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�U��0091� <br />designnte�i a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of <br />Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, <br />then Bonower shall only zeport a ck►ange of address tt►rough that speci5ed procedure. <br />There may be only one designated notice address undez this Security Instrument at any one time. Any notice <br />to Lender sb�aII be givett by delivezing it or by mailing it by first class mail to Lender's address stated herein. <br />unless Lender has designated another address by notice to Boxzower. Any notice in cannecrion with this <br />Security Instnxment shall not be d�med to ha�e been givea to Lettder antil actually received by Lender. IP <br />any notice require� by this Security Inst�vment is also requir�d under Applicable Law, ths Appliaable Law <br />zec�uirement will satisfy the cazresponding reqairement nnder this Security Instrum�nt. <br />16. GovemingLaw; 3ev�rabt!€ty;Rulesof Construction.This Security Instnun.ent slaall be gaverned by <br />fcderal law and the law of the jurisdiction in which the Property is Iocated. All rights and obligations <br />contained in this Security Iustrument are subject to any requirements and limitations of Applicable Law. <br />Applicable Lav✓ might exglicitly or imglicitly allow the parties to agtee by contract or it might be silent, but <br />such sil�nce shall not be constrned as a prohibition against agreement by contract In the event tgiat any <br />provision or clause of tlus Security Instntment or the Note conflicts with Appiicable I.aw, snch conflict shall <br />not affect other provisions of this Security Instnunent or the Note which can be given effect without the <br />conflicting proviszon. <br />As used in this Security Insirument: (a) words of the masculine gender shall mean and include corresponding <br />neuter words or words of the feminine gender; (b} words in the singular shall mean and include the plural <br />and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. <br />17. Bo1'1'oWe�'S Copy. Borrower shall be given one copy of the Note and of this Security Iushument. <br />18. Transfer of th� Propertyar a 8eneficiailnterest in Borrower. As used in this Section 18, "Interest in <br />the Property" means any Iegal or beneficial interest in the I'roperty, including, but not iimitai to, tluose <br />beneficial intezests transfened in a bond for d�cd, contract for deed, ins�tallme�t sales contract or escrow <br />agreement, the intent af which is the iransfer of titte by Borrower at a futiue dafe ta a purchaser. <br />If all or any part of the Praperiy ar any Interest in the Property is sold or transferred (or iF Borrovaer is not a <br />natural person and a beneficial in#erest in Borrower is sold or transferr� without Lender's priar written <br />canaent, Lender may require immediate payment in full of all sums secured by this Security Instn�en� <br />However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. <br />If Lender exercises this optian, Lender shall give Borrower natice of acceleratiou. The norice shall pmvide a <br />period of ttot less than 30 days &am the date the notice is given in accordance arith Section 15 within which <br />Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to <br />the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without <br />further notice or demand on Bozrower. <br />19. Borrower's Righ4to ReinstateAfter Acceferation Borrower meets certaim conditioms, Borrowez <br />shall have the right to have enforcement of this Secu.rity Instrument disoontinued at any tinne prior to the <br />earliest of (a} five days before sale of the Property pursuant to any power af sale contained in this Security <br />Instrument; (b) such other period as Apglicable Law might specify for the termination of Borrower's right to <br />reinstate; or {c) entry of a judgment enfarcing this Security Tnstte�nnent. Those canditious are that Bozrower: <br />(a) pays Lender all sums which then would bc due under this Security Instaument and the Note as if no <br />acceleration had ocaurred; (b) cures any default of any other covenants ar agreements; (c) pays all expenses <br />incurred in enforcing�this Security Instrument, including, but nat limited to, reasonable attorneys' fees, <br />property inspection and valuation fees, and other fees incurred for the purpose of protecfing Lender's interest <br />tdEBRA9KASingle Farrdly-Fennie Mee/Fredd{e Mec UNIFORM INSTRUMENT Form 30281t01 <br />VMP � VMP6(NE) (1106).QO <br />WWters Kluwer Finenciaf Servises Pege 72 of 17 <br />