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<br /> ' . _ . � ' . . . ' . . . • . . � ' ..� �
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<br /> _"—'_.'_—_�"'_""'-" ��'_ � � _. . .'__..__. ' '_' _' ' ' . � . . . " :� . .. . .,.. • ......n ...... ..�_.....�_ . . ,., .
<br /> � , «.
<br /> �a�� ����� � ^�.
<br /> 17.Trans4'er of the Property or a Benetictal Interest in Borro�see. 1f;ill ur any pan of�c Pmperty or any interest in it � � , . -
<br /> • i.snld ur transferred�or if a beneficial interest in Bnrrower is,�i1J or tran,terrcYi anJ Bormwer is not a natural persan>without - . . •
<br /> Lender's prior w�ritten consent. Lender may, at its option. reyuirc immediate payment in full of all sums secured by this ' -
<br /> Serurity Instrument. How•ever,this:�ptiun,hall not be exerciticxi by Lxnder if exercise i,prohibited b}�federal law�of the date . , . � . �"
<br /> of tl�i5 Scxurity Instrument. _ , ` -�
<br /> if l.ender exercises this option, Leader shall give Borcower n��tice of arcelcratiun. The noticr,halt provide a period of not � � ,
<br /> !e» than 30 days from the date the notice i�delivered or mailed within which Borrower must pay all tiumti serurecl by this � , ,
<br />__-_ Security�In�trument. If Borrower faib to pay[hese�mns prior to the expiration of thi�period.L.ender may invoke any remedies ' __:____ � _
<br /> permitted by this Security In,trument without further natice or demand on Bormwer. . , ' '
<br /> 18. Borrower's Rtght to Reinstate. If Borrower meets certain condidons. Borrower shall ha�e ahe right to F.e.e " . �, }`
<br /> . enforcement of this Security [nstrument discontinued at any time prior to the earlier of: (a) 5 days (or such other period ac '.<. , � •
<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 Ib)entry af a judgment enforcing this Security Instrument_ Those conditions are that Borrower.(a)pays _ -.. �
<br /> Lender all sums which then would be due under this Security Imstrument and the Note as if no acceleration had occurred; (b) ,:`
<br /> " cures any default af any other covenants or agreements: (c) pays all expenses incurred in enforcing this Security Instrument. � ' . , . --7-�,h;�
<br />�. including, but not limited to,reasonable attomeys' fees; and(d)takes such action as Lender may reasonably require to assure ' , � � ',
<br /> that the lien of this Security Instrument, Lender's rights in the Property and Borrower's obligation to pay�the sums secured by � ���
<br /> �. .•-.�.�.,:,
<br /> this Security Instrument shall continue unchanged. Upon reinstatement by Borrawer, this Security Instrument and the �•
<br /> obligations secured hereby shall remain full}•effective as if no acceleration had occurred. However, this right to reinstate shall � � � "`�_�=
<br /> .�_�'�.yY..'. -.
<br /> not apply in the case of acceleration under paragrapfi 17. ,.•,��„.�":;;
<br /> . 19. Sale of Note; Change of Loan Servicer. The Note or a partia! interest in the Note (together with this Securiry . ��
<br /> dnstrument)may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity(known .
<br /> as the "Laan Servicer")that collects monthly payments due under the Note and this Security Instrument. There also may be one � • g-�=--�-
<br /> or more changes of the Loan Servicer unrelated to a sale of�he Note. If there is a change of the Loan Servicer, Borrower will be . '-"'�""'
<br /> given written notice of the change in accardance with paragraph 14 above and applicable taw.The notice will state ths name and r�°��-'=-��'
<br /> " address of the new Laan Servicer and the address to which payments should be made. The notice will also contain any other '"' --—�a ' -
<br /> �' i inforntation required by appticable law. �
<br /> ...� Z0. Hazardous Substances. Borrower shall not cause or permit the presence, use, dispasal, storage, or retease of any . �_;,-.
<br /> �^�r����'�}.,� . .
<br /> Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the . t,:
<br /> ,��; Property that is in violation of any Environmental Law. The preceding two sentences shal! not n�ply to the presence,use, ot " �"�'+�{�i =�;�
<br /> ap .
<br /> . storage on the Propeny uf small quantities of Hazardous Substances that are generally recognized to be appropriate to normal ' '-'�: -
<br /> , residential uses and to maintenance of the Property. �i--� ; �;
<br /> �.- .
<br /> . Borrower shall promptly give Lender written notice of any investigatiun,claim, demand, lawsuit or other action by any . . ,
<br /> . govemmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law �4 ' y,,,; •- � ,' �
<br /> of which Borrower has actual knowledge. If Borrower tearns, or is notified by any governmental or regulatory authority, that �� ;
<br /> '. � any removal or other remeciiation of a�ty Hazardous Substance affecting the Property is necessary, Borrower shal(promptly take - • :.`• "
<br /> . all necessary remedial actions in accordance with Environmental Law. �'���
<br /> As used in this paragraph 20, "HaTardous Substances" aze those substances defined ac toxic or hazardous substances by ���� '�'� r 't`.
<br /> Environmental Law and the following substances: gasoline, kerosene. other flammable or toxic petroleum products, toxic 'f�
<br /> � pesticides and herbicides,volatile solvents,materials containing asbestos or 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 environmental protection. �;',..��
<br /> NON-UNIfiORM COVENANTS.Borrower and Lender further wvenant and agree as follows: _ '�'.;';;j�
<br /> _ 21.Acceleration;Remedies. Lender shaU give notire to Borrower prior to acceleration foltowing Borrower's breac6 j��,'
<br /> of any wvenant or a�;reemen3 in this Securlty �nsttvment (but not pricr to aoceleration under paragrapb 17 unless '• _�
<br /> applicable law provides othenvise).The notice shall spacl?y: (a)the defanit; (b)the action required to cure the defautt; .. ',.;' :`��
<br /> . (c)a date,noi less than 30 days from the date the notice is given to Borrower,by which the default must be cured;and ��������-''�.
<br /> (d) that failum to cure the defaut3 an or before tbe date speciffed ln the not[ce may result in acceleration oP the sums ' _��_�;
<br /> secure�by this Security Instrument and sale of the Property. The notIce shafl further iaform Borrower af the rtght to ,v.-�-r=-.-��-,
<br /> reinstate after aoceleration and 3he ri ht to brin a court action to assert the non-existence of a default or an other °�''
<br /> g g Y ' .�T-r:�s----
<br /> defense of Borrower to acceleration and sate. IP the defautt is not cured on ar befom the date specified in the rtotice, �r-_� -_
<br /> Lender, at its optlon. may requlre immediate payment in full of all sums secured by this Security Instrumer�t without '"�`"•'• .
<br /> further demand and may invoke the power of sale and any other remedies permltted by applicable law.Lender shall be ��
<br /> _ entitled to collect a11 expeases incurred in pursutn�the remedles provlded in this paraEraoh 21,including.but not limited ' �� -~`��"'���-�
<br /> • __�=,
<br />- to,reasonable attorneys'fees and costs oP title evidercce. ;;;�`,'`=�`-�;-�`
<br /> If the power of sale is invoked. Tru.stee sha11 record a notice of default in each county in which any part of the � �*�s��� r��^-•
<br /> � Property is located and sha11 r�nai! copies of such notice In the manner prescribed by applicable law to Borrovier and to ���;��.
<br /> the other persons prescribed by applicable law.After the time required by applicable law,TrusteP shall give publlc notice -_ ==�����=
<br /> of sale to the persans and in the manraer prescribed by appltcable la�v. Tru.stee,without demand on Borrower,shall sell � ��� i
<br /> � the Property at public auction to the hiphest bldder at the tlme and place and under the terms designated In the notice of ... s�..�:,�:.
<br /> ' sate in one or�nore parcels and in any order Trustee determines.Trustee may postpane sate of sIl or any parcel of the � .
<br /> Property by public announcement at the time and pface of any previously scheduled sale. Lender or its desig,nee may G:,u' •��;,,,.
<br /> parchase the Property at any sate. �'' "'��.•�
<br /> _ _ L,-,.- _
<br /> . - •'�'�:
<br /> Form 3028 9190 . _ ' �
<br /> Page 5 of 6 �' � � -
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