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<br /> " . � ',. 'F` 17:Transfer of the�rOperty or-�a Beneffcial Iatemst�Berrower.If all or any past of the Progerty Y : . . , •„�
<br /> is sold or transferred(or if a beneficial interest in Borrawer is sold or tcapsferred�nd Borrower is not a natucal person}without <<,<, , .. � �
<br /> •' � l.ender's prior written consent. Lender n�ay. at its option, require immediate payment in full ot'a!1 sums secured by t1�is , , . • ��-
<br /> �," �' ` .". ' . Se�urity.Iasuument.Howeuer.tiiis option shall not 6e exercised by Lender if exercise is prohibited by federal law as of the date ^ _
<br /> _� " of this Securiry Instrument. ' , . . _
<br /> if Lender exercises this optiqn,i.ender shali sive Eorrower notioe of accele�ation.The notice shall provide a period of not ;. �
<br /> a
<br /> _�_; l� "�' : less than 30 clays from the date the reotice is delivered or mailed within which Borroiver must pay all snms secured by this
<br /> . -- 5echrity Instnunent.If Borrower fails to pay these sums prior to the eapiration of tfiis period.I.ender may invoke any remedies _. _ ,._ .- .S
<br />�: �_ . permitted bg this Seruriry Inswaient wiiliaut further notice or demand on Borrower. ,
<br />- �: � l�. Borroc�et's Rtght to Reiastate. If Boaowes meets certain conditions; Borrower shall have the right to have
<br /> - ' enforcement of this Securiry Instrument discaminned at any time prior to the earlier of: (a)5 days (or such other period as
<br /> applicable taw_may specify for reinstate�nt) 6efore sale of the Property pursuant to any �power of sale contained in this ;'• •�
<br />- � Security Insttnment;or(b)entry�f a judgmeni enforcing this Securit}r Inswmeni-Those eonditions are that Borre�ver:(a)pays ;; ,f •'.�.�. 'nT �i
<br /> � ' . Lendeo all sums w[rich then woutd be due under this Security lnsqvment and the Note as if no acce[eratian had accurred:(b) - . • �_
<br /> ,-� ' ' cures any default of any other covenants or agreemen ts: (c) F a Y s a l l e a p e n s e s i n c u r r e d i n e n f o r c i n g t h i s Securi ty Instrument, ..,;,,...,`_;�,�:.�,;,�=_;--
<br /> `'r inctuding,but not limited to.reasorabte attomeys'fees:and(d)iakes such action as Ixnder may reasonably require to assure �,y:�t� � �
<br />_� .. •. �, -
<br /> � �• that the lien of this Serurity Instrument.L,ender s righu in the Properry and Borrower's obligauon to pay the sums secured by � ��
<br />_ �;�'� �- �t;-�-�,-- � this Security Instrsimenc shal! cantinue unchanged. l3pon reinstatement by Borrower, this Security Instnimerrt and the #����.�-_-
<br /> -v . o b ligations secur e d h e r e b y s h a l l r�e m a i n f u l l y effective as if no acceteration had accurred•However,this right to reinstate shal�
<br /> ,�-j,-�._:�:-_--
<br /> �'�`' : t: not apply in the�se of accelerauon under paragraph 17. -��--- �
<br /> �r '' 19.Sate of Not� Change of Loan SesvEcer. The Note or a partial finterest ia the Note (together with this Secarity �;__.--.
<br />- �` '� Instmment)may be sotd one or more times without prior notice to Borrawer.A sale may result•in a chang�in the entit�(lrnown �___-
<br />- �".A ' as the"Loan Servicer`)that coilects monthly payments due under the Note and this Security Instmment.There also may be one =_
<br /> , � or more changes af the Loan Servicer unrelated td a sale of the Note.If there is a change of the Loan Servicer.Borrower will be �-=.
<br /> � :i . � 'i. .• :: `� ' ' state the name d
<br /> . • � � � h 14 above and a lirable law.The nonce w�li
<br /> ' �---_.:�--:-.. . -�. _._. ..... .. .�ven-wriuen noiice of-the change_in accordat�ce.wish Paragra�..---.-. PP� —-
<br /> � ' '' • address.of the new Loan Servicer and[he address to which payments shouTd-lie ma�e:�17►e itaZi�wili-also-contain any othe�-----�- -_
<br /> ` ieformation required by applicable taw.
<br /> • � � 20.Elazardous Substances.Borro�+er shall not cause or permit the presence.use, disposal, storage, or celease of any __
<br /> � , � � Iiazardous Substances on or in the Progerty. Borrower shalt not do, nor a{tuw anyone.eise to do. anything affecting the , ��_
<br /> T Praperty that.is in violauon.of any Ernironmental Law. The preceding two seniences shall not apply to th T�g��ceo nvnnal -
<br /> "�! • " 1 � �torage on the Property of small quantides of Nazaidous Substaisc�s that-are generally reoognized to be app p ���'
<br /> residenual uses and to maintenance of the Property.
<br /> � Borrower shall promptly give Lender written norice of any inves6gation. elaim,demand.lawsuit or othei aeaon by any
<br /> � � •. governmental or regulatory agency ar private party involving the Propgrty and anY Hazardoas Suhstance or Emrironmental Law
<br />"`' ��-��-'��� � � - �� of which Borrower has actual knowledge. If'Borrower learns, or is notified by anX goveismiental or regolato authority.that
<br /> ry
<br /> ' . airy removal or other reRtediution of any Hazardous Substance affecting the Property is necessaiy.Borrower shall,�rompdy take
<br /> ' al! necessary remeclial accions in accordance with Environmental Law.
<br />- ' . As used in this paragraph 20. "Hazardous Substances"are those substances defined as toxic or hazardous substances by
<br /> Environmental Law and the following substances: gasoline, kerosene. other flammable or toxic petroleum praducts. toxic
<br /> ._.._._. � _,_.:. _ pesticides and herbicides,volatile�olvenu.materials conkvning asbestos or forn�aldehyde,and radioaetive materiats.As used'en
<br /> ' this paragraph 20. "Environmental Law" means federa! taws and la�vs of the jwisdiction where the Property is la�ted that
<br /> + � '" � � � relate to health.safery or environmental protection.
<br /> ' NON-UNIFORM COVENANTS.Borrower and Lender further oovenant and agree as follows: ' ;
<br /> Zl.Aceeleratfon;Rert�edtes.I.ender shall�ive nottce to Borrower pr[ar to accelerat�oa fo�lowing Borrower's bresrh _ -
<br /> •" � � � of aa y covenant or agreement ire this Sccurity Instrument (but not prior to aecete�at�on under Qaragrapb 17 unie� i��J� _ ___---
<br /> (b)t h e a c t I o n r e q u i r e d t o c u re t 6 e d e f a W t; '
<br /> ' appfIcaDle law pmvides othenvise).T t ie no tice s ha l l s p e c i t y: (a)t h e d e P a u l t; � ��_==
<br /> � � (c)a date,noi less than 30 day�s from the date the narice ts given to Borrower,by whEch the defauit must be cured;and, �
<br /> " � ` � (d)that failwe to cure the default on ar before the date speci�fed in the notice may result in acceteration of the sumg ��"
<br />- � • �" � �' s�.vred by thls S�vrity tnstrument and sale of the Property.'fhe nottce shall further tnform Borcower of the right to �°s�
<br /> �� reinstate after acceleration and the right to bring a conrt acNon to assed the non-c�dsteace of a default or any other °�"�
<br /> ' • v �• d2fense of Borrower tv�cceieration and sale. If the default is noi cured on or before t6e date sp�l�ed in the nottce. � ��;`•,
<br /> __ :�_�
<br /> • � �s • `" �� Leader,at its option,may require(mmediate paymeat fa Pull of all sums secured by tiils Securtty instrument without �'_�;}_ Y rF
<br /> � ;� further demand and may invoke the power of sale and any other remedies permitted by applica6le iaw.l.ender shall be :,;_��...',.
<br /> ' � �� � � entitled to wltect al!expenses incurred in parsuin�the remedtes provEded tn this parag�aph 2l,ircc1adi�,but not limite� __ •- r
<br /> ' ' �� to.r�asonable attorneys'fees and costs of titte ev[dence.
<br /> ;'' ,� • � - If the power of sate is invoked. Trustee sht�ll�ecord a notice of default in each connty in which any part oP the •^,�i-r
<br /> �' • �. Property is[ocated and shall mail copies of such notice in the manner presc�ibed by appltqbte law to Borra�ver and to .
<br /> t � , t�e other persons prescribed by appltcable law.Aiter the time requtred by applicable iaw.Trastee shall give pu6�ic nottce ' . �.
<br /> ' of sale ro the persons snd in the manner prescribed by appitcabte lativ.Trustee.without demund on Borrower,shaU sell
<br /> the Property at public auciton to the highest bldder at the time and place and under the terms designated in the notice of
<br /> �:r ', �, � sale in one or more parcels and in any order Trus�tee determines.Trustee may postpone sale o!aD or any parcel of the ,
<br /> -� . . • � Property by publlc announcement at the time and place of any previously scheduled sale. Leader or its deslgnee may _�. . .. .
<br /> . � � . i purchase the�roperty at any sale.
<br /> :�' . . .
<br /> ,� • ,. . i .
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