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<br /> 17.Trunsfer of the Prapeny or a Beneflcial lnter��st In surruwer.If uU or•rny part of thc Pn�perty ur any intemst in it _
<br /> g is solJ or trunsferred(ur if a hcneficial interetit in B��rrower iti sold or transferred :md Borrc�wer is not.�nutural p�:rs�m) without -_
<br /> # I.,ender'� prior written consent, I.�:nJer muy. ut its e�pticm, require immediutr payment in full of all sum� tiecwrd hy this
<br /> • Scruriry In�trumcnt. H��wevcr. this e�p�iun.hull nat be exrrci�ed by Lcndcr i f excrcisc i+prohihitcd hy federul law ux ul'thc dute� `_
<br /> of this Sccurity Instrument. G
<br /> :�"'�� If Lender exercises thiti��ptian.IAnder shull give Burrower noticc af actclerution.Thc notice shall provide a perii�d nf'niit� —
<br /> Ic�s thun 30 di�y� fram thc datc thr n��ticc ix dclivcred ur muilcd within whirh ��rrowcr must puy ull sunn +ccurc�l hy this �
<br /> »'"'�'",'�'�;�.} Srcurity Instrumciit. 11'Burrawcr fuilsto pay thcsc,ums priur to thc rxpirutiun��1 il�iti peri�xi. I.cndcr muy invukc i►ny rcmcdic�
<br /> . ; permittcd hy thi�ticrurity(ntitrumcnt�vithaut furthcr naticc nr dcmund�in H��rruwcr. r"►
<br /> I8. liurrowcr's Itlµht tu Rclnstute. If Finrr��wcr nuets rci�tain r�mditiunti. Barrowcr .hidl huvc thr right t�� huv� —
<br /> `( �nfurcrmcn� uf tl�iti tirrurity In+trunKnt diticuntinucd ,�t wry timr prior tu thc r+irlicr nf: (ul 5 dirys (ur +urh ulhcr periad a�
<br /> ,�: ' upplici►hlc liiw m;►y rperify f�a� rcin�tutcmrntl hcfurc �;dc nf thc Prnp��ny pur+u;�nt tu uny p,�wcr uf �.dc cuntuinca in thi�� �
<br /> tirrurity Intiu�untcnl:�,r 11,1 rntry ul'ujuJgnunt cnfurcin�this ticrurity In+u�utnrnt.'I'hu,c ronditionti urc th.�t Hurruwcr: (nl puys
<br /> I.�rnlcr cdl tium+whlrh �hcn wi,uld ix�luc undcr thi� Srcurity Imtr►unent a�nd thc N��tc a►ti il'n��urccicratiun hud occurr�d: (h)
<br /> rurrs uny dcfuult ul nny athcr cuvcieintr�ir agrccmcnts: lrl pny+ +�II cxpcn�rs iixurred in cnli�rring thi, Sccurity In�:trument.
<br /> � inrluding, hul not liinitrd tu. rrn+un;�hlc uUurncp,' f'ec.; und (dl t.ikc+ �urh iictiun uti l.cndcr muy reasunubly rcyuirc t��assurc
<br /> tl�cit thr licn „t'th�+ticcurity In�trununt. Lcndcr'.ri�htti in thc Nrupert3-an�l H��rruwcr'ti uhlig:�tion to puy thc sums securcd by
<br /> �• thi�. Sccurfry lntiu•umcnt shull rarninuc unchun�;cd. Upun roin+tutcmcnt hy F��rruwcr, �his Sccurity [nstrument and thc
<br /> ahligutitmti ,ecurrd herrhy �h�ill remain fuUy effective i�s if nu ar�elcrutiim hnd uccurred. Huwever,thiti right to reinstate shuU `
<br /> nut apPly in thc cutic�►t'ucrcicrutiun undcr parugraph 17.
<br /> 19. tiulc of Nute; Changc ot Laun Scr��iccr. Thc Nutc ur u paniul intcrest in thc Notc (togethcr with this Sccurity
<br /> In�trwncnU may bc sold ono or mi�n tirncs withuut prior nnticc tu Borrc�wcr.A sulc rnay result in u chungc in thc entity(known
<br /> ,is the"la�an Scrvicer")that collects munthly paymentx due under the Note and thi�Sccuriry Instrument. Therc alsu may be onc
<br /> c�r mare changes of the Loan Scrvicer unreluted to u sale of the Notc. lf there is u change of the Loan Servicer,Borrower will be
<br /> given wriuen notire of the chunge in arcardunce with paragraph 14 ahcrve and applicuble luw.The notice will stute the name and
<br /> ' addres� af thc ncw i.oun Scrviccr und thc address to which paymcnts should br mudc. Thc noticc will ul,o contain uny othcr
<br /> , information rcquircd by upplicablc luw.
<br /> 20, Htu.urdous Substanc�. Borrower shull not rause or permit thc presen�e, use, disposal, storugc, or releasc of any
<br /> Hazardous Substunces on or in thc Property. Barrowcr shull not do, nor uUow anyonc clsc to do, anything ul'fccting thc
<br /> Properry that is in violation of any Environmental Law. The preceding nvo sentences shall not apply ro the presence,use, or
<br /> '�' storage on the Property of smull quancities of Huzardous Substunees that are generully recognized to be appropriute tc�norn�al
<br /> --- residenti:!asc�:and tc m.aintenanr� of the Prope��ty. ,
<br /> Borrower shall pramptly give Lender written notice of any investigution, claim, demand, lawsu�t ur other uciion by auy
<br /> .. govemmental or regulatary agency or private party involvin�the Property and any Hacardous Substance or Environmental Law
<br /> of which Borrawer has actual knowlcdge. If Borrower Ieurns,or is notdied by any government�l or re�ulatory uuthoriry. that
<br /> ; any removal ar other remediation of any Hazardous Substance affecting the Propeny is necessary, Bormwer shall promptly take
<br /> all necessary remeciial actions in necordance�vith Environmental L.aw.
<br /> As used in this parngraph 20,"Hazardous Substunces" are those substances defined as toxic or hazurdous substances by
<br /> Environmental Law and the following substnnces: gusoline, kerosene, other tlammabie or toxic petroleum praducts, toxic
<br /> � ' pesticides and herbicides,volatile solvents, materials containing asbestos or formaldehyde,and radioactivc mate�7als.As used in
<br /> � this paragraph 20, "Environmental l.aw" means fedcral laws and laws of the juritidiction where the Property is locatcd thut
<br /> . relate to health,safety or environmental protection.
<br />- NON-UNIFORM COVENANTS. Bormwer and Lender further covenant und asrce as follows:
<br /> ' 21.Acceleration;Remedles. l.ender shall give nottce to Borrower prior to acceleration following Borrower's breach
<br />=� ��� • of any covenant or agreement in this Securlty Instrument (but not prtor to acceleratton under paragraph 17 unless
<br /> ' " applicable law provides otherwise).The notice shall specify: (a)the defaulh(b)the action required to cure the default;
<br /> 41 '.' ' (c)a dute, not less than 30 days from the dute the nottce is�iven to Borrower, by wh[ch the default must be cured; und
<br /> ' `" � (d) that failure to cure the default on c►r before the date speclCed in the notice may result in accelerntton of the sums
<br /> � � secured by this Securtty Instrument and sule of the Property. The nottce shall further inform Borrower of the rl�ht to
<br /> � reinstate after accelerntion and the rlght to brin�u court actton to assert the non-existence of a default ar any other
<br /> defense of Borrower to acceleratlon und sule. If the default is not cured on or before the date specified in the notice,
<br />- ' Lender, at its option,muy require immediate payment in full of all sums secured by this Security Instrument withaut
<br /> further demand and may[nvoke the power of sule and any other remedtes permttted by nppllcable law. Lender shall be
<br /> - entltled to collect aU expenses incurred in pursuin�the remedtes provided in thls para�rnph 21.including,but not limtted
<br /> • to.reasonable uttorneys'fees and costs of title evidence.
<br /> � If the power of sule Is invoked.Trustee shall record a nutice of default fn each county in which any part of the
<br /> � Pruperty is lorated and sl�all maH copics of such notice in the mnnner prescrlbe�d by�ppltcuble law to Borrower und to
<br /> the other persons prescrtbed by appllcuble laa•.After the time required by�pplicuble la«•,Trustee shall give publtc notice
<br /> of sule to the persons and In the manner pr�scribed by applicuble In�r•.Trustee,without demand on Borrower, shall scll
<br /> ' the Property ut public uuctton to the hi�hest bidder at the timc und placc and ander the terms d�+ignated in the notice of
<br /> sale In onc or morc parr.cls und in any order'Prustc�c detcrmines. Trustce muy pustpune sulc of all or uny pArcel of the
<br /> � Property by public unnouncement at the time und pluce of uny prcviously scheduled sale. I.ender or fts desi�nee mey
<br /> purchase the Property at any sale �
<br /> Form 3028 9/80
<br /> Papc 5 cl o
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