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201201012 designaCed a substitute notice address by notice fo Lcnder, Borrower sliall proiijptly noCiPy I,ender of Boxrower's change of address. If Lenc7er spcciPies a procedure for reportrng Borrower'a cliauge-of address, then Borrower sliall only report a change of address tl�rougli that specified procedure. There may be only one designatecl notica address under tlils Security Instrument at any one time. Any noCiee to Lender shnll Ue given by delivering it or 6y mailing it by f'irst class mail to I.ender's address staled herein unless Lencler has desi�nated anotlier address by notice Co Rorrower, Any natice ii1 conneetion witl�this Security InsCrument shall not be deemed to have bcen given to Lender until actually received 6y Lender. IP any notice required by Yl�is Security I�istrumcnC is also requiced uuder Applicable T aw, tlie Applicable Law requirement will satisfy the carresponding xequiremenC undex tliis SecuriCy Instrument. 16. Governing Law; Severability; Rules of ConstrucYion. This SecuriCy lnstrumeiiY shall be govcrned by Cedera] law v�zl the law of the jurisdiotion in wliich the Propecty is locatad. All rights and obligatio�s conCained i�i th3s Security InsCrumenC are subjecC to <my requiremerits and limitations of Ap�licable Law. Applicable Law might expli¢iYly or impliciCly allow the parties to agcee by conttact or it migkit ve silent, but such silence shall noY 6e constxued as a prohibition againsf ngreeinent by contraet. In the event that aoy provision or elnuse of this Security Tnstrument or tlie Note conPlic[s witl�App13c2l�le Law, such confliet shall noC affect other provisions of this Seourity Instruinent ar the NoCe whicli can be given effeet without[he conflicting provision. As used iv tl�ie Secuci6y lnstrumen[: (a) words ot'the masculine gendershall mean and inelGtde corcesponding neuter words or waeds of the feminiue gender, (b)woxds in the siugular shall maan and inchtde the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action, 17, Borrower's Copy. Borrower shall be given one eopy of tha Note 1nd of this Sccurity InsCrtunent. '18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section lA, °Interest in Clie Property" means any legal or beneficial interest iu the Yroperty, iiicluding, but noC limited to, thnse beneficial inCCresls transPerred in n Uond fc�r deed, cantract for deed, installtnent sales contract or escrow agrecment, the inCant of which is ths lransFer of tiCle by Borrowcr at a fuCUre date to a purchaser. If all or any part oP Clie Propeity or any InCerest in Che Propexty is sold or transferred (or if Borrower is not a nataral person and a beneficial interesC in Rorrower is sold or tcansferred) without Lendor's prior writt�n oonsent, Lender may rcquire immediate payment in Pull of all sums secured by this Sscurity Instrumcnt. However, Uiis opCion shail not be exercisect by Lender if sucl�exercise is prohibited 6y Applicable Law. Tf I.ender exercises this opCion, Lander shall give Borrower npCice of acceleraCion. The notice shall provide a period nf not less lhan 3Q days from the date thc notice is giveu in atcwrdance with Section 15 wilhin wfilch Boxrower inust pay all sums secured by lhis SecuriCy Inshume�it. If Rorrower fails to pay these sums �rior to tha expiration of this period, Lender may invoke any reiiicdies permitCed by tl�is 9ecuriry insYrument withoul fiuther notice or clemand on Borrower. 19, Borrower's Right to Reinstate After AcceleraYion, If Borrower meets certain conditions, Borrower sl�all have the righl� fo have enfoceement of this Secm�ity Lish�ument d'isconCinued at any�time priox to the earliest of: (a) five days before sale of thc Property pLUSUant to any power of sale contai�ied in fhis See�trlty IiistrumenC; (b) such otlier period as Applicable I aw might specify for tl�e Cermiva[io11 of Borrower's right to reinsCate; or (c) entry of n judgment cnforcing this Security InsCiumenY. Those conditions are that Borrower: (a) pays Lender all sums which Chett would be due under this SecdriCy Instrument and Che Note ns If no aeceleration hnd occuxred; (b) cures any default of any ol'}ter eouena�rts or ageecments; (ej pays all expenses ineurred in enforcing 6his Seeurify u�stxu�nent, including, but not limited Co, reasona6le attori�eys' feeS, properCy inspection and valuaCion fees, aud other fees incurred fox lbe purpose of protecting Lender's interest 2h000232 NEOfiASKFl-Sin{�le Femlly-Fannie MnolFraAdia Mac 11NIFOFlM INSTRUMENT Porm�0281/01 VMP p VMP6INE)11106� Woltore I<luwor Plnenoial SerNoee PeOe 12 of 19