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<br /> ' <' � � � ' 17.Transfer of the Propert9 or a Benettdal I�t in Borrawer.If all or any part of thr Proprcry ar any�nierrst m it • .
<br /> . is soid or transferred(or if a benefiaal interest in Borrower is sold or uansferred and Borrower is not a�atural persoA)without : 'c
<br /> I�nder's prior written cansent, L e n der may. at its op tiou. r e c l u i r e i m�°e�a t e P a Y m e n t in fiill of all sums secured by ch�s , '
<br /> - gecnrity Insm�ment However.this option shall not be exercis�d by Lxnder if execcise�s prolubited by federal law as of the date � : `a:��; .
<br /> .. � � of this Se�auiry insaumen� -'-
<br /> - If Lender exercises this option,I.ender shall give Boaower notice of acceleration.The autice sha11 provide a prriod of not �,_�_. , '_ .
<br /> tess t6an 30 da ys from the date the notice is delivered or mailed within which Bormwer must pay ali ssu�sxurtd by this . ` :'::.�`
<br /> Sec�uit9 Iasuument If Barmwer fails to pay diese�s prior to the expiration of this period.LeaBer may invo k e a ny r e m e d ies - �:,
<br /> . petmiued by this Secarity insa�urment withom farther notice or demand on Botrower. '� ;
<br />" 1�. Borro�w�'s Right to Retastate. If Borrower meeu cenain conditions, �orrower shall dave the right ro have `_ „ . ..', . .
<br /> - i enfo�ement of this Securiry Inst��eat d'isc.bntinued at any time prior to the earlier of: (a)5 daYs(or sucb other periad as ' �
<br /> . applicable law m�Y SPecif9 to ower of sale coataiued in this - - �
<br /> ; for reinsfatement)befoze sele of the ProP�Y P�'� �Y P < .
<br />- ' • Secority Insuumen�or(b)en�Y of a jndgment enforcing this Sewrity Insuument Those candinons are that Barrower:(a)PaYs . .
<br /> �' , . L,ender all swns�vhich then cvaald be dne under this Secority Instcament and the Note as if no acceletadon 6ad accarred:(b) ,
<br /> t = wres any default of any od�er covenants or agreemeats:(c)Pays a11 expenses incuned in enforcing this Securiiy.Insuument. . , .
<br /> ` inciuding Isnt not linaited w,reasonable attomeys' fees;and(d)takes s�ach action as Lender may reasonably zeqwre to assvre _�._:
<br /> ` • :; d13t the lieII of dlis Se�itY in�r�Pn Lender's rights m the Property and Borrower's obligation to pay the soms secured by ,:�<•_��
<br /> this Seca�ity Instrament shall wnti�e unc]�anged- UPon reinstatement by Borrower, this Seauity Ins�uwmeai and the _ ._
<br /> ? ; obli tions secored bereby shall remaia fully effearve as if no acceleration had accuned. However.this right to reinsEate sha11 ` '- _
<br />::�. :Y nat�apply in the case of accelesation ander paraBnPh 17. .� �°
<br /> ' 19. Sale of Note; CGange of Luan Servlcer. The Note or a partial inoerest in the Note(wgedier with th'ss S�u�it5► ,-'�„Y� .� _
<br /> :f. , Instnmient)may be sold o�or more 6mes wi t ho4t p�ior n o t ice t o B o r r o w e r.A s a l e m a y r e s n l t i n a c h a n ge in the enti ty(�wn , . -
<br /> - as the'Loan Serricer°}tbat collects monthly papcnents due onder the Notc and tLis Se�auit9 Insamneni.There alsa may be one ... - ---_
<br /> - ' or mone changes of the Loan Senricer uncelated to a sale of the Note.If there is a change of the Loan Sen►icer.Borrower w�1 be _ ___
<br /> < � given written notice of the change in accordance with paragrap3�14 ahove and applicable law.The notice will state the name aad
<br /> ,�.----
<br /> ,. address of the new Loan Servicer and tfle address to winch payments shonld be made.Ths notice will also cantaia any other
<br /> t: a'`,���
<br /> .. info�ation required bY aPP�ble law. �'.:,s:��.�
<br /> � ati
<br /> .`f - Zp. Ha�ardons Snbstances. Boirower sball not cause or pemiit the presence, nse, disposal, s�torage, or zelease of aay ,.^,,.�,�
<br /> � Ha7ardous Snbstances an or in the Propercy. Borrower sbaIl not do, nor allow anyone else w do. anything aff�xing the - T�.•..
<br /> Property tl�at is in violation of any F.nvironmental Law.Thc precedinS two sen[ences��m,�Pw bto the P nate�co' nosinal ==—
<br /> ` t. ' swrage an the Property of s�nall quantities of Ha�rdons Subs�ances that are generallY PP�P �_-..
<br /> .. � ; resident'ral ases and to•�a�++rP*�s�^�s o f t he P r o percy. ,: t �e
<br /> : ° Borrower sbaU P�P�Y�'e I.eader wriuen nntice of any imestiga6on.claim,demand,lawsvit or other action by any ' �_
<br /> ,' '� govemmental or regalator9 aSencY or P�P�Y imolving thL Property and any Ha�ardaus Substance or Havironmental taw ,� ',rk_�.
<br /> •�. .,•.: �::?..��.
<br /> � of which Bortower has actual Imowledge. If Barrower le�mc,or is notified by any governmensal or regutatory autlwrity,that _
<br /> any cemwal or other remediation of any Hazardous Su6stance affecting the Property is necessarY.Borrower shall promptly take . , �..t.:�"
<br /> • all necessasy remedial actions ia accordance with Emrim�mental Law. .. '`�"��
<br /> ! 1.J A_."
<br />- . pS used in this paraglaPh 20. "Hazardous Substances'are those substiances defined as toxic or hazardous substances by - � �._-
<br /> ,� ; E m i r o n m e n t a i L a R r a n d t h e followi n g substances: g a soline, kerosene. other flammable or toxic petroleum pmdacts. Wxic � ;'�.:;;::
<br /> � pesdcides and herbicides.volatite solvenu.materials containing a.6estos or fosmaldeh�rde.a n d ra d ioa�tive mate r I u ts.A s n s e d I m '.�� �L.�:;
<br /> , + this paragsaph 20. "Emim�ental Law' means federal laws and laws af the jurlsdicdon where the Property is lacatcd tl�aat �'�c_�.: ,..�.�s4�-
<br /> .} relate w hralth,safeg+or environmental protecuon. -
<br /> r r'�,
<br /> • � NON-UNIFORM COVENANTS.Borrower and Lender further covenaat and agree as foltows: � ����.��..
<br /> • ' �•� 21.AcceieratEon;Remedtes.Leuder shal�give notice to Bonower prlor to acceieration foliowing Bosower's bseacb � . � y�;_
<br /> � ' � of aoy covenant or agceemeat in thi4 S�carity Listnunent (bm uot prtor to acoetesation uader paragapfi 17 ual�s f� .. . �..----
<br /> E appllcable law provides oWerwlse).The nottce shall spedfy: (a)the default;@)the adtoa regWred to a�re the de�aalt, :'�"
<br /> ,;,'.�„rr:
<br /> , ' ;� (c)a date,aot less th�u 30 days from the date the notice is giveu to Borrower,by whlch the defadt mnst be cure�l;and . � . . _ -
<br /> (�tdat faifare to cure the detault on or 6efore the date spedffed in the nottce may resdt 1n accderatton of the svais -_-
<br /> .;', _, : 5eaaed by t h l,y S e c��i t y t n s trom e a t an d s a l e o f t h e P r o p e r t y. 'l 7 i e n o t i c e s h a l i f w t h e r[n f orm Borrower of the ri g ht to :
<br /> . .= reinstate after acceleration and the right to bring a coart adioa to assert the non-erdstence of a defauIt or any other
<br /> ' � defense of Boaower to acceleeation an d s a le. I+f t he d e fa n l t i s no t a�r e d o n o r 6 e f o r e t h e d a t e s p e e i f l e d�n the not�c e,
<br /> n
<br /> . � .:i Lender. at its option,may require immedtate payment in fiill of all sr�ns secured by thts Secw34y InstrmneM withoat ,. ' . '
<br /> � further demand and may invoke the power of sale and any other remedies perniltted by applicable law.Leader shaU be . .
<br /> i entltled to col[ect all expenceq incurred in p�usuing the remedles provided in thls para�aph 21,inctuding,but not limited _ r
<br /> � • to,reasonable attorneys'fees and cosls of title evideme. .. �
<br /> '. • .; IP the power of saie is invoked,Tnutee shall record a nottce of defaWt in each co�mty in whtch any pa�rt of the . _ .
<br /> '=4 Property Lv tocated and shall maii wptes of suc6 notice in the manner presc*lbed by applicable law to Borrower and to
<br /> � the other person9 prescrlbed by appHcable law.At�er the time reqaired by appllcable 1aw,Ttustee shall give pu6llc aotice . .
<br /> .� ' � of sale to the persons and in the manner pmscribed by app1icable la�v.Trustee,without demand on Borrower,shall sell .
<br /> ' the Prope�ty at public audion to the hi$hest 6idder at trie tlme and place and under the terms deslgnated in the notice of ..
<br /> � sale in one or more parcets and in any order Tn�tee detesmines.7lrustee m►ay postpone s a le o f a l l or any parcet of the � -
<br /> :��;. Property by publlc annmmcement at the tlme and place of any previou5ly schedWed sale. Lender or its dcslgnee may � __,
<br /> :� . pmchase the Prope�ty at aay sale.
<br /> � •, � �•
<br /> �
<br /> : . � Form 3028 8/90 '. . ,
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