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<br /> 17.Transfer of the Property or a Beneflctal Interest tn Borrower. If all or any part of the Property or any intcrest in it ' '', o
<br /> is sold or transfened(or if a beneticial interest in aorrower is sold ur transferred and Bonawer is not a natural person)without • �+
<br /> Lender's pdor written consent, I.ender rnay. nt its option, require immediate pay�r.ent in full of all sum.g secured by this - ��
<br /> Securiry Instrument.However,this optIon shall not be exercised by L.ender 1f exercise is prohibited by federal law es of the date ° ��4--��''.';
<br /> of thfs Sccurity Instrument. � • `
<br /> If Lender exercises this option,Lender shaU give Borrower notice of acceleration.The notice shall provide a periad of not �M
<br /> less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by th{s •- -• ��
<br /> �� Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, L.ender may invoke aay remedies � �`;�'�y�
<br /> W permitted by this Securiry Instrument without further notice or demand on Bonower. ;.,�� ' '��J'^.T'�i -�'
<br /> 18. Borrower's Right to Reinstate. If Borrower meets certain conditions, Bonower shall have the right to have •��`'`��"�
<br /> "�r:,..;, irs:�.4
<br /> enforcement of this Secudty [nstrument discontlnued at any time prior to the earlier of: (a) 5 days (or such ot6eer period as ..,�s,�'���=_'=`-
<br /> applicable law may specify for reinstatement)before sale of the Property pursuant to any power of sale contained in this ;'__=___�-
<br /> Securiry Instrument;or(b)encry of a judgment enforcing chis Securiry Instrument.Those conditions are that Borrower:(a)pays ��,y�;;__�
<br /> Lender all sums which then �vould be due under this Security Insttument and the Note as if no aceeleradon had occutted; (b) ;=-
<br /> cures any default of any other covenants or agreements; (c)pays all expenses incurred in enforcing this Security Instrument, '��+!�;��
<br /> including, but not limited to,reasonable attornays' fees;and(d) takes such action as Lender may reasoaably reyuire ro assure ;r ?.
<br /> that the lien of this Security Instrument, I.ender's dghts in the Propetry and Borrower's obligation to pay the sums secured by ryyr;;__ _
<br /> this Security Instrument shall continue unchanged. Upon reinstatement by Bonower, this Securiry Instrument and the . ��:-�-
<br /> obligations secured hereby shall remain fully effecttve as if no acceleratlon had occuned.However, this right to ninstate shall .;F�;,r,
<br /> not apply in the case of acceleration under paragraph 17. `=--
<br /> 19. 3ale oi Note; Change of Lnan Servicer. The Note or a paztial interest in the Note (together with this Securlry `�r'-'r-
<br /> Instrument)may be sold one or more times without prior notice to Bonower.A sale may result in a change in the entity(known ' _•`-�''� __
<br /> as the "Loan Servicer")that collects monthly payments due under the Note and this Securiry Instrument.There also may be one •
<br /> � or more changes of the Loan Servicer unrelated ta a sale of the Note. If there is a change of the Loan Servicer,Borrower will be •��,..
<br /> given wdtten notice of the change in accordance with pazagraph 14 above and applicable law.The notice will state ihe name and ��=;;;�°'
<br /> � udd�ess of the new Loan Servicer aad the address to which paymenu should be made. The notice will also contein any other ��:'_
<br /> information required by applicable law. • �"`
<br /> �. 20. Hazerdous Substances. Borrower shall not cause or pernut the presence,use, disposal, storage,or release of any •�'����!'—'
<br /> Hazardous Substnnces on or in the Property. Bonower shall not do, nor allow anyone else to do, anything effecting the ��'` �
<br /> � Property that is in violation of any Environrnental Law. The prececiing two sentences shall not apply to the presence,use,or � .=
<br /> �� storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to nornial ,; '�
<br /> residential uses and to matntenance of the Property. '�� -
<br /> " �=. Bu�ivwai sh�ft pcomptiy give Lendcr wdttcn naticc of any investigatioa,cl�m. demsnd, la�suit or othPr e�tion hy any —�, _�
<br /> � governmental or tegulatory agency or privete pazty involving the Properry and any Hazardous Substance or Enviroameatal Law `;,�;.
<br /> ' of which Borrower has actual knowledge.If Borrower learns,or is notified by any govemmental or regulatory authority,that , —
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<br /> any removal or other remediation of any Hazardous Substance affecting the Property is necessary,Borrower shall promptly take > �a
<br /> � all aecessary remedial acdons in accordance with Environmental Law. j __
<br /> �• As used in this paragraph 20, "Hazardous Substances" aze those substances defined as tozic or hazardous aubstances by ; _
<br /> . Environmeatal Law end the following substances: gasoline, kerosene, other flaznmable or toxic peuoleum products. toxic -�
<br /> pesticides and herbicides,volatile solvents,materials containing asbestos or formaldehyde,and radtoactive materials. As used in �=- —
<br /> thls paragraph 20, "Environmental Law"means federal laws aad laws of the Jurlsdiction wherc the Property is located that �
<br /> , relate to health,safety or environmental protection. _
<br /> NON-UNIFORM COVENANTS.9orrower and L.ender fiuther covenant and agree as follows: - -
<br /> 21. Acceleration;Remedies.Lender shcll give notice to Borrower pr[or to acceleratton following Borroxer's breach �`
<br /> of any covenant or agreement in this Security Iastrumept (but not prEor to acceleratlon under paragraph 17 unless "�"
<br /> applicable law provides othenvise). The n�tice shall specify: (a)the de[ault; (b)the actioa reqWred to cure t6e defuult; ��- -
<br /> (c)a date,rtot less than 30 days hom the dxte the notice is given to Bortower, by which the defautt must be curcd;and �
<br /> " (d) that failure to cure the default on ur 6e[ore the date specified in the notice may result in acceleratton of the sums
<br /> secured by this Secur[ty Instrument and sale of the Property. The notice shall turther iniorm Honrower ot the rtght to _
<br /> re[pstAte atter acceleration and the right to bring a court aMion to assert the aon-existence of a defaWt or any ot1►er —
<br /> de[ense of Borrnwer to acceleretton and sale. It the default is not cured on or before the date specitted in t6e nntice, �"=�_—
<br /> I.ender, at its option,may require immedtate payment in flill of all sums secured by this Secur(ty InStrwnent without -
<br /> fwther demand and muy invake the power of sale end any other remedles permitted by applicuble law.Lrnder shall be - -
<br /> entitled to collect all expenses iacurred in pursuing the remedies provided in this paragraph 21,including, 6ut not limited _
<br /> to,reasonable attorneys'fees and costs of title evidence. �°--= °
<br /> It the power of sale is invoked, 'l�ustee shall record a notice of defsalt tn each county in which any part of the �'�°"'T�
<br /> j Property is located and shall matl copfes ot such notice!n the manner prescrtbed by applicable law to Barrower and to _ � ��
<br /> the other persons prescrtbed by appltcable law. After the time requtred by applicable law,Tevstee shal!give public noHce �s ��
<br /> � of sale to the persons and in the manner prescribed by applicable law.Trustee,without demand oa Borrurer,shal!sell �`�:
<br /> the Property at public auctton 4o the highest bidder at the ttme and place and under the terms designated in the notice ot r ';.'`` �..
<br /> , sale in one or more parcels and In any order Trustee determines.Trustee may postpone salc of al! or any parcel of the =�;.i ,'t;;; •
<br /> � Property by public annourtcement at the ttme and pluce of any prevlously scheduled sale. Lender or Its designee may �_ :: :-.1 :
<br /> purchase the Pruperty ut any sale. � r���;•��� ��
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<br /> � Fam 3028 9190
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