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<br /> !7.Transter of!he Property ar o Beneflclal Inter�st in Borcatiser.lf all or any part of the Property�r any interest in it : ;�. ..:"r
<br /> ', �.,. i:, .�•I.. is sold or tranafem�(or if a beneficial intecest in Borrower is sotd or transfeROd and&�rrnwer i�t not a natura!persan)without �; •_ �
<br /> .. � - Lender's priar written wnsent, t.e n der may. a t i es n p t i a n. r c quir e immed'eate pa yment in fall of all sums secured by this ����.,� .� , ,
<br /> • . • Security instrument.However,this option shsill not be ea�ercised 6y l.ender if exercue�s prohibited by federal taw as of the date �t.•g °•<� ;�o _� ,
<br /> . ` `� u ofttiis Security lastivment. : °° 1:.
<br /> • '� �� If Lender exercises this option.Lender shall give Borrower notice of acceieration. The notice shall provide a period of not � %: , ,:��..�
<br /> . � :.-�'.----: c: ,.
<br /> ;.,�- :- . tess than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this� ,t ;.• ' "
<br /> <--, �== , Secoriry Instrument. [f Sorrower fails to pay these sums prior to the expirauon of this period.Lender may invoke any remedies -. r°� .�.
<br /> � pemutted by this Security Instrument w�thout funher notice or demand on Eonower.
<br /> - < ' ` � IS. Bormwer's Right to Reinstate. If Borrower mee[s certain wnditioa�. Bonower shatt have the right to have � ``
<br /> • ' ' enforcement af this Securiry Instr�ment discamtinued a: any wne prior to the earlier of: (a)5 days(or such other period as � f ,:',
<br /> � - � - '.��� j� applir�Itle taw may specify for ninstatement) before sale of the Properry pursuani to any power of sale contained in this � �"' '..: :.
<br />, ' - Security Instrument;or(b)entry of a judgment enforcing this Sec�rity Instrument.Those conditians are that Borrower.(a)pays .•,
<br /> ;:���. . . • Lender all sums which then would be due under this Securiry Instnunent and the Kote as if no acceieration had occurred:(b? � ;"
<br /> � ; c u r e s a n y d e f a u l t o f a n y o t h e r c o v e n a n u o r a g re e m e n t s; i c)p a y s a ll e x p e�s e s in curt�ed in enforcin g this Securi t y Instniment. � :. ��
<br /> . ' �� inciading.but not limited to.reasonable attomeys' fees; and(d)takes such action as Lender may reaconably require ta assure ` `, �--�
<br /> � �"� • - -
<br />'-�: � '� ' • � that the lien af this Security Instrument.Lender's rights in the Property and Borrower's obligation to pay the sums secured by .`,:�---''�
<br /> � :�: . M1 f� this Security Instramem shall continue unchanged. Upon reinstatement by Borrower. this Securiry Insdrument and the ,
<br /> � �� obligations secured hereGy shatl remain fully effective as if no acceletation had occurred.However,e6is right to reit�state shall : -� �
<br /> �', �;:<f not apply in che rase of acceleration under pardgraph 17. `' �.', �
<br /> � � 19. Sate of 11lote; Change of Loan Serv[cer.The Note or a par6al interest in the Note (together with this Security
<br /> ' . -� .• '� ' Inmument)mny be sold one or more times without prior nodce to Borrower. A sale may result in a change in the entity(known
<br /> •°I �-:� °} as the"Loan Servicer")that collects mnnthty payments due under the Note and this Securiry Insdumeat�There also may be one _
<br /> or more changes af the Loan Servicer unreiated to a sale of the Note.If there is a change of the Loan Servicer,Boaower will be , -
<br /> �- •I���-=�•����=� giveu writtea notice of the change in accordance with paragcaph 14 above and applicable law.The notice wiU state the name and . _ _ _- -
<br />_ _-_,�_—�__;;;��t address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other
<br /> °' `�"�`': informauon required by applicable law. •. .�,-----
<br /> � '�� '.• Z0. Ha�ardons Snbstances. Borrower shall not cause or permit ti►e presence. use,disposal, storage,or retease of aay "� - = �
<br /> � ` , Hazasdous Substances on or in the Property. Borrower shall not do, nor alIow aa one else to do, an n aff the '.. .��`�=•�
<br /> , . ;::;,. Y S� S �S ,. . y:-�--
<br /> -� .'.' . . . Property that is in violation of any Enviroranental Iaw. The preceding two sentences shall not apply to t6e presence.use,or �-__,,,. ��
<br /> --;,4,��, storage on the Property of small quaatities of Hazardous Substances that are generally recognized ta 6e appropriate to normal - _ _
<br />' •. ' :: <�-, residenrial uses and to maintenance of the Property. . _
<br /> �`_• • �� Borrower shall pr��pdy give L.ender written nntice of any investigation.ciaim, demand,lawsuit or other action by any �.
<br /> �, �'.: ,� govemmental or regelata;3 agency or private party iuvolving the Property and any Hazardous Substance or Fuvimnmenta!Iaw y�'? —_
<br /> ' ,� ;r-� '�.•� of•which Borrow•er i*.as artua{trnow[edge. If Bamauer leams,ar is notified by any goverruneatal or regulatory authority,that - ''
<br /> . . • .�;;pr,,:' ..- '..�.�,- _
<br /> .,.; any remocal or other cemediation of any Hazar dous Su bstance a f fecting t he P rope rt y is n e c e s s a r y.B o r c o w e r s h a l l p ro m pd y take
<br /> ' ''" all necessary remedial actions in accordance with Environmental Law. - � ;,,:�_
<br /> � ` •• As used in this paragraph Z0. "Hazardous Substances"are those substances defined as toxic or hazar�3ous substanas by •• �.��
<br /> - • - • Environmental law and the foltowing substances: sasaline. kerosene, other flammable or toxic petrc�leum praducu, toxic - ;'"�
<br /> SS
<br /> � . pesticides and herbicides,volatite sotvents.materiats containing asbesros ar formaldehyde.and radioactive materials.As used in �•:.,
<br /> ',. � � this paragraph 20. °Environmental Law" means federal laws and laws of the judsdiction where the Property is tocated that '.�,��, _�
<br /> .. ' • � relate to health,safety or environmental protection. .:„'�
<br /> • NON-UNIFORM COVENANTS.Bonower and I.ender further covenant and agree ac foliaws: . . .-.�'�=
<br /> Zl. Acreletation;Remedies.Lcadec shall give notice to Borrower prEor to soceteration foitowing Borrotiver's breacb `'''�''�'��-�
<br /> . of any wvenant or agreement in ttils Seavrity Iastrumeat (but noi prior to acceleration under para�raph 17 aniess . ' "'_ �
<br /> - ' . � � . appllca6le law prnvides otherwise).'fhe notice shull specify: (a)the defanit;(b)the actton cequired to wre the deQault; �• :��
<br /> � � �• � (c)a date,not less t han 3 0 d ays from t he d a te t he no t tce i s g ive a t o B o r r o w e r,b y w h I c h t h e d e f ault must 6e cured;antt �� • "'-�
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