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<br /> • � 11.Transfer of the Propesty or a Bw�cisi�aterest In Borrower.If all or aay part of[he Property or any interest i�it
<br /> ��< . is sold or transferred(or if a beneficial interest in Borrower is sotd or transferred ancl Borrower is not a natural person)withoat '�<__ „',_.�-• ��
<br /> � �' � Lencier's prior written wnsent, Lender may. at its option, require immediate payment in full of all sums secured by this� • :-�`.
<br /> � `, < � ' ' Securiry Instrument.However,this optian shall not be exercise�by ixnder if exercise is prahibited by federst la�v as of the date � �- . ``� �`--
<br /> `' �•-" of this Security Instrument. `
<br /> c�� ( ..
<br /> �� �.� If Lender eacercises this option.Lender shall give Borrower notice of acceterarion.The notice shall provide a period of nnt
<br /> • � �`'�`-'�-" less than 30 days from the date the notice u delivered or inailed within which Boirower m�st pay all sums secured by this � ._� _
<br /> � � ° � . ., � Secvri ry instrument.If Bom[iwer fails to pay these sums prior to the expiration of this period,Lender may invoke any mmedies G• 4� ,>. `
<br />';, �;- , pem�itted by this Secvrity[nswment without further nouce or demand on Borrower. r` :
<br /> �- � 18. Borrowe�'s Rtg6t to ReinsTate. If Rorrower meets certain conditions. Borrower shall have the right ta have ,
<br /> ` � � enfar+cemem of this Security Insuument discontinued at any time prior to the eazlier of: (a)5 days (or sach o[her period as :.,;i , : �
<br /> � ` applicable law may specify far reinstatement) before sale of the Properry pursuant to any power of sale rnntained in this �
<br /> `" � Security instrament:or(b)entry of a jndgmeat enforcing this Securiry[csstrument.Those condirions are that Borrower.(a)pays _ ___.
<br /> � � Lender all snms which ihen would be dtte under this Secnrity Instrument an d t he No t e as i f no a c c e l e r a t i o n h a d o c c u r r e d:(b) -�-_
<br /> � ` cures any defauft of any oiher covenanis or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, ,.,��Cw. .��.�
<br /> ' includiag,but not limited to,reasonable attorneys'fces:and(d)takes such action as Lender may reasonably reqwre to assure ,
<br /> - that the lien of this Sec�mty Instsument, Leader's rights in the Praperty and Borrower's obligadon to pay the sums secured by '_ ; ��_ �- �
<br /> " e .
<br /> ' • this Seturity Instrument shaU caniinue unchanged. Upon reinstatement by Borrower. this Security lastrument and the r, ` .., ,�•.;_:.n-_�_
<br /> _ ° `(�F obligapons secured here6y shall remain fuliy Effective as�f no accelerarion i�ad accurred.However.this right to reinstate shall �; '
<br /> � - � ' "�': not apply in the case af aa:etention under paragraph 17. • ; - >
<br /> _ 19. Sale of Note; Change of I.oan Servlcer. The Note or a partia! inteaest in the Note (together with this 3ecvrity �'' :'- ` __
<br /> ` ..�;;' Instrument)may bs sold one or more times without Prior nouce to Borrower.A sale may result in a change in the entity(knoam , �, : '�:i,�
<br /> , ',�:�. as ihe•Loan Serv`tcer")that coliects monthly paymeats due under the Note and this Security Instrument.There also may be one ; �-
<br /> --��-� � --_�=- or mace changes of the Lo�n Servicer unrelated to a sale of the Note.If there is a change of the Loan Sen+icer. Borrower wilt be � ___-
<br />•� ' given written nodce of the change in accordance with paragraph l4 above and applicable law.The notice will state the name and „`;'' �� :���`
<br /> � address of the new Loan Servicer and the address to which payments shoutd be made. The notice will also contain any other . � ._, .�,•�:,;--_
<br /> � r ��.� informauon reyuired by applicabie law.
<br /> �. �
<br /> � � 20. Haaardous Sub.stauoes. Borrower shall not rause or permit the presence, use.disposal, storage. or retease of a*3y � . ��:,_',�:�*�
<br /> -_ '"� Hazardous Substances on or ia the Property. Borrower shall not da. nor allow anyone else to do, anything affecting tae �--��-=;
<br /> , ' �• . • : . Properry that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence,use,or � ' �=�_
<br /> � storage on the Properry of small quantities of Ha7ardous Substances that are generally recognized to be appropriate to narmal •� ,__-
<br /> � • residential uses and to maintenance of the Property. ` `�� �=�"',
<br /> - ` Borrower shall promptiy give Lender written notice of any investigaaon.claim. demand.lawsuit or otlter action by any "� .ti'=-�'
<br /> . -�- goveramental or regulatory agency or private pacty invoiving the Property and any Hazardous Substance or Bnvironmental Law -;:--
<br /> ' of wfiich Borrower has actual kaowledge. If Borrower leams,or is notified by any govemmental or regulatory authority, that ..____
<br /> any removal or other remediation of any Hazardous Substance affecdng the Property is necessary.Borrower shall promptly tzT� • '-`�"'
<br /> .. all necessary remediai actio:�s in accordance with Environmental Law. , `:..�
<br /> ,{_� ', '. . As used in this paia�aph 20. "I-Iazardous Substances" are those substances defined as toxic or har,�rdous substances by _ , _
<br /> "•��: '. ' � Environmental Law and the following substances: gasoline, kerosene, other i9ammable or toxic petroleum products. toxic , `.;_`
<br /> ~ � . pesticides and herbicides.volatile solvents,materiais wntaining asbestos or formaldehyde.and radioactive matenais.As used in `�-�=_°
<br /> , • this paragraph 20. "Environmental Law" means federal laws and laws of ihe jurisdictian where the Property is located that � :,.:���
<br /> " . relate to health,safety or environmenta!protection. � ---'T'-
<br /> • � � NON-UMFORM COVENANTS.Borrower and l.ender further wvenant and agree as foltows: �. , ' ``�c-�:-
<br />, �,�. . ` _ - . 21. Acceleratton;RemedIes.Lender shall give notice to Borro�ver prlor to acceleration following Borrower's breach -
<br /> • , of anq covenant or agreement ia thLs Secarity Instnunent (bat not prior to acceleration under paragrnph 17 unless . _ � _
<br />. . � appficab�e[aw provides otlterwfise).The notice shall specUy: (a)the default; �b)the aMton reqnired to cure the defaulh. •.;. _
<br /> � � (c) a date,not lesg t6an 30 days from tde date the notioe Is given to Borrower,by whlch the defaul!mast be cured;and :
<br /> °° ' (d) tNat failure to cum the default on or before the date specitied in the notice may result in acceteration of the sums ����` r-. .�
<br /> �-�� � � secured fsy thls Securlty Instrument and sale of the Praperty. The nottce shall further inform Boerower of the right to "� �'•�: - '- '
<br /> ; - — ` �einstate after acceleration and the rigt�t to br�ng a court actioa to as�ert the uo�-cxistcacc of a defAOit oe s�ny other = ,�,�
<br /> �? defease oY Borrower to acceteratlon and sale. If the default is noi cured on or before t6e date specifled in t8e not4ce, , , ,�
<br /> • ' .�{ 'l.ender, at itg opt�on,may reqat�e immediate payment in full of all sums secured by tt�s Security Insttvment R�Ithout � �. '.__
<br /> � • r further deanand and may inroke the po�ver of sale and any other remedies permitted by aFplicable Iaw. Lendee shall be ,.
<br /> � ' '� entitlecl to callect all expenses incurred in pursuing the�semedies provided in this paragraph Zl,includlr►g,but not timited .
<br /> � � � to, rea5onable attorneys'fees and costs of title evidease. ' • �
<br /> '. � '��• If the p��ver of sa[e is invoked, TnLStee shaID record a notice of default in each wunty in which any patt of the ' . .
<br /> � •f Property ls tacated and shuli mail coples o8 sucb notice in the manner presc�tbed by applica6le taw to Borrower and to ..
<br /> • � . �. the other persong prescribed by applicable law.Af'ter the time required by applicable la�v.Trustee shail�ive publle noitce • �
<br /> . . � of sale to tbe persons and in the manner prescribed by appllcable law.Tntstee,wilhoui dQmand on Borsower,shall sell
<br /> ' � the Aroperty at public auction to the highest bldder at the time aad place and under the terms deslpnated in the nottce of • . •
<br /> . � sale in one or more parcels and in any order Trustee detcrmines.Trustee�aay postpone sale oi uU or any parcel of the ,-
<br /> . � Property by pubUc announcement at the time and place of any previously scheduied sate. Lender or its d�ignee may
<br /> . purchase the Property at anY sale. , . .
<br /> _. ' �. • . ..�
<br /> ' form 3028 9i90 '�
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