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<br /> 17.Transfer of the Property or a Beneticial InYerey-t in�orrower. If all ur any part of tt�ie�perty or any interest in it , �• �'�-
<br /> . is sold or transferred(or if a heneficial interea-t in Bnrrower is sold or aanLferrrd aud Borrower is not a natural person)without
<br /> lxnder's prior written coasent. Lxnder may, at its aptiou, requirc immc�liat� payment in full of all aums secured by this .
<br /> Security Instnmient. Hourever,t5i.c oprion s6a11 not be exerci�ed by Lxnder if exenise i�pmhibited by federal!aw as of the date , . • -
<br /> of this Security Ins�trumcnt. '
<br /> - If Lender exercises t6is opdan, Lender shall give Borrower nodce of acceleration. The nntice shall provide a period of nnt '
<br /> less than 30 days from the date the nodce is delivered or mailed withia which Borrower mast pay all a-ums sec�red by this ' � -
<br /> Security Insmiment_ If Borrower fails to pay[hese sums prior to the expiracion of this period, Lendet�nay imoke any remedies
<br /> ! pemutted by tlris Security Inswment without further nouce or demand on Borrower. ' -
<br /> � 18. Borrower's Right to Reinstate. If Borrower meets cenain condiaons, Borrower shall have the riglst to have . , � -
<br /> � enforcement of this Security Insnvment discontinued at any time prior to the earlier of: (a) 5 days (or such other petiod as � .
<br /> .� applicable law may specify for reinsratement) before sale of the Properry p�!rsnanT to any power of sale contained in this �. __. __._____
<br /> . Security Instrutneni•or(b)entry of a judgmeni enforcing this Securitp Insprument.Those conditions ar�that Borrawer: (a)pays T t J
<br /> • L.ender all s�ims wluch then would he due under this Security instrument and the Note as if no acceleretion had occurred; (b) „,. ,
<br /> cures any default of any other covenants or agreements; (c) pays ail exp�c�ses incurred in enforcing this Security It�svument, .
<br /> inctuding, but not limited to.reasonable attorneys' fees;and(d)takes such action as L.ender may reasonably require w assure �� —
<br /> that the Gen of this Sec�uity Instrument, L.ender's rights in the Property and Borrower's obligation to pay the sums sec,-ured by � ' • _ � : �� '_
<br /> this Security Ins�trument shall continue unchanged. Upon reinstatement by Borrocver, this Security Insnvment and the . � � � .��
<br /> obligations secured heceby shall remain fully effective as if no acceleradon haci occurred. However, this right to reinstate shall ' ..: . :
<br /> , not apply in the case of acceleration under paragraph 17. . . •
<br /> 19. Sale of Note; Change of Loan Servtcer. The Note or a partial interest in the Note (together with this Sec�tity • � �
<br /> Instrument)may be sold one or more times without prior notice to Bonower. A sale may result in a change in the entity(Imown • � '
<br /> as the"Loan Servicer")tHaat collects raonthly payments due under the Note and this Security Inst�umen�There also may be one : ` -=
<br /> or more changes of the Loan Servicer tmielated to a sale of the Note. If them is a change of the Loan Servicer,Borcower will be `�'�►�
<br /> given written notice of the change in accordance with pazagraph 14 above and applicable law.The natice will state the name and ,' —.
<br /> � addiess of the new Loan Servicer and the address to wluch payments should be made. 'I'he notice will also contain any other f '�r .—
<br /> information required by applicable law. i� i;N;��/�`; �
<br /> Z0. Hazardous Substances. B^rrower shall not cause or permit the presence, use. d'ssposal, storage, or release of any -
<br /> Harardaus Substanc� on or in ilr. Pmperty. Borrower shall not do, nor allow anyone else to do, anything affecting the i � � ' ; �
<br /> Property that is in violadon of any Enviro�ental Law. The preceding two sentences shall not apply to[he presence, use, or � � �, _�' '
<br /> ; � storage on[he Property af smatl quantities of Hazardous Substances that are generally recognized to be appropriate to normal � - ' ;�'
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<br /> residential uses and to maintenance of the Property. . • , �.� �; ;
<br /> � Bonower sUall promptly give ixnder wriuen notice of any im�esdgation. claim, demand. lawsuit or other action by any "�' ;
<br /> governmental or regulatory agency ar private party nrvolving the Property and any Hazardous Substance or Emrironmental Law � '- __
<br /> ,, of which Borrower has actual knowledge. If Borrower 1�, oc is nntified by any governmental or regulawry authority, that � " � '� ;'��
<br /> any removal or other remediation of any Hazardous Substance affecting the Property is necessary,Borrower sliall prompdy take � : ��� '11. —
<br /> all necessary remedial actians in accordance with Emriro�ental Iaw. � �. ,�,�''���j":
<br /> , As used in this paragraph 20, "Harardous Substances" are shose substances defined as toxic or ha7ardous substances by '�`•' _,__
<br /> Enviro�ental Law and the folluwing substances: gasoline, kerosene, other flanw�able or toxic peuoleum pmducts. toxic .. ._ `'� =;:: i
<br /> esticides and herbicides,volatile solvents.materials containin asbestos or formaldeh de,and radioactive materials.As used in ; ;��' -'
<br /> P. S Y .lt..�`;�'z�'-'
<br /> tlus paragtaph 20. "Environmental Law" means federal laws and laws of the jurisdicdon where the Property is located that : � �;�;�_�,,....
<br /> , relate to health.safety or emironntental protection. � � :.��._•:_--
<br /> NON-TJNIFOFiM COVENANTS. Bonower and L.ender further wvenani and agree as follows: � � ';-">.�"-
<br /> �r 21.Acceleration;Remediew. Leade�shall give notice to Borrower p�tor to acceieration foltowing Borrower's breach ' ���'=�••' --
<br /> '�r of anp wveaant or agreement in thls SecurIty Instnunent (but not prior to acceleration tmder paragraph Y7 nnless .
<br /> applIcable!aw prnvideg otherwL�e).The notice shall spedfy: (a)the defaait; (b)the ad[on rec�ired to cure the default; ,�� -� -
<br /> �+. (c)a date, no!less than 30 daqs from the date the notice is given to Borrower,by w6tch the default must be c�ued;and � � �,...�... .. '_`
<br /> - (t�tbat faU�ue to c�e the defadt on or before the date specifled in the notice may resatt in acceleratton of the suQa4 • �"'• "—
<br /> � � sec�ed by this Seauity Iash�unent aad sale of the Property.The nottce shall farther inform�onower oP the right to �� 4�---
<br /> reiastate after acceleration and the right to bring a court adIon to assert the non�adsteace of a default or any other ' '�
<br /> % det'ense oF Borrower to acceleration and sale. IP the defauSt iv not cured on or before the date sperltied tn the nottce, �`�
<br /> � Lender,a4 its option, may require immediate payment in full of all sum9 secaped by thfs Security Iastr�m�ent without � ..;��. r
<br /> fnrther demand and may invoke the power of sale and any other reniedi�permitted by appllcable law.i.ender s6a11 be •�
<br /> . � entitled to called all expenses lncurred in pursuing the remedIes provided jn this paragraph 21,including,but not limited � - , .
<br /> to,reasonable attorneys'fees and costs of title evidence. .�,_ ��___
<br /> � If the power of sale is invoked, Tn�st�shall record a nottce of default 1n eath wunty in which any part of the '
<br /> Property is located and shall msil coples of such notice in the manner prescri6ed by applicable law to Borrower and to � �
<br /> the other eisonv rescribed b a licable law.After the time r Wred b a It r�
<br /> p p y pp eq y pp cable Iaw,Trustee shall�ve pubQlc nottce
<br /> � of sale to the persons and in the manner pnscribed by applicable Iaw.Tnutee,without demand on Borrower, shaU sdl � .
<br /> . ; the Property at public audion to the trfghest bldder at the time and place and under the terms designated in the notice of � � --
<br /> � sale in one or more parcels and In any order Trustee ddermine9. Trustee may postpone sale of all or any parcel of the
<br /> Property by publtc announc�e.nt at the time and place of any prevlously scheduled sale. Lender or its desi�ee may .
<br /> p�chase the Property at any sale.
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<br /> Form 3028 9/90 � =
<br /> ��BRINEI�e�is�.oi 7age 5 018 �N�ai9:�,�/� ; ' —
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