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<br /> • 17. Tr�ansfer of tha Property or a F3eneficla0 Intereat In Borrower. ir uu or any puR ot mo Prooerty or =
<br /> � , any Interost in It is sold or trenslerred (or if a beneficial fnterost In Borrower is sold or iransferred and Borrower is not e nntural
<br /> . � porson) withoui Lendor's prior written consonl. L�nder may,nl its option. requiro unmodinto payment m lull ol nll sums securad by -
<br /> � , this Socurlly hielrument Hoviover. this oppon shpll not be ezercisod by Lender d exorciso is prohibded by �edornl law as ol the
<br /> J dato ol this Socurity Instrumonl �
<br /> I II Londor exarclaes this �ptlon. Lendor shnll flive Borrowor not�co of accelcrntion. Tho notico shull providu a period ol not �
<br /> iless than 30 days Irom the dete the notico is dallvered a mnfled wiihln vrhich Borrower must pny nll sums securod by this -
<br /> Securlty Ins�rumenl. N Borrower lalls to pny ihnso sums ptlor �o tho oxpirntion ol this penad. Lendor mny invoke any ramedfos
<br /> i pormit�ocf by th�s Secudty Instrumont without turther noliCO a demnnd on Dorrowar ,
<br /> 1�3. �OPYOV�OP�:, Rl�ht to W�I�ln�t0. II Borro��+er mcri^• r.rrtnm condihons Borrower sMnll heve the nqhl to have
<br /> entorcement o1 this Socudty Insirumont disconqnued nt nny tlmo pnor to tho enrller ol (a) 5 days (or such other penod us I
<br /> appllceble law may spocNy Ior relnstetement) be(ore sele ot Ih9 Prope.rty pursuant to any powe: of sale contained in this Security '
<br /> Instrumont: or (b) eniry o1 a judgment enforcmg this Secunry Insirument. Thoso condillons nre that Borrower (n) pays l.enJor all �
<br /> sums whfch then would be duo urtder ihls Security Instrument and the Note as i1 no acceleration had occurred. (b) cures any � -
<br /> defaull of any other covenent or agreements: (c) pays all oxpenses incurred in entorcing this Security Instrumenl. mcluding. but I
<br /> not Ilmited to, reasonable ettorneys'fees;and(d) takes such actlon as Lender mey reasonably require to assure that tho lien ol .
<br /> this Security Instrument. Lender's rights In lhe Property end Borrower's obligation to pay Ihe sums secured by this Security � ,.
<br /> � Instrumont shall continue unchanged. Upon relnstetement by Borrowar, this Secunry Insirument and the obligations secured
<br /> � hereby shall remain(ully eflective as ii no acceleration had occurred. However. this ric�ht to refnstute shall not apply in the case • _
<br /> _ 01 acceleretion under paragraph 17.
<br /> 19. Sale of Note; Change of Loen 5ervicer. The Note or a A partlal interest In che Noie (together with thls
<br /> Secudry Instrument)may be sold one or more times without prior notice to Borrower.A sale mny result In a chanpe in the entfty -
<br /> (known as the'Lonn Servicer")thet collects monthly payments due under the Note and this Secudry Insirument. There also may •-�-�
<br /> be one or more changes of lhe Loan Servicer unrelated lo a sale ol the Note. If there Is a chango ol the Lonn Servieer, ��'��
<br /> . A,.,t..
<br /> � Borrower will be gNen wdtten notice ot ihe changa in accordance wilh paragraph 14 above nnd applicable law. The notice wlll :�.
<br /> state ihe name and address of ihe new Loan Servicer and Ihe address to whlch payments should be made. The notice will also •
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<br /> I contain any other fnfortnetion requlred by applicable law. � . °j"-
<br /> 20. Hazardous SUbstaIlC�S.Bortower shall nol cause or permft the prosence, use, dispasal, storage, or release of �: .:^�; ,�
<br /> any Hazardous Substances on or In the Property. Borrov�er shall not do,nor allow anyone else to do, anything aftecting the � ��`
<br /> Property that is In vlolation of any Environmental Law. The preceding two sentences shall not apply to the presence, use, or ��
<br /> � stcrage on the Property o( small quantitles of Hezerdous Substences that are generally recognized to be appropriete to normal
<br /> . ; resldential uses end to meintenance of ihe Property. �
<br /> Bonower shell promptly give Lender wrltten notice ot any investigation, claim, demand, iawsuit or other action by any �, ,����
<br /> � govemmentel or regulatory agency or ptivate party involving the Property and any Hazardous Substence or Envlronmentai Law of �
<br /> whlch Borrower has actual knowledge. If Borrower leams, or Is notified by any governme�ital or regulatory authority, ihat any � .,,-� ,
<br /> removai Of OthB� remedlatlon Ol 9I1�/ F1H28ftl0U3 JUDSIafIGB aiieciing rroperiy IS I1tlGtfya6�y, ���ivdvai `aiirii �iiOTiF„y iwnt+ 8�: = 7r,�
<br /> necassary remedlal ections in accordance wfth Environmemel Law. , ��
<br /> As used In thls paregraph 20, "Hazardous Substances' are those substances defined as toxlc or hazardous substences by .. ;�: �� •
<br /> Environmental Law and the following substances: gasolfne, kerosene, other flammable or toxic petroleum products, toxic �
<br /> pesticides end herblcldes,volsUle solvents, materials contalning asbestos or formaldehyde, and radioactive materiels. As used In ••. < ��
<br /> paragraph 20, "Envlronmental Law' means federal laws and laws of the Jurisdictlon where the Property Is located that relatQ to • �
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<br /> health, safety or environmental protectlon. '. -� ��t
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<br /> NON-UNIFORM COVENAN7S. Bortower end Lender tudher covenant and agree as follows: '
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<br /> � 21. Acceleration; Remodles. Lender shall give noilce to Borrower prior to accAloration �:.fA �
<br /> following Borrower's breach of any covonant or agreement in this Security Instrument (but not .Qy��;,,-,. ___
<br /> • prior to acceleretion under paragraph 17 unless applicable law prov(des otherwise). The notice ;���" .�
<br /> shall specify: (a) the default: (b) the action required to cure the default; (c) a date, not less than ��;��;:, ��
<br /> 30 days from th� date the notice is given to Borrower. by which the default muet be cured; and '-`�' �,.-
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<br /> (d) that faflure tc� cure tho default pn or before the date specified In the notica may result in ,�.}� ,-_
<br /> aaceleratlon of the eums secured by this Secu�ity Inatrument and sale of the Property. The notioe ��,-�--t.-
<br /> � ahall further Inform �orrower of the right to relnstate after acceleration and the right to bring a '�'':�F� °��—
<br /> � court action to assert the non-existence of a default or any other defense of Borrower tu •`'�: .;t
<br /> acceleratlon and sele. If the default is not cured on or before the date specified in .ho natice, �4• ''r��y�
<br /> � Lender at its option may requlre Immedlate payment In full of all sums seGUred by this Securfty .'�'�;:��,p�_',��•
<br /> � ' Instrwnent without further demand and may invoke the power of sale end eny other remedies ''-.��
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<br /> ' permitted by appllcable law. Lender shall be entttled to callect all expenae� Incurred In pursufng :�����: °, �
<br /> the remedies provided In this paragraph 21, Including, but not Iimited to, reasanable attarneys' "
<br /> feea and costs of tftie evidence. �
<br /> If the power of sale is invoked, Trustee shall record a not3ce of defauft in each county in
<br />- which any part of the Property la Iocated and shatl mall coples of such notice in the manner
<br /> prescrfbed by applicable law to Borrower and to the other persor+s prescribed by appUcable law. � .,
<br /> After the time required by applicable law. Trustee shall give public notice of sale to the persons
<br />- and In tho manner prascribed by applicable law. Trustee, without demand on Borrower, shall sell
<br />- the Property at public auction to the highe�t bidder at the time and place and under the terms
<br /> dnalgnated in the notfcv of sale in one or more percols and In any ordAr Yrustee determines.
<br /> - Trustee may postpane sale of all or any parcel of the Property by public announcement at the
<br />� time and place of any prevlously schedulxd sele. Lender or its designee may purchase the
<br />� ' Property at any sale.
<br />- � Upon receipt of payment of the price bid, Tru3tee ahall deliver to the purchase� Trustee's
<br /> . T.. J__J _L��� L� .�J� L�t� .I.J� wt
<br /> , - �eeci conveying ine �roperiy.i�ie rnaii8io iu ii�n ��iioisaao aaoo., a��a�� vo �,.....a �11V�0 0:...0::.0 ... �--_-= �_=
<br /> tho truth of the statements made therein. Trustee shall apply the proceeds of the sale in tho
<br /> following order: (a) to all costs and expenaes of exerclsing the power of sale, and the sale,
<br /> includfng the pa�ment of the Trustoe's fees actually incurred, not to exceed three
<br /> % of the princfpal amount of the
<br /> note at the time of the declaraRion of default. and reasonable attorney's fees as permi4ted by law; l
<br /> � (b) to all sums secured by this Security I�etrument; and (c) any excess to the person or persons I
<br /> , legally entitled to it.
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