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<br /> ' ._.._..:_t°_�.— __.,.......__ -----_. ___� � .... . � . �._. .. ' ' .. .. . . � . . . . . .. . , . . --- -.._ ... _,....__. +. .c-` ,' .
<br /> ' � , ��s ����i� . ' ,
<br /> �" �� i7. YransfeP of the �roperty or a �enof�elal Ir�teros4 i:� rr au oz any part ot ehe Prop4rty or ,. ---
<br /> �\�� any mterest m rt is cold or tr2nsterted �or rt a beneficia!mterest m Borrower �s sold or Vansterred and Borrower is not a natural '�� . -
<br /> person) wrthout Lender's prtor wrrttert consent. Lender may.at rts opt�on.requ�re�mmedate payment �r tuil ot all sums secured by ,. _ ... •
<br /> , th�s Secunty Instrument HoweNer,th�s opUOn shali not be exercised by Lender A exercise is prohibrted by tederal law as ot the `�' � _
<br /> � date ot thfs SewrRy Instrument. ,• • __
<br /> It Lender exercises this option. Lender shall grve Borrower not�ce o! acceieration The nobce ehall provide a penod of not � `
<br /> Isss than 30 days from the date the notice is delivered or maded withsn wh:ch 8orrower must pay all sums secured by this � ' 6
<br /> �';:-� Securty tnstrui�ieni 11 8oruwer fas{s ta Yay ih�2 �:srrw p^cr ta !F° �2lon of !h�s �enod. !�der may �nvoke any fF{f1PfIiPS �-- _-- -_.. -'
<br /> pertnrtted by th�s SewrRy InsUument wrthout further natice or demand on Bortower
<br /> , � � , � � �
<br /> i 18. Borrobv6r'S Right fo �leiQSl�e. H Borrower meets certam condiuons. Bortower shail have the nght to have y_' .:�
<br /> entorcement ot this Securriy Instrument dicconUnued at any time pnor to the eari�er ot ta� 5 days (ur such other penod as „
<br /> ��.i ,
<br /> applipble law may specify for remstatement) betore sale ot the Propr.sty pursuant to any power ot sale contamed m this Secunty �. � . <
<br /> instrument or (b; entry of a �udgment enforGng th�s Secunry Insvument. Those condRions are that Bortower la1 pays Lender all �. • . .
<br /> sums which then would be due under ths Secunty �nsVument and the Note as d no accelerat�an had occurted (b) cures any -- -` - ��' '� '
<br /> ' � detautt ot any other covenant or agreements: (c) pays all expenses mcuned m entorcuig this Sewnty f�strument. mdudmg. but " �� "
<br /> �� not limited to. reasonable attomeys fees. and (d)takes such action as Lender may reasonably require to assure that the I�en of , •
<br /> th�s Securily Instrument. Lender's rights in the Praperty and Bortower's obiigation to pay the sums secured Dy thss Securrty l ,
<br /> • Instrument shall continue unchanged. Upon reinstatement by Bonower. th�s SecurAy Inswment and the o6lfgaUOns secuted -- ,� ' ... _,:'•.�
<br /> hereby shall remam tuily eHecti+re as 'rf no acceterat�o�had occurted. Huwever.th�s nght to reinstate shall not apply m the case • ._
<br /> , ot acceleration under paragraph t7. _,•'�`��7'�•
<br /> 19. Sale of Note; Change of Loan S@N1Ce�. The Note or a a partial �nterest �n the Note (together wdh this , ,. .';:��;j�-�,;r.
<br /> Security Inshument) may be sotd one or more times wRhout pnor noUce to Bortower.A sale may resuft in a change in the entily " ;�__�,:.'
<br /> ._ – (known as the 'Loen Servicer') that collects monthry payments due under the Note and th�s Security Instrument. 1'here also may � , - �"'�"�`
<br /> ,. be ane or more changes of the Loan Serv�cer uncelated to a sale of the Note. If there is a change of the Loan Semcer. � � �"��-`
<br /> c r.
<br /> .,.�.�F_�_-'i.
<br /> - � Bonower will be given written notice oi the change in accordance with paragraph 14 ahove and applicable law. The notice wiU � . .. ...,-,��?,��.s.;.-.
<br /> � state the name and address of the nei.v Loan Servicer and the address to which payments should be made. The noti:e will also ���._ f�;: �,
<br /> contain any other intortnation required b�appGcable law. � �""`�'�16
<br /> ,: . ,.T� �-.,
<br /> �.: ��:_._-- -
<br /> 20. Hazartlous Substances. Borcower shall not cause or permit the presence. use. disposal, storage, or re123se ot �
<br /> _ any Hazardous Suhstances on or in the Properiy. Bortower shall not do, nor sllow anyone etse tn do. anything aftecGng the •;:._-_
<br /> Properiy that is in violaUon ot any Envimnmental La�r. T�e precedirtg two se�tences shaN not appry to the presence, use, or � . —_
<br /> storage on the Property of small quantitles ot Hazardous Substances that are generally recognized to be appropdate to nortnal ;' x °_`�-
<br /> residential uses and to maintcnsnce of the Property. �°
<br /> -'"-;�--- '��Y_;
<br /> Borro+ner shall promptly give Lender written notice of any investigation. daim, demand, fawsud or other action by any _�.X�� � -
<br /> govemmental or regulatory agency or private party involving the Properry and any Hazardous Substance or Envitonmental Law of �`� ';_�
<br /> which Bortower has ac[ual knowledge. If BortaK� :ams, or is noGfied by any govemmentat or regulatory authority, that any _ '
<br /> � removal or other remedmvon o1 any Hazara:�.. 9�:stance affecting Property is necessary. 8orrower shall promptty take all ,,;,,,;,,� �
<br />� ' necessary retnedial actions in accord�t�ae..�:� `..:�nmental Law- :T' '�` i:,
<br /> • � As used in this paragraph 20. 'nzr�'3ous Sunstances' are those substances defined as trrr�cr hazardous substances by r F.�,: :;
<br />�-:�:�'!'' Environmental Law and the tollon•r.._ s.;bstances• gasoline. kerosene. other flammable or car. petroleum products, towe �� ' .,�'
<br /> pesUddes and herbiddes,volatife sa:�ents. materiz!s �ntaming asbestos or lortnaldehyde.and radioactive materials. As used in • j.�!
<br /> ' h 20. 'Enviraf.^xa�.a1 Law' means tederaf :a�•s and laws of the jurisdiCUon where the Property is locatad that relate to `•�'•' ��`�"'_._
<br /> - P��p �f�
<br /> heatth.safery or envi;r.-��tal prC.ga':on. - { '
<br />-. �.ikL.::_
<br /> NON-UNIFOAM COVENAATTS. 33:rower and Lender tuAher cc+�^ant and agree as fo�ows: ±?Y•:� .
<br /> � 21. Acceleratlon; Remedies. Lend¢r shall g�1a nottce to Borrower prtor to ace�.cr�r`a�s ��.>�� .
<br /> following Borrowe�'s breach ot any covenant or agreement in ti�is Securtty Instrument (bart c�s8 ` `� '' . �_�._
<br /> . � prior to accelerati¢n under �aragraph 17 untess appltcable laal provi6es otherwise). The nolice :y��—
<br /> � '.; shall specify: (a) tho dc�ia¢l'� (b) the actton required to cure the dafautt; (c) a date. not les�th�� . �`��;*e�*� -
<br /> 30 days from the date ttte �-rx[i.�e is given to BorPOwvr, by whicfi the default must be cua�ed: �.�rJ :.,��.���� ._l.
<br /> ' � (d) that faiture tc cuPO EC�c� aw':tis�k on or before tne date specifled in 4:�o notice may resut�s trn - . ,.>'; .:'. �
<br /> seceleration of 4ieo seams se�asred by�.'�E3 Secu�tty Instrument and sa1e of the Pro�see►y.The nc�co '�r.. �...,,?' �'„�-�_
<br /> shall fuRhar Infar�e B�rrav+c�ar of the �Eg'nt to reinstate after acceleratlon and thd e��rlT to b�r� a :�•°==�
<br /> cou�t action to assert 4h� non-existence of a d�tault or any oYhec d�fen�e of Barravree tc� �.��;,� • °`
<br /> • acceleraEion and sate. If the default is not cure� �n or before the date specffied in the naEirr� �- ��• `� - �
<br /> �.�� �-
<br /> r•., � Lender at its opti�n may require immediate pay�¢c�t in full of all sums secured by thls Sec�:ui"`,� ... ,�� •
<br /> Instrument withcs�.it fu�ther d�ma�d nnd may invoke the pawer of sale and any othar remedies
<br /> ermiited Ib �i�a6fe law. Lenaier shall be entitled to coli�rt al! expenses Incurred In pursuing � '�;� —
<br /> P Y �f� — -- ��t:,::. �
<br /> � the remedies provided In this paragraph 21, inct�c�irtg, but not Ilmited to. reasonable attorneys' �•�.�p�,
<br /> fees and costs of title evldence. - ��`� '
<br /> ..�5I(:��Y�I, _ '
<br /> • � If the power ot sate ls Invoked, Trustee sie.:C6 �ecord a notice of a��ffaulQ In each county in ,.,��.,fi4?? =_'�'� _
<br /> � �� '�2..'�`•-�•. .
<br /> '• whtch any part of the Property is locn2ed and s�eall mail copies of sucfi natice i�n the maoner ,��•::,_,:,. . ,�•,..:
<br /> _, pr�scribed by ag�tlicable law to Borrower and te ihe o20�ee �ersans prescribed by ���icable law. ''��'"
<br /> � � Afdor the time ree��lred by applicabte law. TrustQe shatl give pubfic notice of sale to the persens -�-' `�'��
<br />;ir;v'..�, �"�•��f '''t`'"�:�;�:�
<br /> and in the manner prescrt�ed by appUcable law. Tvustee, witPtout demandl on Berrowar, shalt �e�l ;„�f;.;,,.,_ ;3
<br /> • tho Property at public auction to the highest bidder at the 4imo and pluco and under the tc�cos�s ''^��-u��°'�"'-
<br /> designated i� the notice of sale ln one or more parcel8 a�d in any order Trust�e datermoeeos. �'"x"'•�''�'
<br /> Trostee may po�tpona sale of all or any parcel 09 the Propo�'dy by pabllc announcemont at 4he ' . • --
<br /> . . time and place of any previouEfy scheduled sale. L�nder or its destgnee may purchase the ��=?•==
<br /> . Property at any sale. ..
<br /> �. Upon �eceipt of payment of the price bid. Trustee shall deltver to the purchaser Trus;tc�e's . ' ;�
<br /> � deed convoying ti�e Property. The recitals In the Trustee's deed shall be prlma tacPe evideRCe of . � . � �
<br /> �.. the truth of the statements made theroin. T►ustee shall apply the proceeds of 4�� sate in the ' � '
<br /> ' following order. (a) to atl easts and ex�o�ses of exe�cislpg the power of sale. and the sale. �. , t
<br /> � including the payment of the Trustee's fees actually Incurred. not to exceed three � .'
<br /> % of the principal amoun4 of the � . � • -
<br />•' note at the timv of the declaration of detautt. and reasonable attorney's fees as pe�mitted by law: � �
<br /> (b) to all sums secured by this Security Instrument: and (c) any excess to the porson or peraons : �
<br /> � Iegally entittod to it. � —
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