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<br /> ' 16.Barrower's C�apy. Sorrower shall be gavrn one conform�copy of the Note and of this Security InstrumenG ' ;��
<br />. 17.Traader ot ths Property or a Ben�dal Inte�est in Bor�wer. If all or any part of ihe Peoperty or any interest in it is , . . � . � -
<br /> • sold or aansferred{ar if a beneflcial mtErest in Borrowei is sold or ttansferred and Harrawer�s not a naaual person)withnut . �`T`
<br /> .�_,
<br /> l.end�'s prior wriuen conseat,I.ender may.az its opuon.mquire immediai.e payment in fuU of all sums setured by th�s Security , - _,..
<br />} [nstrumcnt However,this optios�shall not be cxer�ued by Lea�der if exec�se u proWbited by Cedecal lavr as of the data of shis • ;'�
<br /> � Scxurity Ins�ument ' �
<br /> • If L.ender exercises this opiion,Lender shall give Borrawer noU.ce of accele,�arion.�he no6ce shall provide a period of not less '•
<br />- than 30 days from the daie the notice is dclivered or mailed within which Bosower mnst pay all sums secured by tlus Security � _ _
<br /> � Instrumen4 If Borrower fa�s to pay these sums prior to the a�pir�on of thDs period,Lender may invoke any remedies peimiued • _
<br /> by this Sesutity Instrument arithout fiuther notice or demand on$orrower. i -
<br /> i 18.Barrower's Rig6t to Rein.,nate. If Bo�wer meets certain condibions. Horrower shall have We right tn have � . ' _
<br /> � enfflrceme,ni of this Security Insuvment discontinueA a!Fu►y tirtie priar w the earlier of: (a) 5 days(or such other period as � ' __
<br /> � applicable law may specify for reinstatement)begore sale of the Property pu�svant w any powec of sale contained in this Security • :
<br /> Inswment;or(b)enuy of a judgment enforcing this Seturity Insuvmr�at Those conditions are that Bamnwer.(a)Pays l.endea all # . .
<br /> ; sums which then woutd be dae under this Secarity Instrument and the Notc as if no accelerarion had occuaed:@) cunes anY � � , �`
<br /> defa�ilt of any other coveaants or agceements;(c)PaYs a!1 expenses incurred in enforcing this Sec�rity Inaron�merrt,including,but � . � . +.�
<br /> � aat limited to.reasoAable attnmeys'fees;and(�mYes such acdon as l.endc.r may reasonably require to asswe that the lieai of tlnis i . . . •,
<br /> Seauity Instrumea� Lender's rights ia the Yroperty and Sarrower's obligation to pay the sums secvned by this Security
<br /> Instrtamcnt shall continus unchanged. Upon reinstaumeani by Bonower. this Seturity Insuument aad tha obligaaons secured ' . � � ' . ;,;�..::"��'�
<br /> hereby shall remaut fulty effeaive as if no ar,celemtion had occ�ured.However,this rig6t ro rein�tate shall not apply'm the c�se of . _ ' . ;�
<br /> ' acccleistianuaderparagraph 19. " <=�'.'' • --
<br /> 19.Sa6e ot Nole;C6ange of Loan Servtcer. 'Rie Note or a partial interest an the Note (mgether witb this Serurity t �F;S��,}3', , �!�
<br /> Instnimesn)may be sold one or more times wittzout prior notice to Botrower.A saIe raay resWt in a change+n the entity(known . .. . ,r� �;:
<br /> as the"laan Servi�er")that collects monthly paymeats due ander the I�Iote and this Security Insuumenc There also may be one ar ; . , . �
<br /> 1 more et�anges of the I.oan Servicer unrelated w a sale of tLe Ncte.If Ihere is a change of the Loan Savicer.Borrower will be • �. :;;: •� -�;�:
<br /> ; given writte�norir,e of 1he change in accordance aith paragraph 14 above and applicabk law.'[he nouce will state the name and � . � , r. :�
<br /> : address of Ihe new Loan Servicer and the address to whuh paymeats should be made.The aotice will aLso contaia any other S ,�'f,;,�'r ��
<br /> infom�arion required bY aAAlicable law. . �.: .
<br />•� 20.Ha�tr�ons Substances. Borrower shaU not cause or pe�nut the presence, usr, d�sposal,storage. or release of any .. �, ,� -
<br /> Ha7ardous Substances on or in the Propercy.Bomower shall oot do.nor allow anyone etse w do,anything affecting the Property yt'�� �
<br /> , �:�*- d,.
<br /> that is Q►viotauon of an�r Fiivironmental Law.'Ihe pr�eding cwo seatences st�all not appty to the pzesence,use.or storage on the , w�,s:.• ; .
<br /> s ll
<br /> Praperty of small quasiunes of Harardous Substances that are geneaally recognized to be apProPnate w noimal resideuti�al uses . � a��: ' �I �.
<br /> and w maintenance of tde Property. . ' . -``'�` _
<br /> Borrower shall pmmptiy give i,ender written notice of any investigarian, claim.demand. lawsuit or o[her action by anY _.y;f`�i: ``�;'..�.-
<br /> govcmmentai or regulatory agency or piivate pa:ty involving the P�opefiy and any Ha�ardous Substance or Frvironmental Law . • " : #; . ��
<br /> � of whish Baimwrr has acmal imowledge.If Bomowea leams,or u naufied by any govemmc�tal or regulatory autt►ority.thstt any . ' -!.%:
<br /> removs�l or other remediation of any Hazar+dous Subslance affecting the Prope�ty is necessary.Bonower shall pmmptly take ail �
<br /> n remedial sGions in ascordance with Farvinont►ientai Law. • . .'°�.�'. .''�
<br /> ' As�i�sed in this patag�aph 20, "Ha7ardous Substances" are those subs�tces defaed as wxic or ha�dous substances by � � .��' {�,
<br /> a
<br /> � Envuonmental La� and the followuig substa�sce� gasoline. keaasene, other tlammable or touc petroleum products. tox�c . • . F�►!�Jk`�f —:
<br /> �esticides and� �+�`�c_ cr�solvcnts.maierials containing asbesws or formaldet�yde,and radioacuve materials.As used in � �• ,.'jr'� �:
<br /> erL���. �•.
<br /> this patagraph 20,"�-:�i��c�.�ial Law"means federal laws and laws of the ju:isdiction where the Pcoperty is lacated tl�at relate :-;- �• '�
<br /> w healtb.safety or e.:.a�.�arwx�:�l pmtection. . "��`�.i' ..—
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<br /> NON-UNIFQRI�4 COVENANTS.Borrower and Lender further covenant and agree as follows: . ' • j;�
<br /> A 4ao�•Remedieg.Lender sAall ve notice to Borro�wer rbr to acxeleratioa toilowfng Borrawer's 6raacb ot ° . L;��•'.'- s
<br /> Zl. ecelera . g� P
<br /> s�ay coveaant or agreement tn this Secnrity Instramend (bot noi prtor to �cceJeratton uader puagrapb 17 anless . ' �_��=---
<br /> aPPllc�6k law provides o26wvvlse).T6e aoti�e shaD specif'y:(t►)the defaolt.(b��IU!IIC�IOD iCQ�I'C��O�l'�!1`iR l�P.tAQI�(C) . '� �,_
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<br /> a datG not iesa tban 30 daya ilram the date t4ce nattce is giveo to Borrower,by wh1cL the defaoft mast 62�mred;and(d) � '�°"
<br /> ti�t tsu7�t to aue We defaalt on or before t�e date specified in ttie aoYice may result in aroeleratioa oP t�e sums sea�red � � `' `
<br /> � �,�� -:
<br /> by t6fs Secqrit�Instrnmen4 and sste of the Pro�eriy.The notice shall turt6er Worm Borrower of the right to retnstate . ;- ..`. '`���.�-:
<br /> after aaceitration ond We right to bring r�oonrt uctlon to assert!6e non-existence of a detaait or any othzr defense M ' � :^`;�����_�'
<br /> � Borrower to acceleratlon and sak.I�the default�not cared on or Ibefore the date speaf�fn the notice,Leadcr,at its : •�• ` '��"`�
<br /> opt�on.may reqnire immedtate payment ro tn�o!aD sums secnred Dy t6ic Sec�rlty Iasdrnment svithont tarther demand �J . m'�� ' �
<br /> and may invoke t6e po�ver ot s�k and any other remedie�permitted by applica�le law.Lender ehaD be entIUed to ooUect � . „ •� .� a----
<br /> a!I e:yenses incarred in pursutng the remedIes provided 'm tl�paragrap6 21, iacludtng,bat not limited to,reasonabte '
<br /> ��w.
<br /> attorneys'[ces sind oosts of title evidenca , . -
<br /> I�the pawer ot sale is invofced,Trastee s6a11 record a aotice of deiuu!! 3n each county in wtitcb a�y part ot tt►e • �:
<br /> Pro�zaty t�tocated and sha0 maif copies of sacb notioe in We manner prescribed b�applic�ble taw to Dorr�wer stnd to the . �
<br /> othv persdns presQibed 6y applieabk law.After t6e time reqoired by applicc�bk 1aw,TrusC�¢s�aU g'�ve puD�ic notice nt � � : '
<br /> s�tx to�hP p�n�and ia the manner presc�ibed hy applk�ble law.T�stee,wit6oat demza�on Borrower,shall sell tL�e . '�`�� �
<br /> Prayerty at pmb�andion to the highest bklder at the time and pl�ce and under thr terms designated in the notFce of sale � � �., �
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<br /> Form 5028 9/90 � • �°
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