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<br /> 94-10471.0
<br /> any power of sale contained in this
<br /> applicat~l~_ I;iw may sp.:cify for reinst.'atenrent) bei'om sale of , c E'mpc:1y pursuant to
<br /> Sec=urity Instrurraent; or (b) entry of a judgment a .f ircing ehis Saurity instrument. Those conditions are that Borrower: (a)
<br /> pays Lender ail sums which then would by deer, under this Security Instram Fnt and the Note as if no acceleration had
<br /> incurred; (b) cures tiny c!efai,lt of any other covenants or agreements; (c) pays ail expenses incurred in enforcing this Security
<br /> Instrument, inciu4iing, but not 1;cuStrcl to, reasonable attorneys' fees; and (d) mkcs such action as Lender may rrasonak; y
<br /> require to assure that the lien of this Security Instrument, Lenders rights in the Property and Borrower's obligation to pay Gic
<br /> sun=s secured by this Security instrument sleali ::ontint •r, unchanged. Upon ;-einstatement by Borrower, this Sccurt5y
<br /> Instrument and the ob..gations secured h.entby shall remain fully effective as itm, zcceietation had occurred,. However, tb.is
<br /> right to reinstate shall not apply in die case of acceleration umder paragraph 17.
<br /> 19. Sa)e or Note; Change of Loan Servicer: The Notts or a partial interest in the. Mote (together with this Security
<br /> Instruument) ntry be sold one or more Mmes w4hout prior notice to Borrower. A sale may result in a change in the entity
<br /> (known as the "Loan Servi.er") that collects monthly payments due under t:te Note and this Security Instrument. There also
<br /> may be one or more c:hangss of the Loan Servi..,cer unrelated to a sale of the Note. If there is a charge of the Loan Servicer,
<br /> Borrower will be given w0tten notice of the chwige its accordance with paragraph 14 above and applicable taw. 'flue notice
<br /> will state the name s.nd address of the new Loan Servicer and the axldress to which payments shou'd be made. The notice will
<br /> also contain an,y other information require by applicable law.
<br /> :0. Hazardous Substances. Borrower shall not cause or permit the presence, use, dispo-al, storage, or r_leasr: of arry
<br /> Ha7lydo,as Substances on or in the Propeity. Borrower shall not do, nor allow anyone else: to dal. anything afTecting the
<br /> Prop: rtj that is in violation of any Environmental Law, The preceding two sentences shall nct apply to the prr-serce, use, or
<br /> story. ge on the Property of small quantities of Hww&us,Svbstanccs that are generally v"cognize:l to be aprropritrte to normal
<br /> resi-deoti<<l uses and to maintenance of the Property.
<br /> BaTrower shall promptly give Lend:x written notice of any investigation, c% i m, demand, lawsuit or other action by any
<br /> govcn,.mental or regulatory ag entry or p. vale party invok ing the Property and any Hazardous :Substance cr Environmental
<br /> Law ;f which Borrower has actual knowledge. If 5orrower learns, or is notified by any goverrimenta,l er regulatory
<br /> amlicrity, that any removal or other remecdiation of any Hazardous Substance affecting the Property is necessary. Borrower
<br /> shall promptly take all necessary re.r,edial a=ctions in accn,,-dance w4h Environmental L?w.
<br /> As used in this paragraph 20, ""liaa ardous Substances" are those substances defined as toxic or hazardous substances by
<br /> :nvirrar,mental Law and 'the following substances: g;a.soline, kerosene, other flammable or toxic petroleum pmdu.cts, toxic
<br /> pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive mate•rial%. As
<br /> used sir this paragraph '10, "Environmental Lave" means federal laws and laws of the jurisdiction where the Property is located
<br /> that relate to health, safety or environmenta; protection.
<br /> NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br /> 21. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following, Borrm-er's
<br /> breach of any covenant yr agreement in this Security Instrument (but not prior to acceleration :ender paragraph 17
<br /> unless applicable law provides otherwise), The notice shall specify: (a) the default; (b) the action required tr:t cure lire
<br /> default; (c) a date, nG: les=t than N1 days from the date- the notice Is given to Borrower, by which the default must by
<br /> cured; and (d) that failure to cum! teac defitult on or before the date specified in the notice may result in acceleration of
<br /> the sums secured by this fiia.i,,arlty Instrument and sale of the Property. The notice shall further inform narrrower of
<br /> the right to reinstate after a(:celerat€on and the right to bring a court action to assert the non•existenre of a default or
<br /> any other defense of Borr•ov er to ncotlerw.ion and sale. If the default is not cured on or i)efore the date specified in
<br /> the notice, Lender at its opti,;an may mjuire hurnedlate payment in full of all sums secured by this Security Ins; rurnerrt
<br /> without further demand and may irvoZke the power of sale and any other remedies permitted by arppliWv.
<br /> Lender shall be entitled to collect ::ill eye enses Incurred in pursuing the remedies provided in this paragraph 21,
<br /> including, but not limited to, reasonable attorneys' fees and costs of title evidence.
<br /> If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part ro! tie
<br /> i p,~erty is located and shall mail cr►pies of sash notice in the manner prescribed by applicable law to Borrower and to
<br /> the otheu- ociNons prescribed by applicable law. After the time required by applicable law, Trustee shall give public
<br /> pF notice of stale to the persons and in the manner prescribed by applicabe Saw. Trustee, without demand on Borrower,
<br /> shall sQgl the Property at public auction to the highest bidder at the time irnd place and under the terms designated in
<br /> the notice of sale in one or more parcels and in any order Trustee determim t5_ *ustee may postpone sale of all or any
<br /> phucel of the Property by public announcement at the time and place of .,ny previously scheduled sale. Lender or its
<br /> designee may purchase the Property at any sale.
<br /> Upon rea~eipt of payment or the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br /> Property. The recitals in the Trustee's deed shall be prima facie evidence or the truth of the statements made therein.
<br /> Trustee shtzlli s=upply the procee;"- of the sale in the following order: (a) to all costs and expenses of exercising the pourer
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