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�ui2u4z7s d�ignated a substitute nofice address by notice to Lender. Boaower ahall pmmptly norify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Bortower shall only report a change of address through that specified pmcedure. There may be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has desigaeted another address by notice to Borrower. Any notice in coanection with this Security Instrument sha11 not be deemed to have been given to Lender until actually r�eived by Lender. If any notice requir�i by ttris Security Inshnment is also required under Applicable Law, the Apglicable Law requirement will satiefy the corresponding requirement under ttris 5ecurity Instrum.ent, 16. GoverningLaw; Severability;Rulesof Construction.This Security Instrument shall be governed by federal law and the law of the jurisdicrion in which the Property is located. All rights and obligations contained in this Security Instrument aze subj�t to any requirements and limitarions of Applicable Law. Applicable Law might explicitly ar implicitly allow the parties to agree by contract or it might be silent, but such silence ahall not be construed as a prohibirion against agreement bq contract. In the event that any provision or clause of this S�urity Inslrument ar the Note conflicts with Applicable Law, such conflict shall not affect othet provisions of this S�urity Inslrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a} words oP the masculine gender shall mean and include cortesponding neuter words or words of the feminine gender; (b) words in the singulaz shall mean and include the plurai and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action., 17. Borrower'sCopy. Borrower shall be given one copy of the Note and of this Securiiy Inetrument. 78. 7ransfer of the Properly or a Beneficiallnterest in Borrower. As used in this Secrion 18, "Interest in the Ptoperty" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the hansfer of title by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Properly is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Bonower is sold or transfenred) without Lender's prior written consent, Lender �nay require immediate payment in full of all eums secured by this Security Inshument. Hawever, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. ff Lender exercises this option, Lender shall give Bortower notice of acceleration. The norice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within wluch Borrower must pay aIl sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Inatrument without further notice or demand on Borrower. 19. Borrower's Right to ReinstateAfter Acceleration.If Boaower meets certain conditions, Borrower shall have the right to have enforcement of this 5ecurity Instrument discontinued at any time prior ta the earliest of: (a) five days before sale of the Property piusuant to any power of �le contained in this Security Tnstnunent; (b) such other period as Applicable Law might epecify for the terminarion of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security Inshument. Those condirions are that Borrower: (a) pays Lender all sams which then would be due under this Security Inslrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c} pays a1l expenses incwred in enforcing this Security Inshvment, including, but nnt limited to, reasonable attomeys' fees, property insp�tion and valusrion fees, and other fees incurred for the ptttpose of prote�ting Lender's in�er�t � �SKASingle Family-Fennia MeafFreddie Mac UNIFORM INSTRUMENT � 30 Wolta�a Kluwer Flrmndel SerWces �Pege 12 0417