|
♦ll....
<br /> .. . . . 'tf :M1_..
<br /> .. .
<br /> .�.� C...
<br /> •....�_.''.�ica� . . � �_ _" . � ._...._._._..�._...,.__..-�t.....
<br /> _ _. ...• . . ._. _ _............... .. .: ._ _
<br /> �4:.� � _ , . . , . ' - � . .. . � .
<br /> ..�.ti. _ , i� . . � . .. . . �� . _. V - ' -' ' . . f - - '4._ _._�._� .,. '.._a :�:
<br /> � __... ._.—_..... ��.��.x.....'-.- --� ' . . . <� . ._. � . .. . � .._.... ----_ .....- . ' -. . .
<br /> . � f. �
<br />. . • , . _� �'a
<br /> � ; 17. trans¢er ot the Property or a Beneflciat tnterest in Borrower. It all or any part of the Properry or,..-. - `. . �
<br /> � _ � any mterest in it is sold or transferred (or if a benefici�l interest in Bortower is sotd or transferred and Borrower is nat a nawral 4 �� �'-
<br /> , • pecson)without Lender's prior vrtitten consent,Lender may,at its aption.requ've immediate payment c►fuil of all sums secured by � �' .� ',,�.;.. '`
<br /> ' •� � . . Mis Securityr Inswment Mowe+rer.tDis OpNon shali not be exercised Dy Lender if exercise is prohbited by�ederal Iaw es ot the � E , c �
<br /> ; �
<br /> . . date ot tha Secw�iRy Instrumern. � k ` ` , � , .
<br /> . � � , If Lender exercises ffiis option.Lender shali give Horrower notice of acceleration. The notice shall provids a period of nat ' .
<br /> • ' � tess than 30 days from the date the notlGe is dellverad or ma�ed withm whkh Bom�wer must pay a� sums secured by thts � � ° _ •
<br /> ` S�curly tosuument it Bortower fa�s to pay these sums prior to ths mq�iraation of thfs periad Lender may tnvoke eny remedies � �• �
<br /> ` j pertn;ttgd py this Secur3y InsWment�nrrtAout further notice ar demand on Borrower. �,�� � ' �
<br /> �, � 18. Bo�toWEPS Right t0 R81n8tete. it Barrawer meats certsu► cond�ions, BoROwer shau have the right to have � � � � ` •
<br /> � enlorcement of th's Security tnsuument discont'viued at any time prior to the ear[ier of. (a) 5 days (or such other period as �
<br /> �. p - .
<br /> � appiicabte law may specdy for re�sffitement)before sate of the Property pursuant to any Rower ot sate contained in tAis Security '
<br /> - -.. — � Inshumets�or(pl entry ot 8�dgment eniorcuig this Security fnstrumenU Those cand'id'ons are that Borrower. (a) pays Lender a0 - - _— _ _ ,-
<br /> , � sums which then woutd ba due under this Security Insbument and tha Note as if no acceteration haC occucred: (b)cures a�y '
<br /> deisuft of any other cavenant or agreements; (c)pays atl expenses incurted m enforcin9 thts SacuritY Instrument, tnctuding,but
<br /> not funited to,reasonable attomeys'tees;and(d}iskes such action as Lendsr may reasonabry require to assuce that the Gen of � <?
<br /> - this Security Instrument, Lenders�ights �n the Property and Borrower'S obfigaUon to pay the sums secured by this Secur�Ty � ' � " "'�"`�`�'�
<br /> , `. Instrument shaU continue unchanged. Upon remsffitement by Barcower, this Security Instrument and the obligations secused
<br /> � hereby shan remain tullyr etfecWe as it no acceleratian had aecumed Ftowaver.this right to reinstate shall not apPty in the case : -
<br /> .' � of acceteration under paragtaph 7T. ` �`�' ~.`
<br /> � � ; 19. Sate of Note; Change ot Loan Servlcer. The Note ar a a paR�al fiterest in the Note(together with this . , F-
<br /> • 5ecurity Instrument)may be sotd one or mare tirt!es without prior notfce to BoROwer.A sale maY rosult in a change in the ent�y .,�_-F .J_'
<br /> � (knovm as the°LOan 3ervicer")that col�cts monthly payments due under the IYote and this SecurRy InsWment There atso may ..:_��-.
<br /> " � � ^ f be one or more changes of the Loan Servlcer unreia�d to a sals of the Note. If thece is a change o!ths Loan Sen�ker,
<br /> ;--9t. ,._�
<br /> � ' � Bortower will be given written notice of tha change in acCOrdance with paragraph 14 above and applioable law. The notice will '
<br /> state the name and address of the rtaw Loan Senr�er and the adEress to which payments sfioutd 6a made. The notice vr�i atso • _:"..�::
<br /> � � contain any other iniottnation requved by applicabte law. '� . ` �
<br /> ' � 20. HaZ8td008 SUbSf80CE8. Borrower shall not cause ar permn the presence.use, disposa4 storage, or cetease o! •
<br /> . ,..: 1 :, ..'�:�_..
<br /> . - � any Ha�rdous Substances on or in the Praperty. Borrower shall nat d0.nor allow anyone eLse to Qo,anything aftecdng the �_'_�,;,r ,
<br /> Property that is in viotatlon of any Emrtronmentai Law. The preceding rivo sentences sha0 not appty to the presence, use,or . �� •
<br /> . storage on the Property of smau quantRies of Harardous Substances that are generaUy recognized to be appropriate to nortnai ��s e� �;`:
<br /> residential uses and to maintenance of the Property. . ` 4�
<br /> ' 3+-'�,�
<br /> : . BoROwer shatl promptty give L.ender written notice of any irtvestigation, ctaim, demand. Fawsuit or other action by any �yr y r'° �
<br /> `�4,,::',�`-_�
<br /> govemmental ar regutatory agency or private party Imotvfig the PropeRy and any Ha�srdous Substance or Environmental Lavi of __,���:.�
<br /> whfCh Borrower hes aCtual knowledga If Borrower Ieams, or is notifled by eny govemmental or regutatory authot�y, that any ""� ---
<br /> ,,�:
<br /> ` removal or other remediaUon of eny Hazardous Substance aNecting Property �s necessary. Borrower shall prompty take aiI ;, �
<br /> necessary remedial actions tn accordance with Errvlronmental Law. :�.z�
<br /> As used in this paragraph Z0,"Hazardous Substences"are those substances defined es to�c Ot hazarQous substances by : ',,•: �_ •��
<br /> ���.
<br /> , . � � ,.�� Envtronmental Law end the foliowing subsYances: gasol'me, kerosene, other 4fammabte or toxtC petrofeum products, tox[c ��•`.'�
<br /> pestbides and herbicides,volatile soNents,materiais containing asbestos ar tomialdehyda,and radioactive materiais. As used 8n �� `'`
<br /> �`;::� .�:��
<br /> paragreph 20. "Erntronmentat !aw" means federal law5 and laws ot the jurisdIction where the Property is locafed that retate to ' x"'•�`�
<br /> .i-,y,�:
<br /> � heafth,satety or environmenta!protect!on. :��
<br /> , .�
<br /> � • .: �;i NON-UNIfQRM COVEWANTS.Bonower and Lender further covenant and agree as toltows: _ ,`:•'�__
<br /> � 29. Acceleration; Remedies. Lender shall give nottce W Borrower prior to acceleration '.�;�.F:�
<br /> � �� � following �or�ower's breach ot any covenant or agreement in this Security Instrument (but not , '�;�r�--
<br /> 4:�_,:_
<br /> � prior to acceteratlon under paragraph 17 unless applicabte Iaw provides otherwise). The noUce � - ��=�_-
<br /> .:,�.-,.,,
<br /> � shail specify: (a) the detault; (b) the action �equired to cure the detault; (c)e date, not lesa than , .. •��'°''
<br /> � � � 30 days irom the date the noUce is given to Borrower,6y which the delautt must be cured; and � `��`�-'�.��'
<br /> � (d) that tailure to cure the detauit on or betore the date specifled in the notice may �esult in � ���• � :�-r;
<br /> � acceferation o!the sums secured by this Security tns9rumeM and sate ot 1he Property. The notice , ` "'"�.�
<br /> ' �, :,;���
<br /> � ehall turther inform Borrower of the right to reinstate atter acceleratlan and 4he right to bring a � `. :,:� .,�_
<br /> � � � court act"san to assert the no�-existence of a de4autt ar any other defense of BoROwer to � • .
<br /> � � acceteratton and sale. N the detault is not cured on or betore the aate specified in the not�ce, . ..
<br /> � ' Lender at its option may requUe immedia�e payment in tuU of ail sums secured by thTs Security . '. �.
<br /> �. � � Instrument without further demand and may invoke the power of sate and any other remediea
<br /> � • ! permitted by applicable law. Lender shall be entiUed to collect a11 expenses incurred in pursWng _ �
<br /> . � the remediea provided io this �aragraph 21, Including, but not limited to, reasonable attomeys' � :��
<br /> tees and costs of UUe evidence. � � .
<br /> � If the power of sale is invoked, Trustee shail record e nottce ot deiault In each county in � _ .
<br /> � � which any part of the Property la located and shatl mail coples of such noUce in the manner
<br /> prescribed by applicable law to Borrow$r and to the other persona prescri6ed by applicable law. . � � .� �
<br /> After the Ume requtred by applicabte taw, Trustee sha11 give pubUc noUce ot sate to the persons . �
<br /> and in the manner prescribed by applicabte law. Trus:ee, without demartd on Borrower,shall setl
<br /> . the Property at public suctlon to the highest bidder at the Ume end place end under th� terms • . � .
<br /> deslgnated in the notice of sale in one or more parceta and in any order Trustee determines.
<br /> � Trustee may postpone sate of all or any parcel of the Property by pubiic announcement at the .
<br /> time and ptace o! any previously scheduled sale. Lender or its designee may purchase the �
<br /> ° Property at eny sate.
<br /> . ' Upon receipt of payment of the prlce bid, Trustee shati 8eliver to the purchaser Trustee's �
<br /> �, : dee� conveylrtg the Property. The reciials in the Trustee'e deed shatl be prima tacie evidertce of (
<br /> � . the Vuth ot the statements made therein. Trustee shall apply the proceeds of the sale in the f �
<br /> �. tollowing order: (a) to atl costs and expensea of exercising the power ot sate, and the sale� � �
<br /> inctuding the paymen4 ot the T�ustee's tees acWolly incurred, not 4a exceed three I �.
<br /> � % of the principal asnount of the � .
<br /> note et the Ume of the declaration of de4ault, and reasonabte ettorney's fees as permitted by law; � �
<br /> . (b) to all sums secured by this Security Instrument; an8 (c) eny excess to the person or persona j � ;
<br />:��; legalty entitted to i� �
<br /> i
<br />_ . . ��nFL�1n(�971 Paao 4 0l 5 ��yG-. � .
<br /> t
<br /> .; . � : . ._.._ ..._.....-..
<br /> q�04�
<br /> 4 .
<br /> 1-- � '
<br /> -.-.. . . .. --. . - . � . . _ . _ 'i`.. . � ._ _ .. . . ...-.r�_ .. ,i:4.,�.-ew�-:r :.T;.'"La'.•.�c`ie�• ..i�-,:,...... ,;-..y-• . �v::... ,_°....,..,. ... .
<br />
|