|
.c �"'� ° � £- ' 'a� • :ht . � . . ` ' :.Y( . .i - -
<br /> ti,�'�:t'r,.s �- t._. ,<., � a�''.Y'�.:. ,�[ . ... . ..� . . � �a.;.� � � , <e^=', ♦ . 4 . . _
<br /> , , �_`�`r c� _ . ., - . . � .. . . . y+r..
<br /> _�' _.. t ,� ; o . . ' . a . .£` ' ... . . . . � 6.. � . .. " � . .� , . ' � _ " _ "'3`, . .• �.
<br /> — . . ._Q _ . , .. . , .� : .t � - . , . - . . � 't . ' . - - � . S�^:
<br /> ._ � .. • ' c� - .. 't �.,:Yt. ' � `��� �. . �� t ' _ ' . � . . . . ,. . ' ' . . , . � . < < _
<br /> - , - .��.. ��.
<br /> _ t �` ' . . , . . . .-_.. ' .. . , . ... . . � . . . _ . , ' , � , '_ .. , . , � ' . , ' - (� .. , �.
<br /> � . '�� '4 � '� • '� 1�" �' ` ' .!• . ' ' � - •. a . ; . ' . . , �,. . . , . . .t . � . fh -. •, -, - � �.
<br /> ���J�. ` - . ..� � , t. c . - . . . ... . . . . . '�� . -
<br /> --_ � . ° .,.�� . . � , ,,, (,�5.: . . ' . � y ` ;-
<br /> � . 10�602 •
<br /> . '-G•' 17.Traasfer oF the Psoperiy or a Ben�cial Interest in[�orroner.If all or any part of the Property or any interest in it , , - i'
<br /> , is sold or transferred(or if a benefcial interest i:�Borrower is sold or transferred and Borrower is not a natural person)without _ , . �
<br /> �� .-�. � Lender"s prior written rnnsent. Lender may, at its option, require immediate payment in fiill of a!I sums secured Dy this . , ,
<br /> ' � Securiry Instrument.However,this aFtion shall nac be exercised by l.ender if exercise is prohibited by Fcderal law as of the date - ,. • •
<br /> .. • • of this Security Instnrment. '
<br /> . . � '— �' � If Lender eaercise�this option.Leader shall give Burrowes notice of acceleration.The notice sha1:provide a period of not
<br /> - �� ���" . tess than 3U days from the date the notice is delivered or maited witfiin which Borrow•er must pay all sums secured by this _ ' �_�� "'
<br /> � �—`-�-��t:��-�— Securit� instrument. If Borro�r•er fails to pay these sums prior to the expiradon of this periad.Lender may invake zuy rcmedies ' "" �
<br /> perm:tt�d by Lhis Secarity lnstrument witho�st furrher notice ar demand on$orrower..
<br /> _ � � � � l�. Soseoc�er's Rig6t to Reinstate. If Borro�ver meets certaia conditibns. Eorrower shaU have the right to have �� . . �.
<br /> • ,.'.� . '•�'`.` • ��' eaforcen�nt of this Sexurity Instrument discontinued at any qme prior to the earlier of: (a) 5 days (or such other period as - � � -�
<br /> . , _
<br /> < ' � � ' ' applicabce law may specify for reinstatement) hefore sale of[he Prioperty pursuant ro any power af sate contained in this �
<br /> • . . . . .. .._, :..--`--.,;_..- -
<br />- � _ � Securiry lnswmenr or(b)entry of a judgcnent enforcing this Security Instrumeat.'I�nose conditions are t4at Horrower.(a)pays � ' �'
<br />- . Lender all sums w6ich then�vauld 6e due under this Security Instrumeat and the Note as if no acceleration had occurred: (b) ' ' . • •� �
<br /> . . ' cures any defanit of any other oovenants or,agreements: (c)pays a11 expenses incvrned in�nforcing this Security Instrument. . ' � . � .
<br /> �"�` •• ''�• iscluding.but not limited to,reasonable attomeys' fees; and(d)takes such a:.tion as Leuder may reasonably require to assure _ `
<br /> �'i'' � . � � that the lien of this Seturity Instrumcnt, Lender's rights in the PropeFty and Borrower's abligauon to pay the sums secured by `
<br /> � �� '-- -• - � this Security Lrstniment shall con6nue unchanged. Upon reia5tatement by Borrower, this Security Instnunent and th: � . . ��' , .
<br /> �=.� �} • ° obligations secured hereby shall remain fully effective as if no accelerapon had occurred. However,this right to reinstate shall -• -. ' `
<br /> ' .. • not apply in the case of acceleration under paragiaph 17. •
<br />- � , �, . • 19. Sale of IKoi� Ciiange of Loan Servicer. The 1�Iote or a partial interest in the Note (together with this Security •
<br /> . tastrument)may be sold one or more times without prior nodce to Borrower.A sale may result in a change in the entity(known �R� . '
<br /> � � ' • as the"Loan Servicer")that coltects monthly paymenu due under the Note and this Security Instrument.There also may be one
<br /> . _ � .. . _ or�ore changes of the Loan Servicer unrelated to a saie of the I�Iote. If there is a ehange of the Loan Servicer.Eorrower will be . •�•-j—•
<br /> . ... . .:
<br /> -� ••� --�---� • - ---- .. .given�writterrnoticeofttie-change-inaccordancewithP�S�P[r-l�-atroveandapplirabletaw:Th�rtot'rre�wiil�tat�th�mam��ttti . ..... ..;_'-,.�---�-- -
<br /> . ., . � '. : ��`
<br />- � address of the new Loan Servicer and the address to which payments should be made.The rtotice will also contain any other ' �
<br /> • , . information required by applicable law. � . .. ����
<br /> . �.rr �
<br /> - , � ; . , ' rs 20. �lazardous 9nbstances. Bortower shall not cause or permit tae presence. use, disposal,storage, or release of any. � '-
<br /> , • Hazardous Substances on or in the Pro Burrower shall not do, nor allow an oree else to do. an ' ' "���
<br />_ . �_. . . PertY• Y yit�ing affecting the _,, _.,�
<br /> - -- -- - Property that is in violauon of any Environmental Law. The prececling two sentences shafl not apply to the presence,usa,or -- -- t -
<br /> . • sWraga on the Property of small quantities of Hazardous Substances that are generall}recognized to be appropriate to noimal � �
<br /> • " • residential uses and to maintenance of the Property. . �
<br /> ' � '. .. Borro�ver shall promptly give Lender w-ritten notice of any investigation,claim,demand, lawsuit or other action by any - � • � , � ,
<br /> , _.: ..
<br /> ' ' � govemmenta!or regulatory ager.cy or private party involving the Properry and any Haiardous Substance or Environmental Law �• ' �
<br /> r . .__..:-..-_-,.:•� :�. .,. . :.��. _• � ,, , :.
<br /> � �. pf which Boaower has actual knowledge. If Borrower leams, or is notifted by any governmental or regulatory authoriry,that �
<br /> i� any semoval or other remediation of any iiazardous Substance affecting the Property is necessary. Borrow•er shall promptly take �, � ' � ;,;;
<br /> ,. all necessary remeciial actions in accardance with Environmental Law.
<br /> _ � . . . , , As used in this paragraph 20, "Haz�rdous Substances"are those substances defined as toxic or hazardous substances by � �� ��;�
<br /> .. ° Environmental Law and the foUowing substances: gasofine, kerosene, o[her flammable or toxie petroleum products, toxic ' '-�°���
<br />_ . � _. _ pesticides and herbicides,valatile solvents,materials eontaining asbestos or formaldehyde.and radioactive materials.As u.sed in - -- ===' ;
<br />� this paragraph 20: "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that r '., '�, ,
<br /> � relate to I�ealth,safety or environmental protection. � , �
<br /> � NON-UNIFORM COVENANTS.Borrower and Lender further covenant and agree as follows: ' ' ::;�;:;'
<br /> _ � � • 21. Acceleration;Remedies.i.ender shall give notice to Borrower pr�or to acceleraUon following Borrower's breac6 ' � ����-�`
<br /> � _ of any coveaant or agreement in thLs Security Instrument (6ut not prior to scceleratfon aader para�ruph 17 unless ����!-_ �
<br />- • ' applicable la�v provides othenvise).The rtotice staall speciiy: (a)the defaWt; (b) the action required to cure the default; � � ' '
<br /> f (c)a date,not less than 30 days from the date the notice is given to Borrower,by which the default must 6e cured;and
<br /> ' .t �.`. :� (�that failum to cwe tEte defautt on or 6efore the date speclfied in the notice may result in acoeleration of the sums ' • ,
<br /> r � «r secur� by tlils Secvrity Lutrument und sale of the Property.The rtottce shall further inform Borrower of the�ight to '',`' .
<br /> �` . ;� . reiastate after acceleratlon and ttte�ight to bring a coart aMion to assest the rcon-existence of a defanit or any oiher - � . - -'�'.. •.
<br /> defense mf Bonower to acceleratlon and sate. If the default is not�vred on or before the date specifeil in the notice. ;�. .
<br /> • . � � �_L � Lender, at its option,may require immediate payment in fWl oP s!1 smns secured by this Securtty lnstrument without �. . ,
<br /> • further demand and may invoke the power of sale and any other remedtes permetted by applicabte la�v.Lertder shaD be �
<br /> • . • • entttled to coltect all expenses incurred in par.suing the remedfes prnvided in this paragraph Zl,including,but aot limited �
<br /> " s ' , . to,reaconable attorneys'fces and costc of title evtdence. ` .
<br /> U the po�ver of sale is Invokerl. Trustee shaii record a notice of default in each county in �vlilch any part of the
<br /> f� :' � . ' • Praperty is tocated and shal!mail coptes of such notice in the rnanner prescribed by applicabie law to Borrower and to � _ '
<br /> � the other persons prescri6ed by appltcable la�v.After the time eequired by appllcabte ta�v,Tnistee shall gtve pnblic rtotice ' •
<br /> - � ' . � of sate to the persons flnd in the manner prescribed bv appficab[e taw.Trustee,without demand on Borrower,shall sell �
<br />- . . the Property at publIc auction to the higttest bIdder at the time and place and under the terms desi�nated in the notfce of
<br /> • . safe in one or morn parcels and in any order Trustee determines. Trustee may postpone sate of a!1 or t�ny parcel of tlte '
<br /> . '� Property by public anrtouncement at the time and place of vny prei�foasly schedWed sale. Lender or its desipnee may � �
<br /> � purc6tue the Property nt any sale.
<br /> � � � Form 3028 9/90 . •
<br />_i
<br /> t. . - . . - Pago s of 6 � _ �
<br /> ., :a-. '_ � � �
<br /> �]C�.' ' , , . . . - .
<br />� � ' � . .
<br /> �,� . .. - ' . � .
<br /> ,
<br /> . . . . � � 1�.•
<br /> ' .a..-�.-.�-a�.�....�. . .
<br /> .
<br />. ' _� � . . - , � • . � , _ • . . ' . . ._ , �5 � . •
<br /> . � - - . . ' . . _ . . . r.�' _ . . . � . - - . , . . . . � . � . � . . __
<br /> . .� . .. . . . . • _
<br /> _ _._- ..�.._.._.�___..___.___J_'-'.--'_'--_._'�._..-.�...-�_�'.-'_'.-�'_'--...__..�- _ -'_____ - _ __-_—_- ' _ _ __ _ _ _ __ - .
<br /> _ . ._— . — ._.__� . _ , _ __-_—'_ _ c . —'�.__.—._-'__'_' '. '. .
<br /> . � - . � , � � .� � _" .. , ", . , _ � . - � . . . • ' � � �
<br /> ' �: . .' . . ' • � . . . . . . . . . _ " - . ' r
<br /> � , - . � _ . . . - . . . .
<br />. : : .� � .- : ' . . - ' . . . , . . ' � � • . .
<br />
|