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<br /> � ' • 17. 4ransfor of the Proper4y or a Bsne�icial In4erest in 8orrawer. lf ail or any part oT tne Properry or . �- , -
<br /> ' any mterest m rt is sold or transfened (or A a benefiaa! interest in Borrower is sotd or Vanste�ed and Bonower is nut a rtatural . , —
<br /> person) without Lender s pnor wntten consent. Lender may.at ds option,require immed�ate payment in full of all sums secured by , . = -
<br /> this Securrty Instrument Hotivever. this option shail not be exercised by Lender d exercise is prohibded by federal law as of the � ,i;•
<br /> I �_
<br /> cate of this Secunty InsWment. � ` � '_: -
<br /> If Lender exerCSes this ophan. Lender shall give Bortower nottce of acceteraiion. The noUCe shall pronde a penod oi not � _�
<br /> less than 30 days from the date the noUce �s delivered or ma�led wAhm which BoROwer must pay a!1 surns secured by this � � _. , .___._._. �_
<br /> Security InsWment. If Bonower ta�ls to pay these sums pnor to the e�piraUOn ai this period. Lender may �nvoke any remed�es � A `
<br /> permitted by this Securrty�nstrument without tuRher notice or demand on 8orrower.
<br /> 18. BOROWePS Right to ReinS''�'dte. It Borrower meets certain condNOns. Horrower shall have the nght to hare�,�. ,
<br /> enforcement of this Secunty Instrument discontinued at any time pnor to the eart:er of: (a) 5 days (or such other penod as Q � ; . • • -> �
<br /> appGcable law may specAy tor remstatement) before salE oi the Property pursuant to any puwer of sale contamed m th�s Seanly
<br /> Instrument. or (b) eniry of a judgmen[entorang th�.s Seaurty Insbument Those cond�Gons are that Borrower (a} pays Lender al{ � _ _._ __ _____ __ _ _ .
<br /> ' sums which then would be due under th�s Secunty Instrument and the Notct as if no accelerabon had occurted: (b) ares an ,
<br /> detauR of any othe►covenant or agreements. (c) pays all expenses marred m entorcing this Secunty �nstrument.mGuding. but� , . L
<br /> noi 6mited to. reasonabte attomeys'fees: and(�takes such action as Lender may reascnah'y require to assure that the lien of _
<br /> this SeCUrtty tnstN�ent Lendefs nghts m the Property and Borrowers ob(igatioa to p�� the sums secured by th�s Secu!rty .
<br /> Inswment shali conUnue uncfiartged. Upon r�instatement 6y Borrower. this Secunty InsWment ard the obligalions secured '-
<br /> !�ereby shall remain tutty eftective as A no acceleratian had ouxiRed. Hovrcttet.fhis right to reinstate shall not apply in the case .
<br /> ux •
<br /> a�acceleraUOn under paragra�h t7. . ��
<br /> • 19. �Ste of Note; Change Of L03n SeWicer. The Note or a a partial interest in the Note (together with this , �.�.�
<br /> Seaufry tnstrument)may be sold one or more times wi[hout prior notice to Bortower.A sale may resuft in a change in the entity ;".�=;,h:--.-�"�
<br /> (known as the'Loan Servicer)that callects monthty payments due under tha Note and this Security Instrument. There atso maY ' ' • ��'`:,u�.��,'"
<br /> be one or more changes of the Loan Servicer unrelated to a sate ot the Note. If there is a change of the Loan Servicer. ��,�-.
<br />, 8orrower w�U be�ven wrttten notice oi the change in accordance with para9raPh 14 above and applicable law• The noUae will i ��,�.�'-
<br /> state the name and address ot the new Loan Servfcer and the address to which payments should ba made. The notice v�ill also � �.t-. : . _.
<br /> contain anY other infortnation re�u"ved hy app�icab�e Iaw. ' �'��' �`'
<br /> 20. HazBidous S�lbstanCes. Barrower shatl nat cause or pe�mit the Presence• use. disposal, storage.or release of _ .,.. _�R. ����6
<br /> any Hazardous Substances on or in the P�ropeAy. Bortav�e► shall not do. nor allaw anyone eise to do, anything attecting the � - °-
<br /> PropeRy tAat is in viotation ot any Environmental Law• The preceding two sentences shall not appty to the presence, use, or -
<br /> storage on the �'operty of small quanti�es ot Hamrdous Substances thai are generafty recogn¢ed to be appropciate to nortnal
<br /> ' residential uses and to maintenance ot the Property. � ,.r-
<br /> Borrower shaD promptly give Lender written notice ot any imesligation. cfafm. demand, lawsuit or other action by any �_��T
<br /> '. govemmental or regulatory agency or private parry involving the Praperry and any Hazardous Substance or Environnr,mtal Lav� uf ,_�_T� �
<br />�.,.',�:;•: which Borrower has a e l u a l k now l e d9e• I f B o r r o w e r �e ar n s. o r i s n a ti fi e d b y a n y g o v e m mental or r e gulato ry authoriry,that any <
<br /> �.,;,,,, is necessary. Bortower shall promptly cake all ,
<br /> removal or other remediation of any Hazardous Substance aftecting PropertY -.•;,}' _
<br /> �, �ecessary remedial actions in accordance with Environmental Law. �
<br /> As used'm this paragraph 20. 'Hazardous Substances' are those substances defined as toxic or hazatdous substances by ,�: '_ �
<br /> �'�' ' Environmental Law and the tollowing substances: gasoline. kerosene, other flarrtmable or toxic petr'oleum produc4s. toxie �... ;, � �
<br />;;+;��. pestiddes and herbicides, volatite solvents. materfals containing asbestos or fortnatdehyde. and mdioactive materials. As used in !�"j;,° ^.i�
<br /> •���t�' para�apfi 20, 'Environmental Law' means t e de r a l laws a n d l a w s o t t h e j u d s d i c t i o n w h e re the Pro pe r ty is located that relafe to �� =i i
<br /> heatth.safety or environmental protection. {� '
<br /> . �
<br /> �` �c
<br /> NON-UNIFORM COVENANTS.8oaower and Lender further covenant and agree as follows: —
<br /> � 21. Acceferatton; Remedies. Lender shall give aotice to Borrower prior to acceleratlon ! .���
<br /> � fotlowic�g Borrowee's breach of any covenant or agrsemertt in this Secu�ity instrumertt (but not �:,��.,
<br /> . prior to acceteratfon urtder paragraph 17 unless applicah9e law provtdes otherwise). The e�otice " ,;�• •
<br /> � shatl apecify: (a) the defaul� (b) the action required to cure the defaut� (c) a date, not tess than :. ;•.,� ,:
<br /> 30 days 4rom the date the notice is given to Borrowe�, by whfch the default must De cured: and _ < �:�.�:_�°•
<br /> (d) tha4 �ailure trs �ure ths defaut3 on or beEore the date specified in the noUce may result ln r;�:�=---.__—_
<br /> acceterafiae� n4 ti��uins seaured by thls Secu�ity tnstaument and sala af the Property.The notice `5���
<br />"'�����: sha11 S�►iiter i��vnz �rcaas�r a�F s9ee rISM to re1nstate after aaceleration ane! the rigM to bring � ,r,;•�:..,,,._..:�'��`. `. ,. . . .
<br /> ���l!$��' court action to ��t tte� �tan�~existence of a default or any other detenss o� Borrower tm ��,`•��<'"�`:�'� .• .
<br /> :, t�' ,s�i<{►w �--T'— ,..
<br /> acceleration and �LQ. 1f the cicf�if. ia tis�3 cured on or before the date specNied in the nattce. «��.f�tf��'`:`"��-_"' .�
<br /> .'' Lender at (ts option may req�ire imntadi� payme�t in full of all sums secured by Y�s SeaurJty �� ���`:"�
<br /> �����
<br /> tnstrume�t without turther der�and and may invoke the power of sate and any other remedies __ _-
<br /> �:,,t;��,; permitted by applicabte t�.e. I�nder shall be entitted to colfect all expenses incurred in pursuing r.: ,
<br />'��`?'•;i�: the remedles provided ir+ ififs paragraph 21. including, but not limited to, reasonabte attorneys' .. •�tl`";,;�'•
<br /> rr�.-. :� ��a;a,;�. : ,_•,°.,
<br />�`���'"" fees and costs ot tltte evldence. �
<br /> t _,.:.. L... •�-�-
<br /> � � � H the powor of sale ls invoiced. Trustoe shatl record a not�ce ot de9auf4 In �f�ch county in � ��',,7•�-•:��
<br />'.;;,,',, . wt�ich �,ny part of 4he Property is located and shall mail copios o! such nuttco ie� the manner � ' ��� � �,
<br />:_:'��i�,F,•: pres�ribed by applicabte law to Borrawer and to the other persons prescribo� i�y applDcable law• �=.: �. " . �,;
<br /> After the time required by appticable law. T►ustee shall glve public notico af sale to the persons '"'�
<br /> ' .i::�;�}}.��-��.d�:� ..
<br /> asnd in 4he mannor preseribed by applEcable Iaw. Trustee.witho�at demand on Borrower, shatt seQ ' ,,�,r�.,�.�,�,.:.�
<br /> t�ee Property at public auction to the highoat bltider at tho time and placo aad under the terms ;��',,: �;�, � . _
<br /> _,,,,�,.:. �ak'�:.'-.
<br /> . �., destgnaCe�l En the nolice of sate in one or moro parcels and ln any order Trustee determines. ,_
<br /> Trus4e� cru�1 postpone sale o4 ttll or any parcel 04 4ha Property toy pu�tic announcemao4 at ffie � �
<br /> time �'�m1 ��aze of any previa��ly scheduled sato. Le�der or its destgnee may purchaso the . : ,��:�
<br /> Property at any sate. � . _�
<br /> � Upon receipt of payment of the price btd. Trustee sPoall tEelivur to the purchaser Truste�'s : �-�
<br /> deed conveyl�g the Froperty. The recitats in the Trustee's deaei 3hnt1 be p�ima faeie evldence of .
<br /> � tfie truth o� the statemenis made therein. T►ustee shatl app:y 4he proceeds of the 9ale in the .
<br /> � follawing order. (a) to atl cosls and expenses ot exercising th� power of sale. and the sale. .• .
<br /> ��' includit�g tho payment of the Trustee's tees actually incurred, no!to exceed threo ' . • ��
<br /> � % of 4he principa! am�ourtt ot Uhe .
<br /> note &t the Ume of the declaraRion of default. and reaso�able attorney's fees as p@smitted by law:
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