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<br /> . • 17. Tran�r of tpta Propoety oe a 0�n�ftci�l IMOrost t� eorrowor. It n0 or uny part of the Properiy or '• '.�j;�.� �,:._---
<br /> ' any intereat in ft la eold or trrnateired(or H� benallat�N�teraat In Borrower ta ao�d ot tranffiarred end Borrowar is not�nttunl . ;��A y�r`,,:�."
<br /> pareon)wtthaut Lender's pdor wrltten consent, i.ande�msy,�t ita optioa,roquiro Immadlntn pnymant In tup of�it sums waurad by� . , �!,,: ,.,,, ,
<br /> . thle Seaurtty�nstnament.Hewever,thls opfton ehell�ot bo exerdaed by Lendo�M exerolao is profUbltod by federal law as ot ths� __ ,-_- __- __
<br /> date of thia 8eairlry Instrament ' �'
<br /> If lender exerdaea this aprion, Lender shell glve Barrower noUee of aoode�atlon. Tho notice shotl provtde a palod of not t
<br /> � " Iesa than SO daya trom tho date the nottce la de0vered or melted wtthin whiab Bortower must pny aH aumo aaaurad by thts ' - •, "
<br /> ° Seau►fty InsWmant. it Borrower tells to pay these suma pdor to the e�qi�ra�on of this pertod, Lender may Invoke eny remedieaW " . , �
<br /> �. permitted by this 8ecudty Instrument wlthout 4uHher noUce or demend on Borrower. • , -
<br /> 98. 8orrower's Right to ��i�st•ace. if 8orrower meets cerviln condwons, Florrower sheq have tho dght to hnvo ,:
<br /> entorce+nent of this Seeudty Instnem�nt discontlnued at eny Ume pdor to the earller oi: (a) 8 days (or such other pcdod s � ~
<br /> appYeabie law may speeiPy 4oT reinsSatemar►q before sete of the Property purauant to any power ot seie wntained in this 3eeu "
<br /> I n s tr u m e n t; o r @) e n tr y o f a j u d g m a n t e n f o r d n g t h i s S e c u t i t y i n s t r u m e n t.T h o a e c o n d i l l m n s a re t h a t B o r r o w e r: (s)Q a y a L e n der aIF i, � • ,
<br /> sume which then would ba due undar this Security fnstrument and the Note as if no aeeotaraElon hnd oceurred; (b)eures any i,
<br /> , :�;::', delauR ot any other covenant or agraerr.ents; (c) paye aN expenses incurred tn entorcing this �QCUrity Instrument, induding, but , . ,,,:,;,;
<br /> •• �r not Umited to,reasonalrla attomoys'teas: and (�takea suoh aadon as Lender may�essonably�e�uire to assure that the Oen oY ��� +.,
<br /> �-. .:,: . . ,� ;..a.
<br /> . ';r>°., i�;;e . ,.�: � �.�r.;::; :ie'_,�''
<br /> .�,11• this Sacurity �nsUumant, l¢ndat's dghte in the Properiy and Borrower's obllg�tUon to pay the suens aecured by this 3ecttrily �f. , .,.��,,, ..,,:
<br /> �`�%�> � � � Instncmgnt shaq eontlnue unchangad. Upon relnstatement by Borrower, this 3acurliy InslruaeQnt and the obilgattons secur�d �::,�;�''.� �' .�''�-,� ��:�;.'.
<br /> 1'':��:.��;:, heretay sha91 remaln(uqy etfective as if no acceleraUon hsd occurred. However,this dght to�3nstato shall not apply In the c�so :,;`,..:'��,'-
<br /> ::; ot aceelaration undar paragraph ti. • • ''•°"'�'�����
<br /> ',,�',;z'�� � ,. ��;�'� 19. Sale of Note; Chang� oY Loan 5ervieer. The P1ots or a a pttetia! Inte�est in 1#x�Note (wgether wttn tPois `� `;�`ti;;�',;,�;`
<br /> ..:;,., , '���"' ,
<br /> Security instrument) may be soid one or more Umas wfthout pdor noUee to BoROwer.A sate may resu�t in a change In the endty ''�"��=""�� ''
<br /> , "'• ''..�ic��,:
<br /> ';;,�,��-,`• t�_
<br /> (knmvn as the'Loan Servicer')that code�ts rt�onthly payments due under the Wate and this Saeurity InslrumenR There atso may ' '�.,�r�''��: „�'�
<br /> be one or more changes of the Loan 3ervicer unreiated to a sele of the Nate. It there is e change of the Loen Servlcer, • ''-'ti,: . � ��
<br /> ' , 8orrower wUl be gNen wdtten noUce ot the chenge M accordance wfth paragraph ts abave ared eppflcabte Iaw. The notice wiil , •• „��f��:�.r!r. .. .�'
<br /> state the neme and address of the new Loen Servicet and the address to whlch payments should be made. The noUce w!N also �•��'•� •,::?� �
<br /> -� aontain an other InfortnaUon uired b Ilcabie taw. � '�;,';;'��`";-��"; �
<br /> Y �q Y 8PP dxl�.'::�•...,,.
<br /> 20. HezB�douB �ubstsnCee. Borrower shall not cause or perte�R 13�a presence, use,dtapoeal, storage, or retease o1 C '��--"�1!';�''.
<br /> �,��.'�,. . eny Hatardous 3ubatances on or in the PropeAy. Borrower shatl not do, nor apow anyone etse to do, anything aHectinQ the I '.
<br /> , • ; . , Prope►ty that fa in vloiation ot any ErnUonmentat Law. The preaeding two sentencea shell not appty to the presence, use, or , .
<br /> '"�� • atorage on the Properly of smell quanUtles oi HazaMous Substenaes that are genereiy recognized to be approprtate to nortnal , � ? ��"�;�,, �'..
<br /> resldenUai uses and to metntenanee oi the Properiy. ! �'.;'$1}:;;�%';;.--
<br /> • • Borrower shell prompty give Lender written noUce of eny invesUgsdon, claim, demand, iawsuR or other aoUon by any � ;��,;'j;,
<br /> � govemmental or reguletory agency or private parly invobing the Prope�ty and any Hazardous 3ubstence or Envlronmentai Law at ° ;�Q�'i
<br /> whbh Bor►ower has actuai knowledge. N Bortower teams, or fs noUfied by any govemmental or reguiatory authorily, that any I�,:;. . • ��" �
<br /> _...a:'..
<br /> . removal or other remedlatlon ot any Hazerdoua Substence atfeadng Property ta necessery, Bor►awer shali promptly teke alt �`' -"'c,:rT1; ; '
<br /> ,�,� ' ',`,;,,;,;, .
<br /> necessary remedtal actiona in aceordance with Environmental Law. i . ;;,,,,
<br /> , As used(n this paragraph 20, 'Hazardous 3ubstencea• are those substances deflned as toxlc ar hazardous substences by � ,��:��%:%�
<br /> �� �_., , ...�:•��:��� �
<br /> Envlronmentai Law and the toAowin g substanoes: gasoline, kerosene, other flammabie or toxio petroieum products, toxio , , �L �
<br /> � pestlddes and herbiddes,voladie soNents,mateitals contalning asbeatos or fom►aldehyde,and radioaative materials. As used in , ':��
<br /> °�1 ���. . paragraph 20, 'Ernironmente! Law' means federal laws and laws ot the judsdiction where the Properiy is loonted that relete to �: � .. �• �•.��4;
<br /> ' health,satety or anvkonmentel proteotlon. � '•'+� �'y
<br /> I NON-UNIFORM C01lHNANTS.Bortower and Lender turther covenant and agree as foVows: �•��� �
<br /> ,�
<br /> � 21. Accele�ation; Remedies. Lender shall give notice to Borrower prlor to acceleratton
<br /> following Borrowe�'s breach of any covenant or agreement in this Seaurity instrument (but not � � '4�
<br /> S prior to aaaeteration under paragraph 17 unless applicabie law provides otherwise). The �otice � � ��6
<br /> shail speaify: (a) the default; (b) the action requtred to cure the default: (a) a date, n�t less than �--�,��
<br /> • 30 days from the date the notice is given to 8orrower, by which the default muat be cured: and . ",: .;:
<br /> (d) that fatlure to cure the defautt on or before the date speaified in the notiae may result in ``'���� .
<br /> � aaaeteratfon of the sums secured by 4his Security Instrument and sale of the Propee#y. The notlae � � ;
<br /> ! shall further inform Borrowe� of the right to reinstate 3fter acceleration and the right to bring e
<br /> ; aourt action to assert the non-existsnce of a defauit or any other defeese of Borrower to � ,,;�:t.;
<br /> � acceleratlon and sate. if the default is not aured on or before the date spectfled in the notice, .
<br /> Lender at its option may require immediaRe payrnent in full of all sums secureci by this Security � •
<br /> inatrument wtthout further demand and may tnvoke the power of sate and any other remedies
<br /> permitted by applicable law. Leader shatt be entitted to collect alt expensss inaurred tn pursuing
<br /> the remedies provided in this paragraph 21, inctuding, but not limited to� reasonabte attorneys'
<br /> fees and costs of title evtdence.
<br /> If the power of sate ts invoked. Trustee shall record a notice of default in each county in
<br /> which any part of the Property is located and shali maii copies of such notice in the manner
<br /> prescrEbed by applicable law to Borrower and to the other persons prescribed by app��cable taw.
<br /> � ARer t�a time required by appticabte taw. Trustee shalt give public notice of sate 3o tJ�a persor,s
<br /> � and in tha manner prescribed by applicable faw. Tr�stee, without demamd on Borr�we�, shall aeol
<br /> , the PPOperty at public auction to the higheat bidaier trt the time and p�ac� anof u�deP the termns
<br /> � , designated in tho aotice of sale in o�o or more parcels and Sv� any ord�r Truatee �3�termines.
<br /> Trustee may� �aos8�one sate of ail or A�y parce! of the Property by pumlic annouwxerroent at the
<br /> � . i time a�d placv of any p�eviowsty achec�uled sale. Lende� or tta designee may purchase the
<br /> . ' Property at any sale.
<br /> � �� � . Upon receipt of payment of the price bid, Trustee ahall delive� to t6�e purchaser 7rustee's
<br /> • i
<br /> • � deeo conveyirsg ine rroperiy. i ne reciiais in ine i rusiea s deed snaii Qe p�ima "racie evidence oi
<br /> � � the truth of the s4atements made therein. Trustes shall appty the proceeds of the sale in the
<br /> . foilowing order: (a) to att costs and expenses of exercis�ng the power of sale, and the sale.
<br /> i�cla�oiaa�g the payment of the Truatee's fees actualiy incurred. not to exceed three
<br /> , 9'0 of tl�e principat amount of the
<br /> no3e aQ the time of the declaration of default, and reasonabte attorney's fees as permitted by law:
<br /> (b) to a!1 aums secured by this Securitgr Instrument; and (c) any excess to the person or persons
<br /> . Imgallyy entitl�oi to it.
<br /> � �
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