. 1. - . •� . � . 1 _ ' . . . . ` • . . ' � - l . _ ,_ . —
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<br /> 4
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<br /> � 17.Tratisfer of the Proper4y ar a BeneficIal Interest in Borrower.If all or any pan of the��p p ts��y�t�m��n i� . � � , • �'��°�
<br /> ti -
<br /> is,old ur transferreli(or if a beneficsal interest in Borrower is sold or transferred and Bonow�er i.n�t a natursl penon!withiwt • �.
<br /> • Lender's prior wntten coment, l.ender may. at its vptiun, require immediate payment in fuU c�f all ,um. tierured b}� this � �_;�`
<br /> Security[nstrument. Hoaever.this aption shall not be exercised by Lender if exercise is prahibited by f��ierel law a.of[he date t . �•
<br /> i�f this Security Instrument. � , . . ` `�'
<br /> � (f[xnde�exerci,e�this optiun.Lender shall give Borrower nutice ol xrreleration. The natirc+hall prurid��penixl of not . L.�.:
<br /> lc�� than 30 days from the date the notice is delivered or mailecl within which Bnrmwer mmt pay ;sll +umti ,c�:ural hy this
<br />' S�curity Instrument. If Borrawer fails to pay these sums prior to the expiration of this periad. Ixnder may mvoke au�y rcmedie� �
<br /> permittecl by this Securi[y Instrument withaut funher notice ar demand on Borrower. -
<br /> , - " 18. Borrotirer's Rigi�t to ReInsYate. If Borrower meet� rrrtain �tmditions, Borrnwcr ,h:ifl hare the right to l�ave ___ __ _, ..._, _
<br /> ' enforcement of this Secwiry Instrument discontinueci at any time prior to the earlier of: la► 5 day+ (or ,urh ather periud as . ,
<br /> applicable laK may specify for reinstatement) before sale uf the Propeny pursuant to any pc�wer of wle contained in this • : � �
<br /> Security Instrument;or(b>entry of a judgment enforcing this Security Instrument.Thnse conditiona are[hat Borrower:(a)pays � `�,�
<br /> '*� Lender all sur►u which then would be due under this Security Instrument and the Note a,if no acceleratian had occurred:(b) . , �� , . �
<br /> � cures any default of any o[her covenants or agreements: (c)pays all expenses incurred in enforcing this Security Instrument, , - --- � _
<br /> including, but not limited to, reasonable attorneys' fees; and(d)takes such action as Lender may reasonably requve to assure . � ,;.,.' �
<br /> [hat the lien of this Security Instrument. L.ender's rights in the Property and Borro�ver's abligation to pay the sums secured by , '�'"�*°r �
<br /> this Security Instrument shall continue unchanged. Upon reinstatement by Borrawer, this Security (nstrument and the , t. '�""`�'`��"` a_
<br /> obligations secured hereby shall remain fully effectwe as if no acceteration had accurred. However, this right to reinstate shall • --'-:=-4_�':�_
<br /> not apply in the case of aceeleration under paragraph 17. - � ��
<br /> 19. Sale of Note; Change of Loan Servicer. The Note or a partial interest in the Note (together with this Security • y��� -
<br /> . Instrument)may be sold one or more times without priar r►otice to Borrower. A sale may result in a change in the entity(known �. ,� 'i
<br /> '-�•:�''-
<br /> as the"Loan Servicer")that collecu monthly payments due under the Note and this Security Instrnment. There also may be o n e , � ��
<br /> or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a chan e of the Loan Servicer. Borrower will be •� '�
<br /> P ' -`:'!�':°=—�
<br /> given written notice of the change in accordante with paragreph l4 above and applicable law.The nutice will state the name and r � - .,�,,�.,:q;--�_
<br /> " address af the new Loan Servicer and the address to which payments should be made. The notice wil! also contain any other � �� • � • .
<br /> - infomtation required by applicable law. � , -W �+
<br /> . 20. Hazardous Substances. Borrower shall not cause or permit the presence, use, dispasal. storage. or release of any �' �__°'�"
<br /> r��:.,_-.�
<br /> • Hazardous Subsiances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the -� '�`
<br /> Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence, use.or ��''�;. '
<br /> � storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal • _ � x,•�;
<br />� . residential uses and to maintenance of the Property. '. - !'S'' r
<br /> Borrower shall promptly give Lender wntten notice of any investigation. claim, demand, lawsuit or other action by any .,'�'-',
<br /> • . . governmental or regulatory agency or private party involvin;the Property and any Hazardous Substance or Environmental Law y,' ' ''
<br /> �� . .
<br /> rit that • '''� '
<br /> of which Borrower has actual knowledge. If Borrower learns. or is notified by any gavemmental or regulatory autho y. , - �:���
<br /> � any removai or other remediatian of any Hazardous Substance affectir►g the Property is neces.sary. Borrower shall promptly take _ ' � �
<br /> � '+`� aU necessary renedial activns in accordance with Envimnmental Law. � �'' '•
<br /> As used in this paragraph 20. "Ha7ardous Substances" are those substances defined as toxic or hazardous substances by ,_;_; ;; ,
<br /> Environmental Law and the following substances: gasoline, kerosene. other tlammable or toxic petroleum products, toxic .��v:•,
<br /> � pesticides and herbicides.volatile solvents,materials containing asbestos or formaldehyde,and radioactive materials.As used in - ���.;
<br /> � this paragraph 20, "Environmental [.aw" means federal laws and (aws of the jurisdictian where the Property is locatad that . �,.�"�:� j� .`
<br /> relate to health,safety or enviranmental protection_ '�"��� � j _
<br /> ' � NON-UNIFORM COVENANTS.Borrower and L.ender further covenant and agree as follows: • .,, d� �
<br /> •• 21. AcceteratIon;Remedles.Lender shall give natice to Borrower prior to acceleration following Borrower's breach r�' n.�c.���
<br /> � of any covenant or agreement in this Security Instrument (but not prior to acceleration under pa�agraph 17 anless � - "���
<br /> � applicabte law pwvldes olherwise). The notice shall specify: (a)the default; (b)the action required to cure the defauit;
<br /> ' (c)a date,not tess than 30 days trom the date the notice is give�to Borrower,by whtch the default mt�st be cured;and � ��'�
<br /> � rntion of the sums �- -
<br /> �� (d) that failure to cure the default on ar before the date speciiied in the notite may resvit in accele �iR
<br /> ".` ; secured by this Security Instrtiment and sale of the Property. The notice shall4'urther inform Borrower of the rlght to —
<br /> �instate affer acceleration and the ripht to brtng a court actfon Yo assert the non�xistence of a defaul3 or an other �--u-"-��'
<br /> " defense of Borrower to acceleration and sale. If the defanit is not wred on ar before the date specifle�in the notice. --`�� �
<br /> :. .- . .--�•��•:_='_
<br /> . Lender, af its option,may require immediate payment in full of all sums secured by this Security Instrument wlthoat =- �-
<br /> � further demand and may invo4ce the power of sale and any other remedies permitted by applicable law. Lender shall be �":.__°�*��
<br /> • entitled to coflert all expenses incurred in pursuin�the remedies provide�in this pa�raph 21,irtcluding,bnt not limited �-" �`�r _
<br /> ' '•t. �Jrl�l_..__ _
<br /> �� ' to,reasonable attorneys'fee.v and costs of title evidence. :�_.
<br /> IP the power of sale is invoked, Trustee shall record a notice af default in each county in which any part of the s;�-�"
<br /> ' 4 Property is lacated and sha31 mail coptes of such nottce in the manner prescribed by applicable law to Borrower and to ?��-�
<br /> ' the other persons prescribed by applicable law.After the time reqaired by applicable law,Tn�stee shail give public notice :a; � �
<br /> . of sate to the pe�ons and in the manner prescribed by applicable law.Trustee.without demand on Borrower,shall sell _,,,',:� "�.�_.
<br /> ! the Property at publtc aaction to the hi�hest bidder at the time and place and under the terms designated in the notice of . :;��-�.•r�: ����.•�'.
<br /> h
<br /> . ,� i sale in ane or more parce4s and in any order Trustee determin�. '1'rustee may postpone sale of all or any parcel of the ,,��;��,;,.y�f.,�� �__
<br /> • � Property by pubNe announcement at the time and p9ace of any prevlously scheduled sate. [.ender or its designee may '.t=�. , •� >�- .
<br /> purchase the Property at any sale. •'' + . � ' .��
<br /> � .. � .. .
<br /> ,
<br /> ' Form 3028 9180 "
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<br /> • Pago 5 of 6 , � �
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