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<br /> , '`�` •" 17.Traasfer of the Property or�j'eneftdal Wter�st in Borrower.If all or an�t of the Property or any interest in it �,'`;;�. .:
<br /> ' is sold or vansferred(or if a beneficiaf interes�in Borrower is sald or transfer�ed and Btirrower is not a natural person)without
<br /> , , L.ender s prior written conseat. Lendei' may. at its option, require immediate payment in full of all sums secared by this . . °-
<br /> � . Securiry Instrument.Elowever,this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date ;. �` _•
<br /> of this Security Insvument. . . .
<br /> If Lender exercises this option. Lender shall give Borrower notice of accelerarion.The notice shafl provide a period of aot
<br /> , ' ` ' less than 30 days from the date the notice is delivered or maited within which Borrower must pay all sums secured by this :
<br /> ` • � Security Instnunent.If Borrower fails to pay these snms prior to the expiration of this period.Lender may invoke any remedies , _
<br /> - , �- �� pemutted by this Security Iastrument without furttfer notiae or demand on Borrower. .
<br /> ` 18. Borrower's Rigi�t to ReinsEate. If Borrower meets ceRain rnnditions. Borrower shall have the rig6t to have
<br />:•;T ° enforcement of this Security Instn�ment discontinued at any time priar to the eariicr of: !a)5 days (or such other period as .
<br />- • ' � applicable law may spacify for reinstatement) before sale of the Properry pursuant to any power of sale contained in this
<br /> �',•'� =}'"-'`' Security Instrument:or lb)entry of a judgment enforcing this Security Instrument.Those rnndiuons are that Borrower.la)pays �" _ _
<br /> �i - }..ender ali sums which then woutd be due uader this Securiry Instrument and the I�tote as if no acceleration had occnrred: (b) -_ `
<br /> F � +�_�� eures arry default of any ather covenants or agreemems:lc)PaYs a�� expenses incurred in enforcing this 5ecurity Insuument.
<br /> , � including. but aot limited to,reasonabte anomeys' fees:and(d)takes such action as Lender may reasonably reqwre to assure ,
<br /> ` ''� .� . - that the lien of this Security instrument, l.ender's rights in the Properiy and Borrower s obiigation to pay the sums secured by
<br /> - ._ _ , this Secatrity Insuument s1�a11 continue unchanged• Upon reinstatement by Borrower, this Security Inswment and the :- 5, �:` '.
<br /> :' � � �' obligations seeured hereby shall nemain fu11Y effective as if no acceleration had occurrad.However, this right to reinstate shall
<br /> S' � , - � not a p pi y in the case of acceleration under paragraph 17. .�.. �:�;�,.�.,.r.;.�-
<br />--- 19. Sale of Not� Change of t.oan Servicer. The Note or a parti a l in t eres t in t h e N o t e (t o g e t h e r with thic Securi ty ,y`��`_
<br /> ' Instrument)may be sold one or more times without prior notice to Borrower.A sate may result in a c[�ar►ge in the entity(known
<br /> � � as the"Loan Servicer")that wllects monthly payments due under the Note and this Security[nscrument.There also may be one
<br /> or more changes of the Loan Servicer unrelated to a sale of the Note.If there is a change of the Loan Servicer.Borrower wiil be � : ,
<br /> : gaven written norice of the change in accordance with ParaSraph 14 above and applirable law.The notice wil!state the name and �,-
<br /> - %' address of the new Loan Servicer and the address to which paymenu should be made. The notice vrill also contain any other r_,
<br /> ` . � ' � infom�ation required bY apPlirable law. .. �
<br /> _ ' ` Zp, Ha�ardous Substances.Borrower shal! not cause or permit the presence, use, disposal. scorage, or release of any :��,,.
<br /> ;"� Hazazdous Substances on or in the Property. BorroN+er shalt not do. nor altow anyone else to do. anything affecting the .:,--�
<br /> '` Property that is in violation of any Environmental Law. The pr�ding two sentences shall not apply to the presence,use, ar '.;: .,;�-
<br /> � �� � � �� -��- � storage on the Property of small quantities of Hazardaus Substances that are generalfy recognized to be appropriate to normal _ R —
<br /> ° residential uses and to maintenance of the Property. ' ����`%"''
<br /> y, � "���' ve Lender written notice of any investigation, claim. demand,lawsuit or other action by any �•�:�.�.
<br /> Borrower shall promptly g�
<br /> . govemmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law ,�< <
<br /> of which Borrower has actual knowledge. If Borrower learns,or is notified by any goverumental or regulatory authority.that r :.Y ,`
<br /> _� ' '" ' �° � any removal or other remediation of any Hazardous Substance affecting the Pcoperry is necessacy,Borrower shall prompdy take �:+;�
<br /> ' all necessary remedial actions in accordance with Environmental Law. . .t;i.;�..,_'
<br /> '' f. � As used in this paragraph 20. "Hazardous Substances" are those substances defined as toxic or ha�ardous substanoes by �'',,:.;:
<br /> ��=
<br /> "� Envirorunenta! Law and the foltowing substances: gasoline, kerosene, other flacnmable or toxic petroleum praduets. toxie ` �•;�.�;:�.-.x_,:
<br /> �l��"•" � pesucides and herbicides.volatile solvents,materials containing asbestos or formaldehyde,and radioactive materials.As used in ___
<br /> r,(. . . .
<br /> • • • this paragraph 20, "Environmental Law" means federal laws and laws of the jurisdidion where the Propercy is located that �
<br /> ; relate ta health,safety or environmental protection. ' ' `, ,�-�_
<br /> �,s � � NON-UNIFORM COVENANTS.Borrower and Lender fuRher covenant and agree as foltows: _
<br /> '�_ � � . �. • 21.Acceteration;Remedics. [.ender sha11 give nottce to Bonower prior to acceleration Pollowjng Borrower's breacb :: ��•;�_
<br /> - of any covenant or agreement in this Sec�n�ity instrument (but no! prior to acxeleratton ander pat'agraph 17 unless ��;-.-
<br /> : appltca6le taw prov[des othernise).The nottce shali specify: (a)the detault; (b)the actlon required to cure the default; ' '
<br /> '� � � (c)a d ate,not less than 30 days trom the date the aot�ce is�iven!o Borrowee,by wdich the default mast 6e cured;and
<br /> (d)that failure to cure the default on or before the date specitied in 4he no nce may resu l t in a c c e l e r a n o n o f t h e s a m�
<br /> ; �,, � • secured by this Security [a�tnimeni and sale of the Pcoperty. T6e noiice shs�ll further inform Bon'o�ver of the right to :'� ,
<br /> ' • reinstate after acceleratton and the right to bring a wust adion to acsert the non-exLstence of a defaWt or aay other •�� :�-
<br /> ' ' •���'' defease of Borrower to acceleration and sate. If the default is not cured an ar betore the date specitied in the notIce, `�'
<br /> •''`. '' I,ender, at its option,may require immediate payment in fuU of al!sums secured by this Securtty Iastrument without .. _-
<br /> � ' further demand and may lnvoke the power of sale and any other remedies permitted by applicable law.Lender shall be __
<br /> ' - entitled to wllect all eTCpenses incurred tn pursutnR the remedles prnvided In thL�paragraph 21,inctading,6ut not Iimited : __
<br /> - � • • • w,reasonabte attorneys'fecs aad costs of title evidence. of the � r-—
<br /> If the po�ver of sale is invoked. Trustee shaA record a notice of default in each wunty in whlch any �ast .:.,-`� .; _
<br /> . ; Praperty is lacated and shall mail coptes of such notice in the manner prescribe�!by applicable law to Borrower and to :•�..,:_-
<br /> ';_,�.: � ��, . the other peisons prescribed by applicable law.After the time requlred by appiicabte law.Trustee shall give pa6ltc nottce _
<br /> - � � of sale to the pe�ons and in the manner prescribed by applicabte Ia�v.Tcustee,wlthoat demand an Borrower,shall sell
<br /> ' the PropeMy at public aactlon to the high�t bldder at the Nme and place and under the terms des�nated in the nottce of .
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<br /> � �o i rt nb�r ubllc a nounce ent at the t me and place oY any�prev ously scyhepdu:�sale.`Lender or its d�tgnee may ' � �
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<br /> purchase the Property at any sale. •
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