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<br /> f< ` . 17.TiansPer of the Pcoperty or a Benef'icia!Interest in Borrower.If all or any part of the Property ar any interest in it '•'','., .<. ;2.
<br /> is sold or transferred(or if a beneficial interest in Borrower is sold or transferred and�orro ne��n�o f t��►�atu�Pe�°�b y�1S � ��,��:�;F ,...
<br /> j l.ender's prior written w�sent, Lender may, at its opti o n. requi re i m m�d�e P a Y�
<br /> ' ` �' Security Tnst�ument.However.this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date � '°`y a f.`< ."`•,
<br />`y _°- a of this Securiry Inswment. �',-' °.. , .
<br /> ;�.,�-,.....,�
<br /> �.'•' - - - if Lender exentises this option, I.euder shat!give Borrower notice of acceleration.The notice shall provide a period of aot r� `c., . (
<br /> - less than 3U days ftom the date the notice is delivered or mailed within which Borrower must pay a(1 si►ms secured by this
<br /> : - - ' Security Ins�uument.If Bomnwer fails co pay these svms prior to the eapiration of this period.Lender may invoke any remedies � _ . _
<br /> �u
<br /> ''. . pemuued by this Security Instnin►ent without further notice or demand on Borrower. ,
<br /> ±�•� to Reinstate. If Borrower meeu certain condiuons, Borcower shall have the right to have � � �,. ''
<br /> . 18. Bor�owes's Right ` :�.
<br /> �` - enforcement of t6is Security Instiument discontinued at any,rime prior to the ear�ier of. (a) 5 days (or such other period as
<br /> r� � � ' = $pPU�ble 1acv may specify for reinstatement) before sale of the Property pursuant to any power of sate contained in tl�is
<br /> . .• .. _-'"` Security Instrumenr or(h)entry of a jndgment enforcing this Security Lutrument.Those condivons are that Borrower.(a)paYs -
<br /> " .� L.ender all sums which then woutd be due under this Seca�rity Instrument and the Note as if no accele3ation had occurred: (b) _
<br /> Seca :'
<br />.'-'% '. '�`.���, cures auy default of any other covenants_or agreements: (c?PaYs all.expenses inwrred in enfoni�this Security Instrument, . ^�
<br /> ��:' � � including. but not limited to,reasonabte attomeys'fees:and(d)takes sush adion as Lenctes may reasonably req�ue to assure ��-. .
<br /> the sams sec�red b �� `• .:-,
<br /> ;�f . �. °� thac the Iien of this Security Ins�nunen�Lender's righu in the Property and Barrower's obligation to pay Y , —
<br /> "°� '. . this Security Insuuutznt shaU wntinue unc fi a ng e d. Upon re i n s t a t e m e n t b y B o r ro w e r. c h i s S e c u r i ty Instn�tent and the '�
<br /> '•��� ` , obligations secured hereby shall remain fully effe�.-tive as if no acceleration had occurred• However, this right to reinstate shall :. ,G•,g
<br /> �; �� � �. " not 1 m the case of acceleratian under paragraph 17. '' .
<br /> ,}" ' . a 19 Sate of l�ai�;Change of Loan 3ervicer. The Note or a partsal imerest in the Note (together with this Security •.,' . --
<br /> �-� ._�. --
<br /> s;,:� . ,�`� ; , �: � Inswmen t)may b e s o l d o n e o r more times without prior notice to Borrower.A sale may result in a change in the endry(lmown _ _ .--.
<br /> •� ; as the"Loan Servicer")that collects monthlY PaYmenu due under the Note and this Security Instrument.There a t s o may be one � _.•�` :.�:•Y�
<br /> =?��.� ' . . ._ ..�_'�' or more changes of the Loan Servicer unrelated to a sale of the Note.If there is a change of the Loar�Servicer.Borrower wiq be •. , ,
<br /> -- � - given aTitten notice of the change in accordance wich paraSraph 14 above and applicabie law.The notice will state the name and :;,+,;.:";.:,'_:_
<br /> , . � ' address of the new I.oan Servicer and the address to which payments shoutd be made. The notice will also contain any other r:'u . ��__
<br /> information required by applicable law. , .�-'t'f. •.:�ti-
<br /> Z0. Harardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any �nf.
<br /> Hazardous Substances on or in the Property. Borrower sha11 not do, nor altow anyone else to do, anything affecting the -•
<br /> ;:•�- �, , - Pro}�erty that is in veolatioa of any Environmentssl law. The prececting two seniences shall not apply to the presence, use, or � X ,"'_
<br /> ,.; storage on the Property of small quantiues of Hazardous Suhstances that are generally recognized to be appropriate to normal , _-_
<br /> _ residential uses and to maintenance of the Property. •�:_�__.
<br /> .,;� ' ' Borrower shall promptly give I.ender written nouce of any inves'tsgation,claim,demand,lawsuit or other action by any
<br /> � govemmental or regulatory agency or private party involving the Properry and any Hazardous Substance or Environmental Law •. --
<br /> < '"�� � � � of which Borrower has actual knowledge. If Borrower teams,or is notified by any Suvemmental or regulatory authority,that _�
<br /> any removal or other remediauon of any Hazardous Substance affecting the Property�s necessary.Boaower shall promptly take .�Y;�,�
<br /> • ' • all necessary remedial actions in accordance with Environmental law• _-_
<br /> �� As used in this paragraph IA. "Hazardous Substances" are those substances defined as toaic or hazardaus substances by __
<br /> � � Environmental Law and thc fo!lowing subscances: gasoline, kerosene. other flamtnable or toxic petroleum products, toxic .;.'�
<br /> � - . ' pesucides and herbicides,volatile salvenu,materials containing acbestos ar formaldehyde,and radioactive materials.As used in r '�.�,�_.
<br /> ' •• � .' � � �-'� this paragtaph 20. "Environmental Law" means federal laws and laws of the jurisdiction where the Property is lacated that �;,.;��,,_��_
<br /> • � relate to health,safety or enviranmental protection. -.`�'�
<br /> " NON-UNIFOItM COVENANTS.Borrower and Lender further covenant and agrce as follows: , .,,,,,�
<br /> ' ' 21. Acceleratlon;Remedies. 1.ender shall give notice to Borrower prtor to acceleratton foUowing Borrower's breac6 •�,: �
<br /> � B 17 unless
<br /> � � � oY any covenant os agreement in this Secur�ty lastrument (6at not prior to acceleratton under paragrap •, � .;,�:
<br /> applicable law provtdes otheewisey.The notice shall specify: (a)the default;(b)the actton required to cure the default; •s�� _
<br /> ` � (c)a date,not less t�an 30 days feom the date the notice is glven to Borrower,by �vhich the default must be cure�;and ,
<br /> ���I ' (d) that failure to cure the detault on or before the date specitied in the notice may result in acceteratton of the sums _-,
<br /> ry;... ; -
<br /> secured by thls Security lnstrument and sale of the Pro rty. The notice shall further inform Borrower of the rtght to •
<br /> : :. �• reinstate after acceteratEon and the r�ght to 6ring a covrt actton to assert the non�xistence oY a default or any other ' .�.�;,;s=.
<br /> �;..: .� • . � defense of Borrower to acceleration and sale. If the default is not cared on or before the date speeifled in the notice, . +Y.,
<br /> � � ' Lender,.at its aption,may requtre immediate payment in i'ull of all snms secured by thls Security I�ment without _
<br /> further demand and may invoke the power of sale and any other remedtes permitted by appllcable law.Leader shall be , „
<br /> ' entitled to collect till expenses incurred in pursuing the remedIes provided in this paragraph 21,including,but not limited .. •
<br /> � to,reasor�able attorneys' fees and cost.g of title evidence. • •.
<br /> ,� � If t6e {�ower of sale is invoked, Trustee shall r�ord a notice of defauit in each rnunty in whtch any part of the _.
<br /> " �� � Property is lacated and shall mail copies of sach notice in Ihe mannes prescribed by applicable law to Borro�ver and to '
<br /> �:.�:, the other persons prescr�bed 6y appltcable Iaw.After the time eequir�l by applicable la�v,Trustee shall give pabltc notice
<br /> :`�� ' of sa2e to the persons and in the manner prescribed by applicable law.Trust�.without demand os�Borrower, shall sell
<br /> • • the Property at pubfic suclton to the highest bidder at the time and ptace und under the terms designated in the notice of
<br /> ' . Pro erty by p bltc announcement at the Nme and pl ce orY any prevtously scheRdulep.d sate.�Lender o� its d�ignee may . : �
<br /> • • . purchase ihe Property ai any sale. . . , ,
<br /> •::._� , •
<br /> . . � form 3028 9190 .
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