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<br /> � � 17. Transfer of the P�operty or a Beneftcial interest in BoROwer. If aU or any paR ot the Property or � �� t��,'
<br /> - any irtterest in it is said or transterted(or i(a beneftcial interest in Bortower is sold or transterted and Bortower is not a natural
<br /> � person)without Lertder'S pri�r written Consent, Lender may,at its opUon,requ�e immediate payment in fu�ot an sums secured by i � � ,
<br /> . + this Security Instrument However.this option Shell not C8 exerCised by Lender d exerr.i5e+s ProA�bited by federal law es of the i . ,
<br /> • � date ot tAis Secur�l fnstrument � " �
<br /> • � fi Lender exercises Nis optbn.Lender shalt gi+re Borrower noUce af acce�eration. The notBCe sfiaU prov�de a per�od at not `
<br /> `� � j �ess than 30 days from the date the notice IS de�lsre�ed ar matled w�hin which 8orrower must PaY aD sums seeured by this `
<br /> � � '`5 See�rity Instrumen� If BoROwer la0s to pay these sums priar W the e�ealion of this period,!-ender may mvoke any remedies ; ,
<br /> � permitted by Mis Secur�71 instrument w�Thout further noUce Ot demand on BOrrower. ' , .
<br /> , .. . i ; `� �
<br /> . `� 18. Borrower'8 RtgM t0 ReiDSt�tB. tf eorrower msets certa�+ cond�ions, eorrower sdau t,ave tne rigt+t to nave t , -
<br /> . , � entarcement of this Secur�ty Instrument discontrtiued at any tirtse Pnor to the eaAier ot (a3 5 days (or such cther period as - • ,
<br />;� 5 applicabie law may specJy tor reinstatement)6efore ssle of the Pteperty pursuant to any power of sale conffiined in tAis Sacurity � � � r
<br /> . --- � Instrumenx or(b)entry of a judgment enforcu�g thls Secur�ty Instrument Those condntons are that Barrower: (a)pays Lender aii � .
<br /> L � sums which then wouid be due onder this Securdy instrument end the Na09 as if no 8�xeler8bon had otcurted: (6)eures any �. ___
<br /> � defauft ot anY other cove�ant or agreements: (c)pays s0 expenses incurred in enfor�ing this Sscur�lY �nsVUmE^t, ina�uding,but � �,
<br /> ' not limitad to,reasonab(e attamays'tees;and (�takes such action as Lendar may reasonabty requue to assure that the lien of , ,
<br /> ' `� this Security Instrument, Lendefs rights v� the Property end Borrowers obfigeUon to pay the sums securad by this Securityr _
<br /> � I�stament shell cont�us unchanged Upon reinstatement by Bortower, this Securny Insbvment and tfie obGgatfons secured � f : ' �•�_` � ..
<br /> `� hereby shall remam tutri effecUue as if no acceleratian had occurted• Howevar,this right to remstate shal►not apply rt�tt►e case .
<br /> of accetaratian under ptuagnaph iZ « �' ,. .
<br /> 19. Sate of Note; Change of Loan Servicer.rne n�o�e or a a part�a► mterest in th9 Note (tagether with this , : 'c. �%
<br /> .+'r._ �-:
<br /> ' �.� Security�nsuument)may be sotd one or more tBnes without P�ar notice to Bortower. A sate may resuft in a change in the entity ..
<br /> `�• . (krtawn as the'Laan Senricer7 that coliects monthry payments due under the Note artd this Security Instrument There atso may :•.� ' - � �
<br /> � . , ' � ..F.•'g'- �.
<br /> • •j 6e one or more changes af the Loen Servicer unrefated to a sale of the Note. t! there is a Change ut M8 Loan Servker.
<br /> ' ' '' 8orrower wiii be given written noHce of the change in accordance with paragraph 14 above and appUcabie 18w. The noUce w11 . _
<br /> `' ' �.� state the�ame and address ot the new Loan Servfcer and the addtess to which payments should be made. The noike wID also �_-
<br /> � contain eny othet intottnatlon reqused bY ePPlicabia law. � - q •
<br />�,F � 'I 20. Ha28fdOUS SUbSiaTiC�B. Borrawer sDaU not cause or permit the presence,use,disposal,storage,or retease of ' i.��
<br /> ' � r- � gny HBTardous Substance9 on or in the Propecly. Bortower shail not do, rtor a Q ow anyone e l se t o d o,en y t hin 9 aNectm 9 the 3�_-.
<br /> � Property that is in violaUon of eny Environmental Law. The precedfng two sentences shail not eppty to the presence. use, or -----.r. r
<br /> storage on ttie Property of smail quantnias of Hazardous Substances that ere 9eneraly recopnized to be appropriate to nortnal _, s ��
<br /> _ �.�•�
<br /> � • residential uses and to ma'v�tenance of the PropeRy. �' ��
<br /> � � Bortower shaU promptry give Lertder +xritten notice of any 6►vesHgatlon, ciab�. demand. fawsu�t or other acUon by any • : �-,;:;`,-':t�.��;`
<br /> .;;;�. ' ' govemmentai or regutatory ageney or privats paRy hnroNing the FropeRy and any Hazerdous Slibstance or Envtronmental Law ot -- . . :.��.�'�'':
<br /> . � �'�
<br /> whtch Bonower has aCwai knowledga If Bartower leams, or Is notilied by any govemmenta�or regutatery authorny, that aay =.:y�
<br /> ��r removal or other remediaUon of any Harardous Substence aNecCmg Property is necessary. Borrower sha0 pramptN teke aU :
<br /> , . .'� �•, i�`�;"`:
<br /> `' necessary remedial actions in accordance wrth EnvtronmeMat law. , <<;,:; �
<br /> E � AS uSE.ef in this pategr8ph 20, 'Hezetdous SubslenCes"Are those SubStBnCeS defined 8s tOxiC or hez8rdous substances bY , r,,
<br /> s c � �'�
<br /> Environmental Law and the foliowing substances: gasofine, kerosene, ather ttammabis or toxic pe7oleum products. toxfc i „ �
<br /> . �� . pestkides and herbicides.votatile soNents, matertats containin�asbestos or fortnaldehyde,end radioacUve materials. As used 6n , �,y;�=:
<br /> � ` paragraph 20, 'ErnUOnmental Law° means federal taws and laws of the jurisdictlon where the PropeRy ts Iocated that retate to , . ,..;� :-
<br /> heafth,satety or environmental protaction. ' �• '-��-,#��
<br /> . `'a:c_�,.
<br /> ' NON-UNIFORM COVENAMS. 8ortowar and Lender further eovenant and agree as follows: - -�
<br /> � 21. Acceleratton; Remedies. Lender shatl give notice to Sorrower prtor to acc��c�etion � �--��"=�
<br />_ following Borrower's breach of any covenant or egreement tn this SecuNty Instrument ((�ut not � • � :'��,:�
<br /> , ::'-;:�_
<br />- � prior ta acceleratien under paragraph 19 unless applicable law provides otherwise). The no4lce �.:,.�.�,(,
<br /> �,�' � � , shaU specify: (a)the defaWt; (b) the action required to cure the default; (c)a date, not less than � .;��,
<br /> � 30 days trom the date the notice la given to Borrowe�, by which the de9auit must be cured; and �
<br /> � (d) that tailu�e to cure the default on or betore the 6ate speaified in the notice may resuli in � . .• `�=
<br /> acceteration of the sums secured by this Security Ins9rumen4 end �te of the Property. The notice „ .,��'.
<br /> - �` shall tuMher intorm Borrower of the rtght to retnstate after aceeleratton and the rtght to bring a . � �� �==
<br /> cou�t actlon to assert the rton-exlstence of a detautt or any other detense ot Bonower to ,
<br /> � acceleration and sate. If the deisuit is not cured on or betore the date specified tn the notice, � •
<br /> � Lender et its opUon may require immediate payment in tull ot all sums secured by this Security �,: � .� � �
<br /> • Instrumen4 without turther dem�nd and may invoke the power of sate and any other remedies . • ., .. .
<br /> ;�� � , permitted by applicabie law. Lender shati be entitled to coilect all e�enses incurred in �ursuing : ��� ,
<br /> .;;'-� the remedies provided in thls paragraph 21, includin8, �aut rtvt limited to, reasonal�le attorneys' .. .
<br /> : a
<br /> tees and costs of title evidence. •
<br /> If the power of sate is invoked, Yrustee shail record a nottce ot detault in each county in
<br /> � which any part of the P�operty ia tocated and sh�Q mail copies of such notice in the manner .
<br /> • �` prescribed by applicabte law to Borrower and to the other persona prescribed by appiicable taw. � . .
<br /> � � After the Ume requi�ed by appllcable law, Trustee shall give public notice of sale to the persons �� .
<br /> and in tha m�nner prescrlbed by applicable law. Trustee, without demand on Borrower,shall seil .,...
<br /> � the Property at public auction to the highest bidder at the Ume and ptace end under the terms , . :
<br /> . , destgnated in the notice o! sale in one or more parcets and In any order Trustee determinea
<br /> Trustee may postpone sale of all or any parcel of the Property by public announcement at the .. .
<br /> time and place of any prevlously scheduled sale. Lender or its designee may purchase the ..
<br /> . Property at any sale. •
<br /> � Upon receipt of payment of the price bld, Trustee ahall deUver to the purchaser Trustee's
<br /> �. � ; deed conveying the Property. The recitals in the Trustee's deed shail be prima tacie evidence of
<br /> 4he Vuth of the statements made therein. Trustee shall appty the proeeeda of the sate in the
<br /> ' tollowing order: (a) to all costs and expensea of exercising the power of sale, and the sale, ' .
<br /> '� ' ` �� including the payment of the Trustee's fees actuaity incurred, not to exceed three . ,�
<br /> � °/a ot the principal amount ot the .
<br /> ';� note at the time of the declaration ot defautt,and reasonabte attorney's tees as permitted by law; �
<br /> (b)to all sums secured by this Security Instrument; ancf (c)any excess to the person or persona �
<br /> '�' � legally entitled to it . : ,
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