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<br /> ' 17. Transfer af the Properiy ar a BensfIciat Urterest in Borrawer.n aa or any pa►t ot the Properry or - F,
<br /> _ f:,
<br /> any hrteres!in ft is sold or trensterred (or H a bene8dal inte�t in Bortower is sold or Vanslerred and Borrower is not a natu[al c f'
<br /> ` . ` , person)without Lenders pdor written consan. Lender maY•at its option.re4�ire immediate payment(n fittl of ali sums secured by . - -- - --
<br /> a
<br /> ---- =-=---� --':_, •
<br /> . - - _ tht$Seeutity Instrument. Hawev�. this opUon sha6 not be exerdsed bY�enda d exercise is prohib'Red by tederal law es at the �
<br /> . �te of thls Secur�y tnsUurt�ent. � t •
<br /> ` If Lender exerctses this ePS°n•�ender sfiaU give 8ortawer notfee of acceleration• The noUce shatl provtde a perfod ot nat e t , „
<br /> less than 30 days Trom the date the noUce is de!ivered or mailed within which Borrower must pay aU sums secured by this ` c' � :
<br /> < , $eq��y�n s tr u m e M, l f B o rt o w e r T a i t s t o F a y these sums pdor to the e�iration of this pedod. Lender may invoke any remedies � ,
<br /> �' fnsbument without turther nottce or demand on Bortower. h a v e � � �. .,
<br />_ pertnitted by Lhis M!! t :;4
<br /> ` ` 18. Bof�owei'8 Right to Reii13Y'dt0. H Bortower meets certain condiUons. Borrower shall� s � othe�period es � , •
<br /> . � �' r� entorcement ot this SecuritY instrument ��conUnued a!any time p�tor to tAe earUer of: ta) 5 daYs ( . ,
<br />,�i� _ T.:{ �Pp��e la�,y may spealy tar reinsffitement)betore sa�e of the PropeAy Pursuant to any power of sate contained in thiLe e�cu� �
<br />` � '. � � � °� instrumer�k or @)entry ui a jud9ment entorcing this Sewrity Instrument Those conditions are that Borrawec (a)pays y �:` _
<br /> -_ - -_- sums wfilch tben woutd bs drse under this Securily Instrument end the Note as if no acceteraUon had occurte4 lb)cures any � - - `
<br /> � �, , de[auR ot any other covenant or acyeemer�s: (a)Pafts e� e�enses mwrced"m entorcing this Security inshumen� inctu�rsg.but
<br /> .;-,� � `� not Gmited to.reasonable attomays fees:and(c�takes such acUon as Lender may teasonabty requfre to assure that the Gen ot
<br /> ;1 � ,;' � this Securriy Inslrument. Lender's rights fn the Prope►tY and Bortower's obUgatian to pay the sums secured by this SecuritY ._ .. r.'
<br /> -' ` Instrum¢nt shaU continue wchanged. Upon reinstatemeM bY Bortower. this Searity tnstrument and the obHgatio n tRe mse ' t' .-�. .
<br /> ,' � • , `-� efiectiye as'rf no accel�ation had ocatrred. Howerer.this dght to rdnstate shaU not aPP�Y <•.,<�,;v��;`:�..: ,
<br /> `'.� . � . � hereby shaD re�nain fuUy , `
<br /> � 01 acceleration under pardgraPh 17.
<br /> 5`, � 14. Ss1e of Note; Chettge of Lo2n SeN1Cet The Note or a a Qartiai int�st in the Note (tagether wrtt+this _�
<br /> �':'� ' Sewrity Instrumerd) ma1!be soid one or more times witt►out pdor noUce to Bortovrer.A saie maY tesuft in a change in t!►e enMY ,
<br /> �, ' �;
<br /> • (imo�m as the'Loan Servic�`►that cotlects month(y payments due under the Note end this Seeurity Instcument There aiso may -, :
<br /> ,'�.:%;:•:".. • be one or more changes ot tt►e Loan 8ervicer unrel�ed to a sale of the Note H there is a change of the Loan Servfcer. �, �
<br />,�F;. . . ' Bortower wiU be�ven writt�notice ot the change in accotdance with paraeyaPh 14 abmre and apPficabie taw. The notice w�11 . .'
<br /> ' �t he name and address of the new LQan Se��►�d�e address to which payments should be mada The noUce wID atso Y^
<br />��r' �� " . . cofiatr►enll other intom�aUon reqsifred by appUcabte law. -
<br />€-F�,,. _ , . � / . _
<br /> '� r Z0. H�dOUS SubstettCes-Borrower shaD not cause or pemiit the pres�ce. us� �D�.�arage. or release o1
<br /> �` any Ha�douy SubstanCes on or(n the PropedY• Borrower shaU not do, nor aQow anyone etse to do. anSRhin9 eNedin9 the �
<br /> ' � �P�Y ihat is in viotation ot any Environmenta! l.aw. The precedu�g two sa�tences st�a1!not eAP�N to the presence. use. or - ' � -
<br /> .;� `—
<br /> � storage on the Properiy of small 9uaMNes of Hazardaus Substances that are 9ene�N�°9��ed to be appropTiate to normai �
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<br /> � � resldential uses end to matntenance oi the PropertY. ' ,.,,:��=-�----
<br /> , . r` Borrower shall promPtly gi�re Lender written noUce of any invesdgatlon. de(m. demand, lawsuit or other actlon by any .•y:,_
<br /> � ' '� �` imolvfig the ProperlY and any Hamrdous Substance or Envlronmentsl Law of . ...�, •.y._
<br /> , �� gwemmerttsi or reguiatory a9en�Y or prlvate party avemmental w regulatory authority.that any ;3�:�--�-
<br /> • which 8orrower hes actuaf ta►owledge- ff Borrowet leams. or is notified by arry S `::;::.,,'
<br /> ;�`'.; • removal�or other remediadon o1 any Hazardous Su6stance aftecdng ProperlY is neeessary• Bortower sha0 prompUy take e11 , r:';,..-
<br /> F:', necessaryt remedial adions(n accordance with EnvironmeMal Lavv. :..;,;�`' __ --
<br /> � As used in this para9raPh 20, 'Hazacdetc.s Substances�are those substances defined as toxia or hazardous substanc�bY ;,_, ;'
<br /> ` � Emironmental Law and the toUowing substsnces: gasoGne. kerosene, ather ftammabte or twdc petroleum produds. toxic '• ��:J n_
<br /> � ;r
<br /> — pesUcides and herbiddes.votav'fe solvents.mate�ats wntehiinQ asbestos or fortnatdehyde.and radioadiv�mot�ed�a���e o ' = –'
<br /> :•:� � paraqrap h 2 0. °Envtronmenlal Law' means federal Iaws and{sws of the Juris�edon where the Property �-.-: . _°�. .
<br /> �,� ' heatth.safety or envtronmental protectttm. . "'.�r�''r=��,.
<br /> � { HON-UNIFORM COVENANTS.Bortower and Lender turther eovenant and agree as foltows: 3•;t"'
<br /> �..: • . ----
<br /> � � 21. Aaceteratlon; Remediea Lertder shai� gi�►e noi�ce to 8orrawer prior to acaeteration :T_,�+�.
<br /> � � foliowing BorrawePs breacb of any covena� ar agreemeM tn this Seaurity InstPUment (but not I,,:j��
<br /> '..� , prlor to acceleration under,paragreph 17 unless appUcable law provddes o4ttarwis��. The no4tce , :t,�__
<br /> ' � shal{ specHy: (a)ffie de f ault; (b j the action required to cbu��c��d�uit mu�stebe�u e d; an d '�• ,'�"� -
<br /> � ,. � � 30 days ircm tha dat� the notico is given to Borrower.
<br /> :.'� . —
<br /> �� , (d) that iailure to cu�e the defaait on or before the date spacifled in the notice m The notice . . ��
<br /> acceteration of the sums secured by this Secu►ity InstrumeM and sate of the Property. _�
<br /> - � ' �� shatl further iMorm Borrawer af the �tght to reinstate after acceter3ion and the �iglqt to bring a , , '`_:-M�:
<br /> '" � cour! acttan to assert the non-existence of a defautt or any a�sr detense of Bor►�er to -
<br /> acceteratlon and saie. If tha default ls not cured on or before the date specffted In 4he notice, ; -- -
<br />�.:l��,' .•. � Lender at its option may requ ir e tmmediate payment in tu0 of all sums secured tiy this Securiiy .
<br /> Instrumen! wlthout turther demand and may invoke thv power af sate and any other remedies :. . :
<br /> _ .. permitted by applicabte law.Lender shat! be entitted to coltect all expensea incuned in pursuln9
<br /> , � � the remedies provided in 4his paragraph 21. including, but not Iirtoited to, reasonable a�meys'
<br /> � � � 4ees aad cos4s of tftlo ovidence.
<br /> .' ft the power of sale is lnvoked, Trostee.shall record a natice of defauR in eaeb county in
<br /> ' . which any pa�t o4 the Propetty is located and shail mail copies of such notice in t icabta lavu. �,� �
<br /> �� ' � prescribed by applicabte law to Bor�ower and to the other persons prescribed by app .�;,:. ,
<br /> � . � � � After the time �equt�ed tsy app��cabte law.Trustee shali give pubiia notice of sale to the persons %'t;�"
<br /> • �� � and in tho manner prescribed by applicable taw.Trustoe,wtthout demand on Borrower, shall se1{ .
<br /> the Property at pubiic suction to the highest 4�idder at the time and place and under the terms �; ,
<br /> � deslgnated in the natice o1 sate in one or more parcets and in any order Trustee determtnea . •
<br /> - . Trustee may �ostpaae safe of ali or any parcel of the Property by public announcement at the .•
<br /> � time and place at any prevtously scheduted sale. Lender or its deslgnee may purchase the
<br />�� � Property a1 any sate. � .
<br />-_. � Upon recaipi of payment ot the prlce b1d. Trusteo shali deliver to the purchaser Trustee's
<br /> , :'� deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evtdence of _
<br /> the truth ot the statements t�ade therein. T�ustee shall appty the proceeds ot the sale in tho :
<br /> . s tollawing order. �a) to all costs and expenses of exercising the power of sale. and the sato.
<br /> • - � Inctuding ti�e payment of the Trustoe's fees actuaily incmred, ��Q�the pri cipal amount of the �
<br /> '• � note at the time of tha doslaration of defautt, and reasonabte attovney's 4ees as permitted by law:
<br /> '�"� �' L � � (b) to ali sums secured by this Security InstrumeM; and (c) any excesa to the person or persons • .
<br /> � � � , legalty entitied to it.
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