. 1 .
<br /> . .. ,:.._..--�-- � �" � �
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<br /> + 17. Tra�efer of thn property ar a Beneftcial ItYtereat In Borrower. i� eii or any paR o4 the Property ot •
<br /> any interest In It Is sold �r iransferre� (or I1 a benoficlsl Interest In Bonnwer Is sold or trensterred and Borrower Is not a natural �
<br /> porson) wBhout Lendor's pnor written conaent, Lender may.at Its optlon.requke Immedlato payment in full ol nll suma securad by
<br /> lhis Socuriry Inslrument IlowovUr. ihla optlon 3heN not be exerclsed by Lender N exnrcise lo prohibltnd tfy toderel Inw ae ol Iho C� I —
<br /> dalo ol thls Sacurity Inntrumont. �_
<br /> ' If Londer oxarctsos thl� uptlon, Lender ohell glve Borrower notice ot eccoloretlon. Tho no�ice shall pravido a parlod ol not � � n-
<br /> � less then �0 deya lrom the dato tho notice la dellverod or melled withln whlch Borrowor must pay ell oumn aecurod by thls � i ;�"
<br /> Socurlry Inslrument. If Bonowor IeNs to pey�haoe aums pdor to tho explretlon ol lhls perlod. Lond�r may Invoko eny remedlea .., �
<br /> ipeimlttad by thln Securlly Inatrumont wlthout turther notico or demend on Borruwer. .
<br /> ' 18. Bor�owo►'s Right to R�itlst�t�. II Bor►ower meets certaln condltlons, Borrower ohall have !hA n�ht to hevo� i ._
<br /> entorcemeM of Ihls Security Instrument dlscontlnued at eny tlme prlor to Ihe earllnr of: (n) S day3 (or such other period ae � -
<br /> appllcable lew mey speclty tor relnatatement)before sale of the Property purauent to any power ot sale conte�ned m th�a Securuy �•� I •
<br /> Instrument:or (b) entry of a Judgment enforcing thls Security Inatrument. Thosa conditlons are thet Bortower: (a) pays l.ender all ,_
<br /> sums whlch then would be due under this Secudry Instrument and tho Note as It no acceieretlon had occurced; (b) curea any ' _
<br /> default of eny other covc�nant or egreements: (c) peys all expenses Incurted In enforcing thla Securfty Inatrument. Including, but _
<br /> not Ilmited lo, reaeonabie ariomeys' feea; and (d)takes such actlon as Lender may reasonably requlre to assure thet the Ilen o1
<br /> this Securiry Ins�rument, L9nder's rlghts In Ihe Property and Borrower's obllgetion to pay the sums secured by thts Security , _;
<br /> � � Instrument shall contlnue unchanged. Upon relnstatement by Borrower, this Secudty Inst►ument and the obllgetlons secured �.� �
<br /> hereby she0 remaln fully effective es if no acceleratlon had occurted. However,thls dght to reinstete shall not appry In the ease �,�,�y,�;_�,,
<br /> of accelerelion under peragraph 17. . •���
<br /> 19. Sale of Note; Change of Laan Service�. Tne Note or a e partlal Interest In the Noce itogether with thls
<br /> Security Instrument) may be sold one or more times wfthout prior notice to Banower.A sale mey result In a chenpe In the entity .
<br /> (known asihe 'Loen Servlcer') that collects monthly payments due under the Note and ihls Secudry Inatrument. There also may .��,� �-----
<br /> be one or more changes of the Loan Servicer unrelated to a sale ot the Note. If there Is a change of the Loen Servicer,
<br /> Borrower vril bo given wrltten notice of the change In accordance with paragraph 14 above and appllcabie law. The notice wlil
<br /> state the neme and address of the new Loan Servicer and the address to whlch payments should be mede. The notice wlll also
<br /> contain any other Informatlon required by applicable law.
<br /> 20. Hazardous SUbsta11C88. Borrower shall not cause or permlt the presence, use, disposai, storage, or release of
<br /> any Hezardous Subatances on or In the Property, Borrower shali not do, nor ailow onyone else to do, anything attecUng the
<br /> ' property thet is In violation ot any Envlronmental Law. The preceding two sentences ahalt not apply to the presence, use, or
<br /> storage on the Property of small quantltie� of Hezardous Substances that are generalty recognlzed to be approprlaie to nortnel
<br /> � resldential uses and to malntenance of the Property. ��_
<br /> Borrower shell promptly give Lender written notice of any Investlgatlon, clakn, demand, IawsuR or other actlon by any
<br /> � govemmeMel or reguiatory agency or private party InvoNing the Properly and any Hazardous Substance or Environmental Law of
<br /> - which Sarower has sctual knowledge. If Borrower leams, or Is notified by any govemmentai or regulatory authorlty, that any � :.
<br /> removal a other remedlstlon of any Hazardous Substance affeeting Property Is neceasary. Borrower shall promptly take all : �;.
<br /> `;,. •
<br /> „ecae5ary�emedlal actlan�Ir, accordsnce :�fth En�iror.mer.t?I Lew ' --
<br /> Aa used In thls paragreph 20, "Hazardoua Substances' are those substances defined as toxlc or hazardous substnnces by � i
<br /> E n v l ro n m m t a l L a w a n d t h e f o l l o w i n g s u b s t a n c e s: g a s o l l n e, k e rose ne, other flemmable or toxlc petroleum produets, toxle �,���; �;�!y��,
<br /> pesticldes end herbicides,volatile soNents,materiais contalning asbostoa or tortnaldehyde, and radloactive meterials. As uaed In „ ?y;�; ;��>
<br /> paragraph 20. 'Envirunmentel Law" meanss federel iaws and Iaws oi the JurisdicUon where the Properly la tocated that releta to �, ;�� _
<br /> health, sefey w environmental protectlon. x � `�� -
<br /> NON•UNIFORM COVENANT3. Bortower and Lender further covenant and agree as foliows: ., �� ' f►,,:�
<br /> 21. Acceleration; Remediea. Lender shall give nottce to Bo�rowsr qrlor to acc�l�r�tlon �. �.
<br /> foilowing Barrower's breach of eny covenant o� agreement In thta Security Instrum�nt (but not _.__, ,� _
<br /> prior to acceleratlon under paragraph 17 unleRS appticeble law provtdes othervvisr). The notic� �ti,�,�;;;—
<br /> shall spectty: (a) the default; (b) the action required to cure ths default; (o) a dpt�, not less than �':�:�
<br /> �.,---
<br /> � 30 daye from tha date the notice is gtven to Borrower, by which the default must be aurod; and �a'�•
<br /> (d� tf�ffi failure to cure the default on or before the date apecified tn the notic� may r�sult in �-•�^-� _-
<br /> acceleration of the sums secured by this Security Instrument and sale of the Prop�rty.7h� notic� :'��
<br /> ehall further inform Borrower of the right to reinstate after acceleration and th� right to bring a . -_, _
<br />' court actlon to assert the non-existence of a default or any other dafonsa ot Borrowor to ���
<br /> :.#:r��
<br /> _ Y acceleratlon and sate. If the default Is not cured on or before the date apecified in ths notics� , ___ _
<br /> � Lender at Its optfon may requtre Immediate payment In full of all sums secured by this Security •.-?`''°"�"° '
<br /> :�•`,�'�'x��:
<br />- instrument without further demand and may Invoke the power of sale and any other remsdies ' ���.:
<br /> - permitted by appltceble law. Lender shatl be entitled to coilect alt expenaes incurrad In pursuing `'-n--------_
<br />- the remedies provided In this paragraph 21, inciuding, but not Iimfted to. reasonable attornsys' . "�•-'�`
<br /> ,,.. ` .L �,
<br /> fees and costs of title evldenae. . •-! ;' �
<br />- If the power of sal• is invoked, Truatee shall record a nottce of default in each county In •�%��;,:`'�• �-
<br /> - which any part of the Property is located and shall mell capies of such notice in the manner " �
<br /> _: prescrlbed by appiicable law to Borrower and to the other pereons prescribed by appllcable IAw. � ;
<br /> After the time requtred by applicable lew. Trustee shall gtve public notice of sale 2o the persons .
<br /> and tn the manner prescribed by appltcable law. Trustee, wlthout demand on Borrower, shall sell
<br />- the Property at pubiic auction to the highest bidder at the ttme and place and under the terms � �
<br /> designated in the notice of sale in one or more parcels and in any order T'rustee determines.
<br />� Trustee May postpone sale of all or any parcel Qf the Property by public announcement at the �
<br /> time and place of any prevlously scheduled sale. Lender or its designee may purchase the
<br /> Propertyr at any sate.
<br /> Upon receipt of payment of the price bid, Trustee ahall del(ver to the purcheser Trustee's �
<br /> � deed conveying the Property. The recitals in the Trustee's deed shall be prima facle evidence of �
<br /> .�_ .....�w ..s �tie vae�o..,a.,�o ...odo �ho.otn Tr��afna ahali annlv tho nrnceods of the sale in the
<br /> : ...a ..,.... ... ..... ..........._.._— ••---- -.._._.... ------- - - � • • `
<br /> – following order: (a) to all costs and oxpenses of exercisfng the power of sale, and the sale,
<br /> - including the payment of the Trustee's fees actually incurred, not to exceed three
<br /> �'o of the principal Amount of the
<br /> noto at the time of the declaratlon of default, and �easonable attorney's fees as permitted by law;
<br /> (b) to all sums secured by this Security Instrument; and (c) any excess to the person cr persons
<br /> legally entitled to ft.
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