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<br /> " 17. 4rane4or of tho PPOperty or � BeneflclAl Intereat lo Dorrarrrer. H all or eny part o}tho Property or • ` =�,�..
<br /> , nny intcrcat In Il I�noltl or trnnutcncd(or li n bcncficlal Intcrcyt In Borrovrtt lo ao!d or trunnfcrrcd and Borro:�a!a not a nstum! � w
<br /> pe.roon)without l.cndcr'o prlor�Y��2c� canocnt, Lcndt�m�y,ot Ito optlon, rc�ulro Immed!�to pnyn�nt In Aifl 01 n!1 auma occurcd by .'�.
<br /> thi� S�curiiy Inatrurncnt. ilo�fc.vcr, Ihl�optlon ahall not bo excrclacd by Lcndcr If o�tctcl�o Is p�rohibltcd by(cdcrcl I�e�na o1 tiiv ,,�.,
<br /> ' dato 01 thts Securfty Inatrument. ----'
<br /> � N Lender exercises thlo optlon, Lender she{I plvo BoROw�r notico a1 acceleretlon. The notico ehall provldo e pedod o1 npt ��-`��
<br /> " , � teee thnn 30 daye from the dato the notico la dc�Nered or meited withtn whbh BwroNCr muat pey ell sume eecwed by tht� , �
<br /> , •, Seairlry Inetrument. II B�rtowe►Ielia to pey lheso oume pdor to the explretlon ot lhla pedod, Lendcr may Invoke Any remcdles
<br /> permitted by thls Securf►y Inatrument wilhout further notice or demmd on BoRav�er. �`�"
<br /> �� 18. �errowar'e Rlyht to Relnetet�. Ii Borrower meela certeln canditlene, Borrowor ohnA havo tho rl�fit to hevo ��
<br /> enforcemont o1 thls Secudry Inetrument disconlinuod et �ny time prlor to the eaAier of: (a) 5 deye (or euch mhe► perlod As � , � ,�
<br /> eppflcable law may epecity tor rNnatetement) betore oale of the Property purauant to any Wower o} e�le contdned In thia Security ��"
<br /> • Inetrument; or (b)entry o1 a Judgm�nt onfarclnp thls Secudry Inotrument.Th�ao conditlons are that Boirower (e)pay�Lnnder ail
<br /> auma whlch then would be due under thla 3ecuriry Inetrument end the Note as it no accNeretion hed oacuRed; (b) cure�Rny �
<br /> delnuft ot any other covenent or agroanant�; (o) payr3 afl e>•.penses Incurted In entorcing this Sacudry Instrument, Inc!uding, but —
<br /> not Iimlted to,�aesonable uttomoys' fees; and (d)takes such action as Lender may renaoneby requlre to assure that the Ilen ot �
<br /> �� thls 3ccuriry Inatniment, Lender'e rights In the Properry end Bonower's obll�etlon to pay the aum9 securod by thls Secudty ,� "�'
<br /> •� InsVument ehaU continue unchanged. Upon reinstetement by BoROwer, this 9ocurfty inatrument and the obllflatlons aecursd ' • � ,;' -
<br /> „ � hereby ehall remaln tully aHeclHe ea I}no accHereUon had occurted. However,thls dpht to teinstate shall not npply in the case . ��4t'
<br /> ot acceleraUon under parapraph 17. • �' '
<br /> 19. Sale oi Note; Change of Loa� Servicer. rne Note or Q n partial Interest In the Note (together wfth this +'�'
<br /> " Securiry Instrument) may Ao sold one or more tlmes withaut p�lor notice to BoROwcrr.A ente may result in e change In the mUty ,
<br /> (known ss the 'Loan 3ervlcer')that collecte monthy payments due under the fVate end this 3acurity Instrument. 'fhere ulso may `' ����'i
<br /> be ona o► more chanfles of the I.oan Servic.w unreiatod to e sale of the Note. If there Is a chenge o} tha Loan Servicer, � � '
<br /> Borrower wid be gNen written nottca o(the chanflo In eccordsnco wfth perapmph 14 abave and applicable law. The noUce will f ��:�.�,
<br /> atate the name and address o}the new Loen Service►and the address to whlch pvymente should be made. The nottce wlll nlso � �'`���"�'
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<br /> , conlnin any other Intomtotion requlred by applicablo law. '�i . '�,
<br /> . 20. Hazardoue Subst�neea. Borrower ahall not cause or permit the presence, uae, dlaposal, storage, or releese of -"� "
<br /> nny Hezardous Substancos on or In tha PropeRy. Bonower shall not do, nor ellow enyone eise to do, �nything nifecting the ��-�
<br /> PropcYly thet Is in vlolation of eny �nvironmental lsw. The preceding two eentences ehall not apply to the presonca, use, or +��--
<br /> storafle on the Property of small quantitlea of Hazardous Substences that ere generally recognized to bo nppropdate to nortnal ' ''�'�_`'"-�-.
<br /> resldentlal uses and to maintonance o1 the Ptoperty. �"�4°�`���
<br /> Borrower ehall promptly gNe Lender wrltten notico of any Investigation, clalm, domand, Iawsult or other actton by any ;���J°
<br /> govommentai or repulatory agency or prtvato party Involvinfl the Property end any Hezardous Subatance or Environmental l.aw o1 ,�,� r,yf
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<br /> whlch Borrowe► has actual knowledge. If Borrower leams, or Is notNled by any govemmentel or regulatory authority, thet any '",';.�=— --,�._
<br /> _ . _.___._-. .n�.;;.�ygi ^� ^2�or i.�g.lint�n� n/ �� ►�n�ar�imiA $��hatanrn MfAr.tlnn Pronnrty Is nncessary. Bonower ohall QromptlV take HII '�-'+��
<br /> � � necr�seury remedlal actions In accordance with EnvlronmenVil Law. �!�''� '
<br /> As used In thls peragraph 20, 'Hazardous Substances' nre those substencos deftned ao toxta or hazardous substences by .� i�
<br /> Environmental Law and lhe following substences: gasollne, keroaene, other flammublo or toxlo petroleum producta, toxio ''
<br /> pesUddes and he�blcides,rolatile soNents, mnte►1als cantalnin�nsheatos or tormaldehyde, and radloactive materials. As used in ''�'��
<br /> paragraph 20, "Envlronmental Law' means taderal lawe and lawa of tho Jurisdictlon where the Prqperry Is located thet relato to
<br /> " haafth,setery or environmental proteotlon.
<br /> � NON-UNIFORM COVENANTS. Borrower and Londer turther covenant end agree ea tollowa: � �,+;t-�'•�
<br /> 21. Accsla►atlon; Remodl�s. Lender shall give natice to Borrower pvior to acceloratlon �',� #
<br /> following Borrower'e breach of any covenent or agreement In thlR 8ecurtty Instrumer�t (but not I ; `' '°
<br /> „ p�IOP t0 acceleretlon under paragraph 17 unless applicable law provldea otherwiso). The notice � q
<br /> „ ehall specffy: (a) the detauli; (b) the actlon requlred to cure tho default; (c) e dato� not Isss than � t
<br /> � 30 days trom the date the notice Is given to Borrower, by which the default muet be cured; and I � u`' i�n•
<br /> ,,�.._�.
<br /> (d) tfiat iallure to aura the defai�lt on or before the date specified In the notice may result In I ' '�' ��
<br /> aoaeleratlon of the suma seoured by this Security Ins3rumont and sele of the Property. The notice ! j "" �
<br /> shall furthor Inform Borrower of the right to retnatate after acceloratfon antl the right to bring a ! < �.'.
<br /> cou�t aotian to assert the non-ex�atence of a default or any other detense of Borrower to 4 ���'.`s
<br /> acceleratlon a�d eale. It the defau�t le not cured on 9r b�tore the dat� specifled In the notice, i`.`.�'
<br /> Lender at Its optlon niey requtre Immedla4e payment in full of all suma sucured by this Security ! "� '�
<br /> ' Instrument wtthout fu�ther demand and may invoke the power of sale and eny other remedlas � r� �
<br /> permitted by applloablo la�a+r. Lender ehall bA ent{tled to collect all expensea Incurred In puras�ing , �`'' ;� ?
<br /> � the remedlea providod In thls paragraph 21, Including, but no! Il�ited to, reasonable attorneys'
<br /> teas end coste of tltle evldence. .`.
<br /> If the ppwer of eale Is Invoked, Truutee shall �ecord a notlaA of defautt in oaoh county tn
<br /> whlcl� eny pert of the Properly la loceted end ehall mall coples of such notice in the manner '�
<br /> prescribed by appllcable I�w to Borrower and to the other persons prescribod by appllcable law.
<br /> ' �� After the tlme �equired by appllcable lew, Truateo ahall 9ive public notice of salo to tt�o persons �
<br /> and In the manner preacribed by epplicable law. Trua4ee� without demand on sor�ower. shall sell ' �
<br /> the Property at g�ublic auctlon to the higheet b{dder at tha time end place and under the terma a
<br /> . designated in ti�e notice of ec+le In on� or more parcels a�vd In any ovder Trustee determtnea. ,
<br /> Trustee may posipone eale of all or any parcel of the Property by public announcement at the
<br /> 41ma and pleao of any �reviounly achedulod sale. Lendor or ItR designee may purchaue the -
<br /> � ' Property at eny ealo. `�'
<br /> Upon recelpt o4 payment of the prlae bid, Trustee shall deliver to the purcheser Trustee's � •
<br /> dnod rnnvavtnn thn Prnnorlv. Tl�n roel�ala In tho Tructao'a dood ahall ho �rima ta�lo avldoneo nf � '
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<br /> � the truth e�f tho atateementa made 4hereln. Trustee shall epply the proceede of the sele In tho ,
<br /> tollowing ordar: (a) to all coats nnd vxponses of exe�cising the powar of sale. und the eale,
<br /> , includln�the paymont of the Yrusteo's feea actually Incurred, not to oxceod three
<br /> „ , 90 ot the pNncipel amount of the
<br /> � noie at the time of the decleratlon of default, and reasonable attorney's teets �e perenitted by law;
<br /> (b) to all suma aecured by thls S�curity Instrumont; and (c) any excess to tho person or persona
<br /> • ., lepally �ntitled 4o I�.
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<br /> F1J7G.LM�(t0194) Pag�4 0,s �, �.�y�
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