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<br /> � 9%. Yrantt4�r Q! the Property or a Beneflclal In4ereat On Borrow�r. �t ei� or eny pnrt ol tha Propnrry or _
<br /> , any Intcrcat In It 1�ao1rJ or trt�nst�rrcd (or I1 n benoftc!al intcrc�t In Borrowcr I� oold or transterred and E3arrotvcr is nat a naturnl ^'; "' -
<br /> pcmon)e��thout Lcndcr'o prlor�v�ticn cpn�cnt, Lcndc�raay,nt Ito optlon, rCqu!ro Irnr��edato pay�'�cnt in fu!I of c:l cur��a�ccurcd by
<br /> tlil� S:ct�r�yr Inotrur�icnt, Mot•rcvcr,thl� optlon ah:ll not bo oucrcl�cd by Lcndcr If c�c�rc�ao lo prohib{tcd t�y I;,N:i:l 1�,�� r� G4 ll�:�
<br /> datu ot thl:� 3acur�y IncUument.
<br /> I}Londer exerclsa9 this optlon, Lender ehstl fllvo Uorrawoe notico oi acceleratlon. Thu notlxa aha!I pravlda a period c�f not � ��„3.,,+
<br /> '_,� leso than 30 days ham ihs dato tho notico Is de:iv�red or malled MAthin whlah Bonower rnuet pay aq eurns eecurad by tt�le ' ''Iait'"'�-r
<br /> � �W�I� 3 i
<br />--�, ��"" �.. Seca►iry Inatrument, li Borrower fells to pery theae auma pdar to the expiratlon o1 tt►is pe►iod, Lendar may�nvoko any remedles ��� _
<br /> .. perm".ttod by this Socurity IneGvment vQthout turthcr nollco or demand on Borrower. ��,�_,
<br />�� ' 18. Borrov�er•s Rlght to Rsinat�4e� If Bor�owor meets carteln condiilone, Bor7owEr �h«II :��va th� dght to h�vo � �__ ___
<br />_ enfnrcerient ot thts 3scudty Instrument discontlnued et any t(me pdor to the oedler ot: (a) 5 daya (cr euah other pKiod Ma �
<br /> � ' eppl(cabta taw may epecify tur relnstatement) betore sele o1 the Property pursuant to any powe�01 sale conl�ined;n thle uRCUdty �
<br /> • � Inntrument: or(b) entry ot e Judgment entorcln� this 3ecudry Inatrument. ihoae condiilons aro thet 8orrower (�)p�ys Lender aY �
<br /> . aums whlch then would be due under thl9 Securiry Instrument end the Note ne R no ncceleratlon had occurred; (b) cures�ny �
<br />_ • � defaait ot any other covenant or agraomonts: (a)pays ell oxpensea Incurred In enforcing thls SecurNy Instn�ment, inctudfny,but
<br /> riot Ilmited to,reasonabla uttomoys'teas; and(d)takes such actian as Lender may reasonabfy reGulrA to us3uro thet the Nen af _
<br /> this 5ecurity Inetnrment, Lender's rights in the Propaty and Bon�ower's obligatlon to p�y the sums secured by thie Security -
<br /> Instrument eha(I rontinue unchanged. Upon refnstatement by BorTOwer, this 3ecu�iry InsirumRn! and ihe obYgaUons sacured —
<br /> ' � hereby shali rematn fulty etfectNe ss H no acceteratlon had occc�eJ. Howover,this dght to reinatnte aha9 noE eppy In the case
<br /> of acceleratlon under�ntagmph 17.
<br /> , ,: 19. $ple Of (�YOttt; Cb�ange af Loan Servlcor. The Note or a e paAlal Interest In the Nole (topetlior with thts
<br /> Secu�ity Instrumeni)may bo aold one or more times wtthout prior noUco to Bonower.A sate mny resuh In e chenge In the entlty
<br />- • (Imativn as tha'Lonn Scwvlcer') that colieats manthly paymmts due under tho Note and thia Security Inatrument There uao may �.�.;-
<br /> � be ono or more changes of the l.oan Servicer unrc�sted to n sale of the Note. It there Is e change of tha Loan Setvlcer. —�---�
<br /> + Borrower wfU be gNen written notico of the change In accordance wkh parar�raph 14 above and appNcable la�w. The notica wNl
<br /> " stuto the namo and address of the new Loan Servicer and tho eddress to whlch payments should be made. The �otice witl elaa _
<br /> � contaln any other InfortnaUon requlrad by appiicable law.
<br /> 20. Haxardous Substancea. Bortower sh�l not cause or pennit the prosence,use, disposal,storege, or rdc+asa of
<br /> �, any Hezardoua Substancea on or In the Properry. Borrower ehall not do, nor sllow anyone elsa to do,anylhtng aHectinr�the __
<br /> • Property that Is In vlolatlon oi eny E�vlronmental lsw. The preceding two sentences ehall not apply to the presence, use, or
<br /> storage on the Property of small quantkies ot Hazardous Subatences that era gonereily recognhod to be approprkte to normr�l �
<br />- resldential uaes end to maintenence ui the Properiy.
<br /> •• Bortawer shall promptly give Lendar wrftten notico of any Investigetion, clsim, demand, lawsuit or other action by eny _
<br /> •• govemmentel or regutatory agency or prlvate party InvoNing t��e Property end any Hnzardous Subatance or tnvironmental Law ot ____
<br /> - ...,. ..___...__ �oo a��� �Q;yw���, �} g�R��ar i�sams; or Is noUtlad hy nny govcmmental or regulatory authority,that any �
<br /> .- . . . �. .- . . WIII{:11 OY71VIIC1 = "_'�
<br /> romoval or other remedlation of any Hazardoua Substance aifecting F'ropnrty la necessary, 8orrower ehail prompUy taka ell
<br /> " necessery remedlal actiona In accordance with Environmental f..ew. _
<br />-';,,;,,' As uaed In this paragraph 20, 'Hazardous Substances' aro those su6slancea defined as toxia or hazardous subatances by ��
<br /> Environmental Lew and lho toilowing substances: gasoline, kerasene, other ifammable or toxlo poVOleum produuts, toxio
<br /> � � pesticides and herbicldes, volntllo solvents, materlais contalning asbestoa or formaldehyde,and radioact(ve materlals. As used tn �'`°=
<br /> �;-_
<br /> paragraph 20, "Environmental Law" menns federal Iavrs end laws ot the JurisdlcUon where the Property le located that relale to �;.� _
<br /> � hnatth, satery or environmental protec�lon. -
<br /> � NON-UNIFORM COVENANY3. Bortower and Lender lurther covenant and ttgree as tollaws: .•�•�
<br /> 21. Acceleratton; Remedles. Lender shall give notlae to Borrower prlor to acceleratlon ' '�'�
<br /> tollowing Dorrowe�'s breach of anyt cAVenant or agreement In thle Security Instrument (but not
<br /> ;;; �:
<br /> ?rlor to eccolara!!on under paragraph 17 unless applicable law pcovides otherwise). The notic�
<br /> shall epaclfy: (a) the detault; (b) the actlon requlrad to cure the dotault; (c) a date, not less than _
<br /> 30 days irom the date the notice la given to Borrower, by whlch the default muet be curod; and ,
<br /> � (d) that failure to cure the default on or before the date speclfied In the notice may rosult In
<br /> acceleration of ths oums sacured by thia Securlty Inst�ument and sale of the Property.The notice
<br /> �� ;;,!•:� shall further Inform 8orrower of the righ! to ►elnstate after acoeleratlon and the right to bring a
<br /> cou►t action to assert the non-exlc:tence of a de4ault ar any other defense uf �orrawer to ,
<br /> •• ecceleration end sale. If 4hv default Is not cured on or I�eforo the date speo�flosi In the notice,
<br /> �- Lender at its optlon m�y requlre imm�diate payment In fa+fl of all aums secured by 4hls Security �
<br /> Ins4rument wlthout fwrther demand and may Invoke the power of sale and any other rernedies
<br /> •;� .• ' permttted by appllcable law. Lender shall be entitled to collect all expensaa incurred In qursuing
<br /> � • the remedtes provided In this paragraph 21. Including, but not Iimited to, reaaonable attorneye' �
<br /> � �' fees and costs of title evidence. � � �
<br /> . if the power of eale is Invoked, Trustee shall record a notice of dofault In each county in I
<br /> which gny part of the Property is located and shall mall copies of such notice In the manner i
<br /> � prescrlbed by appllcablo law to Borrower and to the other persons prescribed by applicable law. �
<br /> After the time roqulred by eppllcable law. Trustee shall give public notice of sale to the peraone i
<br /> � and In the ma�ner pr�scribad by applica�lo law. Trustee� without demand on Borrower. shall soll
<br /> the Property at public auctlon to the hlghest blddo� at the time and place and under the terma i
<br /> `� ; destgnated In the notice of salo in one or mora parcels and Ir� any order Trustee determines. �
<br /> � ' ' Trustee may postpane sale of all or any parcol of the Propeety by public announcement at the ,
<br /> � ttme and place of any previously schedulod sale. Lender or iZs deaignee may purchase the
<br /> r • PropArty at eny sele. '
<br /> �_ _ -. -_�:- ,- - ��.�...�. .�..o��� .,�t navmont of tha nrlce bfd. Trustee uhall delivsr to the purchaser Truatee's
<br /> � • de�ud conveying the Properly. 4he recitals in the Truatoe's deed shall be prima facfo evidence of '
<br /> f . „ the truth exf the statementa made thereln. Trusteo shall apply the proceeds of the eale In the
<br /> � , following order: (�) to all Qosts and expenses ot exercising the power of eale, and the sale,
<br /> Inoluding the payment of the T�ustee's tees uotuc�tly Incurred. not to exceed three
<br /> �; 9'0 of tha principal amount of the
<br /> note at the tlme of the doclaration of default. and reasonahle attorney's feea as parmfttod by law;
<br /> - (b) to all sums secursd by thls �eourity Instrmnent; anci (c) any oxcess to the perocm or porao�e
<br /> legally entStled to ft.
<br /> � . F131G.LM0(12/93) Pago 4 0l 5 ��� ���—
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