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<br /> � • 17.'Q'ransfer of the Property or a Beueficial Interest in Borroir•er. If all or any part of the Property ur any mteres m it ; , . �
<br /> , i�sold or transferred (or if a beneficial interest in Borrower i�sold or transferred and Bormwer is not a natural person)without �.
<br /> Lender's prior written conssn[. L.ender may, at it� option, require immediate payment in futi of all�sums secured by this • ��.;F =_: -
<br /> Security Instrument.Howe��er,this option shall not be exercitied by ixnder if exercise i.prohibited by federal iaw as of the date . ,
<br /> of this Security instrument. � . , �
<br /> ' If Lender exercises this option.Lender shall give Borrower nutice of 3cceleratian. The rtutice shall provide a period ot not ,
<br /> less than 30 days from the date the notire is delivered or maileA within which Borrower mu�t pay all sums secured by this • � .
<br /> Security Instrument. If Bvrrower fails to pay these sums prior to the expiration of this period. Ixnder may invoke any remedies _
<br /> permitted by this Security In,wment without further notice or demand on Borrower. ___ ___ ____,.____ _ __
<br /> d8. Borrower's Ri�ht to Reinstate. If Borrawer meets cenain conditions. Bonuwer shali have the right to have �
<br /> • enfarcement of this Security [n,t:ument discantinued at any time prior to the earlier uf: �a) 5 days (or such other period as � :_ ;.. -«..�
<br /> - apptirable law may specify for reinscatement) before sale of the Property punuant to any power of sale contained in this -•� -�-�•r�i�r.�--5
<br /> `� Securiry Instrument:ur lb)entry of a judgment enforcing this 5ecurity Instrument.Those conditions are that Borrower:(a)pays - - - . - � �.� • �,
<br /> `-' Lender all sumti which then would be due under this Security Instrument and the Note as if no acceleration had occarred: (b) , _,_ .. . _ _
<br /> curea any default of any other covenants or agreements: (c) pays all expeases incurred in enforcing this Security Instcument. - .
<br /> including, but not limited to, reasonable attorneys' fees; and(d)takes such action as Lender may reasonably requ�re to assure � .:��s
<br /> • that the lien of this Security Instrument. Lender's rights in the Property and Borrower's obligation to pay the sums secured by :,-r •. .. ;•�,,;,;.g
<br /> this Securiry Instrument sh:ill cor.tinue unchanged. Upon reinstatement by Borrower, this Secunty Instrument and the -xi�_ ' '`.�,�;
<br /> obligations secured hereby shall remain fully effective as if no acceleration had occurred. How•e�er, this right to reinstate shall _—�x
<br /> not apply in the ca,e of acceleration under paragraph 17. �•+�_`g�="�-"r
<br /> 19. Salc of�lote; Change oF Loan Servicer. The Note ur a partial interest in the Ivote (cogether with this Security ���,. �,
<br /> ' Irutrument>may be sold one or inore times without prior notice to Borrower. A sale may result in a change in the entity(known �,;,s • , _
<br /> . as the"Loan Servicer")that collecu monthly payments due under the Note and this Sec:urity Instrument.There also may be one ': .' ` '�„�� __
<br /> or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the l.aan Servicer, Borrower will be �•;�:� •_;; T:�-==---
<br /> .._ given written notice of the change in accordanceµ•ith paragraph 14 aboce and applicable law. The notice will �tate the name and _ - -�,��s��
<br /> - addcess of the new Loan Servicer and the a3�rc5s to w�hich payments should be made. The notice will elso contain any other ��;,�;�'s
<br /> ';• inCormatiun required by appli�able law. •
<br /> ` 20. Hazardous SubsWnces. Borrower shall no[ i:ause or permit the presence. use,disposal, storage. or release uf any : `', .. .,�._:-
<br /> Hazardous Subtitances on or in the Propeny. BorroWer ,hall not do. nor allow an��one else to do, anything affecting the �':.=-�-• :•,;;}:_.
<br /> '' Propeny that is in violation of any Environmental Law�. The preceding two �entence;shall not apply to the presence. use. or ,� - {,,. ._
<br /> " starage on the Property of small yuantities of Hazardou+ Subtitanceti that are generally recugnized to be appropriate to normal . .
<br /> _.��._
<br /> • residential uties and to maintenance uf the Property. ""�' - ���'
<br /> ' Borrower�hall promptly give Lender written notice of any im•e,tigation,claim, demand, lawsuit or other action by any , : • ����.�;
<br /> govemmental or regulatory agency or private pany involving the Praperty and any Hazardous Subsiance or Em•ironmental Law ,. .. ' , �r� .
<br /> � � of which Borrower has actual knowlecige. If Borrower learns, or is notifed by anv govemmental or regulatory authority,that '. .-�-,�r ,� .:�:' `
<br />" any removal or other remediation of any Hazardous Substance affecting the Property i,necessary.Borrower shall prompdy take :.�'., ,�• ..
<br />• all necessary remedial actions in accordance with Environrrtenta) Laa. � , �� �{ ` �
<br /> Ati used in this paragraph 20, "Hazardous Substances" are those tiubstances definecl as toxic or hazardous substances by �� ���� �'
<br />� Environmental Law and the foUowing substanceti: gasoline, kerosene. other flainmable or toxic petroleum prvducts, toxic �f' �
<br /> pesticides and herbicides.volatile solvents. materials containing asbestos or formaldehyde,and radioactive materials.As used in
<br /> this paragraph 20, "Environmental l.aw" means federal laws and laws of the jurisdiction where the Property is lacated tbat � �� `'
<br /> . relate tn health,safety or environmental protection. ='
<br /> NON-UNiFORM COVENANTS. Borrower and L.ender further covenant and agree aa follows: ;�,'�u�. _
<br /> 21. Acceiecation;Re�nedies.Lender shall give notice to Borrower prior to acceleration followfng Borrower's breach ��r__=
<br /> of any covenant or ugreement in this Security Instrume[�t (but not prlor to acceleration uQder para�aph 17 unless :� -
<br /> . appltcable law provldes otherwise). The nottce shall specify: (a)the default; (b) the action required to cure the default; _ -
<br /> (c)a date.not less than 30 days t'rom the date the natice is given to Borroiver, by whlch the default must be cured;and _
<br /> �� (d) that failurn to cure the defautt on or before the date specified ln the notice may result in acceleration of the sums �-;,� _ —
<br /> secured by this Security Instrument and sale of the Propert}�. The nottce shall further inform Borrower of the right to — --
<br /> � reinstate ai'ter aceeleratton and the right to bring a court action to assert the nan-existence of a default or any ather [-;, . .-F-�.:�_ _
<br /> � defense of Borrower to acceleration and sale. If the default is not cured on or beYore the date specitied in the nottce, �______ -
<br /> t,Qnder, at its option. may require immediate payment in full of ali sums secured by this Security Instrument without �
<br /> � • further demand und may invoke the power of sale and any other remedies permitted by applicabte law. Lender shall be :•-�: �
<br /> entitled to collect a0 expenses incurred in pursuing the remedies provided in this paragraph 21,including,but not limited . . . __
<br /> ' to,reasonable attorneys'fees and co.sts of title evidence. �-='�"�_
<br /> If t6e power of sale is invoked,Trusiee shall record a nottce of default in each county in which any part of the �•V,�-;
<br /> , • Property is loqted and shall mail copi�of such notice in th�e manner prescribed by applicable law to Borrower and to ,,.�,
<br /> the other persons prescribed by appltcable law.After the Nme required by applicabte law,Trust�shall give public notice
<br /> • of sale to the penons and En the manner prescribed by appiipble la�v.Trustee. withoui demand on Bma�ower,shall sell �:.,...tl.,,..,. :
<br /> � the Property at publlc suct�on to the hip,hest bidder a3 the time and ptace and under the terms designatefi i�the notice of y,��:-�
<br /> = sale in one or more parceis and in any order Trustee determines.Trustee may postpone sale of alt or any parcel of the ;�,��.;�,�rp,�;_,,.
<br /> ' Property by public announcement at the time and place of any previously scheduled sale. Lender or its desiR►tee may ��+�'���'_:
<br /> parchase the Property at any sale. ,^��'u•: ._
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