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<br /> � �• ' 17.Tr�nd�r of th� Prop�rty or • BsaNlcial Inte�rert In Barrot��r. It aA or any part ot the Property or �__
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<br /> - � ` r�, any Intereat In It Is eold ar trnnst�saed(or M n benetlela!Interust In 8arower la eold or trnneterted snd Bortower la not o a�tunU _
<br /> • •� �� � •. peroon)wlthout Lenda'a pdor w�rien oonsent, Lender may,at Ite opllon, requlre Immedleto payment In full o}nll sumo eaeurod by '��--^-?�----
<br /> � .. ' "•�s thta 8eaudty Inatmmen6 Nowevor, thls op�on ehell not be exerolsod by LenQcr 1!oxorctuo lo prohlblted by tederat�sw ao o}th� ��'�_�;:';;;;„-;,�;_;_;�:�
<br /> . ' date of lhle 8esudty Inatn�mant. '� ����.,-,',".'-"~�,:°: �
<br /> '�'" ' If Lender exeralaes thla opUon,Lendor ahall gNe 9orrower notleo ot aeceleraUon. The notico eha0 provlde a pedod ot not� '. �`����`x �r�-� _
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<br /> ° ° lesa ihnn 30 days frem tho dat� ti�e notico ta dc4;vered or mal!ed wfthM v+hleh Qesrtower muet pey ell seme eecured 6y thh -----� . ----=�-- `° _.
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<br /> • 8ecudry Inat�ument. N 8orrawer tnlla to pay theae suma pdar to the ex�olretton of thla pedod, Lender may tnvoke any remedlea O . °.. ._
<br /> ' pertnitted by thl8 8ecurlty Inatrumont wHhout tuAher notloe or demand on BeROwer. „ �'''"���.--
<br /> , � 18• BOPPOW6P�6 RI�Fi4 QO ROIPi84848. U 8orrowcr moaW ccrtaln condltlons, Borrowor ahall havo tho rlpht to heve� , ,,.. -
<br /> � enforcement of thla Secudty Inetiument dlacontlnuod at any dme pdor to the earller of: (a) 8 duys (or suah other pedod as ,� , H
<br /> f j.' " appllcabte tew mey speclty tor relnatatement)bofore sa►e ot the Propeity pursuant to any power ot sa�e contalned In thls 3ecudty •, ; -
<br /> tnstrument; or(b)entry of a Judgment enforcing thla Securfty Inatrument. Those condftlons are that Bortower. (e)peys Lender nit� a
<br /> -• - � aums a�hlch then wauld ba due under thts 3ccurlty(nct�umcr�t nnd tho Noto aa fl no aoceleraUon had occurted; (b) eures any i� ;_
<br /> detautt o}eny other covenant or agreementa: (o) pays aM expenses hcurted in eniorcing thls Securlty Inatrument, InWuding, but •
<br /> �___ _:._ not Itmfted to.reasonable attomeva'tees: and (�takes such acUon as Lender may reasonsbly requlre to aosure that the Ilen of
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<br /> thls Security �nsWment, Lender's rights In the PropeRy and Borrower's obllgatlon to pay the sums secured by thls Securlty
<br /> ----- - -
<br /> Inatrumant shall conUnue unchanged. Upon retnatetement by Borrower, thla 3ecurity Inst►ument and the obllgaUona secured •
<br /> hereby shall remeln tuty eNectHe as N no ecceleratlon had occurred. However.this right to relnstate shall not appiy In the case •
<br /> 04 acceleratlon under paragraph 17. ^
<br /> 19. aal� 04 No4o; Ch�ng� m9 l�an ��rvicer. The Noto or a a parifal interest (n the Note (togeth¢r with this ,� _
<br /> ' �"; Security Instrument) may be sold one or more ttmes without pdor�otice to Borrower.A sale may r2sutt ln a change in the enttty i;, •:•- ' :. , .
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<br /> � _ : :,;r�;: (kno�m as the"4oan Servlcer'�that collects moMhly payments due und¢r lhe Note and this Securifj Instrument. There also rteay +�.�, tti,�;�`"F`„ r�£?'>
<br /> '��f be one or more changes of the Loan Servlcer unrelated to a sate of the Note. If there is a chaoge of the Loan Servicer, � '' ;.``!}rr`�`'
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<br /> � • i ,' •� BoROwer wlq be Nen wdtten notlee ot the chan e ln accordance wRh aragraph 14 above and appllcabte �ew. The natice wlll � x,r �
<br /> `�ry�� • ``;,,'. state the name and address of the new Loan Servicer aod 1he adcE�ess to whlch payments should be made. Thv notice wlll also � � �f`���F$�r�t���;;
<br /> } ��! ',,r`� contatn any other Mfortnatlon tequired by applfcable law. 1�� ,' ,o{,1�i ;t� �•'
<br /> �� ' l� . �%'• ��. HaaA�dsu8 Su1�D9taQeC68. 8ortower shall nat cause or permit the presenxe. use, dlsaosal, storage, or re�ease of =;� . <<�.,��S ,
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<br /> � �`•;-�;.!�:,;i�• any Hazar¢fous Substances on or In the Property. Bortow¢r shall not do, hor Al'o�. anyone else to da, anything aftectlng the ��: .� ,
<br /> ��'�',`�.7.`'v'����f���7,��;�'i°;� �operty that is in violailon of any Environmental LAw. 7he preceding 1wo sentences shall not appy to the presence, use, or '+
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<br /> "�'�.:.;tij; storage on the Property ot small quantlties oi Hazardous Substences thet are generaly recognlzed to be appropdate to normal ,,_-�
<br /> "`� � ° resldentlal uses end to malntenance of the Property. <`��
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<br /> Bortower shall promptly gNe Lender wrltten noUce of any InveaUgaUon, clalm, demand. Iawauit or other actlon by any , �
<br /> g o v e m m e n t a l o r r e g ul a to ry a gen c y or pdvate pe rt y involvin g the Pro p e rt y and any Hezardous 3ubstance or Envlronmental L.aw oi i ,�;:;�si��
<br /> whfch BoROwer has actual knowledge. If BoROwer leama, or Is notHied by any govemmentel or regutatory authorlty, thet any s~';, ,
<br /> , removal or other remedlaUon ot any Hazardous 8ubatance aNecUng Properly ta necessary, �SOnower sha8 promptiy inke a8 i - -
<br /> , � �ecessary remedlel actlona In accordance wfth Envlronmentat Law. �
<br /> � As used tn thls paragraph 20, 'Hazardous Substences" are those subatances deflned as toxfc or hezardous substances by �
<br /> Eovlronmentat Lew and the lotlowing substences: gesollne. kerosene. other tlemmable or toxlo petroloum products. toxb � = j
<br /> pestleldea and hetblcldes.volatlle soNents,meterials contalning asbestos or tormaldehyde,and rndloactive meterlals. As used In ; {
<br /> pa►egreph 20, 'Envlronmental Law' means federal Iaws and lawa of the�urtsdlctlon where the Property Is �ocated that retete to � �. . �
<br /> heafth,safety or envlronmentat protectlon. � ���'�,j
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<br /> NON-UNIFORM COVHNANTS.Borrower and Lender lurther covenent and agree as follows: • �
<br /> 21. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration �. ��
<br /> following Borrower's breach of any covenant or agreement in this Security Inst�ument (but not , ' +' . ;j�
<br /> prlor to acceleration under paragraph 17 unless applicable law provides otherwlse). The notice ;��.
<br /> shall spectty: (a) the default; {b) the actlon required to cure the detault; (c) a date, not less than �,�.,.•-
<br /> 30 days from the date the not8ce is glven to Borrower, by which the defautt must be cured; aod } - '•�•
<br /> (d) tha4 tailure to cure the defeult on or before the date specff(ed in the notice may resutt in � ':�,,:,...,',
<br /> . acceleration of th�sums secu�ed by this Securlty Instcument and sale of the Property. The notice �
<br /> � shall further inform Borrower of the right to reinstate atter acceleration and the right to bring a ,
<br /> � , � court action to assert the non-existe�ce of a default or any other defense of Borrower to ' '` '
<br /> acceleratlon and sale. If the default is not cured on or before the date specified in the �otice, ��`��•?` �•
<br /> • � lender at ite uption may requfr� immediate payment in futl of all sums secured by this Security � ,�,
<br /> Instrument wtthout further dema»d and may invoke the power of sate and any other remedies � �
<br /> , permitted by applica6te taw. Lender shall be entltled to collect atl expenses incurred in pursufng
<br /> • . the �emediea provided in thts paragraph 21, including, but �ot timtted to, reasonabte attorneys'
<br /> tees and costa of tttle evidence.
<br /> If the power of sale is invoked, Trustee shall record a notice of default in each county in
<br /> which any part of the Property is located and shalt mail copies of such notice in the manner �
<br /> prescribed by appllcabfe law to Borrower and to the other pePSOns prescribed by apptfcabte law.
<br /> After the time required by applicabte law, Trustee shatl give public notice of safe to the persons
<br /> and in the manner prescribed by applicable law. Trustee, wtthout demand on Borrower, shall setl
<br /> the Property at pubtic auctlon to the highest bidder at the time and place and under the terms
<br /> designated In the notice of sate in one or more parcels and in any ordor Trustee determines.
<br /> Trustee may postpone sale of atl or any parcel of the Property by publlc announcemen4 at the
<br /> tlme and place of any previously scheduled sale. Lendar or its designee may purchase the
<br /> . Property at eny sale.
<br /> Upon receipt of payment of the prlce bid, T�ustee shall deliver to the purchaser Trustee's
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<br /> Qeed Conveying ine e�roperiy. ine re�iiai� iii iiin Truoinv e uaau a�m�� vo �,��•��o .o...o s....o:.�o ... -
<br /> the truth of the statements made therein. Trustee shalt apply the proceeds of the sate {n the _
<br /> following order: (a► to att costs and expenses of exe�cising the power of sate, and the sale,
<br /> including the payment of the Trustee's fees actua�Ey fncurred, not to exceed three
<br /> � % of the principat amount of the
<br /> . note at the time of the c9�claraUon c� default, anol reasonabte a4to�r�ey's f�es as permiQted by law; —.
<br /> . (b) to all sums secured by this S�curity �nstrument; ac�d (c) any excess to th� person or persons
<br /> . ' �•, Iegally entitled to it.
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