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<br /> . ' - . � •" . � .
<br /> . � 17. Trsnsfer of the Properiy or a Ben�cial Int�In Bosrower.If ail or any part of the Property or any interest in it ' r. ,.. �;'��,
<br /> ' is sold or traz�sfernd(or if a benefccial intenst in Bosrower is sotd or transfernd and BoiT°�er is not a natural person)without ,
<br /> , � Lender's prior wriuen eonsent. Lender may. at its option, require immediate paymeat in fuil of all sums secured by this ' �.'"
<br /> , • Security la�tment.Nowever,this option shall not be exercised by I.ender if exercise is prohr'bited by federal law as of the date � :�- �:
<br /> • _ ' of this Security inscrumeat. � .
<br /> � � � If Lender eaercises this aptian.lende�shall F,ive B°rrower notice of acceletation.'11ie notice shall provide a petiod of not s .,
<br /> ' • ' Iess thsn 30 days from the date the notice is delivered or maiied withia w'hic6 Borrower must pay all sutns secw+ed by t�is f
<br />_ ' � Security instrumeac.If Botrower fails to pay tltese sums griot to tlte expirarion of this period.Lender may invoke any remedies � , . ,
<br /> . ...'j � i _''..��
<br /> . , � � permitted by this Security Instrument Without fusther nodce or demand on Borrower. �
<br /> ' 1�. Borrower's Rig6t to Rein�tate. If Borrower meets artain condirions. Borrower shall 1�ave the right to have Y ,
<br /> _;� _. �="- { eaforcement of this SecwitY Instrument discontinued at any time prior to the earlier of: (a)5 days(or such othet period as _ . -_,
<br /> ' . apPlicable !aw tnay specify for reinstatemeat) befare sale of the Property Pnrsuaat to any p�+�ef�e containe� in this � . . .
<br /> f . Secutity Instrameat:or(b)entry of a judgment enforcing this Security Instr�ment.'rt hose canditiens are that Borrower:(a)pays � -' .
<br /> Lender all sums ahich then would be due under this Security Inswment and the Note as if no accekratiosn h�occ��� ;; s�,:
<br /> r.�. • cures any default of any othtr covenaats or agreements; (c)PaYs a11 �xpenses incurred in enforc'ing tY � — .... ,
<br /> - • ' - incltcding.but not limited to.reasonable attoraeys' fces;and(d)takes sucb ac�on as Lender may reasonably require to assure ' .
<br /> • .� that the lien of this Security Instrument, L.endet's rights in the PropertY and Borrower's oblig,ation w pay the sums secured by ,.��. .�
<br /> r,` • • ! this Security Inswraent shall continue unchanged. Upon reinstatement by Borrower, this Security Instrumeat aad the i.�s":�,.�;5< ,
<br /> ,?'t � -- -�-'�l obligations secured hereby shaU remain fully effective as if no acceleratian 6ad occurred. However, tl�is right to reinstate shail � :.: , <� ':.,
<br />_?: . " . not apply in the c�se of acceteretion under patagraph 17. � ' `"_ -'`:
<br /> =`-: 19. Sale of Note; Change of Loan Servicer. The Note ot a partial interesc in the Note (wgether with this Security f<: ;
<br /> ,�'�.�..
<br /> %ri � Instruuieat)tnay be sold one or more times without prior aotece to Borrower.A sale may c+esult ia a change in the entity(knawn � . . :°_f
<br />``; ��e "�,oan Servicer")t6at wllects montlily payments due under the Note and this Security Insit�ment.There also may be one , .:_.�
<br /> ;,.
<br /> +� as of the Loan Servicer un�lated w a sale of the Note.tf there is a chaage of the Loan Servicerstate the name and ��'.:.` r.'��'�
<br /> f,, . _, , or more chaag b�q�ove and applicable law."I7te notice will =
<br /> • given written aetice of the c6ange ia accordance a+ith ParagraP ;�::
<br /> "� . - address of the new Loan Secvieet and the address co wlueh payments shoutd be made.'flie notiee will also contain any ot�►e* ,. �a.•,__
<br /> ;: • infor[nafion requited by apPlicable law. e or release of aay -.-:::--�.:.�
<br />-;,� - x 1A. Hazardous Substances. Borrower shall not cause or permit the presence,use, disposal, storag , .�', _
<br /> • � •: Borsower shall not do, nor allow anyone eise to do, anythin8 affecting �e . , �-
<br /> .;� Harardous Substances on or in the Pcoperty• ' {''
<br /> ��� • Propet�ty that is in violation of any En�+iranmental lAN'."Ihe ptecedi�g�'o sentences shall not apply to the presence,use+or : �:,,_1�..
<br /> ..,''. ; storage oa the Properiy oF smal!quanrities of Hamrdous Substances that ate generally recagnized w be appropriate to normal +:; •.
<br /> � '-:
<br /> ' � resideatial uses and to maintenance of the Property. . ��
<br />�-` � � Bonower shall pramptly g'�ve Lender writtea aotice of u►y inv�stigaUon,claim.demand+ lawsu�t or othet action by aay � -r.�...��.
<br /> , :,, and an Ha7ardous Substance or Environmental Law �,:.,�,.
<br /> ; � goveramental or regulatary agency or private pasty involving We Property y ovemmentat or re lato authority,that ' '
<br />.�a�;; , . ' of whic6 Bor►aaer has actual knowledge. If Borrower leams,or is notifred by any g Su �5' k.`�_
<br /> ��:, � any removal ar other remediarion of any Hazardous Substaace affecting the Pruperty is necesSazY�B��°�'�shall promptly take ,�;� �-
<br /> , � . x�_
<br />_,". _` all necessary remedial actians in accordance with Enviraamental isw. . • ..__.
<br /> �ri,�.. ..- sr;.....
<br /> - As used in this paragraph 20. "Harardous Substances° are t6ose substaaces defiaed as toxic or hazardous substance9 by .. _.�;;
<br /> toxic .;�
<br /> � Environmental Law and the followiag substances: Sasoline. kerosene, other flammable or toxic pecroleum products, " __ ,_' '
<br /> c� � � pesticides aad herbicides,volatile solvents,materials containing asbestos or formaldebyde,aad radioactive materials.As used in ' ,, ':f'',-
<br />� - - this paragrePh 2(►. °En�1'�nmental 1.aw" means federal laws and laws of the jurisdictioa where the Property is located that �, ' _'
<br /> _=- - - - relate to health.safety ot enviroomental protection. �;'�. . •.
<br /> NON-UIVIFORM C O V E N A N T S. Borro w e r a n d L e n d e t f u r t h s t c o v e n a n t a n d a g r e e a s foltows: �;'_s:;
<br /> �. 21. Acceleration; Remedies. i,ender shall give notice to Borrower prior to acceleration foflowing h 1�9 unless � :''
<br /> � � beeach of any covenant or agreement in this Security ln-stn�ment(but not prior to aoceteration�mder paragrap `;t
<br /> m _
<br /> :`-� . �
<br /> � • . apPlicable law provid�s otheswise). The notice shall spec�fy:(a)the default; (bbthw���e��m�be cured;and ' �.
<br /> ' .' (c)a date,not less than 30 days from the date the rtotice is given to Borrow'er, • •'�;.�.
<br /> _ �� � • � , (�that Pailure to cure the dePault on or befose the date SP�The noticee shap furthes nform Bosro er of the righ� � . ��;-
<br /> secured by this Security Instrument and sate of the RrnpertY• .
<br /> °� : ��� reinstate after acceleration and the right to bring a court act}on to assert the non�xistence of a default or any other .
<br /> � defense of Borrower to acceleration and sale. If the default is not cured on or before¢6ie date spediied in the�.azce, .
<br /> Lender,at its option,inay requlre immediate payment in full of all swns secured by this Secuei4y lnstnuneat�tItou!
<br /> furlher demand and may invoke ihe power of sale and any other ranedtes perndtted bY h 21,�including,butdnot li�nited
<br /> • ' � entitled to collect a0 expenses incurred in pursuing the remedies Provided in thi5 parageap � .
<br /> to,reasonable attorneys'fees and costs of title evidence. art oY the �
<br /> � Ii'Lender invokes the power of sale,TrusteE shall record a rtottce of defaWt in each county in which anY P �
<br />. � ' PrapeMy is located and shall mail copies of such notice in the manner presceibed by applicable taw to Boreower and to �
<br /> the other persons prescribed by applicable law. Ai'ter the time required by applicable law, Trustee shall give publlc
<br /> notice of sale ta the persons and in the manner presc*lbed by applicable law. Trustee,�+rithout d�and on Borrower,
<br /> shall se�l the Property at public aaction to the highest bidder at the time and place and under the tem�s desig,nated in the
<br /> Form 3028 9i90 •
<br /> .. � PaOe 6 of 8 Initisis: '
<br /> � aMACM-CMS.0263.NE 196ou , , .
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