|
, : + .. ' ` . . _ , � . "� ; � , • . � � � .t. . . trc =-
<br /> �, . . • . . ' • • , , . _ �
<br /> , . � . " .. - � � . ' . , - ' , �-- •
<br /> 4 � � , '..'.;..�. ,_ _..__. � . _.. ._ ��. _ _. . ._� ., . ._ . ,._._ - � _. . .... . '_�'.�_ _.�__.._ :� . . . . . -
<br /> � - =--- ' "-'___-=—- - .
<br /> �` 97- �0��4 . � ��
<br /> c ' �s
<br /> l7.Traasfer of the Praperty or a Bene�cial Interest in Barrouer.If all ur any pan uf the Prop�m ur:►ny intere�t in it . " � •. __
<br /> is sold or tran+ferred lor if a beneficial interest in Borrower i>>old ur tran..ferrcYi and Borruwer is not a natur.il persont�ti•ithaut
<br /> Lender', prior w�ritten ransent. L.ender may. at its option, reyuire im�rediatr pa}mcnt in fuU <�f all �um. �erutYd bp lhi� � . .ii
<br />' Security lnstrument.Howe�er,thi.option shall not be exerci�ed b} LenJtr if exerci�e i�prahibited by ticxirr:�l law a�of the date
<br /> of thi�Security Instrument. , � . • =
<br /> If Lender exercises this optian.!xnder sh:ill give Borrower natire u[arrclrr.stion. The notice shall pro��ide a period of not
<br /> less than 30 days from the date the noti��e is deli�ered or maited within w•hirh Burcuwrr mu+t pnp all +u�ns 5ecuced by this ' �,.i
<br /> Security In+truntent.If Borrower fails to pay these sums prior to the expiratiun of thi.prri�xi, L.ender ma} im•oke any remeciies
<br /> permitted by this Security Instrument withaut further notice or d�mand on Borrowrr.
<br /> Y8. Borrower's Rlght to Reinstate. If Borrower meeu certain conJitium• Born�w�er .hall ha�r the right to have �..-
<br /> enforcement of this Security Instn►ment discontinued at any time prior ta the enrlier of: 1a) 5 days eor.urh other period as
<br /> applicable law mey specify for reinstatement) before sale of the Property pur�u:uu tu any power of�ale contained in this . __ _
<br /> Security Instrument;or(b)entry of a judgment enforcing this Securiry [n+trument. Thc�,e condition�are that Burrower: (a)pays ' • """�
<br /> Lender all sums which then would be due under this Security Instrument and the N��te 3s if na acceleration had occurred: Ib)
<br /> �, _ cures any default of any other covenants or agreements: lc) pay�aU ex{senses incurred in enforcin�this Security Irutroment. �!, ;; ';r`'��:= _
<br /> �.�w--
<br /> including. but not limited to,reasonable attorneys' fees: and ld)take�such action a, Lender may� rea.�onably require to assure ,;�,,_
<br /> that the lien of this Security Instrument. I.ender's righu in the Property artd Barcowe�',ubligation to pay the sums secured by ,. '
<br /> ,- this Security Instrument shall continue unchanged. Upon reiactatement by Boaower. this Security Instrument and the �-'J��-�-�
<br /> obligations secured hereby shall remain fully effective as if no acceleratiun had occurred. Ho«�ever. thi+right te�reiiutate shall ���_�
<br /> nat apply in the ca5e af acceleration under paragraph 17. _: _�-�_' ;_
<br /> 19. Sale of Note; Change of Loan Servicer. The Note or a part�al interc.�t in the Note ttogether w•ith this Securiry `�:�_--�
<br /> Instrument)may be sold one or more times without prior notice to Borrower. A sale may result in a change in the entity(known � ��-�-..:_ ,:v`��
<br /> as the"Loan Servicer")that collectti monthly payment+due under the Noce and thi+Secunty Instrument.There al�a may be one ,.. .
<br /> - or more changes of the L.oan Servicer unrelated to a sale of the Note. If there i+a change of the l.uan Servicer.Bunower will 6e ``,s- ,., .�����A
<br /> given written notice of the change in accordance u•ith paragraph t�abiwe and appli��able law•.The notice will titate the name and -.�-o-��r�y�
<br /> • addre,s of the ne�c Loan Sen�icer and the addre.y to which paymcntti +huuld be made. The notice w'ill :�Iso contain any other �,`��,,__
<br /> � information requireJ by applicable law.
<br /> � 20. Hazardous Substances. Borrower ,hall not rawe or perniit thc pre,rnce. utie. di+puwl. titaragc. ��r rel�se uf any .
<br /> Ha7ardou+ Substance+ un or in the Property. Bottow�r ,ha11 nut do, nur allo�v anynne rl,' lu �°•to°hrh�re�ence�u.z,tor 4� , •`-"��'�-
<br /> .-f^:-'-
<br /> Prapeny that is in violation of any Env�ronmental Law. The prercxiing twu ,entencc� +hall n�t app y p _. ��
<br /> ,torage on the Pri�perty �if small quantitie+of Hazardou, Subtitance,that are gen�rally rerognized to he appropriate to normal '},�,, �� �':: _
<br /> � residential useti an d tu maintename o f t h e P ro pert y- '�=� � � ' . .
<br /> Borrower�hall promptl�• give l.ender written notic<<�f any investigation, rlaim. demanJ. law,uit or other action by any � �T ". ,�.T : _
<br /> ' governmental or regulatory agency or private p:�rey involving the Property and any H:uardou�Sub.tance or Envirunmental Law _—
<br /> of which Borrouer has actual kn��wledge. If Burrowcr learns, or is noti6ecl by any govcrnmental or regulatory authoriry, that
<br /> � any removal or other rcmediation of any Hazardouti Substance affecting the Propeny is nece,�ary. Borrower�hall promptly take - �,� `'. �
<br /> all necessary remedial actionti in accordance with Environmental Law. - s �,�
<br /> ' As used in this paragraph 20. "Ha�ard�u,Substances" are thutie substance+Jefined a+toxic or hazardous substances by _
<br /> ° ' Environmental [aw anJ the following sub.tance�: ga�oline, kero,ene. other flammable ur toxic petroleum pn�ducts, toxic . �:�� ..
<br /> � - h de,and radioactive material+. As used in s�° ._,,.,_
<br />, pesticides and herbicide�,volatile solventti,matenals containing:�.bc�to.or formalde y ` � 3� ti
<br /> • this paragraph 30. "Environmental Law' mean+ federal I�w. and lswti of thr juri.dictiun where the Property is locaced that �:'�;'�
<br /> . relate to health.+afery or enviranmental protection. r` `
<br /> ' NON-UNIFORM COVENANTS. Borrower and Lender funhcr covenant and agree ati follows: ,.. •
<br /> 21. Acceteration;Remedies. Lender shall�ive notice to Borro�ver prior to acceleration followin�Borrower's breach ,�;.:;,.I_. �,�,. -
<br /> of any covenant or agreement in this Security Instrument (but not prior to accele�ation under paragraph 17 unless _ �•,��:•: .
<br /> applicable law provtdes othenvise).The notice shall specify: (a)the default; (b) the action required to cure the default; __ ;, „ ' "" �. �
<br /> � (c)a date. not less than 30 days i'rom the date the nutice is given to Borrower.by which the default must be cured; and - �^ _ I_
<br /> '• (d) that failure to cure the default on or before the date speci�ied in the nottce may result in acceleratton of the sums � ,,�.:., �
<br /> y, `,
<br /> secured by this Securlty Instrument and sale of the Property. The notice shall inrther inPorm Borrower of the ri�ht to Y, j_�.:��s",�-.--. ._-_
<br /> reinstate after acceteration and the right to bring a court action to as.sert the non-existence of a defautt or any other _ _--_..�:�
<br /> defense of Borrower to acceleratton and sale. If the default is not curcd on or before the date speciPed in the notice. ..- :.,�'
<br /> � Lender. at its opt[on. may require immediate payment in full of all sums secured by th3s Secu�ity Instrument without ' J� -�E'. _
<br /> further demand artd may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be — _ ::_-=-
<br /> eniitled to collect all expens�incurred in pursuinR the remedi�provtded in this paragraph 21,includin�,but nat limlted �.,._-;��,_�,
<br /> � to.reasonable attarneys'fces and costs of title evidence. ;;� . ,+�,�,�'!!�t.�',,r
<br /> If the po�ver of sale is invoked. Trustee shall record a notice of default in each county in which any part of the _
<br /> Property is located and shall mail copics of such notice in the cnanner prescribe+�by applicable Iaw to Borrnwer and to , .--.,� __
<br /> ' - the other persons prestribed by applicable lae.After the time required by applicabie law,Trustee shall gi��e pnblfc notice " �.�A�,_,..�� •
<br /> � of sale to the persons and in the manner prescribed by applicable la�v.Tru.�tee, �vithout demand on Borrotiver.tihall seU ,�� ;,.._ � r-�_
<br /> the Property at public auction to the hlghest bidder at the time and place and under the terms desiRnated ln the notice of .� -.,�•� :;,:�,�,.;•.;,-�=
<br /> ,:.�. -�,
<br /> � f sale in one or more parcels and in any order Trustee determines.Trnstee may postpone sale of all or pny parcel of the ,��:::.:;,,�_._ , `
<br /> Property by public announcement at the time and place of any previously scheduled sale. Lender or its desin,nee may . ,
<br /> punhase the Property at any sale. �-� �.
<br /> . � _.'i���':T
<br /> i
<br /> . Form 3028 9/90
<br /> - E v.,an s o,4 _ � _ --..
<br /> ' i ' ' _e
<br /> �t � ' .
<br />- . .._. . — --- '— . ...__ , ��
<br /> - •---��-_...........__ �.�.._...__� .. ... , . •- . _ . -. . . . - . —__--
<br /> . - --�--— —�..�." • . . . . �. � -, . .. . . ..', . . ' . � . � • . - . . � f.� .
<br /> - - . . � . - . ' . . . • . � • . � - . . - . � ' . ��..
<br /> . , _ , ' . _ � ' . , . . • � . . ' � _ � �...
<br /> • - � ' - . . ' . - . . • i�� . . �f
<br /> . �� �+*^:.
<br /> ' �...�_.�. .. + ' ",_ ^ _ ., •-�' .i .
<br /> - .-.• -� • • .
<br /> ( . ' �, ' .. •. •.�: ',. � � . � • . • ' . . . ' : . . : . �. . � .. . �� � ' ' .
<br /> . . ._.. • . _ -. ., , . . , . . .. • ',� .� .. . . . . � _ .. . . .�� . • . ,, .. . . . ..
<br />
|