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98--ic�zs�o
<br /> 16.Borrower's Copy. Bonower shall be given one conformed copy of the Note and of this Security Inswment�
<br /> 17.Transfer of the Property or a Beneficia!Interest in Borrower. If all or any part of the Property or any interest in it is
<br /> sold or tcansferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without
<br /> Lender's prior written consent,Lender may, at its option,require immediate payment in full of all sums secured by this Security
<br /> Instniment However, this option shall not be exercised by L,ender if exercise is prohibited by federal law as of the date of this
<br /> , Security Instrumen�
<br /> If Lender exercises thjs optio der shall give Borrower notice of acceleration.The notice shall provide a period of not less
<br /> than 30 days from th'`t� n �"�'deliirered or mailed within which Borrower must pay all sums secured by this Security
<br /> Instrumen� If Borro� r f a ''th'�`dm���rior�to the expiration of this period,Lender may invoke any remedies permitted
<br /> by this Security Ins _'�noticl�bi�demand on Borrower.
<br /> 18.Borrower's Right to Reinstate.—If'�Borrower meets certain conditions, Bonower shall have the right to have
<br /> enforcement of this Security Instrument discontinued at any time prior to the earlier of: (a) 5 days (or such other period as
<br /> applicable law may specify for reinstatement)before sale of the Property pursuant to any power of sale contained in this Security
<br /> Instrument;or(b)entry of a judgment enforcing this Security Inswmen�Those condidons aze that Bonower:(a)pays Lender all
<br /> sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any
<br /> default of any other covenants or agrcements; (c)pays all ezpenses incurred in enforcing this Security Instrument,including,but
<br /> not limited to,reasonable attorneys' fees;and(d)takes such action as Lender may reasonably require to assure that the lien of this
<br /> Security Instrument, I,ender's nghts in the Property and Borrower's obligation to pay the sums se�ured by this Security
<br /> Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument and the obligadons secured
<br /> hereby shall remain fully effecdve as if no acceleration had occurred,However,this right to reinstate shall not apply in the case of
<br /> acceleralion under paragraph 17.
<br /> 19.Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security
<br /> Instrument) may be sold one or more times without prior nodce to Borrower. A sale may result in a change in the endty (known
<br /> as the"Loan Servicer")that collects monthly payments due.under the Note and this Security Instrumen�There also may be one or
<br /> more changes of the Loan Servicer anrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be
<br /> given written nodce of the change in accordance with paragraph 14 above and applicable law. The notice will state the name and
<br /> address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other
<br /> information required by applicable law.
<br /> 20.Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any
<br /> Hazardous Substances on or in the Properry. Borrower shall not do,nor allow anyone else to do,anything affecting the Propercy
<br /> that is in violation of any Environmental Law.The preceding two sentences shall not apply to the presence,use,or storage on the
<br /> Property of small quantities of Hazardous Substances that are geneaally recognized to be appropriate to normal residential uses
<br /> and to maintenance of the Property.
<br /> Borrower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by any
<br /> governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law
<br /> of which Borrower has actual knowledge. If Borrower learns,or is notified by any governmental or regulatory authority,that any
<br /> removal or other remediation of any Hazardous Substance affecting the Property is necessary, Bomower shall prompdy take all
<br /> necessary remediai actions in accordance with Environmental Law.
<br /> As used in this paragraph 20, "Hazardous Substances" are those substances defined as toxic or hazardous substances by
<br /> Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic
<br /> pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As used in
<br /> this pazagraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate
<br /> w health,safety or environmental protecdon.
<br /> NON-UNIFORM COVENANTS.Borrower and Lender further covenant and agree as follows:
<br /> 21. Acceleration; Remedies.Lender shall give aotice to Borrower prior to acceleration following Borrower's breach of
<br /> any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraph 17 unless
<br /> appGcable law provides ot6erwise).The notice shali specify: (a) the default; (b) the action required to cure the default; (c)
<br /> a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d)
<br /> that faflure to cure the defauit on or before the date speci�ed in the notice may result in acceleration of the sums secured
<br /> by this Security Instrument and sale of the Property. T6e notice shall further inform Borrower of the right to reinstate
<br /> after acceleration and the right to bring a court action to assert the non-existence of a default or any other defense of
<br /> Borrower to acceleration and sale. If the default is not cured on or before the date spec�ed in the notice, Lender, at its
<br /> option, may require immediate payment in full of all sums secured by this Security Instrument without further demand
<br /> and may invoke the power of sale and any other remedies permitted by appGcable law. Lender shall be entitled to collect
<br /> all expenses incurred in pursuing the remedies provided in t6is paragraph 21, including, but not limited to, reasonable
<br /> attorneys'fees and costs of title evidence.
<br /> If the power of sale is invoked, Trustee shall record a notice of default in eac6 county in whic6 any part of the
<br /> Property is located and shall mail rnpies of such notice in the manner prescribed by applicable law to Borrower and to the
<br /> other persons prescribed by applicable law. After the time required by appticabte law, Trustee shall give public notice of
<br /> sale to the persons and in the manner prescribed by applicable law. Trustee,without demand on Borrower,shall sell the
<br /> Property at pubGc auction to the 6ighest bidder at the time and place and under the terms designated in the notice of sate
<br /> .
<br /> �-6R(NE)�s2�z�.o� Form 3028 8/90
<br /> Paaa s or s
<br /> �n�t�a�s:
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