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<br />- �� .. `' ., 16.Borro�ver'a Cop y.Borrower ehel!ba given ane co�itorMe$copy of the Note�n oTthla S�aurity Iastcumer►t. �..,,..__�..�_:_�,_.. _.:
<br /> 1 7.T r a w a f a r o!t h e P r o p e r t o r a B e n c i i a l a l Interdst 3n Harrower.It oll or any pnct oi the Property or eny �;�-_ ,�,
<br /> � � intereRt in it is sald or tcanst�erred�ar It a beneticlsl interest in Bortowor Ie sold or tre n s f e r r e d an d B orroaor ta no t u �� . -- .
<br /> � � �p�r�a:,<+t�.�;= _
<br /> _ - " -° �, naturat personf aithout L.ender e p ar wdtta►consent,I.ender may,ot Its optton�require tmmedtate yment tn tult of + .,
<br /> ' ell sums seauced by thle Seaurlty Inatrumcnt. Hoaevor. this option ehall not ba exercised by Lendar if exerc�so ie :�'_- -- - :
<br /> �' . .,• . ..,�•;.,.���. -
<br /> � •�� �� prahibitedbyfederellawesofthedateoithieSecuRtylnatnument, " ' " r�'
<br /> =� �•��`r � 'y�� It I..ender�xuraiaeR thie option,Lender shall give Borrower notice af acceleratton.The nottce shall provlde e pertod :��:. .�
<br /> . :
<br /> �" ot not less than 30 days from th�dau the notice ta deliveted or mailed within which Borrower must pay alt aume secured -
<br /> �-1 �-yr
<br /> ,; � • by this Seaurity Inetrument,I�Bvrrower tails to pay theso aums prto�to the expIration of this period,Lencler may invoke • "".. �� r ��=`
<br /> � „ any remedfes permitted by thiaSecurlty Inatrument wtthout turther notice or demand on Hormwer. ',., ,;;�'���r„�;6.
<br /> ' t8. BOltOWOf�B R;YIIt t0 RO�G8tat0.It Honower meots certain condittons,Borrower ehall have the right to have : .,��.. ;
<br /> ` entorcement oi tt►ts Secur�ty Instrument discontlmeed at any ttme prlor to tha earlier ot:(a)S days(or euch other pertod - . � _
<br /> � '� ea applicable laa may specify ior reinateument)befare sale oi tha Propetty pureuant w anypower of eale contatned in � ^
<br /> - this Securtty Instrument;ot (b) entry ot a 3udgment eniorcing this�ecurIty Inatrument.'Thosa condittane are that „ � � _
<br /> Borcower. (a) paya Lendar all sume wbiah then would ba due under this Seaurity Inatrume�it and tha Note as jf no R,
<br /> "� � acceleration hed ocourced;(b)cures any defeult o!any other covenants or egreamenta;(c)pays all expenses incurred in ��,
<br /> � � eniorcing thie Secudty Instrument.including,but not limited to,reasonabla attorneys'tees;and(d) takea such action ae *:_
<br /> � ,, Lender may reasonebly re�uico w a�ure that the lien of thts Secudty Inatrument.T.ender's rtghts in the Property and _
<br /> ' Borroaer's obl�igation to y¢he sums secured by this Security Instrumentehall continue unchanged.Upon retnstatement � .
<br /> �•' " by Borrower,this Securit�y�Inatrumentand the oblfgationa secured hereby ahall remain fully e,'fective as ii no acceleration '�
<br /> � had occurred.However,thia rtght to reinstate ehall not apply in tha cese of acceleration under paragreph 17. �
<br /> " 19.Sale of Note;Ch�nge uf Loan Setvlcer.The Nota or a partIal interest in the Nota(to�ether with this Security .. .
<br /> � � �� Inatrument)may ba sold one or more ttmes without pdor notice to Borrower.A sale may result in a change in tha entity _
<br /> ,_ �„.: . _ ' .. � :__:_ (known es the"Loan Servicer") that collecta monthly paymenta due under tho Note und thia Security Inetrument.There . - .. •
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<br /> � also may be oae or more changea ot cho Lunn Sorvi�r unretated ta a sate of the*:ote.If there is a chenge of thP T.nnn `
<br /> _. ..__,_. . . r �
<br /> Servicer,Borrower wlll ba given wrltten nottce oT tha change�n accordance with paragraph� 14 above snd applicable law. - � �"
<br /> The notice will state tha name atid address of tha new Loan Servicer and the address ta which payments should be made. • �
<br /> „ . • ' Tha nottce will also contain any other information re�uired by applicable law. ' " .
<br /> , 20. Hazardoua Substanc�s. Rorrower shall not causs orpermit the presatsca,use.disposal,storege,or release of _
<br /> � any Hazardoua Substances on or in the Pro y.Borrower ahall not do�nor allow anyone else to do.anyth�ng afiecting . •
<br /> the Property that is in violation of any Env ronmental Law.The preceding two sentences ahall not apply to the presenca, -` '•
<br /> u s e, o r stora ge on the Pro p ett y ot small quantities of Hazardous Substances that are generally recognized to be � �
<br /> ' appropriate to notmul residential uses and to maintenance of the Property. Z�s'
<br /> Borrower shall promptly give I.ender wtitten notice of any investigstion,claim,demand,lawsuit or other action by � .r'
<br /> any governmental or regulawry agency or private party involving the Pruperty and anV Hazardous Substance or � �_�"�� .
<br /> Environmental I,ew oi which Boreower has actual knowledge.If Borrower learns.or is notitied by any governmentel or �
<br /> --- reguletory authority, that any romovat or othor ram«iiation a! any Harardau; Su�tsncc affecting the Pro�rty is l. _, _. _
<br /> necessary,Borrower shall promptl�take all ae�essary remedial actions in accordance with Environmentel Law. ' "` �
<br /> As used in this patagraph D0, Hazardoua Substances"are those substances defined as toxic or hazerdous substc►nces ° i; 1
<br /> by Environmentel Law and the folloaing substances:gesoline,kerosene,other 4lammable or toxic petroleum products, •' �r �•„ �
<br /> toxic pesticidea and herbicides. volatile solvents, materials containing asbestos or formaldehyde, and radioactive . .g
<br /> . matenals.As used in this paragraph 20�"Environmental Law"means tederal laws and laws of the jurisdiction where the ,' ,�� ,
<br /> Pruperty is toceted thet relate to health.sstety of e�pimmm�ntnl nmtection. , . . ' ' '
<br /> NON-UNIFORMCOVENANTS.Borrowerandl.enderfurthercovenantandagreeasfollows -:�"�"•
<br /> 21. Acceleretioa; Re�nedies. Lender shall give notice to Borrower prior to accelent�on following s!;'�•
<br /> ' Borrower's breach of any covenant or agreemant in this Security Ynstrument(but nnt prior to accaleration /"�
<br /> uader paragtaph 17 unless appl�ceble law provides otherwtsej.The notice shall specify:(a)the default;(b)the �:� �
<br /> . ectton required to cure the detault; (c) a dete. aot less thaa 30 days from the date the notice is given to •i�
<br /> Borrower, by which the default muat be cured;aad (d)that failure to cure the default on or before the date
<br />" specltied in the notice may resutt in acceleration of tde sums secured by tbis Securit Instrumeat and sele of `�:'s
<br /> e . �
<br /> the Property.The aotice shall furthet intorm Borrower of the rigbt to reinstete a ter acceleratlon aad the
<br /> right to bring a court action to assert the noa-existence of a default or an� other defaase of Borrower to ,
<br /> acceieration and sale. Ii the default is aot cured on or before tde date specified in the notice, Lender, at its i
<br /> option, may require tmmediete peyment in full of all surns secured by thls Security Iastrument without �
<br /> further demaad and may invoke the power oi sale and any other remedies permitted by appticabte law. � -
<br /> Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph i
<br /> 21,including,but aot limitedto,reasoneble attorneys fees and costs ot title evidence. y p �
<br /> It the po�rer of sale is invoked.Trustee shall record a aotice ot default in each couat in which any art ot
<br /> " the Property is located and shall mail copies of such notice in the manner prescribed by applicable law to
<br /> Borrower aad to the other persons prescribed by applicable law.After the time required b�applicable law,
<br /> Trnstee shall give public notice oi sale to thepersons and in the manner prescribed by�ap�licable lew.Trustee,
<br /> without demand on Borrower, shall seU the Property at pubiic auction to the highest b�dderat the time and
<br /> place and under the terms designated in the notice of sale in one or more parcels and in any� order'I'rustee
<br /> , determines.Trustee may postpone sale oP all or eny parcel of the Property by public announcement at the
<br /> time and place of any previously scheduled sale. Lender or its designee may purchase the Property at an�•
<br />- sale.
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<br /> Form 5028 9/90
<br /> , �—BRINE1�o�oeGO� P•o•�o�e tnielels
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