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<br /> ' 17.Trnnsfcr uP thc Praperty or n Bencficial lnterest in liurrmser. If all or uny puh of tiu Pr��pe�or imy"'fntcrest in it
<br /> . is sold or transferred(or if:�beneflcial intcrest in 8orrower is sold or transferrcci and Borrmver is nut n uawrnl pers�n)without -
<br /> l.cndcr's prinr writtcn conscnt. I.endcr may, at its i�ption, rcyuire imntccliutc paymcnt in full of all �ums securcd by this �� . _
<br /> � Security lnstrument.However, this option shall not be exercised try l.ender if exerc�se�s prohibited by federul li�w ur uf thc�lute � . • - -
<br /> of this Sccuriry Instrument. �+ '�E'�^-�-
<br /> If I.ender excrcises this option.Lcnder shall givc Borrowcr noticc of accelcrution. The notice shnll providc u period of not (' • —
<br /> Icss than 30 days from thc date ihe notice is dclivered or mailed within which Borrower must pay all sums securcd by this f �_
<br /> Sccurity Instrument.If Borrower fails to pay these sums prior to thc expiration of this period, I..ender may invoke any remcciics � ; . .���.�,
<br /> perniitted by this Securiry Instrucnent�vithout further notice or demand on Borrower. � ' "�
<br /> 18. Dorrower's Rl�ht ta Retnstute. If Borrower mects cenain conditions. Borrower shull have thc right to have ��. :- - _ •� .,;,�-.`
<br /> enforcement of this Security Insirument discontinued at any time prior to the earlier of: (a) 5 days (�r such other periud as V, - -
<br /> applicable law may specify for reinstatement) before sale of the Pro ert ursuant to un ower of sale conmined in this ��������=�^-'"'
<br /> P Y P Y P �.,,,.-�,�;t'-
<br /> Sccuriry Instrument or(b)entry of ajudgment enforcin�this Security Instrument. Those conditions are thut Borro�ver: la)pays �';,����:�:;T--
<br /> Lender all sums�vhich then �vould be due under this Securit [nstrument nnd the Note as if no acceleration hnd occurred; (b) '�-�'`'�':�t�`���_
<br /> cures any default of an,y other covenants or agreements; (c)pays all expenses incurced in enforcing this Securiry Instrnm�nt, ' �_'.��r � `�"Y"°
<br /> .�.,,�r;.•�—_—
<br /> including, but not limited to,reasonable auorneys' fees; and (d)takes such action as Lender may reasonably requtre ta assure '`�i` ''`s�"'�""'
<br /> ;�•�t.:�s------.
<br /> that thc lien of this 5ecurity Instrument. L.ender's rights in the Praperty and Borrower's obligation to pay the sums secured by ;�_
<br /> [his Security lnstrument shall rontinue unchanged. Upon reinstatement by Dorrower, this Securit Instrument and the !'--
<br /> Y ers:._T,�..,n._.:—- --
<br /> • o6ligacions sr,cured hereby shaU remain fully effective us if no aerelera[ion had occurred. However, this right to reinstate shall ��•--------
<br /> nut apply in the case of accelerution under paragraph l7. �"`�"����
<br /> 19. Sule of Note; Chnnqe of Loan Servicer. The Note or a partial interest in the Note (together with this Securiry r; , __
<br /> , Instrument)muy he sold one or rnore times without prior notice to Borzower. A sale may result in a change in the entity(known `_"""__
<br /> �:,--�:��
<br /> � as the"l.oan Servicer")that collats monthly payments due underthe Note and this Security Instrument. There also may be one
<br /> or more changes�f the Loun Servicer unrelated to a sale of the N ote. If there is a change of the I.oan Servicer,Bonower will be Y.,��.y=--
<br /> �iven�vritten notice of the change i n accordance with paragraph ld above and applirable law.The notice will state the name and ���"i�-�
<br /> address of the ne�v Loan Servicer and the address to which pay ments should be made. The notice will also contain any other �_
<br /> information rcquircd by applicablc law. gq;,.•,•��—�
<br /> 20. Hazardous Substances. Borrower shall not cause ur permit the presence, use, disposal, storage, or releuse of any - -
<br /> Hazardous Substances on ur in the Property. Borrower shall not do, nor allow anyune else to do, anything uffecting the =- , :
<br /> Propeny that is in violation uf any Environmental Law. The preceding two sentences shall not apply to the presence, use, or ,••
<br /> _.._ ��r�rnon nn r�� f�r�n�r�v nf.m:��I i����ntitic���if H:iY:tid��uc Suh�la nres that are ecncrally rccognizcd to be appropriate to normal ��i • !t'�!
<br /> .-.«b....... . r" �
<br /> residential uses and to maintenance otthe Propeny. ��"��=
<br /> Borrower shall promptly give Lender written notice of any invcstigation, claim, dcmand, lawsuit or other action by any .`-� , "9
<br /> .�°� governmental or regulatory agency or privute pa»y involving the Property and any Hazardous Substance or Environmental Law . ". ?��•
<br /> of which Borrower has acwal knowledge. If Borcower Ieams,o r is notified by any governmental or regulawry authoriry, that -_
<br /> any removal or other remediation of any Hazardous Substance affecting the Proper[y is necessury, Borrower shall promptl}� take
<br /> all necessary remedial actions in accordance with Environmental L;iw.
<br /> As used in this para�raph 20, "Huzardous Sub,tsnces" are those substances de�neci as toxic or harardaus substances by '•�'
<br /> Environmental Law and the following suhstanccs: gaso!inc, kcrosene, othcr flummablc or toxic petroleum products, toxic t', t;�,
<br /> . pesticides and herbicides,volatile solvents,materials rontaining�sbestos c�r formaldehyde,and radioacnve ma[erials.As used in �, ..%t � -
<br /> � thi� paragraph 20. "Environmenial L.aw" means federal laws�uid la�vs of the jurisJiction where the Property is located that ` ;,a f,�
<br /> relate to hcalth,safcty or environntental protection. f �:`1;"=1g
<br /> NON-UNIFORM COVENANTS. Borrower and Lcnder further covenant and agrec as follows: � ';. �`d
<br /> 21. Acceler-atlon;Remedies. Lender sha0�;ive notice tn Borrmver prior to uccelerntion following Borrower's brestch , .,;,';
<br /> of uny covenAnt or Agreement in this Security Instrument Ibut not prior to ucceleration under paragraph 17 unless � e•, �:;,,='---
<br /> applicnble luw providcs other�rlse).The notice shall specif}: (a)the default; (b) the action required to cure the default; i � � _
<br /> (c) a date,not Iess than 30 da}�s frmn the dnte the noNce is�(ven to Borro�ser,by which the default must be cured; and ;,;�� � . __
<br /> (d) that failure�o cw•e the default on or before the date spa�ci�ed in the notice may result in accelerntion of the sums =
<br /> secured by this 5ecurity Ins?rument�nd sale of the Property, The uotice shall further inform Borroa�•er of the rlght to „ �� �
<br /> reinstute after accelerntlon and the ri�ht t� brin� n court uction to aatiert the non-existence of a default or any other ;.'F"�'ri
<br /> dcfcnsc of Harro�vcr to uccelernt[un and sale. If the default is nut cured on or before thc date s�ecified in the notice, ;!►�.'�'
<br /> Lender, at its opt[on,muy require irnmediate p��•ment in full nf s�ll su�s secured by this Security Instrument µ�ithout �
<br /> ' further demand and mu invoke the u«•cr of salc und unv c�ther remedies ermitted by a licable luw.Lendcr shull be �'�
<br /> Y P p Pp r,:.•.��,::
<br /> • entitled to collect i�ll expens� incurred in pursutn�the mmcd ies provided in this parugruph 21, Including,but not Ilmited •h,, , , � �
<br /> to, r�.�sonnble attorneys' fces und costs of tftle evidence. �� ,r�
<br /> If the pu�ver of suie is invciked. Trustee shall record u notice of defuult in euch countv in �vhich nny part of the ` '.�- �
<br /> ' Property Is located and shall niail co,pims of such notice in tt�e manner prescribed by uppllcuble I��r•to i3orrower�nd to �,7"
<br /> the other persons prescribed byapplicu'ble law. After the timc reyuired by��ppl(cable law,'i'rustee shall�;ive public notice �� �'
<br /> of sale to the persons and in the manuer prescribecl by applicuble iaw.Trustc�, �vithout demand on Borro�r•er. shall scll � i
<br /> the E'roperty at public auction to thc hi�Ghest bidder ut the tit�e und pluce and undcr the terms desi�nuted in the uotice of � �
<br /> sule iu one or more piircels und in��ny order Trustee determfne�.7'rustee m�p postpone sale of i�ll or uny purcel of the � ,
<br /> Property by publtc announcernent nt the time and place of any previousl�� scheduled si�te. Lender nr its dctiignec may�
<br /> purchuse the Property at uny sale. i � �
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<br /> Form 3028 9/90 ��
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