. ., .��..-_... . . ':. � .. .. .. ... . . .. �. . . . > . . .. . � .: ' -
<br /> �_.._ ee�� � � ' �_
<br /> 1 �.��°�'��_ --- -- -- . - . _ -
<br /> � 17.TransFer of!he Propet4y or a BeaefEctal Interest in Bosmwer.If all or any part of the Property or any inte�st in it , , ` .M
<br /> is sold or cransferred(or if a heneficial inte�st in Borrower is sold or cransferred and Borrower is aot a nacural person)without �. . �:,
<br /> ' � Lender's prior written cansent, I.ender may, at its oprion, require immediate payment in fuil of all sums s�cured by this � . . -
<br /> Security fnstrumeat However,this optioa shall not be exercised by Lender if exercise is pmhibited by federal law as of the date � ,4
<br /> of this Se�aui Insaument. �� , ���=
<br /> � � If Lencletyr eaercises this option,L.ender shall give Borrower norice af acceleration.The notice shall provide a period of no2
<br /> � less than 30 aays from the date the nodce is delivered or mailed within which Borrower must pay all su�secUred by this . . . _
<br /> • S�rity Instrument.If Barrower fails to pay these sums prior to the expiratioa of this period,Lender may invok�e suy remedies .
<br /> � permitted by this Secarity iastrument without further notirx or demand on Borrower. : � ��
<br /> 18. Borrower's Right to Reinsta4e. If Borrower meeu certain conditions, Borrower shall have the right to have
<br /> �� enfo:oement of ihis Security Insuument discontinned at aaY t� Prior ta the earlier of: (a) 5 days(or such other period as ,
<br /> applicable law may specify for reinstatement) before sale cf�e Fregerry pucsuant to anY PflWer of sale contained in this ��` .i
<br /> . � S�ty�ncm,menr or(b)eatry of a judgment enforcing th�5�.:�ity 3=.stn�mP*,r.Tfiose conditions am that Borrower.{a)Qays --- --;`
<br /> Lender all sums w�i:.h then wonld be due�sr this Security t^�"°'•.aad the Noie as if no aaxleration had occurred; (b) .
<br /> cures any defau'.t of a�xy oflter�renants �:��zements; (c)Pays all erre�ses incurred in enforcing this Security Insuumeat. � '. �'�: . ''
<br /> � including,but not�.::ted co,r�onable attomeys' fee.s; and(d)takes sL;.'�action as Len�ler may r�asonablY requue co assure .
<br /> that the lien of this Security �*n�? I.ender's rights in the Property and Bortower's obligation to pay the sums sacured by � �
<br /> - - this Sec+Jriry instrument shall continue unchange�t. Upon reinstatement by Borrower, this Secunty Instmment and the — -- .- _� =- �
<br /> - obligations secured hereby shall remain fuUy effective as if no acceleiation had occurred.However, this nght to reinstate shali -r ' .<..."
<br /> not apply in the case of acceteration under paragrapb 17. � �"�--�-
<br /> 19. Sale of Note; Cl�ange of Loan Servtcer. 1he Note or a partial interes[ in the Note(together witb this Serurity . . � � �
<br /> Instrument)may be sold one or mote pm�ss without prior notice to B orrower.A s a le may m,s u l t in a c h az►g e i a th e eati ty(i mown , . �T_,',
<br /> m
<br /> as the'Loan Senricer')that collects monthly payments due under the Note and this Security Instnunent. There also may 6e one y�
<br /> or more change�of the Loan Servicer unrelated ta a sale of ths Note.If there is a ctkwge of the Loata Setvicer.Borrower will be . '='°= -_.__
<br /> given writtea aouce of the change in accordaace with paragaaph 14 above and applic�ble law.The aotice will state the name and • r �.�� -:_„-
<br /> . address of the new Loaa Sen+icer anc!the address co which paymeats shoald be made. The aotice will also contain any other - •.•' '°��.�r-.
<br /> j information iequire.d by apPlicabte law. � .` `�"_=W_
<br /> .� 20. H�rdous Substance9. Borrower shali not cause or permit the presence, use, disposal. s[orage. or retease of any . � .#. ,,i;�-_:°
<br /> � � Httzardous Substences on ot in the Properry. Borrower shall not do, aor allow anyone etse to do, anythwg affxt�ng the - �. ,
<br /> . ProPlnY that�S in violarioA of any �Cnviro�aeutal Law.'Ihe preceding taro sentences shall uot appiy to ths presence. use, or _ . . ' `�'`��,�°
<br /> storage on the Pcoperty of gmall quaatitie3 of Ha7ardous Substaaces that ate generally recognized to be appropriate to normal ,, _
<br /> •. qw-�:.
<br /> •� reaidcntial uses and[o maintenance of the Property. - ,
<br /> • 'f Borrower shall prompdy give Lender written notice of aay investigation, claun, demand.lawsuit or other action by any . �� .
<br /> �-�. �;,'��`•.-
<br /> g4vemmental or regulatory agency or private parry involving the Property and any Har.ardous Substance or Environmeatal Law Y'„�
<br /> of which Borrower has actual lmowtedge. If Borrower learns,or is nopfied by any governmental or regulatory autdority, that . Y �
<br /> . an Hazardous Substance affec:t�in the Property is necessary,Borrower shall promptly take - - ;�' ��': '.-
<br /> any removal or other remediauon of y e� ng
<br /> aJl necessary cemedial actions in acxordance svith Environmental Law. . •:�:- .
<br /> ps�sed ia t6is paragraph 20. "Hazardous Substances°ue those substances defined as tozic or hazardous substances by - • �='
<br /> ' g.nvironmental Law and the following substances: gasoline, keroseae, ether flammable or toxic petroleum praducis. toxcc -�. :,
<br /> , pesticides and herbicides,volatile solvents,materials containing asbestes r_`ormaldehyde,and radioactive materials.As used ia ��•�•., -
<br /> ..i�....•: -
<br /> tlus paragraph 7A. 'Environmental Law" means federal laws aad laws c�che jurisdiaion where the Property i s l o c a t e d t h a t �:c-.�;:, :;:, :.
<br /> � relate to health,safety or environmental protection. r � ,':
<br /> . ; NON-UNIFORM COVENANTS.Borrower and Lender further covenant and agree as follows: . �! , , .
<br /> 21.Acce".c�on;Remedics.I.pnder shaYl give notice to Borrowar prtor to acceleration fogawtng Borrower's 6reac(� `1� .
<br /> of any covec�a�i or agreemeat in thls Secm�ty Iastrameat (bat aat prlor to ucceleraHon under garagraph 17 anless - ��. .�
<br /> � applicable law provtdes ot6erwLse).'lY�e notfce shall spedf�: (a)thc dePonit; (Rr)the act[on required 4o cure the default. `
<br /> (c)o date,not tess th�n 30 days from the date t�e notice is givea to Borrower,by whIch the defautt mast 6e arr�d;and 1 :�^�•-�
<br /> :,,, ��• :'.�>_�—
<br /> (�that faii�e to care the detault on or before the date specIfied in the notice anay result in acceterattoa o4 the s�s �• a?�►�-
<br /> ' s�by tMfs Security IasGrnment and sale of the Properly. The nottce shall furiher inform Borrower ot the right w � r�.: .J,--
<br /> .� r¢instate after�r.�eleratioa and the right to bring a conrt adion C�assert the non-e�dstence ot a default or any ot7�er n
<br /> . �v eration and saie.If the defaWt is u�s c�.red on or before the date specified in the aotice, .;�-�.-.,.� :-
<br /> d e f c a s e o t B o s¢�, e r t o a c c e l
<br /> Leader, at Its a�nn, may reqaire immediate paymeat in full of aID 5mns s e c c s e d b p t h i s S e r�r i t y I n s t r u mea t w i t h o u t - --_ .
<br /> e a
<br /> tmt6er demand aad may i�soke the power ot sale and�ny other eea2dtes pes�i�ed by appllcable law.Lender shall be �, ;4. ��
<br /> • ent[tled W ao1lect aU expeaszs incarred in pnesutng the remedies pmvided In t h i s�ragtaP L 21,indading,b�not Umfted -- •��-"'-__-'
<br /> to,reasonable aB�nmeys'fees and casts af title evldeace. ';,.ay4 = '.�
<br />. �� U the po�rr ot sale is iuvoked,Tnrstee shall record a n+�Uce aY defaait in eseb coanty in wWch amy�rt o!the '�,-_��.�,.�;y-
<br /> n
<br /> Propert�!s tocatod an d s h a ll m a i l cop ie9 o t sv c 6 no t ice ia t he m�e r p s e s M b e d b y a p p l t w bl e l aw to Bon+ower and to ��,;�' —
<br /> the other peisoas prescribed by appllcable Iaw.After the time requtred by appllcable Iaw,Trustee sLaU give pnbltc na3ice - .�,..�.:�_ �`-
<br /> of sale to the petsons and in the manner prescribed by appllcable 1aw.Trastee,w[thout demand on Borrower,sl�ll se11 �`'�'�` '�° •
<br /> the Property at publtc ancdon to the dig6es4 bfdder at t[ze time and place and under t6e terms d�signa4ed in the aotice ot _.,'���,�;.�
<br /> sa3e In one ac rrre parrels end 1n anY order'IYustee determine�.'D'n�stee may postpone sale of all or any parcel of the �:;,�., ,,.�_
<br /> Pesoperty by Lsufi[f,e annomtcement at t6e ttme�►nd place of any�viously sche�aled sale.Lender or Its designee may • '::•�+�.
<br /> ,� pnrcdase the L�t:a�erty at any sale. � �, , •
<br /> : . .. , :,t,�.�_
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