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<br /> ' `•4': ` . . or a Beneticial lnterest tn Borrotirer.[f all or:eny Qart of ttie Property ur any interest in it .:r ;. ;, `�� _-
<br /> - ' 17.Transfes of the Praperty , .t :��`��•,.:...'F. ,-.'`. �
<br /> is sotd or transferted ior if a beneficial interest in Borrower is sold o�trsnsferred and Barmwer is not a natural person)without ,
<br /> � • I.ender's priur written rnnsem. Lencier may. at iu opuon. requ►re immcdiate payment in fu11 of all sums secured by this :1�.„� . .`,�:�_._.".:.` ::
<br /> ,� ,� •�_� S e c u r i ty I n s t r ument. [�lowever,this option shall not be exercisc�bY Lxnder if exercixe�c pruhibited by federal law as of the date . , .. Y y,
<br /> :;:;Y; ' .r_.s. ,Y
<br /> ,��� of this Security lnstrument. • �-
<br /> If l.euder exercises this option,Lender shall give Borruwer netice of acceleration.The nouce shall provi de a perio d of not �� ,:. -`
<br /> '•�-- .-�.'= less than 30 days from the date the notice is delivered or mailed within which Borrower must pay ali ,ums secured by this _
<br /> ' ' Security Insuument. if Barrower fails tu pay thes,.sums prior to the exgiradon of this periuJ.txnder may invoke sny rewedies - - _
<br /> ., p e m u t t e d b y this Securi t y Instrument without tuttt►er notice or demand on Borrower.
<br /> ' 18. Borrower's Right to Reinstate. I f B orrower mee t s c e rt a i n c o n d i ti o n s. B o r r o w e r s t�a l l h a v e t he ri g ht to have .,,�: ��
<br /> enforcement of this Security Instniment disconrinued at any time prior to the eartier of: (a)5 days lor such other period as ��. '� }4 Y_ ;
<br /> appliqble law may specify far reinstatement) befose sale of the Property pursuant to any power of sale contained in this , .,,. � i
<br /> Security Instrument:or(b?entry of a judgment enforcing this Security Insttument•Thase conditions are that Borrower:(a)pays ��` .
<br /> Lender all sums which then would be due under this Security instrument and the Note as if no acceleration had accurred: (b) - -
<br /> ` s all ex es incumed in enforcing this Security Instnunent. __
<br /> cures any default of any other coveaants or agreements:(c) pay P� y y re to assure `-"'=""r"°�-
<br /> ` • including,but not limited to,reasonable attomeys'fees;arid(d)takes such action as Lender ma reasonabl requ�
<br /> � - that the lien of this Security Instrument,Lender's rights in the Property and Eorrawer s obligatian to pay the sums secxured by _
<br /> ' this Security Instrument shall continue unci�anged. Upon reinstatement by Borrower. this Secariry Instrument and the ,,,;,�;�,
<br /> , � obligadons secured hereby shall remain fully effective as if no acceleration had oc�urred. However,this right to reinstate shaU
<br /> • • ' not apply in the case of acceleration under paragraph 17.
<br /> 19. Sale of Note; Change of Losn Sesv�cer. The Note or a partial interest in the IYote (together with tWs Security
<br /> � . � ' Instrument)may be sold one or more times without prior notice ti►Buaower. A sale may result is►a change in the entiry(known �
<br /> � � as the•I,oan Servicer"?�collects monthly paymenu due under the Note and this Secunty Instrument.There also�nay be one -•�, .�>,j �____ _
<br /> ' "' �' "'-" ar more changes of the Loan Semcer unrelated to a sale of the Note.!f there is a change uf the Loan Secvicer.Borrower will be ,��6
<br /> ___:•� ' - given written notice of the change in accordance witt►ParaSraPh 14 above and applicable law.The nouce will state the name and --
<br /> _ '._,.,� _
<br /> �'_''� address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other ., .�.. _�
<br /> information reqnired by applicable law. • ' �°� "��"
<br /> Zp, Hazantuus gulutances. Borrower shall not rause or permit the presence. use,disposal, starage, or release of any , , ` •`:',�'��.:
<br /> � �� fiazardous Substances on or in the Property. Borrower shall nat do, nor allow anyone efse to do, anyching affecting the ' , ,T
<br /> - ---- Property that is in violation of any Environmental l.aw. 7'he preceding two sentences sha11 not apply to the presence.use.or r; �.
<br /> t�••.' �, storage on the Pruperry of small quantiries of Hazardous Substances that are generally recagnized to be appmpriate to nortnal
<br /> residential uses and to maintenance of the Property. � '-
<br /> - � .- . Borrower shall prompdy give Lender written notice of any investigation.claim.demand, lawsui6 or other action by any �.�.:�?�;
<br /> �_ ._ .;',.� govemmentai or regulatory agency or private party involving the Property and anY Haiardous Substance or Environmentallaw ;='
<br /> � af which Borrower has actual la�owledge.If Barrower leams,or is noUfied by any govemmental or regulatory authority,that :,,�.�:.;`��
<br /> . : � any removal or other remediauon of any Ha7xtdous Substance affecting the Propertyr is necessary,Borrower shall promptly take ��:: .. .•,�
<br /> ; all neces s a r y remedial aetions in accordance with Environmenta!Law. •. i.• ,i: '„
<br /> -- �. - � As used in this paragraph Z0. "Hazardous Substances" are those substances de f in e d as toxic o r h a z a r dous substances b y , �_,. �
<br /> . . 4•� ~ ,r.,.- .
<br /> -;� Environmental Law and the following substances: gasoline. kerosene, oQ�er flammablc ur toxic peuoleum pmducts, toxic ��� `�,.., ..,.�;-�
<br /> � pesticides and herbicides.volatile solvenis.materials containing asbestos or formaldehyde.and radioactive materials.As used in , ,�
<br /> ��.� this para�raph 20. "Environmental Law"means federal laws and laws of the jurisdiction where the Property is iocated that � ���
<br /> � ._. , - � �_�� relate to heatth.safety or environmental protection. '_�_ �•�-.=
<br />- • .; NON-UNIFORM COVENANTS.Borrower and Lender funher covenant and agree as follows: ,,.,.�,-:�—s..-----�
<br /> ' 21.Acceieratton;Remedies.Lender shall give notice to Borrower prior to acceleratton folto�rin�Borrower's breach , ;._ __ _
<br /> . � •. ����` of any covenant or agreEmeat in thls Secarity Instrument (but not prlos to acceteration under paragraph 17 unless •-�---�-
<br /> �� appficabte la�v prnvides otherwise).The notice shall specify: (a)the detault;(b)the adion reguired to cure the defau(t: '. �
<br /> � . ; (c)a date,not less than 30 days from the date the notice is given to Borrower.by whicb the de[sult must 6e cured;uad _ _ �.�r
<br /> (d)that failure to cure the default on or before the date specii�ed in the notice may result in ncceleratton of the sums ,�j .�:
<br /> .f.�. secured by this Security Instrument and sale of the Prope�ty.The notice shatl iurther inform Borro�ver of the rig,ht to ,��;;_ ��Y
<br /> " � �� - � # reinstate af'ter aoceteraUon and the right to brtng a court action to asserl the non-existence of a default or any ot6er . �:�_:.
<br /> defense of Borrower to acceteration and sale. If the default Is not cured on or before the date spedfied in the nottce, :�'�;.�.;:�.
<br /> : ,' . . F Leuder, at tts optton, may require immediate payment in inll of all sums secured by this Securlty Instrument without . ;. �
<br /> • _ •• � further demaad and may invoke the power of sale and any other remedies permitte�by appllcable law.l,ender shall be
<br /> � ' "' "` entitled to coltect all expenses incurred in pussuin�the remedies provided in this paragrap h 2 1,in c iu ding,but aot limited -
<br /> .�. .,_ , � 5 to,reasonabte attorneys'fees and costs of titte evldence. • .
<br /> � If the power of sale is imolced, Trustee shail record a notice of default in each county in which any part of the .
<br /> � � � pro�erty is Iflcated and shall mail copies oY�ch notice in the manner prescrlbed by appllcable law to Borrower and to : :
<br /> � • the other persons prescrlbed by appNcable law.Aftec the time required by applicabte law.Trustee sha11 give public notice ,
<br /> � � of sale to the persons and in the manner prescrtbed by applicable taw.Tcustee.�rithout demand on Borrower,shall se0 ,._ �
<br /> '• the Pro pert y at public auction to the high�st bidde�at the time and place and under the terms designated ln the notice of , , _
<br /> � � Pro ert nb�r ublic an oun ement at ihe dme and place urf any pre io u ly seheduled sal e`Lender or it y desi�nee fmay . . : . .
<br /> � . purchase the Property at nny sate. • _ � . •
<br /> , Form 3028 9i90 . �
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