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<br /> . �1. 80YrOW�f'A RI��lt � fll1fl�U. 11 BOROMrK Ifl� QIMi7 COrtaRion��ourtowR snai i��tnG iyni i'v 1N1�wriv.vwrwr�� -
<br /> . dhicanthu�d Rt�ny ttn�prbr to tb�Mr1Nr oh(t)6 d�y�(or tuoh othK p�rlcd ns�ppN¢abM�w may cp�oUY tor nM►st�t�rtMnt)bMon�
<br /> • �' af the Prapnrty pursuant tu any power ot ssM oanMhsd In thta 8scurky Inat�ummt; a►(b) mtry o}e judpn�t mforoh9 this S�nurlry
<br /> '`�'�'"•-�"�` ' InatrumtnA Thoa�oondNbns a�tbtt 8orruw�r:(�) p�ys tandK aN aumt whbh thsn woutd b�du�und�r thb 8aourRy tnstrumont end th�
<br /> .:ry•.. ... _
<br /> y ' Not��� N no aaa�Nr4tbn had ncaurr�d;(b)cur��any d�t�uit ot afy oth�r cov�ntn! ar �gr�m�nta; (o)p�ye oll sxpinen tncurad h
<br /> �ntorohp thb S�ourky In�tmm�nt, k�oludhp, but �ot UmM,�d to, n��tontbM �ttom�yt' tNS; and (d}tak�s woh aotion as Undu may
<br /> nasontby t�qut� to u�ur�thnt th� It�n of t�b 8�curNy Insuumont, Lend�'s rqht� U eh� Prqp�Ry Nd Borrowote oblipatbn to pay th�
<br /> �um��un�d by thb 8eourAy Imbum�nt�haA oonthu�unoh�np�d. Upon ninst�t�mcnt by Bo►rowa. thh B�ouAty Imbum�n! �nd tM
<br /> •`••°-• ppf?��clene eooured hereby eh�U nmah tuly�fhotivo ss M no acc�ieratkn htd or,oumd. How�v�, thb hpht to r�inet�►t�ebaN not�ppy h ,.�1,,},,,�.
<br /> ... ..�:,'< <
<br /> the at�of sac�Ntatbn undn pa�praPh�7.
<br /> ;r`:'~'-`:.~R;: x'x 19. Se10 0} NOtf; Ciwnp� ot I.oaB SQNICO�. fia Not� ot � piutitl hUnst h th� Not� (t0{�NhM wkh thl� S�ourky .ti.
<br /> ' � � i � i InoWm�nt)mty b� wfd on�ar mors timn wrihout prlor notio�to 8ortowN. A stM may aauM M �ahtnp�h Ih� entky (known �s th� "•�`..,c.,,.
<br /> ~A'1�.:�-:;.•,.4�,•. ..p.t,�... .
<br /> ;;,:?.;�'".i�� �" . "Loan 8�rvb�►")thRt oolMots monthy paymmt�dw und�r th�Not�and this 8�aurity InaWmtnt. Th�n aito mty t» on�ar mon ohanp�s , �'�r'?�. .:
<br /> �' � ' �� ot th�Loan S�viou unnlaUd to a sab of th�Nois. If th�r�b a ohanp�ot th� Lotn Servber,8orrower wAt b� pNen wrMsn notfc�04 th� •� •••,
<br /> "��,'{::,' -•-� -"�.:::� ahanp� b aaaordtna wkh paaqraph 14 tbov��nd npplbabM t�w. Th�notto�witl etat�tb�nam�and �ddnts of th�n�w Lotn SMV�ca '�.�.;;ru'�
<br /> ''�. .,. .. .. , :•
<br /> �,,+..,. �..�, `_ �nd th�addnsa to whbh p�yma►ts should b�mtdv. Th�notb�w�abo aonriY�any othar htortn0tbn roqulnd by�ppiicabk kw• ;,,;�„�.i �
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<br /> ;C.�. •� -: �, 'ry '- S0. Haaerdous Substences. Borrawer sh�ti� not omuae or permk ths prosenw, uss, dbpoott, stonDa, or rokas� of 4ny . `.
<br /> ;g - • Ha�aMaua Subatancea on or in the P�opedy. Borvower ahaN not do. nor albw anyons efa�to do,anylhing etloatMp th�Prop«ty that b b i:,;,�' , �,, � 'Y;
<br /> u . , ;�a..,.' a.
<br /> vlotatbn ot afy Environm�nri�Low. The pnaedinp two sa�tanoos ehQlt not appy to tho pr�amca,uee,or storapo on the PropeRy of emall .:...r�,�+s•
<br /> • �.. ' quanRles ot Haiardoua Subatuncea that en pneraly �eaopn�ed to b�apprapriste to normal residentlal uses and to mthtenanca of the �' �._z
<br /> . : . .�. PropeAy. s. V
<br /> ,,� �=' Bo�rower sheU prompty give Lender wAtten notk� of eny hvestipation, olaYn, demand,fawsuk or other aotion by any �ovemmsntal or - . '
<br /> " reguktory apenoy or prMate party involvinQ the Property and any He:erdous Substenae o�Envkonmentai Law o}whbh Barrowe�has eotunt ' ., .'r
<br /> � knowledge. it Borrower teems, or Is eot�led by eny govemment�t or reputatory suthorriy, that any removat or other ranedtation of eny j�
<br /> � �. Harerdaus Subatance afteothg the Property fs neceseary, Barrowe� shatl promptiy taka aN necessary remed�i aotlons in acocrdance wtth r �::;��'` ,,,,;
<br /> � EnvYonmental Law. � '���� �.
<br /> ' As used h this per&9�Ph 20� "Hemtdous SubbtflnCCie" ere those eubstences defhed s8 toxb M har8rdous substenoes by �• � ,.,y
<br /> " � Environmernal Law and the foliowhg sub8tances: easoUr�e, kerqsene, other tlemmabt� or toxia petrolaum produots. toxb pestbides and , .... ' '� ._
<br /> • herbbidea, volatile sokents, matedals contalning asbestos or fonnatdehyde, and radloaotive matculab. As used tn thts paragraph 20� ;�:�i,
<br /> � 'EnvYonmonta� Law" means tederai laws and laws of the Jurisdbtlon where the PropeRy is tocated that reiate to heafth, satety or � �»,
<br /> �� .
<br /> environmental proteotlon. .='x,;r`.
<br /> NONd1NlF0AM COVENANT3. BoROwer and Lender tuRher oovenant and agtee as fotiowe:
<br /> 21. Acceteratton; Remediee. Lende� ahall give noUca to Borrower prior to accetereUon fotlowing .. �, r.;�
<br /> • '� eonower'a breaah ot aey covenanfc or agreement In thls securiry inatrument jbut noi privr �o er�abieistioi � ,
<br /> under paragraph 17 untea� appitcabte taw providea otherwise). The notice ehatl speelfy: (e) the defauit; � r ��,
<br /> . � (b)the aetion required to aure the detauit; (e) s date, not leae than 30 dsye trom the date the eodae ts �"�' � .�
<br /> . gtven to Borrower, by whtah the default must be aured; end (d) thet failuro to cure the defautt on or
<br /> ._.__-.__---==�---
<br /> .. betore the date apectfled M the �odce rriay reautt in ncceteration of the sums eeoured by thfa Security ��:..�t �; �. ,a
<br /> Inafruument end eaie of the Property. Yhe noUae shali further intorm Borrower of the right to reinstate atter . �•��, � '���'�
<br /> � eccete�etion and the right to brtng e coun acUon Lo essert the non-existence of a detauit or any other ��,, ��
<br /> . � detenae of Borrowe� to acceleraBon end aele. It the defauit is not cured on or bebre the date apeeifled ,;, -�
<br /> � in the notice, Lender at its option may requlre immedlate payment in fuit oi atl aums secured by thte .,
<br /> Security Inatrurrient without further demend and may invoke the power ot eele and any other remediea , • • :
<br /> permitted by eppltcable law. Lender ahati be eMitted to cotlect ali expenaes incur�ed In parsuing the •�"
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<br /> � " :� . remedies provided in this paragreph 21,i�eluding�but not Itmtted to� reasoneble attor�eys' feea and eosta • � - -
<br /> . ot UUe ev3denee. . ��� _
<br /> � It the �power of sete ts lnvoked,T�ustee shali record a notiae of dctautt tn eaoh eounry in which eny �
<br /> pa►t ot the Property la toaeted end shait meit copiea of ouah notice tn the manner p�esoribed by apptioeble
<br /> � � law to Borrower and to the ather persons prescribcd by epptlaable lew. Aiter ths tlme required by
<br /> ,,r�° apptteable lew, Truatee shnll givo pubiic notice of saie to the persons and in the manner p�esaribed by ., , ..
<br /> •� � epplieebie tew. Truetce, without demand on Borrower� shall seii the Property at pubile auetton to the � ` ,._ `.
<br /> - htgheat bfdder at the Ume end piace end under the terms deatgnated in the notice oi oate In one or more :�;.,;�� � �
<br /> � paraela and In any order Tru�tee determinea Trustee may postpone sale of ell or any percel of the ., '
<br /> Property by publtc ennounaement at the time and place of any proviousty soheduied sale. Lender or ite
<br /> � �� ' designee may purahase the Prnperty at eny sete.
<br /> �-, J �� Upon �eeeipt of paymeet ot the priee bid, Trustee shall dellver to the purchaser Trustee's deed ��
<br /> conveyi�ug the P�operty. The recitals In the Truatee's deed ahali be prime facte evidence of the Vuth of .
<br /> �} the statementa made thWetn. Truetee shalt apply the proeeeda of the e�le In the tottowing order: (m)to att �
<br /> � coam and expanaes of exeraiaing the power of sale, end the sate, inetuding the payment ot the T�ustee's ,r
<br /> feea ectuetly incurred� not to exceed N/A 96 ot the priectpal amount ot the note at the time of the �
<br /> � „� deolaratton ot defau�t� end reaaonabie ettorney'a teQa es permined by Isw; (b)to all sums secured by lh�s
<br /> , '" 8ecurtty Instrument;end (o) any exceas to the pe�aon or persons tegalty anUtied to i� � . .
<br /> . - 22. Reaonveyanee. Upon paynfent af all suma seaured by this SeauAty Instrument,Lender ahall request Trustee to reaonvey the �
<br /> � � Properiy and ahati surtender this SecurHy�nshumeM and aU�otes evldenohg debt secured by thla Seaurity instrument to Truatee. Trustee I .
<br /> } . ' sha�reconvey the Property wtthout wartenry and wkhout aharge to the person or pereons Iegaty entktad to �. Suoh person or persons ahaN ,
<br /> pay eny�soordatton oosts. � r �
<br /> . � • 23. Substitute Truetee. Lender, at ka option, may trom tMne to ttrne remova Trusteo and appoht a successor buates to any �
<br /> . . .. ��..�.�.,w..a twe�..umn�ror.nrelurf In tlw rtnmfv in whieh thLa Sen�tiN Instrurttent Is fenOtded. WIthOUt COf1YAY4fiCB Of '
<br /> . . �i�i5wo aypvn�ov ..a.o........ ..i _• --°_..�...---'--- -. °.- -- -� .
<br /> �� the PropeRy.succsssor trustee shaQ succeed to aU the Utte,power and dutles conterted upon TNStee heretn end by appl�abte law.
<br /> ' ' �� 24. Request tor Noticea Baro�rer requests that ooples ot the notices at detauh and saie be sent to Borrowers addreas wh�h i
<br /> Is tAe PropeAy Address. i
<br /> ' - Zb.Riders to thls Security Inatrumen� It one or more riders are executed by Bortov+rer end �ecorded together wfth this �
<br /> . Secudty Instrumsnt, tho covenents and egreementa ot eaoh suoh Ader ahal� be Noorporated �to and ahaU amand and suppiemant the
<br /> covenanffi and agreements of this SeaurNy Insbument as M the�id�(s)were a peR ot this Security�nsWment. '
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<br />_ � �� P�p��of 6 Form�048 9/80
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