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<br /> • 17.Transfer of the Propem�or a Beneficial Interest in Borro�rer. If all or any part of the Property ur any interest in it ' . .. •:�r,, !�
<br /> i�solJ or tran.ferred�or if v beneticial intere.t in Burrower is sold<�r tran�feaed and Borrower i�n�n a natural person)without . �
<br /> Lender', pnor written �:�n�ent. L.ender may. at its option, require immediate payment in full of all wm+�e�:urcxi by this , •�rr_
<br /> Security Intitrument. However.this option.hall not be exercised by Lender if exercise is prohibited b}•federa! law�of the date ,
<br /> .. .ik.�
<br /> of thi�Security InStrument. r � - � . —
<br /> If Lender exerci,e�thi�option. Lender,hall give Borrower notice uf acceteration.The notice shal! provide a period of not . _
<br />-:� les�thsn 30 day. from the date the notice is deli�•ered or mailed a•ithin w�hich Borrower must pay all ,um,�ecured by this , t.
<br />:-_� Serurit�• instrument. If Borrowe�fails to pa} thc.�e sums pr+or to the expirati�n of this pericxi. Lender may invoke any�remedies , _
<br /> permitted by thi�Security In,trument a�rthout further notice or demanJ on Burroa�er. --.--:-------- , •
<br />. 1�. Borrower's Right to Reitut�te. If Borrower meeti certain a�nditions. Borrower shall have the righ[ tn have
<br /> enforcement of thi+ Security Instrument dis+:ontinued ai any time prior to the e-arlier of: la) 5 day� (c�r sueh other period a� , . ,
<br /> applicable law may Specify for reinsta[emenq before sale of the Property pursuant to any poa'er of,ale contained in th�s - •
<br /> Security Instrument;or(b)entry of a judgment enforcing ehis Security Instrument.1'hose conditions are that Botrower.(a) pays , ; _
<br /> Lender all �ums which then would be due under thi�Security Instrument and the Note as if no acceleration had occurrad:(b) __ � �-�,�_
<br /> cures any default of any other covenants or agreements; (c) pays aU expenses incurred in enforcing this Se�:urity Instrument. . •._,��;�y�
<br /> includ►ng. but not limited to, reasonable attomeys' fees:and (dl ta.kes such action as Lender may reasonably reqwre to assure "�,_���_��.
<br /> that the lien of this Security Instrument. Lendzr's rights in the Property anJ Borrower's obligation to pay the sums secured by
<br /> this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this Secunty Instrument and the
<br /> obligations secured hereby shall remain fully effectice as if no accPleration had occurred. However,this rigt�[to reinstate shall _� _ _"��
<br /> not apply in the case of acceleration under paragraph 17- -. °T'�':—
<br /> . 19. Sale of 14ote; Change of Loan Servicer.The Note or a partial interest in the '�ote (together wi[h this S..curity , `-,• c:;+r�:t-�
<br /> Instrument)may be sold one or more times without prior notice to Borrower.A sale may re�ult in a c6ange in the entiry(known ; •
<br /> �s the"Loan Servicer")that rollects monthly payment�due un3er the Note:md this Secvrity Instrument.There also may be one �."��
<br /> - or more changes of the Loan Sen•icer unrelated to a sale of the Nate.If there iti a change of the Loan Servicer.Bormwer will be . ., .
<br /> given written notice of the change in accordance with paragraph 14 a5ove nnd applicable law.The notice will state th�name and ' .;;.,,,fi. ,��
<br /> �F address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other _ J
<br /> ' infarmation requireci by applicabfe lau. � ? 3� y ��� s�
<br /> ..�� ,t :
<br /> 20. Hazardous Suhstances. Borrower shall nnt cause or permit the presence. use. dispo,al. storage,or release of any •• , .,r, .,
<br /> r Hazardous Substance� on ar in the Pruperty. Borrower shall not do, nor allow anyone el�e to do, anythina affecting the ' �_ r `.,
<br /> Property that is in violation of any Environmental Law. The preceding two�entences shall not apply to the presence, use,or ,,. .q �S
<br /> S Y € P P P � __ �"i J/�:w,=
<br />: . storase un the Praperty oF small yuantities of Hazardous Su b�tanceti t ha t are e ne r a l l r e c o n i z e d to be a ro riate to notmal �--•
<br /> residential a�es and to maintenance of the Propeny. "''' ° ~`�
<br /> Bortower shall promptly give l.ender written nutice of any investigation, claim.demand. lawsuit or other action by any � sy�e�. ��..�� ;:.,�,
<br /> govemmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law -. ��; " ._
<br /> of which Borrower has actual knowledge. If Borro�ver learns.or is notified by any governmental or regulatory authority,that : ''�-�
<br /> � �- .;�r. .. ,
<br /> any removal or other remediation of any Hazardous Substance affecting the Property is necessary.Borrower shall promptly take „ , .;; _. .
<br /> � all necessary remedial actions in accordance with Environmental Law. ��n , ��
<br /> A�used in this paragraph 20, "Hazardous Substances" are those substances defined ati toxic or haTardous substances by s. ; --
<br /> . Environmental Law and the following substances: gasoline. kerosene. other flammable or toxic petroteum products, toxic 3- '�
<br /> pesticides and herbicides,volatile solvents, material�containing atibestos or formaldehyde.and radioactive materials.As used in "
<br /> , this paragraph 20. "Environmental Law" means federal laws and laws of the jurisdiction where the Propeny is located that �.�.9 ,;. , �" �'='-
<br />• relate to health,safety or environmental protection. , �5 �� �
<br /> ;:�,...._
<br /> NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree a�follows: '!��-
<br /> -�.--.
<br /> ' 21.Acceleration:Remedl�. Lender shall give notice to Borrower prior to acceleration follo�ving Borrower's breach �� _
<br /> of aqy covenant or agreement in this Securlty Instrument (but not prior to acceleration under paragraph 17 unle.ss _ --
<br /> appltcabte la�v provides othenvise).The notice shall spPCify: (a)the default;(b)the action reyuired to cure the default; _ _ _ .,.�„_
<br /> (c)a date.not less than 30 days fram the date the notice is given to Borrower,by which the default must be cured;and _ _
<br /> (d) that failure to cu�e the default an or before the date speciiied in the notice may resutt in acceteration of the sums ��
<br /> secured by this Securlty lnstrument att d sa te o f t he P r o p e r t y. T h e n o t i c e s h a l l f u rt h e r i n P o r m B o r r o w e r o f t h e ri g ht to ,.� ��_ ' '-
<br /> reinstate after acceteratton and the right to bring a court action to assert the aon�xistence of a default or any other -r,�. �
<br /> ,_,,,�r.,�:.:,�� �---_.
<br /> defense of Borrower to acceleratton an d sa le. I f t he de fau l t i s n o t c u r e d o n o r b e 8 o r e t h e d a t e s p e c lfied in the notice. M_,�.y._
<br /> Lender, at its optton, may require immediate payrieent in Pull 04'all sums secured by this Security Instrument a-ithout • � ��•�;=�
<br /> '' -•,-.n.._.-:�,��r:,�..�•.:__�_.
<br /> �.'� i'urther demand and may invoke the power of sale and any other remedies permitted by appllcable law.d.ender sl�all be „��„r
<br /> entitled to colleet atl expeases incurred in pursuing the remedics provided in this paragraph 21.induding, but not limited �':�,_,T -_.-�_ �
<br /> .,.
<br /> to,reasonable attorneys'tees and wsts ui i��ie e.,u��:.�. ��"��.Y�.�.---•• _
<br /> • If the power oP sale is invoked. Trustee shall record a notice of dePault in each county in whtch any part of the r:� �t.
<br /> '. Property is located artd shall mail copies of such notice in the manner prescrlbed by applleable law to Borrower and to �� :
<br /> i ble law. Aiter the time required by appitcable law.Trustee shall give public notice .,^��. �°�-` �. .,,�'�
<br /> the other persons prescrlbed by appl ca :�-�;.�- ..�,�-..
<br /> of sale to the pe�ons and in the manner pr�cribed by applicable law.Trustee.without demand on Borro�ser,shall sell ';,r,,,,�,;.,.F:,,,�.,,�. _ �
<br /> • the Property at public suction to the hi�hest bidder at the time and place and under the terms designated in the notice of . �.r:'; ;�.;;;;�'. _.
<br /> . ti •-�,•: '.
<br /> sale in one or more parcels and in any order Tntictee determines. Trustee may postpone sale of all or any pareel of the ��,;a,�
<br /> Property by publlc announcement at the time and place of any prevtously scheduled sale. Lender or tts desigrtee may ,r s•��:,:;;
<br /> purchase the Property at any sate. - .•�°�!���; ���
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