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<br /> • � � ' � ' � 17. Trans4er of the Property or a Beneftciai tMerest in Borrower. B all or any part of the Ptopetry or ` � `i:�-., .
<br /> �. '_ ~ � any interest in it Ls satd or transterred(or it a beneF�tai interest in Borrower is sotd or transferred and Borta�ver is not a naNral l�
<br /> ' � `� person) without Lenders prtor written consent, LendQr mayat its option,require immedate payment in fuU of a0 sums securetl by
<br /> .-.___—_._ _�.. '.� _'�o_ ____4...
<br /> this Securiry lnstrumerft Hawerer. this option shell noi be exeidsed by Lender it exercise is prohibited by tederal law as of the
<br /> - ' • date of this Securiry twstrument __, :;: f:4:`
<br /> � It Lender exeGses thfs opUon.Leader stw�give 8orcower notice of acceteratlan. The notice shaD provide a period of noi �
<br /> -� -�`� less than 30 Qays trom the date the rtoUce is detivered or mailed within wfiich 8oaower must pay all su�rs secured by tlus� . • �.
<br /> : . t Securlty InstnunelaL ti BoROwer fails to pay these sums pncr to the e�tration of ihis period. Lender may irnoke any remedies� . ,
<br /> � �� pecrta�ted by this Seatrily instrumerrt without fuRher nottce or demand an BoROwer. -.' 4 . .
<br /> ' � 18. Borrower's Right to Reinstate. 11 Bormwer meets cermin conditlons. Borrower shall have the right to have� ` .
<br />- ' entorcement of this Searfry instrument diseo�nued at any time prior to the eazlier oY. (a) 5 days (or such ather parlod as� .` a
<br /> ., . '' , .• appGrable taw may spedty for reinslatementJ betore sate at the FroPerty Pursuarrt to any power of safe contained in this Sc�vrity� �; ;; =•�.''' .`.,
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<br /> , ' -�- "".`3 InsUumenx or(b)entry o1 a judgment entorctng this Security InslrurteM.Those conditions are that Bortower:(a) pays Lende►a11� � � �.
<br /> �'`M���� sums whith th2n�voutd be due under this 3ewrity Instrument and the Note as if no acceleration had oxurred: (b�wres any
<br /> .- .-.-.-T`;���� iF.
<br /> � defauR of any offier ca�enarit or agreements: (e)PaYs e!i e�enses incuned in enfordng this Seairtry Ir�rument, ind�ding.but � -<--s
<br /> ` � not fimited to. reasonable atiomeys'tees: and (�takes such aetion as Lender may reasonabiy require to assure that the fien af .
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<br /> � tMs Security fnshurttenL Lender's rights in the Prope►ty and Borrorve�s obligation to pay the sums secured by this Security ,
<br /> `4 ' � � Instrument sfiall contlnue unchanged. Upon reinstatement by Borrower, this Security Insuument and the obt'igations secured �; ��",:-
<br /> �• " . hereby Shal�remain{u�yr e([ective as if no aCceleration had occurred. However.this Aght to reinstate shffi{not apply io the c�se .`:�V�;;.o.....
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<br /> ,c; 01 acceleratlon under ParugraPh 17. ` .'
<br /> :r, . 19. S810 Of �10tB: Change Of L+OSD SBtViCOG The Note or a a partlal irtterest in tlse Note(together wRh this ;�
<br /> `� Security Instrummtj may be sold one or more times without prior notice to Borrower.A sale may resuit in a change in the entiry ,.-� •.-
<br /> (known as the'Loan Senricef►that oollects morrthry payments due under the Note and this Security tnsWment There alsu maY ° � "�;r��'r
<br /> - • . <•�r
<br /> . ' be one or more changes of the loan Servicer unreiaLed to a sate of the Note. If there is a cfisnge of tha Loan Servicer. �' �. �=�-
<br /> • Borrower w�l 6e given written notice of the change in accordance wRh paraglaph 14 above and applicable law. The noUce vu� x`,
<br /> f siate the name and address of the new Loan SavicQr and the address to which paymert[s shoutd be made. Tne notice vr11 atso ,.%.�;�'F,� --_.
<br /> �` conta(n an)►other UtformaUon required bY aPPBca6te taw. , . ,"'�
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<br /> � 20. H�ardous Substar�ees. Borravrer shail not cause or pertnit the presence.use.d�sgosal. stotage. or retease of ; J�,��
<br /> ' � any Hazardous Substences an or in the Properiy. Borrower shall not do, nor aUow anyone else to do, anything eftecting the '` ;.:
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<br /> �.; •� •. Property that is in vlotatlon ol any Environmental Law. The preceding rivo sentences shaU not apply to the presepce. use, or s;;�;f:' +;�s,'
<br /> � ' ' stura e on the Pro of smali quantitles of Hazardous Substances that are generaUy recognized to be appropriate to nortnal �r;.�_._.'.•` �;�-
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<br />:s.:� � residential uses and to mairitenance ot the Property. " _ . :i._.
<br />°�.'>" �,� Borrower shall promptty give Lertder written ootice of any investigation, claim, demand. IawsuA or other acdon hy any � . . ..'�
<br />�{� • ;�,, govemmertal ar regularory agency or pcivate parly involving the Properiy and any Hazardous Subsiance or Environmental Law oi -
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<br /> °'' ° which Bortower has actual knowiedqe. H Bortower leams. or is notifled by any govemmental or regulatory suthority. that any .._ µ. --''. �,.e.
<br /> • � .`• removal or other remediation of any Hazardous Substance aflecting Property Is necessary, BoROwer s�aU promptly take all ,r : �.`� _'""_
<br />= '•� necessaryr reme�al actlons in accordance with Environmenlal law. �'' '_�_ _
<br /> ;'�;'r�'� As used(n this peragraph 20,'Ha�rdous Substences' are those subsKances defined as to�dc or haiardous substences by �,--- -
<br /> �.r . :.:ir.wt��-
<br /> .� . Envtronmetrtal Law and the fottawing substences: soline, ke.�sene. other tlammabte or toxic petroteum products. tox3c �'��r��=°
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<br /> _ ._ pesticldes and herbIGdes, volatlte so(vents,materfats contah�ing asbestos ar fortnatdehyde,and radioach��e materiats. As used'm ; —
<br /> � , paragrapb 20. 'Emironmental law'mear►s federal laws and laws oi the jurisdiction where the Properly is located that relate to ',�:�,'. , °�-�;_
<br /> � , heatth,sately or environmental protecUon. .:-:
<br /> ' ' NOB!-UN[FORM COVENANTS.Bortower and Lender tuRher covenant and agree as follows .• �.�
<br />''`'� ' ' 21. Acceleratian; Remedlea Lender shall g'nre notice to Borrawer prlor to acceteraUon � ` " �
<br /> ��; � ` following Borr�nrer's breach of any covenant or agreement in this Security Ms4rument (but not :r��_
<br /> •-��.; ' • prior to aaceleration under parag►aph 1T untess appticablm law provides othen�vise). Th� notice '; '� �_�.--
<br /> ' s9�aU specNy: (a)the defautt; (b) the acNon required to cure the defaut� (c) a data. not less than . .� .=`_
<br /> �' 30 days trom the date the notice is glven to Borrower, by which the detautt must be cur�d; and , .''"-`�'
<br /> �` Y ' (d) 4lea3 failure to cure the detault on or before tPoe date specitied i� the nattce may rosult in :� �. -=
<br /> � • ' . asceieratton of the sums secured by this Security Instrument and sale of the Property.The noti�e =_.
<br /> �.�' � � � ahail tu�ther inrtorm Borrowar of the Pight to reinstate aiter acceteration and the right to bring a � . . _
<br /> court aciton to assert the non-existence of a de4ault or a�sy other detense og �onawer to ' -�-_
<br /> ' - accoteration ar�d sale. ff the defauit is not cu�ed on or 6efore the date specified In the notice, . = * �;•
<br /> Lender at its optton may require lmmedlate payment in full of all sums secured by thla Security �'��-�':°
<br /> Instrument without fudher demand and may invoke the power of sale and any ather remedies
<br /> .� .. permitted by appilcable law. Lender shail be entitled to collect all expenses Incurred in pursuing �,,. �
<br /> ' � the rem�dies provided in this paragraph 21, including, but noi Umited to. �easonabte attomeys' . : . . .
<br />":`�`s':�• ; � tees and casts ot title evidence. • ' .
<br /> ' . . Iff she power of sale is invoked, �'rustee shail record a notice of defauR in each county in ,� •
<br /> . • which any part of the Property is located and s�nall mail copies of such notice in the manner
<br /> Prescribed by applicable law to Borrower and to the other persons p�escribed by applicabte law. �
<br /> �.�'�:�a . . After the time requi�ed by applicable law, Trustee shall give public notice of sate to the persons . �
<br /> .. • and in the manner prescribed by applicabte law.'�rustee, wlti�out demand on Borrower� shall sell • , •
<br /> ` the Property at pubUc auct.on to the highest bidd�►at the tlme and �l2ee a�d under the terms �
<br /> " � • . des:�ated in fhe notice of sale in one or more parcets and in any �rder Trustae dotermises. .
<br /> �� � Trustee may postpone sale of all or any parce{ of the Property by pu6iic annauncemen4 at t�e
<br />� �� � ' � tlme and place of any prevlousty s�heduled sale. Lender or its designee may purchase the �
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<br /> . Property at any safe. �
<br /> Upon receipt of payment of the price bld, Trustee ahail deliver to the purchaser Tvustee's .
<br /> � • deed conveying the Property. The recitals in the Trustee's deed ahali be prima tacie evidence M :
<br /> „ the truth of ttoe statements made thereln. Trustee shall apply the proceeda o!the sate in the �
<br /> . �, � iollowing order: (a) to all costs andl expenses of exercising the power o! sate. and t8�e sale, , � .
<br /> - =�- I inctudtng the payment of the Trustee's feea actually incurred, not to exceed three
<br /> . ��� � � % of the principal amount M the
<br /> � i note at the ttme o4 the declaration o4 defautt, and reasonable attomey's tees as permitted by law;
<br /> ' ' � • (b) to al1 sums secured by this Security Instrument; end (c) any excess to the person or persons
<br /> �� � � � legalty entitted to it. \ �
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