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<br /> ; ; , t 7. Transfer of tho Proporly or a Beneflcial Interest In Borrower. it au or any part of the !'ropBAy or I
<br /> eny interest in It Is sold or transterred (a ii e bene�iclal Interest in Bortower Is soid or trensferted and Bonower Is not a natural
<br /> � person) without Lende►'s prior wririen consen�Lender may.at Its optlon.requke immedlato payment In full oi all sums secured by �
<br /> thls 3ecu�ity Instrument. However, thls opllon ahall nut be exerclsed by Lender If axerclse Is prohibitod by tederal law as of the I
<br /> � dnto 01 this Socurity Instrument- � i •
<br /> , II Lender oxercises this optlon. Londer shall gNe Borrower notice of acceleratlon. The notice shull provlde a perlod o1 not � �
<br /> i less then 30 days irom the date tho notice Is dellvered or maUed wuhln whlch Borrower must pay all sums aecured by thls I —
<br /> Securlty Instrument. II Borcower falls ta Pey Ihese aums prbr to ihe expiratlon of thln period. Lender mey Invoke any remedies � `
<br /> permftted by this Security Instrument without luRher notice or demnnd on Borrower. �
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<br /> � � 18. Borrower's Right to Relnstate. If Borrower meots certan conditlono, Borrower shall have the rlght to have I
<br /> � onlorcement of thla Secudty Inatrument discontlnued et any tlme prior to the earller oi: (a) 5 deye (or such other pedod ae � -,V;
<br /> iepphcable law may specily lor rolnstatement)h�toro snle ot the Properry pursuanl to eny power o1 sale contained In thls Securlty Q
<br /> I Instrument: or(b) entry of a Judgment enbrcing thls Securiry lnatrument.Those condltlons are lhat Borrower. (a) pays Lender all I y�,,��
<br /> sums whlch then would be due under iMs 3ecudry Inetrument end the Nete ns If no acceleretlon had occurted: (b) cures any -:;
<br /> ' detault of any other covenant or agreemente:(o)pays alt expenses Incurred In enforcing thls 3ecurity Instrument, Including, but =—
<br /> '� npt Nmited to,reasonable attomeys'fees:and(d)tnkes such actbn as Lender may reasonabty raqulre to essure that the Iien of ,�'x�_
<br /> this Secudty Inatrument, Lender's righte In Ihe Propedy and Borcowers obllgation to pay the sums secured by thls Seeudty ,. ,___
<br /> Instrumont shaq continue unchanged. Upon relnstatement by Borrower, thls Securfty Instrument and the abllgettoln theccase ��t`-^
<br /> hereby shali remaln fuity e8ective as If no accelemtlon had occurted. However,thls dght to rolnstate shell not appty �-��
<br /> ' of acceleration under paragraph 17. _
<br /> � 19. Sele Of NOtA; Change of loan S8tY1C8�. The Note or a a pflrtlal Interest In the Note (together w�th thls
<br /> � Security InstNment)may be sold one w rnore times withoul ptior noUrs to Bortower.A sale may reauft In a change in the entfty
<br /> ' (known as the"Loen Servlcer')that aolleato monihy payments due under the Note and this 3ecurity Instrument. There also may
<br /> be one or more changea of the Loan SeMcer unreleted to a sale of tha hote. It there is a change of the Loan Servicer.
<br /> r I Borrower wlll be yiven wrltten notice ot lhe change In accordance w�h paragraPh 14 above and nppilcabie law. The nottce wdl _
<br /> state the name and address ot the new Loan Servicer end the addreas to whfch payments should be made. The noUce wiil also ,
<br /> f contain any other Inlormation requlred by appllcable law. , �i :
<br /> 20. Hazardous Substanees.Borrower shau not cause or Damut the presence, use, dloposal, storage, or releaee of ,:_�`
<br /> ., any Hazardoua Subatances on or In the Properry. BoROwer ahall rwt do, nor aliow anyone else to do, anything atfecting the h....,,
<br /> to the presence, use, or •��-
<br /> ' Properly that Is In violatlon oi any Envkonmental Law. The preceding two sentences shall not apply _
<br /> storage on the Property ot small quantitlen of Hazardous Substences that are generally recognfzed to be approprlate to norm�l :.
<br /> � •+ residentlal uses and to maintenance of the Properly. -:�:�
<br /> - Bortower shaY prompty give Lendor written notice of any InvestigeQon, claim, demand, lawsult or other actton by any � �,j
<br /> • gavemmental ar regutatory agency or private parry (nvolving the PropeAy and eny Hazardous Subatance or Environmental Law of .:'.�.��
<br /> which BoROwer has actual knowiedge. If 8orrower leams, or is natihed by any govemmental or regulatory authority, that any _�y�;^^�=
<br /> removal or other remediation of any Hnzerdous 3ubstance afleeting Property Is necessary, Bortower shall prompUy take all •;�j��s'`�_
<br /> � neceseary remedlal actlons in accordance wNh Environmental Law. :'.,�:,�.
<br /> % I As used In thla paragraph 20, "Mezaraous 5ubsiancna' a�n ii�tisc subsiancaa daflned as!oxlc or hezer�!oua substancea by '�
<br /> ' ' Envlronmentel Law and the followfng substances: gesoiine, kerosene, other flemmable or toxia petroleum products, toxlo �•.� _
<br /> i � � �1��,���_..�.
<br /> E . pesticldes end herblcides. voletile solvents,materlals contalning esbestos or fortnaldehyde,and radloaotiva matarlals. Aa uaed In _
<br /> ; i peragraph 20, "Environmental Law' meens lederal laws and laws ot lhe Jurtsdiction where the Property Is Iocated thet relate to �--
<br /> � , heatth,satery or environmental protectlon. �w-`=
<br /> � � NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as foNows: "����
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<br /> � 21. Acceleratlon; Romedles. Lender ahall give notice to Borrower prlor to accdorttion
<br /> �I following Borrower's breach of any covsnant or agreement in this Security Instrum�nt (but not _
<br /> . prior to acceleration under paragraph 17 unleas applicable law provides otherwise). Th� notics ���--
<br /> ; I shall specify: (a) the defaul4; (b)the actlon requlrad to cure the defauit; (c) a datw, not lors than �—n.-
<br /> � 30 days from the date the notice ia given to Borrower, by whiah the default must b� cund; and �-
<br /> � (d) that failure to cure the defeult on or before tho d�te spectfied In th� notiae may r�ault in «�
<br /> i acceloration of the sums secur�d by this Security Inatrument and sale of the Property. Th� notice —____
<br /> � ' shall further inform Borrower of tho right to reinstate after acceleration and tha right to �ring a �S°..,_
<br /> � ' cou�t actton to essert the non•existence of a dofeult or any other defsnse of Borrow�r to ���, _
<br /> c?n�a�.'•°
<br /> � accelaration and sale. If the default is nat cured on or before ths date spscffied in th� notta�, ,;��-_
<br /> � � + Lender at ite option may requiro immediate payment in full of all auma securad by thia Sacurity `�,��-
<br /> , 1 Instrument without further dernand and may Invoke the power of sale and any other romedtos ._,?_,� __
<br /> . permitted by appltcable law.Lender shall be entitled to collect alt expens�es incurred in pursuing --
<br /> the remedies provided f� thia paragraph 21� Incl uding, but not IltnRed to, reasonable attorneys' -;�,,,�
<br /> I fess and costs of title evidence. �� - 'V-�`'
<br /> � If the power of salo is invoked, Trustee sha11 record e notice of default in oacb county tn .K;; ".�t„�v�•
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<br /> which any part of the Property ts located and shall mafl copies of auch nottce in the manner • -•�`��
<br /> � prescribed by applicable law to Borrower and to the other perovns prescribed by applicable tew. � �
<br /> ; After the time required by applicable law, Trustee shatl give public notice of sale to the peraons
<br /> and in the menner prescribed by applicable Iaw. Trugtee. without demand on Borrower, shall sell
<br /> the Property at pubiic auction to the highest bidder at the time and place and under the terms
<br /> designated In the notice of sale in one or mora parcels and in any order Trustee determines.
<br /> , Trustee may postpone sale of all or any parcel of the P�operty by public announcement at the
<br /> � time and plsce of eny previously scheduled sale. Lender or its deaignee may purchase the
<br /> , Property►at any sale. �
<br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's I
<br /> deed conveying the Property. Tha recitais in the Trustee's deed shall be p�ima facle evidence of
<br /> the truth of the statements made therein. Trustee shall appty the proceeds of the sale Iro tho ,
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<br /> following order. �8� t0 atl coats ancf expenses OT 67C@TCISln9 i�1H Fiuriui v� omo� 8�.v •..o �.��
<br /> including the payment of the Trustee's fees actually incurred, not to exceed three
<br /> 9'0 of the principal amount of ths
<br /> note at the time of the declaratlon of default, and reasonable attornoy's fees as permttted by law; '
<br /> (b) to all sums se�cured by this S�cu�ity Instrumenl; and (c) any dxcess to the person or persons
<br /> legally entitled to it.
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