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<br /> � . 17.Traaster of the Property or a Beneficisi taterest in Borrower.If all or any part of the Pfoperty or any on without
<br /> � ` L is sold or transfened(or if a beneficial interest in Borrower is sold or uansferced and Borrower is not a natura!pers ) ,W���,,� . - ,
<br /> � , � � { Lender s prior �vriuen consent, Lender may. at its option, require immediate payment in full of all sums seared bY this ��
<br /> �� ��` Security Instrument. However,this option shall not be exercise�hy l.ender if exe�ue is prohibited by federal Law as of the date
<br /> , ° � of this Security lnstrument. � • .
<br /> � 1�i If[.ender exercises this option.Lender shall give Borrower nodce of acceteration.The notice shall provide a period of aot ,
<br /> - --s ���at� 3p days from the date the notice is detivered or mailed�vithin which 8orrower must pay all sums secured by this �,. _
<br /> , �z Security Insuument. If Borrower fails to pay these sums prior tn the expiration of this period•L,entler maY inmke anY�°��� ; �:`, '`
<br /> permitted by this Security Insuument without further notice or demand on Barrawer• , t�•: '• •v.�_
<br /> ' � 18. Borrowe�'s Right to iteinstate. If Borrower �S ceRain conditions. Borrower shall have the right to have ,.:��i.�
<br /> � .'� enfo:cement of this Security instrument discontinued at any ame pnor to the earlier of: (a) SQdae s�(f sale coniain�nn this "
<br /> -�-- ` apPtipble taw may specify for reinstatement) before sale of[he Praperty pursuant to any p , , � � •..;.�:� ,
<br /> � Securiry Insuument:or(b)eatry of a judgment enforcing this Security Insdumsnt.Those conditions are that Borrower.(a)paYs , .:-• .,'.. .. ..,..
<br /> `' Lender all sums whach then would be due under[his Security Insmiment and the Note as if no accelerazion had oocumed; (b? � ,�..�-,-•-�- -_
<br /> a s alt e nses incurr�in enforcing this Security InstmmerR. '.�--�=';.
<br /> � t cures.any default uf any other coveaants or agreements;(c)p y � - -
<br /> ' • ': i including, but not timited to.reasonable attomeYs'fces;and(d)takes such acdon as Lender may ceasonablY�1���'�� ;-�"'- -
<br /> ` ; that the lie»of this Securiry Instrumen�Lender's rights in the Property and Borrower s obligarion to pay the sums secured by f,f,f ,` —
<br /> this Secvriry Ir�strume�t shall continue unchanged• UPan reinttatement by Borrawer, this Security Instiument aad the <: ' ' _ _
<br /> this right to reinstate shall
<br /> � . '..�;� obligarion,s secured hereby shall remain fully effectivl�if no acceleration had occurred.However, �•;�
<br /> ' . � 4 not apply in the case of accelerapon under paragrap ___
<br /> � -�. 19. Sale of Note; Change of Loan Servtcer. The Note or a partial interest in the Nute (together with this Security —
<br /> • • � lnstrument)may be sold one or more times without prior napce to Borrower. A sale may result in a change in the entity(known ��
<br /> ' as the"Loan Servicer")that callects monthly paymenu dae under the Note and this Security Instrument.There also may be aae ':�, �,__
<br /> ' " ' . '".� or more changes of the Loan Servicer unretated to a sale of the 1�Iote-If there is a change of the Loan Servicer,Borrower will be �:_�4, �
<br /> ` given written notice of the change in accordance with ParagraPh 14 above and applicable law.The norice will state the name an� �
<br /> address of the new Loan Servicer and the address to which paymenu should be made.The noace will also contain any other �• �;�,i
<br />� '_;�' information required by applicable law. . ��
<br /> , . Zp. �layardoag Substances. Borrower shall nat rause or permit the presence. use. disposal. storage. or re��n� �e ,,.�'r,._y r'
<br /> Hazarda�s Substances on ur in the Pcoperty. Borrower shall not do, nor allow anyone else to do, anything : ���,r.
<br /> : Property that is in violation of any Environmental Law. The preceding two sentences shall�not apply to the presence,use.ar t.�..;_��,,u. ,=�-_�
<br /> ' . , storage on the Property of small quantities of Hazardous Substances that are generalty recognized to be appropriate ta normal �`-�_
<br /> � � residential uses and to maintenance of the Property. . �,-
<br /> � Borrower shall promptly give Lender written notice of any investigapon,claim.demand, lawsuit or other action by any `. �
<br /> � ` � � ,� governmental or regulator�r::�ency or prlvate party involviag the PrupertY and any Hazardaus Substance or Environmental Law , ._ _
<br /> ' ' of which Borrower has actual tcnawledge. If Bonower Eearns, or is ngtified b p�govemmental$o0r�oegalai��aa omn�•�e ' �� _
<br /> � ' ' any removal or other remediation of any Hazardous Substance affectin the Pro e is necessary. P P Y . m:.-�.
<br /> all necessary remedial actions in accordance with Environmental Law• �'D'�''
<br /> •. ' As.used in this paragraph Z0, "Ha7ardous Substances"are those substances defined as toxic or hazardous substances by . ,,....���•
<br /> Environmental I.aw and the followiiig substances: gasoline. kerosene, other flammable or toxic petroleum products, touc :�:�q
<br /> -- - -- -� pesricides and herbicides,volatile solvents.materials wntaining asbestos or fomiatdehyde.and radioactive�eri us`�A�st�s�i i . ' _
<br /> � � this paragraph 20, "Environmental Law" means federa] laws and laws of the jurisdiction where t he Pro r t y ' 'r;,,�^
<br /> ' � relate to health,safery or envirnnmental protection. ,_ �t'�_`
<br /> � NON-UMFORM COVENANTS.Borrower and Lender further covenant and agree as follows: `� --
<br /> " � � 21.Acceteratlnn;Remedies.Lender shall give nonce to Barrower prtor to acceleration follo�ving Barrower's breach '. .:�'_Y�
<br /> of any covenant or agreement in this Security Instrument (but not prior to acceteration under paragrapb 17 anless ; , .` :��-
<br /> � ' . a p pltcabie Iaw prov�des othenvise).The aotice shall specify: (a)the deFauit; (b b Yh��v i�i i c�h i�h e d e tault must be�cured4 and • r,� � .Y�,
<br /> � (c)a date,not less than 30 days i'rom the date t he no t tce is g i v e n t o B o r r o w e r, , .
<br /> ' ' (d)that failare to cure the default on ar before the date specified in the noltce may result in accetesation of the sums . : �..
<br /> .� ...,FL secared by this Securlty lnstrument and sate of the PropPRy.The nottce shall fucther inPoPrn Borrowe�of the rtght to , • . �'-z_-
<br /> reicutate after acceleration and the right to brin�a conrt action to assert the nan-existeace of a default or any other . .
<br /> :. ,;� defen5e of Borrower to acceteratioa artd sale.If the default is not cured on or before the date specii7ed in the nottce,
<br /> � Lender, at its option. may reyuire immediate payment in full of all sums secured by this Securlty Instrument wit6out
<br /> further demand and may invoke the power of sate and any other remedies permitted by�PZ1��n�l;uding,6ut not I�im�tted .
<br /> •`' . entitted to collect all expenses incurred in pu�su�ng the remedies provtded in ihis puragrap ,
<br /> ,; to,reasonable attorneys'fees and co�ts oY title evidence.
<br /> If the power of sale is invoked. Trustee shaA record a notice of dePault in eash county in which any part of the
<br /> • ' ' PropeRy is located aad shall mail coples of such nottce in the manner prescribed by applT�ce shall�1 e p blic noitce . ' .
<br /> ' the other persoas presc�ibed by applicable Is►w.After the time required by applicable law, • • ,
<br /> of sale to the persons ai►d in the manner presc r i b e d by app l ica b te la�v. T r u�t e e,w i t h o u t demand on Borrower,shall seil ..
<br /> , the Properly at public auction to!he highest bidder at the time and piace and under the terms designated in the notice of ' . . __
<br /> . � • �• sale in one or more parcels and in pny order Trustee determines.Trustee may postpone sale of all or any parcel of the , ^ . .
<br /> property by public announcement nt the time And place of any previously scheduled sple. Lender or its designee may �.
<br /> ' purchs�se the property at any sale. . ,, �
<br /> . �- Form 3028 9/90 . . .
<br /> . � • . _ � . P.igo 5 ot B � � • � �
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