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<br /> ._.-...,., o„�.�.:,,�haii Iv�civrn nne cnnformed cony of Ihe Note�ttd of ihtS Security Inslrumenl. L • � �,�
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<br /> � 17.Tran.der of tbr Property or a Ben�ciai Interest in Bonower. Ii all or any part of the Property or any�ncerac in��is , . —
<br /> 1 sold or nansferred (or if a beneficial interest in Borrower is sold or transfcaed and Borrower is nat a naaual persan) wilhout � . _
<br /> '� L.ender's rior wriuea consent,Lender may,at its opiion.require irtuncdiate paYment in full of all sums secured by tWs Security i, -
<br /> � ins4n�men�. However,this option shall not be eacercised bY L.ender if exerc�se u prohibited by federal law as of the date of th�s i .-
<br /> ; Secnrity Instrument '
<br /> `" �; If I.ender exercises this option,Lender shall give Borrower norice of acceleration.The notice ����°�is Sec� �.. '�y
<br /> ;s than 30 days fnom the date the notice is delivered or mailed within which Borrowcr must pay Y_ . �
<br /> -j Instrument If Borrowea faiLs tn pay these�ums prinr to the expirauon of this period.Leader may invoke any remedies permived . .
<br /> .� by this Securiiy Instrument without further notice or demand on Borrower.
<br /> 18.Borrower's Rig6t!o Rein..��gr .��$��•�� �� COnditions, Borrower shall have the right to have `�
<br /> ; enforcement of this Securi{�+T�ts�nime�d�sc,dn� i�ed'�-�7� ��FnOr to the earlier of: (a) 5 days (or such other period as _
<br /> aPPlicable lavr maY specify for rgic�qieapent)be�:`S�t86f tRe�P�'P��t to any gower of sale contained in this Security . . �
<br /> _;� Instsumen�or(b)entry of�jud�i enfoxing Tbis�SeCUrity'In.�rument Those conditions are that Borrower:(a)pays Lectder all _ • _
<br /> � swns which then would'oe eiuC uad'c;L`us Sc�.�:r� It�r.:sneat a:�Stse Nc*w:.°L u���'�'?teration had�ccurred;(b)aires anY - ,- — .-----_
<br /> defautt of any other covenants or agre.ements;(c)pays all expenses incurred in enforcing this Security Insuument,including,but ,
<br /> not limited w,reasonable attomeys'fees;and(d)takes such action as Lender may reasonably require w assure thai the lien of this , _ _.
<br /> Se�mty Instrumeat, L.ender's righu in the ProPertY and Borrower's obligation to pay the sums secured by this Security ;:. ..--
<br /> Instrument shall continue unchanged. Upon reinstatement by Borrower. this Security Insbnunent and the obligations secured
<br /> haeby shall remain fully effearve as if no acceleration had occurred.However,this right to reinstaee shall not apply in the case of :
<br /> acceleration under paragraph 17. . • • ` '�`
<br /> 19.Sale of Note;Cdange of Loan Servicer. The Note or a paraal interest in the Nnie (togettcer with this Security . �
<br /> Ins�avmeent)may ise sold one or more times without prior notice to Borrower.A sale may result in a change in the entity(known ; -:�
<br /> as the"Loan Scrvicer")thai collects monthly payments due under the Note and t6is Security Instrumen�There also may be ane or . . ,
<br /> more changes of the Loan Savicer unrelated w a sale of the Note.If there is a change of the Loan Servicec,Bomnwe.r will be ,. • � =.��
<br /> given writrEn nofice of the change in accordance with paragraPh 14 above and applicable law.'I'he notice will state the name and � � -
<br /> a d d r e s s of the aew L.oan Servicer and ths address to which payments should be made.The notice will also contain any other • • .�__
<br /> infom�ation required bY aPPlicable law. , � ,: . � .
<br /> 7A.Hazardous Substaaces. Borrower shall not c�vse or permit ihe presence, use, disPosal. storage, or release of any , ,y. ��.�+��
<br /> HaTardous Substances on or in the Property.Borrower shall not do,nor allow anyone eLse tfl do.any[hmg affectit►g the ProP�Y , ;�`� ':3�
<br /> d�ai is in violarion of any Environmental Law.The preceding taro sentences shall not apply to the presence,os�,or storage on the •., =
<br /> Properry of small quantiues of Ha7ardous Substances that are generally recognized to 1�e aPpropnate to normal residential uses . �
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<br /> � ; and tn maurtenance of the Property. � ;
<br /> Borrower shall prompdy give Lender written notice of any investiBatian,claim, demand, lawsuit or other acdon by any � ,_ , [`_'
<br /> govemmeutal or regulawry agency or private party involving the Property a�d any Ha�ardous Substance or Environmental Law ,:. '�';`�.�;
<br /> of which Borrower has actual lmowledge.If Borrower lcams,or is notitied by any govemmental or reg�latory authority,that any :+x•- ;
<br /> removal or other remediation of any Ha�ardous Substance affecting the Praperty is necessary,Borrower shall promptly take all . . . •.::�+ ;�
<br /> �� necessary remedial actions in accordance with Envuonmental Law. ' . ' ..---
<br /> As used in th�s paragrapb Z0,"Ha7.ardous Substances" are those su bstances detmed as toxic or hazardous substances by y,. `•;� __
<br /> ; Environmental Law and the following substances: gasoline, kerosene, other flammable or wxic petroleum producu, toxic �`:`��j —
<br /> pesticides and herbicides,volarile sotvents,maierials containing asbestns or formaldehyde,and radioac6ve matenals.As used in {�_g:�
<br /> this paragraph 20,"Environmental Law"means federal laws and laws of the jurisdiction where the Praperty is located that relate , 4 --
<br /> to health,safety or environmental protecoion. � • ���y`�
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<br /> � NON-UNffOitM COVENANTS.Borrower and Lender further covenant and agree as follows: � , .r •�_.�.,
<br /> � Zf.AccelerAtion;Remedias.Lender shaU give noUce to Borrower prior to acceleration followin�Borrower's breac6 of �
<br /> • �• assy cavens�nt or agree.nncat tn this Serurity Instrument (but not prior to acceleration under paragrapb !7 untess �::'�
<br /> a
<br /> � applica6le law provIdes ot6erwise).The notice shall apecify:(a)the defauit;(b)the actlon required to cure the detault;(c; � ' � .r:.
<br /> � a dat�not tesv t5an 30 days from t6e date the nodce is given to Borrower,by whicb the defanit must be cared;and(d) . . -'��_
<br /> � that faifure to care the detautt on or before the date spec i t i e d in t he no t k e may r e s u l 3 l n a c c e l e r a t i o n o f t i t e s u m s s e c u r e d „_ --
<br /> a "�'
<br /> • py this Securtty Iastrument an�sale of the Property.The nottce shall further inform Borrower of the right to reiastate � =�•.i,°' _,
<br /> ' after acceterallon and the rig6t to bring a court action to assert the non-existence ot a default or any other defense of �, .: � ' _
<br /> Borrower to acceleration and sale.It t6e default is not cured on or before the date spe�ed in t6e notice,Lendes,at its .• �_ �.__
<br /> option,may require immediate paymcnt in full of all suma secured by this Security Instrument wit6out turther demand . .
<br /> and may invoke the power of sale and any other remedies permitted by applicable law.Lender s6a11 be entltled to collect . .,y, �
<br /> aU expens�s incurred in pursuIng the remedies provided in this para�ap6 21,Including,but not Iimlted to,reasonable _
<br /> attorneys'fees and casts of title evidence. ' � ,
<br /> If the power oY sate is iavoked, Trustee s6aU record a notice of defaWt in eac6 county in which any part of the . . • �
<br /> property ts tacated and shaU m$ll copfes of suc6 notice in t6e manner presrribed by applicable law to Borrowe�and to the . , -
<br /> � other persons prescrl6ed by appllcable law.After t6e time required by appUcabte law,Trustee shall give publlc notice of . ,�-.,
<br /> � sale to the persons and in the manner prescrlbed by applicable taw.Trustee.without deffiand oa Borrower,shall seU the •
<br /> ' Property at public auction to the 6ig6est btdder at the time and place and under the terms designated in the notice of sate ; �'
<br /> Form 304U 9l90 —-
<br /> �•eR�NE)iazis�.o+ PaQe5o�8 inmais: . . —
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