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<br /> � �°.� . . � 17.TransFer of the Property or a Benefictal Interest ia Borrower.If all or any part of the Property or any interest in it ,_ .. .:�; � .
<br /> � ' � � �`� ` � is sold or traz�sferred(or if a benefic�al interest in Borrower is sold or uansfe.rres!and Barrower is not a naturai person)tvithout ' �.
<br /> • Lender's prior written cansent. 1.ead�'tna . at iu o tion. require immed►ate payment in Full of all sums secured bY this ..
<br /> ' h ti ��' gecuriry insnument.However,this option sh 11 aot be ep.xercised by Lender if exercise is prohibited by federal taw as of the date ':�� �
<br />: :`.i�:.:�.. ., �:., .< .
<br /> of this Securiry Insuument.
<br /> � '� •�`,� � If Lender exercises this option.Lender shall give Borrower norice of acceleration.The nouce shnll provitle a period�f aot ,
<br /> < ` less thaa► 30 days from the date the aotice is delivered or mailed within whic6 Horrower mast pay all sums secured by this .�
<br /> �� ' rior to the ea iration of this period. Lender may invoke any rectsedies �
<br /> - Security instr�ment.If Borrower faiLc w paY these se�ms P p � -- r ;; -'
<br /> , permitted by this Security I�swment without Curther noace or demand on Borrower. � ;�
<br /> � lg, guprower's Rtght to Reinstate. If Borrower meeu certain coadiaons. Borrower shall have the right to have �
<br /> � enforcement of tHis Security insYrument discominued at any rime prior to the eariier of: (a) 5 days (or such otlter periad as . • ;
<br /> ' �_ . ,. _. '� _���. applicabie taw may specify for reinstatement) before sale of the Property putsnant to any power of sale contained in this � `; _
<br /> - Security Insuument;or(b3 enuy of a judgment enforcing this Security Insbument.'i'hose condidons are ihat Borrower.(a)PaYs �,
<br /> • '• ` `' Lender all sums which then would be due under this Security Instiument and the Note as if no accele�ation had ooaured:(b) � ` '�, Y"�.:,,,,,.
<br /> � `� < -:� cures any default of any other covenants or agreements: (c)Pays all expenses incur�l iu enforcing this Security Luwment. � �`,�__-
<br /> . `' including,6ut not limired to.reasonable attomeys'fees:and(d)takes such action as i.ender may reasonably require to assare �
<br /> .y,� _.
<br /> , �'� - " 'ti• that the liea af this Secutity instrumea�Lender s righu in the Propercy and Borrower's obligarion Eo pay the sums secured by �' -
<br /> --�� . . this Securiry Inswment shall continue unchanged. Upon reinstatement by Borrower. this Security lnstrument and the iv� . 4,.--=.._v
<br /> ' . '� �bligations secured heceby shatl remain fully effedive as tf no acceleration had occurred. However. this right to reinstate shall _ -
<br /> , .�; not apply in the case of acceteration under paragraph 17.
<br /> . , ,,.,:� 19. Sate af PIot� C6ange of Lvan Servtcer. The Note or a partial interest in the Note (together with this Securiry �L
<br /> - lnsuument)may be sotd one or mor�times w�thout prior notice to Borrower.A sate may c+�n1t in a change in the emity(known
<br /> ' � •� ,< � �;�e°�Semcer^)that collects�aonthly payments due under the Note anc'this Secarity lastrument'17sere also may be one � __
<br /> __ r�;��.' ..;-,:,._. ar more changes of the Loan Servicer unrelated to a sale of the Note.If there is a change of the Loan Servicer_Borrower wiil be .�_
<br /> � --------- -- given written notice of the change in arcordance with paraSraPh i4 above and appiicable law.The notice will state the name azsd 4'=�'
<br /> . � .s.- .
<br /> � � � a�dress of the new I.oan Servicer and the address to which payments should be made.The notice will also oontain any other .�,_.
<br /> • �.�.� infarmation required bY apPlicable law. .' "' `��~
<br /> ' �� � � Z0. Hazardons Substauces.Borrower shall not cause or permit thr presence, ase,fisposal. storage.ar reiease of any � . .,}�-'::�_«-
<br /> � FIazardous Substances on or in the Property. Borrower shall not do. nor allow anyone else to do.anything affecting the �' : ;�_.:�
<br /> --, � --. property that is in violation of any Env"sronmeniall-aw. The preceding two sentences shall not apply to the presence, use.or -_��,,
<br /> storage on the Property of small quantities of Hazardaus Substances that are generallY recognized�o be appropriate to normal : ,, _�.
<br /> ' �. ', residenrial uses and to maintenance uf the Properry. �•. F���t
<br /> �. -
<br /> - � `���� � Barrower shaU pror�Jy give Lender written notice of any investigation,ctaim,demaad,lawsuit ar other action by any ' r��,�_
<br /> ' � govemmentai or tegulatory�agency or private party involving the Property and any Hazardous Substance or Environmental Law =,--
<br /> � .,.� ; of which Borrower has acsual knowledge. If Horrower leams.ar is notefied by any govemmenta!or mgulatory authority.that � _-.--- --
<br /> � ' `. � ';;'':�, �. any removai or other remediation of any Hazardous Substance affecting the Property is necessary.BormH+er shall promptly take :
<br /> ap necessary remedial actions in accArdance with Environmental Law. , . `��
<br /> " , • As used in this paragaph 20, "Hazardous Subscances"am those substances defined as toxic or hazardous substances�y `:.��
<br /> - �'``� . � ` 8nviros�mental Law and the following substances: gasoline. kerosene. other flammable or toaic petroleue�praducts, to�uc , �.��
<br /> • `.,;.. •..:�=�
<br />- • :f:; : pesticides and herbicides.volatile solvents,materials wntaining asbesws or formaldehyde,and radioacdve mz:�ials.As used in �
<br /> � this paragcaph 20. "Environmen t a l Lacv" means f e de r a l laws a n d l a w s o f t h e j u r i s d i c t i o n w h e r e the Pco p e r t y is located that ;.�
<br /> � ``,��': relate to healch.safety or environmental protection. '��
<br /> '��?' � NON-UIVIFORM COVENANTS.8anower and I.ender further covenant and agree as follows: '-•A=`
<br /> • � i t--
<br /> � 21.Acceleration;Remedtes.Lender shall gi�e aat�ce to Borrower prtor to accelerstion following Borrower's 6reach �.�
<br /> of any covenant or agre�ment in this Se�v�ity inst�ument (but aot prtor to acceteration imder paragraPh 1? unlesg �+.=-:_
<br /> - applicabte law provides othenvise).T he no t ice s h a l l s p e c i fy: (a)t h e d e f a u l t; (b)t h e a c t i o n r e q u i r e d t o c u r e tTte defaW t; _
<br /> � � � - (c)a date,not less than 30 days from the date the notice is given to Borrawer,by whtch the de�aWt mcLSt 6e cured;and =--
<br />- � (�that fa i lure to cure t he de fa u l t o n o r b e f o re t h e d a t e s p e c i H e d i n t h e n o t i c e m a y c e s u l t i n a c c e teratton o!the sums __
<br /> � .:.1;;'; secured by this Security Instrument pad sale of the Property.The nottce sha11 fvrther inform Borrowcs of the�ighht to ��,. ��
<br /> � � rein�tate after accelera3eon and the rlght w bdng a court action to assert the non�existence of a defauit or any othee . , _ _
<br /> ' defense of Borrocver to 2sceleration and sale. If tt.�defauit is not cnred on os before ihe date sp��l ia the nottce, __
<br /> � ' � ' Lender,at its option, may cequire immediate pagment in full of all sums secured by this Sesurity lnstrument witho� _
<br /> -;�' • � further demand and mav invoite the power o f s a te an d any o t her rem e d i e s p e r m i tt e d b y a p p l i c a b l e l a w.I.e nder shall be _ -
<br /> :'. . . � entitled to collect all expenses incurred in pursuing the re�nedies psovided in thls paragrapfi 21,includtng,but not ilmited •_ � .
<br /> ' to,reasonable attomeys'fces and costs of titte evldence.
<br /> If the po�ver of sale is invoked,Trustee shall recard a notice of defuult in each county in wh3ch any part of the :- ?,�^.�'
<br /> • • ' Property is tocated and shall mail copies of such notfce in the manner prescr�bed by appltcabte luw to Borro�ver and to
<br />. " �.(. ' ' the other persons prescribed by applicable law.,�fter the time required hy applicable law,Tn�stee shall give pubiic notice : „
<br /> � � of sale to the persons and in the manner prescribe�by appUcabte taw.Tn�stee,without demand on Borrower,shall sell _
<br /> ,' ', the Property at public anctlon to the highest bldder at the time and place and under the terms deslpnated in the rr�tice of . .
<br /> ' � sale in one or more parcels and in any order Tnutee determines.Trustee may postpone sate ot all or any q�arce�of the
<br /> , `.'� � Property by public announcement at the time and place of any previoustq scheduled sale. Lender or its designee may . •
<br /> � , ' puechase the Property at any sale. :
<br /> ... � . �;
<br /> �� � Form 3028 9/90
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