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<br /> 17.Traasfer of the Progerty or a Beceeficial Interest in Borrower. If all or any part of the Property ur an}• intcrc�+t in it ' , . . � �
<br /> is sold or transferred lor if a beneficial interest in Borrower is sold or transferred and Borrow�er ix not a natural pertionl without ._
<br /> Lender's prior w�ritten consent. L.ender may. at its option, require immediate payment in fuU of all sum+ uxured hy this G ~
<br /> Security Instrument. However,this option shall not be exercisec3 by Lender if exerri,e i.pmhihited by federal 13w:i.�uf the datr ' . . . ,�:
<br /> of this Security Instrument. •
<br /> [f Lender exercises this uptirn. Lender shalt give Barrower notice of acceleration. The notice�hall provide a period of not , . ,
<br />-- lc�� than 30 days from the date the notice is delivered or mailed u�ithin whirh Borrow�er must pay all sum� �ctiured by this _,
<br /> Security Instrument. If Borrower fails to pay these sums prior to the expiration of thi�peri�x�. L.ender mny invoke any remc�Jie� .
<br /> permitteci by this Sec:urity Instrument without further notice or demand on Borrou•er. _ ,. , ;
<br /> 18. Borrower's Right to Reinstate. [f Borrower meets certain conditions, Borcower shall ha�e the right tu te.e
<br /> enforcement of ihis Securiry Instrument discontinued at any time prior to the earlier of: la) 5 days Ior�uch other period as , � , �
<br /> applicable law may specify for reinswtemenU hefore sale of the Property pursuant to any pawer of sale contained in this . �_�..`
<br /> Security Instrument:or lb)entry of a judgment enforcing this Security (nstrument.Thuse conditions are that Borrower: (al pays ' , `
<br /> Ixnder all sums which then would be due under this Security Instrument and the Note ati if no acceleration had occurred: (b) ,• ,, v,:� , �
<br /> cures any default of any olher covenants or agreements; (c) pays all expenses incurred in enforcing this Security Insuument. �,_
<br /> including, but not limited to, reasonable attomeys' fees: and (d)takes such action as Lender may reasonably requtre to assure _ ,���_;,;,a,�� _
<br /> that the lien of this Security Instrument. Lender'�rights in the Property and Borrower's obligation to pay the sums secuced by �;;�:�
<br /> this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Imtrument and the ` -- - _�
<br /> � obligations secured hereby shall remain fuily effedive as if no acceleration had occurred. However,this right to reinstate shall �;.�a,,�y-- ,� .._
<br /> i.. �i Mw~i.a
<br /> not apply in the case of acceleration undcr paragraph 17. . ., . =
<br /> 19. Sale of Note; Chas�ge of Loan Servicer• The Note or a partial interest in the Note (together with this Security : �' �_� �_
<br /> instrumenq may be 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 Servicer")that collects monthly payment`due under the Note and this Security Instrument.There also may be ane . :,.•. �. -
<br /> � or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the I.o:u�Servicer.Burrower will be �
<br /> ,, given written notiee of the change in aecordance with paragraph 14 above and applicable law.The notice will state the name and , � �-���
<br /> address of the new Loan Servicer and the address to which payments should be made. The notice will also contain any other ';:�; �.<;�
<br /> information required by applicable law. • _
<br /> 20. I-lazardous Sub.gtances. Borrower shall nut cause or pennit the presence, u;e. disposal, +torage. or release of any . . '�'�.
<br />� - Hazardous Substances on or in the Property- Borrower shall not do, nor xllow anyone else tu do. anything affecting the -- � •��
<br /> Property thai is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence. utie, or �:'� ','�
<br /> •_ storage on the Property of small quantities of Harardous Substances that are generally recognized to be appropriate to normal , '_ T .`_ � .
<br /> ~�� residential uses and to maintenance of the Propeny. '
<br /> •�j Borrower shall prampdy give Lender written notice of any investigation,claim. demanS. lawsuit or other action by any ��, �:�. . :
<br /> ; govemmental or regulatory agency or private party ievolving the Property and any Ha�.ardous Substance or Environmental Law ,�
<br /> �: } of which Borro�ver has actual knowledge. If Borrower leams, or is notified by any govemmental or regulatory authority,that ,
<br /> any removal or other remediation of any Hazardous Substance affecting the Properiy is necessary. Barrower shall promptly take �
<br /> ���"
<br /> � all necessary reme�ial actions in acwrdance with Enviranmental Law. - ' '��
<br />� .� As used in this paragraph 20. "Hazardous Substances" are those substances defined as toxic or hazardous substances by ::�.' ; .
<br /> ' Environmental Law and the following substances: gasuline. kerosene. other flammab�e or toxic petroleum products, toxic -.• : . ,
<br /> pesticides and herbicides,volatile solvents,materials containing asbestos or formaldehyde,and radioactive materials.As used in _���r, " :
<br /> this paragraph 20. "Environmental Law" meam federal laws and laws of the jurisdiction where the Property is located that �� , ;„
<br /> � relate to health,safety or environmental protectian. :�. �.rii-��►"��
<br /> ' NON-UNIFORM COVENANTS.Borrower and Lender further covenant and agree ac follows: V� �i
<br /> � .' 21. Acceleration;Remedies. Lender shall give notice to Borrower prtor to acceleration following Borrower's breach ti"�-,�,�_ �%',�.�,
<br /> � of any covenant or agreement in this Security Instrument (but not prior to acceleratton under paragraph t7 unless . .q�. ;. . ,
<br /> applicable law provldes othernise).The notice shall specify: (a)the default;(b) the action required to cure the defautt; ,,�;,=,,._ �,;;,
<br /> �� —' ��
<br /> (c)a date,not less than 30 days from the date the nottce is given to Bonower, by whtch the default must be cured;and �,���q-,-
<br /> (d) that failure to cure the default on or before the date specliied in the notice may result in acceleration of the sums ___._.�_
<br /> � secured by this Security Instrument and sate of the Property. The notice shall further inform Borrower oY the rfght to .. __ __
<br /> � reinstate after acceleration and the right ta bring a wurt action to assert tfie non�xistence of a default or any other __ ;' ' -��-----
<br /> , �:,:
<br />' defense of Borrower to acceleration and sate. If the default is not cure�on or beforn the date speciiial in the aotice. , •.
<br /> ��� Lender, at its option, may require immediate paynaent in full of all sums secured by this Security InStrument without ^`�.�`�.�'� �,_._
<br /> ���.r.=_.
<br /> i'urther demand and may invoke the power of sale and any other remedies permitted by appltcebte law.I.ender shaq be '••�7•��,_ �,T,
<br /> entitled to collect all expenses incurred in pursuln�the remedies provided in this para�raph ZI,including,but not limited `"' -- _
<br /> � to,reasonable attorneys'fe�and co.sts oY title evidence. : �```�''�`� ��"".C
<br /> If the power of sale is invoked. Trustee shall rNCard a notice of default in each county in whtch any part of the z,4;,;, . .:;;�...` � �-_-
<br /> � rc
<br /> ' Property is located and shall mail copi�of such notice in the manner presc�ibed by appltcable law to Borrower and to ,:{;.;,,. .._..�--,, �,__.
<br /> � the other persons prescribed by applicable law.After the time required by appficable law,Trustee shall give public nattce �,.,,��, �• � •
<br /> ',� of sale to the persons and in the manner prescribed by appltcable law.Tnistee, without demand on Borrower.shalt sep � : . .' __
<br /> � � the Property at publlc auction to the hi�hest bidder at ihe time and place and under the terms d�i�nated in the nodce of , ';.,;,���� -
<br /> � � ' sale in one ur more parcels and in any order Trustee determines.Trustee may postpone sale of all or any parcel of the _
<br /> ,;� Property by public anrtouncement at the tirree and place of any previously scheduled sale. Lender or its desi�nee may : �.,
<br /> �j purchase the Property at any sale. �m �
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