0
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<br /> • 18, eo�rower'i Rl�ht to ReIni111tQ. II BonOwor maatG certa� oondRlons, Borrower ahell heve ths rphl to hllve �nforCOm�nt of .
<br /> lhis Sor,urdy Inctrumont dhCOntlnued ut uny �h�e prlor lo IYIY oarlWr 01: (pl 6 doyB (Or euCh othe� perlOd A8 appllCOble A7w may epeally lor �
<br /> romolnlomenil h�lure �010 01 Ihp Property pursusnt to any power 01 uale ConlalnOd In lhis SeCWdy Instrument; pr (bl ontry ol a �udpmMt i .
<br /> oNO�cn�p ih�s S�curity InSNumont. Thoso cond�lions aro thnt llorrowar: (n)pnys l.ondnr nil sumo �vh�ch Ihon wnuld be due under thls SscurRy ,
<br /> i�wuumont nnd Iho Noto nad no +tctobrnuon occurrod: (b) curos nny dolnult of nny �Iher Covonnnt or nflreemant�; (c1 paye All expenbee !
<br /> �ncurrod �n onio�cmp Ihis Secunty In,trumont. �ncludlnq, but not Ifmited to, reaeonabl0 atto�ney5'lees;and (d) teke6 suCh BCt�on ea LMd�N
<br /> � muy renso��ably roqurp to nssure thnt the i�en ol this Socurdy Instrument, Lender'S rphts � the f�roperty end Borrowor'e obllgatlon to pay I
<br /> i the sums SeCured by th�s Security �nStrument ShflM Conthue unchenged. Upon relnstAlement by�orrawer, thls Security Instrumunt end the
<br /> � obligations secured hereby shflll remein �ully efteCtive 8s �+ no accelerdtlon had ocCUrred. However, thls rlpht to relnstate sheil n�t AppN h �
<br /> � the case of acnelaratlon under parayrsph 17. � -
<br /> �9. $8�p of Note; Cha�ge ot Lonn sCPV�CP,f. The Note Or e pertlal IntBrOSI �n �he NOte (together wlth thlS S6CUrlty �'���•
<br /> i Instrument) may be sold ane or more tanes without prbr nOtiCe to Borrower. A sale may resuM �n a ohanye In ihe entity (knawn os the �
<br /> � "Loun Servber")that colbcts monthly paymenis due under the Note and thls Sacurity Instrument. There elso may be one or more chnnges �., ;l
<br /> •� h re is a chan e of the Loen Serv�er,Borrower will Ge gwen written not�Ce of the r ,��• �
<br /> of the Loen Servber unrelaled to a sale of the Note. It t e 9
<br /> � change in accordance weh paragraph t4 above and applicable lew. The notbe wlll state Ihe neme and address of the now LoBn SArvlCer ` •;1;;+'�
<br /> and the address to which payments should be made. The nOtlCe wlll also COnteh any other hform4tion required by epplbable lew. ' `^—
<br /> ,''��p�,�_�_
<br /> 20. Hezardoua Substances. Borrower sheli not cause or permft the presence, use, disposat. storage, or release of any :ey!_- —
<br /> ; Hazardous Substances an or in the Property. Borrower sheN not do, nor allow anyone etse to do, anything aHecting lhe Property that Is In .E,,�_— - -- - -
<br /> violation ot any Environrnental Law. The preceding two &entences shall not apply to the presence, use, or storage on the Property Of smail `h�=-"
<br /> � quant�ties ot Hazardous Subslances that are generaliy recognized to be eppropriate to normttl resldential uses and to maintenance of the
<br /> � Property. • ��
<br /> � Borrower shall prornplly give Lender written not�e of 8ny Investlgfltbn, Clflim, demand,IawsuR or other aCtlon by any povemmental or '.-:
<br /> � regulatory agency or prNeie party invoNing the Property and any Hezardous Substance or Environmemai law of wh�h Borrower ha6 actuai I';':_-
<br /> � knowledge. If Borrower learns, or is notifled by any qovernmentei or repuletory authority, thet any removal or other remedlatbn of any
<br /> � Hazardous Substance aflecting the Property Is necessary, Borrower shflil promptty tak3 all noCessary remedls� flctlons In acCOrddnue wfth
<br /> �nvironmental Law.
<br /> � As used in this paragraph 20, "liazardous Substances" are those substances defined as tox� or hazardous substances by �..
<br /> (� Environmental Law and ihe following substances: gasoline, kerosene, other flammable or toxic petroleum produCts, toxic pestbldes flnd ���__
<br /> �j herbfcides, volatile soNenlS, materials cuntaining asbestos or formaldehyde, and rsdioactive �teriels. AS used in this par8graph 20, _
<br /> 'Environmental Law" means lederal laws and laws of the Jurisd�tan where the Property �s located that relate to he&Rh, 58fety or �-�.
<br /> environmental protection.
<br /> � NON•UNIFOaM COVENANTS. Borrower and Londer further COVenant and agree aS tollows:
<br /> 21. Acceleretion; Remedies. L.ender shell gtve notice to Borrower prio� to ecceleretlon foltowing _
<br /> Borrower's breach ot any covenant o� agreement in th(e Security Instrument (but not pNor to �~��
<br /> .,
<br /> ecceleration under paragraph 17 unless applicable law provides otherwiee). The notice shnU specity: (a) �;
<br /> � t�P �iPtAUlt; (b� the actlon required to cure the detault; (c) e date, not leaa thAn 30 daya from the date the �.— �-
<br /> notice is given to Borrower, by which the deinult must be cured; and (d)that teiture to cure ihe deiauii vi �_ _
<br /> or before the date specHied in the notice may result in acceleretion of the sums secured by thia SecurNy _
<br /> Instrument end sale of the Property. The notice shall further inform Borrower ot the rigNt to relnatete e f ter ■����--��--°
<br /> e_�$��^a-
<br /> accele�ation and the rfght to bring e court action to assert the non-existence of a defauit or any other .. �}.
<br /> detense of Borrower to acceleration and ctate. If the default is not cured on or before the detC specffied in ,��n
<br /> , ,,�;-:
<br /> the notice, Lender at !ts option may requtre immedia4e payment in fuli ot all sums secured by thia Security :y: �,�
<br /> Instrument without further demend end mey invoke the power of sale and eny other remedles permitted �,_� 7-�
<br /> by applicable law. Lender shall be entitled to callect e!I expenaea incurred in purauing the remedies ;:,,.
<br /> provided in thts paragraph 21, tncluding, but not Iimited to, reeaonable ettorneya' feea end coate ot title :__ -
<br /> evidence. ����'
<br /> If the power of saie is Invuked, Trustee ahall record e notice ot defeuit in eech county in w►h�ii ble i�'��
<br /> part of the Property is tocated end ahali meil copies of such notice in the manner p�eacribed by epp .l.�s
<br /> law to Borrower end to the other peraona preacribed by appliceble lew. Aitar the time required by :,��__.
<br /> applicable law, Trustee shell give publia notice of aeie to the persons end in the manner preacribed by •�:^_,
<br /> appllcabte law. Truatee, wlthouti demend on Borrower, shail seit the Property at publ(c auction to the �,�r;;.
<br /> ' highest bidder at the time and place and under the terms deaigneted tn the notice of sale in one or more ;;�`
<br /> � parcels and �n any order Trustee determines. Trustee may postpone s�le ot all or eny parcel of the :,;_�a��=
<br /> Property by public announcement at the time end place of eny prevfously scheduled sele. Lender or Ita �..--A�!�=-=-
<br /> •y�.---
<br /> designee mey pu�chase the Property at any sale. ...-�_-�-
<br /> Upon receipt of payment of the pNce bid, Trustee shall deliver to the purcheser Truatee's deed � ��1���'�;"
<br /> canveying the Property. The recitals In the Trustee's deed shall be prima facle evidence of the Vuth of . c•.�. �
<br /> � the stetements made therein. Trustee shatl apply the proceeds of the sale in tNe following order: (a) to atl �
<br /> • costs and expenses of exercising the power oi sele, and the sate, including the payment of the Trur�tae'a ��
<br /> : fees actualty incurred, not to exceed 3 °� ot the prtncipai amount of the note et the time of
<br /> the deciaration ot detautt, and reasonable attorney's tees es permttted by taw; (b) to ail sums secured by .
<br /> this Security Instrument; and (c) any excess to the person or persons legelly entitled to it. �
<br /> 22. Reconveyance. Upon payment of all sums secured by this Security Inslrument, lender shall requesl Trustee lo reCOnvey the
<br /> Property and shali surrender this Secunty Instrument and aM notes evidencing debt secured by Ihis Security Instrument to Trustee. Truste9
<br /> shall reco��vey Ihp Prope�ty wdnout wananty and wdhout charge to the person o� persons�egaMY enUUed to it.Such person or persons ShnN
<br /> pay any �ecordat�on cosis.
<br /> 2�. Substitute Trustee. Lender, at its opt�on, may trom time to time remove Trustee and eppoint a successor trustee to anY I
<br /> - . . . . ____.._� ._ .�_ __....... �.. ...ti�..ti �tii.. Ce.....a� Inan�mant Ie rwc:orded. Without convevance of ; .
<br /> Irustee nppomea �Br6unOe� uy nn xiau��nvm �wv�uo.. ��. u�o ..w...� .. ......... ...... ....__..., . _. _
<br /> ihe Property, successorUUSloe shail succeed to flu the tftle,power and dutles conferred upon Trustee hereln snd by applicable law. �
<br /> 24. Request far NOtiC@S. Borrower requests thet coples ol the not�Ces of default a�d sele be sent to Borrower's address wh�h
<br /> i5 lhe Property AddrgSS.
<br />' 25. Riders to lh�s Security Instrument. If one or more ride�s a�e executed by Bo��owor and reCO�ded together wi�h this
<br /> � SeCUnty Instrument, th0 cov0nanl5 and agreemB��IS of eaCh Such rider Sh811 b8 inCOrporat�d into and sh011 8mend antl supplBmOnt th8 -
<br /> covenants and agreeme�ls o�ih�s Secunly i��sl�ument as d the ridar(s� were e pAr� of this Secu�Ay Inslrument.
<br /> - Pwm �078 0/90
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