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<br /> _ by this Security Instn�meat. If Sorrower fails to pay these sums prior to the eapiration of this period,Lender may invoke � ' _
<br /> any remedies permitted by this Security Instrument without further nonce or deman�on Borrower. .
<br /> 18. Borrower's Right to Re3nstate. If Borrower meets certain conditions. Borrower shall have the right to have
<br /> - enforcement of this Secnriry lnscru�►ent discontinued at any time prior to the earlier of:(a)5 days(or such other period as `
<br /> appl:cable law may specify for reinstatement)before sale of the Froperty parsuant to any power of sale contained in this
<br /> Security(nstniment;or(b)entry of a judgment enforcing this Security Instrumeut. Those conditions are that Borrower:(a)
<br /> _ pays Leader all sums which then would be due under this Security Instrument and il�e Note as if no accelera[ion had
<br /> occurred: (b) cures any default of any other covenanu ur agreements; (c) pays all ezpenses incurred in enforcing this
<br /> Securiry Instrumen[, inctuding, but aot limited to, reasonable attomeys' fees; and (d) takes such action as Lender may , _
<br /> reasonably require to assure that the lien of this Security Instrument, Lender's righu in the Property and Borrower's � .
<br /> • obligation to pay the sums secured by this Security Instrument shall coniinue unchanved.Upon reinstatement by Borrower, f .
<br /> this Security.lnstnunent and the obligations secured hereby shall remain fu11y effeztive as if no acceleration had occurnd. p 1
<br /> However,tfus right to reinstate shall not apply in the case of accele�ation 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 � . • r
<br /> Instmment)may be sold one or more times wi[hout priar nodce to Borrower.A sale may msult in a change in the entiry . . •,�:•.-.'-.'�=.
<br /> (known as the "Loan Servicer") that wllects monttily payments due under the Note and t6is Security lnsuument. There ( ' • _
<br /> . also may be one or more changes of the Loan Servicer uiuelated to a sale of the Note. If there is a change of the Loan f. ,
<br /> Servicer, Borrower will be given written notice of the change in accordance with paxa�TaPh 14 above and applicable law. F . �
<br /> The notice will state the natne and address of the new Loan Servicer and the address to which payments should be made. �� , �
<br /> The notice will also contain any other infotmation required by applicable law. . .=�-
<br /> 20.Harardous Sub.stances. Borrower shall not cause or permit the presence,use, disposai,storage,or release of .. ..�
<br /> � any Hazardous Substances on or in the Property. Borrower shall not do.nor allow anyone else to do.anything affectinS �;_
<br /> ' the Property that is in violation of any EnvironmenW Law.The precedinS two sentences shatl nat apply to the preseace, . -� � ;,_.
<br /> . use,or storage on the Property of small quanrities of Hazardous Substances that are generally recognized to be appropriate =�_
<br /> to aormal residential uses and to maintenance of the Property. ; : -
<br /> Borrower shall promptty give Lender written norice of any investigation,claim,deinand,lawsuit or other action by � . .-,,;:;>d� �
<br /> any governmental or regulatory agency or private pazty involving the Property and any Hazardous Substance or Environ- �+"s►° -: :��
<br /> mental Law of which Borrower has actual kaowiedge.if Burrower learns,or u nati�cd by any govemmental or regulatory --_--���-_• s!
<br /> authority,that any remova!or other nmediation of any Ha7ardous Substance affectin8 t�►e Property is necessary,Horrower 1•� �' _
<br /> shall prompdy take all necessary remedial actions in accordance with Environmental Law. : �
<br /> qs used�n this paragraph 20, "Hazatdous Substances"are those substances defined as toxic or hazardous substances , '
<br /> " by Environmental Law and the foltowing substances: gasoline, kerosene, other flammable or toxic petroleum products, _ • ' ' - �� .
<br /> toxic pesticides and herbicides,volatile soivents.ma[erials containing asbestos or formaldeh�de,and radioacave materials. ��; �- �'..� ,
<br /> , As used in this paragraph 20. "Environmental Law"meaas federal laws an d laws o f t he juns di c tion w h e r e t h e P r o p e rt y is , '. .�.; ,�
<br /> located that relate to health,safety or environmental protection. �y, '
<br /> � NoN-UNiroxn�Cov�nerrs.Borrower and Lender further covenant and agree as follows: �. . ��.��- . ,
<br /> ` 2 1.A c c e t e i s t t on; Remedtes. I.ender shall�Ive notice to Borrower prior W acceleration following Borrower's
<br /> breac6 of aay covenand o�agreemeat in this Securtty Insdvmeat(bnt aot prtor to accelera8on under parageap h 1 7 ,--. . _' . ..�,•
<br /> unless appiicable Iaw prnvides otherwise).'Ibe natice shall specify: (a)t6e defaul4;(b)the action required to curethe :. ����':�'
<br /> default;(c)a date, not less 4han 30 days from the date the rtotice Is given to Borrower.by wdich the default must be t. ��:�`
<br /> cure�;and(d)t6stt feilure to cure the default on or betore the date specit7ed in the notdce may result in acceleratton ,.;,,-
<br /> o!the sums securnd by this Security Instrument aad sale of the Properey 7'he notice s�ll further infarm Borrower . ��-. ��:.�,,3
<br /> � ' of the rlght to rei�state after acceleration and the rig6t to bring a wart actton to assert the non�xistence of a ; ,, :����-:"
<br /> ; deYault or any other def'ense of Barrower w aoceleretIon and salc.IP tha d�8ault ts not cured on or bePore t6e date _ � f ...�,.
<br /> s�i fied !p the noflce, Lende.ai Its option may re�ulre Immediate payment in euil of all sums secured by this _ _ , _�___
<br /> �.' Security Instrument wtthout further demand and may tnvoke the power of sale and any other remedies permltted by -
<br /> ; appllcable law. l.euder shall be entitted to coltect all expenses incarred in pursuing the remedIes provided in thls a�i�.
<br /> ; paragrapfi 21,intludiag,but not limited to,masonable attorneys'fees and costs of titte evtdeace. •.�;a..,
<br /> 3 If the power of sale is invoked,TruStee shaU record a notice of default in each county in which any part of the . �
<br /> � prope�y is located and shell mail copies of such notice in the manaer presci'Ibed by applicable law to Borrower and . , , �' . -
<br /> � to ti�e other persons prescribe�by applicable law. After 4he time required by appltcabte law,Trustee shall �Ive , j�t,� _
<br /> public notice o f s a le to t he pezsons an d i n W e m a n n e r p r e s c r i b e d by a p p l i c a b l e l a w. T rn s t e e,without demundon -�
<br /> . gurrower,shatl sell t6e Pro p e r t y at publIc aadion to the hig,�est bidder a3 the time and place and under We ter�s :
<br /> designatetf in the notice of sale in one or more parcels and in nny order Trustee determines. 'P�vstee may po s t p o
<br /> k sale of all or any parcel of the Property by publit announcement at the time aad place of aoy prevlously sch e dul0d . . _
<br /> sale.Lender or its desipnee may purchase the Property at any sale. , �
<br /> �.� Upon receipt of payment of the Frice bld,Trustee shall deliver to the purcha5er Trustee's deed oonveying the `
<br /> � t emi�.n Trustcer hall apply th praceeds of�the s�ale in the fo lowing order:(a)w all wstst and expense4�of exerctsing � •
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<br /> Porm 30���age�of 61
<br /> BANKERS SVSTEMS.iNC..S7 CLOUD.MN 58302 Ii B00-397 73411 GONM M0�1 NE 2/5191 �
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