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<br /> ��' ' 37. "?'ransfer of the :'r��erty or a 6e�eficiai Inte:es? in Rorrower. If all or any art of the P.*o
<br /> w.,,��-�-a - i 'i u;t:an�ferred (or if a beneficial interest in Borro�ver is sold or,ransferr:ci and Borrowei is not�nacural person)r�ithout
<br /> '��``'"" �� L.enucr's �rior «ritter crosent, i,ender mav, at iis option, require immediate pa}•ment in fu!! of alt sums sec�red hy this
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<br /> x ,�� Securit� In�!rumen;. H;,��evcr, [I115 Gptio:�shall not be ezerciseri by L,ender if exe-cis�is proliibicui oy federsl law a5 of the date
<br /> ``��� �,et.his Securit}�Instrumcr.!.
<br /> ���� If L,^nder e:terci�°s this option, L,ender shalf give Rorrower notice of acreleratior. 'rhe notice shall prov�dz.�period of not
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<br /> �,;�s_� iess t�ar ?0 days from the date the notice is delivered er maEled w�iihin which Borroaer must pay alt sum; secured b� this
<br /> �-� ��=-x. S_cunt} Iustc��mc�t. If E3orro•ae,-;ails to pay these sums prior to the expiration of this period, Lender may imo;:e any remedies
<br /> aern��!ted by ttiis Securiq� tns;r�men?�vithout further notice ar c�emard or�Br,'to��er.
<br /> ��,� 3$. Bc�rrawer's Right to Reinstate. If Borrowe� meets certain conditi�ns, $orrow�er shal( have the rieh� ;o ha�e
<br /> k �� ._�� enforc�:mer.t of t1-;is Secu{ty In;.rumert discortiru°d at a��• time prior to the earlier of: (a} 5 da•ys (or such other �nriod as
<br /> ��- r' , .' �PF���s��e 1��v may sperfy for re;nstx,emenr� bcfore �.�le �f the Property pursuant to any pc�wer of ;ale :ontair,ed in this
<br /> Securit}� Tn,trument; or tb)entry of a judgment enforcine this Security Instrument. Those conditions aP'e that Borro�ti•er. (a) pa��s
<br /> Lender alf sums which then wou!d be due under this Security Instrument and the 1Vote as it no acceleratior, had occu,-reci: (b)
<br /> CU��S any defau!i of any other covenants or agreements; (c) pays all expenses incurred in enforcinp th�s Security Instrument,
<br /> inc!udin�, �iut r.�t limiteo to. reasonable atton;eys' fees: a�d �c+) takes such acticn as L,cnder r,iay reasonabl� �equire to assure
<br /> that the Eicr or this Securir. Insirument, Lender's ri�hts in the Froperty an� Borrower's obligarion to pay the sums secured bv
<br /> this Security Instrurnent siiall ce�tinue uncha7�ged. Upon reinstatemer,t oy L,,rrower, this Security Instrurt;ent and the
<br /> ob%i°�tions secured hereo�� shall remain fuliy effeetive as if no acceleration had cccurred. However, this right to reinstate shali
<br /> r.ot app!v in the case o�acceleration under p_ragraph I i.
<br /> � 39. 5ale of '�ote; Change of Loan SRrvicPr. The Note or a pa!tia� interest in the Note (together �vith this Security
<br /> ���,.,.:•, !r,swrr:ent)may be sold one ar more tir*ies witi�eut prior notice to Borrower. A sale may result in a chan£e in the entity� (know❑
<br /> ,�� o; the "�oan Servicer") that collec.s monthiy pa}�ments due under the Nete and this Secur'ty Instr�ment. There also may he one
<br /> '"`"�- vr � change�of the Loz�Sen•icer un:elatea to a sa!e�f the tiote. ti there is a cnanQe of the Loar. SPrvicer, Borro�tierµill be
<br /> ��+ ��� : ; �tten ro[ice of the change in acrnrdance vri,h paragraph 14 above and applicable law•. 'I'he notice will srate the rame and
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<br /> ��,��� :sdar«s of the ne«• Loan Servicer and the address to �.hich payments should be made. The notice will also contain any other
<br /> ��`�#3_ infs,ri��atio„ required b�� applicable law.
<br /> z .� ;�� 20. fiazardous Substarces. Borrower shall not ca�se or pern�it the presence, use, disposal, storage, or release of am�
<br /> �<:;� Haz�;rdous Sul�ctances on ar in ihe Propert�. Bor;ower shall not do, nor a!low anyone else to do, anything affecting inc
<br /> ' '�� Pro�em, that is ir: violation oi am� Environmental Laa�. i he preceding two sentences shall not apply to the presence, use, or
<br /> _:���"�� stora_� or. tiie Propert} of sma�l quantitses of Hara:dous Subs[ances that are generally recognized to be apprepriate to nnrmal
<br /> �`� residenti•a� ases and to i;iaintenance o�:l�e Propem;.
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<br /> ��,.�� L'orrow,er shal! promptly givc L�nder �.vritten notice of any invest�¢ation, claim, demand, lau�suit or othcr action ;� any
<br /> �K�"'.:r�: eevernn,��.�a; �>r reculator� ��encv or private part}• involrin,thc PropeRy and any Hazardous Substance or r,nvironmental Law
<br /> ��.�� e�f�,hich Borrower has actual kno�l!.��e, If Berrawer learns, or is notiiied Ey any governmental or regulatory authorit}, that
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<br /> ,�,�`=�`;,� am remo�a! or other remed�ation c`a�y Ha7�rdous Substar:ce affecting the Property is necessary. Borrower shall promptly take
<br /> '_:'� 211 necessar✓ remedial actions in accordance with Em�ironm_,ual Law.
<br /> As used in this paraeraph 20, "Hazard��:�s Substar.ces" are those substances defined as ioxic or hazardous substances bv
<br /> Emi;onrnental Law ard the (ollo�vin� sub�tunces: �asol�;;e, kerosene, othcr flammable or toxic petmleum products, toxic
<br /> pe�c!c�a�s and herbic�d�s, �olatile so!vent�, n�:.ter.alc cor.ta9ning asbestec or fcrmaldehyde, and radioactive m2terials. As used i�
<br /> �,.- - ti;is �aragraph 20. "�m�ironmer,tal L����" rneans federa! laws and la;�s of:he jurisdiction k��tere the Property is loca:ed ttiat
<br /> r '� re!ate to hea!t!i. .;a;ct} cr en�ironmer.:al pro!ec!ion.
<br /> ���"'�'� ;�O`�-i;tiIFOR�i CO�'E'�ANTS. b:;;r���tcr ar:� Lerder furthe�co�enar.t and a�ree as follov:s:
<br /> ����: '-1. :�cre(eration; Remcciies. Lender siiall �i�e nnt:ce to Rorro«er �rior to acceleration f�il!o�s�n� 13orrowrr's breach
<br /> �n-�'�``�`� of an; �-o�•enant ur ��hreement in thi.� Securitr• Instrument (bul not prior to acceleration andcr part��raph 17 unless
<br /> � ��-,�" aP4�lfc.ab;e I:n prvcidtw uther��ise). The notice �1•all saecif}: (a) the deFault; (b) Ihe action required to care the default;
<br /> X'�: (c) a date, ttot !css tftan .iQ d��s frnm the date the etotice is gi�en to f;orro«�er, b}� «•hich the default must be curei; and
<br /> z f��) th;�i fail�re to cure tlie default �n or before the date speciPi�d in the notice may resulf in acceleration oC the s:�ms
<br /> secu:r�3 b� this Securit} Instrument and sale oi tne Propertr. The notice shal! further inform Borro�rer of the r'�ht to
<br /> � y r.:��state after acce:eratEon and the righc to brinQ a court action to assert the non-existence of a default or anv �tl�er
<br /> ,��`.����Y c?eFense oF �3orro�cer to acceleration and sale. Tf the defautt is not cared �n or before �he date specified in the notice,
<br /> q�-�-,�' Lender, at its rption, may require immedia,e payment in fuli of al! sums secired b� this Secur'sty Instrument «•itliout
<br /> �"�_x. ti�rtner demand and may� im•oke the�>�scr of sale and am ather remedies permi!ted by applicable la«•. Lender shall be
<br /> '=�j;� , enttii�ect te c�llect a�l expenses incurred ih pursuing the remedies revided in this
<br /> P paragraFh 21, including, Sut not iimi:ea
<br /> � to, reasonablc sttorne�•s' fees and costs of title evide�ce.
<br /> y°��`" � lf :!�e pmcer of sale is :r.voice�, Tru�tee shai; rerord a notice of def2ult in each countv in «�hic:► any part of the
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<br /> �M.�� i Pro;;ertti i� ioeate�i and shati mail ccipies �f se�ch notice in the manner pre,ceribed by applicabie ►aw to Borro�ser and to
<br /> ��,, the oti�ea percons�rc�scribecf by:��,pii.able la«. tlfter the time require� by a�plicablr law,Trustee shail give public notice
<br /> �'� of sale t�� tlte persons ancl in the manncr prescribed by a�plicable iaw. Trusiee, withcut dernand on Borrower, shall sell
<br /> the Propert}• at pitblic auction fo the highest bidder at the time an� place and under ti:e!ernis desi�nated in the notice of
<br /> sale in one o; more parcels and in anr• or8er Trustee deterrnines. Trusfee ma}� past!mne sale of all or anr• parcel of the
<br /> -�fi'' Prcipert� bc pi�btie annot�ncement at the time and place of any previausly scheduEed sa:e. Ler.der or iis d�ignee ma��
<br /> ' purchase ti�e Property at aay safe.
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