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<br /> � � 17. Transfsr of the Properly oP � Benefici�l Interest in �o►rower. M aU or any part of the Propedy or � �
<br /> . . ; any interest in it is sold or trartsteRed(ar if a benefldai interest in 8ortower is sold or transterted and Borrower is not a natural ` , �. f
<br /> personj without Lender's pdor written consen�Lender may.at its cption,require immedate payment in fuU ot all sums sewred by
<br /> � ` � '.; this Seairity tnstrument.However.this optlon shail not be exert9sed by Lender it exerdse is prahbited by tederal law as of the . . _ -- ,
<br /> - ', ' • . � date ot this Securiry tnstrument C� . :�. ' ,
<br /> t ii Lender rxerdsas this opUon. Lender shaU give 8orrower notice o!acceteration. The nctice shail provide a period ot not �
<br /> c �.; less than 3Q days trom the date the noUce (s delivered or mailed within which Bortower must pay ail sums seaued by this ( ' �`
<br /> ! Seanity tnstrumeM. ft 8ortower tails to pay these sums pdor to the e�iration of this period. Lender may invoke any re:nedies - • �•
<br /> � � � ' permttted by thfs Securityr Insuument wYtt►out tuRher notlee or demand on Borrower. � •
<br /> � 18. 6orrower'8 Rigfit to Reinstat�. If Borrower meets eeAsin conditions, 8ortower shall haue the right to have �
<br /> ' � • entorcement of this Security Instrument diseonUnued at any Ume prior to the eafier of. (a) 5 days (or such other pertud as � •
<br /> ,. ' , aPPlicabte law maY$P�Y for reinstatemerit)before sale of the ProA�Y Pursuant to any power of sate w�tamed in this Security ;.. � . . _
<br /> - ' � . � InsUumen�or (bf erttry of a judqment erttoreing this Se�urity lnsue�ment.Those condiUons are tfiat Bortower:(a)pays tender aU � j<` . -
<br /> ' sums which then would 6e due under this Seauity Instrument and the Note as if no accelesation had oceurred: (b)cures a�Y �► f . �, '` � ,
<br /> - .� t defauft o!any other covenant or agreements: (�l Paf� ��P�ses incurred in entorcing thls Security instrument. induding. bul � .
<br /> - - ' not Iimfied to,reasonable auomeys'fees:end(d}takes such edion as Lender may reasonably require to assure that the Gen of �__. ` _ __
<br /> � � . �,� this Securtty Instrument, Lender's rights in the Property and Boaowe�s abligaUon to pay the sums secured 6y this Security I � �,
<br /> InsWment shaU continue unchanged. Upon reinstatement by Bortower, this Seatrily Irtstrument and the obligatlons secured €
<br /> hereby shali rerr�atn fulty eHective as if no acceleratlon had ocarred. However.this dght to reinstete shati not app►y in the case
<br /> �
<br /> . • * of aecde�ation under paiagtaph 1T. � : , .
<br /> , 19. S81� Of WOt9; Chang9 Of L02t1 SBtVIC9�.The Ptote or a a paRial Interest in the Note(together wlth this I:``' �°' �. . . �
<br /> , ��.-
<br /> � Security Instrument) may be soid one or mare times without pdor notiee to Borrower.A saJe may resuk in a change in the enlity
<br /> �' (tv�own as the •Loan Senrtcer')that coReds monthty payments due under the fVote and this Security (nstrument. There siso may �.� ;, Y�;_,'-,.
<br /> • ' be one or more changes of the Loan 3ervicer unretated to a sate of ihe Nota If there is a change of the Loan 5�+ricer. , • •: .
<br />�`� : Bortower Nn'�be given written noUCe of the change in accordance witn paragraph 14 abova and appficable law. The notice wi0 • ', "```� �
<br /> _ '�s:-Y.
<br /> . � sfate the name and admress of the new Loan Servicer and the addtess to.vhich paymerns shouid 6e made_ The noiice wW atso �. , •� �•.
<br /> � cordain any other infoimaUon required by appGcabie law. ,.._ � ,�� -
<br /> . . 20. H�Ardous SubstaTiCeB. Borrow�shsll not cause or p�rtn3t the presence. use. �asai. store9e.or release ot `;.�?,�;
<br /> - ' any Hazardous Substances on or in the Property. Borrower shail not do, nor altow anyone else fo do, anyt6ing affec,Un9 the . . . ;'.�-�`-
<br /> • Properry that is in vioiQdon ot any Environmental Law. The preced'mg two serttences shell not apP1y to the presenee. use, or < < .�� ,� �
<br />_.�� • � storage on the Properiy of smaU quantitiea ot Hazardous Substanees that are generalty recognized to be appropriate to normai ••�""
<br /> ..s:-�,
<br /> ` resMenttai uses and to mahitenance of the Property. - -
<br /> • BoROwer shall promptly gtve Lender written notice of any inveatigation, dalm, demand. IawsL3 or other action by any ' �-�
<br /> %�? • ovemmental ar tato a en or prlvate parly(nvotving the Prope►ty and any Harardous Substance or Environmerrtei Law o1 '� {, '' .�.��..��
<br /> :f•.: 9 �5�+ �Y S �Y T''•;•;.�.•,�.
<br /> whicfi 8ortower has actual knowledge. H Borrower leams, ar is notifled by any govemmerrtal or regu�atory authorfty. that any •i ; �4�,;rz__-
<br /> �s •.. removal or other remedfaUon of any Hamrdous Substance aifecting Property is necessary. Borruwer sha!! prompUyt take ail • ._L�;;�-
<br /> . necessary ret:tedre!adions tn accordanee with Envtronmeirtai Lsw. '� ��,
<br /> ' As used in lhis h 20, 'Fia7erdous Substances' are those substattcea defined as toxfc or hazardeus substances bY ti �
<br /> Environmentat Law and�the following substances: gaso0ne, kerosena other ftammabte or to�de petroteum products, toxic � =��-�
<br /> �,yT a
<br /> • pesticides and herbiddes, voiatife soNents,materiats contatr�ing asbestos or formatdehyde,and radioacWe materials. As used in t`'.��
<br /> . parayaph 20, 'Environmental Law' means federal laws a�d Iawa of the jurisdidion where the Properly is lacated that relate to ., � 4�` ; _
<br /> ;;i. '
<br /> hea(th,safety or environme�l protecNon.
<br /> ,}`�F.
<br />";: •
<br /> :..�( NON-UNfFORM COVENANTS.Bortower and Lender further covenant and agree as foltows: � �n•�='
<br /> � 27. Aaceleration; Remedies. Lender shall ghre natice to Bo�rawer prtor to acceleration ;.-',.;%�:���
<br /> � � following Borrawar's breach of any covanant or agreemeM in this Secur'�4y Instrument (but not �� '�,,�4�
<br /> �,`; prio� to acceleratton under paragraph 17 uniosa appifcabie taw provides atheniulsa). The natice ,�°•'� .� � �='�=�
<br /> :.,,.. _:..;,r�-
<br /> �• . shall specify: (a) the defauli; (b) the action required to cura the defaul� (c) a date, n�t leas than . ' .� .t"_'
<br /> � 30 days firom the date tfie �otice is given to 8orrower. by which the default must be cured; and � : -=�t:
<br /> .. (d) that failure 4o cure the detauR on or before tho date specffied in the notice may result in � . ����
<br /> , accetera4ton of the sums secured by this Security lostrument and sale of the Property.TfeO no3ice �'�
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<br /> . . shall 4urther intorm Bonower of the rigM to reinsta4e a4ter acceleration and the rig�t to bring a " z_--
<br /> • ' court action to assert 4he non-existence of a defauft or a�ry other defense af Bonower to � '-`�` �
<br /> ' -� ' accoleration and sate. tt the detautt 18 not eured on or before the date s�aciflod 1n the noNce� • `�,'`�'=
<br /> � . Lender at its option may requira immediate payment in tuQ of all suma secure6 by this Security • . .
<br /> .� " . � I�atrument without iurther demand and may invoke t�e pawer o4 esie and any other ►emedies �
<br /> �j'` . ,� permi4ted by appUcabte law. Lender shall be entitled to coflect alY expenses Incurred in pursuing .
<br /> , 'r� • the remediea provided in tMs paragraph 21, including, but not limited to. reasonable a4torneys' .
<br /> - • fees and sasts at title evidence. � . ,.
<br /> If fhe powor ot sale is invok�d, Trustee shail record a notice ot-def�u(t in each couMy in „ '.
<br /> � �� which any part of the P�operty is Mcated aa�d shall mall copiea of sucb notice in the manner �. � - •
<br /> . , presc�i�,ed by applicabte lavv 4o Borrower and ta the ather persons prescribed by applicable law. � .
<br /> ���:�t After the time required by applicabfe law. Trustee shall give pubUc natice o!safe to tiao persons
<br /> �� ; and in the manner prescribet0 by appUcable law. Trustee, without demand an Borrower, shall sell .
<br /> : the Property at public auctian to the htghest bldder at the time and piace and under the terms � .
<br /> designated in the aotice of eale In one or more parcol8 and In any order Trustoe delermi�ea
<br /> Trustee may postpone eale of ali or any parcel ot the Property tsy public announcemeM at the .' �
<br /> � tlme and place of any previousty scheduled sa18. Lender or its designee may purchase 4he " . �
<br /> . Property at any sale. . ' •
<br /> Upon receipt of payment ot the price bld, Trustee shali deliver to the purchaser Trustee's „ . �
<br /> � deed convoying the Property. The recitats In the Trustee's deed shall be prima facie evidence of . .
<br /> � i the truth o! the statemen8s made therein. Trustee ahali apply the proceeda of the sate in the • •
<br /> � followirtg order: (a) to aU costs and expe�ses of exercising the power of sale� and tho sate,
<br /> ' � - . inciuding the payment ot the Trustee's foes actualiy incurred. not to exce�d 1.00 I
<br /> % ot the principal amount of the '
<br /> - ' � note at the time of the declaration of default. and reasoaabto attorney's tees as permittad by law: !
<br /> (b) to all sums seeured by this Security InstrumeM: and (c) any oxcesa to the Qerson or persons �.
<br /> . " ; legalty entitled to it.
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