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<br /> � 17.Transfer of the PtnpErty or a Beneficial Interest[n Barrower.If all or any part of the Pr`�openy c�r any intcre�t in it • ' � . • �.s
<br /> i�solJ ur transferred(or i f a bene f ici a l in teres t i n B o r r o w e r i s s v l d o r t r a n c f e c r e d a n d B o r r o w e r i s not a natursl per�onl�vithout 4,:-
<br /> Lender'. prior written consent. Lender may. at its option, require immediate payment in full of all sums secured by this , �: _
<br /> Security(nstrument.However. this vption�fiall not be exercised by Lender if exerci�e is pmhibited by federai law ati c,f the date ., ; . ,
<br /> of this Security [n�trument. ' " .•
<br /> • if Lender exercises thi�option. I.ender shall give Borrower nntice of acceleration.The notice shall provide a period of not ,
<br /> - lea+ than 30 ciays from the date the notice is delivered or mailed within which Borrower must pay al1 sums secured by this . , , . .��`
<br />-- Sc�:utity Imtn►mes►t.If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies - _ -�.�..
<br />• permitted by this Security Instrument without further notice or demand on Borrower. '
<br /> 18. Borrower's Right to Iteins�tate. If Bonawer meets certain conditions. Borrower shall have the right to hace �
<br /> enforcement af tliis Securitp Instrument discontinued at any time prior to the earlier af: (a) S days (or such other period as t.,
<br /> applicable law may specify for reinstatement) before sale of the Praperty pursuant to any power of sale contained in this . . _
<br /> 5ecurity Instrument:or(b)entry of a jud�nent enforcing this Security[nstrument.Those condiUons are that florrower.(a)pays .�_.;
<br /> Lender all sums which then woutd be due under this Securiry Insuument and the Note as if no acceleration had occurred: Ib> �;t; -�
<br /> ' cures any default of any other covenants or agreements: (c)pays all expenses incurred in enforcing this Security Instrument, • _;��.
<br /> �'
<br /> including. but not limited to, reasonable attorneys' fees: and(d) takes such action as Lender may reasonably require to assure , m_
<br /> that the lien of this Security Instrument, C.ender's rights in the Property and Borrower's obligation to pay the sums securecl by . _;"�m=.�t'`
<br /> this Security Inswment shall continue unchanged. Upon reinstatement by Borrower, this Security Ins[rument and the
<br /> obligations secured hereby shall remain fully effective as �f no acceleration had occurred. However, this right to reinstate shall . ��3:c`��—��
<br /> � not apply in the case of acceteration under paragraph 17. �� . =��
<br /> 19. Sale of Piote; Change of Loan Servicer. The Note or a partial interest in the Nore (together with this Securiry v :_-.�1---:�-F���;
<br /> Instrumenq may be sold one or more times without prior notice to Borrower_ A sale may result in a change in the entiry (knoW�n . . �;.�, .�,;.-
<br /> as the"Loan Servicer")that collects monthly payments due under the Note and this Security Instrument.There also may be one r � � ,.� ' '����
<br />.• s or more changes of the Loan Servicer unrelated to a sale of the Nate. If there is a change of the Loan Servicer, Borrower will be , ,�,�
<br /> .: given written notice of the change in aecordance with paragraph 14 a6ove 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 ott�er '�;��°_�`-`
<br /> information required by applic:able law. ` ' ��DO�
<br />• 20. Hazardous Substances. Borrower shall not cause or permit the presence, use.disposal. storage, or release of any . . 'F��=�•;r_'�
<br /> � Hazardous Substances on or in the Property. Borrower shall not do, nor allo�v anyone else to do, anything affecting the s' = -�•
<br /> Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence. use. or ^ �;
<br /> 4. �: ,. ,.. �;.>> :
<br /> stotage on the Property of small quantities of Hazazdous Substances that are generally recognized to be appropriate to normal _ , ., � .•,
<br /> residential uses and to maintenance of the Property. '`�='�•.r ; �< �
<br /> �t� Borrow•er shall promptly give Lender written notice of an}• investigation, claim, demand. lawsuit or other action by any : � .;.
<br /> . : .E� governmental or regulatory agency or private party involving the Property and any Hazarclous Substance or Environmental Law '�.�:• .
<br /> �`�'r: '..aa_.
<br /> of which 8orrower has actual knowledge. If Borrower leams, or is notified br•any govemmental ar iegulatory authority, that .�
<br /> any removal or other remediation of any Ha7ardous Substance affecting the Property is necessary.Borrower shall promptly take f ;. : �.``���.� __,
<br /> � all necess a ry remedial actions in accorciance with Environmental Law. �• .;yt,:;,,;,;;:; }� .--.
<br /> � As used in this paragraph 20, "Hazardous Substances"are those substances de f in e d a5 toxic or hazar do u s s u b s t a n c e s b y ": „ ; 3� �" : .
<br /> �. . '"�` �..
<br /> .� Envimnmental Laa+ and the fallowir.o substances: gaso��ne. kerosene, other flammable or toxic petroleum praducts, toxic �yy .�t.,
<br /> pesticides and herbicides.volatile solvents, materials containing asbestos or formaldehyde,and radioactive materials.As used in • • E..;. � j=,
<br />�--� ;7i ehis paragraph 20. "Ez�•ironmental Law" means faderal taws and laws of the jurisdiction where the Properry is located that _ :
<br /> relate to health,safety or environmental protection. ��{��:•-
<br /> ,� . '�: :%�r'=---
<br /> `� NON-UMFORM C O V E N A N T S_Borrower a n d L e n d e r f u rt h e r c o v e n a n t an d a g r e e a s f o l l o w s:
<br /> :t� 21.Acceieration;Remedies.Lender shaD give notice to Borrower prior to acceleration followin�Borrower's breach '-"'"'{���_F'.
<br /> . � rF,r f,r-�._
<br /> , :j of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraph 17 t�ess •__�`^�•��� .
<br /> - ' applicable taw prorides oihenvise). The noitce shall specify: (a)the default;(b)ti�e action required to cure the de�'a31t; :;.�_-
<br /> � (c)a date, not lcss 19a�a�30 days from the date the nottce is given to Borrower,by whicfi the default must be cured;and �;��.
<br /> '" (d)that fallure to cure the defautt on or before the date specitied in the r.vtice may resutt in accel�ration of the sums :��-.�..�
<br /> secured by this Security Instrument and sale of the Prope*ty The natice sC�all further tnform Borrower of the rlght to „ - �;:-. _
<br /> _� reinstate after acceleratlon aud the right to bring a court action to assert the norc�exlstence of a default or any other ..;; .4 't _
<br /> defense of Borrower to acceteration and sale. if the default is not cure�on or before the date specified in the notice, ��_
<br /> � "i� Lender. ai its option, may require immedlate payment in fuU of all sums secared by tQ�is Security Instrument without _ ;;,:�=
<br /> � �� further demanA and r,�ay invoke the power of sale and any other remedies a►ermitted by appltcable Iaw.Leader sfiall be • •,
<br /> • �� entitted to wllect a1D e�enses incurred in pa�ssn�mA the remed ies pro v i d e d Icn t h is para g r a p h 2 1,i n d u d i n g,bu t not limited _ '"':":��i j �"
<br /> � to.reasonable attorraeys'fePS and costs of title eti idertce. W ;.
<br /> . If the potver of sale is invoket�. Trustee shaU record a notice of default in euch county in wh[ch aay past of the ;,•,__,.r . _�
<br /> PropeHy is located and shaU mail copies of such nottce in the manner prescribed by appltcable law to Borrower a�d to . _�;..., ' •
<br /> - . ; the othee persons prescrtbed by appliqble law.Ai'ter the time eequired by applicable law,Trustee shall give public noNce :_�,-_�---�:_�_- _
<br /> � of sale to the pe�so�s and in the manner prescribed by appllcable law.Trustee,without demand on Barrower, shall sell <,�.,.r�.�.•
<br /> �r the Property at pnbflc aaction to the highPSt btdder at the time and ptuce and under the terms desi�nated in the notfce of ��;�, :. :. . ��•
<br /> � ' sale in one or more parcels and in any order Tnistee determines.Trustee may postpone sate of all or any parcel of the ' •-r,��9,��,,,�:i:,,
<br /> property by pubtic announcement at the Hme and place of any previously scheduled sale. Lender or its desi�nee may ,��; ,�" . �� —
<br /> purchase td�e Property at any sale. .��'�"�,��_'��s'j'" _;
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