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<br /> 17.Transfer mf the Property or a Bene�icial Interest in�orrower. If all or any part of the Property or any interest�n it � � � � ,�,T
<br /> is sold or transferred(or if a benefcial interest in Borrower is sold or transferrcd and Borrower is nnt a natural penon) without • '_'�
<br /> I.ender's pnar written consent. I.ender may. at iu option. require immediate payment in full of:ill sums �ecured by this �" _ " ` ' ' � � _
<br /> Security Instrument. However,this option�hall not be exercised by I.ender if exercise is prohibited b}•federal law•ati of the date . -
<br /> of this Security Instrument. 1 , --=--
<br /> If L.cnder exercises this option, Lender shall give Bnrrower notice of acceleration. The notice shall provide a periud of nat , -
<br /> . less than 30 days from the date the notice is delivereei or mailed within which Borrower must pay all sums.erured by this � '�
<br /> • Security Inctrument. If Boaower fails to pay these sums priur to the expiration of this period, Lxnder may invoke any remedies • �` �
<br /> ��`' permitted by this S�•curity Instrument a�ithaut further notice or demand oa Borrower. ' .K�
<br /> 18. Barrotiver's Idighi to Reit�state. If Borro�ver meets certain conditions. Borrower shal! ha�e the right to Fv,� _.__ _._ , __ _ __ _-
<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 , , • . �_
<br /> Security� Instrument:or(b)entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower. (a)pays ! _� ,,,_ . �
<br /> L.ender all sums which then would be due under this Security tnstrument and the Note as if no acceleration had occurred: (b) _ _'..:�.,�_.;•�
<br /> cures any default of any other covenants or agreements: (c)pays all expenses incumed in enforcing this Security Instrument. .-`- -"�,''.�
<br /> including, but not limited to. reasonable attorneys' fees; and{d)takes such action as Lender may reasonably require to assure _ . � • ` ^ �_" ---
<br /> • that the lien of this Securin instrument. Lendet's ri hts in the Pro ert and Borrower's obli ation to a the sums secured b " ��"•�"�-
<br /> 8 P Y 8 P Y Y „ >,,.-r�. .. ►_
<br /> ._ this Securiry Inswment shall continue unchanged. Upon reinstatement by Borrower, this Security lnstrument and the , . r TU'°'�"`"="
<br /> obligauons secured hereby shall remain fuUy effective as if no acceleration had occurred.However,this right to rei►utate shall ,:�:�'��'•-�_
<br /> no[apply in[he case of acceleration under paragraph 17. • � a��- �'
<br /> 19. Sale of Note; C e of Loan Servicer. The Note or a artial interest in the Note (to ether with this Securi '���. �
<br /> Inswment)may be sold oneh or more times without prior notice to Bo ower_ A sale may result in a change in the entiry (knovm .. �� ��`�°�•°
<br /> as the"Loan Servicer")that callects monthly payments due under the Note and this Security 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 I.aan Servicer, Borrower will be , -_-
<br /> given written notice of the change in accordance with paragraph 14 above and applicable law.The notice will state the name and �-;'�� � ,_.��.-�.y�._
<br /> � address of the new• I.oan Servicer and the address to which payments should be made. The notice wiU also contain any other � ,.. ;�s� T,,,�, . , ,
<br /> informauon required by applicable law. -
<br /> 20. Hazardous Substantes. Borrower shall not cause or permit the presence, use,dispo�al, storage, or retease of any /: � �
<br /> � Ha7ardous Substances on or in [he Property. Borrower shall not do, nor allow anyone else to do. anything affecting the �� ''+ ... ; �
<br /> � Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence. use. or • `� ...q.� ' � ,';,r
<br /> storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate ta normal ' ''`�` ' ___
<br /> residential uses and to maintenance of the Property. - ----�-r + ��� ' �
<br /> Borrower shaU promptly give L.ender written notice of any investigation,claim, demand. lawsuit or other action by any - -- '"�- ' '�� ' �
<br /> • � �. ; _ .
<br /> governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law
<br /> of which Borrower ha.s actual knowledge. If Borrower learns, or is notified by any govemmental or regulatory authority, that � �^'�'
<br /> �:; any removal or other remediatian of any Hazardous Substance affecting the Property is netessary.Borrower shall promptly[ake �.:;.,r-� `+ .'� �-_
<br /> all necessary remedial actions in accordatic;e with Environmental Law. _;�`�,.�`=
<br /> As used in this paragraph 20, "Hazardous Substances" are those substances defined as[oxic or hazardous substances by ����` ' �
<br /> " Environmental Law and the following substances: gasoline, kerosene. other flammable or toxic petroleum products, toxic �,-; �;.�"
<br /> pesticides and herbicide�y,volatile solvents, materials cantaining asbesto�or formaldehyde,and radioactive materials.As used in �bt
<br /> this paragraph 20. "Environmental Law" means federa! laws and laws of the jurisdiction where the Properry is lacated that ,;: "�'
<br /> relate to health,safety or environmental protectioa ��r,: �'-=
<br />• • NON-UNIFORM COVENANTS.Borrower and Lender further covenant and agree as fallaws: - - �� �?�
<br /> 21. Atceleration; Remedies.Lender shall give nottce 4o Horrower prior to acceleration tollosving Borrower's breach ��'�"=-=
<br /> of any covenant or agreement in this Security Instrument (but not prior to acceleratton under paragrapt� 17 unless `
<br /> applicable law provides otherwise).The notice shaU speclfy: (a)the default; (b)the actlon required to cure the defaulh - r��.
<br /> . � (c)a da4e,not less than 30 days fram the date the notice is given to Borrower, 6y whtch the default must be cured;and ` �:,�,'''
<br /> (d)that failure to cuee the default on or before the date specified in the noiice may result in aceeleration of the sums . ` �
<br /> secured by this Security Instrument and sale of the Property.The notice shall further inform Borrower oY the right to �:" '•. ., �' �- �'•
<br /> reinstate a�'ter acceleration and the�iPtet to bring a court action to assert the nott�xistence of a default or any oiher .
<br /> defense of Borrower to aoccteration and sale. IP the detault is not cured on or before the date specified in the notice� •• _ - . ._-
<br /> Lender, at its option, may require immediate paymeat in full of all sums secured by this Securlty Instrument without •_
<br /> further demand and may invoke the power of sale and any other remedies permitted by�pplicable law. Lender shall 6e '." ..:- :�,,, �,,.-;; .r'�
<br /> entitted to collect all expenses incurred in pursuing the remedies provided in this paragraph 2D,inctuding,bu3 not Iimited r : .•- � •
<br /> to.reasonable attorneys'fces and costs of title evtdence. . �-��=�°�- —"
<br /> If the puwer of sale is invoked, Trustee shall record a notite of default in each county in which any part of the `��'��"
<br /> Property is tocated and shall mail wpies of such nol�ce in the manner prescribed by applicable law to $orrower an�to ..,z," " ^�sE�'-�_`��
<br /> the other persons prrssri6ed by appliasble law.Af'ter the time required by applicabte law,Trostee shall give publtc notice _
<br /> of sale to the peisons and in the manner prescribed by applicable law. Trustee,without demand on Borrower,shall sell 3•;��=_��--�-• {'" '�
<br /> the Property at public auctfon to the hi�hest bidder at the time and place and under the terms designated in the notice oY ;��� � --�'�-
<br /> sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of ail or any parcel of the • ..���
<br /> Property by pvblic announcement at the time smd place of any previously scheduled sale. l.ender or its d�lgnee rmay �:;.°�;�,K;;:�w.;,,i';�•:,;.�;.__
<br /> purchase the Property at any sale. • -•.�� �
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