|
{,
<br /> .�,.
<br /> S-
<br /> �'9
<br /> � -
<br /> i , '
<br /> �I 98- 1��1'�3� ',�
<br /> � -
<br /> i 16.Barrower's Copy. Borrowcr shall bc given onc canformcd copy of thc Natc And o!thio Sccurity Insvurncnt. �
<br /> J 17.Transter ot the Property or a Beneficial Interest in Borrower. If ull ar any pnrt of thc Property or uny intcresl in it is
<br /> sold or transfcrred (or if a bencCcial,ntcrest in Borrowcr is sold or Vansfcned and Borrowcr is not a naturulperson)wuhout
<br /> Lcndcr's prior written conscnt,Lcndcr may,at i6v opGon,rcyuirc immcdiate paymcnt in full of all sums secured by this Sccurity
<br /> InstrumenG Howevcr,this option shall not bc excrci5cd by Lcnder if cxarcise is proh►bited by fcdcral law as of thc datc of�tii�; "
<br /> , Sccurity Instrumcnt.
<br /> If Lcnder cxereiscs this apuon,Lender shall give Borrowcr nopcc of accelerauon.The nodcc shail pravide aperiod of not lcss �
<br /> than 30 days from the datc the nodce is delivercd ar maiied within which Borrowcr must puy all sums sccured by this Security
<br /> Instrumen� If Borrowcr fuils to pay thesc sums prior to the expiradon of this periad,Lendcr may invoke any remedies permined
<br /> by this Sccuriry Insaumcnt without fucthcr nodcc or demand on Borrowcr. .�..::__
<br /> 18.Borrower's Right to Reinstate. If Hortawcr mcets certain condlpons, Bonowcr shall havc the right w havc v:�_�_
<br /> enforcement of this Security Instr�ent disconunued at any time prior to the earlier of: (a) 5 days (or such other period as
<br /> applicablc luw may specify dor reinstatement)befae sale of the Property pursuant to any power of sale contained in this Security
<br /> Instrument;or(b)entry of a judgment enforcins this Security InstrumenG'Itiose conditions are thet Borrower:(a)pays Lendc:r all
<br /> sums which then would be due under this Securiry Instrument and the Note as if no accelerauon had occurred; (b) cures any `�"!"=
<br /> � default of any other wvenants or agreements;(c)pays all expenses incurred in enforcing this Sauriry Instrumcnt,includins,but
<br /> not limited to,reasonable attorneys'fees;and(d)Wces such acdon as Lender may reasonably rcquirc w assure that the lien of Ihis
<br /> Sccurity Instrument, Lcndcr's rights in thc f'roperty and Borrowcr's obligadon to pay the sums sccurcd by this Sccuriry
<br /> Instrument shall continuc unchenged. Upon reinstatement by Borrower, this Security Inswmcnt and thc obligadons sec�ucd
<br /> hercby shall remain fully effecdve as if no acceleration had accurrcd.Howcver,this right to rcinstate shall not apply in the casc of
<br /> acccleration under paragraph 17.
<br /> 19.Sale of iVote;Cbange of Loaa Servicer. Thc Note or a partial intcrest in the Note (togethcr with this Sccuriry
<br /> Instrument)may be sold one or more times without prior nolice to Borrower.A sale may result in a change in the entity(known �. _�
<br /> as the"Loan Servicer")ihat coAccts monthly payments duc undcr the Note and this Security Inswmen�There also may bc one or �
<br /> � more changcs of thc Loan Servicer unrelated to a salc of thc Note. If therc is a changc of thc Loan Servicer,Borrowcr will bc �
<br /> t", given wriuen notice of the change in accordance with para�raph 14 above andapplicable law.'Ilie nodce will state the neme and �"�
<br /> address of the new Loan Servicer and the addras to wh�ch payments should be made. 'The notice will also contain any other '�"" ,
<br /> informadon requ'ued by applicable law.
<br /> � 20.Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal,storage, or release of any
<br /> Hazardous Substances on or in the Roperry.Borrower shall not do,nor allaw anyone else to do,anything affecting the Property •
<br /> � iiiai i�iu viulaiiun uf w�x EuviruuuiCaGsl Luw."Iiic NiwrAling iw�xuia�u:r�a1�all uui apply ic�ilic prc�cncx,u�c,ur�ic�rngc�u ihC --__ -- -
<br /> � Property of smaU quanuacs of Hazardous Substances that arc generally recognu.cd to bc appropriatc to normal residenual uses -F
<br /> } and to maintcnancc of thc Properry. � ;�,�
<br /> Borrower shall prompdy give Lender written nopce of any investigauon,claim,demand,lawsuit or other action by any
<br /> � governmental or regulatory agency or privaw party involving the Property and any Hazardous Substance or Environmental Law ,,i;�
<br /> of which Borrower has acwal knowledge.If Borrower leams,or is notified by any govemmental or regulatory authority,that any �t$�x
<br /> removal or other remediation of any Hazardous Substance affecting the Property is ncxessary.Borrower shall prompdy take all r'e��
<br /> necessary remedial actions in accordance with Environmental Law. '��=
<br /> As used in thts paragraph 20, "Hazardous Substances" are those substances defined as toxic or hazardous substances by s��'
<br /> Environmental Law and the foAoK•in substances: asolinc, kerosenc, other flammable or wxic ��"�
<br /> g g petrolcum products, toxic , .
<br /> pesticides and herbicides,voladle solvents materials containing asbestos or formaldehyde,and radioactive matenals.As used in ''��+"' --�--
<br /> th�s paragraph 20,"Environmental Law" means fcderal Isws and laws of the jurisdicHon where�hc Property is located thst relate '��'" =
<br /> � to health,�afcry or environmentsl protcction. ',�;�`�'�'+_, .�-
<br /> I •wx�.::,,
<br /> � NON-UNIFORM COVENMITS.Borrowcr and Lcnder fwthcr covenant and agrcc as foQows: , . ,
<br /> 21.Acceleration;Remedies.Lender shaq give not[ce to Borrower prtor to acceleratton follawing Borrower's breacd of ���'-'?��
<br /> � any covenant or agreement in tdis Securtty Instrument (but not prior to acceleretion under paragraph 17 unless ��':.�;i,:��c�
<br /> s�pplicable law provides otherwise).The notice ahall specify: (a)tbe default;(b)the action required to cure the detault;(c) . .,`v 4:
<br /> � a date,not less than 30 days trom the date the notice is given to Borrower,by which the default must be cured;and(d) �,,� r'�-
<br /> that tailure to cure the default on or before thedate specifted in the notice may result in aaeleration of the sums secured •��$;�� `
<br /> ��_
<br /> by t h i s S e cur i ty Ins t rument an d sa le o f t he P roperty.T he not ice s ha l l furt her in form Borrower o t the r ight tu re instate "�"
<br /> ' � tii�,.--
<br /> jafter acceleration and the right to bring a court action to essert the non•exLstence of a default ar any other detense of ��?'�a�•:'"��
<br /> Bonower to acceleration and sale.If the default is not cured on or before the date specifled in the notice,Lender, at its '"�`"� ''K
<br /> � option,may require imjnediate payment in full of all sums secured by thi�Security Instrument without fuMher demand ` '�v
<br /> i and may f�evoke the power of sale and any other remedies permitted by applicable law.Lender shall be entitled to collect
<br /> � all expenses incurred in pursutng 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 of sale Ls invoked, Trustee shall record a notice of defeult in each county In which any part of the
<br /> Property is located and shalt muil coptes of such notice in the manner prescribed by applicable Iaw to Borrower and to the
<br /> olher persons prescrlbed by applicable law. Atter the ttme reyu[red by applicable law,Trustee shall give publtc notice of
<br /> sale to the persons and in the manner prescribed by appllcable law.Trustee,without demand on Borrower,shall aell the
<br />_- Property at public auction to the highest bidder at the time and place and under ihe terms designated in the notice of sale
<br /> � Form 3028 9i90
<br />_ �-8R(N�)�esisl.o: Pago 6 oi 0 i�u�aie:
<br /> ' I
<br />—,'
<br /> 1
<br /> �
<br /> ..�f._. ..__. .. .. .........._.___ __. . _
<br /> . _._ ._._ . _ ________ _____
<br />
|