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<br /> 17. Transbr of th� Proporty o► a Boneflalal Intorest in Borrower. if aw or any part of the Prope►ty or .. , ,�z.__
<br /> any Interest In it Is sold or transferred (or if e beneiiclai Interest in Borrower Is sold ar tranaferted and Bonower is not a nnturcl ::'�,:';;`"� ,
<br /> person) without Lender'a prlor written consent.�ender mey,at fls optlon,requlre Immedlate payment In full of all suma secured by -
<br /> lhls Securlty Inatrument. However, this optton ahall not be exercised by Lender If exerclse is prohibtted by federal lew ae of the --
<br /> dato ol thls Socurity Instrument. • � '
<br /> It Lender exerciaes this optlon,Lender ahnll glvo 9orrower nolico ol accelorutlon. The nalice shnll provlde u perlod of not�' �
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<br /> loos than 30 days Irom tho date the notice Is deWered or mailed withln which BoROwer must pey all sume secured by thle =�,v_
<br /> Security Instrument. fl Borrower (alis to pay theso aums prlor to tho expiratlon of ihls perlod, Lendor may Invoke uny remedlea� .�f�°
<br /> , permitted by this Security Inatrument without furthor notice ur demand on Bovower. I _
<br /> 18. 9orrowor's Right to RNnstate. II Bonower mee�s certeln conditlons, Borrower shall have the rlght to have I
<br /> enlorcement ot thla Security Inatrument dlscontinued et any time pdor to the eadler o1: (a) 5 days (or such other perlod na ��.,
<br /> , • applicablo law may specify tor retnstatement)bn}ore sulo of tho Property pursuent to eny power oi sele contelned In thls Secudry r� _
<br /> �, Inatrument; or (b) antry of a Judgment enforcing thls Secu�iry Instrument.Those conditlons are that Borrower. (o) puys Lender ail �; ;�"
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<br /> sums whlch then wauld be due under thia Security Inslrument and the Note as If no accelernllon hed occurred; (b) cures eny � :��, ;:^-
<br /> � ""� delault of any other covenant or agroements: (c) pays all expenses Incurred In enforcing this Secudry Instrument, Including, but � �,�,�:-.
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<br /> not Ilmited to, reenonabie attomeys'teea; and(d) takea such action as Lender may reasonabty requko to assure that the Iien of ,.,;�;,�--.
<br /> thls Secudty Instrument, Lender's dghts In the Property and Bortower's obligatlon to pay the sums secured by this Secudty •. ':,�x��:_�
<br /> Instrument sheil continue unchanged. Upon reinstetement by Borrower, thls Secudty Instrument and the obligatbn� secured ,�, �-
<br /> hereby shall remsln fully efteGMe aa M no accelerellon hed occurred. However,thls right to reinstate shalt not apply In the case '- -
<br /> t ot acceleretlon under paragraph 17. . ���,�
<br /> 3 19. SaIY Of NOte; Change of Loan Servicer. The Note or a a pArtiel Intefest in the Note (together with thls 'f�
<br /> Securlty Instrument) may be sold ono or more times wlthout prior notice to Bortower. A sale may result In a change In ihe entity ,.
<br /> '� (known ss the'Loen Servicer')that collects monthly payments due under the Note and thls Secu►ity Instrument. There also mny " .''�
<br /> � be one or more changes of the Loan 3enlcer unrelated to a sale of the Note. If there Is a change of the Loan Servicer, _
<br /> '� Borrower wili be given wdtten notice of the change In accordenee with parngrnph 14 above and applfceble law. T he not ice will -
<br /> atate the name and eddress ot the new Loan Servicer and tha address to whlch paymento should be made. Tho notice wlll also
<br /> � �I contaln any other Informatton required by appWcable law,
<br /> S 20. Hazardous Substances. Bortower shell not cause or permit the presence, use, disposal, stomge, or release ot _
<br /> �. �I any Hazardous Substances on or in the Property. Bortower shaN not do, nor allow anyone else to do, enything aifectfng the
<br /> I Property thet Is In vlolation of any Environmental Law. The preceding two sentences shall not apply to the presenae, uae, or
<br /> � storage on the Property of small quantltles of Hezardous Substances that are generally recognized to be approprlete to nortnal
<br /> ��� I residentlal uses and to maintenence ot the Property.
<br /> � Borcower shall promptiy glve Lender wdtten notice of any Investigatlon, clalm, demand, lawault or other actlon by any _
<br /> govemmental or regulatory agency or prlvate party InvoNing the Property and any Hezardous Substance or Environmontel Law of _
<br /> whlch Borrower has actuai knowiedge. Ii Borrower leams, or is notifled by any govemmenlal or regulatory authority,that any
<br /> � removal or other remediatlon of any Hazardous Substance atfecting Property is necessary, Borrower shall promptly tuka ali
<br /> " necessary remedial actions In accordance wRh Envkonmental Lew.
<br /> ;. Aa used In thls paragrapn 20,'Mazardous �uostences` are iooso subsiancna Jaiindd eo tuxlt or hazardaus aubstsnees by
<br /> Envlronmental Law and the following aubstences; gasoilne, kerosene, other 1lammable w toxlc pet�oleum products, toxlc
<br /> � pesticldes and herbicides, vdatile solvents,materfals contalning asbestos or fortnaldehyde, and radbaotive materlats. Ae uaed in
<br /> � „ ; paragraph 20, "Environmentel Law'means federal laws and Isws o(the Jurisdictlon where the Property Is loceted that relate to
<br /> '�� health,sefety or environmentel protectlon.
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<br /> �• NON-UNIFORM COVENANTS.Bortower and Lender further covenant and agree as tollows: _ _
<br /> �, 21. Acceleratton; Remedles. Lender shall give nottce to Borrower prior to accoleretton __
<br /> :� following Borrower's breach of any covenent or agreement In this Security Instrument (but not
<br /> G prior to acceleration under paragraph 17 unless applicable law provldos oth�rwiso). The notice _
<br /> � shall specliy: (a) the default; (b) tha actton requlred to cure the default; (c) e date, not I�as than
<br /> ` 30 days from the date the notice Is given to Borrower, by which the default must be ourad; and
<br />' �� (d) that faiture to cure the defauit on or betore the date specHled in ths notico may rssult tn
<br /> n acceleration of the sums secured by thia Security Instrument and sale of ths Property. The notice _
<br /> •k ahall further Inform Borrowar of the rfghi to retnetate after acceleration and tho right to brin� a
<br /> � court actlon to assert the non-exlstence of a default or any other defense of Borrowor to -----
<br /> acceleratlon and sale. If the dofault Is not cured on or before the date epecifi�d In th. ootie�,
<br /> � I.ender at tts optton mey require tmmediate payment in full of all sums secured by thls 8ecurity ��,�;
<br /> Instrument without further demand and may invoke the power of sale and eny other remodies �-- -
<br /> _ permitted by appltcable law. Lender shall be entitled to colleat all expenses tncurred In purauing �_-�= __
<br /> •� the remedies providod in thts paragraph 21, including� but not Iimited to, roasonable attorneys' ',,,,_y k,.,,,,
<br /> . fees and costs of title evidence. •.��1",
<br /> ' If the ower of sale ts (nvoked, Trustee shali record a �otice af default In each county In ,��r.}��
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<br /> which any part of the Property is located and shall mail copies of auch notice In the manner ' .� l�,._;�,
<br /> prescrfbod by appliaabte law to Dorrowor and to the other parsons prescribed by applicablo law. ,,;,N
<br /> Aiter the time required by appllcable law, Trustee ahall give publta notice of sale to the persons ' "�''"'
<br /> and in the manr►or prescribed by appilcable law. Trustee, without demand on Borrower, shall sell "'�'. ��,����
<br /> the Property at public auction to the highest bidder et the time and plsce and under the terms � �
<br /> deaignated In the notice of sale in one or rtiore percels and in any order Trustee determines. ••
<br /> Trustee may postpone sale of all or ony parcel of the Property by public announcement at the
<br /> time and place of any previously scheduled sale. Lender or its designee may purchase the
<br /> Property at any sele.
<br /> Upon receipt of payment of the price bid, 'Yrustee shall deliver to the purcheser Trusteo's �
<br /> deed conveying the Property. The �ecitala in the Trustee's deed ahall be prima facte evtdence of
<br /> the truth of the statements made therein. Trustee ahall apply the procesds ofi the sale in the
<br /> � fotiowt^g order. (a) to an costs anq expenses ot exorcising ine power oi saie, and ioe daiv, � ----_--°--=-
<br /> Including the payment of the Trustee's fees actually incurred, not to exceed three
<br /> � % of the principal amount of the
<br /> � note at the time of the declaratfon of default, and reasonable attorney's fees as permitted by It�w;
<br /> (b) to all sums secured by this Securtty Instrument; and (c) any excess to the person or persons ; '
<br /> - legally entitled to it.
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