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<br /> .n�;,�� 94" io�ses
<br /> -- � �^^�'��r'��^��� 17.Trensier o!the Property or e Beneftcia!Interest ia Borrower.If ali or any p,ut of the i'raperty or any interat in it �— - -------
<br /> �'�4"'`�"�'� '''"�"` i5 salct or trnnsferred(or if a t�tneficial inttrest in Borrower is sold�r tntnsferred and Borrower is nat a naturnl person)w�thout '�4'�'""'"`---
<br /> '°•„'*�°"•'''�'� L.ender's pdot written cansent. L.ender may. at its option, require immediate payment in full af all sums secured by this �.-.�.:��-'k�=�`�'-`'`�
<br /> -'�� ; • this opU�n shall not be eaerclsed by I.ender if exercise Is proitiibited by federal law ac of the date _'"�"�"'
<br /> � •,;„�a•�x,,, ;,�.� ' Security Instcument. However, _
<br /> of this SSCVd Instrument. ,,.��r._N.=i-
<br /> ,�"�,•�r."�"`f •.{r•�.i, ty °'`�
<br /> . •,l� . If Lender exercises this option, L.ender shall give Batrawer notice of acceleration.The notice shall provide a perlad af nat �., ,�.,�
<br /> t rr-�-_
<br /> i,��,��=,��:�;,�� " 1ess than 30 duys frum the date the notice is dellvered or mailed within which Borrower must pay xlt sums secured by thts •� aR�,�..�--___
<br /> Secur� Instrument. If Barrowcr fails ta a these sums dor to the ex iratlon af this riod, Lerider mu invake nn nmedies i'�""
<br /> �y P Y P P Pe Y Y �,:�*;�-rc�,::—
<br /> ,"`�,.,� .. permitted by this Secudty Instrument without further natice or demand on Borrower. . _-- -__a;!,};•':��=- _
<br /> `; • .~ I8. Borrowec's Right to ReinsWte. If Borrawer meets cerwin cand[tfans, Horrower shall have the r3ght to have '�, ,�,�� �,_,
<br /> - �..rpi. �' ,
<br /> �.�," .� N�,, enforcement of this Security Instrument discontinued at Any time prior ro the earlie�of: (a) S days (or such other perfad as ` ,'�i:_�, --;,�.,
<br /> applicable law may specify for reinstatement) before sale of the Praperty pursuant to any power af sale contain�.d in this � .'�• �-'���.
<br /> ' :��, Securlty Instrument:or(b)entry of a judgment enfarcing this Secur(ty Instniment. Those conditions are that Borrower:(a)pays . • ;• ,�'.:'.�tiv:.��"_
<br /> � '� � Lender all sums which then would be dae under this Securiry Jnstrument and the Nate as if no acceteratton had occurred;(b) ,
<br /> ` ' ,,.. cures any default of any other covenants or agreements; (c) pays a!I expenses incurred in enforcing this Securlty Instntment. . �� :.
<br /> ' � � including. but not limited to, reasanable attorneys'fee.4; and(d) takes such action as l.ender may reasonably reyuire to assw�c • ; "
<br /> � , , that the lien of this Securtty Instrument, L.ender's righ�s in the Property and Borrower's obligation to pay the sums secured by • .
<br /> this Secudty Instrument shall continue unchan�ed. U�n reinstatement by Batrower. this Security Instrument end the •
<br /> � ; � , � obligation�secured hereby shsll remain fully effective as if no acceleration had occurred. However,this ri�ht to reinstate shall � °,�.: � ;_,
<br /> not apply in the case of acceleration under para�raph 17.
<br /> .. 19. Sale of Note; Change of I.oan Servicer. The Notc or a panial interest in thc Note tto�ether with this Secufity •
<br /> Instrument)may be sold one or mare times withaui prior notice to Borrower. A sule may result in a change in the entity(known „ �••
<br /> . as the "Loan Servicer")that coltects monthly payments due under the Note and this Security Inst^�ment.There also may bs one , ' ;,,�.�,;};,
<br /> ' � , • or more changes of the(.aan Servicer unrelated to a sale of the Note.If there is a chunge of che[.....��Servicer.Borrower will be . '°'�""'_'r`-.
<br /> � ;�,•� � ; �iven written notice of the change in accordance with paragraph 14 abave and epplicable law.The notice wil�state the name and .� . �"' •��'�': �' •=
<br /> ' address of the new Loan Servicer and the address to which payments should be made.The nottce wtll also rontain any olhei �t.��,,,���`
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<br /> • ' information required by applicable law. ' �� ' !. � —
<br /> " 20. Hazardous Substanees. Bonower shall not cause or permit the presence, use. disposal, storage, or release of any • •�
<br /> •, . Hautrdous Substances an or in the Property. Borrower shall not do, nor allow anyonc clsc to do, anythfng affectin�the �'.�;� '���5
<br /> � Property that is in vialation of any Enviranmental Law. The prececiing two sentences shall not apply to the presenre,use,or �,�
<br /> storage on the Propeny af small quantities of Hazurdous Substances that are genenlly recogniud to be uppropriate to narmal ' . ^ti��.�'�,
<br /> • residential uses and to maintenance of the Property. +�'1'"
<br /> � " ` '� ' . Borrower shall promptly givc Lender written notice of any investigution,claim, demnnd, Iawsuit or athcr uction hy any '���o.
<br /> � � overnmental or re ulato a enc or rivate srt involvin tbe Pro rt nnd an Hazrudous Substence or Environmenta!Law <�
<br /> � , S g rY S Y P P' Y S P� Y Y „ ;�".t �
<br /> of which Borrower hac actual knowledge. if Borrowcr learns, or is notlfied by any governmental or regulutory authority.that • ,_�����
<br /> .. '_.. any removal ar other remediation of any Hazardous S�bstunce affecting the Property is necessary, Borrower shall promptly takc 7 ` ' ��
<br /> � ------=-._ . _.. .
<br /> �----- - = aii ncccssary rcmcu�:u acuu���iit a�cuttiatuc v.itia cr.�i:u:iu�c�usi i,sw.
<br /> � -- ----' �
<br /> „ As used in tl�is pa'ragraph 20, "Huzurdous 5ubtitances" are those subtitances detinec' a+ toxic or hnzardous substunce�by '�'�'�
<br /> - - � Environmentul La«� nnd the follo�veng substances� gecoline, kerosene. other flammuble or toxic petroleum products, toxic . ;�,_�is�
<br /> � pesticldes und herbicides, volatile solvents,materiUls cantaining ashestos or formaldehyde. and radioactive materiul,.As used in �� _:"�
<br /> this paragraph 20, "Environmental Law" means fedeml la�vs and luws of thc jurisdiction whcre the Pmperty is locuted that :�
<br /> ' �� relate to health,safety ur enviranmcntal protectiim. � � ;�
<br /> � ' NON-UNTFORM COVENANTS.Borrower and Lender further covenant und agree ns follow�: ,. z;, .
<br /> 2 1. A c c e l e r a t i o n;R e m e d i e s. [.e n d e r s h a l l�q(v e n o t i c e t o B o r r o�v e r p r t o r t o a c c e l e r a t t o n fo l lowin�Borrower•s breach �'.�"'
<br /> , of any covenant or a�reement in this Security Instrument (but not prior to acceleration under paragraph 17 unl�s ,;��
<br /> applicable faw provides otherwise).The nattce shall specify: (a)the default: (b) tl►e action required to cure the default;
<br /> (c)a date.not I�s than 30 days from the date the notice Iti�iven to Borrower.by which the default must be cured;and '' • •d
<br /> • , (d)that failure to cure the default on or ixfore the date specitied in the nottce may result in acceleration nf the sums " .
<br /> secured by this Se¢urlty Instrument and sale of the Property. The notice shall f¢trther inform Borrower of the rl�ht ta �� �
<br /> • relastate after acceleration and the right to urin� e court action to assert the non-existence of a defaWt or any other ' , .',i:
<br /> �, defense�f Borrower to acceleration and sale. It the default is not cured on or befom the date specified in the natice� �'r`''�
<br /> I.ender. at its option, may reyulre immediate payment in full of all sums secured by this Security Instrument without � �'
<br /> further demand and may invoke the pu�ver of sale nnd any othcr rcmedie�permitted by applirable law. Lender shall be -
<br /> entitled to collect a!1 expenses incurred in punuin�the remedie�provided In this para�raph 2l,inctuding,but m�t timited I • • : -
<br /> to,reasonablf attorneys•fees and costs of title rridence.
<br /> If thepo�ver �f sale is invoked. Tn�stee sh�tll r��ord a notire of default In euch count�• in which any part ot the i
<br /> . Praperty Is tacuted and shall mail copic�of such noticc in thr munner presrrilxd by applicuble laa� t�►Borrower and to "
<br /> �� the other percons preweribed bv appl[cabte I�a�. After thn tirne requirrd h�•upplicuble la��.Trustee shall�ive public nottce
<br /> of snle to the penons and in the manner pr��scribed by appltcabte lua, Trust�Y, ��ithout demand on I3orrnwer. sh�ll sell
<br /> ' the Property at pubtic uuction to the highest bidder ut the time end place and under the terms desi�nated in the notice of
<br /> sale in one or more parrek and in An�•ordcr Trutit��:detrrmin��. 'Cruster mu�postp�me sale of all or um• parccl of the
<br /> Propertp by publir unnouncement et the dme and pluce of um• pre�•inu�l� �cheduled .r•ule. Lender or its d�hi�nee mu�• � '
<br /> parchase the Property at anv sale. �
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<br /> Form 3028 9/90 '
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