,. „ ,., ,
<br /> ,
<br /> . ,� i
<br /> n ... r , ' -. r - .. .. .� _ o
<br /> � . .. ' ,. . .' .- .. . .. . . . . . . . ... . n
<br /> � ;,�9.5- 1U49�i „
<br /> .� � � upplirablc Inw muy s�xcify fi�r rcinstutcment) heforc tiule of thc Prnpeny pursuunt to uny powcr ��f sule conu�ined in this
<br /> Securlty Inztrument;ar(b)entry of a judgment enforcing this Securiry Instrument. Thohc conditiuns ure thut sorn�wr.r: (u) ,
<br /> � � puys Lendcr utl sums which then wau�d bc duc undcr Ihis Serudty In�trument und thc Nate us iF no urcclenttion hud ��
<br /> occurred:(b)curcs any defuult of uny other covenunis�►r iigrrements;tc►pnyx i�ll expen,eti incurrcd in enti�rcink thiz Security
<br /> . • Insttument, including, but n�t limited to, reasanable uttomeys'feM; and (d) tukes such uction iix i.ender,nay rea,unubly
<br /> , . requirc to ussure thut thc licn of this Security Instrumcnt,Lcndcr v fightti In thc Prapecty und Borrowcr's obligutIon to puy the
<br /> sums secured by this Security lnsuument shall continue unchanged. Upon minstntement by Bonawer. this Secudty ,
<br /> • Insuument and the oblisations seeured hereby shall remnin fully effective u.+if no uccelerution huct occurred. However,thi� .
<br /> dght to rcInstatc shull not apply in thc cn.�c af accelcrndan undcr parngraph I7.
<br />. . ., 19. Sale of Note; Chunge of I.aan Serv[cer. The Notc or u purtiul interest in the Note(ro�ether with this Security
<br /> " insuvmcnt)may bc sold one or more dmes whhout prior nodce to Borrowcr. A sale moy result in a chun�e in thc entity
<br /> ' ' (known ps the"Loun Servtcer")that collec�c monthly puyments due under the Note and this Secur�ty Insuvment. There ulsa ,
<br /> muy be one or more changes of the Loan Servicer unreluted to a sale of the Note. If there is a change of the Loan Servicer. .
<br /> , Borrowcr will be given written not3ce of the chunge in accordance with parugraph 14 above and applicubla law. The notice .
<br /> �. wlq stnte the name and uddress of the new I.cwn Servicer and the address to which payments should be made. The notice wlll
<br /> '' ' also contain nny othcr informaaon reqiiired by applicnble lnw. '
<br /> � '' 26. Hazarduus Su6stances. Bormwer shall not cause or permlt the pnsence,use,disposnl,stora�e,or release of any
<br /> ;,:r�:i,; . ' .,r_;.�.�
<br /> �•:;:� Haz�udous Subsutnces on ar in the Property. Borrowec shall not do. nor �Ilow unyone eise to do,unything affectin�the
<br /> ., � Property that is in violat�on of any�nvjmnmental Law. The precedin�two sentences shall not apply to the presence,use,or �' ' � .
<br /> �.ti��!: storage on the Properiy af small quantities of Hazardous SubsWnces that are generally recognized to bc appropriute to normal
<br /> :;i:•:� :,
<br /> .;., residendal uses nn8 to maintenance of the Property. ,
<br /> '•'���'�: Bormwer shall promptly give l.ender written notice of any investigauon,daim,demand.lawsuit or other actian by any "
<br /> „' � � govemmental or rsgulutory agency or private party involving the Property and uny Hazardous Substance or Environmental ��.'• ,.i�;�,•:�_
<br /> Law of which Borrower hus actual knowledge. If Horrower leams, or is notified by any govemmentul or resulatory !:';}}' , •
<br /> authorIty,that any ramoval or other remedledon of any Hazardous Substance af'fecting the Property is necessary. Borrower !'.;,��
<br /> _ shall prompdy take alt necessary remedi�l acuans in accordance with Environmental Law. � '��
<br /> �� As used in this para�ruph 20."Hezardous Substances"are those substsmcec defined as toxic or hazardous substences by . ��-
<br /> Environmental Law and the following substances: gasoline,kerosene,other flammable or toxic peuoleum products. toaic -
<br /> •� pesticldes and herblcides.volntile solvents,materials containins asbestos or formaldehyde, and radIoactive materials. As ,�`�, :.�.;::.;
<br /> ,� ° used in this paragraph 20."Environmental Law"means federal laws and laws of the jurisdlcdon where the Property is located �?. �� o
<br /> r��t mtate tn heulth,safety or environmentul protecdon. �'� �."�:;� :�
<br /> � � NON-UMF�RM COVENAN7S. Borrower und Lender further covenant and agree as follaws: + ' +� ,�'
<br /> ' ' 4 ' 21. Acceleratlon; Remedies. Lxnder shall give notice ta Borrower prtor to accelerntlQn following Borrower's , •,�s k' '`A;,
<br /> ` � breach of any covenaut or reement in this Securl Instrumeat(but not rtor W acceleratioa under h 17 �:
<br /> .� � tY P P�6'�P �;�:�: �
<br /> ;:,.^�'�"' �. PP P P�Y� (a)the deFaulh,(b)the action {�'"'' `��'
<br /> unless a licable law rovides ofherwlse).The noUoe shAll s required to cure the ,,�.� -..
<br /> default;(c)a date,aot less than 30 dnya from the date the aotice Is givea to Borrower,by which t6e defaWt must be " '�" ``�
<br /> cured;and(d)that failure to cure the default on or before the dete spectfled!a the notice may result it►acceleration of • ��°-
<br /> „ �� the sums secured by thls Security Instrument attd sale of the Property. The nottce shall further tnform Bormwer of . � �
<br /> • the right to reinstate�ttter acceleradon and the right to bring a court acdon to assert the non-existence of a default or = . >�y�'
<br /> :'..�°a�y� �
<br /> . " at�y other defense of Borrower to accelerallon and sale. IP the default i�not cured on or before the dute sp�ctfled in �„� ,
<br /> � the notice.I.ender at its option may require immediate pt�yment tn tull of a{I sums secured by this Security Ynstrument - - �'_°�-
<br /> withaut fluther demand And may [nvoke the power of sale and aay other remedies permitted by appflcuble Inw ";`
<br /> ° '`" I.ender s�aU be enfltled to collect all expesises incurred in pursuW� the rerttedies provided in this paragrnph 21, ' �
<br /> '. � including,but nof limited W.reasonable Attorneys'fees and coste of title evtdence. -�.�••.���� �'� -.�
<br /> ° � k If the power of sale is invoked,ltustee shall record a notice of defeult in each rnunty in wh[ch any part of the `;''�'"
<br /> ' �'� Property is located nnd shuU mail rnpies of such notice tn the manner prescrtbed by apptEcable Isev 4o Borrower and w '°"`' _;,
<br /> ;,: ' � `�' the other persons prescrtbed by Appltcable Iaw After the Hme required by appltcable la1v,'Ilrustee shall gtve pubUc ''"`- .-
<br /> :�;'.• `.;- notice of snle to the persons and in the munner presrribed by appltcable It�w 'ltiustee,withoat demaqd on Borrower, '"�,::,'-.,�; '-W�
<br /> • , a shaU sell the Property at public uuctton to the highest bldder at the Hme and piace and under the terms deslgnated tn �:;'�Et�i'� �:^ �._
<br /> - . the aotice of sale in one or mom parcels ead ia any order'lY�estee determines. 1lrnstee may pastpone sale of sll or any ��;;';:'., . . ---
<br /> , ° „ parcel of the Property by public nnnounce�ent at the Ume and pluce of uny prevIously scheduled sale. Lender or its "'''°`'�-' "'�-
<br /> �';�ao:;
<br /> �'v; ' , deslgnee may purchase the Property at any sale. , �!`Y:<; �--<�,.-"`_�
<br /> ::�x'�:` �y Ugon rece[pt of psnuent of tlEe prlce 6id,'!l�usYee shall delErer to the purchaser'IYustee s dc2�1 convcying the ,"ij.•- -�,-�- .-
<br /> '':'�" Property. The recttals!n tlae'11�ustee's deed shall be pdmn facte evtdence of the truth of the stntements made thereW. �• . �:. �
<br /> �� 'lYnstee shu!!apply the praceeds of the sale In the following order: (a)to ull costs and e�cpenses of exenising the power '�`�:'':`�:
<br /> �'':��,r�; �.
<br /> , , , ,,.�
<br /> ;ti'- ,
<br /> :ir � '�����.
<br /> �: •� .
<br /> ; � , .
<br />_ `{ ,
<br /> i
<br />° r
<br />-. ___,___..._------J -- ----�---�`----
<br /> .. ._._... . ---_`:_.� '—.•---'--.•--.._.__-.--._..... . ._,- . ... .. . . ... ... ....... .- "."-•-^•."---'—�".r-- .. �.—..�--"".-'• ''.... -.. -'---'—�. -_-- --.-�-•---.. _--..
<br />_ „ . � � „ F
<br />;� .. , ., .. .. .. ,
<br />_ . : , ;r
<br /> .
<br /> , ..
<br /> N '
<br /> � _ ... .. . .. . ` .
<br />
|