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<br /> ' " • , 17. Transior of ths Property or a Beneficlal Interest in Borrower. i� nii or eny part of tne Property or --
<br /> __- anY interust In Il Is sold or trnnstnrred (or II a ben�c�al Intorost In Borrower Is sold or transferred nnd 8oirowor Is not o nnturul �
<br /> � peraon) without Lendcr's prlor written consont, l.onder mey,nt its uptlon, requlro I:nmedlatc payment In lull of alI sumc securod by
<br /> Ihi, Socudty Instniment. Howover, ihls optlon shpll not be oxercised by Londer il oxerclso Is prohibited by lederal Inw as of Iho �
<br /> dnto 01 this Socurlty In,trument.
<br /> - 11 Londor vxorcisos thts uNtlu��, L�ndar shali �Irs Borrownr notica oi accelcratlon. The noticc shel! providc a perlod o! not�
<br /> • , lose thun 30 dnys from the dute tha notico Is deliverod or mallod witliin which Borrower must pny nll sums saGUrod by this� �,
<br /> Securlry Instrument. II 9orrowor lulla to pay lhosa sums prior to tha oxplrAtion ol this period, Lender may invoke eny remedlos � {.
<br /> `"� � permittod by this Secwity Inatrument without further notice or domund on Borrower. _
<br /> 18. Borrowe►'s RIgh4 to RBII18tatB. If Borrower meots certaln condltions. BorrowPr shnll hnve the right to have � �
<br /> ' aniotcement o} thls Security Instrument dlscontinued at any Umo prior to tha earller ol: (q) 5 days (or such other period as � �
<br /> ,L 4:���� _
<br /> appilcablo law may speclfy lor relnstntement) befora snle of thu Property pursuant to any power ol sale contained In this Security =
<br /> �;y Inst�vment; or (b) entry o1 u judpment enforcing this Securiry Instrument- Those conditions are thet Borrower. (a) pays Lender all � _
<br /> "'�� sums whlch then would bo due undor thls Socudty Instrument and the Note as fl nu accoleraqon had occurred: (b) cures any =-.
<br /> ,.v�,MwatIR1�� =
<br /> , � default of any other covenpnt or ngreements: (c) pays ell ex�enses Incurred in entorcing this Sacunly Instrument, Including, but _
<br /> " nat Ilmlted to, reasonabie attorneys' fees; end (d) takos such nctlon as Lender may reasonably require to assuro thet the Ilen o1 =
<br /> , ; . thls Socarity Instrument, Lendar's rights in tho Property and Borro�ver's obligation to pay the sums secured by thls Security
<br /> p� InStrumenl chall contlnue unchenged. Upon reinstatemenl by Borrower, thls Security Instrument end thc� obligatlons secured
<br /> ' • ., heroby shall roma(n fully eHectivo es II no acceleration had occurred. Howevar, this right to relnstate shell not apply in ihe case
<br /> ' � oi accelerntfon under paragrnph 17
<br /> , 19. S818 Of NOt�; Chenge af Loan SorvlCe�. The Note or o a partini fnterest in the Note (together with thls
<br /> , Securiiy Instrument) may be sold one or more times without priar notice to Borrower. A sata mey result In e change in the entity
<br /> ,'� (Icnown as the 'Loan Servicer")thet collects monthly payments due under the Note and this Secudty Instrument. There elso may
<br />• ' � • he one or more changes of the Loan Servlcer unrelated to a sale o1 the Noto. if ihere Is A chan9e of the Loan Servicer.
<br /> . � Bortower wiil be given written notice oi the change In accordance with pa►egmph 14 above and appllcrible law. The notice will =
<br /> state the name and address of the new Lo¢n Servfcer and the eddress to which payments should be made. The notico wlll also -
<br /> ,, contuln any other informatlon raqulred by applicabia law.
<br /> � * 2Q. Haxardous Substances. Borrower shell not cause or pertnit the presence, use, diaposnl, starage, or release oi
<br /> � any Hazardous Substances on or in the Property. Borrower shell not do, nor allow anyone else to do, anything aBecting the -
<br /> Property that Is In vlolatlon ot any Environmentnl Law. The preceding two sentencos shall not epply to the presence, use, or
<br /> storege on xhe Property of small quentlties ot Hazardous Substances that are generally recognized to be npproprlate to normal
<br /> ' ' residentlal uses and to malntenance of the Properly.
<br /> �` Borrowar shall promptN glve Lender written notice ot uny Investlgation, claim, demnnd. lawsuit or other action by any
<br /> . govemmental or regulatory age�cy or prfvate party Involving the Pruperty and any Hazardous Substanco or Environmental Law oi
<br /> y,,, which Borrower has actual knowledgo. I1 Borrower leams, or is notified by any govemmental or rogulatory authority. that any
<br /> .. , ..�� - f�...,^.`!$� ... 0:�:�. ....^.:L'C.�2$��0.. Q� .^.� ~°.�3!<�.^..... GJ5°}9...,,. 3hECfir�y Prn�arfv ie ngra<cwr� R�nny�rcu ghall �fmmMlY tAkw All
<br /> . },.:_ , m . . u n o no nna _
<br /> �"�;� necessary remed�at actions in acaordance with Environmental Law.
<br /> �"�y��' As used in this paragreph 20, "Hazardous Substances" are those substances deflned as toxlc or hazardous substences by
<br /> _ � Environmental Law ond the following substances: gasoline, kerosene, other flammeble or toxic petrafa»m products, toxlc
<br />�-��r''� '' pestiddes and herbicldes,volatile solvents, materials containing asbestos or lortnaldehyde, and radloactivo matg�ials. As used In
<br /> h:u!Y��',
<br /> ��:, puragr�ph 20. 'Environmental Law" means federai laws and laws ot the Jurisdictlon where the Property Is located that relate to
<br /> ='''•::�� ''' heaith, safety or environmentel protection.
<br />-�=='n'.rl±°:
<br /> __�;�n�� NON-UNIFORM COVENANTS. Borrower and Lender further covenunt end agree os foliows:
<br /> -- —s1;
<br /> -R..,°,r:�-�,� 21. AccAl�Tation; Remodies. Lender shall give notice to Borrower prior 8� Acceleration
<br /> -�'�°"; follawing Borrower's hreach of eny covenant or agreement (n thls Securlty In�ttrum�nt (but not
<br /> .[b?�vo�'``.�.,�r.
<br /> _,._,7g�,i1,�,rt . prior to acceleration under paragraph 17 unless appitcable law pravides otherwtse). The notico
<br /> =y��.�k:;�;:.t;,: shall specify: (a) the default; (b) the action requlred to cure the default; (c) a dates not less then
<br /> � "°""'='---° 30 days from the date the notice Is g(ven to Borrower, by whlch the default mwst be cured; and
<br /> .-ry•��!�r�h➢��;
<br /> �,.�,;�,5;�#j (d) that fallare to cure the default oro or before th� da3e s�ectfied in thv notice may result In
<br /> -__:_��:;;���� acceforation o1 the sums secured by th(s Securlty Instrumunt and sale of tho Property. The notice
<br /> �°���:�. sh�li fuHher inform Borrower of the right to ro7astAte ARer acceleration and �the rlght to bring a
<br /> v ������'� court actlon to asaert the non-existence of a default or any other dofoRae af Borrower to
<br /> `' -_-��� acceleratlon end sale. If the default Is not cured on or bafore tho date spocifle� In tho notica�
<br />—'—'�'_°""�' Lender at Iis option may require imo��mdiate payment In full of all suma sec�red by this Socurity
<br /> '�"'g��-`�;,��� Instrument without fu�ther demsnd and may invoko the power of sale and nny other remedias
<br />- =— permitted by applicable law. Lender shall be entitled to collect all expanaes 9ncurred In pursuing
<br /> =-='���� the ►emedles provided In this paragraph 21, Including, but not Ilmited to, reasonable attorneys'
<br /> =_'�°'.;�-'Fn;� fees and costs of t(tle evtdence.
<br /> ° =�'�""""' If the power of sale Is tnvoked. Trustee shall rocord a notice of dofault it� �ach county In
<br /> �"�;;".�''�* , which any part of the Property is located and shall mail copl�►s of such notice in the manner
<br /> ��:.
<br /> - , `r;�< prascribed by applicable law to Borrower anci to the other persons proscribed by applicable taw.
<br /> `;'..;: • � A4loP the time required by applicable Inw, TrusB�e shall give public notiae of sale to the persone
<br /> _ .,;� .
<br />_ and In the manner prescribed by applicable law. Trustee, without domand on Borrower. shpll sell
<br /> , tl�e Property at pubiic auction to thm highest bidde� at tho time and plr�co ant� under the terms
<br /> '� designat¢d i� the notice of sale ir� one or more parcels aa�d in any oraler Trustee determines. _
<br /> '�.• � Trusiee may postpone sale of all or any parce9 of the Property by publlc announcement at the
<br /> �.. •'• k time and place of any previously scheduled sale. Lender or its dosignee may purchaso the
<br />-- •�� ' Proporty► at any sale.
<br /> t Upon receipt of payment of the prfce bid, Trustee shall deliver to the purChaser Trustea's
<br /> ��� � _ �_3__ deed convevina the Proaertv. The roclt3ls In the Trustee's deed shall 6o nrima facie evidanca of
<br /> . „ -�� -� ' thv truth of the statements made thereln. 7rustee shall apply the prnceeds of the sale in the
<br /> „ . " followtng order: (a) to all costs and exp�nses of exorcising the power of eale, and the sale,
<br /> - , including the pnyment of the Trustee's fees actually incurred, not to exceed throe
<br />- , 9'0 of the principal amount of the
<br /> note at tha time of the declaration of defaul4, and reasoreable attomey's fees as permitted by law; .
<br /> � ' ' (b) to all sums secured by this Securi4y Instrurvn�nt: and (c) any oxcvss to the person or persons �
<br /> legally ent(tled to it.
<br /> ,. � /j� ct71G-LMG(3�961 �.� .t -��, � �� �
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