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<br /> • ' 1�. �rans�uP �4 ti�o Pvopo�.�t oP a f�oetoilclal In4oPO�Q Iii9 �10PP�tiOP. I1 oll or any pert�4 tho Prop:rey or • �,.�:
<br /> any Intcro�t In II la aatd or trano}crrcd {or il o bcno11c1�!Intcrest In Borcoti•rcr I� 3old or tmnatcrrcd nnd Hor�oe�cT la not o n��ursl ,�!;;
<br /> p�roon) �vithout Lcndcr'o prlor v1r{ttcn conocnt, Lcndcr m�y,�t its optlon, rcyuiro Immcd!�to pay�icnt In tu�l of cll oum� accurcd b , .
<br /> Ithls Secudry Inatrumcnt. Howe�er, thls optlon ohall not bo oxercl�ad by Lendcr II oxcrG�o {s prohibltcd by (edctal lav�u� 01 th� � _-�»-_
<br /> � data of thla Securf.y Inatrument. ���
<br /> � II Lcnder exerciees thlo optlon, Lender ahali ptva Bortower notice o1 accelereUon. The notice ohatl provldo e perlod o1 nt�� �
<br /> , � laso than 30 days frnm the date tho notice Io delNered or mslled wlthln whlct� Bonower muat pay ell sums sacured by thl�� „ _
<br /> I 3ecudry Inatrument. If BoROwer falls to p�y theso aum�prlor to the explratlon o1 thls period, Lender mey Invoke any remedles� _ _�
<br /> permittod by thln 8ecurtty Inetrument vrlthout fuRher nottca or demand on Bortower. ����
<br /> 19. Borrow�r'� RlAht to RelneRate. II Bortow�r meeto certain conditlona, Bortower ah�0 huve fhe �Ighl to have� �
<br /> enfarcement ot this 9ecurity Inetrument diaconNnued at eny tlmv prlor to the eadler of: (e) 8 daya (or nuch other peilod �a(�} a t
<br /> appiicable iaw mny spacity for relnstatement)betore eala of the Property purouant to nny power ot oele contalned In thla 9ecurlty'�
<br /> Instrument; or(b) entry of e Judgment entorcing this Secu�tty Instrument.Those condlUona ero that Borrower: (a)pey9 Londer aN �
<br /> 3ums whlch then would be duo under thls Security Instmment and the Note as if no accelemtlon hed occurred; (b)cures eny .
<br /> detauit ot any other covenant or agreemento; (cJ pays op oxpensos Incurrad In enforcing this 3ecuriry Inatrumant. Induding, but
<br /> not Iimftcd to,rca�anuble ettomeys'feea; and (dJ takos auch ncUan na Lender mey raesonably requlre to assure that the Ilen of � �
<br /> thls Seai�ity instrument, Lender's rights In the Properry nnd BoROwer's obligsUon to Fay tho sums securad by thls 9ecu�fty �a,,
<br /> Inatrument shall conUnue unehanged, Upon relnatatertnent by Bonower, thls Security Inetrument nnd the obllgatlona secured s���
<br /> hereby ahall remsln fully effective ea II no acceleroUon had occurred. However, thls right to reinstate shall not appty In the case
<br /> of nccelemtion under peragmph 17. �$
<br /> 19. Sale of Note; Change a4 Loan S�rvicer. rne Note or a a partlat intereat in the Note (together with this ._..
<br /> Security Instrument) mey be sold one or rnore times without prior notice to Bortnwer.A selo may resutt in a change in the enti4y ., , '
<br /> (known ne the'Loan Servlcer')thet collecta monthty payments due under the Notn and thlo Security InaVumen� There niso may • Y�' '�'<
<br /> be one or more chan4es of tho Loan Servloer unrelated to a sale of the Note. ii there Is a change o1 the Loan Senricer, _..o,.. �
<br /> Bortowar wiil be gNen written noUce of the chenge In accordanco with paragraph 14 above and applicable law. The notice wiil ..:.,- ''- ___{
<br /> stete the name and address of tho nuw Laan S�vic:r end the nddress to whlch paymenta should be made. Tho notice wlll also . •
<br /> contaln any other Informatlon requlred by appllcable law. �
<br /> ?0. Hazardoua Substances. Bor►ower shalt not cause or pertnft the presence, use, disposal, storage, or releaso of :
<br /> any Hazardous 3ubstances on or in the Property. Bortower shali not do, nor ellow nnyane else to do, anything aftecUng the ; ,�,�_�_
<br /> Property thttt Is In viotatlon ot any Environmental Law. The preceding two aentences shali not appty to the presence, use, ar •,�;:-
<br /> storage on tho Property of small guanUties of Hezerdoue Substances thet are generally recognlzed to be approptlate to nortnal h��
<br /> reaidentlal uses and to maintenence of the Property. �•
<br /> Borrower shall promptly give lender written noUce ot any InvosUgatlon, clalm, demand, lawauft or other actlon by eny ,�''��-. ` `
<br /> govemmental or reguiatory agency or pdvate party Involvhg the Property and any Hazardous Substence or Environmentel Law of , ` -�
<br /> .�l;��h 8�ra::er ns� s�'ae!kn�w�p�!o�' It Ronower i��mn. or Is noUfled by any aovemmentei or regulatory authodty, that nny "-•_� .. __._
<br /> removal or other remediaUon of any Herardoua Substence etfectinc� Property Is necessary, Bonower shali promptly take all ,�--�
<br /> necessary remedial acUons In accordance�vith Environmental Law.
<br /> As used in thls paragmph 20, 'Hazardous Subata�ces' are those substances deflned as toxlu or hezardoua subatancas by � & •�
<br /> i Environmental Law and tho foliowing substances: gasoline, kerosane, otl�er flammable or toxla petro!eum producte, toxlo
<br /> pesUcldes and herblcides, volaUie solvents,materials containing asbestos or fortneldehyde, and radloactive materials. As used In � �� •
<br /> paragreph 20, 'Environmental Lnw' means federal laws and laws of the Jurisdtctlon where the PropoAy Is located that relate to ,
<br /> �� health,safety or envlronmentel protoctlan. , ;j' ��',
<br /> N O N•U N I F O H M C O V E N A N T S. B o r r o w e r a n d L e n d e r(u rt h e r c o v e ne n t and a greo as tollows: i
<br /> 21. Acaeleratlon; Remedies. Lender shall glve notice to Borrower prior to acaelentlon �,-.��
<br /> following Borrower's breach of any covenant or agreement In thls Securlty Instrument (but not '+..
<br /> prior to acceleratlon u�der paregraph 17 unleas appllcable law providea othervvise). The not�ce
<br /> shall apecity: (a) the aiefault; (b) the action requtred to cure the default; (c) e date, not lesn than ',�;,_
<br /> 30 days from the date the notice Is glve�to Borrow�r, by which the default must be cured; and • ' �
<br /> (d) that failure to cure the defa�lt on or before the date speclfied In the notice may result In ( _:;•�
<br /> ecceleratlon of tho suma secured by ti�ls Security Instrument an d sa le o f t he Property. The n o t ice �
<br /> shall further Inform Borrower of the right to relnstate efter accele�atlon and the right to bring a � �«;,�,'`
<br /> couvt actior� to assert the non-existence of a default or any other dofensA of Borrower to ¢.. .
<br /> aaceleratlon and sale. If the default Is not cured on or before the date �pecifled in the notice� . " ' '
<br /> i Lender at fis optlon may requlre Immediate payment In full of all sums securad by this Securtty .'.� ��
<br /> Instrument w(thout fu�ther demand and may Invoke the power of sale end any other r�medies � '�. , .�-•!�
<br /> permlttod by appllcable law. Lender shull bo ent(tled to collect all expensea incurred in pursuing '
<br /> the remedles provided In thls paragraph 21� Including, but not Iimited to, reasonable attorneys' , ;
<br /> feea and casta of title evidonce. `%�
<br /> If th� power of sale is invoked, Trustse shall record a notice of dofault in eaah county i� °�' �
<br /> whlch any part of the Properly ia located and shall mall coplea of ouch notice in the manner i �
<br /> � prescrlbed by a�pplicable !aw to Borrower and to the other persons prescribed by applicablo law. „ '
<br /> After the tiene requlred by pppticablo Iaw,Trustoe shall give publlc notice of sale to the persons
<br /> and tn the manner proscribed by applicable law. Trustee, wtthout demand on Borrower, shall aell ��'
<br /> . ti�e Property at public auctlon to tho highest bidder et the time and place and under the tertna -
<br /> deslgnated In tho nottce of sale in ono or more parcels and in aroy ordvr Trustee determines. � ;
<br /> Trustoo may postpone sale of all or any parcet of the Properfy by public announcement at the h{
<br /> time And place of eny previously scheduled sale. Londer or Its designee may purchase the , �
<br /> Property et any salo. .- �f;
<br /> unon racot�t of navment of the urlce bid, Trustee shall deltver ta the purchaser Trusteo's ,_ ..
<br /> � doQdreonveying the Property. The �eCitals in tho Trustee's dood shail ho prima facio ovldenco of � �
<br /> � the truth of the atatemonts made theroin. Trusteo ahall apply tho proceeds of the �ale In thv •
<br /> , following ordor: (a) to all coatn and expenses of oxorcfsing the power of salo, t�nd the sAle, �
<br /> inaluding the paymen4 of the Trustoe's fees actu�lly incurred, �ot to exceod three j
<br /> � 9'0 of the princtpel amoun4 of the - � .
<br /> noto at the time of the declaratlon of default, and reasonable attorney's fees aa permltted by law; � �
<br /> (b) to all sums secured by this Security Inetrument; and (c) a�y oxceas to the person or persons
<br /> ; legally ontitled 4o it.
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