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<br /> ?` • � 16.Borrower s Copy.Boccocver shall be given one coniormed cop�nf the Lot�and of this Security'Instrumettt. , ;
<br />' • � ' 1?.Transfer oi the Property or a Heneficial Iaterest in Bonower. If all or any part of the Propercy.or any' �� � ,,�,3. ,
<br /> � . �•t interest in it is sold or transfened(or it a brneficial interest in BorroRer is sold or ttansferred ar.d Born►ner is not a
<br /> natural person)�vithout Lender s prior nritten consent.Lendec may,at its option,require immediatC payment in full��f(�
<br /> , � _ all sums secured by this Security Instrument. However, this option shalt not be cxercised by I.ender if rsercise i�
<br /> _ .. _ _ prohilsited by federal laa as of the date of this Se�urity Instrument. � _
<br /> `< ' If Les►der exereises this option.Lender shall give BorroNer notice of acceleration.The noticc shail prx�vide a period� �
<br /> :" ' � � of not less than 30 days from the date the notice is delivered or mailed tvithin which Borrawer must pay all sums secured� �`� •
<br /> .. ,:. ';:
<br /> � , , by this Security Instrumen�If Borconer fails to pay these sums prior to the espiration of this period,Lender ma}•invoke� , .
<br /> :<, any remedies permittedby this Security Instrument without further notice or demand on BorroRer. , .;
<br /> �.f...:.. '
<br />':'; 18.Borrower's Right to Reinstate.If Bortower meets certain conditions,Borrower shall ha�•e the rigl�t tn hac _ ,
<br /> - ' enforcement of this Secunty Instrument discontinued at any time prior to the earlier of:(a)S days(os such other perio .
<br /> �� as applicable law may speafy for reinstatement)before sale of the Property pursuant to anypo wer of sale conta�ned i� ` ,,.•��
<br /> this Securitp Instrumen�or (b) entry of a judgment enforcing this Secunty Instcument.Those conditions are that ,, X°,4. ..
<br /> Bonower: (a) pays Lender all sums Hhich then would be due under this Sexuriry Instrument and the Note as if no ,
<br /> � ' acceleration had occuned;(b)cures any default of any other covenants or agreements:(c)pays all expenses incurred in
<br /> � enforcing this Securiry Instrument.including,but not limited to,reasonable attorneys fe�.s;and(d}takes such action as ���'
<br />-�� � � � Lender may reasonably require w assvre that the lien of this Se�urity Instrument,Lender's rights in the Property and , ,<
<br /> '�<: � . ,. � Bonoaer s oblipation to pay the sums serured by this Security Instrument shall contin�re unchanged.lipon reinstatement - . ;, �. _
<br /> .;Q '
<br /> by Horrower,ttusSecurity Instrumentand theabligationssecured hereby shall remain fully effectiveas�f noacceleration � h �
<br /> : had occurred.However,t}us right to reinstateshall not apply in the case of accetetation undec patag�'aph 17. : 4`' _
<br /> ' • ;�,;,:i_
<br />;��, ' 19.Sale of Note;Change of Loan Servicer.The Pioteor a partial interest in the 1``ote(together with thisSecurity :,��:
<br /> c�-.:� •�..� .: _�:,•.:•. Mstrument)may he soid one or more times without prior notice to Barr�nrer.a sale may result�n a change in the entity _ ` �<i:a—
<br /> ;.� , �. (known as the"Loan Servicer")that collects monthly paymenu due under the Note and this Security Instrum�nt.There .---- ;. ,ar_�
<br /> also may be one or more changes of the Loan Servicer unre la t e d to a sa le o f t he Note.If there is a chan ge of the Loan � .. ,�;y_-
<br /> �;%t� - "� - Servicer, Borcower wi11 be gicen written notice of the change in aceordance with paraga ph 14 above and applicable law. , ':-�r.�'�°._
<br /> The notice will state the name and address of the new Loan Servicer and the address to w i uch payments should be made. • !r��.::�;�;'
<br /> � � ` The notice will also contain any other information required by applicable lanr. ` '��`��`�-
<br /> :,_•�. _ : �`�.
<br /> � � � �-�;� 20. Hazardous Substances.Borrower shall not cause or permit the presertce,use,disposal,storage,or release of
<br /> � any Hazardous Substances on or in the Property.Borrower sha11 not do,nor allow anyone else to do,anythingaffecting -. , �;'�;°'
<br />=�s; �_ '' ' the Property that is in violation of any Em�ronmental La�v.The preceding two sentences shall not apply to the presence. _ •�• ._��...;.,_
<br /> � � ` :`, 1..'�•, use, or storage on the Property of small quantities of Hazardous Substances �?�.�t are generally recognized to be . .y�.!.
<br />�(�f appropriate to normal residential uses and to maintenance of the Property. �" � 'a���s
<br /> „�.• _�-f,
<br /> . Borrocvar shalt promptly give Lender whtten notice of any invest�gation,elaim,demand,lawsuit or other action by _ •�.-,.��
<br /> any governmental or regulatory agency or private party involving the Property and any Hazardotu Substance or
<br /> ;`� ' Em-ironmental Law of which Borrocvet has actual knowledge. If Borrower learns,or is noti�ed by any governmental or - �� �`-
<br /> _ . ,.'. �',.:,,..`:
<br /> regulatory authority, that any temoval os other remediauon of aay Hazardous Substance affecting the Property is ' , ,
<br /> " ' " ' necessary,Borrower shall promptl�y take all necessary remedial actions in accordan�with Environmental LaR. :"`'�,'
<br /> • ` �ls used in this paragraph 20 Hazardous Substances"are those substances defined as toxic or hazardous substances � --.%��
<br />. -`{ by Environmental Law and the following substance�gasoline,kerosene.other flammable os tosic petroleum products, • • • , �.����
<br /> ' - tosic pesticid�es and herbicides, volatile solvents, materials containing asbescos or formaldehyde, and radioactive •=._.;�_:=-
<br /> - - - � - materials.As used in this paragraph 20."Environmental Larv" means federal laNS and larvs of the pinsdiction�vhere the .. ; ; .
<br /> • Property is located that relate w health,safety or environmental protection. �" •
<br /> � N O N-U N I F O R M C O V E N A N f S.Borrow e r an d L e n d e r f u r t h e r c ov e nant and a g ree as follows: . "`'��"� `
<br /> -• ,nys�,..
<br /> •�;;.. � � �. 21. Accelesation; Remedies. Lendes shall give notice to Borro�ser prior to acceleration �AIIAWIA$ • ��°�
<br /> ' • � Horrower s breach of any covenant or agreement in this Sec�arity Instrument(but not priar to acceteration � ��T_
<br /> �:,� �� under paragsaph 17 unless applicable law provides otberwise).The notice shall specify:(a)the defaull;(b)tha
<br /> � .. action requ�red ta cure the default; (c)a date, not less than 30 days from the date the notice�s given to .�'.��T
<br /> � .. . Bonowet.by �vhich the default must be cured;amd(d)that failure to cure the default an or befose the date ,
<br /> :.,, .� : , specified in the notice may result in acceleration of t�a sums secured by this Security Instrument and sate of ..-
<br /> � � � the Property. The notice shall turther inform Borrower of the right to reinstate after acceleration and the �. ��
<br /> right to bring a court actioa to assert the non-existence ot a default or any othet defense of Borrower to .
<br /> •- acceleration and sale. It the default is not cured on or before the date specified in the notice, Lender, at its . •
<br /> ' � � : option. may requise immediate payment in full of all sums secured by this Security lnstrument without " : ; ,
<br />" ;; r further demand and may invoke the power of sale and aay other remedies perrs�itted by applicable la�v. , ,
<br /> .i Lender shall be entitled to collect all expenses incurred in pursuing the recmedies provided in this paragraph .
<br />_ � 21.including.but not limited to.reasonable attorneys'fees and costs ot titte evidence. .
<br /> � , � � If the power of sale is invoked,Trustee shall record a notice of default in each county in which any part of ,• .
<br /> i the Property is lacated and shall mail coQies of such notice in the manner prescribed by applicable law to �
<br /> � ,._} Bormiver and to the other persons prescr�bed by app lica b le law. A fter t he time tequired by applicable law.
<br /> ' Trustee shali give public notue of sale to the persnns and in the manner prescribed by apQlicable la�v.Trustee. • ��
<br /> � � �vith��ut demand on Borrower. shall sell tbe Property at pablic auction to the highest b�dder at the time and
<br /> . • � place and under the terms designated in the notice of sale m one or mare parcels and in any order Trustee
<br /> � - determines. 'I'rostee may postpone sale of all or any parcet of the Property by public announcement at the . :
<br /> .. • time and place of any previously scheduled sale. l,ender or its designee map purchase the Propetty at any .
<br /> , sale. •
<br /> . ' Form 3018 9/90 �
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