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<br />-a • � :. 16.Borrower's Cagy. Borrower shall be given onc conformed copy of the Note and of this Security�en� -'.
<br /> ` ' � 17.Transter of the Properiy ar a Benefida!Iaterest in Borrower. If a11 or any part of the Froperty or any inte�est in it is � . . , - `
<br /> �, ` � ` so2d or transfeRed(or if a ben e tcial mterest in Borrower is soid or aa�tsferra!and Banower is not a natusal person)mtho�rt _
<br /> ` Lerider's prior wriuea cansent,Lender may,at its aption.requirc immediate p a y m e nt in full of all sums secured by th�s Security � ; .
<br />- • Insuument However.this optioa s6a11 not be exercise+l by Lcnder if exercise u prohibited by federal law as of the date of this f � . , . , _
<br />"`' - -- -.- _` Sea�city Ins�smeut. '�x1 �� � --• -.
<br /> ��, ' QIt i�dcr exercises this option.Lcx�der shall give Horrower aotice of acceleration.The notice st�a11 providc a p�xiod of not tess,� .
<br /> Lcx p xio ,N . �... �.
<br /> �` � ' than 30 days from the dazc the aodce is delivered or ma�7ed within which Borrower aeust pay all sums secured by th�s Secuiity��
<br /> an
<br /> Instnimen�If Bairower faiLs tn pay thcse smrs priar w the expirarion of this periad.Lender may mvoke any ranedies p�armued�q �. '(.`;- ` �� ��.t�
<br /> ��.; ; . by this Securiry Instrument without fiuther aotice ar demand oa Borrawer. ° . :` `. ._.•
<br /> 18.Borrower's Right to Reiastatc. U Basmwer me� c�a� conditions. Bmrowe,r shaU t�ave the righe ro S�av�'d _
<br /> �; � enforcemeat of this Security Insaument dioconUnaed at any dme prior to the earlier o� (a) 5 daYs (or sucb o�her peaind as� . � ��;�:`<
<br /> �= .. ' • applicable taw maY SPecifY for seiastatcment)before sala of tde Property puTSOant ta any power of sale contained in Ihis Secunry . -_,-
<br />:�{; Instrument;or(6)eutry of a�udgment easforcing this Seauity Ir�suucaew.'Ihase conditions are thai Borrower:(a)pays Lender all ,,��.:,._.J
<br /> ,r�, • • . ` s�uns which then wuutd be due undea tt�is Secvrity Instrumeat and the No t e a s i f n o a c c e l e:a t i an 6ad o a�r r e d:(b)c�tres a�►Y w��.
<br /> t 9s . � •�
<br /> � defaWc ai any o�h�wvenants or agreemencs;(c)PaYs ail e�eases incurred in enforcing d�i4 Securiry Insarumen�,inctading,but . .`�_',•.�'.
<br /> � ..�� ,�_
<br /> �i not limited to,re�sonable sunmcys'fe�and(d)takes such aaron as Leader may c�asonably require w assure that the lien of this F -.
<br /> 1. Security Insuument, Lender's nghts in th;, Pmpe�ty and Borrower's obllgation to pay the sums secured by this Sec�uity ' i s ' —
<br />„�L � • , Instrumeat sball contutuc uncdanged. Qpon reinstatement by Bormwet, this Securiry Insorument and the obli g a u ons secuied . _
<br /> c an
<br /> h�eby shall remain fulty effective as if no acceleration had occurred.However,this right to reinstate sha11 not appty in the case of
<br /> �= • � accelerationundeaparagraplel7. _
<br /> 19.Safe of Note;Change af Loan Servicer. The Note or a partial interest in the Note (toSether,with this Sa�nrity . • -
<br /> '�°` insaumeat)rtmy be sold one or mnre times without prios notice w Bormaer.A sale may re,gWt m a change in the endty(kaown : � _
<br /> ,=, as the"Loaa Servicer")that colle�ts maathly paymsnts due under the Note and this Security L�swmeni.'It�ere aLso may be oae or .� , _
<br /> :; = more changes of the Loan Service�r utueEated to a sale of the Note.If�here is a chu�ige of the Loan Servicer,Borrower wiU be , ; _
<br /> :.�,�. •� • `3 h 14 above andapplicable law.The notice wiil state the name and --
<br /> ;; .� . t given wriuen notice of the change in accordance with para�ap . �,, --
<br />,:,;:; . add�ess of the new L,oat►Seavicer and the address to wtuch paymeau s ho u l d b e m a d e.lite notice will also contain an y other . �
<br /> � -._;� infonnation required by applicabte law. � '�� _
<br /> :�;` Z0.Haaardoas Su6stancea Bocmwer shall not cavse or peimit the presence, use. disPusal. storage,or release of any � *�:.
<br /> �:; ! Hazardous Substaucrs on or in We Froperty.Bormwer shaU not do.nor allow anyone else to do.anything aff'�ing the ProP�Y ''�,_,�—
<br /> 1 that is in violation of any Environmental Law.The p�e c e d i ng two sentences s h a l l no t app ly w t he p r e s e nce,use.or swla ge on the , '.y: :: ;:=_
<br /> _+'. . .� . �� property of snrall c�andties of Hazardous Substances that are geneially recogniud w 6e appmpriate w nom�al resid�tial uses . � `*'�". ;�_---
<br /> r�-�:.
<br /> and w mamtenance of the properey.
<br /> i`_:—
<br /> `;��. ' � Bosower shall prompdy give Leaider wriuen natice of any investigation,claim.demand, lawsait or other action by any ,.,.• ___
<br /> L�
<br /> gove,rrunental or r�gulatory a8enc5+m Pm'��Y�volving the Pmpeaty and any Hazardous Substance or Envlmnmenml Law ,
<br /> � � o�whic6 Borrower 6as acwal kaowledge.If Borrower tearas.or is notified by any govemmental or regutatozy+auWarity,that anY �-•���.'=
<br /> i removal or othea remediaiion of any Ha7ardons Substance affecting B►e PraPertY�s nece�ry,Boaower shall promptty take all ;;���.�.
<br /> .°��` � necessary remedial actions ia accordance with Environmental Iaw. ': .. �.':�:
<br /> � • ;-� ps used in this paragraph 20."Ha�aTdous Substances" are those substances defined a4 touc or ha7ardous substances by _ '
<br /> < Enviconmental Law and the fol2owin substances: gasoline, keroseae, other flammable or W�cic petroleum products. to�nc ''•�
<br /> n
<br /> ' _•'; pesticides and herbicides.volatile solve ts,matecials containing asbestos ar formaldehyde,and radioactive materials.As used in . • :. .�_`_'
<br /> this paragraph 20."Environmental Law"means fedetal laws and laws of the jurisdictian where the Property is Iocated that relate � �� :..�``�'
<br /> � � to health,safety or environmental protection. ;-�%�,w;
<br /> .,� .
<br /> . _,�'-
<br /> NON-UMFORM COVENANTS.Horrower and Lender further oovenant and agree as follows: • ` �
<br /> . :Q -
<br /> Zl:Acceferation;Remedt�.Lender shaA give notice w Borrower prFor to acceieratton follawfng Borrower's 6reac7r af .. � " f�
<br /> ° ' any covenant or agreement in this Secartty Insdvment (6at not prfir to accetesatlon uader paragrap6 17 ant�s . . :, ,:x;�
<br /> ' • applica6te Iaw provides otherwise).The nottce shaD specify:(a)the detaalt;@)the action required to cure the defauit;(c) ; , '''_
<br /> • � . � a date,not less t6an 30 days fsom the date tLe noHce is given to Bo�rower,by whicb the delaWt mus!be cured;and(d� :•.• � ,.
<br /> , � that tailure to care the defaWt on or before We date specified in the Qotice may result in acceteratton oY the sams secared -. , .
<br />•'�TJ• � i by tbis Security iastrament and sate of the Property.'�he notice s6aU further taform Borrower of the right to reinstate (; . ,
<br /> `• ��� . � after acceieratton and the right to bring a court actton to assert We non-ex�stence of a defanit or any other detense oY � , .
<br /> Borrower M acceteratton aad sa1e.If the defanit t�not cured on or before the date s�ed in the notioe,Leader,at its ° �
<br /> option,may require immedlate payment in fnll of sID sums secured by t3�iv Secarity Instrument wit6oat fa�rther demand � ?. ' ,. •
<br /> � and may invoke the pawer of sale and any other rem¢rlies permitted by applica6le law.Leudes shaU be entitted to colled ��.: � :
<br /> � al!expenses incurred In pursuing the remedies provided in thts paragrapb 21,including,bmt not limited to,reasonabte . .
<br /> � attorneys'tees and costs of Utle evtdence. °. `
<br /> .,�� • It the power of sale is invoked, Tms4ee sha0 record a notice o!dePault in eacb caunty in which any part of t6e ., „� , .
<br /> � Property is located and shall mail copies of such notice in the manner prescrtbed by applicable law to Borrower and to the
<br /> _ � other persons prescribed by applicabte taw.A�ter the time required by appltcable law,Trustee s6aU give pubt�c aotice oY ' .
<br /> -' .. � sate to the persoas and In the manner prescribed by appllceble faw.Trustee,without demand on Borrower,shall setl the
<br /> � Property at public aaction to the highest bldder at the time and place and under the terms designated In t6e aottce of sale 4�`"' . . .
<br /> � .
<br />:_ � Form 8028 9/90 '
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