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<br /> �' �" . . ' 17. Trans�er of the Property or a �enefictal IrKerest In Borrower. If atl or eny part of the ProPertY c► • � • y
<br /> � any irterest in R is sotd or transterred(or if a b�efidal intemst in Bctrower is sold or Uansferted and Borrower is not a natural T` :
<br /> ` � person)wfthout Lender's prfor mfttea consent, Lend�may.at its opUon.�equfre immed�ate payment in tuU ai aU sums seeured by� _ ,
<br /> this Seauity Instrument Howe+r�this option shall not 6e exadsed by Lender i(exerctse is prohibfted by tederai Iaw as of tha.� ,`
<br /> " ` date ot this Sewrity InsWment
<br />- ` ' it Lender exerds�U�1s opUon, Lender shaD give Borrower notice o1 acceleratIOn. The notice shall provide a pedod at not � - � .
<br /> Ui �
<br /> less thaA 30 days irom the date the notice is deIIvered aa ma�7ed within wfi(ch Borrower must pay an sums secured by this � .
<br /> � , 4 ' Seuuitq►Instrument. H Bortawer faiis W pay tfiese sums prior to the e�(aatlon of this period Lender may trrvoke any rememes �+ s �: ,.. .
<br /> un ��! ,�,
<br /> . � perm�ted by this Security insbument without turther noUce ar demand on Bormwer. .
<br />-. � � ` ' � ` 18. BOfr�r6�'S Right t0 Re1nStStO. lf Borrowet meets certain condc�ons. Bortower sha0 have the dgM to have � � :. '
<br /> ; .- eMorcement of this Seauity Instrument discor�tinued at any time Prior to the earfier oF. (a)5 days (or such other pertod as � � � ,
<br /> • � ....:._�` appticable law may spe�ity tor teinstatemertt)betore sale of the Properry Pursuarrt to arry power o1 sate corrtsfied in this Sewrtry . r'_ .
<br /> _- ----- I�stnu�n� or @)er�y ot a judgment ertfordng this Security Instrument.Those condiHorts are that Borrower:(a) pays Lender eii --
<br /> sums wh[ch then would be due under this Seasrity InsUument artd the Note as if no acceteraUon had ocaurted: �b)wres a�sY �' � .
<br /> • � � detauft of any oth�covenant or agreements: (c) Pays e� e�enses incurted in enfordr►g thb Seeurfry Instrumern.induding. but . . - .
<br /> � � not fimded to,ceasonabte ffifomeys'fees:end (cQ takes such action as Lender may reasonahly require to assure thffi the lien ot �
<br /> - this Securiry Instrument,Lettder's dghts in the Properly snd Bortowe�s ob6gaUon to pay the sums sewred by this Security .`,,
<br /> � Instrumeni shall continue unchanged Upon reinstetement by Borrower, this Security tnsErumertt and the obtigations secured
<br />�.� � hemby shaU remain futlY effecGve as if no aeceleraUon had occutred. However,this right to reinstate shati not apply in tfte case
<br /> of acceleration under paragraPh 17. � . . . - �.:
<br /> . :�.'s..-�s s.
<br /> ` . i 19. �a18 of Note; Change of L�oa� Servicer. The Note or a a partlal h�terest in tha Note(together vu�thls ._' . „�r, , ..
<br /> 3ewriry InsWmPn!)may be soid one o►more Umes without pdor notice to Borrower.A saie may resaR in a change in ihe errd'ty ( � •
<br />- • (fmovm as the'Laan Senricer')that coilects monthly payma�ts dus under the Note an d t h i s Se�v r i t y Instrument. There als�ma5/ . _ _--
<br /> .. be one os more changes of tha Losn Servicer unrelated w a sala of tbe Note. H there is a change of the Wan Servte�
<br /> - Borrower w�li be given wrftten notice of the change in accordance with paragraph 14 at�ove and be made. The notice�wU also �•,,r�'� -'�.�
<br /> state the name and address of ffie new Loan Servicer and the address to which payments should • , ffi-..
<br /> ' contatn any other iMortnatlon required bY eppOcabie law. .:_"--
<br /> � 20. H�'dtdOltB SubstanC9s.Borrower shaU not cause or permR the Preser►c� use, �IIsposal, storage, or retease of _ "� �--�'
<br /> . `�--
<br /> ;•_.�_
<br />�'; eny Haardous Substances on or in the Property. Borrower sha0 not do,nor aitow enyane eise to do, arryihing affectlr►9 11�e -'�.s��_
<br /> ' • .. prap�ry that is fn violatlon ot any EmrironmeMat Law. The preceding two sentences shaD not aPPiy to the presence, us� or -�---
<br /> . �',•; �
<br /> - • storage on the Property o?sma0 quantides e1 Hazardous 3ubstances that ere generalty reco9��ed ta be appropriate to nomral `�*_}��y,.=:-
<br /> � �, residertial uses and to mairrtenance ot the Property `"�
<br /> ...'�::;=-��:,:
<br /> Yt ,
<br /> - � Bortawer sha0 promptly give Lender writien notice of arry investlgatlon. clatm. demand, Iswsuit or other aedon Ey arry ,,��
<br /> _ . , govemmental or regutatory agen�y or private party tnvolvfig the Property and arry H�atdous 3ubstance or Emrironmental law of r:��"
<br /> egu
<br /> ', � �
<br /> � which Borrower has actuel knowledge- If Borrower leams, or is notified by any govemmentel or reSutatery authority.that enY _
<br /> . remo�al or other reme�atlon of erry Hazardous Subsffirtce aftedbi9 ProDeRy Is necessary. Boaower shaU prompt�y ffika e1� " 'c::�'':.:,
<br /> em
<br /> • necessery remedial actlons in accordance wfth Envtronmerrtal Law. • "�_�'�-
<br /> As used In ttds paragraph 20,'Hazardous Substances'are those su6stances defined as toxic or hazardous substenees by -���r•
<br /> ` ''�� _'u".�
<br /> 1n;._=.5-.
<br /> � Environmental law and the tollowing substances: gasoGne, kerosene, other flammable or toxtc petroleum prnduds. toxto • :. ,.��.
<br /> ' pestiddes and herbtctdes.volati7e soNents.matetials containing asbestos or formatdehyde, and radioactive matedals. As used tn ,,_.�,.,;.,.
<br /> � '. paragraph 20, 'Envlronmental Isw'means tederal taws and laws of the jurisdidion where the Froperty (s located that re��e to ::���
<br /> „ health,sately or emrironmental protectlon. . . � '�'F°��_
<br /> � - NON-UNIFORM COVENAIJTS.8orrower and Lender turther covenant and a�ee as tolbws: ;�,`p;;n:5
<br /> � 21. Acceleration; Remedies. Lender shall givo nottce 4o Borrower prior to acceleration : - �,j;ri_:
<br /> following Borrower's 6reach o! any covenant or agreement in thls Securi4y lnstrument (but not . ,-__,
<br /> prior to acceleratlon under paragraph 17 unless applEcable law pravtdes otherwlse). The rtotic0 ` �"�;���,�:
<br /> .�' � shall speciiy: (a)the defaul� {b) the actlon required to cure the defauit; (c) a date, no4 less than �c._��� . •`• "= �
<br /> 30 days from tho date tha notice is gfven to Bcrrawer, by whlch the deteutt must me cured; and . �:;:�.�
<br /> (d) that tailure to cura the default os� or betore 4he date spocffled tn the natice may result in ;;,::
<br /> I aeceleratton of the sums secured by this Sacurity Instrument and sale o�the Property.The notice �:' .. ::�
<br /> • .. : � shall furthes inform Borrower of the r1gM to reinstat� after acceteration and the right to bring a =. '-
<br /> coutt actlon to assert the non-existence af a deiautt or any other detense of Borrower to •� '
<br /> acceferatton and sale. If the default Is not cured on or before the date spectfled tn the notice. ___ .;;;_�:.;.
<br /> Lender at its optlon may require immediate paymeM in iull of all suma secured by this Security . • . ,:
<br /> �� ' InstrumeM without further demand and may involce the power of sale and any other remedies . • ,
<br /> � ' permitted by applicaWe Iaw. Lender shall be antltled to collect all axpenses incuaed in pursuing . � ;
<br /> ? .. the romedles provided in thls paragraph 21, lncluding, but nai limited to, reasonable attomeys'
<br /> tees and costs oi titto evldence. � � •
<br /> � t4 the power o4 oate is invoked. Trustee shall reeord a nolice o! dofauit in each county in ,
<br /> � � � whlch any part of 4he Property is lacated and shall maii coples of such notice in the manner , . .
<br /> prescrl6ed Qay applicable law to Borrower and to the ather persona prescribed by applioable law. � .
<br /> /�Li4er the time requlred by appltcable Iaw, Trustee ahall give publtc notice of sale to the persona ,. .
<br /> • and in the manner prescribed by appUcable law. Trus4e�, without demand cn Borrower, shail sell .
<br /> � ' the Property at public aucNon to the highest bldder at the time and place and under the terms •
<br /> ' designffied in the notiae of sale in one or rraore parceta and In any order Trustee determines.
<br /> . Trustee may postpone sale of ail or any parce! of t�o Property by pubtic announcemer�t at the
<br /> ., time and piace of any previousty scheduted sale. Lender or its designee may purehase the
<br /> . Property at any sate. � �
<br /> Upon receipt o! ptryment ot the price b1d, Trustee shall deliver to the purchaser Tnustea's .
<br /> � . deed conveyirtg the Property. The �ecitals in the Trustee's deed shall be prim�iacle evtdence of .
<br /> ' � the truth of the statemonts made theroln. Trustee ahali apply the proceeds of the sale in the .
<br /> � follouving order: (a) to a!1 costs and expensea M exercising the power of salo. and the sala,
<br /> inctudin�the payment of the Trustee's fees actually incurred� not to excoed
<br /> ' � Ten 1�)-----------~____�_.w___�-�_�_ o�a of the prirtcipal amount ot the I ,
<br /> ,. ��� j note at the time of the doclaration of default, and roasonable attorney's feos as pe►mitted by Faw;
<br /> � (b)to all sums secured by this Security Inslrument; and (c) any excess 4o the person or persons �
<br /> � legally enti4led to it. � , .
<br /> � � � ��,fte�Mr,(,yl� a.�ac�oe S .
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