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_._..�_.. . � <br /> . .-� .. - - - <br /> _ <br /> . � . �- ..� . <br /> , . . . , ,. . . . ., .,.. , � . ,, . . <br /> , . .. , . � � <br /> . <br /> �.,, , <br /> f ,.. .�� <br /> .. , . <br /> ; 9��01034 ---. <br /> 17. '1"rpn.sfcr pf thc Prnlycrt�'or a $enefcia{ Interest in 8orrvK'er. if ali or any part o(the Propcny ar�ny intcr�t in it <br /> is sold or truhsferrc'c1 f��;if�bcneficial incerrsc:In 8nrrnwer is sald vr transferred and Borrower is nat a natural persan)without <br /> Lender's pricr �w•ritten consent, I_.tndcr may, a: its c,�ption, rr.quire immediatt Fayment in full of all sums :secuted by this <br /> Se�uriry Instr�ment. }ia�vcvcr, this option shall nat be excrcised by Lendcr if exercisc is prohibitcd b�fedcral i8w a5 of the datc <br /> of this Security Ir�strument. <br /> Jf I,undcr cxcreiscs �hi;e nptinn, l.r.ndrr shall gi�•c Borttawcr nnticc«f ncccicrntioa. The notice sha.11 providc a ptrind of not <br /> less tha�y 3(? davs froni thc ciatc tfyc nc�ticr is dclivcrc.i nr mailcd uithira which 8ormw�cr musc pay all sums cccured hy this <br /> Sccurity Ir�titrum�;nt. (f E3orrawer f:�ils to p�y �hcsc sum�prior to thc expiratic�n of this periad. I.cnder may invak�uny rcmalies <br /> perrni,tcd by this Securit�� Inscrumcnt eti'ithnut furthtf noticc or dcmAnd on Horruw•¢r. <br /> 1$. Borrn�ticr's �i�hi tc� Reln.�tatr. If 9armwcr mccts certaih cnnditions, Borrow�r sFrall huve thc right ta ha��c <br /> enforcenient of this S�curity lnstrumc.nt disrontinucd nt nny time priar tp thc carlier af: (a) 5 days (or such other period as <br /> applicahlc law may spccify far reinstatemcnt) t�efc+re salc of the Property pursunnt to any power of �nle rnntnin�d in thic <br /> S�curity lnstrtamcnt; or (b)cntry of u judFmcna c��forc'sn�this Srcurity Instrumcnt. Thasc cunciitinns ure that Einrmw•er: (a)}�ays <br /> i.e.�lder all �irms wl�ich then would he due under this Scruriry instrurnent und the Nat�us if rw neccieration had occurred; (b) <br /> cures any def�ult of any other cc���enant5 c�r agre�tnent5; (C) pays al! e.rFrcnses i;�currcd in enfnreing this �curity lnslrument, <br /> iracludin�, hut no; limitccl ro, rc;iconahl� atlornc)'s' fecs; ancl (ci) takcs surh a�tian a� l.cnder may rEau?nably requirc ta nss��re <br /> ihac ehc ►ien of�hi� Sccurity Tnsttximent, Lcnder's rights in the Property and Borrow'er's obli�ation tn pay the sums stcured by <br /> tliis Sccurit�� ltistrumcn! �hall cvntinue unchangcd. iJp�n rci�ttatement by Barrower, this 5ecurity [n5trument and thc <br /> obliFatior� sc�urr,d hcr�h; sh,�ll remain fuih• effecti�•e as if no accel�racion had occurred. How�ever, this right to reinstat�shall <br /> not agply in the cLLee of acccleration under para�raptt 1�. <br /> 19. Saie oT itiate; Chunge.nf I.��an �en�icer. The Note or a parti�l interest in the Note (tocether �rith this Security <br /> Instrument) ni:�y re sold one vr more times ���ithout prior noiice to Bormwer. A sale mav result in a ch�nge in the entity(knaWn <br /> as tlYe "Loan Sen�icer") that collects monthl�� payments due under the Note and this S�curity instrument. There also may be one <br /> ar niore cha�ges of the Laan Servic�r unrelated to a sale nf the Note. lf there is a change of the Loan Sen'icer, L'orrower will be <br /> given wri�ten notice of the change in accorciance with paragraph 1�3 a1xo�•e and applicable law.The notice w•ill ctate the name a.nd <br /> address af the new Loan 5�rvicer and the address to which payments shvuld be made. The na�ii�ce will also contain any other <br /> inform�:cinn required by applicabis law. <br /> Z0. Finz.nrdous Substances. Borrawtr shall nar cause ar perntit thc presenc�, use, d[5posa�, starage, or reloase of any <br /> Hv�rdvus 5ubstu;tces on or in the Property. $urrower shAll not do, nor atlrn�� anynne else tn dn, anything affectin� the <br /> Property that is in viol:ttion.of any En�•ironrncntal Law. Th� preceding tw•o sentence� shal) nat apply to the Pmsence, use, or <br /> storage nn the Prnp�rty' of small quantities af Hazardous Substanc�s that are generatly meogt�ized to be appropriate to normal <br /> residentiai uses nnd to maintenance of the Praperty. <br /> �orr�wer shall pn�mptly gi�•e l.ender «�rit[en notice of any inr•estigution, claim, demand, I�wsuit or vther aetinn bv any <br /> governtnental or rcgulator}� agency or p��i�•ate party im•o1.�ing the Proprn}• and any Hazardous Substance or Environmental law <br /> of which F3orrm��er has actu��l kno��ledee, if Borroti�er leams, or is notificd by any govemmental or reeulatpry autharity, that <br /> an}• remu��al c�r uther remediatinn of anv H.►r.arclous Substance affreting the Pr�perty is necessary, Borrower shall promptly take <br /> all necessary rem��ial.3ctions in accordance with Fnvironmental Law. <br /> As usecl in this pnragraph 20, "Hazardnus Suhstances° are those substances deFined as coxic or hazardous substances by <br /> Environmental Law and the folloa�ing suhstances: gasoline, kerc�sene, other flammable or toxic petroleum products, toxic <br /> pesticide�and herhicides, volatile sotvents, materials containing asbestns or formaldehyde.and radioactive materials. As useci in <br /> this par��raph 20, "Environmer.tal Law'" me:;ns federal laws and laws af the juriNdi�tion where the Property is located that <br /> telate to hcahh, safety or em•ironmental protc�tion. <br /> N�N-UNIFORh4 COVENANTS. Borro•�er and T.cnder further covenant and agree as fi.;lows: <br /> 21. Am�l��,tion; Remedies. Lender sha!! give notice ta Borrow�er prior to a_�!eration follo�ing Barro�ver's b:cach <br /> oi anr' cnvenant or agrcement in this Security Instr�!*_!ent (but not prior to acceleration under paragraph 17 unless <br /> applicahle la�s prorides nr!!e!'ti+•isc). The notice shall specify: (a) the default; (b) the actian :rr�::::�to cure the de4'ault; <br /> (c) a date, not less than 30 dayc{'rnm the date the�otice is given to Borrow'er, by which the defaalt ^:sst be cured; and <br /> (d) that failure 4o cure tGe default on or before the date speci�ed in the notice mav result in accelera4ion vf the sums <br /> secured by this Security Instrument and sale of the Praperty. The notice shall further inform Barrow•er of the right ta <br /> reinstate atter acCelerxtion and the right to bring a court aetion tc► assert the non-existenme of a default ar any other <br /> defense of Borro���er to acceleratinxt and sale. IE the defanlf is not Cured on or befqre the date specifecl in the notiee, <br /> Z.ender, at its optinn, may require immec3iatc payment in fu11 of all sums secured by this Se¢urity Irtstrument µithout <br /> further demand and may inr•oke the pa�ti•er ot sale and any other remedies permitted by applicable law. Lender shull be <br /> entitled to cnllect m11 expens�s incurred in pursuing the remedies provided in this paragraph 21,intluding, but not limited <br /> to, rcasonable attorne}'s' fecs und costs of title evidence. <br /> ' lf the power of sale is invoked, Trustee shall recard a notice of default in each countti• in µ•hich any part ot the <br /> Prnperty is located and shall mail �apies of such notice in the manner prescrihed hy applicabie law to BorroKer and ta <br /> tlie other persons prc�scribed b)•applicable la��'. After the time required by applicable law,Trustee shall give public notiee <br /> of salc to the persons and in the m�nner preseribed by applicable I�r�'. Trustee, w'ithout demand on $orrow'er, shall sell <br /> the Proprrty� at publ[c auction [o the highest 6idder at the time and place and under the terms desiRnated in the�notice of <br /> sale in one or �nore par�els and in any order Trustee dr.te�"mines. Trustee may postpone sale of atl or any pareel of the <br /> �'rqpertr• by public announcement at the ticnie and placr: ai any previously scheduled sale. Lender or its designee may <br /> purchase the�-operty at any sale. <br /> Fprm 3028 9/90 <br /> Pp�5of8 <br /> , �j � �lrr� , <br /> t <br />