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<br />� �. 17.Tra�sfer of the Pro rt •or a Benefiriul laserest in BorroNer. If all or an an of the Pro ert w an interest in it j�-" '��f""�'` �f
<br /> pe y Y P P Y Y , . ��,•
<br /> is�old or transfecr�d(or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person)without • •, � • , � -� -
<br /> Lender', priur written cua+ent. Lender may. at its optian, require immediate payment in full of all sums secured by this • • , ��
<br /> Security Instrument.Howe��er,thi�option shalt not be exercised by lxnder iF exercise is prohibited by federal law as of the date -
<br /> of ihis Security lastrument. f ' . '
<br />--- If Lender exerci�es this aption,I.ender shall give Borrower notice of acceleration. The notice ahall provide a period of not � .
<br />-'F les. th:�n 30 �ays from the date the natice is delivered ar maited within which Barrawer must pay al! sums secured by d�is -,- ----� -- -�-- -- -
<br /> ` Security In�trument.If Borrower fails to pay chese sumy prior to the expira2ion of this period,Ixnder may invoke any remedies • '
<br /> ' ..�. • � ,
<br /> permitted by this Security[nstrument without further natice or demand on Borrower. ` _
<br /> • l8. Borro«�er's Right to Reinstate. If Borrower meeu certain conditiuns, Boaower shall have the right to have ,.:.. � ,, ` .�`�.'. •_,:—
<br /> � enforcement of this Security Instrument discontinued at any time prior to the earlier of: (a) 5 days (or such other period as ` � 'w � x
<br /> '�-i-r•f�:-�.. ,
<br /> '- applicable law may specify for reinstatement) before sale of thQ Property pursuant to any power of sale contained in this ���>i,.-.: .,: v�.:�._
<br /> Security Instrument:or(b)entry of a judgmert enforcing this Security Instrument.Those condiuons are that Borrower.(a)pays ':;���•:=�A_'
<br /> " i.ender all sums which then would be due under this Security Ins[rument and the Note as if no acceleration had occarred:fb) � 1,� ��..;._
<br /> ��_ __,
<br /> wres any default of any other covenants or agreements; (c)pays all expenses incurred in enforcing tltis Seeuriry [nstrrureni. '. . x-:�,.�,_
<br /> including,but not limited to, reasonable attomeys' fees:and(d) takes such action as Lender may reaso�bly rec{uim tv:_twre .- ;.��.� � ��T���f`�.-.._
<br /> ,' ;�C..�. �" " _`::.� ,
<br /> .,,_.� that the lien of this Security lnstrument.Lender'�rights in the Property and Borrower's obligation to Fs�tse sums�az..n�.i hy ;,,��sg, -�=" . �+'
<br /> �Q ,,
<br /> this Security Instniment shall continue unchanged. Upon reinstatement by Borrower. �iis Secunty t_rstruin.F:;. �.r�fi �.e , ;;.�.",t.`�` �• :-;=•�•-•_�_
<br /> � .Y obli ations secured hereb shall remain full effective as if no acceleration had occurred. ��a�.ever,L':;��**�.�t to reir�-.�:��s:lall � �°P �� -
<br /> 8 Y Y j.',r-l;::;�`,.�::���
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<br /> : ; not app ly in t he case a f�ce lerapon un der paragrap h 1 7. ,,��- " '_. ts_ �_r
<br /> ; 19. Sale of �c�� Chan�e of Loan Servicer. The Nate or a par[ial i�.-�rest in the Note (toger.:.�r with this Security ' % "�
<br /> '.A Instrument)rxiay be sold one or mofe times without priur nouce to Borrower. !a sale may resutt in a chttnge in the enuty(known �,��`�.;,�' � -
<br />• " as the"Loan Servicer")that collects monthly payments due ur,de:the Note a�d this Security Instrument. There also mav be one °••.;� ' � " ''�
<br /> ' __,`.p. or more changes of the Loan Servicer unrelated to a sale of the���re.If there is a change of the Loan Servicer. Borrower•a�il be _..�.`���.. •`�:-�.=.��_ _�
<br /> •_�' given written nouce of the change in accordance with paragraFL t;above a�.�applicabie law.The notice will state the::3.�and ';t-°;.:a.. �
<br /> ..` address of the new Loan Servicer and the address to which payments shr,:.:�be made. 7'he notice will also contain any other ' ` ' �;"��_,_
<br /> '+ information required by applicable law. �����'�.���• '. i,,"--, -
<br /> - . i 20. Hazardous Substanees. Bormwer shall not cause or permit the presence, use. disposal, storage, or release of any �:_,; ;� ' .: ;t . r�
<br /> •- � Hazardous Substances on or in the Property. Borrower shall reot do, ttor allow anyone else to do, anything affecting the ' l'�
<br /> � ` Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence, use, or ".. � .:.}.'�!��_�
<br />' � � storage on the Property of small c�r�uties of Hazardous Substances that are generally recoDnized to be appropriate to normal ;~!" �" �"1+'��- • '•: .
<br /> ' residential u,es and to cnaintenance.�f the Property. •� ';E :..• . �i
<br /> ` .,�. Borrower shall�..�pdy gi�e Lender written notice of any invesugati��n.claim.demand, lawsuit or other action by any ° ��`•;�;sr`,y,�,?;'�:? �:_
<br /> :::�•: governmental or re�:?=.ary agency or private party involving[he Property:.^d any Hazardous Substance or Environmencl Law �,1�'`��r�, ,� •�.• '.,'
<br /> e�- " t�.'�t ?�:�
<br /> , >:.:, - - ; :
<br /> �•• of which Borrower has actual knowledge. If Borrower leamY,or is notified by any govemmental or mgulatory authc�:�, that � ,� . ;.;�� • _
<br /> . � _!. any removal or other remediation of any Hazardous Substance affecting the Property is netessary. Borrower shall pror�ti;•take <•+••' '-:•
<br /> j all necessary remedial actions in accordance with Environmental Law. `�{ : :�
<br /> As used in this�aragraph 20, "Ha�ardous Substance.s" are those substances defined as toxic or hazardous substances by ''���'�`�»
<br /> ' Environmental Law .:.-id the folJowin substances: asoline. kerosene, other flamm�ble or taxic eiroleum roducts. taxic it
<br /> � '�• S S P P =.�.� �
<br /> pesticides ar►d herbicides,volatile solvents, materials oontaining asbestos pr formaldehyde,and radioactive materials. As used in � "• '?� _-
<br /> : this paragraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Properry is lerated that ` '•i �`���'' ��'-
<br /> relate to hcalth,safery or environmental protection. .-•`��_t .
<br /> NON-UNIFORM COVENANTS.Borrower and Lender further covenant and agree as follows: " "' ''�`°�--��,_ �;."..
<br /> , . 21.Accelerati�W;Remedies. Lender shall give nottce to Sorrower pclor to acceteration followir�Borrowea�'s breach ,
<br /> "�:�:,_.
<br /> . oP any covenant ou���eement in thLs Security Instsument (but not pr�or to acceleratton uader paragrepl� 17 unless _ .;�_ -==�:��,.
<br /> . gpplirable law prosa:ies otherwise).The notice shall specify: (a)the defaWt; (b)the action required to cure the default; .:�.'�-". ' � ����'�'
<br /> . (c)a date,Rot less than 30 days from the date the not�ce is given to Boreower,by w6ich the defaalt must be cured;and '3" �`'�'�'`:_=
<br /> ' (d)that fallure to cum the defaalt on or befose the date specit3ed In the notIce may resv4t in accele�$tion of¢�sums �
<br /> secured by this Security Instrument and sale of the Property. The natice shall further inform Borrower of tE:�cigt�t to _V.,�a����
<br /> rcinstate after acceleration and the right to bring a court action to assert the rton-existence of a default or any other � �-y �=�----" `"`
<br /> defense of Borrower to ar�xleration and sale. If the default is not wred on or before the date s-xci�ed In the notice, � '� �' ��
<br /> . I.ender, at its option. may require imme[Ilate payment in full of all sums secured by thfs�vrtiy IrsStrument withnut ���—� —
<br /> ' fu�ther demand and may lnvoke the power of sale and any other remedies permitted by applicable taw. Lender shall be �"'��'�`-�-;_ '
<br /> entitt�c3 to collect all expenses ina�rred in pursuing the remedtes provided in this paragraph 21,Inclading,bat not Iim[ted _ ��'"'`'�"�
<br /> to,c�unable attorneys'fces and costs of title evidence. �?�• -�
<br /> � , IY the poweT et sale is i+nvoked. Trustee shal! record a notice of defanit in eac6 county in whtch aay part of the �'m-.�.��°�. •----- —
<br /> . P raperty i s tocat e d:�.i s ha l{m a i l cop les o f su c h not ice in t he manner prescribed by applicable law to Borrower and to �"� " '�' ��
<br /> � ,..�, ..�:�:;'-..w=-�_�•
<br /> � • the other persons F.�scri6ed by eppiIcable Iaw.After the time required 9�s appltcable la�v,Trustee shall give public notice -- �;�:.-�..;•�_-��
<br /> of sa!e�the persons and in the manner prescribed by applica6le law. �'rusteP,�vithoat demand on Borrower,shall sell _ ' '��-•
<br /> " the�Ir;e�,,�ty at public auction to the highest btdder at the ti:a�and place and under the terms dcsignated in the notice of --z.qq,r=;.;;;;;;�;yaL, .�
<br /> sate i^i�a�or more parcels and in any order Trustee detee.�.ines.Tru�'.ee may postpone sale of all or any parcel of the � `•�� -'�•'. � _
<br /> � . Property by puh"ic ar��nouncemeni nt the ttme�ad place of any prevf�i� scheduled sate. Lender or its desigrtee may Yt""'�'"'"'•; -
<br /> � pnrchase the Pruge.+n at any sale. �. ,':. i ,"�` ;:��;�.,
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