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<br /> � � ' 17.TransPer of the Property or a Bcnef'icial Interes!in Borroner.If all ar any part of the Property or any interest in it 4` � • � �..
<br /> � .. is sold or transferred(or if a beneficial interest in Borrower is sold or transferred and Borrower is nut$natural person)without � ���
<br /> � •� Lender s prior written consent, Lender may. at its option, require immediate psyment in full of all sums secured by this ° `� F�`
<br /> •• ' Security lnsqumeat.However,ihis option shali rtnt be exercised by Lendet if exercise is prahibited by federal law a�of the date � F� , �
<br /> . . .`. .. � � of this Security Instrument. � , c-r
<br />_ if Lender exercises this opdon, Lender shatl give Borrower notice c►f acceleration.The notice shail provide a period af not _
<br /> - ----'�' less than 30 days from the date the notice is delivemJ or mailed within which Borrower must pay aU sums secured by this __ • .. .
<br /> � •.
<br /> ,=� Securiry InshvmenL If�orrower fails to pay these sum.c pri�r tn the expiration of this period.Lender may invoke any remedies _
<br /> s.°?.; � permitted by this Security Instrument withaut further notice ar demand on Bortuwer. .� ' • -
<br /> • 18. Borro�er's Id[g6t to Reiastate. If Borrower meets certain conditions. Borrawer shall have the right ta have �'`�?"` .���•: '.
<br /> , ,:.. .
<br /> , • enforcement of this Security Insuument discantinued at any time prior to the earlier of: la)S days(or such other period as } `� " �
<br /> � applicable law may specify for reinstatement) before sale of the Property puesuant to any power of sale contaiaed in this � -�':;,;
<br /> • ' •�� Security In.strument:or(b)entry of a judgment enforcing this Security Tnsttument.Those conditions are that Barrower.(a)pays � '� •` -
<br /> � � _. � Lender all sums wluch then would be due under this Security Instsument and the Note as if no acceleration had accurred:(b) , ' ` �___
<br /> ; `? c u r e s an y d e f a u l t o f a n y a t h e r c o v e n a n t s o r a g r e e m e n t s: (c)p a y s a A e x p e n s e s i n c u r r e d i n e n f o r c i n g t h i s S e c u ri ty I n s u u m e n t, ' .�- ���' •``<a
<br /> = j including, but not limited to, rrasonabte attomeys' fees; and(d)tal:es such action as Lender may reasonably require to assure - � � �� �.r��-
<br /> � � ' • that the lien of this Security Insuument. Lender s rights in the Properry and Bnrrower's obligation to pay the sums s�cured by - �`'�'`'� � �
<br /> • °� this Security Instrument shall continue unchanged. Upan reinstatement by Borrower, this Securiry Insuument and the � �
<br /> � � , ' obligaaons secured hereby shall remain fully effecti�ce as if no acceleration had occurred.Honrever, this right to reinstate shall '�
<br /> ` �,• not appty in the case of acceleradan under paragraph 17. r :. —
<br />� "<�. �'e 19. Saie of Note; Change of Lot�n Serv(cer. 7'he Note or a p�rtial interest in the Note (together with this Security , ... ._ _
<br /> ' . . •f;= Insuvment)may be sold one or more times without prior notice to Borrower.A sale m�y result in a change in the enrity(known � -
<br /> � as the"Loan Servicer")that callects monthly payments du�e under the Note and this Security instniment.There also may be one �"-
<br />. � �' •� or mare changes of the Loan Servicer unrelated to a sale of the Note.If there is a change of the Loan Servicer.Bomower wiU be �' "- � `—
<br /> , , . ��:. � : ' ��-=_-.
<br /> : � -:�� given written notiee of the change irt aceordance with paragraph 14 above and applicable law.The notice will state the name arid '�� ��;�-'�.,: -�_
<br /> � address of che new I.oan Servicer and the address to which payments should be rrmde.The notice wili also contain any other • ;;,,, �_
<br /> _ � informauon required by applicable law. �` �:;�:��,' �;�-°
<br /> .`� ,. '�,-;.�.; - :-�
<br /> Z0. Hazardous Substattces. Borrower shall not cause or permi[the presence. use, disposal, storage.or release of any ,.�;:':;-'-_
<br />- • Hazardoas Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the ` . , x ` x--=f`--
<br /> . ' . ,...,;4. _-�-:
<br /> ' . .�. _ Propeny that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence. use, or ,�::,fi�_. ;,•,�,�,���,-
<br /> �. � ~ storage on the Propeny of smaU quantities of Hazardous Substances that are generally recognized to be appropriate to nortnal
<br /> !' residential uses and to maintenance of the Property. "`'''�' '��t.-.----�-�-�--.-
<br /> : � Borrower shall promptly give l.ender written nntice of any investigaqon, ctaim.demand, lawsuit or ather action by any �' �:�,u:;:,�� ''�`�;.
<br /> ' •, . � governmental or regulatory agency or private pany involving the Property and any Hazardous Substance or Environmental I.aw :�;� ����
<br /> � of which Horrower has actual knowtedge. If Sorrower learns, or is notified by any governmental or regulatory suthoriiy,that . . --
<br /> '�= ' , _. � - any removal or otiier remetiiation of any HFUardaus Substancc affecting the Property is n�ary.Borrawer shaii promptly talce r"'�' `����:._
<br /> " � ' ' all necessary remedial actions in accordance with Environmental Law. ��-'•=
<br /> •• , As used in this paragraph 20, "Hazardous Substances" are those aubstances defined as toxic or ha�ardous substances by ' �'�<.;,-;��� �`��;=_a:'
<br /> `�'.� . .. Emironmental Law azM the following substances: gasoline, kero,ene. other flammable or taxic petroleum prodUCU. toxic �` �� :;`.�`,�'
<br /> • pesticides and herhicides,volatile solvents. materials rnntaining at6estas or formaldehyde,and radioactive materials.As used in �,.';;��
<br /> ��. ``� �. � �� this paragraph 20, "Environmental Law" rneans feders�l Iaws and laws of the jurisdiction where the Properry is located that __==
<br /> relate ta health,safery or environmental protection. ' , � ;';�,�;_-
<br /> ' • • NON-UNIFORM COV ENANTS.Barrower and Lender funhcr covenant and agree as follaws: .. � .,;�•_�__
<br /> � 21. Accete�atlon;Remedies. Lender shall give aotice to Borrotiver prfor to acceleration foltowing Borrower's breach ��� :;�,=_:
<br /> . ' ' of anS•covenant or agreement in this Seturity Irtstrument (but not prior to accelerat�on undec para�raph 17 unless • ,.`.��-
<br /> `� � appiicable taw provtdes othenvlse).The notice shall speclsy: (a)the default; (b)the action required to cure tde defauit; _ -
<br />`'": �'.. , � (c)a date,not tess than 30 days f�om the date the noticr is given to Borrower,by which the default must be cured;and ' =- _
<br /> '� (d)that failure to cure the detault on or before the date speci�ed in the notice mpy cesult ln acceleratfon o4 the sums � . `�
<br /> • • secured by this Security lnstrument and sa[e of the Property. The noilce si�all further inPorm Borrower of the right to . � ��
<br />_ relnstate after acceleratlon and the r�ght to bring a couR action to assert the non-existence of a defau(t os any other �
<br /> .. � • • . defense of Borrower to acceleratton and sale. If the defautt is not cured on or beYore the date speciSied i� te�e notice, • • :`.�"�`
<br />_ . i.end�r, at i�s option, may reguire immediate payment in fuU of all sums secured by this Security Instsument wtthout • � '
<br /> " Pu�ther demand and may invoke the power of s�le and any other remedies permitted by applicable Iaw.Lender s6all be � �-��
<br /> , entitted to coltect all expensex incurred in pursuing the remedies provided in this para�raph 21,including,but not limited ' � . �• � �
<br /> , �. , . . to.reasonable att�rrteys'fe�and costs ot title evidence. � ' ' ; -
<br /> If the po�ver af sale is invoked.Trunee sh�ll record a notice of dePault in each oounty ln which any part of the : � .
<br /> �. Property is located and shall mail copi�s nf sach notice fn the manrtev prescrlbed by�pplIcable iaw to Borrower and to , � � ..
<br /> . .' � the other penons prescribed by appllca9�te law.a.f'ter the time reyuired by applicable law,Truste�shall�ive publie notice .
<br /> : ` . . of sale to the persons and in the manner prescrlbed by s�pplicabte law.Trustee, without demund on Borrower.shall sefl ,,.� � .
<br /> the Properiy ai public auctian to the hi�+,h�st bidder at the time and place and uader the terms designated in the notice of � .
<br /> sale ln one or morn parcels and ln any order 7'rustee determines.Trustee may postpone sale of all or any parcel of the ' �
<br /> == Property by public announcement at the time and place ot any previously scheduled sale. Lender or(ts d�signee may � ��- .
<br /> :�. purchase the PropPrty at any sale.
<br /> form 3U28 9l90 � ' " .
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