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<br />� l7.Transfer of the Froperty�or a BeneficIal Inierest 1n Borroes�er.If all ur:iny pan uf the Propen}•or any interest in it _ . � �_
<br /> is�old or trdmferred tor if a beneticial interest in Borrower is sold or tran.ferced and Borrower ia noi a natural pe:'son)without .�
<br /> Lender'ti pnor written consent. L.ender may. at its uption, require immediate payment in full of:ill sums �v�urYd by this . • �.
<br /> Security Intitrument. Hou•e��er, this option�hall not be exercised bq Lender if exerci.r i,pruhibitui by fuieral law a+of[he dare } . . ;� �
<br /> uf thiy Securiry In�wment. :_
<br /> . ` If ixnder exercises thi,e�ption. Lender�hafl gi�e Horcower notice o1 arceleratiun.Thr notice�hall provide a period uf not , .
<br /> less tlian 30 days from the date the notice is delivered ar mailed�within which Borrow•er must pay all sum.s secured by this ' . , . .
<br /> � Security Imtrument. [f Borrower fails to pay these sums prior to the expiration of thes period. Lxnder may invoke any remedi� ; . .
<br /> �-':S pernvtted by this Secunty instrument without Curther notire or demand on Borro�ver. -:—`T:�r::-:;: : ` __
<br /> hall have the right to have
<br /> • 18. Borcower's Rlght to Reinstate. If Borrower meets certain conditions. Borrower � •
<br /> ' enforcement of this Security Instntment discontinued at any time prior to the earlier of: ia)5 days (or such other period as , ,
<br /> applicable law• may specify for reinstatement) before sale of the Property pursuant to any power of sale contained in this . ,�,� ''
<br /> Security Instrument;ar(b)entry of a judgment enforcing this Security Insvument.Those conditions are that$orcower:(a)pays ` 5 �.;_ :;,v,.�_,;,,.��.�
<br /> ' ; Lender all sums which then would be due under this Security Inswment and the Note as if no accelcration had occurnd: (b) - - -� � •,- �� -. -
<br /> cures any default of any other covenanu or agreementr, (c)pays all expenses incurred in enfqrcing th'ss Security Instsument. � .� � 't` _
<br /> ":�r_., ., .
<br /> iacluding,but not limited to. reasonable attorneys' fees: and(d)takes such action as Lender may reasonabl} r�quire to assure �:
<br /> : .,�; ,-*±.1= --
<br /> '� that the lien of this Security Instrument.Lender's rights in the Property and Borroaer's obligaeion to pay[�e s�..�s secured by ..:._�__
<br /> i:•
<br /> this Securit} Instrument shatl continue unchanged. L�pon reinstatement by Borrouer, t h i s S�cun ty Irr�"�:-�.nt and the ;s�-� �-�.,�s=
<br />'�:y=i2�(; obli�ations secured hereby shall remain faslly effective as if no aa�leration had occurred. Ho�tie��e-, this right to reinstate shaU __ _ _ _ _
<br /> �•-s�•' not apph in the case of acceleration under paragraph 17. _ �= � . '. �
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<br />' •�,�4 19. Sate of Note; Change of Loan Sfrvicer. The Piote or a panial interest in the Note (together with this Securn�} _r,:::°°---� _..•-----•Y____'
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<br /> Iristrum�lt�ma} be sold one or more tim�s�ti�ithout prior notice to Borrower. A s a le may resu l t in a c h a n g e in the enti ty(kr:own •;�.ti, --,�:_4_�
<br /> ° as the"Lo:.n Senicer")that coflecu monthly�paymenu due underthe Note and this Searity Tnsttument. There:�so may b+z one `�i'�:'.�••.� :�` -�-x,,-�^a�_
<br /> • or more cha.�ges of the Loan Servicer e�sirelated to a sale of the Nore. if there is a change of the Loan Servicer.Borrower wili be `,�=^-`.�. ,� ;-A—
<br /> ' given written notice of the change in acrortiance with paragraph 14 above and applicable law.The ao:ice will s.ate the nam�and : '�' ^`.� :�,<<..Y,' `s-�:
<br /> address of the new Loan Servicer and the address to which payment, should be made. The not;c�will also conlain any oFher •�•!+����` d �� _
<br /> infortnation required by applicable law. ���''�� �`_ __-
<br /> 20. Hazardous Substanees. Borrower shall not cause or rmit the resencz_ use, dis usal, stora�e. or release of any - •�'�'� #
<br /> Pe P P o ; �..s��.• '•, t..;_�.,:,
<br /> Hazardous 5ubstances on or in the Property. Borrower shall not do, nor allow an}�one else to do, am*.hing affecting the '.• • ��_:, ° •� r•-
<br /> • Propeny that is in violation of any Environmental Law. The preceding two sen.ence�shall n� 1 to the resence, use. or �:�t 3;%;•�• _�� .
<br /> r -=Y P Y P y� r, , '.`'�'"-,
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<br /> storage on the Property of small quanuties of Hazardous Subs¢ances that are genen...11y recogr.;z�i to be appropriate to nerr^.al ��; �•t �
<br /> residential uses and to maintenance of the Propeny. ?�y �� ' �' "
<br /> . Borrower shall promptly give Lender written notice af any investigation,c`:ai:n,demand, lawsuit or other action hy any :�,,`�kj' �' ._ 5 {����„ '
<br /> governmental or regulatory agency or private party involving the Property and��y �3azardous Substance or Em ironmental Law 2s;�;;:•, . . r� ,°.,r::'+
<br /> ��: �' �:':.;-
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<br /> of which Borrc�wer has actual knowledge. If Borrower learns, or is notifie� b}•asi� governmental or regulatory authority, that �i,�;�t�� .. „. .-. : -
<br /> '�� any removal ar other remediation of any Hazardous Substance affectina the Prope;ty is necessary. Bortower shall promptly ta.Fe '4�t""" _
<br /> ,.�.
<br /> _,•9. ap necessary remedial actions in accordance with Em�ironmental Law• f���,�tt��� 4 =
<br /> ::;��;•; � -�
<br /> ;;;;�E;. As used in this paragraph 20. "Hazardous Substances" are thos� substances defined as toxic or hazardous substances by ,.
<br /> '� Environmental Law and the fo l lowing su bstances: gaso line, kerosene, other tlammable or toxic petroleum products. toxic �
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<br /> esticides and herbicides,volatile solvents,materials containing asbestos or formaldehyde,and radioactive materials.As used in j�;.'�
<br /> :_ this paragraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that �;E�.� , `
<br /> relate to health,safety or environmental protection. ���;r'•' -
<br /> N01V-UNIFORM COVENANT5.Borrowe�an d L en der furt her covenan t a n d a g r e e a s f o l l o w s: _ • ..�. '��j� _ .
<br /> � 21.Acceleration;Remedfes.Lender shaU gtve nolIce to Borrower prior to acceteration follo�ring Borrower's breach - ' �-,'.�
<br /> • , of uny covenant or agreernent in this �ecurity Instrument (but not prtor to acceleration under paragi�aph 17 unless ^�_ ��^��6
<br /> applics�bte law provides otherwise). The notice shall sperlfy: (a)the default; (b)the act[on requtred to cure the default; �-�"���
<br /> c f�`'
<br /> .;�:"'�:j (c)s�date.not less than 30 days Yrom the date the nottce is glven to 9orrower.by which the default must be cured;and
<br /> �, (d)that fallure to cure t6e default on or before the date speciSied in the notice may result tn accelesation of the sums ���`
<br /> :i,.f;;: �� secured by thts Security Instrument and sale of the Property.The notice shall further inform Barrower of the rfght to _
<br /> :���r' reinstate after acceteratton and the rlght to bring a court aMion to assert the noa-extstence of a default or any o¢�Cer =='�=`
<br /> ;,:.,: J'
<br /> • � defense of Bosroc�er to acceleration and sale. If the default is not cured on or before the date specified in the e:�aine, �`"`""���:-_
<br /> � •f Ir.nder, at tts optlon, may require immediate poyment in full of all sums secure� by this Security Instr�ment�v�i3��cst '"`�'''.-
<br /> further demand and may invake the power of sale and any other remedjes permitted by appilcable law. d.ender sbav be
<br /> �'.: � entitled to colled all expenses incurred in pursuing the remedles provided in this paragraph 21,1nc1uding,m�:t not i_.�::ited _ � ��°"-
<br /> � : �� to,reasonable attorneys'fePS and costs of title evidence. �� ��
<br />,?,,,;;ry....� lf the power of sale is invoked,TrusteP shall record a nottce of default in each county In which any part o7¢he � `!�'�� Y, ,
<br /> ^ �:-w,,..-.
<br /> �{; , Property is located and shall mail copies of such notice in the manner prescribed by appllcable Iaw to Borrower and to �� •"K�-
<br /> • � � the oiher persons presca��by appllcable law.After the tlme required by appllceble law,Trustee shall give publlc notice � ���'��•�°'-
<br /> �- `'' ;. of sale to the persons�r9 in the manner prescri6ed by appliceble la�v.Trustee,without demand on Soero�ver,shall sell . �—
<br /> "`� ��- the Property at publi���tzlon to the hlghest bidder at the tlme and place and undeT the terms designated in the notice of _ _ ���-�+-.-R_.
<br />:;�:.. � ; . ..---�i.,...;-- .. _
<br /> ' ''. ` sale in one es more parcels and in any osder Trustee determines. Trustee may pos4pone sa:P of all or any parcel of the f.
<br /> .� � Property bs pabllc ar�nouncement at the time and place ot any prev[ously scheduled s��. Lender or its designee may '�""'_::�-_'�;;<; ;
<br /> purchase tne Property�t any sale. �--�r,.l:s��• .f'; _
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