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<br /> { •16.Harrower's Copy. Borrowcr shell bc given onc conformcd copy of the Notc and of this Security InstrumcnG
<br /> 17.Tranqfer ot the Propert or a Beneficial Interest In Borrower. 1f all or any part oF thc Property or any intcrest in it is
<br /> sold or�ransfened (or if a bene�cial interest in Barrower is sold or transferrcd and Barrowcr�s not a nawralperson) without
<br /> ,� Lender's prior written consenG L.ender may,at its oPtion,require immedlate payment in full of all sums secure�#by tbis Securiry "'
<br /> InstrumenG However,this option shall not be excrcued by I.ender if exercise is prohibited by fedcral law as of the datc of this �
<br /> � Security Inswmen� -- _
<br /> If Lender eacrcises this oppon,i.ender shaU give Borrower notice of acccleration.The nodce shall provide a period af not less � �
<br /> than 30 days from the date thc noticc is delivercd or mailed within which Borrower must pay all.sums securcci by this Scxurity , _-:'„
<br /> i Instnunent If Horrower fails to pay thcsc sums prior to the expirauon of this period,Lender may invoke any remedies permitted �►
<br /> by this Security Instrument without further nouce or demand on Borcower. C �''`�'�"`
<br /> 18.Borrower's Right td Reinstate. If Bonawer meets cerlain condidons, Borrawer shall have the right to have !.D '
<br /> enforcement of this Securlty Instrwnent discontinued at,a�y�tirne prior to the eazlier of: (a) S days (or such oUter period as �;,,� :•
<br /> applicable law may specify for reinstatem�nt)before sale of tt�e Property pursuant to any power of sale contained in this Secun"ry �
<br /> Instrument;or(b)cntry of a judscnent enforcing this Securlty Instrumen�Those conditions are that Borrower:(a)pays Lender all � '*"���
<br /> lsums which then would be due under this Security Ins�umont and the Nate fu if no accelera6on had occurred;(b)cures a►►Y
<br /> I default of any other covenants or agrcxments;(c)pays all expenscs incurred in enforcing this Security Insuument,including,but
<br /> not limited to,reasonable attomeys'fees;and(d)takes such acuon a�Lender ma}+reasonably require to assure that the lien of this
<br /> Security Instrument, I.ender's righu in the Property and Borrower's obligauon eo pay the sums secured by lhis Security -
<br /> � Instrument shaU continue unchanged. Upon reinstatement by Borcower. this Security Instrument and the obligetions secured
<br /> hereby shaU remain fuUy effecuve as if no acceleration had occurred.However,this rigl►t w reinstate shaU not apply in the case of
<br /> accelcradon undcr paragraph 17.
<br /> 19.Sale of Note;Change ot Loan Servicer. The Note or a partial interest in the Note (together with this Security
<br /> Instrument)may be sold one or more times without prior nopce to�onower.A sale may result in a change in the endty (known
<br /> as the"Loan Scrvicer")that collects monthly paymants due under ihe Note and this Secunty InsWmen�There also may be one or -
<br /> �� more changes of the Loan Serviccr unrelated tn a sale of the N�te,If there is a change of the Loan Servicer,Borr�wer will be `
<br /> given written notice of the chenge in accordance with paragraph 14 above and applicable Iaw.The notice will state the name and ��
<br /> address of thc new Loan Servicer and the address to which payments should bc made.The notice will also contain any othcr :'�' ,—
<br /> information required by applicable law. �`�' G-
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<br /> 20.Hazardous Substances. Borrower shall not cause or permit the presence, usc, disposal, storage, or rclease of any .^�a�'•°
<br /> Hazardous Substances on or in the Property.Borrower shall not do,nor sUow anyone clse to do,anythmg affecting the Property u��,�_=
<br /> that is in violadon of an�r EnvironmenW Law. 1 he preceding two sentenccs shuii cwt aj;�,ty tv iha prescncc,usc,or starags on fhe ��
<br /> Property of smell quent�aes of Hazardous Substsnces that are generally recognizecl to be appropnate to normal resident�al uses . •,�t,,
<br /> and to matntenance of the Property. ,.�-'
<br /> Borrower shall promptly giva Lender written notice of any invesdgadon, claim, demand, lawsuit or other acUon by any '� �� ',�1:,�
<br /> governmental or regulatory agency ar private party involving thc Property and any Hazardous Substance or Environmental Law
<br /> of which Borrower hes actual knowledge.If Borrower learns,or is norified by any governmental or regulatory authoriry,that any :, ,��_
<br /> removal or other remcdiadon of any Hazardous Substance affccung the Property is necessary,Botrower shaU pmmpdy take all
<br /> necessary remedial acdons in accordance with Environmental Law. -
<br /> As used in this paragraph 20, "Hazardous Substances" are those substanccs de5ned as toxic or hazardous substances by -
<br /> Environmental Law end the following substances: gasoline, kerosene. other flammable or toxic petroleum products, toxic =�r�;:,°�
<br /> pesdcides and herbicides,voladle solvents,materials containu►g asbestos or formaldehyde,and radioacdve mateneis.As used in �.�..�„�:_
<br /> this paragraph 20. "Environmental Law" means fedcral laws and laws of the jurisdiction where the Property is laated that relate �;
<br /> to health,safety or environmental prou.cdon.
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<br /> NON-UNIFORM C�VENANTS.Bonowcr and Lcnder further covenant and agree as follows: - _��
<br /> � 21.Acceleration;Remedies.Lender�haU Rive noNce to Borrower prior to acceleration following Borrower's breach of - ,-�-,:__ _.
<br /> any covenant or agreement in this Security Instrument (but not prior to acceleratioa under paragraph 17 un[ess ,,k�''�±�"-
<br /> applicable law provides otherwise).The notice shatl specify: (a)the default;(b)the action required to cure the defaulh,(c) '��'�—`� _
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<br /> 1 a date,not less than 30 days from the date the notice is given to l�orrower,by which the default must be cured; and (d) ,��:'�;�_
<br /> � that failure to cure the detault on or before tbe date spetified(n the notice may result in accekraHon of the sums seeured '--_
<br /> jby this Security Instrument and sale of the Property.The notice shall turther inform Borrower of the rig6t to reinstete �
<br /> after accelcration and the right to bring a court actton to assert the non•�xistence of a detault or any other detense of �'" `
<br /> I Borrower to aceeleration and sale.If the default is not cured on or before the date spec[fieri in the notice,Lender,At its �^'�j�:��
<br /> � optton,may require immediate payment in full of all sums secured by this Secur[ty Instrument without further demand • • � . �
<br /> and mey invoke the power of sale and any other remedtes permitted by apptir.able law.Lender shall be entitled to collect
<br /> � all expenses tncurred in pursuing the remedfes provided in this paragraph 21,including,but not limited to,reasonable , '��
<br /> � attorneys'fees and costs ottitle evidence.
<br /> ' If the power of sale is invoked,Trustee shall record a notice of default in each county in which any part ot the
<br /> � Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the
<br /> other persons prescrtbed by applfcable law. After the time required by applicable law,Trustee shall gtve public notice of �
<br /> sale to the persons and in the manner prescribed by�pplicable law.Trustee,without demand on Borrower,shall sell the ;
<br /> Property at public auction to the highest btdder at the time and place and under the terms designated in the notice of sale i
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<br /> Form 3028 fl/90 �
<br /> � •eR(NE)�ez+z�.o� Paaasois ��itieu: �
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