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<br /> � � 18. Bonower's Right to Reinstate. !t Borrower meets Certam cond�ions. Borrower ShaU have ttt9 r�ht co na�a ��°�`���:
<br /> ' � enforcement Ot thts Securdy Insitument disconYmued at eny time pr�o�to the eer�r of(a)5 deys (or suCh other period fls BppGcBb(e ,
<br /> - ` ` � + tav�may spflcJJy tor reinsffitement)befare sals a!the ProPeAY Putsuent to 8ny Dower of sate contalned in th�s Security Instntmen�or
<br /> � �y �
<br /> . � ,':,� (b) entry of a judgment enforcing thls SeCUrfty tnstrum9nt Thoss GondiUcns are tda! 8orrower. (a) Days ���sums wh�h then � . : . : :
<br /> . _' ' woutd be due under this Securihr �nst�ument and the Note es d no aG���Btion had oecuRed: (by cu2s anY deiBUR of any other� , `
<br /> ` � covenent ar agreements: ta) PaYg aU e�e^ses b�eurred in entoremg this Seeutiry tnsLUment, 'vic4id'u+g, but not i'rtnded to. re8sonab�
<br /> � � attomeys'tees;and(d)take9 such action as L6nde►ma9 ceasunably�equce to essure that the lien of this Secu�lY�nsUUment,tendel$
<br /> _ . ' �ghts in the Property and Banower'S obtigation to pay ths sums secured by this Securityr MSUument sha11 continue unchanged Upon'� � `�- '
<br /> • . � re�nstatamant by BaROwer, this Securdy instrument and the obGgations secured hereby shaU rema'vi fu0y eHective as �no acceleration� � {'a ,
<br /> � had oscurred. Hawever,this right to remstate shall not appN�t��of acceleration under paragsaph 17. ��
<br /> 19. Saie ot�lo4e; Char�ge of Loan Senricer. rne Note ar a �� m�e�esc m cne ►voce (co9ecner wah cn�s Securar� � r • . �
<br /> ` I n s t r u m en t)m a y be sotd one or moce times without Onor noNce W 8orrower.A Sala may resuft in a change b tAe entity(known as the� � •
<br /> f� - � " ' 'LOan Servk:er') that coliects monthy payments due ander the Note and this Sacurity tnstrument There aiso maY b e one or m o r e� �. �
<br />—_ _ . - . cnanges ot the Loan Setvicer unretated ta a sa�ot tha IVote. li there is e change af the Loan 3ervicer.Bormwer w�i be gfiren wrAten _ _ -
<br /> ° • � naitce ot the ehange� aecordance with paragraph 14 above and applk;abb law. The notice wiN state tRa r�ama and ad6ress ot the .
<br /> - ' ' ' new Loan Service�eed the address to which paymants shauld he made. The not3ce w�l atso contain aey o t he r i n i o�attun re q utred by �.T
<br /> �j� ePPliCable Iaw. . . �� :. .. .
<br /> 20. Hazardous Substances. Bortower shall not cause or pertnit the presence. use. disPosal.stor89a.or re�ase of eny
<br /> ��" `< Hazardous Substances on or in tfie Property. Bortower shall not do,nor alfaw anyone etse to Qo,enYthin9 aHecUn9 the Prope�ty thai
<br />;�Xis in viotation of any Envuonmental law• The precedrt�g two sentences shell not appty to the presence, use. or storage on the 1
<br /> i-` � � Properry of smail quantities of Ha:ardous Substances that are generaly recoS�i�d to be appropriate to normal resider►tiai uses and W ; ��. •
<br /> ''` . ,. , maintenance of the Propetly. t ' " r'"�
<br /> Borrower shall prornpty g►�e Lender written notice of any investgaGO�,oia���emand•IaWSUit or other flction by any govemmental ' _J:�.�-
<br /> ar regutatory agencY or Prrvate P�7► mvoMing the Property and any Heserdaus SLbstance or EmrQOnmenffiI Law of which Bortower has •. -,
<br /> � �_ � actual knowtedfle. If Boaovrer leams,or is notified by any govemmentat or regulatory authority,that anY removal or other remediation , ����
<br /> `;; � ot any MazarQous Subsmnce aHect i ng Me Pro p e r t y i s n e c e s s a ry. B o rt o w ar slwil prom p t ry take all necessary remsdiai 8etions � •�o�
<br /> ;_, , accordance with EnvQOnmental Law. '
<br /> t'�' � . . As used tn this paragraph 20, `Hazardous Stibstences" are thcse Substances defu�ed es toxic ar hazardou5 subStances bY �'�°•F;��;`
<br /> � ' Envvonmental Lav+and the tottowing wbstances:gasolese,kerosene,other flammabte or toxic petroleum products,toxtc pesticides and .. ,�.�,-.�.
<br /> Y '�'
<br /> - � herbicides, votatile solvents,materiais contelning asbestos or tomialdehyQe, end radioactive materiats. As used in this paragraph 20. '• y �_-
<br /> � ` °Emuonmental Law' means federai faws and Iaws of the jurisdiction where the PropeAy is located that r9late to heafth, safety or _ __ •;�'�
<br /> ', • envQOnmental protection. ��--
<br /> ,�, NOtWUNIFORM COVENANTS. Borcower and Lender tuRher covenant 6nd agre9 aS t011ow5: �••�
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<br /> .� 2i. Acceleration; Remedies. Lender shall give nottce to Borrower prior to acceleration totlowing .. #,,.,��r,
<br /> -= - � � Bor�ower's breach oi any covenamt or agreement in this Security Instrument (i�ut not prtor to •,,�,�>�
<br /> `�� acceteration under paragrapb 17 untess appllcabte law pravides otherwise}. Tlte nottce shail speeNy: . :�,,-�;
<br /> '•!' . (a) the defautt; (b)the actian required to cure the detautt; (c) a date, not less tha� 30 days trom the . • .,r•- J-
<br /> �.� � date the aotice is given to Borrower,by whlch the detauit must 6e cured; and (d) that feiture W cure + :_�
<br /> �� the defaialt on or betore the date specifled in the notice may result in acceleratlon of ffie sums � •- �
<br /> , � � _`� secured by this Securlty I�strument snd sate af the Rroperty. The noUce shall turther tntorm �.ti�'
<br /> � ,, . Borrower of the right to reinstate after acceterauon and the rtgM to bring a court actten to assert the : �,::�Y� .
<br /> � � aon-existence of a detault or any other detense of Bonower to acceteration and sale. t4 the default is - �.:-�J.
<br /> not cured on or before the date speciried in the notice, Lender at its option may require imm�diate . ., .
<br /> . pa y ment in tull of all sums secured by thla Securi4y Instrument without turther demand and may . ._,s�.;.s=.;
<br /> ° - invake the power of sate and any other remetltes permitte d by app U e a b l e t a w. L e a d e r s h atl be :.;:..
<br />'���� entiUed to caltect atl ex�enses incurred in �OUrsuing the rerreedfes provided in thls paragraph 21� :;;��;
<br /> - inctuding,but aot limited w,reasonabte attorneys'fees and cosis of titte e�idence. •� �'�"�
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<br /> � . � � It the power o4 sate is invoked, Trustee shall record a notIce oi detault in each county in which . ,.� .,.,
<br /> �'•�� � . , any part of the Property is located and shall mail coptes of such noUce i� the manner prescribed by �� -�:
<br /> :.�; applicable law to Borrower and to the other persons prescribed by applicable law. After tfie Ume . _ ;.;,�,,�
<br />- requlPed by applicabte law,Trustee shall give pubUc notice of sale to the pers�ns and in the manner _ _ ___ .�r..,.
<br /> � � presc�ibed by applicable law. Trustee, without demand on Borrow�r, shail seJ1 the Property at public .:
<br /> • . • . . : auctian to the htghest btdder at the tlme end place artd unde� the terms destgnated in the notice of � ,��;,_
<br /> - saie in one or more parcels and in any order Trustee determines. Trustee may postpone sate of s1I
<br /> �.i��' or any parcel of the Property by pubitc announcement at the tlme and place o4 any previousiy . ,
<br /> � scheduled sate. Lender or its destgne0 may purchase the Property at any sale. .. . . ..
<br /> =. ' Upon receipt of payment ot the price bid, Trustee shall deliver to i�he pu�chaser Trustee's deed .
<br /> `%� conveying the Property. The recitals in the Trustee's deed shatl be prir�� 4acie evidence ot the truth ..
<br /> of the statements made therein. Tros4ee shall appfy th� proceeds of the sate in the toltowing order: .
<br /> � (a)to all costa and expenses oi exerclsing the power of sale, and the sale, including the payment of : �
<br /> '.� the Trusiee's fees actuaNy incurred, not to excee0 3 °�6 of the principai amount of the note
<br /> ""° at the Ume of the dectaration of detault,and reasonabte attorney's tees as permltted by law; (b) to ell .
<br /> � sums secured by thts Security Instrument; and (c) any excesa to the perEOn or persans legaily
<br /> �� � � ' entitled to it �
<br /> . � ' ! 22. Reeonveyance. Upan payment af all sums secured by this Security InsVument,Lender shall request Trustee to reconvey . .
<br /> � ' the Property end shell surtender this Security tnstrument and eil notes evidBnCing debt secured by Shis SeCUtity Instrument to TruStee. . .
<br /> • � Trustee shali reconvey cne Property w�thout warranty and wfthout charge to ihe person or person9 iegaly entftled to it. Such person Or
<br /> '+` : persons shall pay any recordation costs. .
<br /> "•�: ! 23. SubstiWte Trustee. Lender, at its option, may from time to timo remove Trustee and ap0oint a successor trustee to .
<br /> iany Trustee appointed hereunder by an instroment recorded in the county in whiCh this Security InsWment is recorded• without
<br /> � Conveyance of the Property. SuCCesso► trustee shan succeed to atl tne titie. power and duties Conferred upon Trustee herev� and by
<br /> , i appl�cahle law.
<br /> •.:.;�. • � 24, Request for Notieea. eorrower requests that copies of the notices ot defauR and sals be sent to eorrowers address .
<br /> whicn is the Property AddreSS.
<br /> ' 25. Riders to thls Security Instrument �t one or more ridars are executed by Borrower and recorded together with i
<br /> ' th�s Securrty Instrument,the covenants and agreements of eaeh SuCh rider shell be �corporated into and shall amend and Supp�ement �
<br /> the covenants and agreements of this Securdy Instrument as if tne rider(s)were a part ot this Securrty�nstNment. •
<br /> � Form ]078 9/BO �
<br /> - " F+929LM01�0;97) Page 0 0l 5 .
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