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~ 17. Transfer of the Property or a Beneficiat lnterest in Borrower. If all c~r an} part c~t the Yropert~ c~r an~
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g. interest in it is sold or transferred (or if a beneficiai interest in Borrc~µer i5 sold c~r tran,ferred ancl f3e~rr<~wer i~ not a natur~il
person) without Lender's prior written consent, Lender ma}~. at its ~ptic~n, reyuire immediate pa} ment tn full of ail tium~
secured b}• this Securit}• Instrument. How~e~er, this opti~n shali n~~r he exer~itied h} Lencicr if exercitie iti rr~~h~hited b~
federal law as of the date of this Secunty Irstrument.
If Lender exercises this option, Lender sha~l gi~e Borrow~er notire ~~f ,.+rceleraticm. The ne~tice Shall ~m~ icie a pericid
of not less than 30 days from the date the notice is deli~ered <~r maiied u ithin which Borr~~wer mu~t ~a~ all tium~ tiecured h~~
this Security [nstrument. If Borrewer fails to pay thzse sums prior to the ex~iration e~f this ~,cn~~d. Lender ma~ imc~k~ an~
= remedies permitted by this Security Instrument a~ithout further natice or demand on Borrow er. i
t8. Borrower's Right to Reinstate. If Borrow~e~ meett certain c<~nditicros, Be~rr~xer tihall ha~e the n~ht tc~ ha~~
enforcement of this Security Ir~strument discont~nued at an}• time pric~r to the earlier <~f: (a) S da}~ (~~r ~uch ;~ther penc~d ati ~
_ applicable law• may specif}~ for reinstatementj before sale of the Propert}~ ~urtiuant t~ an}~ p<~~~er ~f sale ~<mtained ~n thiti `
- Seeurit~~ Instrument; or (b) entry of a judgment enforc~ng this Security In~trument. Th~~`e ccmditionti are that f3c~rr~~u~r:
(a) pays Lender all sums vs~hich then w~ould be due under this S?curity Intitrument and the Note had n~ acceleranem
~ occurred; (b) cures any~ default of any other covenants or agreements; (c) pay~ all expenset incurred in enfnrring thit
~ Securit} Instrument, including, but not limited to, reasonable attorne}s' fees; a~id (d) takes ~uch ach~n as Lender ma}~
i` reasonably require to assure that the lien of this Security Instrument, Lender's nghts in the Pro~ert}~ and Bc~rrc~w•er's
obligation to pay~ the sums secured by this Security Instrument shall cc~ntinue unchanged. U~n reinstatement by
Borrow~er, [his Secunty In~trument and the obligations secu~ed hereb} shall remain fully effecti~e as if nc~ accelerat~c~n had
occurred. Howe~~er, this right to reinstate shall not apply in the cate of acceleraiion under ~?aragraphs 13 or 17.
~~K 442 ~8~~
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