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<br /> � � 16.Borrower's Co�y. Borrower shall be gieea one conf�mmed cvpy of the Note and of this Security Inswmen�. . ,
<br /> • 17.Te�ader ot the Property or a Beneticial Interes�in Borfawer. If a11 or aay pazt of the Propaty or any intesest in it is . .
<br /> ' sold or aansfe�red�or if a bateCicial intaest in Bonower is sold or uansferred aad Borrow�is nat a natural persoa)without � .
<br /> - ' • ` • Lender's prior wriuen consent,Let�der may,at its a�tion,resluire immediat,e paYment ia full of all sums secuted by this Scxurity .
<br /> �`� � ? InsGrume�nt However,this option shall aot be eaercised by I.ender if eaer�ise is pmh��red by federallaw as of the date of this s .._•�� ,
<br /> �:. . . .
<br /> -, , - � geWrity Insuu�aent �
<br />'°4 , If Leader exe.rcises this option,Leuda shall�ve Borrower norice of accelaatioa'Ree notice shall pmvide a period of not Iess
<br /> � ,: < .- j than 30 days from the dats the no�ce�s delivered or maited withiu wfricd Borrower must pay all swns secured by ttus Sea�rity _ , ,
<br /> -`1- . - - �-- - ,� Tnctn�ment If B0IIOWC�I21LS[O p'dy tI1CSC SIIIDS QIIOI tD tI1C Cl(�II3IlOA Of tG1S QC[10A,LCR�ID3y IIIVOYC aIly iCIAC(IleS pCtalli� . . '`
<br /> _ ! by this SeaIIity Ins�rumeat wilhout furthea notice or demand on Boaawer. .��:�.=---;.L. _
<br /> t, 18.Bosrower's Rig6t w Reinstate. If Borrowea meets ce� coadirions. Bonower shali dave the right to have .�. _,.
<br /> �-: � e n forcemeat o f U u s Security I a s u v m e�t d i s c o n t i n u e d a t a n y t i m e p r i n r t o t h e eartier of: (a)5 da ys(or such other periad as .
<br />_°'' .� appticable law may specify for�t)6efore s a l e o f t 3�e P r opertY P�t��'P o w e r of sale conrained in this Seauuy . . '
<br /> ry�°'-`� • Insaumen�or(b)entry of a judgment enfon�g tbis Security Insocument'tlwse conditions are that Baaowea:(a)PaYs I.euder ali -
<br /> -�, . sums w6ich then woutd 6e dne�mder tWs Sec�uiiy Insuament and the Note as if ao acceleaalion had ocx�med;(b)c�res anY �` `-` �
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<br /> ' def�ilt of aay oth�covenant�or agreemeat�(c)PaYs all exPenses mciured in enfonting this Secvrity Instrume�►b including,but
<br /> 'F not lunited tn,reasonable attome5!s'fces;and(�Eakes sach acaon as Lxader may teasonabiy requae to assnre that the lien of this , ��,:' .
<br /> �5 '' � Security Tnsuument, Lender's nghts � the Property and Boauwer's obligation to pay the sums sec�ued by this Se�rity . .-r�;:`.,:
<br />_-` . , I�ument shall contwue unc6anged. Upon reinstatement bY Bonower,t6is Searriry Iasuumwt and the obligahons sec�ued y . t.�.,.:;�.-..
<br /> � ' hereby sdall remain fully effective as if no a�cele�asion had occ�rred-However.this right to reins�re shall not apply w the c�se of ., :,� .
<br /> %��-._ � � accele7aaon underpaiag�aph 17. ,�`� .
<br /> g ap mterest in the Note (togeiher with ihis Security `�
<br /> 19.Sale ot Note;Change of i.oan Servicer. The Note or a partial '
<br /> _�'� insuument)may be so2d one or mare times without prior notice to Brnrower.A sale may result in a cl�ge in the enpty(lmown ' • ��=
<br /> .+, . as the"L,o�Serncer")t6at coltects monthlY PaYmettts due imder the Note and this Secariiy Instrument There also may be one or .
<br /> s� � l more cdanges of the Loan Serncer unretated to a sale of the Note.If theae is a c6aage of the Loan Servicer,Botrower anU be �. ;,=��,
<br /> x� ".1 an ��-_
<br /> �,� gnren wriuen nouce of the change in aocordance with para�raph 14 above��be made.The nouce�wiU atso cantazn any other j �-
<br /> -.� address of the new I.oan Se�vives aad the address to wluch payments , 3�` rY�
<br />=�� : � mfarmauon required by applicable law. —
<br /> .y `. '�' 2p.Haz�rdous Substances. Barrower shall not c�se or pe�nit the presence, use, disPosal. stora8e.m release of any
<br /> .,�' � ' Ha�cdous Substances on or in the Property.Bormwer shall not da;nor allow anyone eLse to do,anyth6mg affe�ting the Pcopeaty . j .,..1
<br /> . , � that is in violation of��+F�vironmeatal Law.'Ibe pr�cedmg two sentences sha11 aot apply to the presence.use,or sroiaSe on the �
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<br />=i�. � �",�� Property of smaU quannnes of Hazardous Substanc�s that are generally�cogaized to be apgropnate w nom�at reside�tial�ses ..
<br /> and w maintenawce oP the Property. �.� � �
<br /> t ve Lender wriueu notice of any investigarion,claim, demand,lawsuit or ottcer aqion by aay „l' ��._j
<br /> � Sotrowea si�all promptly gi
<br /> ��,,,,� govemmental or regWatrnYagenaS+or t�+�P�'iavoiving the Propeaty and any Hazardous Substance or Environmentat Law '• ;' : �s- �„�
<br /> ' of wfricd Barrower has actual lmowledSe.If Bormwer learn&or is nopfied by any governn�ental or regutawry suthority,that any � ''f:`"`
<br /> P, P�Y Borrower shall m take all •��i;:•.��`-
<br /> removal or other reme�liation of any Ha7ardous Substance affectm the Pro �s necessarY, Pm PuY , _,;�.-yy
<br /> ';••; ' ne�essary remedial actions in accordance with Envuonmeatal Law. , �
<br /> � As used in this D�B�Ph�, "�dons Substances" are those su6stances defined as wxic or hazardous sabsrances by :''� �'T"•
<br /> Envimnmental Ls►w and the foltowing substances: gasoline, kerosene, other flammable or wxic peuolcum pmducts, toxic �.'::•r�;:_
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<br /> . -:, ' pesdcides and herbicides,vo�atile solvents,maierials wntaining asbestos or formaldehyde.and radioac6ve mausriats.As used in ..°:�--
<br /> _ � �his paragrdph Zp�°Environ�nental law"means federal laws and iaws of ihe jurisdiction where the Property is located that relate
<br /> to health,safery or environmentai pmtection.
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<br /> � NOIV-UN�O1tM COVENANTS.Borrower and Lendar fiuther vovenaAt and agree as fouows: . � . .:°_
<br />:� �,:.� . Zl.Accelerattoa;RemedIea Lender s6a0 gtve not[ce to Borro�ver prior to acceteratton foIIowing 8orrower's breach ot � � �:'°_�
<br /> � � ' any covenant or agreement in this S¢carity Iasdvment (but not pr�or to acceleratioa onder paragrapb 17 untess ;"K:=''
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<br /> � . . appt�cs6te law provides otherwise).The notice sdaU specify:(a)We defauIt;(b)the actton reqnired to aue the defanit;(c) • • _..�.�_
<br /> a date,not les9 than 30 days fsom the date the nottce is given to Borrower,by w6ic6 the default must be cured;and(d) .. :;t� ;:
<br /> =:-,° ' � that fallare to care the detaaft on or 6etore the date sp�ed iu the nottce may resWt bo acce2eration oY t�e sams seciw'ed : . ,: ,-
<br /> ' by thi�Security Instrameat and sale of the Property.The notice shaU lurther inform Sorrower ot the sight to reinstate •
<br /> �;;:; aftes acce[eration and the right to bring a coart actton to assert t6e non-existence of a default or any other defease of .
<br /> � . '' Bnrrower to scceleration and sale.U the dePaWt is noi cured on or before the date speclfied in the notice,Lender,at Ns
<br />��`� • � . . optton,may require immediate payment in fuU of all sams secared by this Security Instramen3 witEiont turQher demand . .
<br /> `.� � and may invofae the power of sale and any other remedies permitted 6y appltcab2e law.Lender shall bx euti9�ed to coU¢ct ••
<br /> . ' ` ' aU expenses iacurred 1n parsoing 41se remedtes provided in this paragrapb Zl,including,bnt not limited to,reasonabte . ' �
<br /> � attoraeys'teea and costs oY ttUe evidence. �
<br /> • � IP the power ot sate is involsed,TrustPe shaU recard a notice ot detaah in each connty in whicb aoy part o!We
<br /> � � Property is tocated and s�a0 mail copies oY such notice in the manner pnescrWed by appUcnbte Taw to Borrawer and to the , ,.
<br /> �i. other persoas prescribed by appllcaDte taw.After the time required by appitcable taw,Trnst¢e sLa6�give pablic Qotice oY
<br /> -• ,' safe to the persons and in the manner prescribed by applicable law.Trustce,wlthout demand oa�orrower,s6aU seU the • _.
<br /> ' . Property at puDUc auctFon to t6e highest btdder at the time aQd place and under the terms designated in t6e notice ot sale :
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<br /> I Form 5048 9/90
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