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Tnnsf�r o! th� P�op�rlr or a B�n�f1oW intoroa! 1� Banow�r.ll dIl Of Ny �lit1 01 U19 PfOplll�l Oi — - <br /> _ � my Inlereat In it Is sofd or trsn�ertcd(ot If a bcnaRctal Mtetest In Borrower ta eotd or tnneferrcd and Bortawer la not a nttunl :�-;,,____,_,.___�___ <br />' . p , persan) wRhout Lender's pdor wdtZon consent, Lendor nwy,et It�optlon,requlre Immodtate peymont tn Nil of ali sums oecurod by � _ ,�_ __.__ <br /> .� . � thla 8ecu�ll�l IneUumont Hawaver.thts opUoa ehail not be exerdsed by lender If exerdae le prohibited by fedemi law ae of the �;�-- _ - <br /> d a t e o f t h i e 8 e c u r l l y I n e t r u m e n t. �����_ <br /> � It Lendet exerdaes thia apdon, Lenda aha0 gJve 8omowe�noUce cJ�ccelerabon. Th�noUee ahtH proride a patod of not `°-'�-=='` <br /> NS��-:;==--- <br /> � .`. ' .. las than 30 days trom ths d�ts the notice Is delNerod or miNed with:� whloh Borrower must pay RO wms �eaurod by thta ��.•�-�-�� -�--�_ <br /> 3" ` � ' SecutUy InaUumen�It Botrowa faila to psy theao euma prlor to Ute expft�tion of lbta �edod� L�ndK fr+ay Invok� �ny tem�dba `:;:y�:���.v-=�----- - - - <br /> . ,..�..:_._.. <br /> � ' pc.�mit2od by thlo 9ecu�ily lnetrement wRhout NAher notice or demand on Bonower. .: -•`'�''��- <br /> i � 18. Borrow�r'� RIpM to Rtlnstat�. If 8ortowa meete ceAatn condldone, Bnnawu ahtll h�ve the dpht to have •• : ��: '`�u;l <br /> . .. , .. . <br /> ,, .. ,� �� . .. t..(��rn.7�����--.. <br /> , .• enforoement ot thta Seaurfty leatruma►t dlswndnued at any tlme pdor to the earlla► o� (�) 6 daye(or euob other pedod as . ,:. , _•..,.�;..-:- <br /> - " ^ apPlloeble taw may speaity tor roinatatement)betoro aale of the Properly purouant to any power ot eale conttined tn lhia 8ecurity . .. "'�'�' <br /> . ' �•, � „ .. � �T�.�.... <br /> Inatrument; ar(b)enbY of a Judgmant enforoing thla 3ecuriry Instrument Thoae condtGona tro that 8orrowK: (�l pays Lendar all "�•_:'�. <br /> " • euma wh�h then would be due under this Secudty Instruument and the Note es N no aaaderaUon hed oacurted; (b)eures any °�� � . <br /> ' " detault of any other covenent or ngreements; (o) paya eli e�enses incurred In entoreing thla 8ecu�ily tnetrument, inctudinp, but . .. y = <br /> � not Umked to,reaso�a6le attomeys'tees; and(�takes suah aoUon es Lender may reason�bry requGe to�ssure that ibe Uen of � , � �- <br /> � " , '. ihfs Security Inatrument, LendePs dgfit� in the Prope�AAy and Borrower's ot�Agation to pay the euma eeatrad b� thia 9ecutriy �'. ��- <br /> F Y � <br /> � Instrument shall contlnue unahanged. Upon reinstatement by Barrower, this Security Inshurtrent and th�'b��r+uana na�red � ,- <br /> ,�i �� hereby shatt remain fulry effeoWe as B no acaetera�on had acuRed. However,thls�Ight to rek►stataahe0 not�pory h tho case � •.: � <br /> � o}accelereUon under paragraph 17. „ ^ <br /> " 19. Sate of Nate; Change of Loan Servicer.The Note ar a a parda� interest In tne Noce (topether with thla ,. . <br /> � 8ecurity �nstrument)may be sotd one or more thnes without prior noUce W Borrower.A sele may result In a ahange in the enUty • . -, - <br /> '' _ (known as the'Loan 8ervicer•)that colteots monthiy payments due under the Note and this Security Instrumeni. Tharo afao may � '~"` -' <br /> � be one or more ohanges of the Loan serv�oer unrelated to a sale of ihe Note. tt there ts a ohenge of the Loart 3ervicer, - �. - _S ` �'�` <br /> � � Bortower wlil be gNen written noUce ot the change tn accordanee with paragreph 14 above and eppYca6le Iaw. The noUce witl •� -. �T;; ,;y"." <br /> „ � state tha name and address ot the new Loen 3ervieer and the address to which payments shoutd be made. The noUce wpi aiso r_ <br /> contein any other hfortnatlon requhed by appiicabte Iaw. A '� >{•�`::. <br /> � 20. Hazardous Substanees. BoROwer ahali not cause w pertnft the presence,use. disposat,storage, or release of . ��f, - <br /> .' any Hazardous 3ubstanees on or in the Property. Borrower shaN not do, nor aliow a�yone eise to do,anything aHeoUng the � ..-�=;`� - <br /> � ' � Property that is in vidaUon of any Environmentel Law. The preceding two sentenaes shaN not appy to the presenee, use, or '� <br /> eto�age on the Property of smati quenUUes ot Hazardous 3ubstancea that are generaity reeogNzed to be nppropriate to nortnal � �� <br /> residential uses and to maintonanee of the Property. � <br /> � Bortower shall promptly gNe Lender wrttten noUce of any Investlgation, claim, demand, law�uk or other action by eny . „ ���;�' , <br /> govemmental or regutatory agency or pdvate party involving the Properfy and any Hezardous 3ubatanee or Environmentai Law of =-•.• <br /> � which BoROwer has aotuat knowleclge. if Borrower ieams, or is notified toy any gover�►+�ental or regcslatorY autharfty lhat snY =-_ _-- ••�..°'°— - <br /> remaval or other remediaUon of any Hezardous 3ubstance aHecdng Property is neceseary, Bortower ehati promptty take all � <br /> . %� <br /> necessary remediel aeNons in accordanee with Environmentat Law. <br /> As used in thls paregreph 20, 'Harsrdous Substances'are those substencea deflned as toxic or hatardous substanees by �� '�' <br /> Envlronmental lsw and the folbwing substances: gasoYne, kerosene, other flammrible or toxio petroleum produets, toxia l ' ,{ � y, � <br /> pestlddes and herbfddes,votaUle soNents,materfais containing asbestos or formaldehyde,and mdioective materlats. As used in � ^�; . <br /> paragraph 20, 'Environmentai Law' means federai lews and Iaws ot the Judsdledon where tha Property Is tocated that ralato to �q �; <br /> hoalth, satety or environmentai protectlon. I �f� <br /> NON•UNIFORM COVENANTS. Borrower and Lender furthet covenant an d agree as fo p ows: �'�� <br /> 21. Aaaeteratlon; iiemedtes. Lender shall give notice to Borrower prior to acceteration ' '" ' <br /> fotlowing Borrower's breach of any covenant or agreement in thia Security Inetrument (bu! not � I' <br /> prior to acceteratioe unde� paragraph 17 untess appilaabte taw provides otherwise). The notice ; ��.��� <br /> ' aNatl specity: (a) the default; (b) the action �equired to cure the detaulh, (c)a dete� not Iess than • ; <br /> 30 days irom the date the notice is given to Borrower, by which the default must be cured; and �' ', <br /> (d� that faiture to cure the defauit on or betore the date spectfled in the notice may �esuB tn � <br /> � acae6eration of ghe sums aecured by thts Secartty in;�rament and sale ot the Property. The notice , . <br /> shell further inform 8orrower of the right to retnstate atter acceteratlon end the rtght to bring a � <br /> court action to assert the non-existence of a defauit or eny other detense of Borrower to „ <br /> aeceleration and sale. If the defauR is not cured on or before the date specifled !n the notiee� „ <br /> Lender at its option may require immediate payment in futl of atl sums secured by this Secu�ity <br /> , Instrument wRhout tu�ther demand and may invoke the power of safe end eny othe� remedies <br /> � permitted by appticabte ta�v. Lender shelt be eetitied to coitect ali expenses incurred in pursuing <br /> the remedfea provided in this paragraph 21. inctuding� but not limited to� reasonabte attorneys' <br /> fees and costs of title evidence. <br /> If the power of sate is invokod, Trustee shall record a notice of defauit in each county in <br />- whtch any pert of the Property ts located and shall mail copies of such notice in the manner <br /> prescribed by appticebie lew to Bor�ower and to the other persons prescribed by applicabte Iaw. <br /> , Atter the time required by appUcabie law. Trustee ehalt give pubtic notice ot sale to the persons <br /> and in the manner qrescribed by applicabie law. Truatee, without demand cn Borrower� shalt seli <br /> � the Property at public auction to the highest bidde� et the time and piece and under the terms <br /> � deaignated In the notice of saie in one or more parcets and in any order Trustee determines. <br /> Trustee may poatpone sale of all or any parcei of the Property by pubUc an�ouncement at the <br /> time and plece of any p�eviously scheduted sate. Lender or ita designee may purchase the <br /> Properly at any sale. <br /> ��...... .e,.at.,� ..R ..e..ose.,� ..i *t�o n.i�o hiri Tn,�oo nhatl do�ivor to tha nurchaser Trustea's <br /> .� ..p.... ........�,. ... �...,..--•-- -• -••- .--•_- _ - <br /> deed conveying the Property. The recitals in the Trustee's deed shatl be prima facie evidence of <br /> the truth of the atatements made therein. Trustee ahall apply the proceeds of the aale io the <br /> � ` rtollowtng order: (a) to ait coats and expenses of exercising the power of sale, and the sale, <br /> inciuding the payment of the Trustee's fees actuaity incu�red, not to exceed three <br /> � �, % of the principal amount of the <br /> � ; � note at the time of the deciaration of default.and reasonable attor�ey's fees as permitted by law; <br /> (b�to atl sums secured by thls Secu�ity instrument; and (c) any excesa to the person or persons <br /> ! tegalty entkled to it. <br /> �; I <br /> . . ,I Ptlt6-lM6(12I91) vaqr d o1 S _ <br /> ��� <br /> •117 � <br /> � I I <br />