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<br />- � ��� .�,•c� � 17. T�ansfer af the Propetty or a Beneftcial lr�terest in Borrawer. It au ar arry part n
<br /> 'an y i n t e r e s t i n ft i s s o l d o r tr a n s f e r r e d(o r H a b e nefida!Interest in Borrower is sotd or Uransfelred and Borrower ts not a naLtral -.:,F.',
<br />- ._�f� ' person)without lender's prior written eonsen�Lender may.at its opUon.requUe immediate payment in t u U o t a l l sums s e c u r e d b y �. ,;
<br /> — " this Sewdty instrume�t. HoweYe�.thts°PU� ��not be e�cerdsed by Lendcr if exerdse is prohibited by tederal Iaw as o1 the . � ` a:
<br /> __ �'t� .,;�. t<<` ' date ot thl.a Security instrumen� � �( . c
<br /> •� N Lender exerdses �nis apdon. Lender shaU qtve 8orrower notke c�acce�erauon. The notice shatl provida a pedod of not � .`� �.� .
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<br /> • less than 30 da y s from the data the noUce is deUvered or maited wiFhln whicfi Barrower must pay ali sums secured by this O �� �, �.. ,.,
<br /> ' � � ''� Security Instrument If Borrower tails to pay these sums pdor to the expfraUon et tfiis pedod Lender may imo ke any reme�es ,
<br /> ...' �°...`,:
<br /> � v....': `:
<br /> ` pertnitted Qy th(s Sewrity InsUument without turthe►noUce or demar►d on Borrower. ,r.*
<br /> - • � ` � 18. Borrower's Rt9h4 to Relrtstate. 8 Borrower meets ceriatn eondRions. Bortower shaD have the dght to have � ,��, `,`.
<br /> ` . � ` enfoccemeM ot this Securiry Insbument dlscoMinaed at asry time prfor to the earlier oi: (a) 5 days (or such other pedod as � . ., f
<br /> , , '< • applicable law may specfty tor reinstatement)betore sele of the Rroperty pursuant to any power o1 sale contatr�ed[n this Seeurity � , . .,�.y �,.:.
<br /> ; �:• _�--.---�- ' Instrumenz or @) entry ot a Judgment enforeing this SecuritY Ustrument Those conditlons are that Bortower. (a) pa�s Lender atl � •
<br /> - �" � sums which Lhen would be due under thls Seartry InsWme►n and the Note as if na acceteraUon had occurted: (b)eures anY �!
<br /> ` -- - --`'' deiauit o1 any other covenant or agreements: to}PaYs ad e�e�ses h�c��� enfordng this Security Instrumen� Uicludmg. but T - � _` '
<br /> a - �.
<br /> � � not Gmited to,reasonabie attomeys'tees: and(c�ffikas such actlon as Ler►der mey reasonably require to assure that the fien oi _�, � _'
<br /> - • � � � r this gec�rity fnstrumer�t. lende�s dgMs in the Property and Bnrrower's obligation to pay the sums secured by thts Securiry .:.��:<�:� ��F�,.
<br /> `: 1:` Insbument shaU continue unchanged• Upon reJnstatem�t by Borrower, tfiis Seatriry Instrumerrt and tha obGgaUans secured �:, k..:
<br /> a.,,;-.
<br /> -� - : � here6y shaD remain 1uRy eftecUve as if no acceteration had ocaurred However,this dght to reinstate shaU not appty in the rase �. . �.�.�
<br /> ,�.' , ` ',i of acceteration under paragraph 17. • _ .
<br /> . 19. Sele of NOte; Change of LO3n SeTV1Cer.The Note or a a parttal fnterest in the Note (Wgether with this
<br />- " . ,'.< Security InstrumeM)may be sold ane or more ttmes withaut pdor notice to 8orrower.A sale may resutt in a change in the entity ��; �: �_`
<br /> � s• •r; p mown as the"Loan Semicer')that eoQecb maMhly payments due und�the IVote and thfs Securiry MsWment There stso tr►aY �.,� ___
<br /> - be one or more changes of the Loan Servicer unretated to a sate of the Nota If there is a ehanSe o t t he Loan Se�vIcer. _
<br /> �� � � BoROwet will be given written natice of the change in accordance with Paragraph 14 above and appUcabie law. The notice wiii
<br /> " � state the name and address ot the new Loan Servicer and the address to wfilch paymeots should b�made. The aotice wID also _
<br /> �,�' . �.� �`::�•`' contain any otfier intortnation required bY apPlicabte law. • .
<br /> .' • ` � 28. Hazardous Sui�stattces- 8orrower sha0 not cause or percnit ti�e presence. use, cfisPosal. storage,or�elease ot -
<br />''+` " � • ':`r eny Hazardous Substances on or in the Praperiy. Borrower shall not do, �or altaw anyone etse to do, anyRhing affecdng the
<br /> ::� ... • . �-. �,;;=_' Pruperty that is in v(otatlon of any Envlronm�ffit taw. The preceding two senterces shall n�d to be appropriate to nortnal - -- _ —
<br /> ' - � • storage on the Property oi small quarttities of Hazardous Substances thet are g�eraRY�co9� _ -
<br /> :.} .,' � __
<br /> residential uses and to maintenance ot the Properry.
<br /> . <, ...:-._
<br /> � Bortower shall promptty 9ive Lender w►itten notice ot any (mesUgaUon, cla(m, demand, tawsuit or other adion by any „�.._
<br /> - . . govemme�tai or regulatory agency or pfirate paRy imolving the Properry end any Hazardous 8ubstartce or Env(ronmental Law ot =- —
<br /> _-- •�••�i'+.�-, wtticA Borrower has actua{ Imowtedge. if Bo�rower leams.or is notHied by anll 9ovemmentaf or reguiatory authority. tfiat any , , -� -
<br /> � � � removal or other remediation of any Ffazardous Sutrstance aftecUn9 Properg+ ts necessarY. Borrower shaSl promptty take eU '_F `; 4��
<br /> � � necessary remedial aWons in accordance witn EnvironmenTal Law.
<br /> . .` ,• As used in this paragrapt►2�. 'Fiaiardous Substances'are those substances deBned as toxic or hazarQous substances by : ':` ;__�
<br /> � ,�.•: •• Envfronmentat Law and the totlowing substances: gasoGne. kerosene, other flammable or toxtc petroieum prodacts. toxlc ; r �.L •,i--
<br /> --=,�=�,� µest[eldes end herbtcides, volatlle soNerrts.materiais conta(ning asbestos or tortnaldehyde.end radloac8ve�mat�.�t relste to -- __� .
<br /> .. . paraqraph 20, 'Ernironmental Law' means tederal laws and laws of the jurismctlon where the Property __� -
<br /> �` � � health,satety or emiranmental protectlan. ,��:
<br /> ` NON-UNIFQRM CAVENANTS.Borrower end Lender turther coveaa�rt and agee as follows: �^=�
<br /> `�'�' ' ` 21. Acceteration; Rern�diea Lender shail give notice to Bonowar p�ior to accetera6�ix�n ` � .•�c�_r
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<br /> � • • tollowing �orrouuer's breach of any aovenant or agreement in thia Security Inst�umen! (but na! ;.,a: ; _,�.�
<br /> ���z�.
<br /> . � �� prior to accetaratlon under paragraph 17 untess applicabte law provides otherwise)• The notice v,-
<br /> � shall speci4y: (a)the defau[� (�) the action vequ9red to cure the defaul� (c)a date, aot tess than � �:__
<br /> , r � 30 days irom the date the notice ia given to Borrower, by whi�h the defautt must �o cured; and , �+.
<br /> � :� : + (d) that taiture to cure tha defaaft on ar betore the date specffted in the notice rnay resu(t in :
<br /> F ti: • � a c c e l e r a t i o n o f t h e sums seaured b y thfs Security InsUument and eate of the Propee4y.'1'he nartice •:�
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<br /> ,;,; � , s h a l l t u r t her Inform Bonower of the right ta relastate after acce lera t ion art d t he r l g h 4 t o b r t n g a ,�
<br /> '�' �� � court acHon tm asserl the non-existence af a default or any alhe� d e t ense a f Bo r r o w e r t o ,. _,�
<br /> ' .�+.••:
<br /> '-� • � accoteratton a�ac9 sale. lf the defauft is not cured on or ba4�se the dffie apecffied in the noiice, ; '; . .�,
<br />, <��1` � � Lender at I4s optlon may requlre immediato payment in full af all sums secured by thia Securlty . . °
<br /> °'� � Instrument vvithout turtheQ demand and may invoko the power of sale and any attter remediea
<br /> permitted by appticable law. Lender shall be enti4led to collect all expenses incurred In pursuing � � ` _
<br /> �� ' ' the remedtes pravlded in this paragraph 21. including, but nat limited to, reasonabte attorneys' , .
<br /> � ' feea and costs of title evidence. .
<br /> � • If the power af safe is Invoked, T►ustee shal� record a notice of default in each county in . . .• .
<br /> ',, � which any paR of the Property ta tocated and sfiatl mail copiea of snch natice in the ma�srteer � .
<br /> . .'j prescrlbed by appiicable law to Borrow�r and to the other persons prescribed by applicable Q�-w. , . -
<br /> � � Afier the time �equired by applicabfe law, Trustee shail give pubtic notice M sate ta tfie persons . �
<br /> and In the �eza�ner prescribed by appUcabte law. Trustee, without demand on 8anower. sfiali sei!
<br /> � . � the Property as publlc auction to the high0st bidder at the time artd place and under the terms .
<br /> � ' �� designated in the notice a! sate In one or more parcels and In any order Yrustee determinas.
<br /> � Trustee may postpone szie of all or any parcel ot the PropeRy by public announcement at the ,.
<br /> . , time and place of any previousty scheduted sale. Lender or its designee may purchase 4he •
<br /> . . . ' . ' ` � Property st any sate.
<br /> Upon �eceipt oi payment of the prlce b1d. Trustee shall deliver to the purchaser Trustee's
<br /> � 1 d��ed conveying th�Property. The recitats ln t2:o Trustee's deed shall be prlma facie evldenae o!
<br /> • � , the truth of the statements made therein. Trustee shatl apply the ��oceeds of the sa9e in the
<br /> � � � j foflowing order: (a) to all costs and expenses of exercising the power of sale, and tha sale.
<br />- ._ • including the payment of the Trustee's 4ees actually ineurrad, no�o of the prinaipat amount of the '
<br /> ' note at the time of the declaratlon of detault, and reasonable attorney's tees as permitted by law; �
<br /> ;�. . : � � (b)to ap sums secured by this Security Instrument; and (c) any excess to 4he pe�son or persons �
<br /> ��`:'. • � legalfy enti4led to it �.�/
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