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<br /> . � : • I6.Bornmer's Copy. Borrower shall 6e givca one conformed copy of thc Note and of this Sccurity InstrumcnG '.� � �< � � ` ��
<br /> � ; 17.TraasPer of the Property or a Betceficial Interest in Borrower. If all or any pan of thc Property or any intcrest in it is t ,.
<br /> sold or uansferrcd(or it a benefic�al inuares[in Borrower is soid or[tansfened and Borrowcr is not a natural pe�son� without � �
<br /> • . , � 5� Le�der's prior wriuen consent,Lcnder may,at ics option,�equire immae�a:e paymcut in full of all Sums secun-�by lhis SeCUrity i � :
<br /> . Instrument.Howeves,this option shall not i�e exercised by Lender if eaeccise is prohibited by fedecal law ac of the clate of thi5 � ` � �
<br /> . . ' t Security Instiwnent d ."•;`<
<br /> • _.-• If I.ender exercises this opdon.Lender shall give Borrower norice of acceteration.The notice shall provide a periad of not less� _ ,
<br /> ` than 30 days fmm the date the notice is delivered or mailed within which Barrower must pay aU sums secured by this Security , �
<br /> , . � . lnsmimenG If Borrower fails w pay ihese swac prinr to the expiration of this period,Lcad�s may invoke any rem�es permiucd� :r -- __-_�-—.
<br /> by this Sccurity Insbmment without funher natice or demand on Borrowra. � 'y . . `" �
<br />- � 18.Borrawer's gight to Relnstate. If Bo:rower meets certain conditions, Borrower shall have the right tn have - -
<br /> enforcement of this Security Instrument diswntinued at any ame prior to the earlier oI (a) 5 days(or such othea periad as ,
<br /> . � applicab2e law may specify for reinstatement)before sale of the Pmperty pursuant w any power of sale contained in this Secvn'ty .
<br /> .'•� an _
<br /> Instrume,�t;or(b)entry of a,judgment enforcing this Seeuriry Inswment Those conditions are that Borrower.(a)pays Lender all
<br /> swns which then would be due under tt�is Security Insuument and ihe Note as if no acceleration had occurred; (b)cures any
<br /> � default of any other covenanu or agrcement�(c)pays all eapenses incurred in cnforc�g tbis Seturity Insuument,including,but ,.;:�.: �.
<br /> . "� not limited w,reasanable auamcys'fces;and(d)takes such acuon as Lender may reasanably reqt�iie w assure tbac the lien of this .. ,��.�,.�.�.
<br /> Security Instrument, Lender's rights in the Property and Borrower's obligarion to pay the sumc secured by this 5ecurity • -• .�•
<br /> � Insuument shall wntinue unchanged. Upon reinstatcment by Borrower, this Security Instrument and the obligations secured . . � '�"`<=
<br />-� .. hereby shall remain fully effective as�f no acceleration had accurred.However,this right to reinstate shall nol .pply in the case of . .`�--��
<br /> •� acceleration under paragrapb 1�. •
<br /> � . 'j 19.SaIe oY Note;Cdange of Loan Senricer. The Note ar a partial interesc in the Note (together witb this Security '���
<br /> ' Inswment)may be sold one or mare times without prior noticc to Borrower.A sale may result in a change in the entity(known � •. �� ��
<br /> " ' � as the"L.oan Servicer")that callect�monthly payments due under the Note and this Secur►ty Insuument The�also may be ane or . �'`•
<br /> , �-. � •:.,.,,• .�;:..,
<br /> more changes of the Loan Servicer unrelated w a sale af the Note.If there is a change of the Loan Servicer,Borrower will be j, �.�.�
<br /> • given wriuen notice of the change in accordance with p�agraph 14 sbove and applicabte iaw.The notice will state the name and , .;:' �•`"_
<br /> , address of the new Loan Servicer and the address to wluch payments should be made.The notice will also contaisi any other � ---, a
<br /> infom�aation required by appGcable law. ' ��. -
<br /> m
<br /> � � " Z0.Hazardous Substances. Borrower shall nac cause or permit the presence, use, disposal. stnrage, or release of any s.:•.�-..::,...:-
<br /> a . -?• -'��-
<br />_ Ha7ardous Substances on or in the Property.Basrower shall not do,nar sUow anyone eLse to do,anything affecting the Property
<br /> �� lhat is in violation of any Eavironmentai Law.The precetling two sentences shall not apply to the piesence,use,or storage on the �`�:�;
<br /> -`i. • . Property of small quantities of Hazardous Substances that are generally rccognized to be appropnate w normal residential nses _ �•__' "'`-•:_�-
<br /> � and to maintenance of thc Propeny.� ��
<br /> ' � Boaower shall prompdy give Lender wriucr► notice of any invesrigation,ctaim,demand, lawsuit or other action by any � ""'
<br /> c�.;
<br /> .� � gavemmemtal or regulatory agency or private party involving tde Property and any Har�rdous Substance or Environmental L.aw ; . t ;_`jr•��.:
<br />:�.�;. , of which Borrower has actuat knowled e.If Borrower leazns.or is noUfied b an govemmental or re utatory auihori t6at any � �!-;4��-=.
<br /> S Y Y S tY, _� :�
<br /> • removal or other remediation of any Ha7ardous Substance affecting the Property�s necessary.Borrowea sha11 pmmptly take all �_�:.
<br /> � ` necessary remedial actions in accordance with Enviconmental Law. ° ��� �.���;
<br /> ` ` As used m th�s paragraph 20,"Hazardaus Substances" are those substanees defined as toaic or harardous substances by ' • ''';�z;:
<br /> :':, . ; Environmeatal Law and the following substances: gasoline, kerosene, other flammab2e or waic petroleum products, toxiC ��r.::;�::';,
<br /> pesticides and herbicides,votatite solvents,matcrials containing asbesws or formaldehyde,and radio�cdve matenals.As used in , -- ` `''�'"'``�
<br /> ..� : :�.;:.� ��
<br /> '.. thu paragraph 20,"Environmental Law"means federal laws and laws af the jurisdiction where the Property is lacated that relate -�•.
<br /> to health.safety or environmental pmtcction. • j°"�`"''
<br /> ..��:-
<br /> � NON-UMFORM COVENANTS.Boaower and Lender funher covenant and agree as follows: _ �'�t'
<br /> 2l.Accefecation;Remedies.Lender shall give nottce to Borruwer prior to accelerattan foilowing Borrower's breach af � . �
<br /> any wvenant os agreement in this Security Instrument (but noi prior to acceleratIon under paragraph 1 7 unless ''•". -�
<br /> ` � . apDlicable taw provides otherwise).The notice shall specify:(a)the default;(b)the acnon required to cu•re the dePault;(c) � j°°•'
<br /> .' a date,not Ies4 than 30 days from the date the notice is given to Borrower,by whicb the defantt must be cured;and(d) •�'"�'`�
<br /> '�` � lhat Pailure to cure the dePautt on or bePore the date specit�ed in the notIce may resalt in acceleratton of the soms secured -_-
<br /> by thLs Secority Instrument and sate of the Property.The nottce shall Purther iaform Borrower of the right to reinstate • ° .,
<br /> - after acceleration and the right to bring a court action to assert the non•existence ot a default or any other defense of �
<br /> Rorrower to acceleration and sate.IP the dePauft is not cured on ar bePore the date speci�ied In the notice,Lender,at its . . . •
<br /> ' � option,may require immedlate payment in fuU of all sums secured by this Security Instrument witdout Purther demand ' � •
<br /> � � and may invoke the power of sale and any other remedIes permitted by applicable law.Lender sba0 be entitied to collect •• , �
<br /> a0 expenses incurred in pursuing the remedIes provided tn this paragraph Zl,including,but not Iimited to,reasonabte �
<br /> ; attorneys'fees and cas�5 of title evldence. �
<br /> '.. IP the power of sate is invoked,Trustee shall record a notice of defau(t in each county in w6ich any part of the , � �.
<br /> PrapeRy is lacated and shall mail copies of sach notice in the manner prescribed by applicable!aw to Borrower and to the . : �.
<br /> ' ' � other persons prescrlbed by appitcabte law.After the time required by appllcabie law,Trustee shall give public notice oP . •
<br /> sate to the persons and in the manRer prescr�bed by appticable ta�v.Trustee,wlthout demand on Borrower,sfiall selt the . '.
<br /> ' � Property at public auctinn tu the highest bidder at the time and place and nnder the terms deslgnated in t6e notice of sale
<br /> t �
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<br /> ! Form 3028 9/90
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