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<br /> � a9 ✓ � �16.Borrower's CopY.Bonowor ehall be given ond conlarmed copy at tha Note ond��'Security Iastrument. �°--��,�,��.�:.��:-
<br /> 17.Trenaier o!the Propart or s Aenaficisl Interest in�orracver. (t aU �r any pan o4 the Araperty a�any ^ �":*��"``_ °�,-
<br /> � � tntereat tn it is spid or tranaiormd or ii a beneftcinl tntereat!n Borrower is sald ar transtorred end �orrower ie not a � •• ->r-=;-_
<br /> - " �etural parson)wtthout Lender's p or wrltten consent,i�s�der may�et Ita opt ion,requ ira imm e d�ate paymant in fu l l o t •'�-=_
<br /> _ . �� �> � eU sums secured by thts Security Instrument. However. this apttan shall nat ba exerolsed by Lendar If exerelsa is � � '��'r�+;�-�
<br /> , " prahibited by tederal Isa as of the date af thie Secudty Inatrumemt. � .��, ` ._
<br /> ; Ii I.ender exeralsez,ihia oation.I.enJer she11 give Boreawor nottce of acceleration.Tho natico shall provida a period :,,.._�_ -
<br /> . af not less then 30 days trom tha date the nattca is delivered or matted within whtah Harrower must psy all auma secured � �'„.' _
<br /> , •� by thia Security Inetrument.l�Horrawor fails to puy the,e suma prIat to the expIratton oi thia perlod,Lender moy invoke . -
<br /> „ , eny remedies perrnitted by this Seaurity Instrument without turthe�nutice ar demand oa Bonower. ., �
<br /> � ,� " . IS, Borrower's Ri�ht to Reinat�te.If$onewer meete eartain rnnditiona�Aortower shaU hsvd the right tu have ..
<br /> - enforcement of thie SecurIcy Instrument discantinued at any time prIor a�the wrlier oi:(a)S cieya(ar ouch Athar perIod '
<br /> ae applicable law may epeaity for relnstatement�betate sale af the Property pursuant w any power of eale cantained in � , �:,
<br /> ' ' th�a Securtty Instrument; or (b) entry oi a ju gment enforcing this SeQUrity Instrument. Those canditipns are that ��
<br /> Borrower. (e) pays I.ender ell surts whtch then c+�ui� t,c due under th�a 3ecurtty Inatrument and the Note es it no •
<br /> accelecation had occurced; (b�cures any detault of any ather covenaats or agreemente;(c)pays all expenses tncurred in
<br /> entorctng thie Secudty Instrunnent,including�but not limlted to,reasonable attarneys'fees�aad(d)takes euch actton as • ,
<br /> � I,ender may reasonably requira ta assure that the lian oi this Securtty Instrument,I.endersa rights in the Property and
<br /> � Borrower's obligation to pay tha auma secured by this Security Instrument shall continue unchanged.Upon rainetatement �• �
<br /> � by Borrower,this Security Inatrumentend thaobligationssecuted hereby shall remain fullyeffectiveas it noaccalerati�n �� �
<br /> •� . had occurred.Hosvever,this dght to reinstete ehaU not epply ln tha case of acceleration under paregroph 17.
<br /> 19.Sale ot Note;Change of Loan Servicer.The Nota or e partiel interest in tha Note(to�ether with thie Security ,
<br /> I�strumant)may be sold ona or more times wlthout prior nattca ta Borrowar.A eate may result�n a change in theentity �
<br /> " °_.. _ . • ` (known es the"I.,c�an Servtcer"}that coltects monthty paymenta duv undor the Note and this Security Inatrument.There "
<br /> ' also may be ones or more changes of the l.oaa Sarvicer unr�lated to a sale of the Note.It there�s a change ot the I.oan • "-'
<br /> Servicer,Borrower will be given wrttten notice of the change in accordance with paragruph 14 above and applicable law. a
<br /> Tha notice will atate the namo and address of the new I.,�an Servicer and the address to which payments should be made.
<br /> The notice will also contain any otAer information required by applicabla law. „ . .. °' �
<br /> � 20. Ha�ardous Subataacos. Borrower shall not cause orpermit tha presence,use,disposal.atorege,or release ot . . ' 7
<br /> � any Hazardous Substxnces on or in tha Property.Borrower shall not do� nor ellow anyone else tc�do, anythingaffecting �
<br /> ' the Property that ia in violation of any Env�ronmental Law.The preceding two sentences shall not apply to the presence, . ,
<br /> use, or storage on the Propsrty of smali quantities of Hazarduus Substances that ere generally recognized to be �
<br /> • approp riate to normal residential uses and tc maimenance of the Property. . `��°-_
<br /> Borrower shall promptly give I.ender written nottce ot any investigat�on,claim,demand.lawsuit or other action by ;; "'"
<br /> any governmental or regulatory agency or private party involving the Property and anv Hazardous Substance or ' - r�m`
<br /> Eavironmental Law of which Borrower has actual kaowledge.If Borrower lesrns,or is notified by eny guvernmentel or
<br /> reguiatury nuiLurity. tt�at any cerriovat or othec camediation at any Hatasdow 5u�tance affectsng the Progerty is � ----�--�1=-
<br /> necessary.Borrower st�all promptl�take aU necessary remedial actiona in accordance with Environrnentai l.aw. �ti : �
<br /> � As used in this paragraph Z0, Hazardous Substances"are those aubstences defined as toxic or hazardous substances
<br /> by Environmental Law and the folloaing substances:gesoline,kerosene.other tlammable or toxic petroleum praducts, •
<br /> toxic pesticides and herbicldes, volattle solvents, materials conteining esbestos or formaldahyde, and radioactive , �� �
<br /> matenals.As used in thie paragraph 20,"Environmental Law" means federal laws and laws of the jurisdiction where the • `�' '
<br /> P���it� ;oia��thst;a�at�,t�t�cattl-�,safctyorcn�iror.mcrt�:pr�tre:ian. • . -T��:'
<br /> NC�N-UN�IFORM COVENAN'TS.Bonower and 1,ender further covenent end agree as follows: [ r r',
<br /> ' 21. Acceloretion; Remedles. Lender ahall give aotice to Borro�ver prior to acceleration tollowiag `� ;:''�':�;
<br /> Borrower's breach of any covenaat or agreement Ia this Security Instrumant(but not pr�or to acceleration � ;f'�j
<br /> under paragraph l7 unless applicable law provldea othertvise).The natice shall specify:(a)the defeult; (b)the � , 1
<br /> actioa required to cure the detault; (c1 a date. r.�t less than 30 deys from the date the notice is given to
<br /> � Borrower. by whtch 4he defeult must be cured; and (d) 4hat Yailure to cure the default on or before the date � I�
<br /> � specifled in the aottce mey result in accelerati�n c�i the sums secured by this Security Instrument aad saie oi � ;;)�'�.-
<br /> . the Property. The notice shali further iaform Borrower of the right to reinstete aiter acceleratton and the , .� •
<br /> right to bring e court ectton to assert the non-exlstence of a default or any ather detease of Borrower to '
<br /> acceletation and sale. If the default is not cured oa or before t6e date specified in the notice, I.ender,at its �
<br /> optian, may require immedfute pa y•mcnt in futt af a!1 sums secured by this Secorit� [nstrument nitttout ; •
<br /> further demand and may invoke the power of sale and any other remedies permitted by app(jcable law. .
<br /> Lender sball be entitled to collect all expenses incurred in pursuing the remedies pravided in this paragraph , �
<br /> 21,including,but not timited to.reasonable attorneys'fees and costs of titie evidence. , •
<br /> If the pawer of sale is invoked,Trustee shall record a notice of default In each county in which any peri ot
<br /> the Property is located and shall mail capies of such notice in the manner �rescribed by applicable law to
<br /> Borrower and to the other persons prescribed by applicable law. After the time required by ep�licable law,
<br /> ; Trustee shall give public notice af sale to the persons and ia the manner prescrtbed by applicable law.Trustee,
<br /> without demand on Borrower,shall sell the Property at public auction to the hlghest bidder at the time and ;
<br /> place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee
<br /> ' determines.Trustee may postpone sale of all or any parcel nf the Praperty by public announcement at the
<br /> time end place ot any previously scheduled sale. I.ender or its designee may purchase the Propert�• at an��
<br /> sale.
<br /> t Form 302a 9/90
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