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<br /> . 17.Transfer of the Propert}�or a Beneficial Interest in Borroa2r. If al4��r any pan uf the Propert�•or any interest in it ' . ,. •� ;�_
<br /> i,tiuld ur tran�ferned lor if a beneficial interr+t in B��rrower i,,oW or trantiferred:uid Bu;ra�ser i,not a n:�tursl penon)without ,,.t ;
<br /> Lender', pri��r written con5ent. Lender may. at it� option, reyuire immediate p3�•ment in fuQ uf all sums tiecure�i by this �,
<br /> , Security In,trument. Howe��er, this option+hall not be exercised b}�L.ender if exerci,e i,pn�hibited by federal law as of the Jate ' _
<br /> uf thi.ScYUrity In.�trum�nt. .
<br /> 1(Lender exercitie�thi,opticm. i..ender tihall gi�e Borrower notice uf acrekration. The noure,hall provide a period of not ,
<br /> Ic�+s than �0 day� from the date the notice i+ delicered ar mailed«�ithin which Borro�.er mu�t pa}• all +unu �ecured by [hia , .
<br /> -� Security Imtrument. If Borrower fails to pa}•thc�+e+um�prior w the expiration��f thi.periud_ L.ender r.ia}• inruke:iny remedieti , i
<br />� permitted by this Serurity Imtrument a•ithout funher notice or demand on Borrrn��er.
<br /> !g. Borc�,wer's Right to Rei�tate. If Borrower meet+ cerwin conditiuu.. Burruwer tihnli ha�•e the right to have _
<br /> � enti�rcement of this Security Iruttument discontinued at anp time priar to the earlier uf: �a) 5 dap+ (or �uch other period as ,
<br /> ; applicable law may +pecify fur reinstatemenu before Sale of the Property pur.ruant tu an}• power of .ele wntainec! in this
<br /> ' , Security Instrume�t:or Ib)entry of a judgment enforcing this Security Instrument.Tho�e conditions are that Borrower: lal pay� -
<br /> Lxnder all sums which then would be due under this Security Instrument and the Nute ati if no acreleration had occurred: (bl
<br /> � cures any default of any other wvenantti or agreements: Ic) pays all expenses incuaed in enforcing this Security Instrument. . . ,. .,
<br /> including. but not limitc�to, reasonable attomeys' fees:and td)tal:eti such action a, Lcnder may reasonably require to assure . .
<br /> that the lien of this Security instrument. Lender's rights in the Propeny and Borro�ver'ti obligation to pay the sumc secured by , . _
<br /> ` this Security Instrument shali continue un�hanged. Upon reins[atement by Borrow•er. this Sec:urity Instrument and the �:^`�_�'_rY,:•.�
<br /> �' j obligations secured hereby shall remain fuily effective:�s�f no acceleratiun had occurred. Howe�er. this right to reinstate shall .. �;.�,u,;..
<br /> ' not apply in the case of acceleration under paragraph !7. '''�� �
<br /> _ ., ��_.
<br /> •z 19. Sale of Note; Cha�tge of Loan Servicer. The Note or a partial intere�t in the Note (together with this Security ��y��.;,
<br /> . :� Instrumenq may be sold ane or more times without prior notice to Borrower. A sale rr�y resalt in a change in the entiry(known � ��,;;,�_y'
<br /> as the"Loan Servicer")that collects monthly payments due under the Note and this Secunty Inswment.There also may be one _,,,� .��
<br /> , { .
<br /> ' or more ehanges of the Loan Serv'scer unrelateci to a tiale of the Note.If there is a change of the Loan Servicer.Bnrrower will 6e ` �:�,�
<br /> given written notice of the change in accordance with pa�'agraph 14 above and applicable law.The notice will state the name and ... ��i�
<br /> address of the new Loan Servicer and the addre�s to which payments should be made. The notice will also contain any other
<br />� information required by applicable law. ,_"� _�{��
<br /> 2 0. Hazardous Snbstanees. Borroµ•er shall not cause or permit the presence. use. dispo�al. �torage. or release of any , .
<br /> _�=:r�_;_
<br /> Hazardow Substances on or in the Property. Borrower ,haU not du, nor a l low anyone e ls e t o d u, a n y t h i n g a f f e c t i n g t h e —
<br /> Propeny that is in violation of any Environmental Law•. The preceding two sentences shall not apply to the pre�ence. use, or
<br /> , ,�� �torage on the Propeny uf small yuantities of Hatardous Substances t hat are gene r a l ly recog n i z e d t o b e a p pro priate to normal �
<br /> • '� residential uses and to maintenance of the Praperty. � 4•• ���•
<br /> . Borro�ver,hall prompdy give Lender written notice uf any invetitigation, claim, demand. lawsuit or other action by any __�. _,"` .
<br /> ' govemmental or regulatory agency or private party involving the Property and any Ha�ardous Substance or Environmental Law -�.�. ;: ;� �..; ''.
<br /> ` of which Borrower hati dctua l know l e dge. I f B o r r o w e r l e a r n,. o r i s n o t i fi e d b y :u►y g o v e rn m e n t a l or re gulato ry authorit y.that • :,�: •, -
<br /> t any removal or other remediation of any Hazardou�Substance affecting the Property is necea+ary.Borrower shall promptly take �,:
<br /> " all necessary remedial actions in accordance with Environmental Law. "" Y_''°��.'; •
<br /> , � A� used in this paragraph 20. "H:vardouti Subtitances" are those +ubtitances defined a,toxic or hazardous substances by � �� .
<br /> Environmental Law and the following Substances: gasoline, kerosene. other flammable or toxic petroleum products, toxic „'�;�' '`.
<br /> pesticides and herbicidey,volatile solvents,material,containing:ubesto,or formaldehyde.and radioactive materials. As used in ±'-� :., `�€ �
<br /> ��' this paragraph 20, "Fnvironmental Law" mcans federal IawS and law, of the jurisdiction where the Property is located that _
<br /> relate ta hralth.�afety or environmental protection. �'.s. .�
<br /> NON-UNIFORM COVENANTS. Borrower and i.ender further cavenant and agree as follows: . ._��-:_
<br /> • 21. Acceleration;Remedtes. I.ender sha11 gtve notice to Borrower prior to acceleration foltoticing Barrower's breach � -,�.
<br /> of any covettant or agreement in this Security Instrument (but not ptlor to acceteration under para�raph 1� unless
<br /> '.'�'. ;''�`
<br /> , applicable la�v provides othenvise). The notice shall specisy: (a)the default; (b) the aMion required to cure the dePault; �
<br /> (c)a date.not tess than 30 da}s from the date the notice is�iven to Borrower,by which the default must be cured:and -.'�!i� '`• 1
<br /> • (d) t h a t failuee to cure the default on or before the date specified in the notice may result in acceleration oP the sums �;��_`
<br /> secured by this Secur�ty Instrument and sale o f t he P roperty. T he no tice s h a l l f u r t h e r i n f o r m B o r r o w e r o f t h e r i�h t t o ..: •• --
<br /> � reinstate after acceteration and the rigt►t to bring a court action to assert the non-existence of a default or any other • �-�� y •�
<br /> � defense of Borro�ver to acceleration and sate. If the default ls not cured on or before the date specitied in the nonce, �l .. _ ���
<br /> Lender. at its opi[on. may require immediate payment in full oP all sums secured by this Security Instrument without :;�.1�:Y:..�_��_•_ __•_• �.'.
<br /> . � ._.,,,,.--__---
<br /> Purther demand and may invoke the pmrer of sale and any othcr remedi�permitted by applicable la�v. Lender s6a11 be � , .-,,-,,., _,
<br /> entitled to collect�II expens�incurred In pursuin�the remedies provided in this para�raph 21.including,but not limited -'����'+r�+�•
<br /> � to,reasonable attorneys'fees and costs of title evldence. �=�'�'°�°�'�}�Y �-:
<br /> If the power of sale is invoked, Trustee shall record a nottce of default in each county in wh[ch any part of the _.-•�z-�=---�.�T.;:-
<br /> Property is locs►ted and shalt mail coptes of such notice in the manner prescribed by applicable law to Borrower and to ��.,,,�:.�_•.:.-;.-.�.;,
<br />' ' the other persons prescribed by applicabte law.After the time required by applicable law,Trustee sha0 give publlc notice _,��� _
<br /> � of Sale to the persons and in the manner prescribed by applicable law.Trustee, without demand on Borrower,shall sell ��&�a,�
<br /> the Property at public auctton to the highest bidder at the time and place and under the terms designated in the rtatice of -�"�: ,:., ,-
<br /> ss�le in one or more pareeLs and in any order Trustee deter�a�lnes.Trustee may postpone sale of all or any parcel of the .- =t�:_-..�,�.. ,,�\. ..
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<br /> � Property by public announcement at the time and place of any previous ly sc h e du l e d sa le. L en der or i t s d e s i�n e e m a y . . . .
<br /> • purchase the Property at any sale. •• �•� � •�•� • �
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