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<br /> ' •� • - 17.TraaSfer of the Property ar a Beneftcial Iaterest in Bormwer.If all or any pan of the Property or any interest in it , - , •
<br /> is sold or transferred(or if a beneficial interest�n Borrower is soid or transferred and Borrower is aot a namcal petsoa)without .
<br /> ' � . I.ender's prior written consent. Lxnder may, at its option, require immediate paymeni in full of all sums secured by this ;;
<br /> . $��ty�n�nument.Hotitevei,this option shall not be exercised by Lender if eaercise u grohibited by federal law as of the 6ate ;,,_ :. _
<br /> _ - --=�- of this Securiry Iasuumeat.
<br /> ' If Leader eaes�cises this oprion.L.ender shall give Borrower notice of acoeleiauon.The norice shall pmvide a period of nat - .--< -
<br /> a
<br /> � less than 30 days from the date the notice is delivered or mailed within wluch Borrower must pay all swns seeured by this , . .
<br /> � Security Iasuument.If Borrower fails to pay these sums prior to the expiracion of this period,Lender may invoke any remedies �
<br />_�_ , . . permitted jyy this S¢curiry Insnument without further notice or demand on Borrower. ', .
<br /> •F � 18. Borrowe�s Right to Reinstate. If Borrower meets certain conditions, Borrower shall have [he right to have . .. . ,,, 4
<br /> ` enfoisemeat of this Securiry 1nsm�ment disconanued u anY �e prior to the earlier of: (a)5 days (or such other period as . � .
<br /> . , � ' applicable law maY specify for reinstatement)before sale of the Propetty pursuant to aay power of sale contained in tfnis ` :,c:_
<br />'.�. , Security Insmimenr os(b)enny of a judgment enforcing tUis Secnrlry Insuumeat.Those vonditions are that Borrower:(a)pays _ .-
<br /> • L.ender all snms which then would be d ue�m der t h i s Securi t y I n s n u m e n t an d t I i e N o t e a s i f n o acceleration had oaurred:N) ` , • '; �S'•�.
<br />:;. , � cures any default of any other covenanu or ageements; (c)Pays all expenses incurned in enforcing this Sec►uity mstrument, __ °�
<br /> to assurc �`"�
<br /> . includin g,but not limited to.reasonable attomeys'fees;and(�takes sudi aaian as lxnder maY�°�tY r�� '` ._.-
<br /> �:� , that the tiea of this Securiry Insuument,Lender's righu in t he P r o perty a n d B orrowe r's o b li g a t i o n t o p a y t h e s u m s s e c u r e d t ry . _
<br /> • this Security Insuument shall continue nnchanged. Upon reinstatement by Borrower, this Securiry Insmiment and the --
<br /> � .� ' obligations secured heceby shall remain fu11y effecxive as�f no acceleration had occurred.However,this right to teinstate shall , _ _
<br /> ,:: , aot appty in the case of accelerauon under paragraph 17. . ,•��i�;.�s:
<br /> � 19. Sale ot Note; Change of Loan Servtcer• 'fhe Note or a partial interesc in the Note (together with this SecuritY .<, �_
<br />:�.: . . . . �:..:,•. :,�_
<br />- Instrument)may be sold one or more times without prior noace to Borrower.A sate may resutt in a c]�ange in the entiry(Imown ' .`,`S. _ �;_°
<br /> ' as the"Loan Servicer")that collects monthly payraents due imder the Note and this Security Instrument•TDeze a l so maY h e one _...
<br /> - '-��"� or more changes of the Loan Servicec unrelated w a sale of the Note.If there is a change of the Loan Servicer,Borrower will be �-a;•
<br /> •�`•� giv¢n written noace o f t he c h a nge in accor d a n c e w i t h p a s a g r a p h 1 4 a b o v e a n d a p p l i c a ble law.The notice will state tlie name and , . . ��_n_-_
<br /> ., . .;, � address of the new Loan Servicer and the address to which payments should be made.The notice arill also contain any other � ,.f;,,,_..
<br /> informatioa required 1ry aP8licable law. �-�
<br /> � '. ( Z0. Hazardous Substances.Sorrower shall not cause or pennit the presence.use,disposal, storage, or release of any :.:�-
<br />��` ` Hazardous Substances on or in the Properry. Borrower shall not do, aor aUow anyone else to do, anyWing affecting We '1'�:
<br /> '� ' Progerty that is in violatioa of an}+Envimnmental Law. The preceding two sentences shall not apply to th ro riate ect normal �-` _-
<br /> 'i � '. storage on the Property of small quantities of Ha7ardous Substances that are generalIY recaSnized to be app p -
<br /> residenual uses and to mawten�nce of the Pr+operty. �' �"�
<br /> ` Borrower shaU promptly give Lender written notice of any investigation,claim,demand,lawsuit or other action by any ,� .� �;,,^
<br />- �• ; �' govemmental or tegulatory agency or private party involving the Pcoperty and aay Ha7ardous Substance or Environmental l.aw . _<'�' �
<br />'�''���� ' ' � of which Borcower has astual knowledge. If Borrower leacns,ar is notified by any govemmental or regulatory authority, that •�.•��,"-
<br /> any removal or other remediation of aAy Hazardaus Substance a f fecting t he P r op e rt Y is n e ce s s a ry,B o r r ow er shall pm m ptl y talce �-:•>��►:_
<br /> --_ � :;�:�"
<br /> ' �.:• aIl necessacy remedial aaions in accordance with Environmental Law. . � --
<br />� � • As used in thu paragraph Z0,'Hazardous Substances" are those substances defined as toxic or haTardous substances by . =_
<br /> Environmental Law and the followmg substances: gasoline, kerosene, other flammable or toxic petroleum producis, toxic r,�
<br /> � � pesticides and herbicides,volatile solvenu,materials wntaining asbestos or formaldehyde.aad radioacpve materials.As used in i:,`�;,_
<br />``1 ` • tlus paragraph 20. "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that . .. -:• .
<br /> �( � � relate co healti�,safety or environraental protection. • � '��i_�
<br /> = � NON-UNIFORM COVENANTS.Borrower and Lender further covenant and agree as foilows: • �'.��-',
<br />�''`� � 21.Aeceleratton;Remedicg.Leader shall give aotice to Borrower prior to acceleretton following Borrower's bresed ___-
<br /> of any covepant or agreement in thls Sesvrtty Iastn�ment (but not prtor to acxeterat�on under pa�ap,�apb 17 nnless . ��;:`.,
<br /> ` ' applicabte law prnvides ot6er�rLse).'I'he nottce s6a11 speeify: (a)the default; (b)the act€on sequired to wre the detault; , �°:
<br /> �:. ' ' (c)a date,not less than 30 days from the date the notice is given to Borrower,by w61ch the default mast be cured;and ���,.
<br /> ' • � (�that failase to cure t he de Paa l t on or b e fore t h e d a t e s p e c i P c�i a�t h e n o n c e m a y r e s n t t fn acceleration of the sums : .. __
<br />. - secwe�by this Securtty L�tn�ment and sate of the Property.'I'�e notice shall Purther infor+n Borrower of the rtgh�to
<br /> � � '�� reinstate aftes acceleratton and the rlght to bring a court actton to assert the non-exTstence of a default or any other ..;
<br /> � � � defense of Borrower to acceteratton and sale. If the default is not cured on or before the date speciifed in the notice, . , ..
<br /> .�;. Leader, at its option,may reqalre immediate payme�ln fuU of all sums secured by t h i s 3 e c t u tty I n s i r�ment wlt6out • .,
<br /> • farther demand and may invoke the power of sate and any oiher reme�les perm(tted by applicabte 1aw.Lender shall be
<br /> � e�itted to collect aU expenses lacurred ln pu�suing the remedies pmvided in 4hls paregraph 21,Inctuding,but not Iimited .
<br /> �,��, • � to�reasonable attorneys'fees and costs of tttte evldence. ,'
<br /> � IP the power of sale is invoked,Tnutee shall record a nottce of defaWt in each county in which any part of the ,
<br /> ' Property is lacated and shall mail wples of such notice ia the manner prescrtbed by appltcabte faw to Borrower and to ; . .
<br /> ' the olher persoas prescribed by applicable law.After the tlme require�by applIcable law,Trustee shall giue public notice
<br /> .� s ' of sale to the persons and in the manner prescrlbed by appllcabte faw.Tnutee,wtthout demand on Bosrower,shall sell . � _
<br /> the Yroperty at public auction to the hlghest bidder at the time ana place and under the terms deslgnated in the�ottce of .
<br /> sale in one or more parcels and in any order Trustee determines.Trustee may pastpone sale of all or any pascel of the
<br /> � Property by public announcement at the tLne and place of any previously sc6eduled sale. Lender os tts desigrtee may . . . .
<br /> ` • purchase the Property at any sale.
<br /> .;;
<br /> • . � . Form 3028 9/90 .
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<br /> �-8R(NE)�sziz�o� oa90 5 or e imna�s.�
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