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<br /> • � 17.1'ransfer off the Pro�ty or a Beneftdal Interest in 8orrower.If aU or any part of the P►vperty or any interesc in it .::Tr ,.:.•.,. .'
<br />- , ' " `�:�.`<. j is sotd or transferned(or if a beneficial inte�est in Borrawer is sotd or aansferred and Borrower is not a natural person)without _ _
<br /> • L.ender s prior wriuen consent, Lender may. at its option, require immediate payment in fiill of a!1 sums secured by this �.�
<br /> __. . ��4�"` SQCUrity Instrument. However,this option shaU not be exercised by Lender if exercise is protubited by federal!aw as of the date s '' _
<br /> -- of this Security Instrument � _
<br /> If Lender eaercises this option,Lender shall give Borrower notice of acceleration.The nauce shali provide a period of nat
<br /> `� �-_°� less than 30 days fram the ddte the notice is delivered or mailed within w}uc6 Borrower must pay all sums secure� by this
<br /> _ '� '' ,. � � Sec.urity Instrument. If Borrower fails to pay these sutns prior to the expiiation of this period,Lenaer may invoke any remedies _ . , ' " ,
<br /> '-, , � ` pemritied by this Security Instrument without furdier notice or demand on Borrower. --
<br /> _ --,-_� �• 18. Bosrower's Rtght to Reinstate. If Borrower meets certain conditions. Borrower shall ilave ttie right to 6ave ". ` -"r.,4�
<br /> . , a. ,
<br /> ; . , , enforcement of this Security Instrument discontinued at any time prior to the earlier of: (a)5 days(or such other period as < . .Q -�_�;
<br /> . �', applicable law may sperify for reinstatement) before sale of the Properry pwsaant to any power of sale oontained in this r__^ _.,
<br /> �`• �., ,� Security Instrument;or(b)eatry of a judgment enforcing this Security Inscnrment•Thase condiuQns are that Borrower.(a)pays t, ,� �� ,-
<br /> ,-: � Lender aU sums which then would be due under this Security Instiument and the Pfote as if no acceleration had occurred:(b1 „-.�=._•
<br /> = cures any default of any ather coveaants or agreements; (c) pays aU expenses incurred in enforcing this Secutiry Instrument,
<br /> � ` '��•+ including,but not limited to,reasonable auorneys'fces;and(d)takes sach action as Lender may reasonably require to assure �
<br /> �' that the lien of this Security Insm+ment, Lender s rights in the Property and Borro�ver's ohligation to pay the sums secured by
<br /> � � this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, th�s Security �str�ment and the
<br /> : '��; obligations secvred hereby sha11 remain ful{y effective as if no acceleration had occurred. However,this right to reinstate shall . _
<br /> - • not apply in the case of acceleration under paragraph l7. � _
<br /> •.`.� 19.Sate of l�Tote; Chsmge of Loan Servfcer. The Note or a parcial interest in the Note (together with this Security ,,_ _
<br /> • � � - -•'3 It�ument)may be sold one or more times without prior notice to Borrower.A sate may result in a change in the entity(lmown , �__,_• _ _
<br /> � • :�';; as the"Loan Servicer")that collerts monthly payments due under the Note and this Security Instrument.7'here also may 6e one t_. .�—
<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 ••�� �,�,y
<br /> given written aotice of the change in accordance with paragraph t4 above and applicable law.The notice will state the name and �-
<br /> ' • .,�� address of the new Loan Senricer and the address to which payments shoald be made. The notice will also comain any other '�" :;"::
<br /> = •• � • �� information required by applicable law. , '_L'`=�
<br /> - - • -���; 20.Haaardons Sa6staQces. Borrower•shall not cause or permit the presence. use. disposal.storage, or retease of a�t -;:,,�.
<br /> � � � . : :E Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affeding the . __—
<br /> , Property that is in violauon of any Environmental Law. The preceding two sentences shall not apply to the pmsence, ase.or • _ —
<br />-. • - �i. storage on the Property of small quantiaes of Hazardous Substances that are generally recognized to be appropriate to normal • '�.. _
<br /> _ . :._ .�"'= residential uses and to maintenance of the Property. . _--'_
<br /> � ' }; Borrower shall promptly gi�e Lender written notice of azry inveseigation.claim, demand, lawsuit or other action by any �_
<br /> ' � • • �� govemmental or regu�atory agency or private party involving the Property and any Hazacdous Substance or Environmental I.aw , __-:- '�;_�,�._
<br /> � � • ,; of which Bortower has actual knowledge. If Borrower learns.or is notified by any governmental or regutatory suthority,that , , ..: ,_.r.
<br /> �` 1 any removal or other remediation of any Hazardous Substance affecting the Property is necessary.Borrower shall prompdy take ; � ...�-
<br /> �t al1 necessary remedial actions in accordaace with Environmental Law. _
<br /> �
<br /> -�- - �� , :- As used in this paragraph 20. "Hazar dous Su bstances" are t hose su b s t an c e s d e f t n e d a s t a x i c o r h a 7 a r d o u s s u b s t a nces b y .`_
<br /> � .��. ;. Environmental Law and the following substances: gasoline, kerosene. other flTmmable or toxic p�troleum products, toxic �.-
<br /> � • .� pesticides and herbicides,volatile solvents,materials containing asbestos or formaldehyde,and radiaactive materials.As used in '�"'.��
<br /> ��,:_
<br /> . this paragraph 20. "Environmental Law" means federal laws and laws of the jurisdiction where the Property is lopted that '��.r,
<br />_ . - . �':#; relate to heatth.safety or environmenta!protection. . _
<br /> NON-UNIFORM COVENAN7'S.Borrower and Lender further wvenant and agree as follaws:
<br /> � 21.Acceleration;Remedtes.Lender shall give notice to Borrower prior to acceleratton foltowing Borrower's breaci� � _
<br /> of any covenant or agreement in this Security Instrument (but not prEor to accele�adon under paragraph 17 unless •• _�_
<br /> � ' • applicabte taw prov[des otherwise).The nottce shal!specify: (a)the default;(b)ihe actton required to cure the defauth, . ' •��_
<br /> �' � '� • (c)a date, not less than 30 days from the date the aotice is given to Borrower,6y whtch t6e defanit must be cured;and _
<br /> � r (eD that failure to cum the defautt on or 6efore the date speciffed in the notice may result tn acceleratlon oY the sums . -
<br /> } secured by this Security L�strument t►nd sale oY the Property. The notice shall Purther inform Borrawer of the rlght to -
<br /> ' ,+ reinstate atter acceteration and the ri�ht to bring a court actinn to assert the rton-existence of a default or any other . ., .
<br /> ,;- :. .
<br /> � � defer�se of Borro�ver to acceleratton and safe. If the default is not cured on or before the date specif�ed in the notice, � -
<br /> � ' • Lender,at its option, may requlre immediate payment in full ot all sums securec0 by t6is Securlty Insirument without • ,
<br /> � � � � further demand and may invoke the power of sale and any other remedies permitted by applicable la�v.Lender shall be . . .
<br /> • • � entitted to wllect all expenses Incurred in pursuing tice remedies provided in this parap,raph 21,including,but not Iimltett . .
<br />„ � _" • � to,reasonable attorneys'fees and costs of title evidence. � ,
<br /> If the po�ver of sale is invoked, Trustee shaU record a notice of default in eacfi county in �vhlch any part of the
<br /> . � . ( Property is located antl shall mail copies ot such notice in the manner prescriaed by applicable taw to Borrower and to .
<br />' the other persons prescribed by applicable taw.AiYer the time required by appltcabte Ipw.Tn�stee shaU give pu61lc notice .
<br /> ' , �• of sale ro the persons and in the manne�prescribed by appltcable law.Trustee.wlthout demand on Borrower,shall sell . •.
<br /> the Properly at pnblic suctton to the hig,hest bldder at the Nme and place and under the terms desi�nated in the notice of
<br /> -� � ' sale in one ar more parcels and 1n any order Trnstee determines.Trustee may p�stpone sat�of all or any parcel of the
<br /> Property by public anaouncement at the time and place of any previously sclieduled sale. Lender or its deslgnee may
<br /> • purchase the Property at any sale. �
<br /> , � form 3028 9190 _
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