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<br /> , � 16.Botrocser's Copy.Borrotver shall be given onc tonformed copy of the I�ote a�d of this Security Instrument. _,` `,,t
<br />'� ` � 17.Transfer of the Propersy or a 0eneficial Intercs4 in Bono�ver. If all or any part of the Property or any �
<br /> � . interest in it is sold or transterred (or if a beneficiai interest in Borrower is sold or transPerced and Borcower is not a �
<br /> � natural personl Nithout Lender's prior written consent.l.ender may,at its option,require immediate payment in fult of � • .
<br /> - all sums secured by this Security Instrument.Howe�-er. this option shall not be exercised by Lender if exercise is _ .
<br /> - - _— prohibited by frderat taw as oi thedateaf thisSecurity Instturnent. ..
<br /> ' If L.ender exercises this option.Lender shall give Horrowet notice of acceleration.The notice shafl provide a�riod '�
<br /> . of not less than 30 days from thedate the notice is deliveced or maited�vithln whic6 Borrower tnust pay all sums secured .
<br /> - • by this Security Instrument.lf Bomo�ver fails to pay these sums prior w the expiration of this period,Lender may invake � �•%°
<br /> � any remedies permitted by this Security Instrument without Furthec notice or demand an HorroRer. • _ `; '��
<br /> �yr'� , 18. Bonower's Rigbt to Reinstate.If Borrower meet�s certain conditions,Borroarer shall have the right to have •;,ti �,:;,
<br /> � enfoscement of this Secunt�r Instrument discantinued at any ti me prior to the earlier of:{a)5 days(or such other.periad � _
<br /> ;� '"• . . as applicable law may specify for ceinstatement)before sale of the Property pursuant to any poNer of sate conta�ned in `,. . :��
<br /> this Security Inscrumeni;or (b)enuy of a judgment enforcing this Secunty Instrumen�"fhose conditions are that �� �`��"
<br /> �� � • Borcower. (a) pays Lender all sums wtuch then cvould be due under this Securitp Instrument and the Note as if no • 4 ' �,..-:
<br /> � � acceleration had accurred; (b)cures any default of any other covenants or ageements;(c�pays a11 espenses incurred in _ x _ �
<br />;� � , ' enforcing this Security Instsument,including,iout not limited to,reasonable attornegs'fces;and(d)takes such action as . ._�:-_
<br />;�� " Lendec may reasonably require to assure that the tien of this Security Instrument.Lender's rights ia the Pcoperty and , . ( _
<br /> ' � Bormwer's obli�ation to pay the sums secured by this Security Instrument shalt continue unchanged.Upon reinstatement `�'� :•�'�� _
<br /> " • • � by Iiortower.tlus Security Instrumentand the abligationssecured hereby shall remain fully effectiveas�f no acceleration , ;'�.
<br /> 'f • •= had occurred.However,this ri g ht ta teinstateshall not apply in the rase of acceleration under paragraph 17. ` � ��-
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<br /> e?, • !9.Sa1e of Note;Change of Losn Servicer.The Note or a partial intecest in the Note(together with this Security � i�°.�
<br />,�;:, ' �, ._ Instrument)may be sold one or more times without prior notice to BorroNer.A sale m$y result in a change in theentity __�4� -� -��--
<br /> _ , . {known as the'Loan Sern icer")that coltects monthly payments due under the Note and this Securiry Instrument.There
<br /> . also may be one or mare changes o f t he L oan Servicer unre la t e d to a sale of the Note.If tt►ece is a change of the Laan f ` �'�
<br />�+:� ��;. Servicet,Bonower wiU be given weitten notice of the change in accordance wiEh paragraph 14 above and applicable law. �•'•y'• .`�,=_:
<br /> � The notice will state the name and address of the new Loan Servicer and the address w which payments should be made. •"�`�-�'�:�•
<br /> '�� ' The notice wiil also contain any other information requiced by applicable Isw. . .. `�'='-"°
<br />" � �i Z0. Hazardous Substances. Borrower shall not cause or permit the presence,use,disposal,storage,or release of - �.`'�;;�,;
<br /> - � i any Hazardous Substances on or in the Property.Botrower shall not do,nor allow anyone else to do,anything affecting � •--�-•
<br /> ";,.'�� • ' • i the Property that is in violation of any Env�ronmentai Law.The prececiing two sentences shall not apply to the presence, '���!?^L.
<br /> i use, or storage on the Property of small quanEities of Hazardous Substances that are generally recognized to be �:��`
<br /> .��� � appropriate to normal residential uses and to maintenance of the Pr�operty.. ;'�.;�;;�._�
<br />"-�;:, Borro�ver shall promptly give Lender written notice of any investigauon,claim,demand,lawsuit or other actiun by . _ -
<br /> .� � � ' any governmental or regulatory agency or private party ir�volving the Property and any Hazardous Substance or , _.�.�_
<br /> � Environmenta]i..acv of which Borrower has actual knowledge.If Boaower learns,or�s noti�ed by any governmental or _ _
<br /> �'{ regulator} authority. that any removal or other temediation of any Hazardous Substance affecting the Property is • • ��"_
<br /> � , necessary,Borrower shall promptly take a11 necessary remedisl actians�n accordance with Environmental Law. ":'7_
<br /> - As used�n this paragraph?A. "Hazardous Substances°are those substances dePined as toxic or hazardous substances - , , . ' �=-
<br /> �� by Environmental Lacv and the toUowing substance�gasoline,kerosene,other flammable or tosic petroleum psaducts, � � � ��"'�`
<br /> " � toxic pestici des an d her bici des, va lati le so lven t s, ma t e r ia ls con t ai n i n g a s b e s t o s o r f o r m a t d e h y d e. a n d r a d i o a c t i v e �, � ..�'-
<br /> � mater�als.?is used in this paragraph Z0."Environmentaf law°means federal lawa and laws of the junsdiction where the ; � - _,_
<br /> . Pmperty is located that relate to health.safety or environmental protertion. . , =
<br /> . �• NON-UNIFORM COVENdNTS.Borrower and Lender furthercovenant and agree as follocvs: -� . .:�.'__
<br /> • � 2!. �cceleration; Remedies. Lender shatl give notice to Borrower psior to acceleration follocving , � -_
<br /> i Botto�ver s bteacb of any cavenant or agceement in this Security Instrument(but not prior to acceleration . .. °
<br /> � � . under paragsaph 1�unless applicable law provides otherwise).The notice ahall specify:(a)the daisult;(b)the . '.:_:s:..
<br /> ' action required to cure the default; (c)a date. not less than 30 days lrom the date the notice is given to
<br /> - . � Borro�ver,by which the defaWt must be cured;and(d) that tailura to cure the default on or before the date •
<br /> - - � � speci[ied in the notice may resuit in acceleration of the sums secured by this Security lastrument and sale of , . •.. .
<br /> ' . ,�� . the Property.T6e ne�tice shall further inYorm Borrower of the rig6t to reinstate siter acceleration aad the � � ': �
<br /> ..,�� � right to bring a rnurt action to assert the aon-esistence of a default ot any other defense of Borrocver to .
<br /> acceleration and sale. Ii the default is not cured an or befose the date specified in the notice, Lender.at its
<br /> ��. ° � optian. may require immediate payment in full of all suma secured by this Security Iastrument without
<br /> �. _ f further demand and may invoke the power of sale and any other remedies permitted by applicable taw.
<br /> l.ender sIl�all be entitled to collect all expenses incurred in pursuing the remedies ptovided in this paragraph .
<br /> '.;'� � � � 21.including,but not limitedto,reasanableattarneys fees and costs ot title evidence. . � . •
<br /> , } ]f the power of sale is invoked.Trustee s�all record a notice of default in each county in which any part of � � .
<br /> � the Property is located and shall mail copies of such notice in the manner prescribed by applicable la�v to
<br /> • f� Horro�ver and to the other persons prescr�bed by applicable law. After the time required by applicable la�v. • .
<br /> 1 ' Trustee shall give public notice of sale to the persons and in the manner prescribed by ap�licable la�v.Trustee. : •
<br /> without demand on Borr�wer. shall sep the Property at public aaction to the highest b�dder at the time and
<br /> : : • � place and under the terms designated in the notice of sate in one or more patcels and in any order Trustee .
<br /> determines.Trustee may postpone sale of all or any parcef of the Property by publtc announcement at the
<br /> � ? time and place of any prevtously scheduled sale. l,ender or its designee may purchase the Pr�perty at any •
<br /> S sale.
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<br /> 9 . •
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<br /> '. • � Form 3029„ 4(90 � . .
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