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<br /> `,'�`� ' • 17. Trans4er of the Properly or a Beneflclat Interest fn Borrorver. ir au or any part of�ne Property or , �`
<br /> ; any irtterest in �T is sotd or transferted(or if a beneficial mterest in Borrower is sotd or tr8nsferted and BoROwer is not a naU�rel ��� _ , � .
<br /> � � '.
<br /> person)w�thout Lender's prior wrtTten cansent,Lender may,et ds option,require cnmediate payment m fu�at 81�sums secured by � '
<br /> ' � ' ,: this gecurity Instrument However,this option shall not be e�cercised by Lender N exercise is prohbited by federei 1aw as of the � .. - - ..
<br />; � �� ���� � "� � . - � �.
<br /> date bf this SeCUtity Instrument
<br /> If Lender moercises this option, Lender shaU give Borrower notke ot acceteration. Ttie notice 5halt prov+de a period at not
<br /> ' � less than 30 days Trom the date the notice ic deCnrered or maled m'thfn which Borrower must pay aD sams secured by this �D
<br /> t' �� � Securityr Instrument It Bortower faits to pay these sums prbr to the e�ir83ion af this pertod. Lender may invoke anq rPmed's� �,, , � �
<br /> � , " • permitted by this 5ecurity Insdument wdhout fuRher notk:e or demand on Borrower. �' , � , ,
<br /> . • 18. BoROwer's Right ro Reinstate. If 8artower meets Certain cond�tons, 8ortower shAil have the rigfit to hava , .
<br /> . , enforcement of this Security Instrument disconYmued at eny ttme prior to the earlier ot (a) 5 days (or such other per�od as . � �
<br /> • _ . � � f applieab(s law may specdy far reinstatement)before safe of the Property pursuant to any power of sate conffiined m this Sacurity � , ` u .r
<br /> I n s U U m e n t; or(b)en l r y of a jud gment enforcing this Securityt fnstrument Those conditions are that Borrower. (a)pays l.eeder all • •
<br /> � sums wt�ich then would be due under this Security�nsbume�t and the Note as R no acceferation had occurred; (by cures any _--.. -
<br /> . - . _ deisuft ot any other covenant or agreements:(e)P81I5 eR mcpenses inCUrtBd ei etdateatg this SeCttrdy instrument.incNding.but :-- - -_-_- -
<br /> not t'un�ed to,reasonabl�attomeys'fees: and(d)takes such actton as Lender may reasonabty require to assure that the lien of • • ,',
<br /> . this Security Instrument, lendePs righis in the Propertyr and Borrower's obtigation to pay the sums secured by this Securty •' .G``
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<br /> ' • � I�sWment sha0 conW►ue unchanged. Upan reii►sffitement by Barrawer. this Secur�ty Instrument and the obGgations secuced '_. . , •.
<br /> , , hereby shait remain fuiry eHecYnre as it no acceteratton had occurced. However,this right to remstate ShaU not apDH in the case '�. '�.<'• .
<br /> '� ; af accel8tation under parflgr8ph 17. � ` ,
<br /> ` � 79. Sale ot Note; Change of Losr� Servicer.rne ruote or a a part�mceren in me Hote (toaeener wan u�� ' �,...:,�, _
<br /> Secun?yr tnstrument)may be sold one ar more times withou[priar noUce to Borrower.A sala may resuft in a change in the enGty ;..�' . '� '�:4y
<br /> � (known as the"L.oan Service�that collects monthry payments due uader the Note and thts Security Irtstrument There also may ; .,;: ,•�;
<br /> � '{ be on» or more changes of the Loan Servtcer uncetaisd to a sefe of the Note. If there is a CAen9e af the Loan Seivice�• ; ��
<br /> ` Barrower wiu be given wtMen notice ot the change in eccordance w�Th paragraph 14 above and appQcable Iaw. The notiee wID , ,-;,._-
<br /> � �` s sffite the name and address of the new Loan Senricer and the address to wF►icb payments shouid be made. The notice wili alsu - __.-_._
<br /> , contain any cther mtortnation�equued bY ePP�abte taw. - -- -
<br /> � :� 20. H�idOUS SU418t9RCe8. Bortcwer shail not cause or pertnit ths presence, usa,disposal,storage,ot reteese of _
<br /> any Hazardous Substances on or in the Properry. Borrower shail not do, nor eliow anyone else to do, anything af[ectirt9 the �,y,� � __�=-
<br /> " . ' ' - Property that is in viotation ot arry Envtronmentat Law. The preceding lwo sentences shal! na!aDDN to tha prasence,use,or �� - —_-
<br /> -���=. riate to normal �"" ;_--
<br /> storage on the Praperty of Small quantities of Hazardous Substances that are generaRy recognaed to be appmp
<br /> reside�tial uses and tc maintenance of tho Property. ���
<br /> ' Borrower shaU promptly give Lender written aatice of any investlga8on, ctertn, demand, �awsuit or other actton by any �.�`�=?�"'—�
<br /> '�.:�r. "�.�r-.�-�._-
<br /> . govemmental or regulatory agency or private paRy anrofvmg the Praperty and any Hazardous SubsffinCe or Envtronmental Law of _ :;�_�;_
<br /> ' ' ' `' '" which Bonower hes achr8l krtowtedge. It BoROwer leams, o►is notified by any govemmentai or regulatOry authority,that any _ — _ _•-
<br /> • � . remo+rai or other rertrediation of any Hazardous Substance af(ECting Property is necessary, Borrower sha8 promptJy take all �.,,`L,�a--
<br /> . necessary remed�l actions in accordance with Environmenta!Law. ' �=--
<br /> . `:�� As used in thl�paragrapfi 20, "Hazardous SLbstances°are those subsfances defined as toxic or hazardous substances by ., :�^�f_-
<br /> ; Envaonmantal Law and the fo{IOwing substances: gasolfie, kerosene, other Rammabte or toxk peGOteum products. toxic . � -i:._
<br /> ` � pesticides and herbtcides,volatite soNents,materials conffitnmg asbestos or formaidehyde,and radioacUve mazeriats• As used in "`�•��
<br /> paragraph 20, °Environmental Law" means federal laws and laws of the Jurisdictian where the Property is tacated that rslate to '°r��f;
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<br />• � ; � heafth,satery or envQOnmental protection. �, �:�;.�.
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<br /> • NON-UNIFOFL1+1 COVENAM3.Borrower and Lenaet fuRher covanent and agree as foDows: r,_:,_;��
<br /> �� - 21. Asceteration; Remedies. Lender shail give notice to Borrower prtor to acceteratlon � � " � ���`��
<br /> ;.. -��:
<br /> � � , , �� following Borrower's breach of any covenaM or agreemeM in this Security tnstrument (but not � ",.�:;t,��=-
<br /> � prlor to acceleratton urtder paragraph 17 unless appiical�te !flw provides otherwfse). The rtotice . : .' ;y,'
<br /> � shatl ec (a)th� detault;(b)the action required to cure the defaul� (c)a date. not less t�an �
<br /> -•.��;.:�,
<br /> . 30 days ir m the date the notice is given tv Borrower, by which the detautt must be cured; and �' '�.;i��''
<br /> � �-.i (d) that tailure ta cure the detauit on or betore the date specifled in the rtotice may �esult in , "�;,,�qT
<br /> � acceteration o4 the sums secured by thls Security Instrument and safe of the Property.TRe notice ;;�
<br /> shaU further intorm Borrower ot the �tght to rein�^tate after acceleraUon and the �ight to bring a . � �:"-
<br /> � court action to assert the rton-existence of e default or any other detense of Borrower to ,
<br /> ' acceleration and sale. if the detauit is not cured on or befare the date specifled in the noUce,
<br /> .. � � Lender at its apuon may require immediate payment ln tuil of a!1 sums secured by this Securlty : ,. ...
<br /> • Instrument wlthout tur4her demand and may invake the power of sale and any other remedtes , . .
<br /> . permttted �y applicable law.Lender shall be entitted to coiteM etl expenses incurred in pursuing , : , :
<br /> : the remedies provided in thts parsgraph 21, including, but not Um�te�1 to, reasonable attorneys'
<br /> � • � fees and costs ot titie eWdence. : •
<br /> � � � If the power of sate ia invoked, Trustee shall record a nouce ot detault in each caunty ln • �
<br /> dvt�ich any part o! the Property is located and shall mail coptes o! such notice in the manner
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<br /> �_ , �zescribed by applicabie law to Bolrower and to 1he other persons�x�escribed by appUcabte law. , :
<br /> After the time requlred by applicabte law, Trustee shall give public noUce of sale to the persflns .
<br /> . and in the manner prescrlbed by applicable law. Trustee, without demand on Borrower, shali sell • � .
<br /> ��� 4he Prope►ty at public auction to the highest bidder at the time and place art� under the terms • �
<br /> i designated in the noUce of sale in one or more parcets end In any order T�ustee determinea
<br /> . � ! 7rustee may postpone sate ot eil or any parcel of the Property by pubttc ennauncemeM at the
<br /> �' � ! time and place of any previousiy scheduled sate. Lender or its designee may purchase the
<br /> { Property at any sate. �
<br /> � Upon recetpt of payment of the price bld, Trustee shall deiiver to ahe purchaser Trustee's
<br /> i deed conveying the Property. The recit�is in the Trustee'e deed shall be prima tacie evldence of
<br /> � ' the Vuth of the statements made therein. Trustee shali apply the proceeda of the sale in the :
<br /> : � � tollowing order: (a) to all costs and expenses o! exercising the power of sale, and the �le, •
<br /> � ' inciuding tine payment oi the Trustee'a tees setuatly incurred, not to exceed three
<br /> � , °,G of the principal amount of the
<br /> � note at the time of the declaration oi detautt, and reasonabte attorney's feee as permitted by taw; �.
<br /> � (b) to atl sums secured by this SecuNty Instrument; and (c) any excess to the person or persona � •�
<br /> fegally entitled to i� �
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