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<br /> _ � �. . 16.Borrower's Copy. Bonowcr shall bc given onc confotmed copy of ihc Note and of this Secutity Instrument. � .. � ��.....
<br /> � 17.Transfer of ttie ProPertY or a Sea�cial Interest in Borrower. If all or any pan of the Froperty or any interest in it is . .
<br /> �old or p'ansfcrred(or if a beneficial interest in Barrowe�is sold or uansfcrred and Bocmwer is noi a natuial pe�san)�without � .
<br /> 'n
<br /> Lcndcr's prior written consent,Lender may.at its option,require immediatc PaYment in Cull of all surns secured bq this Secunty , .
<br /> � � (nstrumcnt Howcver,this option shaU not bc exe��ed by L.ender if excrcise is pralubitcd by federal 1aw as of the date of this _; _
<br /> -_= - - �"-_ __-
<br /> Security Insaumen� -- - ,. .,
<br /> If Lender ea�ercisscs lhis option.L.ender sball give BoROwer notice of acceleration.'Ilie notice shall provide a period of aot tess .:
<br /> ci ail susns secured by this Security
<br /> � than 30 days from the date the notice is deGvered or mailed within wluch Boaower must pay :• .�„ .
<br /> Insuument I[Bormwcr faiLs to pay thcsc sums prior tn the expiiation of this period,L.eader may invoke any r�medies permiued �� . _-
<br /> ' � by this 5er�uity Instrumem without further notice or demand on Borrower. . � •
<br /> • - I8.Borrower's Right to Reinst$te. If Borrowcr meets certain conditioas, Borrowcr shal! have the right to have
<br /> �� ' enforcement of this Secunty Insavment discontinued at anY time prior to the rarlier of: (a} S day� (ar such other period as • ,.�- .•,��•-
<br /> . . applicable!aw maY specifY for reinstatement)before sale oi tfte PraP�Y P�aIIt tn any power of sale contained in this Secunry '�,>l`-��"-
<br /> . . . Iustnunenfi or(b)entry of a,{udgmenl enforcing this 5ecurity Insuumea�'Ihose conditioas arc thai Borrower:(a)PaYs Lender all . -.,`f .
<br /> �. sums wlucb Ihen would be due under this Security Tnsmunent aad the Note as if no acceleratioa had accurred; @) cures anY , '�;_:_"
<br /> � default of any ottter covenants or agrcements:(c)PaYs all eacpenses incu�red in enforcing this Security Insuument,inctuding,but ..,,:,��
<br /> � � not limited to.ceasonablc attomeys'fecs;and(d)takcs such action as Lendcr may reasonably require to assure thai ths lien of ihis �__
<br /> ' � ' Se�uity Insuument, Lender's rights in the Properiy and Borrower's ab6gatian tn pay ihe sums secured by this Securiry ._-
<br /> ' � � ;� Inswment shaU continue unchanged. Upon reinstatement by Borrower,this Stxurity Insuument and tAe obligations secuned , :��.,�-_
<br /> : = hereby shall remain fuliY effective as if no acceleration had occuned However,this right to rcinstate shsill not apply in the case of : �. _
<br /> s ll �:�.`
<br /> . acceleradon under paragraph 17. ' :::;.
<br /> � 14.Sate of Note;Chaage of Loan Servicer. The Nate or a partial intctest in �he Notc (cogcther with this SecuritY • , ,••
<br /> � � � � instrument)may be sold one or mare times a►ithout prior noflce to Honower.A sate may result in a change in the entity(kc►own ;�.�;�_..�-�.
<br /> • - as the"Loan Si;rvicer")that coUecis monthly paymeAts due under the Note and this Secunty Instrumen�'I7�ere also may be one or _,_
<br /> - - more changes of the Loan Servicer unrelau�ta a sale of the Note.If ikere is a c�ble law.The o���staie ths enarae and . ��
<br /> . . li ��`��^i
<br /> given written notice of[he change in accordance with paragraPh 14 above and app �. . ���'
<br /> � addres.c of the new Loan Servicer and the address co which paymeats shoutd be mad�.'�e aorice will also contain any other • . ��.,.,,,T
<br /> ° � . inforrnation requircd bY aPPUcahte law. '�. .�� °�
<br /> stoia e. or release of any
<br /> � Z(1.Ha�ardous Substances. Horrower shall not cause or pem�it the presence. use. ditiFosal. � ` �"� =
<br /> He7ardous Substances on or in the PropertY•Bonower shall not do.nor allow anyone else to do,anything affexting t1i�P�'flP�Y . ,,,.� �,�•��.
<br /> �� ' • [hat is in violation of any Environmentall-aw•'I'he P�cxcding nvo sentences shall not apply w ihc gresencx,ase,os storage on the .. .-��-
<br /> ,:• Propetty of small quantitics of Flazardous Substances that are generally recognized W be appropriate w normat residcnual nses .. c;�,�.
<br /> and to mauitenancc of thc Pmperty. • ��.`�.,.�°`
<br /> �. .• Borrower shall prompdy give Lender wriuen norice of any investigation,cta9m,demand, lawsuit or other action by any �_
<br /> � • govemmental or regulatory agency or private parcy involving the Property and aay Hazardous Substance or Environmental l.aw �,..�.,
<br /> ovemmental or regulatary ai►thority.that any ' ''a
<br /> � ot which Harrower has actval knowtedge.It Borrower Ieams,or is noutied by any g ` ��-:;•:
<br /> removal or other rcmediation of any Hazardous Substance affccting the PropertY�necessarY.Borrower shall promptly talce all �;F:�-..
<br /> � � necessary remedial.actions in a�cardance with Environmentallaw• • "��.;�e:,
<br /> � � ., _ pg �� in �u paragraph Z0, "Ha•r.ardous Substanccs" are thosc substances dcfmcd as toxic or hazardous substanccs by � _�.�,,..•:;;
<br /> Environmental Law and the follow�ng substances: ga�aline, kerosene, other flammable or toxic petroleum products, [flxic ; . y:;;�=
<br /> pcsticides and herbicidcs.volatile solvents,matcrials con[ainmg asbestos or formaldehyde,and radioacuve materials.As used in ; �.. .
<br /> ihis paragraph 20,"Environmcntal Law" mcans federal laws and laws of the jurisdicdon where the Property is lacaled that relate ���-�
<br /> •� •• to health.safety or environmental protecaon. . :,..;:..-_,-
<br /> , , .-T��!=••..
<br /> 1VON-UNIFORM COVENAI\'':'5•Bonowcr and Lcnder further covenant and agrce as follows: � � �
<br /> � 21.Acceteration;Remedles.Lender shall give notice to Borrower prior to acceleratiun foUowing Bor�ower's breacb oi ,� • ' •"�.�`
<br /> any covenant or agreement in tbis Security Instrumeat (but nat pr�or to acceteratIon under paragraph 17 untess ' �-. . � ....�
<br /> ` � • applicable!aw provides otherwLse).The notice shall specify:(a)the deYsutt;(b)the action reguired to cure the detautt;(c) . -�_
<br /> . '-.'_
<br /> a date,not tess than 3U days from the daie the natice is given to Borrower.by which the defa�clt must be cured;and(d) ���- '
<br /> that Pailure to cure the defautt on or 5efore the date speciPed in tbe nottce may result in scceteratton of the sums secured ; .
<br /> � ' by thts Security Instrument and snie of the Properly.The notice shaU Purther inPorm liorrower of the right to reinstat2 :
<br /> ` � � after acceleration and the ri�ht to bring a court actton to assert the noa�existence of a detault or any other defense of . . . � f
<br /> ' � 13arrowe�to acceteratiun and sale.lf the desauit is not cured on or 6efore the date specifled in the notice,Lender,at its � . .
<br /> ' opiton.may require immediate payment in Pu91 of all sums secured by this 5ecurlty Instrument w i t hoa t Pu r t h e r d e m a n d �. .
<br /> . ' and may invoke the power aP sale and any other remedies permitted by appfIcabte taw.Lender shat!be entitted to callect �� •
<br /> • aD expenses incurred in pursuing the remedies provided in this paragrapb 2l.includin�,but not limited to, res�sonabte
<br /> ::; �, attorneys'tees and cosxs oP titte evidence.
<br /> � If the po�ver of sate is invoked, Trustee shall record a notice of default in each county in whtch any paR of the
<br />_ Property is located and shali mail cupies of sucb noitce in the manner prescribed by applicabte law to Bonower and to the
<br /> `. • uifier penons prescribed by appltrabte law.Aster the time required by appitcable law,'frustee shall give pubite notice of , . .
<br /> . sate to the persuns and in the manner prescribed by appltcable law.Trustee,withuut demand on Borrower,shall sell the
<br /> �• Property at public auctinn to the hi�hest bidder at the time artd pluce and under the terms dest�nated in the notice of sale , .
<br /> •- Form 3dT8 9190 � . •
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