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<br /> ',. . ' . `� 17. Transfer of the Property or a Benefldal I�esQ in �orrower. If aU ot arty part of tAe PropeRyt o� , _ . .
<br /> any iMerest in it is soid ar transferred (or it a 6enefic�l hrterest in BorroweJ is sold or tians[etred and Bortower�not a natural ,,,�` <<
<br /> • , � .�( `� pascn)withaut Lend e r's p r tm w d tt e n eons e►rt.L e n d e r m a y.a t Q t s o p U o n.r e 4 u G e h r u n e d i a t e p a y m e rt t f n f u d o1 aD sums secu�ed D y . .,,.. . `
<br /> s .
<br /> this'Seq��(ty Instrument However.this opUon shaA noi be exerdsed by L�der 8 exerdse is ProhibRed by(ederai taw as of tt►e �� _ `.
<br /> .a . . _ ...,V:( � � ,;�C ��:` `..
<br /> � daie oi this Securiry lnstrument
<br /> : .} if Lender exeeises thts optlon.Lendar shall give Borrow�notice of acceieraUon. 'ihe notice sha0 provtde e pedod of no� . . . .
<br /> .�. j tess than 30 days irom the date tha notice is detivered cr maIIed wRhtn which Bortower must PaY all sums seeured D1►ti�[� . <.
<br /> • ' Security Instrument. H Bortaw�taHs to pay these sart�s pdor to the e�UaUon of this pertod. LendeJ may irnoke arry remedles i� .
<br /> 4�
<br /> ' = s,i pe�mdted py thls gecurity tnstnimert without further notico or demand oR Borrowec . �..,� ,
<br /> � I 1& Borrov�r's Right 4o Retnstate. If Borrower meets �r�fi conddtons. Bortower sha0 hava the dght to have � - . :. �.°•
<br /> ^ � entnrcement of thls Securitff InsMimert�scontinued at eny tlma pdor to the earGer ot (a) 5 days (or such other periad as � . •;r
<br /> _..-,�-:- � ePPiirable taw may spedty tor reinstatemer�t)betore sate at the Prop�tY Rursuartt to any power of sale cornatned tn this Secvriry � _ -.. _
<br /> — - --- Insheimett�or(b}entry ot a judg�nent�nfordng this Sec�rity Instrumerrt.Those con�itions are that 6artawer: (a) PaYs Lender atl ` .
<br /> � sums whfich then would be due under tfiis Securiry Instrumeni and tha Note as ii no accet�ation fiad ocairte� @) ��anY � � � �
<br /> ' . . : � defauft of any offier covenant or agreements: (e) Pays e11 e�enses incumed in erttordng this Security tnstrum�►� irtctu�n9. b++t
<br /> � not RmRed tn. reasonabte aCemeys'tees� and(�ffikes such adion es Lender may reasonabty require to assure that the lien of
<br /> • this SewrRy (nsOum�t. Lender's d9Ms in the Pr°perly and Bortowels obGgadon to pay the sums secured by this Seariry '_ . .
<br />_ ' .. Instrument shaD cortinue unchanged. Upon rdnsffitemerrt by Bortower. this Seeuridy Instrumert and the obC�gffiions secured __
<br /> . . herepy st�ap�emafi{upy et►edive as il no scceieratlon had oa:urted. However.this rigM to reinstate shaU not aPPN in the case • .. ,- �
<br /> - remafi • �
<br /> •`` ot aeed�adon wd�parayaph 17. ,�._
<br /> � ` 19. 5810 of NOiB; CitdR419 Of Loen S9TV�Cei. Ths Note cr a a paAtal interest In the Note(together with this < < ;,. _
<br /> ` be sold one ar more times without prfor notiee to Bortowrr.A sa[e may resuft in a change M the errtRy •� "_"��'�`'-
<br /> • � s Sec�riry Inswment)may � , . _'__
<br /> � • (known as the'Loan Serviee�that col►ecxs mortht7l P���e undei the Nute and thls 3ecur(ty tnstrummrt. There aJso may °. .7-• .� :
<br />. - be ane or more changes at the Loan Sa�'Y�r �mr�d to a sale ot the Nata ff there Is o change of the Loan Servtcer. `_�'_^•
<br /> ' � ` Borrawer w�l be given written notice of ttte chaz+ge u►a�eordance with Para�aph 14 above and appReable Iaw. The noUce w0! �
<br /> sfate the nartte and address of the new Loan Servfcer ar�the add�ess to whEch paymerts shauld 6e made. The notice w�l etso _-
<br /> ` '�,�_ ';.;
<br />- . - wrdain arry other irtfamia8on recNUed bY aPPGwbte law. •• - �—
<br /> . � ' . :,��:.
<br /> • • ....:'.r.::: :� 20. Hazardous Substanees.Hnrrower sha0 not cause or pemut the pres�ce. usa disDosal.storage, or retwse of �. • . :� �-_
<br /> . = i ar�y Hazardons Substances on or in the PropeKy. Borrower sNall nat d0.rtm aQow enyone e{se to do,anyMfng aftecHn9 the �_,•.__-
<br /> : �• .`: ' property that is in vioiatlon af eny Ernlronmentai law. The preceding two sentences shaU not appty to the pres�ce. use, or �
<br /> � ;�,'.�
<br />: � . .. staraSe on the PtoAenY of smaU quanUttes oi Hazerdous Substances thad are generaUy recv�ized to he appropAate to normal • `�`�.T?_.
<br />' , , restdenUUal uses end to maicrtenance of the Prope►ty. •"-:•�;��.�:�°
<br />" ' ' . Borrow� shail promPthl 9�e Lend¢r writttten notice ot azry irnesdgaUon. dalm. demand. (awsuit or olher a�nn by sny ��`>i:_�•.��.��:_
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<br /> _ . ,. govemmentel or regulatory agency or pdvate partY fnvoHing the PropeRy and arry Ha�dous Substence or Emfronmeetei Law ot -----r
<br /> , •, whfch 8orrower has acNal ImoafvledgaH'azardouswSubstance affecting eFroPern► isan es ar]►. 8orrow�' shaA promAUYttak a0 �`;
<br /> removal or other remeQiaUon o any ; '�:�:�;__
<br /> ' necessary remedial acdons in accocdance wlth Environme►�ffiI Law. �•;,;;�S '
<br /> . . A s u s e d f n t h i s p ar a g r a p fi 2 0.'H a z a rdous Substanees'are those substances defined as to�dc or hazardous substances by :. �`
<br /> :y,�-.� •
<br /> Envinmmental law and the toltowing substanees: gasoUne, k�osene, other flammabte or to�dc petroteum products. to x ic , ___
<br /> � � ., ` " pesdddes and herbieides.volatile sotvents. rtiaterfa►s�oMaintng asbestos or tortnaidehyde and rad�oacWe mater�ata As used in ��;'�
<br /> �;-:.r,.;,_,-.
<br /> � •, paragaph 20, 'Environmental Law' means federal laws and Iawa of the jurisdicUon where the Propert;+is�ocated that relate to ,�-;��
<br /> , � heatth,satety or emironmentat protecdon. . ��
<br /> .� . . ;_ �=-;.�i�:::_
<br /> - �- --"':-� NON-UNIFOAM COVENANTS.Bortower end Lender iirtther covenant and a�ee as foBows: ;:,�°;.: ;;;f,x+:
<br /> : 21. Acceteration; Remedles. Lender shall give notice 4o Borrawer p�tor to accefer�tton .�<":,�.t .'..^°-T,=.��_=
<br /> ' .� toilov�ing �orrowePs broach of any covenant or agreoment in thls Securlty tnstrumeM (but not ,r� .• � �'�=-
<br /> ..,,;:.,
<br /> � ' prior to acceteratton under paragraph 17 untess applicable law provides ottnorwise). The noUce `'�:.�'=�
<br /> ' •. . shall specPfyr (a)the detaul� (b) the actlon required to cura the detaui� (e) a date, not tess than .. L�
<br /> by whicb tha defaul4 must be cured; and � -��'`'
<br /> , . . �. i 30 days trom the date the motice ls gtven to Borrower. ",-;�W�.
<br /> ' (d) that fatture to cure the de4ault on or before the date specifted In the natice may result in ': ;_„��:
<br /> - , � : ::: � aeeeleratlon af the sums secured by thls Security Ins3rumeM and sate of th0 Pro�erty.'fft� naUee ;��. _�. :
<br /> � ` shall iurther iMorm Borrower of the right to relnatate after acceteration and the right to bring a --
<br /> : � � court action to assert 4he aon-exlstenc� of a detaul! vr any other deionse of Borrower tc � ; � �
<br /> � acceleratton and ea1e. tf the aiefault ts not cured on or betore tha date specffted in the notice, � �.�.;�: ;, � � '`
<br /> � Lender at tta option �aay require Immedlate paymeM in fuil of ail sume secured by this Securlty ..;= :
<br /> �� ` Instrument wi4hout fuRhor demand and may Invoke the power ot sala and any other �emediea ' • ���::� " �
<br /> _ � . permitted by appUcabfe law. Lendar shall be entltted to collect atl expenses incurred In pursuing �
<br /> .. �' the remadies provided in thts paragrapb 21, inaluding, bu4 nat Nmtted to, reasona6te attomeys' .
<br /> ' teea and cos4s ot title ovidence. .
<br /> _� � ,. ;,� If the power of sate 19 imrolced, Tnlstee ahall record a nulice W delae,It In each cauMy in _ .
<br /> which arry part af the Praperty la located and shafi matl copies of such notice in the manner
<br /> '` . :� prescribed by applicabte law to 8orrower end to 4he other persons prescribed by applicable Iaw.
<br /> � '� �f After the time �equired by appUcable Iaw,Truste0 shall give pubfic notice of sale to the porson� .
<br /> ;, . . � and in the manner prescribed by applicabte law.Trustee, without demand on 8orrawer, shall safl •�
<br /> ' ' , the Proparty at pu611c auctlon 4o the highest btdder at the time and ptace and under the terms .
<br /> designat0d in the noiice of sate in one or more parcets and In arry order Trustee determinea. .
<br /> � Trnstee may postpone sale o4 all or any parcel o! the Property by publlc announcement at the �
<br /> � time and place of any pre�iousty scheduted sale. !ender or its deslgnoe may purchase the .
<br /> • . � Property at any sale. �
<br /> a Upon receipt of payment o! the prtco b1d, Truatee shatl deliver to the purchaser Trustee's
<br /> � . . ; deed convaying the Property. The �eaitals in the Trustee's deed shail he prima tacie evldence of ti.�
<br /> � • � the truth af the statements made thereln. Trustee shall appty the proceeds o! the sale in the
<br /> ,: • tollovroing order. (a) to a0 costa and expensea o! exercising the power ot sale. and the sale,
<br /> � • inciuding the payment of the Trusteo's feea actualty irteurred, not to exceed Ten (1�) .� . �
<br /> . . _____ _ _____ __M �___--�- --% of the principal amount of the �
<br /> - � note at the time of the dectaration o!detautt, and reasonabte attomey's fees as permiited by taw; `. �
<br /> . . � � (b) to ati sums secured by this Securlty instrument; and (c) any euceas to the person or persona ` . '. . �
<br /> �� • legally entitted to it. i � • • .
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