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<br /> . , 17.Transfer of We Praperty or a Beneffcia!Interest in Borrower.lf a!1 or any part of the Property ar any interest in it .
<br /> • ' ' is sold ur transfzrred tor if a beaeficial inter+est in Borrower is sold ar uansferrea and Borrower is not a natural person)�vithout .
<br /> • � • Lender's prior written rnn,ent, Lender may. at iu option, require immediate paymen[ in full of all sumy seaared by this - .
<br /> . � . Security Instrument.However,this option shall noi be eaercised by Lxnder if exercise is prohibited by fedcral law as of the date � ��• .,,. .
<br /> • t of this Security Instrument.
<br /> If Lender exercises this optian, I.ender shall give Borrower notice of acceleration. The notice shall pravide a period af not ; � .:,
<br /> - --- tess than 30 days from �he date the notice is del'stered or maited within which Borrower must pay a!! sums sccufed by this �` - _. .
<br /> . Security Instrument.If Borrower fails to pay these sums prior to the expiration of this period.l.ender may invoke any remedies �
<br /> : permitted by this Securiry Instrument without further nouce or demand an Borrower. : � ��`t.
<br /> . ° � 18. Borrower's Right to Retastate. If Borrower meets ceriain conditians, Borrower shall have the right to have
<br /> • � •� enforcement of ttiis Securiry Instrument discontinned at any time prior to the earlier af: (a)5 days(or such other perind as , ; . , _
<br /> • appGcable law may specify for reinstatement) before sate of the Property pursuant to any power of sale coatained in this �
<br /> � ` '�� Secnrity Insirument:or(b)entry of a judgment enforcing this Sec�rity Instrument.Those cvnditions are tl�at Borrower:(a)pays :'��'�
<br /> Leader al! sums which then �vould be due under this Security Instrument and the Note as if no acceleratian had accurred: (b) " :. . - __
<br />�%: d '�� ' cures any default of any other covenants or agreemenu; (c) pays all expenses incurred in enforc:ing this Security�nswment. �� `•�,�:� :"'";
<br />- � including, but not limited to,reasonable attomeys' fees;and(d)takes such action as Lender may ceasonably requ�re to assure ,s:,.-
<br /> � - thai the lien of this 5ecurity Instrument, Lender's righu in the Property and Borrower's obligation ta pay the sums secured by , � ^��� _
<br /> this Security Instrument shall cantinne uochanged. Upon reinstatement by Botrower, this Security Instrument_ and the ��;'.r-���_
<br /> • " obligations secured herehy shall remain fully effective ac if no acceleration[iad occurred.However,this right to reinstate shall �
<br />" not apply in the case of acceteration un�.°r paragraph l7. -
<br /> • 19. Sate of Note; Change of Loan Serv[cer. The Note or a partial interest in the Note (together witli this Securiry -• ___
<br /> :i' � r�. Instrument)may be sold one or more dmes withaut prior notice to Borrower. A sale may result in a change in the entity fknown
<br /> � � as the"Loan Servicer")that coUects monthfy paymenu due under the Note and this Security Instrument. There also may be une `' ��
<br /> �, " • _ or more changes of the Loan Servicer anreiated to a saie of the Note.If there is a change of the Loan Servicer.Borrower will be , _
<br /> t- � given written notice of the change in accordance with paragraph 14 above and applicable law.The nouce will state the name and , `�':�
<br /> ''.; � . � address of the new Loan Servicer and tfie address ta which payments should be made_ The notice wiU also contain any other . `��
<br /> . . infomiatian required by applicable law. `" 1��
<br /> ,:�.._-.
<br /> � Z0. Hazardot�s Substances. Borrower shall not cause or permit the presence, use. disposal, storage,or mlease of any .. �r"�=
<br /> _ � Hazardous Substat�ces on or in the Property. Borrower sha}I not do, nor altow anyone else to do, anything affecting the •- - ���4��
<br /> : � • � Property that is in violatian of any Envimnmental Law. The preceding two sentences shall not apply to the preseace,ase,or .. .��;;`.�-
<br /> . storage on[he Property of small quantities of Hazardous Substana.s that are generally recognized to be appropriate to nom�al . .. -___
<br /> •'_ .. .p residential ases and to maintenance of the Property. , `_.�:r�^
<br /> '�� � ' Borrower shall promptly give L.ender written natice af any investigation,claim, demand, lawsuit or other actian by any '� '"�-:=�i�.�
<br />-��i: � govemmenta!ar regulatory agency or private party involving the Property and any Hazardous Substance or Environmenta! law '. ' � ;:,—a
<br /> 1'':��� � " • '��.' of which Borrower has actual knowledge. If Borrower learns,or is notified by any govemmental or regularory authority. that � `•�••� --����
<br /> • • � ' •; i any removal or other remediation of any Hazardous Substance affecting the Property is necessary,Borrower shall prompdy take :��J::;;�;:=.
<br /> � , ',; all necessary remedial actians in accordance with Environmental Law. ; ";,;�,�'
<br /> , • ' :; As used in this paragraph 2Q "Hazardous Substances" are those substances defined as toxic or hazardous substances by n•=
<br /> ��' ' Environmental Law and the following substances: ga+oline, kerosene, other flammable ar toxic petroleum products. toxic � ''.r' � .����:,�`
<br /> -�: � "'� pesticides and herbicides,volatile solvents,materials containing asbestos or fom�aldehyde,and radioacuve materials. As used in � =';��
<br /> chis paragraph 20. "Enviranmental Law" mc�ns federal laws and laws of the jurisdiction where the Property is located diat ` �'"�=
<br /> ' �--
<br /> • � relate to h�th,safery or environmental protection. . �•�t:
<br /> � � NON-UIYIFORM COVENANTS.Borrower and Lender funher covenant and agrce as follows: :� •''-��+ �-
<br />- • 21. Aceeterut[on;Remedies.Lender shall give notice to�orrower prtor to acceleration following Bormwer's bread� � � '�'�'
<br /> , . . of any rnvenant or agreement in this 5ecttrity lnstrument (but nat prior to acceleration under paragraph 17 untess • � _, ' `=-
<br /> appllcabie law provides othenvise?.The nottce shall specify: (a)the defaaEII;(b)the adion required to cure the default; -___
<br /> ?.;.�.� ' (c)a date,not tess than 30 days irom the date the not[ce is�iven to Borro�ver,by �vhlch the default must 6e cured; and - , ':"�"
<br /> - � - ' . (d)that Pailure to cure the defaott�n or before the date speci�ed in the notice may result in acceferation o�the stmLS ., °=
<br /> ' , ' secueed by this SecurIty Instrumer�t and sale of the Property. The notice shall further i�form Borrowee of the rlght to ���
<br /> reinstate ai'ter acceteration and t6e�i�ht to bring a wurt aMion to assert the nornexistettce of a default or any other =-
<br /> defense of Borrower t@ acceteratlon and sale. IP the default is not cured on or be[orn the date spec[iied tn tY�e nottce, .
<br /> � Lender, at its option. may require immedfiate payment in full of all sums secured by this Security Instrument without ' ' .. �
<br /> � � further demand and may invoke the power of eale and any other remedi�permitted by applicable law.Lender sha116e - ° �
<br /> � entitled to collect all expease.s incurred in pursuing the remediec prnvided in thts para};rapb 21.iacluding,6ut not Iimited . < :�.
<br /> . . � ' to.reasonabte attorneys'fe�s and cons of tittc evtdertce. • .� � '
<br /> ' �` � � If the potiver of sate is invoked. Trustee shall record a notice ot detault in each connty in which any part of the
<br /> • • � � Property iv lacated and shall muil copl�s of such notice in the manner pr�cslbed by applicable law to Borrower and to �
<br /> ' the other persons pr�cribed by applicable law.APter the time required by a�plicable law.Trustee shall pive pubpe notice . . .
<br /> .. • , of sale to Itta persons and in the manner prescribed by applicable laiv.Tcc�`�ee. without demand on Boreo�ver,shall sell � •
<br /> ' � the Property at public suction to the highest bIdder at the time and place and uader the terms d�si�nated in the not�ce of
<br /> . • • � � sale in one or more parcels Aad in any ordcr Trustew determincs.Trustee may postpone sale of all or any parcel of the , '
<br /> PropeMy by publlc announcement at the time nnd place of any prevtously scheduled sale. l.ender or its desi�nee may . '
<br /> • . • purchase Uie Property at any sate. , . . _�
<br />. . •i .
<br /> �+ . .�11 Form 3028 9190 • ,
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