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<br /> ' 17.TranSfer of the Progerty ur a Beaettdal Interest in Borro�ser.If all or any part of the Pniperty or any interest in it ' " '
<br /> - �� � is sold or transferred(or if a beneficial intetest in Bormwer is suld or trancfemd and Barrowcr iti not a natural person)without � �, ��.
<br /> � ' ��� I.eader's prior written wnsent. I.ender may, at its option. require �mmediate payment in full ot all ,ums secured by this ° �` ` '���� ,
<br />_'; _,` ' '�a Security Insa�ument.However,this opdon sf►all nol be exemised by l.ender if exercisc is prohibit�ol by federal law as of the date ' . ' �,<-
<br /> `';,. . of this Security Instrument. • .
<br />,f � ' � �.- If Lender exercises this option,l.ender shall give Borrow•er natice oF aceeler,�tiun.The natice�twll provide a period of not .
<br /> <F , �_ �.�.' less than 30 days from the date the notice is delivered or mailed within which Barmwer muet pay aU �umti secured by this � � �•�._:
<br /> ,;`, : ,� Security Instrument.If Borrower fails to pay these sums prior to the expiratiim uf this pcnud, l.endcr rn3y imoke any remedies : �, .,�::.�.,
<br /> = ' --- '-� --°- pemt'stted by this Security Iastnimeut without further[totice or demar�d oa Borrowc�r. - - _;-==�.-
<br /> �;' - •• . .= 18. Bomower's Right to Reinstate. If Borrower meets ceriain umditiom. B��rrower +hall ha�e thc right to have �
<br /> ,�. -. _ �t enforcement of this Security lactrument disconunued at any time prior ta thc r�arlicr of: (a)5 day, (ur wch ather period as _:�' `
<br /> ; lccable law ma for reinstatement) before sale af the Pra ert unuant t�► an oa•er of wle contained in this �=�� _
<br /> , . aPP� Y �fY P YP YP
<br />�`:. • ' Security Im-trument;or(b)entry of a judgment enfoning this Security Instrument.Tha.e conditiunl are that Borrower.lal pays ,;;;.;,.z�., ��_ r'�� ;��
<br /> � ' [.Qnder all sums which then wouid be due under this Security Instrument and the Plote a�if no accele�ation had accurred: (b) r 'w
<br />-Y,•.., ` • ' cures any default of any other covenants ar agreements: (e>pays all expenses incuned in enfarcing this Security Instrument. �`s��f . :,.`�
<br /> � . '. - including,but not limited Eo.�easonable attomeys' fe�.s: and(d)takes sach action�Lender may rea.�onably require to assure , . ' � ��,�.;,t.;
<br />- '' that the lien of this Security Insuument. Lender's righu in the Property and Borrower's obligation ro Pay the�ums secured by . . .
<br /> ,•�; ,,. - � � this Seeurity Insuument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument and the � � - � i�"�`�'�
<br /> - • obligations secured hereby shall remain futiy effective as if no acceleration had accuned. However.this right to reinstate shall .
<br /> t��� ' ''_� ; not apply in the case of acceleration under paragraph 17. '�—
<br /> '° ° � ' '-'�"� 19. Sale of Note; Ci�ange of Loan Serv�cer. The Note or a partial interest in the Note Itngether with this Security � ---
<br /> . ,,�:�':�:;;.
<br />' fi ' ' � �� :.`s-��'—.-.:
<br /> `'�;'%•.' . Instrument)may be sold one or more times without prior notice to Borrawer.A sale may resu lt in a c hange in I he entity I known . _
<br />-'`'� . ''`�'��` as the"Loan Servicer")that coltects monthly payments due under the I�iote and this Secunty Instrument.There also m;►y 6e one =_
<br /> .f; �, or more changes of the Loan Servicer u�rrelated to a sale of the Note.If there is a change of the Loan Servicer. Bnrrower will 6e . _� �•.�'r�;,v
<br /> given written notice of the change in accordance with paragraph 14 a6ove and applicable law.The notice wiU state the name and .-.
<br /> � �, address of ttte new Loan Servicer and the address to which payments shouid be made. The notice will also contain any oitter _. _ _
<br /> � � .� .. information required by applicable law. . _
<br /> �`�� '` Z0. Ha7ardous Sabstances. Borrower shall not cause or permit the prcyenee, use, dispc�sal.storage, or relea.�e uf:u�y �'-
<br /> :'
<br /> ;%` . �iazardous Substances on or in the Property. Borruwer shall not do, nor allow anyone else to d�, anything affec:ting the ,'�� �` �
<br /> � Property that is in violation of any Environmental Law. 'i'he preceding two sentenres shall not apply to the pre+ence, usr, or ,,, k�"`�===
<br /> -4 ` sto e on the Pro of small uantities of Hazardaus Substances that are enerall rern nized to be a m riate to normal -�:t,---• `�`�`=_-
<br /> ._ , ,.:.. � PertY 9 S Y � PP P , ,� ___._,
<br /> ��,1 ' residential uses and to maintenance of the Property. - _-
<br /> ' � Borrower shall pramptly give Lender wrinen notice af any invesagation,claim,dentand. lawsuit or other actinn by any �•�' �"¢=--�
<br /> .f ,_.�
<br /> ; governmental or regulatory agcncy or private party involving the Property and any Hacar�lous Substancc or Envir�mmental l.aw ° : • _=
<br /> . of which Borrower has actual knowledge.If Borrower{eams, or is notified by any govemmental ar regulatory authority.that . �`
<br /> ;�---
<br /> . � any removal or other rc�ediation af any Hazardous Substance affecting the Property is necessary. Barrawer shal)promptty take � ;
<br /> .� � . all necessary remedial actions in accordance with Environmental law. � '�` 2'���.�
<br /> .. ;�� . � • As used in this paragraph Z0. "Hazardous 5ubstances" are those substances defined a�+toxic or hazardaus subtitances by . �, �. ':�:�41�
<br /> .. Environmental Law and the foUowing substances: gasoline, kerosene, other ilammable ur taxic petmleum productti, toxic •. ���
<br /> � pesticides and herbicides,volatite solvents,materials containir►g a�bestos or formaldehyde.and radioactive matenals. As used in . . �-,
<br /> _ this paragraph 20. "Environmental Law" means federal laws and laws af the juri,dictiun where the Prapeny is located that
<br /> -`i` � � • relate to health,safery or environmental protectian. • ''v=--
<br /> ' NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree ati follows: , • ;�-
<br /> � 21.Acceleration;RemedIes.Lender shall give naitce to Borrawer prior to acceleratian followln�Borrmver's hreuch • '�'�;.=,;
<br /> , o!any covenant or a��eement in this Security Instrument (but not prlor to acceleration ander parnRrapb 17 unless . ' �•�Y,•:
<br /> � appltcable law provides oiherwise).The nottce shalf specify: (a)the detault;(b)the action required tn Cure the dcfauit: ;�°
<br /> ' � : .. (c)a date, rtot less than 30 days from the date the notice L�given to Borrower,by�vhtcP�the detauft must be cure�l:und ; ' ___
<br /> �; .`� � • � • (d)that failore to cure the default on or before the date specifled In the notice mpy cesult in ucceleratton oi the sttmti . � ���_��
<br /> secured by thfis Security Instrument and sale of the Pruperty. The notice shall iarthec inPosm Bosrower oY the ri�ht to . ; .,�
<br /> � � reiastute after aoceleration and the rlght to bring a court actton to assert the non-exi�ience of a dtfuuU�r uny other �-� �• .,• • -�^-
<br /> defense of Borrower to accelera�ton and sate. If the default is not cured on ar before the dnte specti7ed In �he nnitce. �r ' . '
<br /> � Lender,at its option,may require lmmediate payment in Pull of all sums secured by this Secur[ty lnstrument without .
<br /> • • ,;: fuRher demand and may incoke the power of sale and any other remedies permitted by appftcable law. Leudc�r�+hall he - . :• •�•
<br /> . � `- entitled to rollcxt all expenses incurred!n putsuing the remedies provided in this paragrapb Zl.inctuding.Aut nat Hmited '. --
<br /> `-%� . . ° to,reasons�ble attorneys'fces and costs of title evidence. • - •
<br /> ' • � 1 If thepower of sale is invaked, Trustee shall record a notice of defauft in each count in which aay part ut the ' •
<br /> � � Property is located and shall mail coples of such notice in the manner prc.scribed by appUca�le IAW to BOlPUwer uwi(o •.
<br /> - � .... • the other person.s prescrlbed by applicable law.After the time required by applicabte law.Trustce shall�ive public naticc �
<br /> • • of sale to the pe�ons and in the manner prescribed by upplicuble law.Tructee, without demand nn Rnrrower.shall scl! .� , .
<br /> , the Property at public auction to the high�t bidder a!the time and�lace and under the terms desi�nated in the nottce ut .. .
<br /> •..; sale in one or more parcels and in any order Trnstee detcrmines.7'rustce may postpone r�afe of all or any parccl oP thc . . ' . �
<br /> � • Property by public announcement at the timc and place of any previously scheduled sale. l.ender ur its desi�nce may • • . ,.
<br /> ' ' purchase the Property at any sale. .
<br /> - � , , Form 3028 9/90 � , - �
<br /> � ' �eqo 5 u1 G . - � �
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