|
...::l
<br /> . , .� �
<br /> � . ..
<br /> ..�- . . -.c.0
<br /> i
<br /> � -
<br /> � —
<br /> � 17.Trxnsfer of the Property or u Beneflciul Interest in Borrawer. If all or any pxtt uf die Properry c�r any interest in it � .'.
<br /> I is sold ar tnuisferred(c�r if a heneticiul interest in Burmwrr is sold��r trensferreJ xnd Bunower is n��t a�uitur:tl per�m)withuut '�
<br /> � L x n de r'� p r i��r w ri t t e n c o n s e u t, l.e n d e r n i a y, a t i t s o p t i o n, r r q u i re imntediate pa ymrnt in full of all sums securrd by this
<br /> Securlry Insttument. However,IJllti UpGOtI SIl'dU 11U[ Il:CXC(C11rfI hy LY.II(ICT lt CXCfC1tiC 1��1IUjUhIICII I1y 1etIC[Nl Ii4W ii5 t�f Ql�llate � � - -
<br /> af this Security lnstrument. '
<br /> If Lender exercises th3s��pttan, LenJer tihaq give Hurruwer nutice of accelerntion The uocice shall p����;aC�nC���►a yt�����c �,_� _
<br /> less dwn 30 days from tlie clate die notice is delivrred ur mailed within whicli Borruwer n�uxt pxy xll sums securrd b tfii, �.�� �
<br /> � Secudty Insuument. If Borrower fuils ta pay d�ese sumti prior m th�expirxtion of diis period, Lendar niay i�rvc�ke any ret�ieJies I
<br /> � pecrnitred by this Security Instrument without further nc�tice or demand on Burruwer.
<br /> 18. Borrower's Rtght to Reinstate. If Borrower meets c�rtxin condiauns, Bunawer shull huve die right to have
<br /> � enforcement of this Security Instrument discantinued at any tinie prior to the earlirr uf: (a) 5 dxys (or such other periad :ss �i
<br /> applicable law may s�pecify far reirutatement) before sale of the Arc�perty punuant to any power of�sle contuincd in this C�
<br /> : Security Instcument;or(b)entry af a judbmient enforcing this Seeurity In;trument.Thase ametiuons are that Borrower: (a)pays
<br /> • • Lender ull sums which then would Ue due under this Securiry Instrun�ent and die Note us if no acccleration haJ accuned; (b) � _
<br /> cures any default of any ather covenun�� or agreerneats; (c) pays all expei�.ses incuned in enforcing d�is Securiry Iwtrument,
<br /> ' including, but not limited to, reasoi�xhle attarneys' fees;and (d) wke,such actiun as Lender may reusoiu�hly require tu utisure Q,
<br /> � diat the lien of this Security Instrument, I.endei s rigli�i in the Prnprrty and Borrower's obligatian ta pay die �ums secured by
<br /> this Seeurity I�utn�m�nt shall condnue unchangeJ. U�Cm reirutatement by Bc�rruwer, diis Security Instrument xnd the _
<br /> obligauons secured hereby shall remain fully effectivc aa if no acceleradan liad accuned. However, ¢his right to rriiutxtr.�liaq
<br /> not apply in the case of acceleraaon under paragraph 17. �
<br /> - 19. Sale of Note; Change of Loan Servicer. The Natc c�r a partixl interesc in the Note (togedier with this Security
<br /> Instrument)may be sold one or mare times widu�ut pric�r notice to Bnrrrnver. A salc may result in a cliange iu the entiry(knowu
<br /> ati the"L.oan Servicer")that collecGS monthly paymencs due under the Notc and this Secunry Insuvment.There�lso may be one
<br /> or more changes of the I.oan Servicer unrelated to a sale of tUe Note. If tliere is a change af the Laan Servicer, Bunower will be
<br /> given written nodce uf the change in accordance with paragraph 14 alxrve xnd applicable law.The notice wiq state the iuuue and
<br /> �, address of the new Loan Servicer xnJ the adclress to which paymrn�ti should be niaJe. Tli� natice will also contxin any ather
<br /> informadon required hy applicable law.
<br /> 20. Hazardous Substences. Borrower shall not cause or pemiit the presence, use, disposal, storage. c�r release af any
<br /> Hazardous Substances dn or ia ehe Property. Eionower shall nat do, nor alluw su�yone else ta do, anything affecting d►e
<br /> Property that is in violatian af any Environmental Law,The preceding two sentences shall not apply to th� presence, use, ar
<br /> = scorage on the Prc�peny of�m��1 cZuxneicies of Huz:uduus Substxnces tl�at are generally recognized to be appropriace to uormal
<br /> resldendal uses and to m�unrenance af the Propcny.
<br /> Bonower slit►ll praruptly give Leuder wntren natice of any investigatian,clxim, demand, lawsuit or other actian by any �
<br /> governmenwl or regulxtary agency or privxte pany involving die Prnpeny xnd any Hxzardous Substance nr Environmentul Law
<br /> of which Borrower h�.ti actual luiowledge. If 9orrower lean�s, or is nodtied by any governmentsil or regulatory authority, that _
<br /> any remov�l or other remediadon of any Haz:►rdous Suhstance affecting the Property is neces�ary, Bacrower�hall prampdy take
<br /> all necessary ren�ediul actions in accordance with Environmental L�sw. _
<br /> As used in this paragraph 20, "H:►zardaus Substances" ure those substxnces defii�ed as toxic or hazxrdous substances by ` —
<br /> Bnvironmental l.aw and the followtng substxnces: gasoline, kerosene, other flanmiable c�r toxic petroleum products, toxic ,. _ _
<br /> pesticldes aud herbicides,volxtile salvents,materials containing asbestos or fornialdeh�de,and radioactive matenals.As used ln j _�. .
<br /> this par�graph 20. "Envimnmental Law" nie:uu fedec�l laws and laws of tl�e juritidic[ion wl�ere the Properry is located that _,
<br /> relate to health,safery or environmental pratection. •..�_ _. —
<br /> NON-UNIFORM COVENANTS. Borrower aid Lender further coven:uit xml xgree us follows: -0
<br /> 21. Acceleration;Remedies. Lxnder shall give nottce to Borruwer prior to acceleration following Bo�TOwer's breach ��
<br /> of any covenant or agreement in this Securlty Instrument (but not prior to acceleratton under paragraph 17 unless
<br /> applicable Iaw provides otherwise).The noNce shall specify: (a) the default; (b)the actton required to cure the deFaulti �'z+��::
<br /> (c) a date,not less than 30 days from the date the nottce is given to Borro�ver,by whtch the default must be cured;and '��.-= -
<br /> (d) that failure to cure the default on or before the date speciRed in the notice may result in acceleratton of the sums ,``-„���.�,'_�
<br /> } � secured by this Security Instrument and sal$of the Property. The notice shnll further inform Borrower of the right to .L��
<br />� reGutate after acceleration and the right to bring a court action to assert the non-existence of a default or an,y other •:,.�n_,_
<br /> r defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the not[ce, .^;�'�
<br /> Lender, at its uptton, may require immediate payrnent in fup of aU sums secured by this Security lnstrument wkhout ,�s.�wr�.--�-
<br /> further demttnd and may invoke thc power of sale and any other remedies permttted by applicsible law. Lender shall be �„�_4_��
<br /> entttled to collect all expenses incurred In pursuing the remedies provided in this paragraph 21,including,but not ltmited �.:��-..y.=-�::�_
<br /> •---•�:
<br /> , to,reasonable attorneys'fees and cosks of title evidence. ��~�'`'►
<br /> If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the ,. " '�'��- �„
<br /> Property is located and shall mail coptes of such notice in the manner prescribed by appl[cable Iaw to Borrower and to „
<br /> - the other persons prescribed by uppltcable law. After the time required by appltcable law,Tn�tee shall gtve publ[c nottce - • ,
<br /> ' of sale to the persons and in the manner prescrfbed by applicable law.Trustee,without demand on Borrower, shall sell
<br /> - the Property ut public auction to the highest bidder ut the time and place and under the terms designflted in the nottce of
<br /> ' sale in one or mo�e parcels und in any order Trustee determines.Trustee may postpone sale of all or any parcel of the �
<br /> Property by public announcement ut the ttme and place of any previously scheduled snle. Lender or its desigrtee may i
<br /> • purchuse the Property at any sale. ,
<br /> I
<br /> � �
<br /> . �
<br /> Form 3028�9190 � �
<br />— ��BRINEI�sz�2i.ot paqe 5 ot e �„„���
<br /> � �
<br /> i �
<br /> i
<br /> �
<br /> : �
<br />
|