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<br /> � , �, � . - � .. ',.._� . .• •__ � � • ' .—_`_�_�._..._.-.2 ` 1 ,`'�.._� _ <r ,. ' ��oro�e�..tiwit y�-
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<br /> � 17.�ransfer oY the Property or a�ienefic[a1 lnterest in f3orroKer.lf ali ar any psrt of the Property or any interest in it - _ _
<br /> is sold or transfcrred �or if a beneficial interest in Burrower is sold or transferred and Borrawer is not a natural person l withont : �-=:"��-� �
<br /> ' I,t�ider'� prior vrrittem m�sent. Lender may. at its option. cequire immed'+ate payment in full of all sums secured by this , «=�-_� -�.•� �___
<br /> , Security Instrument. However,this option shall not be exercised by l.ender if exercisc is prohibited by federal iaw as of the date - _ r_ ,��.,_�_�_ ..-
<br /> of this Security Instrument. .. .� ;' <<' �
<br /> • If Lender exercises this option.i.ender shall give Borrower notice of acceleratioa The norice shdll provide a peri�d of not , , _
<br /> - less ihan 30 days from the date the nouce is delivered or mailed within which Barrower must pay all sums secured by this ' •,• �• ,.. . ��:_
<br /> , Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period. Lender may invoke any remedies � '��"'� f...-_
<br /> pecmined by this Security Instrument witteout furtfier norice or demand on Borrower. >. -T- ---�• ,�
<br /> I$. Borrow�er's Rigttt to Reinsiate. If Borrower meets certaim m�ditions. Borrower shall have th�e right tu have ;;��... �. __
<br /> s . r`•` _ .
<br /> enforcement of this 5ec�rity [nstrument disrnntinued at.any time prior to the earlier of: (a) 5 days (or swdr�yther period as .'� ____
<br /> �lic�ahi� taw rr.�y s�ecify for reinstatemem) befo�: �c of the Property pu�uant to any power of sa1:: ��:rt�ined in this � � t;<s "
<br /> y-� �.,1.: -
<br />°,.;:�;. 5�.:-^::� t��-z-�-rt:or(b)en�y of a juC�-�ent en`_o-r�;��s Se�;:-ity Instrumeni.'Fhose wnditions are th�.�,sea:wer. (a1 Q3Y5 �--- .
<br /> ;:`'f:G �e::r zi:s�.:�s w•hich li5� wn;�d fie d:t ur•:u> :��5.:ura} iasteumsnt und the Note as if nfl acceleratirr.ir�3 occur[ed: 16) _ �=
<br />:;*� �xares any default of any o�rr covenan�or agr�-.'�c:.s; (c) puys all expenses incurred in enforcing this ��cssrity Insttument, T�'�'�';`�-- -
<br />...1�N-�/ . .:e.>�h�j.
<br /> inclading.but not limited to, reasonabte attorneys' f�s:and (d)takes such action as Lender ma}reasonabty requ►re co assure � _
<br /> that the lien of this Security instrument. Lender's rights in the Property and Barrower's obligauan to pay the sums secured by ` �� � � ;
<br /> . this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument and the a—;.4,�._-�-
<br /> abligatioas secured ttemby shall remain fully effective as if no acceleration had occurred. However,tf�is right to reinstate shall �f;.-=. '
<br /> not apply in the case of acceleration under paragraph 17. -�- =__-_ ----
<br /> 19. Sale of tiote; Chattge of I.oau Servicer. Thc Note��r :� psrtiai interest in the Nate (togeiher with this Sccurity --�-•,-r;-V�.��,
<br /> ' In�trumentl�»�y he�o1J une or murc times without prior natice to Burruwcr. A wlc may result in a change in thc entity(known , _
<br /> :�c thc"L+�ar�Scrvic.:r"►�hat roilc�ny mumhly paymcnt,duc undcr thc 1Yotc and thi+Sa�urity lastrumcnt.Thcrc alsn may bc une
<br /> ur mnrc cbanz.r.nf�hc I.��an Scrviccr unrciatcd a+a.alc uf thr Nutc. U'iherc i+a rhange of�hc Luan Servicer, Borrower will be •,.����
<br /> �icio urtaen nuticc at the chan�c in acrurdanre�;itb paragr.►ph 14 ai��,vc and applicable law. The nntice wiU+wte the name and . . .. .: • _ � :�:
<br /> ;utdrc„��f�Dc ncw t��an 1cn�ccr and thc addretir �o whirh paymcnt,,huulJ hc n�adc. Thc n,�ticc will slys►cuntain :u�y othcr :�;,: ,'°:_,, �
<br /> . ��'.' mfunnatiun rcWuir�Yl h�upp l ica A lc lati►. �'. _..--
<br /> ' 20. Nai�rdnus Subxtuttccw. Burrutiv�r ,hsll nut causc nr permit �hc presence. usc, disposal. tiwragc, or rcl�asc of:u�y ��;,�
<br /> N�urJaur tiuhrtancc. on ar m thc Pc��perty. Burruwcr +halt not Jo, nur all��w :u►yone else to do, anything affccting the _
<br /> Prapeny thai i.in viala�iun of uny Environmental l:�w. The prrxrtiiing twn sentences sh:�ll not apply to the presence,use, or �� I �4•�.
<br /> � storage on the Prupirty uf,n�all quantitie,of Hurardouy Subtitance.tlwt ue generaily recognized ta be ttppropriate to norma{ �-•-�• .,-.-:�;;
<br /> � residential u,es and to maintenance of the Prope�ty. �� y-�
<br /> Burra�ver shall promptty give l.ender written notice of any investigation, claim,demand, lawsuit or other actian by any �� , .:•_._.
<br />� � gocemmeatal or re�alatary agency or private party involving the Property and any Hazardous Substance or Environmental Law
<br /> - of which Borrower has actual knowledge. If Borrower leams, or is notifced by any govemmental or regulatory authority,that .;,�?�:�;.. �
<br /> � any removal or other reniediation of any Hazardous Substance affeccing the Property is necessary.Borrower shall promptly take ,,. „ :z:�.• :• .
<br /> - � all necessary remedial actions in accordance with Environmental Law.
<br /> � As used in this paragraph 20. "Hazardous Substances" are those substances defined as toxie or hazardous subst�.ces by . '�' . �`��
<br /> Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleu.a*-� products. toxic :•,; : �::
<br /> pesdcides and herbirides,volatile solvents.materials containing asbestos or fornialdehyde,and radioactive�rials.As used in �,�- .:' w;;w,.;f;';� ..N,
<br /> ,.s�..,'`�, this para�cz�h 20. "Environmental Law" means federal laws and laws of the jurisdiction where the Fec�Zrty is located tha�
<br /> ,.,.,,_ : relate to h�:��,ssfety or environmental protection. ,
<br /> I30N-Lti'IFO�7 COVENANTS_ Borrower and Lender further wvenant and agree as follo;hs: � , ;��,ti�:_
<br /> �, , 21. �eraciam;C�smedIes.Ler�er shall g36e nottce to Borrov�er prtor to accele�a3i¢a Fu�isif�@orrower s breach ���.•}3.�.. •
<br /> of any co�eeant a��..''�ent in t�is 5ecur+ty II..'�.niment (but not prior to acceleration ��`�(su._�st�rap6 17 unles� •��
<br /> � applicaEaie law prosi�z�c�erwt.se).The noifce s�T1 specify: (n)tlie deYsult; (b)the actIon r�-�r�+3 t�x�re the defaulh, -,.'.
<br /> �� • (c)a daYe,r�..�3 tess than 30 days fra�t8e date the nottte is gic�to Borrower,by whlcb tde deFa¢S6 m.c�.yT be cQred;and � " '' -•� -
<br /> '�',�•� �� (d) that £sZn:re to core the default c,ca or before the date spe�i�ed in the notice may result in accets�xrion ot�tU�sums �;;.;�
<br /> . • secured 6g ti�Is Securlty Instr�menII:,:��sale of the Property. The noNce sbal!further inform Ba�w�of the cf�h4 to .
<br /> reinslute aftee acceletiadfon and t6e rtght to bring a court actton to assert the noa-existence of a d:�'avit or a�ath�r � , '" • �"��
<br /> C ':.f��•.'••Ib�W�rr�. .r .
<br /> defense of Borrowe�to acceleratton and sale. i�the default is not cured on or before the date sgecfi�� in the noflee, .. --��-�-,-r<r
<br /> � • Lender, at its option,may requtre immediate payment ln full of all sums secur,ed by thfs Securit� Lt��xrument without :. - - ''"'"�'-_ :';'
<br /> ,,.��
<br />"��r;�� ., further demand a�d may inwoke the power uf sale and any other remedies permltted by appllcable�,-�-�•Leader shal!be ;.,. �T '•�,;'�.�;:�= _
<br />':;��. ' entttled to collect all expeas�►incvr�d in pursuing the remedies provtded in thls paragr��2fl.inclading,6ut not Ilmited �;��,. �"='
<br />...,, �.•-:...:: .
<br /> •• to,reasonable attorneys'fees aad c��of titte evidence. • 4y.t's r..a-�•,
<br /> ' If the power of sate Is invaked, '1'rastee shall record a naNce of default in each ca�y �c�tu�' auy part of the _��
<br /> � - Propert}+i9 lacated and shall mail wpies of suc6 notice in the manner prescribed by ay��4:��:e L�ip c�s SBorrower and to � _
<br /> � the ottic��ersons presce�bed by ap�l3sable Iaw.After the time required by applicable law,'IIYust��l�ive pubGc nolice _
<br /> �• oY�fe Gy C�z persons and in the�r_er prescri6ed by appllcable law.Tn�stee,��s.���.�b��and oa.°�n'ower, al�I2 self _ n , -
<br />'�`•``' ` tQ�e Fre�.�ty at public aactton to tT�=f�est bidder at the time and place and under tare r.��*^s designated in the cs�ce of =•��- _ -`` -� _
<br /> sale in one or more parcels and in z:3�order Tnlstee determines.Trastee may posipa�e�:.ua of��or any parcel of the iz'} =.- '•'"��."•__� �y_
<br /> Property by publtc anaouBCement at the tinne�.:.�J place of any previously sc6eduled �e- �e��ra�its desfgnee may �,;;':
<br /> , . purchase the Property at any sale. !*'�=•==--°°_�
<br /> �.•:ie�e¢t�a.,-sx,�r�u���
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