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<br /> `� 77. Transfer of the Fwperty or a Beneticiat tMerest i� Borrower. �f ell or any paK of the Property or
<br /> any mterest in it is said or transferred(or�a beneficiai in�t in Borrower is so�d or transferred and Bortower is not a n8tura� t F.
<br /> ` f person)without Lender's prior w�ten consen4 Lender may,at its opt�on.require hnmediate Payment in fuil of all sums secured b� k
<br /> ' �`y ' t h i s g g c u r i t v I n s t t um e nt However, this optlon ShaU not bs exercised by Lender it exerctse is pro h d�i t e d by f e d e r a l t aw a s ot tha� . t „ ..
<br /> � # date of this SeCUriry Instrument ; •`
<br /> � j tf Lender exer�ises this opUon.Lendsr shall gNe Barrower noNce ot acCeteratlon. Ths noNce shatl provide e period of not !�
<br /> � * lt3ss than 30 days trom the date the notice is delivered or mai!ed withm which Borrowet must Pay aU sums secured DY this � � �;�
<br /> � 5 geCUrity Instrumen4 lt Borrower fails to pay these sums pdar to the exphation ot this period. Lender may invoka eny remedies � � .
<br /> � • � pertnitted by this SecurRy lnstrument without furthar nottce or demand on 8orrower. � �`
<br /> � . � ' 18. BOi�OwePs Right ta Reinstete. 1t Bortower meets cenain condittons, Bortower shall have the right to hsve � _< 4...
<br /> • � entorcement of this Security��strument d'6continued at eny Yane prior to ths earlier ot (a) 5 days (or sucA oth�r D9riod as , :
<br /> ; applicabte law may speclty for reu�stateme�t)betore sate of the Property pursuant to enY power o}sate wnffiuied in this Security �. � ._
<br /> � Instrument; or(b)entry of a judgme�t entorCOig this Secur�ty �nstrument Those Conditions ere that Hortower. (8)paYs Lender all ,-. G- c,-
<br /> ' � i sums which then would be due under this Security�nsuument and tha lVote as Q no acceleration had occurred: (D)cures any . -
<br /> - _ �� � detauit of any other covenant or agcaements:(a)Da115&II exPenses incutred in ento[�mg this SeatritSr lnst[ument, mCludmg,Gut __'y__•--��,-�.'.-
<br /> � j not I'unded to,reasonable attameys'fees; and(d)ffikes such ac6on as Leeder may reasonably require to assuce that the Iien of
<br /> � � � •� this Security InsUUment, Lender's rights in the PropeRY eod Borrowet's obGgation to pay the sums secured by this Securt'ty
<br /> } , tnsUument shaU contewe unchanged. Upon reinstatement by 8ortower, this Security Instrument and the obGgations secured
<br /> ' ; � , hereby shau remain tullyr effecUve as�7 no acceteration had occurted. However.this rigM to reinstate shall not apDry in the case _ . '•(4' .
<br /> of axe(eration under paragraph t7. ,-��,,'
<br /> 99. Sale of Note; Change ot Loan Servicer. The Nate or a a partial a�terest m the Note (together with this �� .�� _
<br /> Security Instrument)may be sofd one or mare tunes withcu[Prior notice to Borrovrer.A saie may resnR in a change in the enUty ' r-r`,;_�::�;
<br /> • �;:'`:
<br /> (known as the'Loan Servicer')that coltects manthty payments due under the Note and this Secur�l Instrument There aiso may • "::?._•..-
<br /> ' he one or more chartges of the Loan Sarvk;er unrelated to a sais of the Nota If there is a change of the Loan Serv(cer, . � `;:�`�:.
<br /> t Borrower wilt be given vrritten noUce of ihe change m accordance wfth paragraph 14 above and appfccabie faw. 7he natice will , -
<br />. , l.� � �1�,•
<br />- , ' ..� ' state the name end address of the naw Loan Servicer and the adQress to which payments should be made. The notice w�l aiso �< �'. �� .:".. ,�:_,
<br /> . contain anY other h►fortnaUon reR�+ired by aPPGcabfe law. ' ��,����_:.
<br /> " � ` 20. f18Z8ldOUS SUbStallCeS. Borrower shaD not cause or permft Me Prasence,use,dtsposa4 stora9e. or retease af , .:, �.;_;s-�
<br /> .,;,"-r,� .
<br /> � any Hazardous Substances on or in the Property. 8orrowar shait not do, nor atiow anyone else to do, anythin9 8ftectin9 the , ,_ �;� << ;�:
<br /> Pmperty that is in vtalaHon ot any Enviruemenffii Lew. She preaading two sentences shall not apPly to the presence, use, or ..'..�y�r�
<br /> ' storage on the Property at smafl quantfties of Hazardous Substances that ere genera�y recogn'vsd to be apProprtate to nortnai ---. --:�i±��"�_
<br /> _ ~"f;�?p�-
<br /> . , .. residential uses and to maintenance of the Property. ``= '"��°
<br /> � � Bortower shal! prompUy give Lender vmtten notice of any mvestigaUon, ctaim, demand, �awsuit or other action by eny l �
<br /> .'.�.:�f,.=,.
<br /> � ' L< govemmental or regutatory ageney or private party invotvmg the Property and any Hazerdous Substet�ce or Envtronmental Law ol ' � ��;_�;;K,�°
<br /> � � ' whtch Borrower has actuai knowiedge. If Bortower leams. or is notified by any govemmenlal o�reguiatory authoricy, that eny _._;:^,�(�.�;^=
<br /> � removal or other remediation of any Hazardaus Substance aHecting Property is necessery, Borrower shall promptty teke a0 .:�.�.��.
<br /> � • necessary remedial actions N accordance with Environmentai Law. ` .:r�:°,�-- .-
<br /> •• ' As use0 in this para9ra0h 20,"Hazardous Substances" are thOS9 subsffinCes deflned es to�c6c or haz3rdous 5ubstanCes Dy : ir.,;
<br /> �::;-
<br /> Errvironmental Law and the failow(ng substances: gasollne, kerosene, other f4ammable or to�uc patra►eum products, toxta ••<4;;,�_.,
<br /> . ' ,, � pesticides and herbiclQes,votattte sotvents,materlats Contatnmg asbestos or formaldehyde,and radloacti+re materials. As used in ' ,1'.V',.,�r��
<br /> paragraph 20, 'Enviro�mental Law'means federal taws and Iaws ot the Jurlsdiction where the Property ts located that relata to :j.;::�g�'•
<br /> � heafth,safery or environmental protection. � "�.
<br /> %'-1.�3-. .
<br /> .��..•_
<br />. ,S � `� j NOPI-UNiFORM COVENANTS.Bortower and Lender turther covenant and agres as fptlaws: ` ��;_ .�.:
<br /> 21. Acceleratton; Remediea Lender shaU give notice to Borrower prtor to acceleration ��`r-��`
<br /> � ! � tollowing Borrower's breacfi of any covenant or agreement in this Security MsVu[�ent (but not �,�.�'="
<br /> . . �� � qrior to acceleration under paragraph 17 unless appticable law provides otheniuisa). The nottce '.;�.�,h,,,
<br /> .. � � . i shail specify: (a) 4he detautt; (b)the acilon required tv cure the detault; (c)e date, not less than .: 1-�-;
<br /> ��r�
<br /> � � - 30 days from 4he date 4he notice is given to Borrower, by which the de#iult must be cured; end . , ,,
<br /> . '� (d) that teilure W cure the deiaut4 on or betore the date specifled in the notice may resu{t in . ��..�
<br /> .; � acceleraUon ot the sums secured by this Security Inslrument and sale ot the Property. The notice :�,�
<br /> � � shalt further Inform Borrower o!the right to relnstate after acceleraUon end 4he right 4o bring a .�-_
<br /> ' court actlon to a�ert the non-existence o4 a detauit or any other detense of Bonower to . r.:'
<br /> acceleration and sale. it the detautt is not cure� on or bebre the date specifled in the notice, ; ,;,_
<br /> • � Lender at its optton may require immediate payment In tutl ot all sums secured by this Security � ` •�
<br /> � • � '. ��� instrument wi4hout further demand and may invoke the power o f sa te an d any o t h e r r e m e d i e s . ;
<br /> , perm[tted by applicable law. Lender shall be enttUed to collect etl expenses incurred ln pursuiag , ,.
<br /> � the remedies provided in this paragraph 21, inctuding, but not limited to, reasonable attorneys' , .
<br /> ' � feea and costs ot tiUe evidence. � ' �
<br /> • � tf the power of sale is invoked, Trustee shall record a noUce ot detault in eaah county In � -� .
<br /> �� • which any part o4 t�e Property is located and shalt mail coples of such notice in ��te law. ' � , `
<br /> � prescribed by applicabte taw to Borrower and to the other persons prescribed by app
<br /> � After the Ume requtred by mpplicable law, Trustee shall give public notice of sate to the persons .
<br /> � and in the manner prescribed by applicabte law. Trustee, without demand on Bonower, sfiall sell .
<br /> � the Property at publlc auction to the highes4 bitider at the Ume and place end under the terms .
<br /> � � designated in th� noUce ot sate in one or more parcets and in any order Trustee determtnea � .
<br /> � Trustee may postpone sale of all or any parcel of the Property by public announcement et the
<br /> Ume and place of any previousty scheduled sate. Lender or its designee may purchase ffie � .
<br /> . � Property at any sale. �� .
<br /> � ' Upon receipt of p�yment of the price bid, Trustee shatl deliver to the purchaser Trustee's
<br /> � � deed conveying the Property. The recitals in the Trustee's tieed shatl be prima tacie evidenco of ,
<br /> • � ! the Vuth of the statements made therein. Trustee shail appty the proceeds of the sale in the .
<br /> n s following order• (a) to at1 costs and expenses of exercising the power o4 sate, and the sale, •
<br /> � , inctuding the p�yment of the Truatee's fees actuatly incurred, no�of the principal amount of the
<br /> � note et the time of the dectaration of detautt.and reasonabie attorney's tees as permitted bq law; � . � .
<br /> ' (b)to ail suma secured by this Securlty Instrument; and (c) any excesa to the person or persons ;
<br /> � � lega�ly enUtt�ed to i� � �
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