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<br /> � 17. Transter of the Property or a Benefiotal Interest In Borrower. it au or any part of the Property or
<br /> ' any Interost In It Is �old or irenalerred (or II a b6ne11clai Interast In Borcower la sold or trenslerred and Borrower Ia not e nstural !
<br /> I porson) wfthout Lender's prlor wrlttan consent.Lender may,at Its optlon. requlre Immedlate peyment in full of all sums secured by �'
<br /> .`
<br /> � thls Security Instrumont. However, this optlon shail not be exercised by Lender It exarclso is prohibded by federal law as of�he •
<br /> date of this Sacwity Instrument � I �
<br /> Ii l.ender oxerclsas lhl3 optlon. Londer shaN glve Bortower notice of accelerution The notice shell prqvide a perlod of not� � ,"
<br /> ' less lhan 30 days irom tho date iho notico Is delivered or malled withln which Bortower must pey all sums secured by thfs � �r '
<br /> ' Security Instrument. H Borrower lalls to pay these sums prior to the expiratlon o1 thls poriod, Londer may Invoka any remedles y �-
<br /> � permitted by thls Security Instrument wilhout turlher notice�r demand on Borro�vor. �`•
<br /> 18. Borrower'S Right to R91118l8t8. If Bouower meeta certeln condltlons. Borrower shall have the rlght to have �
<br /> � enforcement o1 ihis Security Instrument discontinued at eny time pdor to tho earller of (a) 5 days (or such other period as � _
<br /> epplfcehle lew mey specity ior reinstutement) belore sele of the Property pursuent to any power of sale contalned In this Security
<br /> Instrument: ur (b) entry of a judgment enlorcing thls Security Inatrument. Those conditlons are that Borrower: (a) pays Lender all C�
<br /> �i sums which then would be due under thls Security Instrument and the Note es if no acceleratlon hed occuned; (b) cures any _
<br /> � default oi eny other covenant or egreements: (c) pays all expenses Inourred In enfarcing this Security Instrument, Including,but `
<br /> � not Ilmited to. reasoneble ariomeys' fees: and (d) tekes such actlon as Lender may reasonabiy requfre to assure that the Ilen of
<br /> ; ihis Security Instrument, Lender's rights In the Property and Borrower's obllgatlon to pay the aums secured by this Sewrlty , _
<br /> � Instrument shall continue unchanped. Upon remstatement by Borrower. this Socudty Instrument and the obligations secured ._.;�
<br /> hereby shall remaln tully ettective as if no accelorution had occu-red. However, thls rlght to relnstate shall not apply in the case 'a;:,�-
<br /> • of acceleratfon under paragraph 17. ��•---�
<br /> • 19. Sale of Note; Change of Loen Servicer. Tne Note or a a partlal interest fn the Note (together wlth ihis ��
<br /> Security Instrument) may be sold one or more times without pnor noUce to Borrower.A sale may result in a change in ihe entfty �:.
<br /> (known as the 'Loan Servicer')ihat collects monthly payments due under the Note and this Security Inatrument. There also may �T-=
<br /> j be one or more changes of the Loen Servlcer unrefated to a salo oi the Note. If there Is a change oi the Loan Servicer. ,
<br /> IBortower wlll be given written notice o}the chenge In eccordance with paragraph 14 ebove and appllcable law. The notice wlll .
<br /> I stato tho name nnd nddress of the new Loan Senlcer enA the eddresa to whlch payments should be made. The notice wlll also
<br /> contaln any other Informatlon requlred by applicable Inw.
<br /> 20. Hazardoue Substanaes. Borrower shali not cauae or permit the presence, uae, disposal, storage, or release ot ,
<br /> I any Hruardous Substances on or In the Property. Bonower shall not do, nor allov� anyone eise to do, anything aitecting the �
<br /> � Property that Is In vloiatlon of any Environmental Law. The preceding two sentences shall not apply to the presence, use, or
<br /> Istorege on the Property of small quantlties of Hazardous Substances that are generally recognized to be approprlate to namel
<br /> � resldential uses and to malntenance of the Property.
<br /> ,, s�-
<br /> ' Bortower shall promptly give Lender written notice of any investigatlon, clalm, demand, lawsult or ather action by any —
<br /> govemmentel or reguiatory agency or prfvate party Involving tho Property and eny Haznrdous Substance or Envlronmentel Law of .�i�;,.:
<br /> which Borrower has actual knowledge. If Barower leams, or Is notlfled by any govemmentai or regulatory authority, that any ���;;�:
<br /> removal or other remedlatlon of any Hazardous Substence aftecting Properly is necessery, sorrower shall prompty teke all '•"`"�'
<br /> ;,
<br /> � necessary remedlal actlons In accordance wfth Environmental Law. ''=, �'�
<br /> �' As used �r ihls paragrsph�4. 'Hs:ardous SuSsSSStcee" ere!hose ���b�t?nr.wa dnflned as toxic or hazardous substances by _ '-.��°'�___ •f
<br /> Envkonmental Law and the following substences: gasolina, kerosene, other flammeble or toxlc petroleum products, toxic �'�c
<br /> pesikides and herblcides,volatile solvents, meterials contalning asbestoa or formaldehyde, and radloactive meterlals. As used In ��,).:
<br /> �. paregraph 20, 'Environmental Law' means federal laws and laws of the wrisdictlon where the Property fa loeated that relale to " � '
<br /> F health, sefety or environmental protectlon. "'�
<br /> NON•UNIFORM COVENANTS. 8orrower and Lender further covenant and agree as tollows:
<br /> ; 21. Acceleration; Remedies. Lender shail give nottce to Borrower prior to acceleratton t . ���;• �
<br /> � following Borrower's breach of any covenan; or agreement in thia Securtty Instrumsnt (but not
<br /> � prior to aaceleratlon under peragraph 17 unlese appitcable law provides otherwlae). The nottce .�.�—
<br /> shall specity: (a) the default; (b) the action requtred to cure the default; (a) a date. not leas than °+�,.=----
<br /> 30 days from the date the notice ts given to Borrower, by which the default muat be curad; and _�.•,�;,�;��
<br /> (d) that failure to cure the default on or before the date specffted in the notlae may rsault In "�" ��•
<br /> acceleration of the sums secured by this Securlty Inst�ument and sate of ihe Property.Ths notice �,����:�-
<br /> shall furtheP inform Borrower of the right to reinstate after acceleration and the right to bring a �,��:,
<br /> court action to asseK the non-exiatence of a default or any other defense of Borrower to - '��,��t
<br /> aaceleration and s�ale. If the default is not cured on or before the date speoffied in the notice, �``��r�°�
<br /> � Lender at its option may requlre (mmediate payment in full of all sums secured by thts Security , #,.���,i!r=�
<br /> Instrument wtthout fu�ther demand and may invoke the power of sale and any other remedtes •��'*!�•
<br /> permttted by applicable law. Lender shall be entttled to coltect alt exponses incurred in pursuing �":�����_��-
<br /> the remedlea provided in thts paragraph 21, including, but not Itmited to, reasonable attorneya' -�`o�:��=F•
<br /> fees and costs of title evtdence. ,'. .:: `'�'
<br /> If the power of sale is tnvoked, Trustee shall record a notice of default in each county tn
<br /> which any pert of the Property is located and shall mail copies of such notice in ths manner ,
<br /> prescribed by appitcable law to Borrower and to the other persons prescribed by applicable law. "
<br />- Afte� the ttme required by applicable law. Trustee shall give publtc notice of sale to the peraons
<br /> � and in the manner prescribed by applicable law. Trustse, without demand on Borrower, shall sell
<br /> the Property at pubiic auction to the highest b(dder at the time and place and under the terms •
<br /> designated in the notice of sale in one or more parcels and in any order Trustee determines.
<br />_ Trustee may postpone sale of atl or any parcel of the Property by public announaement at the
<br />- time and piace of any previously scheduled sale. Lender or its designee may purchase the
<br /> Property at any sale.
<br /> j Up�n receipt of payment of the price bid, Trustee shall deltver to the purchaser Trustee's ,
<br /> deed conveyfng the Property. The recfteis in the Trustee's deed shall be prima facie evidehce of i
<br /> the truth of the statements made therein. �'rustee shall apply the proceeds of the sale in the j
<br /> .
<br /> s_u�_..t.... .....a�... l..l �.. ..11 ......�e .....1 e ..eMnne ni evn�ntelnn *ho nnwe� nf nala and fho Iiw��1. i
<br />-' � = �vnv��.. v�vv.. ........� ...... " .......... -
<br /> y \a� • .... ....p ... ....�'�'�' 'a "'_ r_-'_' -' __'-• ---- '�-- --��-• �
<br /> , including the payment of the Trustee's feea actually incurred, nut to exceed three I
<br />, �'o oF the prtncipal amount of the
<br /> note at the time of the dec�aration of default, and reasonable attorney's fees as permitted by law; '
<br /> (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons �
<br /> legalty entitled to it.
<br /> � . ,.�., • , �•.,.,,.., �•. �-� _��� r�
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