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<br /> •• .� 17.Transf�of the Prop�tq ar a Be�efidal interest in Borrower.lf all or any pan of the Froperty or any interest ia it ` .� �'
<br /> - is sold or uansferred(or if a beneficial interest in Bormwer is sotd or transferred and Borrower is not a natwal person)without _ . `" - r
<br /> `. � Lender's prior written consent. Lender may, at its option. require immediate payment in full of a11 sums secured by this � �'
<br /> ` _j Saatt'sty Iostrument.However,this option shall not be exercised by Lender if exercise is pmhibited by federal law as of[he date .
<br /> . �, of this Securiry Instnunent. ` �- `. .-- :: .-. .
<br />-'- --• � !f l.ender eaercises this opaon,Lender shall give Boaower notice of acceterarion.The nntice shaIl provide a periai of not �-= `•~ �—"_�- -
<br /> � . �'`Y E less than 30 days irom the date the notice is delivered or mailed within wluch Boaower must pay all sums secured by this 4.,�.. _
<br /> .. 5ecurity Instrament.If Borrower fails to pay these sums prior to the expiration of this period.Lender may invoke any temedies
<br /> .. . .� permiued by this Security Insnument without further norice or demand on Borrower. �.., . `
<br /> l�. Borraww's Rigtrt to Refiastate. If Borrower meets certain conditions, Bo:rower sball 6ave the rig�nt to have �.. .�,`
<br /> • i e n f o r c e m e n t o f t h i s S e c u r ity I n s t r u m e n t d i s c o n t i a u e d at any► time prior to ttte earlier of: (a)5 days(or such oWer period as ��, . ;f `���;:, `� .
<br /> , � .� { applicab2e!aw may specify for ieinstatement) before sate of[he Froperty putsnant to any power of sale contaiaed ia this . ,.;•.
<br /> Security Insuument;or(b)enuy of a judgmenc enfo�ing tLis Sea�rity Insuumea�Those coaditions ate that Bonower:(a)PaYs . . _.`_..�+-r°
<br /> Lender all sums wluch then would be due under this Security Iastrument and the Note as if no accelezation had accurred:(b) ��. :_, ' • -
<br /> � caures any default of aay other ooveaants or agceements: (c)PaYs all expenses iacused in enforcing this Security Inswment. .. ;.�-:.� �.
<br /> � ' , insluding,but not limited w,reasonable attomeys' fees; and(d)takes such action as Lender may masonably rerqwre w assure `�;""—:�`
<br /> � that the lien of this Serauity Inswment,Lender's rights in the Property and Borrower'sobligauon to pay the svms secured by : ,�'`� '`
<br />` this Security Insuument shall continne unclkwged. Upoa reinstatement by Borrower. �his Sea�rity tnstrwnent and the �-. .,t` ,:;.�
<br /> . � obligations secuned hereby shall remain fiilly effective as if no acceleration had accurred.However.this right to reinstate shall . � • - --_
<br /> . , not apply in the case of acceleration under paragraph 17. ., �'.,_
<br />- . � �� . 19. Sale of Note; Change of Loan Servicer.The PIote or a partial interest in the Note (tugettier with this Security � ,. �`�=
<br /> ... .. _, Instrument)may be sold one or more times without prior notice to Borrower.A sale may result in a change in the entity(Imown ' . ,,. __—
<br /> , . ���. as the"Loan Servicer")that colle�xs montlily payments due under the Note aad this Secunry Insirument.There also may be one ;-�� ��•_:..��.�:-�
<br /> , or more changes of the Loan Servicer unrelated w a sale of the 1�Iote.if there is a chsnge of the Loan Servicer,Borrower will be ,. ';��,�,____
<br />. • . . given writtea notice of the change in accordance with paragraph 14 above and applicable law.The notice w71 state the name and - ,s_ -
<br /> . addiess of the new Loan Servicer and the address to which paymen[s shoutd 6e made.The notice will alsa contain any other • =-
<br /> . � information re4�bY aPPlicable law. ' ,.. '-"`�'�_`--
<br /> �. _�--.--
<br /> ": � . 20. HaTardous Substances. Boaower shail not cause or permit the presence, use,disposal, storage,or release of pay ' • .- •-•--
<br /> Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do. aaything affepiag the `� ��
<br /> Froperty that is in violation of any Environmental Law. The preceding two seateaces shall not apply w tf�e presence,use. ar � ___:_,
<br /> • � stonge oa the Pcoper[y of small quantities of Hazardaus Substances Wat are generully recogaized to be appropriate to normal '
<br />- tesideatial uses aad co maintenance of tlte Prope[ry. .•'' '�
<br />- .. � . Borrower shali pmmptiy give Lender written notice of any investigation.claim,demaad. lawsvit or other action by any _
<br /> - ' � � ' governmental or regulatory agency or private party involving the Propeny and any Harardous Substance or Environmental Law , -_—.-.
<br /> of which Borrower has actual lmowledge. If Borrower leazns,or is norifeed by any govemmental or reg�latory authoriry.that � � _ �; ��-�=
<br /> • any remaval or other remediation af any Harandous Substance affecting the Property is necessary.Borrower shall pmmptly take '-°=
<br /> -� ' all necessary remedial actions in accordance avith Eaviconmeutal Iaw. . ;:,�s:_,. .::���
<br />'•�� • As used in this paragraph 20, "Hazardous Substaaces' are those substances defined as toxic or hazardous substances by •.�;;;;+;.., ..._
<br /> � � Environmental Law aad the followmg substances: gasoline, kerosene. other flammabte or toxic peaoleum products. toxic ' '�`�; �'-y�.._�-
<br /> `` ' pesticides and herbicides,volatile solvents,materials containing asbestos or formaldehyde,and ndioactive materials.As used in � • . _•;��_
<br /> . ' this paragraph 20, "Environmentat Law' means federal laws and laws of the jurisdiction where the Property is lacated that � '��;•," _ ; �'�=""
<br /> ..,..,•.�c •
<br /> relate to health.safety or environmental proteaion. .., ;,<,.,, �.-.;�:`�::
<br /> -• � NON-lJ1�TIFORM COVENANTS.Borrower and I.ender further covenanc and agree as foliows: . ��� �
<br /> • 21.Acceteratton;Reme�fes.l.eader sl�all give notice to Bosrower prtor to acceteasuon followtng Bosrowec's 6reac6 � � ,� ��"
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<br />� • � of any covenaut or agreement in this SecurIIty InStn�ment (b� not prior to acceleraHon aader paragraph 17 �lcss =a}r
<br /> appllca6te taw provides o3herwise).T6e notice shall specri'y: (a)the default;(b)the action reqatired to cure the defautt; • ��T�
<br /> • '. • •� (c)a date,not less than 30 days frnm the date the notIce is given to Borrower.by whtch the defauit mast be cared;and : � _
<br /> (d)that fai4ure to cure the default on or betore We date spectfied in the not�ce may resWt tn nccelerattoa of the sums .."��.` � ��
<br /> . + secnre d by W l s Sec u r Ity I a s t r u ment an d s a le o f t he P r operty. T he not ice s h a ll f n r t her i n Yorm Borrower o f t he r i g h t to �.'� .
<br /> .. � reinstate after accetecatton and t6e right to bring a court action to ossert the non-exictence of a detaWt or aay other :; � .°
<br />' .;;;. defe�e oY Boaower to acceleiation and saIe. If the detantt is not cured oa or before the date spedited in the aottce, . . _.
<br /> .. Lender, at its optio�, may require immed3ate paymeat in full of all s�uns secured by this Security Iastn�eat without
<br /> • Purther demaad and may invoke the power of sate and aay other remedles permitted by appltcable taw.Lender shell be �
<br /> , entitted to collect all expenses iwsurred in pursuiag thc remedies provided ln thts paragrepb 21,Incladlag,but not limited. .- • �, , .
<br /> - � to,reasonable attorneys'fees amd costs of title evidence. �
<br /> • � � If the power of sale is iavolced, Trustee shall record a notice of defaatt in each county in w6icb any part of the • . � �
<br /> ' � Property is located and shap maD copies of such noilce ln the manner prescribed by applicabte law to Borrower and to � � .
<br /> • the other petisons prescrtbed by appHcable Iaw.After the tlme required by applicable law,Tnistee shall give publtc nottce � _ �:. . . '
<br /> ' • of sale to the persoas and in the maaaer prescribed by a�plicable 1aw.Tnistee, without demaad on IIoreower,shal!sell _ . '
<br /> ' ' the Ptoperty at public auction to the highhest bidder at the time and place and under the terms designated tn the notice oY ` �
<br /> ' .' ' sale in one or morn parceis and in any order Trustee determlRes.Trustee may postpone sale oY all or any parcel of the • ' ,
<br /> . , Property by publlc announcement at the time and place of any prevlously schedWed sale. Lender or its deslgnee may � � �.
<br /> � purchase the Property at any sale. .
<br /> � Furm 3028 9190 ,
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