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<br /> . � � !9.TransPer of the Properiy or a Benefic.ial i�rterest tn Borrower•If all or auy part of the Property or aay interest in it , .
<br /> is sold or transferr�ed(or if a beneficial interest in Borrower is so2d or nansferred and Borrower is not a natural person)aithout �4 � �
<br /> Lender's prior written consent. Lendu may. at its oprion. require immediate paymen[ in full of all sums secaued by this - ' _---.
<br /> - ,-ti-,,—. . ``,' gec�uity Inspumen�However,tlzis option shail not be exercised by Irender if exercise�s Prohibited by federal law as of the date :r
<br /> .� f Of t$LS SCCUIII}�i� �mPnt i. ..
<br /> `t. ' '1 If I.ender exercises this opuon,Lender shall give Borrower noace of acceleration.The nodce shatl provide a period of not . _ ,
<br /> ' ' ` less than 30 days from the date the notice is delivered or mailed withia which Bortower must pay a11 sUms sec,vred by this . .`
<br /> ' � Sec�riry Insaument If Borrower fails to pay these soms prior to tbe expiration of this period,Leader may invoke any t+emedies . . . � :::��;:
<br /> • : _j a .. _ •
<br /> . : permitted by this Securiry Instrument without further nouce or demand on Borrower. • .
<br /> tt �
<br /> 18. Bormwei's Righ4 to Rdustale. If Borrower meets certaia conditions. Borrower shall have the right to have .c -
<br /> enfo�ement of this Secvrity ,me^*disoontinued at anY time prior to the eazlier of: (a)5 days (or suc6 other period as ` �
<br />-_ . - applicabte law may speafy for reinstatement) before sale of the Property pursuant to any power of sale cnntained m this <,a •
<br /> • Sewnty Instrument;or(b)entry of a judgment enforcing this Seauity Instrumea�Those condidons are that Bormwer:(a)PaYg • � :�:.:_
<br /> �-: . Lender all snmc which then would be due under this Security Insaument and the Note as if no acceleration ha�occuried;(b) ; :, ,_
<br />- � . cores an y default of any other covenants or agreements: (c)1raYs all expenses incurred in enfoncing this Seatt�iry Insaument, ' ;�.�•
<br /> . � } ' including, but not limited to,�easonable auomeys'fees; and(�takes such action as L e n der may teaso n a b ly r e q u i r e t o a s s u r e �• ' _
<br /> [hat the lieil of this Security Instrument,Leader's righu in the Property and Borroa►er's obligazion to pay the sums secured by . __
<br /> �' .s ,•' this Secvrity Insuumeat shall oontinue unchanged. Ugon reinstatement by Borrower. this Security Insuument aad the -
<br />`�- ' � • ` obligations s e a u e d he r e by s b a ll r e m a i n f u 1 l y e ff e c ri v e a s i f n o a c ce l e r a t i o a h a d o c c u r c e d-H o w e v e r.t h i s ri g ht to reiastate shall �• . -_
<br /> `�� �' not appiy in the case of acceleration under paragnp h 1 7. � � ' __
<br />-:�s. � • •' 19. Sale of Note;Change af Loan Servioer. 'I9ie Note or a partial interest in tlie Note(mgether with tltis SecuricY _ .. _ __
<br />=��,� ' � Insavment)may be sold one or more times witliout prior notice to Bonower.A sale may resuit in a change in the entitY([mowr► --- ,
<br /> . as the�L,oan gervicer^)that coIIects monthly paymenu due under the NIote and this Security Insuument•There also may be one =
<br /> • or morc changes of the Loan Servicec uarelated to a sale of the Note.If there is a cbange of the Loaa Senricer,Borrawer will be . �
<br /> � given written nodce of the change in accordance with ParaBraFh 14 above and applicable law.The norice a+t�l state the name and , � ;;�—
<br /> • • ' addre,ss of the new Loan Senricer and the addre.cs to which payme�s should be made.The aotire will also contain any other ^ - � _"_..
<br /> � ` ' ` information required by applicable law. �' �
<br /> . ��;. i.� �r
<br /> • 20. Ha�rdous 3abstances•Borrower shaU not cause or permit the presence, use, disposal, storage, or release of any .:,�,,_-
<br /> � I ' Haz�ons S�bstances on or in the Property. Bonawer shall not do. nor allow anyone else to do, aaything affectiaS the _ �
<br /> � . . Property tbat is in violation of any Environmental Law. The preceding two sentettces shaU not apply to the presence,use, or ` _ --
<br /> . - scorage on the Property of small quantities of Hazardous Substances that are generallY recoSnized to be appmpriate to normal ;�,__
<br /> � ' residenrial uses and to muntenance of the Pmperty. ' "',
<br /> �,, ,. Borrower shall promptly give I.eader wntten notice of any investigauon.claim,demand. lawsuil or other action by a�r , . �
<br /> ' govemmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law • � �`.,•�'-`
<br /> � of which Bonower has actual lmowledge. If Borrower teams,or is notified by any governmental or regiilatary�arity,that � , ,.:�-_
<br /> - � any removal or other remediaaon of any Hazardous Substance affecting ttce Properry�s necessary,Borrower shall p;vznpdy talce ' :`� �• `-
<br /> ,:+.::. :�.
<br /> .' • - � all necessary remedial actions in accordance witb Environa�ental Law. _-
<br /> . , ps used in this paragraph 20. "Hazardaus Substauccs"are those substances defined as touc or ha7arctous snbstances by —
<br /> ' � Environmental Law and the following substances: gasoline, kerosene, other flammable os toxic petro2eum producu, touc _"js
<br /> � . pesricides and herbicides,volarile solvents,materials wntainiag asbestos ar fomnaldehyde,and radioactive materials.As used in
<br /> �. � � .�� this paragraph Z0, "&avironmzntal Law" means federal laws and laws of the jwisdiction where the Properry is lacated that ;,;,;',
<br /> relate to health,safety or envimnmental protection. �
<br /> ' � NON-UNIFORM COVENANTS.Borrower and Lender further covenant and agree as follows: � �� —
<br /> . • � � � 21.Aoceteranon;Remedies.Lender shall give notice w Borrower prIor to accete�atton foIIowing Borrower's breach � .. .�. -;,�-
<br /> �'`�: � � of any covenaat or agreement in t6ts Seauity lastrument (6ut not prIor to acceleratlon �der paragcapb 17 unless , __=
<br /> . �• appllcabte law pmvldes otherwlse).'I'he nottce shall spedfy: (a)the default;(b)the acNon require�l to cure the defauih . •c . - _
<br /> � � (c)a date,not less than 30 days fmm the date the nottce is giveo to Borrower,by whtc6 the default must be cared;and
<br /> (dD r.l�at failuse to cw�e the de fau lt on or b e fore We d a te s p e c l P i e d i n t h e n o t l ce m a y r e s u l t i n a c c e l e r atton oY t6e sums • , •.
<br /> �;,,; . _ . secured 6y this Seturity Instnnne�and sale of the Properiy.The noNce sLall further inform Borrower of the rtght to , � ; •
<br /> reinstate after acceteratton and the rlght to bring a court acK[on to assert t6e non-existeace of a deYautt or aay other .
<br /> defense of Borrower to acceleration and sate. If the default is not cured on or before the date specified in the nottce, �
<br /> •• Lender, at its optioa,may reyuire immedlate payment in PuA of all sums secmed 6y thLs Security Instrument w(thaot .
<br /> � � ' . � .. further demand and may invoke the power of sale and any other reanedies per�taed by�Zl,�iaclu`ding,but aot lim[ted
<br /> entttled to coltect all expeases incurred in pursuing the rcmedies pmvided in this paragraP . . ,
<br /> ,��; ,� to,reasonabte attorneys'Peeg and costs of title evidence. . °
<br /> � If the power of sate is invoked,Tn�stee shall record a notice of defaWt ia each couaty in whicb any part of the
<br /> • - Property is�ocated and shall mail cop�es of such nottce ln the manmmer prescrlbed by applIcable[aw to Borro�ver aad to , � ••
<br /> ��" , the other persons prescribed by appllcable 1aw.After the time required by appftcable law,Trustee shall gire publlc nottce
<br /> � of sale to the persons and in the manaer prescdbed by applicable lan.Trustee, without demand on Borrower,shaU sell
<br /> • � the Property at public auction to the highest bidder at t6e time and place and umder the terms desfgnated in the notice of �
<br /> . ��.r _ ' sale in one or more parcels And in any order Trustee determines.Tn�stee may postp�ne sale of all or any parcel of the
<br />= Property by public announcement at the tlme and place of any previausly sthedWed sate. Leader or its designee may
<br /> , � purchase the Property nt any sale. , .
<br /> . ; •
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