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<br /> ,. « ' l7.Traaster of the Propeety or a Beneffcial Interest in Borro�r•er.[f atl or any part of the Properiy or any interest in it ' . � � '<�
<br /> ` � is sold or transferred(or if a beaef c�ai interest in Bomower is soid or transferred and Borrower is not a natural person)without
<br /> , ` Lender's prior written consent. Lender may. at its optian, rcquire immediate pa}ment in full oF all sums secus�ed by [his
<br /> .; � c, . Security Instrument.However,this optian shail not be eacercised by l.ender if ezercise is prohibited by federal law as of the date '.
<br /> of this Securiry Insm�ment. • ��
<br /> � � . • . ' If Lertder exercises this option.Lendar shall give Borrower notice of acceteratiun.7'he notiee shalt provide a period of not . . .
<br /> ,_-'�;', � less than 30 days from the date the notice is delivered or mailed within which florrower must pay all sums secured by this • f .,
<br /> � `��� . Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period,[.ender may invoke any remedies
<br /> -������°-•= permitted by thu Security Instnsmert withaut fnsthcr notice or demand on Borrower- _, _
<br /> . � 18. Borsower's Right to Relnstate. If Borrower meets certain conditions. Borrower shall have the right to have
<br />- � enforcet[tent of this Security Instmment discontinued at any cime prior to the earlier of: (a)5 days (or such other period as . .
<br /> • applicable law may specify for reinstatement) before sale of the Property p�usuant to any power of sale contained in this •
<br /> $��jry lnctr�men�;or tb)entry of a judgment enforcing this Security instrument.Tt�ose conditions are that Borrower:(a>p�ays �,
<br /> � Lender all sums which then woutd be due under this Security Instrument and the Note as if no acceleration had occurred:(b) '•��' •" `� ,'�
<br /> � � cures any default of any other covenants or agreemenu:(c)pays all expenses incurred in enforcing this Securiry Instrnment. . :;-_-
<br /> ` � > �°• inctuding, but not limited to,reasanable attomeys'fees:and(d)takes such action as I.ender may reasonably requue to assure � ; I_a�-
<br /> • f that the leen of this Secarity Instrument.Lender's rights in the Property and Boirower s obligation to pay the sums secured by � . :--..
<br /> ' • this Serurity insuument shall continue unchanged. lJpon reinstatement by Borrower, this Security Instrument and the "�
<br /> • � obligarions seeured hereby shall remain fuUy effective as if no acceleration had occurred. However,this right to reinstate shall � =�' :� ,
<br /> ;,;,.� � �-� not apply in the case of acceleration under paragraph 17. � `_�"
<br /> � ;: � 19. Sale of Note; Change of Loan Servicer. The Note or a partea! interest in the Note (together with this Security � �,_'.`; •,: _
<br /> ` Instrument)may be sold one or more times without prior notice to Borrower.A sale may result in a change in the enuty(known ° :�_��
<br /> as the"Loan Servicer"?that collecu monthty payments due under the Note and this Serurity Insuument.There also may be one �' _-
<br /> , � , or mom changes of the Laan Servicer unrelated to a sale of the Note.If there is a change of the Loan Servicer,Borrower will be �
<br /> • � . � given written notice of the change in accordance with para$raph 14 above and applicable law.The notice will state the name and � �"r::'' °;_".
<br /> - � � . address of the new Loan Servicer and the address to which payments shoutd be mAde.The notice wip alsv contain any other E'�' . -- ,�__.
<br /> : � . ' ' information required by applicable law. � � .,,
<br /> � • 20. Hazardow Substances. Borrower shall not cause or permit ths presence,use, disposal, storage, or release of any - ��
<br /> � � Harardous Substances on or in the Property. Borrowet shall not do, nor allow anyone eise to do, anything affecting the , �:��;M,
<br /> � • '•-�`f Property that is in violation o[any Environmental Law. The prececting two sentences shall not apply to the presence,use,or �� !�„_•"_
<br /> � �' - storage on the Pruperry of smail quantiues of Hazardoes Substanves that are generally recogni�.ed to be appropriate to nom�al ;,,.t ;'""=_
<br /> � � residential uses and to maintenance of the Property. � .��
<br /> ��.� . � Borrower shall promptly give Le�er written notice of any investigation,claim,demand, lawsuit or other acrion by any ��- - _ _
<br /> ' ` .�y• govemmental or regulatory agency or private party involving the Praperty and any Hazardous Snbstance or Enviranmental Law •. _ __
<br /> • `•` . •• of which Borrower has actual kaowledge. If Borrower leams,or is natified by any governmental os segulatory authority,that —
<br />�' . . . any removal or other remediation of any Hazardous 5ubstance affecting the Property�s necessary.Borroner shall promptiy take
<br /> � all necessary remedial actions in accordance with Environmental Law. `�--
<br /> 4'.•.�.-
<br /> ; • As used in this paragraph 20, "Hazardous Substances" ate those substances defined as toxic:�r ha�ardous substanaes by � . ,__,
<br />,•!;;R Environmental Law and the follo�ving substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic _ _ .
<br /> , � � , � pesticides and herisicides,volatile solvenu,materials containing asbestos ot fomialdehyde,and raclioactive materials.As used in _
<br /> „ � this paragraph 20. "Environmental Law" means federal laws and laws of the jurisdiction where the Property is tocated that
<br /> ' " �.� � relate to health,safety or environmental protection. = -=
<br /> � ' NON-UNIFORM COVENANTS.Borrower and L.ender further covenant and agree as follows: '' °� r�;-
<br />� � 21.Acceleratton;Remedies.Lendee sha!!gtve notice to Borrower prlor to acce[eration foIIowing Borrower's breacl� •-��-,�;
<br /> . • • of any covenant or agreement in this Security Instrnment (bat not prlor to aacteraHon under paragrapb 17 unless ''""`
<br /> •�. � � , applicable law provldes athenvtse). The rtotice shall specisy: ia)the defaul�(t►)the action required to cure the dePault; � • .;��.,
<br /> (c)a date.not less than 30 days from the date the notice is given to Barrower, 6y w6ic6 the default must be cured;and .. ���` -
<br />:��.'� ' (�that f�ilare to ture the de�sutt on or beforn the date specified in the notIce may result In acceteration of ihe sums . , -�:
<br /> • secured by this Security /nstrument and sate of the Property. The notice shall turther inform Borrawer of the right to =`�
<br />- � • reinstate aiter acceteration and the right to brin� a cousl action to assert the non-existeace of a default or any other
<br /> defense oY Borrower to acceteratlon and sale. If the default(s not cured an or b e forn the date specified in the notice, : .
<br /> . . • Lender. at its aptiom,may requlre immediate payment in full of ali sums securecf by this 5ecnrity lnstrument without • ••
<br /> �',;` further demand and may invoke the power oY sale and any other remedies permitted by applica6fe law.l.ertder shaU he ,
<br /> • ' entitted to collect all expens�.w incurred in puasuing the remedies provtded in this paragt�ph 21,Including,but not Iimited _
<br /> ° to,reaso�abte attorneys'fces and cosiq of title evidence. � •
<br /> ' • It the po�ver of sale is invoked,Trastee shall record a notice of defautt in each wunty 3n which any part of the ,
<br /> •� , , � � Propeety is lacated and shall mail coptes c�B so�ci�notice in the manner�csscribed by applicable law to Bosrower and to . . -
<br /> ' ' the other persons prescribed by appltcabte tan.After t6e time reyuired by applicable law.Trustee shall give publtc nofice ,
<br /> • � • of sale to the persons and in the manner prescribed by appllcable law.Trustee,�vIthaut demartd on Borro�ver,shatl sel! ,.
<br /> ' � the Property at public auctlon to t��hiRh�t blddes at the time and place and under the terms deslgnated In the notice of ,
<br /> � � • sale in one or more parcets and'r.8 any order Teustee determinc.w.Trustee may postpm:e sale of all or Any parcel of the
<br /> � Property by pubitc Announcement at the time and place of any previously scheduled sale. Lender or its deslgnee mAy
<br /> parchase the Property at any sale. ' '. .
<br /> Form 3028 9/SO ,
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