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<br /> � � ';a 17.Tractts�ter of the Property or a B� _° Inter�4 in Borrower.If all cr any part of the Property or any iaterest in it ` �.. .
<br /> t8F
<br /> '< is aoid or transfecred(or if a beneficia!ioterest in Borrower is sotd or transferred and Borsower is not a natural person)without '�.�� ,
<br /> ' Lender's prior written coment, Lender may. at its option, require immediate payment in fuU of all sums secured by this � , , �
<br /> ` �- � Securiry Instrument.However,this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date � , .
<br /> ' - -':"..,�' of this Security Insirument. Y � � ' ,
<br />_ .�;r�.,.-;.
<br /> � lf Lender exercises this option.Lender shall give Borrower notice of acceleration.The notice shall provide a period of not ,;4,•', y
<br /> ----�°--i��T less than 30 days from the date the notice is detivered or mailed within which Borrower must pay all sutru secured by this _.
<br /> -` l., '���'',. ' Security tnstrument.If Borrower fails to pay these sums prior to the expitation of this period, Lender may invoke any remedies < <c
<br /> `� � ,- permitted by this Secority instrument without further nouce or demand on Borrower.
<br /> ti ' 18. Bonower's Right to Reinstate. If Borrower meeu certain conditions. Borrower shalt have the right to have
<br /> - � 5i � ' � � enforcement of this Secerity Instrument discontinaed ai any time prior to the earlier of: ta) 5 days (ar such other period as
<br /> � � %t. applicable law may specify for reinstatement) before sale of the Property pursuant ta ar►Y Wwer of sale con[ained in this `.��-'•' �
<br /> " Security Ins[rument:or(b)entry of a judgment enforcing this Security I��uument.Those wnditions are that Borrower:(a)pays , .r, .>`r
<br /> �� ` L.ender all sums which then would be due under this Security Instcument and the Note as if no accelerarion had occurred:(b) ,,: ,. ;,�,,_,;.•.'
<br /> : . , cures any default of any other covenants or ugreements: (c)pays all expenses incurred in enforciag this Securiry Insirument, ;.;;�' ,,�.;_;._
<br /> '• ' �� including,but rtot limited to,reasonable attorneys fees:and(d)takes such action as Lender may reasonably require to assure �.�. _
<br /> `� ' ' �•���� that the lien of this Security Instrument. Lender s rights in the PrapeRy and Borcower's obligauon to pay the sums secured by ;% ,.--..
<br /> � ' � " this Security Irutrument shall contin�e uncbanged. Upon re�nstatement by Borrower. this Security Instrument and the %^• :.
<br /> � obligations secured heraby shall remain fully effeccive as if no acceleration had occurred. However,ehis right to reinstate shall
<br /> � ' not apply in the case of acceleration under paragraph 17. . - -
<br /> `' 19. Sate of Note; Change of Loan Sen�cPr. 'f'he Note or a partial interest in the Note (together with this Security -•<_ ____
<br /> , . � � Instrument)may be sold one or more times without prior nouce to Borrower. A sale may result in a change in the entity([cnown . __
<br /> - � as the"L.oan Servicer")that collects monihly payments du:under the Note and this Security Instrument.There also may be one � , � `_�__
<br /> r�, � ` `'� � � or more changes of the Loan Sen+icer unmlated to a sale of the Note.If there is a change of the Loan Servicer, Borrower will be __�z �__
<br />''.r .. ' ' ' given written notice of the change in accordance with paragraph 14 above and applicable law.The notice will state the name and . ��_
<br /> • • - address of the new Loan Servicer and the addresc ta which payments should be made. The notice will also contain any otber .�:—
<br />>;- � . . information required by applicable law. r_�
<br /> .;:.�` �:=•...
<br /> ,k 20. HaTardous Substances. Borrower shall not cause or permit the presence, use.disposal, storage. or release of any , ;�_-
<br /> � "" Hazardous Subwances on ar in the Propeny. Bonower shaU not do, nor allow anyone e l se to do, an y thi n g affectin g the �.-�.,N:;�_�"�:-
<br /> � , •,,"` � Property that is in violatian of any Environmental Iaw. The preceding two sentences shall not apply [o the presence,use. or �:;`,�,ii,;•;."�•^�-
<br /> • storage on the Praperty of small quantities of Hazardous 5ubtitances that are generalty recognized to be appropriate to normal � _
<br /> • � . ' residential uses and to main[enance of'the Property. <.. .�:�:H�-
<br /> Borrower shall promptly give Lender written notice of any investigauon,claim, demand. lawsuit or other action by any ;;.t;,:. _
<br /> � � � • govemmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental law ".�`s'?� •--
<br /> � =s::;S, ;;-
<br /> • � � of a•hich Borrower has actual knowledge. If Borrawer leanis.or is nntiGed by any governmental or regulatory authority,that ,L
<br /> • � : �`' any removal or ather remediation of any Hazardous Substance affec[ing the Prapeny i,necessary.Borrower shall promptly take • �.-�_-
<br /> .:,:��.
<br /> all necessary remedial actions in accordance with Environmental Law. � ;__
<br /> � ' ��� As used in this paragraph 2Q "1-lazardous Substances" ure those substances defined as toxic or hvardous subsfances by .' ,�`
<br /> � Environmental Law and the following �ubstances: gasoline. kerasene. other flammable or toxic petroleum products, toxic , _-__�
<br /> ..: . ,: =:
<br /> , �� � �: �"�`" pesticides and herbicides.�•olatile solvenGs,materials containing asbestos or fam�aldehyde,and radioactive materials.As used in v __
<br /> _'.; , , this paragraph 20. "Environrrental Law" means federal laws and laws of tfie jurisdiction where the Property is located that �;.;-,
<br /> ' • relate to healtb,safety or em•ironmental protection. ' '�"�
<br /> � NOH-UNTFORM COVENANTS.Sorrower and L.ender funher covenant and agree as foUows: <� :��,
<br />_ � " ' Zl.AcceteratIon;Remedtes.[.ender shall give ttotice to Borrower prior to soceleranon following Borrower's breach ==
<br /> �� of a�ry covenant or agreement in this Security Instcument (but noi prlor to accelcration under paragrap9� 17 untess � �—
<br /> � �' �� . appficabte law prov�des othemise?.77►e notice shall specify: (a)the default; (b)the actian required to cure the defauU; . , ..;:.
<br /> ;°;% ' (c)a date,not less than 30 days from the date the not ice is g iven to Borcower.by w h i c h t h e d e f a u l t m u sl be v�red;and --�_
<br /> � � � � ` � (d) that faiture to cure the defaolt on or before the date speci�ted in the nottce may r�sult in acceleeatton oY the sums :•'�--
<br /> `•; ::. , . • secured by this Security Instrumem and sale of the Property.The notfce shall further intorm Borrower oi the righi to •-;
<br /> � • reinstate after acceteration and the rlght to bring a court acttan to assert thc ao�e-existence of a defauU or any ottn�s . �•�-:�=:°,�
<br /> dePense of Borrower to accelesation and se le. I P t he de fau l t is no t cur e d on o e b e f o r e the date s p ecified in the not�c�
<br /> � Lender,at its option.may reyuire immedlate payment in Puli of atl sums secured by this Securlty Inssemnent without � • •
<br /> ' Purther demand and may invoke the power of sale and any other remedies permitted by applicubte law.Il.ender sha0 6e ��'�;,- , � .
<br /> � entitled to coltect all expenses incurred in pu�suing the remedIes pravided in this paragraph 21,including,but not limited
<br /> • '' to.reasonable attorneys'fees and wsts ot titte evidence. •� "
<br /> . � , It the pnwer of sale is invoked, Trus�tee shall record a notice uf default in each county in which any parE of the � '� :
<br /> Praperty is located and shall mali coples oY such notice in the manner prescribed by appiicable law to Borrower and to
<br /> .. � ' �' the other penonti pr�cribed by applicable la�v. After the timr reyuired by applipbte law.Tru�tee shaU give public notice .
<br /> • af sAle to the persons an�in t6c manner prescribed by applicable law.Trustee,wifhout demand on Borrower,shall seli '•� �
<br /> � ,+ ' the Property at pubNc auction to the hlph�t bidder at the time and place and under the terma designated in the notice of ,
<br /> '. sate in one os more parcels and in any order Trustee determin�.Tru�tee may postpone sale of all or any parcel of the
<br /> � Property by publlc announcement at the Ume and place ot any prevlously scheduled sale. Lender or its desi�nee may ,
<br /> purchase the Property at any sale. .
<br /> , • '. .
<br /> ' Form 3028 9/90 '
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