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<br /> - • �. � 17.'1'raasPer o1 the ProPertY or a Bene�idal Interest in Bon'ower. ff all or any part o�the Praperty or any interest in i� I ` _
<br /> is sold or uansferced(or if a beneficial interest in Bonawer is sotd or uansferred aad Borrower is not a natural persanf a•ithout �. ,
<br /> • Lxnder's prior written oonsent. 1xader maY• at its option, requirc immediate payment in full of a!1 sums securcd by this . ,
<br /> • < Sewrity lnstiumeat.However,dus oprian shalf aot 6e exercised by Lender if eaercise�s pmhibited by federai 1a�v a�oJ�he date , _ _
<br /> _- -- - --'�' af this Secauity last�umgnt. ` � �
<br /> ' ` If l.ender exercises this option.l.ender shall give Boaower noticc of acceieration. The noticc:shal!provide a pericul of noi _._'•�ti=, .,.. .
<br /> ` � iess[han 30 days from the date the notice is deliveced or mailed within which Borrower must pay all sums secured by�his , . ,
<br /> `< • Securityr Insuument.If Bonower fails to pay these sums priar to the expiration of this period,L�:nder may imoke any remedies
<br /> ` . . petmitted by this Security qnstn�ment without further notice or demand on Borrower. - �,
<br /> �', lg. Borrower's Itight to Reiastate. If Bflrrower meets certau► �°ndirions. B°n°wer shaU have the right [o have - -- .�.
<br />- � enforoement of this Secvriry 1nst�ument dis�°ntinued at any time prior to the eariier of: (a)5 days (or such other period as ' :
<br /> hcable law u�ay specifY far reinstatement�before sale of the Praperty pursuant co anY Pawer af sale contained in this -,_�,
<br /> ` , Secpur"�ty Instrusment;or(b)entry of a,judgment enforcing this Security lpstcument.Ttiose conditions are thaz Borrower.(a)pays . :J
<br />;_`t • : ;7 Lenaer all sum�whicb then wauld be due uader this Securiry Instrument and the Note as if no accet�ration had occurred: (b� .,s, .�'
<br /> cares any default of any other eovenants or ageements:(c)pays aU exgenses incurred in enforcing this Securiry Instrument, �� .•
<br /> '- including,but not limited to,reasonable aztomeys' fees;and(d)takes such action as 1xnder may reasnnably reyuue to assure �
<br /> ��- • tHat the lien of this Se�uiry Insunmcnt•1.ender's rights in the P[operty and Bo[rower's obligation to pay the sums secured bY , r�,_
<br /> ', � � S�ty ��¢�t s}�all �oatinue uncLanged. Upon reinstatement by Borrower, this Securiry [nsuument and the -
<br /> '`'� ` , obligations secured 6ereby shall remain fu11Y effective as if no acceleration had occ.vrred.However,this right to reinstate shall � I _Y_
<br />��_, not apply in the case of acceleration under paragraPb 17• �L
<br />:} 19. Sate of Note; Change of 1.oan Service�'• Ttie Nate or a par[ial incerest in the Note(together with this Security ;,.,�,,
<br /> - • . - Iastrament)m a y be sold one or more times withnut prior nodce to Bonower.A sale may result in a change in�he entiry(known
<br /> as the'Loan Servicer")that collects monthIY Payments d ue un der t he N o t e a n d t h i s S e c u r i ry I n s t r u ment.'itiere also may be one _ --�.�=
<br />_ ' 'L'.; or more changes of the Loan Servicer unrelated to a sale of theh 14 above and appl cable law�'fhe otice anlI'sta e the name and T- ��''�.
<br /> " ' given written notice of the change in accordance with patagrap ��
<br /> agra
<br /> �=�,
<br /> ; , add�ess of the aew I.uan Servicer and the address to which payments should be rnade.The aotice will aiso contain any other
<br /> -= - informauoa required by applicable law. ' �. :`��''
<br /> '� � 2(►.Hazardo�Substanoes. Borrower shall not cause or permit the presence. use. disposal. storage,or release of any . :,�-�—
<br /> 'IA��'::.(�� , • � 5t'
<br /> � l i a z a r d o u s S u b s t a n ce s on or in the Pro p erty. Borrower shall not do. nor allow anyone else to do, anything affecting the •;�,-
<br /> ::�.�s '. • praperty that is in violation of any Environmental Law. T he pr e c e ding t w o s e n t e n c e s s h a l l n o t a p p l y t o t h e p r e s e n c e, u se, or '�• +•,�:~�:;_;
<br /> storage on the Property of small qnantities of Hazardous Substances [hat are genesally rec°Y,��d eo be appropria�e to normal �,�;�._i:,�r
<br /> residential uses aad to maiatenance of the Propercy. �if�� ,
<br /> � � Borrower shall promptly give Lender written nouce of aay investigation,claim, demand. taasuit or other action by any _ ,�,:_,
<br /> t. •• en or rivate in�alvin the Pro rty and anY Hazardous Substance or Eavironmental Law �i�'�' _
<br /> govemmeatal or regulatory aS �Y P P�Y g � �
<br /> of whicb Borrower has acmallmowledge.If Borrower Ieams, or is n�tified b pany govemmentalBorrower sha la rom tl�talce . � �•,_'
<br /> . • any removal or otber remediation of azry Hazardous Sn�tance affectin tt►e Pro ert}is necessa�Y. p p y ';•.��
<br /> ' all necessary remedial actions in accordance with Envir�amental Law. � . � ,
<br /> pa���this paragraph 20. "Hazardous Substances" are those substances defined as toxic or hazardous substances by , , ''•�;: `
<br /> , �_...�•
<br /> Envlronmental Law and the followmg substances: gasoline, kerosene, other flammable or toxic petrol�um praducts, coaic ' -,:`,s`V
<br /> • , pesucides and herbicides.volatile solvenu,materials wntaining asbestos or formaldehyde,and radioactive materials.As used in
<br /> � th;s paragraph 20,"Environmental Law' means federal laws and laws of the jursdiction where the Propeay is located that •.;��-
<br /> '' relate to health,safecy or eavironmental proteaion. ,. . ,�:;t;;�,�
<br /> � NON-UNIFORM COVENANTS.Borcower and Ixnder further covenant and agree as follows:
<br /> � 21.Accelec�tion;Remedies.l.ender shaU give notice to Borrowee prior ta acceleration fo!lowing Borro�h 17 unless • � :'�,. -.
<br /> :��1., • of any covenant ur agi'ee��t in this Security Instrument (but not prlor to acceleration under paragrap
<br /> ' • appllcable taw provides ot6�rwlse).The sotice shall specify: (a)tde default; (b)the action required to cure the default; � ��Y,•._
<br /> ven to Borrowe*,by which the default must be cured;and �:��, _
<br /> � ' (c)a date,not less than 3�days from the date the notice is gi
<br /> � � (�that tailure to cure the defaalt on or 6ePore the date specified ia the no�ce may result in acceierntion of the sums (, +,�
<br /> � secured by th9s Secarity Tnsdvment an,�sale of the Property.The notice shal3 furWer Infortn Borrower of the rlght to 1��:.••`: `� • �,-.�i
<br /> •,'", � � " reiastate after acceteratioa and the dgbt to b�ing a court adlon to assert the non�adstence of a default or any other �
<br />' :. defease oY Borrower to acceleratlon and sale. If the defaatt is not cured on or before the date specitied in the notice.
<br /> Leudes,at its optton,may requlre immediate payment in full ot a!1 sums secured by lhis Securlty Instrumenl �vithout , ,
<br /> ' ' further demand and may envoke t6e power of sale and any other remedies permitted by applicable law.Lender shall be ,
<br /> • entitled to collect all expenses incun'ed In Pwsui°g the remedies provtded in this paragrapl�Zl.including,but not limitcrl �' . ` � ..
<br /> ' to,reasonable attorneys'fces and costs af tltle evidence. . . .
<br /> IY the power of sale is invoked,Tnutee s1�ll record a notice of default in cach county in�vhich any part of the ,
<br /> ' Property is located aad shall mall copies oi such nolice in the manner prescrlb�bbe tavp�Trustce shall gi e public notice �
<br /> the other persons prescrlbed by appltceble law.Ai'ter the time required by app
<br /> oY sale to the pe�sons and in the manner prescrlbed by applicoble law.Trustee. without demand on Borrower,shail sell . ,
<br /> — � the Property at public audion to the hlghat bidder at the timc and place and under the terms destgnated in the noticc of .
<br /> sale in one or more parcels and ln any order Trustee determines.Trustee moy postpone sale of all or any pArcef of ihe ! _
<br />�-_,,��;� � � Yroperly by pnbltc announcement at the tlme and place of any prevlously scheduled sale.Lender or its designee may k
<br /> �;`:; • • purchase the Property at any sale. , .
<br /> . Form 3028 �/9
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