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<br /> • 1[i. �OPPOLJOP'0 �OQ�'{1 t0 �dI11GtGt0. It Borrowcr me.cto cer4oln condltlono. Herro�vcr ohn10 hnva tho ripht to h��t�rlf�t�o1 lhi� � , ' -�
<br /> 9ccuriry Inotnimc�t dlaconlinuad at ony Umo prlor lo Iho c�rfla o4: (a) S cl�yo (or ouch othcr perlod na r.pp!:cab!o I�e� ra�y ctur.lv tor '�.�
<br /> rc!natalcmcnt) bcforo anla o1 iho i�roperty purouant to ony pov�cr o1 ar.lo contalncd In u�ia �ccurry tn�t�un,cr�t; or (b) r.at�y oi c� Jutipr,t�;�t I =_ -
<br /> ontorclnp thl� 9ecudly Inntrumcnl. Thooq condYlonn ero that 6otrov�cr (n) payo lcnder all aum9 which then wautd bo due under ihl�Aecurtry
<br /> Inotrument nnd the Noto had no eccalerallon occurrad; (b) curo� eny det�ult o1 �ny other covenmt or apreamente; (c) paye all exp��as -=-f `
<br /> Incurred In eniorclnp thlo 9ecurly Inotrument, Includlnp, but not Iimlted to, reeaonablo attomoye' fee�; and (d) tnkes euch aellon ee lendet ���!` -
<br /> may rooaon�bry roqulro to aaaure thn the ilen ot thla 8eaudly Inatniment, Lender'o dphte In the Property end Borrawer'e ol�9qatlon to pay .,; �_:���
<br /> �v.;i'•'f�:•�,
<br /> tho numa oacurad by thlo 8ecurity Inotrumenl olmll oontL�uo unchanped. Upon relnetnteaten!by Borrower, thle Secuefty Inettum�nt nnd lhe
<br /> Iobiipatlone oecured hereby aheil remaln futy eltoctNe ee If no accetemtlon hnd oc�urred. Howaver, thla ►ight to �Nnatete ahai not sppy In ,,��• °
<br /> the caso o}accatPretton under pn►epreph 17. � "�'���=�L
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<br /> I 19. Sete af Note; Changs of I.oan 5ervlcar. Tno Noto or a partlnl Inlerest In tne Note (tagether wfth thls securtey Y " - .:r�_�,•..._�
<br /> Instrument) may 6e eold ono or more times without pdor nottco to 8orrower. A sale mey result In a chenpe !n the entltyr (knovm ne the •�''`' �C;�'-,,�;-
<br /> � 'Lonn 3ervicer') that collocto monthy paymento duo under tho Noto and thls Security Instn�mont. There elso may be one or moro chanfles .. ��:,�t..�_
<br /> �� ot tho Loan Servicer unrotated to e sele oi the Note. If thr.re Is a change of the Loen Servlcer, Borrower wlil 6o glvcn wdtten nollco of the ' '}��,,_„
<br /> change In accordenca wlth paregreph 14 ebove and applicable law. The notice wlli afato the name end address o}the new loan Servlce► � .' • '����`°-
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<br /> and the addrese to which paymente ehouid be mado. The noUco wlll ulso contaln any other In(ortnetlon requlred by applicable law. .:,,�s•�,� -�-y—
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<br /> 20. HezBYdaue Subata17C88. Bvrrower shall not cuuse or permft the presence, uae, disposal, starage, or release ot eny :r s,:, ::;, ' y�
<br /> Hazardouu Substnnces on or In the Properly. Borrower ehall not do, nov ntlow anyone else to do,nnylhing atfecting tho Property thnt is In ".' �-"'j
<br /> vloiatlon of any Environmentsl lsw. The preceding two sentences ahail not appty to the presenco,uaa, or atorapo on the Properly of ama11 '�x.�: '��__
<br /> quantfties of Hezerdoua Substances that ere generelly recognizod to be eppr�prlate to nortnal resldentlal uses and to maintenance ot the �"°�
<br /> `.-a:?��^.=�.:
<br /> Property. � ,�.,_;-.^.�au�
<br /> I Borrower ehall promptly give Lender written notice of any InvesUgatton, ctalm, damand,lawsuit or other acUon by eny govemme��tal or ' „„;°��.a_'I%�°-
<br /> regulatop�agency or pdvate parry Invofving the Property and eny Hezerdous Substance or Environmental Law ot which Borrower hns ectuel *e�;:;r,$�
<br /> knowledge. If Borrower Ieams, or Is noUflnd by any govemmental or regulatory suthodty, that any removal or other remedlatlon of any . ,;;,�_�„�_-�°
<br /> Haxardous Subatance aNecttng �he Property Is necessary, Bortower ahali promptty take all necessary remediul acUons in accordance with '`"��"��":'=�;,__
<br /> Environmental Law. ' '�'��
<br /> As used In thls paregreph 26, 'Nazardous Substances' are those substances doflnad es toxlo or hezardous substancvs by ;'•4 ,�;,:
<br /> Environmental Law nnd the following substances: gasoline, kerosene, other flammablo or toxia peVoleum producta, toxio pesticldes anr] ••'��•�"-
<br /> herbicldes, volatite solventa, metedals conteining asbestos or fortnefdehyde, and rodioective matedals. As usod in thls parsgraph 20, � r'�"•`;�++��.--
<br /> 'Environmental Law' means federel laws and tawa of tha Judsdiction where the Property Is located that relato ta heallh, eafaty or ";���_
<br /> environmental protecUon. �
<br /> NON•UNIFORM COVENANTS. Borrower and Lender further covenant and ngreo as follows: •��i�� _ _
<br /> 21. Acceleration; Remediea. Lender ahall c�ive notlCa to Borrowar prior to acceleratian followin9 '� � ,�•E•
<br /> Borrower's breach of any covenant or agreement in thle Securtty lnatrument (but not prlar to ;.; �° ''•
<br /> acceleratlon under peragraph 17 ualesa appllcable law psovldea otherwise). The noilca �hsll epeclty: (a) . ' ' '
<br /> the default; (b) th� action requlred to cure the deteult; (c) a date, not lesa than 30 daye from the date the f ' �.,
<br /> notice la glven to Borrowor, by which the default must be cured; and (d) that tallure to cure the detault on ;
<br /> or before the date apeclfied in the notice may reault In acceleratlon of the eume eacurod by thir S�curity I . '' .
<br /> Instrument a�d sale of the Property. The notice shall fu�ther Inform Borrower of tha right tA rNnrtat� �ft�r � �
<br /> acceleratlon and the rtght to bring a court actlon to easert the non-exlatonc� of a d�fault or nny o4h�r � , � �� ;
<br /> defenee of Borrower to a�celeratlon end sale. If the default la not cured on or befors ths d�t� ep�o(fled In ! �• +''•� �
<br /> � the notice� Lender at Its option may requlre Immedtate paymen4 In iull of all sums aecured by thla Socurl4y ' � ,
<br /> I Inst�ument without iurthar demand and may fnvoke the power of sale end any other remodies parmltted ; .
<br /> by appliceble law. Londer r.{�all be entftiad to collect all expenses Incurred In pureuing the remsdtos •
<br /> provided in thia paragraph 21, including, but not Itmlted to� reasonable attorneys' foes and coats of tttle � �'��'ri
<br /> evldenco. �
<br /> ' If the power of eale is invoked, Trustee shall rocord a notice of default in each caunty in whlch an�l ' �
<br /> , part of the Proparty Is locetod and ehall mail copies of such notfce in the manner qrosarit�ed by eppllcable �•, '
<br /> law to Borrower and to tho othor persons prescrtbed by appltcable law. After the time required by � ::'�!��
<br /> appllcable law, Trustee shall glve pubiic notice of sale to the persu�a and In the manner presa�ibed by �
<br /> applicable law. T�ustee, without demancE on Borrowe�. shatl sell the Proporty at public auction to the �. .s���
<br /> highest btdder at the time and plaoo and under the terms desig�ated in the natlr,e of sale In one or more •�, � • ''��
<br /> parcels and In any order Trustee dc�termines. Trustee may postpone sale of all or any parcel of the • ,��
<br /> Property by publlc announcement at the tlme and place of any proviousty scheduled sale. Lender or (ts ,: �
<br /> � designee may purchase the Property at any sala. • j�
<br /> Upon racelpt of paymont of the price bici. T�ustee shall d�liver to the purchaser Trustee's deed • �
<br /> conveying tho Property. 'Phe recttals tn the Trustee's deed ahall be prima facfe evidonce of tha truth of a .
<br /> the statementa made therein. Trustee shall apply tha proceeds of 4he eale tn the following order. (a) to all
<br /> ' costu and expenses of exercising the power of sale, and the sale. Including the payment of the Trustee's '
<br /> fees actumlly incurred, not to oxceed thrae �t'o of the princtpal amount of the note at tha time of �"'
<br /> the doclaratlon of default, and roasonable attorney's foes as permitted by law; (b) to all swns secured by �
<br /> this Security Inetrument; and (c) any excoss to tho porson or porsons logally entitled 4a It. � '
<br /> 22. ROCOnV8y8t1C0. Upon payment of ell sums secured by thls Securily Instrument, Lender shell requost Trustoe to reconvey the , F_l -
<br /> Property end shell surrender thls Security Instrument and all notes evidencinfl debt secured by this Security Instrument to Trusleo. Trustee :� ,r,
<br /> � shall reconvoy the Property wkhout wartnnty end without charge to the person or pereons legaly entitled to It.Such person or persons shaii �
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<br /> 23. SUbBtitUt9 Trustes. Lender, at Its option, may irom time to time remove Trustee und appoint a successor tNStee to any ;�
<br /> � Trustee uppolnted hereunder by an Instrument recorded In the county In whlch this Security Instrument Is recorded. Without wnvoyance of
<br /> , i tho PropeAy, successor trustee shn�succeed to sli the tftle, power and dutles confeRed upon Trustee herefn and by appiicable lew. ��
<br /> � 24. Roquetzt for Notices. Bortower requests that coples of the notices of detauft nnd sale be sent to Borrower's address whlch �
<br /> Is the Property Addrass.
<br /> , 25. Rtders to thl6 Seeu�ity Instrumont. If one or more riders ere executed by Borrower and recorded togelher with this
<br /> � Socurity Instrument, the covennnts und agreements ot each such �ider shnll be incorporeted into end shall amend end supplement the
<br /> • , covenants end ugraements oi thls Security Instrument es If tho rider�s) were e p&rt of this Scscurity Instrument.
<br /> Form JO28 9/90 , �
<br /> Fa009.1M0(9NtI Paqe a ot 5 ,
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<br /> � 9��00
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