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<br /> T, ,' ���� 17.TransPer of t6e Ptoperty or a Beneftctal Iaterest in Borrower.If all or any pan of the Property or any interest in it . "� F `
<br /> � • `� ` is sold or transferred(or if a benefcial interest in 8orrotiver is sold or traasferred a�ui Barrower is nat a nat�ral person)without
<br /> �ti` I.ender's prior written consent. Lender may, at iu option, reguire immediate payment in full of all sums secured by this �• -
<br /> � . .���. Securiry Instntment.Howecer,this option shatl not be exercised by lxnder if exercise is prohibited by federal law as of ttra date � �' : '• '
<br /> , � .'° of this Security[nstrument. � `.� '` "_,�`
<br /> i� f�4��'� -
<br /> ; '_.=-—� If Lender exercises this option,Lender shait give Borrower notice of acceleration. The notice shall provide a periad of not .� ^
<br /> - "="�`:} less than 30 days from the date the notice is delivered or mailed within wiiich Borrower must pay all sums s�cured by this �
<br /> Security Inswment.If Borrower fails to pay these sntns prior to the e�pitation af this periad.Lxnder inay envoke any reenedies� �r:
<br /> < " . . • permitted by th'rs Security Instrument without further natice or demand on Borrower. �` �'�,
<br /> ; � 1�. Borrower's Rfght to Retastate. If Borrower meets certain conditions. Horrower shall hase the right to have ' '•:�' ' �`•'`
<br /> � ' enforcement of this Security Instrumeat diswnanaed at any time prior to the earlier of: (a) 5 days (or such other period as ` '
<br /> ._ ��::. .
<br /> '� . , applicable !aw may specify for reinstatement) before sale of the Property pursuant w any power of sale contained in tius � _
<br /> -}. -, Security Instrument:or(b)entry of a judgment enforcing this Security Instrument.Those conditions are that Borrower(a)pays ` .•;,�,::� �1
<br /> .. '. �<-� Leader al! sums which then woutd be due under this Security Instrument and the Note as if no accelecation had occumed; (b) . ' �:��;', ��
<br /> :-.s <:� . . �; cures any defautt of any other coverrants or agnernents: (c)pays all expenses incumd 'm enforcing this Security Instromeat. ' -.=
<br /> � includi�g, but not limited to.reasonable attomeys' fees; and(d)takes such action as lxnder may reasonably reqaire to t►sssure , _ _
<br /> • . • that the iien of this Security Instrument. Lender's righu in the Prnperty and Borrvwer's obligation to pay We sums secured by • , -
<br /> _ • this Security Instrument shall wntinue unchanged. Upon reinstatemeat by Bonower. this Secariry Inswment and the _
<br /> = obligations secured hereby shall remain fully effettive as if no acceleration had accumed_However,this right to reinstate shall . ._ " =
<br /> - . � noi appty in the case qf accelezation under paragraph 17. ."..":;
<br /> �• �- ` 19. Sale of Note; Change of Loan Serv[cer. The Note or a partial interest in the Note (together with *i Security � ---
<br /> - • Insuument)may 6e sold one or more times without prior notice to Borrower.A sale may result in a change in the erc�ty(knoam
<br /> • as the"Loan Servicer"�that rnllects monthiy payments due under the Note and this 5ecurity Inswment.There also may be ane � -_
<br /> � � '`. � or more changes of the Loan Servicer unrelated to a sale of the Note.If thece is a change of the Loan Servicer.Borrower will be " _ -
<br />_ •f •� ° _ given written notice of the change in accordance with paragraph 14 above and applicabte law.'i'he norice will statz the name and � �`���`� `�
<br /> • - - addmss of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other � �
<br /> ' information required by applicable law. "� '�• n�;�:.
<br /> 20. Flazardouv Su6stauces. Horrower shall not cause or permit the presence,use,disposal, storage. or release of any y���`:''?'"
<br /> . +�° Hazardous Substances on or in the Pro e Borrower shall not do, nnr allow an one else to do, an •.5+_ ';r`
<br /> � . P nY• Y Y�ing affecting the . ., °.4�;..
<br /> , .-.�.,_ . T... Property that is in violation of a»y Environmental Law. 'i'he preceding two sentences shall not apply Eo the presence. uss,or .°.�4:;;..,,:;_�-�
<br /> : ^" , ' • storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to norn�al • -
<br />- � � � residential uses and to maintenance of the Property. ' `=_..,,�_
<br />.�•�}�- . •. _ ,',,.''Ft Borrower shall pramptly give L.eader written notice of any investigation, claim,�emand, lawsait or other action by any •��`•�' •� .J
<br /> .�-----
<br /> govemmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law ;;��,�:,;• �•''��±�:..
<br />- . of which Borrower has actual knowledge. If Soaower leams, or is notified by any govemmental or regulatory authority, that �''t�
<br /> . . ;�-` any removs!�r other remediation af any Hazardous Substat�ce affecting the Praperty is necessary,Borrower sha11 prompuy take - ;���
<br /> , ;� all necessary remedia!actions in accardance with Environmental Law. , • -�
<br /> � As used in this paragraph 20. "Hazardous Substances" are those substances defined as toxic or hazardous substances by --
<br /> • ��.;':;, Environmental Law and the folloaing substances: gasoline. kerosene, other flammable or toxic petroleum products, toxic :�. .r�� ;., .`�'�_��
<br /> - .•'. . � :•ti pesticides and herbicides,volatile solvents,materials containiag asbestos or formaldehyde,and radioactive materials.As used in �
<br />;�,.; �-� � -- � = this para�raph ZD, "Enviiunmental Law" means federa} laws and laws of the jurisdiction where the Property is located that ,�;; �, � •-`--y�-
<br /> • . . . .:'j. relateto health,safery or environmental protection. '!"`a!=`
<br /> � � ' , NON-UMFORM COVENANTS.Borrower and Lertder further crnenant and agree as follows: : � " -��-
<br /> �� 21.Acceleration;Remedies.Lender shaq give notice to Borrower prlor to aceeleration folloa�ng Borro�e�s bresch •�`y
<br /> • R of any covenant or agreement in this Security Instrument (bat not prtor to acceteration under para�raph 17 unless '� , �.�
<br /> • � . applicable la�r provides oihenvise).The notice shall specify: (a)the default;(b)the actlon requtred to cure the defauit; ' --_
<br /> � tc) a date, not less than 30 days Prom the date the notice is given to Borrower,6y whlch the default must be cured;and . ' ---
<br /> �;�:� , - � (d) that failure to cure the defantt on or 6eYore the date specifed in the nottce may result in acceleratlan of t6e sums ' � _-
<br /> = � .. _ secured by this Seca3ity Instrumeat and sale oP the Properly. The nonce si�all further inform Borrower oY the right to __
<br /> � ' reinstate after acceieration and the rtghl to bring a court actton to sisssect the non�xlstence of a dePault or any other
<br /> �° defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, �"'�','� �
<br /> , . Lender,at its option,may reqa�c�e immedtate payment ia�full of all sums secured by this Security Instrument without ' � ."
<br /> _ � . further demand and may invoke the power oY sate and any other remedles permltted by applicabte laN.Lender shall be � °
<br /> . . • entitled to c+nllect all expeascs incurred in purs�in�the remedies provided in this paragraph 2l,i�r�asding,6ut not limited . .. � �� �
<br /> . . • to, reasonabfe attorneys'fec.w and costs of titte e�Idence. �
<br /> . . , If the power of sale is invoked. Trustee shall record a notice of default in each county in which any �art of the �' � .
<br />_ .. ; ' Property is located and shall mail copi�of such �otice in the manner prescribed by appllcable IAw to Borraa��r artd to . �
<br /> � �.. the other persons prescribed by��plirabte la�v.After the time teyuired by applicabte 1aw,Trustee shall glve pcaFie notice • . . ' -
<br /> ` . aP sale to the persons and in the manner prescrlbed by applicable law.Truslee, without demartd on Borrower,shall sell • .
<br />-. the Property at public auction to the high�st bidder at the tlme and place and under the term.9 designated in the notice of ;.�� � '
<br /> ' •. sale in one or more parcels and in any arder Trustee determines.Trustee may postpone sale oP all or any parcel of the . ' ' • � �
<br /> ���� � Property by public annonncement at the time and place of any prevlously scheduted sate.�Lender oe its designee may ' .
<br /> ' purchase the Property at any sale. -� �.•�':�� •
<br />'�N ' . .
<br /> Form 3028 9l80 � .' .
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