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<br /> `�'� 17.TraasYer of the Property or a Beneficia!Interest in Borrower.If all or anX part�of th�Propetty or any"Tnterest in it -
<br /> _'�� "', � • : is sofd or transferred(or if a beneficial interest i.n Borrower is sold or aansferted and Borrawer is noi a natural person)without -•- ,, ��=
<br />_ .. • .<•r . • I.ender s prior written consent, [.ender may, at its opuon, require imm�diate payme�rt in fuil �f all sums secured by this ... -
<br /> -.�'� '' , 3ecurery tnswment.However,this opuon shall noi be exercised by Lender if exemise is prohibite�i by federal law as�f the date ' ti
<br /> �-'� � � of this Securiry Instnunent. . .�.�',.
<br /> _- - � - - If Lender exercises this option, Lertder sGatl give Borrower notice of acceleration.Tt�e notice shalt provide a perind of not �__ °=_�,�-i_
<br />:---, �----- , • less than 30 days from ttte date!he nupce is deliven� or maited within which 8orrower must pay sall sums secured by this --`;5.:` . ,
<br /> '. , • . Sec�uity Insmur.ent.If Borrower fails to pay these sums prior ta the expiration of this period,Lender may invake any remedies � • �'.Y� �
<br /> � ' permiued by this Security Instrument without fuRher natice or demand on Borrower. � � � , �
<br /> �� � ` �` l8. �orro�ver's Rtgi�t to Reinstate. If Bomawer meets certain conditions, Borrower shall have the right to have - .
<br /> -���y • � � enforcement of this Security Instiument discontinned at any ame prior to the�earlier of: (a)5 days(or such other period as � °` ��• �
<br /> r _�•'��,: -". _` . - • applicable la�v may specify for reinstatemeny 6efore sale af the Property pursuant to any power of sale contained ia this � �` •�,
<br /> ' • Security Instniment;or(b)entr�r of a jt�dgment enforcing this Security Iastrument.Thuse co�itions are that Borrower:(a)pays • • i��. �
<br /> . - � ` Lender all sums which then would 6e due under this Security Instrument and the Note as if no acceleradon had occurred; (b) � ` �" r,
<br />- , • `, . cures any default of any other covenants or agreements:(c)pays aIl exgenses incurted in enforcing this Security instrament, ' . -�'��
<br /> . � � , . � inclading,but not limited to,reasonable attomeys'fees: and(d)takes such action as Lender may reasonably require to assure •` �� � ���
<br /> `�',
<br /> ,,.. ,' . . 4 . that the lien of this Security Instrument.Lender's righu in the Property and Borrower s obligativn to pay the sums secured by •�t�`���'
<br /> -4;�..* .�+: -
<br />- ,•. , . _ this Security Instntment shall cantinue unchanged. Upon reinstatement by Borrower. this Security inswment and the ' •t,� .:;.r �
<br />- � , obligations secured hereby shall remain fully effective as if rto ar.celeration had occuaed. However, this right to reinstate shall ;.t�„`'`r
<br /> '� � • not apply in the case of acceleration under paragraph I 7. , �„�,,,,;�
<br /> _ ' 19. Sale of Note; C6ange of Loan Service�. The Nate or a partial interest in the 1Vote(together avith this Security . � �
<br /> • - Iasuument)may be sold orte or more pmes without prior noticG to Borrower.A sate may rQsult in a change in the endty(known ;;;���'�
<br /> ' � � � , � as the"Loan Servicer")thaz coileccc montlil ayments dae under the I�Iote and.this Security Instrument.T6ere also may 6e one: �
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<br /> "{' " '� ' �' ozmnr�changesnflheLoanSenricer.�nmlated�o.asate.ofthe.Note.�Ifthere�is�a-change�f-theL-oanServicer;Borrotiver-will�be-��-�---�_�---
<br /> �;'%' . given written notice of the change in accardance with paragraph 14 above and applicable law.The nauce wi11 state the name and -- --v. --
<br />` • , , address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any oiher
<br /> r� ' jnFormation required by agplicable law. �
<br /> '', 2U.Ra7ardous Sabstances.Barrower shall not cause or pertnit the presence, use. disposal. stor�,or re1ease of any v
<br />_- - , - Ha�udaas Sabstances on or in the Property. Sorrower sfia1l not do, nor allow aqyone.else to slo, anything.affecting tlte : .
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<br /> - �roperty that is in viotatio�of any Environmental Law. The preceding two sentences shal! not apply to t6e presence, use, or ��
<br /> .. ' .. . starage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to aorn�al
<br /> residential uses a1d to ivaintemeace aF the Property. ��
<br /> '' � , Barrower shall rom tI• ve Lender written notice of a�� ���:
<br /> „ _ . P P y gi y investigation,ctaim.demand, lawsuit or other actionby any �_�
<br /> . gavemmental or regulatory agency or pri�a+_e party involving the Property and any Hazardous Substance or Environmental Law �
<br /> . �, . of which Borrower has actual knowledge. If Borrower leams,or is notified by any�ovemmental or regulatory authoriry, that :�- �
<br /> any removal or other remediation of any Hazardous Substance affecting the Property�s necessary,Borrower shall promptly take .,�„�„---.
<br /> '� • all necessary remedial acuons in acmrdance with Environmental Law. ..„_,
<br /> " . , ' . As used in this paragraph 20, °Hazardouc Substances" are those substances defined as toxic or hazardous substa:�s by :'�,.•�=
<br />-_ � Hnvironmentaf Law and the following substances: gasoline. kerosene. ather flammable or toxic petroleum praducts.toxic � s����
<br /> - �--,- '--'- � - - �-- pesticides and herbicides,volatile solvenu,materials containing asbestos or fom�aldehyde,and radioactive materials.As used in ���='
<br />_;_` this paragraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is tocated that . `� =:-_
<br /> � relate to health,safery or environmental protection. �'^�_.___
<br /> 'z� ' NON-UNIFORM COVENAiV'f'S. Borrawer and L.ender further covenant and agree�s follows:
<br /> `•• � . �� • •, : 21.Acceleratton;Remedies.Lender s6a11 give noi[ce to Borrower pr�or to acceteration fo1lowing Borrower's breacb _++.:�
<br /> =-- • . of any covenant or agreement in this Securltg Instrument (bnt noi prior to acceleration under paragrap9� 17 unte�s ` -
<br />_ ." • . aQpltca6le!aw prov[des othenvise). Thc nof�ce�all specif : (a)the defar:d¢; (b)the action �"'A`�
<br /> Y rer�utred to cure the defauit;
<br /> '•��� � � (c)a date,not tess than 30 days from the date the notice is given to Borrowes,by whic6 the default ciust be cured;and �,,.-
<br /> � . . . . (d) that failure to eure the dei'autt on or before the date specifed in the notice may result in acceteratlon of the stuns
<br /> •�!. ' secure�3 by tdis 5ecvrlty Iastrument and sale of the Property. The notice shall faKher inform Borrower of the right ta
<br /> ��. - �� � reinsta4e a&'ter acceleration and the right to bring a court action to assert t6e non-exLssence of a default os Any other —
<br /> ,: � • defense of Borrower to acceieratlon and sa[e. If the defautt is not cured on or 6efore the date specifed in the aonce,
<br /> • �' � . • Lender,at its optian,may nequire immediate payment in fu11 of aIl sums secueed by th(s Secudty Instrument wttGoat �:
<br />-_•a�; .._ • . Purther demand and raay invoke the power of sale and any other remedies permitted by ap�ltcable law.l.ender shall be ��.;��
<br /> . � ' entitled to collect a0 expenses incurred in pa�suing the remed[�s providcd In tQ�is paragraph Zl,inctading,but not llmited "�'''�'-'
<br /> �•' •,;•:.;
<br /> .. . ..- to,ceasana6le attomeys'fees and costs of title evidence. ���. �.
<br />_="`"„ . '. _ � . If thepower of sale is invoked, Trustee sAall record a notice of default.in each county in whtcb any part of the . ��; �.
<br />- � , Property is lotated and shall maii copies of such notEce in the manrter prescr�bed by appltca6le law to Bosro�ver and to �, '
<br />-� � the othet persons prescribed by applfcable iaw. .4fter the time req�ired by applica6le lasv,Tnutee sha[I give pnblIc nottee
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<br />�^� �. , . .� of sale 4o the persons and in the manner presce��d by applicabte law.Tnutee, wtthout�temand on Horrower,shall sell . ' .
<br /> -,� ' ' . the Pcoperty at pu6lic suctton to the highest btdder at the tlme and place and under the terms designated in the nottce of �
<br /> . � � - � ., sate in oae or more parcels and in any order Trustee determines.Trustee may postpone sa[e of all or any parcel of the � . �
<br /> :.Y'' Y � , • urc6a�se he Pro��c a�u►ouncement at thc tlme and place of any previously schednled sate. Leader or its deslgaee may � .
<br /> ,:�, •. . P Pert3'at any sale. . . .
<br />_=•P� . � � , �:�'
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