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201200389 desibmated a substitute notice address by notice to Lend�. $orrower shall pxomptly notify Lendet of Borrower's change of addres5. If Lender specifies a procedure Por reportiug Borrower's change of address, fhen Borrower shall only report a cl�ange of address through that specified procedure. There may be only one desigtated notice address under flii� Security Instruuient at azry one tiine. Any notice to Lender shall be given by delivering it or by mailjng it by first class mail to I,e�ader's address stated herein unless Lender has designated anoiher address Uy notice to Borrower. Any notice in connection with trus Security Instrument shall not'he deemed to have been given to Lender until actually reczived hy Lendec. If any notice required by this Security Instruwent is also required under Applicable Law, the Applicable Law tequue�nent v✓ill safisfy the coirespaneling requizeivcnt�der t7us Sec�it�Instrument 7 6. Goveming Law; Severability; Rules of Construction. This Security lnstnxment shall Ue govemed by federallaw and the law of the jiQisdiction in which the Properiy is located. All righfs and obligarions contained in this Security Instnunent are subject to any requirements and limitations of Applicable Laa. Applicable Law might e�glicitly or implicifly allow the pazlies to agree by eontiaet or it might be silart, but such silence shall not be construed.as a prohibirion against agreement by conkact. In thc event that any provision or clause of this Secuiity Instrumeat or fhe Note confliets with AppIicable Law, such conflict sha11 nof affecL olha prov3sipns of this Security Inshwnent ar the NoTe which can be g'ven effeet w?thaut the contlicting provision. As used in this Sec�ity Instrunxent: (a) words of the maswline gender shall mean and include corresponding ncuter v✓ords or words of the fcminine gender; (b)words in the singular shall inean and include flie plural and vice versa; and(c)the word"maq" gives sole discrerion without any oL�ligation to take anq action. 17. Borrow er's Copy. BorroweY shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Beneficial Interest i�n Borrower. As used in this Section 18, "Interest in the Property" means any legal ar beneficial interest in the Property, including, but not limited to, those beneficial mterests transferred in a bond for deed, contract for deed, installment sales contract or escro�v agrecment, the intent of which is flie transfer of ritle by Borrower at a futuYe dato to a purchaser, IP all or any part of the Property or any Interest in the Properiy is sold or transferred(or if Borrower is no[a natural person and a beneficial interest in Borrower is sold ar transferred)without Lender's prior written consent, Lender may require iuuuediate payment in full of all sLUns secured by this Sccuriry Instrument. However, this option shall not be exercised by Lender if such exercise is�rohiUited by Applicable Law. Lf Lender exerci$es this option, Lender shall give Borcower notice o£accelecalion. The notice shall provide a period of noi less than 30 days from the date the nouce is given in accordance with Secrion 15 within which Sorrower must pay all sums secured by this Securiry Instrmnent Tf Borrower fails to pay these sums prior to the eYpiration of this period, Lender may invoke any remedies pennittcd by this Security Instrument without further notice or dem��nd on Borrower. 19. Borrower's Right to Reinstate After Acceleration. IfBorrower meets certain conditions, Borrower shall have the fight to have enforcem�t of this Security Instnunent discontinued af any Lune prior ta the earliest of: (a)five days Uefore sale of the Property pursuant to any power of sale contained in this SecLSity Instrwnent; (b)such other period as Applicable Law mg�t specify£or the temunation of Borrower's right to reinstate; ox(c) entry of a judgment enForcing this Security Instrumeat. Those conditions aze that Borrower: (a)pa}�s Lender all sums which rhen would be due under ihis Sccurity Instnunent and die Note as if no acceleration had occuned; (b)cufes 3ny default of any other covenants or agrceinents; (c)pays all expeiises incurred in enforcing this Security lnstrument, including, but not]itnited to, reasonable attomeys' fees, properhy inspection and valuation fees, and other fces incurred for the purposc of protecting Lender's interest za0000so NEERASICASingle Pamily-Fannie HiaelFredtlie Mac O�IFORM INSTRUIuI ENT Porm 3028 1l01 VM P� Vld P6(NEJ(t 105j W olters Kluw er Financial Services Page 12 of^.F