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<br /> 9�.0 �.U16��: ; . •. � ��-_
<br /> 17.Transfer of the Property or a Benefieial Interest in Borrow�er. If:ill ur an�'part uf the�roperty or any interest in it < �. ��
<br /> is sold or tran.ferred ior if a beneficial intere,t in Burrower is sold or tran�ferreYl and Borrow•er is not a natural penvn)u�ith.�ut .
<br /> Lender'+ prior written cument. Lander may. at its option, reyu�re immcxliacr payment in full of:ill ,ums +ecured by This -- • �s'--
<br /> Securiry Instrument. However.thi�option shall not be exercised by Lxnder if exerci�e i,prahibiteci by federal 13��:u of the date f _ ��.
<br /> � of thi.Security Instrument. '
<br /> If Lender exercises this apt�on. I.ender tihall gice Borroue�notice of scceleratic�n.The notice tihall provide a period oF r�ot ,` . . � r;:
<br /> less than 30 day> from the date the notire i,delivered or m:iiled within whirh &�rruwer ma+t pay� :ill �ums se�vmd by this „ _
<br /> • Securit} Instrument. If Barrower fails to pay these surns prior to the expiration of thi,period. Lender may invoke any remc�iies .
<br /> permitted by this Se�:uri[}•Instrument withaut furrher notice or demand on B��rrower. , '
<br /> 18. Borrower's Right to Yteinstate. If Borrower mcets certain runditiom. Bormwer shall have the right to heve _ ' _�,:_
<br /> -' T"_,'.�- _
<br /> enfurcrment of this Security Instrument discontinued at dny t�me prior to the e�arlier ot`. la� 5 day+ cor +uch other penod as , _
<br /> applicable law may specify for reinstatement) befare sale of the Propeny punuant tc� any power oC,ale containrxi in this , , ,,�J�
<br /> Security Instrumenr,or(b)entry of a judgment e�forcing this Security Instrument.Tho�e conditions are that Borrower. (a)pays �
<br /> Lender all sur►u which then would be due under this Security Instrument and the Note a� if no accelera[ion had occurred:Ib1 : � .
<br /> % cures eny default ot'any other covenantc or agreements: Ic) pays all expenses incurred in enforcing this Securiry lnstrument. . . . ,___
<br /> including,but not limited to, rr.uonable attomeys' fee�: and(d)takes such action as Lender may reasonably require to assure .r ,�i i;,
<br /> that the lien of this Security Instrument. Lender's rights in the Property and Borrower's obligation to pay the sunu secured b} ,. �. . , _ _
<br /> this Security liutrument shall continuz unchanged. Upon reinstatement by Borrower, this Security Instrument and the _
<br /> obligations secured hereby shall remain fully effective as�f no acceleration had«:curred. However,this right to reinstate shall . T=.��
<br /> not apply in the case of acceleration under paragraph 17. . _ _�_.
<br /> - 19. Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security � w�
<br /> Instrument)may be sold one or more t::nes without prior notice to Borrower. A sale may result in a change in the entity lknown .: k���_�i__�
<br /> " as the"L,oan Servicer"1 that collects m�ath ly pay m e n t s d u e u n d e r t h e N o t e a n d t h i s S e c u n t y I n�:�u m e n t.T here also ma y be one ',���_��-�
<br /> or more changes af the Loan Servicer unrelated to a sale of the Note. If there is a change of the l.oan Servicer. Borrower will be � �_4 ,:"!�:�.,;,__-
<br /> . � .�
<br /> �iven written notice of t!:change in accordance with paragraph 14 above and applicable law.The notice w�z�i�tate the name and , . .
<br /> `, '.l#,,.,,Y4,. �
<br /> address of the new Loa�Servicer and the addre�s to which payments should bt rzade. The notice will abo .untain any other �.•�, �
<br /> information required by applipble law. - �. . "�� ��
<br /> r.. �S_�
<br /> � 24�. �iazardous Substances. Borrower shall not c:ause or permit the presence. use. disposal. storage. ar release of any „ .�
<br /> Hazardous Substartces on or in the Property. Borrower shaU not do, nor allow anyone zise to do, anything affectirs the . , , ��-
<br /> Propem that is in violation of any Emironmental Law. The preceding two sentences shall not apply tn the presence. u+e. or . ;��,
<br /> storage on the Propeny of small quantities of Hazardous Substances that are generally reco=nized to be appropriate to normal ::•��'�• -
<br /> residential uses and to maintenance of the Property. . .
<br /> Borrower shall promQtly give Lender written notice of any investigation, claim,demand. lawsuit or other action by any �•� ,
<br /> eovemmental or regulatory agency or private party involving the Property and any Ha7ardous Substance or Environmental Law ' �,y
<br />' of which Borrower has actual knowledge. If Borrower leams, or is notified by any govemmental c�r regulatory authority.that
<br /> any removal or other remediation of any Hazardous Substance affecting the Property is ne:essary. Borrower shall prompdy take .:.. ": F '_—
<br />� all necessary remedial actions in accordance with Environmental Law. -::�:;�;,. � '� ,
<br /> . As used in[his paragraph 20. "I-lazardous Substances" are those substanc�.s defined as roxic or h a z a r dous substances by .:: f
<br /> Environmental Law anu the following substances: gatioline, kemsene, other flammable or toxic petroleum products, toxic . ��.,;�:• �
<br /> pesticides and herbicid�,,volatile solvents, materials containing a�bestos or formaldehyde.and radioactive materials. As u,ed in ,��,Y � - .,�� •
<br /> this para_raph 20. "Environmental iaw" mrans federai law� and laws of the jurisdiction where the Property is located that
<br /> �d `:
<br /> relate to h�lth,safety or environmental protection. ', � !���.
<br /> NON-UNIFORM COVENANTS.Borrower and I.ender funher covenant and agree as follows: • •,
<br /> 2 1.A c c e t e r a t i o n;R e m e d i e s. I.ender shall give noNce to Borrower prior to acceteration fallowing Borrnwer's breach x}�;,�.,,_,,,-.-
<br /> h 17 unless `�� . .•-.
<br /> of any covenant or agreement in this Security Inctrument (but not prtor to acceleration under paragrap � °-�°-_,
<br /> applicabte law provides othenvise).The notice shatl specify: (a)the default; (b)the action required 4o cure the defautt; •�,_ � ,���
<br /> (c)a date,not tess than 30 days from the date the notice is given to Borrower.by whlch the defanit must be cured;and . . ,.,,,,.,.,„ •- �-
<br /> (d) that failure to cure the defautt on or before the date specitied in the noitce may result in acceteratton of the sums .s�s::,:�:n-"'
<br /> �•` secured by this Security Instrument und sale of the Property. The notice shall further inform Borrower of the rlght to :,',�..._.�—�
<br /> reinstate after acceleration and the rtght to bring a court action to assxa�the non-existence of a �efault or any other ,��• -�.���-
<br /> �� defense of Borrower to accetesadon and sale. If the deYault is not cured on or before the date s�ifted in the notice, �� _ .
<br /> Lend�r, at its optton, may require lmmediate payment in full of all sums secured by this Security Instrument without ��=_ _ _
<br /> further demand and may invoke the power of sale and any other remedles permttted by appticabfe law.Lender s�all be _,.-,..; � -
<br /> � " entitled to wllect all expenses incurred in pursuing the remedies provided in thls paragraph 21.inclading,but ruat Cimited .:�,..^��:;'�c:u:�._`
<br /> to,reasonable attarneys'fees and costs of title evidence. `-�-`�'-`�"=���"•`�`�•��
<br /> If the power of sale is invoked. Tnistee shall record a notice of dePaWt in each county in whtch any part of the ,��:+�•_-���•
<br />� Property is located and shall mail rnpies of such notice in the manner prescribed by appli�rable law to Borrower and to .: �,�,•�,�. .•.�,�__
<br /> • .,�.�:f:-. -�•�_.
<br /> � the other persons prescribed by appllcable law. AiYer the time required by applicable law.Trustee shall give public notice � . _
<br /> of saC¢to the per�ons and in the manner prescribe�9 by appficable la�r.Trustee. without demand on Borrower. shall sell ,;t��=�.,� •. --
<br /> ••fa.!:'�t L"Y4 z. ._.
<br /> ' the Pa-�operty at public auction to the highcst btdder at the time and place and under the terms designated in the notice ot . . . . s, .� �- :
<br /> Y P�� P� , .t'._�� 4 : a�
<br /> ' sale in one or more parcels and In any order Trustee determines.Trustee ma st ne sale of all or any pa�s�1 of the :.,�,n,l ��:;�,.�.,
<br />� • Property by public announcement at the time and place of any previoesly scheduled sale. Lender or its designee may _ _�� :
<br /> ' purchase the Property at any sale. •• _ _' .�
<br /> ... -._ . -wf;."
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<br /> Form 3028 9/90 . '�s`'°�`��%"'�`�'
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