|
-# `-�z`� r�
<br /> '.'r.. �- c � . :–. . z— -- — . .- � r �
<br /> . . � . .- ._. . . . __ .. . . - . . L L •. ' ( S .
<br /> � }
<br /> _ Y
<br /> , 4 . r 8-- .�`'4� - t . .
<br /> , , �
<br /> .. � .
<br />. .' . . � • . .-a . _� ... .'.�__ r. . �. _ 1_ ��.. ..( . � �'_ . L. ��. , .. _ � . � s _ C� ���..r �
<br /> - • • , - ^� .�..�.+.......�����.r—._...._�....�.�.�...�.��.._�._._e.___�_�.L—S--i�....�...�..____�..�_.... ..... ....� - . .. ..... . _. . � _. .�._,.t.� . ..
<br /> � E •
<br /> _ � ' � . ( - ``�`; ��'r'.�r
<br /> � �<-� = 1T. Transter of the Property or a BeReftclai Interest tn Bonower. ff a0 or&ny part of the Property or ,
<br /> � � 4 any interest a� ft is sotd or transterred(or U a dsneti�iat intec�st tn Borrower is sold or transterted and Bo�rower is not a natural , ,.,� .
<br /> � . �. t� � . . _ ,
<br /> � � � • person)without Lendsr's prior wrnter►consenL Lender may�at Ks opUOn,requtre 6nmediate payment in tuU of an sums secured by
<br /> x, . . � Nts Securiti Insuumertt However,thts optton shaA not be mcerclsed by Lender if exerctse rs proAbaed by tederal law as af the
<br /> . • i Qate ot thls Secu�yr InStrumenL
<br /> , � � tf Lenaer exe�ises thts opt�oe,Leadet shait gtve Horrowet notke o!acceleration. The notice shaU provide a pertod of not
<br /> tass than :0 days from the date the nct�e is deUvered or maTed w3hin which Botrower must psy all sums secured by this
<br /> • , � � `{ gecur@y tnstrument if Bortower fa4s to pay these sums pr�or to the e�trallon of this periad,Lender may mvoke any remedies � , , .
<br />: } � permittetl bv this Sacur�y�nstrument wdl►cut turther notks or demand on 8orro.ver. ,
<br /> � 18. Barro�vePs Right to Relnstate. if Borrawer meets ce�ffi6� cond�tans,Bort�wer 5�811 h9ve th9 tight t0 have � �' < .� ' ,"
<br /> • ' �= �'� entorcemem ot th� 3ecurtyy I�suument disconUnued at any tune prior to the eer�r ot (a)5 days (or such other period ss � t
<br />!<< • ` appGcabte 4w may speciN tor retnsmtement)before sate of the Rroperty pursuant to any Dawer ot sala contafieu�in this Securay
<br /> _`F;
<br /> __ �� tnstrument: or [b)enby of a judgment entorCing this SeCUrityr tnstrument Those conditioes ate that Borro+rer:(a)pays Lender ail � __....__ ���
<br /> ' � ~? 5ums which then woutd be due under this Secu�y�nsUUment and the Note as 8 na acceleraFron had oaxirted: {D)c�res anY - - -.
<br /> • deiautt ot any other cotenent or agreema�sts: (c)pays su e�enses mcurred�n entorcing tt►is SecwrdY �nstn+ment, �nctudtng,but �
<br /> ' ` ttot limfted�o,reasonabte attomeys'tees;and(d)talces suCh actton as Lender may reasonabh/requVe to assure that the Gen of ,
<br /> . � � this Securdt InsUument, Lenders rtghts in the Property en0 Borrowefs obQgaUon to pay the sums secured by th(s Security � :�.
<br />�x .. � �� Ir�sUument sha0 CanUnue uncnanged. Upon reinstetement by Bortower. this Secur�yr Instrument end the obligaUons secured , - .� .<<.
<br /> _ heceby shau rertmo�tutty effective as if no aceeleradon had occurted. However,ffiLa ri9ht to w�nstate shall rtot appry a� Me case �- `-•, :
<br /> • � of ecceteral on under Para9►ePfi 17. r
<br /> � 1 19. Sale of Nate; Change ot Loan Servicer.The Note or a a parUal interest a► fhe Note (tagether wim mt�
<br /> , � Securrty Instrument)may be sold one or more timas without pdo� notice to 8orrovrer.A sale may result m a change in the ent�ty . '_
<br /> � � (known as iha"Loan SeMcer')that collects monthty payments due under the Note and this Security Inswment There atso may .,�`.^
<br /> '�;. .. � - be ons or more changes ot fhe Loan Servicer unretatad to a sate o! the Nota It there is e change of the Loan Servicer, ___
<br /> J Bortower w:ll be given wr�tan nottce ot the change tn accordance wiTh paragrapn t4 above and appGcabfe taw. Th9 notke wIIl " _
<br /> . '` } state the name and address ot the new Loan Servker end the eddress to which payments should 6A made. The notice wi�also -�
<br /> contain any other informaNan requtred by appUCabis law• _
<br /> � : ' ._� 20. Hazardous Substa�tCes. eorrower shan not cause ar perm�the presence. usa d'upose�, swrase.or re f ease o f i— _ ,:,:_�
<br /> any Hasardous Substances on or In the Pmperry. 8orrower shall not do,rtor apow enyone eh�e W do, anyMt�g attectin9 the � =-��
<br /> '.f �. • } Property that is U►vtotaUon af any EmBonmental LAw. The precedmg two sentances Sha11 not apply to the presenca use, or . _� ���
<br /> • storage on tAe PropeRy of sma0 quantities of He�ardous SLbstances that ere genera►ty recognaed to be appropriate to normal . ,,~ '` �
<br /> ��` . : �==
<br /> ��' residential�ses and W maintenance ot the Property. �
<br /> � � 8ortower shatl pramptry gNe Lender written notice ot any InvestigaUon, c�n, Qemand, Favusurt or ather action by any , � :�;•"��'
<br /> '� � � govemmentat ar�egulatory agency or private party fnvoMing the Pmperty and any Haza►dous Seibstence or Environmental law ot , '-� �_-
<br /> �r � which Borrower has actual knowledga If Borrower ieams, or is notiNed by any govemmental or regutatory authorty, that erty ' .� �"���
<br /> .....,�'.
<br /> remcval or other remediation of any Hazardous SubstenCe aNeCta�9 P�aPenY � ��� Borrower shall pmmptry take all n.,•���
<br /> necessary remedial actions tn eccordance witfi Envtronmental Law. .
<br /> . As used in this para8raph 20,"Hazardous Substances"are thase substances dsMed as toxic or har�rdous substances by � •'� . ;'.
<br /> .;'�
<br /> " Environmencal Law and the fotiowing substances: gasoiina, kerosene, other ffammable or to�dc petroteum prodacts, toxic - �' �.,:•.,�„�,
<br /> � ' � pesttcides and herbkides,valaNe sotvents,matertals containt�g asbestos or fortnaidehyde, and radioactke mater(als. As used in �.,;.�i�,
<br /> ''� '� paragrapA 20. 'Environmental Law" means federal laws end laws of the Jurisdictlon where tAe Propettyr is Iocated that retate to . �' �� .,:�,:
<br /> heaRh.setery or environmental protecdon. ..�•
<br /> Nfl�!-UNIFOf�A COVENAMS.Bortower and Lender turther covenant and agrea as foltows: .� ��'�1.�=
<br /> 21. Acceleration; Remediea Le�der shatl give noUce to Borrower prior to a�celeration . .� ����:'�
<br /> � � teflowing Borrower's breach of any covenant or agreement in this Security tnsb�ument (bu1 not . ` �#_�"
<br /> prior to acceleration under Qaragraph 17 untess applicabte law provides otherwise). The nottce . �'; �-
<br /> � shatl specify: (a) the detautt; (b)the action required to cure the default; (c)a date, not less than ` ;r,`:
<br /> � 30 days from the date the notice is given to BorroweP,by which th� default must be cured; and . ,�_��
<br /> (d) 4hat failure to cure the defautt on or betore the date specifled In the not�ce may resutt ia , � � : =��:Y__
<br /> . � � acceteration of the sums secu�ed by thls Security Instrument and sale oi the Property.The noUce � ".;;�;_
<br /> shail turther inform Borrower of the right to reinstate after acceteretion anA the right W brfig a . . . , �''?
<br /> �4 court acUan to essert the non-existence at a defauit or eny other detense of BaROwer 40 �� � ...
<br /> � �� .� acceleration and sate. if the defauli is not cured on or betore the date specifted in the not�ce, : . ;i=
<br /> Lender at its option may requlre trnmediate payment in tull ot all sums secured by thls Securlfiy
<br /> , , �� Instrument withoui further demand and may invoke the power ot s�ale and any other remedlea � :, .
<br /> permitted by appUcabte taw. Lender shall be enUtled to cotlect ell exper�sea incurred In pursuing
<br /> : � � �f the remedies provided in this paragraph 21, inctuding, but not qmiter� to, reas�nable ettorrteys' :
<br /> . tees and coats of Utle evidence. . .
<br /> . ' � tf the power of sale is invoked, T�ustee shall recard a notice of detault in each county in .
<br /> which any part of tfie Property ls tocated and shall mail copies of suc6 notice in the manner
<br /> • ' prescribed by epplicabfa law to Borrower and to the other persons prescribed by applicable law. �
<br /> '. � �� � ' After the Ume required by appUcable law, Trustee ehall give pu6Uc nofice of sale to the persons • �
<br /> ; � and in the manner prescribed by applicabte taw.Trustee, without demand on Bonower, shall sell
<br /> the Property at public auction to the highest bidder at the Ume end place and under the terma
<br /> I designated in the no3ice oi sale ln one or more parcels and in any order Trustee determinea .
<br /> • Trustee may postpone sate ot all or any parcel of the Property by public announcemete4 at the . �
<br /> � � _ time and place of any previousty scheduled s�te. Lender or its designee may pu�chasa the � � :
<br /> � ; � Property at any sate. .
<br /> Upon recei�t of payment of the price bid, Trustee shali detiver to the purchaser Trustee's
<br /> � � � deed conveying the Property. The recitets in the Trustee's deed shali be prima tacle evidence ot { . . •.
<br /> � the Vuth of the afatements made therein. Trustee shall appty the proceeds of the sate in the E .
<br /> , • � toltowing order: (a) to ati costs and expenses of exerclstng the power of sale, and the sale� 4 .
<br /> ' • � inctuding the payment of the Trustee's fees actUaliy incurred, not to exceed three � - .
<br /> °,6 of the principal amount o! the `
<br /> � � note at the Ume oi the declaretion oi defauit�and reasonable atiorney's feea as permitted by law; f_
<br /> :•, (b) to atl sums secured by this Security Instrument; and (c)any excess to the person or persons � . :
<br /> , legatty entiUed to i� ; .
<br /> � � .
<br /> �' {•,•5 L VO(' 971 Page 4 or S _.►L� � � � .
<br /> , w9'77T �
<br /> ±� .. . �.
<br /> . • �
<br /> _.:.1: _.. �.� ,. ...:: ... . . �� '�'�'; � ..;___.: .:..t •'�... . _'�a.. - � .. _ . . 4 ;t;....
<br />
|