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<br /> 16.Borrawer's Copy. Borrowcr shall bc givcn onc conformed copy of ihe Notc and of this Sccurity InstrumcnG _
<br /> 17.Transfer otthe Property ora Beaefict�l Interest ia Borrower. If all or any pan of thc Praperty or any intcrest in it is • .
<br /> sold or trnnsfcrred (ar if a bencficial interest in Borrawer is sold or vansfcrred and Borrowcr is not a naturalpersan) without .
<br /> l.ender's prior written consent,l.ender may,at i�s o�tion,rcyu'ue immediate paymenl in full of all sums secured by this Securiry
<br /> Instrument However, this option shall not be cxerciscd by Lender if cxcrcisc�s prohibikd by fcderal law as of ihc dale of this ,
<br /> Sccurlty InstrumcnG °
<br /> If Lender exercises this opdon,Lcnder shaA give Borrower nodce of accelerauon.The noUce shall provide aperiod of not less -
<br /> than 30 days from the date the nodce is delivercci ar mailed within which Borrower must pay all sums secured by this Security
<br /> lnstrumenG If Bonower fails to pay�hese sums prior to the expirapon of this period,L.ender may mvokc a��y remcdies permiued �
<br /> by thls Securiry Inswment without further notice�r demand on Borrower. �r,�
<br /> 18.Boreower's Right to Reinstate. If 8ortower m�cts ccrtnin condidons, Borrower shall have the right to havc , .�_�'-_
<br /> cnforcement of this Security Insonuuent discontinued at any timc prlar to the earlier of: (a) 5 days (or such other period as =_-
<br /> appGcabla law may specify for reinatatcment) bofora sale of the Property pursuanc to any power of sale contained in this Securlty _
<br /> Instrument;or(b)entry of a judgment enforcing this Securlty InstrumenG Those conditions ase that Bonower:(a)pays Lender all
<br /> sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b)cures anY
<br /> default of any other covenants or agreements;(c) pays all expenses incurred in enforcing this Security Instrument,including,but `
<br /> � I not limited to,reasonable attorneys'fees;and (d)takcs such action as Lender may reasonably requue to assure that the lien of this _
<br /> Seciuity Insuument, Lender's ri�h�s in the Properry and Borrower's obligation to pay the sums secured by this Security
<br /> Instrument shaU continue unchanged. Upon reinslalement by Boaower, this Security Instrument and the obllgations secured
<br /> hereby shall remuin fully effective as if no accekration had occurred.However,this iight w reinstate shall not apply in the case of I
<br /> • acceleradon under paragraph 17. •
<br /> • 19.Sale of Note;Change of Loan Servicer. Thc Note or a partial incerest in �he Notc (together with this Security
<br /> ' Instrument)may be sold one or more times wiihout prior notice to Borrower.A sale may result in a change in the endty (known
<br /> as the"Loan Servicer")that collecu monthly payments due under the Note and this Secunry Instrumen�There also may be one or .. �
<br /> morc chsu►ges of the L.osui Servicer unrelated w a selc of the Note. If there is a change of the Loan Servicer,Borrowcr will bc
<br /> given written notice of the change in accordance with paragraph 14 above and applicable law.The notice wiU state the name and �� �
<br /> � addmss of the new Loan Servicer and the address to which payments should be made,The noqce will silso contain any other �..�
<br /> � information required by applicable law. ^
<br /> 20.Hazardous Substances. Borrower shell not cause or pertnit the presence, use, disposal. storage, or release of any E�.-
<br /> Hazardaus Substances on or in the Property. Borrower shall not do,nor allow anyone else to do,anything affecung the Property . ��
<br /> that is in violauon of an}�Env¢onmcntal Law.7tte preceding two sentences shall not apply to the presence,use,or storage on thc ��-'�_�;
<br /> - Froperiy uf sri�aii quenUUes of I Ia�ardaus Sut�t.:stces lhst sre Senerall+mcogni�"d t^ M s�PP*oPnate tn normal residential uses �:.. s
<br /> and to maintenance of the PropeRy. `•� �.�`�,
<br /> Borrower shall prompdy give Lcnder writtcn noticc of ony invesdgadon,claim. dcmand, lawsuit or other action by any j. 1��.�
<br /> govemmental or regulawry agency or private pa�ty involving ihe Property und eny Hazardous Substance or Envlronmental Law " ,t y;
<br /> of which Borrower has acWal knowkdge.If Barower Icams,or is noufied by any governmental or regulatary suthorlry.thut any i'M. `•;��.' .
<br /> removal or other remediadon of any Hazardous Substance affccting the Properiy is necessary, Borrower shall prompdy take all ��°i'� ��
<br /> � necessary remedial acdons in accordance with Env ironmental Law. . / ,�
<br /> ' As used in this paragraph 20,"Hazardous Substances" are those substances defined as toaic or hazardous substances by � ' Y _
<br /> ,� �nvironmentel Law and the following substanccs: gasaline, kerosene, other flammable or toxic petroleum �roducts, toxic ' ..^ .
<br /> pesticides and herbicides,volaWe solvents,materials containing asbescos or fomu�ldehyde, and radioacuve matenals.As used in , ��,,
<br /> �;' this paregraph 20,"Env'uonmental Law"means federal laws and laws of the jurisdiction where the Property is located that relate � � _
<br /> ; to health,safety ar environmenW protecdon. �T �
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<br /> � NON-UNIFORM COVENANTS. Borrowcr and Lcnder furthcr covcnant and agrec as follows: 'i�•�-'
<br /> 21.Acceleration;Remedies. Lender shall give notice to Borrower prior to accekration foUowing Borrower's breach of ;�:
<br /> any covenant or agreement in tbis Securlty Instrument (but not prior to acceleratton under paragraph 17 unless ^���y_ _
<br /> epplicuble Is►w provides otherwise).The notice shaU specify: (a)the detault;(b)the action required to cure the defaulh,(c) �_:;__�
<br /> � a dAte�not less than 30 days flrom the date the notice is given to Borrower,by whkh the default must be cured; and (d) ����-:_
<br /> that failure to cure the default on or before the date spec[tied in the notice may result in accelerallon of the sums secured �"�`�� .A
<br /> � by thts Secudty Instrument and sale ot the Property.The notice shall further intorm Boreower of the right to reinstate `.�"��-"°'�
<br /> ,y;.T_,4k�i�_°°-
<br /> �, after Acceteratton and the right to bring a court action to assert the non•existena ot a default or a�►y other defense of _
<br /> Borrower to acceleration and sak. It the default is not cured on or before the date spec[fied in the nouce,Lender�at its
<br /> - � option,may require immediate payment fntull ot aU sums secured by this Security Inatrumept without further demand `�'ru � '^q.�;;�"���
<br />� and may invake the power of sak and eny other remedies permitted by applicable law.Lender shall be entttled to collect �. • �.•
<br /> I all expenses 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 /> j If the power of sale L� invoked,Trnstee shall record a notice of default in tach county in whtc6 any pert of the ..•
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<br /> Property fs located and shall mati copies of such notice in the manner prescribed by applicable law to Borrower ae�d to the .
<br /> other persons prescribed by applkable law.Af'ter the time required by applicable law,Trustee shall give public notice of
<br /> �� sale to the persons and in the manner prescrtbed by appltcable law.Trustee,wtthaut demand on Borrower,shall sell the
<br /> Property at public auction to the highest bidder at the time and place and under the terms designated in the nottce ot sale •
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<br /> Form 3028 8�90
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