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<br /> , �r ��� } 17.Teany�fer of the Prapect�'or s Be:teRdal Intem�!in Borrower. If all or any part of the Property or any interest in it ' �> • ,
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<br /> . ���.�. � is sold or transferred lar if a bene�ic�al inter�t in Barrower is satd or transferred and Borrower is not a natural person)withoui < ,;�;,_`
<br /> � • - Lectder's prior written rnnsent. l.ender may. at its aption, mquire immediate payment in full of all sums sec�►red by this C� - . .
<br /> �� ---'` gecurity[nserument.However,this optioa shall not be exercised by l.ender if exercise is prohitoited by federal law as of the date Q� `°,�,.•:.,,
<br /> `�`'`� of this Security Instrument.
<br /> --- �. T? ►f Lender exercises this option.Lender sttatf give Bo�o�++er nfltice of acceleration.The notice shall provide a peri v d o f no t _
<br /> .. ` ,,,���" (ess than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this �
<br /> ` - Securiry Instrument. If Borrower fails to pay these sums prior to the expiration of this period. [.ender may invoke any remedies � ..�i_; ,. `
<br /> . ��;n�d by this Securiry Instrumeat without further notice or demand on Borrower.
<br /> tS. Borroaeti's Rigl�t to Reinstate. !f Borrower meets certain cond�tions. Borrower shall have the right to have �:< ;�,
<br /> '�'':;`.'-- • '. ' Insuument dismnpnued at any time prior to the earlier of: (a) 5 days(or such other p�od�s � , ' ,; ; „
<br /> � � enforcement of thu Sect�nty ��t to an ower of sate conta�ned QQ
<br /> `' � ` applicable law may specify for reinstatement) before sale of the I'roperty P Y P .�`'' �' -_
<br />. � �� '' Security Insuumenr ar(b)eatrY of a judgment eafarcing this Security Instrument.Those condiuons are thac Borrower.(a)pays
<br /> instnunent and the Note as if no acceleration had octvrred:(b) <_ _ "`r
<br /> • '`�i Lender ap s�ms whieh then woutd be due under this Security :� ` �.-;-..
<br /> � ��� cures any defautt of any other covenants or ag�eements:(c)pays all expenses incurred in enforeing this�ecu:fty Instrument, , ,= ,� j�.
<br /> including,but nat limited to,reasonable attameys' fees:and(d)takes such asxion as Lender may reasanably require to assure ;.� '-
<br /> , that the lien of this Security Instcument,Lender s righu in the Property and Borrower's obligation to pay the sums secured by �:�V��';` � __
<br /> � :y�, this Security Instrument shall continue unchanged. Upon reinstatemeat by Borrower. this S e c urity Gutnunent and the
<br /> obligations secured hereby shall remain fully effecthv'�if no acceleradon had occumed.However.this right to reinstate shall
<br /> .' � '�.,*: not apply in the case of accelerauon under paragrap ,_
<br /> v ` 19. Sate af Note; C6ange of Loan Servicer. The Note or a partial interest in the Note (together with this Security ,�'•. :_
<br /> _.. , - �� ' Instrument)may g ty �-
<br /> �i:' � i�e sold one or more times withaut priar natice to Borrower.A sale may result in a chan e in the enti (lmoW'r► _---
<br /> �-- �� ��'��, as the"Loan Servicer")that collecu monthly paycnents due under the Note and this Security Instnunent.There also may be one _ `••�-
<br /> ` or more changes of the Loan Senricer unrelated to a sale af the Note.if there is a change of the Laan Servicer.Borrower will be , ���,.a.,�,.
<br /> ' • . �,;�� given written notice of the change in accordance with paragraph !4 above and appticable law.The nauce wi11 state the nacRe and ' _'�
<br /> . • � a d d r e ss of the new Loan Servicer and the address to which payments should be made. The notice wi11 also contain any other :r'�.��`=
<br /> _ • �;:.�.,� information required by applicabte law. �� ^ �-
<br /> 20. Razardoas Substances.Borrower shali noe cause or permit the presence. use,disposal.storage, or release of any �,-ffi:
<br /> � •� Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the : �,�,
<br /> - � , " properey L�-,.at is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence.use. or _ _
<br /> � � � ,"�' storage on the Property of smali quantities of Hazardous Substances that are generally recognized to be appropriate to normal
<br /> , . k� :� "r, tesideatial uses and to maintenance af the Property. ' .�,.� ' ; ---
<br /> -� � Borrower shaU promptly give Lender writte4 notice of any investigation,ctaim.dea�and,lawsuit or other action by any `
<br /> ,_ govemmental or c�egulatory agency or private party involving the Propercy and anY Hazardous Substance or Environmental Law �.�.•-�..�:;_�Y
<br /> . :� of which Barrower has actual knoR�S•�dge. If Borrower learns.or is notified by any govemmental or regulatory authoriry.that � 4 _� --
<br /> any removal or other remediation o€s.ry Hazardous Substance affecdng the Pmperty�s necessary.Borrower shall promptSy take , r t ,T;�
<br /> . � ..-`` all necessary remedial aetians in accordance with Environmental Law. '�'� =_A -
<br /> � ` � � • • .� As used in this paraorapfi 20. "Hazardaus Substances"are those subsr�ces defined as toxic or hazardous substances by '' ;-s•
<br /> s'.�._ __.---':. ::- _ =-
<br /> �' - Environmental Law and the following substances: gasoline. kerosene. othe;flammable or toxic petroleum products, toxic �'.�-_—
<br /> , � � • � pesticides and herbicides. volatile solvents.materials containing asbestos or formaldehyde,and radioactive materials.As used in . .��f_
<br />. �` • ' th;s paragraph 20. "Environmental Law" means federal laws and laws af the jurisdictian where the Pcaperry is located that _ _-�._
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<br />_ . :t relate to health,safety ar environmental protection. :.�;, " _
<br /> NON-UN(FORM COVENANTS.Borrower and Lender further covenant and agree as follows:
<br /> ' Zl.Acceleratton;Remedtes. I.cnder shaU give nottce to Borrower prior to aaeleratton following Borrower's breach _
<br /> � � ', of any wvenant or a�eement in this Security Instrument (but noi prior to acceieration under qrasag,eapb 17 unless --
<br /> r T�' • � �'�:"i appticable law provtdes otherwise).The notice shall specity: (a)the default; (b)the acttoa requircd to cure the default; ,_�__ _
<br /> •. `i (c)a date,not tess than 30 days irom the date the notice is�ven to Borrower,by which the defauit must 6e cured;and .,�; .:,:. �
<br /> � (� that faiture to cure t6e detault on or before the date specified in the nottce may result in acceteratton of the sums T
<br /> ..:.�:.. : , ��,. secu�ed by this Security Iastrument and sale of the Property.The notIce shall tuRher inform Borro�ver of the dght to . ' _
<br /> ' ' reinstate af'ter accelesatton and the right to br1ng a cou�t ac1ion to asseR the non-exi�tertce of a defaWt or any other � • • �'_�_
<br /> ' ' defense of Borroc�er to acceteration and sale. IP the default ls not wred on or bePore the date apecifed in the notice, , . __-
<br /> � ' ". •.'�.� Lender,at its option. moy require immediate payment in full of all sums secured by this Secur�ty Instrument without , _ -
<br /> � �; further demand and may invake the power oi sale and airy other remcdies Qermitted by appllcable Iaw.Lender shall be
<br /> � � �� ..( entitl�to collect ail expeases incurred in purcuing the remedies provided in this para�raph Zl.including,6ut not timited
<br /> • ta,reasanable attoraieys'tees and costs of title evidence. ..
<br /> ' :.� If the power Qfr sate is invoked. Trus�tee shaU record a notice of detautt In each county in�rhich any part oY the ._
<br /> t Peoperty is located a�d shall mail copic.w of such notice in the manner prescribed by applteabie law to Borrower and to
<br /> ' .,� the oiher persons prescc�Ced bY aPP�i�b1e law.After the time reyuired by applictsble law.Trustee shall give public notice
<br /> ��� � of sale to ihe Persons and in the manner prescribcvl by applicable law.Trustee,�vithout demand on Borrower,shall bell '��.'':
<br /> � � the Property at publlc auction to the highest bfdder at the time and plare and under the tcrtns designated 1n the rtottce ot 't:• .
<br /> � sale in one ar more parceLs and i�any arder Trustee determines.Trus4ee may postpone sale of ali or any parcel oY the
<br /> Pr�aperty by public announcement at the time and place of any previously scheduled sale. Lender or its designee may -
<br /> • . purchase the Property at any sale.
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