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<br /> A `- ��`L � 17.Transfer of the Property or a�eaeftdal Interest in BorroRer.If all or any part of the Praperty or any interest in it _ .. .; _
<br /> is sotd or transferred tor if a beneftctai interest in Barrower is sold or transferre�and Borrower is not a natural persanl without ,:..�"�, . ;, '..',F.
<br /> ' .' I?ender's prior w�ritten consent. L.ender may. at its option. require imn►ed�ate payment in full of all wms secured by this •�,. •
<br /> ` `'`•-� Security tnstnuttent.However,this option shail not be exercised by Lender if exe�ise is prohibited by federal law a+of the date _
<br /> .` � � � of tlsis Security Insmiment. .
<br /> . =�( `� If L.ender exercises this opuon,lxnder shall give Sorrower notice of acceleration.The notice shall provide a period of nat - , ��-:;• �
<br /> tess than 30 days from the date the notice is delivered or mailed within which Sarrawer must PaY al� Sums sec°rad by � �=,-','-',�+�', -
<br /> , • 5ec�arity lnstrument.If Borrower fails to pay these sums prior to the eapiratian of this period,l.ender may invoke any remedies
<br /> � permitted by this Security Instrument withont funher nouce or demand on Borrower. ..
<br /> ` 18. BorroRer's Right tu Refa�ate. If Bormwer meets certain•conditions. Borrawer shall have the right to have °
<br /> ' � � � enforcement af this Security lnstrument discantineed at any time prior to the earlier of: (a) 5�eysof sale oon�taine in this ".'`" �, ,
<br /> f applicable law may specify for reinstatement) before sale of the Propercy pursuant to any po
<br /> ' �`1�`� � Security Insttument:or(b)entry of a judgment enforeing this Securiry Instrument.Those cor.ditiorLS are that Borrower.(a>pays ,
<br /> � �"'�' Lender all sums which then would be due under this Security Insaument and the Nate as i[no acceleraiion had oecutred:(b)
<br /> --�"°.��%��� cures any default of any other mverrants or agre�KUCnts- (cf pays all easpenses incumed in enforcing this Securiry Iasuument. . •_ • _
<br /> � � including,but not limited to, reasonable attomeys' fces: and(d!takes such action as Lender may masonabty reqwre to assure
<br /> • • '•• " that the lien of this Security instrument. Lender s cighu in the Property and Borrower's obligation to pay the swns secured by
<br /> • • this Secarity Insuument shall rnntinue unchange�. 4'pon reinstatement by Bocrower. tliis Security Instrument and the 4.`:: , . _
<br /> ; `�. . . , obligations secared hereby sha11 remain fully effective as if no acceleracion had occurred. However,this right to reinstate shall .� - ,r : �
<br /> ' not apply in the case of acceleration under paragraph 17- _ __ _ �`4..
<br /> ` ' 19. Sale of Not� Change of Loan Servicer. The N[ote or a partial interest in the Note (togecher with this Security
<br /> " ` Insuument)rmy 6e sold one or more times without prior nouce to Borrower. A sale may result in a change in the enrity tluwwn _ : `_.i_
<br /> ' as the"I.oan Sen+icer")that collects montiily pnyments due under the Note and this Security Instrument.There also may be one ,���h �,; T
<br /> � ' .' ,z. or more changes af the Loan Servicer unretated co a sale of the Note.If there is a change of the Loan Servicer, Borrower will be �� .... _
<br /> -, given written notice of the c h a n ge in accordance with paraBiaPh 14 above and applicable law.The notice will state the name and :� . .:�'�---
<br /> address of the new Loan Servicer and the address to which pay�nents should be made. The natice will also contain any other � ,�y`,..��-
<br /> ` • �:��� infarmauon required by apglicable law. °
<br /> 2(1, Ha�ardous Sabstances. Borrower shall not cause or permit the presence, use. disposal, storage, or re��nf�e _
<br /> . '. �
<br /> - � ,. .;� Hazardous Substances on or in the Properiy. Borrower shall not do. �wo ent neesyshall not apply�t th�e pnresence,use,or s°°
<br /> : ±`. property that is in violation of any Environmental Law. The precedin$ _ __---
<br /> :. . . �: ,,�.'_ starage on the Properey of small quantities of Hazardous Substances that are generally recognized to be appropriate to norn�al ,1. .:. ,--
<br /> ;..>��
<br /> -- residential uses and to maintenance of the Property. ' '.?_;_�—"
<br /> , :' -r Borrower shall rom t! ive Lender wntten notice of an investi ation,claim,demand, lawsuit or other action by anY :�',{
<br /> *��
<br /> " .. "��'�'' govemmental or reg atory agency or private party involving the Property and any Ha7ardous Substance or Envimnmental 1.aw ` _-
<br /> overnmenta1 or re lato authori that ,'"'` '�=`°-
<br /> " '� of which Burrower has actual knawledge.if Borrower leams. or is natified by any g � �7' �3'' •.;.'""' ,:�`�
<br /> � • '•'.�•-` any removal or other remediation of any Hazardous Substance affecting the Property is necessary.Borsower shall promptly take .,,;�3;��_
<br /> � all necessary remedial actions in accordance with Environmental Law. �'''��"--
<br /> �'�
<br /> ' As ased in this paragraPh 20. "Ha7ardous Substances" ure those substances defined as toxic ar hazardous substances by } � .��
<br /> � • Environmental Law and the following substances: gasa�ine, kerosene, other flammable or toxic petroleum products, toxic ,_,,�
<br /> �._ � . � ..; pesticides and hetbicides.votatile solvents,materials containing asbestos or fam�aldehyde,and radioactive materials.As used in . _.,_a.
<br /> this paragraph 20, "Environmental Law" means federal laws and laws af the jurisdiction where the P�operty is located thttt 7�_.
<br /> � relate to health.safety or environmental protection. . -?�
<br /> NON-UNIFORM COVENA N T S.Borrower an d L en d e r f u rt h e r c o v e n a n t a n d a s t'o l l o w s: _
<br /> ' 21.Acceteration;Remedies.Lender shall give notice to Boscower prior to a�cceleration Pollanvssg Barrower's breacb `` � `— _
<br /> �.r-= - of any rnvenant or t�greement in this Security Instrament (but not prtor to acceleration nnder Para�raph 1T ualess � . � ��:
<br /> ` appltcabie taw provtdes othenvtse).The notfce shail specify: (a)t6e dePault;(b)the attion reqaired to sw'e the defaalt; _
<br /> (c)a date,not tess than 30 days frnm the date the nottce is given to Borrower,by wh[ch the dePault mast be cnred;and _==
<br /> L� ' (�that faDure to carP the defanit on or before the date sgecifed in the nottce may result In accelecatton of the sums f��
<br /> �! ' secared by tdLs Secar�ty InSt�ument and sate of the Froperty. The nottce shall further inform Borrower of the rtght to :�,y,i,�.
<br /> � � -� reiastate aftee accetesation and the right to bring a caurt 3ction to assert the non-existence of a defauIt or any other x
<br /> , � � defense of Borrower to acceleratton and sa�e. If the dePault is not cured on or before the date sped�ied in the notice, ` �.-,
<br /> ` � ' ..� Lender,at its option, may require immediate payment in fu8 of all sums secured by this SecnrIty Instrament without ,� ��-.•
<br />" farthes demand ans3 c�ay invoice the power of sate and any other mmedtes permi�ted by�pZ li�cludIn��nder s�all be . _
<br /> but not I1mlted
<br /> • � entit�crl to co llect a�1 ex�enses incu r r e d i n p u j s a�i n g t h e re m e d i e s p s o v d d e d i n t h i s �a g r a P g� `r•: _,�
<br /> • to.reasonable attoresfs'fees an d co s t s o f t i t le e v i d e n c e. �""";
<br /> - . �• ..;„'�:1.: If the power of sate i�involced,Trastee shall record a uotice of defaul!in eaeh county in �vhich any part of the . .
<br /> _ . Property is located and shail�aa"6 wAies af sach notice[n the manner prescrl6ed by applicabte taw to Borrower and to - �:i
<br /> ' � - the other persons presc�ibed by ag�icable faw.After the time required by appllcable law,Trustee shaQ give public rtotice : . ,-�_..
<br /> � of sale to the persons and ln the manner prescetbed by appticabte law.Trustee,w�t��:�t dQmand on Borrower,sttall sell : �• ,-,. , :
<br /> . � . the Pcoperty at pu6ite auction to the hfghest bidder at the Nme and place and under the terms designated in the notice of . ;.�_��_
<br /> . . ,• sate in one or��`c�oun ment at the dme a�nd pface o�any pmv ous{y sehepdul�sale.i Lender or its deslgnee fmaY
<br /> ProPert3'bY Pu .
<br /> � pnrchase the Property at any sate. � '
<br /> . • � . ,. , ": Form 3�28 9/80 �
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