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<br /> � � , � � � 17.TraaSfer oi the Property os a Beneftdal Interesl tn Borrower.If all or any parc uf the Property or any interest in it ,'` •°�� , , -
<br /> is sold or transferred(or i�'a benefcc�al interest in Borrower is sotd or tru�sfertgd and Borrower is not a natun+l person)without z .:'�
<br /> `� ` . i.ender s prior written rnnsent, Lender may. at its option, cequire immediate paycnent in fiil! of all sums secured by this
<br /> ' � ' ' Securiry Instrument.However,this aption shall not be ezercised by Lendcr if exerc�se�s prohibited by federa!faw as of the date ,
<br /> -. - . -.—��-�---: of this Security instnuneat. _` � . �
<br /> _ ..�a If Lender exenises this opuon, Lender shall give Borrower nouce of acceleration.The nouce shall provide a period of not
<br /> • � less than 30 days from the date the notice is detivered or mailed within which Borrower must PaY al� sum�s�� by this ___ _.
<br /> � Security Instrument.If Borrawer fails to pay ihese sums Frior to the expiration of this period.Lender may invoke any remed�es `,.4``;`,
<br /> � �� `. pemutted by this Security Insuument without further nodce or demand on Borrower. `� ,
<br /> � Ig, Borro�ei's Rig,�t to Reinstate. If Borrower meets cercain conditions. Borrower shali have the right to have
<br /> � - ' � enforcement of this Security Inshument diswntinued at any titne prior to the��et of•�y ��rs of sale�c�onwtaieaed in th�s � .
<br /> o :,� �` "' '
<br /> . . applicable law may specify for reinstatement) befor� sale of the Property p . .
<br /> � ' Secunty Insuumeat:or(b)enuy of a judgment enforcing this Security Instrurnent.Those oondiuons are that Borrower.(a)pays :::�,s_.
<br /> � � � I.ender all sumS which then would be due under this Security Instrument and the Note as if no acceleration had occurred:(b) :; _
<br /> um
<br /> ` cures any default of any other covenants or agreemenu:(c)pays all expenses incurred �n enforcing tlus Secvrity Iamusnen� � .4 � �-
<br /> ' including, but not limi�ed to, reasonable auorneys' 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 Property and Borrower's obligation to pay the sums secured by � ;�_ _
<br /> . � - this Security Instrument shall wntinus unchanged. Upon reinstatement by Borrawer, this Security Insuument and the ( '. ; , �_
<br /> ' o b l i g a u o n s s e c u r e d hereb y shall remain fully effective as if no accetera!ion had oc�ur�i.How� •er,this�ight to reinstate shall
<br /> . � ',: not appty in the case of acceleration under paragraph 17• �`.=-s:__.
<br /> - 19. Sate of Note: Change of Loaa Servicer. The Note or a partial in[eresi in the Note (together with this Security
<br /> ` insuument)may be sold one or more times without prior notice ta Borrower. A sale may result in a change in the enaty(tcnown `� s,. .,j-�_.
<br /> . _ as the^I,oan Servicer")that callects monthly payments due under the Note and this Security Inswment.Then also may be one . ;___
<br /> ~ '' or more changes of the Loan Senricer unrelated to a sale of the l�tote. If there is a change of the Loan Servicet.Borrower wi11 be r-- � ,- �
<br /> � _ . '.:,�y$,, g iven written natice o f t he c h a nge in acco r d a n ce w i t h p a r a S r a P h 1 4 a b o v e an d a p p l i c a b t e l a w.T h e notice wil!state the name and .-;; .cR1�,J
<br /> address of the new Loa►�Serviter an d c he a d dress to w hi c h p a y�n e n i s s h o u l d b e m a d e. 'I 7�e n o t i c e w i U a l so conta"sn an y other '.. ��'=
<br /> � ' information reyuired by applicahle law. � �
<br /> 2p. Hazardous Substa�nces. Bormwer shall not cause or permit the presence, use, disposal. storage. or release of aay �,: �,_;�•=R^_
<br /> - ' - Hazardous Substances on or in the Property. Borrower shall not do. nor altow anyone else to do, anything affecting the '�j:� �
<br /> � • ' Property that is in violation of any Envuonmental Law• The preceding two sentences shall not apply to the presence, use, or �;�:_.
<br /> � � storage on the Property of small quantities of Hazardous Substances that are generally recagnized to be appropriate to norn�al „�;�4,
<br /> , • � .:� residential uses and ta maintenance of the Property. ��
<br /> : � Borrawer shall promptly give Lender written nouce af any investigation,claim.demand. lawsuit or other action by any •. ,i'�"
<br /> � �,{ govemmental or regulatory agency or private party involving the Properry and any Hazardous Substance or Environmental Law , . �=_,
<br /> 'y;.,.�.
<br /> � `,� of which Borrower has actual knawledge. If Borrower leams. or is nonfied by any governmental or regulatary authority.that , ,.. ., ;.;;�;
<br /> • � . ' any removal or other remediation of any Hazardous Substance affecting the Property is necessary.Borrower shall promptly take �: ��.��:�,;;„:_
<br /> ' ''w�= all necessary remedial actions in accordance with Environmental law• +' � �'�;
<br /> �.:
<br /> ' .:�� As used in this paragraph 2U. "Hazardous Substances" are those substances defined as to�cic or ha7ardous substances 0y _ ,,�.
<br /> Environmental Law and the following substances: gasoline. kerosene, other flammable or toxic petroleut►t products, toxic ,: ��;;'��
<br /> .";,k p e sticides and herhicides.volati fe so lvents,materi a ls w n t a i n i n g a s b e s t o s o r f o m i a l d e h y d e.a n d r a d i o a c t i v e materials.AS 0.5Cd ID ' ,r �.,`�.`,,;��;
<br /> • this paragraph 20. "Environmental Law" means f e dera l laws an d laws o f t h e j u ri s d i c i i o n w h e r e t h e Pro pe rt y is lacated that • , �,� _
<br /> , , ;� , .-'.;=....
<br /> relate to health,safety or environmen t a l protection. R
<br /> �.. ' � NON-UNIFORM COVENANTS.Borrower an d L en der f u r t h e r c o v e n a n t an d a g r e e a s f ollows: ��;'`•;y�_
<br /> � Zl. Aeceleratton;Remedles. Lender shall give notice to Borrower prios to acceteratton fallawlns Borrower's breacb = ._
<br /> ' ` ' . of any covenant or agreement in tLis Setarity Iastrument (but not prior to acceleratton ander paragraph 17 nnless —�
<br /> ' - . �• � applicable Iaw provides atherwise).The notice shall specify: (a)the default; (b)the actton reqWred to cure the default; , ___
<br /> ` (c)a date,not tess lhan 30 days from the date the notice is glven to Borrower,by�vhich the default must be cured;and ,T4-
<br /> (d)that failure to cure the defauit on or before the date speciiZed in the notice may resatt in acceleratton of tlte sums . _. , .:;.��
<br /> - � � j�' secured bY this Security InSt�vment and sale of the Property.The notice s6a11 further inform Borrower oY the right to � • :, ;
<br /> ` :�,'.:i reinstate after acceleration and the rlght w bsiag a court action to asserl the non-exlstence of a default or any other �,, �• ��1j _,,�,
<br /> • ' � � • s! defense of Borrower to a c ce terat ion an d sa le. I f t h e d e f a u l t i s n o t c�r e d o n o r b e f o r e t h e d a t e s p e cified in the notice.
<br /> � � ! Lender, at its option,may requtre immediAte payment in full of all swns sec�red by this Securlty Instcument without . . .
<br /> � � .. �.� ( further demand and may invoke the pnwer of sale and any other remetlies permitted by appllcable 1aw.Lender shall be ,� .,-_ —
<br /> � ! entitted to collect all expenses incurred in pursuln�the remedies provided in this paragrapfi 21,intluding,but rtat limited
<br /> to,reasonabie attorneys'4ees and rnstg of tttle evidence. � . •
<br /> � • If tAe po�ver af sale is invoked,Trustee whall recosd a notice of dePault in each county in whicb any part of the . •
<br /> " • . � Property is located and shall mail copies of such notice in the manner prescribed by aQplicable law to Borrower and to . � .
<br /> t6:e other pe�sons prescrlbed by applicable law.After the time requlred by applicabte faw,Trustee shal!g(ve publte aottce
<br /> � •��� oY sate to the persons and in the manner prescribed by applicable law. Trustee. wtthout demand on Horrower, shall sell
<br /> the Property ut public auction to the hi�teest bldder at the time and ptace and under the terms deslgnated in the nottce oY ,
<br /> • � Pro ertynby �bllc ann u'nce ent at the dme and place of any�pre ously chedatepd sale.!Lender or itc desi�ee may • � . ..
<br /> ' � ' � ��rchase the Property at any sale. . .. .
<br /> �I ' r ..
<br /> , ' , . i� Form 3028 9180 � �
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