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201201292 designated a su4�stiriire noYice address Uy notice to Iender. Borrower shall protnptly notity Lender of Borrower's ehauge of address. If Lender specifies x proccdure for rcporlin�Borrower's change of address, then Borrower shall oi�ly report a changc of address Chcough thaC specified procedure, There �nay be oi�ly ona designated uotice address under tFiis Security lnstrumcnt al any one time, Any noCice Yo Lendec shall be given by delivering it or by mailing it by first class mail to I,ender's address stated herein unless I,eilder has designat�d anoChor address by notice Yo Barrower. Any notice in connectian witl� tl�is Security Insl�rumenC shall not I�e deemed Co have been given to Lender until actually rec�ived by Lender. If any notice required by this Security Instruinent is aiso required under Applicabla T�aw, the ApplicaE�le Law requicement will satisfy the carresponding requirement under thls Security InsCrument. 1$. (3overning Law; SeverabilRy; Rules of Cons'truction. 1']�is 3ecurity Lisuumeuc shafl be governed Uy Yederal law and Che law of the jurisdiction in which tl�e Property is located. All rig[�ts uid obligations conCained in Chis Security InstrumenC are snbject to any requirements and liinitations oP Applicable i,aw. Applicable Law might explicitly or implicitly allow the parties to agrec by conCracC or it might be silent, but sucla silenea shall not be wnsteuad as a prohibition against a�;recment by conlract. In the evenC ChaC any provisicrn or clause of this SecuriYy IiisYrument or the Note conflicts with Applicable Law, sueh eonflict shall nat affect other pravieions of this Sccuri6y Instrument or the Note whieh can be given effect without the conflicting prov�ision. As used in tliis Sccurity 1nsCrument: (a) �ord�of the masculine gender sliall mean and includc corresponding neuter wards or words of Yhe feminine gendei; (b) wocds in the siii�ular shall mcan and include the plur�il and vice versa; aud(c) the woici "may" gives sole discretion without any obligation to t�ke any acCion. 17. Borrower's Copy. Borrower shall be given one copy of the Note and oP Chis Security Instrument. 18. Transfer of the Property or a Beneficial Interest in Borrower. As tised in this Section 18, "lnterest in thc Pxoperty" means any legal �r beneflcial interest in the Property, including, but noC IimiCed Co, those beneficial interests traneferred in a bond for deed, coilh�act Yor deed, instalhncnt sales contract or escrow agreement, Yhe inteat of wliich is the transfer of'title by Borrower at a future date Cp a purcl�aser. IP all or aoy pare oP Yl�e Property or nny Interest in the Proper�y is sold or transferred (or if Bocrower is�iot a � natural person aiid a bei�efic3al inCCresC in Ronrower is sold or transPerred) wiYhout Lender's prior written co�sent, I,ender m1y eeqtuce innneciiate payn�ent in full of all sums secured by Uiie 5ecurity Instrument. IIowever, tl�is option shall not be exercised by l,ender if sueh exercise is prohibited by Applicable Lxw. If Lender exeeeises this option, Lender slia[1 give Borrower notice of aeceleration, The notice slinll providc a period ot'not less tl�ai�30 dHys fro�i�the clalc the noCice is given in accocdanpe wifh Section 15 withiil which Borrow�r mu5t�ay all sums sacured by this Se¢urity insC�'ument. If Borcowei f2ils to pay these sums prior Yo the expiration of this period, i,ender may invoke�iy remedies pennitted by this Secucity instrwnent withouC furChcr noCice or demand o� Borrower. 19. Borrower's Right to Reinstate AfYer Acceleratipn. If Borrower meets certxia condiCions, Borrower shall have the right to have enforceinent of this Security Instrument discontinucd aC any time prior to tlie earGest oP: (a) five days befot•e sale of the Propecty pursuanC Co any power of saLe eonCained in tl�is Securley Instcument; (6) sucU othex peciod as Applioable l.aw might speeify for the termina[ion of Botrower's right tc� reinstate; or (c) enCry oP a judgrnenl enforeing' this Security Hisfrument. Those conditiovs are that 13orrower: (� pays Lender all sums which then would be due under tl�is Security Insttument and the Note�as if no aeceleration had �ccurred; (b) cures any default of any other covenanCs or agreements; (c) pRys all expenses inettrred in enforoing tliis Secniity Iiistrument, including, buf not limited to, reaso��able attorneys' fees, properry inspection tmd valuation fccs, a�id other fees incurred for the purpose oP protacring Le�ider's iiaterest 3A000366 NF,RRA51<A��Singlo Family-Fannio MaelPreddie Mac UNIFOFlM INSTRUMENT Furm 301d 1/01 VMP 0 . VMPf>W[I I11061 Wolterc Kluwer Flnxnolal 6ervioee Pa�n 12 ni 1]