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<br /> " 17.Traas[er ot the Property or a Ben�dal Wterest in Borro�rer.If all or any part of the Property or any interest in it ` .. . .
<br /> � � is sold or transferred(or if a beneftcial interest in Borrower is sold or transferteti and Borrower is not a natural persou)without
<br /> ` `;`,�`. Leeder's prior written ca�uent. Lender may. at its optinn, requi r e i m m e d i a t e p a y m e n t i n f ull of all sums secured b y this '`;c�`_ .' :
<br /> ' � Security Instrument.However,this option shall not be exercised by Lender if�xercise is prohibited by federal law as of the date
<br /> ,. °.,,.,�`;;--,`. of[his Security Instrument. _ ....._`___..:.-- -°
<br /> - - - If Lender exercises this option.Lender shail give Borrower notice of acceleration. The notice shall provide a period of not : .�___.,;;..:, c
<br /> - .` ' - - less than 30 days from the date the notice is delivered or t[tailed within which Borrower aiu+t pay all sunss secured by tt�is -4�---,—�:�--�-
<br /> � Security Instrument.If Borrower fails to pay these sums prior to 4he expirarion of this periad. Let►der may invoke any remedies
<br /> - pemutted by this Security Instrument without further notice or demand on Borrower. ,
<br /> IS. Borro�ver's Righi to Reinstate. If Borrower meeu certain condirions. Borrower shall have the right to have
<br /> ' enfo�ement of this Security Instrument discantinued at any time prior to the earlier of: (a)5 days(or such other periad as _ ;:•,_�� �. � .
<br /> � _ _ applicable law may specify for reinstatement) before sale of the Property pursuant to any power of sale wntained in this .. �
<br /> '�. . Securiry Instrument;or(b)entry of a judgment enforcing this Security Instrnment.Those condiuons are ihat Borrower.fa)pays . :, �.'
<br /> I.ender all sums whic6 then would be due under this Secnrity Instrument and the Note as if no acceleratian had accurred: lb) -��r`?..
<br /> � cures any default of any other covenants or agreemenu: (c)pays all exper►ses incurred in enforcing this Securiry Instrument, r , __
<br /> including,but not limited to,reasonable attorneys' fees:and(d)takes such action as l.ender may reasonably reqmre to assure .... . • __
<br /> ' that the lien of this Security Instrument,Lender's righu in the Property and Borrower's obligation to pay the swns secured by � °�y_,�_
<br /> � � this Security Instrument shall rnntinne unchang e d. Upon ninstatemen t by Bo r r o w er, this Secun ty Instrument and the
<br /> obligations secured hereby shall remain fuUy effective as if no acceleration had accurred.However, this right to reinstate shall . _
<br /> � • _ not apply in the case of acceleratiun under paragraph 17. , _�':��_
<br /> 19. 3a�e of Note; Change of Loan ServIcer. The Note or a partial interest in the Note (together with this Secnrity '_=
<br /> . Instrument)may be sold one or more times wi[hout prior notice to Honower.A sale may result in a change in the entity(lrnown � .s'•—--'
<br /> -• � as the"Loan Servicet")that�Itects monthly payments due under the Note and this Securiry Insuument.There alsa may be one ��
<br /> � or more changes of the Loan Servicer unrelated to a sate of the Note.If there is a change of the Loan Servicer,Borrowei will be _� ��:•
<br /> _ , e & given written notice of the change in accordance with paragraph 14 above and applicable law.The notice will state the name and � . „�'.�
<br /> ' " '�� address of the new Loan Servicer and the address to which paymenu should be made.The notice will also contain an other , .-
<br /> Y '���+-;f�,,,
<br /> � infocmation required bY apPlicable law. , '�� :•-��.
<br /> , : . .,• .,r:.';:;�:�.
<br /> '� fi 20. Ha�ardous Substances. Boaower shall nat cause or permit the p r e s e n c e. use, disposal. stora ge, or release of any ; ?�_�•,��:
<br /> ' -K ' Hazardous 5ubstances on or in the Property. Barrawer shall not do, nor allow anyone else to do, anything affe�ting the -�;`� •_;�- `,,�
<br /> • � ,�'r Property that is in violation of any Environmental I.aw. The preceding two sentences shall not apply to the presei�ce,use.or
<br /> � storage on the Property of small quantities of HaTardous Substances that are generally recognizeai to be appropriate to normal �. ,�3- _ �
<br /> �� residential uses and to maintenance of the Property. ` '�
<br /> . `. � , 'f'�
<br /> , �; Borrower shal!promptly give Lender written notice of any investigauon,ciaim.demand, lawsuit or other action by any .: :�._ �
<br /> ' � .' j gnvemmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law �
<br /> of which Borrower has actual knowledge. If Horrower leams,or is notified by any governmental or regulatary authority. that �'.�,::���-°
<br /> ;..4:',fl'=,�'. ..
<br /> � � any removal or other remediation of any Harardous Substance affecting the Property�s necessary.Borro�ver shall promptty take .. }.j.;�.•'
<br /> � ' � all necessary remedial actions in accordance with Environmental Law. �;
<br /> As used in this paragraph Z0. "Hazardous Substances" are those substances de�ned as toxic or hazardous substances by . _. ::�-,.-
<br /> � Environmental l.aw and thc foUowing substances: gasoline, kerosene, ather flammable or toxic petroleum pmducu. toxic � ;:`;_�;`;—
<br /> '�� � � �, i pesticides and herbicides.volatile solvents, materials containing asbestos or formaldehyde,and radivactive n�ateriais.As usecl in r���
<br /> ., this paragraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that ,, ,�,.___
<br /> • relate to hcalth,safe�}r ar environmental protection. �''"�r`
<br /> .�!:�-
<br /> � NON-UNIFORM COVENANTS.Borrower and Lender furthcr covenant and agree as follows: • '-`""` ''`
<br /> • � 21. Aceeteration;Remedies.Lender shall give notice to Borrower pdor to acceleratton following Borrower's breach ��:'',,�j��;
<br /> � • � of any covenant or agreement in this Security instrument (but not prior to acceleratton under paragraph 17 unless � "��---
<br /> � ' . applicabte law provides otherwise?. The notice sha11 specify: (a)the defau{t; (b)the action required to cure the defau(t; • ���,.�: _
<br /> � � (c)a date,not less than 30 days from the date the notice is given to Borrower.by which the defaWt must be cured;and � •�a--
<br /> (d) that tailure to cure the default on or before the date sperified in the notice may result in acceleratton of the sums • ,, ��'"�f
<br /> secumd by this 3ecurity lnstrument and s�le of the Property. The nottce shall further intorm Borrower of the dght to ' � '_�_':. .,�.
<br /> � reinstate si'ter acceteration and the right to bring a court action to assert the non-existence of a default or any ofher �' .`. , .
<br /> • � defense uP Borroa�er to acceleration and sale. IP the detault is not cured on or before the date specifled in the notEce, •
<br /> Lender, at iGs option,may require immediate payment in fuli of all sums secured by this Secu�ity instrument without � . • •
<br />-'� • fu�ther demand and may invoke the power oP sale and any other remcdles permitted by appticable law.Ixnder shall be .
<br /> � • entitled to collect all expen+es incuned in pursuin�the remedics provided in thls para�raph 21,inctading,but not limited :
<br /> • " to,reutionable attorneys'te�and rnsts of Htte evidence. •
<br /> IP the po�r•er of sale is in��oked. Trustee shall record a notice oP default in each county in �vhich any part of the � ,
<br /> '' Property is locatcd and shall mai! copies of xach notice in the manner prescrtbed by applicable law to Borrower and to . . .
<br /> � . the other persons prescribed by applicable law,After the time required by applicable taw,Trustee shall give public notice ..
<br /> .•�. of sale to the persom and in the manner prescribed by appllcable law.Trustee. withuut demand on Borrower,shall sell � _
<br /> � the Property at public auction to the hi�hest Aidder at the dme and place and under the terms d�i�nated in the notice of
<br /> _ • sale in ane or more parccls and in any order Trustee determines. Trustee may pustpone sale of all or any parcel of the
<br /> Propehy by public announcement at the time and place of any previously scheduled tiule. Lertder or its desi�,nez may �
<br /> • . purchase the Property at any sale. �
<br /> • form 3028 9190
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