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<br /> ""�"'� '' ` *�� ` � � 16.A�nncsersCopy.Borronersflallhegiveaonecanformed�opyofthe�o��dofthisSecutitpI�stcumeiet. ����; _
<br /> ` ��.� S � .� !7. 7'ransfer�f the 1'rc�pert}• or a Heneficial Ltterestt in IIorruti�er. If a11 pr any parR oi tha Propesty�ar�uq' � �� T�
<br /> ``���__y._r�.� �� iate�est in it is soid:ir tr�ntiferred(or if a beneficial interest in �of�oti«r�S�ra pr��a�,a aormwe��s�ota � � .�-- __ -
<br /> � -`* •-{�:r; �eitts'al persnn)t�•'sthr,ut f.�;�d��r s prior svriiten consent.I'xnder rr�,ay,at irs c�ption,rrquire imoetediete pAylREAt iA fUII Cf . �W `= __
<br /> iu
<br /> ` � � ""• :.: all sums secured b}• this Srcurity Instrusn�nE. Howeeer, this option shail'not he exercised by Lendet if exat+�tse is < - A
<br /> `� � �ruhibitedbyfederatla�.asofthedateoit�isSecuritq�astrumen� � • ��•�� " __
<br /> n,�; r ' a ., • If Lender exercisc.�chis c�ption.Len�er shall giva Horroieer natice of acceleration.The notice shaU piovi8s e period" _ �-i- ��_
<br /> :� ,.`�` of not 1e5.s than 30 day s fram the date the notice is delit►ered or mailed ir•ithin«hicli Iiorro�ser metst pay s1I suma s�ttr�d . ��z = —
<br /> by this Securi ty Instrument.If Dorm�ver fails tn pay Lhese s�ms prior to tlie espiratinn of ti�is period.Lcader ma�iavoke ���`�'� __
<br /> � - �ti saqremediespemnittedb}�thisSecvrityInstrume�twithautfurthernoticeordemandonRortower. �•.•�`' .,���-
<br /> . ' < �,' � 18. Barra�ver s Right to Reinstate.If Horrower meeu certain conditions,I3orro�ver shafl have Eh,e ri�'t to have �.4 r-
<br /> . �-:
<br /> � �" enforcement of this Securit} [nstrumentdiscontinued at any time p,-ior to thc eatlirr of:(a)5 dsys(or eucb other�letit�d ; a . .
<br /> -r� �._ � as applicabte lativ ma}�sper�Fy for reinstatement)before sale of the Proprtty,pursuant to anp�ower of sale arntauted in
<br /> this Seicurit}� Instromenr, ur (bj entry of a judgment enfarcing this Secunty instrumen�. IQOSe cottdttione ar�tbat` ' `: F , r��
<br /> � , � Eorrocver. (a) pays I.ende:a1l sums teiuch then wovld be due under chis Se�urity InstrumenY and the Nate as if ao ; �,�. � r -
<br /> �� ` . ae�leration ttad occilrredr(b?cures any default of aay other co�•enanGS�n agreetnrnts; (c}�a}�s all espense,9 istcurted ia. �-
<br /> ` ` � eaforcing xhis Sec:urit3�tnstniment,ir.cluding,but aot limited to, reasonable attosc�eys'.fees•and(d)takes such ac�ion ea r,. ��� �
<br /> '` p"' � Lender ma} reasonab!� r��uire to assure that the Iien of this Security (nstrt�me�rc,l.ender s rights im Lhe F.�perty s�td
<br /> " 8osower`spbligationiopa} thesumssecuredby tfusSecurit3•lnstrumentshallcontinueunchanged.Uponreiastatemeut � �`� "`;�`�� �
<br /> ' ``� .� � bqBorn�ever,this Securic�•lnstrumentand theobligationssecured hereby shail remain fully�ffectiveas17aoeccelerati,ua • s °„�r T�l�-�
<br /> - ° hsdoecurted.However,this right toreinstateshall notapply in thecase of acceletation under parageaph ~` "'�- '-
<br /> � � - 19.Sate of Note;Change af Loan Servicer.The�'ote or a partial inter�t in the\ote(to�ethetwith tflieSecurity '�X.�1'�'��
<br /> . Instrument�may be sold one or more times without prior notice to Borrot�er.A sale may resu1L in a change in theeatity► �,�,•"�;..;r��_'�='_�.
<br /> .. ,. -�.���_
<br /> (knotsrn as the"Loan Sec�•icer")that collects month}y payntents due under the Note and this Sacurity I�astcumen�Tlte� �<-=��n-�-.,___
<br /> '�•f� • ` . ,� atso may he oas or mare changes of the Loau Servicet unrelated to a sale of the l�ote.If there is a change of the Loat� '_' '"�f�'=='�"°��
<br /> " • �.,. __,..�_�_
<br /> ' ' � Servicer.Rorro�•er.e�ill br gi�-ert�vritten notiee of the ehange in accordance with paragraph 14 above attd agplieabla law. -� •_ .',�t��;ti
<br /> � �� ` ' 'Fhe aotice�ill state the name and addre�of the new Loan Sen•icer and the address to which paymeats ehnuld be made. � :,.:':.�',_'��'-W'.""-
<br />- � -� �� •- - Thenotice tivill also contain an�•other information required by applicable ia�v. , `����
<br /> . . -i'° .� .���==•--°.
<br /> ` � u•:�.. ° 20. Hazardous Substances_ B�►rron er shall aot cause or permit the presestce,use,disposal,storage.or release oi :•� :"�3r�:•-=��•__
<br /> .------->_ � atry Hazardous SubscancCS.��n e�c in the Praperts•.Horrpner shal! not de�, nnr altbw an}-one else to do.anythinga�eeting ' �'��'�
<br /> ���..=;::��._
<br /> �;�" �� _� __thePcbp�tr5"Cha��i�i�rtYi„1.�ti��m-oF�ns�-F.n�•irotlmeatal-i�u•:=1-tie-�ceceding�tt+ro'senten�es�hall-uotapplytothepress�e.-------- _ _-
<br /> ' , use, or storage un thc t'r��perty of small quantities of l iaizrdaus Substances that are generally recognized to be , '
<br /> < �appropriatetonorma�rrsi�3ential uses and tomainteflauceof the Yrapert�•. , .t,�
<br /> au
<br /> " ` � Borra�ser shall pram pcl}�give Lender cvritten aotice of an}�i ncest�gannn.claim,demand,Iawsuit or other act�on bq
<br /> _ _.... _:. '_ .. . gAy governmental ar regulatary agency or prirate party im•oh•ing the Property and. anp HazardoUS Substanoe or _
<br /> EAVironmet►tal Lan of n hich Rotroteet has actual kno�+rle¢ge._If.Aono«et.learns.ur is notified by anq goveTOAleatel or .
<br /> • .. � ' regulatory authority-; chat an�� removal or other remediatinn of any I idi.�rdnus Substance affecting the Pmperty is .
<br /> • � � tteoessary�,Borrower shaiI promptly take ali necessary remedial actions in accordaace u i th I'sn�•iroamental I.sw. , , ;�
<br /> ,. As used in this para�raph 20. "I tazardous Substattces"are those siibstances defineJ as ta:cic or hazardoua substaaces . ,
<br /> � ' . by Essvitcmmental I.an�nd the fQl!cy�4ing substance�gasolinr,kerosene,nther flammahle or tosie petroleum pradt:cte, _
<br /> tosia pesticides and herhicides, ��nlatile solvents, materials cnntaining asbestos nr Po:maldehyde, attd radioaetive ' �•.;;
<br /> .: � matenats.As used in this paragraph 20,"Environmental Ian•"means federal laws and la«s of the jurisdiction where the • . �.�; �
<br /> Property is Iocated that rrlarc;to health,safety or environmental prn[er.tion. � `� "
<br />• ; " .. , I�O\-t:�IPOR\1COt'li�a:�'7'S.BonotrerattdL,enderfurthercacc�antandagreNasfollow� ,`�'•��
<br /> ' ` ' li. Aceeleratian: Remedies. l.ender sitatl give notice t<� tic>rrower pric�r to ar,�eleration foltowing ' . :�,=}a';'��
<br /> " ' Harra«•er's breach ��f an} c��•enant or agreemeat in this Securit�� Instsument (but not gri�or to aceeleratioII � .;>��
<br /> ' '. ' � under paragraph 17 unless appiicable law provides utherecise).The notice shall specity:(a)the default;(b)tho � . �.'.
<br /> .� action requ�red to cure the default; (c)a date, aot less than 30 days from the date the notice is givea to ,.� s` �''__
<br /> • �., � Horro�cer, by�vhich the default must be cured;and(d)that faiture to cure the default on or before ttte date � �`� '
<br /> ` ` � " specified in the notice ma•resuit in acceleratioa of the sums secured by tLis Security Iastrument and sate of �. �:;;�� '�
<br /> 3 -�; �:
<br /> �'�'-'���'�r:'. : ' the Property.The notice shall further inform Borro�ver of the right to reinstate aites aceeteration sad the . 5: ,
<br /> r.r•.:::..,....
<br /> _ �� � right to bring a c�urt action�to asstrt the nan-esistence oE a default or any other defense ot Bortower to .
<br /> acctleratinn and sale. tf the default is not cured on or bePure the date specitied in the not�ce,Leader.at its .
<br />-��4r�.`::`;,:���:, option, may require immcdiate payment in full uf all sums secured bq this Security Instromant bvnlhout ' � . �
<br /> -�;^'•�` �'•'-� torther demand and ma} im-ake the power of sale and an}• ��thcr remedies permitted Isy apptiesblo lsw. ':;� :i�.�•.
<br />_ ° • � ' . Lender sha{I be entitled tc�coilect all expenses ineurred in pursuing the remedies provide�in thIs ptragraph _ • - .
<br />- • � •�.. 21,including.but reut lim�tedto,rcasonableattorae}�s' fces andc�sts of titice�•idencc. • ' ., ��:,•%�
<br /> - � � � • I4 the p���ccr��f cale i.in����ked.'I'rustee shallrecnrd a n��tice��f JcFault in c3ch county in whiChany part of � : �: ,�
<br /> � • the Pr��perty is G�cated and shall mail capics oi such nutice in the manner prescribed by eppliea6le law to - .
<br /> -'�''!• : :: . Borrosscr and to thc r,thcr pers�►ns prescribcd by appticable la�s. :lftet the tirne rcquired by appliesblelsw, . . .
<br /> -:Y:,�_ .� . Trustee shali gi��e publ ic nuticc ui sale to the�etsons and in thc manner prescri bcd by applicable law.Trustee. . .
<br /> -�-- �� � wilhout demand un B»rru�cer,shall seU t�e d'aoperty at public auctic�n tQ the highest bidder at the time aad -�-� . ��
<br /> . � place and undcr thc tcrms designated in tEte notue nF sale in one��r taore parcels and in aIIy otAet Troatee � .
<br />-.-Y. • � determines. Teustec ma}� postpnne sale of ali or an�� parcel of the 1'roperty by public aunouncement at the � �
<br /> ,„° � ' time and place af.an�• preci�usly schcduled sale. l.cndcr ur its.designee ma�� purchase the Property at any ��`
<br /> -- � . � eale. ' .
<br />_-_ • ' Fane 80Yi 9/90 . . . - �
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