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�:-.� __ <br /> � ...�.... . . , -; -_ - --_ __. <br /> i��. � ' _ :�o.�;�:...�� .:� _ - - -- --- �-�=—_ <br /> ' 17. Yranst�r cf ttw Prop�rty ar a B�n�Hclal Int�nat in Borraw�r, i� ,�w or any pan at ihe RopKty a <br /> � �ny ht�ra! in it Is aold or 4anit�rr�d(or M a 6mNicL!int�rul In EiorroNK is�old or transiwred and Bortow�c 1�nct � natu�a! <br /> pKaon) wdhout l�nder's pdor writt«+ conaml, l�nd�r may.�1 its opllon, rpuk��il�t�paym�nt w� tuY o1�d sum� a�cund by <br /> IMa y�cur�ly tnitrum�nt How�vK. IMs oplion shW not W ��as�d Dy L�ndM d ex�rcl6R�s proMb�t�d Dy I�d�ai kw �s nf ttur <br /> d�t�ol thh S�curih Malrumu+f <br /> N L�ndw� �,crdaa tl+fa o}ri;c�n,L�rerlor at�Y y�v�Barow�r noGc� oi acc�tw�lio„. TM nutica shaY►xovuf+ r pwiod ot nul <br /> Naa than 90 �y� hom th� tLt� Ih� naUc� b d�W�nd w null�f wilhfn whkh Bortow�r muaf pay r!1 suma sau��d by Ihia <br /> S�c�uity In�trun�nl. N Borrow�r fa�i4 to pay th�te sums prior to th��pkaUon of thi� purwd L�ndw nwy fnvok��ny nn�s <br /> pwnWl�d Dy iM�S�c;►�ity In�itum�nl without fuhh�t noilc�w de�tw�d on Barow�r. <br /> 1�. B�'KIDw�r'� Wlght to R�Inatat�. H Bcx►c+wK m�Ms c� conditGons. Bortowr shail hav� th� riqhl to hav� <br /> rntarcemp�t o!tAb S�cuMty k�strumsnt diiconUnu�d �t any dme prfor b tA• �aruer o1: (�) 5 days (a such otAar pMOd as <br /> appYc�bN I�w may s�cly la nintlatan�nt) bdor� sal�of th�Prop«ty pursuant to �ny pow�r of sal�cantaln�d in th1�S�curity <br /> Instrumeni; or (b�entry ot�judpnwnt �nlorcinp tnb S�cwiiy Instnm�nt. Those condiiioa+s u� thal Barrower. (w) ptys Lender xfi � <br /> surn�w�kh then would be du�und�this�curity Instrum�nt and th• Nole aa if no Rccal�nlion had occurtad; (b) curts any Q <br /> dotauq ot any olhor cov�nant a aqro�n�nts: (c)pays pll �xp�nsos incurt�d in antorclnfl tNs S�writy Inatrumant, hcludinp. but � <br /> not Yrwtod to, rMSOnablt attom�ys'lexc; xnd (d)Sakas such�cUon�s Landar may rwsonaby rpulr�to �ssur�Ih�t 1h� li�n of <br /> thls Srcurity InsWrr'wnL l�ndar's �iqhls In th� Prop�rty �nd BortowK s obJiq�Uor► to pay tho sums s�c�u�d by Ihis S�curity <br /> Instnim�nt shall conUnus unchangad. Upon rNnsts2«nmt by Borrowar, thls S�curity Instrumant and th� obligttlo�s sacund F1 <br /> henby sh�ll r�in iuly efi�ctivo aa N no �ccw�►�tion had occurted Howsver,this ripht to��instat� shall not appry in tlw cas� <br /> of accator�tlon undar pvayraph 17. <br /> 19. Sal� oi Noto; Chanyo of Loan Ssrvlao�. 7ha Nots w a . parua �,c.rast tn che Noto (toqwne� w�cn chis <br /> Securiry Instrumwit) may be sold ona or more timas witAout prior notice to Bortowar.A sala rtwy rosutl In a chan9e in the onUly <br /> (knawn aa lha'Loan Swvkar')tlwt coY�cts monthty paymer�ts du�und�th� Nats and this S�cwtty kistrumw�i. ThK�atso may <br /> b� :,R^c :.P �t37:. �:.�i.^��yv� 3! th0 ��«� .,�3i:1Gai Uiwwti�i i3 i a�l� 4i iriG ir'�iv. Y tiiiri� u. i 'u`wu�yo Oi ii�i C'vii� .�w�'vii.w. <br /> Borrower wiY b�glv�n writtm notiu o1 the chan9e in accordancs wdh puaynph 14 �bova and applicablo law. Thf notko wiW <br /> state Iho nsme�nd address of the new Loan S�rvlcw and th�addrsss ta which payments shoutd be made. The notice wiW dsp <br /> con2�M► any oilwr intomation requk�d Dy appYcable law. <br /> 20. HaZSrdOUi Sub�liilC�l. Borrowr shall not cause or permit tha presance, use, disposal, stuag�,or relaas� of <br /> any Hazardow Substancea on or In tAe Propsrty. Bortow�r ahaJl not do, nor atlow anyon� else to do. anythkig affacth�th� <br /> Rop«ty that is in violatwr� of any Environm�ntal Law. The prsc�diny two sentences shall not appy to tha pr�aence, use, or <br /> stwape on th� Proprtyr of uruY quantitlas ot Hazardous Subatances that aro yeneraYy recoynized to be approprkte to nom►al <br />: nsIdmtial usas�nd to mak�Unanr.�of tM Plropwty. <br /> Bo+rowar shaY prompUy gHo Lendv written notke ot eny invesUgatlon. cla(m. denwnd. lawsuil or other �ctlon by any <br />. yovemm�ntal or npulatory ayeney or private party invotvin9 the Property�nd any Hazudous Substance or EnvkonmenUl Law o1 <br /> whlch Borrower has actual knawiadge. If Borrowe► leams, or ls notibed by Any yovemmental or reyu4►tury wthairy, that any <br /> romow! or ottw nm�diation ot any 1�lazardous Substance �ttectinp Property is necessary, Bortower ahall pronpdy take a!I <br /> n�ssa�ry r�m�dial:cUons In accordance with Envkorxnental Law. <br /> As ussd in thic pa►ayraph 20.'Hazarebus SubsLnces' are those substanc�s ddnad as toxk or hazardou�substanc�s by <br /> Environmaital law and the toltowing substances: gasoline, kerosena, otha tlatrunable or toxla paVdaun praducts. toxla <br /> pastldd�s�nd herbicidss, vdatils soNents.mat�rWs consaininy as6estos or tomnldM►yde. and ndioactiv�matuials. Aa used in <br /> parayraph 20. 'EnvKOnmental law'means te�tl laws are� taws at thQ jurisdiction whare th� Roperty ls bcated that re(ate to <br /> � Awqh,safely or artviroomental prot�cUon. <br /> NON-UNlFOAM COVENANTS. Borrow�r and Lender A�+ther covanutit and agroe as foYows: <br /> ° ii. iacc�i�raao�; n�madiss. i.�na�r si�aii Qiv� nvtico to esorrow�r pnor to acc�la-atto� <br /> followi�p Borrow�r'� bnsch of any covsnant or a�r��tn�rrt in tl�ls Sacurity leatrun�nt (but oot <br /> prior to acc�nt➢ot� u�do�psray►aph 17 u�lass applicabl� law provldas otherwisa). T!� notice <br /> shal! spscNy: (a) th� dafaolt; (b) tfw actlon r�qufr�d to curo tha defauR; (c) s dato� not I�ss than <br /> 30 days from th� dat� tlw natk� ia pivon to Borrowsr, by whlch tfw dofsult must b� cund; and <br /> (d) thsd fatlur� to cuti ttw drfautt on or b�for� th� dat� sp�cifNd M tha �oNc� msy nsult In <br /> sccal���tlon af th� wms s�cund by thts S�curity tnstrum�nt snd sals af tlw Proporty.Ttw notic� <br /> shall turttwr t�farm Borrovwr of tho �i�ht to rotnstat� aftsr accoi�ratlon and tha ►isht ta briny a <br /> court actton to ass�rt th� non-�xist�nc� ai a d�iwlt or any othu d�fansa of 6orroew�r to <br /> accd�tlon and sal�. If ttw d�fsult ts nat cer�d on or b�foro ttw dat� s�if�d in th� notico, <br /> L+�nd���R iis oQtion may nqutro tmm�clisH psym�M in full af a11 sums a�cur�d by thie S�curity <br /> in�9ru� wiii�ou�t iur�i�r oi�mand and mry invok� tiw pow�r o� sat� and any otfwr r+em�dt�s <br /> psnnttt�d by applicabl� law. L�nd�r slsall 1» sntitlod to coll�ct all �xp�nsas iecu�d �n purwinQ <br /> tho r�m�di�s provld�d tr� this para�sph 21, including, but not limit�d t0. ��aaonabi� dt�rr�y�, <br /> i�and costs of tiW �vldsnca. <br /> , � t!N poMr�r af saM is invok�d, Trusta� shall racord s notic� W d�fauEt In �sch couety tn <br /> wt�ch any put af th� Prop�rty is locatod and shaU mail copios of wch natic� in tlw mannar <br /> Pr�scNb�d by appqcaW� law to Bonowar and to th� ottwr p�rsa�s prasc�ibad bf► sPPlicabl� law. <br /> Aftw t!w �» nquir�d by�pPltcsbl� Isw. TrustM shatl �ivo pubUc notico oE sal� to th� p�rsot�� <br /> and In tfw mann�r proscrtb�d by apppcablo law.Tn�ste�, withou!d�mand on Borrow�r,shsll s�Q <br /> , th� Proporty at pubUc wdlon to th� hlgh�st 6idd�� at th� tlrn� and plac� and und��th�tonns <br /> d�sipnabd in th� noNc� of sal� in orw or mor� parc�ts and in any ord�r Tru�tN d�tormie�s. <br /> . TruuN tnay po.�tpon� sat� of aU or any parcd af the Prop�rill M► Public announc�m�et at th� <br /> . tie� and ptac� of sny prwiousty schodul�d s�. Lender or its desi9nes may purchas� tha <br /> R:�:.y s.Z sr�y �w. <br /> Upa� nc�ipt of pay�n�ot af th� pNc� bid, TrustN shall dolivsr to th� purchss�r Trusiw's <br /> dNd conwying th� Prop�rty.Th� ncitats in th�TrustN's dwd shalJ 1» prima faclo ovidanr,o af <br /> ti�tn�th of the stabm�rsts msd� tlwnie. Tnutw shaU apply ths procwds of tfw s�I� in th� <br /> followi� o+rdW: (a� to all costs and �xp��s�s af ox�rcisln� th� powvor of sal�. and th� salo. <br /> ioclud"a�th�paym�nt of th� T�ustM's f�ss sctuatty iocurr�d, not to �xcasd ttuso <br /> 9G o#tiw principal amount of ttw <br /> nob at ttw titn� of th� d�claratton af dafauit, and roacoeabio attomoy's f�s as parmittod by law; <br /> (b) to all sums s�cur�d by this S�curity Instr++m�nt; and (c) any �xcass ta ti�s psrson or parsons <br /> Isg�lly �ntittod to i� <br /> f1316.W10 f3/96i Paqe t W S <br /> �$. l�- j <br /> 9602t <br />