._. _—_.---�' ' ' � • . . ; . , . , .. .' ._._._.. �C -. _---,.`r-
<br /> . � �. < � ,. ;�
<br /> ` 18. BerrOWO�'8 Rlght 4o Reinstate. �t eorrower meets oertain condrtbns, eonower shan have the rtght to nave ' � ' � _
<br /> entorcamBnt ot th�s sacurity instrume�it Gbcanta�va�a!:ny t':.^•s pfhr?o the e���ot 1a1 5 days lor such oth6r p9riod es appl�abte ; .
<br /> 13w may specdy for rQinstatement}botore sete of the Property pursuant to eny power ot saFa conta�ed rt� t�is SseurRy Instrumank or � . , .�, ,•
<br /> (b) entry af a iudgment enforcirrg th�s Securily Instrumeru. Thosa con6itions are that Borrower. (a) pays Lender 8II �ums which then ! :
<br /> woutd be dua under th�s Securrty Insw�+t and th� Nata as iF no ecceteraticn n$d occurred: (b)eures cfny dataut! of any other� t �
<br /> ' covenant or agreements; (cy pays a1l expensss incurred in enforeing this Security Instrurr�ent. �ncluding, but not lunfted to. reasonab�e� t •
<br /> F '
<br /> � aSOmeys'tees: and (d)takes suth acWn as Lender may reasonaby�equire ta assure that the lien ot this SeCUr�y InsUumant,Lender's E , � .
<br /> rights e� th�+PrOperiy and Barrowsrs obligatfon to pey the 5ums SeCUred by thLs Seeurity instrument shall eontinue unc�anged. Upon � � • .
<br /> retnsffitemenf�y Bormwer. Mis Security Instrum9nt eno the obilgstions sacured hereby shall remain tulty eftectNe as if no acce�aratton � � . ` ,
<br /> h8d occur►Ed. Ho�r6v9r,thiS right to remst9te Shati not appty n th0 Case of aCCe'9ration under par8greph 17. Q � �
<br /> , 19. Sate of Wote; Change of Loan 3enricer. rna �voce or a partiai �ntersst �+ cne ruoto (tOgother with this secuMy � . .
<br /> InsUument)may be sold one or more tunes withavt prior notice to Bortower. A sate may resu�t in a ch8nge fn the entity(knOwn as tha� � , , ,
<br /> -- � 4 'Loan Senricer') that colleCts mont�ty payment& due under the Note and this SeCUrity �nstrument There also may bs one or more� � , �
<br /> � changas at the Loan Senricer unrelated to a sate of the Note. It there is a change of the Loan Ssrvtcer. Boaov�er will be gNen writton � •
<br /> notice of the chartge in accordance with paragraph t4 above and applicable Iaw. T�e notice wU state the name and address of the
<br /> , s new Loan Se�vicer and the address to vrhich paymants shouid be made. The notice wll aiso contav� any other tr�fortnation required by ��
<br /> i aPAliCBbfe taw. �
<br /> i 20. F18Z8TdOi1S S4lbSt8rtCe8. Borrower shall not cause or perm�the presence, use, dispasal. storaga,or reteass of any :
<br /> � HaYardous Substances on or in the Property. 8crrower shall not do,rtor a11ov+anyone else to do,snyth�g affsCUng thA Praperty that
<br /> is in viplaypn of any EnvironmenffiI Lew. The preceda�g two sentences shail not epply to the p�esenCe, use, or stotaga on the
<br /> � � Property of small quantdies ot Harardous Subsu+nces that are generaUy recogni�d to be appropriate to norma!residential uses and to
<br /> � mabitenance of the Property. ,
<br /> . � Borrower shaU prompUy give Lender written notice of any investigation,elaim, demand, lawsuit or qther action by any govemmen4al
<br /> � or regutatory agency ar private parly invoNing the PropBRy and any Hazardous Substance or Environmentat i.aw ot whiCh �ortower has
<br /> actual knov+tedge. If Borrower leams, or is notified by eny govemmentai or regulatory authornyr,that any removal or othor remediation
<br /> � of any Hezardous S:.bsKance aNecYv►9 the Property is necessary, Bottower shall promptly take all necessary remedial act[ons in .
<br /> � aacardance vrith�tiisnmenml law. { .. ,.� -� _
<br /> � � hs ssed m t7�is para�aRh 20. "Harerdous Subsffinces' are those substances Qefined es to�dc or hezardous 5ubstancss by �tt • � ..
<br /> ' ErsvvonmenffiI Law and the tolimwfrg substazsces:gasoline,kemsane,other ftammable or to�dc patro�um produets,toxfc pesticides end � . .. � :;
<br /> .l ._ � .-..
<br /> � 5� herbicides,votati[a soNents, ma�ria(s containing asbestos or fortnaldehyde, and radioactive materiats. As used tn this paragraph 20. . '��, --
<br /> "EnvQOnmentai Law' means fBderal Iaws and ►stivs o! the JurisdicUon where the Property �s locatad that relate to heafth, safety or - _
<br /> envconmental protection. � � � ��,�
<br /> NON-UNIFOHM COYENAN7'S. Borrower and Lender tuRher covenant and agree es follows:
<br /> ', � 21. Accetere4ion; �teerdedies. Lertder shall give notice to Borrower prior to acceferat�on foliowinq . �` `;���..�� •:;
<br /> ;'r Borrower's breach of any covenant or agreement in this Sec�arity Ins4rument (but not prior to , � � � .
<br /> acceteratton under paragraph 17 untess applicable taw provides oFherwise). The c��tiee shatl spesii�l: , �` �� `
<br /> .,�,= " '6 . .
<br /> 1 �' •
<br /> (a}the detault; (b) ffie actton required to cure the detault (c) a date, not less than 30 days from the
<br /> date the noEice is given Bo �orrower, by which 4he deteuit must be cured; and (d)that tailure to cure • : t_�.�.'����^
<br /> � �� the defaut4 on or betar� the date specitfied in the notice msy res�e6t in aceelera4ion of �a saims ;:' . . . � �
<br /> s�cured by thls Security Instrument and sate ot the Property. The noUce shall turth�r intorm `_:: :����"-° E
<br /> i,: Borrower of the right to reinsta4e a4ter accelerati�n and the rdq6�t to bring a court action to as�ert the � ��
<br /> •.`}- non�xisYence o8 a default or any o4�n�� detense ot Borrower to acceteret�on en�D �e. tf the de9auit is '� �: ��
<br /> "`�� �tot cured on or betore the date s�oe�ifled in the nottce, L�aaxler at it� opLon r�.� require immed�ata �
<br /> ;` : , . �IG
<br /> �a�ment in full of atl s�u�as secured by thls Secu�ity InsSnament we3�os�t turther dem�nd and may
<br /> �r ..
<br /> tnvake the power of sm�� and any other remedies perm(tted by ��licabte law. Lender shall be , :��4 ' `��� '
<br /> .���`�.;� entiUed to c�GEect ai7 e�tenses incurred in pursuing the remedtes �arovided in thla par8graph 21, ��� �_
<br /> �����t tncluding, taaa�enm4 limlted to, reasonabte atiorneys' tees an�l costs of tiUe evidena:e. ,; �j�Y���
<br /> ,,..,,� .
<br /> If the pa�r o! sai� is i�voked, Truste� ehali record a nottce of default in �ch couMy i�a whlch , . � :-�;,.,
<br /> �,
<br /> any part of t�'�� Pro�e� Os tocated end shall msil copie� of such notice in t.`� :�:�nner prescribed by �.` , ��.. ,-�-_�ti�=
<br /> . � appllcable law to �drv���er artd to the other �a�rsona prescribed by a��alica��� �ru. After the tim� ;�%�: : �-'��-
<br /> •� required tiy a�apticeble Caw, Trustee shaU give ��blle no4ice ot sate to the persmr�s end in t�� menn�r ''�4`;;t�';,� ��
<br /> ; • preacrlbed by appliceble I�vs�. 7n�stee, without �emand on Borrower, aha11 sell 4�� Property at public "�`'�'.` `���
<br /> auction to t e h tg h e a t b l d der a t t he t lm e a n d p t a c e a n d u a�d e r t h e t e r m s d e s t g w�d i r� t h e n o t i c e o f ��;��,,__ �•!<
<br /> � sate in one or mare parcets end In any order T�ustee determinea Truates may postpona sale of all , :` `�'�'`
<br /> ' �� or sny parcel of the Property by public enrrriuncement et the Ume and pla�e of any prevtousty , � =�f• -'
<br /> M1�. �. .
<br /> � scheduled sate. Lender�r tte deaignee may p�Q�hase the Property at any aale. .���'`.' �•:'�.`�._�'
<br /> : " Upon receipt oT payment of the prtce bid, Trustee s9�a11 deliver to the purchaser Trustee's deed =�-
<br /> conveying L,'�a Property. The reci4eGs in the Trustee's ��aJ 8hail be prima facie evidence o4 the truth ' _�4j::�•
<br /> of t6ee stete�a��ts made therei�. V�stee shall appiy 3�� rp7oceeds ot the sale ire the foltowing order: � •
<br /> (a) to a0 costs artd e�enses of exercising the power ot saie, and the sale, inciss�ing t�e paymen4 ot . � .���i;�p;:,�
<br /> the Yrustea's teea actu��c� incurred, not to exceed 10°•6 °,G of 4�s principal amount of the o�ote � :
<br /> at the time of the decl�e4ton of default, and reasonable attorney'e fe� as permitted by lew; (b)to aQ �
<br /> � , . t� sums aecured by this Sscur(ty Instrurr�ent; end (cj any excess to the peraon or persons legalty � _
<br /> entiUed to it � , . .
<br /> 22. Reconveyance. Upon payment o1 ell sums secured by this Securtty Instrument,Lender sfia11 request Trustee to reconvey � •
<br /> tho Property and shail surtender this Security Instrument and all notes e+dtlencing debt secured by this Secur'rty Instrument to Trustee. �
<br /> Trustee shall reconvey the Property without wartanry and wi�hout charge to the person or persons IegaAy entitled to i4 Such person or
<br /> ' persons shell pay any recordation costs. .. —
<br /> . ' 23. S9���YUtB TfUSt@0. Lender, a� +is option, muy fram time :s time remave Trustee and eppotnt a successor trustee to ".
<br /> • � I any Trustee appointed hereunder by an instrument recorded in the county in which this SeCUr'ityr Instiument Is recorded. Without �
<br /> • coaveyanca ot the Proporty. successor trustee shall succo�m 2o all the title, power and G�:ies conferred upon Trustee harein and by �;;;.'
<br /> 1 applicable law. .. • . . ., _
<br /> 24. Request tot HOUCes. Bortower requasts that copios ot the notices of detault and seis be sont to 8ortov�er's address —
<br /> - •• 1�:' whlCh is the PropaAy Address. . :;' `
<br /> �� 25. Riders to this Security Ir�straoua�ere4. M one or more riders are executed by Bortower and reCOrded together v�ith : , �`)�,. :`
<br /> ' i this Security Insbumant,the cov8nants and ag�eements of e?ch such rider shall be incorpor8fed into and shall flmend and supplement .
<br /> I the covenants and egre9ments of this Security Inswment as d tne r�der(s)were a part of this Security instrument. •
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