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<br /> V.Trstnsfer of the Propert��or a Bettefccial interest in Borro�rer.!f aU ur:u►�t u!th�Prupcny ur:�m� mtrre+t in it r '
<br /> i.suld or transferred lor if a benefici��l intemt in Burro��er i+,uld or tran,ferreJ anJ Burruarr i.nut s natur:tl prr,uni��ithuut ,
<br /> lxnder'. prior writtrn r��ment. Lender ma}. 3t itc uption, reyuirc immediatr payment in full u(all .umti �ctiured by thi� , :
<br /> • Security lntitrument. Ho�sever.thi+opticm.hall not he ererri+ed h} l.�ndcr�f�errri��iti prc�h�bitexi b} federal laµ a���f the date ,
<br /> � � of thi,Security[nstrument. ' ' � � -
<br /> � If l.ender exercises this option. L,ender+hall g��•e Burro�er nutirc��f:�ccelcr.�uun. Th�nutire,hall pro�idr a periud uf nut . .
<br /> , � le.y than 3U ciay. from the d:tte thr nutice �+ deli�•er��i ur mailcxi within whirh Burruwrr mu+t pay all �um� �c-�ur��i by� thi. 4 �
<br /> Securit}• In,trument. If Borrower tail�tu pa}�th��r�um.priur tu the expiratiun ul thi�pcnud.Lander niay im�uke xny� remniie.
<br /> s permitted b}�this Security Instrument without further notira ur demand on Borcuwer. �
<br /> ,� 18. Barrower s Right to Reinstate. If &�rrouer meets rcrtain cunditiim�. Burrc�wcr ,haU havr the nght tu hae•e
<br /> enforcement of this Securiry In+trument discuntinued at any timc prior u� the carlier of: 1a►5 day� l��r.urh uther periuJ a.+
<br /> � applicable law may �pecify for reinstatement) before +31e af the Property punuant to an}• power uf.ale rontained in this . . , _
<br /> Security Instrument;ur Ib)entry of a iudgment enfarcing this Security Instrument.Those mnditiuns ar�that Bormwer: Ia)pays
<br /> Lender aU sum�which then w�ould be Jue under this S:�cunty Instrument and the Note:u if ni�acce{eration had occurred: (b?
<br /> cures any default of any other covenants ur agreements: lc!pays all expea+es incurred in enforcing this Security Imirument. .. • • .
<br /> inetuding, but not limited to,reasonable attomeys' fces: ared Id)takes such action a� Lender may reasonably requ�re to assure , ..
<br /> that the lien of this Securiry Instrument. Lender'�rights in the Property and Borrower'�obligation to pay the sums secured by _
<br /> this Securiry instrument shall continue unchanged_ Upon reinstatement by Borrower, this Securit} la,trument end the .4 ;,_�:
<br /> obligatioru secured hereby shall remain fully effective:u if no arreleratiun had cxcurral. However.this nght to reinstate shall �'-�,_;;S,.__�
<br /> • not apply in the case of acceleration under paragraph f 7. , S ;.,z ,__ -
<br /> 19. Sale of Note; Change of Loan Servicer. The Note or a panial interest in the Note (together with this Security _ : _ �:�
<br /> - - Instrumentl may be sold one or more times without prior notice to Borniwer. A sale may r�ult in a change in the entity(known t...r-�,s�r� .-
<br /> � as the"Loan Servicer")that collects manthly payments due under the Note and this Security Instrument.1'here also may be one '•` . � �•'' ,,
<br /> or more changes of the Loan Servicer unrelateci to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be • p.-.:�g':�
<br /> �":-.,.
<br /> given written notice of the change in acrnrdance with paragraph 14 above and applicable law.The notice will state the name and . , y�'_�
<br /> address of the new l.oan Sen•icer and the address to which payments +hould be made. The notice will also contain any other � -:�-- —
<br /> information rec{uired by applicable law. �" �"�
<br /> 20. Hazardous Substances. Bonower shall not cause or permit the presence. use, dispasal, stordge, ar release of any
<br /> '..�.s:.iii�� �
<br /> • � Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do. anything affecting the , t�
<br /> Pro ert that is in �•iolation of any Environmental Law. The preceding two sentences shall not apply to the presence, use, or _ - ''�?; ,
<br /> '_. '� P Y
<br /> . storage on the Propeny of small quantities of Hazardous Substances that are generally mcognized to be appropriate to narmal _ . ,... -
<br /> residential uses and to maintenance of the Property. � . "�� - *�*'.- �
<br /> ' Borrower shall promptly give Lender written notice of any investigation, claim, der►�and. lawsuit or other action by any ., .. �: ''
<br /> govemmental or regulatory agency or private pan�• invoh•ing�l�e Fruperty and any Hazardous SubStxnce or Envirnnmental Law _____ Y_`._;.:' � _
<br /> � of which Bonower has actual knowledge. If Borruwer learns.or iy notified by any governmental or regulatory authority, that � ,�_ �:_ , y �;
<br /> any removal or other remediation of any Hazardou�+Substance affecting the Property�s necessary. Borrower shall promptly take -- �
<br />� � all necessary remedial actions in accordance with Environmental Law. p:s�'y��`�
<br /> As used in this paragraph ?0, "Hazardou�Subst:u►ces" are those substances defineci a.toxic or harardous substanees by � •
<br /> Environmental Law and the following substances: gasoline. kerosene. other Flammable or taxic petroleum products, toxic � ' :��
<br /> . pesticides and herbicides,volatile solvents. materials containing asbestos or formaldehyde.and radioactive materiah.As used in ;:t•.;`�
<br /> '.W��.
<br /> :- this paragraph 20, "Environmental Law" means fecierel laws and laws uf the jurisdiction where the Property is located that _ __ � '�
<br /> relate to health,safety or environmenial protertion. � ;°:°'`
<br /> � I•� NON-UNIFORM COVENANTS.Borrower and l.ender further covenant and agree as follows: __ ,�}.+� �_
<br /> i 21.Acceleration;Remedtes. Lender shall give noitce to Borrower prior to acceteratton following Borrower's breach _:���, �
<br /> of any covenant or agreement in this Security Instrument (but not prlor to acce lerat ton un der paragcap h 1 7 unless `�.-��: �,
<br /> applicable taw provides otherwise).The not�ce shall specii'y: (a)the default; (b) the actlon required to cure ttz default; ��
<br /> - (c)a date,not less than 30 days from the date the notice is given to Borrower.by�vhich the default must be cured;and �`'���_-
<br /> (d) that Pailure to wre the default on or before the date specified in the notice may result in acccleration of the svms .»._.—�..�,����'=
<br /> setured by thig Security Instrument and sale of the Property. The notice shall fu�ther infortn Borrower of the right to ��*:
<br /> reinstate after acceleration and the riRht to bring a court actiom to acsert the non-exinence of a default or any other -
<br /> dete�se of Borrower to acceletatton and sate. I[the default is nu4 cured on or before the date specitl� in t6�e notice, ="'�°'���._.
<br /> �:�_�n
<br /> Len�Er.at its option,may require immediate payment i� full of all sums secured by this Security Instrume�t without •
<br /> further demand and may invoke the power of sale and any other remedies permitted by applicable law.Lender s�all be ��,`�,���_
<br /> entitted to collect all expenses incurred in pursuin�the remedles provided in this para�raph 21.iauluding,but not limited � ;�{:r.,,•. _
<br /> to.reasonabte attorneys'fees and costs oi title evtdence. � -
<br /> If the pawer of sate is i�moked. Trustee sha0 rerord a noiice of default in each county in which any part oY the :- �r;�� ��.:
<br /> Pro�erty is located and shall mail copics of such notice in the manner prescribed by applicable law to Barrower and to - ; � -
<br /> • the other persons prescribed by app l ica b le law.A f ter t hY¢�me requ i r e d b y a p p l i c a b t e I a w.T r u s t e e shall R ive pnblic not[ce �"�•�"�'��""'
<br /> of sale to the persons and in the manner prescribed by applizable law. Trustee, without demand on Borrower,shall sell '`
<br /> . the Property at public aucnon to the hi�h�¢bidder at the time and place and under the terms designated in the notice of ••
<br /> sale in one or more parcels and in any order Trustee determin�s.Trustcr may postpone sate of all or any parcel of the . , .
<br /> Property by public announcement at the time and place oP any pmviously scheduled sate. Lender or i�s desi�nee may � .. .
<br /> purchase the Property at any sale. _ . ��'' ,
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