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<br /> _,;,,� ._., ,� 17.Tcaasfer af the Property or o Bene�iciel Interest in Horrow�r.If all or any part of the Pruperty or any intemst in it • _
<br /> is sold or transferred(or if n bene�cial Interetit fn Bonowcr is sotd or tran�fened aced Bormwcr ic not n nutunsl person>without ;����" • �,.
<br /> . i,ender's prior written consent, Lender may, At its option, require immediate payment in fuU of uli sums secured by thir :;"" - „;��"-
<br /> •', : '.. Security Insuument.Hawever,this apdo�shnll nat be exercised by L.endcr if exercise ir:prohibited by federal luw as af the date �,,��i•'�; "`;'"`�
<br /> of this Securtty Instrument. •. �
<br /> _ � � If I.ender exercises this option,Lender shall givc Borrower notice of acceleration.Thc natice shall provtde u periad af not '""'��==, �
<br /> = t�. u,..._
<br /> ' ,' Iess thnn 30 days from the date the notice is delivered or mailed within which Bonower must pay ull sums socured by this `�'`�-
<br /> • ;., ,
<br /> ' " • "' Security Instntment.!f fiorrower fuils to puy these sums prior to the expiration of this period, Lender may invoke any remedies � '
<br /> permltted by this Security Instniment without further notice or demand cm�rrower. ° � �.``:.�.
<br /> ^ . I8. Borro�ver's Ri�ht to Reinstate. If Borrower meets certain conditions. Bormwer shali have the rtghi to have � :'�i.
<br /> -__...-. - �`-. - enforcement of this Security Instrument dlscontinued at any time prior ta the carlier��f: (a) 5 days�ar such other period as _y_ ___ __�•=�:�.`=
<br /> ' applicable law may specify for reinstatemant) before sale of the Propeny pursuant to uny pciwer af f+uule contained in thls - - - —
<br /> , . Security Instrument;or(b)entry of a Judgment enforcing this Securlty Instcument. Tho.se conditi�ms ure that Horrower.(a)pays � '
<br /> ;�,; I.ender all sums which then wauld be due under this Security lnstrument and the Note us if no accelaration had accurreci:(b) _
<br /> . •• cures uny default of any ather cavenants or a�reements; (c) pays all expenses incurred in enforcing this Security tnstrument.
<br /> • ,. iRCludin�, but not limited to, rcasonable att�rneys' fee.g: and(d)takcs such action as l.ender may reasonably reyutre to assure � _
<br /> . that the lien of this Securiny Lnstrument, I.ender's ri�hts in the Property and Borrower's abligation to pay the sums secured by "
<br /> •� . this Security Instrument shall wntinue unchanged. Upon reinstateanent by Borcower, this Security Instrument and the � , =�;_
<br /> obligations secured hemby shall remain fully effective as if no ueeeleraAion had occurred. tiowever, this right to reinstate shai0 , , : .�;
<br /> � . ' ttot apply in ihe case of acceleratian under paragraph 17. -�
<br /> �• � ' 19. Sale o?Note;Change oP I.man Servicer. The Note or a ganial interest in the Note(together with tbis Security `' ''—-
<br /> � " '. ° 9nstrument)may be sold one or more ti�nes withaut prior Rotice to Bor�rvx�er. A sale may msult in a change in the entity(known . : :':�•.:
<br /> � .. .:
<br /> � . . . ......
<br /> ` �s ihe"Loan Servicer")that collects monthly payments due under the Notc ar�d this Securiry Instrument. There also may be one ' • '":�-�=
<br /> ,. �,. , ':.
<br /> , c,r more changes of the Loan Servicer unuelated to a sale of the Note.If there is a change of the I.oan Servicer,Borrower will be ,F�s==-�'�
<br /> � given written notice of the change in accordance with paragraph 14 ab��ve and applicable law.The notice will stute the name anc� , ?����`�����"��'47��"
<br /> address of the new Laan Servicer and t6�e address to which payments shuuld be made. The notice will also conta:n any other �, '�,•�i;�?��
<br /> ;,`s:>;�'� inforn�ation required by applicable law. . . ,:.�....:.
<br /> '� " . 20. Harardous Sub�9amces. Borrower shall not cause or permit the presenre, use, disposal. storage,or release of any ^ .
<br /> .' :s;;j�.; ' W;��ardous Substances on ur in the Praperty. Borrower shall not do, nor aUow• anyone else to do, anything affecting the �,_
<br /> "�'���a : Property that is in violation uf any Environmental Law. The preceding two sentenres shall not apply to the presence,use,or
<br /> ' . stora e on the Pro rt of small uantities of Hazardous Substance�ti that are enerall reco nized to be a ro riate to normal ' '
<br /> ., g Pe Y 9 S Y g PP P .r �'' `-
<br /> residential uses and to maintenance of the Propeny. ,,a� .�_••�_�
<br /> Borrower shall promptly give L.ender written notice of any investigation,claim, demand, lawsuit or other action by any �• •,�+r
<br /> � ., gnvernmental or regulatory agency or private party involving the Property and any Ha7ardous Substance or Environmental Law • kw�
<br /> .
<br /> : _ of which Borrower has actual knowledge. If Borrower learns,or is notificd by any governmental or regulatory authority,that : �-
<br /> �. ;;;�..' any removal or other remediution of any Hauirdous Substance affecting the Propert} is necessary.Bonower shaU promptly take +�r„
<br /> au r
<br /> �;:•; all necessary remedial actions in accordance with Environmental Law. . °•'� f •
<br /> �+''�:�`:�� As used in this paragraph 20, "Hazardous Substances" are tho.r suhstances defined as toxic or h:uardous substances b � ��� •
<br /> , �-..��P��:���.:�:, y �;:�:.
<br /> •-•'�� � '•. ��;���•`�� Environmental Law and the following substances: gasoline, kerosenc. other flammable or toxic petroleum products, toxic r,. �� . ti:•'i.
<br /> ,�.,, ;;�;;�-;, �:,
<br /> ,<:1:;r. �. • <�•'����� pesticides and herbicides, vuSatile solventx, materials containing asbestos nr fornu�letchyde,and raJioactive materials.As used in � ^
<br /> "'�-;;����`�� • ��,`G thic paragraph 20, 'Environmenial Law" means federa: l.i�cs and laws of the jurisclietion where the Property is loeateci that �-;; . ?�,`d
<br /> '• relate to health,safety or�mironmental protection. � � 4 •
<br /> � .•t,�;., NON-UNIFORM CO\'EVANTS.Burrower and Lender further�+•�enant and agrr.�as follows: �,
<br /> '�y 21.Acce3ers�Ilion;Remedies.Lender shall give notice to Borroa�er prior to acceleration t'msEo�vIng Borrower's breach � ';.:��'' .
<br /> of any covenanfl or agreement in this Security Instrument (but not prior to acceleratioro ua�der paragraph 17 unless , „ .%'�"'
<br /> , applicable Iaw provides otherwise). The notice shall specify: (a)the dcfault: (b)the action requlred to cure the default; {,�
<br /> n (c)a date, not less than 30 days from the date the nottce is given to Borrow�er,by w•hich the default mast be cured;and ..
<br /> (d) that failure to cure the default on ar before the date specified in the notice may result tn acceleration of the sums ' �� '
<br /> secured by this Security Instrument and sale of the Propertv. The notice shall further inform BorroN�er of the r3ght to � ,nJ��
<br /> reinstate at'ter ncceleration and the righu 3o brin� a court action to assert the non-existence of a default or any other � r,,,f���.��"�:-
<br /> - defense of Bo�eower to acceleratton anca wle. If the default is not cured on or befure the date speciCed in the nottce, T�' �.�:':�
<br /> ,. ,r',��•a-;!. '9,
<br /> I.ender,at its option. ms�� rec�uirc immediate payment in fu11 of all surns secured by this Securit�• Instrument without ?:y�, ,}
<br /> '�''"'� further demand and���•incnke the power of sale aaul an�•other remedies pca-init2ed by applirable law�. l.ender shall be '`?`��x+' '�'.•.;• y�_
<br /> r ._��,.�. . ,
<br /> ��.:•,�:'�:, , t entitled to rnitect a8 expenstx incurred in pursuink QI��remt�dies prc��•ided in tha�p.��a�rs�ph 21.includtnR,but not limited ;,���'����� ;�'��;,•.� -_
<br /> "'" ' `�;';�� to.reasonable attorneys' fees and costs of title evidence. `r 1'' � �:•:��'h�`'F�r 1l
<br /> .�: .. ��...:.::f
<br /> ,�;., If the pu�ti�er of sale is invuked, Trustee shall record a notirr of default in each count}• in ��fijch any patt of ttne . ��:�.�,,��:��, �, .�;
<br /> Property is l�ecuted and shall mail copies of such notice in the munner prescritfeci by applica6le la�r to Borrower and to • •,;�'r4;i�r;, �=:
<br /> �� the other persons pr�cribed by appltcabte laa•.Aftrr the time�cyuired b� appltcablr la��.T�ustee s6a11�ic�public notice ' .� i-
<br /> of sale to the persons and in the manner pre+cr[bed Qo� appiicable tae.Trustee.�cithout demt�nd�n Borro�ser, shail sell . +-
<br /> ' the Propert�•at public auctton to the highest bidder u¢the time and place und under the termti desi�nated in the notice of �
<br /> � ;yt�rr�,�^t� sale in one or more parcels and tn an� ordcr Trustee determines. Trustee may� postpone sale��f all or an�� purcel of the ,,
<br /> �' �;;•`'_• Property b�• public announcement at the time and place of am prc�•tousl� uheduled sulc. Lender nr its destgnee ma} I ' sr,.:c,`. •
<br /> °�;;;'` purchase the Property at anr�xale. . -�• °;
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<br /> '.' form 302E 9 9D '
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