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<br /> • 17.Transfer of the Property or a t3eneffdal Inierest In BarroKer.li all ur any�art of thc Propecty or any interest in it {;, ` ;.'
<br /> ;',., is sold or tiansferred<or if a beneficia!interest in Borrower iti sold or trsn+Ccrr�and Barrouer is not a natural person)without(� �, y:_:
<br /> , ��i Lender's prior written consent. Lender may. at ia oPtion• rcyuire immediate p�ayment in full of all sums secured by this�
<br /> ; �� _ Security Instrument.However,this option�hai!not be exercised by l.endet if exem�xe i+prohibited by fe�eral law as of the date t ":�ti
<br /> �- oS this Security[nstrument. �n
<br /> If L.ender eaercises this option.Lender shal!give Burrower nutice nt'accelrration.The notice shall provide a period of not� �
<br />- -"+'_.` ` --- tess than 30 days from the date the rwticc is delivered or mailcd wishen «�hich Borrower musc pay all sums secured by thi �_,_`Tr�_ _,� ``_;
<br /> � � � Security Iastrument. If Borrower fails to pay th�e sums prior to the eapirstion uf this period, l.ender may invoke any remedies `;F_�Y. . -, .
<br /> . • , � ,_ pem�itted by this Security Instrument without further notice or demand on Bu�re�wer. ,
<br /> 18. Bonower's Right to Reinstate. if Borrower meets ��enain canditions. Borrowcr shsll have the riaht to hav
<br /> � • enforcement of this Security instrument discontinued at any time prior u►the wrlier uf: lal 5 days �or sach other period as
<br /> ti'` applicable law may specify for reinstatement) before sale of the Propeny punuant w any power of sale contained in this
<br /> � Security InstramEnt-or(b)entry of a judgment enforcing this Security lnstrument.Thnse conditions are that Borrower.(a)pays �
<br /> � Lender all siuns which then would be due under this Security Instrument and the Note as if no acceleration ha�occurrecf: (b) >:,�•,<��.�:...-,__
<br /> � '� cures any default of any other cavenams or agreemenu: (c)pays all expenses incur�ed in enforcing this Security Insuvment. _' ;�
<br /> . j _-:
<br /> including,but not limited to,reasonable attomeys' fces:and(d)[akes such action as Lender may reasonably requ�re to assure
<br />• ` � . ��� that the lien of this Security Instrument, Lender s rights in the Property and Borrawer's obligation to pay the sums secured by _� � _
<br /> • this Security Instrument shall wntinue unchanged. Upan rcinstatement by Bnrrower, thi+ Security Instrument and the
<br /> •� � ` - obligations secured hereby shall remain fully effective as if no a�leration had occurred. Hawever.this right to reinstate shall �
<br /> ` `-€� not apply in the case af acceleratian under paragraph 17. " =_,
<br />�f ' • 19. Sale oY Note; Change of Loaa Servicer. The Note or a partial intcr�t in the Note Itagether with this Security `"•l=a
<br /> ` . ,k----
<br /> � � Instnimeat)may be sold one or more times without prior notice to Borrawer. A sale may rcsult in a change in the entity(known ',,.• �
<br /> ' � �'�, as the"Loan Servicer")that collecu monthly payments due under the Niote and this Securuy Instrument.Thcre also may be one � ;:�, �' ;:
<br /> , �.��=�<'-=� or more chan ges of the Loan Servicer unrelated to a sale of the Note.If there is a change of the L.c�an Servicer.Burrower will be
<br /> ....g�._.�..-_:
<br /> ' given written nouce of thg change in accordance wich paragraP h 1 4 a bove an d app lica b le la w.T h e n o t i c e w i l l s t a t e t h e n a m e a n d ; .•�_�__
<br /> ` address of 1he new Laan Servicer and the address to which payments shoutd be made. The notice�vill alsi�contain any other N,,�.
<br /> information required by applicable law. �~
<br /> . � ;.('' V_
<br /> ��.:
<br /> '° • • 20. Ha7ardous Substances• Borrower shal! not rause or permit the presence. use, di+po+al. storage, or release of any _�_
<br /> Ha ard —
<br /> " - " Hazardous Substances on or in the Property. Borrower sha{1 not do, nor altow anyonc clse to do. anything affecung the : ._.•�.,_--:
<br /> ' ' Property that is in violatian of any Environmental Law. 71te preceding twa sentences shall not apply ta the presence.use, or -r'��
<br /> '..a-:=�.`....
<br /> � �. . .'.:=t; storage on the Property of small quantitiss of Hazardous Substances that are generally reco&nited to be uppropriate to normal ...r w,_-
<br /> residential uses and to maintenance of the Property. �'''����-
<br /> ' � ' Borrower shaU promptly give Lender written notice of any investi�ation,claim,demand, lawsuit ar ather actian by any • r.°+��
<br /> r � • � ,� ovemmental or re ulato a en or rivate involvin the Pro and an Hazardous Sub.rtancc or Environmental law '�`- --
<br /> , g 8 TY S �Y P P�Y S P��Y Y •�.�-
<br /> • • ��',.: of which Borrower has actual knowledge. If Borrawer leams, ar is nou6ed by any govemmental ur regulatory uuthority, that . .'.-,��.::�_
<br /> : • ` ' any removal or other remediation of any F[azardous Substance affecting the Property�s neceti�ary.Bonuwcr shall prumpUy take . .. �s�•
<br /> . ;J��'
<br /> • '• .�•.� all necessary remedial actions in acxordance with Environmental Law. , , ,;;_;r�- -
<br /> ` As used in this paragraph 20. "Hazardous Substances"are those substances defincd as toxir ur h:u.�rdaus subtitances by ..-,-�:-.
<br /> � � • � Environmental Law and the following substances: gasoline, kerosene, other flanimable ur toxic petroleum products, toxic °'�:�€;_
<br /> r>._.
<br /> � ' � pesticides and herbicides,volatile solvents,materials cnntaining asbesta�or fornu►Idahyde.and radiaactive�terials.As used in :.�H��^_
<br /> e•
<br /> • • � this paragraph 20, "Environmental Law" means fcderal laws and laws of thc juritidiction where the Pruperty iti lacated that • .,�-_�
<br /> � relate to health,safety or environmental protectian. °.� • `���.�?:'-:
<br /> � � '� ' NON-UNIFORM COVENANTS.Borrower and Lender further covenant and agrce ay fallaws: �
<br /> 21.Acceleration;Itemedtes.i.ender shall glve nottce to Borrower prior to nccelernUon tolto�vta�BorraweNs breach .''� � , v'-��-:�.:
<br /> ` of any covenant or agreement in this Security instrument (6ut not prior to ucceteration urtde� pura�rnph 17 unl�s .�.
<br /> . � � � applicable taw provtdes otherwise).The not�ce shall specii'y: (a)the default;lb)the actian�equfred to cure the default; - .,�,�
<br /> - (c)a date.not tess than 30 days from the date the nottce is given ta Borrower,by whtch the detautt must be cured;and . ,j�;_,
<br />•� �� � (�tUat failure to cure the default on or before the date specified id the notice may result in uccclernttcw�of the sums .•.r;_�
<br /> .:�. � , � secured by this Security Instcument and sale of the Praperty.The notice shall further inPorm Borrn�rer aY the rigltt to . . :-
<br /> ' reinstate a�ter acceleration and the right to br1n�a court adion to asstrt the non-existence ot o dtfuWt or ony other • �-
<br /> ` defense of Borro�ver to acceteratlon and sale. If the default is not cured on or befure the date�;pecified in the natice, . ___
<br /> ' • Lender,at its opiton,may require immediate payment in[ull uP all sumR Secured by thlv Security lnstrument�vithaut � - _
<br /> � " furthes demand and may invoke the power of sale and any other remgdE�permitted by appltatblc law.l.endcr�hall he
<br /> • ' entitled to coflect all expenses incurred in pursuin�the remedles provtded In thls pAra�raph 21.IncludinA.but not tim[ted , -• _
<br /> to,reasonable attorneys'tees and costs of title evldence. • � •
<br /> � If the po�ver of sale�s invoked,T�v�tee shall record n notice of defautt in each county in�vhtch any part of the • :
<br /> " Property is located and shall mail coptes ot such notice in the mAnner prescribed by appltcuble lu�v to Burrower und to •
<br /> � , � � the other persons prescrtbed by applicable law.Aiter the Nme required by appllcable luw.Trustcc tihall give publlc natice ,
<br /> � oY sale to the penoas and in the manner pr�c�Ibed by appltceble luw.Trustee.without Qemund on I�nrrow�cr.sha8 xetl
<br /> � • � the Property at public auction to the 6i�hest bidder at the time and place and under the terms dcwi�nnted in the notice of
<br /> � � : � sale in ane or more parccts and in any order Trustee determin�. Twstee may postpone tialc of ull��r any pvrrcl��P the
<br /> . Property by public announcement at the Nme and place of any prevlously schedulcvl �ule. I.eudcr or itr dcwi�tee may N . , ,
<br /> ' purchase the Property at any sale. .
<br /> . `�
<br /> ,,• . •
<br /> � � � Form 3028 9/90
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