._ ,,., .i
<br /> I ' k --..
<br /> , If Borrower meets certah condklons, Borrower shall have the ripht to have � `�.
<br /> I �a,ii...
<br /> 1 S. Borrower s Rlght to Reinstate. ,
<br /> enforcement of this SecurRy Inst�ument discontinued at any time prior to the earller of: (B)6 days (or such other perlod as aPPlbable
<br /> .,,:r.
<br /> � iaw may specity foi�reinstatement) befora sale ol the Property pursuant to any power of sale contalned In this Sacurity Instrumen; or
<br /> t..
<br /> � (b) entry of a judgmant entorc�fl t I strument and rth�e Note ass If no aicicelarat on hhad occurered(e(b)ecures any detaulm o Wanyh ot er I „ --
<br /> ' would be due under thfs Secu ty � --
<br /> � covenant or agreements; (c) pays all expenses incurred in enforcing thls Security Instrument, Inc�uding, but not limited to, reasonabie .
<br /> attorneys' fees; and(d)tekes such ectlon as Lender may reasonably require to assure that the Ilen of thls Security Instrurtient,Lenders f
<br /> rights in the Property end Borrower's obllgaUon to pay the sumc secured by thls SeCUdty Instrument shall contlnue unchanged. Upon -�-""
<br /> � reinstatement by 8orrower, thls Security Inatrument and the obllgations seCUred hereby shall remain fuity eNective as if no accelerat�on C� —
<br /> had occurred. Howov�r, this ripht to relnst6te shall not epply N the c8se of accelBratlon under paragraph 17. �_ „'.�
<br /> 19. Sele of Note; Change of Loen Servieer. The ntote or a pa�t�ni �ceresc � cno Noco (to9ocnB� wan ►nis sec�r��y � _ ___
<br /> Instrument) mey be sold one or more tlmes without prlor notice to Borrower. A sale mBy result �+ e che�ge In the entity (knpwn BS the ` ��,�.
<br /> "LOan Servker") that collects monthly paymbnts due under the Note end this SeCUrfty Instrumenl. There also may be one or more ��r•_
<br /> changes of the Loen Servber unrelated to a sale o�the Note. N lhere is a ahanpe of the Loan Serv�er, Borrower wfll be qiven wrkten �_
<br /> �bable 18w. The notfce wiu atate the name end address ot tho ~ 1 =--
<br /> not�ce ot tho change In accordence with paragreph 14 abovo und app ^ .
<br /> new Losn Ser��er and the eddress to w►i�h pByments should be made. The not�e wi�i nlso COntain Bny other inlormatlon requked by �� ;,.�_
<br /> applicable law. �1 ��F '"-
<br /> 20. Hazardous Subatances. Borrower shell not cause or permit the presence, use, disposal, storage, or release o any �
<br /> �_:et�nla.
<br /> ' i♦eznrdous Supstancos on or m the Property. Borrower shall not do, nor allow anyone else to he areser�ea use�ort storage on the �
<br /> ; is m violatian of nny Enwronmenta� Law. The preceding two sentences shall not appN �o riate to normal resldent�el usea and to
<br /> ' Property ol Small qunntitles ol Hazerdous SubstenCes th8t 8re generBliy recognlu►d to be app P _
<br /> i ma�ntenanCe of the PropeRy. �"��
<br /> Bprrower shnll promptly pive Lender written not�e of any Investlpation,clakn, demand, Iawsuit or other actlon by any Aovernmental
<br /> � or reguWtory ngQncy or prNate party hvoHing the Property end any Hezardous SubstanCe or Envlronmental Law ot wh�h Barrower has ��-'
<br /> i
<br /> actual knowledge. If Borrower Iearns. oi Is not���ed by 8ny governmental or regulatory aulhOrlty, thet a�y �Bmovel �emedi8lrecUo stlo� � - ": ...,
<br /> � Is neCessary, Borrower shali promptly take all necossery �;�;;.' �
<br /> i of eny Hezardous SubstenCe aMeCting ihe Property _
<br /> 1 accor�ance with Environmental l.aw.
<br /> As used in this paragraph 20, "Harardous Substances" are those substances detined as toxfc or haurdous substances by
<br /> Environmental Law and tl�e following substences:gas0lne, kerosene, other finmmable or tox� petroleum products, tox� pest�ldes and -
<br /> I hEnvuonmenta�Lawsomeans ecfe�allslaws tand Iawsbo�'lheo�urisd�tionhwheren hesProperty �s�ocated that rel8t I tohh98 h8 sra ety2or
<br /> �. ' environmental protection.
<br /> I NON•UNIFORM COVENANTS. Borrower and Lender turther covenant and 8gree es folbws:
<br /> 21. Acceleretion; Remedies. Lende� ahali give notice to Borrower prior to ecceteration totlowtng
<br /> � Borrower's breach of any covenant or agreement tn this Security Instrument (but not prior to
<br /> . � acceleration under peregraph 17 unleas eppllcable law provides otherwise). The notice shalt specify:
<br /> � (a) the dafault; (b) the action required to curc the ��tauli; (cj a s!ale, n�t less than 30 days trom the
<br /> � date the notice is given to Borrower, by which the default must be cured; and (d) that f�ilure to cure
<br /> i the default on or betore the date specified in the notice mey re The i not ce I shal� fur I�ereintomm
<br /> secured by this Security lnstrument and sate of the Property.
<br /> � � eorrower of the right to reinstate after acceleratiAn end the right to bring e c�urt actlon to assert tha
<br /> non-existence of a detault or any other defense of Borrower to ecceleration and sade. If the deteult is
<br /> � � not cured on or before the date specitfed in the notice� Lender at its optton may require immedtete
<br /> - , � payment in full of alt sums secured by this Security InsVument withocable t ew. d Lender shalt be -_
<br /> , � invoke the power of sale and eny ather remedies permitted by app - — _
<br /> entitled to colleat alt expenses incurred in pursuing the remedies provided in this paragreph 21,
<br /> i including, but not limited to, reasonable attorneya' feea and costs of titte evidence. �"�'�'�
<br /> If the power of aele is invoked, Trustee shall record a notice of default in each county in which �`,.
<br /> �� � any part of the Property is Ioceted end shall mail copiea of such notice U the manner prescribed by � �._
<br /> liaeble law. Aiter the time �,..-
<br /> � �pplicable law ta Borrower and to the other persons preaaribed by app � _
<br /> .�,,�. ._
<br /> � required by applicebte law, Trustee shall give pubiic notice oi sale to the persons and in the menne� �,,,
<br /> E:_.�_
<br /> � prescribed by applicable law. Trustee, without d�mand on Borrower, shall sell the Property et public _ ___ -- _
<br /> � auction to the highest bidder at the time and place and under the terms deaigneteO8 �oneesa ettot all ,�����
<br /> ; sate in one or more parcels and in aublic dannouncem nteatn the time end place of any previoualy ,
<br /> ' ' or any parcel of the Property by p '-.�.��-�x
<br /> � scheduied sale. Lender or its designee may purchase the Property et any sale. :..-Y-.._
<br /> Upon receipt of payment of the price bl8, Trustee shell deiiver to the purchaser Trustee'a deed ° �.;;_�,��.
<br /> � convaying the Property. The recitals in the Truatee'a deed shall 6e prime fecie evidence of the Vuth
<br /> �^••
<br /> ot the stetemenxs mRde therefn. Trustee shall apply the proceeda ot tNe sate In the toltowing order: , .�
<br /> ' (a� to all costs end expenses oi exercising the power of sele, and the aale, inctuding the payment ot
<br /> ' the Trustee's tees actually incurred, not to exceed 3 °,6 of the prineipel amount ot the note
<br /> sums secu edt bydthis rSecurity d nstrument;rand (c)I any�excessttostl e per oinLeor bpersonsb I gally
<br /> entitled to It.
<br /> 22. Reconveyanee. Upon payment ol all sums secured by this Security Inslrument, Lender sheN request TniStee to reCOnvey
<br /> the Property and shan surrender thiW1 houtrl`wa�anty and w thoult chaege to the'person1or persOnS lega lySentilrled tOS tu Sucht pe soneor
<br /> Trustee shail rer,onvay the Property
<br /> per5on5 sh311 pay any r2COrdal�On Costs.
<br /> ' 23. Substitut@ TrUStee. Lender, et �ts opt�on, may Irom time to timo remove Trustee and appoint a successor trustee to
<br /> co veynncee ofphe1nPropertyUSuccessoetrust`e hall succeed to a�hehe�ttleypowehandtdutles cornferred`upontTrustee�heeefn end bY `
<br /> l
<br /> pppl�CHble �aw. �
<br /> 2A. Request for Notices. eorrower requests that copies ol the not�ces ot default and sale be sent to Borrower's acftlross I
<br /> which is the Property AddresS. •
<br /> 25. Riders to this Security Instrument. u one o� more ��ders are Rxecuted by Borrower and recorded together wHh
<br /> th�s Sec�udy Instrument, lhe covenflnts nnd ag�oemen�s of each such rider shall bo �nCOrporated �nlo and shall nmend and supp�ement
<br /> tne co�Qna��ts and ag�eements ot th�s Secu�dy Instrument ns ��ihe nder�sl were a part of th�s Securdy Instrumenl.
<br /> Fo�..+�oan a�eo
<br /> I'age a o�5
<br />� ��_�l�•IMti��U'��1
<br /> �.�n
<br />
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