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<br /> U,'�i'Yanster oY the I°ropertY ar n SeneBcia!Interest in Uorrower. If al!or any purt of the Property or uny interest in it — _
<br /> is sold or tr�nsfcrred(or if a beneficfal interest in Bnrro.ver is sold or uansferre�and Borrower is not u naturnl person)without
<br /> S�urlry[nstnamc t�How vcr,tthi optton shall nattbe exe cised by Lend r�ificxerpcL�ms prohibited by �ederal luw�9iof hc dnte
<br /> of this Secudty Instrument. —
<br /> If Lender exercises this option. i.ender shall give Borrower notice of acceleration. The nutice shull provlde a period af nat __
<br /> sumi+ sccurcd by thie
<br /> less than 30 days from the date the notice is delivered or rrnallcd withln whlch Borrowcr must pay nll � `°
<br /> Securlry Instrument.[f Borrower fails to pay these sums prior to die eapiration of this perioci,l.ender mny invoke uny remedles �
<br /> permitted by this Securiry Instrument without further notEce or demand on Borrower. �._
<br /> 18. Borrower's Right to Rei�ute. If Borrower meeta ccrtaia conditions, Horrower shall huve thc rtght to hnve
<br /> enforcement of this Secur�ty lnsuument discondnued at any ttme prtor to the earlier of: (a)5 days (or such ather period as
<br /> applicable law may specify for reinstatement) b�fore sale af the Property pursuant to uny power of sale contuined in this _
<br /> Securiry Instrument;or(b1 entry of a jud�ment enforcin�this Securtry Insm�ment.Those conditians are ths�t Borrawer:(u)payF
<br /> 1.,end•r all sums which then would be due under this Secudty Instrument end the Note as if no acceleration hud accurrecl:(b) _._
<br /> cures any default of any other covenants or agreements: (c) pays all expenses incurned in enforcing this Security instrument.
<br /> iacluding,but not limited to,reasonable attomeyrs'fees; and (d)takes suc:h Qction as Lender may reasonably require to ussure `
<br /> Wat the lien of this Security 1nst�vrrtent� I.ender s rlghts jn the Property and Borrower's obltgat[on to pay the sums secured by
<br /> th;s Security Instrument shell continae unchaaged. Upon reinstatement by Horro�rer. th�s Security Instrument and the
<br /> obligations secured hereby shall remain fully effective as if no accelernuon had cecwred.However,this rlght to retnstate ahall
<br /> not appty ln the case of acceleration under paragraph 17.
<br /> 19_ Sale of Note; Change of Loan Servlt2e. The Note or a partial interest in the Note(together with this Security
<br /> Instiument)may be sold one or more times without prlor nodce ta Barrower.A sale may result in a change fn the entity(knawn
<br /> es the'I.oa�► So►vicer")that cu�lects monthly payments due under the Note and this Securlry Instrument.There also may be one
<br /> or more cdu►ges of the Loan Servicer uneetated co a salc of the Note.If there is a change of the i.cian Servicer, Borrower will be ,_
<br /> gi�en wrltten notice of the change in accordance with paragraph 14 above and applicable law.T'he notice will state the name and
<br /> address of the new Loan 3ervicer and the address to which payments should be made.The notice wilt also contain any other
<br /> infotmatIou required by applicable law. —
<br /> Zp� }Iazanlous Substances. Bon'awer shall not cAUSe or permit the presence, use, disgosal, storage, or release of any
<br /> Hezardous Substances on or in the Property. Bonower shall not do, nor allow anyone e(se to do. unything affectiag the
<br /> property that is In violation of any Environmental Law. The preceding two sentences shall not apply to the presence. use.or
<br /> storage on the Property of small quantittes of Hazardous Substances that are generally recogn�zed to be appropriace co normal
<br />- residentiat uses and to ms�intenaz►ce of the Property. `_
<br /> Borrower shall pmmpdy give I.ender written natice of any imestigation.claim. demand. lawsuit or other actIon by any
<br /> govemmental or regulatory agency or prlvate party involving the Property and any Hazardous Substance or Environmental Law
<br /> of which Boscower has accual knowledge. If Borrower(eams,or is notlfied by any governmental or reg�ilatory authority,that
<br /> any reacoval or other remedixtion of any Hazerdous Substance affecring the Property is necessary.Borrower shall Pr.,uptly talce
<br /> all nuesserY remedtal ections in acconIaux wiih�nvimnmcntal I.a�:. ,
<br /> As useci in this paragraph 20. "Hazardous Substances" are those substances defined as toxic or hazaidous substances by
<br /> Envimn�nental Law and the following substances: gasoline, kerosene. other flammable ar toxic petmleum products. toatc
<br /> pesticldes aad herblcides,volatile solvents.matedals containing asbestos or formaldehyde, and radioactive matedals.As used in
<br /> this pai�graph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Property Is located that
<br /> relate to health,safety or environmental protecxion.
<br /> NON-UMFORM COVENANTS. Bonower and Lender further covenant and agreE as follows:
<br /> Zi.Ac+celea'atton;ReatedIes. Lender shall gtve notice to Borrower prior to sooeleratlon tollowing Borrower's breach
<br /> of any wvenant or agreemem in this Security Insrtnunent (but not prtor to aaxleraHon under paragraph 17 unless
<br /> apgttcable law pmv�des othenvir,e).The notice shall specify: (a)the detault; (b)the acHon required to cure the default;
<br /> (c)e date,not less Wan 30 days from the date the aodce is gtven to Borrower,by which the default most be cured;and
<br /> (d)that teilure to c�re the detault on or before the date specifled in the aattce may result in eceelera,dnn of the sums .
<br /> securec�by thts Serurity Iastrument aad sate of the Property.The notice shaq fi�rther infomn Borrower of the rtght to
<br /> rein4te�te after aaceteradon and the right to brtng a wart actIoa to a�sert t6e non-padstence o!a default or any other
<br /> detea5e of �orrower to aaeleratEon and sale.If the default is not ruured on or before Wa date spedned in the notioe,
<br /> Lender,tt ifs option,may requlre immediate payment in full of all sutns secured by this Security Insf,cument w[thout
<br /> turther demand and may invoke ihe power of sate and any o4her remedtes permitted by applfcable law.Lender shall be
<br /> entitlsd to copect eA exPenses�ncurred in purs�ing the remedies pmvfded in t61s paragraph 21,including,but not limited
<br /> to,reasonable attorneys'tces and costs of title evldence.
<br /> If thepower ot sale is invoked,Trustee shaU record a not[ce of defuutt in each oounty in w6ich any part of the
<br /> p�operfy(s I�cated and s6aq mall coples of such notice in the manner prc�cr[bed by opplicuble law to Borrower and to
<br /> the ot6er pe�sons prescr[bed bY applicable law.At�er the Wne required by appllcable law,Tn�tee shall give public notice
<br /> of sate to tIm peisons and in the manne�'pr�[bed by applicuble law.z�c�, �t�anc a��,a oo so�w�,shell sell
<br /> the pcoperty at publis audton to t6e h[ghest bldder at the Hme and plsoe and under t6e terms desigaated in the noHce of
<br /> sate in oae or buc a�nIIO��c�nent at th time n d place o�Y ianY P vtou�sl ��l�nsat�e.�Le°d t or Its d�ee maY
<br /> PtoPeriy by P
<br /> purchase the Property at any sale.
<br /> Form 3026 8/80
<br />._ Pepo 5 of 8
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