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<br /> �, � � } � � � 16.Borrower's Copy. Bmrower s6all be givea one oonfoimed copy of the Note and of this Security iasuument '. ' . • , .`
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<br />_ � � i 17.'dYanst�oYt6e Property or a SenetIcial InterPSt in Barro�er. It all or any part of We Pmperty or any intr�est in it is �� .:•
<br />- • � ' so2d ar uansfrned{or if a ben e�cial int�st in Boaower is so2d or transferred and Borroaer is not a n a w r a lpe�son)w i t h o u t `.�
<br /> `, • ; La�der's ptior wriCea co�tuemt,Lendel atay,at its oQrion.re4uire imwe�iate pal�ment in full of all sums seanred by tLis Security ` } , `,.
<br /> � ""�' I n s u u m e a t H o w e v e r.d u s o p d o a s h a l!n o t b e e x e r c u e d b y Lender if exercise is Am1u'bited by fedeaal taw as of t he date of dtis . �
<br /> , � Security lnstrannent . .�f '. `
<br /> - , -- ' 1 If Lendex e�cerci�es this opuon.Lemder sshalI give Boirower aouce of accel�atian'Ihe uorice shari provide a perifld of not less - - --_--- �
<br /> than 30 days from the date the notice is delive�or mailed within which Boaower mnst pay all sums seciued by this Sec�uity t!� .. ' :
<br />- � � Instmment If Boimwes fails to pay these sums piior w the expuation of this period,Leadea may wvoke auy remedies permiued OD . .<
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<br /> by this Sec�uity Insavac�t witho�fiather nmi�e ar de�aand on Borrowe.r. � ,, _
<br /> 18.Borrower's Right to Yteinstat� If Bormwer meets ceamin wn�tinas. Hoirower shall dave the right to 6ave .
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<br /> '� enfo[cement of this Sec�nry Insm�m�t discondnned at any wne prior to the earlier of: (a) 5 day►s(or such othea peiiod ag .
<br />:�r`. ' applicable law may spe p'fy for reIDSt�enne�t)before sale of the Property piasvant ta anY Powes uf saLe wntaiaed in this Seauity � .--. . . . .�, .
<br /> - • 1nsm�meu�or(b)ennY of aludgment eafforcing tlus Sec�ty Inst�ument'Ihose oond�as�e that Bmtower:(a)DaYs I,ender aU � ` .,
<br /> ; � •
<br /> sums ahicb then wonld be dne under this Seauiry Inso�nme,nt and!he Note a9 if no accelaau4n had oa;arced:(b)c�nrc.s anY � '.,��-�- `
<br /> <'� � defanit of aay othei covenants or agceemeat�(c)PaYs all expeoses m�aured in eafoning thig Seanity Instrumen4�clud'mg,but � , ��:;a_:
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<br /> t.< not l�ited tn,reasonable attomeys'fee�and(�mkes such asxion as Lendei maX�easaonably requue w asWme that the lien of this � . r �., ,;..:?�:;_
<br /> :.� Seauity lasmunen� Lender�s nghis ia the Property aad Boaower's obliganan to pay the sums sec�ued by thig Secority . .._
<br /> ;��� � . ; Im�Cm�ent shall conpnue imcha�ged. Upoa reinsmte�nent by Boaow�.this S�r iasthccnent and the abli as se�ued . ,. ,'^.'�-.••:-
<br /> � ' . ; hereby shaU mmam fully effecdve as if no aa:ele�aIIon dad oaaured.Howeve,dus n h'g t to r�einstatc shall aot apg��'m the c�se of � : y�., .
<br /> �= ` f accele�ariananderparagraphl7. ,:"• . ;� �_
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<br /> .,• . . � 19.Sale o!No�e:Change of Loan Servioer. 'ttie Note or a partial intaest m the Note (wgethes with th'ss Seauity . �.=r.
<br /> `� Insrtrunent)taay be sold ane or more wnes witlwut paior notice ro Baaower.A sale may r�utt in a diange in the e,ndry([mowa �
<br /> �� ,; as the"Loan Service�'�that collects montDly yments dae ande�r the Note and this Se�uity Insuument lhere aLqo may be one ar . •'���-
<br /> '.r' mo�e chauges of the Loan Servicea mue�to a sate of the Note.If theae is a cl�an8e of the Loan Senriser,Bomnw�w�i be '. �-�_._;..; ��
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<br /> " E � � en wriuen notice of the change in accardance with p�agrapb 14 above and applicable taw.l7�e nodce w�71 state the name and " �.'°--4'
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<br /> , a�ddre.s4 of the new Loan Secvicer and t6e address to wldch Dayments should be inade.'Ihe notice wU also contain any othea � -;Y,;''�'°,.<
<br /> iafom�ation iequind bY aPPlicabte law. :'4` �_� .
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<br /> � � 2A.Hazardoaq Sabstances. Borrowea shaD not ca�.se nr pe�mii the gresenc.e. use,disposal. swiage, ar release of any '� _.. � Y
<br />, ��: . . H a z u d o w S n b s t an c e s o a a r ui the Pro p e r t y.Barrow�sLari not do,nnr altow miyone eise w do,anythmg affec�ng the ProP�S+ ... .;�.�-:�.
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<br /> t h a t is iu vio 1 a t i o n o f a n�&n v i m m n e n t a l L a w.'I 1 i e p r e c e d i n g t a r o s�t e a l c e s s d a l l n o t a p p l y t o t h e p r e s e n c e,a s e,or s t o r a ge on tAe ,.,,..�.�,
<br /> ' ; • Property of smaU quanuues of Ha�dovs Substaaces tAat arc gen�aaIIy recognizea! m 6 e appmpriate to normal residential uses ; . t�`;;.._�._,.
<br /> ��` , and w maintcoance of tP�e ProPertY- . •,.,,�._t;
<br /> �� ��• Bormwer shall P�mP�Y gi�►e Leatde,r wriueu notice of any investigarion,clavn,deu�and,lawsuit ar other acdon by any � ' -�--.
<br /> _" govemmeatal ar regulatory aBen�Y or F��F�Y involving the Propedty and any HaTardous Snbstance or Environme�tal Iaw . '�':
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<br /> �,..� of whic6 Barrowea has acwal Imawledge.If Hoirower leams,or is noufied b aa oveammmacntal or regulato�►anthmity,tbat aay . :.`,:���.
<br /> ' removal or other re�ediauon of any Hazardous Subssance affecting the Propeny�s necessary,Borrower sball promptly taice aII .
<br /> nece,ssary tanedial actions in accardance with Enviro�eatal law. • • '-��`��-''
<br />�-.�`, As ased'm this paragtaph Z0, "Hazardous Sa6srances"are those substances defined a4 toxia or hxrardous substances bY • ; ,°:�..
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<br /> • � Farvironmental Law and the following subsmnces: gaauline. keroseae, other flaa�mable or toaic petmleum pradnct�. wxic , , . ._•.;�
<br /> ' pesdcides and hedbicides,volan'te soh+ents,matenals contaimng asbestos or fomialdepyde,and radioacnve matexials.As nsed� . : , ' =��__
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<br /> • �In,yparag�ph Zp,"Envuomnental Isw°means federal laws and laws of the jurisdict�on wheae the Pmperty is located that relatc �, -�,
<br /> ' . w health,safety or environmeatal protcction. ����-
<br /> . � vi •,�-
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<br /> , ; I�10N-UNIFORM C01/ENAN'TS.Horrower and I.ender fuNier cov�ant and a�ee as follow� � . �#�
<br />� �'•� tl.AcceferatIon;Remediea L.ender shaD give notice to Borrower prtor to seceterado�foIIawing Bosrowes's 6reacb of - . `'�-:
<br /> an' coveaant or agreemeat in ttis Secnrlty In.gtr�eat (bat noi prfor to acce�eration ander paragrapb 17 antesg ; . / : �,�,.
<br /> - . . aypl�cable Iaw pro v i des o t 6 e r w t se).'t'he no Hce sha�s p e�i l y:(a)the dePaWt;@)t$e acdon reqoired to core the defanl�(c) , .
<br /> � a date.no3 less thaa�days Prom the date t6e aotice Ls$iven W Sorrower,by�hicd the defaWt mast 6e aual;and(dj
<br /> ; ' . • � • •_ ..
<br /> tbat Pa�ure to cnre W e defautt on or bePore the date specidied fin the notice may result in acceleradon o!the sams secored
<br /> ��:. • by thSs S�ority Instrument and sate of the Propesty.The notice s�aU Parther inform Borrower of t�e rtg6t to reiastate
<br /> ' � after acceteration and the rig6t to bring a oourt actlon to assert the non�esislence of a dctiault or any other defense of • . .
<br /> ..- ;. � �� Borrawer to acce4erallon aad sate.Df We defanit�no!cnred on or before t6e date sperNied m the no@c�Lender,at its • •
<br /> op8om,may requtre immedlate payment in fn0 of all sama secnred by t6iv Securlty Instrament w[thont tnsWer demand ,_ _.
<br /> ,��'' � and may invoke the power o!sale and any other remedics permitted by a�ppHrable 1aw.l.eader s6aD 6e entitied to colfect � •
<br /> �.,, i . all expeases iacurred in DuTSning tC�e remediea provtded in tmis paregraDb Zi,inetuding,bnt not limlted to,reasonabte . . . :
<br />°.•.i-� attoraey�'fees and costs oY tifle evidence. '_ � . , .
<br /> If the pawer ot safe ��ovoked, Trastee shall record a nottce o!delaalt in eac6 connty in whlch a�y part oY t6e '
<br /> Propertq tv located and shali matl copies of suc6 notice in the manner prescrlbed by�ppl�cabie law to Bormwer and to the
<br />��.�r:� . other persons prescri6ed by applfeable law.After t6e time required by appllcabte law,'d'eustee shaD give public notice oY .,
<br /> sale to t�e persons and in the manner prescribed by applicable Inw.Trustee,w+jthoat demand on Borroaer,shall se0 the
<br /> •, ';, j Property at publlc aaction to the 61gh�st bldder at the time artd place ane9 under the terms deslgaated in the notice of sale .
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<br /> • i Form 3048 9/90 •
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