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<br /> � �s ,s 17.Transfer of the Property or a Ben�dal Interest in Born►wer.If all or any part of the Property or any interest in it �
<br /> _' is sotd or transferred(or if a 6eneficial interest in Borrower is satd ar transfemed and Borrower is not a natural person>without ��`'•'�, � • � • .
<br /> ' � ` � ' Lender's prior written consent. Lender may, at its option, require immediate payment in fuli of a11 sums secured by this �``�L:�; .
<br /> . � � � �`� Security Insvument. However,this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date � � �
<br /> , r, -�c� of this Security In�trument. � �. �
<br /> , If Lender exercises this opiian,Leader shall give Borrower notice of acceteration.The notice shall provide a periad of not _ _
<br /> J�} tess than 30 aays from the date the notice is delivered or maited within which Borrower must pay all sums secured by this s �
<br /> • Security Iiudvment. If Bornower fails ta pay these sums prior to the expiration of this period. Lender may invotce any remedies
<br /> �.", ; � permitted by this Security instrumert without further notice or demand on Borrower.
<br /> . 18. Borrower's Right to Reitutute. If Borrower meGS cettain wnditions, Borrower shall have the right to have <
<br /> �` I ' enforcement of this Security Instmment discondnued at any ame prior to the earlier of: (a)5 days (or such other period as - �' �' ��
<br />- _ . applicable !aw may specify for reinstatement) before sale af the Propecty pursuant to any power of sale contained in this : r ':• __
<br /> ' � . � Security Insuument:or(b)enhy of a judgment enforcing this Security InsUument.Those conditions are that Borrower:(a)pays _" �� .
<br /> ' • I.ender all sums which then would be due under this Seauity Insuument and the Note as if no acceleration had accurred;(b) `��.�' �� ._���
<br /> , ' � cures ar,y default of any other c;ovenants or agreemenis;(c)pays all expenses incurred in enforcing this Security Instrument. . �-f•�:'_'W'
<br /> including,but not Iimitai to,reasonable attomeys' fees;and(d)takes such actiion as Lender may reasonably requ�re to assure ` __ __
<br /> ` . � that the lien of this Security Instrument.Lender's rights in the Properry and Borrower's obligation to pay the sums secured by e. �k '
<br /> .. , v�. • this Secvrity Inswment shall continue unchanged. Upon reinstat�ment by Borrower, this Security Instrument and the �
<br /> obligations secured hereby shall remain fully effective as if no aceeleration had occurred.However,this right to reinstate shall
<br /> �'�= �: :' • : uot apply in the case of aoceleration under paragraph 17. '-
<br /> � r" 19. Sate of Note;Change of Loan Servtcer.The N�te or a partial interest in the Note (together with this Security
<br /> � � ,;,;' Instrument)may be sold one or mare dmes w+ithout prior notice to Bnrrower.A sale may result in a change in the enqty(known , .. --
<br /> - • � -• as the"Loan Servicer")that oollects monttily payments due under the Note and this Security Instrument.There also may 6e one •" �'� -'���� --
<br /> - � . ':i� or more changes of the Loan Servicer unrelated to a sale of the Note.If there is a change of the Loan Servicer.Bonower will be . ' ,----
<br /> �� : given written notice of the change in accordance with paragraph 14 above and applicable law.The no6ce will state the mame aud ��,�_�
<br />�t`�• `•���% address of the new Loan Serncer and the address to which payments shouid be made. The nodce will also contain any other
<br /> '. infotmation required by applicable law. >, � �'�`�
<br /> -`-:..: y�� ``� 1A. Ha7ardous Substanc�es. Borrower shall not cause or pernut the presence. use,disposal, storage, or release of any _`y�-�:
<br /> '" �r�:°T Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting tlte . ���!�.•��
<br /> ���`•� �� '' • • " Property that is in violation of any Environmental L.aw. The preceding two sentences shall not apply to the presence. use, or ,: _
<br /> . � � '`� storage on the Properiy of small quantities af Ha�ardous Substances that are generally recognized to be appropriate to normal '' `�-�' _- -
<br /> ��,��:°•• � ' residential uses and to maintenance of the Property. `�• • �
<br />-�� � :t Borrower shall prompdy give Lender written notice of any invesdgatiop, claim.demand,lawsuit or other acxion by any �• :���=: =: _
<br /> � , governmental or regulatory agency or pri��ate party involving the Property and any Hazardous Suhstance or Environmental Law • • -- ,_
<br /> " , of which Borrower has actual knowtedge. If Borrower lqms,or is notified by any govemmental or regulatory authority,that ' I.;��;:-�:
<br /> • any removal or other remediation of any Hazardaus Substance atfecting the Property is necessary.Borrower shall promptly taEce '•;,z_""'.�s,-__:
<br />- . _ afl necessary remedial actions in accordance with Emironmental Law. ., __ �:,:;,�
<br /> . � As used in this paragrapa 20. "Harardous Substances"are those substances defined as toxic or ha7ardovs substances by �•:��' `. __--
<br /> ;�'�.�.=- ; -= •. Environmental Law and the following substances: gasoline, kerosene, other flanunable or toxic petroleum products, toaic =-
<br /> - pesticides and herbicides,volatile solvents, materials rnntaining asbestos or formaldehyds,and radioactive materials.As used in • ' -`=:�;='_.
<br /> , ' � this paragraph 20. "Environmental Law" means federal laws and laws of the jurisdiction �vhere the Property is tocated that _ �. �'•-��`.-
<br /> . ' � ' relate to health,safety or environmental protection. ; . '��-
<br />' - . NON-UNIFORM COVENANTS.Borrower and Lender further covenan[and agree as Follotivs: • �'�-
<br /> 21. Acceieration;Kemedies.Lender shall give noilce to Borrower prtor to acceter�tton following Borrower's bresch • ` � -'�-
<br /> . , ' " of any covenant os agreement in thts Securtty Instrument (but not prior to accelesation under Qaragraph 17 untess ' ;.�.,:
<br />.'�' �. � appltcabte law provides otherwise).The nouce shall specifj: (a)the default; (b)the action required to cum the dePaWt; ' -
<br /> '' � (c)a date,not less than 30 days from ttie date the notice is given to Borrower,by�vhlch the deYsult mast be cured;and �' .:,�-_
<br /> n:� �. . . � - . _
<br /> : (d)that failure to cure the default on or before the date specified in the not�ce may result in acceleratIon of the sums _ _
<br /> '� - `� secure� by thls Securlty Inctrument a�sale of the Prope�4y. The notice shali furt6er inform Borrower of the stght to �- . � � -�:�- '"
<br /> ���• � � , ' reia5tate siter acceleratton and the right to bring a court action to assert ttte non-extstence oY a deYauft or any other ; ��• • � �.'+„'_:
<br /> � defense of Borrower to acceleration and sate.1Y the default is not cured on or before the date speciBed in the nonce, , � �
<br /> . Lender, at its option, may require immediate payment in full of all sums secured by this Security Instrument withoat � '
<br /> � � Parther demand and may invoke the power of sale and any other remedIes permitted by appllcabte taw.Lender shal!be • � ' , � •
<br />, , entitte�to collect all expenses incurred in pnrsuing the remedies provided in this paregraph Zl,including,but not limited
<br /> ' to,reasonable attorneys'fces and costs of title evidertcc. . ' - •
<br /> � � " . IY thepo wer of sale is invoked.Trustee shall remrd a riotice of defauit in each county in which any part ot the '.
<br /> ` �� ' � Property is tacated attd shaU mail coples oY sacb notice ln the manner prescribed by applica�ble law to$orrower and to : ' . .�';., �
<br /> ` , the other persons prescrlbed by appllcable la�v.Aster the time required by applicable Iaw,Trustee shall give public notdce _ . . . , �
<br /> ' , ; . of sale to the personv and in the manner prescribed by appilcabte Ia�v.Trustee.withont demand on Borro�ver.shall selt
<br /> . the Property at pubic auctton to the highest bldder at the time and place and under the tertns designated in the notice ot �;:�.,: .
<br /> � , sale in one or more parcets and ln any order Trnnee determines.Tnutee may postpone sale of all or any parcel oY the • � .
<br /> .� Property by public announcement at the 41me and place of any prevtously scheduled sale. Lender or its designee may ;: : �
<br /> � � .� purchase the Sroperty at any sale. , .
<br /> Form 3028 9190 . •
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