|
, .. �
<br /> ,,... .
<br /> .,. � �
<br /> ., � - - c,rss:�-.
<br /> ' •�
<br /> ..r r+ .. . .- -
<br /> 1' ��,,... i. -- ,� - . „ .• . ,. �.
<br /> � ' :7M/itll`fJ�n �., . ., . � . a � ,. .
<br /> � !�.� +14g, � '
<br /> . ^
<br /> � �.
<br /> ' •.,. ..r..;.,.. � .. .r.d..� - - --
<br /> � � .. .�-. �- ..... .. . • -...._.>_s.ilil �v._..�n...m�.a�..��........�......... . ., _
<br /> .
<br /> i
<br /> ' -si .,� � •4iVM�.
<br /> . . . ..w+�_ ' ..._""'_"'L......5—..L _ _
<br /> . ,,� ' � . . ' ....._._.."_'._'. .. .._. , .. ..
<br /> .. .
<br /> � ...._..'__"'.._.... .. _..:...._...�. . .� r
<br /> „ .
<br /> .. � .�_...�....�.�_....���----_------ ���_ 1�3�.� �``';`=-
<br /> 1�. �P�SiL'BOP F"s��Qi� PP(tj3�P� Of El �'8fl6fICIEII (ibtOPGS�t li� DOfP�iFJC��. If e:l or ony p:ri o! lha RragcYy or � �_'�"-`
<br /> nny Intcr;.�t ln li la oo!�or tr�:nola'tcd (or II o bcic�c!�!Intcrc�t In Qo�aercr 1� nolA or tmnotcrrcr� and Ciorra:rcr t� nat n n:,bl�nl =_---
<br /> p�r�on) elthout Lcnd:r'a p�tor er�itcn conocrd, Lcndcr m�y,at Its opUon,rcqu:ro tr�wi�d'ato��y�n:nt Li tu'.1 04 e'.] cera�eccauaJ by ;, , �-,��
<br /> thls &ecuri.y Inawment.Nowever,th!s optlon ahAil not 6a exaclsed by l.ender II exe��clso I�proh{bited by tedci�l law es o1 tho
<br /> d�te o1 lhfe Securtty IaaWmcnt. ` °
<br /> � 11 Lendef exerclees Ihl� optlan, Lendar ah�N gNo Botrower notka o1 eccderAtlon. The notice ehaN provldn� pertod o1 nol I . -•-
<br /> lesa th�n 30 dr�ya hom the date the notice is dciNered or melled wfthln v+h'ch �orrowc�must pny ntl aumg oeeurtd by tttl9 . •
<br /> Securky Instrument. II Borrower IaN� to pay the�e eum�prior to the enpkti{on ot lhta pe�lod, lender m�y Invoke any�emediee � �. .�.�,_
<br /> permllled by thla Socuriry inaUument v�ithout(wther notiCO or demqnd on Bortower. ' ` ____
<br /> 18. BO��owst's Rlpht ta R�Insrit�. II BoROwer meete catcln conditiane, E3ortawer 6h�H have the tight fo have , , :t�
<br /> entorcemont o1 this Securtty InsUUment discontinued et nny t'�me pdor to the e�Alx of: (�) 5 daye (or auct� othev perWd �e ;.:. �r.,�•;'� _ _
<br /> appllcabte law mey spedfy tor relnstetemmt)botora oate af the PropeAy pursutnt to any power o1 ade conttlned In thie Securfry ,_
<br /> Inatrument; or (b) mtry ot s Judgment enforcing thie Securtty Instrument.Thaae condiUona �ra that Bcrrower. (�)p�►ye Lender d! „;�;,
<br /> 3ums which C�ten �vould be dua under thls Sawrfity Instrument and the Note aa II no accNttt�tion hed ocsa�rred; (b) cures dny ti.!�':
<br /> � defnutt o1 eny other covenant or agreementa; (c) pays all axpens�s incurred in mforclnp thls Seeudry Instrumont, Induding, but � r
<br /> not Ilmfted to, reesnnable attomays'tees; and (d'� 13kes such o�tlon na Lender mny r�sanebly requke to nssuro thet the Ilm of .�``
<br /> this Secudty Iflstrument, Lender's tlghts In the Property end Borrower'o obflgaUon to pay tho sums securcd Ey thls Security �
<br /> Instrument ahnll conUnue unchenc�ed. U{�on relnstatc�tnent by Bortower, thls Secudty Inshumen! end thm obtignUons securcd , ��
<br /> hr.raby shall remaln Nity eHecthre as ifi no ucceleraUon had occurred. However,thls�ighb to relnctato sh�N not appy In the case ; h��.:
<br /> 01 acccleration unda paragreph 17• � �`',
<br /> 19. Sale o! No4e; Chiinge ot Loen Servicsr. Tho Note ar a a partlel Intcrest In the Note (together wfth tMs
<br /> . � Securiry Instrument)may be 6old one or mare times withou4 pdor noUce to Borrower. A sate may rasutt In �ch�nge In ihe entit�+ ,,,r,�,..'����_
<br /> .,�.-••�
<br /> (known ao the 'Loan Se�vicer'y Qhet coitects monthty pa�r►trnts due under lhe P1ote nnd ihSs Security InsWment. There efso ensy ._ ,�;►-
<br /> be one ar more changes o9 tho Loen 3ervicer unrelated to e saio of tho Noto. If there Is e chnnge of the Loin Servicev, -%�_;, ,
<br /> Bortower wllt 6o ghre� wdtten noUce ot the change in eccordance wfth paragreph 14 ebave and epplieab►e law. The notice will �..,;�Y
<br /> stata the name and udd�ess o1 tho now Loan Servlcer end the address to whlch payment�should bo made. The noUca will atso -•� _
<br /> cantain eny other Informatlon requlred by epplicabla law. • . �
<br /> 20. Hazardoua Substanees. Borrower shall not cuuse or permft tho presence,use, disposel, storaga, or relonse of ' ��
<br /> eny Hazerdous Substences on or In the Property. Borrower sheH not do, nor a{low nnyone else ta do, enythhg sftecUng tho �� ; ---
<br /> Fropeity thnt Is in vlolaUon oi any Envlronmental Law. The preceding two sentences ahall not n(ipy to the presence, use, or �• _
<br /> storage on the PropeAy af smell quantlUes o1 HazEUdouo Substances that ere generaly reco�nized to be epprop�iate to nortnal . :r� �`
<br /> az u
<br /> residenttal uses and to maintenanco 01 the Propertyr. ••�. _
<br /> BoROwer shnil prompty ghre Lender written notico of any Investigatlon, clalm, demand, lawsult or other actlon by xny �� �
<br /> e�ovemmental or regutatory agency or private paAy InvoNing the Property nnd eny Ha7srdous Substance or Envkonmental Law of
<br /> ' which Borrowe! has actuai knowiedgn. S S��i�:�:� 7��-s, �r t%^a�'P.e:! �; °—"•; �^+�`�'mantal or reaulatory euthorily, that any �__� _�:�`
<br /> removal or other remediatlon of any Mazardous Substance aHecting Property Is necessnry. BoROwer shafl prompily take a11 �_
<br /> necessary remedinl acUons In accordanca with Envlronmental Law. � 1 ;y
<br /> As used In this paragraph 20, 'Hazardous Substances' are thoso substances defined as toxlc or hazardous substences by I ._
<br /> Environmentat Law end the following substances: gasotine, keroseno, other flammable or toxlc petroleum products, toxic .g
<br /> pesUcldes and herblcldes, volatile soNents, materlals conWining asbestos or fortnaldehyde,and radloactNe matedals. As used In � :�; �
<br /> paragraph 20. 'Environmental Law' means federal laws end laws of lhe Judsdictlon whero tho Property is loeated that reiate to
<br /> heatth, sefety or environmentel protectlon. � ,��+� �
<br /> NON-UNIFORM COVENANTS. Bortower and Lender tuRher covenant and agree as tollows: • , • ,� %
<br /> 21. Acc�leratlon; Remedles. Lend�r ahall give notica to Borrower prior to acceleratlan � , �
<br /> � . following Borrowor's breach of any covenant or agreement In this Secu�ity Instrum�nt (but not '
<br /> • ' prior to acceleratlon under paragrspfn 17 unless applicabfe law providea otherwlse). The notice
<br /> shalt specliy: (a) the default; (b) the actlon requlred to cure ths default; (c) a date. not less than , :�._�..__
<br /> 30 days irom the date the natice fe given to Borrower� by which the defauit must ba cured; and . . ti` �
<br /> (d) that fafluro to cure the default on or before the dcite specifled tn the �aoilce moy resuit In ,� � �
<br /> acceleratlon ot!he sums secured by thls�ecurity instrument and sale of the Property. �he notice , �
<br /> shall further inform Borrower of the right 4m relnstate aRer accele►atlon end the right tm bring a /�';�,•
<br /> .j cou�t actlon to aasert the non-existence of a defautt or amy other defense of Boriower to � ;'
<br /> � acceleration end sole. If the default ta not cured o� or batore the dete sp�cified tn the nottce, �� ' -
<br /> Lender at tts opt lan may requ lre Imme d i a t e p a y m e n t i c� f u l l o f a l l s u m s s e c u r e d b y tl�Is Securi 3 y .': �►
<br /> � Instrumen! without further demand and may tnvoke the power of sale a�d eny other ror�mci�os '�. , ,
<br /> permttted by epplicablo law. Lsnder shall be entitled to cofloct all expenses incurred in �pur�a�9r+g '
<br /> the �er�ediea provided In this paragraph 21, Including. but not Olmlted to, reasonable a33orneys' .
<br /> �• feea ana9 aosta of title �vldonce. `
<br /> If the� pawer of sale Is Invoked. Trustee shall rosord a notice of defauot in each coun3y► in •
<br /> which any part of thu Proporly is locatea! and shall mall copies of such notice In the mannor �
<br /> � prescribed by appltcabfe law to Bor�mnror and to tt�e other persons prescrfbed by apwUcable law. .
<br /> + After the time �equlred by appllcable law, Trustoe shall yive pubtic notico of sple to the qorsona , �
<br /> and In the mpnner presc�ibed by oppllcable law.Trustea, without domand on Borrower. shall seli
<br /> I the P�aparty at public auction to the highest bidder at the time and placo and undor tho torms
<br /> i dosfgnated In the notice of snie In one or more parcela and In any crder Trustse doterminos.
<br /> Trustee may postpona sale of all or any parcel of the Propertyl by p�blic announcoment at 8ho `
<br /> time and qlaco of any prevlousty schedulod salo. Lender or its designse may purchase the ,}
<br /> � P�operty at any ealo. �
<br /> __.� � _ .�_� .,s u.� ..a..e t.td T...etm chzll dOtGvnr tn the nurch8ser TtuStB�'8
<br /> -�_--- -'�'-�-� -- Y Oft IoGVt t vt aj...o... v. ...v
<br /> doed convoying the Pronerty. The recitals in tho Tru�toe's doad ehail be prima facia evidence a!
<br /> the truth of ttee stu4emen4a made tF�ereln. Trustoe shatl ;+pply the procoads of tho safe In the •
<br /> ' foflov+ein� o�der: (a) to all costs anc� oxpenses of exercisirtg the power o4 sele, and the sale, '
<br /> ineludtn�the paymont of the 7rustee's teos actuaity lncurred, not to exceed threo
<br /> . 45 04 the prinGipal amount of tho
<br /> note at tho tlme oi the declaration oi detault, and reasoneble attorney's fees es perrnitted by law;
<br /> (b) to eli sums secured by thie Socurity Instruonent; and (c) ersy excess to the porson or persona
<br /> � legally entitied to k. •� —
<br /> � �
<br /> � � . ��
<br /> " � F13�G LMa(10/94) Pagc A ot 5 �—=-� --
<br /> � ' I
<br /> I 9J712
<br /> 1
<br /> .. + ..�_---- ------ -...
<br />
|