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<br /> I ib.Borrower's Copy. Borrowcr shall bc givcn onc canformcd copy of thc Notc an�of thc f'ro��rt nor any�intcrest in it is
<br /> I 17.Transfer of the Property or a Beneflcial Interest in Borrower. If all ar any p P� Y
<br /> sold or transfcrrcd (ar if a beneficial interest in Borrowcr is �old or transfcrred and Bonowcr is not a naturalpc rso�)without
<br /> l.cndcr's prior writtcn consenb L.cndcr may,at i4c oppon,rcquirc immediatc paymcnt in full of all sums sccured hy this Sccurity � w:
<br /> Insuument. Hawever, this option shall not be exerc�sed by i.ender if exercise�s proh�bited by federsil luw a�of the date of this I
<br /> � 5ecurity Instrumen� • =
<br /> If Lcndcr cxcrcises ihis oPdon,I..cndcr shall givc Borrowcr noticc of acccicration.Thc naticr,shall providc aperiod o(nat less ,
<br /> than 30 days from the date the nodce is delivered or mailed within which Bonuwer must puy aU sums secured by this Security -
<br /> I
<br /> � � InswmenG If Borrawer fails to pay thcsc sums priar to the expiration of this period,L.cndcr may invoke any rcmedics permitted I
<br /> ' by this Secudty Insuument without funher notice or demand on Borrower.
<br /> j18,Borrawer's Right to Reinstate. If Horrowcr mcet� certain conditions, Borrowcr shall havc thc right to havc �
<br /> � enforcement of this Security Instrument discontinued at any dme prior to the earlier of: wacr of selye contained in this Security$ I
<br /> applicablc law may spccify for rcinstatcmcnt)bcfore salc of thc Property pursuant to any po � �
<br /> � Instrumcnt;ur(b)cntry of a judgment cnforcmg this Sccurity Instrumcn�Thosc condidons arc that Bonowcr:(a)pays Lcndcr all
<br /> � sums which then wauld be due under this Secunty Inswment and the Note as if no accelerauon had occurred:(b) cures any _
<br /> default of any other covenanis or agreements;(c)pays all expenses incurred in enforcin�this Security Instrument,including,but
<br /> ' not limited to,reasonable aunmeys' fees;and(d)takcs such acuon as L.ender may reasonably requue to assurc that thc licn of this , .
<br /> Securiry Instrument, Lcnder's nghts in the Property and Sorrowcr's abligation to pay the sums secured by this Security
<br /> Instrumcnt shnll continue unchanged. Upon reinstatcment by Borrower, this Security Instrumcnt und the obligations secured :.
<br /> hereby shall remain fully effecuve as�f no accelerauon had occurred.However,this right to rcinstate shall not apply in the case of _ �h�-
<br /> ' acccicradon undcr paragraph 17. '��_��-��_
<br /> � 19.Sale of Note; Change af Loan Servicer. "fhe Note or a partial interest in the Note (together with this Security ���
<br /> � Instrument)may be sold one or more times without prior nouce to Borrower.A sale may result in a change in the enuty(known ,R,�,. ,
<br /> as the"Loan Servicer")Ihat collects monthly psyments due under the Note and this Security InsuumenG"Ihere also may be one or
<br /> 1 mare changes of the Loan Servicer unrclated to a sale of thc Nate.If thcrc is a change of the I,oan Servicer,Borrowcr wiU be
<br /> given written nodce of Ihe change in accordance with pura�raph 14 above and applicable law.The notice will state the name and ..
<br /> I address of the new Loan Servicer and the address w which payments should bc madc.The notice will also contain any other
<br /> information rc�{uired by applicablc law.
<br /> 20.Ha�ardou�Substances. Borrowcr shall not c:ause or permit Ihc prescncc, usc, disposal, storaSe, or relcase of any ___
<br /> Hazardous Substances on or in the Property.Bonower shall not da,nor allow anyone else to do,anythm$affecdng the Property �
<br /> that is in violadon of anY Environmcntal Law.The prcceciing two sentences shall not apply to the presence,use,or storage on the _ _
<br /> � Property of small quanuues of Hazardous Subsiances that are generally recognized to be appropnate to narmal residential uses
<br /> � and to ma�ntcnancc of thc Property.
<br /> ' Borrower shall prompUy give Lender wriucn notice of any investigauon, claim, demand, lawsuit or other acdon by siny
<br /> govemmental or regulatory agency or privatc party involving the PropeRy and any Har.ardous Substance or Env'vonmental Law '�}.,.��
<br /> , of which Borrower has actual knowledge. df Bonower leams,or is notified by any.govemmental or regulatory authority,that any
<br /> removal or ather remediation of any Hazardous Substance affecting the Property�s necessary,Bonower shall prompdy take all
<br /> _ � nccrssary rcmcdial actions in accorduncc with Environmental Law.
<br /> •: 1 As used m this paragraph 20, "Hauiidou�Substanccs" are those subsances ��fneci aa wxic or hazardous subsisnces by _ _
<br /> � Bnvironmental Law and the following substances: gasolinc, kerosene, other flammablc or toxic peuoleum products, coxic
<br /> }xsdcides and herbicides, voladle solvenu.materials containing asbest,os or formaldehyde,and radioacdve matenals. As used in
<br /> , � toihe.Palth��ety or nviron cntal protccti n�s federal laws and laws of thc jurisdicdon whcre thc Property is located that relate
<br /> � .
<br /> NON•UNIFORM COVENANTS.Borrowcr and i.endcr furthcr covcnant and agrec as follows: ,
<br /> 21.Acceleratton;Remedies.Lender shall give nottce to Borrower prior to acceleration tollowing Borrower's breach of ;•�
<br /> ,. , any covenant or agreement in this Securtty Instrument (but not prior to acceleratton under paragraph 17 unless �'�'
<br /> � � appltcable law provides otherwise).The notice shull specify: (a)the default;(b)the action required to cure the defaalt;(c) . —_ _
<br /> ' a date,not less than 30 days from the date the notice is gtven to Borrower�by which the detault must be cured; and (d) �j4t '';r _
<br /> ! that failure to cure the default on or before the dete specified in the notice may result in acceleratton of the sums secured : — _
<br /> '� l by this Securtty Inshument and sale of the Property.The notice shall further inform Borrower of the right to reinstate ��;�. _
<br /> � af'ter acceleration and the right to bring a court action to Assert the non•existence of a default or any other defense of _
<br /> IBorrower to acceleration and sale.It the detault LS not cured on or before the date specified in the notice,Lender,at its ;��_�
<br /> � option,may require immediate payment in full of all sums secured by this Securtty Instrument without further demand :_;��
<br /> I and may invoke the power of sale and any other remedies permitterl by appl[cable law.Lender shaq be entitled to collect s.
<br /> � i all expens� incurred in pursuing the remedies provided in this paragraph 21,including, but not limited to,reasonable .,,,,
<br /> � attorneys'fees and costs of title evidence. ;:.^�.��'�'�
<br /> � If the power ot sale is invaked,Trustee shell record a notice of default in each county in w h ic h any pa r t of the :Y4n, ��
<br /> i Property is located and shall mail copies of such notice in the manner prescribed by appltcable law to Borrower and to the .. ,,;;. -��
<br /> .;.
<br /> � other persons prescribed by applicable law.After the time required by applicable law�Trustee shall give public notice of T
<br /> sAle to the persons and in the manner prescribed by applicable law.Trustee,wtthout demand on Borrower,shall sell the
<br />" Property at public auction to the high�t bidder at the time and ptace and under the terms designated in the notice of sale
<br /> Form 3028 9/80
<br />= Pags 6 0�8 Imtialt�
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