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<br /> � 16.Borrower's Copy. Borrower shall be given onc conformed copy of the l�iote and of this Security In�trument � '` ir . �- ;
<br /> , �. 17.TraasPer of We Propesty or a Ben�cial Interest is�Borrower. If all or any part of thc Proparty or any intcrest in it is ., f `< '
<br /> ' sold or t�ansferred(or if a benefrc�al intccest in Borrower is sold or uansferred and Borrow�r u not a natural person)without � •� '
<br /> " . ' ,� Leader's priar written coruen�Leuder may.at its opaon,requirc immedisie payment in full of all sums sectucd by ttus Secnriry �'` `Y'. _
<br /> Insnument However,this opflon sha11 not be excxcued by I.ender if exercise�s prolubrted by federal law as of the date of thiis
<br /> ' ,,-..:� SecuriLy InsVUtrtent ��"� ` r.
<br /> • If Lender eaerases this opti�n,Lender shali give Borrower aotice of acceleiation.The notice shaD provide u period of not less - � - - : „<.
<br /> _ [han 30 days trom the date ihe naace is de6vered or maited within wirich Bomower mnst pay all sums sec�ued by this Secarity - —�-="=�,_`- -=.--
<br /> - � � Insuument If Borrower tai15 to pay these sums prior to the expuation af this periad,Lender may invoke any mmed�es pertnitted . . _
<br /> by this Seauity Insuument withaut fUrtleer natice or demand on Borrowea. � {� .�.-`
<br /> 18.Borrower's Right to Reinstate. If Borrower meeu certain conditions, Bomower shall have the right to have . . ', �
<br /> enfoncement of this Secarny Insuument discontinued at any tune prior tn the ear&er of (a) 5 days(or such othes penod as S- � � °
<br /> •,-. .-. :�
<br /> � . .. applicable taw may specify far reinstanement)before sale of the Property pursvant to any power of sale contained in this Secunty . `. -.
<br /> - ' � Insmunent;or(b)entry of a judgment e�on�mg this Secuiity Inst:umeat Those conditions are that Borrower.(a)pays Lender all �. �-
<br /> - _ sums ahicd the.n wauld be d�ce under this Sec�uiry Instrument and the Note as if no acxeeleration had occurred; (6)aues anY � �, s�4 _-
<br /> ax ._
<br /> �. defanit of any other wvenants or agceemcnt�(c)Pays a ll expeases in c a u r e d in e n fo�ing t h i s Securi ty InsuwY►en t,iacludin g,but : .� ��;;..-
<br /> not limited ro,rea�onabte attomeys'fees;and(d)takes sacA actioa as Lender may reasonably requice to assure tLai the lien of this -
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<br /> Secarity Inswment, Leuder's rights in the Property and Bom�wer's ob ligation tn gay the suTns securea by this Securi ty ' _ • • �—�
<br /> . InsUrument s8al1 continue uuc8aaged. Upon reinstatement by Borrower, this Security Instrumentnand the obligations secuced ,.���'�; '''�'�--
<br /> , . hereby shall remain fully effective as if no acxeieratioa had occurred.However.this right to reinstate shall not apply in thz case nf •ti . .-� : -
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<br /> . ' aviceleration under paragraph 17. � °---
<br /> �. � i9.Sa�e oY Note;C6ange oY Loan Servicer. Thc Note or a partial interest in the Note {together with this Security ,� •: --�
<br /> Instr�ment)may be sold one or more wnes without prior notice to Bonower.A sale unay result in a c6ange in the enrity(lmown -� ��• '�•_==
<br />_ as the"I.oan Servicef')that collects monthly paymenFs due nnder the Nore and this Securiry In.�ament'I7iere alm may be one ar • . ;..'_�,'�;_�-
<br />-� - :� . more changes of the Loan Servicer unretated to a sate of the Note.If thece is a change of the Loan Servicer,Boirower will6e _ —
<br /> `` given wriucu noIICe of the change ia accordance with parugtaph 14 above and applicable law.The aotice will state the aame and
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<br /> • address of the new Loan Servicei and the address to whicfi payments should be made.The aotice will also contain any ot!!� � - ::`�,,�•.
<br /> • � � ' infomiation required bY aPPlicablelaw. �' ��;=�
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<br /> . , Z0.Hazardoas Snbstances. Borrower shail not causc or pennit the presence, use. disposal, stoiage, or.release of any . ."•'s':�����'";-.
<br /> �� Hazardons Substances on or in the Property.Borrower shaU not do,nor allow anyone else to do.aaytding affearr►g the Prop�+ ,, ' ` �°,�:ss�.
<br />:4`. ,. that is in viotation of any Environmental Law.The precediug two sentences shsi!!1 not apply to the presence,use,or storag�on the - ''--�*.�`�"`
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<br /> • - . Pmpe,rty of small quanaties of Ha�ardous Substances that are generally recognized to be appropnate tn nom�ai resideaual uses • , � '�._�°--
<br /> and to maintenance of the Property. . . . >:��'�;:,�>:
<br /> , Bonower shall prompdy g�ve Lender written notice of any investigadon, claim, demand, lawsuit or other action by any , ;":;i,�a�
<br /> � � govemmental or rcgulaiory agency or private party invalving tke Property and any Ha7ardoos Substanre or Fasvironma►1a11-aw '� , -� _
<br /> af which Bonower has actual knowledge.If Honower leams,or is notified by any govemmenta!or regutatory authority.that any .:,�,. . . �'
<br /> removal or other remediation of an Hazardous Substance affectin the Pro �s n�s Borrower shall rom d take aU -- ";^�� °
<br /> Y g PertY ar3', P F Y , .,.�,�,�
<br /> � n�sary remedial actions in accordance with Enviranmental Law. �, ' ''� �::i�:
<br /> '• ` As ased in this paragraph 20,"Har.ardous Substances" are those substances defined as to�ic or hazardous substances by • -;-+ar+rt
<br /> � ' � � Envuonmental Law and the foIlowing substances: gasoline, kerosene, other lTammabte or toxic petroleum products, touc • '"':;',_
<br /> +: . • =
<br /> �. pesacides and hcrbicides,volatile solveats,materiats contaimng ag6estos or formaldehyde,and radioachve materials.As used in _ . . �•
<br /> , th�s paragraph 20."Environmental Law"means federal laws and laws of the jurisdicdon where the Propesty is lacated that relate ., =�'��:=n�
<br />_ to health.safety or environmental prot.�caon. ' �..�`.'
<br /> . ' NON-UN�ORM COVENANTS.Borrower and Lcnder further covenant and agree as foUows . , � "� �
<br /> • � 21.Acceleratlaa;Remedies.Lender shall give nottce to Borrower prior to acceleration following Borrower's breacb oP � � �. �
<br /> � � any wvenant os agreement in tbLs Secusity Instrument (but not prior to acceieratIon under paragraph 17 antcss � ,�;_�`:
<br /> - a��lssable taw provides otherwl�e).The aotice shall speciPy:(a)the default;(b)the action required to cure We default;(c) ''"�•'�
<br /> - ' '� , a dat�not fess than 30 days from the date the notice is given to Sorrower,by whk6 t6e deYautt mast be cared;and(d) ='*,-_
<br /> • tAat fafi�re to cure the default an or before the date speci�ed in the nntice may resutt in acceleration of the sums secured .
<br /> �,�: �� bq this Security Instrument and sale of the Property.The notice shall Purthe�inform Borrmver aP the rtgbt to reiastate ' . � .
<br /> ,�•; �-� after acceleration and the r�ght to bring a court action to assert the non-existence of a dePault or any olher defense of �.�•
<br /> . � Borrawer to acceleration and saie.It the dePault is not cured on or before the date speci�ed in the nottce,Lender,at its . . .
<br /> . optIon,may require immediate payment ia i'up of aU sums secured by thls Secnrety InstrurQent witriout Purther demand
<br /> ' and may invoice the power af sale and any other remedies permitted by applicable law.Lender shall be entitEed to collect , �
<br /> .. . atl expeases im�ed in pursuiag the remedies provtded in t6is paragraph 21.including,but not Iimited to,reasoaabi� : •
<br /> � � attorneys'Pees�ad msts of title evidesce. � , •
<br /> ' If the power of sale i� invoked,Trustee shaU record a notice ot dePault in eacb county in whtch any part of the �_ � . �
<br /> Property is lacated and shall mail copies ot such notice in the manner prescrlbed by applicable law to Borrav��ea and to ihe •
<br /> � other persons prescribed by applicable law.Af'ter the time required by appUcable law,Tnistee shall give public notice of �
<br /> • sate tu the persons artd in the manner prescrlbed by applIcable law.Trustee,without demand on Borro�ver,shaU seU the .. '
<br /> , � Property a!pablic aactton to the hlghest bidder at the time and place and under the terms designated in the notice of sate .
<br /> � ,
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