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<br /> _ �• ` ��_� `� 17.T�ans[er of the Ptvperty os a B�dal Iuterest in Boreoiser.If all or any part of the Property or any interest in it - • c.`�- _°<�:�
<br /> �, �.< � :
<br /> > � � is soid or transferred(or if a beneficial interest in Borrower is sold or uansfened and Horrower is not a natural person)withaut :`:q�. '. � .
<br /> � • '�'� Lender s prior written consen�. Lender may, at its option, require immediate paymeni in full of atl swns secured by thisC� , _
<br /> - . `r�� !� ` ' Secnrity Instrament.However,this ogtion shall not be exetcised by Lender if exercise is prohibited by federa!law as of tiie date�Q �°��� �� •
<br /> �,.�.�-�,�1""..�.`�; af this Security Instrument. ui . ' " f
<br /> -� -- •°'r If I.ender exercises this option,L.endet shall give Borrower notice of acceleiation.The notice sball provide a period of not s
<br /> -` �� _ less than 30 days from the date the notice is delivered or mailed within which Borrower mnst pay all sums secured by this � 4_
<br /> s � ' Secvrity Inswment.If Borrower faits to pay these sums prio_*to the expiration of this period.Lender may invoke any remedies .
<br /> - . -• `:• ;; Permitted by this Security(nsuument without further natice or demand an Borrower. . . ' �.
<br /> I$. Borrower's Rig6t to Reinstafe. If Borrower meets aertain conditions, Borrower shall have the right W have ,•' `
<br /> � ' �� � enforeentent of this Security Instrument discontinued at auy time prior to the earlier of: (a)5 days(or such ather periad as 3 . � ,; "�
<br /> � I�cable law ma eci for reinstatement) before sale of the Pro ursuant to an wer of sale contamed in this �`'� '•�'��` �-
<br /> --.. -- - aPP� Y SP fY Pert3+ P Y P� - , ,- .
<br />- ' Security InsUniment:or(b)entry of a judgment enforcing this Security Instrumen4 Those con3itions are that Borrower:(a)pays ._ �"'=-'��
<br /> t` � ' - I.ender all sums wluch then woutd be due under this Secvrity Instrument and the Note as if no asceleration had accurmd:(b) _ � --
<br /> •.• .- . '. cures any default of any other oovenants or agreements:(rl pays all expeases incurred in enforcing this Security I�ment. �����'�� `.•Q _A:•
<br /> � � inclnding,but not limited to,reasonabte attorneys'fces:and(d)takes sueh action as Lender may reasanably require to asstue • _�
<br /> `' _ �`�` tbat the lien of this Security Instrument, L.ender s righu in the Prope:ty and Bnrrower s obligation to pay the sums secured by _ --
<br /> •, ,.
<br /> .-• "" ' ' this Security Instrument shall continue unchanged. Upon reinstatemens by Borrower. this Security Instrament and the •
<br />= . �, ` ,,�-. ;,�� obligations secured hercby shatl remain fully effei�tive as if no acceleratinn had occurred. However,this right to reinstate shall u .
<br /> , ' nut apply in the case of acceleration under paragraph 17. �
<br /> _ , 19. Sale of Not� Cbange of i.uau Servicea The l�tote or a partial interest in thc Note (together with this Sccurity � :y� � '
<br /> .. ' � instrumenti may be sotd one or more times without prior natice ta Borrawer.A sale may resuit in a change in the entity(known ' `` ' __
<br /> ` as the"Loan Servicer")that collects monthfy paymm�ts due under the Note and this Secunty Jastrument. There also may be one - - —
<br /> � � � " � "' or more changes of the Loan Servicer unrelated to a saie of the Note.if there is a change of the Loan Servicer,,Borrower will be �. --- --
<br /> ��-=--�-�-----,..:,. _�
<br /> � � • , • givcn written Roticc of tIm changc in urcordance with paragrapb 14 above and applicable law.The notice will state the name and ,. . - -
<br /> , �" �,.�- .
<br /> ' ,. , address of tiue new Loan Servicer dnd the address t�whicb payments should 6e made.The notice wil! also contain any atiier - }�_�__
<br /> , . infom�ation required by applicable law. . "�;,,�;�= °
<br /> �• ". ; � 20. Ha�ardous Substancxs. Borrower shall nat cause or permit the presence. use, disposal. storage, or release of any ==__ _
<br /> � .... Ha7ardaus Substances on or in the Property. Borrower shall not do, nor allaw anyone else to do. anything affecting the •�":��
<br /> •• - � -' • Property that is in violation of any Envimnmental Law.The preceding t+KO sentences shnll not apply to the presence. use. or
<br /> �.� ' ,� storage on the Property of small quantities of Harardous Substances that are generally recognized ta be appropriate to nom�al _,
<br /> '' � residential usc.s and to maintenance of the t'roperty. ' '--
<br /> y ?, . • Bonower shall promptly give Lender written notice of any investigauon,claim, demand. lawsuit or other action by any —
<br /> ;:-. _.. • ,� "•:�� govemmental or re�ulatory agency or private parry invotving the Property and any Hazardous 5ubstance or Enviro�unental Law �.•,ti,:'-
<br /> e,u
<br /> • � � of which Borrower has actual knowledge. If Bonawer leams,or is notified by any govemmental or regulatory a�stiiority,that _ -
<br /> . any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrowet shall promptly take . �
<br /> ' . :� all necessary remedial actions in accordance with Environmental Law. ���'?'."°�'"`
<br />_ ' . ' • . :f As used in this paragraph 20, "Ha7ardous Substaaces"are those substances defined as toxic or hazardous substances by - _
<br /> f, . . .:; �, 8nvisunmental Law and the fotiowing substances: gasolirL„ kerosene. other flammable or toxic petroleum praducts, toxic
<br /> pesticides and herbicides,volatile solvents,materials containing asbestos or formaldehyde.and radiaaciive materials.As used ia �'�`�
<br />�.y 't� . ....__.._ ._ ��-
<br /> �� this paragraph 20. "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that � ��.' �:�'`�
<br /> . . .� relate to health,safety or environmental protectian. ' -;.�._-
<br /> :, ° NON-UMFORM COVBNANTS.Borrower and Lender further wvenant and agree as follaws: • -=-
<br /> � , 21. Acceteration;Remedtcs.Lender sha11 give notioe to Barrower prtor to acccleration following Borrower's breacb � ��"'�. ___
<br /> � � of at►y covenant oP agreement In thls Security Instru�ent (but noi prior to seceteration nnder paragraph 1� unless -
<br /> s' ' � ' '� ayplicabte law provides otherwise):The notice shalf specify: (a)the default;(b)the action required to cm�the defauit; ��
<br />_��� _ � (c)a date,not less than 30 days fmm the date the notice is given to Borrower,by which the deisult must be cured;aad � 1
<br /> �,'' • . . ;,:. (d)tl�at faibre tv care the defauft on or before We date specitied in the nottce may result in acceteratIon ot the s�ns • ,.
<br /> secared by this 3ecurity Inctrument and sale of the Y'roperty.The Qatice shall further iaPorm Bo.rowes of the right to , ,,,� -_.
<br />'`�' • - -� -• reta�tate after acceleratton se:�the right to bring a muri actlon to assert the nornexistence oi a defaalt mr any other __"'
<br /> ,�:�,°-
<br /> .• defease of Borrower to acceleaation and sale. If the defautt is not cured on or before the date specifled in the nottce. ' - ___- -
<br />;`./°. . . Lender, at Its option, may require immedlate payment in ful!of all sums secured by this Securfty lnstrument wfthout - . --
<br /> fuRher demand and may invoke thc potivcr oY sale and any other remedtes permitted by applicabte law. I,ender shap be • . .
<br /> - " • entitted to collect all expenses incun�ed in pnrsuing the remedies provided in this paragraph Zl,including,but not Umited •^r�°��°��
<br />_ i�, .
<br /> . . . . � , to,eeasonabte attorneys'fces and costs of tiile evldence. . .. • �
<br /> If thepower of sale ls lnvoked, Trastee shall record a nottce of default In eacd county in whtch any paM of tQ�e , •
<br /> � � Property is lacated and shall mail capies of such notIce an the manner prescribed 6y appllcable law to Borrawer and to ,
<br /> : the other persons prescribed by appiicable law.Ai'ter the Nme regulred by applicable law.Trustee shstll give public notice . _ . :
<br /> � ' � of sale to the persons and in t6e manner pr�ctrlbed by applicable law. Trustee.without demand on Borrower.shall sell � • • ..
<br /> � ` . . • the Property at public aacNon to the highest bidder at the time and ptBCe and under the terms dest�nated in the notfce of • "
<br /> • ,„- . sale in one or more parcels and in any order Trustee determines.Trustee may postponc sale of all or any parcel of the • �
<br /> • � Property by public announcement at the time and ptace of any prevtously scheduled sale. Lender ar its deslgnee may . :r ,
<br /> � . . purchase the Property at any sate. • •
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