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<br />18. Borrower's (tight to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this
<br />Security Instrument discontinued at any time prior to the earlier of: (a) 5 days (nr such other period) as applicable law may specify for
<br />reinstatement) before sale of the Property pursuant to any power of sale contained in this Security Instrument; or (b) entry of a judgment
<br />enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this
<br />Security Instrument and the Note as if no acceleration had occurred, (b) cures any default of any other covenants or agreements; (c) pays all
<br />expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees; and (d) takes such action as
<br />Lender may reasonably require to assure that the lien of this Security Instrument, Letder's rights in the Property and Borrower's obligation to
<br />pay the sums secured by this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument and
<br />the obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply
<br />in the case of acceleration under paragraph 17.
<br />19. Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security Instrument) may
<br />be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity (known as the "Loan Servicer") that
<br />collects monthly payments due under the Note and this Security Instrument. There also may be one or more changes of the Loan Servicer
<br />unrelated to a sale of the Note. ]f there is a change of the Loan Servicer, Borrower will be given written notice of the change in accordance
<br />with paragraph 14 above and applicable law. The notice will state the name and address of the new Loan Servicer and the address to which
<br />payments should be made. The notice will also contain any other information required by applicable law.
<br />20. Hazardous Substances. Borrower shall not cause nr permit the presence, use, disposal, storage, or release of any Hazardous
<br />Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the Property that is in violation of
<br />any Environmental Law. The preceding two sentences shall not apply to the presence, use, or storage nn the Property of small quantities of
<br />Hazardous Substances that are generally recognised to be appropriate to normal 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 gvvernmentai
<br />or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of which Borrower has
<br />actual knowledge. If Borrower learns, or is notified by any governmental or regulatory authority, that any removal or other remediation of
<br />any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with
<br />Environmental Law.
<br />As used in this paragraph 20, "Hazardous Substances" are those substances derived as toxic or hazardous substances by
<br />Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and
<br />herbicides, volatile solvents, materials containing asbestos nr formaldehyde, and radioactive materials. As used in this paragraph 20,
<br />"Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or
<br />environmental protection.
<br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />21. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any
<br />covenant or agreement in this Security instrument (but not prior to acceleration under paragraph l7 unless applicable law provides
<br />otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default;
<br />(c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and
<br />(d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums
<br />secured by this Security Instrument, foreclosure by judicial proceeding and sale of the Property. The notice shall further inform Borrower of
<br />the right to reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or any other defense of
<br />Borrower to acceleration and sale. If the default is not cured on or before the,date specified in the notice, Lender at its option may require
<br />immediate payment in full of all sums secured by this Security Instrument without further demand and may invoke the power of sale and any
<br />other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in
<br />this paragraph 21, including, but not limited to, reasonable attorneys' fees and costs of title evidence.
<br />If the power of sale Is Invoked, Trustee shall record a notice of default in each county in which any part of the Property is located and
<br />shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable
<br />law. After the time required by applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by
<br />applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and
<br />under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all
<br />or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may
<br />purchase the Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in
<br />the Trustee's deed shall be prima facie evidence or the truth or the statements made therein. Trustee shall apply the proceeds of the sale in the
<br />following order: (a) to all costs and expenses of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually
<br />incurred, not to exceed 3.000% of the principal amount of the note at the time of the declaration of default, and reasonable attorneys' fees as
<br />permitted by law, (b) to all sums secured by this Security Instrument; and (c) any excess to the person nr persons legally entitled to it.
<br />Indebtedness secured by this security instrument is subordinate to the lien of any senior line holder, "Notwithstanding Lender's right
<br />to invoke any remedies hereunder, as provided in paragraph 7 above, the Lender agrees that it will not commence foreclosure proceedings nr
<br />accept a deed in lieu of foreclosure, or exercise any other rights or remedies hereunder until it has given the senior lien holder at least 60
<br />days' prior written notice. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 23
<br />including, but not limited to, reasonable attorney's fees and costs of title evidence.
<br />22. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the
<br />Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee
<br />shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall
<br />pay any recordation costs.
<br />23. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee
<br />appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the
<br />Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law.
<br />24. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address, which is the
<br />Property Address.
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