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<br /> � 17.Tr�asfer of the i'roperty or a Beneficial Interest in Borco�re�.If all or:uiy part uf the'P���pert����t�te�f in it • , . �
<br /> is wld or tramfesred Ior if a benefi�ial interest in Borrow•er is sold ur tran.ferr�anJ Barmwer i�nut a natural penon)without • . �� �1!!
<br /> Lender', prior written coa,ent. Lender may, at it+ aptinn. reyuire immediate payment in full ot all �um.. ,crured by this � • ;s-
<br /> , Secunty Intitrument. However,this option�hall not be exerriuxi by L.ender if exerci,c��prohibitcYl hy (ederal law a,u(the date � �� . -
<br /> . ��f thi�Sr�curit�Imtwnent. , • ` ' '
<br /> _ If l.ender exrrciaes this aption. Lender,hall give Borrower notice of screlerdtion. The nuticr.hall pro�•ide a period ot'not
<br /> -- - le,. than 30 days from the date the notice is dctivemd ar mailed within u•hich 9orro�ticr mu,t pay ;ill sums secured by this ____ _ __ ,_`'
<br /> � Security Instrument_ If Borrower fails to pay these surttc prior to the expiration of this period, l.ender may im•oke any remedies • :`�
<br /> permitted by this Security Instrument without further notice or demand on Barrower. . : !
<br /> 18. Borrower's Rtght to Reinstate. If Bonower meets certain conditions. Borrower �hall hs�e the right to h.e-.e "Y �
<br /> ' enforcement af this Security Instrument discontinued at any ume prior to the earlier of: lal 5 eiays (or such uther period as ' '��
<br /> applicable law may specify for reinstatementl before sale of the Property pursuant to any power uf sale contained in this - - '�:�"-,-°
<br />. Security Instrument;or(b)entry of a judgment enforcing this Security Instrument.Those ronditions are that Borrower:Ia)pays '; :
<br /> Lender atl sums which then would be due under this Security Instrument and the Note as if no acceleration had oceurred: (b) • . • i_',.�.�_-T:a
<br /> cures any default of any other covenants or agreements: Ic) pays all expenses incurred in enforcing this Security Instrumeat, , _ '�� '"'�`
<br /> including,but not limited to, reasonable attarneys' fees; and (d)takes sueh action as Lender may reasonably require to assure - - .=--�"'"`�'
<br /> that the lien of this Securit Instrument. L.ender's ri ts in the Pro e and Borrower's obli ation to a the sums secured b T"'�'��`�'•'r"
<br /> Y S}► P nY S p Y Y ..��=;—
<br /> this Security Instrument shall continue unchanged. Upon reinstatement by Borrow•er, this Security Instrument and the •.., � . . .
<br /> obligatie�s secured hereby shall remain fully effective as if no acceleration had occurred. However. this right to reinstate shall . �"� ��-i'_
<br /> not a ly*��the case of acceleration under ara ra h 17. T� � � '
<br /> PP P S P �����:�=_
<br />_ 19. Sale of Note; Change of Loan Servicer. The Note ur a panial interc5t in the Note (togeiher with this Securiry -, �,��
<br /> .. � lastrument)may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entiry(known � �� T�_
<br /> as th�"Loan Servicer")that collecu monthly payments due under the Note and this 5ecuriry Instrument.There also may be one ��-�xeieremr�!�`-"}_-:
<br /> ___ or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer,Borrower will be _ ..__„;._�-��:�-.
<br /> ,• � given written notice of the change in accordance with paragraph l�above and applicable law.The natice will state the name and 'yt� �
<br /> • address of the new Loan Servicer ar.d the address to which payments should be made. The notice will also contain any other •
<br /> � informaiion required 6� applicable law. � �'.`��
<br /> : � �� �...•
<br /> �� 20. HazardoLS S�bstances. Borrower shall not cause or permit the presence, use, disposal, storege. or releatie of any • s �±:��:..
<br /> f�•� Hazardous Substances on or in the Properiy. Barrower st►all noi do, nor altow anyone else ta do, anything affecting the • � -��� =� .• "
<br /> � . Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence, use, or '��,�
<br /> storage on the Property of small quantities of Hazardous Substances that are Denerally recognized to be appropriate to normal '-'�'s��� ' •.� � 'f
<br /> residential uses and to maintenance of the Propeny. ' �`� "
<br /> Borrower shalt promptly give l.ender written notice of any investiga[ion, claim, demand, lawsuit or other action by any ,� ,:�,,. �. `�� .�
<br /> . governmental or rewluory agency or private party involving the Prope,rty and any Ha7ardous Substance or Environmental Law �-'�'�.-,j ;;..,.
<br /> of which Borrawer has actual knowledge. If Borrower leams, or is notified by any governmental or regulatory authority, that
<br /> ' � any removal or other remediation of any Hazardous Substance affecting the Property is rtecessary,Borrower shall promptly take '" .�'
<br /> all neces, remedial actions in accordance with Environmental Law. , '' ��
<br /> s �Y . .��:. ` �,•;��'
<br /> . As used in this paragraph 20. "Hazardous Substances" are those substances defined as toxic or hazardous substances by �.:; •.�-?� ��
<br /> o �� Environmental Law and the following substanc�.s: gasoline. kerosene, ather flammable or toxic petroleum producu, toxic
<br /> _ pesticides and herbicides,volatile solvents,materials containing asbestos or fortx aldehyde.and radioactive materials. As used in � ���+�{�
<br /> this Paragraph 20. "Envirunmental Law" means federal laws and laws of the�urisdiction where the Properry is loqted that �'�'i,�,�tr'�:`
<br /> relate to health,safety or environmental protection. '~�- '�
<br /> NON-UNIFORM COVENANTS.Borrower and[.ender funher covenant and agree as follows: '�- `s �"�
<br /> 21.Accelerat�on:Remedies.Lender shall give nottce to Borrower prior to acceleratton foltowing Borrower's 6reach "i•; ��-= �
<br /> of aay covenant or s�greement in this Security I�strument (but not prior 4o acceleratton under paragraph 17 anless i �
<br /> r
<br /> appllcable!aw provfides othercvise).The notice shall specify: (a)the defautt;(b)the adton required to cure the default; � ���"��
<br /> (c)a date,rto!Ic�s than 30 days from the date the notice is given to BorsoRer,by which the default must be cured;and
<br /> (d)that failuse to cure the default an or before the date spettfled in the notice may resutt in acceleratton of the sums �"��'.
<br /> secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to "--"
<br /> reinstate after acceleratton and the right to bring a court action to assert the non-existence of a default or any other ,.�`''� _-;
<br /> �,�..r -
<br /> defe�se ot Borrower to accelerntion and sale. If the default is not cured on or before the date specifie� in the natice, '.�� ,,._.. . .�•
<br />� Lender, at its option, may require immediate payment tn full of all sunros secured by this Security Instrument without ' },.�,,,T,.{,� .
<br /> � i'urther demand and may invoke the power of sale and any other remedia permitted by appltcable Iaw. Lender shall bE .�`�`�•�,����-
<br />; endtle�]to collect all ea�penses incurred in pursuing the remedles provided in this parag,raph 21,includin�,but not limhed �-����.�'
<br /> to,reasonable atturneys'fees and costs of titte evidence. ��'�'�`-�
<br />� If the pow•er of sttle is involced, Trustee shall record a notice of defauit in each county in which any part of the � �_
<br /> Property is located and shall mail wptes of such notice ln the manner�r�scri6ed by applicabie law to Borrower and to �•���
<br /> � the oiher peisons prescribed by appliceble�aw.After the time required by appficable law.Trustee shall give publ�c natice ��_.�,��!-�`�
<br />� ' of sale to the persons and in the manner prescribed by appllcable la�v.3'PUStee, without demand on Borrower,shall sell • ."''.- -
<br /> the Property at public auction to the highest bidder at the time and place and under the terms designated In the notice of -�„ "' '
<br /> sale in one or more parceLs and in any order Trustee determines.Trustee may postpone sale ot all or any parcel of the •�w�-:,-�- �• ' •
<br /> Property by publlc announcemerl at the time and place af any previously scheduEe�sale. Lender or its desipnee may '
<br /> purchase the Property at any sale. -'=�''=' ��'''
<br /> Form 3�23 9180 •��:-�:
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