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<br /> -y 1'!.'fran.5[er oi the Pro�,erty or u Renepcia6 Interest In�iorrower,if ttll o�'t�r�y part og tlto Properiy a�uuy luc���.�t����t - =-
<br /> i s s o l d o r n�n r�s f e r re d(o r if n beE�cficial interest in Borro�ver in solcl or transfcrrcd aibd CiorroK�er is not n natural persqn)wethoul
<br /> --__-' I..en�ler's priur writtcn consent, Lendcr may, nt its optirm, rcyuirc immct l iato payine n z i i� f��l l o f n l l s u m s s c�:u r e x a b y t l i i s _
<br /> Securily Instrunxnt.Howevcr,this option siznll not be exercised by l�cndcr lf cxercise is prohibitcd by falcrul la�v ns af tlie�ate �
<br /> —�=='=T-•�- af tiiis Sccurity Instr�rmcnt.
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<br /> - -"---- - If L.ender exer�ises tf�is uptio��. i.endcr s1�a11 gi.c tiono���er nntic�nf'nccelerfition.Tlie nutice shull provide 1 peri a not r -_
<br /> - Icss than 3Q dnpti frorn the dut�e th�: natice is dellvercd or maflcd witliiu which Barrower must pay All sun�s sccural by�his
<br /> ;,,,�,� Security Ynsirument.If Bonuwcr fnils to pny these sums pr{or to ticc cxpiration of this period, l.�ndcr may invoke eny remedics -
<br /> -- pc;rmittecl by this Security Instrumeat without fttrther noticc or demttnd on Honowcr. _
<br /> 18. Borrow2r's Right to Rcln�tate. If Dorra�vcr mccts :,c�taln conditfons, [iorrowcr shaU hnve thc right tn hnvc
<br />-=-;,;,;:,;�� enforcement of this Security Instrument discontinueil at nny tune prior to the eurlier af: (a) S duys (or such olhcr �rriaJ c�s
<br />.�...�.,�.r��.� applicablc la�v m�y specify for r��nstatement) before salc of the Prapcny pursuant to any power of snle canl�in�d in this
<br /> '�"=?�+�� Sccurity Instrument;or(b)cntry�f a judgment cnforcin�tl�is Security Instrnment.Those canditions are that BorKOwer:(u)pays
<br /> _____--� L�ender all sums which then would be due under this Security Instrument und the Note as if no acce;eeation had occurred;(b)
<br /> - �---�•� cures any default of any other �ovenants or ngreements; (c) pays all expenses incurred �n enforci�;;thls Security Instrument, _
<br /> � � includin but not limited to,reasonable nttomeys' fees; and (d)takGC such acdon as Lender may ru:?•an;�b�Y requ�re to assure
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<br /> r7st�.� that dielien of this Security Instrument,L.ender's rights in thc Propeny and Borrower's obliqatian to pay the sums sccur�d by __
<br /> ``'��=�-=-'-°°�'='� tliis Security lnstrument shall continue unchangeci. Upon reinstatement by Bonower, this Security Instttt,n:ait and the _
<br /> _�,�.y���"" obli�atians secured hemby shall remain fulty effective us if no accelerntian had occurred. However, this right to reinstate shttll
<br /> -��-�cvca:.�• not apply in the casc of acceleration undcr puragraph 17.
<br /> �==:' � 19. Sale of Note: Cliange oY l.nun Servicer. Thc Nute ur a panial intcrest in the Note (to�ether with this Security
<br /> =��''' [nstrument)may be sold one or more times without prior notice to 8onower. A sale may result in a change in the entity(known
<br /> ��"��°�� ' as the"Loan Servicer")that colleccs monthly payments due under the Note and this Security Instrument.There also may be one
<br /> �'" ''�:'' - or more changes of rhe Loan Servicer unrelated to a sale of the Note, [f there is u change of the Loan Sen�icer.Barrower will 6e `___
<br />=`�`:�3`�t�; � given written notice of the change in accordr�nce with paragraph 14 above and upplicable law.Ttie notice will st�te the name and �_
<br /> � �,,,;;. address of the new Loan Servicer and the address to�vhich payments shoutd be made. The notic�e will ulso cantain any other —
<br /> "' '�` • r�' � information requircd by apFlicable law.
<br />� '"" 20. Haznrdous Substtmces. Borrowcr shall not cuuse or permit the presence, usc, disposal, stor.+ge, or relea�e of nny _
<br /> = "r ,'-•° I{a;,ardai�s Substances �n or in the Propeny. Borrower shall not do, nor ullow anyone else to do, anything affecting the
<br /> ", Property thut is in violation of any Environmental I.aw. Tf�e preceding lw., ,cr�tencc:s shall r.ot�pply to the presence. use, or _
<br /> „ , l'.�`• storage on the Property of+mall quantitics of Hazardous 5ubstunccs that are generally rccogni•r.ed to be appropriate to narmal
<br /> residential uses and to maintcnance of the Property.
<br /> �� �-' Borrowcr shall promptly give IL.ender written noticc of any investigation,cluim, demand��awsn�r nr R v�omm�tal La v
<br /> '' `='�' govermnental or regulatory ugency or pnvate pany invoiving ine Fcupc�iy ar�d ary Ha:.a:�c::s ........Is..__ _. .
<br /> �� of which Borrower has actual knowledge. lf Borrawer Icarns, ur is notificd by any govemmental or regulatory authority,thut
<br /> . .3" any removal or ather remediation of any H:uardous Substance affecting the Property is necessary. Bonuwcr shall prornptly takc _
<br /> °' ;Y all necessary remedinl acNons in aecordance with�nvironmental L.aw. ;�'
<br /> _i ,... As used in this paragraph 20, "Ha•r.udous Substances" are those �ubstances detincci ns taxic or h:vardaus substnnces by ,�;:__
<br /> .4.; , '�;�`,,, ; Environmental I.aw and the following substunces: gasoline, keroticn�, other Flammable or toxic petroleum products, toxic -
<br /> t% ; pesticides and herbicides,volatile solvents, materials containiug asbestos or formaldehyde,and radiouctive materials. A�used in
<br /> •°•� � ,P; I this paragraph 20, "Environmentul Law" mcans federal laws and laws of the jurisdiction wl�ere the Property is located that ��._
<br /> • --°�'r • relate to health,safcry or environmental protcction. ";{;y
<br /> , ,,., -�,:..:+ NON-UNIFORM COVENANTS.Borra�vcr anJ I..cndcr furthcr covcnant and agrce as follows.
<br /> ' � 21.Accelerntion;Remedfes.Lender shaU give notice to Borrower prior to accelerat[on followin�Borrower's bresch
<br /> y of uny covennnt or agreement in this Secur[ty Instr�ment (but not prior to uccelerntlon w�der para�rpph 17 unless •• •
<br />.-; ,, � upplicable ta�v provides otherwise). The nntice shall specify: (a) the default; (b)the uction requ[red to cure the dePault;
<br /> ����� (c)n date, not less than 30 duys from the date the�tntice is given to Borrower, by�shich the default must be cured;und
<br />- ' �'•�� �' (d) that failure to cure the default on ar bLfore thc date specified in the notice mav resuit in uccclerntfon of the sums
<br /> � � .,�: secured by this Sccurity instrument and sale of the Property. Thc notice sh�ll further inform Borro�ver of the ri�ht to
<br /> - reinstate aQ'ter accelerution and the ri�ht to bring a court uction to assert the non-existence of A default ur any other
<br /> defense of Borrower to nccelereti�n and sule. If the default is nnt cured mi or before the date specified in the noticc,
<br /> • � Lender,at its opt[on, muy requirc Immediate puyment (n full of all sums secured bv tMs Security Instrument without
<br /> •�- fuMher der�iand and may invoke the power oP sale nnd any othcr remedics permitted�by applicuble law. Lendcr sbull be
<br /> �,�- I entitled to collect ull expenses incurred in pursuin�the remedies provided In this puragruph 21,including.but not limlted
<br /> ��'' to,reasonable attorneys'fees and costs of title ev(dence.
<br /> f,' If thepo�ver of sale is Invoked, Trust��e shull record u not[ce of defuult in each county in �shich any part of the
<br /> Properiy is located und shull n►uU copies of such notice in the manner prescribed bv applicuble law tu Borro�ser und to
<br /> � the other persons prescribcd by s�pplVcuble luw. After the time requirecl by applicublY luw,Trastee shall�ive pyblic notice
<br /> � � of sale to the penons und in the munner prescribed by appl[cuble la«•. Trustee, without demund on Barro�scr,shall seU
<br /> • the Praperty at public auction to the hi�lie.�;t bidder ut the time und place and under the terms desi�nated in the natfce of �
<br /> , r Pro i rt nb�r ublic i nnounccn ent at the t me �nd placee�f uny p c iouslv�chc�dule�d��le!Lender or tti d�i�ee may �
<br /> ��...;.
<br /> . ' i�r•.;, pur�hase the Property at nroy sale.
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<br /> ' ' form 3028 9l90
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