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<br /> t7. i'��aLfa:o�tt�e :apt.-:;�oe �Ik:k:'t:l�l Ezue�r:i ia�orr�u.r.[S',�11��r an� Furt uf th:Cr,�rc� or an}'intc.-�st in ic
<br /> is u�l.!��r trr»tifcrc�til I��r if ube��eficisl iiucrc�t in&�rruNCr is u�id or tr;ut�C�ri.�l aixt&�rruwrr i�ix�t a iu;�urul�rN�n► witht�ut
<br />' le�xlrr'. prit�r wriuen r�+�i.cn1. Leixl<r u�y. at i1. �yHi„n, rryuir� imn►.�cliatc• p:��meni in ful! uf •rll �um� �tiure.t hy thi�
<br /> Se:urity Imtrwncnt. Hnw�c�•er.thi�opiiun titull rud be exc�rikYl by l.ttxicr iC cxcr�iu:i.prot�ihit�vl hy fedr�al law;�,.uF tfu dutc
<br /> uf this 5c.urity hntrun�ent.
<br /> li lAiulr�exercises this upiiun.L�nder shull gi�•e[i�,rn�w•er iwticc uf rr:elcr.�tiun. 'PIk �w�irc�tull pn,ti ide a peri�►�I nf ncu
<br /> f�c<fian ?t) �t�yc fmm fi�datc thc nc�tice ic cfirliti•cr�d ur nuiicd w'ithin w hirh 13��rro���cr n�u.t pa�• all su►ne sccur��! by this
<br /> ��urity�Imtrumcnt. If Hc�rmK•er fails tp pa�•thc.e sumc prio�tu ttu expir,dic,n uf thi�p�ri�xt, Lrrnlec n�:►y inti•vkr an}�rentctiiicti
<br /> �nittc�h}• �hi�Sccuriq Inatrunxnt u•itlu�ut i'unl�cr ixuic�ur Jc��u�ul un I3orruw.r.
<br /> l8. lt.urower ti Ri�ht to Rei��.Siate. If Borrower mects certain corxlitivn�. RorroWer �hall ha�e the right tu have
<br /> enf��rcenu�u uf thi� Sctiurity In�trun�.nt diuu�itinuecl ;at au}• tinu priur t�� tiie r.ufi�r ut: ta)S Ja�. lur tiurh uther p�:rii�l as
<br /> upplicable law• mz}• �peeify for rei�t�tatenient) befure salr of the Property puc�uant to uny p��u•cr uf >atr containc�i in �hi`
<br /> Security Instrument;or�h)entn� of a iudgment enforcing this Security Tnstrunxnt. Thoce candition.c are that&m•aW�er. (a)�uys
<br /> Lerxlcr all tiums which thcn w•ould be ciue unctcr this Securiry in�trument and Ihe Note ac if no aeceleration had occurred:(b)
<br /> curcs any default of any uther ca��enants or agreemems; (c) pays all expenscs incurreJ in cnforcing this Security Instrument,
<br /> in:luding, twt ixu limited to, re�sonabte utomeys' fees, and(d>tal:es such action a� Leixler may�easonabl�� require to assure
<br /> that the lien of tbis Security Instrun�ent, Lender's ri�hts in the Property arxi Borraw•er'�obligation to pay tNa sums secured hy
<br /> this Securit�� lostrun�ent shnll continue unchanged. Upon rein�tatement by Borrower, this Security In�t�unKnt arxl ti�e
<br /> obligations secumd hereby shall remai� fully effecti��e as if na a��celer;uion had accurr�d.Hauever, this right w reinstato shall
<br /> not ap�ly in thc case of;ucelero:ion under paragraph 17.
<br /> 19. Sale oi' Note; Chan�e oi I.oan Sera•icer. The Note nr a partial interest in thf: I��uc(together with �his Sc;�.r.ty
<br /> Instrutnentl nta��be sold one nr more tinu.a w•ilhaut prior notice to Borrower. A s�le may r�sult:�a change in the entit� (icn�Wn
<br /> a��he 'Luan Servirer"1 that coilects nu�nthh•payme��;�eiue uncfer the Note aiid this Secwity Instrument. Then alsc�n�a}� f+e one
<br /> or more changes of the Loan Servicer unrelatal to a..�'.e�•f the Nate. If there is a etwnge of the Loan Servi��r,ti:=rmx�r WiU be
<br /> given written notice of the change in accorclanee with para?;raph :�above und applicable iaw. TAe notice wi�i atai.:ti'�e�:,ne and
<br /> acid��e�s uf�I,:nea• Loan Servicer and tiu�idress tu which paynFents should be macle. The notice will alx�o,un�ta:n a�a�other
<br /> infomnalioi�rc�quired bJ�applicable law.
<br /> 20. Hazardous Substances. Borrouer sli�ll:xu cause or permit the presence, use, disposal, stur.�ee, �v �e:e�c �f any
<br /> Hazardouc Cubsiance� on or in tlu Property. Borri�wer shall not do, nor allow anyone else to do, am-thing affecting the
<br /> Property that ic in violation of�o��Envimnmental Law. The Precedi�g tw•o centences shall not apply to th:presence, use,or
<br /> starage on the Propert}•of small quantities of Ha7arcious Substances that are generally recagnized to be appropriate to narntia]
<br /> residential uses and to maintenance of the Property�.
<br /> Borrower shall promptly give Lender written notice of any investigation,claim, demand, lawsuit or other action by any
<br /> governmental or regulatory agency or pri�•ate party involving the Propeny and any Hazardaus Substancc or Environmental l,aw
<br /> of which Borrow•er ha�actual knou�ledge.lf Borrou:r learns,or i�notifietl by any govemmental or reguh.�:a�ry authority,that
<br /> any removal or other remediation of any Hazardous Si:bstance affecting the Property is neoessa�y,Borrower s:�a11 promptly ta1:e
<br /> all necessary remedial actions in accordance with En�ironmental l,aw.
<br /> As u._ti.�in thi�paragraph 20, "Na�rdouc Substances" are those substances defined as toxic or hazardous substuwes by
<br /> Enviromt�.'t�a1 Luw and the folloWing substances: gasoline, kerosene. other tlammable or toxic petmleum products, toxic
<br /> pesticides ar►d herbicides, volatile sol�•ents,rnateri�ls�ntaining asbestos or fom�aldehyde,and radioactive msu°.rials.As usYd in
<br /> this�►aragraph 20, "Em•ironmental Law"means fa;ecal laws and laws of the jurisdiction where the Pmpert}• is located thai
<br /> relate to health,safety�r environmental protection. ,.
<br /> NON-UNIFORM COVENANTS. Borcower and Lender funher rnvenant and agree as follow•s:
<br /> 21.Aecetw-atian;Remedles.Le�nder shall give►�tice to Bor��ower prwr to acceler�tion fdlowtug Bomower's 6reach
<br /> vi iuj Cv':cLiiu ai��it�catiuc8i iit uiis�iii iiY iiui�u�iia�i �iwi �wi (�-n►f w �tt'Ceipyiiuti Wt/itr [lil7lxf7t[111 1% tlOtl�S . .. ..
<br /> applk�bte!aw psovides otber►�•ise).�'he notice shall specify: (a)the deE'sult; (b)t6e aMion required to cure the dc4sWt;
<br /> (c)�date, not less than�0 davs Gom tbe ds�te the natice is given to BomoN�er, by which tl�e defauU m�ui be cured;and
<br /> (d� t6at faiture to cure the default on or 6efore ti�e date specitied in the notice nspy rewlt in accd�sation ot the sums
<br /> secured by this Security Instrument sind sale af the Property. The�wttce shali furt4er infortn Borro�•er of t6e riyi�t to
<br /> rei�te atfter acceleration and the right to bring a court action to assert the aon�xisteace ot'a default ar an��other
<br /> defmse ot Borrower to�ooeleration znd sale. Ii the default 1s not cured on or before the date speciC�ed ir.the notice,
<br /> Leodes, at its option,may requtre im�aediate payment in full of all sums secured by tBic Security Instrumeat wittwui
<br /> f�rther deawnd and may iavoke the pox•er of szte znd any other remedies permitted by app�icable law.I.entler si�U�e
<br /> entitkd to co0ect s11 expeases incurred in pursuiag the reme�ies provided iu this par�rap6 21,includiaE,but oot liwited
<br /> to,t�asonaWe Wtorneys' fees and casi.s oP title eiidence.
<br /> It tbe poNer of ss�le is invoked, 'IY�ctee shall rtxord� ootice of default in each couniy ia w6ich siny pwt oC the
<br /> Propecty ts located and shAll mail copies ot sucJ�notice in the m�nner�esc�ibed by app�8pble Istw to BorroK•er and to
<br /> the ot6er persous�rescribed by applipble law.After the time requlred by applics�ble I�w,Tnutee shall give public aotke
<br /> of sale to t'he persons and in the manner prescriix�i by applicable law.Tn�stee, witboat demand on Borrower,s2w11 seil
<br /> tlse Property�t puWk�ctian to the hlY6est bldde�s►t the time and place and under the termc design�ted in the notke of
<br /> sale in oae or more parcets�nd in any c-der Tn�stee determines. Tniiee may postpone sale of all or any parcel ot the
<br /> Propertv by public an�wuncement at the Wne and place of any previously scheduled sale. I.ender or its desi�tee may
<br /> purchase tfie Property at aqy sale.
<br /> Fo.m 3G.^.8 9/90
<br /> Papo 5 of 6
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