had occur►ad. However,this dght to ratnatate , , .. r`
<br /> shaN not apply in the ease of acceieretion under paragrePh 17. '
<br /> 19. 8ate of Noto; Change of Loan Servicer. The Note or a partint Interest in the Note (together wfth thia 3ecurity ., ��
<br /> InsUUment)may bd sold one or more times without pdor notice to BoROwer. A se�e may resutt In a ohange in the entity(known as the . . ,:-
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<br /> � •Loan 3ervicer"�that colleata monthly payments due under the Note and this Secudty Instrument. There aiso may be one or more ehanges of � . .,
<br /> ,: ihe Loan:ervic�norclated!o e sale of tl+e Note It there Is a ohanpe of the Loan Serviaer, Bortower w�be given written noUce ot the ohange
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<br /> in eccordance with paragraph 14 above end appllcabte Iaw, The nodce wNl state the oame and addreas of the new Loan 3ervicer and tha .
<br /> address to which payments shouid be made. The notiae w81 aiso contaln any other InlormaUon required by eppllcable law.
<br /> 20. HezerdOUS 8ubstenCeB. BoROwer shall not cause or permit the presence,uae,dleposal,atorage,o�reiease of any Hazardous „ „
<br /> substances on or In the RopeAy. BoROwer shalt not do,nor allow anyone else to do,anylhing aHecdng the Property that is in violadon of .
<br /> � i any Envkanmental Law. The preceding two aentences ahall not appy to the presence,use,or storage on the Property of small quantkies ot v_
<br /> � Hezardous sub8tances that are generetry recognhed to be appropriela lV OO�tAAi f8biuc�iiioi uSu�d�.''.:� 7:!.^.:•^.""•"=�^!!hp���p� - -=-_-__— —
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<br /> � Bonower ehall promptly gNe lender written notice ot any Investigation,cialm, demand,tewsuft or otha acUon by any govemmentai or ;:��..v�
<br /> reguiatory agency or prlvate party Nvohring the Property and any Hezardous 3ubstance or Environmentat law af whioh Bortower has aowel =
<br /> • � knowledge. If BoROwer leame,or Is notitled by any govemmentai or regutatory authorfly,that any removal or other remediation of any Hezardou� ___
<br /> Subatance aNecting the Properry i�necessary. BoROwer shall prompty take ail necessery remedial acliona in accordance wfth Envlronmentel Law. :�.,�va
<br /> - Aa used In this paragraph 20.'Hazerdrws Substancea'are those aubatances deflned as toxic or hezardous substancea by Environmental _��;�.
<br /> Law and the tollowing substencee:gasolMe, kerosene,other tiammeble or toxlo petroieum products, toxio peaUcides and herbicides,votatile '��''.'��
<br /> soNents, mate�lais conteining esbestos or fortneldehyde, and radioacllve materiais. As used In thls parageph 20.'Environmental Law" ;T��__
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<br /> means federat lawa and iews of the Jurisdkllon where the Property la loceted that relate to health,selety or environmentat protection. • ;,:.;.:'
<br /> � NQN•UNIFORM COVENANTS. Barower and Lender turther covenant and agree as foliows: ���. '
<br /> 21, Acceteration; Flernedies. Lender shati glve aottce to Borrower pNor to acceteration foitowing I � . . �---`Ar
<br /> Borrower's breach of any covenant o� agreement in this Security Instrument (but not prior to aaceleration ` • };;,'
<br /> under paragraph 17 unlesa appticable Iaw provtdes otherwise). The �otice shall specify: (a) the defautt; (b) I
<br /> the actlon requlred to cure the detault; (c)a date,not less than 30 days from the dete the notice ts given to I . .
<br /> Borrower� by whioh the detault must be cured; and (d) thet 4ailure to cure ttee default on or before the dete ,
<br /> specifted in the notice mey result in acceleration of the aums aecured by this Security inetrument and sate �
<br /> of the Property. The notice shalt further inform 8orrower of the �tght to reinstate atter acceieration and ;
<br /> the rlgM to bring a court actlon to assert the non-exlatence of a defauit or any other defense of Borrower
<br /> to acceleratlon and saie. if the default Is not cured on or before the date specified in the eotice� Lender
<br /> � at Ita optlon may requi�e immediate payment in tult of ali sums securec! by thla Security instrument without
<br /> • further demand and may invoke the power of sate and any other remedies permitted by applicabte
<br /> law. Lender shall be entitted to coltect all expenses Incurred in pursuing the remedies provided in this
<br /> . parag�aph 21, inciudtng,but not Umtted to, reasona�bte attorneys' fees end costs of title evidence.
<br /> � if the power of sale is tnvoked, Trustee shall record a notice of defeult in each county i� which any part
<br /> of the P�operty is located and shail meit coptes of such notice in the manner prescribed by applicable law
<br /> to Borrower and to the othe�persons prescribed by applicable law. Afte� the time required by applicable
<br /> � taw,Trustee shall give pubtic notice of sate to the persons and in the manner prescribed by applicable �aw.
<br /> ' Trustee, �nrithout domand on 8orrowe�, shalt set[ the Property at pubiic auctlon to the highest bidder at the
<br /> time and piace and under the terms designated In the notice of sale tn one or more parceis and In any orde�
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<br /> Trustee determines.T�uatee may postpone saie of alt or any pa�cei oi ine Properiy `vy N'uv��� a;..-.:.:::.�o.:.d...
<br /> at the time and piace of any previously scheduled sale. Lender or its designee may purchase the Property
<br /> � at any sate.
<br /> � � � Upon recetpt of payme�t of the price bid� Trustee ahall deliver to the purchaser Truatee's deed
<br /> � � ;` conveyin�the Property. 'The recitals in the T�ustee's deed ahail be prima fecie evidence of the truth
<br /> of the statements made theroin. Truste� aha�t appty the proceeda of the sale ia the following order:
<br /> (a) to alt coata and expenaes of exercising the power of sale, and the sate, including the peyme�t of the
<br /> Trustee's teos actually incur�ed� not to exaeed 3.0009'e of the p�incipal emount of the �ote at the time
<br /> ' of th0 decla�etlon of detautt. and reasonebie attorneys' fees ag permitted by lew: (b�to ail sums secured
<br /> by this Seeu�ity Instrumenl; and (e) any excess to the person or persons Iega��y entltted to It.
<br /> • J0283.hm(5H1) o�qc� oe s Form�028 8/90
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