|
S )4j. (i� :�i.��ilS' ,I }+ri�.� � !}+j�S ' -� ,G,, fli i��_..%a .,9
<br /> �� �R �'`����� •. -
<br /> . . . • '� _ __' -...../..:_..
<br /> ..�'t`t _ . -��_
<br /> , `'f��
<br /> '�1
<br /> .. . , 9� g�`� ,
<br /> 17.T�dsier oP the Property or n�etzef[cial�lr�tertat in Borrowtr•IE alt or any part of th� Properiy or uiy Znterest in it , ,
<br /> is sald er trnnsferrcd(or if o Gencflciul interest f�e Borrowcr lA sold ar transf�rrod nnd Aormwer is not a netural pr,rr,nn)without
<br /> Lendcr's prior written consent, L.cnzier�nay, at itg option. requ�cc im�nediate p�ym�nt in full af ali sumy �ocureQ by thi�
<br /> Socudty Instrument.I�awover� thls aptton shall not be exereisRd by I.ender i�'oxercise is prohlbiud by fealera!law a9 of che d�►to
<br /> aPthis Sccurity Instnuryeat.
<br /> If I.cnder exerctses thia option,Y.en&er shaU givu�i�ri,wer notice of acceleration.7he noticr shall provide aperiai of not
<br /> less thsn 30 days faxn the date the nodce+is detivend or m�ilod wlthln which Aorrower mast psy nl!euln��uned by thid
<br /> Secudty Instrumcnt.If 9onower feils to pa�r t hesc swns p r lar to t hc eap i r a t ion of thia p edod,I.ender ma y invoke aay nmodia ^
<br /> perntitted bY t1►is Stcurlty Instrument rnithout fuither notias or deu�and on Borrowor.
<br /> 1�. �oreawer's �1�h to Rd�ttta If �omaM.�c meete cettutn oo�xlldong� 13omoWer stWl lwve tho rlght to �s�ve
<br /> enforament of thls SecurTty Insnuatent di�continued at nny time pdor W tha eurlter of: (a) S daye(ot such otber pedod as
<br /> applicable law may spxtfy for nSn�tatemeM) befom�sale uf the Prope�ty pureuat►t w anY Power of sale conwined Iu this
<br /> Se�curity Insuvment:or(b)entry of s judgment enforcing thiR Se�urlty Instrument.Those condidons ura that Borrowqr:(a)pAys
<br /> i.ender ull sums whlch then would be due under this Security Instrument and the Note as if no a�cceleradon hud�oocmrred;tb)
<br /> cnres any default of any ott:er mvenanta or agreements;(c)pays a11 ex�enses incurted In enforcing this Socurity Inshvme�at, .
<br /> including,but not tiuultect w.reasonable attarne�ys' fces;srni(d)takes such actton as Lcnder may rwsonably reyalre to essura
<br /> that the lien of thIa Securlty Insavment,i.endcr a rfghts in the PmpertY end HorroWe�'e obligadon to pay the sums secured by
<br /> this Sesurlty Instntment sdail contiaue unchenged. Upon reinstatement by Bormwer, ttns security lnstcnrnent �d thc
<br /> obligatlons secui+ed hereby shalt reroain fully effective as if no acceleratton had occumed.However,this nght ta reinstau shall
<br /> not apply ln the case af acccleradon under paragragh 17.
<br /> 19. Sxle oi Note� Ch�n�ge of Loan Servicer. The Note or a pardal interest in the Note (together wlth thia Saa�rlty
<br /> Insdvment)may be sold one or more tlmes without prlor aotice to Horrower.A sale may result in a chengo ia the entIty(Imown
<br /> as We"Loan Servicer")that coAects rnonthly payments due under the Note and this Securlty Instniment.1�ene also may be ona
<br /> or more chenges of the Loan Servicer w�related to a sale of the Note.If there is a change of the Loaa ServIar,8or�owee wiQ ba
<br /> glvea written notice af the change in accordance with paragraph 14 above and applicable law.'I'he nodce wiU state the aaiue aad
<br /> address of d�e new l.oan Servu:er.�nd the .idress t� wl�ich pay nents should be made.The not�ce wlll also oontein any ottta
<br /> .��`�r'i infom�ation require�by applicable law.
<br /> � '`�� 20. H�tMous SubstatQCes.Horrower shall not cause or pernitt the presence.use� dtsposal,storage. or mlease of any
<br /> ;,i�:;:
<br /> Hezardous Substances on or In the Property. Borrower shall rtot do. nor aUow anyone else to do. eaything affecting the
<br /> Ptoperty that Is in violadon of any Environmenwl Law. The preceding two sentences shall not apply to tiie pt+esence.usa. or
<br /> storage on the Property of small quanddes of Hazardous Substances that are generally recognizec�to be appmpriate to nornu�l
<br /> , , ..;, restdent�al uses and to maintenance of the Property.
<br /> Borrowet shall prompdy give Lender wrItten not�ce of any invesdgation,claim, demand.Iawsult or other action by any
<br /> .;.�, �"s?<: �.''r govemmental oF regulatory agency or privete parcy involving the Property and any Hszardous Substance or�nvironmental Law
<br /> >•.�•s ty
<br /> � �t9�;•,:.-��,:� af whlch Borrower has actual knowledge. If Borrower learns.or is notifiad by aay sone�tal a��gulr harytla ro��t!�take
<br /> any removat or other remediation af any Ha7ardoas Substance affectin�tlie ProPeRY P mP 9
<br /> , �„!� ,, ell necessary remedial actions in aaordance with Envirorunental Law.
<br /> �;f�;�k;�;�,��~:;.;�`' Aa used in this paragraph 20, "Haxardous Substences" are those substances defined as wxIc or hazardous substenaes by
<br /> ���r'�'����;'v �°"�e�,, Envimnmental Law and the following substances: gasoline. kerasene, other flammable ar toxic peuoleam roducxs. toaic
<br /> :;: ,�y:;,;;�:,•; ,.,:.-
<br /> 'yy�+V�,';.`.,A„ Tt�j��-� pesticides and herbloIdes,valatile solvents.mater�uls containing asbestos or formaldehyde.and rndioactivo mate a1s1oA�s��n
<br /> . ;:,.f�,�, _,. „�, this paragraph 20. Environmental Law means federai laws and laws of the jurisdlction where the Property
<br /> ° • ' �' ' � relate to health.safery or environmental protectton.
<br /> ����• ' -`� : NON-UNIFORM COVENANTS.Bonower and I.ender further covenant and agree as follows:
<br /> �u�.r���•. - �-;�,, 21.Acceleration;Remedtes.L.ender shall g[ve nottce to Borrower prtor to acceleraUop Pollowing Borrower's breach
<br /> .+�-+��,-* •-- � of any rnvenant or egreement iu tLis Security Ir�shument (but not prior to aocelerallon under paregraph 17 w�less
<br /> �'�wn�rr...+a�:iw:M� appltcable Iaw provides otherwtse).The aotice shall specify: (a)t�e default; (b)the action reqWred to cure the detault;
<br /> •^=� :* :�•�'�` ' (c)a date,not less than 30 days fr�om the date the noHce is g[ven to 8orrower,by wWch the default mast be cnred;and
<br /> ;;i;t��,s .. . ':�';�:�: ro
<br /> (d) Wat feilw�e to cure the default oa or before the date specitied ia ihe notice may result tn ea�eteration of the swns
<br /> ;;�;'r'::,,;`.�,,.:,;,c , secured by thls SBCUrIty Instrument and sale of the Property. The notice shall further laform Borrower oi the rtght to
<br /> tj,4;.�..•°>.�,��:+�.,• ., reinstate after aoceleration and the right to bring u court aMton to essert the non�adstenc�of a defaWt or any other
<br /> �'=•�'K�a�t����°- "°�° defease of Bore+ower W accelerallon and sale. If the default is not cured on or before the date specified ia the �otfce,
<br /> ��•'r::��Y�`� �° Lender, at its opdon, may require Immediate payment in full of all suma secured by this Security Instnunent wlthout
<br /> ° — further demand and may iavoke the power of sale aad any other remedies permitted by appliatble law.Lender shall 6e
<br /> � ' entitled to collect all expenses iacurred in pursuing the remedles prnvtded in tWs parngraph E l,including,bnt not Itmited
<br /> ' ' .. to,reasonable attorneys'tees and costs of title evidence.
<br /> - • ` If thepo wer of sate is invoked, Trustee shall e�wrd a aotice of ddault W each counIIy tn whtch any part of tbe
<br /> :: �.�• •� ` Property is I�rated and shall maU copies of such nodce tn the matwer pmscri6ed by app�tcable law to Borrower and to
<br /> 'L;;,��;. , the other persons prescrtbed by applicable law.After the ttme required by appltcable law.Tru.�tee shali give public notice ;`{,.,
<br /> '� 'a''� of sale to the persons and in the manner prescribed by applicable lew. Trustee,without demand on Borrower,shall sell �
<br /> the Property at public suctton to the highest btdder at the time und place end under the terms designated in the nottce of �!�����
<br /> I',��� � sale in one or mare purcels and in uny oMer Trustee determines. Trustee may postpone sale oi all or any parcel of the �'
<br /> '���"" Property by pub9ic announcement at the time and place of any prnvtously scheduled sale. Lender or its designee may �
<br /> ���` purchase the Property at any sale.
<br /> 1 ,�
<br /> � � � Farm 3028 8/90
<br /> - ' - Pepo 6 016 �
<br /> f l
<br /> .�..
<br /> v�
<br /> � L� . � .—. –._.._, ---^• - -----^ . .,�.."."`_-"�� _ .. . . " ., . ------�---
<br /> � ' , •
<br /> l _ .
<br /> r � . . •� ., . .. 4, � ,
<br /> ,. . �� , � ,
<br /> -, ' ,
<br /> '� „ � ., _ <'
<br /> . ° ` .. .. ,. , ' , . „ .
<br /> r
<br /> • � , . . . ., „ �. ... ! ,
<br /> .. ,. . .. � ,
<br /> � .
<br />
|