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<br /> _ _. _ _ _' . . . . __ - . . . ... _ _ '_ - _ _-- _- - -
<br /> ..- . . �- -'-'' ---_-" "_ '-" '^ ' _-- ' - '-.. -_. -_ ''' _'___ " _ ' .. . . .. - � - _ _ _ " " _' -'. ___
<br /> � . .�. .. - :.. �.' -� -� .-r-..�.�.-.-� �
<br /> , ; � _ . � . . . � . . , . . . ' ' . _... . .`�-_ •- _ -- . .. ' ' ` _.
<br /> . . • . ` '" . . R . . .. ' . ... . .. .. ... .. _....._. ___ `__" . . . ' -
<br /> �__ i.— '—__ "� ...�.�.._.__ �.____ .—_ � . . fa
<br /> ` ��_ �V�V�1�/ � .a•
<br /> l7.Transfer of the Property o�eneficial Intered in Borro�ver.If al!or an�rt uf the Propeny ur an� interest in it ° ` :` a-
<br /> u w!d ur tau�sferted(ur if a benefirial interetit in Burrower iti uild or tran.ferreJ and Bi�rruH�cr i+nut a natural prrsun)u•ithout t
<br /> ` I.�htder'. pnor �vntten consem. Lenurc ius}. ai tts �tptiOR, reyuire immediate paynunt �n full uf all �unt� .c�urexi by this • • ._
<br /> ¢ Secunty Instrument. H�twever. thi>aption.hsll nut be ererc»ed by L.enJer if rxerci,�i+pruhibitcYf hy tc�i�r.il law a�uf the date J
<br /> ,� uf[his Sccurit}�In�trument. ; � .
<br /> . IF l.�ndcr cti�rri.c�thi.uptinn. L.cnder�hall give B��rmwer noti�2 uf urreleratiun.The notice shali pro��iJe a period of not �
<br />,.� � Ie.. than �0�yti fmm thc date the naticr i� Jeli�•ereYi or mailed w�ithin whirh Huauwrr mu�t pay sll +um, +ecurcYi by this :
<br /> ,s.� Serurity Imtrument. If Burraw�rr f:iilti to pa} thche wm�priur tu thr rxpiratiun uf thi�period. Lc�nder may invuke any remedie� , , ,
<br /> pertnitted by thi+Sc�urity Instrument w•ithout further ne�ticr ur demand nn Bnrrower• - – -. - . -- ,
<br /> {8, BOTfOtt�'C1'�5 Ri�ht to Reinsiate. If Bortower meets certain rundition.. Bi�rrnwrr >h:ill ha��e the right to have �� � Y. . .
<br /> • enfi�scement of this Security Inswment di�continue�l at xny time prior tu the wrlier of: la) S d;s��+ 1or such other period as , . ..
<br /> i appli�ble law may specify for reinstatementl befare sale of the Pmperty pur,u:int to ;iny pow'er uf sale rontaincxi in this , , '_
<br /> . � Security Instrument:or(b?entry of a judg►nent enforcing this Security [►utrument.Thu�e conditions are that Boaower:la)pays „ __ _ � � :
<br /> Lender all +ums which then a•ould be due under this Security Instrument and the Note a�if no acceleration had occurred: tb)
<br /> _=�:P_..-,.
<br /> cures any defau[t of any other covenan[s or reements; Ic) a s all ex en�es incurred in enforcing this Security Instrument. L
<br /> .J including, but not limited to, reasonable attomeys fees:ar►d PJ)takes such action as Iw.nder may reasonably reyu�re to assure ="�`;;�;,
<br /> that the lien of this Security Instrument. Lender's rights in the Pmperty and Borrower's obligation to pay the sums secured by ,,:.,,���:
<br /> " this Securiry Instrument shall continue unchanged. Upon reinstatement by Barrower, this Security Instrument and the , . {{;�.�:,:�:
<br /> obligations secured hereby shall remain fully effective a+if no acceleration had occurted. However, this right to reinstate shall <.� .___ __ _
<br /> ' :� not apply in the case of acceleration under paragraph 17. =�;�,'� _ -
<br /> ,�'� 19. Sale of Note; Cdange of Loan Servicer. The Note or a partial interest in the Note (together with this 5ecurity �-�.°-_
<br /> 4:�.�-
<br /> ��'" [nstrumentl may be so l d o n e o r m o r e t i m e s w i t h o u t p ri o r n o t i ce t o Borrower.A sale ma y result in a change in the entity(known _
<br /> : �-: :
<br /> �' as the"Loan Servicer")that collects monthly payments due under the Nate and this Securiry Instrument.There also may be one . .. , �:;;-_-
<br /> ;, :� or more changes af the Loan Servicer unrelated to a sale of the Note.lf there is a change of the Loan Servicer. Borrower will be . ' '�- �....,__
<br /> given written notice of the change in acrnrdance with paragraph 14 above and applicable law. 7�e notice will state the name and ' ,��;
<br /> • ` address of Ihe new Loan Servicer and the addres+to which payments should be made. The notice will also contain any other ;�;�
<br /> , •�� information required by applicable law. .
<br /> • �. 20. HaTardous Substaitces. Borrower shall not .�use or permii the presence, use. disposal. storage. or release of any • ����
<br /> .� Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anyching affecting the y�,r�±'? �:
<br /> �`� Property that i5 in violation of any Environmental Law. The preceding two sentences shall not anply to the presence. use,or ` • ,,;- �.'��
<br /> storage an the Property of small quantities of Harardous Substances that are generally recognizeei tn�e appropriate to nom�al .._,_�._ . .-
<br /> residential uses and to maintenance of the Property. ������t, ' ��
<br /> Borrower shall promptly give Lender written notice af any mvestigation.claim.demand, IaHCU;t or other action by any , ;4 ;•�
<br /> govemmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law �4:�:'•
<br /> ' of which Borrower has actual knowledge. If Bonower leams,or is notified by any govemmeatal or regulatory authority, that �;4. r, - . `�
<br /> any removal or o•�*er remediation of any Hazardous Substance affecting the Pcapetty is necessary.Borrower shall promptly take �f� -..
<br /> .��� all necessary rem:i+iial uctions in accordance with Environmental Law. � ��
<br /> ��.:.�'�.
<br /> -�;_ ,i,;�.`.
<br /> As ased in this paragraph 20, "Hazardous Substances" are those substances defined as to x i c or h a z a rdous substances b y �'�' sg
<br /> Enviranmental Law and the following substances: gasoline. kerosene. other flammable or toxic petroleum products. toxic �`. ;`
<br /> � pesticides and herbicides,volatile solvents,materials containing a�besios or formaldehyde.and radioactive materials. As used in F� .`
<br /> this paragraph 20, "Environmental Law" means federal laws and laws of the juri�diction where the Property is located that
<br /> relate to health,safe or environmental rotection. ' . ` •
<br /> �Y P
<br /> � NON-UI�TIFORM COVENANTS.Borrow�er and Lender further covenant and agree as follows: � �� �.��*: � �`�
<br /> ; , 21. Acceleration;Remedies. Lender shall give notice to Borrower prior to acceteration foiloain�Borrower s breach ?„�!<<�_,,,,
<br /> of any wveoant or agreement in this SQCUrity Instrument (but not prtor to acceteration un�er paragraph l7 unless - ��
<br /> appltcable law provides othenvise).The notice shall specify: (a)the default; (b)ttae actlon required to cure the default; _=_�. _
<br /> (c) a date.not less than 30 days from the date the notFce is given to Borrower,by whlch/he defaWt mast be cured:and , „'_''.���
<br /> (d) that failure to cure the default on ar before the date speciiied in the notice may resutt in acceteratlon of the sums ���
<br /> secured by this Security Insirument and sale of the Property. The notice shall turther inform Borrower of the right to ,,�s��-�.
<br /> reinstate after acceleration and the righi to brin� a court action to assert the nun-existence of a default or any oiher
<br /> � defense of Borrower to aoceleratton and sale. [f the default is noi cured on or before the date sperified in the noitce. ___
<br /> Lender, at its option, may require immediate payment in full of all sums secured by this Securlty Instrurnent without . �`,
<br /> further demand and may invoke the power of sale and any other remedies�sermitted by appltcable law.Leader shall be �' _
<br /> entitled to coltect all expenses incurred in pursuing the remedies pmvided in this paragraph Zl,including,but not limited _
<br /> ' to,reaconable attorneys'fces and wsts of title evidence. ' :Y'�'��"
<br /> If the power of sale is invoked. Trustee shall record a notice of default in each county i� which any part of the � •';"""`
<br /> Property Is tocated and shall mail copi�s oY such notice in the manner prescribed by appltcable law to Borrower and to .� i_ .. .� �_
<br /> t�:other peisons prescribed by appltcable law.After the time rec{uired by applicabte law,Trustee shall give public notice '"?"' '- °-�"
<br /> .,..:�x.._ �.._�_<. .
<br /> of sale to the persons and in the manner pr�cribed b�� appllcable law.Trustee.without demand on Borrowe�.shall sell ,,., .
<br /> . .. the Property at publIc auction to the highest bidder at the Nme and place and under the terms designated in the notice oi . ;_,r_;��!:�,;�',�,:,�:_;.
<br /> sate in one or more parcels and in any order Trustce determines.Trustee may postpone sa�e of all or any parcel of the . �
<br /> � Ptoperty by public announcement at the time and place of any previously scheduled sale. Gxnder or its desipnee may r.r_3.;�7-�:..: .
<br /> purchase the Property at any sale. - • .. •
<br /> •. .
<br /> - 't .. .
<br /> ' Form 3028 9/90 ' '
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