. 't `� ,c .. �_._....v. ti._. _.,�.. . . "_ � � ' ...c._�_`__ ... ..-,._`_--_-."' < ..,._.. ' _ ' _ _ �. .. -._._.2'_..-- . , -'-
<br /> � i.;�.-L`.�
<br /> � � 17. Trsnsfor of tha PropaRy ar a Bea�ef[c6a1 In4erest in Banower. it a�i o� any part ot the PropeRy or � • _,�
<br /> . any mterest m it is sold or trans!erred (or d a benefiaai interest in Borrower is sotd or transferred and 8orrower is not a natura� . -
<br />, • persan) wtthout Lender'& pdor wntten consent Lender may.at ils option. require immed�ate payment in full ot all sums secured by � -
<br /> this Securiry Instrument. However. this opUon shatl not be exerc+sed by Lender if exerase+s prohibited by tederal 1aw as of the y =_
<br />� f date ot this Securiry InsVument. � `�`F , �~�
<br /> t It Lender exerdses this option. Lender shall give Banowcv notice of acceleration. The noUce shall provide a penod of not �' .�--
<br /> �'� less than 30 days fram the date the nctice is delivered or mailed wilhm which 9anower m�st pay all sums secured by this � T
<br />� � Security InsVument. If Bortower tails to pay these sums pnor to tfie exp�raUon ot ths pennd. Lender may mvoke any remed:es . -_
<br /> � pertnitted by this Security Instrument v�thout tuRh�r notice or demand on Borruwer. � �
<br /> ••� 18. BOrroWer'S Rigt12 to Rei�atate. if Bortower meets ceRain cond'Rions. Bonower shali have the nght to have . �_
<br /> I entorcemeM of this Securiry lnsVUment discontinued at any time prior to the eaAier of: !a) 5 days (or such other penoC as � .
<br /> `'`-1 applicable�aw may specHy tor re�nstatement)betore sa!e ot the Property pursuant to any power of safe conta�ned N this SecurAy . , ` .,_ , :
<br /> ' i Instrument or (b) entry of a judgment entorcing th�s Security InsUument.Those oonditions are that Bortower (a)pays Lender all s , ` _j...
<br /> " � sums which then would be due under this Security instrument and the Note as i1 no arceteration had occurred: (b) cures any _—_:_ __-___.. ._
<br /> � ; deTau3t ot any other covenant or agreements: (c) pays al e�enses mcurted fn enforcing this Security Instrumant mcluding. but , , ,
<br /> not timited to. reasonabte attomeys'fees: and(d) takes such action as Lender may reasonabry require to assure lhat the lien of ,
<br /> , this Security Instrume�t. Lender's rights in tAe Preperty and Borrowefs obfgation to pay the sums secured by th�s Secumy � � _ ., ; • —
<br /> � Instrument shall con6nue unchanged. Upon reinstatemertt by Barrower. this Security �nstrument and the obGgations secured u__� "
<br /> hereby shal{remain fully eHec6�ie as it no acceleration had occurred. However, this right to reinstate shall not appty in the case ,
<br /> ;,.�-nr-��r..-
<br /> of acceleration under paragraph 77. _ � -__�-----�---
<br /> 19. Safe of Note; Change of Loan Senricer. The Note or a a paRial interest in me Hote (toqether with this � `�•�.�_►.�
<br /> -s�.e,.:�^..�,
<br /> ' Security Instrument)may be sold one or more times without pr.or notice to Bonower.A saie may resu�t in a cfiange in the enSity �_,
<br /> �. (known as the'Loan Servicer) that collects monthy payments due under the Note and this Security�nsirument There atso may ' �,;:,��_-" -�3.•+
<br /> • be ane or more changes of the Loan Servicer unrela2ed to a sale of the Plote. It there is a char�ge of the Loan Servicer. -
<br /> ��'.
<br /> Borrower w81 be given written notice of the change in accordance with paragraph 74 above and applicable law. The natice will __ _
<br /> state the name artd address of the new Loan Servicer ar.d the address to which payments should be made. The nnrce wi;t also `r
<br /> � ' contain any other inlortnation required by appfica6�e law. � * " � "
<br /> ..:.�.:.,�Yr.r .; ...,,.�
<br /> � � 20. H828�dous SUbS48l1CeS. BoROwer shaU not cause or permit the presence. use, d'►sposai, storage. or release ot _�-
<br /> ` � ' any Hazardous Substancts on or in tha Properiy. Borrower shail not do. nor allow anyone else to do, anything aflecting the __ -�'��a�- -
<br /> PropeRy that is i� vfotation of any Emrironmental Lavi. The preceding two sentences shall not appty to the presarce, use, or �..�«,�-- �_--_
<br /> � storage ort the Property ot smail quantities of Hamrdous Substances that are genetally recogn¢ed to he approprisr�to nomial :� ., ��,,
<br /> �_
<br /> � residentiat uses and to maintenance of the Property. � -. —
<br /> •..�`s Bortower shall prornptly give Leoder writteo notice of any investigaUon, claim, demand, lawsuit or other action by any '•.rY�- ` 4,p i . �
<br /> -:..:r:: ' '��, � . - •
<br /> ,, govemmental or regulatory agency or private party invotving the F'roperty and any liazardous Substance or Environmentat Law cf Y � �,a�-
<br /> v,;�;� which Borrower has actual know�edge. If Bortower leams,or is notified by any go•��nmental or regulatory aulhority. that any � ��:,. `: �..I �_
<br /> (F'.�..r'_;,i, ., ' :.�tt
<br /> removat or other remediation of any Hazardous Substance aNecting Property is rer�sary. Bonower shall pmrr�'!y taRe a�� , �r. • : � •�
<br /> '��l i4.,., .�:
<br /> (�•,tl:� necessary remedial adions in accordance with Environmenta!Law. r�}„',•, `
<br /> �`:' ;
<br /> -,�;j�q;�� As used in ihis paragreph 20, 'tiara[d�us Substances'are those substences defined as toxic or har�rdous substances by �•#r:_.,�.�'
<br /> . �R,`.' si'
<br /> ;,,°;t',� Environmental Law and the folfwrtng s.L�tances: gasoline. kerosene, othe► ftammabte or tox:c peU'oleum products, toxic ,; .
<br /> 4: �.�,�:•. .
<br /> r '�!�' pestiddes and herbiddes.volatile setve..�..:.�7a'erials containing asbestos or fortnaldehyde.and radoactive materials. As used in r H,. �'• �
<br /> ,'� ��r��
<br /> " paragraph 20. 'Environmental Law° mea•-.s`�erat lavi� G�d taws of the jurisdiction vrhere the Property is lacated that relate to . � 4
<br /> heaBh,safety or ernironmentat protec6on. k`.'�•.�� •?t u==�
<br /> � , � '. �
<br /> ; .,•__. .;�_
<br /> ;L. NON-UNIFORM COVENANTS.Bort¢vc�and Lender further coven�r:and agree as fo0ows: ' � ' ��.��t�•. _
<br /> - 21. Acceferation; Remed���. Lender shall give r�Yice to Borrower pdor to accetewat�on ,�•� e
<br /> � i�,:.. �1i�,; .
<br /> � following Borrower's breac h o f any coven a n t o r a g r e e m e n t i o i�u 3 s S e c ur i t y Instrument (but nat _� - �`�:.���-,'
<br /> prlor to accete►atian under paragrap6� 17 unleES applicable law ��avides otherwise). The notice ,��P%.'••'•' ,,�-�
<br /> -'. ,,�•:: shall spesNy: (a) the �$faul� tb) the action required to cure 4he defaul� (c) a date, not less than �Y�'T.�,,�,�
<br /> ��,''`'���" 30 days bom tha date the r�at�za ts g(ven to 8onower. by which the defau�t must be cured; anr �'�'s; . :
<br /> �}�'`�y (d) that failure to cure the d��aR on or before tiie date s�ecifled in th� caotice may result In ���� ��
<br /> :,k;, _�.
<br /> '�•°:�E� accetoratlon af 4he sums secu�d by this Security Instrumen!and sate of�s��ropesfyl. 1Tns notice �_"
<br /> ,• **`^'�
<br /> � shail further intorm Bonower of the rlght to reinstate after acceleration a�d the right C�a bring a ,;_ �.-.�
<br /> ;. ` ��'___�`�:.:__.,�_:-,
<br /> ''• ;j�� court actlon to assert tfie non-existence of a defautt or any ott�er d�:`�^.se af �e�wer to ;,
<br /> ,:�''�''���fi, asceteration and sale. If the d34ault is not cured ¢rs or before the date �."ifled In the notice, .
<br /> '.'��Yl:�• � t.,�'��'::�,
<br /> ,.�. Londer at ita option may veq�stco lmmediate payrner.7 6n full of all sums secured by this Securii� °.•;�._ r.•..
<br /> Instrume� without f��thre dc_-':�and and may tnvoke the power of sale and any other remedies .�..-='�"�-'��`
<br /> _ ' permit4ed �y appetcal�tr�fava. Csander shatl be entitled to collect alt expenses inaurred i� pursuing . '�"'"""��-��"""
<br /> a .
<br /> � the remedias providiad ie� tfsls paragraph 21, including, but not limited to, reasonable attorneys' �.
<br /> fees and costs of title evldeac+�. GV '� "
<br /> �.
<br /> If the power ot sale is tm�ca�cod, Trustee shall re�rd a notice of default in each coun4y in �;;:
<br /> • which anyt part of the Propec4gt is located and sha0 mail copies of suc h n o t ice in t he manner - _•; - �r��
<br /> W---.'^-Yia�+-�
<br /> , prescribed by appliepblo law to BorravraP and to the oth�r persons presc�ibed by appUcable law. ,-_�� A..:._
<br /> After the time requirad by appUcabte Isw. Trustee shafl give public notice af sale to the persons � � ;,F,y;�...f- ;.
<br /> �`�•' and in the manner Rrescribed �sy applica�te law. Trustee,voiffiaut demand on Borrower, shall se10 ,t;: ;;���-�
<br /> ,":;t�.� '.�°-�;xv ,�.: _
<br /> ..,.:,L;� the Property at �u@!ic auettan to the highest bfddae at the time and placc� and �ae�der the term�. „e,�Mµ _
<br /> '��•����" desi nated in the notice of sale In one or more arcets and in an erdcr Trustee determines. � � `'��•�'
<br /> 9 p y -^:�,-_�-���,s:. :,..:
<br /> � Trustee may pas4pane sale o! all or any parcel of the Proper4y �y �SU�C:c: announcement at the ^;,:, •• .,;,,.. �
<br /> tlme and ptace o! any previously scheduled sale. Lender or its desi��ae may �o�rchase the • . .•,�• � �
<br /> . �. P►aperty at any sale. �:.�''�''�� ' —
<br /> .• •
<br /> , . ;�p�!'�<.�:i,
<br /> Upon �eceipt of payment of the price bid, Trustoe shait deliver to r9ce �SU�chaser Trustee s ,y,.,.,. _
<br /> deed conveying the P►opeiiy. The recitals in the Trustee's deed shall be prlma facie e�idence of .:;.'.�:
<br /> � the truth of the statemertts made therein. Trustee aha0 apply the proceeds of the sate 1n the
<br />� ' follov�l�g order. (a) to all costs artd expenses of exerciEing the pawer of sale, and the sale. . � .
<br />" " including the paymea�t of the Truste�'s 4oes ac4ualiy incurr�d. not to exce�d tb�ree • �
<br /> ' % at the principal amount of the ." � •;. �
<br /> . note at the timo of 4he doetaration of default, and r�asonable attorney's fees as permitted by law: . � ' �
<br /> (b) to all sums secured by this Security Ins4►ument: ar�d (c) any excess to the person or pe►sons .
<br /> logally entitled 4o i4. � —�
<br /> . � , �,:�a, , � ..�• � ��•� .
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