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<br /> Illoirawer dosic�nn(os by nouca to Lender. Any notico to Landor shall bo 47YCn by tirst ctnsa mnil to Lender'� oddrosa stated heroln or any :
<br /> uu��ri address Lender dosignn�os by notice to Borruwer. My notico provlded for In thls Socurlty Inslrumenl ahall ba dcemod to hava boen
<br /> ; grvrn lu Bwwwei ui l'undCr:rhen p�ven �e p{ov��i�d in ihis paruaranh. -, -_- LL
<br /> ; 15. OOVOmI�tg Lew; SeVe�ablllty. Thls Security Instrument shall bo povernad by ledeml Inw nnd tho law o1 tho Jurlsdlctlon in
<br /> � wh�ch ihe Propeity Is locatod. In iha uvonl thal eny provislon or clauae of this 9er,udry Instrummt or the Nola confllets wlih appllceble �•
<br /> i Inw. such contlir.t shnA nat aflact other provislona of thle Security Inatniment qr ihe Note whlch can bo plvan nfioct without iho contllcting A . T
<br /> ' provision. To this end the provislono 01 ihls Sacurlty Inetrument end the Note ere declnred to bo sovereblo. , '
<br /> i 16. eorrowe�'e Copy. Borrower shall be given one conformed copy ol 4ho Nolo nnd ot Ihla Sacuriry Instrument. � ; _
<br /> 1 17, TranetdP of the Prope�ty or a Baneficlal In4ere�t In Borrow�!'. If��or eny p8A o1 tho Property or any Interest , �:;�
<br /> �n�t Is sold or trensferred (or II a benoticlnl Intorest In Bortowor la sold or trenafared end 9orrower 19 not e natural person)withoul Lend• �
<br /> � er's p�or written consent, Lender mny,at Its optlon,requlre Immedlate peymirnt In tull ot ell eume secured by this Security instrument. •
<br /> 1 Howover, this option shnll not ba exarclsed by Londer I}exerel�e Is prohlb�tad by tederal law ao oi ihe delo ol thla Security Instrument. , .
<br /> li lender exercfsos this optlon, Lender shall fllve Borcower notica of accelereUon. The notice ahell provlde a porlod ot not less then 30
<br /> � day�, 6om Ihe dain the nonca�s deiivered or mnilQd wfthin wldcH BoROwer must pny all sumo accurcd by thla Security InsWment. I} � � .•- �`
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<br /> 1 Ho�rower lads �o pay Ihese sums pnor to the expiraUon o1 thls pedod,Lendcr mey Invoke any rem�dloo permitted by thls Security Inatru- •�::,�,��,"'lM
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<br /> menl rnthaut further natice or demand on Bortower. . :+w"�'�'-=
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<br /> • 18. Borrowar's Wlght to Reinstate. II Borrower meeta cortaln conditione, Borrower shull hnvo ihe right to have enlorcoment _
<br /> .� ol th�s Security Instrument dlscontinued sl eny tlme pdor to thn eartler of: (a)5 days(ur auch other perlod as npplicabie law may specify "�•_ti:�+�_:
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<br /> . ior remstatemenq betoro sule oi the Properly pursuant to any power ot eala contalned fn thla Secudty Inatrument: or(b)entry of e Judgment .�.; -�=-
<br /> enforcng Ihis Secu�ity Instrument. Those conditlone are that Bortower.(a)payn Lender all sums whlch then would be due under thfs -_-
<br /> Securiry Insirument and the Note as if no acceleretlon had accurted; (b) cures any delault o1 any other covenents or agreemenls: (c)pays all - ---
<br /> expenses incurred (n enforcing this Security Instrument, Including,but not iimited to, reasonnble ettomeya'1ees;end(d) takes such actlon �_--�-
<br /> as Lender may reasonably require to assure that the Ile,�of thls Securfty Instrument, Lender's �ights In the Property and Bortower'a obllga• :r��
<br /> tiun to pay Ihe sums secured by ihis 3ecurity Instrument shall continue unchanged. Upon relnetatement by BoROwer, thls Security �i�,
<br /> Instrument end the obligations secured hereby shall remain tully eNective as if no occeleratlon had occurted. However, thio dght to reinsteta .���,T.
<br /> shall not apply in the cflse ot acceleretion under paregraph 17. y,.�
<br /> � 19. Sale of Note; Change of Loan Servlcer. Tho Nota or a partisl InteYesl In the Note (together with this Secu�Ity .,��
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<br /> Instrumant)may be sald one or mor2 tlmes withaut prior nodco to Barroi:,rcr. A scto may rcrutt Irt a chango !n thc cntity(knotm ea the '- —
<br /> 'Loan Servicer')that collects monthly paymenta due under the Note and thls 8ecurity Instrummt. There elso may be one or more chenges o1 q.,,;.•�
<br /> Ihe Loan Servfcer unrelatod to a sele ot the Note. If there is a change ot the Loan Servicer, �orrower wlll be given written notice of the chan@e ,yp:.:� ,., ,
<br /> � in accordence with paragraph 14 ebove end applicable law. 1'he nntice will ateto the name and address ot the new Loan Servicer and Lhe .�,,"�:s :
<br /> address to which payments should be made. The notice wlll aiso contain nny other nformaiion requireo oy appiii;auin iavr.
<br /> 20. Hazardous Substanees. Bor►ower shall not cauae or permtt the presence,use,dlsposal,eto►age, or reiease of any Hazerdous
<br /> substenees�n or in the Property. Borrower shall not do,nor ailow anyone else to do, anytl�ing atlecting the Propcyty that Is In vlofaUon of '
<br /> any Environmentei Law. The precedtng two sentences shali not epply to tha presence, use, or ato►ege on the PropeRy of amall quantitie�ot i;
<br /> Hazardous substanaes thet ere generaily recognized to be approprlate to normal residenUal uses and to maintenance oi the Praperty. „ , �
<br /> - Borrower shell promptly givo Lender written notica of any I�vestigatlon,clalm,demdnd,lawsuit or other ncUon by any govemmental or �• .
<br /> , regulaiory agency or private party InvoNing the Property end any Hezerdous fiubstance or Envtronmental Law of which Bortower has ectual �
<br /> � know�edge. If Bonower ieams, or Is notlfied by any govemmentel or regulatory euthotlry,that any removai or other remediatlon of any Hersrdous ,
<br /> �- Subsiance affecting the Property is necessery, Bortower shall promptly take all necessary remedial aclions In accordance with Environmenta! Law. ��
<br /> �`� As used in this paragreph 20,'Hazardous Substances'are those aubsinnces defined as toxic or hazardous substances by Environmental
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<br /> lsw and the tollowing substances: gasoline,kerosene, other tiammable or toxic petroleum praducts,toxic pesticides and herbicldas, volatile -;��
<br /> solveMs, materlals conteining esbestos or formaldehyde,end radbactNe meterials. As used In this pare4reph 20. "Environmental Law' _ -"'" `
<br /> r means tederal lews and taws of lhe JurlsdlcUon where the Proporty Is Iocated thet��ate to heaflh. eafety or environmental protoctlon. �,��
<br /> ° � NON-UNIFORM COVENANTS. BorrovNer and Lender further covenant and agree as follow3: �-'--
<br /> 21. Acceleration; Remedles. Lender ehall give notice to Borrowar prtor to acceleration following _ __..___
<br /> Borrower's breach of any covenant or agreement in thte Sscterity Instrumen4 (but not prlor to acceler�tlon =_-
<br /> �.� undar paragraph 17 unless apptic�bte law provldea otherwise). The notice sh�ll spectfy: (a) the c�efaul� (b) -- _
<br />" " the action requlred to cure the default; (c) a date, no! less then 30 days irom the date tho notic�e is given to �M+� �„�
<br /> ,E�-� Borrowec. by which the default mus! be oured; and (d)that fallure to cure the default on or before the dno -_ �
<br /> speciffed fn the nntice may �esult in acceleratlo� of the sums secured by this Securlty Instrument and sale
<br /> �'� of the Property. The notice shall turther Inform Borrower of the right tm reinstate after acceter&dion and ��,��.�.�_�,
<br />- �::�� � � the raght to bring a court ac43on to assert the noro-existence of a default mr eny other defense o#Borrower �R • •
<br /> tc�ecceleraticon and eale. If the default Is not cured on or bo�ore the date specified In the notice, Lender •;.�:,�:�;�.,,1.�f�tr��
<br />- ;�, j at Its option rmay require immediate payment in fuil of all sueme seeured by thle Securtty Inatrument wfthout '°•`�••`��` �''�� '
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<br /> .=i further demand and may invoke the power of sale and any olher remedies permfited by epplicable � � :��:Y •_ ��.
<br /> law. Lender shail be entitled to collect all experesas incurred in pursuing the remediea provided in thla .='
<br /> � paragraph 21. including, but not Iimited to, reasonable attorneys' fees and cpat� of tttle evtde�ce. '..'� '��:":
<br /> � If the pouver of sale Is Invoked, Trustee ahall recard a notice of default in each county in which any part
<br />- of the Property is located and shall mail copies of suCh notice in the manner proscribed by epplicabte law � �,:;
<br /> � to Borrower and to the other po�sons {aresc�ibed by applicable law. After the tfine requlred by applfcable • . -;�:.
<br /> law, Trustoe shall give pubHc notice of sale to ttae persons and in the manner presc�ib�td by appllcnble law. '
<br /> - .. Trustee, wtthout demend on Borrovver, shall sell 40oA Property at public auctfon to the highest BOdder at tho .
<br />- time and place and under tho terms deslgnated in the nottce of eale in one or more parcols and in any order '�
<br /> � T'rustee determines.Trustee may postpone eale of all or any parcel of ttte Proper4y by public announcometet •
<br />"� • __�_ t .a___�la� .���t..��� {.�as Ohn Drwne�lu �
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<br /> - at the t�me ana p�aae vr any previoutiry ercnnuu�au oa.o. ._oi�a.o� v, .ao vva�y..00 ::a� j+::�..00.. .••- • •-r--•r -
<br /> ` at any sale.
<br />_ i Upon roceipt of paymertt of the price bld, Trustee shall deliver to tF�e purchaser Trusteo's deed
<br />—' conveying the Property. Tha recitals in the TrusZee's deed shall be prima facie evidence af the truth
<br /> ; of tho s2atetnents made therein. Trustee shall apply the proceede of the sele (n the iollowing ordor: I
<br /> (a)to all costs and exponses of exorcising th� power oi sele. and the sale, Including the �vayment of iho
<br /> Trustee'�fees acYuc�lly incurred, not to exceed 3.000�3'0 of the principal amount of the note at the time
<br />— � of the decla�atlon of default, and reasonable attorneys'faea as permitted by law; (b) to all aums secured
<br /> by this Se�urity Instrument; and (c) any excoss to tlie pareon or persons legalty entitled to It.
<br /> : �?,....... .•,�.� vapc a ot 5 Form 3026 8/80
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