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<br /> � � N.Traasfer of the Property or a Beneficial Iaierest in Borrower.if all or any part of the Property or any interest in it •
<br /> r�..; . �,.'.. . .
<br /> is sotd or transfemed lar if a beneficial inte^est in Borrower is sotd ot Uansferred and Borrower is not a natura!person)withuut� _.
<br /> �� � . Lender's prior �vritten consent. Lender may. at its option, res�uiie im�nediate payment in fa11 of ali sw� secured by this� . � -
<br /> :, . '_!. Security Insuument•However,this oprian�hall not be exercised by Lender if exercise�s prohibited by federal law as of the date
<br /> - ---�:r---��` of this Security Inswment. .�
<br /> - -`���� �': -s• - - --
<br /> - -- If Lcnder eaercises this option.L�nder sha!!give Borrower notice of acceleration.The notice shall provide a period of not �' _
<br /> � � ` �� less than 30 days from the date the norice is delivered or mailed within which Borrower must pay aii sunu secured by this � ` -
<br /> ' Security Instrument. If Borrower fails to pay these sums prior to t!►e expiration of this period,i.ender may invoke any remedies :
<br />_.. ', , . � permitted by this S�rity It�trument without further notice at demand on Borrower. � -
<br /> 1& Borrower's Riglst to Reir►state. If Borrower meets certain rnnditions. Borrower shall have the right to have
<br /> � enforcement of this Security Instrument disoontinued at any rime prior to the earlier of: (a)5 days(os such other period as � _ ;`f . . __
<br /> a p plirable law may specify for reinstatement) before sate of the Property pursuant to any power of sale contained in this t _
<br /> � ' , � Security Inswment;or(b)entry of a ju d g ment en forcing t h is Secu ri t y I n s u u m e n t_T h o s e c o n d i t i o n s a re t h a t B o r r o w er.(a)p a ys F__
<br /> ' � Lender all sums which then would be rtue under Wis Security Insuument and the Note as if no aceeleraiion had occurred: (b)
<br /> • . cures any default of any other covenants or agreements:(c)pays all expenses incurred in enforcing this Security InsbumeM, �,`_y:•:,�°_
<br /> including,but not limited to, reasonable attomeys' fees;and(d)tafces sucfi action as Lender may reasonablY re9uire to assure
<br /> that the lien of this Securiry Instnunent,Lender's rights in the Property and Bornnwei s abligation to pay the sums secured bY � , ,�
<br /> � - t h is Set�ri ty I�stnunent shall continue unchanged. Upon reiastatement by Borrower, this Security Insuurnent and the :: _
<br /> ' � . . - obligations x°,cured hereby shall remain fully effective as if no acce leration h a d accu m e d• Ho w e v e r,t h i s ri g h t t o m i n s t a t e s h a l l "�.;�� ,'_
<br /> not apply in�he case of accelerapoa under paragraph 17. _
<br /> 19. Sale ot Not� Ct�ange of Loan Servlcer. The Nate or a partial interest in the Note ltogether with this Securiry �' ��"''
<br /> •� Instrument)may be sold one or more times without prior notice to Borrawer.A sale may resalt in a change in the entity(lsnown ,,,
<br /> : �. `..'` " as the"Loan Servicer")tfiat coliec�ts monthly payments due under the I�Iote and this Security Instrument.Ttiere also aray be one .�'`:-�-.. �"�--
<br /> ° � ,�-,:.--
<br /> ','�� or more changes of the Loan Servicer unrelated to a sale of the Nate.If there is a change of ihe Loan Servicer.Borrower wili be ,� A„
<br />` �, � . . given written notice of the change in accordance with para�raph 14 above and applicable law.The r�orice will state the name and =,;_�;.r__
<br /> address of the new Loan Servicer and the address to which payments shauld be made.The notice cvill also contain any oiher ,;.��
<br /> . ' , information required by applicable law.
<br /> • v�•
<br /> _ , �i. ;:,;:
<br />_ -.���,:;;. 20. Ha7ardous Substances.Borrower shall not cause or permit the presence, use. disposal, storage.or retease of any �_--_•
<br /> � Ha7ardoos Substances on or in the Property. Borrower shall not do, nor allow anyone etse to do, anything affecting the .;:;,�--,
<br /> i • Properry that is in violation of any Environmental Law. The precedin�two sentences shall not apply to the presence,use.or =
<br /> ' �'�.;, storage on the Properry of small quantities of Ha7ardous Substances that are generalty recognized to be appropriate to narmal - �
<br /> residential uses and tn maintenastce of the Property.
<br /> ; -<.� � • Borrower shall prompcly give Lender written notice of any investigation.claim.demand, lawsuit or other action by.aay :; —.
<br />>'�If�.: .•. � ` governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law _Y___
<br /> � r.•,,.� ,;.
<br /> `•�"t � •�"�' of which Borrower has actua] knowledge. If Borrou�er learns.or is noufied by any governmentai or regulatory adtltority.that . .
<br /> � any removal or other remediarion of any Hazardous Substance affecting the Property is necessary.Barrower shali prompdy take � "_'���
<br /> all necessary remedial actioas in accordance with Environmental Law. 1,: � ''""'�
<br /> •, .,�__
<br /> � As used in ihis pFUagraph 20, "Hazardous Substances"are those substances defined as toxic or hazardous substances by : __
<br /> -`- - � -' Environmental 4aw and the�Following substances: gasoline. Iccrosene, other flammable or toxic petroleum praducts. toaic , ;'-:_ .
<br /> ' � pesticides and herbicides,volatile solvents,materials containing asbestos or formaldehyde,and radioactive materials.As used in :ti::,—m.
<br /> :.,. :: .
<br /> � • : this paragraph 20, "Environmental Law" means federal laws and Laws of the jurisdiction where the Pcoperty is located that ���
<br /> j�'�.: � relate to health.safery or enviranmental pratcction. ._,, �'��"?�-
<br /> - NON-UNIFORM COVENANTS.Borrower and Lender further wvenant and agree as follows: .. �'�-
<br /> ' '� Zl.Acceleration; Remedtes.Lender shall give notice to Borcower prior to acceleration foRowi2,r Bor�ow�e 17 n��it��sv . —
<br />- � � . of any covenant or agreement in this Securlty In.Strument (but not prior to acceteration under paragi'ap
<br /> � . .� applicabfe la�v prov[des otherwisc).The notice shall specify: (a)the defauit; (b)the actton requireA to cure the defaalt; � , _
<br />:�`'; ! � .�•; (c)a date.aot tess tLan 30 dnys from the daie the no4ice is�iven to Borrower,by whtcb the default must 6e etsred;and _J_1': • —
<br /> ' • (d)that failure to cure t he de fau l t on or b e fore t h e d a t e s p e c i�e d i n t h e n o t i c e m a y re s u l t i n a c c e t e r a t[o n o f t h e s a m s �- - .
<br /> " � secured by t6is Secarity Instnm�ent and sate of the Pro erty.The notice shall fu�ther inform Borco�ver of the rtght to • -��
<br /> • " � ���'f reinstate af4er aceeleration artd tPoe cight to bring a court actton to assert the non-exisuence of s default or any other , =-.�—"`�"'':
<br /> defease of Borrower to acceleration and sale. IP the default is not cured on os before the date specitied in the notice, • T',y.;
<br />:•,;,,�•� . � . • ?, Lender, at its optton. may require immediate payment in fuU ot all swns secured by this Security Insteument wtthout -• :--=_
<br /> . � • • surther demand and may invoke the poK•er of sate and any other remedtes permitted by applicable law.Lender shall be .
<br />- � � entitled to colfect aU expenses incurred in pursuin�the remedies provided in this paragraph 2I,inciuding,but not limited
<br /> • ' ` to.reaconable attorneys'fees and casts of titte evidence. • � .
<br /> • IP the pa�ver of sale is invoked, Trustee shalt secord a notice of default in eacb county in which any part oY the
<br /> � Property is located and shall mail wpies ot such rtotice in the manner prescrlbed by appficable law to Borrower and to
<br /> � the oiher persons prescn'bed by appltca6le law.Ai'ter the time required by a�piieable taw.Trustee shall give publte notice
<br /> o!sale to the persons and in the manner prescribed by applicable law.T�s4ee, �vithout demand or� Barro�ser,sha0 sel! .
<br /> � � �� � the Property at public auction to the highest bIdder at the time and place and under the terms desigmated in the nottce of �„
<br /> �7 sate in one or more parcels and in any order Trustce determin�.Trustec may postponP sale of all or any parcel oY the - �
<br /> • � . property by public announcement at the time und place ot any previousDy scheduted sale. Lender or its des9gnee may '� •
<br /> � � ' purchase the Property at any sale. .•u
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<br /> � . Form 3028 9180 � -
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