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<br /> I [nstrument and the obligatioas secured he�eby shall mmain fu11Y effective as it'ao accelemtion k�d occutred.Huwever,this right w minstate � • ;� �
<br /> j sLall not apply in the case of ar.celcration under paragraph 17. - 5F
<br /> 19. Sale oPNoie;Cbaage of Loan Se►vtcer.'Clte Note or a partial interest in the Note(together with this Security lnstnunetu> � . _
<br /> may be sold one or mom times without prior notice to Borrower-A sale may nsul[in a ctian8e in the eatity(knoW+n as the"Loan Service'r"1 { _
<br /> tl�at collects montk►1y paYmesus due under the Notc aud this Securiry Instrumenc• "fheie also may be uae or mose chans�es of the Loan t !�
<br />...1 Servicer uurelated to a sale of the Note.If there is a change of the Loan Servicer.Borrawer wil]be given written notice of tDe change in � ` � �
<br /> , � accordance with pataBraPh 14 above and applicable law.The notirx will state the a�me and address of the aew Loan Servicer and ehe � ,;
<br /> addtess to which payments should be made.The nouce willalso contain any other informauon mquircd by applicable law. i �-•-.�.
<br /> � sal.storn � or nlease of any � - -`- -, -_-_
<br /> Za, Hs7ardon5 SubstanCes. Borrower shall not cause or permit the preSCnce, use, disP° $ •
<br /> Ha7ardous Substances on or in the Property Borrower shari not do,nor aUow anyone else to do,auything atYectin8 the Ptol�rtY�� � �
<br /> in violadon of any Enviro�nental Law.The pieceding twa sentences sha11 not apply to the presence.use,ar swrage on the Property of i �; ;: �.'
<br /> small quandties of Hazardous Substances Wat are geneially recognized to be appropriate co normal residential uses and to maintenance i . . -_
<br /> .�—�.�i:
<br /> � ofthe Property. i , --- ��+�:�
<br /> Borro+ner shall prompdy Sive Lender written nouce of any invesagation, alaim•demand• lawsuit or ocher action by any � ,,R�.�,,,•-
<br /> governmenral or regulatory agency or private party imoivingthe PropertY az�d any Ha7ardous Substance or Environmental Law of which :�, .'��;;':
<br /> Borrower has actual knowledge.If Borrawer I�.or is notitied by any governmental or segulatory author►ry.that any removal or other i . '.';"� ` .�_? .
<br /> remediation of any HaTardous Substance affecting the Property is necessary.Borrower shaU prompdy rake all n�ssary mmediat actions ,�,..�.
<br /> i
<br /> ' in accs:clance with Emirommental Law. . -
<br /> ; As used in this paragraph ?A. "Hazardous Substaaces" are those substances defiaed as toxic or hazatdous substances by � � __—,_,._— -
<br /> thi
<br /> Enviromnent�l Law aad the following substances: gasoline.kerosene.other flammable or touc petroleian producu.toxic Pesricides and
<br /> herbicides.volaale solvents.materials co�ain�asbestos or foimaldehyde. and radioactive materials. As used in this patagrap =-
<br /> 'Envlm�ental L.aw"means federal laws and laws of the jurisdicaon whete the Property is located tLat relate to health. safety or . ,�:r
<br />' • environmental protecaon • . ..
<br /> NON-UNIFORM COVENANTS. Bortower and Lender fiuther coveuant and ap,ree as follows: �.;.�
<br /> El. Accelerat[on;Remedies. Lesnder shall give notice to Bflrrower p�Ior w asseteiaEion following Borrnwer's Dreac6 __. .� �
<br /> of aay covenant or agreement in thig S2cmitY Iastrument (bat not prfor w acceleration under parageaph 17 um2ess appUcable �
<br /> , iaw prov[des otherwtse).The nottce shall specify:(a)the deiaaft;(b)the action reqniredto cnre ihe defaa�(c)a dase,noi tess '���' �_
<br /> � than 30 days trom the date the notice ic givea w Borrower,by whfch We defaalt mast be cmed:and(�tmat�aIIm�e w care the "f?.
<br /> defaolt on or 6eforethe date speci�ed in the notice may resa►t in acceleratInn of We stua�secmced by tl�Securtty Instnuaent -� ;.__
<br /> � and sale of tbe Property.The notice sLall[urther inform Berrowerof the rtg�t w reinstate atter aoceteration and the ri�►t w 7 .
<br /> br�a court action w assert the non-extstence of a defau.'t or any other defense ot Earrower to acceleraUon and sale.It the �.� • ,`.
<br /> defaalt is noi cm�ed on or 6efom We date speciited in ti►e notice,Lender,at tts optlon,maY re4a3re imme�e p�9ment in(ull ��.1� �
<br /> n
<br /> �` oi aD smas sermred by Wis Secm�ty Iastrumem without�ther dema�sd and may iavoke the p�wer oi sale and any other .;,�'�` '�':�;+ :
<br /> � remedtes permitted bY aPP1Ica61e taw.t.endershatl be em�ied to coffect afl eapenses iacmrredin pmsuing We remedtes pmvtded ... _ �:`; °=
<br /> , In th�s parageaphZl,including,but not�to.rease�3te auorueys'fees and ces�oitltle evidence. t
<br /> , ItthepowerofsaleLsfm�oked,TnuieeshalDreco�€lanottceofdefaattiaeachcc�tyinwWchanyPartofthePc°pert9 _•_ :�,��..', :`
<br /> � ,
<br /> � is located and shaU ma�coptes otsne6 notIce in tf►e manaer prescribed by applieable iaw to Borrowerand W the other persong � `Dt ,
<br /> �'"
<br /> .�� prescrlbed by applicab2e law.AtterWe tlme requtred by apgltcable law,TraStee shall g(ve pu6lic notice of t6e sale to We persoas �,-� � �
<br /> and in ttie manner prescrl6edby app]�cabie taw.Trastee,whhout demand on Borrower.s�seD We Pcoperty at pnbtic suctton _�_._ , r.;: `
<br /> to t�e hlghest bidder at the time and place and�mder the terms designated in the noBce of sale in one or more parcets and ;� ��;:-
<br /> � in�y order Trostee determines.Tnutee may postpone sale of a0 or any parcel of the Property by pnblie annoancemeat at "
<br />' . ��me and place olany previousty schedWed sale.Lender or its deslgnee may pw'ehase We propertyat eny sale. ...,�,�r•. _ y.�'-
<br /> . ,.�.�►.
<br /> Upon recetptotpayme�oftbe price bid,Trustee sLall detiverw the purcl�aser Tr�scee's deed coaveyingthe Prope�ty. :�i -%��_—
<br /> 7'he redtals dn the Trastee's deed shaU be prhna facie evidence olthe tratb of the statemeats made t'herein.Trastee shall appiq --�.�.�• .
<br /> the proceeds of the sate in the foDowing order.(a) w aII cost and expenscs of exerctsing the power ot saie,and the sale, �_:�-r.�=
<br /> � IncL�ing the payment o!t6e Trostee's fees actaaDy incc�ad.aot to exeeed %of the principal amount oi the -,��:.,.
<br /> � Ns�ie at the time otthe declaratlon oi defaatt,and reaso::abF�attorneys'[ees as per�tied by law;(b) to a1�s�s secm'ed by _;W`�-=-'_
<br /> . , this Secmlty Iasbirument;and(c) anq elreess to the person or persons legalty em[Ue$w ft. �=- � -
<br /> 22. Recoaveyanse. Upon payment of all swns secured by this Security Instrument, l.ender shaU request Trustee to �- " ���'��
<br /> ..�a7�i*!+w�'
<br />� reconvey the Froperry and s1�a11 surrender this Security Instniment and a l l notes evi dencing d e b t s e c u red b y this Securi ty f :•..+�+ __�
<br /> In�-�;.�nent w Trustee. Trustee shall reconvey the Praperty:•�thout w�arranry and without charge to the person or persons legaliy . '��:-?�:_=:
<br /> " e�ti��.d w it Such persons shall pay any recordadon wsts. ;; +'- --'
<br /> ii
<br /> 23. Stibstitate TraStee. l.eiuler.at iu option, may from time to time temove Trustee and appoint a cuccessor vustee :•-� .��:f"-
<br /> :.•:.�,,,•�. . ..a�;.
<br /> . to any Trustee 2;.pointed hereunder. Without wnveyance of the Property, the successnr wstee sha11 cucceed W all the tiLe. J-�-� •... , , .
<br /> power and dudes conferred upon Trustee herein and by applicable law. � '��=�'
<br /> ,.;:.�,.�,:-�.°.
<br /> Z4. Reqnest for Noflces. Borrower requests that wpies of the norices of defaulc and sale be sent to Bonower's address . .
<br /> � which is the Property Address. • �_ �:
<br /> • ��. _ .
<br /> Fam 301a 9l90 ' . -
<br /> . (page 5 of 6) ��
<br /> IDS.inc. BoiNwct's ini4als �.�� .
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