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<br /> • � 17.TransPer ot the Property or a Beneficial lnterest in Borrowcr. If all or any part of thc Prop�or any interes�in ic
<br /> � is sold or transfcned(or if a heneficial interest in Borrower is sold or transfened and Borrawer is not a na[ural person)withouc _
<br /> � L.ender's pdor written consent. Lender may, at its option. requirc immediatc paymeiu in fuli uf all sums sccurcd by this • • :
<br /> Security Insttvment.However,this option shall not be exercised by Lender If exercjse is prohibitcd by federal law as of thedatc
<br /> � � � of thts Security [nstrument. �
<br /> •� I If Lender exercises this option, Lender shall give Borrawer notice of acceleration.The notice shall provide a period of noc
<br /> less than 30 days from the date the notice is delivered or mailed within which Bonower must pay all sums secured by this : �,�;,,� ,,�
<br /> � Securlty Instrument.If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remcdies , � ; :;_
<br /> ' permitted by this Security instrument without funher notice or demand on Borrower. ..•:+�� s;z
<br /> � I18. Borrower's Right to Reinstate. If Barrower meets certain conditions, Bonower shall have the right to have F r� ��.,s
<br /> � enforcement of this Security Instrument discontinued at any time prlor to the earlier of: (a) 5 We S of sale c ntained ilnth�s �
<br /> applicable law may specify for reinstatement) before sale of the Proper[y pursuant to any p : .'=, __��'��=—
<br /> � � Security Instrument;or(b)emrY of a judgment enforcing this Security Instrument.Those conditions are that Borcower: (a)pays
<br /> Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) ;.;:__
<br /> � cures any default of any other covenants or agreements;(c) pays all expenses incurred ln enforcing this Security Instrument, �:r f'�-,__
<br /> � � including,but not limited to,reasonable attorneys'fees;and(d)takes such action as Lender may reasonably require to assure .� �n: •
<br /> �� thut the lien of this Securiry Instrunient, Lender's rights in the Property and Borrower's oblitgasl Secunty I uuun ent cand�thc
<br /> � this Security Instrument shall continue unchanged. Upon reinstatement by Bonower, t �
<br /> � obligations secured hereby shall remain fully effective as if no acceleratlon had occuned. However, this right to reinstate shall
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<br /> � not apply in[he case of acceleration under paragraph 17.
<br /> , � 19. Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security ���
<br /> Instrument)may be sold one or more times withaut prlor notice to Borrower. A sale may result in a change in the entiry (known .,,.Ty.
<br /> 1 � as the"Loan Servicer")that collects monthly payments due under the Note and this Securi[y Instrument.There also may be one •
<br /> , or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the L.oan Servicer,Borrower will be ,:�;.y
<br /> '�,� given written notice of the change in accordance with paragraph 14 above and applicable law.The notice will state the name and w.F•_
<br /> address of the new Loan Ssrvicer and the address to which payments should be made. The notice will also wntain any other ,:;�,;v;';��_
<br /> ` � information required by applicable law. '�n'
<br /> 20. Hazardous Substences. Bonower shall not cause or permit the presence, use, disposal, storage, or release of any �,,,.—
<br /> � i Huardous Substances on or in the Property. Borcower shall not do, nor allow anyone else to do, anything affecting the �,���
<br /> - Propeny chat i� i�i viatation of an, En�irQnmenta!i.aw.The precedinQ two sentences shall not apply to the presence. use, or ��_ _,__
<br /> storage on thc Property of small quantities of Hazardous Substances that are generally recognizecl to be appropria�C tv��i�iiial —�---- _ -
<br /> residential uses and to maintenance of the Property. --
<br /> Borrower shall promptly give I.ender written notice of any investigation, claim, demand, lawsuit or otLeer action by any _�
<br /> governmental or regulatory agency or private pany invoiving the Property and any Hazardous Substance or Environmental Law �:r-�-
<br /> of which Borrower has actual knowlcdge. If Bonower learns, or is not�fied by any governmental or regulatory authoriry, that ��
<br /> any removal or other remediation of any Hazardous Substance affecting the Property is necessary,Bonower shall promptly take ��
<br /> � all necessary remedial actions in accordance with Environmental Law.
<br /> ` As used in this paragraph 20. "Hazardous Substances" are those substances defined as toaic or hazardous substances by j��t
<br /> Enviranmental Law and the following substances: gasoline, kerosene, other flammableaor�i�ipacdve ma er�alsa As used in
<br /> pesticides and herbicides,volatile solvents, materials containing asbestos or formaldchyde, rt —
<br /> r. chis pazagraph 20, "Hnvironmental Law" means federal laws and laws of the jurisdictlon where thc Propeny is located that __
<br /> '• relate to health,safety or environmental protection.
<br /> �. NON-UNIFORM COVENANTS. Bonower and Lender further covenant and agree as follows:
<br /> 21.Acceleratton;Remedies. Lender shaU give notice to Borrower prior tu acceleratton following Borrower's breach
<br /> ' � of any covenant or agreement in this Security Instrument (but not prlor to acceleration under paragraph 17 unless -
<br /> � epplicable law prov[des otherwtse).The nottce shall specify: (a)the default; (b)the act[on required to cnre the default; __
<br /> ' (c)a date,not less than 30 days from the date the nottce[s gtven to Borrower,by which the default must be cured; and
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<br /> (d) that faUure to cure the default on or before the date specified in the nottce may result in accelent[on of the sums �___
<br /> y secured by this Securtty Instrument and sale of the Property. The notice shail further inform Borrower of the dght tv E �
<br /> reinstate after accelerat[on and the right to bdrtg a couM actton to assert the non-existence of a default or any other F�=-��
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<br /> defense of Borrower to acceleratton and sale. If the default is not cured on or before the dmte spec[fied tn the notice, -
<br /> Lender, at its optton, may require immed(ste payment in full of oll sums secured by this Securtty Instrument w(thout -_ LL �
<br /> � further demand and may invoke the power of sale and any other remedies permitted by appl[cable law.I.ender shall be
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<br /> entitled to collect ull expenses incurred in pursuin�the remedies provtded In this paregraph 21, including, but not Itmited �n} ---:
<br /> to,reasonuble nttorneys' fees and costs oF title ev[dence. "�"�` .
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<br /> lf the powcr of sale Is invoked, Trustee shail record a notice of default In each county in whtcl►any part of the . ,,
<br /> Property is located and shall mail copies of such not(ce in the monnei prescrtbed by appltcable law to Burrower snd to .,,..�� Y .,.,y.,,,�_=;,
<br /> the other persons prescribed by applicable luw.After the time required by apRlicable law,Trustee shall give public notice .,,�`
<br /> of sale to the persons and tn the manner prescribed by applicable law. Trustee� without demand on Borrower, shall sell ` �;�� �•. '
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<br /> the Property at pubiic auction to the highest btdder at the time and place and under the terms deslgnated in the notfce of �-�,�.�;.��.`�;�:
<br /> Propertynby publtc announ ement at the i me a dt place orf any pre tously chedule�d ss�le.l Lender or its designee may �
<br /> purchase the Propecty at any sale. •
<br /> .� Form 3028 9190
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