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20020`09 200205680
<br />17. Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interest in it
<br />is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Burrower is not a natural person) without
<br />Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by this
<br />Security Instrument However, this option shall not he exercised by Lender if exercise is prohibited by federal law as of the dare
<br />of this Security Instrument
<br />If Lender exercises this option, Lender shall give Borrower notice of acceleration The notice shall provide a period of not
<br />less than 30 days from the date the ntrice is delivered or mailed within which Borrower must pay all sums secured by this
<br />Security Instrument, If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies
<br />permitted by this Security Instrument without further notice or demand on Borrower.
<br />18. Borrower's Right to Reinstate. If Burrower meets certain conditions, Borrower shall have the right to have
<br />enforcement of this Security Instrument discontinued at any [title prior to the earlier of (a) 5 days (or such other period as
<br />applicable law, may specify for reinstatement) before sale of the Property particular to any power of sale contained in this
<br />Security Instrument; or (b) entry of ajudptnent enforcing this Security Instrument Those conditions are that Borrower. (a) pays
<br />Lender all sums which then would be line under this Security Instrument and We Note as d no acceleration had occurred: (b)
<br />cures any default of any other covenants or agreements: (c) pays all expenses incurred in enforcing this Security Instrument,
<br />including, hilt not limited to, reasonable attorneys' fees; and (d) takes such action as Leader may reasonably require to assure,
<br />that the lien of this Security Instrument, Leader's rights in the Property and Borrower's obligation to pay the sums secured by
<br />this Secuny Instrument shall continue unchanged- Upon reinstatement by Borrower, this Security Instrument and the
<br />ohligmimns secured hereby shall remain fully effective as if no acceleration had occurred_ However, this right to reinstate shall
<br />not apply In the case of acceleration under parngraph 17.
<br />19. Sale of Note; Change of Lena Scrvicer. fhe Nole or a partial iateces[ m the Note (together with this Security
<br />Astrumcnp may be sold one or more limes without prior notice to Bonnier. A sale amy result in a change in the cooly (known
<br />as the "Loan Scrvicer ") that collects monthly payments due trader the Note and this Security Instrument There also may he one
<br />or more changes of the Loon Serviecr unrelated to a sale of the Note_ If there is a change of the Loan Servicer, Borrower wall be
<br />given written nt of the change in accordance with paragraph 14 above and applicable law. The notice will state the name and
<br />address of the new Loan Scrvicer and the address to which payments should be made The notice will also contain any other
<br />iu rot man on required by applicable Inv.
<br />20. Hazardous Substances. Burrower shall not cause or permit the presence, use disposal, storage. or release of any
<br />Humdous Substances on or is the Property . Borrower shall not do, nor allow anyone else to do, anything affecting the
<br />Property that is in violation of any Fnviromn anal Law. the preceding two sentences shall not apply to lire presenw, use. or
<br />storage on the Property of small quantities of filtrations, Substances [hat are generally recognized to be appropriate to normal
<br />residential uses and to maintenance of the Property _
<br />Borrower shall pronamb give Lender written notice of any investigation, claim, demand, lawsuit or other action by any
<br />governmental or regulatory agency or private party involving the Property and any Itazardnus Substance or Envionmental Law
<br />of which Borrower Ines actual knowledge. If Burrower learns, or is notified by cry governmental or regulatory authorty, that
<br />any tenurial or other remedimion of any lWeadous Substance affecting tine Property is necessary, Borrower shall promptly lake
<br />all necessary rlarellad actions in accordance with Environmental Law_
<br />As used in this paragraph 20. "Hazardous Substances" are those suhstan e, defined as toxic or hazardous suhstancus by
<br />Environmental I and the following sub,tnnces: gasoline, kerosene other flammable or tonic petroleum products_ toxic
<br />pesticides and hcrhlcides, volatile so lvenls, materials containing asbestos or formaldehyde and radioactive motenats- As used in
<br />this paragraph 20, Enviromncntal Law" means federal laws mid laws of the jurisdiction where the Prpmty is located that
<br />relate to health, .safety or environmental protection
<br />NON - UNIFORM COVFNANTS. Borrower and Lender h ether ,ovcnmu mid agree as follows:
<br />21. Acceleration; Remedies. Lender shall give notice to Borrower print to acceleration fallowing Rnrrower's breach
<br />of any covenant or agreement in this Security Instrument (hut not prior to accelcrmion under paragraph 17 unless
<br />applicable law provides otherwise). The notice shall specify: (a) the default; (h) the action required to cure the default;
<br />(c) a date, not less than 30 days final the date the notice is given to Borrower, by which the default must be cured; and
<br />(d) that failure or cure lire default on or Ware the dale specified in the notice may result in acceleration of the sums
<br />secured by this Secnriry Instrument and sale of the Properly. The notice shall further info. Borrower of the right to
<br />reinstate after acceleration and the right to bring a court action to assert the non - existence of a default or any other
<br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice.
<br />Lender, at its option, may require immediate payment in full of all sums secured by this Security Instrument without
<br />further demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall he
<br />entitled in collect all expenses incurred in pursuing the remedies provided in this paragraph 21, including, but not limited
<br />to, reasonable anoncys' fees and costs of title evidence.
<br />If the power of sale is invoked, I rmtee shall record a notice of default in each county in which any part of the
<br />Property is located and shall mail copies of such notice in rho manner prescribed by applicable law to Borrower and to
<br />the other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice
<br />of sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell
<br />the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of
<br />sale in one or more parcels and in any order Trustee determines. '1'nustee may postpone sale of all or any parcel of the
<br />Property by public announcement at the time and place of any previamly scheduled sale Lender or its designee may
<br />purchase the Property at any sale.
<br />Form 3028 9190
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