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<br /> i7.TransPer of the F'roperty or a Beneficial Interest iu Barrower.If all or any part of the Prope �t�rest in it , , �-�
<br /> j is sold or[ransfecred(or if a beneficial interest in Borrower is sold or transferred an�Boaower is not a natural person)withou[ , '.::���_-
<br /> "! Lender's prior written consent, Lender may. at its apcion, require immediate payment in full of all sums secured by this �'
<br /> , Security Instrument.However.[his option shall not be exercised 6y Lender if ezercise is prohihited by federal law as of the date , . _j�
<br /> ir� O�t111S SCCtITIt}r II15tYt1tI1CIIL. _ . - --- _ -; . - �
<br /> If Lender exercises this option,Lender shall give Borrower notice of acceleration.The notice snali provide a period of nat '
<br /> � less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all surru secured by this � ,
<br /> ; Security[nsuument. If Borrower fails to pay these swv.c prior[o the expiration of this period,Lender may invoke any remedies _
<br /> ( permitted by this Securiry Instrument W+ithout further notice or demand on Borrower. '
<br /> 18. Borrower's Ytight to Reinstate. If Borrower meeu certain conditions. Borrower shall have the right to have
<br /> enforcement of Uus Securiry Instrument discontinued at any time prior to the earlier af: (a) 5 days(or such other period as
<br /> applicable law tnay specify for zeinscatement) before sale of the Property pursuant to any power of sale contained in this _i._`}.�Y.,_;'.�
<br /> gecurity Insuument;or(b)entry of a judgment enforcing chis Security Instrument.Those conditions ue that Bonower: (a)pays
<br /> Lender all sums which then would be due under[his Securiry Insuument and the Note as if no acceleration had occuned: (b) {�
<br /> cures any default of any other covenanu or agreements; (c) pays a11 e»penses incutred in enforcing this Security [nstrument, . _j�:�`�
<br /> including,but not limited to,reasonable attomeys' fees; and(d)takes such action as Lend�r may reasonably require to assure � ,� „��..; —
<br /> that the lien of this Securiry Instniment, Lender's rights in the Froperty and Borrower's obligation to pay the swms secured by _ .a,_
<br /> this Securiry Insuument shall continue unchanged. Upon reinstatement by Borrower, this Security lnsuument and the �
<br /> obligations secaued hereby shall remain fiilly effective as if no acceleration had occurted•However. this right to reinstate shall _. �,
<br /> not apply in the case of acceletation under paragraph 17. '= __��
<br /> 19. Sale of Note; Change of Loan Servicer. The Note or a gartial interesc in the Note (together with this Securiry , ,. . ,-
<br /> � .>.. �
<br /> Insuument)may be sold one or more rimes without prior notice to Borrower. A sale may result in a change in the entiry(known ,::�,r,��y_
<br /> :"3 as the"Loan Servicer")that collects monthly payments due under the Note and this Securiry Instrument. There also may be one ._.,�,, _ :
<br /> or more changes of the Loan Servicer unrelated to a sale of the Note.If there is a change of the Loan Serviccr.Boaower will be � :',�•=.:.-�_
<br />• �- given written notice of the change in accordance with paragrap6 14 above and applicable law.The notice will state the name and .� - :::,�-� .�y ''
<br /> address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other � r ��i�, .
<br /> infortnation required by applicable law. - . �
<br /> 20. Razardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any . _ '_.'�"'"` ` �
<br /> Hazardous Substanc,es on or in the Property. Bonower 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 nat apply to the presence,use, or � # � �-,
<br /> storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriue to notmal . , :..�, ,:���- �
<br /> residential uses and to maintenance of the Properry. _
<br /> Borrower shall promptly give Lender written notice af any investigauon, claim. demand. lawsuit or other action by any � ' � '� [___
<br /> governmental or xtgulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law ' ,��+ �•°
<br /> of which Borrower has actual lmowledge. If Borro�ver leams, or is aotified by any govemmental or regulatory authority, that ' p
<br /> any removal or other remediation of any Hazardoas Substance affecting the Property is necessarY. Borcower shall prompdy take :�
<br /> � all necessary remedial actions in accordance witb Environmentai Law. � � ��
<br /> ps used in this paragraph 20, "Hazardous Substances" are those substances defined as toxic or ha�ardous substances by .__d_= _ �. ; -
<br /> Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic peuoleum products, toaic � ,,•..��� ;r .
<br /> pesticides and herbicides,volatile solvenu,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 --a.-;y`___
<br /> relate w health,safery or environmental protection. ��"'�
<br /> . .�� f �.'�..:-';"�:`�
<br /> • NON-UAIIFORM COVENANTS.Borrower and Lender further covenant and agree as follows: ���-••-
<br /> 21.Acceteration; RemedIes.I.ender shall give notice to Borrower prlor to acceleration[ollowtng Borrower's breach ��� � �`,,-.
<br /> of any covenant or agreement in this Seturity Instrument (but not pr�or to acceleration under paragraph 17 unlers �';,...•.;.;,�,.,,, _ _,*•
<br /> appllcable Iaw pmvtdcs otherwise).The notice sLall specify: (a)the default; N)the actEon required to care the default; :��•�,�.; �
<br /> c
<br /> (c)a date,not less than 30 days from the date the not�ce is given to Borrower,by which the default must be cured;and °;;�'°�;R��"°
<br /> (�that fallure to cure the default on or before the date sperifled in the notice may result in acceleration of the s�s „ . .,.
<br /> . secwed by this Seturlty Iastrument and sale of the Propecty.The notice shall further inform Bosrower of the right to .. �_��
<br /> — rdm�tate after acceteratlon and the right to brsng a to��rt ecNon to assert the non-extstence oY a detavlt or any other _ �;., ..��.•. :, �
<br /> ta
<br /> defense of Borrower to acceleraHon and sale. If the default ls not cured on or 6efore the date specifled tn the natice. , :;,��.�_
<br /> Lender, at its option, may require immediate payment in tull of all sums secured by thf,Security Iastrnment withoat .;-.�� �
<br /> further demand and may invoke the power oY sa4e and any other remedies permittetl by appllcable law.Leader shall be
<br /> � eatltled to coUed all expenses incurred in puisuing the remedtes provided i�n thls parsgrapb Zl,includtng,but not limited � ; �
<br /> to,reasonable attorneys'fces and costs of titte evfdence. � —�°=°
<br /> If the power of sale is invoked, Tn�stee shal! record a notice of dePault in eac6 county in whlc6 any part of the .
<br /> Property is laaited and shall mai!copies of such noilce in the manner prescribed by appllcable!aw to Borrower and to
<br /> the other persons prescribed by applicable law.After the time required by appllcable law,TnLStee shall give publlc notice . �
<br /> oP sale to the persons and in the manner prescribed by appl�cable law.Tnutee, w[thout demand on Borrower,shall sell � , __
<br /> the Property at publlc suctlon 4o the highest bidder at the time and place and under tlie terms designated in the notice of . �
<br /> s�le in one or morn parcels aad in any order Trustee determines.Trus4ee may postpone sale of all or any parcel of the �
<br /> Property by public announcement at the time and place of any previously scheduled sale. Lender or its deslgnee may , �
<br /> purchase the Property at any sale. --
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