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<br /> 16.Borrowcr's('opy. linrrowcr shalt be�iven one confortned copy of thc Nou:and of�s ecunty Instrumen� I ' _
<br /> 17.TrAnxter at the PropeMy or w 8enetkial Interest in Borrower. If all or any part of thc Propeny or any fnterest in it is ,.
<br /> sald or Irunsferrcd(or if a bcncficiel intcrest In Borrower is sold or transfeacd and Borrower is not a natural person) without ' � �'_
<br /> • I.ender'g priar wriuen cansent,l.ender may,at its opuon.require immediate payment in fuU of aU sums secured by this Security . � -
<br /> InswmcnG Hawever, Ihis apdon shell not be exercised by Lender if exercise�s prohibited by federal law as of tha date of this � �;��-
<br /> Sccurlty Instrumcnt. �':°°'
<br /> IF l.ender exercities thl9 apdnn,Lender shall give Borrower nodce of acceleradon.The notice shall provide aperiod of not less . ---�
<br /> than 3Q days trom the date the notice Is dellvered ar mailed within which Borrower must pay all sums sccured by this Securiry = � _
<br /> InstrumcnG If Borrower fai1R W pay thcscs aums pdor w thc expiradon of this period,L.ender may invokc any rcmcdies permiued --
<br /> by Ihis Sccurity Instrumcnt wlihaut furiher nndce or demand on Borrower. .�
<br /> 18.Borrower's RiQht tn ReGo9Wte. If Borrower mects certain condipons, Borrower shall have the right to have -
<br /> enforccment of this Sccurity Instrumcnt discontinued at eny time prior to the earlier of: (a) S days (or such other penod as „ ,.
<br /> applicable law may specify for reinstatement)bcfore sale of the Property pursuent to any power of sale contained in this Security _-
<br /> Insuumcnt;or(b)entry of a judgmcnt cnforcing this Sccurity Instrumen�'lliose condidons are that Boaowcr.(a)pays Lendcr all �.-h,�.
<br /> sums which thcn would bc duc undcr this Sccuriry Ins��ment and the Note as if no acceleradon had occurred; (b)cures any •
<br /> defeult of any other covenanGg ar agrecmenGs;(c)pays all expenses incurred in enforcing this Seturiry Insuument,including,but -...
<br /> not limited to,rcasonable attomcys'fecs;and(d)takes such acdon as Lender may reasonably require to assure that the licn of this .
<br /> Security Instrument, Lender's righ6s in the Property and Borrower's obliga6on to pay the sums sec:ured by this Security Y,^r
<br /> Instrument shall continue unchanged. Upon rcinstatement by Bonower,this Security Instrument and the obligadons secured
<br /> hereby shaU remain fully effective as if no cicccicradon had occurred.Hawever,ihis right to reinstate shall not apply in the case of ;,,��.
<br /> acccicration undcr paragraph 17.
<br /> . 19.Sale of Note;ChAnge af LoAn Servtcer. Thc Note or a partial interest in the Note (together with this Security
<br /> � Inswmcnt)may be sold one or more timcs wlthout prior nopce w Borrower. A sale may result in a change in the endty (known -•
<br /> as the"Loan Servicer")that cc�pocts monthly ps�yments due andor the Note and ihis Sc;cunty InstrumenG There also may be ona or �. ;�
<br /> �• more changes of the Loan Servicer unrelated to u sale of ihe Note. If there is a change of the Loan Servicer,aorrower wiU be •
<br /> given wdtten notic�af the chenge�n acco�dance with para�raph 14 above and applicable law.The noace wiU state the name and {,,. ,�__
<br /> address of thc new Loan Scrvfcer and tftc addres.g w which payments should bc made.The nodce will also contain any other , t�� ;�-
<br /> � informadon rcquircd by appllcablc law. ' '�' �-_
<br /> _ 1A.Hazprdous Substnnces. Borrower shssll not cause or permit the presence, use, disposal, storage, or release of any � ''��
<br /> �` Hezardous Substenacs on or in the PropcRy.Bonow�r shall not do,nor allow anyone else to do,anything attecting the Yroperty �� �•�
<br /> that is in violatlon of any Enviranmental I.aw.Tnc prcccciing two scntences shall not apply to the presencc,use,or storage on thc �� ��t�
<br /> � Property of small quantidcs of Htu.azdous Substonces�hat arc generaUy rccognized ta be appropriate to normal residential uses ;r �, +�:,,.-
<br /> + and w maintenancc of thc PropcRy. •x,;• `"'�`=
<br /> •' Boirower st►all ptomptly glva l.ender written notice of eny investigation,clainct, demand, lawsuit or other acdon by any ".r -.�;;
<br /> �`� govemmental or rcguiatory agcncy or prfvatc ptuty involving thc Property and any Hazardous Substance or Environmentsl Law : �t_�
<br /> ' of which Borrowcr hav actual knowlcdge.If Hnrrower Icams.or is notified by any govemmental or regulawry authorlty,that any �
<br /> � removal or other remedlation of su►y Hazurdous Subsuu►co uffecting the Propecty �s necessary,Borrower shall prompdy take all ���� ��.'
<br /> necessary remedjal acdons in eccordance with Environmentel I.uw.
<br /> As used in thLs paragraph 20, "Na•r.nrdous Subst�icag" are those substances defined as toxic or hnrardous substences by �` _
<br /> � Environmental Law and the following substAnces: ga�aline, kerosene, other flammable or toxic peuoleum �roducLs, toxic �`���_-�—
<br /> pesucldes and herbicides.voladle rolvents,materiWs contaning asbestos ur formaldehyde,and radioaclive matenals.As used in `�°_-�°��-�
<br /> this paragraph 20,"Environmente!Law" me,�ms federnl laws and laws of the jurisdIction where the Properry is located that relate -fL��,
<br /> to health,safety or cnvironmental protectlon. �-�-�`
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<br /> NON-UNIFORM COVENAN'�'S.Banowcr and Lcndcr furthcr covcnant and agrec as foUows: - �
<br /> Zl.AccPkration;Remedt�.Lender Rhwll give natice to Borrower pr[or to acceleration loliowing Borrower's breach of ==
<br /> ,� any covenant or agreement in thLv Security Instrument (but not prior to acceleration under paragraph 17 unless - _=-----
<br /> appltcable law providrs otherwise).The nutice shs�tl epecify:(u)the default;(b)the action requIred to cure the default;(c) y;�:��,
<br /> '� a date,not les,9 than 30 days from the date the notke Is gWen to Borrower,by which the default must be cured; and(d) - '�,_�'
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<br /> � t6at failure to cure the defAUlt on or before the ds�te specitied in the not[ce may result in acceleration of the s�ms secured - -
<br />- by t6ts Security Instrument and xtde of the Property.'fhe notke ahaU further inform Borrower of the right to reinstate - � ��-�-
<br /> after acceleration and 4he right to br(ng W court action to a�.cert the non•extstence ot a default or any other defense of ,'T��'N�•'*�
<br />_ Borrower to acceleration and sale.It the defs�ult is not cured an or before the date apecif3ed in the notice,Lender,at its � ,,�{;�`t
<br /> option,may require immediate payment in full af wll sumx secured by tht�Security Instrument without further demnnd �!��..f�i���;;�:, •
<br />- and may invoke the pnwer ot isale and any nther remedies permitted by applicable law.Lender shall be entitled to collect �� • � '
<br /> = � all expenses incurred in pursuing the remedfe� provided in thlw ps�r�graph 21, including,but not ltmited to,reasonable :"�; ,
<br /> attorneys'fees and costs of title evidence.
<br /> I If the power ot sale is invuked, Trustee shull record W nut(ce of default in each county in which any part of the
<br /> ' � Property is located and shali mail copirs ot�cuch notice(n the manner prescribed by applicable law to Borrower and to the
<br /> � other persons prescribed by applicable law. After lhe time required by appl[cable law,Trustee shall give pubiic notice af
<br />-• sale to the persons and in the manner prescribed by applic�ble law. '1'ruhtee, without demand on Borrower,shall sell the I
<br /> � Property at public auction to the highest bidder at thc tfmc Wnd plACC end under the terms designated in the notice of sale
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<br /> - Form 3028 9/90
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