|
• •,����+� , � - . �c�r;�y t _.ri ,.. ..Try .
<br />�._- �... . `"` , � n... "'�'y'./t�lJ�'
<br /> � .� . ..�.
<br /> -_�._.. . ...
<br /> t,;1
<br /> —
<br /> ' „ ���' ��� .. .n
<br /> . ,,
<br /> 17.Triu�sfer ot the Propn�ty tkr a�eneflcial Inta�a!in Do��rower.if all or uny part oP the Property ar u�y lntexest in it
<br /> iy��d or lransferred ior if u beneficial 6nterest in Borrower iR suld ar transfen•ed and Bor�awcr is not a�wmral panor�D wltt�t � ;i
<br /> I.cndc:r'K prlar �vdtte�� canscnt, t..eader nksy, �e! its c���ii�n, r�qui�a iumtcdtute�paymcut In ful7 ��'nll Fui��v u�curral hy thi5
<br /> Sccurity Imstn�ment.Nowcvcr.i��is option shnll not bo exertigcd by Luncter if excrclse is prol►ibital6y fedtru!!aw ag�s�f the date
<br /> of this Sccurity Itxstruma:nt.
<br /> !f l.endcr exerci�this optian.l.ender shaii give P;arn►w�r notice of acccleraiton.l`he nodce shall pravide s pef�i�vd of nat
<br /> less than 3Q days from the dnte tho notice ia del(vered'ur nu�iied within which Farrower must pay all sums secu'red by�his
<br /> Security Instcumcrri.Jt fi�rrowtr falls to pey these surtts pr�or ta tht expIr�tton pf thts periad. I.ender may invoke�ny eernedies
<br /> pcmiitted by ehis�xurity Inssntsnent wdtha.c tucther notEcc ar dtmuncl on Borrewer.
<br /> IS. �orrawer's Rf�ht to Rd�statt. If Burrower mea�.g rertain cos�ditions. Borrower shait h�r-c thc rigi�t tu Iu�vC
<br /> enforament of tt►is Security inctnimcnt discontinued ut any timc pdar to Uu carlicr oF: (q) S days(or such otlxr period ss
<br /> appficnble !nw may spEClfy t'ar•.rrri�statemei�t) txfore sale af the Properry pursuant to any power of saie cuntainad in this
<br /> Securtty Instrument;or(bj entry pfa��ent enforcing thie Security[nst�vinent.Those canditions an tAat BcirFawer:(a)pAy�
<br /> I,Nnder nll sums which then would lsc duc under this Securlty Instrumcnt and the Note as if no stcceleration had oocutral;(b)
<br /> cures any default of any otder covenants or ugr�ements; (c)pays all expenses incurred in enforcisig this Sccurity Instcumeni,
<br /> including,but noi limited to. reasonabio attomeys'fces;and�d)taka such�ction sis I.ender may reasor�ably rcquir�e to assure
<br /> thnt thc lien of this Secu�Iry Insuument.Lender's dghta in the Propecty and Borrower's obligauon to pay tFic sums secirr�l by
<br /> this Socurity Instrument sh�ll continue unchanged. Upon reinstateraent by Borrower, this Serudty Instnunent and the
<br /> obligutians secured hereby shpll remain fully effective as if no ucceleration had occurnd. However. ihl� dght to ninstate shall
<br /> not upp!y in the case of acceleration under parasraph 17.
<br /> 19. Sale ot Note; GhanAe of Loap Servicer. The Note or a partial interest in the Note �together with this Securtty
<br /> Instrument)may be sold one or more times without prior notice to 9orrower. A sele may result in a cdange in the entity(known
<br /> ns the"i.oan Servicer")that collects monthly payments due under the Note nnd this Security Inspument. Therc also may be one
<br /> or more chang�of the Laan Servicer unml�ted to a sale of the Note.if there is a change of the(.oan Servlcer,Borrower will be
<br /> gtven written notice of the change in ucwrdw�ce with paragrapb 14 above and applicable Iaw.The notice wIA state the name and
<br /> address of the new Loan ServIcer end the address to which paymenu sl�ould be made.The notice will also canwirt uny other
<br /> � ��> �+�, informadon mquired by applicable law.
<br /> '•:;'7`.'..� :`4� 20. Ha2ardous Substances. Borrower shall not cause or permit the presence. use. disposal, storuge. or relesse of any
<br /> . -•• Hazardous Substances on or in the Property. Bomower shall not do. rtor allow anyone else to do, anything affecting the �
<br /> ,••':' `T`�'`�;"'� Property that is in violation of any Emironmental Law. The preceding two sentencrs shall not apply to th�presence,use,or
<br /> �• .., ,
<br /> .�k:. storuge on the Property of small quantides of Hazardoas Substances that are generaliy recognized to be appmpriate to nom�al
<br /> �� ��fx,: ,.., ' resident�al uses sind to maintenance of the Property.
<br /> � ' ' n
<br /> '"'"�'1` " ` Borrower shall promptly give Lender written notice of any invesaegatiaet,�laim,demand,lawsuit or other action by eny
<br /> �.�...�,.,.�;��s:�` govemmentel or regulatory agency or private party involving the Property and�sy Hazandous Substanoe ar Emironmental I.aw
<br /> of which Borrower has uctual knowledge. If Borrower leams. or is notiCted by any governmental or re�ulatory authority.that
<br /> i `'. Y �" � . any removal or other remedistlon of any Hazandous Substance affecting the Property is necasary. Borrower shall promptly take
<br /> ' • � � � g!]t�aty mm�d;al a�'tj�pg;p ncmrdnnce with F.nvjmnmental I.aw.
<br /> F`'��'°�•'� ` ' As used in this paragraph 20. "Hazardous Substances" are thace substances defined as toxtc or haTardous substances by
<br /> , •;,.,.
<br /> . Envjronmental [.aw and the following substartces: p,esoline. kerosene, other flammable or roxic petroleum Products. toxic
<br /> ' . • pesticides and he�bicides.volatile solvenu, muterials containin�asbestos or formaldehyde. end radiaactive materlals.As used in
<br /> � , this para�raph 20, "En��ironmental Law" mcans federal laws sind laws of the jurlsdiction where the Property is locate�l that
<br /> .. • relatc to heAlth,safety or environmentei protection.
<br /> NON-UNIFORIVI COVENANTS.Borrower and Lender further mvenant and agme as follows:
<br /> 21. Aaeleratton;Remedies.Lender shall glve aotice to Bormwer prior to aaeletration fullowing Borrox�er'�s breach
<br /> � " of any covenant or agreement in this Security Instrument (but not prior to 8cceleratQon under paregraph 17 unless
<br /> • appticable law provides othenvise).The nattce shail specify: (a)the default; (b)the actton required to cur�e the defaulR;
<br /> • - (c)a date,not less thun 30 deys Prom the date the notice is gtvea to Borrower, by which the detault must be cured;aad
<br /> ' • (d) that failure to cure the defanit on or befam the date specifted in the notice mey resWt in aoeelerntion of'the sums
<br /> � • secured by tht�Securtty Instrume�t und sale of the Property. The nottce shaU further inForm Borrower of the rf�ttt to
<br /> �..,�,•.�:� ' reim�tate after acceleration and the right to bring a court action to assert the non-exisienCe vt a default �r sny other
<br /> • • defense of Sorrower to accelemtion end sale.If the default is not cured on or befom the date specifled tn the noilce,
<br /> ' � � Lender, at tts option, may require immediate payment in fuq of all sums secured by this 5�curity Insqvment without �:
<br /> . ' " further demand and may invoke the power of sele and any other remedies pertnitted by applicabie law.i.ender�hall be ;+�
<br /> _ •� enNtled to collect all expenseg tacurred in pursuln�the remedies provided in this paragreph 21, including.but not limked y
<br /> ° to,ceasonable attorneys'fees and rnsts of t[tle evtdence. �'t
<br /> If the�ower of sale is imvokedl,Trnstee shall record a notice of defnult in each aa�m�ty in which sny paet of the •�
<br /> Property is locoted und shali maN rnples of such notice in the manner Prescribed by applkable law to Borrower and�o
<br /> the other peesons pre.5cr[6ed by appRcable Iaw.After the time requie+ed by applicable law,Trustee sbatl g(ve pu6lic notioe
<br /> : . of sale to We persons and in the manner prescribed by applicable law.Trustee, without demand on�orrower, shall selt ; '-
<br /> ' „ the Propecty at public auction to the highest btdder at the time and place and under the terms desjgnated In the nottce of
<br /> " sate ie one or mom parcels und in unv order Trustee determtnes.Trustee may postpone sale of all or any parcet of the
<br /> Property by public announcement at the time nnd place of amti�previously scheduled ss�le. Lender or its designee may
<br /> �' � ' purc6ase the Propetty at any sale. n ,�
<br /> ., � �
<br /> ,� � Farm 3028 919Q
<br /> .- P�go 6 ot 8
<br /> ;,-,..__. . -�.___ _.�_ .�____.___.._.... _. __.____._ __,_.,.r„�., � ___._�_._.. _r�
<br /> . . .. .�f -�� •,=- -
<br /> ► _ ., . . ^ • �—
<br /> � „ �� �� .. -- �
<br /> �_ .. . ,., �� -
<br /> �.... . .... :: .
<br /> , .. � �, �
<br /> � ., � . ., ��
<br /> rR, ' ,r . .
<br /> ' . 1 °
<br /> _ „ „ '� ..
<br /> ir ' .. " . µ i' � „ � .. ,� •' •. .. , . u `• � �. V .,
<br /> �
<br /> t• � . - � . .. . ..�� . .. .... � ' ..
<br /> , . ,. �. - ._ .. ' .� , . . - . 'J
<br />
|