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<br /> i 17.Tirnnsfcr oi the I'roperry or u Fletic6lcinl Interest In Durrowcr.If all ur;my purt of thc Properry or any intcrest in it ��„,.�.L_:.�.�;a-�
<br />_=�. . ';�_'-=—-
<br /> r �� 4 is so�il or trnnsfcrred(or i(u bencficiul intcrest in Dutro�vcr is sold or t�ansfcrrcd and I3orrowcr is not a natural person)without �:.:,.,,�.,,�;,,;
<br /> � I.�n�ier's pricir �vrieten con�ent. IAnder m�ry, at its uption, rcyuire immaiiute puyment in full of ull surns secured hy this �.� . . _-
<br /> � Scc rity Insu�umcnt.Howcvcr,this uption,hutl not bc cxcrciscci by l.cndcr if cxcrcisc is prohibitcd by fcdcral law as of thc datc y�-'"!�r-
<br /> . ' � ��f t�is Sccurity Inst rumcnt. ''';�n�`�:,-���%.
<br /> fl�. , .th:Jar-_—
<br /> i If Lcndcr cxcrciscs this aption, Lcndcr shall givc Borrowcr notice of acccicratinn. Thc noticc shall providc a period of not � �_
<br /> •• Icss than 30 duys frnnt thc datc thc noticc is dclivcrcd or mailcd within which Horro�vcr must pay all suros sccurcd by this ,�_ '� �, .,:.�
<br /> „ Se�uciry Instrument.If Barro�vcr fnils to pay these�ums prior to the expiration oF this period, Lender may invoke any remedies • ' � �_
<br /> p�rmittcd by this Security Instrurncnt without furthcr noticc ur dcmand on Borrowcr. —
<br /> 18. Iii�rruwer's Idl�l�t to Reinstute. [f Borro�vcr mects ccrtain conditions. Borrowcr shall havc the right to havc
<br /> enforcement of this Security Instrument discontinued at any timc priur to the earlicr of: (u) 5 days (or such other period as �' �"
<br /> upplicablc luw may specify (nr rcinstatement) before sale of the Propeny pursuant to any powee oP salc contained in this �•k u"'
<br /> Security Instrument;or(b)ernry of:�judgment enforcing this Security Instrument. Those conditions are that Borrrnver: (al pays `-� ' ' .• ."��
<br /> Lender all swns which then �+•o�ld be due under this Security Instrumcnt and the Note as if no accelerntion had occurred; (b) - � '�
<br /> „ �ures uny dcfault��f any uther covcnants or a�;rcements: (c) pays all cxpcnscs incurccd in enforcing this Security Instrumcnt, � a
<br /> ; including, but not limited to,reasonable attomcys' fees, and (d) takes such action as Lender may reasonably require to�.ssure ` �., ci5r:, '"`>__
<br /> . that the licn of this Security Instrument, Lcndcr's rights in the Property and Borrowcr's obligation to pay thc sums securcd by •••-� � �-
<br /> �,:li::, ,-' .
<br /> : , tliis Securiry lnsrrume:nt �hall cnntinuc unchanged. Upon reinstatement hy Borrower, rhi� Security Inctn�ment and the - , ... i.-
<br /> obligutions secured hereby shall rcmain fully effcctive as if no acceleratian had occurred. However, this right to reinstate shall ''` `�_-,
<br /> ; not apply in thc casc of acccleration undcr paragraph 17. '_`"'f� '-
<br /> 19. Sule of Note; Chan�e of IA�an Servicer. The Note or a panial intcrest in the Ncuc (togcther wi[h this Security �,� '`�
<br /> ]nstrument)may hc sold onc or rnore tinus without priar notice tu Borrowcr. A sulc may result in a changc in the entity(known , _—
<br /> ' as thc "Loan Servicer") thrt collects monthly� payments due under the Note and this Security Instrument.fhere also m�y be one !
<br /> ur morc rhanges of the l.oan Servicer unrelated to a�ale of the Note. If dure iti a change of the Loan Servicer.Borrower will he . �_
<br /> " given written notice of the chan�;e in.iccordance with paragrnph 14 above and applicable law. The notice wil I state the name and �
<br /> �, address of the new Luan Serviccr anJ the addresti t�� which payments �hould be madc. Thc notice will also contain uny other �;•��,�;:
<br /> s��-—,
<br /> � information rcquired by applicablc law. ,,�c� .
<br /> . 20. Ht�.s�rdous Substanc�. Borruwcr �hall not rsusc or permit thc prescncc, usc, disposal, storagc, ur rcica.rc of any .�.:��fir�-�
<br /> H:t�rdous Substances on i�r in the Prnperry. Borrowcr shall not do, nor allow anyonc el�e to do, unything affecting thc �:::= .•_
<br /> Property that is in violation of any Environmental Law. Thc prcceding t���o ticntcnres ,hall nut apply w the prctience, use, or I =::st�t�
<br /> ,,. . .. . '. -:. .�rn�..o....�� �hn Prnsv,rta� nf cnul( nu:mtitii�c nf�1n�ar�l�ui�Cuha:mrr< Ihat �rr oi�ni�r_�Ilv r��rnnni-nvl In hn �mFrnnriatn �n nnrm��l _ �t"�•`•' .
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<br /> residential uses and lo maintenance of'the Proprrty. ,
<br /> ,.�•
<br /> . Borrowcr shall proiuptly�i��c [.cnJcr written nuticc c�f any invc�ti�*aiion. rlaim. JctnanJ. lawsuit ur c�thcr action by any • i.:
<br /> • governmental or re�ulatory ugency u�private party invol��ing the Properry and any Ha�.�rdouti Subtitance ur Environmental Law '
<br /> of�vhich Borrowcr has actual knowled�c. If Borrowcr Icarns, or is notitial I�y any govrrnmcntal or rcgulatory authoriry, that �
<br /> any removal or c�ther remeciialion of.iny Hai.urdous 5ubstanre affecting�he Property is nccc„ary. Burru�ver shull prompdy take � , ��� �
<br /> all necessary remed ial actions in accordance�vith Environmental Luw. t�.r� `
<br /> As uscd in this paraFraph 20, "Haxardous Substxnccs" are thuse ,ub+tanrc� defincd as toxic or hvardous substanczs by �-,�ti� '
<br /> Environmental La�v and ihr following tiubstanccs: gatioline, ker��senc. ulhcr fl.uiimable or toxic pctrolcum pr��ducts, aixic i . "
<br /> pesticides and herbicides,volatilr solvents. materials cuntainin�astk,tos ur Ic�rmcddehyde.and rudic�artive�naterials. As uticJ in ' ,'�'•
<br /> this paragraph 2U. "Envimnmental Law" means federal la�vs and lawti cif the jurisdiction �ahere thr Property is lor�ted that '
<br /> rclatc tc�hcalth,saCcty ur cnvirnnmcntal prutcrtion. �.;;
<br /> NON-UNIFORM COVENANTS. Burrowcr anJ Lendcr funhcr covrnant and agrec as folluws: '7
<br /> 21. Accelerution; Remedies. I.cndcr shul){;ive notice ta liurro�rer prior to accrlerution foUmti•iny� Hnrro�ti•er's brearh ����`-u�
<br /> � of an�� cuvenant �r i��reement In this Securtty Instrument (F�ut not prior to ucccleri�tion under para�;raph 17 unless �`
<br /> uppllcable law provtdes otheiwvise). The notice+hull specify: (a) the aicfault; ib) the:�ction reyuired to cure the defuult;
<br /> " , (c) u dute.not lcss thun 30 days from the dotc the noticc is�f�en tn Bnrraa•cr, by� ��•hich tl�e default must be cured;und `',�
<br /> ° (d) that failure to curr the defnult on or befnre the date speciiied (n the nntice mar result in acceleratiun uf the sums
<br /> secured by this Security Instraement und salr of the Propert}•. 'Che noNce shull furt6er infi�rm Borro�ver uf the ri�;ht to � �r.
<br /> � reinstate ufter acceleratlnn nnd the right to brin�; ii court action to u+tiert the non-existence of u defnult or anv other I �?
<br /> � defense of Borrotiver to acceleration aud sule. [f die defuult iti not curcd nn or brfore the date specitied h� the notice, ' ��
<br /> ,�� - I.cnder, ut its opcim�, mny require immedinte payment in fuU of aU su►ns s��cw•ed by this ti�tiurit�� Instrununt without `�
<br /> . further demand und may in�oke the po��•er of sale aoid any uther remcd[cs permitted by applicublc lu«•. Lender shiill be ? •k., •
<br /> entitled to cull�Yt a�U expense�incurred in pursui�i�tl�e rem��l[eti pro�idcd in this pura�ruph 21, includin�;. but not limited . ',�
<br /> � , to.reasonable��ttorneys'f��s und costs of title evidence. �
<br /> , . If the pmver of sule is fnr•oked, Trustc�e tihall recurd n notice of defi�ult in uich cuuntv in «•hirh iiny p�rt uf the ! �
<br /> � Property is locutezl nnd shall mnU copics of suc6�notice in the manner prescribed b�• applicublc li�w to linrro�r�rr:�nd to �r
<br /> tlie other persons prescribed by npplicable I�w.After the tirne reyuireci bv app(icaible lu�s,Trust��shall�ive public notice �
<br /> of salc to the pcm�ans und in thc manner prescribed by applicable lu�v.Trustct�, �sithout demand on Barro«•cr, shull scll j
<br /> ° tlm Property at public auction tn the�i�hc.ct bidder nt the time und place and under the terms desi�n�itcd in the notire of .
<br /> � sule dn one or more p:�rcels nnd in uny order Trustee determi�es. Truster mu�� pustpm�e si�le of ull or any parcel ut the i
<br /> „ Property by public announcement :�t the time und pluce uf uny previousl�� scheduled sale. Lender or its dcci�nee mar•
<br /> ' purchas�tlte Prupeny at an}•sale. !
<br /> Furm 3028 9/90
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