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<br /> .. , . Iy.Tra�isfcr o�'tl►e i'r�qzirly ur u 13cnc�lciiil lutcrcat In Qlorrowc►•. IP';dl ur any p.�rt of ihc Pruperry��r any inlcr�til III Il „�
<br /> ' is�old or transfcrred (nr if a bcneticiul intcrcxt in [3orrowcr iti tiold or tr.uisfcrrcd and Rorruwcr iti nut n natural personl �vitliout • .
<br /> , •. ` I.endcr's prinr wriucu consent. Lcndcr may, nt iiti ��ptiun, rcquirc imnudi�uc paynunt in full ��f all sums sccurcd by this —
<br /> Sccurity Insirumcnt. Howcvcr, this uption shnll not hc cxcrciscd hy Lcndcr if cxcrcuc�ti prohihitcd by f'cdcrul law ati of thc datc . —
<br /> � ,, of this Sccurity Instrwncnt. � ' "
<br /> ' . If I.cnder exerciscs thi•;optinn. Lendcr�hidl givc Borrowrr naticc uf ucrcicration. The noticc shall prc,vide u period uf not .��:�;,1# °
<br /> ' Icss than :�0 days from thc datc thc noticc i� dclivrrcJ ur muilcd within which 13urmwcr must pay ull �ums s�curcd by tliis -
<br /> � Sccurity Instrument. If Burrowcr fails to pay thcsc wmti prinr to thc cxpu�atiun ot thi+p� d.I..endcr miry invc�kc any rcmcdics . �.,,y;:=--
<br /> • permittcd hy this Securiry Instrumcnt without funhcr notir�.ur�Icmw►d im Hurrowcr. �">.,`< ���;:�'__—
<br /> IR. Iiorrowcr's Rl�;hl ta Relnstnte. If H��rruwcr mcets ccrtiun c�mditi��ns, Borrowcr tihall huvc tiic right to havc ,�.��
<br /> enforcement of this Securiry instrument discontinucd at any time prior to the earlier ot: (a) S days (ur such nthcr period as , ,
<br /> applicablc la�v rnay tipecify for rcinstatcntcnt) hcfnro salc of' thc Property pursuunt to any powcr of scdc containcd in this � ' • • '��
<br /> Sccurity Instrumcnt; or(b)entry of ajuJgmcnt cnforcii�g this Sccurity Instrumcnt.Thosc conditions urc that Bi�rrowcr. (a)pays j • • `. � �
<br /> - Lcndcr all sums which thcn would he duc undcr this Securiiy instrumcnt and the Notc as if no accc lcratian had occurred; (b) � • = --
<br /> cures any det'ault oF any ather mvennnts or ugreements; (c) puys all expenses incurred in enforcing this Securi[y instrument. ��,+�;�:�;;�
<br /> � including, but not limited tn, reasonable uttorneyti' fees; unJ (d) tnkes such action us L.ender may reasonably reyuire to assure :,�....r:�;:�;�.;�;�,w
<br /> that thc lien of this Sccuriry Instrumenl, l.cndcr's rights in thc Pmperry and Borruwcr',obligutian to pay the sums sccurcd by �;•"'•"'?c:r�r��":'—
<br /> this Sccuriry Instrumcnt tihall continuc unchangui. Upon reinsuitement by Borrowcr, thiti Security Giserument und thc .;�.���.:�,.,:��`
<br /> � obligations secured hereby shall rcmain f'ully effective as if no acceleration hnd occurred. Hawcver, this right ro reinstute shall :':.�;�':"-"�:
<br /> _,� ��,
<br /> , " not apply in thc casc of ucccicration undcr puragraph 17. •"�x�=?�=
<br /> " 19. Sale of Note; Chunfie af I.onn Servicer. Thc Natc ur a puitiul intcrest in thc Nntc (tugcthcr with this Sccurity +'-`••''=���"-"`�"'��""'
<br /> lnstrument)tnay be sold onc or morc timeti withnut prinr uoticc w Borrower. A salc muy result in u chanfic in the cntity(known , ��`y:_._..�
<br /> � as the "I.oan Servicer')that collects monthly payments due under the Note and this Security Instrument. There also m�iy be one '�� `=�=;=="="""�
<br /> =.,�z�--
<br /> . or more changcs of thc[.oan Scrviccr unrelated to a salc of thc Notc. If thcre is a changc of thc L.c�an Scrvicer, Borrower will be __.
<br /> given written notice of the change in accordance with para�r.iph 14 ubove and applicable law.The nutice will state the name and ' wr:�_,z,t,:.
<br /> � `� . address of Ihc ncw Loan Scrvircr anJ thc ad.lress tn which paymcnts should hc mada Thc noticc will ulso rontain uny othcr , : ,; ..�:�:._.
<br /> � information rcquired hy applicablc:law. '�$r(i�;�y ��;
<br /> " 20. Hazurdous tiubstances. Borrower ,hall uut �au+� ur perniit thc prc�cn�c, usa dispc�sal, storagc, or rcic:inc of uny ���.�•.{'- � --_
<br /> ' Ha�rdous Substanccs on nr in thc Property. Borrowrr shall not Jo, no� allow unyonc clsc to do, anything affccting the '"�°'".;'�"�:" ---
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<br /> Property that is in violation uf any Environmental Law. The prcceding twa sentences shull not apply to thr, presence, uce, or � ...��_--_
<br /> storugc on thc Property of small yuantitics of Hurardous Substanres that are gcnerally recognir.cd to hc appropri•rtc to n�rmal '�'ti,;,�:
<br /> residcntial uscs�nd to maintenan�c of the Property. . :�;�
<br /> " • Borro�ver�haU protaptly give Ixnder written notirc uf any investigation, claim, demand, lawsuit or ottier action by any
<br /> . ;.. ,
<br /> _ govemmcntal or regulatory c�gcncy ur privatc party involving thc Property and any Hazardous Substance or Environmcntul Luw `._�;�.�..
<br /> — ..f whl�h �L,rrnaynr���c art��al lrn�iwlrilar If'R��rrnwrr Ir�rnc. or i� notiticJ hy any covcrnmcntal nr rcgultttorv �LLIh01'IIV. Iha[ {�� :
<br /> uny rentoval ��r other remediation of any Ha•rardous Suhtitance affecting the Property iti necetisary, Borrower shall promptiy take �_
<br /> � all necessary remeJial actions in accordunce with Environmental Law. °,:
<br /> As used in this parugraph 20, "Hazardous Substanres" :irc those suhstanees dcfincd as tuxic rn• hazardous substances by ' �
<br /> ' " Environmental Law :md thc following subst.inres: gasulinc, kcroscnc. othcr Qammublc or toxic pctrolcum products, toxic �
<br /> ° ' pesticides and herbicide�, vol:ttile xolvents,material�rontaining ashestos or fi�rmaldehyde,und raJioactive materials.As used in
<br /> _ this paragraph 20. "Environmcntal L:iw" nte:tns f'cdcrul la�vs und lawti uf tlic jurisdiction whcrc thc Properry is locatcd that �,�,
<br /> relate[o health, safety ur envircmmental protection. �`�'.�
<br /> NON-UNIFORM COVENANTS.Borrowcr and Lendcr further rovcnant anJ a�;rce as follows:
<br /> 21. Acceleration; Remedies. I.cndcr shull �ivc notirc to Borrower priar tn�ccclerallon followin�Dorrower's breacl� �•-•.,
<br /> of any covenant or n�reement in thls Security Instrument (but not priur to acceleratlon under pura�raph 17 unle.�.s �,�p-;
<br /> , applfcabte law prov(des othertivise). 1'he notice tihull speclfy: (u) the defnult; (b) the ncNon required to cure the defnult; �:F .
<br /> � - (c)u dnte,not less than 30 duys from the dute the notice is glven to Aorrower, by which the default must be cured;nnd �
<br /> (d) that failure to cure the default on or before the diite speci�ied in the nutice may reyult in acceler�tinn ot the sums �.� � _
<br /> secured by this Security Instrument nnd sule of the Property. The nottce shull !'urther fnform liorrower of the ri�ht to �� � ci,;,;,,—_
<br /> relnstate ufter nccclerntion und the ri�ht to brinF t� court uction to assert tl�e non-existence of a default or any other • ; � ��r,
<br /> defense of�orrower to i�ccelerution nnd sule. If the default is not cured on or befare the dnte speci�ed in the nottce, ^ •. �% � -
<br /> Lcnder, nt its opfion, may require inunediate payment tn full ��f ull sums sccured bv this Securitv Instrument withoe�t '•�"� ��
<br /> furthcr den»nd und may invoke the puwer nf sule und uny other remedics permitted�bv anplicable lu�s. I.endcr shull bc ,$
<br /> entitled to collect ull expenses Incurred in pursuin�the remedtes provided in this purA�ruph 21, includin�,but not limited �r�
<br /> to,rcasnn�blc attorncys'fecs and costs of title evidence. ��-_:
<br /> , �•� � It the po�ti�er of'sale is invoked, Trustee shnll r��ord u notice uf drfuult in euch county in which nny pnrt of the ., .
<br />� _ I'roperty is locnted und shall muil copics of such notice I�� thr manner prescribed bv applicabie law to I3nrrower end to •�� �,
<br /> � the uther persons prescribed by applicuhle li��v. After the timc required by uppl[cuble li�«•,'1'rustee shull�ive public notice • r�°�
<br /> of sulc to thc persons und in thc manner prc�crihed by applicublc lu«'. 'I'rustee. ��•ithout detnand on Borrn�ver, shall sell ��`' �; :
<br /> � the Property ut public uuctbn to the hf�hest bidder i�t tlie time and pince aod under the terms desi�nuted in the noNce of •�
<br /> ' sale in one iir more purccls�i�d in uny ordcr Trustec determinc�. '1'rustee maiy pnstpnne sale of s�ll or uny parcel of the �
<br /> ° . E'roperty by publlc announcement ut the time i�nd place nf any previously scheduled sale. Lender or its dc�i�m�c mav I
<br /> ' purchase thc Property at uny sule. '
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<br /> Form 3028 9/90 � s
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