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<br /> 'i 17. Trensfsr ot 4he Property or a Benaficial Interest In k�orrower. ir an or any pert or �na Property or
<br /> I any �nterest in it Is sold or transferred(or if a beneflClBi interest In Barrower is sold or transferred and Barrower is not a natural �
<br /> person► without Lender'& prlor written co�sont, Lender may,at its option. require immedfate payment in�ult of all sums seCUred by �
<br /> I . this Securdy Instrument. However,this option ShaN not be exercised by Lender If exerCise is prohibited by federal law es of the � i �
<br /> � d4i8 Of thiS SBCUfIty InStrument. a
<br /> If Lender exerc�ses this option, Lendor shall gNe Borrower notiCe of acceleratfon. The notiCe shalgl ID urns secueeddbyf this � � '`
<br /> I less than 30 days ��om the dete the notfce is delNered o� maded wit Pn whfCh Borrowor musl P�Y }nvoke an remedies � I -�
<br /> Securdy Instrument. If Borrower fails to pay these sums prior to the ex iratlon of this period. Lender mey Y �
<br /> � permittetl by th�s SeCUrity Inslrument without funher not�ce o�demand on Borrower. i
<br /> 18. Borrower's Right to Reinstate. It Borrower meets certa�n condit�ons, eorrower snail nave the right to hflve � I
<br /> , enforcement of thls Security Instrument disCOntinued tit any time prior t ur uanteto en f•power5otl se�e(co�ainad �n this Secu�tY "a I
<br /> appliceble iew may specify for reinstatement) before sale of the Property p Y � ,
<br /> i Instrument: or (b) entry of a Judgmenl enforcing this Socunty�nstrument.Those conditi0n5 are thnt Borrower: la) pays Londer all
<br /> sums whiCh then would be due under thls Securdy Instrument and the Notb es �t no acceleratbn hfld occurred; (bl cures a�Y _
<br /> dafault of any other covenant or agreements; (c) pays all expenses �curred in enforcing this Security Insirument. including, but —
<br /> 1 not Iimited to, roesonable attorneys' �ees; flnd(d)takes SuCh action as LendBr may reasonably require to assure that the Ilen of
<br /> this Security Instrument, Lenders rlghts in the Property and Borrower's obligatlon to pay the sums secured by this Security
<br /> I Instrument shall continue unchanged. Upon reinstatement oy Borrower, this Security Instrument and Ihe obligatlons secured ' ���
<br /> hereby shall remafn fully eHective as N no acceleratlon had occurred. However, thls right to rehstate shell not apply in the case . ` ��.
<br /> .,,��
<br /> l of acceleration under paragreph 17. _
<br /> 19. Sete ot Note; Change of Loan Servicer. The Note or e a partia� fnterest in the Note (together with thl5 ^
<br /> I Security Instrument) may be sold one or mare t�mes without prior notice to Borrower.A sale may result io a change in the entity : _ �
<br /> :�u
<br /> (known as the 'Loan Servicer")that collects m�nihly payments due under the Note and this Security Instmment. There also may `
<br /> be one or more chenges of the Loan Serv�er unrelated to a 581e of the Note. If there is a change of the Loan Servicer,
<br /> gorrower a���e and address of the n w Loan Sen�ef 8nd 1 eaeddresishto8wh�h paymentsvshou�dSbelmede. 7he not�e w�18alslo
<br /> � state l ie I
<br /> I contain any other Information requlred by appl�able law.
<br /> � 20. Hazardous Substences. Borrower shall not cause or permit the presence, use, di5posa4 storage, or release of
<br /> any Hezardous SubstanCes on or in the Property. Borrower shell not do, nor allow anyone elSe to do, anything aHeCting the �
<br /> � Pro 8e eY on ethe Pnopert ti of sme I quantitlesmof tHaza dous Subs anceisgthatoare gene ally ecognlzed tlo be approrpr ete to�normal _
<br /> t. I sco e
<br /> � residential uses ana to malntenance of the Property.
<br /> Borrower shail promptly gNe Lender written notice of any investigation, clalm, demand, lawsuit or other action by any
<br /> governmental or regulatory agency or private party InvoNing the Property and any Hezardous Substence or Envlronmentai Law of
<br /> whiCh Borrower has actus� knowledge. If Borrower leflrns, or is nOt�}�ad by any governmental or reguletory authority, thet any
<br /> removal or other remedlation of any Hazardous Substance aHecting Property is necesSary, Borrower sheA promptly take ali :c:
<br /> neCessflry remedial actions in acCOrdsnce with Environmentsl Law,
<br /> - i+s usdd ��� th�s par�nrsph 2^,�NgLarrinus Substances'are those substances deflned as toxk or hazardous substances by '�,\*
<br /> . Envlronmentai Law and the foliowing substances: gasoNne, kerosene, other flammable or tox�c petroieum p�i,d�ct6, :�x'� "� - : .
<br /> , � pest�ides and herb�ides,volaNle solvents, materials contahing asbestos or formaldehyde, and radloactAre materials. As used in
<br /> .,,..�; ..'T .
<br /> paragraph 20, "Environmental Law" means federel laws and Iaws of the Jurisdbtion where the Property�S located that relate to ;�
<br /> t health,safety or environmental protection.
<br /> NON•UNIFORM COVENANTS.Borrower and Lender fuRher covenant snd agr�ra as foliows: ' �
<br /> � ?1. Acceleration; Remedies. Lender shetl g(ve nottce to Bor�ower p�lor to ecceleretion '•. i..
<br /> �� following Borrower's breech of eny covenant or egre c blet law throv des rotherw ee).e Theb notice ���—
<br /> . ; prior to ecceleratlon under paragreph 17 unless app p �r=—
<br /> � sha01 specity: (a) the deTault; (b) the actlon required to cure the defeult; (c) a dete, not less than , .`_
<br /> ��; ; 30 days from the date the notice is given to Borrower, by whtch the default must be cured; and ��
<br /> y (d) that fallure to cure the default on or before the date specifled in the notice may resuit in �� -�;_ �
<br /> acceteretlon of the sums secured by this Security Instrument and sale of the Property. The notice ,�,_=.__
<br /> �_.�
<br /> shall further inform Borrower of the right to reinstete after acceleration and the right to bring a _ `rR
<br /> court action to assert the non-exiatence of a defauit or any other defense of Borrower to '.,�r_�Y
<br /> � � acceleration and sale. If the default is not cured on or betore the date speclfied in the notice, _;:,�,_�
<br /> � Lender et its optfon may require Immedlate payment in tuli of ali sums secured by this Security ,�, ;-_�,��
<br /> , �.:�:i-�--°-�
<br /> Instrument without further demand and may invoke the power ot sele end any other remedies
<br /> � permitted by epplicable law. Lender shall be entitted to collect ell expenses incurred In pursuing �:a�a�.auxra■�o�u��
<br /> I the remedies provided in this paragraph 21, includ(ng, but not Iimited to, reasonable attorneys' �•._�;�:�•
<br /> � fees and costs of title evidence. � '.����*? �
<br /> � If the power of sale is invoked, Trustee shall reaord a notice of default in each county in .:::�,
<br /> i which any part ot the Property is lacated and shali mail copiea of su�ch notice in the menner
<br /> � prescribed by applicable lew to Borrower and to the other persons prescribed by applicable lew. „
<br /> • After the time required by applicable law, Trustee shall give public notice of sale to the persons
<br /> ' and in the manner pregcribed by applicable law. Trustee, without demand on Borrower, shell setl
<br /> the Property at pubiic auction to the highest bidder at the time and place and under the terms �
<br /> designated in the notice of sale in one or more parceis and in any order Trustee determines. �
<br /> Trustee may postpone sale of all or any parcel of the Property by public announcement at the i
<br /> time and place of any previously scheduled sale. Lender or tts designee rnay purchase the
<br /> Properry at any saie.
<br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's �
<br /> deed canveying the Property. The recitals in the Trustee's deed shall be prima facfe evidence of �
<br /> the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the �
<br /> _._.�__ .._.,..... �e� •.. ou �.,�t� and exuenses of exercising the power of sate, and the sale,
<br /> ioiivw���y ....,.:.. �.., ... _.. ----- - - •
<br /> inctuding the payment of the Trustee's fees actuatly incurred, not�/o of the p inhcipal amount of the
<br /> note at the time of the declaratfon of default, and reasonable attorney's fees as permitted by law; i
<br /> (b) to all sums seaured by this Security Instrument; and (c) any excess to the person or persons
<br /> tegally entitled to it. ',
<br /> �.. �.��J11 1���/� 1'a90 4 ui'+ `'', —_ _ ��/— �
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