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<br /> 1�.Transfer of the Property�ar a Beneficial Inte�r�t M Borro���er. II al1 ur any pun ul thc Pra�n:tt5 or any interetit in it . �_3�
<br /> i's sald or tran.ferred lur if a benefiri;il interc�t in B��rrc�wrr c+ +t�ld i�r tramferred and Borraaer i.nrn a natursl per+nn)without
<br /> � L,ender'� prior written cim,ent, l.ender may. :+t it� option, reyuere immt�iiatr p•r>ment m Cull ut :II .um+ +ccw�Yl by this `. -
<br /> Security Intitrument.Hou�e�'er,thiti c�ptinn.hall not be eacrcixKi hy l.ecuier rf�xerc��e►.pmh�ba�til hy !'�tiier.�l law a,uf the Jate -
<br /> uf thi.Security Imtrumcnt. ` • __
<br /> ' If Lender exerci.e+thi,optiun. Lender.hall gi�•e Burrawer n��tice��F acc�lrr3uon. Tli�nutire�haU pmctJe a peri�xi af not _
<br /> Ie+� than 30 day� fmm the date the notice i�delivered nr mailed within �vhirh Borrc�«rr �nu.t pay all +umy.erur� by thi� ,.
<br /> Security In,trument. If Borrower fails ta pay the,e+umti pnar tu the expiration of thi.penud. Lrndcr may imukc any remedies _
<br /> permittesi by this Sxvrit}�[n,trument with�wt further nuti�Y or demand on Bornnver. - ------ _ �
<br /> 18. Borrower's Ri�ht to Reit�state. !f Bormwer meet. renain ronditiom. Bi�rrower .haU ha��e che right to have
<br /> enforcement ��f this Security lmtrument di�rontinucYl at any time priur tu the c:arlier of: 1a1 5 dayti ���r +urh other peri��d :n � _
<br /> applirable law� may specify for reinstatement► before cale uf [he Property punuant to any puwer uf �ale ccintainecl in thi� ` , _ _.
<br /> Security Instrument:or lb)entry of a judgment enforc"tng thi+Security lnstrument.Tho,e utndition�are that Borrou�er. (a)pays
<br /> Lender all sums which chen would be due under thi�Security Instrument and che Note a, if no acceleratiun had occurred: (b) � '.. .. . _
<br /> cures any default of any uther�rovenanu or agreements: lcl pay�all expenses incurced in enforcing this Security lnstrument, __._
<br /> includiag. but not limited to,reasonable attomcys' fee�: and (J)takes such actinn as Lender may rra.ionably reqwre w 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 < _ _ •s�_
<br /> this Security Instrument shall continue unchanged. Upon reintitatertent by Borcnwer. this Secunty Imtrument and the . . ,•'=.;��
<br /> obligations secured hereby shall remain fully effective a+�f no an-eleration had o.curred. How•ever,this right to reinstate shall . •<�"�___'_�•
<br /> ' not apply in the case c�f accelerapon under paragraph 17. . . ` ��`��
<br /> 19. 5ale of Note; Change of Loan Servtcer. The Note ur a partial interest in the Notc Itogethcr with this Security �„i------- -
<br /> � �..c�."`,�—
<br /> ` Instrument>may be sold one or more[imes without prior no[ice to Borrower.A sale may resutt in a change in the entity (known �� - _
<br /> as the "Loan Servicer"?that coUect+monthly paymenGti due under the Note and thi.Secunty [iutrument.There alsn may be ane =,�,r,,.,. .___
<br />. � or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer.Borrower will be -� �'i� ���
<br /> given written notice of the change in accordance with paragraph 14 above and applicable law.The nntire will state the name and
<br /> ; � address of the new Loan Servicer and the address to which payments.hould be made.7'he notice will also cantain as�y other _ �
<br /> infortnation required by applicable law. �J�"
<br /> `� 2Q, Hazardous Substances. Borrower shall not c:ause or permit the pr�ence. we, disposal. storage. or release of any ,'�. ..
<br /> . .F Hazardous Substances on or in the Property. Borrower shal! not do. nor allow xnyone else ta do, anything affecting the �•. •
<br /> '.,,� Property that is in vialation af any Envimnmtntal Law. The preceding two sentences shall not apply to the presence, use, or ,�y ,�
<br /> s[orage on the Property of small quantiti�s of Ha�ardous Substances tfrai are generally rewgnized to be appropciate to normal �?��'t�.�
<br /> � ; residential uses and to maintenance of the Property. -' .
<br /> j Borrower shall promptly give L.ender written notice of any investigation, claim. demand, lawsuit or other action by any �
<br /> ..f governmental or regulatory agency or private par[y involving the Property and any Ha7ardous Substance or Environmentat Laa+ '�.-K'`• '��;`; "` f_-
<br /> :;`t�. of which Borrower has actual knowledge. If Borrower leams,or is notified by any govemmental or regulatory authoriry, that . �t�� �
<br /> �� •�
<br /> any removal or other remediation of any Hazardous Substance affecting the Property i�necessary. Borrower shall prompdy take • ;F .
<br /> ali necessary rertiedial actions in accordance with Environmental Law. ;� r_-, i'
<br /> As used in this paragraph 20. "Hazardons 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 acbestos ar formaldehyde,and radioactive materials.As used in :���„ _ -.
<br />. this paragraph 20. Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that �I�'. -
<br /> • relate to health.safety or environneental protection. ' -�`'
<br /> NON-UNiFORM COVENANTS.Borrower and L.ender further covenant and agree as follows: �;_
<br /> � 21. Acceleranon;RemedIes.Lender shall give not[ce to Borrower prior to acceferatton foltowing Borro hr17b�� - l
<br /> . of any covenant or agreement in this Security Instrument (but not prior to aceeleration under paragrap --�
<br /> �' applicable law provides otherwise).The nattce s6a11 specify: (a)the default; (b)the action required to cwe the default; � ` —
<br /> (c)a date.not less than 30 days irom the date the notice is given to Borrowe�•,by which the default must be cured;and �
<br /> (d)that failure to cum the default on or before the date speci�ied in the nottce may resutt tn acceleratton of the sums �_ _�
<br /> secured 6y thls Securlty Instrument and sate of the Property. The notice shall 1'urther inform Borrower ot the rtght to �" ��_-� '�.�r_-
<br /> reinstate after accete�ation and t6e right to br�ng a court adfon to assert the non-existeace of a default or any other �";;_� � ;
<br /> �efense of Borrowes to aoceieration and sale. If the default �S not cured on or 6efore the date spe¢ified in the notice. F'�,;��;,;_...�..
<br /> �c�i in i'all of atl sums secured by this Security Insteccanent without �::;,;~=-
<br /> �� Lender, at its option.may require immedfate pay —
<br /> further�4emand and may invoke the po�ver uf sale an�any other remedies pennitted by applicable la�v.�nder shall be �_� ;�,,.,.
<br /> �` entitled to¢ollect all expens e s i n c u r r e d i n p u r s u i n g t h e remedies prayidetl in this para�raph 21.includfng,but not limited —•�-=-_
<br /> �,::.a�r,P,�. _._
<br /> to.reasonabte attorneys'fees and casts of title evidence. • • �.:�::�� :y;,�,..: ="=:
<br /> � ' If the power of sale is invoked. Trustee shall record a notice o8 defauit in each sounty in whIch any part of the
<br /> Property is locs�ted and shall mail copies of such notice in the manner prescribed by applicable Iaw to Borrower and to �: !
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<br /> the other personc prescribed by appficable law.After the time required by applicable law,Trustee shall give public notice ,�.����
<br /> � of sate to the persons and in the manner prescrlbed by applicable law.Tnutce, without demand on Borrower, shall seli
<br /> � ...�
<br /> i the Property at pubfic auction to the highest bidder at the time and place and under the tera�+s designated in the notice of '' •._,. r_
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<br /> sale in one or more parcels and in any order Trustee determines.Trustee may postpone�".e af ail or any parce!of the :��`�;�y;. . —.
<br /> '�•I' Property by public announcement at the time an� place of any pmvtously scheduled sale. L,ender or its designee may
<br /> � �� ;.urchase the Property ae�ay sale. •
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<br /> Form 3028 9/90
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