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<br /> ; . • ' 17.TransPer oP the Pco�rrty or a Beneffctai Interest ia Borrower.If ai!or any part of the 1'roperty or any intemst in it '� :r r''�-
<br /> � " . is sold or transferre�l(or if a 6eaef[cia3 interest in Borrawer is sold or transferred and Borrower is not a natural person)withaut ��-�,-.�'� -
<br /> ` _ ' Lender's ptior written rnnsent. Lender may. at its option. reqvire jmmetiiate paymem in full of all sums secured by this ��, ��;,,,,.,,,�:
<br /> �
<br /> Securiry Instrument.However.this option shall not be exercised by Lender if exercise is pr6hZbited by federal laia+as of the date �°`° �� --
<br /> . - ° ' - of this Security lnsuument . _ _=-_-____
<br /> �� . .r If Lender exerases this option.ixader shall give Borrower norice of acceteration.The notice shalI provide a period of aot ==_ �
<br /> ` . � • less than 30 days from the date the notice is delivened or maiEed within which Honower must pay alt sums secRred by this --_=---
<br /> •��� • - . - . Serurity instrument.If Borrower fails to pay these sums prior to the expitatian of this periad,L.ender may invoke arry rentedies
<br /> <k,. . .- -.. _; pertnitted by this Security Fnsuument without further notice or demand on Borrower. '
<br /> ' ' , , - . 18. Bor�ower's Rigirt to Reinstate. lf Borrower meets cemain conditions, Bonower shatl have the right to have ' _—
<br /> �. • • enforcement of this Securiry Inswrnent d'ucontinued at any time prior to the earlier of: (a)5 days(or such other period as `
<br /> , applicable law may specify for reinstatementj before sale of the P�nperty pursuant to any power of sale oontained in t�iis •�
<br /> . , :" •,'_.,4�•:� Sec¢rity Instniment;or(b)entry of a judgment enforcing this Security Inswment.Tt�ose condirions are that Horrower.{aj pays
<br /> •, - • lxnder all swns which then would be due under this Securiry Instrument and the Note as if no acceteration had occumed; (b� .
<br /> . cures any default of atry other covenants or agreemznts; (c)pays all expenses incurred in enforcing tfiis SecuriLy tnstrum�enF,
<br /> including,6ut not limited to,reasoaable attomeys' fees- and(d)takes such action as I.ender may reasonabiy r�quite to assura
<br /> , �' � that the lien of this 5ecurety Instrument.Lender's rights in the Property and Boirower's obligation to pay We s6ms secured by • �
<br /> ,:. ' , , this Security Instrument shall continue uachanged. Upon reinstatement by Borrawer, this Security Instrnment aud the
<br /> - . . obtigations secured hereby shall remain fulty effective as if no acceleration had o�d.However.tlris right to ieihstate sbatl �
<br /> • �.'`. -• not a 1 in the case of acceleration under ara :
<br /> PP Y P graph 17. ,�
<br /> . � . , . ., , . � 19. Sale of Noi� Change of Loan Servtcer. The Note or a par4ia! interest in the Note{together uriffi this�Securiry ,
<br /> . ... ..
<br /> • , ----- � �nsuumenty may besold one-ormote-times�withoutprior noticeto-$or►bw�r.-�fl3ale-may�Tesult-in�-change in�the entity(known
<br /> .. • , ' as the"Loan Servicer")that collects monthly paymenu due under the Note and this Security Insccument.There also may be ane
<br /> , . , or more changes of the Loan Servicer unretated to a sale of the Note.If there is a change of the Loan Servicer,Horrower�vi11 be � ..,_
<br /> : • given written notice of the change in accordance with paragraph 14 above and applicable law.The norice wil!state the name and
<br /> �• � address of the new I.oan Servicer and the address to which payments should be made. The notice will atso contain any otber
<br /> ,.:. _�'. :. �':.�'.. ;.'�_�..'_ infom�ation�equired bY aPPlicablelaw _ . � _ .
<br /> ' � , . ' �0. Hardrdous Su6stances. Borrower shall not cause or pemut the presence, use,disposal, storage. or release of any -
<br /> • . . . : Hazardous Substa�tces on or in the Ptoperty. Borrower shall not do, nor allow anyone else ta do, any�affeciing ttte '
<br /> _ ,' , , Property that is in violation of any Environmental taw. The preceding two sentences shall not apply to tfie presence,use, or
<br /> . :: ',_�<< :, storage on the 1'roperry of small quantities of Haiar�dous Substances thai are generalty recognized w 6e appropriate to norm9l
<br /> . . • residenrial uses and to maintenanee of the Property. , ,
<br /> _ '' '' liorrower shall promptly give Lender written notice of any investigation.claim,demartd. lawsuit or other acuon by arry _ . �..
<br /> � � govemmental ar regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Iaw �=�-
<br /> , � • of which Borrower has actual fcnowledge. If Barrower leams,or is norified by any govemmental or regulatory authosity. that ��
<br /> '•�� any temoval or other remediation of any Harardaus Substance affectipg the Property is necessary.Sorrower shall prompdy take �•�
<br /> -.----.._.__ all necessary remedial actians in accordance with Environmental Law. --
<br /> . As used in this paragrnph 20. "Ha7ardous Substances" are those substances defined as toxic or hazardous substances by ;�.
<br /> . Environmental Law and the following substances: gasoline. kerosene, other flammabte or toxic petroleum products, toxic •�
<br /> . • pesticides and herbicides,volatile solvents.materials containing asbestos or formaldehyde.and radioactive materials.As used in ,.
<br /> � this paragraph 20. "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that .�:
<br /> ' relate to healtb,safety or environmental pr�tection. _
<br /> � `}�,:��" -' . NON-UNIFORM CUVENAI�TS.Borrower and Lender further covenant and agree as follows: • �-
<br /> .._- , � ' 2�.Acceteration;Remedies.I.ender shall glve nottce to Borrower prior to acceterstion following Borrower's breac6 � '
<br /> , � of aay covenant or agreement in thls Secu4ity Instrument (but not pr�or to acceleration uader paragcnph 17 uniess . ._ ,"-%�- 'f
<br /> • ' ' " • applIcable Iaw rovides othenvise).The not€ce shall s �3'�
<br /> . . _ p peciiy: (a)the default;(b)the adton reyuiced to cure the defaolt; � -a.=
<br /> _._ . .... . _ (cp a date,not less than 30 days fsom the date the not�ce is gIven to Borrower,by wAfch the dePault must De cured;and � ��s�°�=-
<br /> � (d) that failn�+e to cure the dePault on or before the date specified in the rtottce may resvit in acceleratton nf t6e snms '."'�v=���"-
<br />• � � ' , secured by thfs Security Instrument and saie of the Properiy. 'Phe nottce shall 4arther inform Borrower oP the right to ��.
<br /> . � - reinstate ai'ter aceeteratlon and the right to bring a court adion to assert the non-existence of a defanit or any other .,�___
<br />-. � . defense of Borrow�r to acceleratEon and sale. IP t6e default ts not cared on or 6efore the date specifled in the aotice, ',����•=.
<br /> �+• � Lender,at its opiton,may require immediate payment ie full of ali svms secured by thts 5ecunty Instrumeat without �'''� � �:
<br /> � -- , � �- further demaad and may invoke the power of sale and any o4he�remedIe�s permitted by applicable law.I.ender shall be
<br />_, 1�, � .. . eniitled to eolted all expenses tncurred in pu�suing the r�medies provided in thia pae�graph 21, induding,but nat limited . '
<br /> . . . to,reasona6te attorneys'fees and costs oY Btte evidence. �� .
<br /> �}.; : ; � If the power of sale is invoked.Tretstee shall vecord a notice of default in each coutrty in whEch any part of the . ' " � .
<br /> . Property is tacated aad shnll mai! cupies oY such notice in the manner prescribed by app![cabte la�v to Borrower and to �
<br /> � �: ., . the other persons prescribed by applicabte law.After the time required by applica6te law,Trvstee shall�ive public natice .� -.�
<br /> � ' � oY sale to the persons and in the manner prescribed by appllcabie la�v.Tnutee,without demAnd on Borr��er,�tiall sell � - � �
<br /> : ! t6e Property at public auction to the hig,hest bidder at the time and place and under the terms designated i�the nottee of �
<br /> • . . saie in oee or more parcels and in any order Trustee determines.Trustee moy postpone sale of all or any parce!of the �
<br /> - . • • Proper2y 6y pnblic announcement at the Nate and place of any �revlousty scheduled saie.Lender os its designee may � �
<br /> _ .. • . Parchase the Pro�erty at any sale. ..
<br /> t • . , . .
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