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<br /> � 17.Transfer of the Property or a Beaeftaai Interest in Borrower.If al!or any part of the Property or any interest in it . _� ,Y''� ` , .�'
<br /> - ` is sotd or trancfemed(or if a benef�cial interest in Borrawer is sold or transferred and Borrower is not a natural person)without �.�r.. �: ,
<br /> ` ' � Lender s priar written consent. Lender may. at its opiion, require immediate payment in f u l l o f a l l sums s e c u r e d by tlus ;���: �� .
<br /> ��.`' Security instrumenc.However,this opuon shalt not be eacercis�by Lender if exercise is prohibited by federal law as of the dats ���� � ,,.���'s
<br /> . .. .` of this Security Instrument. � .- � `- •;,`"
<br /> <`-�-` If Lender eaercises this option,Lender shall give Borrower nouce of acceleration.The nouce shall pravide a period of not `����• `•� '`
<br /> �.- �,�.,,; � �.
<br /> _ _• Eess than 30 days from the date the notice is delivered or mailed within which Borrower must pay all swns secure� by this •,.
<br /> - - -= Securiry lnstmment.If Borrower fails Lo pay these stsas prior to the expiration of this period,Lender may invoke any remedies _ :�.y_
<br /> , permitted by this Security Instnunent without further natice or demand on Borrower. _ - _
<br /> • ` 18. Borrower's Hight to Ref�utate. If $omower meets certain conditions. Borrower shalt have the rig6t to have � , .
<br /> enforcement af this Security Instnurt�nt discontinued at any time prior to the earlier of: (a)5 days (or such other period as '
<br /> " ` applicablt law may specify for reinstatement) before sale of the Property gursoant to any power of sale contained in this '�. :.'�:;�� ' _;
<br /> � Security Instrumem;or(b)entry of a judginent enforcing this Security Instrument.Those conditions are that Horrower.(a)pays �� "•
<br /> �` �. • '�:A L e n d e r a l l s u m s w h i c h t h e n w o u l d b e d u e u n d e r t h i s S e c u ri ty Instrument and the Noie as if no acceleration had occurried;(b) ' .�,'�,�;�;
<br /> ! � �: '� cur�any default of any other covenants or agreements;(c)pays all expenses in�in enforcing this Securiry tnslrument, �' 'S: _ `�;._�_,
<br /> �;;.•.� ..
<br /> . � ,,; . including. but not limited to,reasonable attomeys'fees;and(d)takes such action as Lender may reasonably require to assure �.:r,�• �,��„.:-.._.�;
<br /> that the lien of this Security lnstrument,Lender's rights ia the Property and Borrower's obligatior�to pay the sums secured by "'?`� :.��' ,�,;�
<br /> _ � this Security Insuvment shall continue unchaaged. Upon reinstatement by Barrower, this Secwity Instrument and the .• °���w�=,�=_;
<br /> . �. obligarions secured hereby shall remain fulty effective as if no acceleration had accumed. Howe�•er,this right to reinstate shall ' ` ��•�;. ___
<br /> " •� ' not apply in the case of acceleration under paragraph 17. '
<br /> ,:,r-�� �,_�
<br /> _ . � � • 19, Sale oY Note; Chaage of Loan Servicer. The Note or a partial interest in the hote (together with this Security � `•
<br /> < Instrument)may be sold one or more dmes without prior notice to Bonower.A sale may result in a change in the entity(&nown _. .�;`�."
<br /> � • � - as the"Loan Servicer")that callects monthly payments due under the Note and this Security Insuument.There also may be one —_
<br /> . � �� I' or more changes of the Loan Servicer unrelated to a sale of the Note. if there is a change of the Loan Servicer,Borrower will be . �� 'g-��'�
<br /> - : �-,. '�r,_- given written noace of the change in accordance with paiagraph 14 abo�e and appticable taw.The aotice will state the name and �- --��•;;;�_.__
<br /> • �� address af the new Loan Servicer and the address to which paymenis should be made.The natice wili also contain any other ;-a -
<br /> , •• infom�ation required by applipble law. _ � �.�:��.
<br /> � 20. Ha7ardous Snbstances.Bnrrower shall not puse ar perntit the presence, use, disposal. storage. or release of any �-�!' •�'��=�`�
<br /> � � Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the ��� �� �''�"`i
<br /> - - ---� Property that is in vialation of any Environmental Law.The preceding two sentences shall not npply to the presence.tue.ar ..... `�
<br /> - � ' yF;, stora e on the Pro of small uantiri�of Hazardaus Substances that are enerall reco ized to be ropriate to normal '' �`
<br /> S p�n Y 9 g Y � a P P ,," �;'.,,
<br /> �� ., residential nses an d ta maintenance of the Property. ' �
<br /> • , Borrower shall promptly give[.ender written notice of any invesugation,claim,demand.lawsuit or other action by any � . 4_ -
<br /> � �� �ovemmental or lato a en or rivate mvaivin the Pro and an Hazardous Substance or Environmental Law f��
<br /> � rY 8 L7' P P�Y� 8 Pe1'�Y Y •�;;��"
<br /> , . . .� ..�. �f which Bonower has actual knowledge. if Borroa•er ieams,or is notified by any govemmental or re g u latory authority.that , �:,,��--
<br /> any removal or otl�er remediation of any Hazardous Substance affecting the Property is necessary,Borrower shall promptly take ,. . •;���'
<br /> • all necessary remedial actions in accordance with Environmental Law. :.,�,,�,,,�
<br /> ' ' � As used in this paragraph 20. "Hazardous Substances" are those substances defined as toxic or hazardous substanc.es by . ; ' . �;���
<br /> - � : � Environmental Law and the following substances: gasoline, kerosene. other ilammable or toxic peuoleum products. toxic ���,�i
<br /> � . ' .. � pesacides and herbicides.votaule soivents.materials cornainisig asbestos ar farn�aldehyde,and radioactive materials.As used in . • ��'
<br /> --� ��--. - . '^ this paragrapf�20, "Environmenta! Iaw" means federai laws sind laws of the jurissliction where the Property is located that ��' ''`���' :��
<br /> .. •'� relate to health,safety or environmental protection. ���� : .�T?t"--_
<br /> NON-UNIFORM COVENANTS.Borrower and l.ender further covenant and agree as follows: "'•�j.4.
<br /> � . � 21.Acceleration;Remedtes.Lender shall give nottce to Borrower prfor to acceleratton fottowtng Borrower's breacL � "� '..��'�
<br /> . � � of any ca�enant or agreetnent in this Securlty Instrument (but not prior to accelesation under paragrap6 17 untess � ''•:'���.:�
<br /> • • .,i applIcable law provides othenvise).The notfce shall specify: (a)the default;@)the actian required to cure the defautt; , • �._
<br /> '• (c)a date,aot less than 30 days irom the date the notice is given to Borrower.by whtch the default mast b�cared;and ' . , '�y�
<br /> ' ' ' � (�p that failure to wre the default on or bePore the date specifed in the notice may result in acceleradon of the sums �`"'"'�-�
<br /> • , • '� secured by this Sea�ri3y lastrament and sale of the Property.The notice sLal1 further InYortn HorroNer of the rlg,6t to '�.�: ��.:����
<br /> . �• '• reinstnte after acceleration and the rig8t to bring a courl adion to assert the non-existence oY a default or a�y otQ�er . �••'�`�.
<br /> -� �� � defense of Horrower to acceleration and sate. If the detault is noi cnred on or before the date Specified in the nottce, � •� �"�`';-
<br /> ' � Lender,at its option, may requlre immediate payment in fiill of all sums secured by this Securi�Instrnment without �� ` ��' '��'
<br /> � � � �' further demand and may invoke the pnwer of sals.and any othee remedtes permitted by appllcable taw.Lender shalt be ' -�•� � r°;:-��� •<�
<br /> �_ • entitle�to coltect all expenses irtcurred in pursuing the remedies prnvtded in this para�rreDh 21,iacludtng,but not limite� - , ."r.�
<br /> to.reasonabte attorneys'fees and costs oY titte evidence. ' � •. . ���
<br /> • , �. � ; , If the po�ver of sale is invoked, Trustee shall record a notice of default in eacb county in which any part of the , +��":�,•
<br /> • Property is tocated and shall mail coples of such notite in the manner prescr(bed by appllcable law to Borrower and to �'_
<br /> . � the other persans prescrtbed by uppllcable law.After the lime required by applicable law,Twtee shall give publlc aotice ,'*" '. � . '
<br /> ' . of sale to ihe persons and in the manner prescribed by applicable law.Trustee,without demand on Bonower,shall sell � . '
<br /> � � the Property at public auciion to the highest bldder at the Nme and place and under the terms deslgnated tn the notice of ' �
<br /> � � ' � sale in one or more parcels and in any order Trustee determines.Trustee may postpone sale of all or any parcel of the • , . '�,�} •
<br /> :� , . ' Property by publlc announcement at the time and place of any prev�ously schedufeJ sale. Lender os its designee snay ' ��'' ��.." .
<br /> ' purchase the Property at any sale. : � .
<br /> �` �. �
<br /> . , Form 3028 9l90
<br />. • Pago 5 0l B , �
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